Key Numbers (Jan–Jun 2025)
| Metric | 2025 | 2024 | 2021 (pre-war) |
|---|---|---|---|
| New companies | 18,277 | 18,605 | 34,400 |
| Closures | 6,653 | 5,610 | 4,920 |
| Net increase | 11,624 | 12,995 | 29,480 |
Net gain is the lowest in five years as elevated risk, capital shortages and labor outflow cap expansion.
Regional Snapshot
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Kyiv – 5,830 openings, 2,190 closures
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Lviv oblast – 1,547 openings, 540 closures
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Dnipropetrovsk oblast – 1,531 openings, 490 closures
These three regions account for 48 % of all new registrations and the majority of shutdowns, reflecting both concentration of opportunity and wartime exposure.
Sector Trends
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Wholesale & Distribution – 15 % share of new firms; steady demand for import-export channels.
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Civil Organizations / NGOs – surge in humanitarian and reconstruction activity; also top segment for dissolutions (11 % of closures).
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Real Estate & Construction – buoyed by donor-funded rebuilding programs.
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Information Technology – new entities up 48 % YoY as Ukraine’s tech talent pivots to product and defense-tech ventures.
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Agri-business – continues to expand despite logistical hurdles; investors eye export pipelines via Danube and EU corridors.
Stand-Out Records
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Largest authorised capital – VelaAlliance (construction JV, UA–Italy) declared ₴14.4 bn.
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Most prolific founder – Vitalii Ilnytskyi registered 886 firms in 6 months; owns 3 k+ entities with capitals from ₴1 bn to ₴9.8 bn.
Why It Matters
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Investor lens – Ukraine’s business formation pace has stabilized at ~18 k per half-year despite front-line risks, signaling resilient entrepreneurial appetite.
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Policy takeaway – Rising closure rate (19 %) underscores need for streamlined licensing, energy-security guarantees and war-risk insurance to lock in growth.
