Business news from Ukraine

Business news from Ukraine

Dynamics of changes in discount rate of NBU – from 2013 to 2024

Dynamics of changes in discount rate of NBU – from 2013 to 2024

Source: Open4Business.com.ua

Second round of presidential elections is taking place in Romania

Voting in the presidential election began in Romania at 7:00 a.m. on Sunday. The second round features George Simion, representative of the right-wing Alliance for the Unity of Romanians, and Nicușor Dăncilă, the incumbent mayor of the capital Bucharest, who received the most votes in the first round on May 4.
“We voted so that only Romanians decide our future, for Romanians and for Romania,“ Simion told reporters outside a polling station.
“We decide what kind of country we want to be: a country of hope, dialogue, and development,” Dănălescu wrote on Facebook.
According to Reuters, despite the fact that 38-year-old Simion won 41% of the vote in the first round and 55-year-old Dan only 21%, opinion polls show that they have almost equal chances of winning, or show a slight advantage for Simion. Earlier, the Experts Club think tank released a video analysis dedicated to the most important elections in the world in 2025. For more details, see here —

 

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Financing state budget deficit, bln UAH

Financing state budget deficit, bln UAH

Source: Open4Business.com.ua

SK “Guardian” will insure motor transport of “Ukrkhimtransammonia”

On May 12, Ukrkhimtransammiak (Kyiv) announced its intention to conclude a tender agreement with Guardian Insurance Company (Kyiv) for compulsory motor third-party liability insurance for owners of land vehicles (OSAGO). According to the Prozorro electronic procurement system, the company’s bid was UAH 202,409 thousand against the expected cost of services of UAH 350,780 thousand.

The tender was also participated in by insurance companies Oranta with an offer of UAH 202,410 thousand and Kraina with an offer of UAH 242,4 thousand.

SK Guardian has been operating in the insurance market since 2007. According to the NBU, it is one of the top 15 risk insurance companies in Ukraine in terms of premiums collected in the first nine months of 2024.

It is a member of the presidium of the League of Insurance Organizations of Ukraine. Since January 2020, it has been a full member of the Motor (Transport) Insurance Bureau of Ukraine (MTIBU) and is authorized to issue Green Card policies.

As reported, Guardian Insurance Company won a similar tender a year ago.

 

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May 18-19, rain throughout Ukraine

Moderate rain is expected on Sunday, May 18, in the eastern and northeastern regions of Ukraine, and during the day in the Carpathian region, with light rain in some areas and thunderstorms in others, according to the Ukrainian Hydrometeorological Center.
The wind will be southwesterly and westerly, 7-12 m/s, with gusts of 15-20 m/s in the Carpathians during the day. Nighttime temperatures on the right bank will be 4-9°C, on the left bank 8-13°C; daytime temperatures will be 12-17°C, in the southeast of the country 18-23°C.
In the Carpathians, light snow and rain at night, moderate during the day; nighttime and daytime temperatures 0-5°C.
In Kyiv on May 18, light rain in some areas. Wind from the west, 7-12 m/s. Nighttime temperatures 6-8°C, daytime temperatures around 15°C.
According to the Boris Sreznevsky Central Geophysical Observatory, in Kyiv, for the entire period of meteorological observations since 1881, the highest temperature on May 18 was in 1909 (32.1°C), and the lowest was in 1941 (3.0°C above zero).
On Monday, May 19, there will be light rain in some parts of Ukraine, with moderate rain in the afternoon on the left bank and in the southwestern part, and thunderstorms in some places.
The wind will be mainly southwesterly, shifting to northwesterly in the western regions, 7-12 m/s; during the day in the south and east of the country, gusts of 15-20 m/s are possible in some places. Nighttime temperatures will be 4-9°C, in the south and east of the country 7-12°C; daytime temperatures will be 12-17°C, in the southeast of the country up to 20°C.
In the Carpathians, there will be light snow and rain in some places at night and moderate snow and rain during the day; nighttime and daytime temperatures will be 0-5°C.
In Kyiv on May 19, there will be light rain in some places. The wind will be southwesterly, 7-12 m/s. The temperature at night will be 6-8°C, and during the day 14-16°C.

 

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Changes in consolidated budget expenditures in 2021-2023 (%)

Changes in consolidated budget expenditures in 2021-2023 (%)

Source: Open4Business.com.ua