Business news from Ukraine

Business news from Ukraine

Tourist tax in Ukraine increased by 14.3% in January, reaching UAH 28.4 mln

Travelers in January 2026 paid UAH 28.4 million in tourist tax to local budgets, which exceeds the figure for the same period last year by 14.3%, according to the State Tax Service of Ukraine (STS).

According to a publication on the agency’s website on Monday, the largest amounts of tourist tax were received in the Lviv region — UAH 5.9 million, followed by the city of Kyiv and Ivano-Frankivsk region with the same figures — UAH 5.6 million each. The third position was taken by the Zakarpattia region — UAH 3 million.

The STS reminded that the tourist tax is paid by Ukrainian citizens, foreigners, and stateless persons as an advance payment before temporary accommodation in places of residence (hotels, hostels, guest houses).

Tax agents are business entities that provide temporary accommodation services (hotels, hostels, holiday homes, etc.), and they transfer the collected funds to the local budget. The list of such agents is published on the websites of local councils.

The rates of the tax are set by local councils for each day of stay at up to 0.5% of the minimum wage for Ukrainian citizens and up to 5% for foreigners.

Persons/children with disabilities, persons/children accompanying persons with disabilities of group I, and war veterans are exempt from paying the tourist tax.

Age-sex pyramid of the population of Ukraine for 2024 (thousand people)

Age-sex pyramid of the population of Ukraine for 2024 (thousand people)

Open4Business.com.ua

Ukraine reduced coke imports by 25.7% in January, to 68.7 thousand tons

In January this year, Ukraine reduced imports of coke and semi-coke in physical terms by 25.7% compared to the same period last year, to 68,696 from 92,501 thousand tons.

According to statistics released by the State Customs Service (SCS) on Tuesday, 57,848 tons of coke were imported in December 2025.

Coke imports in monetary terms fell by 21% in January 2026 to $23.620 million. Coke was imported from Poland (100% of supplies in monetary terms).

The country did not export coke last month.

As reported, in 2025, Ukraine increased imports of coke and semi-coke in physical terms by 5.9% compared to the previous year, to 700,650 thousand tons, and increased revenues by 1.4%, to $238.656 million. Coke was mainly imported from Poland (93.37% of supplies in monetary terms), Indonesia (4.01%), and the Czech Republic (2.59%).

In 2025, Ukraine exported three tons of coke worth $2,000 to Albania.

It was also reported that in January 2025, Metinvest suspended the operation of the Pokrovsk Coal Group due to changes in the situation on the front line, electricity shortages, and the deterioration of the security situation.

In 2024, Ukraine increased its imports of coke and semi-coke in physical terms by 2.01 times compared to 2023, to 661,487 thousand tons, importing it mainly from Poland (84.76% of supplies in monetary terms), Colombia (7.74%), and Hungary (2.69%). In monetary terms, imports increased by 81.9% to $235.475 million.

In 2024, the country exported 1,601 thousand tons of 84.76% coke worth $368 thousand to Moldova (99.18%) and Latvia (0.82%), while in January, March, October, and November 2024, there were no exports, whereas in 2023, they amounted to 3,383 tons worth $787 thousand.

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More than 21,000 foreign students from 127 countries are studying at Ukraine’s higher education institutions

As of January 1, 2026, 21,271 foreign students from 127 countries are studying at Ukraine’s higher education institutions, the Ministry of Education and Science reported, citing data from the Ukrainian State Center for International Education.

“The number of foreign students in Ukraine has, of course, decreased compared to the period before the full-scale invasion, but interest in obtaining higher education in Ukraine remains. Therefore, Ukrainian universities are actively developing new educational areas, adapting learning formats, and joining initiatives aimed at developing international education,” the ministry’s press service quoted the director of the Center, Olena Shapovalova, as saying.

In particular, according to the Center, in the 2025/2026 academic year foreign students are receiving education at 369 higher education institutions in Ukraine.

The largest numbers of foreign students study at the following universities: Kyiv National University of Technologies and Design, Admiral Makarov National University of Shipbuilding, Sumy National Agrarian University, Simon Kuznets Kharkiv National University of Economics, National Aerospace University “Kharkiv Aviation Institute,” National University of Life and Environmental Sciences of Ukraine, Private Higher Education Institution “International European University,” Private Higher Education Institution “University of Medicine and Social Sciences,” National Technical University “Kharkiv Polytechnic Institute,” and Zaporizhzhia State Medical and Pharmaceutical University.

It is noted that most foreign students study in Kyiv and Kharkiv regions, as well as in Sumy, Odesa, Mykolaiv, and Zaporizhzhia regions.

According to the report, citizens from 127 countries are studying at Ukraine’s higher education institutions. The largest numbers of students are from China (6,626), Azerbaijan (5,420), Georgia (1,478), India (924), Morocco (734), Turkey (644), Turkmenistan (568), Poland (504), Armenia (406), and the Russian Federation (390).

The most common fields of study are: “Finance, banking, insurance and the stock market,” “Food technologies,” “Management,” “Technology of production and processing of livestock products,” “Medicine,” “Physical culture and sports,” “Biotechnology and bioengineering,” “Air transport,” “Economics and international economic relations,” and “Computer engineering.”

Among other things, it is noted that as of January 1, 2026, 6,292 invitations to study were registered. The most were for applicants from China, Azerbaijan, Georgia, Turkmenistan, Morocco, Nigeria, Turkey, India, the United States, and Poland.

As reported, in 2025 Ukraine’s higher education institutions enrolled 5,475 foreign students, which is 534 more than in 2024 (4,941).

Deputy Minister of Education and Science Mykola Trofymenko expects that after the end of the war the number of foreign students in Ukraine could increase to 100,000.

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Weekly results for cryptocurrency market from Fixygen

According to Fixygen, the cryptocurrency market ended the working week of February 9-15 in consolidation mode after sharp movements at the beginning of the month: Bitcoin fell by approximately 1.7% over the period, from $70,127.9 on February 9 to $68,949.8 on February 15, with an intraday range of around $65,100-71,400.

Ethereum looked weaker: over the week, the price fell by about 4.6%—from $2,104.66 on February 9 to $2,007.02 on February 15. The weekly lows for ETH were around $1,899, indicating increased volatility in the altcoin segment.

Investor sentiment in the middle of the week was influenced by expectations of key US macro data and uncertainty about the trajectory of interest rates. Against this backdrop, Bitcoin quickly lost several percent on certain days, and crypto assets moved in tandem with risky segments of the stock market.

Interest in exchange-traded products remained a separate stabilizing factor: industry reviews noted inflows into iShares Bitcoin Trust (IBIT) and iShares Ethereum Trust (ETHA) even amid falling prices.

According to industry daily reports, at the beginning of the period under review, the overall market attempted to recover from the previous days’ decline, and capitalization returned to around $2.4 trillion, but it failed to consolidate its steady growth over the week.

Stark to open R&D center in Ukraine

European defense technology company Stark has announced the opening of an R&D center in Ukraine, according to a company statement. The center will occupy an area of 2,000 square meters and will be designed to accommodate more than 200 specialists who will work on research, development, integration of the company’s systems, training, and technical support.

Stark added that the introduction of such a center will allow the developed systems to move more quickly from design to production.
“Russia’s war against Ukraine has fundamentally changed the security landscape in Europe. Deterrence depends on defense innovation as well as sustainable production,” Maxim Cherkis, COO of STARK Ukraine, emphasized in the release.

In the future, the company plans to further scale both its research and technical presence in Ukraine.
In addition, Stark announced in a press release the opening of a new office in Greece.

Stark is a European defense technology company founded in 2024 and headquartered in Berlin. The team specializes in unmanned systems in various fields. STARK has offices in Germany, Ukraine, the UK, Sweden, and Greece. One of the company’s developments is the Virtus kamikaze drone, which can reach speeds of over 120 km/h before diving at 250 km/h to reach its target.

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