UKRNAFTA, Ukraine’s largest network of gas stations, doubled its fuel purchases in 2026 compared to last year to ensure stability for farmers during the planting season, the company’s CEO Bohdan Kukura told the Interfax-Ukraine news agency.
“We have received the first shipments of diesel from the United States. The government’s task was to ensure (the domestic market – IF-U) that there would be no shortage. We are fulfilling this: given the season and increased demand, we have purchased twice as much fuel as before. There will be no shortage. We are fully contracted, and we do not foresee any problems at all for April,” the company’s head emphasized.
According to him, in response to the government’s request, UKRNAFTA began using post-import financing instruments for the first time in its history. The first shipments of American fuel were purchased using credit lines from the state-owned Ukrgasbank and Oschadbank. The top manager noted that this mechanism has been in operation for only about a month but has already proven effective in ensuring energy security.
The CEO also explained that, given market volatility, UKRNAFTA has abandoned fixed-price contracts, as they are unprofitable for suppliers due to the inability to predict risks. Currently, work with clients is based exclusively on a “contract formula” tied to global Platts or Argus price indices.
Separately, Kukura commented on the sales structure: the share of retail customers (B2C) is about 50–70%, while the corporate segment (B2B cards and vouchers) accounts for 30–50%. He noted that farmers typically purchase fuel through small-scale wholesalers.
As the chairman of the UKRNAFTA board assured, thanks to strategic reserves and new logistics, there is no cause for panic. The company continues to actively work with banks, creating “effective solutions to supply the market,” so Ukrainian businesses can be confident in the availability of fuel at gas stations.
As reported, by the end of 2025, UKRNAFTA increased fuel sales in the B2B segment to 391.6 million liters, which is 61.7% more than the previous year’s figure and nearly eight times higher than the 2023 result. The number of active corporate clients during this period tripled—to 9,700 companies. Over three years, the company doubled the average daily fuel sales per gas station, and the average receipt at the network’s stores tripled—to 180 UAH.
UKRNAFTA is one of the largest gas station networks in Ukraine, comprising approximately 700 locations and ranking among the top three in terms of fuel sales volume. The network structure includes the assets of Glusko (85 gas stations) and Shell (118 gas stations). Additionally, 21 complexes of Ukrgazvydobuvannya (U.Go) operate under the UKRNAFTA brand on a franchise basis.
The Council of Europe Development Bank (CEDB) has granted Ukraine additional loans: 100 million euros for the HOME program to compensate citizens for housing destroyed by the war, as well as 20 million euros to support microenterprises and small farms in Ukraine.
As reported by the Ministry of Finance on Wednesday, the relevant decision was adopted by the EBRD’s Administrative Council on March 16–17, in a joint meeting with the Governing Board attended by Deputy Minister Olga Zykova.
The HOME program is implemented through a state-run housing certificate mechanism, which allows citizens whose homes were destroyed as a result of Russian aggression to receive compensation for the purchase of new housing. Using the previously provided and fully utilized €200 million, 3,774 housing units were purchased for over 13,000 Ukrainians, who received new housing.
“As of early 2026, over 98,000 applications for compensation for destroyed housing have been submitted, indicating a massive need to restore the housing stock. Additional funding will allow us to support another 3,000 families and extend the program’s implementation until June 30, 2028,” the Ministry of Finance noted.
As for the €20 million, this program will be implemented through the National Development Agency (formerly the Entrepreneurship Development Fund), which will provide financing through partner banks and credit unions. The program’s total funding also includes a €4.6 million EU investment grant under the Ukraine Investment Framework, €0.23 million in technical assistance, and a €3 million EBRD grant to cover currency risks.
The program is aimed at supporting entrepreneurs affected by the war, internally displaced persons, veterans, women entrepreneurs, youth, people with disabilities, and small farms, the Ministry of Finance clarified.
It is expected that at least 50% of the €20 million in funding will be directed toward vulnerable groups, and 30% of the investments will go toward energy-efficient and sustainable projects.
In 2025, Ukrainian banks issued 8,282 thousand mortgage loans worth UAH 15.69 billion, which is 4.3% more than in 2024, when 8,807 thousand loans worth UAH 15.05 billion were issued, while the number of loans issued decreased by 6.0%, according to the results of a survey by the National Bank of Ukraine (NBU).
“The quality of the mortgage portfolio remains high: the share of non-performing loans is only 13%,” the regulator commented on the results.
According to the National Bank, in December 2025, 952 mortgage loans were issued in Ukraine for UAH 1.96 billion, which is 28.3% more than in November, when 743 loans were issued for UAH 1.52 billion.
As specified by the NBU, out of 38 banks surveyed, 14 financial institutions issued mortgage loans in December last year. Most of the deals were concluded in the primary housing market: 539 in December for UAH 1.13 billion, compared to 434 in November for UAH 0.91 billion.
On the secondary housing market, 413 deals were concluded for UAH 0.83 billion, compared to 309 in November for UAH 0.61 billion.
The weighted average effective rate in the primary housing market in December 2025 decreased to 8.11% per annum (8.14% in November), and in the secondary market to 8.66% (9.42%).
Survey data show that in December 2025, most loans were issued in Kyiv and the Kyiv region – 538 for UAH 1.18 billion (60.1% of the total volume), followed by Lviv region – 47 loans worth UAH 103 million, Odesa region – 40 loans worth UAH 78 million, and Volyn region – 38 loans worth UAH 69 million.
As reported, partner banks of the state affordable mortgage program “єОселя” issued a total of 7,769 loans worth almost UAH 15 billion in 2025, including 4,881 loans for “first sale” housing, including 1,499 apartments in buildings under construction.
Hungary has decided to block the allocation of a EUR90 billion EU loan to Ukraine until oil transit to Hungary via the Druzhba pipeline is resumed, Hungarian Foreign Minister Péter Szijjártó said.
On Friday evening, he again accused Ukraine on social media of allegedly blackmailing Hungary by stopping oil transit in coordination with Brussels and the Hungarian opposition in order to create supply disruptions in Hungary and raise fuel prices ahead of the elections.
According to Szijjártó, Ukraine is violating the Association Agreement with the EU.
As reported with reference to Ukrtransnafta, as a result of a targeted Russian attack on January 27, significant damage was caused to the technological and auxiliary equipment of the Druzhba oil pipeline.
“Currently, work is underway at various stages to detect defects, stabilize the technical condition of the system, and eliminate the consequences of the hostile attack. Emergency repair work is being carried out with the involvement of specialized technical units and specialized equipment,” the company said in an official comment to Interfax-Ukraine on February 19.
Hungary and Slovakia stopped supplying diesel fuel to Ukraine on February 18 until the transit of Russian oil through the Druzhba pipeline is restored.
The European Commission, in turn, convened a meeting of the oil coordination group on February 25 in connection with the suspension of supplies to Hungary and Slovakia due to Russia’s damage to the Druzhba oil pipeline.
Chicken producer Kuriar attracted UAH 1 billion in loan financing from First Ukrainian International Bank (FUIB, Kyiv) to transform its business from a chicken producer to a system integrator in the industry, according to the Ukrainian Retailers Association.
According to the report, the funds raised will be used to modernize logistics, automate processes, develop deep processing of products, and introduce new quality standards for entry into national retail chains and EU markets.
“We are investing in standards that will allow us to become certified and enter the European market. This is a logical step for a company that plans to be a leader,” said company founder Andriy Kindifora.
According to the association, the company’s development strategy involves a transition to a growth model through cooperation with small and medium-sized producers. According to Kuriar CEO Ivan Semen, investments are directed not only at the company’s own brand, but also at creating a system that allows the industry to grow predictably, despite the difficult demographic situation and the shift of production capacities to the western regions of the country due to the war.
Cooperation with FUIB began with a factoring limit and grew into a strategic partnership. As noted by Igor Koptsyukh, the bank’s head of sales to medium-sized corporate clients, for the financial institution, this agreement is an investment in a business model with high scaling potential.
“For us, FUIB is not just a lender, but a partner that supports the company in the entire spectrum of financial decisions,” Kuriar emphasized.
K-Agroinvest Trade LLC (Kuriya brand) was founded in 2014 in the Zolochiv district of the Lviv region on the basis of facilities that have been developing since 2005. The vertically integrated full-cycle chicken producer has four poultry farms, a feed mill, a slaughterhouse, and a logistics center. It specializes in importing chickens and selling over 100 types of meat products. The beneficiary of the enterprise is Andriy Kindifora.
According to the National Bank of Ukraine, as of September 1, 2025, FUIB, with assets of UAH 193.14 billion, ranked 5th among 60 banks in the country. The ultimate beneficiary of the bank is Rinat Akhmetov.
The European Bank for Reconstruction and Development (EBRD) has granted another loan of up to $200 million to the Kryvyi Rih Mining and Metallurgical Plant PJSC ArcelorMittal Kryvyi Rih (AMKR, Dnipropetrovsk region) to replenish working capital for the plant’s operations.
According to the EBRD, a senior loan of up to $200 million has been granted to the Ukrainian joint-stock company AMKR, whose controlling stake is owned by the ArcelorMittal group.
It is specified that the loan was approved on December 3, 2025.
It is noted that the loan will be used to finance the company’s working capital needs to ensure continuity of operations in Ukraine when operations are affected by the war. The project will expand access to market-relevant training and employment opportunities for veterans and people with disabilities in line with the company’s priorities for human capital recovery.
It is also added that the Bank is providing financing in the extraordinary circumstances caused by the war in Ukraine, with a unique set of terms, attributes, and provisions. The project is also gender-additive in line with new commitments to expand access to training for young women through AMCR’s flagship New Factory initiative on youth inclusion.
As reported, on November 26, 2025, the AMCR Supervisory Board approved a significant transaction—a loan from the EBRD.
At the same time, the market value of the property or services that are the subject of the transaction is determined in accordance with the law – no more than $200 million (8480300 thousand UAH at the NBU exchange rate as of 11/26/2025); the value of the issuer’s assets, according to the latest annual financial statements, is UAH 51,725,655 thousand; The ratio of the market value of the property or services that are the subject of the transaction to the value of the issuer’s assets, according to the latest annual financial statements (in percent) – 16.3947658082%.
ArcelorMittal Kryvyi Rih is the largest producer of rolled steel in Ukraine. It specializes in the production of long products, in particular, rebar and wire rod. The company has a full production cycle, with production capacities designed for an annual output of over 6 million tons of steel, more than 5 million tons of rolled products, and over 5.5 million tons of pig iron.
ArcelorMittal owns Ukraine’s largest mining and metallurgical complex, ArcelorMittal Kryvyi Rih, and a number of small companies, including ArcelorMittal Beryslav.
