Business news from Ukraine

Business news from Ukraine

“Kyivmiskbud” Paid Over 81 Mln UAH in Taxes Over Three Years

PJSC “Kyivmiskbud” Holding Company contributed 81,364,000 UAH to the state and local budgets between April 1, 2023, and March 31, 2026, the company’s press service reported.

“Kyivmiskbud” once again demonstrates transparency and financial discipline. Even under challenging anti-crisis conditions, the company remains a conscientious taxpayer. We operate transparently, comply with legal requirements, and are systematically moving forward,” said Yuriy Tykhonovych, acting chairman of the holding company’s board of directors.

From July 8 to August 18, 2026, “Kyivmiskbud” underwent a scheduled on-site audit by the Main Directorate of the State Tax Service in Kyiv. The audit examined compliance with tax, foreign exchange, and other laws for the period from April 1, 2023, to March 31, 2026, as well as the timeliness of payments of the unified social contribution (USC) from July 1, 2021, to March 31, 2026. A corresponding report was drawn up based on the results of the inspection.

During the specified period, “Kyivmiskbud” paid 81,364,000 UAH to the state and local budgets, of which land rent amounted to 28,086,000 UAH; Unified Social Contribution (USC) – 20,830,000 UAH; personal income tax (PIT) – 17,764,000 UAH; land tax – 6,143,000 UAH; real estate tax – 5,199,000 UAH; military levy – 3,304,000 UAH; income tax – 34,850 UAH.

At the same time, late payment of land rent for 2023 in the amount of 647,800 UAH was identified, the company’s losses for the reporting period were reduced, and additional income tax for the third quarter of 2023 in the amount of 1,833,000 UAH was assessed.

As previously reported, Kyivmiskbud’s balance sheet includes 24 construction sites where more than 120 residential buildings at various stages of completion have been erected. The total area of unfinished construction exceeds 548,000 square meters. The developer began restoration work in March 2026 at a number of sites. In July, the “Podol Grad” residential complex was commissioned. Five more projects are at an advanced stage of completion (the “Freedom” residential complex, the “Twin House” residential complex, the “Oberig-2” residential complex (Building 1), the “Rainbow” residential complex, and the “Gvardeysky” residential complex).

Active construction and installation work is underway at four additional sites.

Kyivmiskbud Holding Company was established in 1994 on the basis of the assets of the state-owned municipal construction corporation “Kyivmiskbud” by consolidating controlling stakes in 28 enterprises and other assets into its authorized capital. It comprises 40 joint-stock companies in which the company holds shares, as well as six subsidiaries and 51 companies with associate member status.

According to data from the National Securities and Stock Market Commission (NSSMC), the Kyiv City Council is the majority shareholder of Kyivmiskbud Holding Company PJSC.

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Mayors, architects, and developers will gather at SEPTEMBER FEST 2026 in Kyiv

SEPTEMBER FEST 2026, Ukraine’s largest urban festival dedicated to urban development, contemporary architecture, real estate development, design, culture, and the quality of urban life, will take place on September 18 in Kyiv at the A-STATION venue.

According to the event organizers, the festival will run from 11:00 a.m. to 9:00 p.m. Entry to the A-STATION grounds will be via the Mykilski Gates near the “Arsenalska” metro station.

SEPTEMBER FEST 2026 is expected to attract about 3,000 visitors and over 150 speakers. Invited participants include mayors of Ukrainian cities, chief architects, representatives of real estate development companies and investment funds, architectural firms, designers, government officials, international experts, and specialized media outlets.

The festival’s main themes will include the development of Ukrainian cities, modern approaches to architecture and urban planning, real estate development, investments in real estate and urban infrastructure, the design of public spaces, culture, and the creation of a comfortable urban environment.
The organizers position SEPTEMBER FEST as a professional platform for dialogue among representatives of government, business, and the architectural and real estate development communities, as well as for discussing the future of Ukrainian cities and projects for their revitalization and development.

Basic admission to the festival is free upon prior registration.
SEPTEMBER FEST 2026 is organized by DMNTR, with A Development serving as the general partner.

Open4business is the official media partner of SEPTEMBER FEST 2026.

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Kyiv Opens First Municipal Driving School for Veterans with Disabilities

Ukraine’s first municipal specialized driving school for veterans with musculoskeletal disorders has opened in Kyiv; the first class currently has 17 students, according to the capital’s mayor, Vitali Klitschko.

“We’ve opened Ukraine’s first municipal specialized driving school in the capital for veterans with disabilities who have musculoskeletal disorders, particularly as a result of limb amputations. This is another important element of the city’s support system for defenders,” he wrote on Telegram on Tuesday.
The mayor noted that the driving school has already passed an inspection of its training facility, and specially equipped vehicles have been provided for practical lessons toward a Category B license.

“They were provided at my request by the Dzhurinsky Family Charitable Foundation. Thank you for your support! I would also like to thank the Ministry of Internal Affairs Service Center for its guidance and assistance in implementing this project,” Klitschko said.

According to him, the first class of 17 veterans has now been formed. Here, participants can learn to drive from scratch, obtain a driver’s license, or—if they had driving experience prior to their injury—undergo retraining to master driving a vehicle with adaptive equipment, including hand controls. Training is conducted by certified instructors. An important principle is “peer-to-peer.” The instructors include veterans who have completed the necessary training, passed the exams, and earned the right to teach others. For those who have difficulty getting to the training location on their own, the Kyiv Military Hub provides a transportation service.

“We will continue to expand the range of training programs. In the future, the courses will be open to all people with disabilities who require specialized training,” Klitschko said.
Klitschko also noted that a comprehensive approach to veterans’ automotive mobility is currently being developed. Specifically, upon completion of the training, the city may help partially subsidize the purchase of a car, partially subsidize its retrofitting to meet the individual’s needs, and assist with retraining and employment.

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Autostrada Sponsors Art Installation Marking 35th Anniversary of Ukraine’s Independence

The Ukrainian infrastructure company Autostrada has sponsored the audiovisual art installation “The Future Remembers,” dedicated to the 35th anniversary of Ukraine’s independence.

As the company announced on August 21, the installation was realized on the “Motherland” monument in Kyiv. Through large-scale light projections, the monument is transformed into a dynamic canvas that, through images of historical memory and the experiences of different generations, illustrates the connection between Ukraine’s past, present, and future.

Autostrada noted that its support for the project is rooted in the values of sustainability, unity, and the preservation of historical and cultural heritage.

“We know very well that any complex engineering structure requires a solid foundation. For a nation, that foundation is its historical and cultural heritage. It is culture that preserves memory, maintains the connection between generations, and shapes shared meanings,” the company stated.

The “The Future Remembers” art installation will be on display daily from 9:00 p.m. to 11:00 p.m. until September 1.

The “Motherland” monument, on which the light installation is displayed, is one of Kyiv’s most recognizable landmarks and part of the National Museum of the History of Ukraine in World War II.

Autostrada is a Ukrainian group of companies specializing in infrastructure construction. Its main areas of activity include road, bridge, industrial, and underground construction, as well as design. According to the company, its team consists of over 8,000 employees, its fleet includes more than 5,000 pieces of equipment, and its own production base comprises over 60 enterprises and manufacturing facilities.

Amid the full-scale war, Autostrada is participating in the restoration of transportation infrastructure and engineering structures. According to the company, during this period, more than 3,000 km of roads and over 200 bridges have been repaired, and approximately 50 infrastructure facilities have been restored. Among the company’s current major projects are the construction of the metro line to Vynohradyr in Kyiv and work on the Podil-Voskresensky Bridge.

Autostrada was founded by businessman Maksym Shkil. The company is part of the MS Capital holding company he established.

Source

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Individual entrepreneurs in Kyiv have accumulated 2.6 bln UAH in tax arrears – highest figure in Ukraine

As of July 2026, sole proprietors registered in Kyiv owed the state 2.61 billion UAH in taxes, the highest figure among Ukraine’s regions, according to data from the State Tax Service analyzed by Opendatabot.

The capital accounts for about 16% of the country’s total tax arrears owed by sole proprietors, which amount to 16.6 billion hryvnias.

In second place is the Odesa region, with entrepreneurs owing about 1.6 billion hryvnias; in third place is the Kyiv region, with 1.37 billion hryvnias.

Collectively, Kyiv, Odesa, and Kyiv regions account for approximately one-third of all tax debts owed by Ukrainian sole proprietors.

At the same time, Kyiv region leads in the number of debtors, with 182,640 sole proprietors owing tax debt. Over the past year, their number has increased by approximately 1.5 times.

The Odesa Oblast has 119,470 individual entrepreneurs in debt, while the Kharkiv Oblast has 101,500.

In total, approximately 1.5 million individual entrepreneurs in Ukraine owe taxes, amounting to a total of 16.6 billion hryvnias.

Source: Opendatabot, data from the State Tax Service of Ukraine as of July 2026.

Opendatabot Research

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Traffic restrictions will be in place in Kyiv from August 22–25

Due to security measures involving foreign delegations in the capital, temporary traffic restrictions will be implemented from August 22–25, according to the State Security Service of Ukraine.

It is noted that the restrictions will be in effect in the central part of the capital, as well as in certain areas of the Pechersky, Podilsky, Solomensky, and Shevchenkivsky districts.

“Please take this information into account when traveling,” reads a post by the State Security Service of Ukraine on Facebook.

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