Business news from Ukraine

Business news from Ukraine

Individual entrepreneurs in Kyiv have accumulated 2.6 bln UAH in tax arrears – highest figure in Ukraine

As of July 2026, sole proprietors registered in Kyiv owed the state 2.61 billion UAH in taxes, the highest figure among Ukraine’s regions, according to data from the State Tax Service analyzed by Opendatabot.

The capital accounts for about 16% of the country’s total tax arrears owed by sole proprietors, which amount to 16.6 billion hryvnias.

In second place is the Odesa region, with entrepreneurs owing about 1.6 billion hryvnias; in third place is the Kyiv region, with 1.37 billion hryvnias.

Collectively, Kyiv, Odesa, and Kyiv regions account for approximately one-third of all tax debts owed by Ukrainian sole proprietors.

At the same time, Kyiv region leads in the number of debtors, with 182,640 sole proprietors owing tax debt. Over the past year, their number has increased by approximately 1.5 times.

The Odesa Oblast has 119,470 individual entrepreneurs in debt, while the Kharkiv Oblast has 101,500.

In total, approximately 1.5 million individual entrepreneurs in Ukraine owe taxes, amounting to a total of 16.6 billion hryvnias.

Source: Opendatabot, data from the State Tax Service of Ukraine as of July 2026.

Opendatabot Research

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Traffic restrictions will be in place in Kyiv from August 22–25

Due to security measures involving foreign delegations in the capital, temporary traffic restrictions will be implemented from August 22–25, according to the State Security Service of Ukraine.

It is noted that the restrictions will be in effect in the central part of the capital, as well as in certain areas of the Pechersky, Podilsky, Solomensky, and Shevchenkivsky districts.

“Please take this information into account when traveling,” reads a post by the State Security Service of Ukraine on Facebook.

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September Fest 2026 urban festival will take place in Kyiv on September 18–19

The September Fest 2026 urban festival, dedicated to urban development, contemporary architecture, real estate development, design, culture, and the quality of urban life, will take place on September 18–19 in Kyiv at the A-STATION complex near the “Arsenalska” metro station.

The festival will last two days—from 11:00 a.m. to 9:00 p.m. The main entrance to the event grounds will be through the Mykilski Gates.

According to the organizers, approximately 10,000 people are expected to attend September Fest over the two days, and the professional program features more than 150 speakers.

Invited participants include representatives of central and local authorities, mayors of Ukrainian cities, chief architects, developers, investment funds, architectural firms, designers, international experts, and representatives of specialized media.

One of the festival’s key themes will be discussions on the reconstruction of Ukrainian cities and infrastructure, the development of the modern urban environment, attracting investment in real estate and infrastructure projects, as well as new approaches to architecture and urban planning.

A separate component of September Fest will be the VIP program, designed for representatives of state and municipal authorities, mayors, heads of development companies, CEOs, investors, and other professionals in the industry.

Tickets to the VIP area cost EUR250 for one day and EUR500 for two days.

Free registration is available for general admission to the festival. Tickets can be obtained on the September Fest website: www.ubc-ua.info/september-fest.

September Fest 2026 is organized by DMNTR, with A Development serving as the general partner.

Date: September 18–19, 2026

Time: 11:00 a.m.–9:00 p.m.

Location: A-STATION, Kyiv, “Arsenalska” metro station, main entrance—Mykils’ki Voryta

Expected attendance: approximately 10,000 visitors

Speakers: over 150

Standard admission: free registration

VIP ticket: EUR 250 – one day, EUR 500 – two days

Additional information:

Tel. 044 461 91 28, 077 777 25 47

Organizer – DMNTR.

General Partner – A Development.

Open4business – Media Partner

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Dmytro Lashin, Director of Lavina Mall, Is Leaving Company

Dmytro Lashin, director of Lavina Mall in Kyiv, is leaving Mandarin Plaza Group after eight years in the position.

“Today marks exactly eight years since I started working at Mandarin Plaza Group. And I want to let you know that my contract has ended,” Lashin announced on LinkedIn.
The Lavina Mall, with a total leasable area of 127,000 square meters, opened in early December 2016.

According to the YouControl analytics system, the authorized capital of Lavina Shopping Center LLC (Kyiv), established in 2013 and owner of the Lavina Mall in the capital, amounts to 279 million UAH. As of August 2026, the owners of Lavina Shopping Center LLC are the Cypriot company Ixoria Business Limited (90%) and JSC ZNVKIF “Asborn” (10%), with Marina Dorokhina listed as the ultimate beneficial owner.

According to its 2025 financial results, the company generated 1.5 billion UAH in revenue, a 14.68% increase compared to 2024, with net profit totaling 43,857,000 UAH—238 times higher than the previous year.

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There are nearly 7,900 jewelry businesses operating in Ukraine, 84% of which sole proprietorships

As of the end of July 2026, there were 7,865 businesses and entrepreneurs operating in the jewelry sector in Ukraine, 84% of which are registered as sole proprietors, according to data from the Unified State Register analyzed by Opendatabot. The study was published on August 17, 2026.

In total, there are 6,583 sole proprietors and 1,282 companies operating in the market, engaged in the production and sale of jewelry, as well as the repair of jewelry and watches.

However, the trends in these two segments differ significantly. The number of legal entities in the jewelry industry has been growing for five consecutive years, including after the start of the full-scale war. By the end of 2025, 54 more jewelry companies were registered than ceased operations.

Among sole proprietors, the situation is less stable. In 2021–2022, the number of closures exceeded the number of registrations by 498. In 2023, the segment returned to growth, and in 2024, the net increase reached a record 611 entrepreneurs. However, by 2025, the trend had shifted again—there were 169 more sole proprietorships that ceased operations than new ones.

Kyiv remains the main hub of the jewelry business, with 1,365 registered manufacturers, retailers, and other industry participants.

In second place is the Zaporizhzhia region with 679 enterprises, followed by the Kyiv region with 585, the Kharkiv region with 548, and the Dnipropetrovsk region with 484.

Thus, despite the dominance of small businesses, the structure of Ukraine’s jewelry market is gradually changing: the number of sole proprietorships is declining, while the number of companies continues to grow.

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Distributed cogeneration facilities with capacity of 65 MW have already been built in Kyiv

As part of the implementation of the energy sustainability plan, distributed cogeneration facilities with a total capacity of 65 MW have already been built in Kyiv, according to Petro Panteleev, acting first deputy head of the Kyiv City State Administration.

“We have already built cogeneration plants with a capacity of 65 MW and diesel power plants with a capacity of over 16 MW,” he said at a press briefing on Monday dedicated to the progress of the Kyiv City Resilience Plan.

The level of readiness for infrastructure restoration, Panteleev added, has already reached 60%. In addition, the city is working to prepare its housing stock for the heating season.

According to the city official, Kyiv has allocated 800 million hryvnias over the course of the year for the repair and modernization of electrical switchboards. Work is planned this year at 742 facilities; so far, 20% of the plan has been completed.

As Panteleev noted, energy efficiency measures have already been implemented in over 2,000 residential buildings through municipal and state programs.

It was previously reported that the capital’s Resilience Plan allocates 37 billion hryvnias for the restoration and construction of facilities and infrastructure.

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