Business news from Ukraine

Business news from Ukraine

Bila Tserkva Industrial Park to Launch Educational Hub

The Bila Tserkva Industrial Park (IP)—a project of entrepreneur Vasyl Khmelnytskyi’s holding company UFuture—is building an educational hub and plans to open it in 2026, Oleksiy Henzer, commercial director of the Bila Tserkva Industrial Park, told Interfax-Ukraine. According to him, the building, with a total area of 2,500 square meters, will house classrooms, training facilities with modern equipment, production laboratories, a conference hall, and office and social spaces.

“For us, the industrial park is a platform for shared infrastructure and collaborative solutions. Together, we create the engineering foundation, organize services, and must also jointly address systemic barriers that are difficult, expensive, and not always effective for an individual resident to overcome on their own. “One of the most pressing issues today is the availability of qualified specialists. For us, the training of specialists is part of the investment infrastructure,” he said.

Genzer emphasized the critical importance of supporting the community’s industrial development alongside the simultaneous development of education at all levels. “We are currently planning to involve a specialized educational institution to develop modern curricula. We also plan to involve residents in the program to give people the opportunity to train on modern equipment and obtain relevant qualifications directly within the park,” he said.

In addition, among the projects of the “Bila Tserkva” Industrial Park is support for secondary and vocational education. In particular, a memorandum has been signed with local authorities regarding the renovation of vocational training classrooms. Two classrooms have already been renovated, and by 2028, we plan to renovate classrooms in 13 more educational institutions.

“The community is handling the renovations, while we provide modern equipment. We hope that within the framework of this project, we will be able to cover almost all secondary schools in the city,” said Genzer.

UFuture, the investment holding company of Ukrainian entrepreneur Vasyl Khmelnytskyi, has a diversified portfolio of assets in real estate, infrastructure, industry, and pharmaceuticals. It is actively investing in the development of the UNIT.City innovation park and the Bila Tserkva Industrial Park.

The Bila Tserkva Industrial Park and Bila Tserkva 2 were included in the Register of Industrial Parks in 2018. There are over two dozen residents (including foreign companies) within the parks. Their total area is 70.3 hectares, of which 45 hectares have already been developed. Over 85,000 square meters of industrial and warehouse real estate have been commissioned.

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UK may tighten rules for obtaining permanent residency for most migrants

The UK intends to tighten the rules for obtaining permanent residency for most migrants by extending the standard waiting period from five to ten years. The primary source of this initiative is the UK government’s immigration White Paper, “Restoring control over the immigration system.” These documents explicitly mention a transition from the current five-year baseline to a new standard threshold of ten years.

The new model implies that the right to permanent residence will no longer be granted automatically after a fixed period of stay. The authorities want to link it to criteria regarding behavior, integration, and contribution to British society and the economy. The official consultation states that when reviewing applications, the following will be taken into account: the legality and continuity of residence, knowledge of the English language, passing the Life in the UK test, no criminal offenses, and, likely, verified employment and tax contributions.

The consultation on the earned settlement reform ran from November 20, 2025, to February 12, 2026, and the government says it is currently analyzing the feedback received. At the same time, London has already begun to implement related changes: on March 5, 2026, the Home Office announced stricter English language requirements for obtaining settlement, with these changes set to take effect in March 2027.

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Monument to Taras Shevchenko Restored in Novi Sad Following Act of Vandalism

According to Serbian Economist, the monument to Ukrainian poet Taras Shevchenko in Novi Sad has been restored after being damaged and doused with black paint in February. The city’s Institute for the Protection of Cultural Monuments reported that the bust and pedestal have been restored to their original condition following an assessment of the damage and restoration work carried out at the monument’s site.

The restoration was carried out by sculptor Ljubomir Šćepanović. During the work, the missing letters in Shevchenko’s surname were restored, and the monument and pedestal were cleaned and treated with wax. The institute noted that the work was completed within an optimal timeframe and without the use of harsh chemicals to preserve the original material.

The monument was vandalized on February 24, 2026. The monument was installed in 2021 near the university campus as a gift from Lviv.

https://t.me/relocationrs/2634

 

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Crossing Your Legs While Sitting Is Not Harmful to Your Health — Study

For most people, the habit of sitting with their legs crossed does not in itself pose a serious health risk. This is the conclusion reached by the authors of an article published by ScienceAlert, citing The Conversation: according to their assessment, the available data does not confirm that this posture harms the back, “wears out” the hip or knee joints, or causes varicose veins.
As the authors note, the problem is more often related not to the posture itself, but to the fact that a person remains in one position for too long. It is prolonged immobility, rather than “incorrect” posture as such, that more often leads to stiffness, discomfort, and a feeling of numbness. The researchers emphasize that the modern view of posture is gradually moving away from the idea of a single “ideal” position for everyone.
The article specifically addresses the common belief that crossing one’s legs is harmful to the back. According to the data cited by the authors, studies on posture and back pain have not identified a single universal sitting position that reliably protects against problems, nor have they found evidence that ordinary everyday sitting positions in and of themselves cause damage.
A similar conclusion is drawn regarding the joints. The authors point out that the knees and hip joints endure much greater stress daily when walking up stairs, standing up from a chair, running, or carrying heavy objects than when sitting with crossed legs. Although this posture may temporarily alter the angle of the joints, there is no conclusive evidence that it leads to arthritis or long-term damage.
The popular claim linking this habit to varicose veins is also unsubstantiated. As the publication notes, the risk of varicose veins is much more strongly associated with age, heredity, pregnancy, obesity, and certain occupational factors—including prolonged standing—rather than sitting with crossed legs.
However, the authors note a caveat: in certain clinical situations, such as after some hip surgeries, doctors may temporarily recommend avoiding this position. But this does not mean it is harmful for everyone. The main practical conclusion of the review is that what matters more than “perfect posture” is regularly changing body position, moving around, and avoiding sitting in one position for too long.

 

Ukrainians Positively Assess the Czech Republic, Negativity Remains Minimal

The results of a public opinion sociological survey conducted in March 2026 by the research company Active Group in cooperation with the information and analytical center Experts Club indicate a further strengthening of Ukrainians’ positive attitudes toward the Czech Republic. Overall, 67.4% of respondents evaluate this country positively, while the share of negative assessments is only 3.0%. Compared to August 2025, positive perception has increased (from 62.0%), while negative assessments have even slightly decreased (from 3.3%).

The structure of responses demonstrates a stable and fairly balanced picture. The share of “completely positive” attitudes is 23.3%, and “mostly positive” accounts for 44.1%. This means that the positive assessment of the Czech Republic is not only widespread, but also has different levels of intensity, indicating a formed and stable perception.

At the same time, almost a third of respondents (28.2%) take a neutral position. This is a fairly typical indicator for countries that are not constantly present in the information space, but at the same time have a consistently positive image. Negative assessments remain low: 2.3% of respondents chose the option “mostly negative,” and another 0.7% selected “completely negative.” The share of those who were undecided is 1.4%.

The dynamics of changes over recent months indicate not sharp fluctuations, but a gradual strengthening of the positive background. The Czech Republic does not show sharp jumps in perception, but steadily increases positive assessments while maintaining a minimal level of negativity. This indicates a formed image of the country that is not subject to significant fluctuations.

From an analytical point of view, the Czech Republic belongs to the group of states with a high level of trust, where positive attitudes are combined with low conflict in perception. It is important that even with a significant share of neutral responses, the negative segment remains marginal, which strengthens the overall positive picture.

“Attitudes toward the Czech Republic can be described as stably positive and at the same time sufficiently balanced. We do not see sharp fluctuations, but we record a gradual increase in positive assessments with a very low level of negativity. This indicates a formed and quite stable image of the country in Ukrainian society,” said Oleksandr Pozniy, Director of the research company Active Group.

Overall, the results of the study show that the Czech Republic is consolidating its position in the group of countries with a positive and stable perception. The combination of a high share of positive assessments, a low level of negativity, and moderate neutrality forms a fairly balanced image that has all the prerequisites for further strengthening.

According to a study conducted by the Experts Club information and analytical center based on data from the State Customs Service, the Czech Republic ranks seventh in terms of total trade in goods with Ukraine, with a figure of $3.41 billion. At the same time, imports of Czech goods significantly exceed exports of Ukrainian products, resulting in a negative balance in bilateral trade.

Radabank to Hold Shareholders’ Meeting on April 17

According to Fixygen, JSC “AB ‘Radabank’” intends to hold its annual general meeting of shareholders on April 17, 2026, remotely via a written ballot. The record date for shareholders entitled to participate in the meeting has been set for April 14, 2026.

According to the published announcement, the agenda includes 11 items, including the election of the counting commission, consideration of the supervisory board’s report for 2025, the audit report on the financial statements for the year ended December 31, 2025, approval of the bank’s financial and operational results and annual report for 2025, profit distribution, approval of the report on remuneration for members of the supervisory board, determination of the main areas of activity for 2026, amendments to the Corporate Governance Code, as well as the establishment of an aggregate limit on investments in NBU deposit certificates and domestic government bonds.

Separately, the bank announced changes to the agenda proposed by shareholder Vadym Sysenko, who owns 1.8% of the shares. The changes concern the distribution of profits for 2025. The updated materials include two alternative draft resolutions: the first proposes allocating UAH 11.35 million to the reserve fund, and the second, UAH 11.13 million, with the remainder in both cases proposed to be left undistributed, and no dividends to be accrued or paid based on the results of 2025.

AB “Radabank” operates as a privately owned bank and is a member of the Deposit Guarantee Fund for Individuals. According to the NBU, as of March 1, 2026, the bank’s assets amounted to UAH 16.395 billion, liabilities to UAH 15.542 billion, capital to UAH 852.7 million, and net income to UAH 15.9 million. According to the ownership structure disclosed by the bank as of January 1, 2026, the largest shareholder is Tatyana Gorodnitskaya with a 73.635% stake; another 9.521665% belongs to Roman Gorodnitsky, while Alexander Gorodnitsky, Svetlana Lushnikova, Anastasia Gorodnitskaya, and Konstantin Gorodnitsky. The bank states that it has been operating in the market since 1993.

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