Business news from Ukraine

Business news from Ukraine

Ukrainian parliament approves new government lineup

The Verkhovna Rada, at the suggestion of newly appointed Prime Minister Yulia Svyrydenko, approved the new lineup of the Cabinet of Ministers of Ukraine.

The appointment of government members was voted on at a plenary session on Thursday, which was held as a package (except for the Minister of Defense and the Minister of Foreign Affairs, whose candidates are nominated by the president), with 253 MPs voting in favor.

The online broadcast of the Ukrainian parliament session on YouTube is being conducted by MP Yaroslav Zheleznyak (Voice faction).
In particular, Mykhailo Fedorov was promoted to First Deputy Prime Minister of Ukraine – Minister of Digital Transformation (previously Deputy Prime Minister for Innovation, Education, Science and Technology – Minister of Digital Transformation).

The new Deputy Prime Minister for European and Euro-Atlantic Integration is former Deputy Minister of Economy and Trade Representative of Ukraine Taras Kachka.
The head of the large combined Ministry of Economy, Environment, and Agriculture is now Oleksiy Sobolev, former first deputy minister of economy of Ukraine (previously, the position of minister of economy was held by Svyrydenko, minister of environmental protection by Svitlana Grynychuk, and minister of agrarian policy by Vitaliy Koval). – Vitaliy Koval).

Another new official is former First Deputy Minister of Finance Denys Ulyutin, who heads the merged Ministry of Social Policy, Family, and Unity of Ukraine (previously, the position of Minister of Social Policy was held by Oksana Zholnovich, and Minister of National Unity – Oleksiy Chernyshov).

There are also several officials who remained in the new Cabinet but in new positions, including Herman Galushchenko, who became Minister of Justice (previously Minister of Energy), and Svitlana Grinchuk, who became Minister of Energy (previously Minister of Environmental Protection and Natural Resources).

In addition, Deputy Prime Minister for Recovery, Minister of Community and Territorial Development Oleksiy Kuleba, Minister of Youth and Sports Matviy Bedny, Minister for Veterans Affairs Nataliya Kalmykova, Minister of Internal Affairs Ihor Klymenko, Minister of Education and Science Oksen Lisovyi, Minister of Health Viktor Lyashko, and Minister of Finance Serhiy Marchenko retained their positions from the previous government.

In addition, on Thursday, Denys Shmyhal is to be appointed Minister of Defense, who will also oversee strategic industries (he previously held the post of Prime Minister), and Andriy Sybiga is to be reappointed Minister of Foreign Affairs.
At the same time, the Rada did not appoint a new Minister of Culture today because, as previously stated by the head of the ruling Servant of the People faction, Davyd Arakhamia, consultations on candidates are still ongoing.

Thus, the following positions in the new government were not filled: former Deputy Prime Minister for European and Euro-Atlantic Integration of Ukraine – Minister of Justice of Ukraine Olha Stefanishyna (the president appointed her as the special representative of the president of Ukraine for the development of cooperation with the US, while her candidacy for the post of ambassador to the US is being agreed upon) former Deputy Prime Minister – Minister of National Unity of Ukraine Oleksiy Chernyshov, former Minister of the Cabinet of Ministers Oleg Nemchinov, former Minister of Social Policy Oksana Zholnovich, former Minister of Agrarian Policy and Food Vitaliy Koval (may return to the post of head of the State Property Fund of Ukraine), former Minister of Culture and Strategic Communications Mykola Tochitsky (may become Ukraine’s permanent representative to the Council of Europe), former Minister of Strategic Industries German Smetanin (will head Ukroboronprom) and former Minister of Defense of

Ukraine Rustem Umerov (is being considered for appointment as Secretary of the National Security and Defense Council).

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2025 Canadian election results: Liberals win but form minority government

On April 28, 2025, federal elections were held in Canada, resulting in a victory for the Liberal Party led by Mark Carney, which won 155 seats in the House of Commons out of 343. However, this is not enough to form a majority, which requires 172 seats, meaning that a minority government will have to be formed or coalition agreements sought. Distribution of seats by party

Party                                          Leader                                               Seats      Change

Liberal Party                             Mark Carney                                        155      +3

Conservative Party                  Pierre Poilievre                                    133     +13

Bloc Québécois                         Yves-François Blanchet                      21       -11

New Democratic Party           Jagmeet Singh                                        5       -20

Green Party                              Elizabeth May and Jonathan Pedne    1        -1

Independents and others                                                                           28      —

Possible scenarios for forming a government

Given the results, the Liberal Party does not have an absolute majority and must seek support from other parties to form a stable government. Possible options:

Minority government: The Liberals may try to govern without a formal coalition agreement, securing the support of other parties on key issues.

Coalition with the New Democratic Party: Despite significant losses, the NDP could become a partner of the Liberals, as has happened in the past.

Cooperation with the Bloc Québécois: Although the Bloc Québécois lost some seats, its support could be critical for the Liberals, especially on issues related to Quebec.

Implications for the opposition

The Conservative Party, led by Pierre Poilievre, improved its position, winning 133 seats, but this was not enough to secure victory. Poilievre also lost his seat in the Carleton riding, which could affect his leadership of the party.

The New Democratic Party suffered significant losses, reducing its representation to five seats. Party leader Jagmeet Singh announced his resignation after losing in his riding.

The election took place against a backdrop of heightened tensions with the US, particularly after President Donald Trump’s statements about the possible annexation of Canada as the 51st state. Mark Carney strongly criticized Trump, stressing the need to protect Canadian sovereignty and strengthen national unity.

International leaders, including representatives from the UK, the EU, Ukraine, and China, congratulated Carney on his victory and expressed hope for stronger cooperation in trade, defense, and democratic values.

Earlier, the Experts Club think tank released a video analysis dedicated to the most important elections in the world in 2025. For more details, see here —

https://youtu.be/u1NMbFCCRx0?si=K4EMR3-a5cYQM_Ab

 

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Zelensky announced that soon government will launch contracts for recruitment of 18-24-year-olds into army

President Volodymyr Zelensky announced that the government will soon launch contracts for the recruitment of 18-24 year olds into the Armed Forces of Ukraine.

“Next week, the government intends to launch lucrative recruitment contracts to attract young people aged 18-24 – up to draft age – to the Armed Forces to help eliminate labor shortages,” he told Reuters.

However, Zelensky declined to say how many men are expected to sign up.

As reported, the special representative of US President-elect Donald Trump, Mike Volz, believes that to stabilize the front in Ukraine it is necessary to lower the mobilization age, which would allow to call into the army “hundreds of thousands of new soldiers”.

Earlier, Zelensky commented on the discussion on lowering the mobilization age in Ukraine, pointing to the understaffing of Ukrainian brigades and the lack of weapons.

 

 

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Government has appointed new acting director of state-owned enterprise Ukrspirt

The government has appointed Stanislav Banchuk as acting director of the state enterprise of alcohol and liquor industry “Ukrspirt”, according to the official website of the government.

“To agree with the proposal of the State Property Fund on the appointment of Stanislav Yaroslavovich Banchuk as acting Director of the state enterprise of alcohol and distillery industry “Ukrspirt”, – noted in the order of the Cabinet of Ministers № 386 from April 30.

On the website of the FGI and Facebook-page “Ukrspirt” so far there is no additional information about the new head. According to information on the Internet, a person with the same surname and initials was the deputy regional prosecutor of Chernivtsi region until 2014, after which he ran an individual law practice in Kyiv region.

According to Youcontrol, Banchuk S.Y. is the founder of a number of companies, in particular, Law Company Standard LLC, Gaztehkom LLC, Newest Energy Systems LLC, Trading House P.E.G.O., VOGA Resources LLC and SpetsOil LLC, which specialize in oil and gas trading.

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77% of Ukrainians believe that president is also responsible for corruption in government – poll

77.6% of the polled Ukrainians believe that the president is directly responsible for corruption in the government and military administrations.

This is evidenced by the data of a public opinion poll on the adaptation of Ukrainians to life in war conditions, conducted by the Kiev International Institute of Sociology in July by order of the Ilk Kucheriv Foundation for Democratic Initiatives.

“Delaying solutions to problems that undermine people’s faith in victory will also hit the president himself. The poll showed that according to 77.6% of citizens, “the president is directly responsible for corruption in the government, military administrations,” – said the executive director of the Foundation “Democratic Initiatives” Petro Burkovsky.

As the sociologist noted, “the widespread argument that ‘the government does not have time everywhere’ does not work after 16 months of war and will no longer play the role of an indulgence for abuse, indifference and incompetence of persons who were elected and appointed precisely so that they ‘had time to do everything and everywhere’ using their powers, all the more expanded under martial law.”

“That is, it is the officials who do not fulfill their duties that are no less a dangerous enemy at this stage than Russia. And citizens expect Vladimir Zelensky’s determination to remove such individuals from power, to listen to and promote performers who honestly point out problems and competently offer solutions,” Burkovsky continued.

“Therefore, the cleansing of the TCC from “invaluable personnel” should be a starting point, not a point in the process of change in the defense sector. In this case, we should not go the way of simple solutions. In particular, we can reasonably assume that the majority of citizens may support such a “simple idea” as “transferring military offenders to the front line.” However, can we trust weapons and soldiers’ lives to people who cynically peddled certificates to evade service? It is unlikely that such a decision will be supported in combat units. But the proposal to replace corrupt officials with veterans will resonate with the public,” summarizes the political analyst.

According to the survey, 72.9% of Ukrainians support the dismissal of wounded military personnel from the ranks of the AFU with the payment of all due compensation for treatment and rehabilitation, and 46.3% – transfer at will to positions in military commissions instead of current employees.

All-Ukrainian survey “Public and Political Attitudes of the Population of Ukraine” was conducted by the Kyiv International Institute of Sociology in July 2023 at the request of the Foundation for Democratic Initiatives. The survey was carried out by the method of personal interviews using a tablet. Donetsk and Luhansk oblasts were immediately excluded from the sample due to security issues. Kherson region was initially included for calculations, but due to security issues the task for Kherson region was implemented in the neighboring Mykolaiv region.

A total of 2011 interviews with respondents living in 135 localities of Ukraine were conducted as part of the study. Under normal circumstances, the statistical error of the sample does not exceed 3.3%

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Bulgaria again fails to form government

A representative of the Citizens for Democratic Development of Bulgaria-Union of Democratic Forces (GERB-UDS) coalition, Maria Gabriel, on Monday returned to President Rumen Radev a mandate to form a government, Bulgarian National Radio reported.
“The folder I am returning is empty because I will not allow it to contain the names of people who got there not through open and clear negotiations, but through backroom deals,” she said in a meeting with Radev.
Shortly before her meeting with the president, Gabrielle briefed the Bulgarian National Assembly. It was also attended by Nikolai Denkov of the Continuing Change-Democratic Bulgaria coalition.
According to Gabrielle, the two coalitions have worked out a formula based on reason rather than emotion in the last 48 hours. The two coalitions, in particular, came to an agreement to run the government on a rotating basis. The plan was for Denkov to lead the cabinet for the first nine months, with Gabrielle as foreign minister, and for the next nine months they would swap portfolios.
According to observers, the rotational management of the government, among other things, served as a stumbling block to the successful formation of the cabinet.

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