Business news from Ukraine

Business news from Ukraine

Ukrgasbank has scheduled shareholders’ meeting for April 24

According to Fixygen, PJSC AB “Ukrgasbank” will hold a shareholders’ meeting on April 24, 2026, via remote participation. According to the bank’s materials, the main items on the agenda include approval of the financial and operational results for 2025, distribution of profits or coverage of losses, as well as other corporate decisions related to the bank’s management.

“Ukrgasbank” is a state-owned bank of Ukraine specializing in corporate, retail, and “green” financing. The state is the majority shareholder. The bank actively participates in business lending programs, energy efficiency initiatives, and international financial projects.

https://www.fixygen.ua/news/20260331/ukrgazbank-priznachiv-zbori-aktsioneriv-na-24-kvitnya.html

 

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Guardian Insurance Company has been granted right to insure agricultural products with state support

The Ministry of Economy, Environment, and Agriculture, by order dated March 26, included the insurance company “Guardian” (Kyiv) in the list of insurers authorized to insure agricultural products with state support. This was announced by Taras Vysotsky, Deputy Minister of Economy, Environment, and Agriculture of Ukraine, on Friday while speaking at the “All-Ukrainian National Insurance Conference 2026” in Kyiv.

He noted that he “signed the order to include the company in this list.” Fifteen companies will be able to provide such insurance, the deputy minister added.

The ministry’s website reports that currently, the insurance companies “INGO,” “Universalna,” “VUSO,” “ARKS,” PZU “Ukraine,” and IC “Guardian” are authorized to provide such insurance.

As reported, the 2026 state budget allocates 60 million hryvnias for the first time to support agricultural insurance, for which the Cabinet of Ministers approved relevant amendments to the procedure for providing state support on December 31, 2025.

The government resolution provides for compensation of a portion of paid insurance premiums, specifically up to 60% of the cost of insurance premiums for agricultural producers operating in frontline communities, and up to 45% for other agricultural producers.

To insure agricultural products, an agricultural producer must apply to insurance companies that, in agreement with the National Bank of Ukraine, have been authorized to provide such insurance. A list of these companies is published on the Ministry of Economy’s website.

Agricultural product insurance contracts will be concluded in accordance with a list of standardized insurance products, which, in particular, provide coverage for the area of winter grain crops during the overwintering period, winter grain crops for the entire growing season, and the future grain crop harvest during the spring-summer growing season.

 

“Express Insurance” collected nearly 200 million UAH in insurance premiums in January–February

Insurance Company “Express Insurance” (Kyiv) collected insurance premiums totaling UAH 197.3 million in January-February 2026, which is 8.6% more than in the same period of 2025, according to the insurer’s website. Specifically, premiums under comprehensive auto insurance (CASCO) policies totaled 121.2 million UAH in January-February 2026, an increase of 1.8% compared to the same period last year.

Premiums for MTPL insurance rose by 24.9% to UAH 71 million.

As reported, in January–February 2026, the company paid out UAH 91.7 million in insurance claims, which is 36.5% more than during the same period in 2025.

Under comprehensive auto insurance (CASCO) policies, UAH 65.1 million was paid out in the first two months of 2026, which is 22.8% higher than the figure for the same period last year. Payments under MTPL insurance totaled UAH 25.5 million (+96.4% compared to January–February 2025). For other types of insurance, clients were reimbursed over UAH 1 million.

Express Insurance LLC was founded in 2008 with the participation of the leader of the Ukrainian automotive market—Ukravto Group. The company specializes in auto insurance. It is represented at over 60 sales points throughout Ukraine and is actively expanding its network of partner service stations.

 

Process of rezoning agricultural land for industrial use now takes up to two months, says member of parliament

The procedure for rezoning agricultural land for industrial and energy facilities now takes 1.5 to 2 months instead of the previous one to three years, said Dmytro Kysilevsky, deputy chairman of the Verkhovna Rada Committee on Economic Development.

“Given the need to construct new energy facilities before next winter, this streamlined procedure will resolve many issues for communities concerned with energy independence,” he wrote on his Facebook page.

The MP explained that he and his team developed a step-by-step procedure—from submitting an application to issuing a reasoned conclusion. The purpose of the document is to establish a uniform standard of operation for all regions of Ukraine. Kysilevsky emphasized that the mechanism allows for the rapid conversion of agricultural land for industrial use outside populated areas, even where urban planning documentation has not yet been developed.

According to the guidelines, this procedure will remain in effect during martial law and for five years after its conclusion. It permits the construction of industrial and energy facilities (excluding nuclear), warehouses, and agricultural buildings. A separate list of critical infrastructure, specifically electricity and gas supply networks, may be established under this scheme within cities and villages as well.

The process begins with submitting a request through the Unified State Electronic System for Construction (USESC). Executive authorities, local governments, or private landowners have the right to do so. Tenants cannot submit such a request on their own. The document must include the facility’s classification code, development parameters, hazard class, and estimated resource usage volumes.

The authorized architectural authority must review the request within 10 business days to ensure there are no environmental or historical-cultural restrictions. The result is a reasoned conclusion. In the event of a positive decision, the document is automatically considered a special type of urban planning conditions and restrictions (UPCR), which eliminates the need to obtain additional documents for the facility’s design.

The conclusion serves as the basis for making changes to the State Geocadastre without developing land management documentation. Design of the facility can begin immediately; however, a construction permit is issued only after the land status has been finalized. The procedure for obtaining technical specifications has also been simplified: the client may obtain them at any stage, but must do so before the facility is put into operation.

Kysilevsky clarified that the procedure has already been sent to the Regional State Administration for transmission to urban planning authorities in local communities.

As previously reported, the Verkhovna Rada had earlier passed a law allowing, during martial law, for the simplified rezoning of land for industry, logistics, and relocated enterprises without the preparation of urban planning documentation.

 

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UKRNAFTA mobile app has topped “Business” and “Auto” categories on App Store and Play Store

The UKRNAFTA mobile app has reached the top spot in the “Free Apps” and ‘Business’ categories on the App Store and the top spot in the “Cars & Transportation” category on the Play Store.
Up to 3 million people refuel with high-quality Euro-5 fuel, buy coffee and travel essentials using the UKRNAFTA app, and gain access to the loyalty program and marketing promotions.
The app accounts for 73.3% of the network’s total revenue. That’s millions of transactions every month.
96% of UKRNAFTA customers drive passenger cars. They also refuel motorcycles and trucks.
58% of customers drive fairly large cars with fuel tanks ranging from 60 to 79 liters. Most of you drive German brands, but you also love Japanese, South Korean, American, and French cars. And what unites you all is the European-quality fuel at our gas stations.
JSC “Ukrnafta” is Ukraine’s largest oil production company and operates the country’s largest national network of gas stations—UKRNAFTA. In 2024, the company began managing Glusco’s assets. In 2025, it finalized an agreement with Shell Overseas Investments BV to purchase the Shell network in Ukraine. In total, it operates 660 gas stations.
The company is implementing a comprehensive program to resume operations and modernize the format of its network’s gas stations. Since February 2023, it has been issuing its own fuel vouchers and “NAFTACard” cards, which are sold to legal entities and individuals through Ukrnafta-Postach LLC.
The largest shareholder of Ukrnafta is Naftogaz of Ukraine with a stake of 50% plus one share.
In November 2022, the Supreme Commander-in-Chief of the Armed Forces of Ukraine decided to transfer to the state the share of corporate rights in the company that belonged to private owners, which is now managed by the Ministry of Defense.

 

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Vucic declared his party’s victory in all 10 municipalities in local elections

According to Serbian Economist, Serbian President Aleksandar Vučić announced from the headquarters of the Serbian Progressive Party in New Belgrade that the ruling party’s lists, featuring his name, had won in all 10 municipalities where local elections were held on March 29. “It’s 10 to 0,” he said following the vote count.

Elections were held in Bora, Smederevska Palanka, Bajina Bašta, Kula, Lučani, Aranđelovac, Kladovo, Knjaževac, Majdanpec, and Sevojno. Even before Election Day, Vučić had said he would be satisfied only with a victory in all 10 municipalities, although at the time he estimated the possible outcome as 7-3 or 6-4.

After the elections, government officials also publicly confirmed this result. In particular, SNS Chairman Miloš Vučević called the party’s victory in all ten municipalities “very significant” and repeated the 10:0 score.

At the same time, opposition and independent commentators interpret the results more cautiously. N1, citing political analyst Boban Stojanović, notes that despite the SNS’s formal victory in all ten municipalities, in nine of them the party, according to his assessment, saw a decline in support compared to previous election cycles.

https://t.me/relocationrs/2532

 

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