Business news from Ukraine

Business news from Ukraine

Ukraine will allocate 20.1 billion hryvnia to science in 2026

The Ukrainian state budget for 2025 allocates UAH 14.5 billion for science funding, while the draft (adopted) state budget for 2026 sets this figure at UAH 20.1 billion, according to materials from the Ukrainian Ministry of Finance.

In the Ministry of Finance’s presentation on the 2026 budget, 3.2 billion hryvnia is earmarked for supporting science on a performance basis, 1 billion hryvnia for creating scientific centers for defense developments, and 0.7 billion hryvnia for projects by young scientists.

At the same time, the latest available official summary statistics on internal expenditures for research and development (R&D) refer to 2024: they amounted to UAH 28.328 billion, which is 32.7% more than a year earlier; R&D intensity (share of GDP) increased to 0.37% from 0.30% in 2023.

According to the summary review, in 2024, 616 organizations were engaged in research and development, and the number of personnel employed in R&D was 63,800.

In terms of the structure of R&D funding in 2024, 30.6% came from the organizations’ own funds, 40.8% from the public sector (including 38.5% from the state budget), 11.6% from the business sector, and 15.9% from foreign sources.

By sector, the business sector accounted for 59.9% of domestic R&D expenditure, the public sector for 33.4%, and the higher education sector for 6.7%.

Ukrainian legislation sets a benchmark whereby the state provides budgetary funding for scientific and scientific-technical activities in the amount of at least 1.7% of GDP.

Compared to the EU, Ukraine’s R&D indicators remain low: according to Eurostat estimates, in 2024 the European Union spent €403.1 billion on R&D, and R&D intensity amounted to 2.2% of GDP (unchanged from the previous year).

The “domestic R&D expenditure” indicator reflects the total expenditure on research and development within the country from all sources. The “funding for science in the state budget” indicators are a narrower snapshot and are not equal to total domestic R&D expenditure.

https://expertsclub.eu/ukrayina-v-2026-r-planuye-201-mlrd-grn-na-nauku/

 

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Work of tax authorities may be limited during New Year holidays

The State Tax Service of Ukraine (STS) warns of probable restrictions in work from December 31, 2025 to January 2, 2026 due to routine and technical works. According to information in its Telegram channel, the works are related to the end of the budget year 2025 and the beginning of the budget year 2026.

“During this period there may be restrictions in the work of electronic services of the State Tax Service. December 31, 2025 – the last operational day of 2025 for the reception and processing of tax invoices and calculations of the adjustment to tax invoices to the Unified register of tax invoices, which will continue until 3 pm,” – explained STS.

At the same time, January 2, 2026 is defined as the first operational day of 2026 to accept for processing of tax invoices and adjustment calculations, information and communication systems of STS will work in normal mode.

The results of processing electronic documents, except for tax invoices and adjustment calculations, which will be received from 15:00 on December 31, 2025 to 15:00 on January 2, 2026, will be sent after the completion of routine and technical work.

Also in the STS emphasized that the fiscal server of the supervisory authority works in normal mode with possible restrictions at night.

 

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Red Cross heating centers opened in Kyiv region

The Ukrainian Red Cross (URC) has set up heating centers in settlements in the Kyiv region.
“After another massive Russian attack on Kyiv and the Kyiv region, many people were left without electricity, water, and heat. In order to support the population in the absence of basic utilities, the Ukrainian Red Cross has set up heating points in settlements in the Kyiv region,” the UKR reported on Facebook on Sunday.
Two mobile heating points, set up by volunteers from the rapid response team of the National Committee of the Ukrainian Red Cross Society, operated in Brovary and Zazimye for two days. During this time, more than 100 people sought help. Here, they could warm up, drink hot beverages, charge their mobile phones, and rest.
In Vyshgorod, two heating points set up by the Kyiv Regional Rapid Response Team of the Ukrainian Red Cross have been operating for the second day in a row, providing all the necessary assistance to local residents.

 

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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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Ukraine’s digital public administration recognized as one of most mature in world

Ukraine has joined the group of countries with the highest level of maturity of digital public administration according to the updated GovTech Maturity Index 2025 (GTMI) of the World Bank, according to the published report of the organization.

According to the report, GTMI 2025 covers 197 economies and divides them into four groups according to the level of GovTech development: A – Extensive, B – Significant, C – Medium and D – Low.

Ukraine is assigned to Group A, which includes 80 states demonstrating the most advanced solutions in the sphere of digital public services, basic information systems, open data and digital interaction with citizens.

The document notes that over the period from 2022 to 2025, the share of Group A countries has increased and the gap between leaders and outsiders of digital transformation of the public sector has widened. Europe and Central Asia as a whole remains one of the most mature regions in terms of GovTech.

Earlier, the researchers pointed out that Ukraine has significantly improved its performance in recent years and moved from Group B to Group A on the GovTech index, reflecting progress in the digitalization of public services, the introduction of electronic document management systems and the development of open data.

https://www.fixygen.ua/news/20251226/ukrayina-uviyshla-do-chisla-krayin-iz-naybilsh-rozvinenim-tsifrovim-derzhupravlinnyam.html

 

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Ukraine ranks among top milk suppliers to Uzbekistan

Ukraine continues to be one of the largest suppliers of cheese to the Uzbekistan market, ranking among the top 10 exporters of this product. Dairy products traditionally occupy an important place in the diet of the Uzbekistan population, where fermented drinks such as kefir, ayran, and bifidok are particularly popular. At the same time, the most dynamically growing segments are ready-made baby food, drinkable yogurts, and butter, which indicates a gradual expansion of consumer preferences and demand for products with higher added value.

As Olga Gvozdeva, advisor to the director of the Office for Entrepreneurship and Export Development, noted, demographic and infrastructure factors are important for market development. “The average age of the population is 29, and the level of urbanization is only 51%, which creates certain logistical difficulties, especially for products that require a cold chain,” she said.

The growing demand for dairy products in a country that is home to 38% of Central Asia’s population makes Uzbekistan the largest potential consumer market for dairy products in the region.

There is a free trade agreement between Ukraine and Uzbekistan, which provides for a zero customs duty rate for products with a Ukrainian CT-1 certificate. Currently, 16 Ukrainian companies have official permission to export dairy products to Uzbekistan. Among them are:

Agroprosperis LLC
Molochny Aliance LLC
Yuriya-Plus LLC
Lvivmolprodukt LLC
Kyivmolprodukt LLC
Rogan Dairy Factory LLC
Prostokvashino LLC
Podillya LLC
Zarechnoye LLC
Starokostiantynivsky Milk Plant LLC
Shostka LLC
Volynmoloko LLC
Ivano-Frankivsk Milk Plant LLC
Bukovina LLC
Milko Dnipro LLC
Ternopil Milk Plant LLC

Uzbekistan is actively updating its regulatory system. In particular, in 2023, outdated technical regulations were abolished, and new sanitary standards and product safety assessment mechanisms were introduced. Particular attention is paid to compliance with Halal standards, in particular, the national certification system has been in operation since May 2023. The “Foydalilik belgysi” (Usefulness Mark) label was also introduced, which classifies products according to their nutritional value.

Thus, Ukraine has significant prospects for increasing exports of dairy products to Uzbekistan, which, given the growing demand and regulatory changes, is a lucrative opportunity for Ukrainian producers.

 

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