Ekipazh, a window manufacturer that currently ranks among the top three largest producers of PVC and aluminum windows and doors in Ukraine, plans to build a fourth plant in Odesa and increase its market share from 9–10% to 16% as part of its 2026–2031 development strategy, the company’s CEO and co-owner, Sergey Teplitsky, told the “Interfax-Ukraine” news agency.
“We have set ourselves an ambitious goal: to become the No. 1 manufacturer in Ukraine and confidently enter the European Union markets. We plan to achieve this through annual investments of 150 million UAH in production development and innovation—including our own tempering furnace and the production of tempered and triplex insulated glass units, seamless welding of laminated profiles, sliding systems, and new aluminum profile systems,” Teplitsky noted.
Currently, the company owns three plants: one in Zlatopol (Kharkiv Oblast) with an area of 21,000 square meters, one in Khmelnytskyi with an area of 42,000 square meters, and one in Brovary with an area of 9,000 square meters, as well as a separate facility for manufacturing double-pane windows. The total area of production facilities is 72,000 square meters. The main products are metal-plastic windows and doors, all-glass structures (tempered glass, triplex for interior partitioning and large facade glazing), as well as aluminum structures. Across its 21 production lines, the company is capable of manufacturing up to 4,000 units per day. By the end of 2025, 365,000 units had been manufactured, which is 4.3% more than in 2024.
Capital investments from 2013 to 2026 in low-value non-current tangible assets totaled approximately 27 million UAH, while investments in fixed assets amounted to 874 million UAH.
According to Teplitsky, all of the company’s profits are reinvested in development; given the security situation, a smaller portion of the funds is directed to the Kharkiv facilities, while the majority goes to Brovary and Khmelnytskyi. This involves not only new equipment but also, for example, energy independence. Specifically, solar power systems with a total capacity of about 1 MW have been installed on the roofs of the buildings, and the company plans to install an equal amount. The company also considered the possibility of installing a cogeneration plant—they prepared technical specifications, selected a plot of land, and assessed the conditions together with gas suppliers.
“If we decide to go ahead, we can install it in two to three months. The estimated investment is over $1 million, with a payback period of about six years,” Teplitsky said.
The strategy through 2031 calls for the construction of a fourth plant in the south of the country; the company is currently in the process of selecting a site. According to Teplitsky, the company is looking for sites in the Odesa region with an area of at least 5 hectares and a capacity of at least 1 MW of electricity; the future plant will be able to produce about 25,000 windows per month, with the potential for expansion. The estimated investment ranges from 600 to 700 million UAH, funded through a combination of the company’s own resources and loans. The company has had positive experience participating in the government’s “5-7-9” program and is basing its plans in part on that experience.
In recent years, overall window sales in Ukraine have declined significantly (from 5.2 million windows in 2021 to approximately 3.5 million last year), which is attributed to a decrease in the number of active real estate development projects. Despite this trend, the company reported a 28% increase in sales in 2026. This was achieved through investments in new technologies, a shift toward more affluent customers (middle-class and above), and the expansion of exports—measures that will help diversify risks and ensure stability and sustainability during wartime.
The company began its export operations in 2023, and by 2025, export revenue had reached approximately EUR2 million across more than 20 countries. Weekly shipments have already been established to four countries (Italy, Spain, the U.S., and Lithuania), and exports are also being made to Moldova, Poland, the Czech Republic, Slovakia, Hungary, Romania, Latvia, Estonia, Germany, the Netherlands, Austria, Switzerland, France, Slovenia, Croatia, and the UAE. The focus of export development over the next five years will be on EU countries. The company’s future plans include increasing the share of exports so that it exceeds domestic sales, developing its own brand, expanding production of tempered and laminated insulated glass units and sliding systems, and developing its aluminum division with new Procural profile systems and its own EKIPAZH AluLight line.
According to YouControl, Ekipazh PE was founded in 2000, with a registered capital of 101,251,145 UAH. At the end of the first quarter of 2026, net revenue from product sales amounted to 405,732,000 UAH, which is 3% more than during the same period last year, while net profit was 3,847,000 UAH (up 2%).
The ultimate beneficiaries are Sergey and Mikhail Teplitsky.
Foreign buyers purchased $45.3 billion worth of residential real estate in the U.S. between April 2025 and March 2026, a 19.1% decrease from the previous 12 months, according to a report released by the National Association of Realtors (NAR) on July 29, 2026. The number of properties purchased by foreigners fell by 14%—from 78,100 to 67,100. This is the second-
lowest figure since 2009, when the NAR began tracking these statistics. The median purchase price was $465,000.
NAR Chief Economist Lawrence Yun attributed the decline in activity to an overall reduction in international tourism and travel to the United States. According to him, even a slight weakening of the dollar, which boosted foreign buyers’ purchasing power, was unable to offset high prices and limited housing supply.
Among foreign buyers who abandoned planned transactions, 33% were unable to find a suitable property, 28% found prices too high, and 19% encountered difficulties related to immigration regulations. High mortgage rates, inflation, trade policy, and geopolitical uncertainty placed additional pressure on demand.
Canadian citizens accounted for 16% of all foreign purchases, acquiring 10,700 properties worth $5.2 billion. Mexico ranked second with a 14% share and 9,400 transactions totaling $5 billion.
Buyers from China dropped from first to third place in terms of the number of purchases, accounting for 11% of foreign demand. However, they retained the lead in total transaction value at $7.6 billion. The average price of a property purchased by Chinese buyers was approximately $1 million.
The top five groups of foreign buyers also included citizens of India, with a 9% share and $3.7 billion in transactions, as well as the United Kingdom—4% and $1.2 billion, respectively.
Florida retained its status as the most popular destination for foreign buyers, accounting for 20% of all transactions. California accounted for 19%, Texas for 12%, and New Jersey and Georgia for 4% each. Foreign buyers continued to focus on the higher-end segment of the market. The median price of the homes they purchased was $465,000, compared to $413,600 for all existing-home transactions in the U.S. About 15% of foreign buyers purchased properties valued at over $1 million. Nearly half of the transactions—48%—were paid for entirely in cash, while among all U.S. homebuyers, this figure stood at 28%. Foreign buyers purchased about half of the properties for vacation use, rental income, or a combination of these purposes.
According to NAR statistics, foreign buyers include both non-residents who permanently reside outside the U.S. and recent immigrants and holders of non-immigrant visas who have been living in the country for more than six months. Non-residents purchased 29,500 properties worth $23.5 billion, while foreign nationals residing in the U.S. purchased 37,600 properties worth $21.8 billion.
The National Association of Realtors (NAR) brings together professionals in the residential and commercial real estate markets. The study of international transactions is based on a survey of association members and has been published annually since 2009.
On Thursday, July 30, Kyiv will host the Ukrainian Investment Congress and the 17th All-Ukrainian Annual Architectural Competition “Interior of the Year 2026.”
The event will take place on the third floor of the “Parkovy” Congress and Exhibition Center at 16a Parkova Road.
The Ukrainian Investment Congress is positioned as a professional platform for investors, developers, representatives of the construction industry, architects, designers, and company executives operating in the Ukrainian real estate market to meet.
According to the organizers, the congress program is expected to attract over 6,000 visitors and more than 100 speakers, feature 15 panel discussions, and include over 50 exhibition booths. The main objectives of the event are to identify partners and investors, present new projects and technologies, develop business contacts, and discuss the prospects of the Ukrainian investment and construction market.
At the same time, the Parkovy Exhibition and Convention Center will host the 17th All-Ukrainian Annual Architecture Competition “Interior of the Year 2026,” organized by the DMNTR media group. The competition brings together interior designers, architects, developers, entrepreneurs, and investors and aims to promote completed architectural and interior design solutions.
The competition features projects for residential interiors of various sizes, private homes, offices, commercial spaces, HoReCa establishments, and public and administrative buildings. Separate categories are dedicated to product design, landscape architecture, lighting, and unbuilt projects and visualizations.
The organizers note that the competition aims to showcase solutions that increase the added value of real estate properties, facilitate their sale, and set new quality standards for residential and commercial spaces.
The event program and registration are available on the website: www.ibc-ua.info/program.
Contact numbers:
+380 77 777 25 47
+380 44 461 91 28
Venue: “Parkovy” Exhibition and Convention Center, 16a Parkova Road, Kyiv, third floor.
Interfax-Ukraine is the information partner.
ARCHITECTURE, CONGRESS, DMNTR, INVESTMENT, KYIV, Parkovy, REAL ESTATE
The growth potential for the market capitalization of Transcarpathia’s tourism clusters over the next three years could reach 40–50%, and 60% for the Skole District in Lviv Oblast, according to the study “Promised vs. Real” by Ribas Invest and Ribas Hotels Group.
As explained to the “Interfax-Ukraine” news agency, this level of market capitalization is driven by growing tourism demand in regions where competition among professional developers remains minimal.
“The market has learned to look not where everything has already been built, but where infrastructure is just taking shape. The difference in land prices between overheated and new locations is now as much as tenfold—this is the ‘window’ for entry before capital floods in,” explained Artur Lupashko, founder of Ribas Hotels Group.
As part of a comprehensive audit of Ukraine’s hotel and recreational development sector, Ribas Invest has identified clusters of locations where entry costs have not yet peaked, despite rapidly growing demand. These include, in particular, the Sinyak–Pylypets–Podobovets corridor in Zakarpattia, the Skole–Tukhlya corridor in Lviv Oblast, and the Kaniv–Cherkasy corridor along the Dnipro River.
According to the study, the average price per 100 square meters of land in the village of Polyanytsia (Bukovel) is $25,000–45,000, in Pylypets—$3,500–6,000, and in the Skole District—$1,500–3,000. The difference in land prices between these locations reaches 1,000%, while the cost of renting a ready-to-use room differs by only 20–25%.
Researchers also note that by 2026, Zakarpattia will have upgraded rail and road logistics, which will make the region comparable to Ivano-Frankivsk in terms of accessibility—at one-third the cost of assets.
Other promising destinations include the Shatsk–Svitiaz lake region in Volyn, the suburbs of Kyiv, and the Odesa coast, where demand is driven by the desire for safe suburban getaways and energy-independent real estate.
Ribas Hotels Group—founded in 2014 in Odesa—is an international full-cycle hotel management company and a hotel business ecosystem. It integrates the entire process—from site selection, design, and construction to management, franchising, and investment.
Ribas Hotels Group is the only hotel group that independently handles all stages of creating and developing hotel projects.
The company’s portfolio includes 56 projects currently under construction, in the launch phase, or under management, including locations in Ukraine, Poland, Turkey, and Bali. The company develops 3-, 4-, and 5-star city and resort hotels under the brands Ribas Hotels, Ribas Rooms, WOL home + hotel, and Mandra Moments.
The operator’s total room inventory exceeds 1,000 rooms.
HOTEL, INVESTMENT, RIBAS, Skole District, TOURISM, ZAKARPATTIA
The Ukraine-Philippines Business Forum, attended by more than 65 representatives of companies, government agencies, financial institutions, law firms, and business associations from both countries, took place on July 23 in Makati City, Philippines.
The event opened with video messages from Ukrainian Foreign Minister Andriy Sybiga and a speech by Philippine Deputy Minister of Trade and Industry Seferino Rodolfo.
Participants discussed opportunities for developing bilateral cooperation in the agri-food sector, information technology, digital services, the food industry, creative industries, as well as in the defense sector and the field of dual-use technologies.
During the forum, the business environment in Ukraine and the Philippines was presented, along with financial and legal tools for foreign companies, the results of Ukraine’s digital transformation, and the capabilities of Ukraine’s defense-industrial complex.
Representatives from the Makati Business Club, the Nordic Chamber of Commerce of the Philippines, the European Chamber of Commerce of the Philippines, and the Philippine Chamber of Commerce and Industry discussed market access, attracting investment, and developing direct contacts between companies with entrepreneurs. These organizations, together with the Ukrainian Embassy, served as partners for the forum.
The event concluded with bilateral B2B matchmaking sessions, during which Ukrainian and Philippine companies were able to discuss specific projects and areas for further cooperation.
The forum was the centerpiece of the Ukrainian business mission to the Philippines, scheduled for July 23 through August 1, 2026. Its goal is to expand the presence of Ukrainian companies in the Philippine market and in Southeast Asia as a whole.
In the first half of 2026, Nestlé in Ukraine increased its sales in the country by 19.3% in value (in hryvnia) and by 10% in volume, to 56,000 metric tons, while the entire Ukrainian FMCG market in the categories where the company operates grew by 15% in value and 6% in volume during this period, according to Roman Yanovich, CEO of Nestlé in Ukraine and Moldova.
“This is a signal to invest,” he said, commenting on these results at a briefing in Kyiv on Thursday, and explained that overall, the Nestlé Group increased its global sales by 3.6% in the first half of this year, meaning that Ukraine is a growth driver for the company.
According to him, in the first half of 2026, the company invested 5 billion UAH in its operations in Ukraine, of which 200 million UAH went toward developing factories in Ukraine and 4.8 billion UAH toward developing product categories.
“Having invested 5 billion hryvnia in the first half of the year, we plan to invest an amount comparable to last year’s—10 billion hryvnia—by the end of 2026 to ramp up production and maintain the growth momentum we’ve achieved,” said the CEO.
He clarified that investments in factory development are expected to total 1 billion hryvnia based on this year’s results.
According to the CEO, in the confectionery category, sales growth for all players in the Ukrainian market in January–June of this year was 18% in hryvnia and 6% in volume; for prepared foods, 12% and 2%, respectively; for instant coffee, 16% and 4%; infant formula—20% and 7%, other children’s foods—20% and 10%, and animal feed—20% and 10%.
According to him, the market for coffee capsules is growing particularly rapidly—by 30% in value and 16% in volume. This market is small but has the potential to double or triple in size, Yanovich noted.
The CEO noted that Nestlé currently holds approximately half of the Ukrainian ketchup market under the “Torchin” brand and the cocoa market under the Nesquik brand, as well as one-third of the sauce market under the “Torchin” brand.
He added that as part of global campaigns, products under the Felix and ProPlan brands in the pet food category and KitKat in the confectionery category are currently being actively promoted in Ukraine, while local campaigns focus on the “Svitloch,” “Torchin,” and “Mivina” brands, as well as Dolce Gusto coffee capsules and Nesquik.
In addition, during the briefing, company representatives announced plans to expand this year’s culinary product line—which already includes more than 100 items—by approximately 20%. The “Asian line” is growing at the fastest rate—20–25%—while the category of instant noodles in cups is seeing triple-digit growth.
According to Yanovich, there is potential for improvement in the “Svitloch” brand and the coffee business, where the company aims to move up from second place to first, a position currently held by Jacobs.
The CEO stated that due to the increase in enemy shelling of warehouses, logistics is currently the top priority; therefore, the company has developed a plan to deliver goods directly to the supermarket chain without involving its distribution centers in the event of a critical situation.
He cited a labor shortage as another problem, which forced one of the company’s facilities to raise salaries by 30%. At the same time, Yanovych noted that although the company had considered options for hiring foreign workers, it is still trying to recruit staff specifically from among Ukrainians.
Yanovich also reported that in the first half of 2026, charitable donations totaled over 120 million hryvnia, and since the start of the full-scale war, the company has provided charitable aid totaling over 2 billion hryvnia.
Nestlé began operations in Ukraine in 1994 with the opening of a representative office. In 1998, it acquired a controlling stake in CJSC “Lviv Confectionery Factory ‘Svitloch,’” and since 2018, it has owned 100% of the company’s shares. In May 2003, Nestlé Ukraine LLC was founded in Kyiv, and by the end of that year, Nestlé had acquired 100% of the shares in Volyn Holding.
In 2010, Nestlé SA acquired Technocom LLC in Kharkiv, a manufacturer of instant foods under the “Mivina” brand. In 2012, Nestlé Business Service (NBS Europe) was established in Lviv; it is one of Nestlé’s seven service centers worldwide and provides support services to Nestlé divisions in more than 40 countries.
During the war, Nestlé invested EUR43 million in the construction of its fourth factory in Ukraine—in Smolygiv, Volyn Oblast—for the production of pasta, which opened in April 2025, and plans to increase its investment in the facility to EUR70 million by the end of 2027.
Nestlé’s business in Ukraine encompasses the following segments: coffee and beverages, confectionery, prepared foods (cold sauces, seasonings, soups, instant foods), infant and specialized nutrition, ready-to-eat breakfasts, and pet food.
FMCG, INVESTMENT, NESTLE, SALES, UKRAINE
