Business news from Ukraine

Business news from Ukraine

Poland, Greece, and Lithuania main suppliers of fuel to Ukraine

In January-September 2025, Ukraine increased its imports of petroleum products by 3% (166,823 thousand tons) compared to the same period last year, to 5 million 665,761 thousand tons.

According to the State Customs Service, petroleum products were imported in the amount of $4 billion 566.46 million, which is 11.1% less than in the first nine months of 2024 ($5 billion 133.869 million).

Fuel worth $695.185 million was imported from Poland (15.22% share), Greece – $595.812 million (13.05%), Lithuania – $569.152 million (12.46%), other countries – $2 billion 706.311 million (59.26%).

As reported, Ukraine imported 7 million 562.556 thousand tons of petroleum products in 2024, which is 1.1% less than in 2023 (7 million 646.537 thousand tons).

, ,

Ukrainian CFO Forum 2025 — strategic platform for Ukraine’s financial leaders

700+ financial leaders, 60+ speakers, up to 35 CPD from ACCA. Kyiv + online + recording

On October 23-24, the country’s financial community will gather for the main event of the year — Ukrainian CFO Forum 2025. Two days, over 700 CFOs, CEOs, and transformation leaders, 60+ speakers, real-life cases, and discussions — all to answer the main question: how CFOs are changing business in times of strategic uncertainty, technological breakthroughs, and regulatory challenges.

This is not about theory — it’s about sharing experiences, case studies, and solutions that are already changing companies’ financial models today.

Key topics include:

  • Tax and financial risks in 2026: transfer pricing, KIK, crypto, financial monitoring, CFO checklist.
  • Migration from 1C: the experience of CFOs of international companies, SAP and Microsoft providers.
  • Digital transformation of finance: how to move from the chaos of 20+ systems to a unified business picture.
  • Artificial intelligence and ERP: from hypotheses to practical solutions that change the accuracy of forecasts.
  • Optimization of CFO office processes: FinOps, FP&A, automation, ROI of digital changes.
  • Talent & Leadership: how the development of people and teams becomes a strategic investment.
  • Financial security, compliance, and partnership risks in international operations.
  • Keynote NBU – main economic guidelines for 2026.

60+ speakers, including market leaders:

Nova Poshta, Danone Ukraine, Philip Morris Ukraine, Nemiroff, McDonald’s Ukraine, DVL, Uklon, Foxtrot, COMFY, LPP Group, Metinvest Group, Roshen, Delta Sport, BROCARD, Rozetka-EVO, British American Tobacco, NOVUS, UMGI, NIBULON, Electro Cable Group, PUMB, DTEK/YASNO, Payoneer, NBU, AC Crowe Ukraine, Asters, IT-Enterprise, Smart Business, Innoware, MODUS X, Sapiens Tech, ACCA — and other participants shaping the future of finance in Ukraine.

Ukrainian CFO Forum 2025 is not just a forum. It is an ecosystem of financial leadership that has been bringing CFOs together around development, innovation, and partnership for over 20 years. Webinars, closed meetings, practical cases, and the main forum in October — everything to ensure that the financial community acts confidently even in the most unpredictable conditions.

Why you should attend:

  • 60+ speakers — CFOs, CEOs, and experts from leading Ukrainian companies.
  • Networking with 700+ financial directors — a unique opportunity for new contacts and partnerships.
  • Up to 35 CPD units and a certificate of participation from the official educational partner ACCA.
  • Practical case studies, live dialogues, and solutions to help CFOs act confidently in 2026
  • Format: offline in Kyiv + online broadcast + recording.

Don’t delay! The number of tickets at a special price is limited. Use the promo code BraveInterfax and get an additional 15% discount on all ticket levels. The offer is valid until October 20, 2025. Buy a ticket: cfo.ua/2025#tickets

Stay up to date with insights, announcements, and useful materials from market leaders:

Follow FAService on Facebook and LinkedIn.

Details, program, and list of participants are available on the official forum page: cfo.ua/2025

Poland is main importer of Ukrainian soy products

Soybean oil exports in the 2024-2025 marketing year (MY) increased by 52.5% in physical terms to 521.3 thousand tons, and by 98% in monetary terms to $521.7 million compared to the previous year, according to the industry association Ukroliyaprom.

The association noted that exports of soybean meal in 2024/2025 MY increased by more than 95% to 1,336,800 tons, and in monetary terms by 54.4% to $461.1 million.

“This indicates the demand for soybean oil and meal in many countries around the world, in particular the EU, and the unique opportunities for increasing domestic processing of raw materials and growing production and exports of high value-added products,” Ukroliyaprom noted.

The industry association specified that Ukrainian processors exported 85% of soybean oil to EU countries and the remaining 15% to other countries around the world. The leaders in the purchase of Ukrainian soybean oil in the 2024/2025 marketing year were Poland (345,300 tons worth $344.5 million), Germany (22,000 tons worth $22 million), Bulgaria (17,900 tons worth $16.3 million), as well as India (36.7 thousand tons worth $35.3 million), Saudi Arabia (11 thousand tons worth $11 million), and the UAE (7.2 thousand tons worth $8.2 million).

The situation with soybean meal exports in 2024/2025 MY was similar: 81.3% was supplied to EU markets, 18.7% to other countries. Poland (475 thousand tons worth $180.9 million), Hungary (256,200 tons worth $86.6 million), Romania (107,000 tons worth $35.2 million), and Turkey (78,700 tons worth $22.3 million).

, ,

UPRADAS Association of Reconstructive and Plastic Surgery Specialists Established in Ukraine

Specialists in plastic and reconstructive medicine, dermatosurgery, and oncoplastic mammology have united into an association to establish modern medical standards.

As reported to the “Interfax-Ukraine” agency, the Ukrainian Association of Plastic, Reconstructive and Dermatologic Aesthetic Surgery and Oncoplastic Mammology (UPRADAS) brings together four key areas: plastic surgery, reconstructive surgery, dermatosurgery, and oncoplastic mammology. This will create a new model of collaboration among doctors.

UPRADAS is developing a system of continuous education, creating expert commissions to support doctors in complex clinical cases, and providing access to international training programs and congresses.

For patients, the association’s activities mean the emergence of transparent mechanisms for assessing the quality of medical care, higher safety standards, and increased trust in specialists.

“UPRADAS is not just another organization. It is a structure that creates unified ethical rules focused on the safety of both patients and doctors. We are forming a professional system where the main value is knowledge, and the main standard is responsibility. Ukraine has strong specialists, but they need space for development, education systems, and mutual support,” said Serhiy Derbak, President of Upradas in the field of Aesthetic Plastic Surgery and founder of the Lita Plus clinic.

He emphasized that the main goal of UPRADAS is to create unified professional standards that regulate not only the technical aspects of surgery but also the ethical, educational, and communication principles of the industry.

Among the strategic areas of activity are the development of methodological recommendations, the creation of a Medical Care Quality Commission, the implementation of continuous training programs, and the enhancement of international integration for Ukrainian specialists.

Furthermore, UPRADAS plans to create an independent expert commission where both patients and doctors can turn for the review of complex clinical cases, consultations, and professional opinions.

Key priorities for the association will be improving doctors’ qualifications through continuous education and international exchanges, establishing ethical and professional norms that protect both the patient and the doctor, and enhancing the quality of medical services through the standardization of processes and clinical protocols.

Upradas members are regular participants in world congresses such as AMWC (Monaco), IMCAS (Paris), Global Breast Surgery Congress, European School of Reconstructive Microsurgery (Barcelona), and others.

The annual Ukrainian conferences Breast Meeting, Anatomy of Beauty, and Difficult Cases Conference with the participation of international speakers are planned.

“UPRADAS creates a platform where a doctor has everything necessary for quality work, and a patient has everything for confidence in their treatment. Together, we are forming new standards that will improve the quality of care and strengthen trust in Ukrainian medicine,” said Oleg Savenkov, President of the Reconstructive Plastic Surgery direction of UPRADAS.

“The future of medicine lies in knowledge and ethics. We combine science, practice, and international experience so that Ukrainian dermatosurgery and aesthetic medicine develop according to world standards,” commented Oleksandr Turkevych, President of the Dermatosurgery direction of UPRADAS.

https://interfax.com.ua/news/pharmacy/1111892.html

, , ,

Ukrainian Cabinet shortens heating season by one month

The Cabinet of Ministers of Ukraine has set the heating season from November 1 to March 31, instead of the previous period from October 15 to April 15.

The government formalized its decision by Resolution No. 1267 of October 8, 2025, “On amendments to the Resolution of the Cabinet of Ministers of Ukraine of July 19, 2022, No. 812 ‘On approval of the Regulation on the imposition of special obligations on natural gas market entities to ensure public interests in the process of functioning of the natural gas market regarding the peculiarities of natural gas supply to heat producers and budgetary institutions.’”

Source: https://interfax.com.ua/

, , , ,

Gold price continues to rise steadily

The spot price of gold hit a new record high on Monday. As of 9:34 a.m., it stands at $4068.74 per ounce, which is 1.3% higher than the previous session’s close. Earlier in trading, the spot price of gold rose to $4078.24 per ounce, marking an all-time high. Gold futures on the Comex exchange are up 2.2%, reaching $4087.4 per ounce.

The precious metal is supported by rising tensions between the United States and China, as well as expectations of further interest rate cuts by the Federal Reserve.

On Friday, U.S. President Donald Trump announced the possibility of significantly increasing import tariffs on Chinese goods in response to Beijing’s tightened export controls on rare earth metals. He also said he saw no point in meeting with Chinese President Xi Jinping. However, on Sunday, Trump stated that Washington wants to help Beijing rather than harm it and suggested that he might still meet with Xi later this fall.

In addition, traders expect two more rate cuts by the Fed before the end of the year. According to futures market pricing, the probability of a 25-basis-point rate cut by the U.S. central bank at its next meeting on October 28–29 is estimated at 95.7%. Investors in the derivatives market also expect another similar cut in December.

Earlier, the analytical center Experts Club released an analysis of the world’s leading gold-producing countries in a video on its YouTube channel — https://youtube.com/shorts/DWbzJ1e2tJc?si=9YBue5CS6dz-tA6_

, , , ,