In 2024, Guardian Insurance Company paid out UAH 509.2 million in indemnities, which is 29.4% more than in 2023, according to the insurer’s website.
It is noted that hull insurance payments increased by 81% to UAH 37 million, while premiums for this type of insurance increased by 58% to UAH 76.2 million.
The company also reports that in 2024, reimbursements under the international Green Card insurance policy increased by 35% to UAH 286.5 million, while premiums amounted to UAH 371.8 million.
Claims under the MTPL insurance policy increased by 15% to UAH 182.4 million last year, with premiums collected amounting to UAH 401.6 million (+10%).
The company allocated UAH 0.5 million (+80%) for medical expenses, while premiums collected amounted to UAH 77.2 million (+28%).
Accident insurance premiums amounted to UAH 27.8 million (+5%).
The amount of payments from customers who chose Guardian Insurance Company in 2024 amounted to UAH 1.06 billion.
Guardian Insurance Company is a member of the Presidium of the League of Insurance Organizations of Ukraine. Since January 2020, it has acquired the status of a full member of the MTIBU and has the right to sell Green Card policies.
In October 2020, by the decision of the general meeting of members of the Nuclear Insurance Pool of Ukraine, Guardian Insurance Company became a member of the pool.
In 2025, Nestlé intends to invest UAH 8 billion in commercial activities in Ukraine, in particular, in the promotion of goods in retail chains, as well as UAH 1.5 billion in the modernization of factories to improve products, said Alessandro Zanelli, CEO of the company in Ukraine and South-Eastern Europe.
“The consumer goods category will continue to grow until 2025. But in 2025, everyone will feel a lot of pressure on margins. You can’t put everything on consumers alone, because inflation is already high in the country. We will have to work hard to create the right narrative about our business model,” he said at the ‘Global Outlook Enduring Change!’ organized by the European Business Association.
Zanelli advised entrepreneurs to identify the driving forces of their business, understand what creates consumer power and work to improve efficiency.
Speaking about Nestlé in Ukraine, he noted that the company intends to increase its presence in Ukraine in 2025, for which it plans to invest about UAH 8 billion in commercial activities, in particular, in the promotion of consumer goods in retail chains. In addition, about UAH 1.5 billion will be invested in improving the condition of the company’s plants.
The CEO of Nestlé in Ukraine added that the company has been delaying the launch of a new plant in Volyn region for six months due to constant air hazards, lack of builders and labor, but intends to launch in March 2025.
Nestlé’s business in Ukraine is represented by the following areas: coffee and beverages, confectionery, cooking (cold sauces, condiments, soups, convenience foods), baby and specialty foods, breakfast cereals, and pet food.
The Supervisory Board of NPC Ukrenergo has announced a competition for the position of the company’s Chairman of the Board, the company said.
“Korn Ferry, one of the best global consulting companies in the search for top managers and leadership development, will accompany the competition,” the company said in a statement on Telegram on Wednesday.
According to the terms of the competition, applications are accepted until March 14, 2025.
To participate, applicants must provide a package of documents in Ukrainian and English, which must include a resume, two written letters of recommendation, a motivation letter, and consent to the processing of personal data.
According to the terms of the competition, in order to meet the shareholder’s expectations, the chairman of the board must have the following priorities and strategic goals for the period of war: to ensure the protection of critical elements of the power system and the rapid restoration of damaged power facilities; support the development of distributed generation; create a reserve of critical equipment and ensure its safe storage; restore financial stability and the trust of international financial partners, as well as increase the network capacity by
In addition, he should create the preconditions for the post-war development of the company by achieving a number of goals, including: developing a long-term corporate strategy for Ukrenergo, taking into account the expectations of shareholders; managing the restoration and modernization of the energy infrastructure, including in-depth digitalization of the grid and support for market-based decarbonization of the power system. The Chairman of the Board, in particular, should ensure: energy sustainability and strengthen the security of the grid, in particular through modern technical solutions, development of IT systems and organizational capacity of the NPC; organize effective work with stakeholders to improve the regulatory framework and energy diplomacy with ENTSO-E partner countries.
The Chairman of the Board should also ensure financial stability by optimizing costs and increasing business efficiency, enhancing access to capital markets and expanding cooperation with international financial organizations.
The ElectronMash plant, part of the Electron concern (Lviv), has modernized 10 previously produced trolleybuses for Lviv by equipping them with autonomous power systems that allow them to travel 15 km on autonomous power, the concern reported on its Facebook page.
According to the press service, the trolleybuses were re-equipped as part of the project “Modernization of Public Trolleybus Transport in Lviv”, which is funded by loans from the European Bank for Reconstruction and Development (EBRD). The project cost is EUR900 thousand, or EUR90 thousand per unit.
“Taking into account the first test model, there are currently 11 cars running in the city,” the press service clarifies.
At the same time, refuting some accusations that the modernization is too expensive and the autonomous range of the trolleybuses is too short, the press service of the concern compares the price of 1 km of a newly built trolleybus line in the city – EUR859.6 thousand, which is almost the price of all 10 modernized trolleybuses.
As for the 15 km of autonomous range, the report clarifies that this is the minimum specified by the customer for an annual mileage of 60 thousand km at full load and with climate control on and is designed for a battery life of at least 10 years.
“Even the first test model had an autonomous mileage of more than the optimal 20 km for the city, and the 10 converted trolleybuses have newer and more powerful batteries and modern monitoring and control systems,” the statement said.
In addition, the press service notes, the economic effect of using trolleybuses with high-voltage batteries is 6.6 times higher than their cost.
According to the concern, with a sufficient number of such autonomous rolling stock, even with the existing contact network, trolleybus service can cover more than 70% of Lviv’s territory, and other settlements of the Lviv community will also be within the accessibility zone of such trolleybus routes.
“Therefore, we believe that the decision of Lvivelectrotrans is balanced and economically justified,” the concern’s press service summarizes.
Starting February 1, Ukrposhta JSC has introduced new weight categories with discounts for the Small Package Prime, the company’s press service reports.
According to Ukrposhta’s announcement on Wednesday, the company has introduced new weight categories with discounts starting February 1: 0-100 g, 500-750 g and 750 g-1 kg. The largest discount of up to 15% applies to shipments weighing up to 100 g. The discount in the 500-700 g category is 10%.
Delivery of small items weighing up to 100 g to the United States will now cost about UAH 270, and to European countries – from UAH 250. You need to pay only for the actual weight, not the volume, the post says.
Volume loyalty programs for Ukrposhta’s regular corporate and individual customers will remain in effect.
“Lower tariffs mean even more opportunities for competition on an equal footing, and flexible weight categories allow for a choice that is optimal for everyone,” the press service quoted Ukrposhta CEO Ihor Smelyansky as saying.
According to the company, about a quarter of the shipments of Ukrainian exporters who sell their goods on the largest marketplaces Etsy and Amazon weigh less than 100 grams. These include decorative elements and jewelry, the company said.
Smelyansky reminded that the delivery time abroad with Ukrposhta ranges from 4 days to the UK, 7-10 days to the address or one of the 15 thousand branches in the United States.
“Just yesterday, we received a message about how cool it is that a shipment from Zhytomyr to Dublin arrived in just 6 days,” said the Ukrposhta CEO.
According to Smelyansky, more than 1.7 million items of Ukrainian goods worth about $1 billion are currently available on American and other international platforms. More than 60% of shipments are made with Ukrposhta.
Earlier it was reported that Ukrposhta announced the signing of a new cooperation agreement with the British Royal Mail (UK), the terms of which allowed the introduction of a 15% discount for sending PRIME packages weighing up to 1 kg from February 1.
“Ukrposhta, as a member of the Universal Postal Union, is able to deliver shipments to any address in more than 230 countries and territories of the world. The partner network of national post offices consists of more than 660 thousand branches serving 5.3 million postal customers.
Metinvest Group’s Kametstal plant, which was built at the facilities of Dnipro Metallurgical Plant (DMK, Kamenskoye, Dnipro region), is expanding its rolled products range to supply the European market, in particular Polish consumers.
According to a press release, in January this year, Kametstal’s rollers successfully mastered the production of a line of rebar according to another Polish standard, B500SP.
It is specified that last year, following successful certification for compliance with Polish building codes, the company launched mass production of B500B rebar with a diameter of 8-32 mm for Polish consumers. And from now on, rebar in accordance with the B500SP standard will also be shipped to the Polish market. The specific requirements of this standard are not limited to geometric dimensions, weight per linear meter and mechanical testing. The development and production of such products requires changes in the gauge pattern, the angle of the rebar ribs, and other labeling requirements.
“A team of specialist technologists from the rolling shop, rolling mill, calibration bureau and process department joined forces to accomplish this important task. They developed technical solutions for the optimal production technology, calibration tables, rolling patterns, calibrated rolls, etc. The developed parameters were added to the software of the CNC machines used to prepare the rolls,” the press release states.
It is also noted that in January, the 400/200 rolling mill mastered the production of five B500SP rolled sections – rebar with a nominal cross section of 10, 12, 16, 20 and 32 mm. In February, the rollers will continue to expand their product line for the Polish market, with rebar with a cross section of 8, 14 and 28 mm planned for production.
“Kametstal was established on the basis of Dnipro Coke and Chemical Plant (DKKhZ) and Centralized Steel Works (DMK).
According to the 2020 report of Metinvest Group’s parent company, Metinvest B.V. (Netherlands) owned 100% of the shares in DCCP.
