Business news from Ukraine

Business news from Ukraine

Kernel Agricultural Holding Increased Oil Processing and Sales in Third Quarter

Kernel, one of Ukraine’s largest agricultural holdings, increased oilseed processing by 17% in the third quarter of fiscal year 2026 (FY, January–March 2026) compared to the same period last year—to 986,000 tons, the company reported in its operating report.

“Kernel processed 986,000 tons of oilseeds during January–March 2026, which is 17% more than in the previous year, thanks to improved availability and procurement of sunflower seeds on the domestic market, while remaining generally stable compared to the previous quarter. Sunflower seeds accounted for the majority of the processing volume, while soybeans and rapeseed contributed to the overall utilization at the group’s oil processing plants,” the document states.

According to the report, sales of edible oil during the reporting period increased by 7% and reached 373,000 tons, which correlates with processing trends. Bottled sunflower oil accounted for 19,000 tons of total sales.

The volume of grain stored in elevators (silos) in January–March amounted to 511,000 tons. According to the agricultural holding, this result reflects the protracted harvest campaign in Ukraine, as well as an increase in the volume of products received from third-party suppliers. Cumulatively, over the first nine months of the 2026 financial year, this figure reached 4 million tons.

Kernel emphasized that the 50% year-over-year growth in procurement is due to a change in crop structure: the share of corn in the 2025 harvest rose to 48% compared to 24% in the previous season.

Grain exports from Ukraine in the third quarter of the fiscal year totaled 1.5 million tons, effectively maintaining the level of the previous quarter. Restraining factors included slow sales by farmers, power shortages, and rising logistics costs.

At the same time, transshipment through the group’s export terminals increased by 4% compared to the previous fiscal year and by 6% compared to the previous quarter, reaching 2.6 million tons. Grain accounted for 73% of total cargo handling, oils for 14%, and meal for the remainder.

” “In total, terminal throughput for the first nine months of fiscal year 2026 amounted to 6.9 million tons, which is 6% less than in the previous year, amid operational disruptions caused by intensified attacks on Black Sea ports and adverse weather conditions,” the agricultural holding concluded.

Kernel Agricultural Holding is the world’s largest producer and exporter of sunflower oil, Ukraine’s largest grain exporter, an operator of an extensive network of logistics assets, and a leading producer of grains and oilseeds in Ukraine. It is one of the largest producers and sellers of bottled oil in Ukraine. It is engaged in the cultivation and sale of agricultural products.

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“Bila Tserkva Canning Plant” to Hold a Shareholders’ Meeting on April 30

According to Fixygen, PJSC “Bila Tserkva Canning Plant” plans to hold a general meeting of shareholders on April 30.

The company is registered in Bila Tserkva, Kyiv Oblast, and operates in the food industry. According to public records, the company was founded on June 23, 1994, with a registered capital of UAH 36,575, and is headed by Anatoliy Kryat. Its primary activity is other types of processing and canning of fruits and vegetables. Additional areas of activity include the production of meat products, fruit and vegetable juices, and ready-made meals, as well as wholesale and retail trade in food products.

According to SMIDA data on major shareholders for the fourth quarter of 2025, 89.8644% of the shares in PJSC “Bila Tserkva Canning Plant” are owned by Anatoliy Kryat.

PJSC “Belotserkovsky Canning Plant” is a manufacturer of canned food products. According to Opendatabot, the company’s revenue in 2025 amounted to 118.444 million UAH.

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Zavalovsky Graphite Plant to Hold Shareholders’ Meeting on April 30

According to Fixygen, Zavalivsky Graphite Plant PJSC intends to hold a general shareholders’ meeting on April 30, 2026. The company published a notice convening the meeting on March 30, and materials for shareholders regarding the annual meeting have been posted on the issuer’s corporate website.

The company is registered as Zavalivsky Graphite Plant PJSC and is located in the town of Zavalle, Kirovohrad Oblast. According to public registries, the company was founded on October 26, 1994; its authorized capital is UAH 285,882 thousand, and its CEO is Igor Semko. The company’s primary activity is the extraction of other minerals and quarrying.

According to SMIDA data on major shareholders for the fourth quarter of 2025, 78.9472% of the plant’s shares are owned by LLC “Graphitinvest.”

Zavalovsky Graphite Plant PJSC is a key enterprise in the Ukrainian graphite industry; in its annual disclosure, the company explicitly stated that it has no competition in Ukraine and is a monopolist in this market. The plant specializes in the extraction and processing of graphite ore.

According to Opendatabot, in 2025, the company’s revenue amounted to 8.614 million UAH, its net loss was 1.541 million UAH, and its assets totaled 71.195 million UAH. For comparison, in 2024, the plant’s revenue was 7.135 million UAH, and its net loss was 2.278 million UAH.

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Revenue for Ukraine’s leading IT companies starts at 2.69 bln UAH

Who made it into the top ten of the OpenDataBot Index 2026?

The total revenue of the top IT companies in the OpenDataBot Index 2026 amounted to 54.67 billion UAH. This is 3% less than the total revenue of the leading companies in 2025. The “entry ticket” to the top 10 companies is 2.69 billion UAH. The top three remained unchanged, but four new companies joined the list.

The top ten IT companies on the OpenDataBot Index 2026 generated 54.67 billion UAH in revenue. This is 3% less than the previous year. Despite this, the “entry threshold” for the top 10 remained virtually unchanged: while it was 2.6 billion UAH in 2025, it was 2.69 billion UAH in 2026.

The top three remained unchanged. First place is traditionally held by GlobalLogic Ukraine (GlobalLogic). Last year, the company lost 7% of its revenue but managed to increase its profit by 15%—to 748 million UAH. The company emphasizes that business stability is supported, in particular, by systematic social responsibility.

“Over 5,500 Ukrainian engineers at GlobalLogic are maintaining pre-war productivity levels while working on more than 500 international projects. Over the past year, the company has attracted 50 new clients, which supports business stability. At the same time, about 400 employees serve in the Armed Forces of Ukraine, and the company systematically supports charitable initiatives. “In particular, we recently doubled the team’s donation to Superhumans—contributing a total of 1.5 million UAH, which will fund prosthetics for three veterans. At the same time, GlobalLogic is developing veteran programs to help specialists return to work,” notes Anna Shcherbakova, Head of Operations, GlobalLogic Ukraine & EMEA.

Second and third places were shared by companies in the Epam group. Epam Systems saw its revenue decline by 10% to 10.22 billion UAH, while Epam Digital, on the contrary, grew to 9.24 billion UAH. Together, they generated UAH 19.46 billion in revenue—36% of the top ten’s total. At the same time, the combined profit of the two companies fell to UAH 1.78 billion.

Luxoft Solutions has held the fourth position for the third consecutive year. The company’s revenue also decreased by 11% to UAH 4.85 billion, while profit fell by 16% to UAH 220 million.

The company Kilobyte1024 is a newcomer to the ranking, immediately breaking into fifth place. The company’s revenue doubled to 4.41 billion UAH, and its profit reached a record 2.49 billion UAH for the top ten. In fact, the company replaced Fintech Band in the ranking—a business owned by the same founders, Oleg Gorokhovsky and Mykhailo Rogalsky, which lost more than half of its revenue over the year. The company attributes this success to three factors: steady business growth, international investments, and the implementation of AI.

“Kilobyte1024, part of the Fintech-IT Group, not only attracts international investments but also transforms them into stable financial results and long-term capitalization.

Our particular focus is on investing in artificial intelligence as the infrastructure of the future: from product automation to improving team efficiency. It is the combination of investment, technological depth, and a consistent approach that allows us to grow even in unstable conditions,” notes Kilobyte1024.

Another notable update occurred within the SoftServe group. Two new companies appeared in the ranking at once—SoftServe Digital and SoftServe Matrix. The former took sixth place, increasing revenue 1.7-fold to 3.75 billion UAH and achieving 100 times higher profit—214 million UAH.

Founded in 2024, SoftServe Matrix generated UAH 2.85 billion in revenue and increased its profit by 2.8 times—to UAH 143 million. Meanwhile, another company in the group, SoftServe Technologies, dropped out of the ranking. In total, the two SoftServe companies accounted for 12% of the Index’s total revenue.

The seventh position was taken by Tietoevry Create Ukraine, formerly known as Infopulse Ukraine. The company’s revenue decreased by 2% to 3.01 billion UAH. However, the company’s profit increased by 17% to 389 million UAH.

Intellias fell from fifth to ninth place, having lost nearly a third of its revenue and generating UAH 2.77 billion in 2025. The company’s profit also more than halved to UAH 136 million.

The tenth position is held by another newcomer to the ranking—Capgemini Ukraine, founded in March 2024. In just one year of operation, the company showed the largest revenue growth among the leaders: a 2.5-fold increase to 2.69 billion UAH. The company’s profit increased by 5% to 282.5 million UAH.

In addition to the previously mentioned SoftServe Technologies and Fintech Band, two more companies left the Index—Highload Solutions (Favbet) and SQUAD Ukraine (SQUAD), which also saw a decline in revenue.

Within a month of the index’s creation, some companies discovered errors in their financial statements and submitted revised data. As a result, TERRA-E-SOFT left the ranking, while Kapgemini moved into the top ten.

https://opendatabot.ua/analytics/index-it-2026

Breast Weekend 3.0 in Uzhhorod Brought Together Medical Specialists from Europe

The international medical conference Breast Weekend 3.0 took place in Uzhhorod, focusing on modern approaches in breast surgery—including aesthetic plastic surgery, reconstructive surgery, and breast oncology.

The conference was opened by Uzhhorod Mayor Bohdan Andriyiv, who emphasized the importance of such events for the development of the city and region as a modern medical and professional hub.

The conference brought together Ukrainian and international specialists and served as a platform for interdisciplinary discussion of modern treatment methods, recovery, and aesthetic outcomes in patient care.

According to the organizers, a key feature of the event is the combination of oncological, reconstructive, and aesthetic approaches, which aligns with current global practice.

“Today, breast cancer treatment is a team effort. Oncology, reconstructive, and aesthetic surgery cannot exist in isolation. It is their combination that allows us to achieve the best results for the patient—both medical and aesthetic,” said the conference’s main organizer and founder of the Lita Plus clinic, Serhiy Derbak.

This year, the conference featured international speakers from the Czech Republic, Germany, and Moldova, who traveled to Ukraine to exchange clinical experience and discuss modern approaches in breast surgery.

According to the organizers, the participation of European experts is a crucial component of the industry’s development, as it allows for the integration of Ukrainian experience into an international context and the formation of a shared professional environment.

The conference program devoted special attention to new trends in breast surgery. In particular, plastic surgeon Oleksandr Karpinsky presented the concept of “tissue preservation”—an approach that involves preserving tissues and utilizing natural anatomical structures during surgery.

“Today we are living in a period of changing philosophy in plastic surgery. The current trend is minimal trauma. We work with anatomy while preserving tissues, which allows us to significantly shorten the recovery period and at the same time achieve stable results. This is a new stage in the development of breast surgery,” — noted Karpinsky.

According to him, this approach is already actively used abroad in aesthetic surgery and will shape the development of the field in the coming years.

Uzhhorod Mayor Bohdan Andriyiv emphasized the importance of hosting international medical events for the region’s development.

“Hosting such conferences is a key factor in the development of the city and the region. It fosters a professional environment, attracts international partners, and shapes Uzhhorod’s image as a platform for medical advancement and professional exchange,” he noted.

The conference was held with the support of the Ukrainian Association of Plastic, Reconstructive, and Dermatological Aesthetic Surgery and Oncoplastic Mammology (UPRADAS) and included a charitable component—a portion of the proceeds was directed toward supporting the Armed Forces of Ukraine.

The organizers note that Breast Weekend 3.0 marked another step in building a professional community that advances modern approaches to breast surgery and interdisciplinary collaboration in Ukraine.

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Ukrainian citizens did not make top three foreign homebuyers in Turkey in March

Home sales to foreigners in Turkey in March 2026 fell by 20% year-over-year to 1,353 units, with Ukrainian citizens failing to make the top three list of foreign buyers. This is according to March statistics from the Turkish Statistical Institute (TÜİK).

According to March data, Russian citizens took first place among foreign buyers, purchasing 229 properties. Iranian citizens came in second with 130 transactions, and Iraqi citizens came in third with 84 purchases.

Previously, Ukrainian citizens had consistently been among the largest foreign buyers of housing in Turkey. As previously reported by the Open4Business portal, in January 2026, Ukrainians ranked third among foreign buyers, purchasing 77 properties, trailing only Russian citizens with 219 purchases and Iranian citizens with 118. For the full year 2025, Ukraine also ranked third: Ukrainian citizens purchased 1,541 residential properties in Turkey, while Russians bought 3,649 properties and Iranians 1,878.

Overall, the Turkish housing market showed mixed trends in March. The total number of housing sales in the country decreased by 2.1% compared to March 2025, to 113,367 units. At the same time, mortgage sales rose by 35.9%, to 25,978, and new home sales increased by 1.3%, to 35,725.
Istanbul, Ankara, and Izmir remained the largest markets by number of transactions in March. Istanbul accounted for 21,665 sales, Ankara for 10,236, and Izmir for 7,278.

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