Business news from Ukraine

Business news from Ukraine

Ukraine participates in work of Mediterranean Fisheries Commission for first time

Ukraine is participating for the first time in the 48th session of the General Fisheries Commission for the Mediterranean (GFCM) in Malaga on November 3-9, 2025, as a full member. The updated list on the FAO website states that Ukraine became a contracting party on September 11, 2025.

The Commission consists of 24 contracting parties: Albania, Algeria, Bulgaria, Croatia, Cyprus, Egypt, the European Union, France, Greece, Israel, Italy, Lebanon, Libya, Malta, Monaco, Montenegro, Morocco, Romania, Slovenia, Spain, Syria, Tunisia, Turkey, and Ukraine. Five cooperating non-contracting parties are also involved in the work: Bosnia and Herzegovina, Georgia, Jordan, Moldova, and Saudi Arabia.

The official program of the session will take place from November 3 to 9, 2025. The decisions will be published by the FAO after the session closes. FAOHome

 

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Sanofi has reduced its supply of flu vaccines to Ukraine by 2.5 times this year, resulting in vaccine shortage

The pharmaceutical company Sanofi has reduced its supply of flu vaccines to Ukraine during the current epidemic season, delivering 100,000 doses with no additional deliveries planned.

According to information provided to Interfax-Ukraine by the pharmaceutical company, it supplied 250,000 doses to Ukraine during the previous epidemic season.

“The reduction in deliveries of Sanofi influenza vaccines this season is due to temporary difficulties in production processes, including the company’s global transition to the production of trivalent vaccines in accordance with updated WHO recommendations. The adaptation of technological and logistical processes is currently underway, which has temporarily affected the volume of vaccine supplies to countries in the northern hemisphere, including Ukraine. No additional vaccine supplies are expected this year,” the company said.

In addition, the company reported that Sanofi’s quadrivalent influenza vaccine, which was imported in the amount of 100,000 doses, remains the only vaccine registered by the Ministry of Health in Ukraine for the 2025/2026 epidemic season.

Currently, the media and social networks are reporting a significant shortage of flu vaccines during the current epidemic season. Private clinics are reporting that it is impossible to purchase the vaccine.

The Interfax-Ukraine agency is awaiting comments on the vaccine situation during the current epidemic season from the Ministry of Health, the State Emergency Service, and the State Service of Ukraine on Medicines and Drugs Control.

As reported, as of the end of September 2025, the State Medical Service announced that the first 76,000 doses of the Korean vaccine GC FLU, manufactured by GC BioPharma Corp. and imported by Biolabs LLC, had passed quality control. The quality control procedure was also passed by 100,000 doses of the French vaccine VAXIGRIP TETRA, manufactured by Sanofi Pasteur and imported by Sanofi-Aventis Ukraine LLC. In early October, Biolabs LLC planned to import another 54,000 doses of the GC Flu vaccine manufactured by GC Biopharma Corp.

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Leadership lessons from Usyk at KIEF: business about “long game” and discipline

Following the Kyiv International Economic Forum, entrepreneur Vasyl Khmelnytsky published a column with conclusions from a public conversation with undisputed world boxing champion Oleksandr Usyk. The key idea is that lasting victories are built on the “long game,” through discipline, consistency, and teamwork, rather than quick decisions.

According to the author, business and sports share the same principles: daily routine work, discipline, the ability to learn from mistakes, and reliance on the team. Usyk, using his own regime as an example, emphasizes that it is not motivation that matters, but habit and responsibility to the team. The column notes that long-term sustainability is created by investing in processes and people, and mistakes are seen as data for improvement.

The context of the forum is a focus on people and economic recovery. A charity auction was held during the meeting: gloves autographed by Usyk were sold for UAH 1,100,000, and the proceeds from the sale were donated to the Soborna Ukraine Foundation to support the children of fallen defenders.

“We are in it for the long haul. A champion is not afraid to lose — he learns. A strong leader surrounds himself with strong people and delegates,” Vasyl Khmelnytsky highlighted from the conversation at KIEF.

What does all this mean for business?

1) Strategy: prioritize long-term goals and sustainability over “quick wins.”

2) Operations: focus on establishing routines and process metrics rather than one-off spikes.

3) Team: build trust and fair rules, strengthen the role of department leaders.

4) risk management: formalize error analysis and a plan for corrections after each “round.”

Vasyl Khmelnytsky is a Ukrainian entrepreneur and investor, founder of UFuture. He initiates and supports educational and entrepreneurial projects, including schools and acceleration programs. A regular participant in KIEF, he writes columns on entrepreneurship, team development, and business.

Oleksandr Usyk is a Ukrainian professional boxer and undisputed world heavyweight champion. He is known for his discipline, team approach, and systematic training. He participates in charitable and public initiatives and supports projects to help children and veterans.

Source: https://interfax.com.ua/news/blog/1118228.html

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Ethereum dipped after testing $4,000; forecasts for November–December

Over the past month, Ethereum (ETH) rose to the $4,000+ zone with multiple “defenses” of the $4,000 level at the end of October, after which it entered a correction amid mixed flows in crypto ETFs and a pause in regulatory decisions in the US. As of Wednesday morning, the price was hovering around $3,300, below last week’s highs.

What drove the market last month?

After several rebounds from $4,000 at the end of October, activity rose above average, but momentum faded at the $4,050–4,200 support levels.

The decisions on new crypto ETFs expected in October were postponed due to the government shutdown in the US; however, some products still entered the exchange under a simplified procedure, which shifted the “main” catalysts to November.

In September, the SEC approved unified listing standards for commodity ETPs on leading US exchanges, which simplified the launch of new crypto ETFs and supported expectations for the expansion of product lines (including multi-crypto funds). I

Now let’s analyze the main factors for November–December (base scenarios).

1) Moderately positive. The launch of new ETFs/updated prospectuses and the resumption of institutional inflows to ETH are strengthening demand; technically, a return above $3,800–4,000 opens the way for a retest of the autumn highs.

2) Neutral. Overestimated expectations for ETFs and subdued on-chain indicators keep ETH in a wide range of $3,000–3,800 without a trend; local rallies are quickly fixed. (Benchmark: recent “sell zones” of $4,050–4,200).

3) Risky. Increased macro volatility or new outflows from ETH ETFs could trigger a decline to $2,800–3,100; in this case, the market will focus on medium-term support, and decisive drivers will be postponed until 2026. (Examples of data on outflows/capital flows into altcoins appeared this week).

Interestingly, Citi in September cited a base case estimate of $4,300 at the end of the year with a bullish scenario of $6,400 under favorable macro conditions and the use of Ethereum applications; the bearish case is $2,200.

After the spring network updates, the industry is discussing the next steps in the Ethereum roadmap; industry reviews mention the following UX and scalability improvements, but the key issue for the market in the coming weeks remains the regulatory block on ETFs in the US.

Note: forecasts are probabilistic and depend on macro conditions, ETF news, and fund inflows/outflows; investment decisions should be made with risk in mind.

https://www.fixygen.ua/news/20251105/efir-prosiv-pislya-testu-4-tis-prognozi-na-listopad-gruden.html

 

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Nova Poshta increased its revenue by 22.5% but reduced its profit by 6%

Nova Poshta, the leader in express delivery in Ukraine and part of the Nova Group, increased its revenue by 22.5% in January-September 2025 compared to the same period in 2024 to UAH 37.73011 billion and reduced its net profit by 6.2% to UAH 1.54420 billion.

According to the published interim unconsolidated financial statements in accordance with international standards of the company in the information disclosure system of the National Securities and Stock Market Commission, gross profit increased by 28.4% to UAH 7 billion 528.75 million, while operating profit increased by 50.1% to UAH 3 billion 678.24 million.

According to the report, the decrease in net profit is due to an almost threefold increase in income tax to UAH 0.35 billion and financial expenses by 21.8% to UAH 1 billion 686.25 million, as well as a more than twofold decrease in other financial income to UAH 0.76 billion.

As reported, in the first half of this year, Nova Poshta’s net profit decreased by 19.6% to UAH 1.19574 billion, while revenue increased by 22.1% to UAH 24.57127 billion.

As of the end of September this year, Nova Poshta had liabilities of UAH 998.83 million for one bond issue – “F”, as well as obligations to banks in the amount of UAH 6 billion 635.59 million, with equity capital of UAH 12 billion 471.71 million and total assets of UAH 31 billion 505.36 million.

The Nova Poshta website states that the company has 110 terminals and depots throughout the country, with the eight largest terminals located in Kyiv, Kharkiv, Khmelnytskyi, Lviv, Dnipro, Odesa, and Zaporizhzhia.

As of October 6, the leader in express delivery in Ukraine had 44,983 service points, including 14,336 branches and 30,647 post offices. In the first half of this year, the branch network grew by 708 points to 13,985, and the number of parcel terminals increased by more than 4,000 to 28,326.

The ultimate beneficial owners of the company are Volodymyr Poperechnyuk and Vyacheslav Klimov.

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Ukrzaliznytsia plans to raise prices for SV and first class Intercity

Ukrzaliznytsia (UZ) plans to raise ticket prices for SV and first class Intercity to partially compensate for losses from passenger transportation, said Serhiy Leshchenko, deputy chairman of the UZ supervisory board.

“We plan to raise dynamic pricing for SV and first class Intercity. This will partially improve the results, but not completely,” he said from the rostrum of the Verkhovna Rada, where he was summoned by deputies the day before, according to a correspondent from the Interfax-Ukraine agency.

Leshchenko noted that in order to avoid losses from passenger transportation altogether, it is necessary to increase passenger transportation prices by 3-4 times, which is impossible during the war.

The last time Ukrzaliznytsia raised prices was on February 1 this year for international trains to Poland and Hungary – by 17-37%. Thus, due to a reduction in discounts, the cost of tickets to Poland increased by 20-27% in 1st class “Intercity+” and SV carriages and by 9-27% in compartment carriages. The cost of travel on the most popular international trains: Kyiv-Warsaw increased by 37%, Kyiv-Budapest by 17% in SV carriages and by 21% in compartment carriages.

According to Ukrzaliznytsia’s expectations, which were presented in the 2026 state budget draft, losses from passenger transportation in 2025 will amount to UAH 20.8 billion, in 2026 – UAH 22.3 billion, in 2027 – UAH 24.7 billion, and in 2028 – UAH 29.4 billion.

According to the company’s results for 2024, losses in the passenger transport segment increased by UAH 2.4 billion, or 15.4%, to UAH 18.1 billion, which was covered by profits from the freight transport segment, which amounted to UAH 20.4 billion. At the same time, the company forecasts a sharp decline in freight transportation profits in 2025 to UAH 0.9 billion, moderate growth in 2026 to UAH 9.0 billion, in 2027 to UAH 12.6 billion, and in 2028 to UAH 19.3 billion.

Overall, in 2024, UZ increased its revenue by 11.1% to UAH 102.87 billion, but incurred a net loss of UAH 2.71 billion compared to a net profit of UAH 5.04 billion in 2023.

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