Business news from Ukraine

Business news from Ukraine

STRUCTURE OF EXPORT OF SERVICES FROM UKRAINE IN FIRST HALF OF 2020

Structure of export of services from Ukraine in first half of 2020

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OPEN4BUSINESS HELPS FOREIGN BUSINESSES TO SEARCH FOR OPPORTUNITIES AND EXPAND TO UKRAINIAN MARKET

Open4Business is a platform created to help foreign businesses to search for opportunities and expand to Ukrainian market.
The platform and related organizations provide a holistic set of services needed to successfully penetrate the Ukrainian starting from establishing foreign trade relations with local companies and up to establishing a subsidiary or acquiring a company in Ukraine.
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– Governmental relations
– PR campaigns
– Full range of M&A services
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tel./fax: +38(067)970-52-59

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NATIONAL BANK OF UKRAINE’S OFFICIAL RATES AS OF 21/12/20

National bank of Ukraine’s official rates as of 21/12/20

Source: National Bank of Ukraine

OFFICIAL RATES OF BANKING METALS FROM NATIONAL BANK AS OF DECEMBER 21

Official rates of banking metals from national bank as of December 21

One troy ounce=31.10 grams

TAS INSURER RAISES PAYMENTS

TAS Insurance Group (Kyiv) in January-November 2020 paid UAH 792.37 million of insurance claims under concluded insurance contracts, which is 21.27% more than in the same period a year earlier (UAH 653.38 million).
According to the insurer’s website, in particular, the company reimbursed UAH 291.66 million under OSAGO policies, which is 36.81% of the total payments for the reporting period and is 11.9% more than the corresponding figure for the 11 months of last year.
The second place in the portfolio of the company’s payments with a share of 30.79% is taken by KASKO: under land transport insurance contracts, TAS paid UAH 244.01 million, which is 42.5% more than was paid in January-November 2019.
Under Green Card policies, TAS Insurance Group reimbursed UAH 123.78 million over the 11 months, which is 15.62% of the total amount of the insurer’s payments and is 28.1% more than this figure for January-November last year.
The volume of payments under voluntary medical insurance contracts increased even more (by 52%) over the year: UAH 107.7 million of compensations were paid under them. Thus, the share of voluntary medical insurance in the insurer’s payment portfolio amounted to 13.59%. In January-November, the company paid out UAH 5.49 million under property insurance contracts. During the reporting period, UAH 19.73 million of compensation were paid under other insurance contracts.

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