Business news from Ukraine

Business news from Ukraine

Italy has donated 10 high-power generators to Ukraine, says ambassador

Ten high-power generators donated by the Italian Civil Protection Department have arrived in Ukraine as part of an agreement between Presidents Giorgia Meloni and Volodymyr Zelenskyy, according to the Facebook page of the Italian Embassy in Ukraine.

“As with the more than 300 boilers, Italy continues to support the Ukrainian people with concrete, coordinated assistance aimed at protecting the most vulnerable segments of the population. In winter, under constant pressure on civilian infrastructure, the ability to maintain a constant power supply can be crucial for people’s safety and dignity,” said Italian Ambassador Carlo Formosa.

It is reported that the generators, with a total capacity of 1,500 kVA, are mounted on wheels, allowing them to be quickly deployed and moved according to operational needs.

“Italy continues to make efforts to ensure the uninterrupted functioning of essential services for the Ukrainian population in conditions where Russian attacks continue and winter temperatures remain extremely low,” the embassy stressed.

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Umanpivo has opened new branch in Bila Tserkva for direct product deliveries

The Umanpivo brewery (Cherkasy region) has expanded its logistics network and opened a new 2,000 sq m branch in Bila Tserkva, according to the company’s press service.

According to the report, this is the company’s third representative office in Ukraine after facilities in Uman and Vinnytsia. The company purchased a ready-made warehouse for the branch, which it converted to suit the specifics of the business. The new unit includes offices, a warehouse, and its own vehicle fleet. Five brand stores have already begun operating in Bila Tserkva.

The branch will provide direct deliveries to retail outlets in the region from Uman to Kyiv, including the city of Bila Tserkva itself, satellite cities, and surrounding areas.

“Our goal is to provide consumers with a full range of products. The branch gives retail outlets the opportunity to work directly without intermediaries,” said Igor Kisel, CEO of Umanpivo.

Umanpivo LLC was founded in 1998 in Uman (Cherkasy region). The company specializes in the production of beer, malt, cider, and non-alcoholic beverages, as well as the cultivation of grain and spice crops. The manufacturer’s range includes more than 40 types of beverages, including classic beer and experimental craft varieties such as tomato beer and “Spicy Mango” flavored beer, as well as ciders and lemonades.

According to Opendatabot, the brewery incurred a net loss of UAH 16.5 million in 2024, with revenues of UAH 998.5 million. Its debt obligations amount to UAH 567.3 million, while its assets are estimated at UAH 858.8 million. Revenue growth to UAH 1.45 billion was forecast for 2025. The company’s authorized capital is UAH 300 million.

The beneficiaries of the company are Ihor Kysil (58%) and Maria Kysil (42%).

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UACB forecasts wheat exports to grow by 11.5% to 17.6 mln tons

Wheat exports from Ukraine in the 2025-2026 marketing year (MY, July-June) are expected to reach 17.6 million tons, which is 11.5% more than in the previous season, according to the Ukrainian Agribusiness Club (UAC).

The association estimates the gross harvest for the current season at 23.1 million tons, which is 2.9% more than in 2024/2025 MY.

According to analysts, the increase in production was made possible by the expansion of cultivated areas to 5.1 million hectares (by 4.8%), which offset the decline in average yield to 4.5 tons/hectare due to unfavorable weather conditions. At the same time, the current harvest is still 6.2% below the average for the last five years.

The UACB predicts that the increase in harvest will allow for an increase in shipments after a drop in exports in the previous season to 15.8 million tons. Experts cite the stable operation of Ukraine’s own sea route as the main factor in the recovery.

At the same time, domestic demand in Ukraine continues to decline due to the temporary occupation of territories and population migration. Total wheat consumption in 2025/2026 MY is forecast at 6.2 million tons, of which 3.7 million tons will be used for food, 1.5 million tons for feed, and 825,000 tons for seeds.

“The Ukrainian wheat market is demonstrating adaptability. Despite demographic challenges and weather conditions, farmers are managing to increase their acreage. Domestic needs are fully met, and the successful operation of export routes allows for the restoration of positive supply dynamics and guarantees Ukraine’s stable presence in key markets in Europe, Africa, and Asia,” the UCAAB concluded.

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Ukraine imported €1.2 bln worth of Polish agricultural products in 2025

According to the results of 2025, Ukraine imported Polish agri-food products worth EUR 1.2 billion and entered the list of key destinations for Polish exports outside the European Union, reported the Polish online publication agronews.com.pl.

According to the publication, Polish food exports to third countries grew by 3% last year, reaching EUR 14.5 billion, which accounted for 25% of total sales. The main consumers in this segment, apart from Ukraine, were the United Kingdom with EUR 4.4 billion and the United States with EUR 838 million. Meat (EUR 1.6 billion), dairy products (EUR 1.1 billion), and chocolate products (EUR 1 billion) were in the highest demand in markets outside the EU.

According to Polish analysts, the strengthening of the zloty exchange rate, which slightly reduced the price competitiveness of Polish goods, was a restraining factor for further expansion.

At the same time, the European Union remains Poland’s key trading partner, accounting for 75% of all shipments. Exports to the bloc grew by 10% to EUR43.9 billion. Germany was traditionally the main buyer, with EUR14.8 billion. The commodity structure of European supplies was dominated by poultry meat (EUR4.2 billion, +26%), beef (EUR2.7 billion, +37%), and confectionery.

Poland’s total agri-food exports in 2025 set a historic record and reached EUR58.4 billion, allowing the country to maintain a positive trade balance of EUR19.8 billion.

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Catalonia proposes to take language skills into account when renewing residence permits

The Government of Catalonia has submitted proposals to the draft Royal Decree of Spain on the extraordinary legalization of migrants, proposing to take into account the study of the Catalan language at the first renewal of the annual residence permit.
According to the initiative, those granted an initial permit will have about a year to start learning, and it is planned to take into account “language progress” when applying for renewal. As proof, it is proposed to accept the completion of courses organized by the authorities of Catalonia, or independent training, confirmed by a certificate.
At the same time, as sources in the Spanish government emphasize, the requirement of knowledge of Catalan or Spanish language is not expected to obtain a primary permit within the framework of legalization. The question of renewal is the responsibility of the autonomous communities and may be based on the integration report of the social services, where among the factors may be taken into account and training in official languages.
According to the Statistical Institute of Catalonia (IDESCAT), on January 1, 2024, there were 1,444,192 people with foreign nationality living in Catalonia, corresponding to 18.0% of the region’s population. The largest groups of foreigners included citizens of Morocco (241,179), Colombia (94,196) and Italy (86,822). There were 44,101 Ukrainians and 33,317 citizens of the Russian Federation. More recent data on the number of foreigners will be released in mid-2026.

 

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New buildings in Montenegro have risen in price, on coast growth is faster than capital

As reported by Serbian Economist, the average price of 1 square meter of housing in new buildings in Montenegro in the IV quarter of 2025 amounted to 2 206 euros, which is 14% higher than the level of the IV quarter of 2024 (1 936 euros), according to data from MONSTAT.

The growth was uneven by region. On the coast, the average price reached EUR 2,570 per sqm (approximately +24% y/y), in Podgorica – EUR 2,141 (+10%), in the central region – EUR 1,363 (growth from a low base, approximately +46%), while the northern region did not record new building sales in Q4 2025.

The dynamics during 2025 were in waves: the national average price was €2,158 in Q1, €2,201 in Q2, €2,228 in Q3 and €2,206 in Q4, meaning that after peaking in the summer, the figure fell slightly towards the end of the year.

MONSTAT separately emphasizes that the average price is strongly influenced by the share of so-called solidarity housing (housing sold under the preferential model). In the fourth quarter of 2025, in the category “enterprises” (market sales), the average price in the country was 2,415 euros per square meter, while in solidarity housing – 705 euros.

From the point of view of “Serbian Economist”, the key conclusion for 2025 is as follows: the market of new buildings in Montenegro remains “two-speed” – the coast continues to rise in price faster due to tourist demand and limited supply in prime locations, while the capital and inland regions are more dependent on the structure of transactions and availability of credit. The Financial Stability Board at the Central Bank of Montenegro also warned about the risks of overheating amid active lending and rising prices at the end of 2025.

In 2026, the pressure on prices is likely to continue, but the pace may become more “selective” in terms of locations and quality of projects: the priority will be objects with clear documents, ready infrastructure and rental potential, while the mass segment is more sensitive to household incomes and financing conditions.

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