Business news from Ukraine

Business news from Ukraine

Bitcoin Rebounded After Dropping to $75,600 Earlier This Week — Fixygen Analysis

According to Fixygen, the cryptocurrency market is ending the week of September 14–18 with a moderate rebound following sharp volatility: Bitcoin has returned to around $78,000, Ethereum is holding above $2,500, although U.S. spot ETFs recorded net outflows, and the U.S. Federal Reserve raised interest rates for the first time in more than three years.

According to CoinGecko data as of September 18, Bitcoin is trading at approximately $78,100, Ethereum at $2,510, BNB at around $750, and XRP at around $1.33. The total market capitalization of the cryptocurrency market is approximately $2.77 trillion, with a daily trading volume of about $93 billion. Over the past seven days, Bitcoin has risen by about 1%, Ethereum by 1.2%, BNB by more than 5%, and XRP by approximately 1.5%.

The start of the week was significantly more volatile. On September 14, Bitcoin was trading around $78,200, but by September 15, it had fallen to approximately $75,600. The next day, prices remained near $76,100, after which the market began to recover through Friday.

One of the main factors putting pressure on the market was the decision by the U.S. Federal Reserve. On September 16, the Fed unanimously raised the target range for the federal funds rate by 25 basis points—to 3.75–4%. The U.S. central bank attributed the decision to persistently high inflation. This marked the Fed’s first rate hike since 2023.

An additional source of uncertainty for the crypto industry was the U.S. Senate vote on H.R. 3633, known as the CLARITY Act, which aims to establish a comprehensive regulatory framework for the digital asset market and delineate the respective authorities of the SEC and the CFTC. On September 15, a procedural vote to move the bill to the floor ended with 49 votes in favor and 50 against, while three-fifths of the Senate’s votes were required for passage.

Against this backdrop, institutional flows into cryptocurrency ETFs remained negative for most of the week. According to Farside Investors, over the four trading sessions from September 14–17, U.S. spot Bitcoin ETFs recorded a combined net outflow of approximately $427 million. Following an inflow of $159.9 million on Monday, investors withdrew $450.4 million on Tuesday and $295.9 million on Wednesday. On Thursday, the trend reversed, with a net inflow of $159.5 million. Data for Friday had not yet been compiled at the time this review was prepared.

The performance of Ethereum ETFs was even weaker. Over the same period, net outflows from U.S. spot Ethereum funds totaled approximately $284 million. On Monday, the funds attracted $121.1 million, but over the next three trading sessions, they lost $142 million, $224.1 million, and $39.3 million, respectively.

At the same time, at the end of the week, the crypto industry received a positive regulatory signal from the U.S. Securities and Exchange Commission (SEC). On September 17, the SEC introduced the so-called Innovation Exemption—a temporary five-year regime that, under certain conditions, allows for the trading of tokenized shares of U.S. companies via blockchain infrastructure and permissioned AMM pools. The SEC emphasized that tokenized shares must grant holders the same rights as the corresponding traditional securities.

The news boosted companies involved in digital assets and was one of the factors behind the recovery in market sentiment at the end of the week. In Friday’s trading, Coinbase shares rose by more than 3%, Strategy by about 4%, and Robinhood by 3.5%, while Bitcoin climbed back to the $78,000 range.

At the same time, the global macroeconomic backdrop remains challenging for risk assets. The yield on 10-year U.S. Treasury bonds exceeded 5% this week, and the price of Brent crude remained above $100 per barrel amid geopolitical tensions and risks to energy supplies. High oil prices exacerbate inflationary risks and may support a tighter monetary policy by central banks, which traditionally curbs demand for crypto assets.

Thus, according to Fixygen’s assessment, the main outcome of the week was the resilience of the largest cryptocurrencies in the face of a simultaneous deterioration in the monetary and regulatory environment. Bitcoin closed the previous week near $77,100 and, as of September 18, is trading above $78,000, while the crypto market’s total market capitalization rose from approximately $2.73 trillion to $2.77 trillion.

At the same time, negative outflows from ETFs indicate that the recovery has not yet been accompanied by a steady return of large institutional capital. Next week, the market will continue to be driven by expectations regarding the Fed’s next moves, trends in U.S. bonds and oil, inflows into cryptocurrency ETFs, and the future of legislation governing the structure of the U.S. cryptocurrency market.

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Truck Imports to Ukraine Fell by 1.1% Over Eight Months

Imports of trucks to Ukraine from January through August 2026 declined by 1.1% in monetary terms compared to the same period in 2025—to $627.5 million, according to statistics from the State Customs Service.

According to the published data, imports of these vehicles rose by 13.5% in August compared to August 2025, reaching $80.1 million.
As in the previous year, the largest number of trucks in January–August were imported from Poland, but imports from that country fell by 24%—to $98.8 million—and its share of total truck imports decreased to 15.74% from 20.5%.

Germany became the second-largest supplier of trucks to Ukraine, with exports totaling $88.4 million; in January–August 2025, it had not been among the top three suppliers.
Imports from Italy, which also was not among the top three truck suppliers a year ago, totaled $68.9 million (nearly 11%).

In January–August of last year, the top three truck suppliers were Poland, France, and the United States.
Imports of trucks from all other countries during this period increased by 20.5%—to $371.4 million.

At the same time, according to statistics, Ukraine exported only $2.17 million worth of trucks over the eight-month period, mostly to Turkey, while a year ago, exports totaled nearly $4 million—also primarily to Turkey.
As previously reported, in 2025, imports of trucks into Ukraine increased by 5.5% compared to 2024—to $999.5 million, with the largest volumes coming from France—$169.2 million (42.8% more than the year before last), Poland—$162.7 million (-14.7%), and the United States—$109 million (+2%).

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Chemical Companies Accounted for 21% of New Enforcement Proceedings Related to Wage Arrears in Ukraine

Large chemical companies were among those with the highest number of new enforcement proceedings related to wage arrears in Ukraine from January through August 2026, according to Experts.news.

According to OpenDataBot, 245 new enforcement proceedings have been opened against Sumykhimprom since the beginning of the year, and all of them remain active as of September.

A total of 213 enforcement proceedings have been registered against the Odesa Port Plant (OPP), of which 212 remain active.

Another 205 enforcement proceedings have been opened against “Karpatnaftohim,” and 191 against “Dniproazot.” All of these proceedings remained active as of the time the statistics were compiled.

At the same time, formally, the largest number of new proceedings over the eight-month period was registered against “Teplokomunenergo of the Oleksandriya City Council”—1,008—but all of them have already been closed.

“Svitlovodskbyt” ranked second in terms of the number of new cases—398 proceedings, of which only 11 remain active.

The statistics indicate a significant concentration of wage arrears in the chemical industry. In total, enterprises engaged in the production of chemical products accounted for 989 new enforcement proceedings in January–August, or 21% of the total number in Ukraine.

In total, over the first eight months of 2026, 4,621 new enforcement proceedings were initiated in the country to collect wage arrears.

Source: OpenDataBot, Unified Register of Debtors.

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Energy and Chemical Industries Accounted for More Than Half of New Wage Arrears in Ukraine

More than half of the new enforcement proceedings regarding wage arrears in Ukraine during the first eight months of 2026 were concentrated in just two sectors—electricity and gas supply, and chemical production.

According to OpenDataBot, 1,545 enforcement proceedings were initiated against companies in the electricity and gas supply sector from January through August, accounting for about one-third of all new cases involving wage arrears.

Another 989 proceedings, or 21%, were initiated against chemical manufacturers.

Thus, these two sectors together accounted for about 55% of all new enforcement proceedings related to wage arrears in the country.

The next sector by number of proceedings was the manufacture of other transportation equipment, with 263 cases. Machinery manufacturing companies accounted for 235 proceedings, and electrical equipment manufacturers for 191.

In total, 4,621 new enforcement proceedings regarding wage arrears were registered in Ukraine from January through August 2026, which is 16% fewer than a year earlier.

The high concentration of debt in the energy and chemical industries is linked, in particular, to the presence in these sectors of large enterprises with complex financial situations and significant accumulated debt to employees.

In particular, among the companies with a large number of new enforcement proceedings in 2026 are Sumykhimprom, the Odesa Port Plant, Karpatnaftochim, and Dniproazot.

Source: OpenDataBot, Unified Register of Debtors.

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VUSO Insurance Company Plans to Allocate 20 Mln Hryvnia for Dividend Payments

Shareholders of Insurance Company “VUSO” (Kyiv) plan to approve a resolution at a meeting scheduled for October 2 to allocate 20.013 million UAH from the balance of net retained earnings for 2025—totaling 259.7 million UAH—toward dividend payments.

As the company reported in the disclosure system of the National Securities and Stock Market Commission (NSSMC), the remaining portion of retained earnings for 2025, amounting to 239.7 million UAH, is planned to remain undistributed.

The meeting agenda states that dividends will be paid at a rate of 0.73 UAH per share. They will be paid in full directly to shareholders in accordance with the procedure established by law within six months from the date the relevant resolution is adopted by the general meeting of shareholders.

As previously reported, the shareholders of VUSO Insurance Company, at a meeting on June 29, 2026, adopted a resolution to allocate 20.013 million UAH from the net undistributed profit for 2025 toward dividend payments. Previously, at meetings held from December 4 to 9, 2025, as well as on March 25, 2026, they adopted a resolution to allocate UAH 20.013 million from the confirmed retained earnings for 2024 toward dividend payments.

VUSO Insurance Company was founded in 2001. It is a member of the Motor Transport Insurance Bureau of Ukraine (MTIBU) and the Ukrainian Insurance Federation (UIF), as well as a member of the Nuclear Insurance Pool.
The company’s gross premiums for 2025 totaled 5.136 billion UAH, which is 48.36% more than in 2024; net premiums grew by 47.92% to 4.593 billion UAH, and net earned premiums increased by 48.74% to 4.071 billion UAH. Individuals accounted for 60.56% of gross premiums, while reinsurers accounted for 0.84%.

In 2025, VUSO Insurance Company paid out UAH 1.791 billion to its clients, which is 26.64% higher than the volume of insurance payments and reimbursements for 2024; the payout ratio decreased by 5.98 percentage points to 34.87%.
As of January 1, 2026, the insurer’s assets grew by 63.43% to 3.133 billion UAH, equity increased by 32.49% to 1.001 billion UAH, and liabilities rose by 83.57%, to 2.132 billion UAH, and cash and cash equivalents by 59.50%, to 1.210 billion UAH.

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Ukraine Could Increase Its Share of Global Sunflower Oil Exports to 31.3%

According to Experts.news, Ukraine could account for about 31.3% of global sunflower oil exports in the 2026/27 marketing year, according to calculations by Open4Business based on the September forecast from the U.S. Department of Agriculture (USDA).

According to the USDA Foreign Agricultural Service report Oilseeds: World Markets and Trade, published on September 11, 2026, Ukrainian sunflower oil exports are projected to reach 5 million metric tons, while global exports are expected to total 15.968 million metric tons.

Thus, nearly one in every three metric tons of sunflower oil supplied to the global market may be of Ukrainian origin.

In the previous 2025/26 marketing year, Ukraine exported approximately 4.036 million metric tons of sunflower oil out of total global exports of about 13.51 million metric tons. At that time, Ukraine’s share was about 29.9%. In the new season, this figure may increase by approximately 1.4 percentage points.

The USDA expects Ukraine to remain the world’s second-largest exporter of sunflower oil after Russia. Russian shipments are projected at 5.1 million metric tons, accounting for approximately 31.9% of global exports.

Together, Ukraine and Russia could supply about 10.1 million metric tons to foreign markets, or more than 63% of total global sunflower oil exports.

Argentina will remain the third-largest exporter, with projected shipments of about 2.05 million metric tons, accounting for approximately 12.8% of global trade. Turkey is expected to export about 1.1 million metric tons, and the European Union—about 850,000 metric tons.

The growth in Ukrainian exports will be driven by a recovery in the sunflower harvest and increased capacity utilization at processing plants. The USDA forecasts sunflower seed production in Ukraine for the 2026/27 marketing year at 13 million metric tons, compared to 10.7 million metric tons in the previous season.

Sunflower oil production, according to the agency’s estimates, will increase to 5.418 million metric tons from 4.515 million metric tons in the 2025/26 marketing year, or by approximately 20%.

At the same time, domestic consumption of sunflower oil in Ukraine is expected to reach about 470,000 metric tons, so the bulk of the additional production will be directed toward exports.

Overall, the USDA forecasts global sunflower oil exports to grow by approximately 18%—from 13.51 million metric tons in the previous season to 15.968 million metric tons in the 2026/27 marketing year.

The increase in supply will largely be driven by a recovery in production in the Black Sea region, primarily in Ukraine and Russia. At the same time, imports are expected to rise from the largest consumers of vegetable oils, notably India and China.

Ukraine traditionally remains one of the world’s largest producers and exporters of sunflower oil. A distinctive feature of the Ukrainian industry is the high proportion of domestic seed processing, which means that exports consist primarily of higher-value-added products—oil and meal—rather than raw materials.

Source: USDA Foreign Agricultural Service, Oilseeds: World Markets and Trade, September 11, 2026: official USDA report.

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