Business news from Ukraine

Business news from Ukraine

Comfy has updated its top management: Igor Khizhnyak has become president, and Gennady Verbylenko is new CEO

Comfy Trade LLC, which develops the Comfy network, has updated its management model and introduced the role of company president, which has been filled by Igor Khizhnyak, while Gennady Verbylenko has been appointed as the new CEO.

‘Comfy announces an update to its management model, which took place in early January 2026. The decision is aimed at strengthening strategic and operational management, ensuring management continuity and the further sustainable development of the company as a leader in the Ukrainian market for household appliances and electronics,’ the company said in a press release.

Igor Khizhnyak, who previously held the position of CEO of Comfy, has taken up the new position of president of the company. According to the announcement, as president of the company, he will be responsible for shaping its strategic priorities.

Khizhnyak has also joined the company’s advisory board. He will participate in determining Comfy’s strategic directions, evaluating key management decisions, and ensuring a balance between the company’s long-term goals, customer expectations, and market development.

In addition, Khizhnyak will soon take up the position of Chief Country Representative in Ukraine at Torwell, which indirectly co-owns Comfy. His task in his new position will be to develop investment projects in Ukraine, the press service reported.

The new CEO of Comfy is Gennady Verbylenko, who has held the position of CEO of the company in various years and was a member of its advisory board, as well as being a minority shareholder in Comfy.

“Comfy is a mature, transparent and efficient company with a strong position in the Ukrainian market and a clear understanding of its role and responsibilities. Today, we are moving on to the next stage of development, which requires a clearer division of strategic and operational focuses. The changes introduced strengthen the company’s management model, contribute to the further transformation of the business model and create the basis for long-term growth and a new level of leadership for Comfy,” said Stanislav Ronis, founder and key beneficial owner of Comfy, in a press release.

According to YouControl, Comfy Trade LLC is owned by Comfy Holdings Limited (100%, Cyprus), with Stanislav Ronis and Svitlana Hutsul as the ultimate beneficiaries.

As reported, Comfy increased its revenue by 9.7% in the first nine months of 2025 compared to the same period in 2024, to UAH 25.4 billion. At the end of 2024, it received UAH 47 billion 720.9 million in revenue, which is 27.1% higher than in 2023. 2024 was the first year when the company exceeded $1 billion in revenue.

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Presidents of United States and Ukraine will meet on Sunday at Palm Beach resort

The bilateral meeting between US President Donald Trump and Ukrainian President Volodymyr Zelensky will begin on Sunday, December 28, at the Palm Beach resort at 10 p.m. Kyiv time.

According to the schedule published on the website of the American parliamentary publication Roll Call, the meeting is scheduled for 3:00 p.m. local time.

It will take place in Palm Beach, near Trump’s private residence Mar-a-Lago, where Trump arrived for the weekend.

 

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Finnish president calls for support for Kiev despite corruption scandal

A peace agreement in Ukraine is unlikely to be reached before spring, and European allies must continue to support Kiev despite the corruption scandal, Finnish President Alexander Stubb said in an interview with the Associated Press.
“A peace agreement in Ukraine is unlikely to be reached before spring. European allies need to continue their support despite the corruption scandal that has engulfed Kiev,” he said.
Stubb is using his good relations with US President Donald Trump to defend Ukraine’s position: “I can explain to President Trump what Finland has gone through, how I see the situation on the battlefield, or how to deal with Russian President Vladimir Putin. And then, you know, if he accepts one of my ten ideas, that’s good,” he said.
He also recalled Finland’s historical experience: in the 1940s, after two wars with Russia, the country lost about 10% of its territory and remained militarily neutral. Finland’s neutral position was only revised after Russia’s full-scale invasion of Ukraine, when the country joined NATO.

 

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Serbian President Allowed Possibility of Holding Early Elections in 2026

As reported by the Serbian Economist, Vučić said: “We can hold presidential and parliamentary elections together” already in 2026.

Serbian President Aleksandar Vučić announced that he will not run for another presidential term and also allowed the possibility of holding early elections as soon as 2026.

“I officially have about a year and a half left until the end of my mandate. But it will probably last shorter — we can hold presidential and parliamentary elections together,” Vučić said.

He emphasizes that he does not intend to change the Constitution to extend his rule.
Vučić’s current presidential term officially ends in 2027, but he allows that elections could be scheduled as early as December 2026 or even earlier.

In part of his statements, he criticized the opposition, saying its representatives are “immature and irresponsible” and “do not learn from their own mistakes.”

Aleksandar Vučić has held key state positions in Serbia since the early 2010s. In particular:
• He became President of Serbia on June 1, 2017.
• Before that, he led the government (as Prime Minister) and was the leader of the Serbian Progressive Party (SNS) for many years.

Source: https://t.me/relocationrs/1522

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President of Venezuela announced mobilization of millions of police officers amid escalating tensions with US

Venezuelan President Nicolás Maduro has announced the deployment (mobilization) of up to 4–4.5 million Bolivarian National Police officers in response to “threats from the US” and the build-up of American military presence in the Caribbean. This was reported by international media outlets, including El País, CBS News, and Al Jazeera.

According to the publications, Maduro’s statement came after the US decided to double the reward for information leading to his arrest and/or conviction to $50 million. The US State Department and the Associated Press/PBS agencies reported on the increase in the reward.

El País and other sources also note that Venezuela’s mobilization was a response to the deployment of US destroyers and other forces near the country’s coast, which has increased tensions in the region. Washington had previously accused Maduro of involvement in international drug trafficking and related crimes; the decision to increase the reward was announced this month.
American and international analytical publications note the growing military and political rhetoric on both sides and warn of the risks of further escalation. At the same time, there is no independent confirmation of the start of a “war” between the US and Venezuela; we are talking about mobilization steps and increased readiness against the backdrop of political confrontation.

 

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Kiev Aviation Institute has announced all candidates for position of president

The chairman of the supervisory board of the Kiev Aviation Institute (KAI) State University and founder of the Kontora Pi public organization, Petr Chernyshov, has announced the names of six of the eight candidates for the position of KAI president.

“Two candidates have decided not to disclose their names at this stage, so we are currently referring to them as Candidate X and Candidate Y. This is their legal right, and we respect it. We are maintaining a balance between the transparency of the process and the human right to privacy until the winner of the competition is announced,” he said in a Telegram channel.

The candidates for the position of president are: Andriy Andrikevich, chairman of the Industry Committee of the Kyiv Chamber of Commerce and Industry, formerly a lecturer in strategic management at Visotsky Consulting; Yuriy Korolev, IT entrepreneur, employee of AJAX, formerly associate professor at the University of Customs and Finance; First Vice-Rector of the State University of Information Technologies and Communications, former Head of the Department of Information Technology Security at the National Aviation University, Alexander Korchenko; Head of the Red Huber NGO; former representative of Ukraine in the European Student Union, Vladimir Ksenich; Acting President of the Kiev Aviation Institute, Ksenia Semenova; Associate Professor of the Department of Automation and Energy Management at the Kiev Aviation Institute, Sergei Tovkach.

Interviews with candidates will be held on August 26 and 27, 2025.

 

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