Sales of new passenger cars in February this year decreased by 20% compared to the same month of 2023 – to 4.8 thousand units, AUTO-Consulting reports.
According to the report on the group’s website, the biggest drop occurred in the segment of so-called “budget cars” – by almost 54%, also the sales of cars of medium price range decreased by 20%.
In February, the leadership was held by Toyota, but the second place was taken by Skoda with 8.4% of the market. Finishing third in February was Renault.
”Interestingly, four of the top 10 automobile brands in February showed growth, but in the end the market still lost 20%,” the report states.
AUTO-Consulting emphasizes that the decline in the electric car segment was more widespread than the overall decline in the market for new passenger cars – demand for them decreased by 37%, and their share amounted to only 15.6% against 20% in February-2024.
According to analysts, compared to January this year, sales of new passenger cars increased (by 5.3%), but at the end of January-February decreased by 13.6% compared to the two months of 2024.
“So, we have a negative result in the auto market for two months so far. This has already brought about changes among the top 20 automobile brands as well. The car market is still moving along the trend of 2017,” the report said.
As reported, according to AUTO-Consulting, in 2024, sales of new passenger cars in Ukraine increased by 9.8% to 2023 – up to 71.3 thousand units.
Import changes in % to previous period in 2023-2024
Source: Open4Business.com.ua
State enterprise NAEK Energoatom (Kiev) and IC “European Insurance Alliance” on March 4 concluded a contract for compulsory motor third party liability insurance of owners of land vehicles (MTPL).
As reported in the system of electronic public procurement Prozorro, the price offer of IC “European insurance alliance” amounted to UAH 309,009 thousand at the expected cost in the tender conditions of UAH 1,029 million.
IC “VUSO” – UAH 321,4 th. and IC “Krajina” – UAH 680 th., BBS Insurance – UAH 683,6 th. also participated in the tender.
“EUA” has been working in the insurance market of Ukraine since 1994, is a member of the Motor (transport) Insurance Bureau of Ukraine, a participant of the Agreement on direct settlement of losses on compulsory civil liability insurance of owners of land vehicles and a member of the Nuclear Insurance Pool of Ukraine.
On March 1, Iryna Mikhalova, CMO of Alliance Novobud, presented the company at the XI National Forum “Real Estate Market as a Segment of the State Economy”. The expert took part in a discussion panel on the topic “Primary market 2025: development vectors and impact on prices”.
During the panel, a number of topical issues were raised, in particular, the dynamics of primary market prices. Representatives of developers unanimously said that prices are rising, and Iryna Mikhaleva confirmed this fact:
“Indeed, prices in 2024 have increased and will continue to grow in 2025. For example, another price increase is planned for our construction projects in April. There are no prerequisites for a drop in the cost of primary square meters.”
The expert also noted the return of investors who invested “in the pit”.
“Last year, one of the houses of the Brovary project Krona Park II showed good sales results at the start of construction, and this spring we expect such investors to be interested in the 16th and final house of the Lesniy Kvartal residential complex. We have not yet announced the start of sales, and potential buyers are already contacting the sales office. So speculative demand is returning.”
Regarding the sales of business class real estate, Ms. Iryna noted that despite the unstable situation and tense information background, there are requests for the product and, interestingly, often from foreigners. Moreover, they do not just sign up to view the properties, but also buy them.
The expert believes that the future lies in comfort and comfort+ class real estate. This is due to internal migration processes, the availability of quality offers in this class, especially in the suburbs, where prices are also more affordable, and the desire of buyers to provide safe and high-quality comfort for their families.
Among the significant factors for the successful future of the primary real estate market, Iryna Mikhalova named: increased funding for the state mortgage program “eOselya”, support from the state by providing developers with access to credit programs, reducing the tax burden, etc.
Event organizer: Union of Realtors of Ukraine. The forum aims to bring together real estate market professionals, business representatives, public sector and experts to analyze the current state of the market, discuss the prospects for its development in the context of the Ukrainian economy and find new effective solutions.
Export changes in % to previous period in 2023-2024
Source: Open4Business.com.ua
INGO Insurance Company has paid UAH 20 mln to Irpen-Budproekt-Plus LLC, which belongs to Dragon Capital group companies, under the contract of comprehensive insurance of legal entities’ property with coverage of military risks.
According to the insurer’s information, the office complex with underground parking with the area of 10629,9 sq. m., located in Kyiv at 98 Bolshaya Vasilkovskaya Street, was damaged on December 20, 2024 as a result of the aggressor’s air attack on the capital. As a result of the falling debris of the missile, the upper floors ceilings, external and internal finishing of the premises, the facade of the building and engineering communications were damaged. The accident was qualified as insured.
According to Alexander Kolpakov, Head of Property Losses Settlement Department of IC INGO, the company’s specialists drew up the case materials as quickly as possible, coordinated with the relevant departments and sent it for payment. It took 7 calendar days for actual payment to the client’s bank account.
It is also reported that reinsurance of 50% of risks was provided by Oranta, for which property insurance against military risks is still a new direction.
“But now this direction is a critical tool for business protection in Ukraine. Therefore, we will continue to support insurers, providing them with financial stability in difficult conditions”, – said the Chairman of the Board of ‘Oranta’ Incorporated Jacek Meizner.
The company “Dorada Partners Insurance Brokers” was engaged in the support of the insured object.
Over the last two years INGO has insured more than 5 thousand private objects, more than 2 thousand transportations, thousands of cars and several hundred objects of legal entities against war risks.
INGO Insurance Company JSC holds licenses for 18 classes of insurance and has been providing insurance services to both individuals and companies for 30 years. Its network covers 25 branches, 5 outlets and 9 customer service centers operating in all regions of the country. The company is among the largest insurance companies in Ukraine in terms of premiums, the size of its own assets and the amount of insurance claims paid.
Since 2017, the main shareholder is the Ukrainian business group DCH.
Dragon Capital is one of the largest investors in commercial real estate in Ukraine. The company’s portfolio includes 25 objects with a total area of 560 thousand sq. m., including business centers, warehouses and retail real estate.
