Business news from Ukraine

Business news from Ukraine

Argentina has once again called on UK to resume talks on Falkland Islands

The Argentine government has confirmed its readiness to resume bilateral talks with the UK regarding the sovereignty dispute over the Falkland Islands, which Buenos Aires refers to as the Malvinas. According to Reuters, Argentine Foreign Minister Pablo Kirno made this statement after a spokesperson for British Prime Minister Keira Starmer reiterated that sovereignty over the islands belongs to the United Kingdom.

According to Kirno, Argentina once again declares its readiness to return to negotiations to find a “peaceful and definitive solution” to the sovereignty dispute and put an end to what Buenos Aires calls a “special colonial situation.” The British side, in turn, reaffirmed its unchanged position and emphasized the right of the islands’ inhabitants to self-determination.

The current surge in discussion arose against the backdrop of reports about an internal Pentagon memo that allegedly considered the possibility of revising the U.S. position on the Falkland Islands as a means of pressuring London over disagreements regarding the war with Iran. Following this, the British government separately stated that its position on the islands had not changed.

The situation is significant not only in diplomatic discourse but also in a geoeconomic context. The Falkland Islands have a small population but retain strategic importance in the South Atlantic due to their fishing zone, control of maritime routes, hydrocarbon development potential, and the UK’s military presence. According to official data from the island government, fishing remains the largest sector of the economy and accounted for approximately 58% of the territory’s nominal GDP as of 2024.

The history of the conflict over the islands dates back to the 19th century. Argentina has considered them its territory since the early 1800s, but the United Kingdom established control over the archipelago in 1833 and has rejected Argentina’s claims ever since. The most acute episode was the armed conflict of 1982, when Argentina attempted to retake the islands by force, but after a brief war, British troops reestablished control over the archipelago.

Since then, the dispute has remained unresolved but has been played out primarily on the diplomatic front.
The United Kingdom relies on the principle of self-determination of the islands’ inhabitants, who in a 2013 referendum voted almost unanimously to retain the status of a British Overseas Territory. Argentina does not recognize this approach and continues to insist on negotiations regarding sovereignty.

Thus, Buenos Aires’s latest statement does not signal an immediate breakthrough in negotiations, but it does indicate that the Falklands issue may once again return to the international agenda amid broader turbulence in relations between Western allies.

 

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Ukraine and Azerbaijan have signed six agreements

Ukrainian President Volodymyr Zelenskyy announced the signing of six agreements with Azerbaijan during his visit to the country, singling out security as a key area.

“We signed six documents today. Our teams will certainly share the details later. These cover various areas. Today, the top priority is security—specifically, the defense-industrial complex,” Zelenskyy said during a joint statement with Azerbaijani President Ilham Aliyev in the city of Gabala on Saturday.

The Ukrainian president also announced agreements on joint production and the work of Ukrainian experts in Azerbaijan.

“We will certainly develop our cooperation and joint production. These are very important areas that will definitely enhance the security of our countries and our peoples, as well as trade, which we truly want to increase between our countries,” he said.

Zelenskyy announced a “very significant step” in the form of signing documents on the joint development of the countries’ defense-industrial complexes.

He also thanked Aliyev for 11 support packages in the energy sector and for assistance to children evacuated from border areas, and reported on agreements in the field of education, specifically regarding the training of Azerbaijani students in Ukraine.

Aliyev, in turn, noted that “quite serious cooperation” is currently underway between Ukraine and Azerbaijan and that it was “once again confirmed” during Zelenskyy’s visit.

“Regarding military-technical cooperation, we also discussed this issue. It has quite broad prospects in both Ukraine and Azerbaijan. We see the development of the defense industries, and we can look into joint production. But overall, we have excellent opportunities in manufacturing. And today we also had extensive talks on this,“ he said.

Also, according to the head of the Azerbaijani state, the presidents discussed the need to develop trade between the countries. ”It currently amounts to more than $500 million, and I think it will continue to grow. Because we have every opportunity,” he said.

In addition to political dialogues, the parties also discussed cooperation in the energy sector. “We have achieved certain milestones. SOCAR has been operating successfully in Ukraine for many years. And now there are very good prospects. We have joint projects, joint initiatives, and investments. All these issues were discussed in detail today,” Aliyev said.

 

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Ukrainian Hydrometeorological Center forecasts thunderstorms, hail, and frost

The Ukrainian Hydrometeorological Center has issued a warning of thunderstorms and, in some areas, hail in certain regions of Ukraine on Sunday afternoon, April 26, as well as frost in the air and on the ground on the nights of April 27 and 28.

“On the afternoon of April 26, thunderstorms are expected in most southern and central regions, as well as in the Kharkiv and Sumy regions; in some areas, hail and squalls of 15–20 m/s are possible. On the afternoons of April 26 and 27, wind gusts of 15–20 m/s are expected across Ukraine (Level I hazard, yellow),” – according to a warning about severe weather phenomena sent to the Interfax-Ukraine news agency.

Weather conditions may disrupt the operations of energy, construction, and utility companies as well as transportation, the Ukrainian Hydrometeorological Center warned.

“On the nights of April 27 and 28, there will be frosts of 0–3°C in the air (Level II danger, orange); in the south on April 27 and in the southeast of the country, there will be frosts of 0–5°C on the ground (Level I danger, yellow),” the report states.

Meteorologists warned that the frosts will damage early-blooming fruit trees.

 

Inditex is bringing back six brands at once to Gulliver shopping center following facility’s transfer to state-owned banks

The Gulliver shopping center has officially announced the reopening of stores belonging to one of the world’s leading fashion retailers. Starting today, key brands of the Inditex group—Massimo Dutti, Stradivarius, Bershka, Pull&Bear, Oysho, and Zara Home—are once again available to visitors.

The return of these brands is an important step toward restoring the shopping and entertainment center’s full-fledged fashion offering. For visitors, this means the return of familiar and beloved stores to a well-known location in the heart of the capital.

The resumption of cooperation with international retailers became possible after the property’s legal status was stabilized. Since July 2025, the shopping and entertainment center has been owned by Oschadbank and Ukreximbank due to the previous owner’s failure to meet its credit obligations. In October 2025, the court lifted the seizure of the property, after which the complex came under the management of state-owned banks.

“The reopening of Inditex stores at Gulliver is a clear indicator of confidence in the new landlord. Transparency of ownership and predictability of terms are key factors for global business. Today, we provide exactly these conditions, and it is paying off. We are pleased to see that world-class brands are betting on Gulliver and Kyiv shoppers,” said Arsen Milyutin, Deputy Chairman of the Board of Oschadbank, responsible for NPL operations.

The Inditex Group is a leading global Spanish fashion retailer and one of the world’s largest fashion manufacturers and distributors, managing brands such as Massimo Dutti, Bershka, Pull&Bear, Stradivarius, Oysho, Zara, and Zara Home.

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Memorandums were signed in fields of defense, dual-use, and trade at Ukrainian-Latvian Business Forum

The Ukrainian-Latvian Business Forum was held at the Ukrainian Chamber of Commerce and Industry, during which the parties discussed cooperation in defense, energy, infrastructure, technology, and investment, and held a series of B2B meetings. Following the event, nine memorandums were signed, seven of which were in the military and dual-use sectors, and two in the trade sector.

The forum was attended by Ukrainian Minister of Economy Oleksiy Sobolev, Latvian Minister of Economy Viktors Valainis, Latvian Ambassador to Ukraine Andrejs Pildegovičs, Gennadiy Chizhikov, President of the Ukrainian Chamber of Commerce and Industry; Aigars Rostovskis, President of the Latvian Chamber of Commerce and Industry; representatives of the Latvian Investment and Development Agency; and representatives of Ukrainian and Latvian businesses. The program also included a plenary session, a business session, separate panel discussions on defense, technology, energy, and infrastructure, as well as an AirBaltic workshop for Ukrainian companies.

Speaking at the forum, Gennadiy Chizhikov, President of the Ukrainian Chamber of Commerce and Industry, emphasized that the event signals a shift from political support to substantive economic cooperation. “Today’s forum is a very important signal for our business communities. It shows that Ukraine and Latvia are not limited to political support or general declarations. We are shaping a concrete agenda for economic cooperation—substantive, sector-specific, and results-oriented,” he said.

According to Chizhikov, for the Ukrainian Chamber of Commerce and Industry, cooperation with Latvia has a practical dimension, particularly in terms of expanding partnerships between companies, forming new production chains, promoting investment projects, and cooperation in sectors that will shape the economy of the future. He specifically noted that the forum’s program focuses on areas where both countries can achieve the greatest mutual added value—defense, energy and infrastructure, technology, investment cooperation, and practical B2B contacts.

Speaking about defense cooperation, Chizhikov stated that Ukraine today is not only a country that is defending itself but also a country that generates new solutions in the fields of security, defense technologies, and dual-use developments. “We are convinced that Ukrainian-Latvian cooperation in the field of defense tech can include joint development, technological cooperation, the integration of engineering solutions, and the creation of new products for the European security market,” he noted.

Separately, the president of the Ukrainian Chamber of Commerce and Industry emphasized the potential for cooperation in the fields of energy, infrastructure, and technology. According to him, Ukraine is interested in partnering with Latvian companies in the fields of energy efficiency, energy services, infrastructure restoration, logistics, municipal solutions, the digital economy, cybersecurity, telecommunications, and innovative entrepreneurship. He also highlighted the practical nature of the forum as a platform for negotiations, project presentations, and the launch of new partnerships.

“Our main message today is simple and clear: Ukraine and Latvia can achieve much more together. We can invest together. We can produce together. We can enter new markets together. And we can create a new economic reality together, in which the Ukrainian-Latvian partnership will be one of the examples of successful European economic cooperation,” Chizhikov stated.

He added that the Ukrainian Chamber of Commerce and Industry is ready to continue serving as an institutional partner for Latvian businesses in finding contacts, supporting projects, developing B2B dialogue, and deepening inter-chamber cooperation.

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KNUCA Veterans Institute Will Hold Open House Events for Veterans and Their Families

The “Architecture of Resilience” Veterans Institute at the Kyiv National University of Construction and Architecture will hold a series of open house events in May for veterans, defenders, and their family members.

According to the organizers, the events will take place on May 15, May 21, and May 28, 2026, at 3:00 PM at the following address: 2 Preobrazhenska St., KNUCA Student Center.

During the open house events, participants will be able to obtain information about admission opportunities to higher education institutions for veterans and their family members, benefits, support, and personalized admission pathways, as well as learn about educational, retraining, and professional development programs.

In addition, the organizers will present opportunities for psychological, social, and rehabilitation support provided by the Veterans Cluster of Ukraine and the KNUBA Institute of Veterans. Veterans and their families will also have the opportunity to ask the support team questions regarding education, adaptation, and further professional development.

KNUBA noted that the Institute of Veterans has begun preparations for the 2026 admissions campaign for veterans, defenders of Ukraine, as well as their children and family members. The program provides for admission to higher education institutions without the National Multidisciplinary Test (NMT)—based on an interview—the opportunity to study in over 100 fields and more than 250 educational programs, as well as individual support—from submitting documents to finding employment or starting a business.

The institute notes that education for veterans is viewed as a tool for returning to an active professional role and participating in the country’s reconstruction. That is why the program combines academic study with psychological support, rehabilitation components, practical projects, and partnerships with employers.

Programs are available in full-time, part-time, and distance learning formats—across Ukraine and from abroad. For veterans and defenders, admission is granted without the National Multidisciplinary Test (NMT) or the Unified State Exam (USE), based solely on an interview that takes into account prior service, educational, or work experience.

The 2026 admissions campaign places special emphasis on fields critical to the country’s recovery, including engineering, construction, architecture, IT, management, security, ecology, physical rehabilitation, and sports.

Participation in tuition-free education, as the organizers clarify, involves the use of state compensation programs, grants, scholarships, and support from employers.

Admission takes place within the framework of the main admissions campaign—from July 1 to August 10—with documents required to be prepared and submitted by July 1.

The program’s partner universities include Kyiv National University of Construction and Architecture, National University of Physical Education and Sports of Ukraine, Western Ukrainian National University, Yuriy Kondratyuk Poltava Polytechnic National University, Vasyl Stefanyk Precarpathian National University, National University of Life and Environmental Sciences of Ukraine, Drohobych National Pedagogical University, Igor Sikorsky Kyiv Polytechnic Institute, Ivan Pul’uj Ternopil National Technical University, and the University of Educational Management.

Details and consultations are available on the website www.Veterano.info

Contact information for inquiries: +38 073 94 96 179, +38 050 22 35 182, +38 067 49 81 098.

Email: center@uvc.in.net or veterano@knuba.edu.ua

Director: Artem Goncharenko, +38 073 177 72 73.

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