Business news from Ukraine

Business news from Ukraine

Ukraine and Azerbaijan Will Strengthen Cooperation in Fight Against Transnational Crime

Ukrainian Minister of Internal Affairs Ivan Vygivsky held a telephone conversation with Azerbaijani Minister of Internal Affairs Vilayat Eyvazov, according to the press service of the Ukrainian Ministry of Internal Affairs.

“We discussed our partnership in the field of law enforcement. The key areas of cooperation are combating organized and transnational crime, cybersecurity, and the fight against fraud, as well as strengthening practical cooperation,” Vygivsky said following the conversation.

During the talks, the head of the Ukrainian ministry also briefed his counterpart on the current situation in the country, particularly regarding the latest Russian shelling of civilian infrastructure and attacks on the civilian population.

The parties paid special attention to joint humanitarian initiatives, particularly in the areas of healthcare, rehabilitation, and social support for the families of Ukrainian defenders.

“In the past year alone, the Republic of Azerbaijan has hosted two groups of high school students from the Ministry of Internal Affairs. The students had the opportunity to learn about the country’s culture and history and broaden their horizons. In recent years, our units have also received humanitarian demining equipment and technology from Azerbaijan that ensures uninterrupted operations during power outages. We are grateful to the Government of the Republic of Azerbaijan for its support of Ukraine and assistance to the Ministry of Internal Affairs. We agreed to strengthen our partnership,” Vygivsky concluded.

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Ukraine won one gold and two silver medals at International Olympiad in Informatics in Uzbekistan

Ukrainian high school students won one gold and two silver medals at the 38th International Olympiad in Informatics (IOI 2026), which took place August 9–16 in Tashkent, Uzbekistan.

A total of 375 students from 97 countries participated in the competition. Over the course of two competition days, participants solved complex algorithmic programming problems.
Vladislav Khalin achieved the best result among Ukraine’s representatives. He scored 398.32 points, placed 16th in the overall individual rankings, and received a gold medal.

Ilya Shevchenko, with a score of 336.44 points, placed 58th and received a silver medal. Daria Perekopskaya brought home another silver medal for Ukraine, scoring 333.01 points and placing 62nd.
The fourth member of the Ukrainian team, Daria Lobas, placed 198th with a score of 219.04 points.

First place in the individual rankings of the 2026 IOI went to Qiwen Xu of China, who scored 498.27 points out of a possible 600.

The International Olympiad in Informatics (IOI) is one of the most prestigious international subject-based Olympiads for high school students. The competition is held annually and is designed to test skills in algorithmic thinking, programming, and solving complex computational problems. Unlike team sports tournaments, the official IOI results are determined primarily on an individual basis.

According to official IOI statistics, Ukrainian high school students have won 110 medals throughout the history of their participation, including 14 gold, 44 silver, and 52 bronze.
The official results of the 2026 IOI have been published by the International Olympiad in Informatics statistical system.

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Ukraine Received Nearly 67 Million UAH in Medical Humanitarian Aid in July

In July 2026, Ukraine received medical humanitarian aid from international partners totaling nearly 67 million UAH, the Ukrainian Ministry of Health reported on August 13. This is nearly double the amount received the previous month, when the volume of aid exceeded 34.2 million hryvnia.
Humanitarian supplies in July were provided by partners from Norway, Georgia, Finland, and Switzerland, as well as the Global Fund to Fight AIDS, Tuberculosis, and Malaria. Ukraine received ambulances, medicines, diagnostic supplies, medical furniture, and other equipment.
The Norwegian government donated four Mercedes-Benz Sprinter ambulances to Ukraine, with a total value of over 2 million UAH. The vehicles are intended to strengthen the capabilities of Ukrainian medical facilities and emergency medical services.
Ukraine received rabies immunoglobulin worth more than 358,000 UAH from the Georgian government. The medication is used to prevent rabies following possible human contact with an infected animal. Finland donated medical furniture and supplies for healthcare facilities.
A significant portion of the July shipments consisted of aid provided under the Global Fund’s program “Sustainable Response to HIV and TB Epidemics in the Context of War and Recovery in Ukraine.”
Ukraine received test kits for detecting tuberculosis infection, blood collection tubes, and antibacterial and antituberculosis medications. The shipments also included amphotericin B, used to treat severe fungal infections, as well as isoniazid and isoniazid/rifapentine for the preventive treatment of tuberculosis in people living with HIV.
A separate shipment of humanitarian aid was provided by the Swiss company Abbott Products Operations AG. The company donated the drug Physiotens for the treatment of hypertension, with a total value of over 2.7 million UAH.
Compared to June, the value of medical humanitarian aid increased by approximately 96%—from more than 34.2 million UAH to nearly 67 million UAH.
Since the start of the full-scale Russian invasion, Ukraine has received more than 18,700 metric tons of medical humanitarian aid through the Ministry of Health’s channels of cooperation with international partners and organizations.

 

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Serbian city of Kragujevac organized summer camp for children from Zaporizhzhia

According to Serbian Economist, the Serbian city of Kragujevac organized a summer camp for 19 children from Zaporizhzhia, aged 13–16, who stayed at a children’s health resort in the city of Kopanik from August 1 to 10.

A sports, recreational, and cultural program was prepared for the Ukrainian children. They took part in walks and group activities, learned about Serbian traditions, and studied elements of Serbian folk dances alongside choreographers from the “Abrasevic” Center for Traditional Culture in Kragujevac.

The trip was part of a humanitarian initiative to organize recreational stays in Serbia for children from Ukrainian regions affected by the war.

Kragujevac is located in central Serbia and is one of the country’s largest industrial and university centers. Thanks to its location in central Serbia, the city has convenient connections to Belgrade, Kopaonik, and other tourist and business centers in the country.

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Ukraine Needs Underground Fuel Storage Facilities – Serhiy Kuyun

Against the backdrop of shrinking fuel supply channels and the Russian Federation’s increasingly intense attacks on fuel infrastructure, Ukraine needs to build decentralized, small-scale underground storage facilities for petroleum products, according to Serhiy Kuyun, director of the consulting firm A-95.

“There is only one solution—storage in underground facilities. It appears that both the government and private players are already working on this. At the same time, building such infrastructure is at least twice as expensive as above-ground storage tanks,” he wrote on his Facebook page on Wednesday.

Meanwhile, according to the expert, there is currently no government support, not even in the form of deregulation or expedited approval of project documentation, let alone preferential lending and other incentives.

According to Kuyun, when creating underground storage facilities, the goal should not be to build large-scale facilities, as they are more vulnerable to complex missile strikes.

“But if every importer builds its own small storage facilities with a capacity of 3,000–4,000–5,000–10,000 cubic meters, this will already be a much more resilient structure. In any case, however, it’s important to understand that this won’t happen quickly—it will take one and a half to two years if we start today,” he believes.

According to the expert, it is necessary to convey to citizens, municipal institutions, and government organizations, as well as private companies, the need to build up fuel reserves. “A reserve distributed among consumers will help prevent panic buying and an excessive, sudden strain on the supply system in the event of a crisis,” noted the director of A-95.

According to him, Russia has launched new strikes on the bridge in Mayaky (the route from Reni to the “mainland”) and a “Shahed” drone strike on a tanker carrying lubricants on that same route.

“I think that when planning the strategy for securing petroleum products for the coming months, it’s best to forget about the South (…). This means that the entire burden will fall on the land border, which is already at maximum capacity. All of this indicates that the system is becoming less diversified, which carries corresponding risks,” Kuyun wrote.

As he explained, the enemy is gradually cutting off Ukraine’s southern fuel supply route, which amounts to a triple blow: a reduction in supply channels, a decrease in consumption due to the shift from “maritime” exports to “road” transport, and an increase in the burden on the border coupled with a decrease in its capacity for fuel imports.

At the same time, Russia is already attacking not only oil depots in Ukraine but also gas stations with fuel tankers.

As reported, the Ukrainian Oil and Gas Association (NAU) is urging the government to grant the fuel industry access to loans at 10% interest, which can be achieved by extending the scope of Cabinet of Ministers Resolution

No. 594 to all types of businesses for the purpose of creating underground storage tanks for petroleum products as part of the reconstruction of existing oil depots.

This was announced, in particular, by UGA President Yaroslav Starovoitenko during an online meeting with business representatives organized by the parliamentary committee on finance, tax, and customs policy earlier this week.

 

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In July, Ukrainians ranked third among foreign buyers of residential property in Turkey

In July 2026, Ukrainian citizens purchased 145 residential properties in Turkey and ranked third among foreign homebuyers in the country, according to data from the Turkish Statistical Institute (TÜİK) published on August 13.

Russian citizens purchased the most residential properties among foreign buyers in July—394 properties. Iranian citizens ranked second with 189 transactions, while Ukrainians ranked third with 145 properties.

Thus, Ukrainian citizens accounted for approximately 6.8% of all residential property sales to foreigners in Turkey that month.

However, compared to June, activity among Ukrainian buyers declined slightly. In June, Ukrainians purchased 170 properties and tied for second place with Iranian citizens. In July, the number of transactions by Ukrainians decreased by approximately 15%, but Ukraine remained among the top three foreign buyers of Turkish real estate.

In total, 2,120 residential properties were sold to foreigners in Turkey in July, which is 1.9% more than in July of last year. Foreigners accounted for 1.7% of total residential property sales.

At the same time, the overall situation in the Turkish real estate market was significantly worse: in July, 123,603 thousand houses and apartments were sold in the country—17% fewer than a year earlier. Sales of new housing fell by 8.6% to 42,529 thousand units, while sales of resale housing dropped by 20.8% to 81,074 thousand

Thus, demand from foreign buyers in July appeared more stable than in the domestic market. However, over a longer period, foreign demand remains lower than last year’s levels. From January through July 2026, foreigners purchased 11,203 thousand residential properties in Turkey, which is 7.3% less than during the same period in 2025.

Ukrainians have maintained a strong presence in the Turkish real estate market for several years now. In 2025, Ukrainian citizens also ranked third among foreign buyers, purchasing 1,541 thousand residential properties. Ahead of them were Russians, with 3,649 thousand transactions, and Iranian citizens, with 1,878 thousand.

For comparison: in 2024, Ukrainians were also among the top three foreign buyers, purchasing 1,631 thousand properties.

Thus, despite a slight decline in July compared to June, Ukraine remains one of the three largest foreign markets for Turkish residential real estate, alongside Russia and Iran.

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