Business news from Ukraine

Business news from Ukraine

“Budtrans” to Hold Shareholders’ Meeting on April 30

According to Fixygen, Budtrans PJSC intends to hold a general meeting of shareholders on April 30, 2026. The company has posted the relevant notice of the meeting, as well as the accompanying documents for participation and voting, on its corporate website. Budtrans PJSC is registered in Kyiv, operates as a private joint-stock company, and, according to public registry data, was founded on November 13, 1998. The company’s authorized capital is 527,300 UAH. Alexander Grigorovich is listed as the company’s director.

The company’s primary activity listed in the state registry is the construction of residential and non-residential buildings. Additional areas of activity include freight trucking, real estate leasing and management, and the manufacture of metal doors and windows, as well as metal structures for construction.

According to Opendatabot, the largest shareholder with a significant stake is Alexander Grigorovich, who owns 75.4352% of the shares. In the registry information, the owners are also referred to as “shareholders according to the registry.”

According to data from public registries, in 2025, Budtrans PJSC’s revenue amounted to 7.17 million UAH, net profit to 141,500 UAH, and assets at year-end to 695,100 UAH. A year earlier, the company’s revenue was 4.94 million UAH, and net profit was 156,000 UAH.

https://www.fixygen.ua/news/20260418/budtrans-provede-zbori-aktsioneriv-30-kvitnya.html

 

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U.S. has extended sanctions exemption for Serbia’s NIS until mid-June

According to Serbian Economist, the U.S. has granted Serbia’s oil company NIS a new 60-day exemption from sanctions, allowing it to continue its operations at least until mid-June. Serbia’s Minister of Mining and Energy, Dubravka Jedović-Handanović, announced the license extension. This refers to an OFAC authorization that maintains NIS’s ability to import crude oil and reduces the risk of disruptions to the country’s oil refining infrastructure.

For Serbia, this decision has not only energy-related but also macroeconomic significance. NIS operates the country’s only oil refinery—in Pančevo—and therefore this latest license extension reduces risks for the domestic fuel market, logistics, and price stability.

Meanwhile, negotiations continue regarding the sale of Russia’s stake in NIS to Hungary’s MOL. According to Reuters, Washington has set a deadline of May 22 for the deal’s completion. Belgrade hopes that the change of government in Hungary will not derail the process, though a final agreement has not yet been formalized.

NIS’s ownership structure remains the key reason for sanctions pressure. According to the report, 45% of the company’s shares are owned by Gazprom Neft, another 11.3% are linked to Gazprom, while Serbia owns nearly 30%, with the remainder held by minority shareholders. It is precisely the withdrawal of Russian entities from NIS’s capital that the U.S. views as a condition for a sustainable resolution of the situation.

For the Serbian economy, the current delay means buying time, but not a final solution to the problem. Until the deal with MOL is closed, NIS and the country’s entire oil sector remain dependent on temporary licenses from Washington. This creates uncertainty for the energy market, the budget, and the investment climate, particularly regarding long-term planning for supplies and the modernization of refining.

https://t.me/relocationrs/2658

 

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“METRONOM” will host series of industry events in Kyiv, Lviv, Dnipro, and Odesa

A series of industry events titled “METRONOM” is launching in Ukraine, bringing together developers, architects, and urban planners to discuss the future of Ukrainian cities.

According to the organizers, the theme of the season is “Strategies for Urban Environment Development: Me, You, Society.”
A series of events is planned across various cities in Ukraine as part of the season. The first event will take place on April 23 in Kyiv at the “Osvitoria” venue.

The next event is scheduled for May 20 in Lviv; the venue is currently being finalized. Additionally, the BUDArena Expo—an exhibition and forum—will take place in Lviv on May 21–22.
Subsequent events in the series will be held on June 11 in Dnipro and July 1 in Odesa. Venues for these events will be announced at a later date.

The organizers also announced an expansion of the project’s geographic scope. Specifically, “METRONOM” events are planned for Uzhhorod and Rivne in the near future; dates and venues are currently being finalized.
The “METRONOM” event series is positioned as a professional platform for dialogue between participants in the development market, the architectural community, and urbanists regarding approaches to the development of the urban environment in Ukraine.

“Open4business” is the information partner for the events.

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Cage-free poultry farm has been launched in Lviv region

The Oliyar Group of Companies has launched a new line of business and opened a poultry farm in the Lviv region for the production of table eggs with a design capacity of 2.3 million birds, State Service for Food Safety and Consumer Protection head Serhiy Tkachuk announced on his Facebook page on Friday.

“For the company, poultry farming is a new venture. The project includes 20 poultry houses, a sorting facility, a packing facility, and a storage warehouse. At full capacity, the complex will produce more than 2 million eggs per day, which is of strategic importance for Ukraine’s food security,” the agency head noted following a visit to the facility together with Gerard Bakker, General Inspector of the Dutch NVWA.

According to Tkachuk, the first phase of construction has been completed at the facility, which already houses more than 100,000 birds. For comparison, he cited the example of the Netherlands, where a farm of this scale is considered a large-scale industrial facility.

A distinctive feature of the complex is the use of a cage-free, multi-tiered aviary housing system that complies with European animal welfare standards. The facility is equipped with automated systems for manure removal and egg transport.

“It is very important that the new business is immediately geared toward European requirements. This not only ensures the proper physiological condition of the birds and the quality of the products, but also opens the way to exports, strengthening Ukraine’s position in international markets,” Tkachuk emphasized.

He added that modern automation systems make it possible to minimize the human factor and carry out effective veterinary and sanitary control.

The “Oliyar” Group of Companies was founded in 2003 in the village of Stavchany (Lviv region). It specializes in the production of vegetable oils and meal, phospholipid concentrates, and fatty acids. Production facilities include plants for processing sunflower seeds at a capacity of 1,200 tons per day, rapeseed at 1,000 tons per day, and soybeans at 880 tons per day. The complex has a refining facility with a capacity of 350 tons of oil per day and a sunflower meal processing line with a capacity of 650 tons per day. A grain elevator with a capacity of 43,000 cubic meters is used to store raw materials.

Products under the “Mayola,” “Rodinna,” “Soniashna,” and “Oliyar” brands are exported to the EU, the Middle East, Africa, the U.S., and Canada. The company also provides private label manufacturing services for retail chains.

According to Opendatabot, the company’s net profit for 2025 decreased by 56% to UAH 268.19 million, while revenue grew by 33.8% to UAH 12.50 billion. Assets increased by 41% to 13.23 billion UAH, while liabilities nearly doubled to 7.24 billion UAH.

 

Spain Launches Emergency Legalization Program for Migrants; About 500,000 People May Be Eligible

Spanish authorities have launched an emergency administrative legalization process for migrants already in the country without regularized status. The Council of Ministers approved the relevant royal decree on April 14, and the application period began on April 16 and will run until June 30, 2026. The government estimates that the measure could potentially cover approximately 500,000 people.

According to official explanations from the Spanish authorities, foreigners who were in Spain before January 1, 2026, have lived in the country continuously for at least five months, and have no criminal record are eligible to participate. Certain applicants for international protection are also included in the scheme. The measure is framed as an emergency measure and, according to Madrid, is intended to simultaneously reduce the informal labor market and address part of the labor shortage amid an aging population.

The Spanish government explicitly links the decision to the economy. An official Moncloa memo states that regularization should facilitate the integration of migrants already in the country into the legal labor market and the social security system. Experts note that Pedro Sánchez’s cabinet is presenting this initiative as a response to demographic aging and labor shortages in a number of sectors.

The scale of migration in Spain is indeed very large at present. According to data from Spain’s National Institute of Statistics, as of January 1, 2025, the country had a population of 49.13 million, of whom 14.1% held foreign citizenship and 19.3% were born outside Spain. As of January 1, 2026, the number of residents born abroad exceeded 10 million for the first time.

Among the largest foreign groups in Spain by nationality as of January 1, 2025, Moroccans led the way with 968,999 people, followed by Colombians with 676,534 and Romanians with 609,270. The INE also notes that in 2024, the largest increases were among citizens of Colombia, Venezuela, and Morocco, while notable decreases were seen among those from Ukraine and the United Kingdom.

There are also separate official statistics regarding Ukrainians. Spain’s Ministry of Inclusion, Social Security, and Migration reported that the number of Ukrainian citizens with valid residence permits in the country exceeded 338,000 in December 2025. This is one of the largest national groups among holders of valid residence permits outside the EU system.

In practical terms, this new legalization could further strengthen Spain’s role as one of the few major EU countries that are attempting not only to curb migration but also to bring people already in the country into the legal framework. For the labor market, this means a potential expansion of formal employment, and for the real estate, retail, agriculture, care, and service sectors—an influx of workers and consumers. But at the same time, the burden on immigration offices will increase; employees of these agencies have already threatened to strike due to a lack of resources to handle the new wave of applications.

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Steel production in China fell by 6.3% in March

Steel production in China fell by 6.3% in March compared with the same month last year, to 87.04 million tonnes, according to the country’s National Bureau of Statistics. In the first quarter, steel production fell by 4.6% to 247.55 million tonnes.

Steel exports in March fell by 12.6% to 9.13 million tonnes, and by 9.9% over the three-month period to 24.71 million tonnes.

Pig iron output last month fell by 3.3% to 73.28 million tonnes. In January–March, it fell by 2.9% to 210.98 million tonnes.

Steel product output in March fell by 2.3% to 130.98 million tonnes, and by 1.7% in the first quarter to 351.44 million tonnes.

As reported, by the end of 2025, steel production in China had fallen by 4.4% to 960.81 million tonnes, the lowest level in seven years.

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