2022-2024 goods trade balance forecast (USD billion)
Source: Open4Business.com.ua
The insurance company PJSC IC “ROM Ukraine” (Kyiv) in January-September 2025 has attracted UAH 2,376 billion of premiums, which is UAH 731 million or 44,4% more compared to the corresponding period of 2024, according to the press-release of the company.
The largest increase in payments at the end of the reporting period was recorded in the segment of compulsory insurance of civil liability of owners of land vehicles (MTPL) – by 71%, up to UAH 788 million, or 33% of the total volume, CASCO – by 29%, up to UAH 398 million, or 17% of the total volume.
The company has attracted UAH 659 mln of insurance premiums under “Green Card” policies in the nine months of 2025, which is 28% of the total volume of receipts of the insurer, and by 60% exceeds the corresponding indicator of the same period of 2024.
The share of health insurance in the company’s portfolio amounted to 10%, under contracts of which in the specified period IC has collected UAH 229 mln of payments (+46%).
The volume of receipts of IC ROM Ukraine under other insurance contracts following the results of the nine months of 2025 has amounted to UAH 301 mln.
Private JSC IC ROM Ukraine has been working in the market of Ukraine since 1993. It is supported by one of the largest insurance groups of Central and Eastern Europe – PZU Group (which includes the parent company of PJSC IC ROM Ukraine – PZU S.A.).
In Q2 2025, average housing prices in Hungary rose by 17.9% year-on-year and 5.1% quarter-on-quarter according to the aggregate index of the National Bank of Hungary. In Budapest, the increase was 23.1% year-on-year and 6.3% quarter-on-quarter, in cities outside the capital – 18.7% year-on-year and 5.9% quarter-on-quarter, in rural areas – 10.7% year-on-year and 2.8% quarter-on-quarter, according to the latest issue of the MNB House Price Index for Q2.
According to Eurostat, in Q2 2025, the aggregate housing price index in the EU rose by 5.4% y/y and 1.6% q/q, indicating that Hungary is outperforming the European average. At the same time, the number of housing transactions in Hungary fell by 5.7%, indicating rising prices amid declining activity.
In Q1 2025, the MNB recorded double-digit price growth both nationally and in the capital, against the backdrop of a revival in mortgage lending and a number of subsidized programs.
The acceleration of prices in the second quarter in the capital and major cities, accompanied by a decline in transactions, points to a market where demand is mainly sustained by improvements in real household incomes and supportive measures, as well as a shift in supply from short-term rentals to long-term formats amid increasing regulation, especially in Budapest.
The baseline scenario for Q4 2025 is a slowdown in growth to 3-4% q-o-q nationwide and 4-5% q-o-q in Budapest amid seasonality and partial profit-taking. A more moderate trajectory is expected for 2026: 6–9% y-o-y nationwide and 8–11% y-o-y in the capital, provided that support programs and stable rates are maintained. Risks of a slowdown include a possible tightening of mortgage conditions and a slowdown in real incomes; risks of acceleration include the expansion of subsidized mortgages and additional restrictions on short-term rentals in tourist areas. The assessment is based on the dynamics of the MNB index, Eurostat statistics on transactions, and reports from the regulator on income support policy.
On the night and morning of November 10, fog with visibility of 200-500 m (level I hazard, yellow) is expected in Ukraine, except for the northern part of the country, according to the Ukrainian Hydrometeorological Center.
“Weather conditions may complicate traffic,” the report said.
According to Serbian Economist, the Serbian parliament has passed a special law that accelerates preparations for the development of the site of the former Yugoslav National Army General Staff Headquarters in central Belgrade, which was damaged by NATO strikes in 1999. The developer is Affinity Global Development, an investment company founded by US President Donald Trump’s son-in-law Jared Kushner.
The project, worth about $500 million, involves the construction of a hotel, apartments, offices, and retail space, as well as a memorial space for the victims of the bombing.
A 99-year lease agreement with the Serbian government was signed in May 2024. In November 2024, the site was stripped of its protected cultural heritage status, paving the way for the project to go ahead. The adopted lex specialis simplifies and speeds up the issuance of permits and other administrative procedures, the authorities noted.
The opposition and relevant organizations criticize the decision, citing the cultural value of the complex and legal risks. Europa Nostra has included the General Staff Headquarters in its list of the seven most vulnerable European heritage sites of 2025. Radio Liberty notes that the law was passed with the votes of the ruling party, despite protests and an investigation into possible falsification of the document used to remove the protective status.
Affinity Global Development’s public statements and official communications do not mention the hotel brand, number of rooms, number of floors, room area, parking, or exact completion date. International agencies limit themselves to describing the functional mix without specifications. When official materials on the TEP and branding appear, the editorial staff of Serbian Economist will clarify the data.
The government is promoting the project as an investment and revitalization of Belgrade’s central location. Critics believe that the demolition and new construction will damage the modernist legacy of architect Nikola Dobrovic and the public memory of the events of 1999.
https://t.me/relocationrs/1705
KMZ Industries (Karlovsky Machine-Building Plant, KMZ, Poltava region) has implemented one of the largest grain storage projects in southern Moldova—the ORIZONTUL-LUX grain elevator, the company’s press service reported on Facebook. According to the report, the facility has four flat-bottom silos with a total capacity of 10,000 tons, four hoppers (one for truck loading) with a total capacity of 1,100 tons, a Brice-Baker grain dryer with a dust suppression system, and a complete automation system.
The company specified that the dryer runs on gas, which is the most optimal option for local conditions. It provides effective drying of corn, wheat, and sunflowers.
The silos and main structures were installed by specialists from the owner company, whose main activity is construction. The work was carried out under the technical supervision of KMZ Industries’ chief installers. The installation of the automation system, software configuration, and commissioning were carried out by specialists from the automation and electrification department of KMZ Industries.
The new ORIZONTUL-LUX elevator has become one of the largest grain projects in southern Moldova.
KMZ Industries is the largest manufacturer of elevator equipment in Ukraine and produces a full range of products, including silos, grain dryers, transport equipment, and separators, as well as providing automation and installation services.
According to the company, it has built more than 5,000 facilities. KMZ Industries silos with a total volume of more than 12.5 million cubic meters are in operation.
