Business news from Ukraine

Business news from Ukraine

In Lviv, SBC Summit Ukraine 2026 will bring together over 40 speakers from sports industry

On October 28, the 6th All-Ukrainian Sports Marketing Conference, SBC Summit Ukraine 2026 Lviv, will take place. For the first time, the event is moving outside the capital, reaffirming its status as the premier sports marketing event of the year, relevant to the entire country. Barvy Event Hall will host over 600 participants and more than 40 speakers, who will take the stage on two platforms.

SBC Summit Ukraine is the flagship conference of the Sport&Business Club community, held twice a year, and in 2024 it serves as the primary platform for dialogue between sports, business, and media in Ukraine. The event brings together key industry players—representatives of sports clubs, leagues, and federations, as well as media and business entities involved in sports. The conference program will cover the industry’s most pressing topics—from brand strategies and sponsorship to sports development, digital communications, and media in wartime conditions.

Among the speakers already announced are:

  • Matviy Bidny – Minister of Youth and Sports of Ukraine
  • Dmytro Stryzhov – founder and member of the Supervisory Board of SHERIFF
  • Oleksiy Dniprov—Vice President of the National Olympic Committee of Ukraine, President of the Ukrainian Padel Federation, and Rector of KNUBA
  • Roman Fedyshyn—President of the “Galichanka” Group of Companies and Chairman of the Ukrainian Handball Federation in Lviv Oblast
  • Andriy Rebrina—Director of the State Institution “Agency for Mass Sports of Ukraine”
  • Ihor Hryshchenko – Secretary General of the Ukrainian Football Association
  • Roman Khimyak – Director of the Department of Sports, Youth, and Tourism of the Lviv Regional Military Administration
  • Anton Nikulin – Director of the Sports Office of the Lviv City Council
  • Boris Tsomaya – Marketing Director of RIEL
  • Stanislav Horuna – Olympic bronze medalist in karate, founder of the Horuna Cup tournament, co-founder of the startup DuelDuck
  • Yevhen Dykyi – President of the Ukrainian Premier League
  • Danylo Shchestyuk – Head of the Digital Projects Department at 1+1 Media
  • Ihor Polosmak – Commercial Director of Kyivstar TV
  • Petro Adamyk – First Vice President of the Ukrainian Rugby Association, President of the Lviv Regional Rugby Federation
  • Oleg Shpur – Founder of Leo Family Group and the private sports and educational lyceum “Knowledge and Strength”
  • Andriy Rusol – CEO of FC “Karpaty”
  • Yevhen Buderatskyi – Deputy Editor-in-Chief of “Ukrainska Pravda”
  • Yaroslav Svisch – Rector of the Ivan Boberskyi Lviv State University of Physical Culture
  • Roman Gapachilo – President of the “Nezlamni” para-hockey club (Lviv)
  • Oleg Shcherbakov – Editor-in-Chief of Tribuna.com
  • Artem Fedetskyi – former player for “Karpaty,” “Dnipro,” “Shakhtar,” and the Ukrainian national team; UEFA Cup winner; President of FC “Karpatski Vedy”
  • Rostyslav Tuchak – Founder and CEO of BotsBand
  • Andriy Shevchuk – Visual communications expert, presentation director, and founder of SHEVCHUK BURO
  • Andriy Kovalskyi – Journalist and host on ICTV
  • Mykola Seredych – Director of Media, Marketing, and Digital Transformation at the Ukrainian Football Association
  • Yuriy Gladkyi – CEO of the brand marketing agency Grape, co-founder of Kryla Karpaty
  • Yevhen Kuzmenko – Founder and CEO of PlayVision
  • Yevhen Yefimenko – Co-Founder & CEO of Brendari
  • Arina Yevdokymenko – UPL TV host, sports journalist, and panel discussion moderator
  • Oleksiy Braga – Founder and CEO of Sport Business Media Agency

You can purchase tickets for SBC Summit Ukraine 2026 Lviv via this link: WayForPay. A SPORT-category ticket includes conference attendance and networking with industry professionals, access to the Sport&Business Club community, a participant’s kit, and a photo/video recap of the conference.

The BUSINESS ticket category additionally includes access to the business lounge and speakers’ area, exclusive networking with key representatives from sports, business, and media, a hospitality area provided by partners, priority entry to the event via the fast line, seats in rows 1–4 of the auditorium, access to speakers’ presentations, a video recording of the event, and a free, guaranteed parking space.

Open4Business is the information partner of the 6th All-Ukrainian Conference.

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Lviv Prepares for Feasibility Study on Warsaw–Rava-Ruska–Lviv European-Standard Railway Line

The Lviv region is preparing to sign an agreement to develop a feasibility study for the construction of the Warsaw–Rava-Ruska–Bryukhovychi–Lviv European-standard railway line.

According to “Interfax-Ukraine”, this was announced by Maksym Kozytskyi, head of the Lviv Regional Military Administration, during the forum “Regional Dialogues with Business on European Integration” in Lviv on September 24.

According to him, the new line is intended to provide a European-standard rail connection between Lviv and Warsaw. Options are being considered for the line to terminate either at Lviv’s main railway station or at the Sknylivsky station.

“An agreement on the development of a feasibility study is set to be signed soon. This feasibility study will be submitted to the railway authority, prepared in accordance with their technical specifications, and will cover a narrow-gauge connection between Lviv and Warsaw,” Kozytskyi noted.

Funding for the development of the feasibility study is planned to come from regional and local budgets.

Separately, the head of the Lviv Regional State Administration highlighted the extension of the European-gauge track to Uzhhorod as a promising project. In his view, this could partially relieve traffic at the road border crossings on the western border and create additional opportunities for the development of the Carpathian region.

Among other railway projects, Kozytskyi mentioned the already completed Nyzhankovychi–Khyriv–Smilnytsia line. According to him, the Ukrainian side has completed the necessary work, and the further launch of the route depends on agreements with the Polish side.

He also highlighted the need to expand certain sections of the Kyiv–Chop highway. The development of rail and road infrastructure, according to Kozytskyi, should strengthen the role of the Lviv region as one of Ukraine’s key logistics hubs.

The Warsaw–Lviv standard-gauge railway project is of particular importance for integrating Ukraine’s transportation system into the European network, as the standard track gauge in most EU countries is 1,435 mm, while Ukraine traditionally uses a 1,520 mm gauge.

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Lviv Ventilation Plant has invested $1.5 mln in second phase of production and plans to invest another $2.5 mln

The Lviv Ventilation Plant (LVP) has completed construction of the second phase of its production facilities and plans to install equipment by the end of 2026 that will allow the plant to double its production volume, according to Dmytro Kysilevsky, deputy chair of the parliamentary committee on economic development.

“The Lviv Ventilation Plant has completed construction of the second phase of its production facilities. The equipment has already been purchased and, according to the plan, will be installed by the end of 2026. The investment in the plant’s second phase totaled approximately $1.5 million,” he wrote on Facebook on Wednesday.

Kisilevsky noted that to implement the project, the plant utilized tools from the “Made in Ukraine” policy, specifically the “5-7-9” affordable loan program, as well as a grant for equipment for the processing industry. In addition, the plant is preparing to participate in the state program that compensates 15% of the cost of Ukrainian-made equipment.

According to the MP, in 2025, production volumes at the Lviv Ventilation Plant increased by 30% and have remained at the same level this year.
“The company has a full production cycle and currently processes about 55 metric tons of sheet metal per month. Investments totaling $2.5 million are planned for the construction of the plant’s third phase,” he added.

Kysilevsky also noted that the plant’s investors previously engaged in importing ventilation equipment but have now shifted their focus to developing production in Ukraine—the launch of the plant’s first phase, with investments of approximately $1 million, took place in 2022, a few months after the full-scale invasion.
The Lviv Ventilation Plant manufactures air ducts, sound absorbers, and components for ventilation systems designed for use in industry, retail, hotels, and business centers.

According to data from YouControl, in 2025 the plant increased its net sales revenue by 20% compared to the previous year—to 50.1 million UAH—while net profit decreased by 34.6%—to 1.6 million UAH. In the first half of this year, net revenue amounted to 19.6 million UAH, and net profit was 0.71 million UAH.

Serhiy Vozgomenchuk, a resident of the Rivne region, owns 100% of the company’s shares and serves as its CEO.

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Kyiv region overtook Kyiv in new housing construction volumes in the first half of the year

Kyiv region became the largest among the regional new housing construction markets specified by the State Statistics Service in January-June 2026, with 599.3 thousand sq. m, while 437.9 thousand sq. m were declared in Kyiv.

According to the Experts Club information and analytical center, around 9.1 thousand apartments were declared at the construction commencement stage in Kyiv region. In annual terms, the area of new construction remained virtually unchanged, decreasing by only 0.3%.

In Kyiv, the area of declared new housing decreased by 10.7% — to 437.9 thousand sq. m.

At the same time, the statistics on the number of apartments in the capital look unusual: the State Statistics Service indicates around 1.4 thousand declared apartments despite the significant total area. This may be related to the structure of specific projects and the specifics of the published data.

Lviv region became the third major market, where 501.5 thousand sq. m of housing and around 7.2 thousand apartments were declared in the first half of the year.

In Ivano-Frankivsk region, the area of new construction amounted to 248.4 thousand sq. m, decreasing by 20.5% year on year. At the same time, around 5.8 thousand apartments were declared.

In Odesa region, the figure reached 328.7 thousand sq. m and around 1.1 thousand apartments, but the State Statistics Service does not disclose comparable figures for the previous year.

Thus, in terms of the volume of declared new construction, the largest markets continue to be concentrated around Kyiv and the western regions of the country.

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Largest volumes of new housing concentrated around Kyiv and in western Ukraine

The Kyiv region became the largest among the regional markets for new residential construction listed by the State Statistics Service in January–June 2026, with a figure of 599,300 square meters, while 437,900 square meters were reported in Kyiv, according to Experts.news.

In the Kyiv region, approximately 9,100 apartments were registered at the start of construction. On an annual basis, the area of new construction remained virtually unchanged, decreasing by only 0.3%.

In Kyiv, the area of registered new housing decreased by 10.7%—to 437,900 square meters.

At the same time, the statistics on the number of apartments in the capital appear unusual: the State Statistics Service reports approximately 1,400 registered apartments despite a significant total area. This may be related to the structure of specific projects and the characteristics of the published data.

The Lviv region became the third-largest market, where 501,500 square meters of housing and approximately 7,200 apartments were announced in the first half of the year.

In the Ivano-Frankivsk region, the area of new construction totaled 248,400 square meters, down 20.5% year-over-year. At the same time, approximately 5,800 apartments were registered.

In the Odesa region, the figure reached 328.7 thousand square meters and approximately 1,100 apartments; however, the State Statistics Service has not disclosed comparable figures for the previous year.

Thus, in terms of the volume of announced new construction, the largest markets continue to be concentrated around Kyiv and the western regions of the country.

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Greenville Has Resumed Construction of Prostir Residential Complex in Lysynychi

Construction work at the Greenville Prostir residential complex (Lviv Oblast, Lysynychi village, 2 Osvitna St.) has resumed following the resolution of a legal dispute regarding the terms of use of the land plot.

According to the developer’s press office, the dispute centered on the amount of rent for the land plot in Lysynychi. As part of the settlement, the Greenville Group and the Lviv City Council agreed on a new rent amount and a mechanism for compensating the community budget for the difference arising from the previous period of land use.

“As the project’s developer, we took responsibility for finding a solution. It was important for us not to prolong the legal dispute but to find a model that takes into account the interests of the city, the community, and our investors. Today, this issue has been resolved, and we are resuming work on Greenville Prostir,” said project manager Oleg Kozub.

On August 11, the Lviv Regional Commercial Court approved the agreement reached by the parties and closed the case. With the court restrictions lifted, the company was able to resume construction work on the site.

The company’s next step is to restore construction work to full speed and present investors with an updated project timeline.

According to the LUN new-construction portal, the Greenville group of companies, founded in 2007, is carrying out projects in Lviv and Kyiv; since 2010, 45 buildings have been commissioned, and six buildings are currently under construction.

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