Business news from Ukraine

Business news from Ukraine

European Insurance Alliance has updated its reinsurance program for 2026

European Insurance Alliance (EIA Kyiv) has updated its reinsurance program for 2026, according to information from the insurer. The main reinsurer for all business lines is traditionally Hannover Rück SE (Germany), one of the world’s leading reinsurers with an international financial strength rating of A+ (Superior) assigned by AM Best.

In addition, it is noted that the combined obligatory reinsurance contract is based on the risk excess of loss. Reinsurance coverage extends to all losses under insurance and facultative reinsurance contracts for property, engineering risks, cargo risks, liability risks, and CASCO, including, but not limited to, the property of commercial enterprises and individuals insured in accordance with the General Terms and Conditions of Insurance Products and the original insurance contracts.

European Insurance Alliance also notes that throughout its activities, it has developed and maintained strategic partnerships with leading reinsurance companies around the world, in particular, its cooperation with Hannover Rück SE has been ongoing for more than 14 years.

“The renewal of the bond program for 2026 is an important step towards further strengthening financial stability, expanding insurance coverage opportunities, and providing additional guarantees for our customers and partners,” said Marina Voronyanskaya, Chairwoman of the Board of Directors.

European Insurance Alliance PJSC has been operating in the Ukrainian insurance market since 1994 and is a member of the Motor (Transport) Insurance Bureau of Ukraine, the League of Insurance Organizations of Ukraine, and the Nuclear Insurance Pool of Ukraine.

The company is licensed by the NBU to provide insurance services in 16 classes, including property, automobile, liability, and medical insurance, etc.

 

Zaporizhzhia municipal enterprise Vodokanal announced tender for compulsory motor third-party liability insurance with budget of over UAH 1 million

On February 20, municipal enterprise Vodokanal (Zaporizhzhia) announced a tender for the purchase of compulsory motor third-party liability insurance services for owners of land vehicles.
According to the Prozorro electronic procurement system, the expected price is UAH 1.048 million.
The deadline for submitting applications is February 28.
The winner of a similar tender a year earlier was Arsenal Insurance.

 

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Ukraine wins at Berlinale Panorama for first time

Ukraine has won the Panorama section of the Berlinale for the first time — the film Traces received the Audience Award at the 76th festival, according to Deputy Prime Minister for Humanitarian Policy and Minister of Culture of Ukraine Tetiana Berezhna.
Ukraine won the Berlinale Panorama award for the first time — the film “Traces” received the audience award at the 76th festival.
“The world has heard Ukrainian women. Thank you to them for their strength and courage to talk about the most painful things,” Berezhna wrote on Facebook on Saturday.
According to her, the film “Traces” by directors Alisa Kovalenko and Marisa Nikityuk received the award in the Panorama Dokumente category based on the results of a vote by 26,500 viewers.
“Traces” tells the stories of Ukrainian women who survived sexual violence during the Russian aggression and decided to testify. Therefore, it is especially valuable that the award is the choice of the audience, a living response to the truth that cannot be ignored.
According to the UN, more than 90% of Ukrainian military and civilians who were held captive by Russia reported torture and inhumane treatment. Sexual violence is used as a weapon of war and remains one of the most silenced crimes. Traces breaks this silence, the deputy prime minister noted.
Director Alisa Kovalenko personally experienced sexual violence while in captivity in Donbas at the beginning of the war. She was one of the first women in Ukraine to speak publicly about this experience, and her story was the impetus for the film, Berezhnaya said.

 

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“Korostenskiy plant of chemical engineering” will agree package of credit decisions

Korosten Chemical Machine Building Plant will hold an extraordinary general meeting of shareholders in the form of a poll: the voting will start on February 17, 2026, and end on February 27, 2026.

Issues related to bank financing and collateralization of liabilities are put to vote. In particular, the shareholders are proposed to approve significant transactions and their terms and conditions under agreements with AT “VST Bank”, as well as to grant preliminary consents for pledge of shares (including the package of 10 544 349 shares – 98,014026% of the authorized capital) and execution of mortgages/pledges of property to secure credit lines, including limits of UAH 55 million and up to UAH 30 million (including under the program “Affordable loans 5-7-9%”).

PrAT “HIMMASH” – is a production enterprise in Korosten (Zhytomyr region), specializing in chemical engineering and industrial equipment.

https://www.fixygen.ua/news/20260220/korostenskiy-zavod-himmashinobuduvannya-pogodit-paket-kreditnih-rishen.html

 

“Ukrainian Innovation Company” will hold meeting of shareholders on February 27

PJSC Ukrainian Innovation Company has planned to hold a general meeting of shareholders on February 27, 2026. In the provided data on the meeting, the main issues put to vote were not disclosed.

PJSC Ukrainian Innovation Company is a joint-stock company that publishes regulated information on corporate events and decisions of management bodies.

https://www.fixygen.ua/news/20260220/ukrayinska-innovatsiyna-kompaniya-provede-zbori-aktsioneriv-27-lyutogo.html

 

Romania and USA will build plant for processing rare-earth metals

Romania and the U.S. company Critical Metals Corp have agreed to prepare a project to create in Romania facilities for processing rare-earth raw materials, which are planned to be supplied from the Tanbreez deposit in Greenland.

As Romanian Energy Minister Bogdan Ivan told Antena 3, the authorities intend to determine the financial model of the project and the list of metals to be processed by mid-April, after which the government should approve the relevant memorandum.

Back in December 2025, Critical Metals announced plans to form a joint venture with Romania’s FPCU to build a facility to process rare earth minerals from the Tanbreez project, with the company intending to supply Romania with 50% of the concentrate for the entire life of the mine. The company emphasized that the project is designed to reduce Europe’s dependence on Chinese processing capacity.

 

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