Business news from Ukraine

Business news from Ukraine

Britain has urgently allocated £100 mln to Ukraine to strengthen its air defense

The United Kingdom will urgently allocate an additional £100 million (over €115 million) to Ukraine to support its air defense, which will help protect the country from Russia’s relentless attacks, according to the British government’s press service.

“These funds will be rapidly deployed to strengthen Ukraine’s air defense to provide better protection for frontline troops and key national infrastructure against air strikes,” the statement said.

It is noted that, together with this latest aid package, the UK has allocated £600 million over the past two months to support Ukraine’s air defense system, once again reaffirming the government’s determination to save lives and strengthen Ukraine’s resilience.

“As Putin continues his appalling attacks across Ukraine, my message is simple—the UK’s support will not waver. Putin’s unprovoked full-scale invasion has harmed households across the UK, driving up the cost of living and undermining European security. To ensure this never happens again and to protect people in our country from the real threat posed by Russia, I am determined to do everything possible to support a sovereign and free Ukraine for future generations. “This vital package of air defense capabilities will do just that, protecting millions of people in Ukraine from Russia’s barbaric attacks on cities and homes, while their armed forces bravely defend their country and our values on the front lines,” said Prime Minister Keir Starmer.

It is noted that the support package demonstrates the UK’s readiness to defend its allies and its interests and follows the Prime Minister’s announcement that British military personnel will now have the right to inspect “shadow fleet” vessels passing through British waters—which increases pressure on Putin.

The new funding complements the £500 million air defense assistance package announced in February during a meeting of the Ukraine Defense Contact Group at NATO headquarters in Brussels.

This package included £150 million for NATO’s “Priority Ukraine Requirements List” (PURL) initiative, enabling the rapid delivery of air defense interceptors, as well as over 1,000 Light Multiple Missiles (LMMs) manufactured in Belfast.

It also supported a £390 million agreement aimed at strengthening cooperation between the UK and Ukrainian industries.

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Garant-Systema to Hold Shareholders’ Meeting on April 2 in Kyiv

According to Fixygen, Garant-Systema (JSC) will hold its annual general meeting of shareholders on April 2, 2026, at 2:00 p.m. in Kyiv at 10/5 P. Sagaidachny/Igorivska St.

The agenda includes standard corporate matters, such as approval of financial results and decisions regarding future operations.

The company operates in Ukraine’s corporate sector, and for such issuers, shareholder meetings remain an important tool for approving financial policy, the composition of management bodies, and key decisions regarding business development.

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Vasylkivska Poultry Farm will hold  shareholders’ meeting on April 1

According to Fixygen, the Vasylkivska Poultry Farm (OJSC) will hold its annual general meeting of shareholders on April 1, 2026, via remote participation.

Shareholders will review the company’s performance, financial statements, and other corporate governance issues.

The company operates in the agro-industrial sector, which remains one of the key sectors for Ukraine’s economy even amid the war.

Poultry companies are important not only as food producers but also as part of the food security chain, the domestic market, and the processing sector.

https://www.fixygen.ua/news/20260328/ptahofabrika-vasilkivska-provede-zbori-aktsioneriv-1-kvitnya.html

 

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Kremenchuk Metal Products Plant will hold meeting on March 30

According to Fixygen, the Kremenchuk Metal Products Plant (JSC) will hold a shareholders’ meeting on March 30, 2026, via remote participation. The agenda includes the approval of financial results, profit distribution, and other corporate matters.

The company manufactures a wide range of metal products and structures used in construction, mechanical engineering, and infrastructure projects.

The plant focuses on both the domestic market and industrial cooperation with other companies.

https://www.fixygen.ua/news/20260328/kremenchutskiy-zavod-metalevih-virobiv-provede-zbori-30-bereznya.html

 

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“Rivneelevatorbud” will hold shareholders’ meeting on March 30

According to Fixygen, “Rivneelevatorbud” (OJSC) will hold its annual general meeting of shareholders on March 30, 2026, via remote participation.

Shareholders will review the annual financial statements, profit distribution, and corporate governance issues.

The company specializes in the construction and modernization of grain elevators, grain storage facilities, and agricultural infrastructure. The company operates at the intersection of the construction and agricultural sectors, serving Ukraine’s critical grain logistics.

https://www.fixygen.ua/news/20260328/rivneelevatorbud-provede-zbori-aktsioneriv-30-bereznya.html

 

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Starting April 1, minimum excise tax on cigarettes in Ukraine will increase, and prices will rise by 10%

According to Fixygen, starting April 1, 2026, cigarette manufacturers and importers in Ukraine will be required to apply a multiplier of 1.1 to the minimum excise tax liability, resulting in the minimum excise tax rising from €82 to €90.2 per 1,000 cigarettes. This was reported by the State Tax Service of Ukraine.

As explained by the tax service, the multiplier is being introduced for the period from April 1 to December 31, 2026, since, according to the results of the 2025 tax declaration, the share of the total excise tax in the weighted average retail price of cigarettes amounted to 58.8%, which is below the 60% threshold established in the Tax Code. The State Tax Service also published the estimated weighted average retail price of cigarettes at 6,537 UAH per 1,000 units.

The base rate of the minimum excise tax liability for 2026 was set by Law No. 4115-IX at 82 euros per 1,000 cigarettes, and the application of a 1.1 multiplier effectively raises it to 90.2 euros. The law also provides for a further increase in this rate to 86 euros in 2027.

According to market experts, this change could lead to a 10% increase in retail prices for cigarettes, and a pack could become approximately 10 UAH more expensive.

https://www.fixygen.ua/news/20260328/z-1-kvitnya-v-ukrayini-zroste-minimalniy-aktsiz-na-sigareti-tsini-pidvishchatsya-na-10.html

 

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