Kyiv Electric Railcar Repair Plant JSC (KEVRZ), a subsidiary of Ukrzaliznytsia, reported a loss of 4.48 million UAH for January–June 2026, which is 4.2 times less than the loss recorded in the first half of 2025.
According to the company’s interim financial report published in the disclosure system of the National Securities and Stock Market Commission (NSSMC), its net revenue decreased by 8.8% to 631.73 million UAH.
The plant reduced its gross profit by 27.6% to 33.3 million UAH, generating 7.4 million UAH in operating profit compared to 24.6 million UAH last year.
The company notes that during the reporting period, it sold 19 refurbished electric locomotive sections for 546 million UAH, 61 wheel sets for 24.4 million UAH, and 230 traction motors and auxiliary units for 37.8 million UAH.
As previously reported, the plant ended the first quarter of this year with a loss of 20.2 million UAH, compared to a net profit of 0.48 million UAH for the same period in 2025, despite a 14.6% increase in net revenue to 250.5 million UAH.
KEVRZ was founded in 1868. It specializes in the major overhaul of electric trains for Ukrainian railways, the repair of components and assemblies, electric machines, electric motors, and wheel sets, as well as the manufacture of spare parts.
The plant ended 2025 with a net profit of 70.2 million UAH—4.4 times more than the previous year—and a 34.2% increase in net revenue to 1.703 billion UAH. It repaired 51 electric sections, 223 wheel sets, 538 traction motors, and auxiliary machines.
According to Dw.com, German law enforcement authorities detained a 33-year-old Ukrainian citizen suspected of gathering information about a defense contractor in Bavaria to prepare for possible sabotage.
As reported on August 6 by the Munich Public Prosecutor’s Office and the Bavarian State Criminal Police Office, the man was detained on August 2 in the federal state of Thuringia with the assistance of local police. The following day, a Munich district court issued an arrest warrant, after which the suspect was placed in a pretrial detention center in Bavaria.
According to the investigation, in June 2026, the man allegedly photographed the premises of a defense contractor in southern Germany and transmitted the images to his client. German law enforcement officials suspect that this material could have been used to prepare acts of sabotage.
The suspect is considered a so-called “low-level agent.” German security agencies use this term to describe individuals whom foreign intelligence services may recruit to carry out specific, straightforward tasks, such as photographing facilities, conducting surveillance, or gathering publicly available information.
The prosecutor’s office has not disclosed which country’s intelligence service may have recruited the man. The name of the defense contractor is also being withheld due to the ongoing investigation.
In Germany, suspicion of espionage aimed at preparing acts of sabotage carries criminal liability. The investigation is currently ongoing, and the detainee’s guilt has not been established by a court.
German security agencies have previously warned of an increase in attempts by foreign intelligence services to recruit operatives via social media and messaging apps. Defense companies, military facilities, and transportation and energy infrastructure were cited as potential targets of such operations. At the same time, law enforcement officials have not yet officially linked the new arrest to a specific country or other investigations.
According to The Serbian Economist, Mogren Beach in Budva, Montenegro, took first place in the European Beach Index 2026, compiled by experts from the British service Quotezone.co.uk. It outperformed beaches in Cyprus, Spain, Bulgaria, Greece, and other European countries thanks to its combination of warm sea, affordable prices, and proximity to the airport.
When compiling the index, analysts took into account the average water and air temperatures in July, the number of five-star reviews, the cost of a three-day hotel stay, the minimum price of draft beer, and the distance from the nearest airport. Points were awarded to beaches for each indicator, and the total score determined their final ranking.
The average water temperature near Mogren Beach in July is 25.5 degrees, and the average air temperature is 26.7 degrees. The researchers estimated the average cost of a three-day stay in the Budva area at 194.56 pounds sterling, and the minimum price of draft beer at 1.29 pounds. The distance to the nearest airport is about 22 km. At the time of data collection, the beach had 479 five-star reviews.
Second place went to Nissi Beach in Ayia Napa, Cyprus, which had topped the previous ranking. It outperforms Mogren in terms of temperature: the water here warms up to an average of 27.4 degrees, and the air to 28.9 degrees. However, a three-day stay is more expensive—approximately 318.85 pounds.
Playa de Maspalomas on the Spanish island of Gran Canaria came in third. The beach has garnered over 5,000 five-star reviews, but the average cost of a three-day stay reached 365.97 pounds. Fourth place went to Irakli Beach in Bulgaria, where the lowest price for beer among the ranking’s participants was recorded—0.88 pounds.
Rounding out the top ten were Elafonissi in Crete, Praia da Falésia in Portugal’s Algarve, Zlatni Rat on the Croatian island of Brač, and La Pelosa in Sardinia. Bournemouth Beach in England took ninth place, while Palombaggia in Corsica came in last.
Quotezone representative Helen Rolf noted that tourists are increasingly seeking destinations that combine pleasant weather, picturesque coastlines, and affordable vacation costs. According to the study’s authors, Montenegro was able to outrank more well-known resorts primarily due to relatively low costs and Mogren’s convenient location near Budva.
Data from Tripadvisor, Budget Your Trip, Numbeo, and climate and mapping services were used to calculate the index. Each country was represented by one popular beach, so the ranking reflects a comparison of a specific sample of ten destinations, rather than all of Europe’s beaches.
https://t.me/relocationrs/3395
Nazarii Volyansky has been appointed director of the “Kyiv Region Regional Development Agency” following a competitive selection process.
According to the Unified State Register, Volyansky has been listed as the agency’s director since July 20. The Agency’s director is appointed for a three-year term by decision of its supervisory board.
In his new position, Volyansky will focus on attracting investment and international technical assistance, developing strategic partnerships, supporting communities and businesses, and implementing projects for the recovery and economic development of Kyiv Oblast.
Volyansky has over 10 years of experience in the fields of international economics, attracting foreign direct investment, business-government relations, and strategic communications.
Since January 2025, he has served as director of government relations in Ukraine for the Polish energy group UNIMOT S.A. From 2024 to 2025, he headed the Ukrainian representative office of the Polish Union of Entrepreneurs and Employers (ZPP), where he focused on developing Ukrainian-Polish economic cooperation, establishing business contacts, and supporting Ukrainian companies’ entry into the Polish and other European markets.
In 2023, Volyansky served as head of the Department of International Relations and Communications at UkraineInvest, the government agency responsible for attracting and supporting investment. From 2021 to 2023, he worked as director of corporate communications at the Ukrainian Chamber of Commerce and Industry.
He was also the creator and host of the television program “Exclusive with Nazar Volyansky” on the Rada TV channel, as well as an advisor to the leadership of the Ukrainian Nuclear Forum Association and the technology company FRDM Group. In October 2025, he was appointed Head of Development and Representative of the National Association of Lobbyists of Ukraine in Poland.
Volyansky earned a master’s degree in journalism from Ivan Franko National University of Lviv, studied international economics and economic relations at the Kyiv Institute of International Relations, and completed a training program for specialists in attracting foreign direct investment at the Møller Institute at the University of Cambridge.
The Kyiv Regional Development Agency was registered on June 12, 2018. Its founders were the Kyiv Regional State Administration, the Kyiv Regional Council, the Kyiv Regional Chamber of Commerce and Industry, the Bila Tserkva National Agrarian University, and the non-governmental organization “Society of Researchers of Ukraine.”
The Agency’s main objective is to promote the economic development of the Kyiv region and coordinate cooperation between investors, businesses, local communities, and government agencies. The Agency provides support for investment projects, assists with the registration of industrial parks, helps prepare grant applications, identifies suitable land plots and production facilities, and develops business models and community development strategies.
Among the Agency’s projects are the European GreenGov program for implementing environmental standards, the development of community development strategies for Kyiv Oblast, the “Power of Opportunities” entrepreneurship support program, the development of the region’s biogas industry, and projects to expand rehabilitation assistance.
AGENCY, Appointment, INVESTMENT, Kyiv Oblast, REHABILITATION
The High Anti-Corruption Court of Ukraine (HACC) has ordered a preventive measure in the form of 6 million hryvnia in bail for Olga Stefanyishyna, the former Deputy Prime Minister for European Integration and former Ambassador to the U.S., who is suspected of illicit enrichment.
“A preventive measure in the form of bail set at 6 million hryvnias has been imposed on the suspect,” the HACC told the Interfax-Ukraine news agency on Thursday.
“Suspilne” reported on its Telegram channel that the suspect is also required to appear when summoned by NABU investigators, report any change of residence, and refrain from communicating with witnesses in the case.
“Stefanyishyna is suspected of illicit enrichment and making false declarations. According to investigators, she failed to declare two apartments in Kyiv, expenses for their renovation, housing rent, use of a Mercedes-Benz, as well as payments for plane tickets and her mother’s medical treatment,” the “Suspilne” report states.
According to Radio Svoboda, the prosecutor’s office requested that Stefanyishyna be granted bail in the amount of 13.3 million hryvnias.
Earlier on Wednesday, the Anti-Corruption Action Center (ACAC) reported that NABU and the Specialized Anti-Corruption Prosecutor’s Office (SAPO) had served Stefanyishyna with a new charge.
Subsequently, the ACC provided details regarding the charges against Stefanyishyna. “The case involves illegal enrichment. Specifically, the SAPO prosecutor cites instances of property purchases made by other individuals on the suspect’s behalf,” the statement reads.
According to the ACC, Stefanyishyna failed to declare two one-bedroom apartments, cash she spent on renovating the apartments, her mother’s medical treatment, airline tickets, and the rent for another apartment. She also failed to declare her use of a Mercedes registered to a subordinate.
The National Anti-Corruption Bureau and the Specialized Anti-Corruption Prosecutor’s Office have not issued an official statement on the matter.
After the information was made public, Stefanyishyna commented on the allegations of illicit enrichment, emphasizing that she had “publicly and in detail addressed the issue of real estate over a year ago” and that she “had nothing to hide.”
“Since the beginning of my tenure as ambassador, the media has periodically raised questions about procedural actions by certain law enforcement agencies in which my name is mentioned. I’ll be brief and to the point. Any procedural actions are part of the lawful work of the law enforcement system and do not constitute a finding of guilt. I view these events calmly and without undue emotion, and the fuss surrounding this story is more like a storm in a teacup. I commented publicly and in considerable detail on a significant portion of the issues appearing in the media—particularly those concerning real estate—over a year ago,” she wrote on Facebook.
In July, Ukrainian MP Oleksiy Goncharenko (European Solidarity faction) reported that the Specialized Anti-Corruption Prosecutor’s Office (SAPO) had opened a criminal case against Stefanyishyna. She is suspected of abuse of power or official position, resulting in serious consequences (Part 2 of Article 364 of the Criminal Code of Ukraine). The case was opened on June 11, 2025.
On June 4, “Ukrainska Pravda” published an investigation stating that the National Agency for Finding and Managing Assets (ARMA) had selected a company to manage the Trade Union House in Kyiv that may be linked to Stefanyishyna’s family, specifically her ex-husband. According to the investigation, this is already the fourth valuable asset that the same company has received.
Stefanyishyna stated that she is not involved in her ex-husband’s activities, complained about media pressure, and emphasized that she has no conflict of interest regarding ARMA. In turn, ARMA Chair Olena Duma stated that the individuals mentioned in the media have no ties to ARMA or to participants in the competitive selection procedures for managers of seized assets.
Source: https://t.me/suspilnenews/72866
Lev Kishakevich, a judge of the Grand Chamber of the Supreme Court, who was selected as Ukraine’s primary candidate for election as a judge of the International Criminal Court (ICC) following a competitive selection process, does not possess the required proficiency in the ICC’s working languages—French and English—according to an ICC document.
A report by the Advisory Committee on the Nomination of Judges, dated August 5, 2026, and posted on the ICC website, notes in particular that the Rome Statute requires candidates for judgeship to be fluent in the ICC’s working languages, and that the candidate from Ukraine does not speak French and does not possess the required level of English to perform the duties of a judge of the Court.
“The Committee regrets that the candidate’s language skills, as demonstrated during the interview, did not allow the Committee to properly assess his qualifications and suitability for the position in accordance with Article 36 of the Rome Statute,” the document states.
The Committee concluded that “the candidate does not meet the qualification requirements for appointment as a judge of the International Criminal Court.”
According to the ICC’s statement, the overall assessment of the candidate’s readiness for the position of judge was therefore incomplete due to the candidate’s language limitations.
“The Committee determined that the candidate’s language limitations would prevent him from making an immediate contribution to the work of the Court,” the document notes.
The “Interfax-Ukraine” news agency contacted the Supreme Court requesting comment on this situation.
On January 1, 2025, Ukraine officially became the 125th State Party to the Rome Statute of the ICC. Thus, in accordance with the Statute, Ukraine, like every State Party, may nominate one candidate to the ICC.
As reported by the Supreme Court, on April 8, 2026, the selection committee responsible for choosing Ukraine’s candidate for election as an ICC judge—based on the results of interviews with the candidates held on March 24–26—selected Ukraine’s primary candidate for election as an ICC judge. That candidate is Lev Kishakevich, a judge of the Grand Chamber of the Supreme Court.
Source: https://asp.icc-cpi.int/sites/default/files/asp_docs/Report%20ACN.05Aug26.1000.pdf
https://asp.icc-cpi.int/sessions/documentation/25th-session#documentation
