The unaudited EBITDA of six solar power plants (SPPs) with a total installed capacity of 105 MW in the Lviv region, which Ukraine’s largest mobile operator Kyivstar acquired for 3.6 billion UAH (or $80.8 million), amounted to UAH 596 million in 2025.
According to Kyivstar’s presentation on the acquisition, the revenue of these six SPPs, commissioned between 2017 and 2025, totaled UAH 682 million last year.
The operator noted that this investment, calculated at $0.77 million per 1 MW, aligns with one of its four priorities—capital investment in real assets that mitigate inflationary and/or currency risk.
“Renewable energy is one of the key areas of Kyivstar’s investment portfolio, as it opens up opportunities for the further use of ‘green’ electricity to cover part of the company’s energy needs,” Kyivstar CEO and President Oleksandr Komarov is quoted as saying in the press release.
The three other priorities listed are investments in infrastructure reconstruction and preventive network protection, the development of a digital ecosystem through adjacent acquisitions, and increasing the market share of fixed broadband through targeted acquisitions.
Taking into account the initial purchase last December of the 13-MW “Sunwin 11” solar power plant for $3 million in the Zhytomyr region, Kyivstar’s total “green” generation capacity has grown to 118 MW, which enables the production of electricity equivalent to approximately 30% of the company’s current annual consumption, according to the press release.
“Electricity from the acquired solar power plant group will be fed into Ukraine’s unified power grid in accordance with current market and regulatory rules, which will allow Kyivstar to partially hedge risks associated with fluctuations in electricity prices,” Kyivstar explained.
The mobile operator noted that these “green” projects also enable it to build a long-term energy consumption model, strengthen the country’s energy sector, and align with sustainable development goals.
Kyivstar’s stock price rose by 2.18% on May 26, the day the purchase of six solar power plants was announced, reaching $14.51 per share.
As reported, in March of this year, Kyivstar received approval from the Antimonopoly Committee of Ukraine (AMCU) to purchase six solar power plants in the Lviv region: Energo-Postach-Plus LLC, Lightful, Sunlight Generation, Ternovytsia Solar, Energy Space, and Ternovytsia Solar Plus.
In the first quarter of 2026, Kyivstar increased its EBITDA by 28.5% to UAH 7.5 billion, while revenue grew by 31.3% to UAH 13.9 billion.
In 2025, the Kyivstar Group increased its EBITDA by 30% to UAH 27 billion, with revenue growing by 30.3% to UAH 48.2 billion. In particular, in the fourth quarter of last year, EBITDA increased by 23.1% to UAH 7.2 billion, with revenue growing by 30.1% to UAH 13.5 billion.
Over half a million transactions and nearly 50 billion UAH—this is the state of the agricultural land market in Ukraine more than four years after the moratorium was lifted, according to the State Service of Ukraine for Geodesy, Cartography, and Cadastre. The average price per hectare of land in Ukraine currently stands at 75,100 UAH. The most expensive land is currently in Ivano-Frankivsk and Kyiv regions, while the most active land purchases this year are taking place in Vinnytsia and Chernihiv regions.
501,619 agricultural land purchase and sale transactions totaling 49.7 billion UAH have been concluded in Ukraine over the past four years since the opening of the land market. The total area of the plots covered by these transactions is 977,200 hectares.
We are tracking the trends on the Land Market in Ukraine page.
Ukrainians concluded a record 131,300 transactions last year. This is 13% more than in 2024. At the same time, the total value of transactions jumped by 43%: from 12.5 billion UAH to 18 billion UAH. While in 2024 a hectare of land cost an average of 47,300 UAH, in 2025 it was already 61,800 UAH. Thus, land prices rose by nearly a third over the course of the year.
The land market continued to rise in price in 2026 as well. In just the first four months, Ukrainians concluded 39,797 transactions totaling 6.17 billion UAH. Although the number of transactions decreased by 5% compared to the same period last year, the cost of land continued to rise rapidly, reaching 75,100 UAH/ha. This is 26% more than a year earlier.
It is worth noting that while prices rose, the area of land sold decreased. While 92,900 hectares were sold in January–April 2025, this year the figure was 82,100 hectares.
January has so far been the most expensive month of 2026—at that time, the average price per hectare reached 95,700 UAH. Buyers were most active in March, when 12,276 deals were concluded.
Traditionally, prices vary significantly by region. The most expensive land is currently in Ivano-Frankivsk Oblast, where a hectare costs an average of 179,600 UAH. The price is nearly the same in Kyiv Oblast—178,200 UAH/ha. The top five most expensive regions also include Lviv Oblast (153,400 UAH/ha), Ternopil Oblast (120,000 UAH/ha), and Vinnytsia Oblast (93,400 UAH/ha).
In contrast, the lowest prices are found in the frontline and southern regions. In Donetsk Oblast, a hectare of land costs 30,700 UAH, in Kherson Oblast—38,500 UAH/ha, and in Mykolaiv Oblast—44,100 UAH/ha. The regions with the lowest land prices also include Dnipropetrovsk Oblast (46,500 UAH/ha) and Odesa Oblast (47,800 UAH/ha).
Land is being sold most actively in the central and northern regions of the country. Thus, the highest number of transactions since the beginning of the year was recorded in Vinnytsia Oblast—3,416. Next are Chernihiv (3,279), Sumy (3,261), Poltava (2,963), and Khmelnytskyi (2,905) regions.
https://opendatabot.ua/analytics/landmarket-2026
The spring-summer ban on fishing in rivers and inland waters, which had been in effect since April 1, has ended, the press service of the State Agency for Fisheries (Derzhrybagentstvo) reported on Wednesday.
It is noted that fishing is now permitted in rivers and inland waters, but only with handlines or spinning rods using natural or artificial bait, with a total of no more than seven hooks per angler.
The State Fisheries Agency reminded that the daily catch limit is 3 kg of fish plus one specimen exceeding the minimum size allowed for catch. For example, in inland waters, catfish must be at least 80 cm long, pike—50 cm, and walleye—42 cm; for chub and sabre-tooth, 24 cm; for blue bream, 22 cm; and for tench and roach, 20 cm.
At the same time, weight and quantity restrictions do not apply at all to the catch of species such as sand smelt, silver bream, dwarf American catfish, roundhead, sunfish, tulka, and Amur gudgeon.
It is emphasized that fishing for fish listed in the Red Book of Ukraine remains strictly prohibited. These include: European grayling; Danube and Black Sea salmon; Black Sea vimba; Dnieper roach; ide; podust; golden crucian carp; sterlet; beluga; sturgeon; sevruga; and several other species.
In reservoirs, particularly those of the Dnipro Cascade, as well as in ponds and estuaries, the spawning ban remains in effect. In these areas, fishing is permitted exclusively from the shore and outside of spawning grounds. At the same time, only spinning rods with a single artificial lure or hook-and-line tackle with no more than two hooks per person may be used, the agency added.
The Parallel gas station chain increased its fuel sales by 1.5 times in the January–March quarter of 2026 compared to the same period in 2025, the company told *EnergoReform*.
In addition, Parallel launched its renovated gas stations following modernization.
The company notes that all of this was the main reason for the nearly twofold increase in taxes paid during this period—738 million UAH, which is 1.8 times higher than the corresponding figure from last year.
At the same time, the bulk of tax payments consisted of customs duties.
“The total amount of import VAT, excise tax, and customs duties exceeded 700 million UAH. For the same period in 2025, this figure reached nearly 400 million UAH. The difference is primarily explained by an increase in purchases of imported fuel and new excise tax rates that took effect on January 1, 2026,” Parallel noted.
It is also noted that corporate income tax increased 3.5-fold compared to the first quarter of 2025, but its share in total tax revenue does not exceed 2%. The company explained this by the fact that the main cash flow goes to suppliers, the state, and the company’s employees.
Regarding the latter, the company noted that payments for personal income tax, the unified social contribution, and the military levy have nearly doubled.
“This is due to the company’s policy of raising wages and preserving jobs during a period of instability in the fuel market,” the company added.
As Parallel owner and CEO Alexander Dubinin commented, the first-quarter results demonstrated the chain’s growing popularity among motorists, and the significant improvement in business profitability was achieved thanks to strategic investments made in previous years and measures to enhance management efficiency.
“Behind this non-trivial task lie serious investments and the painstaking work of a team focused on customer needs,” Dubinin emphasized.
As reported, by July 2025, the number of gas stations under the Parallel brand had increased to 76 stations across 8 regions. Currently, 96 gas stations are operating in 17 regions.
Before the war, the Parallel network consisted of 132 gas stations. As a result of the full-scale invasion, Parallel lost or suspended operations at most of its facilities.
In the first half of 2025, it paid over 724 million to budgets at all levels: 414 million UAH in excise tax, 278 million UAH in VAT, 13 million UAH in income tax, and 2.4 million UAH in military tax.
Parallel is a member of the Ukrainian Oil and Gas Association and ranks among the top 10 largest Ukrainian fuel importers.
In March 2026, Ukrainian banks issued 808 mortgage loans totaling UAH 1.51 billion, which is 7.9% more than in February, when 701 loans totaling UAH 1.39 billion were issued, according to the results of a monthly survey by the National Bank of Ukraine (NBU).
“The quality of the mortgage portfolio is good: the share of non-performing loans is only 13%,” the regulator commented on the results via its Telegram channel.
At the same time, compared to March 2025, the volume of loans issued increased by 87.5%.
As the National Bank specifies, among the 38 surveyed banks, which together account for over 95% of the gross mortgage portfolio, 14 banks issued new loans in March. Most transactions were concluded in the primary housing market: 494 in March totaling UAH 932.4 million, compared to 386 in February totaling UAH 766.6 million.
In the secondary housing market, 314 deals were concluded for UAH 572.7 million, while in February there were 315 deals for UAH 627.7 million.
The weighted average effective interest rate in the primary market in March 2026 increased to 8.37% per annum (8.25% in February 2025), and in the secondary market to 10.48% (9.46%).
Survey data show that the largest number of loans in March was issued in Kyiv and the Kyiv region—441 loans totaling 873 million UAH (58.0% of the total volume). Next are Lviv Oblast—43 loans totaling 92 million UAH, Vinnytsia Oblast—35 loans totaling 69 million UAH, and Volyn Oblast—32 loans totaling 57 million UAH.
As reported, on May 5, the Financial Stability Council approved the updated Strategy for the Development of Mortgage Lending.
The document provides for risk reduction, improvement of state support for mortgages, protection of creditors’ rights, development of construction financing instruments, and improved access to information on real estate market prices.
Kernel’s investments in community development over the past four years have reached UAH 1 billion. Recently, the “My Community: Together with Kernel” program has been growing rapidly under a co-financing model: for every hryvnia residents raise through crowdfunding, the company adds another 10 hryvnias, according to a Kernel press release on Wednesday.
“The results for 2026 demonstrate the effectiveness of this approach: communities raised nearly 1 million UAH, which is 46% more than last year. The project is scaling rapidly: while 196 applications were submitted from five regions in 2025, this year there have already been 411 applications from 12 regions of Ukraine,” the agricultural holding noted.
It clarified that over the two years of the “My Community: Together with Kernel” program, the company has funded 67 local initiatives with over 10 million UAH, and communities have raised an additional 1.3 million UAH on their own through the project’s partner, the “My City” crowdfunding platform.
This year, 34 projects were selected as winners, for which the company provided 4.5 million UAH in funding. Among the priorities are spaces for veterans, mental health support programs, accessible sports facilities, and educational projects. Over the next three months, the winners will implement their projects in their communities.
“We see a great demand for the development of our cities and villages even during the war, and our task is to provide local activists with the tools they need. The mechanics of crowdfunding help verify this: if residents are willing to support an idea with even a small contribution, it means the demand is real,” said Lilia Marachkanets, director of the “Together with Kernel” Charitable Foundation, in the press release.
According to her, the main idea is to teach community organizations, schools, municipal institutions, and activists to independently create projects and unite people around shared solutions. “Kernel” also trains local officials to work with international investments and European grants.
Kernel Agricultural Holding is the world’s largest producer and exporter of sunflower oil, Ukraine’s largest grain exporter, an operator of an extensive network of logistics assets, and a leading producer of grain and oilseeds in Ukraine. It is one of the largest producers and sellers of bottled oil in Ukraine. It is engaged in the cultivation and sale of agricultural products.
In the first half of fiscal year 2026 (FY, July–December 2025), Kernel reduced its net profit by 33% compared to the same period last year—to $119 million. Consolidated revenue amounted to $1.924 billion, which is 1% less than in the first half of FY 2025, while EBITDA decreased by 14% to $247 million.
According to information on the website of the “Together with Kernel” Charitable Foundation, the foundation operates in 12 regions of Ukraine across 190 communities and implements more than 2,000 projects across eight areas.
