Business news from Ukraine

Business news from Ukraine

Relocating and Working Abroad: What Level of English Do You Really Need?

The question “What level of English do you need to work abroad?” sounds very simple. It’s as if you could just open a chart, find your profession, see B1, B2 or C1 listed next to it, and calmly pack your suitcase. But in real life, things are a bit more complicated. And, fortunately, it’s not as scary as it sometimes seems.

For most professionals planning to work abroad or in an international environment, the main benchmark is level B2 on the CEFR scale. This is the point where English stops being just a school subject and becomes a working tool. You can hold a conversation, explain your point of view, ask clarifying questions, write a letter, understand colleagues during a meeting, and not get stuck every time someone speaks faster than the narrator in a language learning audio recording.

But it’s important not to overstate things. B2 doesn’t mean “I speak like a native speaker.” It doesn’t necessarily mean perfect pronunciation, flawless grammar, or a vocabulary for every situation, including the subtleties of British irony. B2 is functional independence. You can carry out your tasks in English without needing a constant translator in your head or by your side.

B Level B1B shouldn’t be overlooked either. With this level, you can work in many roles, especially if communication isn’t the central part of the job. For example, if the tasks are more technical, routine, or tied to clear instructions. But B1 often creates a ceiling. It’s as if the person can do the job, but they struggle more in interviews, adapt more slowly, avoid complex conversations, and can’t always demonstrate their true professional level. They have the knowledge and the experience, but English stands in the doorway like a bouncer at a club: “You’re not getting in today.”

C1 isn’t necessary for everyone. This level is for those for whom the language is one of their primary work tools. Management, sales, consulting, HR, teaching, negotiations, public speaking, and working with highly complex documentation. These are situations where you need to do more than just “get your point across”—you need to influence, persuade, defuse conflicts, give presentations, lead complex discussions, and quickly respond to nuances.

One of the most common mistakes people make before relocating is confusing English for job interviews with English for work. These are two different worlds, even though they’re right next to each other.

An interview is a genre all its own. You need to be able to talk about yourself, explain your experience, describe your strengths, answer awkward questions, stay composed under stress, and not start a sentence with “How do you say…” five times in a row. You can prepare for an interview fairly quickly if you already have a basic level of English. You can work through typical questions, learn vocabulary specific to your field, rehearse your answers, and gather a few compelling stories about your experience.

But then the day-to-day work begins. And that’s when English reveals its true nature.

At work, you need to understand colleagues with different accents. One speaks quickly, another swallows half his words, a third uses slang, and a fourth writes messages as if he’s saving letters for his grandchildren. You need to read internal documents, participate in meetings, respond to changes, negotiate deadlines, clarify tasks, and sometimes say “I disagree” in a way that sounds professional rather than like a diplomatic blunder.

That’s exactly why many people experience a strange contrast after moving: they passed the interview, got the job, but the first few months are still difficult. Not because their language level is “bad.” But because they didn’t prepare for those specific situations. They prepared for getting in, but not for life on the inside.

Another pitfall is self-assessment. This is especially true for those who have been reading in English for a long time, watching videos and TV shows, or listening to podcasts. Passive comprehension often develops faster than active speaking. A person might understand an article perfectly but get flustered when they have to explain their point of view in 20 seconds during a phone call. At that moment, the brain behaves like an old computer with 47 tabs open: everything seems to be there, but nothing loads in time.

That’s why, before relocating, it’s helpful not just to think, “I’m roughly at the Intermediate level,” but to honestly assess your level according to the CEFR. And it’s best to assess not only grammar but also speaking, listening, writing, and real-world scenarios. After all, someone might know the tenses but be unable to confidently handle a short phone call. Or they might speak well on everyday topics but struggle with professional vocabulary.

Your English level depends on both the country and the industry. In some companies, English will be the primary language of communication. In others, it’s needed only for documentation, correspondence, or contact with international clients. In large cities and international teams, the requirements are usually higher. In local companies, a lower level is sometimes sufficient, but English quickly becomes important for career growth anyway.

For IT, finance, marketing, logistics, medicine, education, service, or management, the requirements also vary. For example, a developer sometimes only needs to confidently understand tasks, write short messages, and participate in daily stand-ups. A project manager, on the other hand, needs the language for negotiations, conflict resolution, presentations, reports, and explaining complex decisions. Formally, both might have a B2 level, but the substance of that B2 will differ.

This is where the most important part begins: you need to prepare not for “English in general,” but for English tailored to a specific role. If you plan to work in customer service, you need to practice real-life conversations, handling complaints, clarifying details, and using polite phrasing. If you’re heading into IT, you’ll need to handle meetings, technical discussions, status updates, correspondence, and interviews. If your goal is a managerial position, the focus should be on argumentation, presentations, negotiations, and precise phrasing.

Business Language systematically structures this training: first, your actual level is assessed; then your goal is defined; and finally, the program is tailored to the situations you’ll actually encounter after relocating or working internationally. It’s not an abstract “conversational course” where today’s topic is food, tomorrow’s is the weather, and the day after tomorrow’s is happy raccoons in Canada. It’s practical preparation for specific work scenarios.

The ideal level of English for working abroad isn’t the one that looks good on a resume. The ideal level is the one that allows you to do your job, build relationships with colleagues, pass interviews, not remain silent in meetings, and not miss out on opportunities just because of a language barrier.

To get started, B1+ is enough for many people, provided the role doesn’t require complex communication. For stable employment and career growth, the best benchmark is B2. For leadership, client-facing, and public-facing roles, you should aim for C1.

The key is not to wait for the moment when your English becomes “perfect.” That moment often never comes, even for very strong students. It’s better to honestly define your goal, understand the gap between your current level and the one you need, and then practice the specific skills that will yield the best results.

Because relocating and working abroad isn’t a language exam taken just to get a good grade. It’s real life, where English isn’t meant to gather dust on a shelf but to get the job done. Like a good tool: when you need it most.

 

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Analysis of Croatian housing market by Relocation

In January-November 2025, the Croatian residential real estate market cemented its status as one of the most expensive and dynamically growing in the EU. Official statistics and private research show double-digit price growth amid a slowdown in the number of transactions and an increased role of the state in addressing the issue of housing affordability.

According to the State Statistics Office (DZS), the average price per square meter of new housing in Croatia in the first half of 2025 was €2,754. This is approximately 15.9% more than in the first half of 2024 and 5.3% higher than in the second half of 2024.

By region. – Zagreb: around €2,958 per square meter (+4.5% year-on-year), rest of Croatia: around €2,511 per square meter, with growth in these cities and towns reaching 22% over the year, reflecting the rapid rise in housing prices in coastal and tourist regions.

The House Price Index shows that in the second quarter of 2025, residential property prices rose by 4.4% compared to the previous quarter and by 13.2% compared to the same period in 2024. According to Eurostat, this is one of the highest figures in the EU in terms of quarterly and annual growth.

According to market analysts’ estimates, the average price of housing (including secondary housing) in the fall of 2025 approached €2,800–2,900 per square meter across the country, which is approximately 70–80% higher than in 2020. At the same time, the average price of apartments is estimated at over €3,800–4,100 per square meter, while houses are slightly cheaper.

Market data shows that the gap between the coast and inland regions is widening:

In Split, the average asking price in October 2025 reached around €5,315 per square meter, almost 15% more than a year earlier.

In Dubrovnik, an apartment costs on average more than €4,100 per square meter, and in prestigious locations, the range is €5,000–7,000 and above.

In Istria and popular locations in Central and Southern Dalmatia, typical prices range from €3,500 to €7,000 per square meter, depending on the class of the property and its proximity to the sea.

Inland regions (e.g., Slavonia) remain significantly cheaper, often in the range of €1,000–2,000 per square meter.

In Zagreb, the average price for apartments is estimated at around €3,400–3,500 per square meter, but there is a significant gap between districts within the city. Analysis of private listings shows that the central and “tram” areas of the capital are significantly more expensive than the suburbs.

A separate trend in 2025 is stagnation and even a slight decline in house prices in some segments. According to one of the largest ad portals, the average price of houses in Zagreb in the middle of the year was around €1,200 per square meter, with price growth slowing more sharply than for apartments.

Despite high prices, the market has not yet shown a full correction. Some analytical reviews note a decline in the number of transactions in the first half of 2025, but this has had virtually no impact on price levels, especially in coastal regions, where supply remains limited.

At the same time, rising interest rates and tighter mortgage lending conditions, which began in 2023–2024, are limiting the options for some households, especially young families. In 2025, the Croatian National Bank tightened macroprudential requirements for banks and mortgage loans in an effort to curb overheating in the housing market and risks to financial stability.

According to Arvio’s report for the first quarter of 2025, foreigners accounted for about 7.19% of all real estate transactions in Croatia. The most active buyers were:

citizens of Slovenia – approximately 30.2% of foreign transactions,

Germany – approximately 21.1%,

Austria – approximately 10.4%.

The total number of transactions involving foreigners has been declining for the third consecutive year: an estimated 13,300 in 2022, 12,300 in 2023, and 11,600 in 2024.

Foreigners traditionally concentrate on the Adriatic coast (Istria, Kvarner, Dalmatia) and the islands, where new apartments and houses ready for immediate occupancy or rental are in demand. It is external demand, combined with limited supply, that largely supports the high and rising price level.

The sharp rise in prices and the decline in housing affordability prompted the government to adopt the first comprehensive National Housing Policy Plan until 2030 in 2025.

Key facts on which the document is based:

there are about 2.39 million housing units in the country, with about 40% not used for permanent residence,

over the past five years, the price of new apartments has increased by approximately 54%,

young families face difficulties in accessing mortgages and a shortage of affordable housing.

In fact, the state is trying to simultaneously cool down overheated market segments and expand the supply of affordable apartments, especially in the medium and long-term rental market.

Based on statistics for the first three quarters and market participants’ expectations, the baseline scenario for the end of 2025 and 2026 is as follows:

Prices will continue to rise, but at a slower pace than the double-digit rates seen in 2023-2024. Already in the second half of 2025, some analysts are noting a slowdown in growth, especially in the housing segment and in regions far from the sea.

The gap between the coast and inland regions will remain: tourist and premium locations will become more expensive faster, while “continental” Croatia will remain relatively affordable, which may support internal migration and local demand.

According to analysts’ estimates, the share of foreign buyers will remain at around 8% of all transactions by the end of 2025 or will decline slightly due to high prices and affordability issues.

The implementation of the National Housing Plan until 2030 will play an important role, including the launch of affordable rental programs, the activation of vacant housing stock, and the adjustment of subsidized home purchase programs.

For Croatia, where real estate has become a key tool for household savings and an object of interest for foreign capital, the coming years will be a test of its ability to combine the goals of economic growth, tourism development, and ensuring basic housing affordability for its own citizens.

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In Spain, secondary housing prices rose to a record €2,555 per square meter – Relocation

According to an analytical report by Relocation, the average price of secondary housing in Spain reached a historic high of €2,555 per square meter in October 2025, which is 15.7% more in annual terms and 1.5% more than in September. In some markets, the growth was even higher: in the province of Malaga, the average price of secondary housing rose to €3,842 per square meter in August, +13.8% year-on-year. The INE’s nationwide housing price index for the second quarter recorded +12.7% year-on-year, with secondary housing rising by 12.8%.

Prices in Spain are being driven by a shortage of supply, high demand in coastal provinces and on the islands, and sustained activity from foreign buyers. According to Relocation, up to 80% of potential buyers face the problem of affordability and a lack of suitable properties, which further pushes prices up.

The leaders in terms of regional dynamics are the Costa del Sol, the Balearic and Canary Islands, and the provinces of Alicante and Valencia. In the large agglomerations of Madrid and Barcelona, demand is sustained by the rental market and limited construction.

Spanish business publications forecast further growth of 4-6% for 2025-2026, with a shortage of new supply on the market.

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Housing prices in Hungary rose by almost 18% in Q2 – Relocation analysis

In Q2 2025, average housing prices in Hungary rose by 17.9% year-on-year and 5.1% quarter-on-quarter according to the aggregate index of the National Bank of Hungary. In Budapest, the increase was 23.1% year-on-year and 6.3% quarter-on-quarter, in cities outside the capital – 18.7% year-on-year and 5.9% quarter-on-quarter, in rural areas – 10.7% year-on-year and 2.8% quarter-on-quarter, according to the latest issue of the MNB House Price Index for Q2.

According to Eurostat, in Q2 2025, the aggregate housing price index in the EU rose by 5.4% y/y and 1.6% q/q, indicating that Hungary is outperforming the European average. At the same time, the number of housing transactions in Hungary fell by 5.7%, indicating rising prices amid declining activity.

In Q1 2025, the MNB recorded double-digit price growth both nationally and in the capital, against the backdrop of a revival in mortgage lending and a number of subsidized programs.

The acceleration of prices in the second quarter in the capital and major cities, accompanied by a decline in transactions, points to a market where demand is mainly sustained by improvements in real household incomes and supportive measures, as well as a shift in supply from short-term rentals to long-term formats amid increasing regulation, especially in Budapest.

The baseline scenario for Q4 2025 is a slowdown in growth to 3-4% q-o-q nationwide and 4-5% q-o-q in Budapest amid seasonality and partial profit-taking. A more moderate trajectory is expected for 2026: 6–9% y-o-y nationwide and 8–11% y-o-y in the capital, provided that support programs and stable rates are maintained. Risks of a slowdown include a possible tightening of mortgage conditions and a slowdown in real incomes; risks of acceleration include the expansion of subsidized mortgages and additional restrictions on short-term rentals in tourist areas. The assessment is based on the dynamics of the MNB index, Eurostat statistics on transactions, and reports from the regulator on income support policy.

http://relocation.com.ua/housing-prices-in-hungary-rose-by-almost-18-in-the-second-quarter-analysis-by-relocation/

 

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Rental market in Prague – analysis by Relocation

The rental market in Prague in 2025 remains one of the most dynamic in Central Europe. Demand exceeds supply, especially in the central districts of the city — Prague 1, Prague 2, and Prague 3, which traditionally attract both locals and foreigners, according to analysts at Relocation.com.ua, citing data from Global Property Guide and the Czech Statistical Office.

The average asking rent for a one-bedroom apartment in Prague in 2025 is around CZK 26,500 (≈ €1,050) per month. This is 8-10% higher than in 2024, when the average was around CZK 24,000.

Two-bedroom apartments in central areas (Prague 1, 2, 5) cost between €1,300 and €1,900 per month, while in residential areas such as Prague 9 or Prague 10, rents for similar accommodation range from €850 to €1,200.

According to the Sreality.cz portal, during the first half of 2025, the average rent in the capital rose by 5.7%, and compared to 2023, by more than 15%. The main drivers are the rising cost of new construction, high mortgage interest rates (which keep people in the rental market), and a steady influx of foreign workers.

The share of renters in Prague continues to grow and already exceeds 25% of households, which is the highest figure in the Czech Republic. Young professionals under the age of 35 account for more than half of all renters, while among foreigners, the most active groups are Ukrainians, Slovaks, Indians, and EU citizens.

The profitability of renting in Prague remains attractive to investors: according to Global Property Guide estimates, the average gross yield ranges from 4.8% to 5.4%, depending on the area and type of property.

Among the trends for 2025 is increased discussion around the regulation of short-term rentals (Airbnb): the municipality is considering options for limiting the duration of apartment rentals in tourist areas in order to balance the interests of local residents and the tourism business.

Experts predict that the housing shortage and growth in rental demand will keep the market buoyant until at least mid-2026. New construction in the center remains limited, with most growth in supply expected on the outskirts of the city, particularly in Prague 9, 10, and 13.

Source: http://relocation.com.ua/prague-rental-housing-market-analysis-by-relocation/

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Ukrenergomashiny will invest UAH 125 mln in relocation and modernization of production

JSC Ukrenergomashiny, more than 75.22% of whose shares are owned by the state, has planned capital investments of UAH 125 million for the current year, in particular for the organization and costs of relocating part of its production facilities to the Zakarpattia region, according to the company’s interim financial report for the first half of 2025.

“The total volume of planned capital investments for 2025 is UAH 125 million, including the organization of events and expenses for the relocation of part of the production facilities to the Zakarpattia region, which are planned to be covered by funds from the budget reserve fund in accordance with the relevant resolution of the Cabinet of Ministers,” the published report states.

As reported, in April 2024, the company announced without details its decision to establish branches in the western regions of Ukraine: Lviv, Zakarpattia, and Chernivtsi. However, the press service clarified at the time that the company would remain in Kharkiv, and the branches would be created to speed up the production of electric traction equipment and logistics processes in order to quickly deliver equipment under export contracts.

According to the financial report for the first half of this year, in 2025, the largest investments are planned for the development of existing production facilities, in particular, the purchase of new equipment, overhaul, and modernization of existing equipment. In particular, UAH 38.4 million is planned to be allocated to provide production with the necessary organizational and technical equipment and tools, and UAH 7.4 million to develop auxiliary production and a laboratory and experimental base.

“These measures are partially financed from our own funds and from funds attracted from the budget reserve fund,” the company said.

Ukrenergomashini reports that in the second quarter of this year, UAH 1.76 million was spent, including UAH 675,000 on the purchase of new equipment.

At the same time, it is emphasized that in order to preserve the production capacities of a strategic enterprise that is of particular importance for Ukraine’s energy sector, work is underway to relocate part of the equipment to western regions.

JSC Ukrenergomashyny reminds that it is one of the largest enterprises in the world and the only designer and manufacturer in Ukraine of a wide range of equipment for the energy sector, but during the war, it has mastered the production of a wide range of other special products, in particular, for urban transport (customer: Tatra-YUG LLC), an electric motor has been designed and launched into serial production. A number of products have also been mastered for Friendly Wind Technologies LLC.

In addition, the design of an automatic reversing switch and switch for trams and trolleybuses is being completed, a control unit for diesel locomotives has been developed, and the production of traction units has been established.

As reported, the company ended January-June of this year with a net profit of UAH 0.49 million, while for the same period last year it was UAH 20.81 million, with a slight decrease in net income to UAH 468.85 million.

According to the report, sales in the second quarter amounted to UAH 243.55 million, of which UAH 132.255 million were export deliveries (54.3% of sales), with products exported to Kazakhstan, India, Armenia, Bulgaria, and Hungary.

The main customers (more than 5% of total revenue) include Ukrhydroenergo, NAEK Energoatom, Centrenergo, Mykolaiv Locomotive Repair Plant, Kryukiv Railway Car Building Works, DTRZ, Tatra-Yug, as well as Kozloduy NPP (Bulgaria), Paks NPP (Hungary), AAEK (Armenia), and KBI Energy (Kazakhstan).

At the same time, the value of concluded but not yet executed agreements (contracts) as of the end of the second quarter of 2025 exceeds UAH 8 billion, and the total amount of payments remaining to be paid under these contracts is UAH 2.86 billion.

Ukrenergomashyny JSC names foreign companies Andritz (Austria), Voith (Germany), General Electric (USA), and Bharat Heavy Electric Ltd. (India) as its main competitors and assesses competition in the markets as high.

JSC Ukrenergomashiny is the only manufacturer of turbine equipment for hydro, thermal, and nuclear power plants in Ukraine. It also produces electric motors for rail and urban transport.

As of July 1, 2025, the company employed nearly 2,600 people.

 

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