Business news from Ukraine

Business news from Ukraine

Polish president signs law extending aid to Ukrainians until March 4, 2026

Polish President Karol Nawrocki has signed a law on “aid to Ukrainian citizens” aimed at regulating the future status of Ukrainians living in Poland, his office said.

According to the head of the president’s office, Zbigniew Bogucki, this law is the “last” in the framework of special assistance to Ukrainians. It extends the legal stay of Ukrainian citizens who have fled the war until March 4, 2026, and links the right to receive social assistance to criteria such as employment or children’s education in Polish schools.

“The decisions laid down in this law effectively put an end to tourism from Ukraine at the expense of Polish taxpayers,” Bogucki said at a press conference. He stressed that with the adoption of the law, Poland intends to “move to normal conditions” by applying the same rules to Ukrainian citizens as to other foreigners residing in the republic.

The main provisions of the law

• Extension of the period of legal stay in Poland under temporary protection status until March 4, 2026.

• Restriction of access to benefits: payments will depend on the availability of work or education for children. Exceptions are provided for parents of children with disabilities.

• Strengthening control over the use of the “special assistance” mechanism and clarifying the legal status of Ukrainians in Poland.

• The desire to reform the assistance system so that it eventually approaches a standard migration system.

Lawmakers in the president’s office say that further continuation of this scheme is impossible, and now Ukraine and Poland must move towards more sustainable regulation of the stay, employment, and integration of Ukrainians.

According to media reports, there are at least 1.5 million Ukrainian citizens in Poland in 2025.

Source: http://relocation.com.ua/polish-president-signs-law-extending-aid-to-ukrainians-until-march-4-2026/

 

, ,

Ministry of Economy of Ukraine plans to resolve issue of soybean and rapeseed exports

A mechanism for confirming exporters as commodity producers, which will allow them to avoid paying the recently introduced 10% duty on exports of soybeans and rapeseed, should be in place by the end of next week, said Deputy Minister of Economy, Environment, and Agriculture of Ukraine Denys Bashlyk.

“It will be as convenient as possible, the software is already 90% ready. The Cabinet of Ministers will make a decision next week,” he said at the Forbes Agro conference in Kyiv on Friday.
Bashlyk noted that there are currently situations where producers export and are forced to pay duties because there is no such confirmation mechanism.

According to him, the confirmation mechanism is planned to be implemented through the state agricultural register so that it does not take too much time, does not require “a million references” and the need to confirm each batch.
As for the duties already paid by commodity producers, the government is preparing amendments to the law on the state budget for 2025, which will allow the return of duties already paid, the deputy minister said.

In general, he noted that the Ministry of Economy is against the abolition of the 10% duty on exports of soybeans and rapeseed.
“We understand the risks that farmers may face, but it should be noted that there is another side to this story — the creation of a separate fund to which the paid duties will be transferred. And so, should the abolition of these so-called soybean amendments be on the agenda today? No, it should not,” Bashlyk said.

Farmers at the Forbes Agro conference criticized the introduction of this duty because, in their opinion, processors at the beginning of the war, due to logistics problems, received high profits at the expense of agricultural producers, and now processing does not require such privileges and should pay the market price for raw materials, competing with importers. According to the speakers, these duties will result in a reduction in rapeseed and soybean crops and a deterioration in crop rotation.

The head of Ukraine’s largest oil producer, Kernel, Yevgen Osipov, canceled his planned interview at the conference, and the founding editor of Forbes Ukraine, Volodymyr Fedorin, who was supposed to conduct the interview, said that Osipov did not like the publication’s article criticizing the duty.

As reported, Law No. 13157, signed by the president on September 2, stipulates that agricultural producers and cooperatives that export their own products will be exempt from paying duties. However, due to the lack of clear rules for documentary confirmation of the origin of goods, the mechanism does not actually work, and the export of oilseeds has been largely blocked.

A number of agricultural associations, including the All-Ukrainian Agrarian Council (VAR), the Ukrainian Agribusiness Club (UAC), the Ukrainian Grain Association (UGA), the Ukrainian Agrarian Confederation, as well as the European Business Association and the American Chamber of Commerce, have appealed to the Cabinet of Ministers and the Verkhovna Rada to repeal the law establishing a 10% duty on exports of soybeans and rapeseed as soon as possible.

On September 19, MP Yaroslav Zheleznyak (Voice faction) registered a corresponding bill No. 14055 on the repeal of the “soybean and rapeseed amendments.”

, , ,

Rainy weather across most of Ukraine starting Monday

On Sunday, September 28, Ukraine will remain dry, with only light rain in the northern part during the day and a predominantly northeasterly wind of 5-10 m/s, according to the Ukrainian Hydrometeorological Center.

The temperature in the west and north of the country will be 4-9°C at night and 9-14°C during the day, and 2-7°C at night and 13-18°C during the day in the rest of the country.
In Kyiv, there will be no precipitation on the night of September 28, with light rain during the day. The wind will be northeasterly, 5-10 m/s. The temperature at night will be 7-9°C; during the day 10-12°C.

According to data from the Boris Sreznevsky Central Geophysical Observatory, the highest daytime temperature in Kyiv on September 28 was 29.3°C in 1927, and the lowest nighttime temperature was -1.2°C in 1906.
On Monday, September 29, rain is expected in the western, northern, and southern regions, as well as in Vinnytsia and Cherkasy regions, with no precipitation in the rest of the country. The wind will be predominantly easterly, 5-10 m/s.

The nighttime temperature will be 4-9°C; during the day in the west and north of the country, it will be 9-14°C, and in the rest of the territory, 13-18°C. In the highlands of the Carpathians, there will be wet snow; the nighttime temperature will be around 0°C, and during the day, 1-5°C.

In Kyiv on September 29, there will be rain, with an easterly wind of 5-10 m/s, nighttime temperatures of 7-9°C, and daytime temperatures of 10-12°C.

South Ukrainian City Council supported construction of complex for manufacture of fuel assemblies

The Yuzhnoukrainsk City Council unanimously supported the project of the National Nuclear Energy Generating Company Energoatom to build a technological complex for the manufacture of fuel assemblies, the company said, citing the decision.

The new production facility will be located in the Yuzhnoukrainsk community. According to Energoatom, the project is of strategic importance for Ukraine’s energy security and provides for:
strengthening the country’s energy independence;
reducing dependence on nuclear fuel imports;
stimulating economic development in the region and creating new jobs.
The company emphasized that the implementation of production will ensure the domestic manufacture of nuclear fuel components for Ukrainian reactors and will become part of the country’s long-term nuclear energy development strategy.
The launch of the complex is also expected to contribute to the development of Yuzhnoukrainsk’s infrastructure and increase the region’s investment attractiveness.
In July 2025, Energoatom and the American company Westinghouse signed a memorandum on the transfer of nuclear fuel production technology to Ukraine. The cost of the first stage of cooperation was estimated at approximately $20 million.
Energoatom is Ukraine’s largest power generation company, providing more than 55% of the country’s electricity production. The company has four operating nuclear power plants (Zaporizhzhia, South Ukraine, Rivne, and Khmelnytskyi).

 

,

Hotel project market in Ukraine is awaiting “second wave of boom,” according to expert

If most hotel projects in Ukraine are completed in 2025–2026 and demonstrate financial stability, the market will see a “second wave of boom,” according to Apartel Resorts partner Yevgeny Kudryavchenko in an interview with Interfax-Ukraine.
“We saw the first boom in 2021-2022, but the war interrupted these processes. Now there is cautious growth, and if the facilities prove their effectiveness, there will be a new surge of interest and significantly more foreign investors,” he said.
Kudryavchenko emphasized that apart-hotels could become an important part of the infrastructure for future tourism and business travel in Ukraine.
Apartel resorts is a development company specializing in apart-hotel and hotel real estate projects in Ukraine.

 

,

Landmark week for crypto market – Fixygen review

Last week brought several landmark events to the crypto industry, reflecting both the growth of the sector and the tightening of regulation.

China

  • The PRC Banking Regulatory Commission has unofficially instructed brokers in Hong Kong to suspend business in the field of RWA (tokenized real assets).
  • The decision was explained by the need to control risks and verify the real business basis of projects.
  • Contrast: mainland China maintains a strict ban on cryptocurrency trading, while Hong Kong, on the contrary, positions itself as a hub for digital assets.

South Korea

  • Between January and August, 36,684 suspicious crypto transactions were recorded — more than in 2023-2024 combined.
  • 90% of violations are related to “hwangchigi” schemes (illegal currency transfers through offshore accounts).
  • Since 2021, prosecutors have been handed cases involving crypto crimes worth $7.1 billion.

UAE

  • The Ministry of Finance has signed the multilateral CARF (Crypto-Asset Reporting Framework) agreement on the automatic exchange of tax information.
  • The implementation of the regulation is planned for 2027, with the first data exchanges in 2028.
  • Public consultations involving exchanges, custodians, and wallet providers have already been launched.

Stablecoins

  • Companies in the sector have attracted $621.8 million in investments since the beginning of the year (7 times more than in the whole of 2024).
  • The record round was $300 million from Hong Kong’s OSL Group.
  • The capitalization of stablecoins has reached $297 billion, with a forecast of $1 trillion by 2028.
  • Market leaders Circle and Tether are facing competition: JPMorgan, Stripe, Bank of America, and Citigroup are preparing their own stablecoins.

Ukraine

  • The NBU accused the fintech service Trustee Plus of providing payment services without a license.
  • The company considers the claims to be partially unfounded, but the regulator requires restrictions on P2P transfers and settlements in euros.
  • Experts call the situation a “dangerous precedent” for the market, which already lacks a specific law on virtual assets.

The week was a landmark one for the crypto market: investments in stablecoins and new products from Wall Street strengthened institutional confidence, while regulatory initiatives in China, Korea, and Ukraine serve as a reminder of the high risks involved. In the coming months, the market will see a clash between two trends: large-scale institutional growth and increased government control.

Source: https://www.fixygen.ua/news/20250927/znakovaya-nedelya-dlya-kriptorynka-obzor-fixygen.html