There are currently 246 companies in Ukraine with Hungarian owners \u2013 all of them have submitted financial statements for 2025. And what is interesting: approximately every seventh such business has already achieved an annual income of over 100 million hryvnias.<\/p>\n
What is known about Hungarian business in Ukraine?<\/p>\n
In general, Hungarian business in Ukraine feels quite confident \u2013 \u200b\u200bthe combined income of these companies reached 29.77 billion hryvnias, which is 8% more than a year earlier, writes Opendatabot. The undisputed leader among them remains OTP Bank \u2013 its annual income almost reaches 12 billion. Moreover, it is the only company with Hungarian roots that has made it to the current Opendatabot Index. Next on the list of the richest is the agro-construction group “Astra” with an income of 3.6 billion hryvnias. It is followed by TIS \u2013 Coal (1.95 billion), OTP Leasing (1.7 billion) and Transinvestservice with 1.68 billion. It is worth considering that some of these businesses have a mixed ownership structure \u2013 along with Hungarians, Ukrainian or other European investors are present there. Yes, the growth in the income of such companies may mean increased competition for Ukrainian business, but at the same time \u2013 additional taxes and jobs.<\/p>\n
Where are the most Hungarian businesses and what areas are highlighted?<\/p>\n
Geographically, the most Hungarian business is concentrated in Transcarpathia \u2013 115 companies are registered there, that is, almost half of the total number. There are another 67 such businesses operating in the capital, and 21 in the Odessa region. At the same time, Kyiv has become the center of the most profitable companies: almost half of enterprises with an income of over 100 million are based here – 15 companies:<\/p>\n
As for the areas of activity, Hungarian investors most often choose wholesale trade – 54 such companies.<\/p>\n
Real estate is also in demand (24 businesses).<\/p>\n
The agricultural sector also remains consistently attractive – 17 companies operate here.<\/p>\n
Why do foreigners open a business in Ukraine?<\/p>\n
According to the results of 2025, foreigners actively registered businesses in Ukraine, and we are talking not only about large investments, but also about small and medium-sized businesses, writes Opendatabot. By the way, Cyprus and the Netherlands have long remained key “hubs” for structuring Ukrainian business. We are talking about companies that had an income of over 100 million hryvnias according to their financial statements for 2025.<\/p>\n
Most often, foreigners choose the following industries:<\/p>\n
wholesale trade \u2013 25.8%;
\nagriculture \u2013 8.9%;
\nIT \u2013 5.9%;
\nelectricity, gas supply \u2013 5.4%;
\nretail trade \u2013 4.3%.<\/p>\n
How do Ukrainian refugees affect the GDP of European countries?<\/p>\n
Ukrainians abroad are economically active members of society, who mostly integrate into local economies. The influx of population allows European countries to solve the problems of labor shortages and aging nations. This was reported by labor market expert Vasyl Voskoboynyk in a commentary on Channel 24.<\/p>\n
5-7 million Ukrainians left for EU countries because of the war. Most settled in Poland, Germany and the Czech Republic, where, together with migrants from previous years, Ukrainians integrate into local labor markets, filling budgets and pension funds. According to expert Vasyl Voskoboynyk, the presence of Ukrainians in the EU has a tangible economic effect, because among them are employed:<\/p>\n
in Poland – 900 thousand Ukrainians;<\/p>\n
in Germany – 295 thousand;<\/p>\n
in the Czech Republic – about 390 thousand.<\/p>\n
Head of the Migration Policy Office, President of the All-Ukrainian Association of Companies for International Employment Vasyl Voskoboynyk:
\nUkrainians are not a burden for Europe. This is an asset for which Europeans are ready to compete. We find ourselves in a unique situation when Ukraine, Poland, the Czech Republic, and Germany are competing for Ukrainians abroad. On the one hand, this is a pleasant surprise, and on the other, it is an understanding that our country faces a very significant challenge.<\/p>\n
The following figures for 2024 indicate the contribution of Ukrainians to the economies of these states:<\/p>\n
in Poland’s GDP – 2.7%;
\nin the Czech Republic – 2.2 – 2.3% of GDP;
\nGermany \u2013 about 0.6 \u2013 0.7% of GDP.<\/p>\n
Regarding the latter, the expert notes that the contribution of Ukrainians to the welfare of Germany is also significant despite the seemingly lower percentage, since its economy is the largest in Europe.<\/p>\n
24tv.ua<\/p>","protected":false},"excerpt":{"rendered":"
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