Business news from Ukraine

Business news from Ukraine

Fire Safety Union has come out in support of Kovlar Group

The Ukrainian Fire and Technological Safety Union, as a nationwide professional public organization that brings together experts, manufacturers, designers, and specialists in the field of fire and industrial safety, officially declares its support for Kovlar Group LLC in connection with the dissemination of information that shows signs of manipulation and damages the business reputation of the company and the industry as a whole.

Kovlar Group LLC is a member of the Union and actively participates in the organization’s professional activities aimed at improving fire safety in Ukraine. The company’s director, Konstantin Kalafat, heads the specialized committee on fire protection, which testifies to his expertise and professional authority among industry representatives.

We are confident in his clear pro-Ukrainian position, dedication to the state, and profession. Over many years of activity, particularly in the context of full-scale war, he has consistently demonstrated civic responsibility, support for the Ukrainian industry, and active participation in professional and public initiatives. In the professional community, Kostyantyn Kalafat is known as a principled specialist, patriot, and person dedicated to the development of the Ukrainian fire safety sector.

The company’s activities in the field of development and application of fire protection materials are carried out within the framework of current legislation, in compliance with the requirements of regulatory and legal acts and industry standards. The company cooperates systematically with the professional community and is open to expert dialogue.

We emphasize that the dissemination of unverified, distorted, or manipulative information harms not only individual businesses but also overall confidence in the fire safety market and Ukrainian manufacturers.

The Ukrainian Union of Fire and Technogenic Safety calls on media representatives and the public to adhere to the principles of objectivity and fact-checking. If necessary, the Union is ready to provide professional explanations and reserves the right to appeal to the competent authorities to protect the legitimate interests of our organization’s members.

The All-Ukrainian Public Organization “Ukrainian Union of Fire and Technogenic Safety” (USFTS) was established in 2004. Until July 30, 2010, the organization was called the “Ukrainian Union of Manufacturers of Fire Protection Products and Services.” The USFBS was registered by the Ministry of Justice of Ukraine on October 19, 2004, under No. 2163.

The USFBS consists mainly of collective members, i.e., labor collectives of enterprises, institutions, and organizations, and individual members, i.e., individuals working in the field of fire and man-made safety.

The main goal of the organization is to carry out activities aimed at improving the environmental situation by promoting the development and implementation of means and methods of fire protection and man-made safety, protecting the domestic market for fire and man-made safety products, and the common interests of its members.

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Pre-premiere screening of Jim Jarmusch’s film “Father, Mother, Sister, Brother” took place in Kyiv

The Oscar cinema in the Gulliver shopping center in the capital hosted a pre-premiere screening of the new film by cult American director Jim Jarmusch, Father Mother Sister Brother, ahead of its wide release in Ukraine, Olga Levkun, a journalist from the Culture Department of the Interfax-Ukraine agency, reports from the scene.

The film is a comedy-drama structured as three novellas that explore the complex relationships between loved ones—parents and children, brothers and sisters—as well as themes of family memory, alienation, and the search for emotional intimacy. The film combines Jarmusch’s trademark irony with intimate psychological drama and the director’s signature aesthetic.

The film features world-renowned actors, including Cate Blanchett, Adam Driver, Charlotte Rampling, Vicky Krieps, Tom Waits, Mayim Bialik, Sarah Green, India Moore, and Luca Sabbat.

The film had its world premiere at the Venice International Film Festival, where it won the top prize, the Golden Lion. After the festival screening, the film received widespread international acclaim and positive reviews from critics, who praised Jarmusch’s direction, the actors’ performances, and the screenplay structure.

The pre-premiere screening in Kyiv took place on the eve of the film’s Ukrainian release and brought together representatives of the cultural community, the film industry, and the media.

According to reports, the film will be released in Ukraine on February 26.

Jim Jarmusch is one of the most influential directors in American independent cinema, the author of cult films such as Dead Man, Paterson, Broken Flowers, Only Lovers Left Alive, and others. His works have repeatedly received awards at Cannes, Venice, and other international film festivals.

https://www.youtube.com/shorts/gVl0uZ6nQLo

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In 2025, EIB provided Ukraine with nearly €1.5 bln for energy and infrastructure

In 2025, the European Investment Bank (EIB) Group provided Ukraine with nearly €1.5 billion in new financing for energy, infrastructure, small business support, and European integration projects, according to a statement released by the financial institution on Thursday.

“Today, more than ever, Europe stands with Ukraine. It is a priority for us, and our focus is clear: energy, heating, water, transport, health, and education—the systems that underpin daily life and the country’s resilience,” said EIB President Nadia Calviño.

The release notes that since 2022, Ukraine has already received more than EUR4 billion in financing under European Union (EU) guarantees to strengthen critical infrastructure, support municipal services, and maintain economic activity in the context of war.

According to the bank, in 2025, a EUR300 million transaction was signed with Naftogaz of Ukraine to replenish gas reserves, which was supplemented by a EUR127 million EU grant, as well as EUR 120 million for PJSC Ukrhydroenergo to restore strategic hydroelectric power plants and EUR 200 million through partner banks to help communities restore and modernize centralized heating systems.

Three recovery programs totaling EUR 740 million, including EUR 100 million signed in 2025, are financing the reconstruction of water supply, heat supply, and municipal infrastructure (schools, hospitals, housing) in more than 150 communities, with more than 500 projects underway across the country.

Separately, in 2025, the EIB signed the Ukraine Water Recovery project for EUR 100 million to repair and modernize water supply and sanitation systems damaged by the war.

A loan of EUR 134 million has been allocated to transport and European integration infrastructure for the repair of key bridges and roads and the modernisation of border infrastructure along the “solidarity routes”, as well as EUR 40 million for the deployment of an EU-compatible 112 emergency assistance system in Ukraine.

Regarding support for the private sector, the EIB noted the signing of agreements with seven Ukrainian banks under the EU4Business guarantee program, which is expected to unlock approximately EUR 250 million in financing for approximately 4,600 small and medium-sized enterprises (SMEs). The report also mentions investments of EUR 15 million in the Ukraine Phoenix Tech Fund and EUR 50 million in the Amber Dragon Ukraine Infrastructure Fund, as well as a EUR 70 million loan to Ukrgasbank to expand access to long-term financing for SMEs and mid-cap companies.

In addition, together with the European Commission, an EU export credit guarantee instrument worth EUR 300 million is being promoted under the InvestEU program to support European companies exporting to Ukraine.

According to reports, in 2026, the EIB plans to maintain its priority on energy sustainability, expand support for the private sector and SME financing, and strengthen assistance to social and municipal infrastructure and advisory and technical support as part of Ukraine’s preparations for EU accession.

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Polimos’ net profit in 2025 decreased by 15% to UAH 32.4 mln

The printing company Polimos JSC (Pokotylivka, Kharkiv region), more than 53.5% of whose shares are owned by the Danish company Duka Trade ApS, ended 2025 with a net profit of UAH 32.375 million, which is 15% less than in 2024

According to the company’s information in the disclosure system of the National Securities and Stock Market Commission (NSSMC), the issue of distribution of profits is included in the agenda of the general meeting of shareholders on March 30.

The draft decision on this issue provides for not distributing the net profit received and not paying dividends.

At the same time, the agenda includes the issue of distributing the net profit for 2023 in the amount of UAH 31.116 million. According to the draft decision, it is proposed to allocate UAH 29.56 million (95% of the profit) to the payment of dividends and UAH 1.556 million to the reserve capital. Dividends are planned to be paid directly to shareholders from April 10 to September 23, 2026.

As reported, based on the results of 2024, Polimos paid dividends to shareholders in the total amount of UAH 36.176 million (from the net profit of UAH 38.08 million) at the rate of UAH 21.47 per share with a par value of UAH 1.

At the meeting, shareholders also plan to approve the results of the company’s financial and economic activities in 2025, consider the issue of replenishing working capital, and apply to OTP Bank with a request to grant or extend a loan.

Polyemos Printing Group has been operating in the Ukrainian market since 2001. It is a large manufacturer of packaging and labels using flexographic printing for the alcoholic and non-alcoholic beverage, meat processing, cosmetics and perfume industries, household chemicals, oil and fat, and dairy industries.

The company’s clients include MHP, Globino, Nemiroff, Donat, Tavria, and Bioton Cosmetics.

The group of companies also includes Vinnytsia-based Polyemos Group LLC, which is engaged in printing products and leasing real estate.

According to the National Securities and Stock Market Commission (NSSMC) for the fourth quarter of 2025, Denmark’s Duka Trade ApS owns 53.5101% of the JSC’s shares, another 28% are owned by Danish resident Tina Fyhn, and almost 18.49% are owned by Anatoliy Kulov, who also owns 100% of Poliemos Group.

According to data from YouControl, in January-September 2025, the company received UAH 24.8 million in net profit (almost at the same level as in the same period of 2024) with a 20.7% increase in net income to UAH 242.9 million.

The company’s authorized capital is UAH 1.685 million.

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Oschadbank more than doubled its net profit in 2025 to UAH 16.1 bln

The state-owned Oschadbank (Kyiv) ended 2025 with a net profit of UAH 16.1 billion, which is more than double the 2024 figure of UAH 7.9 billion, the financial institution reported on Thursday.

“In 2025, we proved that a state-owned bank can not only be financially stable, but also remain a leader in customer trust… Last year’s results allowed us to strengthen the bank and create resources for further development,” said Yuriy Katsion, chairman of the board of Oschadbank.

According to the financial institution, its pre-tax profit in 2025 exceeded UAH 19 billion, compared to UAH 18.7 billion in 2024.

Oschadbank specified that one of the key factors in the growth of its financial results was the expansion of lending to the real sector: in the retail segment, the loan portfolio grew to UAH 26.7 billion (+26%), in micro, small and medium-sized businesses – to UAH 30.2 billion (+16%), and in corporate business – to UAH 71.3 billion (+12%).

Interest income from loans increased by 23% last year and exceeded UAH 20 billion, net interest income increased by 28% to UAH 31.1 billion, and total operating income increased by 25% to UAH 38.8 billion, the bank said.

Oschadbank’s liabilities as of the end of 2025 amounted to UAH 467.7 billion, while customer funds increased by UAH 68.5 billion (+18%) over the year.

At the same time, the bank added that work on problem debt, in particular the settlement of NPLs within the framework of the TOK Gulliver project, contributed to the financial result.

According to the bank, the share of government bonds in assets in 2025 decreased to 38% from 45%, reflecting a shift in focus towards lending to the real sector.

The bank reported that it serves about 6 million active customers and is the leader in lending to legal entities with a market share of about 14%. As of January 1, 2026, Oschadbank’s loan portfolio amounted to UAH 128.2 billion (+15.4%).

According to the National Bank, as of January 1, 2026, Oschadbank ranked second (UAH 514.65 billion) in terms of net assets among 60 banks.

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In 2025, system of state archives of Ukraine produced 53 million digital copies of documents

In 2025, the system of state archives of Ukraine produced almost 53 million digital copies of documents, which is one of the highest figures in the history of independence. This was reported during the presentation of the public report of the State Archival Service of Ukraine at Ukraine Crisis Media Center.

According to Anatoliy Khromov, head of the State Archive, despite the challenges of a full-scale war, the archival system has demonstrated resilience and dynamic development, and digitalization has become a key area of work.

“Almost 53 million scanned copies of documents were created during the year, and the total amount of materials available online through the Interarchival Search Portal has increased to about 20 million digital copies. This greatly expands the ability of citizens and researchers to work with documents remotely,” , Khromov said.

According to him, Ukraine continues to increase the pace of digitalization of archival heritage and cooperates with international partners. In particular, during the year, memorandums were signed with the Institute of National Memory of Slovakia and the National Archives of Sweden, and agreements with the international organization FamilySearch International were updated.

“These steps open up new opportunities for exchanging copies of documents, implementing joint research projects, and integrating Ukrainian archives into the international archival space,” the head of the agency emphasized.

A separate area of work is the historical and documentary project “Ukrainian Martyrology of the Twentieth Century,” which already contains information on more than 155 thousand repressed people and aims to restore historical justice and preserve national memory.

The State Archives Service emphasizes that digitization of documents is of strategic importance in times of war, as it allows not only to provide access to information but also to preserve the country’s cultural and historical heritage from possible losses.

As reported, President of Ukraine Volodymyr Zelenskyy enacted a decision of the National Security and Defense Council to impose personal special economic and other restrictive measures (sanctions) on individuals and entities involved, in particular, in the theft of cultural property and documents of the National Archival Fond of Ukraine.

https://interfax.com.ua/news/culture/1147369.html

 

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