Business news from Ukraine

Business news from Ukraine

Developers and investors will gather in Odessa for Odesa Investment Congress 2026

The Odesa Investment Congress 2026, dedicated to Ukraine’s investment potential and a new regional development strategy, will take place on July 10, 2026, in Odesa, the event organizers announced.

The UBC national-level congress, organized by the DMNTR media group, will be held in Odesa for the first time. SPATIUM Group will serve as the event’s general partner.

The Odesa Investment Congress will bring together developers, investors, architects, urban planners, government officials, representatives of the banking sector, business leaders, brokers, designers, and the international community.

The congress will focus on investment trends for 2027–2030, new regions for development, investment opportunities, project risks and return on investment, the preservation of UNESCO heritage in the context of modern urban development, accessibility, the redevelopment of industrial zones, apart-hotels, a new architectural code, as well as the role of medicine, wellness, and recreational architecture in the economies of Ukrainian cities.

The event program includes four thematic halls, panel discussions, a press conference, a presentation of SPATIUM investment projects, a gala evening, a Fashion Show, and a special Vasyl Kandinsky Award.

A separate program for guests is scheduled for July 9 and 11. It will include visits to construction sites, presentations, and a dinner.

Participants in the event include representatives of the development market and investors from various regions of Ukraine, including SPATIUM, Zezman, Hephaestus, Kreator-Bud, KADORR, SAGA, Aquareli, Two Academics, Stolitsa Group, Sigma+, Vlasne Misto, and other companies.

The organizers note that the goal of the Odesa Investment Congress is to demonstrate how Ukraine is transforming, where investments are flowing, and which regions may become growth hubs in the coming years.

The event will take place on July 10, 2026, at the SPATIUM hotel in Odesa from 8:00 AM to 9:00 PM.

To participate as a VIP guest, speaker, or partner, please call: 044 461 91 28. Detailed information about the congress is available on the website: www.ubc-ua.info/oic.

The event is organized by the DMNTR media group. The general partner is SPATIUM Group.

The Open4Business project is the event’s information partner.

 

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New Zealand has updated its “golden visa” rules for investors

Starting June 1, 2026, New Zealand is expanding the terms of the Active Investor Plus Visa program, often referred to as the New Zealand “golden visa.” Now, a portion of the required investment can be allocated to charitable donations, which should make the program more flexible and attractive to wealthy foreigners.

According to Reuters, investors in the Growth category will be able to allocate up to 20% of the minimum investment—that is, up to NZD1 million of the required NZD5 million—to charitable causes. The remainder must be invested in assets with higher growth potential. The changes take effect on June 1.

Officially, the Active Investor Plus Visa program grants foreign investors the right to live, work, and study in New Zealand indefinitely. To participate, applicants must invest a minimum of NZD5 million in the Growth category or NZD10 million in the Balanced category. According to Immigration New Zealand, 80% of applications for preliminary approval are processed in approximately 3.5 months.

The new charitable option is expected to expand the pool of potential program participants. New Zealand authorities hope that investors will not only inject capital into the economy but also support social, educational, medical, environmental, and community projects.

The rule update comes after a sharp surge in interest in the New Zealand investor visa. The Guardian reported that following the program’s reform in April 2025, the number of applications rose significantly: 308 applications were submitted over a few months, representing about 1,000 people, whereas before the changes, the program had attracted only 116 applications over two and a half years.

Investors from the U.S., China, and Hong Kong led the way in terms of the number of applicants. According to The Guardian, among the first 308 applications after the reform, there were 129 from the U.S., 45 from China, and 38 from Hong Kong. Investors from Germany, Singapore, and the U.K. also showed interest in the program.

Later, interest from American investors continued to grow. According to data from Immigration New Zealand cited by The Guardian, the new scheme has already attracted 573 applications representing 1,833 individuals. This confirms that the US has become the main source of demand for the New Zealand “golden visa.”

According to estimates by specialized consultants, demand also remains high from China and Hong Kong. GoldenVisas.com reported that investors from the U.S. lead the pack among applicants for the Active Investor Plus Visa, followed by China and Hong Kong, with the program attracting applicants from more than 30 countries in total.

For New Zealand, the program serves as a tool to attract long-term capital into the economy. Unlike some European “golden visas,” which were closely tied to real estate purchases, the New Zealand model emphasizes active investments, business, funds, securities, and now—to some extent—charity.

For investors, New Zealand is attractive due to its combination of political stability, quality of life, an English-speaking environment, a strong legal system, and the possibility of long-term residency for the family. At the same time, the high entry threshold means that the program is primarily aimed at high-net-worth applicants, entrepreneurs, and globally mobile families.

Key takeaway: New Zealand is not simply relaxing the “golden visa” rules but is attempting to modernize the program—with an emphasis on active investment and public benefit. Investors from the U.S., China, and Hong Kong remain the main drivers of demand, and the addition of charitable donations may attract even more applicants who wish to combine relocation, investment, and social contribution.

 

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Taras Melnychuk: Ukraine is creating most favorable investment climate for investors

Ukraine is creating the most favorable investment climate possible to encourage potential investors, said Taras Melnychuk, the representative of the Cabinet of Ministers in the Verkhovna Rada.

“Today we have met with representatives of some of the largest American companies willing to invest in Ukraine or already doing business here. In turn, Ukraine is creating the most favorable investment climate to encourage potential investors,” he wrote on his Telegram channel.

Melnychuk noted that the Ukrainian economy needs to attract American investment to recover and grow.

According to him, special attention is paid to developing cooperation with American arms and ammunition manufacturers.

“The main prerequisite for this is to provide Ukraine with additional air defense systems. This will help protect our entire civilian infrastructure from Russian terrorism,” the Cabinet representative emphasized.

In addition, Ukraine is also interested in developing logistics routes and the energy sector.

As previously reported, Prime Minister of Ukraine Denys Shmyhal and U.S. Special Representative for Ukraine’s Economic Recovery Penny Pritzker met with American businesses.

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“Ukrnafta” invites investors to participate in workover of 20 wells

PJSC Ukrnafta is launching a revitalization program and invites investors to participate in the restoration of the first 20 wells.

“An important part of the company’s strategy to increase production is the restoration of already drilled but abandoned wells that have prospects through the use of modern technologies,” the company said in a press release, citing Ukrnafta CEO Serhiy Koretsky.

Currently, 4222 such wells have been identified, of which 2100 are within Ukrnafta’s special permits, 700 of which are within the reserve contours.

“The company has selected 30 wells out of these 700 for the pilot. 10 will be restored on our own, and a tender is announced for 20. The company invites partners to help restore production at these sites by drilling horizontal sidetracks,” the document explains.

The company offers a deal based on the Risk Service Agreement, under which the investor must pass compliance and get access to the Virtual Data Room with information about the well.

“Ukrnafta, for its part, together with specialists, is forming a pool of wells, from three to 12, which will be restored by drilling at the expense of partners. The cost of restoring production from the wells is determined by bidding in the Prozorro system.

Subsequently, Ukrnafta receives an additional resource and pays for the revitalization using the funds from production from the restored wells. The partners, for their part, receive a share of the additional production from the revitalized wells.

“Any Ukrainian and international company that passes the compliance procedure can join,” the company said.

As reported, in 2023 Ukrnafta increased oil and condensate production by 3% (by 39.9 thousand tons) compared to 2022 – up to 1 million 409.9 thousand tons, gas production by 5.8% (by 60.4 million cubic meters), up to 1 billion 97.4 million cubic meters.

The company’s strategic goal is to double oil and natural gas production to 3 million tons and 2 billion cubic meters by 2027, respectively.

“Ukrnafta is the largest oil company in Ukraine and operates a national network of 537 filling stations, of which 456 are in operation. The company is implementing a comprehensive program to restore operations and update the format of its filling stations. Since February 2023, Ukrnafta has been issuing its own fuel coupons and NAFTAKarta cards, which are sold to legal entities and individuals through Ukrnafta-Postach LLC.

Ukrnafta’s largest shareholder is Naftogaz of Ukraine with a 50%+1 share. On November 5, 2022, the Supreme Commander-in-Chief of the Armed Forces of Ukraine decided to transfer to the state a share of corporate rights of the company owned by private owners, which is now managed by the Ministry of Defense.

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Ukraine wants to attract private investors to lend to investment projects in ports

The state intends to attract private investors to lend to projects for the repair, modernization, reconstruction, and construction of strategic port infrastructure facilities in Ukraine with the possibility of compensation for the funds spent through port dues.

The relevant provisions are contained in the draft resolution of the Cabinet of Ministers “Some issues of compensation for investments made by business entities in strategic port infrastructure facilities that are state-owned”, the text of which is posted on the website of the Ministry of Community Development, Territories and Infrastructure (Ministry of Health) for discussion.

The document provides for the approval of the procedure and conditions for concluding agreements on the basis of which investments made by business entities in strategic port infrastructure facilities are compensated, as well as amendments to the Cabinet of Ministers Resolution No. 899 of October 3, 2012, according to which public sector entities may make expenditures on capital investments, in particular on port infrastructure facilities, in the absence of an approved financial plan.

It is noted that the amount of investment compensation should not exceed the amount of funds actually paid by the investor to finance the design or construction of port infrastructure facilities.

In addition, it is noted that the investor may be a legal entity or an individual entrepreneur. There may be several investors at one facility.

At the same time, the new procedure will not apply to legal relations involving business entities that make private investments in port infrastructure facilities on the basis of agreements concluded under public-private partnerships, including concession agreements and lease agreements for state property.

The Ministry of Reconstruction expects that the adoption of this resolution will help restore strategic port infrastructure facilities, accelerate the growth of maritime transport, improve the competitiveness of seaports and increase their investment attractiveness.

“Due to the military aggression of the Russian Federation against Ukraine, there is a problem of insufficient funding for the maritime industry, in particular due to imperfect fiscal policy, which leads to a lack of funds at the state-owned enterprise Ukrainian Sea Ports Authority (USPA),” the explanatory note to the draft resolution says.

It is noted that the USPA has entered into contracts for a number of construction projects, but “due to lack of funds and the state’s dividend policy, it is not possible to implement even part of these projects.”

At the same time, the USPA is facing an acute issue of the need to reconstruct and maintain port infrastructure, including berthing facilities. As of February 24, 2022, the state-owned enterprise had 265 berths (cargo, auxiliary, passenger) located in 13 seaports of Ukraine. Of this number, 20 are unsuitable for normal operation, 37 require significant investment in the next five years, and more than 50 operate with low economic efficiency – they need to be restored through overhaul or reconstruction.

In addition, it is indicated that, according to preliminary calculations, in the period before the full-scale invasion, the need for USPA to finance projects for the reconstruction, modernization and construction of berths alone (more than 48 projects, of which 36 are for reconstruction and modernization) was estimated at UAH 12 billion over four years.

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Foreign investment in construction industry of Ukraine: what interests and concerns foreign investors

Foreign investors are looking for transparency, openness and willingness to cooperate in companies. This helps build trust and break down myths about corruption and instability.

This was stated by Marina Cheban, Head of the Legal Department of DIM Group, in an article for thepage.ua.

“While diplomats and politicians are discussing government investments, businesses should actively explore opportunities for existence and development in the new environment. An important aspect of successfully attracting investment from foreign companies is establishing partnerships with foreign investors. Foreign investors are looking for transparency, openness and willingness to cooperate in companies. This helps to build trust and break myths about corruption and instability,” she emphasizes.

Maryna Cheban shared an example of a successful partnership with a foreign investor company and attracting investment in the LUCKY LAND residential complex, which is notable for its scale and comprehensive social facilities. Foreign investors are interested not only in profit, but also in social issues and meeting the needs of the population. In particular, this applies to residents who migrated due to the war. The social aspect, along with well-thought-out planning and various services, creates a comfortable living environment, which makes the complex liquid and extends the product’s life cycle.

“At the moment, we cannot disclose the name of our partner and the size of the investment, but we can say with certainty that foreign investors are looking for long-term investments that bring passive income in the future, which means millions of dollars for construction and an example for other investors that the Ukrainian real estate market is potentially interesting to invest in. For the Ukrainian market, the cases of cross-border partnerships are an opportunity to share experiences, bring best practices, as well as a strategic opportunity to develop and create a positive image for the cumulative effect of building the Ukrainian real estate and development market,” Cheban said.

However, according to Cheban, attracting foreign investors to Ukrainian residential projects is not an easy task, and risk management plays an important role. An important step is project due diligence, which allows investors to understand all aspects of Ukrainian legislation, urban planning regulations, and other norms. Risk management includes a detailed analysis of risks that may arise, including military, political, tax, and economic factors. It is important for Ukrainian companies to demonstrate openness, trust and a deep understanding of the risks involved in attracting foreign investment. This is an important step for Ukraine’s development and building a safe investment environment.

DIM Group was founded in 2014 and consists of six companies covering all stages of construction. To date, it has commissioned 12 buildings in six residential complexes with a total residential area of over 218 thousand square meters. Six residential complexes of “comfort+” and “business class” categories are under construction: “New Autograph, Metropolis, Park Lake City, Lucky Land, etc.

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