Business news from Ukraine

Business news from Ukraine

Farmers harvested nearly 35,000 tons of grain from new harvest

Farmers in three regions of Ukraine have begun harvesting early grains and legumes and have harvested 34,800 tons of grain from the new harvest from an area of 14,200 hectares, which is 28% less than a year earlier, according to the Ministry of Agrarian Policy and Food.

The ministry noted that in the Odesa, Kherson, and Mykolaiv regions, 33,900 tons of barley were harvested from an area of 13,600 hectares with a yield of 24.9 centners per hectare, and 900 tons of peas were harvested from 600 hectares with a yield of 15.2 centners per hectare.

According to the Ministry of Agrarian Policy and Food, the largest harvesting areas are expected in the Dnipropetrovsk, Kharkiv, Poltava, Vinnytsia, and Cherkasy regions, where the main work will begin in late June – early July.

The report states that this year, 1.398 million hectares are planted with barley in Ukraine, 210,400 hectares with peas, and early grains and legumes occupy a total of 11.1 million hectares.

As reported, the harvest in Ukraine in 2024 officially began on June 21, when farmers in the Vinnytsia, Dnipropetrovsk, Kirovohrad, Odesa, Mykolaiv, and Kherson regions harvested 48.3 thousand tons of grain from the new harvest, including 1.1 thousand tons of wheat with a yield of 22.0 cwt/ha, 39.9 thousand tons of barley with a yield of 29.8 cwt/ha, and 7.3 thousand tons of peas with a yield of 22.0 cwt/ha.

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Ukrzaliznytsia has announced tender for 1,520 containers worth UAH 469 mln

The subsidiary of Ukrzaliznytsia, TsTS Liski, has announced a tender for the purchase of 1,520 20-foot containers, including 1,020 Open Top containers and 500 Pallet Wide containers, according to a statement on Prozorro.

The open tender will be held according to the Dutch auction principle (price reduction – IF-U), with a starting price of UAH 469,088,082 (excluding VAT). The minimum price reduction step is 0.5% or UAH 2,345,440.

The auction is scheduled for June 27. The deadline for delivery of the containers is December 31, 2025.

According to the technical specifications, the Open Top container is designed for transporting a wide range of bulk cargo, hot pellets, and metal products. The container must have a steel all-welded frame.

The Pallet Wide container is designed for the transportation of a wide range of bulk cargoes that are explosion-proof, granular, and non-caking by rail, water, and road transport in domestic and international traffic. It must transport a wide range of piece goods on Euro pallets in width (two rows).

 

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Number of cases of animal cruelty has increased almost fourfold

A record 386 cases of animal cruelty were recorded by the Prosecutor General’s Office of Ukraine (PGO) in the first five months of 2025. This is 3.7 times more than in the same period last year. In 80% of cases, suspects have already been charged, but only 4% of all proceedings have reached court.

A record 386 criminal proceedings under Article 299 of the Criminal Code (cruelty to animals) were opened in Ukraine in the first five months of 2025. The previous record — 220 cases per year — was set in 2020. Over the year, the number of cases of cruelty to animals increased almost fourfold: from 105 last year to 386 this year.

“The increase in the number of criminal proceedings for cruelty to animals is not about an increase in violence, but about a decrease in silence. Thanks to educational work, accessible legal tools, and support from civil society organizations, people are reporting violations more and acting in accordance with the law,” comments Anastasia Gevchuk, a legal analyst at UAnimals, an animal and environmental rescue organization.

There was a sharp spike in the spring of this year: more cases were opened in April than in the whole of last year. By comparison, at the beginning of 2025, an average of 21 cases were opened per month, as in previous years. At the same time, 213 new cases were opened in April alone — ten times more than usual. In May, the number of cases decreased by 110, but this is still five times higher than in previous years.

At the same time, cases of animal cruelty have been investigated more effectively. In previous years, suspects were charged in only 20% of cases — effectively, in one in five cases. This year, suspects have been charged in 80% of cases. However, due to the sharp increase in the number of cases, fewer cases under Article 299 have reached court: from 13-15% in previous years, this figure has fallen to 4%.

“This surge in new cases this year is, in particular, the result of the persistent work carried out in 2024: the launch of chatbots where people can report animal cruelty, the publication of templates that can be submitted if you encounter such a situation, training for investigators and prosecutors, etc., conducted by UAnimals. In addition, in February 2025, specialized training was held for law enforcement officers, which increased their awareness and, accordingly, their effectiveness in recording such cases,” notes Anastasia Gevchuk.

За даними пошуковика по судовому реєстру Бабуся цьогоріч суди вже винесли 20 вироків за жорстоке поводження з тваринами. Злочинці отримують реальні терміни ув’язнення за жорстокість до тварин. For example, in Lviv region, a man was sentenced to five years in prison for beating a dog to death with a bat. However, there are also cases in the register where offenders were punished with fines and suspended sentences.

https://opendatabot.ua/analytics/animals-cruelty-2025

Ukraine’s GDP growth slowed to 1.1% in May, according to IER

Ukraine’s real gross domestic product (GDP) grew by 1.1% in May 2025 compared to the same month in 2024, according to the Monthly Economic Monitor of the Institute for Economic Research and Policy Consulting (IER).

“The State Statistics Service has begun to publish data on industry more quickly, which allows us to assess the state of the Ukrainian economy more accurately. The new data show that growth rates remain low, although certain positive signals are already emerging,” according to the results of the study published on the IER website on Thursday.

According to the IER, real gross value added (GVA) growth in the manufacturing industry accelerated to 2.4% in May compared to 2024, up from 1.4% in April after a decline in March. This indicator was supported by more stable domestic demand.

In addition, companies faced fewer problems with access to electricity in May. According to the IER’s estimates, real GVA in electricity grew by 3% year-on-year in April and 4.8% in May. The decline in the extractive industry slowed to 10.4% (compared to 2024) in May due to a slight recovery in gas production and an increase in the extraction of construction raw materials.

According to the State Statistics Service, retail trade turnover grew by 4.8% in the first quarter. Data on wholesale trade has not yet been released, but the IER assumes that it continued to decline slightly due to the ongoing transition to direct sales and reduced use of warehouses due to shelling by the Russian army. Therefore, real GDP growth in trade in April and May is estimated at 2% year-on-year, although wages continue to rise rapidly.

Real GVA in agriculture declined by 2.4% year-on-year in May, which is close to April’s figures. This reflects a decline in livestock production by households, which was not offset by a slight increase in production by enterprises.

The IER estimates that real GVA in transport declined by 6.4% in May compared to the previous year. The slowdown in rail freight transport continued, and the impact of the suspension of gas transit persisted, although growth was observed in other transport sub-sectors.

In the first five months of 2025, Ukrzaliznytsia transported 22.2 million tons of cargo to ports. In particular, 12.7 million tons of grain were transported, of which 11.4 million tons were for export (to ports and the western border). This figure is 30% lower than in January-May 2024.

“The decline in rail transport reflects a seasonal trend in lower grain sales in anticipation of the new harvest,” the IER explains.

In addition, electricity imports rose by 3.6% in May compared to April, to 198,000 MWh. Most of the electricity was supplied from Hungary (40%). Electricity exports in May fell by 41% compared to April, to 93,000 MWh.

As for gas, the IER warns of the threat of a shortage if not all production capacities are restored after the Russian shelling. Currently, the shortage is estimated at approximately EUR 1 billion. As of mid-May, 6.14 billion cubic meters of gas had been accumulated in underground storage facilities (UGS).

As noted, the May level of UGS filling was the lowest in the last 11 years. Last month, 11.7 TWh, or more than 1.1 billion cubic meters, of gas was sent to UGS, which is 49% more than in May last year. Of this, about 500 million cubic meters came from abroad, while a year ago such inflows were close to zero.

“This indicates that the injection of Ukrainian-produced gas into storage facilities in May was not much lower than last year’s figure. The average daily injection rate in May was 376 GWh, or approximately 36 million cubic meters, and in the first 16 days of June, it rose to 463 GWh, or 45 million cubic meters,” the IER said.

Average price per square meter in Kyiv has decreased by 1.2% since beginning of year

The average price per square meter in new buildings in Kyiv in mid-2025 is $1,924/sq. m (equivalent to 80,100 UAH/sq. m), which is 1.2% lower than at the beginning of the year, according to the press service of the investment and development company City One Development. by the press service of the investment and development company City One Development.

According to the company’s experts, based on their own analytical database, the cost of new buildings fluctuated minimally in all segments. At the same time, most classes saw a slight increase: economy by 0.5% to $1,054/sq. m, comfort by 1% to $1,325, and premium by 2% to $4,498. Average prices for business-class properties fell by 0.4% over six months and now stand at $2,394 per square meter.

“The primary real estate market in Kyiv is indeed showing gradual price growth, driven by several key factors. First of all, this is the increase in construction costs caused by the rise in prices for materials, electricity, logistics, labor, etc. Real estate remains a reliable asset, especially in times of instability, which stimulates investment interest,” comments City One Development analyst Elena Shirina.

According to her, the traditional rise in prices during the construction stages also plays a role—the closer the property is to completion, the more expensive the apartments become. Inflation supports the trend toward rising housing prices, as real estate does not lose value during periods of general price increases.

According to the study, as of mid-2025, there were 143 residential complexes for sale, which is 25% less than at the beginning of the war. In the first half of 2025, sales started in several new residential complexes in Kyiv. New projects indicate restrained but positive dynamics in the market and attempts to form a long-term offer.

Developers are adapting their projects in response to new buyer expectations. A characteristic feature of the pricing policy for new residential complexes is the inverse relationship between price and floor level—the lower the floor, the higher the cost, which is the opposite of previous trends. Autonomy and security are important factors. More and more new buildings are equipped with backup power supplies (generators, inverters, solar panels). And 75% of new buildings provide shelters: underground parking lots, basements, specialized bomb shelters.

According to the company’s analytical database, almost half of developers in new projects offer housing for sale under the state programs “єОселя” and “єВідновлення.”

Overall, the primary real estate market in Kyiv in the first half of 2025 is showing stability, cautious developer optimism, and a gradual recovery of investor confidence. According to Shyrina, weak demand during the war is limiting active price growth, as many buyers are postponing their decisions to purchase real estate. This creates a balance between the growth in the value of high-quality properties and the restraint on pricing due to the population’s insufficient purchasing power.

In the spring, developers became more active: they began to raise prices and launch new projects, relying on optimism about the possible end of hostilities. However, the escalation on the front lines, shelling, and alarming news have again slowed this momentum, affecting consumer sentiment and their willingness to invest.

“After the end of the active phase of the war, a significant increase in the cost of housing in high-quality projects is expected. Investors who invest in reliable residential complexes now will receive the maximum increase in value in the future,” Shyrina explained.

City One Development is an investment and development company with over 15 years of experience. It specializes in the creation, implementation, and management of large-scale infrastructure residential complexes, as well as actively investing in the development of Ukrainian industry.

City One Development’s portfolio includes over 1.15 million square meters of completed projects and 600,000 square meters under construction.

The company’s residential projects in the capital include Novopecherski Lypky, Boulevard of Fountains, Svyatobor Park Resort, and The Light. Its industrial projects include two float glass factories within the City of Glass and Galicia industrial parks.

JYSK has opened its 109th store in Ukraine — in Karavan shopping center in Dnipro

The international home goods retailer JYSK opened a new store on Thursday in the Karavan shopping center, one of the largest shopping and entertainment centers in Dnipro, according to the retailer’s press service.

“We are delighted to be even closer to our customers in Dnipro. The Karavan shopping center is a popular destination visited by thousands of city residents every day. The new JYSK store will make high-quality home goods even more accessible,” said Yevgen Ivanytsia, Country Director of JYSK in Ukraine.

The opening of this store, which is the 109th in the chain in Ukraine, confirms the company’s strategic course of development and expansion even in wartime.

The store at 17 Nizhnedniprovska Street has a retail area of 1,069 square meters, as well as 192 square meters of warehouse space with 5-meter-high equipment and 32 square meters of office space. The store is designed in accordance with the Store Concept 3.0, which features a modern interior, convenient navigation, and an inspiration zone for shoppers.

JYSK currently operates in 37 cities in Ukraine. In addition, there is an online store at jysk.ua.

The company employs over 800 people in Ukraine.

JYSK is part of the family-owned Lars Larsen Group, which has over 3,500 stores in 50 countries.

JYSK’s revenue in the 2023/24 financial year was EUR5.6 billion.

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