Business news from Ukraine

Business news from Ukraine

Montenegro has welcomed group of Ukrainian children who lost their parents in war

According to Serbian Economist, Ulcinj, Montenegro, has welcomed a group of Ukrainian children who lost one or both parents as a result of the war. As reported by Montenegro’s Ministry of Human Rights and Minorities, an eight-day vacation with additional activities and optional excursions was organized for 40 Ukrainian children and the teachers accompanying them.

According to the ministry, the program was implemented in cooperation with the Ukrainian Embassy in Montenegro, the Municipality of Ulcinj, and the Ulcinj Tourism Organization. The children were shown the city, its natural landmarks, and historical sites, and walks in the surrounding areas were organized.

For Montenegro, such initiatives have not only humanitarian but also socio-political significance. Since 2022, Montenegro has remained one of the most welcoming countries for Ukrainians relative to its own population, and supporting children affected by the war reinforces Montenegro’s image as one of Ukraine’s most committed partners in the Balkans.

According to UN data, more than 200,000 Ukrainian citizens have entered the country since the start of the war, although a significant portion subsequently moved on. Currently, according to various estimates, at least 10,000 Ukrainian citizens reside in Montenegro. This makes Montenegro an important humanitarian and social hub for Ukrainians in the Adriatic region, despite the country’s relatively small size.

https://t.me/relocationrs/2677

 

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Finland Plans to Amend Its Citizenship Law

The Finnish government has submitted a bill to parliament that would introduce a mandatory citizenship test for applicants for a Finnish passport. The test is intended to assess knowledge of Finnish society, its structure, and key principles, and if approved by parliament, the new rules are scheduled to take effect in early 2027.

As clarified by the Finnish Ministry of the Interior, the exam will be part of a broader reform of the citizenship law, aimed at tightening naturalization requirements and placing greater emphasis on integration, employment, and adherence to the norms of Finnish society. The test will be available in Finnish or Swedish.

The reform continues the current government’s phased approach to tightening migration policy. Finland had previously increased requirements regarding length of residence, income, and compliance with the law for citizenship applicants, and has now decided to add a separate test of civic knowledge.

This discussion is of particular importance for Finland’s labor market and migration environment, as the country remains significantly more dependent on external population inflows than it was just a few years ago. According to Statistics Finland, the country’s population stood at 5,652,881 by the end of 2025, and population growth in recent years has been largely driven by migration. In 2025, 50,060 people arrived in Finland, and net migration stood at 34,852 people, fully offsetting the natural population decline.

Authorities are also noting an increase in the number of new citizens. According to the Finnish Immigration Service, 14,689 people received Finnish citizenship in 2025—a record high. Of these, 13,483 received citizenship upon application, and 1,206 through the notification procedure.

According to official data from Statistics Finland, 5.65 million people resided in Finland at the end of 2025, and the number of residents of foreign origin and foreign citizens continued to grow; specific databases from Statistics Finland provide a breakdown by citizenship and country of origin, and also show that the growth in recent years was largely due to the influx from Ukraine. Official releases from Statistics Finland explicitly noted that in 2023, the largest numbers of people arrived in Finland from Ukraine, Russia, Sri Lanka, and India.

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Paraguay has launched new program for obtaining permanent residency through investment

According to the Relocation project, the Paraguayan government has launched the new Paraguay Investor Pass program, which allows foreign investors to obtain permanent residency directly, without a prior temporary residency phase. According to the country’s official authorities, the program offers several investment options. To obtain permanent residency, foreigners can invest $150,000 in tourism projects or $200,000 in real estate or the Paraguayan stock market.

The program will be administered through the SUACE single-window system under the Ministry of Industry and Trade. Most of the procedure has been digitized, while in-person visits will be required primarily for obtaining an identity card.

The Paraguayan government expects that the new scheme will increase the country’s appeal to foreign capital and simplify the relocation of investors interested in launching or developing projects locally.

The government cites tax benefits for residents as an additional incentive. Specifically, the dividend tax rate for residents has been reduced from 15% to 8%.

According to official data, Paraguay issued 40,600 residence permits last year, with the majority going to Brazilian citizens. The government expects a further increase in the number of residency permits in 2026.

The new program may contribute to capital inflows primarily into tourism, real estate, and the financial sector, as well as increase foreign investors’ interest in Paraguay as one of the relatively affordable jurisdictions for obtaining permanent residency through investment.

https://relocation.com.ua/paraguay-has-launched-a-new-program-for-obtaining-permanent-residency-through-investment/

 

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Strategy purchased $2.54 bln worth of Bitcoin – largest purchase in two years

According to Fixygen, Strategy Inc., one of the largest corporate holders of Bitcoin, purchased $2.54 billion worth of the cryptocurrency last week, according to documents filed with the U.S. Securities and Exchange Commission (SEC). This marks the company’s largest weekly Bitcoin purchase volume since November 2024.

According to the disclosed information, the purchase was financed using funds raised by Strategy through a $2.18 billion placement of preferred shares, as well as common shares.

Amid this news, the price of Bitcoin rose 0.6% on Monday, reaching $75,136. Over the past month, the cryptocurrency has risen 6% in value.

At the same time, Strategy’s own shares fell 3% in pre-market trading in the U.S.

Strategy Inc. is an American software development company, formerly known as MicroStrategy. In recent years, it has become one of the most prominent public corporate investors in Bitcoin, making the purchase of cryptocurrency a key element of its financial strategy. The company regularly raises capital through stock and debt offerings to further expand its cryptocurrency reserves.

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“Odesavinprom” plans to hold shareholders’ meeting on April 30

According to Fixygen, PJSC “Odesavinprom” intends to hold a shareholders’ meeting on April 30, 2026. The company discloses corporate information on its own issuer website, where materials for shareholders and notices of material corporate actions are also posted. According to previously published corporate materials, in 2025, Odessavinprom’s shareholders had already made decisions regarding share issuances, and the supervisory board had amended the terms of the issuance. This indicates the company’s ongoing active corporate activity in recent years.

“Odesavinprom” is a producer of grape wines registered in the village of Rozyvka, Bilhorod-Dnistrovskyi District, Odesa Region. According to the issuer’s website, the company’s EDRPOU code is 00412027, and its contact address is 1a Pryvokzalna St., Rozyvka village.

According to the company’s materials regarding the share issuance, the director of the private joint-stock company is Anton Obrezha, and the largest shareholders with stakes exceeding 5% are listed as Vasyl Bratinov with 61.666056% of the shares and Ignat Bratinov with 24.864674%. The company’s authorized capital as of the date of the decision to issue shares was UAH 16.403 million.

According to Opendatabot, PJSC “Odesavinprom” reported revenue of UAH 490.641 million in 2025, with 55 employees, and the company’s founding date is listed as November 18, 2002.

https://www.fixygen.ua/news/20260421/odesavinprom-30-kvitnya-mae-namir-provesti-zbori-aktsioneriv.html

 

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“Tekhmash” Nearly Doubled Its Net Profit for 2025

JSC “Tekhmash Manufacturing Enterprise” (Dnipro) ended 2025 with a net profit of UAH 5.22 million, which is 1.9 times higher than the corresponding figure for 2024.

According to the company’s financial report published in the disclosure system of the National Securities and Stock Market Commission (NSSMC), its net revenue for the year decreased by 3.5% to UAH 215 million. Total exports amounted to UAH 24.1 million, notably to Poland and France.
Profit from the company’s operating activities increased by 49.5% to UAH 6.2 million, while gross profit rose by 18.2% to UAH 31 million.

Additionally, it was reported that the general meeting of shareholders on April 16 of this year decided to allocate a portion of retained earnings totaling UAH 5 million toward the payment of dividends for 2025 at a rate of UAH 16,667 per share (with a par value of UAH 8). Dividends will be paid by October 16, 2025.
As previously reported, in 2024 (as in 2023), “Tekhmash” also allocated UAH 5 million from retained earnings for dividends.

According to the report, retained earnings amounted to nearly UAH 67 million as of the beginning of 2026.
The company lists its largest customers as the Nizhnedniprovsky Pipe Rolling Plant—20% of supply volume, “Fastiv Organic Biotechnologies”—13%, “Biopharma Plasma”—10%, with the remaining 57% accounted for by customers with shares of less than 6%.

“Since the main consumers of the company’s works and services are enterprises in the metallurgical industry, its operations depend to a significant extent on the state of the metallurgical sector. “Challenges specific to this line of business include intense competition, rising material costs, and high prices for spare parts and energy resources,” the report states.

The main specialization of Techmash is the installation of process equipment and pipelines, as well as the manufacture of conveyors (scraper, belt, and screw), storage equipment, metal structures, and exhaust air ducts.

As of the fourth quarter of 2024, according to the NSSMC, 61% of the authorized capital of JSC “Techmash” belongs to its director, Oleksandr Kolomoets, while four other individuals collectively own 28% of the shares. The company’s authorized capital is UAH 2.4 million.
As of early 2026, the company employed 193 people.

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