Business news from Ukraine

Business news from Ukraine

“Autostrada” has invested EUR 1 mln in equipment for metro construction

The “Autostrada” Group of Companies has begun the reconstruction of a 1.2-meter-diameter sewer collector in the metro construction zone in Vinogradar; to carry out this work, a remotely controlled shield system from Herrenknecht AG was purchased, with an estimated cost of EUR 1 million.

According to the Autostrada press service, the project will involve laying a new storm sewer system with a total length of 400 m using over 200 pipes. The work is being carried out using the microtunneling method (a high-precision trenchless technology for laying underground utilities without breaking ground), which allows work to proceed in densely built-up urban areas without impacting traffic or the surrounding infrastructure.

The preparatory phase is currently underway—two shaft shafts (launch and reception chambers) are being constructed, from which tunneling will begin in just a few months.

To carry out the work, Autostrada has purchased a remote-controlled shield system from the German manufacturer Herrenknecht AG. The cost of the equipment is approximately 1 million euros. The maximum length of a single tunneling run can reach up to 150 m, ensuring efficiency and continuity of work.

On the section between the “Mostytska” and “Varshavska” stations, over 1,000 m of double-deck monolithic tunnels have already been constructed (500 m per deck). Work on their finishing is being carried out simultaneously on two sections, which significantly accelerates the pace of construction. The construction of monolithic structures on the fork branch section toward the future “Vinogradar” station has also been completed.

At the “Mostytska” station, construction of prefabricated full-section tunnel linings, each approximately 200 m long, has been completed. The next stage is the installation of cable structures in the completed tunnels, which serves as a preparatory step for the subsequent installation of utility networks and the station’s power supply systems.

In the shaft above the deep-level tunnel between the “Syrets” and “Mostytska” stations, installation of the ring-laying machine has been completed; this machine will replace the rings of the left-hand tunnel lining with larger-diameter rings. The right-hand tunnel in this section has already been built.

Construction of the turnaround sidings at the “Varshavska” station is in its final stage. Currently, a shield-type airtight seal—a massive steel structure designed to isolate tunnels and stations—is being installed here. It protects the metro from potential emergencies, including shock waves, flooding, and hazardous substances, and serves as a critical component of the civil defense system, enabling the division of underground structures into sealed compartments.

At all metro construction sites in Vinogradar, work is underway to relocate utility lines outside the construction zone. The relocation of water supply and drainage systems, as well as power lines, is being carried out in stages. Such work ensures the uninterrupted operation of the city’s infrastructure and creates the necessary conditions for the continued execution of construction and installation processes without restrictions.

As previously reported, in August 2024, the municipal enterprise “Kyiv Metro” signed a contract to continue construction of the Syretsko-Pecherska Line toward the Vinogradar residential area. The winner of the tender was Avtostrada Group of Companies LLC. The project duration is set at 30 months, with a total cost of 13.785 billion UAH. The procurement was conducted on the Prozorro public procurement platform. “Avtostrada” resumed metro construction in November 2024.

In December 2023, the Kyiv Metro municipal enterprise terminated its contract with Kyivmetrobud JSC through the courts due to failure to meet construction deadlines. The issue of recovering a portion of the advance payment—the use of which is not confirmed by the relevant certificates of work performed—as well as penalties, is being resolved in court.

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“Guardian Angel” Foundation Provided Aid to Residential Care Facilities in Zhytomyr Oblast

The Teteriv Psychoneurological Residential Care Facility and the Novoboriv Children’s Residential Care Home received humanitarian aid from the “Guardian Angel” Charitable Foundation on the eve of Easter. And not just Easter cupcakes, but also food, hygiene products, and water purification systems, the foundation reported, emphasizing the systematic nature of its support for these institutions.

On the eve of Easter, the “Guardian Angel” Charitable Foundation delivered humanitarian aid to the Teteriv Psychoneurological Boarding School and the Novoboriv Children’s Boarding Home in Zhytomyr Oblast, the foundation reported.

The aid included food and hygiene products. Specifically, a total of two hundred holiday Easter cakes, boxes of cookies, bags of flour, and pasta were delivered to both institutions. The donors also provided hygiene products—soap, adult diapers, wet wipes, and paper towels.

In addition, the foundation delivered water treatment systems to both boarding schools, which is particularly important for facilities located in rural areas. The water treatment systems were donated to the foundation by entrepreneur Boris Vykhovants.

The foundation emphasized that amid the war in Ukraine, socially vulnerable groups—including orphans and children deprived of parental care, as well as people suffering from mental health disorders (including those resulting from the war)—require enhanced support.

“We are systematically working to ensure that aid reaches those who need it most. Easter is, albeit symbolic, yet another occasion for care and support, and we are grateful to all partners who joined this initiative,” noted Vilen Fatalov, chairman of the foundation’s supervisory board.

The foundation’s founder, Vladlena Fatalova, emphasized that supporting residential care facilities remains one of the organization’s priorities: “We see the real needs of such institutions and strive to address them as comprehensively as possible—from food to hygiene products and infrastructure solutions.”

Another founder of the foundation, Valeria Myronenko, added that such initiatives are long-term in nature: “Our goal is not one-time assistance, but systematic support and improvement of living conditions for the residents of these institutions. For example, we visit the Teteriv and Novoboriv boarding schools on a regular basis.”

The Teteriv Psychoneurological Boarding School and the Novoboriv Children’s Home expressed their gratitude to the “Guardian Angel” Charitable Foundation for the assistance provided, as well as to the companies and philanthropists who responded to the foundation’s call. In particular, thanks were extended to Dar Mlyn Zakarpattia LLC, the Berdychiv Bakery, as well as citizens Dmytro-Valeriy Shevchenko and Maksym Smitiya for their support of socially important initiatives.

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Ukrainians’ Attitudes Toward South Korea Remain Positive—Experts Club Study

The results of a survey conducted in March 2026 by the research firm Active Group in collaboration with the Experts Club Information and Analytical Center indicate a slight cooling of Ukrainians’ attitudes toward South Korea. The share of positive assessments dropped to 48.0% compared to 53.3% in August 2025, while the level of negative attitudes remained unchanged at 13.3%.

In the breakdown of responses, 16.1% of respondents chose the option “completely positive,” and another 31.9% chose “mostly positive.” At the same time, the share of neutral assessments remains significant—34.7%—which indicates a relatively reserved and not fully formed perception of the country.

Negative assessments are represented by 9.3% of responses as “mostly negative” and 4.0% as “completely negative.” Another 4.0% of respondents were unable to determine their position. Thus, despite the decline in positive perception, the level of criticism has not increased, and the overall picture has shifted due to a portion of positive assessments moving into the neutral category.

This trend may indicate a decrease in the intensity of South Korea’s media presence in Ukraine or a reduction in the number of factors shaping a clearly positive attitude. Unlike EU countries or certain strategic partners, South Korea remains an important but not a top-priority element of the international context for a significant portion of Ukrainians.

“The data show that attitudes toward South Korea remain generally positive, but less defined than toward Ukraine’s key partners. A significant proportion of neutral responses indicates that for many Ukrainians, this country is outside the daily news cycle. In such cases, even minor changes in the external context can influence the balance of assessments,” noted Oleksandr Pozniy, director of the research firm Active Group.

Overall, South Korea maintains a positive image in Ukraine; however, the downward trend in the share of positive assessments underscores the need for the country to be more actively engaged in economic, technological, and humanitarian cooperation if it seeks to strengthen its position in Ukrainian society.

According to a study conducted by the Experts Club information and analytical center based on data from the State Customs Service, the Republic of Korea ranks 24th in total trade volume with Ukraine, which amounts to $1.14 billion. Imports of Korean products significantly exceed Ukrainian exports, resulting in a negative trade balance of over $769 million.

The study was presented at the Interfax-Ukraine press center; the video can be viewed on the agency’s YouTube channel. The full version of the study can be found at this link on the Experts Club analytical center’s website.

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Georgia Introduces New Visa for Digital Nomads

On April 15, the Georgian Parliament passed a law in its third reading to introduce a new C5 visa category; the text of the law, published in the Official Gazette, stipulates that it takes effect upon publication.

The new C5 visa will be a multiple-entry short-term visa valid for up to 5 years, granting the holder the right to stay in Georgia for up to 1 year. The visa is intended for foreigners visiting the country for tourism purposes and who are permitted to work only on behalf of a non-resident, provided such work is related to that non-resident’s employment outside Georgia. In essence, this establishes a legal framework for remote work for foreign companies or clients.

The law also explicitly provides for the extension of this visa to the spouse and minor children of the primary applicant. Additionally, the regulations allow for expedited processing of applications by separate government decision.

For the C5 visa and its electronic version via a special website, a fee range of $20 to $500 has been established, but the specific amount must be further determined by a resolution of the Georgian government.

According to the drafters of the law, the new visa is intended as a tool to attract high-income, low-risk foreigners from “safe countries.”

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Ukraine Increased Live Cattle Exports by 58% in March

According to data from the State Customs Service, Ukraine exported 2,790 metric tons of live cattle in March 2026, which is 58% more than in February of this year and 12% higher than in March 2025, reported the Association of Milk Producers (AMP), citing data from the State Customs Service.

The industry association noted that revenue from livestock exports in March amounted to $5.26 million, which is 16% more than in February. In total, 5,530 tons of cattle worth $11.61 million were shipped to foreign markets in the first quarter of 2026. These figures are 6.1% and 10% higher, respectively, than the results for the same period last year.

A similar trend is observed in the meat segment. In particular, exports of fresh or chilled beef in March rose by 102% compared to the previous month, reaching 467.2 tons worth $3.69 million. Shipments of frozen beef increased by 31% to 1,670 tons, valued at $7.37 million.

“Ukraine has increased cattle exports amid high prices in export markets and a certain shortage of red meat globally. Low domestic purchase prices for raw milk served as an additional incentive for farmers, driving growth in sales of cattle for slaughter and export,” the UBA’s analytical department notes.

According to the association, the global beef shortage is being driven by high demand in the U.S. due to limited domestic supply ahead of the barbecue season. A similar situation exists in Brazil, where livestock prices have reached historic highs amid active exports to China. Australia is also reporting ten-year highs in production, attempting to compensate for the supply shortage in the Korean and Japanese markets.

At the same time, the negative price situation in Ukraine’s dairy market has led to a complete halt in the import of heifers: in March 2026, not a single head of breeding cattle was imported into the country.

Ukraine’s positive foreign trade balance in live cattle and beef trade amounted to $15.21 million as of the end of March.

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“TerA” shareholders to allocate 46.6 mln UAH in profits toward development

Shareholders of the confectionery factory PJSC “TerA” (Ternopil) plan to allocate UAH 46.615 million in net profit for 2025 toward production development at the annual remote general meeting on April 29, the company reported in the NSSMC’s information disclosure system.

According to the draft resolution, the meeting agenda also includes a motion to terminate the powers of the current members of the supervisory board and elect new members. Shareholders are being asked to approve a monthly remuneration of UAH 250,000 for the board chair and UAH 60,000 for each board member.

In addition, shareholders plan to grant preliminary consent for the company to enter into significant transactions during the year, including contracts for the sale and purchase of property, leasing, rental, loan agreements, and pledges totaling up to UAH 100 million, and to appoint Galychyna-Audit LLC as the auditing entity for the mandatory audit of financial statements.

According to Opendatabot, the company’s net profit for 2025 decreased by 16.1% to UAH 46.62 million, while revenue increased by 38.5% to UAH 514.74 million. The company’s assets increased by 40.1% to UAH 231.91 million, and liabilities by 64.8% to UAH 56.61 million.

PJSC “TerA” was founded in 1991 and specializes in the production of crackers, cookies, cakes, and other long-shelf-life confectionery products. Its production facilities are located in Ternopil. According to the registry, the majority shareholder and

PJSC “TerA” (Ternopil Confectionery Factory) was founded in 1991 and manufactures over 200 varieties of crackers, cookies, cakes, and other long-shelf-life confectionery products, which it sells under the “TerA” trademark. The company operates a full production cycle at its facilities in Ternopil and has branches in Kyiv and Western Ukraine. It is developing its own retail chain of “TerA” stores and exports products to the EU. The ultimate beneficiary of the company is Lyudmila Nikolaychuk (74.8%).

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