Business news from Ukraine

Business news from Ukraine

Transparency International published annual corruption perceptions ranking, Ukraine in 104th place

On February 10, 2026, Transparency International published the Corruption Perceptions Index (CPI) 2025—an annual ranking of perceptions of corruption in the public sector. In the new release, Ukraine received 36 points out of 100 and ranked 104th out of 182 countries and territories.

Ukraine’s score increased by 1 point compared to the previous edition of the index. In CPI 2024, Ukraine had 35 points and ranked 105th (that edition assessed 180 countries and territories).

The TI report notes that Ukraine belongs to the group of countries that are gradually “moving from the bottom of the ranking toward the middle” thanks to long-term efforts to build an anti-corruption infrastructure. At the same time, the document describes 2025 as difficult for Ukraine—against the backdrop of high-profile scandals in procurement and the defense sector, but with an important emphasis: the exposure of violations and bringing cases to verdicts indicates that the new anti-corruption architecture “is delivering results.”

Overall, CPI 2025 records a further deterioration of the global picture: the world average score fell to 42 points, and more than two thirds of countries scored below 50 points. Denmark once again received the highest score (89), and at the bottom of the list are Somalia and South Sudan (9 each).

The CPI measures not “actual corruption,” but perceptions of the level of corruption in the public sector, aggregating data from expert assessments and business surveys on a 0–100 scale.

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Intellectual property in Ukraine: development or degradation?

The current stage of economic development is characterized by the diffusion of innovations and the rapid development of systems for the protection and safeguarding of intellectual property (IP). A number of countries, such as China, Japan, and Korea, have become leading countries of the world because IP has become the main driving force of development. The development of IP in these countries occurred due to state decisions on the development of education and science and support for scientific research.

In Ukraine, the situation is different. Over the last 30 years, there has been a clear and systematic deindustrialization of the country, a decrease in funding for science, and an orientation of science not toward results, but toward “Scopus” publications, which leads to a decline in patent activity and the quality of patent proposals. Table 1 presents the dynamics of the receipt of applications for inventions and utility models during 2004–2023.

The analysis of inventive activity was carried out for the period from 2004, when the Civil Code of Ukraine entered into force, which annulled declarative patents without conducting a qualification examination, “short patents,” and expanded the list of utility models, which makes it impossible to compare inventive activity before and after 2004.

Having analyzed changes in patenting trends, one can see that starting from 2004 applicants, in order to minimize the costs of obtaining a patent, intensified the filing of applications for utility models, which reduced the number of applications for inventions and negatively affected the technical level of patents, since the registration of utility models is carried out without conducting a substantive examination. In 2008, their share in the total number of filed applications already reached 77% compared to 56% in 2004, with a decrease in the share of applications for inventions—from 44% to 23%.

The 2008–2009 crisis led to a slight decline in inventive activity in Ukraine. Starting from 2014, a negative trend was observed in the filing of applications for inventions and utility models, associated with the events of 2014.

A significant drop in inventive activity in 2020 is caused by a number of objective reasons. By Resolution of the Cabinet of Ministers of Ukraine dated 12.06.2019 No. 496, the amounts of fees for filing applications and other actions necessary to obtain protection documents were significantly increased. The entry into force of the Law of Ukraine dated 21.07.2020 No. 816 “On Amendments to Certain Legislative Acts of Ukraine Regarding the Reform of Patent Legislation,” which limited the list of objects protected as utility models, led to a sharp drop in the number of applications for utility models (by almost 38%). The COVID-19 pandemic also made its adjustments.

The highest rates of decline were observed in 2022 as a result of Russian military aggression. The number of applications for inventions decreased by almost 19%, and for utility models—almost by half compared to the previous year. And the number of international PCT patents of Ukraine in general has never over the last 30 years reached 200 per year, which corresponds to the patent activity of the 5th–6th university in the world. That is, inventors of Ukraine practically do not see prospects for commercialization of their ideas abroad or do not have funds for such patenting, which costs 5–15 thousand US dollars, and prefer national procedures for filing applications.

If we assess the situation as a whole, then in Ukraine over the years of independence it has not been possible to form a reliable system of IP protection. The main gaps in this sphere are quite clearly and balancedly outlined in the draft National Strategy for the Development of the IP Sphere in Ukraine for the period 2020–2025, which was successfully discussed at the parliamentary hearings “Building an Effective IP Protection System in Ukraine” on 16.12.2019. The final conclusion was formulated harshly: “As a result, IP in Ukraine is still not considered as one of the key factors in the economic, social and cultural development of the country.” But despite the successful discussion in parliament, the Strategy was never adopted. Now the Ukrainian National Office for Intellectual Property and Innovations (UANIPIO) has prepared a new draft Strategy, which will be submitted to the Ministry of Economy for further processing. One of the main reasons for the problems of invention is the lack of interest of state authorities in the development of domestic industry, science, and education. This is perfectly demonstrated (Table 2).

The share of expenditures on science in the gross domestic product (GDP), starting from 2010, has steadily decreased and in recent years has decreased to 0.33%, which is almost 15 times less than Israel’s funding of science, and taking into account the extremely low GDP, it is generally unacceptable. Without funding, the development of science is simply impossible.

The structure of capital investments in Ukraine (Table 3) shows an extremely low level of investment in intangible assets (IA) within 3.6–6.7% of the total amount of capital investments. If we take into account that for many years the share of capital investments in GDP up to 2022 did not exceed 15%, then the share of investments in IA does not exceed 0.8–1.0% of GDP, which does not correspond to global trends, according to which the total volume of investments in IA in 2023 reached 6.9 trillion US dollars, amounting to 2.9 trillion in 1995. Since 2008, the growth rate of investments in IA has been three times higher than the growth rate of investments in tangible assets. In 2023, investments in IA amounted to more than 16% of GDP in Sweden, the USA, and France.

Another problem in the development of science is the mismatch of the priorities of Ukraine’s scientific research with global ones, which follows from the analysis of IP. If we look at the state of our patenting, then in short—it is little and not the right thing. Approximately 3–5.5 thousand applications for patents for inventions and utility models are filed per year. Moreover, for 1 invention there are more than 3 utility models, which are absent in the legislation of a number of countries altogether. The world is patented mainly in the 5th technological paradigm (primarily information technologies) and partly in the 6th (nano- and biotechnologies), while Ukraine—in the 3rd (metallurgy, chemistry) and 4th (machine building). This indicates that the state cannot clearly formulate these priorities and make science adhere to them, and also the unwillingness of scientific institutions (SIs) and HEIs, within the framework of autonomy in choosing the directions of scientific research, to change topics. As we researched 50 years ago, so we do now. Numerous changes and reorganizations of state institutions that dealt with Ukraine’s IP also did not contribute to the development of the IP sphere.

The main sources of patenting in Ukraine are HEIs and SIs, whose share of applications in 2023 amounted to about 90%. The share of applications for inventions and utility models from industry decreased from 4.0% in 2019 to 3.0% in 2023. It is clear that this is the result of the destruction of branch and factory science, which always provided the largest number of patents. Unlike Ukraine, the main applicants for patents in the world are corporations and HEIs.

The situation with the sale of IP objects is simply catastrophic. The number of license agreements on the transfer of IP rights as of 01.01.2024, in respect of which information on the transfer of IP rights and the issuance of licenses has been entered into state registers, amounts to 4,085; of these, 87.3% are trademarks and only 3.6% are inventions. In 2022–2024, 251 license agreements for inventions and 240 for utility models were concluded. That is, Ukrainian inventions and utility models are really needed by very few people, which indicates huge problems in the development of Ukrainian science and the practical absence of real results of scientific research that can be commercialized. Thus, contrary to modern trends in the development of international technology transfer, in Ukraine it is practically absent.

It is worth noting that in recent years effective use of startups has been spreading in the world. And despite military actions, a prolonged crisis, and other things, Ukrainians are developing successful startups. From 2020 to 2022, the value of Ukrainian startups increased 3.3 times and reached 23.3 billion euros. By the end of 2023 there were 1,500 active startups in Ukraine.

The Dealroom study, CEE Startups 2025, notes that over the last decade the total value of startups in the region of Central and Eastern Europe (CEE) has increased 15 times, which is more than twice the 7-fold growth in Europe. Private CEE startups have now reached a total value of 163 billion euros. At the same time, Ukraine is in third place with a result of 30 billion euros. Startups that were born in the CEE often relocate: 48% of companies from the CEE moved their headquarters from the country of origin to another. In this unfortunate statistic, Ukraine sets anti-records: more than 90% of startups have moved out of Ukraine, which is explained by unfavorable conditions for their development in Ukraine.

In general, assessing the situation, it can be stated that startups are a new way of commercializing innovations, more flexible and progressive compared to the traditional use of IP. And one can assume that soon startups may replace IP.

Summing up, it can be stated that most of the problems of invention in Ukraine can be solved within a number of years if the laws of Ukraine are steadily implemented, which provide for funding of science in the amount of 1.7% of GDP, and if science is made one of the priorities of the development of the state. And with ensuring funding of science at the level of Israel, it is possible to return leading positions to our science as well.

As US President R. Reagan said: “We fund science not because we are rich. We are rich because we fund science.”

Economics and Forecasting of the National Academy of Sciences of Ukraine”

Table 1. Filing of applications for inventions and utility models in 2004-2023.

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Vinakhodi,

including

5778 5592 5930 6163 5697 4812 5310 5247 4944 5418 4814 4495 4092 4046 3975 3856 3194 3390 2758 2911
from national applicants 4090 3538 3474 3440 2825 2428 2554 2639 2484 2858 2457 2273 2231 2286 2116 2103 1370 1296 793 1010
Utility models,

including

5232 7286 8171 8870 9600 9200 10679 10437 10229 10176 9384 8620 9560 9118 9115 8454 5273 4427 2378 3504
from national applicants 5141 7156 8027 8745 9450 9058 10528 10285 10030 9978 9244 8490 9473 8979 8977 8344 5059 4335 2324 3427
Total applications 11010 12878 14101 15033 15297 14012 15989 15684 15173 15594 14198 13115 13652 13164 13090 12310 8467 7817 5136 6415

Table 2. Dynamics of spending on scientific research and development in 2010-2023.

 

 

 

 

 

Years

Expenditures on scientific research and development – total, UAH million/ Including /
% of total R&D expenditures
Share of research and development spending in GDP, %
basic scientific research applied scientific research scientific and technical (experimental) developments
2010 8107,1 26,8 19,6 53,6 0,75
2011 8513,4 25,9 21,3 52,8 0,65
2012 9419,9 27,8 21,5 50,7 0,67
2013 10248,5 26,3 20,1 53,6 0,70
2014 9487,5 25,9 19,8 54,3 0,60
2015 11003,6 22,4 17,8 59,8 0,55
2016

 

11530,7 19,3 22,2 58,5 0,48
2017 13379,3 21,9 23,6 54,5 0,45
2018

 

16773,7 22,4 21,3 56,3 0,47
2019 17254,6 21,7 21,1 57,2 0,43
2020 17022,4 25,0 23,3 51,7 0,41
2021 20973,8 24,6 23,0 52,4 0,38
2022 17117,8 23,8 28,2 48,0 0,33
2023 21348,1 20,7 29,7 49,6 0,33

Table 3. Structure of capital investments in Ukraine by type of assets in 2018-2024.

2018 2019 2020 2021 2022 2023 2024
Total 100,0 100,0 100,0 100,0 100,0 100,0 100,0
investments in tangible assets 93,3 96,4 95,5 95,5 94,6 95,3 93,8
residential buildings 10,1 9,5 8,7 9,1 7,9 7,1 6,9
non-residential buildings 14,7 15,4 15,3 13,5 11,9 11,3 11,6
engineering structures 19,4 22,6 27,0 28,0 19,8 28,1 27,2
machinery, equipment and inventory 33,1 34,0 31,5 30,0 32,7 32,3 32,8
vehicles 12,1 10,8 8,9 10,3 10,6 10,2 10,1
land 0,3 0,3 0,4 0,4 0,3 0,4 0,6
long-term biological assets of crop and livestock production 0,7 0,7 0,9 0,9 1,6 1,3 0,7
other tangible assets 2,9 3,1 2,8 3,3 9,8 4,6 3,9
investments in intangible assets 6,7 3,6 4,5 4,5 5,4 4,7 6,2
of them
software and databases 2,0 1,7 2,5 2,6 3,9 3,5 3,7

Truck imports to Ukraine fell by 45% in January to $41 mln

Imports of trucks to Ukraine in January 2026 decreased by 45% in monetary terms compared to the same month in 2025, to $41.1 million, according to statistics from the State Customs Service.

According to the published data, compared to December last year, imports of these vehicles fell by 2.5 times.

Most trucks last month were imported from France – $6.1 million (38.3% less than last year), but their share in total imports of these vehicles increased to 14.9% from 13.3%. Thailand was the second largest exporter with $4.7 million (11.4% share), followed by Lithuania with $4.6 million (11.26%).

In January last year, the top three truck suppliers were the United States, Germany, and France.

Imports of trucks from all other countries decreased by 10.3% to $25.7 million.

At the same time, according to statistics, Ukraine exported only $0.22 million worth of trucks in January, mainly to Turkey, and a year ago there were also insignificant export deliveries (worth $0.76 million), mainly to Romania.

As reported, in 2025, imports of trucks to Ukraine increased by 5.5% compared to 2024, to $999.5 million. with the largest imports coming from France ($169.2 million, up 42.8% from the previous year), Poland ($162.7 million, down 14.7%), and the United States ($109 million, up 2%).

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Ukraine reduced imports of copper and copper products by 20% in January

In January this year, Ukrainian companies reduced imports of copper and copper products by 20.1% in monetary terms compared to the same period last year, to $11.033 million.

According to customs statistics released by the State Customs Service of Ukraine on Tuesday, exports of copper and copper products during the specified period decreased by 28.7% to $4.953 million.

In December, copper imports amounted to $13.311 million, while exports amounted to $10.318 million.

As reported, in 2025, Ukrainian enterprises increased imports of copper and copper products in monetary terms by 23.2% compared to the previous year, to $173.453 million, while exports of copper and copper products grew by 17.7%, to $103.848 million.

In 2024, Ukraine maintained imports of copper and copper products in monetary terms at the previous year’s level — up to $140.797 million, while exports increased by 22.4% — up to $88.237 million.

In 2023, Ukraine increased its imports of copper and copper products by 2.2 times compared to 2022, to $140.795 million, while exports decreased by 20.1%, to $72.078 million.

Copper is widely used in electrical engineering, pipe manufacturing, alloy production, medicine, and other industries.

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Ukraine reduced ferroalloy exports by 11 times in January due to shutdown of the NPP

In January this year, Ukraine reduced ferroalloy exports in physical terms by 10.9 times compared to the same period last year, from 8,331 thousand tons to 765 tons.

According to statistics released by the State Customs Service (SCS) on Tuesday, 2,461 tons of ferroalloys were exported in December 2025.

In monetary terms, ferroalloy exports in January fell 8.1 times to $1.066 million from $8.655 million. The main exports were to Poland (55.91% in monetary terms), Romania (17.92%), and Uzbekistan (14.35%).

In addition, Ukraine imported 3,169 thousand tons of this product last month, a decrease of 40.2% compared to January 2025. In monetary terms, imports fell by 42.3% to $4.870 million. Imports were mainly from Norway (55.03%), India (22.85%), and Kazakhstan (5.48%).

As reported, the Pokrovsky Mining and Processing Plant (PGZK, formerly Ordzhonikidze Mining and Processing Plant) and the Marganetsky Mining and Processing Plant (MGZK, both in Dnipropetrovsk region), which are part of the Privat Group, stopped mining and processing raw manganese ore in late October – early November 2023, while NZF and ZZF stopped smelting ferroalloys. In the summer of 2024, ferroalloy plants resumed production at a minimum level.

Since January 19, 2026, due to problems with electricity supply and high prices for it, NZF has been idle, while ZZF has been operating at a minimum level.

It was also reported that in 2025, ferroalloy plants increased their exports of ferroalloys in physical terms by 21.4% compared to the previous year, to 93,841 thousand tons, and revenues increased by 19%, to $105.441 million. The main exports were to Poland (28.69% of shipments in monetary terms), Turkey (21.62%), and Algeria (21.48%).

In 2025, Ukraine imported 38,434 thousand tons of this product, a decrease of 53.3% compared to 2024. In monetary terms, imports fell by 47.5% to $73.839 million. Imports were mainly from Norway (16.11%), Kazakhstan (15.89%), and France (12.56%).

In 2024, Ukraine reduced its exports of ferroalloys in physical terms by 4.45 times compared to 2023, to 77,316 thousand tons from 344,173 thousand tons. in monetary terms, it decreased by 3.4 times – to $88.631 million from $297.595 million. At the same time, the main exports were to Poland (27.40% of supplies in monetary terms), Turkey (21.53%), and Italy (19.82%).

In addition, in 2024, Ukraine imported 82,259 thousand tons of this product compared to 14,203 thousand tons in 2023 (a 5.8-fold increase). In monetary terms, imports increased 3.3 times, from $42.927 million to $140.752 million. Imports were mainly from Poland (32.71%), Norway (19.55%), and Kazakhstan (13.9%).

The business of ZZF, NZF, Stakhanovskyi ZF (located at NKT), Pokrovskyi and Marganetskyi GZK was organized by PrivatBank prior to the nationalization of the financial institution. The Nikopol Ferroalloy Plant is controlled by the EastOne group, created in the fall of 2007 as a result of the restructuring of the Interpipe group, as well as the Privat group.

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Ukraine sharply increased bauxite imports in January — up to 97 tons

In January of this year, Ukraine increased imports of aluminum ore and concentrate (bauxite) in physical terms compared to the previous year — up to 97 tons from 31 tons.

According to statistics released by the State Customs Service (SCS) on Tuesday, bauxite imports in December amounted to 5,556 thousand tons.

In January 2026, bauxite imports in monetary terms increased to $83 thousand from $27 thousand.

Imports were made from China (100% of supplies in monetary terms).

Ukraine did not re-export bauxite in 2026, as in 2025.

As reported, in 2025, Ukraine increased imports of aluminum ore and concentrate in physical terms by 23.7% compared to the previous year, to 43.5 thousand tons, and in monetary terms by 15.8%, to $4.754 million. It was mainly carried out from Turkey (81.84% of supplies in monetary terms), China (15.97%), and Guyana (2.19%).

Ukraine did not re-export bauxite in 2025, as in 2024 and 2023.

In 2024, Ukraine increased its imports of bauxite in physical terms by 77.4% compared to 2023, to 35,173 thousand tons, and in monetary terms by 74%, to $4.107 million. Imports were mainly from Turkey (78.48% of supplies in monetary terms), China (19.48%), and Spain (1.9%).

In 2023, Ukraine imported 19,830 thousand tons of bauxite worth $2.360 million.

In 2022, Ukraine reduced imports of aluminum ores and concentrates (bauxite) in physical terms by 81.5% compared to the previous year, to 945,396 thousand tons. Bauxite imports in monetary terms decreased by 79.6% to $48.166 million. Imports were mainly from Guinea (58.90% of supplies in monetary terms), Brazil (27.19%), and Ghana (7.48%).

Bauxite is an aluminum ore used as a raw material for producing alumina, which is then used to produce aluminum. It is also used as a flux in ferrous metallurgy.

Bauxite is imported into Ukraine by, among others, the Mykolaiv Alumina Plant (MAP), which is currently idle.

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