Business news from Ukraine

Business news from Ukraine

“Astarta” is considering acquisition of two more agricultural enterprises

Astarta Agricultural Holding, Ukraine’s largest sugar producer, is considering the acquisition of two Ukrainian agricultural enterprises: ‘Vozrozhdenie’ LLC and “Orion Moloko” LLC (both located in the Lubenskyi District, Poltava Oblast), according to a company announcement on the Warsaw Stock Exchange on Friday.
“Such an acquisition, if completed, would give Astarta decisive influence over the assets of these enterprises (primarily lease rights to arable land located near Astarta’s main operating assets in Poltava Oblast),” the agricultural holding noted.
It clarified that its subsidiary Ancor Investments Limited (Nicosia, Cyprus) has already received approval from the Antimonopoly Committee of Ukraine for the acquisition of the enterprises, but this submission to the AMCU was a procedural step allowing the parties to continue assessing the feasibility of the transaction.
“As of the date of this report, the final transaction has not been concluded. The company will provide further information in accordance with its disclosure obligations,” the statement reads.
According to the Unified State Register of Legal Entities and Individual Entrepreneurs, both Poltava-based enterprises specialize in the cultivation of grains, legumes, and oilseed crops, as well as in dairy farming. Prior to the conclusion of the agreement, the ultimate beneficial owner of the companies was Marina Sigal (Israel), co-owner of the Agromars holding (Gavrilovskie Tsyplyata brand) and the Freedom Farm group.
According to data from the Opendatabot service, Orion Moloko LLC (Shompelevka village, Lubenskyi District, Poltava Oblast) was founded in 2008. The company’s revenue increased by 29.5% compared to 2024—to 196.95 million UAH, assets decreased by 26.2%—to 193.39 million UAH, and net profit amounted to 61.99 million UAH. The number of employees at the end of the year was 79.
LLC “Enterprise ”Vozrozhdenie” (Petrakievka village, Lubenskyi District, Poltava Oblast) was founded in 2007. The company’s revenue in 2025 decreased by 27.0% to UAH 83.14 million, assets by 34.4% to UAH 64.53 million, and net profit amounted to UAH 11.15 million. The company employs 62 people.

 

In January–February, Express Insurance paid out over 91 million UAH in insurance claims

Express Insurance paid out UAH 91.7 million in insurance claims in January-February 2026, which is 36.5% more than in the same period of 2025, according to the company’s website.

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). Over UAH 1 million was paid to clients under other types of insurance.

Express Insurance 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 more than 60 sales locations throughout Ukraine and is actively expanding its network of partner service stations.

 

Energoatom has announced tender for directors’ and officers’ liability insurance in amount of 20 million UAH

According to Fixygen, JSC “NAEK ”Energoatom” announced a tender on March 20 for liability insurance for the chairman and members of the supervisory board. As reported in the Prozorro e-procurement system, the expected cost of the services is 20 million UAH.

Applications to participate in the tender are being accepted until 4:00 PM on April 7

The winner of a similar tender a year earlier was IC “Coloneid Ukraine”

 

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Daytime temperatures in Kyiv will be 10–12°C over next few days

On Sunday, March 22, there will be no precipitation across Ukraine, with only light rain in some southern areas overnight, according to the Ukrainian Hydrometeorological Center.

The wind will be northeasterly, 7–12 m/s; in Crimea and the Azov region, there will be gusts of 15–20 m/s in some areas during the day.

Nighttime temperatures will range from 2°F to 3°F below freezing, and 1–6°F in the south of the country. Daytime temperatures will be 8–13°F.

In the Carpathians, light wet snow in some areas at night, with no precipitation during the day. Temperatures at night and during the day will range from 3° below freezing to 2° above freezing.

In Kyiv, no precipitation; a northeast wind at 7–12 m/s. Nighttime temperatures around 0°F; daytime temperatures 10–12°F.

According to the Boris Sreznevsky Central Geophysical Observatory, the highest daytime temperature on March 22 in Kyiv was recorded in 1974 at 21.5°F, and the lowest nighttime temperature was 18.4° below zero in 1942.

On Monday, March 23, Ukraine will see no precipitation, with a northeast wind of 5–10 m/s.

Nighttime temperatures will range from 2°F to 3°F below freezing (1–6°F in the south); daytime temperatures will be 8–13°F.

In Kyiv, no precipitation, with a northeast wind at 5–10 m/s. Nighttime temperatures around 0°F, daytime temperatures 10–12°F.

 

Van Gogh Exhibition Featuring Virtual Reality Technology Opens in Kyiv

According to the Interfax-Ukraine Culture project, an international immersive exhibition dedicated to the work of Dutch artist Vincent van Gogh will open on April 11 at the VDNG exhibition grounds in Kyiv, the organizers report.

“Visitors will be able to literally find themselves inside Van Gogh’s paintings thanks to large-scale projections, music, and digital technologies,” the organizers note.

The exhibition will be held in Pavilion No. 7 and will run until July 26. It will occupy an area of over 2,000 square meters and combine digital installations, VR effects, and a traditional exhibition showcasing the artist’s life story.

Highlights include a recreated version of the artist’s bedroom, as well as the opportunity to view famous works, including “Starry Night” and “Sunflowers,” in 360° format.

“This is an opportunity to immerse yourself in Van Gogh’s world and experience his art in a new way,” the organizers emphasize.

It is noted that the exhibition has already been presented in a number of cities around the world, including New York, Los Angeles, Berlin, and Dubai, where it was visited by millions of viewers.

As reported, Vincent van Gogh’s painting “Landscape with a Farmhouse” was sold at the TEFAF international art and antiques fair in Maastricht for $13.5 million.

 

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Yugoslav princess from Karadjordjevic dynasty has found herself at the center of investment scandal

According to Serbian Economist, Princess Katarina T. Karadjordjevic has found herself at the center of a financial scandal in the UK after a private investor claimed to have lost 50,000 pounds in a project he invested in, trusting her and her business partner. This was reported by the British Daily Mail.

According to the publication, the investor in question is British dermatologist Robin Russell-Jones, who met the princess in London. Shortly thereafter, her close associate and business partner Sharon Rea offered him the opportunity to invest £50,000 in a purported international project promising returns of up to £4 million. It was claimed that the initiative allegedly had the backing of international institutions, including the International Monetary Fund.

However, the project later turned out to be a sham, and the invested funds disappeared. The investor took the matter to court and won the case, but the money has still not been returned to him. According to the court ruling, Sharon Rea must repay the debt in installments—£100 per month.

The publication notes that Princess Catherine’s collaboration with Rea lasted at least five years. During this time, they promoted a number of international initiatives, including hospital construction projects and the organization of the Tsunami of Sound charity concert series; however, according to the report, none of these projects were ultimately implemented.

When the investor began to doubt the project’s credibility, he tried to contact Princess Katarina to verify information about her partner but received no response. The princess herself did not respond to media inquiries, while some of her acquaintances suggest she may have been misled.

The Karadjordjevic dynasty is a Serbian and Yugoslav royal dynasty that traces its origins to Karadjordje, the leader of the First Serbian Uprising. Members of the dynasty ruled Serbia in the 19th and early 20th centuries, and later the Kingdom of Serbs, Croats, and Slovenes and the Kingdom of Yugoslavia from 1921 to 1941.

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