Business news from Ukraine

Business news from Ukraine

Ukrainian carriers will be able to receive up to 15% compensation for investments made to meet EU standards

Ukrainian transport companies may receive compensation amounting to 10–15% of their investments in the modernization of vehicles and equipment to meet European Union standards, according to Gabriel Blanc, head of the working group on Ukraine’s reconstruction at the European Commission’s Directorate-General for Enlargement and Eastern Neighborhood.

According to “Interfax-Ukraine”, this mechanism applies to companies that take out loans from Ukrainian banks and invest in technologies that meet EU standards.

“We have what is known as a cashback mechanism: if a company takes out a loan from a Ukrainian bank and invests in technologies that meet EU standards, we can offer a refund of 10–15% of the investment amount,” Blanc noted during the event “Regional Business Dialogues on European Integration: The Transportation Sector” in Lviv.

According to him, Ukraine has currently fully implemented less than 10% of EU transport rules and standards, and has partially implemented less than half. Key tasks include harmonizing social and market regulations in the road transport sector, strengthening enforcement of compliance, and developing inspection and investigation bodies for rail and water transport.

Among the investments that Ukrainian carriers may need to make in order to operate according to European standards, Blanc cited the installation of second-generation smart tachographs, the purchase of Euro 6-compliant vehicles, and compliance with driver working time requirements. He noted that for small and medium-sized enterprises, such costs can be substantial, especially during wartime.

At the same time, the European Commission views this modernization as an investment in Ukrainian businesses’ future access to the EU transport market and their long-term competitiveness.

Support for transportation companies can be provided both directly to large Ukrainian enterprises and through banks. Currently, the ten largest Ukrainian banks are utilizing risk-sharing mechanisms, which helps reduce credit risks, particularly for small businesses, enterprises in frontline regions, and relocated companies.

The total portfolio under the risk-sharing mechanism already exceeds EUR 6 billion. The EU plans to further scale up financing programs for Ukrainian companies that are investing in bringing their operations into compliance with European standards.

, , , ,

EU Does Not Want to Increase Agricultural Quotas for Ukraine — Ukraine’s Minister of Agrarian Policy and Food

The European Union is not yet ready to review the volume of quotas for Ukrainian agricultural products, but Ukraine will continue the dialogue on expanding them, particularly with regard to bioethanol, said Minister of Agrarian Policy and Food Taras Vysotsky at a briefing on Thursday.

“The current socio-political situation in the EU does not allow for a review of agricultural product quotas in any category. We will nevertheless continue the dialogue and make our case for what is important,” he said.

According to the minister, one of the areas where Ukraine considers it appropriate to review the quota is bioethanol. Among his arguments, he cited the reduction in EU corn production for bioethanol to about 15 million metric tons and the European Union’s continued imports of corn.

“Essentially, increasing the quota is really just a way to allow the export of bioethanol, which will then be re-exported to Ukraine,” Vysotsky noted.

The head of the Ministry of Agrarian Policy added that Ukraine imports gasoline from the EU that contains about 7% bioethanol.

“We are requesting a quota to export approximately the same amount of bioethanol that Ukraine already imports as part of fuel—in gasoline from the European Union—plus 60,000 metric tons,” the minister explained.

, , , ,

Netherlands, Croatia, Estonia, Lithuania, and Latvia have called for pause in Montenegro’s EU accession process

According to the “Serbian Economist,” five EU countries—the Netherlands, Croatia, Estonia, Lithuania, and Latvia—have called for a pause before closing the remaining negotiation chapters with Montenegro, reports the Podgorica-based newspaper Dan, citing diplomatic sources in Brussels.

The Netherlands initiated the move, demanding further analysis of Montenegro’s compliance with European criteria and a more consistent application of established standards. Croatia and the three Baltic countries subsequently joined this position.

This has already affected the negotiation schedule. The EU–Montenegro intergovernmental conference scheduled for September—at which Podgorica had hoped to close new chapters—will not take place.

However, Brussels’ official line is more conciliatory. An EU representative stated that several countries have not yet completed their internal approval procedures, as many negotiation chapters are technically complex.

“The desire to make progress is there. The work is practically complete. It’s more a matter of timing than anything else,” the EU representative said.

The most optimistic scenario at the moment is that the next intergovernmental conference will be held in mid-October in Luxembourg.

Montenegro remains the candidate that has made the most progress in the EU accession process. The country has opened all 33 negotiation chapters, 18 of which have already been provisionally closed. The last conference took place on July 14, when Chapters 8 (“Competition Policy”) and 29 (“Customs Union”) were closed.

Croatia’s position remains a separate issue. In July, Zagreb refused to agree to the closure of Chapter 14, “Transport Policy,” primarily due to issues regarding cabotage and aviation permits. Croatia also continues to block Chapter 31, “Foreign Policy, Security, and Defense,” due to unresolved bilateral issues with Montenegro.

The Council of the EU officially confirms that Montenegro’s progress continues and that work on new negotiating positions is ongoing.

, , , ,

EU Issued  Record 3.9 Million First-Time Residence Permits to Foreigners in 2025 — Eurostat

According to Experts Club, EU countries issued approximately 3.9 million first-time residence permits to third-country nationals in 2025, which is 10.1%, or 355,350, more than in 2024.

This was the highest figure since Eurostat began compiling comparative statistics in 2008.

Labor migration was the main driver of this growth. The number of first-time work-related permits increased by 179,700, or 16.1%, over the year, reaching approximately 1.3 million. Work-related permits accounted for 33.6% of all first-time residence permits issued.

The number of permits issued for family reasons rose by 14.1%—to approximately 1.1 million, or 28.1% of the total.

Another 600,000 residence permits, or 15.5%, were issued for educational purposes. Their number increased by 9%.

About 22.8% of permits were issued on other grounds, including international protection. In this category, the number of residence permits decreased by 0.9%.

Ukrainian citizens constituted the largest group of first-time permit recipients—335,100—followed by India with 227,600 and Morocco with 202,100.

Spain led all EU countries in the total number of new permits, issuing 635,400 residence permits.

The data does not include individuals under temporary protection, including the millions of Ukrainians who fled the country after the start of the full-scale war.

https://www.experts.news/posts/yes-vydav-rekordni-39-mln-pershykh-dozvoliv-na-prozhyvannya-inozemtsyam-u-2025-rotsi-eurostat

 

, , , ,

Ukrainians Became Largest Group of Recipients of First-Time Residence Permits in EU in 2025 — Eurostat

According to Experts Club, Ukrainian citizens received 335,100 first-time residence permits in European Union countries in 2025, ranking first among citizens of all non-EU countries, according to Eurostat data.

Ukrainians accounted for 8.7% of all first-time residence permits issued in the EU to third-country nationals. Citizens of India ranked second with 227,600 permits, or 5.9%, while Morocco ranked third with 202,100 permits, or 5.2%.

Compared to 2024, the number of first-time residence permits issued to Ukrainians increased by 13.6%. A year earlier, there were about 295,000. Thus, despite the continuation of the temporary protection mechanism, the flow of Ukrainians who are transitioning to or initially applying for other grounds for legal residence in the EU remains significant.

The main reason Ukrainians obtained their first residence permit was employment. According to Eurostat, approximately two-thirds of the permits issued to Ukrainian citizens in 2025 were related to employment.

Poland remained the primary destination: it accounted for 72% of all first residence permits issued to Ukrainians in the EU.

At the same time, Eurostat specifically notes that these figures do not include individuals benefiting from temporary protection in connection with Russia’s full-scale invasion of Ukraine. Temporary protection is accounted for in separate statistics; therefore, the 335,100 permits reflect other grounds for residence—primarily work, family, education, and other categories.

In total, EU countries issued approximately 3.9 million first-time residence permits to third-country nationals in 2025.

, , , , ,

Five Caribbean countries are preparing for negotiations with EU on future of citizenship-by-investment programs

According to the Relocation project, five Eastern Caribbean nations—Antigua and Barbuda, Dominica, Grenada, Saint Lucia, and Saint Kitts and Nevis—plan to send a joint delegation to Brussels for negotiations on the future of citizenship-by-investment (CBI) programs, Prian reports, citing Investment Migration Insider.
Dominica’s Prime Minister Roosevelt Skerrit stated that the negotiations are scheduled to take place toward the end of September 2026, although the exact date of the meeting has not yet been agreed upon. The delegation expects to hold consultations with the leadership of the European Commission, the European Council, and the European External Action Service.
The decision to launch the joint mission was made on July 10 at a meeting of leaders from the Eastern Caribbean at Roseau, Dominica. In an official statement, the meeting participants emphasized the economic importance of investment citizenship programs for small island states and the need to take into account their dependence on CBI-related revenues.
The negotiations are taking place against the backdrop of the European Union’s hardline stance on such programs. As previously reported, on June 25, European Commissioner for Home Affairs and Migration Magnus Brunner sent a letter to Antigua and Barbuda proposing that the investment citizenship program be phased out by June 1, 2028, with a 24-month transition period. According to industry sources, similar demands were also sent to four other countries.
The reason for the pressure from Brussels is primarily linked to visa-free access for citizens of these countries to the Schengen Area. The updated EU mechanism allows for the existence of a program that grants citizenship in exchange for investment—without the applicant having a substantial connection to the country—to be considered grounds for suspending the visa-free regime. EU documents also emphasize the need to strengthen vetting of applicants and to phase out such schemes.
As early as September, Caribbean states are to strengthen vetting of candidates and completely exclude individuals subject to EU sanctions from these programs. At the same time, the countries are working to establish a single regional supervisory body—Eastern Caribbean Citizenship by Investment Regulatory Authority (ECCIRA). The decision to form a common regulator was adopted by five states back in 2025.
ECCIRA is expected to set common standards for vetting investors, monitor the activities of national programs, and facilitate the exchange of information between countries. The regulator’s headquarters is to be located in Grenada.
Citizenship-by-investment programs remain an important source of revenue for small Caribbean economies. Foreigners can obtain citizenship after making a specified contribution to a government fund or investing in approved projects, particularly in real estate. As of 2026, all five programs continue to accept applications, and the minimum investment threshold starts at approximately $200,000, although specific requirements vary by country.
Caribbean governments intend to persuade the EU not to abruptly terminate the programs and are proposing that the EU take into account their role in financing infrastructure, climate projects, education, healthcare, and recovery from natural disasters.
According to Skerrit, the goal of the upcoming mission is to work with Brussels to find “practical and mutually beneficial solutions” that will allow for both the EU’s security requirements and the interests of small island economies to be taken into account.

https://relocation.com.ua/five-caribbean-countries-are-preparing-for-negotiations-with-the-eu-on-the-future-of-citizenship-by-investment-programs/

 

, , , ,