Business news from Ukraine

Business news from Ukraine

Bus registrations in Ukraine rose by 19% in June

Initial registrations of new and imported used buses (including minibuses) in Ukraine in June 2026 rose by 19% compared to the same month in 2025—to 183 units, according to a report by Ukravtoprom on its Telegram channel.

At the same time, compared to May of this year, demand for buses fell by 16%.
According to Ukravtoprom, the share of new vehicles in total bus sales in June continued to decline, reaching only 28%, compared to 48% last year and 31% in May of this year.

Last month, the most frequently registered new buses were Ataman models from the Cherkasy Bus plant (12 units), Ford (12 units), and ZAZ (11 units).
Among used buses, the top three were Mercedes-Benz (66 units), Volkswagen (12 units), and Van Hool (11 units).

In total, during the first half of 2026, Ukraine’s bus fleet was expanded by 1,230 buses (+4% compared to the same period in 2025). Of these: new buses – 500 units (-6%); used buses – 730 units (+12%).
As reported, citing data from “Ukravtoprom,” Ukraine’s bus fleet was expanded by 2,700 buses in 2025—21% more than in 2024—including 1,343 new buses (+4%) and 1,364 imported used buses (+44%).

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Azerbaijan has provided Ukraine with five buses for community needs

During a government visit, Azerbaijan provided Ukraine with five passenger buses as humanitarian aid for community needs, Ukrainian Foreign Minister Andriy Sibiga announced.

“Since 2022, Azerbaijan has repeatedly contributed to supporting the Ukrainian people. In particular, it has provided humanitarian aid worth over $45 million, including powerful generators, transformers, and critical equipment that helps maintain the operation of our energy system amid constant attacks,” he wrote on the social media platform X.

The minister noted that the country is also providing support to Ukrainian children.

“More than 500 Ukrainian children have participated in rehabilitation programs in Azerbaijan—this is especially valuable in the context of war. We deeply appreciate this solidarity, as it helps Ukraine stay on its feet and move forward,” Sibiga noted.

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Bus registrations in Ukraine rose by 41.8% in March compared to February

Bus registrations (new, imported used, and domestic resales) in March 2026 rose by 41.8% compared to February of the same year—to 553 units—though this is three buses fewer than the figure for March 2025, according to the Automotive Market Research Institute (AMRI).

“Domestic resales remain the main channel for vehicle sales (355 transactions), showing a 47.9% increase compared to February. However, on an annual basis (compared to March 2025), the market still lags by 9.9%, which is a consequence of the high operating costs of outdated models,” reads a post on the IAM website.

The Mercedes-Benz Sprinter remains the leader in resales (72 transactions), which, according to experts, has effectively monopolized the niche of suburban and intercity express transportation. Second place goes to the VDL Citea (46 transactions), which, according to experts, indicates active turnover of used European low-floor buses in the domestic market.

Third and fourth places are held by the Ukrainian brands “Etalon” and “Bogdan”—with 21 and 20 transactions, respectively. They hold positions in the school and budget commuter transport segment.

The import segment for used buses in March grew by 26% compared to February 2026, reaching 97 units (102 units in March 2025). More than half of the top five registrations are accounted for by Daimler Group products—led by the Mercedes-Benz Sprinter (31 units), with the Cirato and Vario models in second and third place (12 and 7 units, respectively).

“With diesel priced at 90 UAH/liter, carriers are opting for Euro-5 and Euro-6 compliant vehicles, which is a necessary condition for maintaining profitability on routes,” the report states.

The new bus segment (imports and Ukrainian production) totaled 101 units in March—68% more than in March of last year, but, as noted by the IDA, the main trend was the growth in imports of new vehicles (53 units—four times more than in February 2026), which for the first time in a long time exceeded domestic production volumes (48 units).

According to experts, the Isuzu Citiport (20 units) became the market leader, indicating the implementation of targeted programs to renew city fleets. Second place went to the new Ford Transit (17 units), which are used as social and corporate transport. Next are the Ukrainian “Etalon” and “Bogdan” – 12 units each.

“Domestic manufacturers (BAZ, ”Bogdan,” Ataman, ZAZ) recorded a 20% decline in production in March compared to February. The majority of the vehicles produced are small-class suburban models, which are traditionally purchased with budget funds. The positive year-over-year trend (+71.4% compared to March 2025) indicates a gradual resumption of factory operations following last year’s stagnation,” experts note.

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Bus market in Ukraine grew by 21% in March

Initial registrations of new and used buses (including minibuses) in Ukraine in March 2026 rose by 21% compared to the same month in 2025—to 247 units, according to a report by Ukravtoprom on its Telegram channel.

Compared to February of this year, demand for buses increased by 44.4%.
At the same time, new vehicles accounted for 52% of this volume, compared to 34% last year.

In March, no Ukrainian manufacturer made it into the top three among new buses; the most frequently registered buses were Isuzu (29 units), Ford (23 units), and Citroën (15 units).
Among used buses, the most frequently registered were Mercedes-Benz (57 units), Volkswagen (10 units), and Van Hool (9 units).

In total, 647 buses were added to Ukraine’s bus fleet in the first quarter of this year (+6% compared to the same period in 2025). Of these, 319 were new (+10%) and 328 were used (+2.5%).
As reported with reference to data from “Ukravtoprom,” Ukraine’s bus fleet was expanded by 2,700 buses in 2025—21% more than in 2024—including 1,343 new buses (+4%) and 1,364 imported used buses (+44%).

Sales of new buses in Ukraine fell to 10-year low in January

Initial registrations of new and used buses (including minibuses) in Ukraine in January 2026 decreased by 2%, or 4 units, compared to the first month of 2025, to 229 units, Ukravtoprom reported on its Telegram channel.

According to the association, new vehicles accounted for 48% of this volume (last year it was 64%).

“In terms of the number of new buses sold (109 units), this was the worst January figure in the last 10 years,” the report states.

At the same time, Ukravtoprom emphasizes that the January replenishment of the fleet with used buses (120 units) was a record since 2014.

Domestic vehicles were the most common among new buses registered in January, with ZAZ leading the way with 25 units, which ranked third in January 2025 with 27 vehicles.

In second place were Ataman buses from the Cherkasy Bus factory, which were the leader in January last year, with 20 units (36 units last year), and Bogdan buses rose to third place (17 units). Etalon buses from the Chernihiv Automobile Plant, which ranked second last year with 34 vehicles, did not make it into the top three.

Among used vehicles, as in January 2025, Mercedes-Benz buses were the most frequently registered – 45 units (25 units last year). They are followed by VDL – 13 units (15 units) and MAN – 9 units.

According to data from Ukravtoprom, Ukraine’s vehicle fleet in 2025 was replenished with 2,700 buses, which is 21% more than in 2024, including 1,343 new buses (+4%) and 1,364 imported used buses (+44%).

Rivne NPP purchases five Electron buses for UAH 90 mln

The ElectronMash plant (Lviv), which is part of the Electron corporation, and the Rivne NPP branch of the Energoatom National Nuclear Energy Company have signed a contract for the supply of five new large city buses for an estimated UAH 75.375 million (excluding VAT).

According to information in Prozorro, the agreement was signed on December 24 after ElectronMash was declared the winner of the relevant tender, in which it was the only participant.

According to the contract, with a total value of UAH 90.45 million (including VAT), the buses will be delivered within 245 calendar days from the date of receipt of the advance payment. A 30% advance payment (UAH 27.135 million) is provided for within 30 calendar days from the date of signing.

As reported, ElectronMash offered 12-meter low-floor Electron A18501 buses at a price of UAH 15.075 million (excluding VAT) each.

The buses were manufactured this year. They are equipped with a Cummins diesel engine that meets the Euro 6 environmental standard, a ZF automatic transmission, and an EBS system. Each bus is designed to carry more than 100 passengers (at least 30 seated), equipped with a folding ramp and seat belts in the passenger compartment to secure wheelchairs.

The Electron A18501 buses were first introduced by the manufacturer in 2016 and are currently in operation in Lviv and Uzhhorod.

The Rivne Nuclear Power Plant announced a tender for the purchase of five large buses on October 17 this year, with a delivery date of November 30, 2026. The auction was scheduled for October 28, but the customer postponed the deadline for submitting bids and its date several times.

As reported, the large Ukrainian bus manufacturer Etalon Corporation considered the tender conditions to be discriminatory, as they were written for the Turkish Temsa LF 12 bus, and also noted that for the announced price, it could offer seven Etalon buses instead of five. However, the customer did not change the tender conditions proposed by Etalon.

ElektronMash Plant LLC, in which Concern-Elektron JSC owns a 55% stake, specializes in the design and manufacture of trams, trolleybuses, electric buses, and city passenger buses, as well as aggregates and spare parts.

In 2024, the plant increased its net income by 87.7% compared to the previous year, to UAH 244 million, with a net profit of UAH 0.06 million, compared to UAH 0.9 million in 2023.

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