The total turnover of Budhouse Group shopping centers in 2025 reached UAH 15.4 billion, which is 27% more than in 2024, with a 17% increase in euros, the company’s press service told the Interfax-Ukraine news agency.
Compared to pre-war 2021, revenue increased by 49% in hryvnia terms, while in currency terms, this figure grew by only 1%. It is noted that these figures are primarily due to the forced closure of the Fabrika shopping center and the fact that the Inditex and H&M stores have not yet resumed operations in the Nikolsky shopping center in Kharkiv. At the same time, facilities that were not damaged showed steady growth in revenue in euro terms compared to 2021: the Lubava shopping center exceeded this level by 26%, and Forum Lviv by 44%.
The total number of visitors to the company’s shopping centers in 2025 reached almost 26 million (+13% compared to the previous year).
This trend is largely due to the recovery of the Nikolsky shopping center in Kharkiv. While in 2024, due to constant shelling of the city and prolonged unrest, the facility recorded a significant decline, in 2025, it saw steady growth, reaching 32% over the year. By the end of 2025, Nikolsky had practically reached the 2021 attendance level, welcoming about 1 million guests per month.
The Lubava and Forum Lviv shopping and entertainment centers also ended the year with positive results, with traffic growth rates of 4% and 2%, respectively.
On average, there are 629 visitors per 1,000 square meters of leasable space in the group’s properties.
Throughout 2025, the company managed to keep vacancy rates at a minimum of 0.8%, which is virtually the same as in 2021. At the same time, the Nikolsky shopping center still has vacant spaces for Inditex and H&M retailers.
Last year saw a higher tenant turnover rate compared to 2024. In operating centers, 42 new lease agreements were signed for a total area of 7,900 sq m, compared to 4,600 sq m in 2024. Among the most notable openings were the Jysk store in Nikolsky and the Fly Kids entertainment center in Lubava.
Significant work was carried out at the Forum Lviv shopping and entertainment center: thanks to a series of relocations and the attraction of more than 10 new brands, it was possible to qualitatively update the tenant mix of the shopping center.
At the end of 2025, the company began designing the second phase of the Lubava shopping and entertainment center with a total area of 12,000 sq m.
As for other projects, the construction of the Khortitsa Mall shopping and entertainment center in Zaporizhzhia and the Yessa shopping and entertainment center in Odesa, which began in 2021, is currently suspended until the end of hostilities. The company also plans to renovate the Fabrika shopping and entertainment center, which it will be able to start after the security situation stabilizes and the shelling of Kherson stops.
Budhouse Group is a full-cycle company engaged in the investment, development, and management of sustainable assets in the real estate sector. Since 2009, it has opened four shopping centers: Fabrika (Kherson), Lubava (Cherkasy), Forum (Lviv), Nikolsky (Kharkiv) — and the Khortitsa Palace hotel (Zaporizhzhia). Linden Luxury Residences was commissioned in the spring of 2023.
Ukraine ranked 9th among the countries whose citizens most often came to Georgia in 2025 – 136,826 visits (an increase of 15.4% to 2024), follows from the data of the National Tourism Administration of Georgia.
In total, Georgia recorded 6,856,809 international visits in 2025 (plus 6.2% to 2024). The leader was Russia with 1,579,764 visits, or about 23% of the total (plus 11.1%).
Turkey, Armenia, Israel, Azerbaijan, Kazakhstan, Belarus, India and China were also in the top 10 source countries of tourist flow (international visits).
In December 2025, Ukrainian citizens ranked third among foreigners in terms of home purchases in Turkey, according to data from the Turkish Statistical Institute (TurkStat) cited by Turkish media.
According to the published data, foreigners purchased 2,541 properties in Turkey in December, which is 5.1% more than in December 2024. Russian citizens ranked first in terms of purchases in December (504 properties), followed by Iran (232) and Ukraine (193).
Overall, in 2025, sales of housing to foreigners in Turkey fell by 9.4% to 21,534 properties. Among foreign buyers for the year, Russian citizens led the way (3,649 properties), followed by Iran (1,878) and Ukraine (1,541).
Overall, home sales in Turkey in December 2025 increased by almost 20%.
Albania’s dependence on grain imports has increased in 2025 amid a decline in domestic production and an increase in abandoned farmland, with Serbia becoming the main supplier of grain, the Serbian Economist reports, according to Pamfleti website.
Albania imported more than 374,000 tons of grain in 2025, almost 40,000 tons more than in 2024, with wheat and corn being the main imports.
Agro-economist Zef Gjeta linked the increase in imports to the lack of real reforms and public funding of the agro-sector, emphasizing that without support for farmers, the country loses its production potential and becomes more dependent on external supplies.
The structure of supplies has changed – Serbia has become the first exporter of grain to Albania, while previously significant volumes came from Russia and Romania. At the same time, procurement costs, according to the source’s assessment, remained close to 2024 levels due to shorter logistics and the strengthening of Albania’s national currency, despite the increase in physical volumes.
Albania also exported 248 tons of grain worth about 28 million lek, almost double the amount from a year earlier, but these volumes remain small. The country’s farmland area is estimated at about 700,000 hectares, with the area under cereal crops shrinking and the area of abandoned land growing, experts warned.
https://t.me/relocationrs/2148
Boris Vladimirovich Lupkin, Doctor of Technical Sciences, professor of the Department of Aircraft Production Technology at the National Aerospace University “Kharkiv Aviation Institute” (KAI), laureate of the State Prize of Ukraine in Science and Technology, has passed away, the university announced.
According to the KhAI, Lupkin was born in 1939, graduated from the KhAI in 1963, and began his career at the Kyiv Aviation Plant, where he worked as an engineer. He later worked for many years at the Ukrainian Research Institute of Aviation Technology in Kyiv, and in 1983, he became the head of the institute.
The university noted that Lupkin participated in the development of heat-shielding tiles for the Buran orbital spacecraft. From 1995 to 1999, he worked as chief inspector-consultant to the Administration of the President of Ukraine, and in 2002 he returned to the KhAI as a professor. He was awarded the State Prize of Ukraine in Science and Technology in 1995.
Ukraine will be fully integrated into the EU energy market in 2027, even if we are not yet formally a member of the Union, said Deputy Prime Minister for European and Euro-Atlantic Integration of Ukraine Taras Kachka, according to a correspondent from Interfax-Ukraine.
“There is currently a large bill in parliament—several hundred pages on the final integration of Ukraine’s energy market with the EU. It is ready for its second reading, and I think we will be able to adopt it in February,” he said at the Ukrainian Breakfast in Davos on the sidelines of the World Economic Forum on Thursday, organized by the Victor Pinchuk Foundation.
According to Kachka, the document consists of hundreds of pages of technical assessments that experts have been working on for years.
“It is thanks to this work that in 2027 we will be fully integrated into the EU energy market, even if we are not yet formally a member of the Union,” the Deputy Prime Minister emphasized.
As reported, on July 22, the Verkhovna Rada adopted draft law No. 12087-d “On Amendments to Certain Laws of Ukraine Regarding the Implementation of European Law on Energy Market Integration, Improving Security of Supply and Competitiveness in the Energy Sector.” According to the Ministry of Energy, the relevant legislative proposal was developed on the basis of nine EU energy legislation acts and aims to create the necessary legislative framework for the full integration of Ukraine’s electricity market into the single European market on the principle of reciprocity.
The document provides, in particular, for the integration of the short-term (spot) electricity markets of Ukraine and the EU (market coupling) and balancing markets, which means increasing market liquidity, simplifying the conditions for trading electricity with the EU, making effective use of the transmission capacity of interconnections between countries, increasing the flexibility of the energy system, and providing access to EU reserves.
The draft law also provides for additional mechanisms to protect consumer rights and strengthen their role in the market by increasing the transparency of supply conditions and introducing tools for comparing suppliers’ offers, as well as creating conditions for consumers to participate in other market segments, in particular the ancillary services market.
The ministry noted that the adoption of the document as a whole will ensure the synchronization of electricity markets in early 2027.
