Business news from Ukraine

Business news from Ukraine

VUSO insurer turned out to be only bidder for 134 mln hryvnia VHI tender of Oschadbank

On July 17, JSC “Oschadbank” opened the bidders’ offers for voluntary medical insurance of employees. As reported in the system of electronic public procurement Prozorro, the offer of the only bidder – IC “VUSO” – amounted to 134.285 million UAH. The expected cost of purchasing services is UAH 134.3 mln.

As it was informed, the winner of the similar tender a year ago was also IC “VUSO” with the price offer of UAH 114,2 mln against the expected cost of UAH 114,8 mln.

IC “VUSO” was founded in 2001. It is a member of MTSBU and NASU, a participant of the agreement on direct settlement of losses and a member of the Nuclear Insurance Pool.

 

, ,

Currency exchange network of KYT Group reached 99 branches – expansion in Dnipro

KYT Group, one of the leaders in the currency exchange and financial services market in Ukraine, continues to dynamically expand its network in key cities of the country with high economic activity.

In Dnipro, the 99th branch of the KYT Group brand network, which has a national coverage and covers 31 settlements of Ukraine: from large metropolitan areas to cities with high economic activity, welcomes its first customers.

This is the sixth branch directly in Dnipro city and the ninth within the region, where one branch operates in Kamianske and two more in Kryvyi Rih. Expansion of KYT Group network presence in Dnipro is a response to the consistently high demand among the city and region residents for transparent quality service and favorable conditions from the national leader in the field of currency exchange.

The new exchange office is located at 90 Nauky Avenue, Dnipro, in a convenient location with active pedestrian traffic. The outlet adheres to the standard working hours for the network in all locations of its presence – from 09:00 to 19:00 seven days a week. Additional information about courses and services is available on the regional website of the KYT Group brand network kyt-obmin.dp.ua, by calling the customer support number of Dnipro city and region 0 800 33 20 57 or on the official telegram channel of the KYT Group network in the region @obmenka_dneprua.

Dnipro city is one of the strategic regions of presence of the KYT Group network of currency exchange offices as one of the largest industrial and economic centers of Ukraine.

Clients of the network in Dnipro and the region, as well as throughout the country, have access to key advantages and service options

Ø online fixing of the exchange rate for 60 minutes via the official website, telegram channel or the company’s customer support service – a unique solution for the Ukrainian market that allows you to plan an exchange in advance at the most favorable terms even in the face of a fluctuating exchange rate;

Ø special conditions for wholesale currency exchange – convenient for clients with large volumes of transactions seeking the most favorable offer.

The geographical expansion of KYT Group’s presence is aimed at providing Ukrainians with even wider access to services that meet the highest industry standards.

The new branch of the network in Dnipro city is decorated in the updated visual identity of the brand. This is part of the large-scale rebranding of KYT Group, which emphasizes the position of an innovative leader in the non-banking financial services market, which is constantly working to improve services and digital infrastructure and enhance customer experience, while remaining a reliable partner for Ukrainians in the field of foreign exchange transactions.

During 2024-2025, the KYT Group network is actively investing in expanding its geographical presence as a national leader in the currency exchange segment. New branches of the network were previously opened in Chernivtsi, Ivano-Frankivsk, Zhytomyr, Kamianske, Uman, Chernihiv, Dnipropetrovs’k and Kyiv regions.

REFERENCE

KYT Group is an international multiservice product-based FinTech platform with currency exchange as its flagship business. KYT Group is one of the largest operators of this segment in the Ukrainian financial market. According to data of the National Bank of Ukraine, KYT Group’s currency exchange network ranks first in the industry ranking in terms of taxes paid, capital, and business success in terms of financial results. The network of 98 exchange offices of KYT Group covers 31 of the largest cities of Ukraine and settlements with high business and economic activity. The company’s operations comply with the NBU’s regulatory requirements.

KYT Group’s long-term efforts to achieve leadership positions, improve services, customer and IT infrastructure have been recognized by the prestigious Banker Awards 2024 in the nomination Reliable Technology Partner for Exchange Operations”, as well as the award “Financial Market Leader” among non-bank financial institutions according to the “TOP-100. Ratings of the largest”.

 

, ,

There are three deaths per newborn

86,795 newborns in Ukraine and 249,002 deaths – these are the statistics of life and death for the first six months of 2025 published by the Ministry of Justice. Currently, there are 3 deaths per baby, and this situation has remained unchanged over the past 5 years. Most babies are born in the capital, and most often die in Dnipropetrovs’k region.

86,795 babies were born in the last six months. It can be noted that the birth rate has stabilized during the war, as it is almost the same as in the same period last year. Back then, 87,655 little citizens were born in the first half of the year.

However, the overall trend is disappointing: the birth rate has decreased by 2.2 times in ten years. While in 2016, on average, 32 thousand babies were born per month, this year only 14 thousand were born.

Traditionally, most babies are born in Kyiv – 9,947 or 12% of the total number of newborns. Lviv region follows with 8,282 (10%) babies. Dnipropetrovs’k region rounds out the top three with 6,670 (8%).

In some regions of the country, despite the war, there is even a small increase in the birth rate. Kyiv region is the leader with +6% over the year, followed by Lviv region with +5%, and Volyn with +6%.

In general, a small increase is observed in 7 regions of the country.

At the same time, fewer children are expected to be born in regions close to the front line. In Donetsk region, the birth rate has almost halved over the year (-47%), in Kherson region – by 11%, and in Chernihiv region – by 10%.

Traditionally, most boys are born – 51%.

At the same time, 249,002 people died in the first half of the year in Ukraine. The situation has hardly changed over the year. Currently, there are three deaths per newborn. This figure has remained unchanged over the past 5 years. Thus, the country’s population is decreasing by more than 300 thousand annually.

For comparison, in 2016, there were 2 deaths per 1 baby.

Every ninth person in Ukraine dies in Dnipropetrovska oblast – 27,120 deaths, which is consistently the highest rate in Ukraine. The anti-leaders are Kyiv with 18,114 deaths and Kharkiv region with 17,694 deaths.

https://opendatabot.ua/analytics/birth-death-2025

, ,

Alliance Novobud is among top three developers of capital’s suburbs in 2024

Alliance Novobud has been recognized as one of the best in the capital’s suburbs segment according to the annual rating of developers compiled by the Minfin portal. According to the results of 2024, the developer confidently took the 3rd place among the developers of the suburbs of Kyiv region, proving stability, reliability and high growth rate even in a turbulent market.

This year, the editors have slightly updated the rating methodology, adding several important criteria that allow potential buyers and investors to gain a deeper understanding of the quality of projects and the reliability of developers. Alliance Novobud continues to keep the bar high, demonstrating stable development and responsible attitude to obligations to customers every year.

“Suburban developers have an advantage – today they can build faster and more. But the requirements for them are also growing. Now it is not enough to just build square meters. The winner is the one who creates a high-quality and well-thought-out living space,” emphasized Iryna Mikhalova, CMO of Alliance Novobud.

“Alliance Novobud builds not just square meters, but above all, meaningful spaces for living. We thank our customers and partners for their trust! There are even more important steps and new projects ahead.

 

, ,

“Ukrposhta” is looking for MTPL insurer for more than UAH 13.2 mln

Ukrposhta JSC (Kiev) on July 17 announced a tender for services of compulsory insurance of civil liability of owners of motor vehicles (OSAGO).

As reported in the electronic public procurement system “Prozorro”, the expected cost of the service -13.246 million UAH. Documents are accepted until August 17.

 

, ,

UK plans to allow voting from age of 16

The UK government intends to lower the age threshold for participation in elections to 16 years, Reuters reports citing sources in the ruling circles. According to the information, the initiative is part of a large-scale reform aimed at modernizing British democracy and increasing the participation of young people in political life. The legislative changes are due to be introduced in the coming months and will cover both parliamentary and local elections.

“Many young people aged 16-17 are already working, paying taxes, able to join the army and participating in public life. Their voice deserves to be heard at the elections,” said representatives of the initiative group.

Currently in the UK, the right to vote is from the age of 18. However, Scotland and Wales already have provisions allowing people to vote in local government elections from the age of 16.

Experts estimate that the adoption of such changes on a national level could affect hundreds of thousands of young voters. Opponents of the initiative have expressed concern about how mature political decisions can be at such an early age, but recent polls show that more than 60% of respondents aged 16-18 believe it is important to have the right to vote.

 

,