Business news from Ukraine

Business news from Ukraine

Ukrainian tennis player Prykhodko will change his sporting citizenship and compete for North Macedonia

According to The Serbian Economist, Ukrainian tennis player Oleg Prykhodko has decided to change his sporting citizenship and will henceforth compete under the flag of North Macedonia.

The athlete is renouncing the flag under which he previously competed in international tournaments. Details of the transition process, as well as the reasons behind his decision, have not yet been officially disclosed.

Oleg Prykhodko is currently ranked 296th in the ATP rankings, which will make him one of North Macedonia’s leading tennis players once the change in sporting citizenship is complete.

The 27-year-old tennis player primarily competes in ATP Challenger and ITF tournaments. Over the course of his career, he has won several titles in both singles and doubles.

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Adidas sports brand has returned to Kharkiv after four-year hiatus

The Adidas sports brand has returned to Kharkiv after a four-year hiatus; a discount store has opened at 199 Heroiv Kharkiva Street, according to a post on LinkedIn by Igor Marinich, CEO of Adidas Ukraine.

“After four years in a ‘frozen’ state since the start of the full-scale war, we are once again opening our doors to all our customers and athletes in our wonderful, athletic, incredibly brave, and Ukrainian city of heroes—Kharkiv!” he wrote.

Marinich also emphasized that the safety of employees and customers remains a key priority for the company.

As reported, in February 2024, Adidas closed all its retail locations in Ukraine due to the security situation, but began restoring the network’s operations as early as July 2022. In Kharkiv, the brand’s stores had previously also operated in the “Karavan” and “Dafi” shopping centers.

In Ukraine, the chain is managed by the state-owned enterprise “Adidas-Ukraine,” which is owned by Adidas AG. According to OpenDataBot, by the end of 2025, the company increased its revenue by 28% to 2,996,893,000 UAH, while net profit halved to 43.310 million UAH in 2025 compared to 94.205 million UAH in 2024.

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In Kyiv, anniversary conference on sports marketing, SBC Summit Ukraine 2026, took place

On Wednesday, May 27, the capital’s Parkovy Exhibition and Convention Center hosted the SBC Summit Ukraine, the All-Ukrainian conference on sports marketing, for the first time. This year’s summit marked the fifth anniversary of the event and was the largest in the history of the Sport&Business Club. It brought together nearly 1,500 participants from across the country, including athletes, presidents of federations and clubs, brand representatives, media professionals, entrepreneurs, marketers, investors, and managers. Throughout the day, guests networked, discussed future projects, exchanged experiences, and agreed on collaborations that are sure to continue after the summit.

The summit was co-organized by the Ukrainian Mass Sports Agency, the Kyiv City State Administration’s Department of Youth and Sports, the Sports Committee of Ukraine, and the Donetsk Regional Branch of the National Olympic Committee of Ukraine.

The event was hosted by Maria Skiba, a journalist for the “We Are Ukraine” TV channel, and Dmytro Yegorov, a radio host for “Autoradio.”

In a festive atmosphere, Alexei Braga, CEO of the Sport&Business Club, presented a certificate for 100,000 hryvnias to Artem Goncharenko, head of the “Architecture of Resilience” Institute for Veterans at KNUBA. The funds were raised through donations from participants in the Club’s events and will be used to purchase necessary rehabilitation equipment.

The summit took place simultaneously on two stages, featuring over 60 leading experts in the fields of sports, business, and media who are driving the industry forward today. The event served as a platform for candid dialogue on reforms, major investments, the survival of sports during wartime, attracting sponsors, integrating new technologies, rehabilitating veterans, and building athletes’ personal brands off the field.

Speakers on the main stage included: Matvii Bidnyi, Minister of Youth and Sports of Ukraine; Vadym Guttsait, President of the National Olympic Committee of Ukraine; Olga Saladukha, President of the Ukrainian Athletics Federation; Yulia Khan, Director of the Department of Youth and Sports at the Kyiv City State Administration; Ukrainian soccer legend Oleksandr Shovkovskyi; Ihor Marynych, Director of Adidas Ukraine; sports blogger and founder of Trendets Camp Dmytro Povooznyuk, CEO of Lenovo in Ukraine Taras Dzhamalov, President of the Ukrainian Premier League Yevhen Dykyi, Ukrainian and Turkish soccer champion and creator of a YouTube project Denys Boiko, MEGOGO journalist Oleksandra Kucherenko, Vice President of the NOC of Ukraine and President of the Ukrainian Padel Federation Oleksiy Dniprov, Olympic fencing champion Olena Kravatska, 6-time Ukrainian track and field champion and Biopell ambassador Daria Stavnycha, FC Shakhtar goalkeeper coach Andriy Pyatov, Olympic judo medalist Daria Bilodid, founder of the rhythmic gymnastics academy and Olympic bronze medalist Anna Rizatdinova, WowBody App owner Anita Lutsenko, three-time Olympic canoeing medalist Lyudmila Luzan, and others.

At the same time, practical discussions on the development of sports projects, audience engagement, and modern communication tools took place on the Best Practices Stage for three hours. Speakers included: European fencing champion Roman Svichkar, DuelDuck founder Stanislav Horuna, Spartan Ukraine director Oleksiy Vovk, X-Park founder Yuriy Zozulia, Red Foxes director Olena Rozhkova, and others.

“Holding the summit at the Parkovy Exhibition and Convention Center was our big dream, and I am truly proud that we managed to make it happen, even amid the war. This event has become the largest in our history, as we have broken absolutely all of our own records for the number of speakers, guests, and partners. When you see how this powerful synergy of sports, business, and media is working at full capacity on such a platform, you realize that nothing is impossible for our industry.

Our goal remains unchanged—to create a space for open dialogue, major investments, the emergence of new technological use cases, and collaborations that drive the industry forward. In today’s environment, maintaining this momentum and uniting sports and business is of the utmost importance. But, of course, we wouldn’t have achieved such an impressive scale without our reliable partners, the Club’s large community, and our strong team. Thank you to everyone who has been a part of this story—and see you soon!” – Alexey Braga, CEO of Sport&Business Club.

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Adaptive sports could become foundation of veteran rehabilitation in Ukraine

From Injury to Victory: Is Ukraine Ready for Systematic Veteran Rehabilitation Through Sports

On April 16, 2026, an open expert meeting was held at the National University of Physical Education and Sports of Ukraine

“From Injury to Victory: Is Ukraine Ready for a New Rehabilitation System?”, which served not only as a discussion platform but also as an attempt to form a shared vision of the future model of adaptive sports and rehabilitation in Ukraine.

The event brought together representatives of government institutions, relevant ministries, the scientific and educational community, the National Olympic University, civil society organizations, the sports community, rehabilitation centers, and the veterans themselves—those for whom this system is intended to work first and foremost.

Full-scale war has radically changed the social structure of Ukrainian society. Thousands of soldiers are returning to civilian life with injuries—both physical and psychological. In this context, rehabilitation ceases to be a narrowly defined medical issue and becomes a matter of national resilience.

Adaptive sports play a much broader role in this process than mere physical activity. It is a tool for physical recovery, psycho-emotional stabilization, social integration, and the formation of a new identity after trauma.

However, the main challenge, which was repeatedly raised during the meeting, is the lack of a systematic approach.

Opening the event, Viktor Korzh, director of the NUPSU Training and Rehabilitation Center, immediately identified the key problem: there are already many initiatives in Ukraine, but they remain fragmented.

“Physical education and sports rehabilitation, as well as adaptive sports, are an extremely important social component that should serve the recovery and social integration of our wounded veterans.

This requires an individualized approach, professional medical supervision, and consideration of each person’s health condition.

Only then will these tools truly be beneficial and not cause harm.

“Sports and physical rehabilitation are powerful tools that must be based on deep knowledge and responsibility, and only then will they truly be beneficial and not cause harm.”

His statement set the tone for the entire discussion: the focus is not on creating new separate projects, but on building a comprehensive ecosystem.

Special attention was paid to the role of education in shaping this system.

Olga Borisova, Acting Rector of the National University of Physical Education and Sports of Ukraine, emphasized the strategic importance of training specialists.

“Today, universities must go beyond traditional education and become centers for shaping a new rehabilitation system.

We are talking about training specialists who will work at the intersection of sports, medicine, and psychology.

It is precisely such professionals who will ensure the quality and safety of the veterans’ recovery process.”

This approach underscores that the challenge of adaptive sports is not merely organizational but also a staffing issue. Without systematic training of specialists, even the best programs cannot function effectively.

A key focus of the discussion was an analysis of the experiences of the United States and Israel—countries with long-standing experience working with veterans.

Artem Goncharenko, head of the “Architecture of Resilience” Institute for Rehabilitation, Reintegration, and Professional Development at KNUBA, emphasized that the key difference between these systems is their integration.

“In the U.S. and Israel, adaptive sports do not exist in isolation—they are integrated into state rehabilitation policy.

This is part of a continuous process: from the hospital to a full return to society.

It is important for Ukraine not simply to adopt this experience, but to properly integrate it into its own system.”

In fact, this involves a shift from “post-injury assistance” to a model of “supporting the individual at every stage of recovery.”

One of the most powerful moments of the meeting was the speech by veteran Vadym Honcharenko, who shared his own experience of participating in international competitions.

“Adaptive sports are not just about physical recovery.

It’s about regaining self-confidence, about the opportunity to feel in control of your life again.

It was through sports that I was able to find new motivation and return to an active life.”

His words effectively confirmed what the experts had been saying: the effectiveness of the system is measured not by the number of programs, but by the changes in the lives of specific people.

Also among the meeting participants were: the head of the Sports Committee of Ukraine, Illia Shevlyak; the head of the Department of Physical and Mental Health at the Ministry of Veterans Affairs of Ukraine, Vyacheslav Chernenko; and other guests who actively participated in the discussion.

One of the main conclusions of the meeting was the need for genuine cooperation between the state, educational institutions, the business sector, and civil society organizations. Without such collaboration, the adaptive sports system will remain fragmented and unable to ensure long-term impact.

The meeting at the National University of Physical Education and Sports of Ukraine demonstrated that an understanding of the problem has already been established in Ukraine and that all key players are in place to address it. However, the next step is to consolidate efforts to ensure veterans’ full return to a meaningful life.

Adaptive sports today is not just about physical activity. It is about a new social policy, about bringing people back to life, about the state’s ability to respond to the challenges of war.

And the main question that remained after the event:

Will Ukraine be able to unite all these efforts into a single system that works not on a case-by-case basis, but for every veteran?

The answer to this question depends not on words, but on the decisions that will be made in the near future.

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Second annual “Sports and War Veterans (UBD)” competition has come to end in Kyiv

The second annual “Sports and War Veterans (UBD)” competition took place in Kyiv — a large-scale initiative that has already become one of the key events in the field of sports rehabilitation for Ukrainian defenders. The organizers were the National University of Physical Education and Sports of Ukraine and the Training and Rehabilitation Center of the NUPESU, which have been working systematically throughout the year to support veterans and develop an inclusive sports environment.

This year’s series of competitions brought together more than 500 participants who competed in eight disciplines:

swimming, billiards, table tennis, wheelchair rugby, arm wrestling, futsal, and e-sports.

For many veterans, these competitions were not just an opportunity to compete, but a way to return to an active life, feel control over their bodies and emotions, find new friends, and relive the team spirit so familiar from the front lines.

Sport that restores: a project with real impact

The organizers emphasize that sporting events of this scale are not just about physical activity. They are about reintegration, social support, overcoming barriers, and returning to a normal rhythm of life.

Acting Rector of the National University of Physical Education and Sports of Ukraine Oleksandr Pyzhov emphasizes the importance of consistency and involvement:

“We see how sport helps veterans not only to recover physically, but also to find support in the team, to feel support and confidence. This project is about unity, strength, and the path to new opportunities.”

According to experts, sporting events are the most effective way to help veterans adapt to civilian life after long periods of service. Here, they find themselves among people with similar experiences, where they are understood without explanations or conventions.

An environment of strength and support

The NUFVSU Training and Rehabilitation Center is actively developing the field of rehabilitation and social adaptation of veterans. According to the center’s director, Viktor Korzh, such projects become a point of support for many participants:

“Every day, we work to ensure that our veterans receive the best opportunities for rehabilitation. These competitions are proof that through joint efforts, we are creating an environment where every soldier can feel their own strength and find a new path for development.”

Participation in such events often becomes a bridge between the past and the future for veterans — a moment when they return to activity, feel their strength, and receive inspiration to move forward.

Participants’ voices: sport that gives new life

The impressions of the veterans are the best evidence of the project’s significance.

One of the participants, Danylo Honcharenko, shares his feelings:

“I haven’t felt such drive and support in a long time. Here you realize that you are not alone — there are others who have walked a similar path. Sport restores your strength and desire to move forward.”

Similar comments were often heard from participants in various disciplines. For many of them, the competition was their first experience of serious sporting activity since returning from the war.

Development and future: the project is scaling up

The organizers say that the competition cycle will not only continue but also expand.

The plans include increasing the number of disciplines, involving new cities and regions, and creating additional programs for the comprehensive rehabilitation of veterans through sports.

The NUFVSU team emphasizes that veteran rehabilitation is not a one-time event, but a long-term process that requires systematic, professional, and humane support. And it is precisely such competitions that prove that sport can be not only recreation or leisure, but also a real tool for returning to life.

Special thanks to the partners who joined in organizing these competitions: the Ukrainian Veterans Cluster, the Veterans Institute “Architecture of Sustainability,” the Ukrainian Mass Sports Agency, the “Olympic Style” fitness center, Morshynska, the Ukrainian National Opera, Aksor, Mil Time, the Dynamo Ukraine Physical Culture and Sports Society, Trident, Asino Farm, and Kusum Farm.

 

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Alexander Usyk loses undisputed world champion status

Ukrainian boxer Alexander Usyk has lost his undisputed world champion status after voluntarily relinquishing his WBO belt, the World Boxing Organization said in an official statement.

“The World Boxing Organization (WBO) has announced that it has received official notification from Alexander Usyk’s team regarding the future of the WBO heavyweight championship title. After careful consideration, Usyk has decided to relinquish the title,” the statement on social media platform X said.

WBO President Gustavo Olivieri called Usyk “the champion of champions” in his comment.

“The WBO expresses its deep respect, admiration, and gratitude to Alexander Usyk, the undefeated WBO world champion in two weight classes, who has earned and demonstrated all the rights, privileges, and honors associated with the title of WBO super champion. His career is one of the most outstanding and historic in the modern era of boxing,“ he said.

The WBO emphasized in its statement that the organization’s doors ”will always remain open.“

”We accept and respect his decision to relinquish the WBO heavyweight super champion title. This is not a farewell, but, as his team put it, a respectful pause. The doors of the WBO will always remain open to Alexander Usyk and his team,” the organization said.

Usyk still remains the champion in the WBA, WBC, and IBF categories.

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