Business news from Ukraine

Business news from Ukraine

Union of Rectors of Ukraine summed up results of admission campaign and recommended improving admission rules

At its meeting on September 25, 2025, the Union of Rectors of Higher Education Institutions of Ukraine summed up the results of the admission campaign and discussed ways to improve the rules for admission to universities in 2026.

The meeting was attended by representatives of the Verkhovna Rada of Ukraine, the Ministry of Education and Science, relevant committees, rectors of leading universities from all regions of the country, as well as heads of frontline educational institutions.

The head of the Rectors’ Union, Petro Kulikov, opened the meeting and emphasized the key role of higher education in ensuring national stability during the war:

“Ukrainian universities not only continue education and science, but also form the personnel base for the post-war restoration of the state. Today, the Union of Rectors is a communication platform between universities, parliament, and the government.”

Deputy Minister of Education and Science Mykola Trofimenko stressed the importance of institutional strengthening of the Union:

“Today, the Union acts as a key partner of the state in shaping educational policy. We must consider the possibility of transforming it into the Association of Universities of Ukraine, which will allow us to represent the interests of higher education even more effectively.”

Deputy Chairman of the Union, Rector of Taras Shevchenko National University of Kyiv Volodymyr Bugrov stressed the need to update the regulatory framework:

“The 2025 admission campaign was generally successful, but we see a need to improve admission rules and update legislation.”

Rector of Zaporizhzhia Polytechnic National University Viktor Hreshta highlighted the challenges faced by frontline universities and the need for state support for such institutions.

Rector of Kyiv National University of Construction and Architecture Oleksii Dniprov emphasized the importance of increasing the transparency of admission procedures.

Viktoria Petrushenko, Rector of Vinnitsa National Medical University named after Pirogov, highlighted the risks of lowering passing scores in medical specialties.

Vadym Tkachuk, Rector of the National University of Life and Environmental Sciences of Ukraine, drew attention to the problems of indicative cost.

Maksym Tymoshenko, Rector of the Tchaikovsky National Music Academy, called for ensuring the key role of creative competitions in art universities.

The meeting was also attended by members of parliament, representatives of the Verkhovna Rada Committee on Education, Science, and Innovation, deputy ministers, heads of departments of the Ministry of Education and Science, in particular, Oleg Sharov, Director General of the Directorate of Higher Education and Adult Education, who answered questions from participants.

The approved document (decision of the Union of Rectors) states:

  1. the 2025 admission campaign was successful — more than 317,000 participants registered for the National Multidisciplinary Test and 882,000 applications were submitted;
  2. educational institutions carried out significant career guidance work among young people, especially in frontline regions;
  3. a decision was made to create a working group to prepare proposals for changes to the 2026 admission rules;
  4. to prepare proposals for the Ministry of Education and Science, the government, and parliament within a month;
  5. to appeal to the Ministry of Education and Science of Ukraine with a proposal to deepen cooperation between the Ministry and the Union of Rectors.

The Union of Rectors of Higher Education Institutions of Ukraine is an all-Ukrainian public organization that brings together university leaders to coordinate educational, scientific, and international activities.

Founded in 1992, the organization acts as an advisory partner to the Ministry of Education and Science of Ukraine and participates in the development of state educational policy and regulations in the field of higher education.

Source: https://interfax.com.ua/news/projects/1110091.html

 

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Forecast of unemployment rate in Ukraine according to methodology of international labor organization until 2025

Forecast of unemployment rate in Ukraine according to methodology of international labor organization until 2025

Source: Open4Business.com.ua

NBU fined Elit Finance UAH 76,500 for violating ethical standards

The National Bank of Ukraine (NBU) fined Elit Finance FC LLC (Kyiv) UAH 76,500 for violating ethical conduct requirements, according to the regulator’s website.

The decision was made based on the results of non-field supervision of compliance with the requirements of Ukrainian legislation on the protection of the rights of consumers of financial services, during which facts of non-compliance by the company with the requirements established by law regarding interaction with consumers and other persons during the settlement of overdue debts (requirements regarding ethical conduct) were revealed.

The relevant decision was adopted by the Committee for Supervision and Regulation of Non-Bank Financial Services Markets on October 6, 2025.

Elit Finance FC LLC was registered in March 2016 with a charter capital of UAH 20 million.

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Number of raiding cases in Ukraine has decreased by 36%

According to the Prosecutor General’s Office, 168 raiding cases were recorded in Ukraine in the first eight months of 2025. This is 36% less than in the same period last year. 80% of cases involve document forgery. At the same time, 830 complaints of raiding were considered during the same period, according to the Office for Combating Raiding.

168 criminal proceedings for raiding were opened this year. This is 36% less than during the same period last year. While in 2024, an average of 33 cases were opened each month, this year there were only 21. Overall, the number of raiding cases has decreased 3.4 times in four years.

The vast majority of proceedings involve document forgery (Article 205-1 of the Criminal Code). This year, 134 such cases were opened, or 80% of the total number. Suspicions were handed down in less than half of the cases (62), and only 40% (53) were sent to court.

There were 23 proceedings registered for obstruction of economic activity (Article 206 of the Criminal Code), which is 42% less than last year. However, no charges were brought and no cases were brought to court.

Even fewer cases were opened for unlawful seizure of enterprise property (Article 206-2) — only 11, which is more than half the number last year. Charges were brought in only one case, and no cases were brought to court.

At the same time, the Office for Combating Raiding, where victims file their complaints, reviewed 830 appeals during the same period. However, this is also 40% less than last year.

Most complaints concerned real estate — 676 (81%), while another 154 cases were related to business. It is worth noting that there were 43% fewer complaints about illegal seizure of real estate this year. As for business, complaints decreased by 15%.

While in 2024 most complaints were filed by businesses, this year the situation has changed. In 2025, half of the complaints were filed by individuals (411). Companies filed 232 complaints (28%), local authorities filed 162 (20%). The rest of the complaints were filed by state authorities and registration entities.

The vast majority of complaints (818 out of 830) were considered collegially. Of these, 247 were upheld (30%), 243 were rejected (30%), and 328 were left without consideration (40%). Ten complaints regarding businesses and two regarding real estate were upheld by individual decisions this year.

https://opendatabot.ua/analytics/raiders-2025

 

Kovalska expands its expertise and enters architectural services market

The Kovalska Group is establishing its own architectural and engineering studio and moving to a full design cycle using its own resources, according to the company’s press service.

“Previously, our team supervised and coordinated the work of external architects and designers, but now we will be developing projects from start to finish — from the initial sketch to the interior design. It is important for us that the architectural solution for each project reflects the high standards and style of Kovalskaya,” said Olga Pylypenko, executive director of the group.

The new architectural and engineering structure of the Kovalskaya Group brings together architects, engineers, designers, and constructors. The new division will provide a full design cycle: from concept to working documentation. Kovalskaya’s architecture and engineering services are now also available to external clients.

As noted in the release, in order to further strengthen its internal expertise and integrate best international practices into its projects, Kovalskaya will continue to collaborate with leading architectural studios around the world — no longer just as a customer, but as an equal partner in joint project development. Current partnership projects include the revitalization of the historic building of the former Kyiv Distillery in collaboration with David Chipperfield Studio and the NUVO business park, which is being created together with the Dutch firm MVRDV.

Among Kovalskaya’s own projects is the design of the group’s new plant in Rozvadov. According to Serhiy Grabars, chief architect of the Kovalskaya Group, the team focuses on leading global examples of architecture and implements the principles of sustainable development, taking into account both modern technologies and local characteristics.

The Kovalskaya Industrial and Construction Group has been operating in the Ukrainian construction market since 1956. It unites more than 20 enterprises in the field of raw material extraction, production, and construction. Its products are represented by the brands “Beton vid Kovalskoi,” “Avenue,” and Siltek. Kovalskaya’s enterprises operate in the Kyiv, Zhytomyr, Lviv, and Chernihiv regions. The aerated concrete plant in the Kherson region has not been operating since the beginning of the occupation.

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Foreign Minister: Countries that even covertly support Russian aggression will not be able to purchase Ukrainian weapons

Ukrainian Foreign Minister Andriy Sybiga said that the Foreign Ministry will play a role in relation to potential partners in the controlled export of Ukrainian weapons.

“Support for our defense industry is an absolute priority for our diplomacy. It includes three priorities. The first is more investment. The second is support for the president’s initiative on the possibility of exporting surplus products from our defense industry,“ Sybiga said during his opening remarks at the third International Defense Industry Forum (DFNC3) on Monday.

According to Sybiga, the Foreign Ministry ”will play its role here with regard to potential partners.”

“Those countries that today take a passive position on supporting Ukraine, that provide covert or overt support for Russian aggression, will certainly not be included in the list of partners who will be able to cooperate with Ukraine and Ukrainian companies in this area,” the head of the ministry said.

The third priority of the Foreign Ministry in supporting the Ukrainian defense industry, Sibiga added, is “to create a real multiplier effect from our weapons.” In particular, this refers to the creation of jobs for Ukrainian citizens in Ukraine.

“This, by the way, is also our integration into the European Union. The latest Eurobarometer says that it is precisely because of our contribution to security that we are most eagerly awaited as a future member of the EU,” the minister added.

https://interfax.com.ua/news/diplomats/1110142.html

 

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