According to Serbian Economist, the Hungarian government has designated the “Hungary–Serbia” oil pipeline and related infrastructure as a priority investment project, which is expected to speed up administrative procedures and construction work. Budapest views the project as part of a broader strategy to better coordinate the energy and fuel markets of Hungary, Serbia, and Slovakia. The Hungarian side believes this will enhance the resilience of regional energy supplies and reduce dependence on external risks.
Hungarian media reports state that the government’s goal is to bring the system into full operation in 2027 or 2028. The new route is intended to create an additional foundation for oil supplies to the region amid the continued vulnerability of existing supply lines.
The issue is particularly sensitive for the region following supply problems with the Druzhba pipeline, a section of which on Ukrainian territory was damaged in January. Against this backdrop, Budapest has in recent weeks linked energy security issues to broader regional policy.
For Serbia, accelerating the project is important both in terms of diversifying supply routes and in the context of ongoing uncertainty surrounding NIS and oil imports. The new pipeline could become one of the country’s key energy infrastructure projects.
https://t.me/relocationrs/2509
FC “Liberty Finance” considers the National Bank of Ukraine’s decision to revoke licenses to be unlawful and will seek their reinstatement through legal proceedings
In connection with the National Bank of Ukraine’s notice dated March 24, 2026, regarding the revocation of Liberty Finance FC’s license to operate as a financial company and its license to conduct cash foreign exchange transactions, we deem it necessary to inform the public of the following.
1. FC “Liberty Finance” disagrees with the relevant decision of the National Bank of Ukraine and considers it illegal.
2. The company operates exclusively within the legal framework and within the scope of the licenses issued by the regulator. The information regarding two unlicensed transactions conducted by employees of Liberty Finance FC, which the regulator used to justify its decision, is untrue. Such situations are fundamentally impossible in our customer service branches due to our transparent operational model.
3. At the time of the license revocation, Liberty Finance FC is in the process of actively challenging the NBU’s previous decisions in the Kyiv Administrative Court.
4. We are confident in our position, so we will defend the business reputation of Liberty Finance FC and seek the reinstatement of the revoked licenses through legal proceedings.
Despite the current situation and regulatory pressure, our company guarantees the full and timely fulfillment of its obligations to clients.
All agreements and contracts entered into prior to the publication of the NBU’s decision remain in effect.
FC “Liberty Finance” has sufficient liquidity to ensure financial stability and to make all necessary payments in full.
Our position is consistent, and our next steps will be aimed at protecting the legitimate interests of Liberty Finance FC and our clients.
Shareholders of VUSO Insurance Company (Kyiv) plan to approve a resolution at the meeting scheduled for April 29 to allocate UAH 20.013 million from the remaining net undistributed profit for 2024, which totals UAH 98.811 million, for the payment of dividends.
As the company reported in the disclosure system of the National Securities and Stock Market Commission (NSSMC), the remaining undistributed profit for 2024 in the amount of UAH 78.799 million will remain undistributed.
The meeting agenda states that dividends will be paid at a rate of UAH 0.73 per share. Dividends will be paid in full directly to shareholders in accordance with the procedure established by law within six months from the date of the relevant resolution by the general meeting of shareholders.
In addition, the shareholders plan to approve the results of financial and economic activities (annual financial statements) for 2025. And to leave the profit earned by the company in 2025 undistributed.
As reported, at a meeting held from December 4 to 9, 2025, the shareholders of IC “VUSO” decided to allocate UAH 20.013 million of the confirmed undistributed profit for 2024, amounting to UAH 118.824 million, for the payment of dividends. The remaining profit for 2024, amounting to 98.811 million, is to be retained.
VUSO Insurance Company was founded in 2001. It is a member of the Motor Transport Insurance Bureau of Ukraine (MTIBU) and the Ukrainian Insurance Federation (UIF), a participant in the Direct Loss Settlement Agreement, and a member of the Nuclear Insurance Pool.
In 2024, the company collected UAH 3.462 billion in gross premiums, which is 29.3% more than in 2023; the company’s net premiums increased by 25.55% to UAH 3.105 billion, and net earned premiums by 15.83% to UAH 2.737 billion. It paid out UAH 1.414 billion to clients, which is 45.40% higher than the volume of insurance payments and reimbursements for 2023.
As of January 1, 2025, the insurer’s assets increased by 25.76% to UAH 1.917 billion, equity by 22.45%
to UAH 755.839 million, liabilities increased by 28.01%—to UAH 1.161 billion,
cash and cash equivalents—by 36.09%, to UAH 758.730 million.
According to a report by Relocation.com.ua, Sweden has established a timeline for gradually tightening its citizenship rules: most of the new requirements are proposed to take effect on June 6, 2026; mandatory language and social studies tests—in October 2027; and the mechanism for revoking citizenship in certain cases—on January 1, 2028. This is outlined in a report by KPMG Sweden, prepared based on government initiatives and investigative materials submitted to the Swedish Ministry of Justice.
Under the proposed changes, the standard residency requirement in Sweden before applying for citizenship will increase to eight years from the current five. For spouses of Swedish citizens, the period of cohabitation required to qualify for application will rise to seven years instead of three, provided that the Swedish spouse has held citizenship for at least five years.
At the same time, a requirement for financial self-sufficiency is being introduced for the first time. Applicants will be required to demonstrate a stable income from employment or business, and prolonged receipt of unemployment benefits may serve as grounds for denial. Exceptions are proposed for retirees and students with good academic standing.
Starting in October 2027, a mandatory state test is planned to be introduced, which will assess not only knowledge of the Swedish language but also understanding of the structure of Swedish society. As an alternative, high scores on the Swedish for Immigrants program may be accepted.
Another area of tightening concerns the so-called “good conduct.” Citizenship may be denied to individuals convicted of or suspected of serious crimes, as well as repeat offenders. Separately, the commission proposed allowing the revocation of citizenship for individuals with dual citizenship starting January 1, 2028, in cases of particularly serious crimes or the submission of knowingly false information when applying for a passport.
It is important to note that this currently refers specifically to the government’s package of proposals and the timeline for their anticipated implementation, rather than a fully completed legislative reform. As early as January 2025, the Swedish government stated that it wanted to make the process of obtaining citizenship more stringent and link it to deeper integration into society.
https://relocation.com.ua/sweden-tightens-citizenship-rules/
According to Serbian Economist, Hungarian oil and gas company MOL has received approval from U.S. authorities to continue negotiations on the acquisition of a controlling stake in Serbian NIS until May 22, 2026. This was reported by Reuters, citing a statement from MOL.
The negotiations concern the purchase of shares held by Russian shareholders—Gazprom Neft and Gazprom, which own 44.9% and 11.3% of NIS, respectively. Initially, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) set a deadline of March 24 for finalizing the Russian companies’ exit from NIS’s capital, but this deadline has now been extended to May 22.
In January, MOL signed a binding agreement with the Russian shareholders to purchase their stakes in NIS, and the Emirati company ADNOC is set to acquire a minority stake as part of this deal. The Serbian government retains a 29.9% stake in the company.
For Serbia, the issue of changing NIS’s ownership is of strategic importance, as the company remains the country’s largest fuel supplier and the operator of the only oil refinery in Pančevo. Last week, the U.S. also extended the sanctions waiver for NIS itself until April 17 so that the company could continue importing crude oil.
https://t.me/relocationrs/2499
