Business news from Ukraine

Business news from Ukraine

Vucic Confirms Trip to Kyiv for July 15 Summit

According to “Serbian Economist”, Serbian President Aleksandar Vucic stated that he intends to travel to Kyiv to participate in the “Southeast Europe–Ukraine” summit, scheduled for Wednesday, July 15.

“I am going to Kyiv for the ‘Southeast Europe–Ukraine’ summit,” Vučić told reporters in Paris after attending a military parade marking France’s national holiday.

His statement was reported by the Serbian state news agency Tanjug.

Vucic noted that he had previously participated in four such meetings—in Odesa, Dubrovnik, Athens, and Tirana. At the same time, he warned that the upcoming summit in Kyiv “will not be easy,” given the content of the proposed final declaration.

The Serbian president also announced that he is scheduled to meet with Ukrainian President Volodymyr Zelenskyy during his trip.

In June 2025, Vučić had already visited Ukraine to participate in the previous “Ukraine–Southeast Europe” summit, which took place in Odesa.

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Starting July 15, single ride on Kyiv’s public transit will cost 30 UAH

New fares for single rides on public transit will take effect in Kyiv on July 15—a single ride on the metro, bus, tram, trolleybus, or funicular will cost 30 UAH.

Mayor Vitali Klitschko signed the corresponding order on July 7; the document was published on the Kyiv City State Administration’s website on Friday, July 10.
At the same time, discounts are available on “multi-ride passes” depending on the number of trips: 1–9 trips—30 UAH; 10–19 trips—28.90 UAH; 20–29 trips—27.80 UAH; 30–39 trips—26.60 UAH; 40–49 trips—25.50 UAH; 50 trips – 25 UAH.

Starting August 1, a 60-UAH ticket will also be available, allowing for an unlimited number of transfers within 90 minutes.
Tickets purchased before July 14 are valid until September 14. After that, any unused balance will be automatically credited as a cash equivalent to the transit card.

As previously reported, five petitions on the Kyiv City Council website calling for a halt to fare increases on the capital’s public transit system until the end of martial law had already garnered the number of votes required for consideration, but most of them were rejected by city authorities.

On May 18, the Kyiv City State Administration announced plans to update public transit fares. Specifically, the cost of a single trip will depend on the number of trips purchased on the transit card. Specifically, for 1–9 trips, the fare will be 30 UAH; for 10–19 trips, 28.90 UAH; for 20–29 trips, 27.80 UAH; for 30–39 trips, 26.60 UAH; for 40–49 trips, 25.50 UAH; and for 50 trips, 25 UAH. Monthly passes are also available, with the cost of a single trip amounting to approximately 23.3–23.6 UAH. Discounted rates remain in effect for students and schoolchildren: students will pay 50% of the monthly pass price; schoolchildren will ride for free during the school year and receive a 75% discount in the summer. Separately, there are plans to introduce a transfer ticket for 60 UAH, which will allow unlimited transfers between the metro and surface transit within 90 minutes.

Fares in the capital have not been adjusted since 2018. Starting January 1, 2022, there were plans to raise public transit fares to 20 UAH, and to 12 UAH for holders of the “Kyiv Card.”
At the end of 2021, Klitschko assured the public that public transit fares would not increase until the end of the heating season. In 2023, city officials stated that they had no intention of raising public transit fares until the end of the war. In September 2025, Klitschko stated that although public transit in Kyiv is subsidized, the city is looking for ways to avoid raising fares.

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Kyiv Raises Public Transportation Fares—Starting July 15,  Single Ride Will Cost 30 UAH

New fares for single rides on public transportation will take effect in Kyiv on July 15; a ride on the metro, bus, tram, trolleybus, or funicular will cost 30 UAH.

Mayor Vitali Klitschko signed the corresponding order on July 7; the document was published on the Kyiv City State Administration’s website on Friday, July 10.

Discounts on travel passes are also provided based on the number of trips: 1–9 trips – 30 UAH; 10–19 – 28.90 UAH; 20–29 – 27.80 UAH; 30–39 – 26.60 UAH; 40–49 – 25.50 UAH; 50 trips — 25 UAH.

Starting August 1, a 60-UAH ticket will also be available, allowing for an unlimited number of transfers within 90 minutes.

Tickets purchased before July 14 are valid until September 14. After that, any unused balance will be automatically refunded in cash to the transit card.

As previously reported, five petitions on the Kyiv City Council website calling for a suspension of fare increases on the capital’s public transit system until the end of martial law had already garnered the number of votes required for consideration, but most of them were rejected by city authorities.

On May 18, the Kyiv City State Administration announced plans to update public transit fares. Specifically, the cost of a single trip will depend on the number of trips purchased on the transit card. Specifically, when purchasing 1–9 trips, the fare will be 30 UAH; 10–19 trips—28.90 UAH; 20–29 trips—27.80 UAH; 30–39 trips—26.60 UAH; 40–49 trips—25.50 UAH; and 50 trips—25 UAH. Monthly passes are also available, with the cost per trip ranging from approximately 23.3 to 23.6 UAH. Discounted rates remain in effect for students and schoolchildren: students will pay 50% of the monthly pass price; schoolchildren will ride for free during the school year and receive a 75% discount during the summer. Separately, there are plans to introduce a transfer ticket for 60 UAH, which will allow for unlimited transfers between the metro and surface transit within 90 minutes.

Fares in the capital have not been adjusted since 2018. Starting January 1, 2022, there were plans to raise public transit fares to 20 UAH, and to 12 UAH for holders of the “Kyiv Card.”

At the end of 2021, Klitschko assured the public that public transit fares would not increase until the end of the heating season. In 2023, city officials stated that they did not intend to raise public transportation fares until the end of the war. In September 2025, Klitschko stated that, despite the fact that public transportation in Kyiv is subsidized, the city is looking for ways to avoid raising fares.

Source: https://kyivcity.gov.ua/npa/NPA_1048449/kmda__145_1048450/

 

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EBRD Considers Loan of Up to EUR 50 Mln for “Kyivteploenergo”

The European Bank for Reconstruction and Development (EBRD) is considering providing Kyiv with a loan of up to EUR 50 million to support the liquidity of the municipal utility “Kyivteploenergo” and ensure the uninterrupted provision of critical municipal services amid the war.

According to the bank’s materials, the project is scheduled to be approved on July 22, 2026.
The loan is intended to cover Kyivteploenergo’s critical liquidity needs, including operating and maintenance costs, as well as to offset temporary revenue losses and additional expenses caused by the war.

Due to war-related risks, the loan will be partially covered by a European Union (EU) guarantee for first-loss coverage under the Municipal, Infrastructure, and Industrial Resilience (MIIR) Program as part of the Investment Program for Ukraine (UIF).
The financing is intended to ensure uninterrupted heat supply to schools, kindergartens, hospitals, residential buildings, and businesses, as well as electricity generation for the city and the power grid.

The EBRD notes that the additional strain on Kyiv’s district heating system is linked, in particular, to the significant number of internally displaced persons.
The project is part of the EBRD’s “Resilience and Livelihoods” (RLF) program. It is also intended to support the development and expansion of municipal services for veterans and their families.

As previously reported, in June, Kyiv Mayor Vitali Klitschko stated that the Kyiv City Council must approve a EUR50 million EBRD loan for “Kyivteploenergo” to implement measures under the Capital’s Resilience Plan. He estimated the cost of Kyiv’s priority energy resilience measures at approximately 30 billion hryvnia.

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Kyiv has dropped to 166th place in city livability ranking

The Economist Intelligence Unit, the analytical division of The Economist Group, has published the Global Liveability Index 2026—a ranking of living conditions in 173 cities around the world. The index evaluates cities across five categories: stability, healthcare, culture and environment, education, and infrastructure.

For the second year in a row, Copenhagen was named the world’s most livable city. The top ten included: Copenhagen (Denmark), Vienna (Austria), Melbourne (Australia), Sydney (Australia), Zurich (Switzerland), Geneva (Switzerland), Osaka (Japan), Adelaide (Australia), Vancouver (Canada), and Tokyo (Japan).

Kyiv found itself at the bottom of the ranking: the Ukrainian capital dropped from 165th to 166th place and once again made the list of the world’s ten least livable cities. The main reason is the consequences and risks of a full-scale war, which directly affect stability, infrastructure, and the quality of the urban environment.

Damascus, Syria, remains in last place in the ranking, a position it has held since 2013. Other cities at the bottom of the list include Tripoli, Libya; Dhaka, Bangladesh; Tehran, Iran; Lagos, Nigeria; and Kyiv. The EIU notes that nearly all cities at the bottom of the ranking have been affected by war, political instability, poverty, or a combination of these factors.

For Ukraine, the result is painful but expected. Before the war, Kyiv ranked significantly higher: in 2021, it was in 117th place; in 2022, it was excluded from the ranking due to the war; and from 2023 to 2025, it held the 165th position. In 2026, the capital dropped another spot.

The ranking also reflects a general global trend: cities with high stability, advanced healthcare, quality education, and well-developed infrastructure remain at the top, while wars and crises quickly push cities down the list even when they possess strong human and economic potential.

For Kyiv, this index is not so much an assessment of the city’s quality as such, but rather an indicator of the cost of war. Provided that security normalizes, infrastructure is restored, and military risks are reduced, the Ukrainian capital has the potential to return to the middle of the ranking, where it stood until 2022.

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July 5–6: Comfortable temperatures in Kyiv, with daytime highs of 22–24°

On Sunday night, the eastern regions, the Azov region, Crimea, and parts of the country’s northwest will see brief showers and thunderstorms in some areas; during the day, these conditions will extend across Ukraine, except for the south and southeast, according to the Ukrainian Hydrometeorological Center.

The wind will be from the northwest at 7–12 m/s. Nighttime temperatures will range from 11–16°, reaching up to 19° along the coast; daytime temperatures will range from 21–26°, and 18–23° in the northeast of the country.

In Kyiv on July 5, no precipitation is expected at night, with brief showers in some areas during the day. The wind will be from the northwest at 7–12 m/s.

Temperatures will range from 14–16° at night to 22–24° during the day.

According to data from the Boris Sreznevsky Central Geophysical Observatory in Kyiv, the highest daytime temperature on July 5 was 33.7° in 1924, and the lowest nighttime temperature was 8.6° in 1893.

On Monday, July 6, in Ukraine, there will be brief showers and thunderstorms at night in most western and northern regions, and during the day in the northeastern part and the Carpathian region; the rest of the country will be dry.

Winds will be predominantly westerly, 7–12 m/s. Nighttime temperatures will range from 11–16°, reaching up to 19° along the coast; daytime temperatures will range from 21–26°, up to 29° in the south and 18–23° in the northeast.

In Kyiv on July 6, skies will be partly cloudy. At night, there will be brief showers in some areas; during the day, no precipitation is expected.

Winds will be from the west at 7–12 m/s. Nighttime temperatures will range from 14–16°, and daytime temperatures from 22–24°.

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