Business news from Ukraine

Business news from Ukraine

First batch of nearly 400 generators from Poland has been delivered to Kyiv

The Polish government’s Agency for Strategic Reserves (RARS) has sent the first batch of generators announced for Ukraine as part of its assistance in overcoming the consequences of Russian shelling, the Embassy of the Republic of Poland in Kyiv reported on Thursday.

“The first batch of generators sent by RARS is already in Kyiv. Poland’s Chargé d’Affaires in Ukraine, Piotr Lukasiewicz, officially handed them over today to Deputy Prime Minister Oleksiy Kuleba and the head of the Kyiv Regional Administration, Mykola Kalashnik,” the embassy said in a statement on social media.

Deputy Prime Minister for the Restoration of Ukraine – Minister of Community and Territorial Development of Ukraine Oleksiy Kuleba said that 379 generators have already been received and some of them have already been transferred to the Kyiv region.

“We have received energy support from Poland – 379 generators of various capacities. Today, the first batch of equipment was delivered to the Kyiv region. By the end of January, all aid will be distributed among the communities,” he wrote on X.

The Deputy Prime Minister also announced that the Polish government has already decided to purchase an additional ten high-capacity generators.

He explained that the Kyiv region is under constant Russian attack and “knows well what power outages and risks to basic services mean.” “The generators will ensure the stable operation of critical infrastructure – water, heat, and electricity supply,” Kuleba said.

As reported, last week Lukasiewicz announced the arrival in Kyiv of 400 generators of various types from Polish government reserves.

Earlier, it was also reported that as part of a nationwide fundraising campaign for generators for Ukraine called “Warmth from Poland for Kyiv,” more than PLN 5 million (over $1 million) had already been raised. The campaign was organized by the Polish Stand with Ukraine Foundation.

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A fire broke out in a residential building near the Osokorky metro station in Kyiv

In the Darnytskyi district of Kyiv, near the Osokorky metro station, a building was on fire on the morning of January 28. The fire was extinguished in about half an hour. The circumstances of the incident are still unknown.

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Kyiv will purchase 16 new trolleybuses for UAH 306 mln by end of 2026

Politechnoservice LLC (Brovary, Kyiv region) will supply 16 new low-floor 12-meter PTS trolleybuses to Kyivpastrans Municipal Enterprise by December 1, 2026, for a total amount of UAH 306.24 million.

According to information in the Prozorro system, the parties signed the relevant agreement on January 26 after Politechnoservice won the tender with an expected purchase amount of UAH 306.344 million.

The tender was announced by Kyiv on January 7, 2026. In addition to Politechnoservice, a tender offer was submitted by BAS Motor, the manufacturer of Bogdan trolleybuses. It offered trolleybuses for UAH 306.336 million.

PTS trolleybuses manufactured no earlier than 2025 have a passenger capacity of more than 100 people, including 34 seats (four of which are for priority passengers) and space for a passenger in a wheelchair.

The PTS T12309 trolleybus (with a body manufactured by the Turkish company IF-U) only has emergency autonomous drive.

As reported, similar trolleybuses are being purchased, in particular, by Chernivtsi.

According to openddatabot, in 2024, Politechnoservice LLC increased its net profit tenfold compared to 2023, to UAH 75 million, with a 2.2-fold increase in revenue, to UAH 377.2 million.

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Generators for Kyiv: fundraising in Poland exceeds PLN 1 million

In Poland, as part of the charity campaign “Warmth from Poland for Kyiv,” more than PLN 1 million was raised to purchase generators for the Ukrainian capital, according to the Polish publication OKO.press.

According to the organizers, the fundraiser was initiated by the Stand With Ukraine foundation in collaboration with a number of public organizations. Initially, the plan was to raise PLN 1 million to purchase 100 generators, but the goal was achieved within a few hours, after which it was decided to extend the campaign and raise the new target to PLN 2 million. At the time of publication by ZAXID.NET, the amount raised was about 1.1 million zlotys.

Stand With Ukraine Foundation President Natalia Panchenko said that the response from donors reminded her of the wave of support for Ukraine in 2022, emphasizing that solidarity remains stronger than disinformation and attacks on social media.

According to reports, Ukraine’s ambassador to Poland, Vasyl Bodnar, responded to the initiative by expressing his gratitude to the participants in the fundraiser and noting the importance of support in the context of the complicated energy supply situation.

 

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Ukrainian Red Cross has set up mobile heating points in Kyiv

The Ukrainian Red Cross (URC) has set up mobile heating points to support the residents of Kyiv.

“Volunteers from the Ukrainian Red Cross rapid response team, together with rescuers from the State Emergency Service of Ukraine, continue to support Kyiv residents amid damage to a significant part of the energy infrastructure, which has led to a lack of electricity and heat in a large number of homes… Through joint efforts, mobile heating points have been set up where Kyiv residents can warm up, recharge their mobile devices, and receive the necessary support until the stable operation of the power system is restored,” the UCRC reported on Facebook on Sunday.

If necessary, people can also seek initial psychological assistance at the heating points.

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Average price per square meter on primary housing market in Kyiv exceeded $2,000

The average price on the primary market at the end of 2025 was $2,011 per square meter, or 84,600 UAH per square meter, an increase of 3.3% in dollar terms over the year, according to a press release from City One Development to Interfax-Ukraine.

According to the company’s analytical report, 2025 was a year of quiet recovery without any sharp movements for the primary residential real estate market in Kyiv.

“In fact, the market went through two different phases. At the beginning of the year, demand remained subdued: buyers took a wait-and-see position, which led to a slight (-1.2%) price adjustment. However, the second half of the year showed a change in sentiment – the number of transactions increased, and prices returned to a smooth increase (on average, they rose by 4.5%). As a result, 2025 ended with a moderate (+3.3%) increase,” said City One Development analyst Olena Shirina.

She emphasized that a distinctive feature of 2025 is the significant difference between formal statistics and the real state of the market, since average price indicators remain “burdened” by projects that have been on sale for years but are not actually being built or are in a frozen state. If such objects are excluded from the calculations, the real average price of active new buildings in Kyiv is about $2,140/sq. m, which is approximately 6-7% higher than the official statistics.

As for the structure of supply, only 3% of the supply is economy class. The dominant segment is now comfort, accounting for about 50% of the supply, business class accounts for about 35%, and premium holds a share of 8-10% despite the reduction in the number of projects.

The most significant price dynamics in 2025 were demonstrated by affordable formats, which is logical in conditions of limited effective demand. Economy class rose by 5% to $1,103/sq. m., comfort class by 4% to $1,365/sq. m., business class by 2% to $2,450/sq. m., and premium class by 4% to $4,596/sq. m.

The new supply for 2025 was a record for the capital, given the military conditions. According to City One Development’s monitoring, 10 new residential complexes have entered the Kyiv market since the beginning of the year.

The first half of the year was dominated by large comfort complexes aimed at the mass buyer. The average starting price was $1,428/sq. m.

The second half of the year brought business and premium class projects to the market with higher starting prices and more complex concepts. The average starting price was $2,727/sq. m.

This indicates a gradual return of developers to more complex formats and a resumption of investment interest in the market.

“The total number of residential complexes on the market has decreased by approximately 25% over the four years of the war, creating a shortage of quality supply. Developers are launching new projects cautiously, focusing on solvent demand and investors, with new projects being more expensive than the market average. The number of new residential complexes is significant for the fourth year of the war, but insufficient for a city with a population of over a million — supply will remain limited, and there will be less affordable housing, with competition between developers increasingly based on product rather than price,” says Shyryna.

According to her, if current macroeconomic and security factors remain unchanged, 2026 has all the prerequisites to start with moderate price increases and a subsequent shortage of quality supply. “The market has already passed its lowest point and is gradually entering a growth phase, where the reliability of the developer, a well-thought-out concept, and the long-term value of the project will play a key role,” says Shyrina.

City One Development is an investment and development company with more than 15 years of experience. It specializes in the creation, implementation, and management of large-scale infrastructure residential complexes, as well as actively investing in the development of Ukrainian industry.

City One Development’s portfolio includes more than 1.24 million square meters of completed projects and 500,000 square meters under construction.

The company’s residential projects in the capital include Novopecherski Lypky, Boulevard of Fountains, Svyatobor Park Resort, and The Light. Its industrial projects include two float glass production plants as part of the City of Glass and Galicia industrial parks.

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