Ukraine’s White Business Club: Updated Figures and Legislative Progress
The White Business Club in Ukraine continues to expand, now counting 8,991 participants — an 18% increase since the end of 2025. Companies and individual entrepreneurs (sole proprietors) can join if they demonstrate transparency, pay taxes, submit reports, and have no ties to Russia.
Of the total 8,991 members, 93% (8,410) are companies. Among them, 8,360 are listed as active, while 42 have hidden data. The trade and vehicle repair sector leads with 1,773 businesses (21%), followed by agriculture with 1,652 (20%), and manufacturing with 1,453 (17%).
Geographic Spread and Top-Tier Companies
Geographically, Kyiv hosts 1,921 member companies, Dnipropetrovsk Oblast 774, Lviv Oblast 638, Kyiv Oblast 609, and Kharkiv Oblast 428. Among the 581 registered individual entrepreneurs, 76 (13%) are based in Kyiv, 12% in Dnipropetrovsk Oblast, and 10% in Lviv Oblast.
Additionally, 34 Club companies made it into the 2026 Opendatabot Index. The largest participating companies include:
- ATB with revenue of UAH 247.3 billion
- Dnipro Energy Services with revenue of UAH 31.8 billion
- Kyiv Regional Power Supply Company with revenue of UAH 31.6 billion
- Myronivka Poultry Farm with revenue of UAH 27.3 billion
- Interpipe Niko Tube with revenue of UAH 23.7 billion
According to the data, 100 Club companies belong to financial-industrial groups. Among them:
- The ATB group includes 9 companies with a combined revenue exceeding UAH 273 billion
- The Zakhidnadsraservice group has 7 companies with revenue of UAH 6.77 billion
- The MHP group comprises 6 companies with revenue of UAH 39.78 billion
Notably, 24 companies on the list had owners from Russia at the start of the full-scale war, underscoring the importance of the Club’s strict membership criteria.
This development could mark a significant step forward for Ukraine’s business environment.
In June 2024, parliament approved draft law No. 11084 on the White Business Club in its second reading, and in July of the same year, President Volodymyr Zelenskyy signed it into law.
The Club’s growth reflects positive shifts in Ukraine’s business landscape, potentially boosting legal entrepreneurship and increasing trust among consumers and partners. The related legislative initiatives demonstrate the state’s commitment to supporting honest businesses and reducing unethical practices in the economy. This also enhances Ukraine’s international reputation as a promoter of transparent business standards.
The growth of the White Business Club reflects a broader trend in the Ukrainian economy, where foreign investments are becoming increasingly significant. Notably, Polish-owned companies have made substantial contributions, generating billions in revenue and strengthening economic ties in the region. To explore how these firms are impacting the market, you can read more about the financial success of Polish businesses in Ukraine.