Business news from Ukraine

Business news from Ukraine

How Ukrainians perceive world: results of sociological survey

In April, the sociological company Active Group, together with the Experts Club information and analytical center, conducted a public opinion survey on international sympathies of Ukrainians. The survey was conducted online among 800 respondents, representative of age, gender and regions. The purpose of the study was to find out which countries enjoy the greatest trust and sympathy in Ukrainian society.

“This study confirms the general vector of public sentiment in Ukraine, which has intensified since the outbreak of a large-scale war. Ukrainians clearly associate the support received primarily from the European Union and the United Kingdom with a positive attitude towards them,” said Alexander Poznyi, co-founder of Active Group, at a press conference at Interfax-Ukraine on Thursday.

According to the survey, Ukrainians have the most positive attitude towards the UK – 77.2% of respondents gave positive answers, Canada (76.3%) and France (74%). It is particularly significant that only 1.1% of respondents were completely negative about France. Germany currently enjoys the support of 68.8% of Ukrainians. According to Oleksandr Poznyi, the high level of trust in this country is primarily determined by long-term support for Ukrainian reforms and the defense industry, policy toward Ukrainian refugees, and other initiatives.

Ukrainians have a moderately positive attitude toward the United States of America: 36.1% of respondents assess the United States positively, while another 31.2% are neutral. On the other hand, almost a third – 29.9% – have a negative attitude toward the country. According to experts, these results indicate a deep polarization in the perception of the United States within Ukraine, which is caused by changes in American policy after the new administration came to power.

“For many Ukrainians, the United States is still a guarantor of support, but it is also a country with an ambivalent role in global conflicts, which can cause a mixed reaction in society,” said Maksym Urakin, founder of Experts Club.

Ukrainians are quite critical of Hungary (56% negative attitude) and Slovakia (34.6% negative).

“Such results are not unexpected – the official rhetoric of Budapest and Bratislava often diverges from the interests of Ukraine and is seen as pro-Russian, which cannot but be reflected in public opinion,” commented Oleksandr Poznyi.

The situation with China is no better: 42.8% of Ukrainians have a negative opinion of this country, while only 19.6% have a positive one. At the same time, 27.6% chose a neutral answer.

“It is particularly interesting that even Ukraine’s economically important partners, such as China (the largest trading partner), receive low support ratings among Ukrainians. This indicates that Ukrainian society places moral support above actual trade and does not recognize “neutrality” unless it is accompanied by humanitarian gestures,” said Maksym Urakin.

There is a high level of trust in Japan: 66% of respondents have a positive attitude, while only 3.6% have a negative attitude. Japan is perceived as a country with a high cultural reputation and technological leadership. South Korea also has a positive attitude from 49.7% of Ukrainians, although the level of negativity is slightly higher at 14%.

Turkey, despite partnership projects (particularly in the field of drones), has a rather ambiguous perception: 46.4% of respondents have a positive attitude toward it, and 12% have a negative attitude.

Ukrainians have a favorable attitude toward Brazil, with 33.3% positive versus 9.3% negative, and mostly neutral attitudes toward other Latin American countries. This, according to Oleksandr Poznyi, indicates a neutral interest rather than a clearly defined position.

Regarding Saudi Arabia, 25.2% of Ukrainians have a positive attitude, and 9.5% have a negative attitude. The rest of the respondents either have a neutral position or refrained from answering.

“These countries are trustworthy due to their efforts to achieve peace in Ukraine, including prisoner exchanges, and also act as a negotiation platform, and they are also of interest in the economic sphere,” Urakin said.

According to Mr. Poznyi, the findings of the study are an indicator of international trust and the potential for the development of bilateral relations between Ukraine and other countries.

Maksym Urakin, in turn, added that the image of states in the perception of Ukrainians can be improved by supporting projects to restore Ukraine (even without military involvement), establishing direct dialogue through embassies and public diplomacy projects, explaining their position through the historical context without avoiding publicity.

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Industrial production in Croatia at beginning of 2025: moderate growth amid instability

Experts Club has published a study on the dynamics of industrial production in Croatia and its trends in recent years. In the beginning of 2025, industrial production in Croatia shows moderate growth, despite fluctuations in previous months. According to the Croatian Bureau of Statistics, industrial production increased by 5.4% in February 2025 compared to the same period of the previous year. This is a slowdown compared to January 2025, when growth was 7.6%.

The following industries recorded the highest growth in February 2025.

  • Energy: up 27.8%
  • Production of capital goods: up 13.4%.
  • Production of intermediate goods: up 1.0%.

At the same time, consumer goods production declined:

  • Durable consumer goods: down 5.0%
  • Nondurable consumer goods: down by 3.0%.

Monthly trends

Compared to January 2025, industrial production fell 3.9% in February. This is the first decline in the last three months, indicating instability in the industrial sector.

Historical dynamics of industrial production (2000-2024)

Below are the dynamics of industrial production in Croatia for the period from 2000 to 2024:

  • 2000: growth of 4.6%
  • 2001: growth of 3.8%
  • 2002: growth of 1.7%
  • 2003: growth of 1.8%
  • 2004: growth of 2.1%
  • 2005: growth of 5.1%
  • 2006: growth of 4.5%
  • 2007: growth of 5.6%
  • 2008: growth of 1.6%
  • 2009: decrease of 9.2%
  • 2010: decrease of 1.5%
  • 2011: decrease of 1.2%
  • 2012: decrease by 5.5%
  • 2013: decrease by 2.0%
  • 2014: increase of 1.3%
  • 2015: increase by 2.7%
  • 2016: up by 5.0%
  • 2017: up 1.9%
  • 2018: decrease of 0.3%
  • 2019: growth of 0.5%
  • 2020: decrease of 3.4%
  • 2021: growth of 9.6%.

These data reflect fluctuations in Croatia’s industrial production over the last 25 years, with periods of both growth and decline.

Source: https://expertsclub.eu/prom%d1%8bshlennoe-proyzvodstvo-v-horvatyy-v-nachale-2025-goda-umerenn%d1%8bj-rost-na-fone-nestabylnosty/

 

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Inflation in Romania in 2025: trends, challenges and prospects

Experts Club Information and Analytical Center has analyzed the inflation rate and its trends in Romania in recent years. Inflation in Romania in 2025 continues to show a moderate decline, while remaining above the National Bank’s target level. According to the National Institute of Statistics, in March 2025, annual inflation amounted to 4.86%, down from 5.02% in February.
Main components of inflation in March 2025.
Food products: price increase by 5.10%
Non-food products: increase by 3.84%
Services: up 6.99%
The greatest pressure on the overall price level is exerted by services, especially health care, education and utilities.
Historical inflation dynamics
To understand current trends, let’s look at the inflation rate in Romania in recent years.
2021: 5.05%
2022: 13.80%
2023: 10.40%
2024: 5.60%
These data show a significant increase in inflation in 2022, driven by global economic turmoil, and a gradual decline thereafter.
According to the European Commission’s forecasts, inflation in Romania is expected to continue to decline, reaching 3.4% by the end of 2025. However, risks related to fiscal policy and possible changes in tax legislation remain.
Romania’s central bank is taking a cautious approach, aiming to reduce inflation without damaging economic growth. With upcoming elections and increased public spending, the scope for further interest rate cuts is limited.

 

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Conservative Party of Canada promises to transfer $22 bln worth of frozen Russian assets to Ukraine

The leader of the Conservative Party of Canada, Pierre Poilievre, said that his future government would transfer frozen Russian assets worth $22 billion to Ukraine, the official website of the Conservative Party of Canada reported on Friday.

According to Poilievre, these funds will be used to support Ukraine in its fight against Russian aggression, as well as to restore infrastructure after the destruction caused by the war.

“The Conservatives have always been proud to support our Ukrainian allies… The Conservatives were the first to introduce the Sergei Magnitsky Act, which made it possible to impose sanctions on Russian oligarchs after Putin’s illegal and unprovoked invasion of Crimea,” Poilievre said.

He reminded that Moscow’s war against Ukraine did not begin in 2022, but almost eight years earlier. After that, the Conservative government of Stephen Harper sent troops to Ukraine as part of Operation UNIFIER and helped to expel Russia from the G8.

Poillevre criticized the current Liberal government for its inaction on the transfer of frozen assets, emphasizing that the Conservatives would act quickly.

“Three hours after the start of the full-scale Russian invasion of Ukraine, I spoke at a rally of the Ukrainian community in Ottawa: ‘Canadians stand in full solidarity with you, and we will always be with you. Three years later, our commitment has not wavered. Glory to Ukraine,” Poilievre said.

Early parliamentary elections in Canada are scheduled for April 28. The Conservatives are currently in opposition.

Earlier, the Experts Club think tank released a video analysis on the most important elections in the world in 2025, see more here – https://youtu.be/u1NMbFCCRx0?si=vtEMJXzfMcggWsD2

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

 

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Rolled steel production in Ukraine increased by 3.3% in Q1 2025

Ukraine increased its production of total rolled products by 3.3% in January-March 2025 compared to the same period last year to 1.435 million tons, according to Ukrmetallurgprom.

In March, the company produced 478.4 thousand tons of rolled products, slightly higher than in February (476.9 thousand tons).

In 2024, the company produced 6.222 million tons of rolled products (+15.8% compared to 2023), 5.372 million tons (+0.4%) in 2023, and 19.079 million tons in 2021. In 2022, production decreased by more than 70%.

The Experts Club Information and Analytical Center has recently presented a video analysis of the top 20 steel producing countries – https://youtube.com/shorts/j7Yev2HCS4o?si=lfmGJ5jrx8036z1U

 

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Steel production in Ukraine increased by 2.7% in Q1 2025

According to Ukrmetallurgprom’s operational data, Ukrainian steelmakers produced 1.733 million tons of steel in Q1 2025, up 2.7% year-on-year.

In March, production amounted to 550.5 thousand tons, slightly lower than in February (571.8 thousand tons).

In total, Ukraine produced 7.575 million tons of steel in 2024 (+21.6% compared to 2023), and 6.228 million tons in 2023 (-0.6%). In 2021, the figure reached 21.366 million tons.

The Experts Club Information and Analytical Center has recently presented a video analysis of the top 20 steel producing countries – https://youtube.com/shorts/j7Yev2HCS4o?si=lfmGJ5jrx8036z1U

 

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