One in five business leaders in Ukraine earns over 10 million UAH
There are currently 74,000 business leaders in Ukraine who earn over 10 million UAH annually and file their financial reports on time. The vast majority of them—72%—are men. Rinat Akhmetov, Vitaliy Antonov, and Andriy Verevskyi made it into the top three richest businessmen in Ukraine. Nearly a quarter of the businessmen are registered in Kyiv.
There are currently 74,000 businesspeople in Ukraine whose companies generate between 10 million UAH and 100 million UAH in revenue. This represents one-fifth of all company owners who submitted annual reports—360,000 businesspeople. Only 28% of the businesspeople on the list are women.
Follow the leaders on the Ukrainian Businessmen Ranking page. If you are a company owner and your business submits financial reports on time and regularly—look for yourself on the list.
Over the year, the ranking grew: 9,122 participants dropped out, while 15,450 were added. The net increase in the ranking was 6,328 businesspeople. Positions have also changed; only 21 participants retained their spots. Meanwhile, 37% of businesspeople rose in the ranking, while 42% lost ground.
Nearly a quarter of all businesspeople are registered in Kyiv—16,230. Dnipropetrovsk Oblast follows (7,204 businesspeople) and Lviv Oblast (5,878). Together, these three regions account for about 40% of the top tier.
Most operate in the “mid-tier” segment of big business: 79% have revenues ranging from 10 to 100 million UAH. Another 19% generate between 100 million and 1 billion UAH, and only 2% are true giants with a turnover exceeding 1 billion UAH.
The “entry threshold” for the country’s 100 richest businesspeople rose to 9.96 billion UAH in 2025. This is 11% higher than in 2024. To make it into the top 1,000, a company must have at least 1.5 billion UAH in revenue.
Since the publication of the 2025 Businessmen Ranking, changes have occurred in the list—in particular, due to updated financial statements. Consequently, the top ten has been updated.
As of now, taking into account the updated financial statements, the top 10 businessmen of 2026 look like this:
Rinat Akhmetov remains the undisputed leader with corporate revenue exceeding 843 billion UAH. Second and third places are held by Vitaliy Antonov (164 billion UAH) and Andriy Verevskyi (149.7 billion UAH). The top ten also includes Yuriy Kosyuk, Volodymyr Kostelman, Oleksiy Poroshenko, and Dmytro Firtash. The only woman in the top 10 is Svitlana Ivakhiv, who rounds out the top 10 with revenue of approximately 46.9 billion UAH.
69 of the top 100 business owners are registered in Ukraine. The list also includes representatives from Cyprus (7%), the U.S. and the U.K. (5% each), Switzerland (4%), and other countries, including the UAE, Germany, and Monaco.
An income of 10+ million UAH was chosen as the threshold for the ranking. This is precisely the threshold above which the single tax no longer applies and the line beyond which a venture begins to qualify as a business—with corporate structuring, reporting, and all applicable taxes. The list may change as financial reports are updated.
https://opendatabot.ua/analytics/businessmen-2026
Reports have been confirmed in Romania of joint action by the Social Democratic Party (PSD) and the far-right Alliance for the Union of Romanians (AUR) against the government of Ilie Bolojan. Following announcements on April 27 regarding the start of technical preparations, the parties submitted a joint no-confidence resolution against the cabinet to parliament as early as April 28.
Reuters and AP report that the motion aims to topple the pro-European government of Prime Minister Ilie Bolojan after the PSD withdrew from the coalition, thereby depriving the cabinet of its parliamentary majority.
Parliamentary leadership has determined that the document will be read on April 29, while the debate and vote are scheduled for May 5. It was also reported that the text has gathered 251 signatures, while 233 votes are required to pass the resolution.
The political significance of this move extends far beyond parliamentary procedure. The fall of the Bolojan government could trigger prolonged political instability, put pressure on Romania’s credit rating, increase the cost of government borrowing, and complicate access to more than €10 billion in European funds that Bucharest must manage to absorb within the timeframe of the EU recovery program.
At the same time, although the PSD is working with AUR to topple the government, it has not declared its readiness to form a joint cabinet with the far-right. Both AP and Reuters emphasize that the Social Democrats are more likely trying to reshape the government on terms more favorable to themselves rather than create a full-fledged alliance with AUR.
According to Serbian Economist, the International Institute for Middle East and Balkan Studies reports that global instability is intensifying amid the war in Ukraine and strategic uncertainty
The International Institute for Middle East and Balkan Studies (IFIMES, Ljubljana, Slovenia) has published an analysis addressing the growing global disorder and the collapse of former strategic benchmarks against the backdrop of Russia’s ongoing war against Ukraine and general geopolitical turbulence.
The author of the study, IFIMES Advisory Board member and President-Commissioner of Glendale Partners, Dr. J. Scott Yanger, notes that as the war in Ukraine enters its fifth year, the international system is increasingly characterized by instability, rising conflict, and a decline in the predictability of decisions by key global players.
The article emphasizes that the protracted war in Ukraine, the crisis in the Middle East, tensions surrounding Iran, as well as increasing impulsiveness and lack of coordination in global politics are creating a new environment of strategic uncertainty. According to the author, traditional mechanisms of international deterrence and coordination are increasingly failing, and leading states are acting in an increasingly unsystematic manner.
The analysis pays particular attention to the impact of these processes on the global economy and energy security. In particular, potential disruptions in strategic transport corridors—including in the Strait of Hormuz—are cited as key risks, which could put pressure on global markets and heighten nervousness in the global economy.
IFIMES believes that the further course of events will depend on the ability of international actors to prevent the escalation of existing conflicts and to move from reactive measures to a more sustainable system of political and economic crisis management.
As noted in the publication, the current phase of global politics increasingly demands not only rapid diplomatic solutions but also a rethinking of the entire architecture of international security, which in recent years has shown signs of systemic weakening.
https://t.me/relocationrs/2722
On April 18, Motor Sich JSC (Zaporizhzhia) canceled a tender for voluntary liability insurance for members of the supervisory board due to a lack of bids. According to the Prozorro e-procurement system, the tender was announced on April 8, with the expected cost of the services amounting to UAH 1.8 million.
Motor Sich is a leading Ukrainian enterprise that designs, manufactures, and repairs aircraft engines for airplanes and helicopters, as well as gas turbine units. It is a strategic engineering facility. In 2022, the company came under state control following a seizure of shares related to an attempted sale to Chinese investors.
According to Serbian Economist, the Serbian government revoked the citizenship of Jakov Salmanovich Zakriev, the nephew of Chechen leader Ramzan Kadyrov, five days after granting it. This was reported with reference to a decision published in the “Official Gazette.”
The decision to revoke citizenship was signed on April 28 by Serbian Prime Minister Džuro Matsu. Zakriev initially received a Serbian passport under Article 19 of the Citizenship Law—as a foreigner whose admission to citizenship “is in the interest of the Republic of Serbia.”
The authorities later revised this decision. The government cited Article 184 of the General Administrative Procedure Act, which allows for the revocation of a decision that has already been implemented if necessary to eliminate a serious and immediate threat to human life and health, public safety, public order, or to prevent serious disruptions to the economy.
The story became public after Serbian media reported that citizenship had been granted to Zakriyev as a person of interest to the country. Less than a day later, the authorities revoked their decision.
Zakriyev is the son of Kadyrov’s older sister; he previously served as mayor of Grozny and later worked in the Chechen government.
The first skidders manufactured for the Carpathian branch of State Enterprise “Forests of Ukraine” under a contract with a Slovak manufacturer have successfully passed factory tests, the state enterprise announced on its Facebook page.
According to the post, the contract for the delivery of 11 units of equipment was signed in January 2025. The first two skidders have now been manufactured at the plant, and the company’s specialists personally tested them before they were shipped to Ukraine.
“This is a crucial stage, because it’s not just about the quality of the equipment, but also about people’s safety and the reliability of operations in challenging mountainous conditions. That is precisely why we conduct testing at the factory—before the equipment is put into service,” the post notes.
According to the State Enterprise, the first units will arrive in Ukraine in the coming weeks, and deliveries of the remaining nine units are scheduled for mid-summer. The new tractors will be used in 11 forest districts of the Western Region, specifically in the Brustury, Rakhiv, Uzhhorod, and Ivano-Frankivsk districts.
The company emphasized that this is the first purchase of modern specialized equipment of this caliber. Currently, the Carpathian Forest Office uses about 350 tractors, of which more than 80% (285 units) are machines manufactured in the 1980s and 1990s that frequently break down.
“The new equipment will provide greater off-road and mountain mobility thanks to a reinforced frame and all-wheel drive. Twin-drum winches will boost productivity, and modern remote control systems will make the operator’s work safer,” summarized the State Enterprise “Forests of Ukraine.”
As reported, the State Enterprise “Forests of Ukraine” will implement an investment program in 2026 with a total funding volume of 4.1 billion UAH. The modernization strategy allocates over 2.1 billion UAH for the procurement of goods and services from domestic manufacturers, specifically firefighting equipment, trailers, and reforestation equipment.
The modernization of the vehicle fleet aims to replace outdated Soviet-era equipment from the 1980s and 1990s with specialized European-standard machines. The program includes the purchase of more than 200 units of equipment, including modern skidders, harvesters, and energy-efficient tractors, which are expected to increase productivity in challenging terrain and reduce fleet maintenance costs.
