Business news from Ukraine

Business news from Ukraine

“DTEK KREM” to invest UAH 1 bln in grids in 2025

“In 2024, DTEK Kyiv Regional Power Grids invested UAH 1.5 billion in the repair and development of grids, and this year the company plans to invest UAH 1 billion, said Vitaliy Shayda, CEO of the company.

“The amount of investments in network repairs and development in 2024 is UAH 1.5 billion. In 2025, we will invest more than UAH 1 billion,” he said at a briefing in Kyiv.

According to him, the company has repaired and renewed more than 9.5 thousand km of overhead power lines, updated almost 2 thousand power facilities, performed 852 repairs of cable lines, and cleared more than 4 thousand km of routes from overgrowth. He emphasized that thanks to these large-scale preparatory works, the company was able to prepare for the autumn-winter period and successfully pass it, providing reliable electricity supply to the residents of Kyiv region under martial law.

Shaida clarified that in 2024 the company connected almost 13 thousand facilities to its networks, which is 80% of the 2021 figure.

“This is evidence that the Kyiv region is living, building, developing, and this requires a modern electrical infrastructure. Therefore, we are directing all available resources to strengthen the grids to meet the region’s need for a stable and reliable power system,” he said.

According to Shaida, in 2024, five industrial green energy facilities were connected to the company’s grids: two solar power plants, one bioenergy facility, and two thermal power plants.

In addition, 1.5 thousand prosumers – household solar generation stations – have joined the company’s grid.

Shayda also noted that in 2024, a pilot project with a digital twin of the power grids was implemented at the Irpin power center. According to him, this allows for a quicker response to accidents, better load planning, and increased reliability of power supply.

DTEK KREM plans to repair more than 1.6 thousand power facilities and more than 9 thousand kilometers of overhead lines in 2025, and clear more than 4 thousand kilometers of routes from overgrowth.

Greek residential real estate market 2025: analysis and forecast for 2026 by Relocation

The Greek residential real estate market 2025 continues to show steady growth despite global economic challenges. Demand for housing remains high among both local residents and foreign investors, which contributes to higher prices and the development of new projects.

Current market situation

  • Price growth: According to The Luxury Playbook, the average cost of residential real estate in Greece in 2024 was $292,700, and it is expected to reach $364,500 by 2029. This indicates a steady increase in housing prices.
  • Foreign investment: The Golden Visa program continues to attract foreign investors. In 2024, more than 11,870 visas were issued, bringing in more than €2.9 billion in foreign direct investment in the real estate sector.
  • Tourism and leasing: Growth in tourism is driving demand for short-term rentals, especially in popular tourist destinations such as Athens, Thessaloniki, and the islands. However, the government is introducing restrictions on new short-term rental licenses in central Athens to balance the interests of locals and tourists.

Forecast for 2026

  • Stabilization of price growth: House price growth is expected to slow but remain positive. Annual growth is projected at 3.2% to 3.7% until 2029.
  • Infrastructure development: Large projects, such as Ellinikon on the Athens Riviera, continue to attract investment and contribute to infrastructure development, making the region more attractive to buyers.
  • Impact of interest rates: Rising interest rates may affect the availability of mortgage financing, especially for local buyers. This could lead to a decrease in demand for housing in some market segments.

Recommendations for investors

  • Consider investing in developing areas: Areas with developing infrastructure and high potential for price growth may offer attractive investment opportunities.
  • Consider changes in legislation: Keep up to date with new regulations and restrictions, especially those related to short-term rentals, to avoid unexpected obstacles.
  • Assess risks: Consider the opportunities for real estate investment. However, it is important to carefully analyze the market and consider all possible risks when making investment decisions.

Source: http://relocation.com.ua/rynok-zhytlovoi-nerukhomosti-hretsii-2025-roku-analiz-i-prohnoz-na-2026-rik-vid-relocation/

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“Euroins Ukraine” will insure motor transport of airport ”Boryspil”

The state enterprise Boryspil International Airport (Kiev) on April 16 announced its intention to conclude a contract with IC “Euroins Ukraine” (Kiev) for the purchase of services of compulsory insurance of civil liability of owners of land vehicles (OSAGO), according to the system of electronic public procurement. The expected cost of the purchase of services is UAH 596,360 thousand, the company’s price offer is UAH 279,334 thousand.

In the tender participated IC “Guardian” with the offer of UAH 279,335 thousand, “Arsenal Insurance” – UAH 279,336 thousand, “Kraina”-358,2 thousand, “Universalnaya-390,4 thousand, IC ‘VUSO’-415,4 thousand, ‘Oranta’-523,5 thousand.

IC “Euroins Ukraine” is a universal insurance company, which has been working in the Ukrainian market since 1992. It is a part of the Bulgarian insurance group Euroins, one of the largest independent insurance groups in the countries of Central, Eastern and South-Eastern Europe.

 

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Over 111 thousand doses of DPT vaccine delivered to Ukraine

Ukraine has received 111.1 thousand doses of diphtheria and tetanus vaccine (DPT) as part of the supply within the framework of the Ministry of Health’s cooperation with the Global Alliance for Vaccines and Immunization (Gavi).

According to the Ministry of Health, Gavi is funding some of the vaccines to support the national immunization program. UNICEF purchases and delivers vaccines to the country. The distribution of drugs to the regions is coordinated by the Public Health Center.

The vaccine is intended for vaccination of children according to the National Immunization Schedule and will be distributed to medical institutions between the regions.

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Lead imports increased 7 times, exports fell by 25%

In the first quarter of 2025, imports of lead and lead products to Ukraine increased 7.4 times to $2.09 million ($863 thousand in March).

Exports decreased by 25.2% to $2.12 million ($773 thousand in March).

In 2024, imports also increased by 2.4 times to $2.39 million, while exports fell by 22.9% to $11.4 million.

Lead is currently mainly used in the production of lead-acid batteries for the automotive industry. In addition, lead is used to make bullets and some alloys.

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Quotes of interbank currency market of Ukraine (UAH for $1, in 01.12.2024-31.12.2024)

Quotes of interbank currency market of Ukraine (UAH for $1, in 01.12.2024-31.12.2024)

Source: Open4Business.com.ua