Business news from Ukraine

Business news from Ukraine

Number of Ukrainians in Poland rose to 992,500 in June

The number of Ukrainians under temporary protection in Poland increased by 5,600 in June 2025 to 992,500, which is the largest monthly increase among all EU countries (+0.6% per month), according to the analytical center of the international employment company Gremi Personal.

“Over the year, the number of Ukrainians per thousand Poles has increased from 26 to 27. These data indicate that Poland remains attractive to Ukrainians as a place of temporary or even long-term residence. In addition, the European Council’s decision to extend temporary protection until March 4, 2027, gives Ukrainians in Poland more confidence in the future, as well as the opportunity to plan their education, work, or integration into local communities,” said Yuriy Grygorenko, director of the Gremi Personal analytical center.

It is noted that the growth rate of the Ukrainian community has slowed down, but Poland remains in second place in the EU in terms of the number of Ukrainians with this status after Germany (about 1.2 million people) and remains home to 23% of all Ukrainians who have received temporary protection in Europe. In total, according to Eurostat, as of June 30, more than 4.3 million Ukrainian citizens were under temporary protection in the EU.

The center’s analysts also note a decrease in the share of women in the structure of Ukrainian refugees in EU countries from 45.6% to 44.7%, while the share of men, on the contrary, increased from 22.0% to 24.1%.

“The increase in the proportion of men in EU countries may be related to the fact that after the first years of the war, Ukrainian men who were eligible to leave (large families, people with disabilities, elderly men) are more likely to join their families in the EU. In addition, while the first waves of departure were mainly forced and protective in nature (women with children fleeing danger), now more Ukrainians are leaving for economic reasons—to find work or stable living conditions,” Hryhorenko noted.

He also drew attention to the fact that children still account for a high proportion of temporary refugees (over 31%), which in the long term could create risks of some families not returning to Ukraine after the war. “The prolonged presence of a significant number of women and children abroad creates risks of depopulation and the loss of a generation. A gradual increase in the proportion of men may indicate that families are settling in the EU and that their chances of returning to Ukraine after the war are potentially decreasing,” Hryhorenko concluded.

Source: https://interfax.com.ua/

 

,

Ukrainians rank 8th in real estate purchases in Spain – statistics

The second quarter of 2025 showed sustained interest from foreigners in the Spanish real estate market. According to data from the Spanish registration authority, British citizens led the way in terms of the number of properties purchased, with 1,874 transactions.

Germany came in second (1,590 transactions), followed by the Netherlands (1,558 transactions). Italy and France shared fourth place, each with 1,242 transactions.

The top ten also included:

Belgium — 1,209 transactions

Poland — 1,085 transactions

Ukraine — 772 transactions

Sweden — 637 transactions

Russia — 420 transactions

The list of top countries is rounded out by buyers from the US and Ireland, with 393 transactions each.

Experts note that the UK’s high ranking is traditionally linked to British buyers’ interest in the Costa Blanca and Costa del Sol, while the growth in activity in the Netherlands and Poland is due to the favorable economic situation and a desire to diversify investments.

Ukrainians remain interested in the Spanish market, ranking eighth in terms of the number of transactions in the second quarter of this year. Ukrainian citizens are consistently among the top 10 buyers of apartments and houses in Spain.

According to official data from the Spanish Ministry of Inclusion, Social Protection, and Migration, since the start of the war, temporary protection status has been granted to 236,570 people with Ukrainian passports.

This makes Spain the fourth country in the EU in terms of the number of temporary permits issued, accounting for about 5% of all such statuses in the EU.

 

, ,

Ukrainian citizens ranked fourth in terms of number of home purchases in Turkey in July 2025

In July 2025, Ukrainian citizens ranked fourth among foreign buyers of real estate in Turkey, according to data from the Turkish Statistical Institute (TÜİK).

Russian citizens were the leaders in terms of the number of properties purchased, with 315 transactions. In second place were Iranian citizens (152 transactions), followed by German citizens (135 transactions).

Ukrainians purchased 134 properties in July, which allowed them to take fourth place in the ranking.

Iraqi citizens closed out the top five with 120 transactions.

The top ten also included Azerbaijan (93 transactions), Kazakhstan (65 transactions), Saudi Arabia (64 transactions), Palestine (52 transactions), and China (51 transactions).

It should be noted that a month earlier, in June 2025, Ukrainian citizens ranked second in terms of the volume of housing purchases in Turkey, second only to Russians.

According to TÜİK, the Turkish real estate market continues to attract foreign buyers, but the distribution of leaders by nationality varies significantly from month to month depending on the tourist season, price fluctuations, and investment interests.

 

, ,

6% of new companies in Poland owned by Ukrainians

Almost half of all Polish companies founded by Ukrainians were established during the Great War

About 30 thousand companies founded by Ukrainians were registered in Poland as of the beginning of July 2025, according to the Polish register of legal entities Krajowy Rejestr Sądowy (KRS). Almost half of them were opened after the start of the full-scale program. Most Ukrainian businesses are concentrated in three voivodeships: Mazowieckie (Warsaw in particular), Małopolskie (Krakow and the region), and Dolnośląskie (Wrocław and the surrounding area).

29,044 companies with Ukrainian citizens as ultimate beneficiaries are currently registered in Poland. Almost half of them have been opened by Ukrainians since the beginning of the full-scale war – 13,014 businesses. A total of 208,251 companies have been opened in Poland over the past 3.5 years. Ukrainians accounted for 6% of new businesses during this time.

Most companies were registered by Ukrainians in 2022 – 4,780 businesses. This is a third more than in 2021.

Most often, Ukrainians register an analog of the Ukrainian LLC – spółka z ograniczoną odpowiedzialnością – 27,656 or 95% of all Ukrainian businesses in Poland.

The number of charitable organizations founded by Ukrainians in Poland has also increased significantly: since 2022, Ukrainians have established 486 foundations. This is 4 times more than before the start of the full-scale program.

Most Ukrainian companies are concentrated in three voivodeships: Mazowieckie (including Warsaw) – 11,568 companies, Małopolskie (Kraków and the region) – 3,200 businesses, and Dolnośląskie (Wrocław and the surrounding area) – 3,019.

Most of the Ukrainian companies registered by Ukrainians after the start of full-scale business in Poland are small businesses. Almost 10 thousand companies have an authorized capital of less than 10 thousand zlotys. Only 133 businesses have a capital of more than 500 thousand zlotys.

In total, the capital of all Ukrainian companies in the Polish register is over 7.34 billion zlotys. Of this amount, 533 million zlotys are accounted for by businesses opened after the start of full-scale trade. It is worth noting that although 45% of companies were established after the outbreak of the war, their total capital is 12 times less than that of the “pre-war” Ukrainian business in Poland.

As a reminder, in 2024, Ukrainians paid almost 1.65 billion zlotys ($414 million) to the Polish state budget in personal income and corporate income taxes, according to the analytical center of the international employment company Gremi Personal, citing the Polish Ministry of Finance.

https://opendatabot.ua/analytics/ukrainian-business-in-Poland

 

, ,

About 1.5% of Ukrainians left and did not return in 2024

How many Ukrainians have not returned home since the beginning of the year

The State Border Guard Service recorded more than 7.8 million border crossings by Ukrainians in the first 4 months of 2024. This is significantly less than in the same period last year. About 69 thousand people left and did not return.

Ukrainians crossed the border 7.8 million times in the first months of this year. Overall, citizens began to travel abroad 10% less often.

Almost 69 thousand citizens – 1.5% of the total number of people who left the country – have not returned to the country since the beginning of the year. In April, for the first time since the beginning of the year, more citizens returned home than left – by 56 thousand. Overall, this year the number of those who have not returned has slightly increased compared to last year – 62 thousand Ukrainians did not return.

For comparison, 14.1 million Ukrainians left Ukraine last year. Of these, only 142 thousand remained abroad. This is 15 times less than in the first year of the full-scale war.

It is worth noting that the difference between those who left and entered Ukraine does not give an accurate understanding of the number of people who emigrated.

https://opendatabot.ua/analytics/emigration-trend-2024-4

, ,

343 Ukrainians filed for bankruptcy in first 5 months of 2024 according to Supreme Court

The number of bankrupts since the beginning of the year

343 Ukrainians filed for bankruptcy in the first 5 months of 2024, according to the Supreme Court. This is 2.2 times more than last year. In total, almost 2,000 bankruptcy cases have been opened in Ukraine over the past 5 years.

Since the beginning of the year, 343 Ukrainians have filed for insolvency. The number of bankruptcy cases increased by 2.2 times compared to the same period last year. By the way, 575 people received this status last year.

The fewest bankruptcy cases were opened in 2019. It was the first year when the law allowed citizens to declare themselves insolvent in court. Back then, 22 bankruptcy cases were opened. Since then, the number of people who wanted to declare themselves insolvent has been steadily increasing: 8.3 times in 2020 and 2.7 times in 2021.

“In my opinion, court statistics do not reflect the real number of debtors in difficulty who could benefit from bankruptcy proceedings. However, this procedure is not well-known and widespread among Ukrainians, and there are several reasons for this: it is expensive, complicated and incomprehensible without the help of a lawyer, for whom the debtor may simply not have the funds. In addition, creditors and financial institutions are not very willing to file their claims in such court cases, hoping to collect the debt after the person’s solvency is restored and save on legal fees, or vice versa, trying to torpedo the procedure by discrediting the debtor. On the other hand, citizens also need to realize that this procedure is not about writing off debts, but about trying to find an agreement with creditors through the court procedure and the insolvency officer,” comments Denys Likhopiok, attorney at law, insolvency officer, member of the Qualification Commission of Insolvency Officers, bankruptcy specialist.

In total, 1,993 bankruptcy cases have been opened against Ukrainians. Every second bankrupt is between the ages of 25 and 45: 58% or more than 1.1 thousand. A third of bankrupts are over 45 years old – 38.3% or 764 people. The lowest number of bankrupts is among young people under 25 – only 3.7%.

The gender distribution was almost equal. 54% of all bankrupts are men, and 46% are women.

Context.

The Verkhovna Rada allowed individuals to become bankrupt in October 2018. The procedure became fully operational in 2019. Since then, a person in a difficult financial situation can initiate bankruptcy and, after going through the entire procedure, get rid of debts.

https://opendatabot.ua/analytics/people-bankrupts-2024

, ,