Business news from Ukraine

Business news from Ukraine

New insurer of Kyivgas on MTPL – company “Guardian”

On January 9, the joint-stock company Kyivgas announced its intention to conclude a contract with IC Gardian for the services of compulsory insurance of civil liability of owners of land vehicles (MTPL).

As reported in the system of electronic public procurement ProZorro, the company’s price offer amounted to UAH 1.041 million against the expected cost of purchasing services – UAH 1.088 million.

The company was the only participant of the tender.

 

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Average cost of MTPL insurance policy in 2025 increased by 2.3 times

The average premium under contracts of compulsory motor third party liability insurance (CMTPL) in January-December 2025 (cumulative total) amounted to UAH 3.163 thousand, which is 2.32 times more than for the same period a year ago (UAH 1.362 thousand), reported the Motor (Transport) Insurance Bureau of Ukraine (MTSBU).

It is also noted that the average damage for 12 months of this year increased by 33%, to UAH 45,050 thousand against UAH 33,849 thousand for 12 months. 2024.

The average payment for damage caused to property as a result of road accidents amounted to UAH 58,048 thousand (+35,9%), according to “europrotocol” – UAH 29,478 thousand (+56,9%), and for damage to health – UAH 60,977 thousand (+11%).

The MTSBU reports that insurance companies in January-December 2025 increased the collection of insurance payments under CMTPL insurance policies 2.14 times – up to UAH 23.642 billion, and paid out UAH 6.802 billion (+41.4%).

The MTSBU is the only association of insurers in Ukraine that provides compulsory insurance of civil liability of owners of motor vehicles for damage caused to third parties. 26 insurance companies are members of the Bureau.

 

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Elina Svitolina became winner of WTA 250 tournament in Auckland

Ukraine’s top-ranked player Elina Svitolina won the WTA 250 ASB Classic in Auckland, New Zealand, beating China’s Wang Xinyu 6-3, 7-6(6).

Svitolina won her 19th WTA singles title. According to the organizers, the total balance of the Ukrainian in the finals of WTA tournaments is 19 wins and 4 losses.

Svitolina is ranked 13th in the WTA rankings.

 

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9% more foreigners received residence permits in Turkey in 2025

The number of foreigners with valid residence permits in Turkey as of December 31, 2025, was 1,151,969, according to statistics from the Presidency of Migration Management of the Turkish Ministry of Interior.
Compared to the end of 2024, the figure increased by 95,337, or approximately 9%.

The structure of residence permits by type in 2025 includes 426,926 short-term permits, 220,434 student permits, 168,455 family permits, and 336,154 permits of other categories.

According to data on distribution by province, more than half of all foreigners with residence permits live in Istanbul – 579,932. Next are Antalya (109,571) and Ankara (73,263).

In terms of citizenship, Ukraine is in the top 10 for short-term residence permits (21,257) and in the top 10 for family residence permits (6,505).

The Migration Directorate reminds that foreigners planning to stay in the country longer than the visa or visa-free regime period, i.e., more than 90 days, must apply for the appropriate residence permit through the electronic system, and reference information can be obtained through the YIMER center (157 within Turkey).

 

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Serbian Chamber of Commerce and Industry: square meter in Belgrade costs average of €2,400

According to Serbian Economist, real estate prices in Serbia are market-driven and not “inflated,” said Ervin Pashanovich, a member of the board of the Association of Real Estate Agents of the Serbian Chamber of Commerce and Industry (Privredna komora Srbije).

According to him, the real estate market in the country remains “free” and without interference, and price levels are confirmed by demand. He noted that the average price per square meter of housing in Belgrade is about €2,400, with attention often focused on the most expensive projects, although there are different price levels on the market.

Pasanovic also pointed out that the majority of purchases are made by citizens seeking to resolve their housing issues, rather than investors, since, in his estimation, rental yields imply a long payback period: an apartment costing €100-150,000 can be rented for around €600 per month, which corresponds to a 24-30 year return on investment.

He added that the share of buyers purchasing housing with loans has reached a record 36%, and the share of foreigners among real estate buyers in Serbia is about 2%.

Pasanovic also commented on the application of the law on simplified accounting and registration of property rights, noting that the possible entry into the market of some previously unaccounted properties, in his opinion, will not lead to a noticeable decrease in prices, since a significant part of them are not located in central areas.

According to data from the Republic Geodetic Authority of Serbia (RGZ), in the third quarter of 2025, the average price of apartments on the secondary market in Belgrade was €2,691 per square meter, and in new buildings, €2,598 per square meter.

The RGZ reported that the total volume of the Serbian real estate market in the third quarter of 2025 was estimated at €1.8 billion with 30,511 sales contracts, and apartment transactions accounted for about 60% of the total market value (€1.1 billion).

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During first week of January, border crossings in Ukraine increased by almost 30%

Passenger traffic across the Ukrainian border in the first week after New Year’s, from January 3 to 9, jumped by about 27% to 598,000, according to data from the State Border Service. According to the data, the number of border crossings for departure increased to 258,000 (for comparison, data for January 7 was not taken into account due to the lack of statistics from the State Border Service for December 30) from 223,000 a week earlier, while the increase for entry was even more significant – to 271,000 from 184,000.

The number of vehicles passing through checkpoints this week also increased to 95,000 from 77,000 a week earlier, and the flow of vehicles carrying humanitarian cargo increased to 342 from 268.

According to the State Border Service, as of 6:00 p.m. on Saturday, the largest number of cars and buses waiting to leave Ukraine at the Krakovets checkpoint were 45 and 8, respectively. The queue at the Ustyluh checkpoint consisted of 25 vehicles, at the Ugrinov checkpoint – 15 vehicles, and at the Shehyni checkpoint – 12 buses.

Twenty-five cars and seven buses were waiting to cross the border with Slovakia at the Uzhgorod checkpoint, and five cars were waiting at the Maly Berezny checkpoint.

At the border with Hungary, there was only a small queue of five cars at the Tisa checkpoint, while unusually long queues were recorded at the Porubne and Dyakovo checkpoints on the border with Romania – 50 and 35 cars, respectively, as well as at the Mamalyga checkpoint on the border with Moldova – 35 cars.

The total number of border crossings this week is the same as last year. At that time, 302,000 people left Ukraine and 292,000 entered the country over the same seven days, while this week the figures were 295,000 and 303,000, respectively, although the flow of cars was higher last year – 117,000 versus 109,000, which is probably due to weather conditions.

Last year, a 16.9% increase in passenger traffic was recorded during this week, but the following week saw a 13.3% decrease.

As reported, from May 10, 2022, the outflow of refugees from Ukraine, which began with the start of the war, was replaced by an influx that continued until September 23, 2022, and amounted to 409,000 people. However, since the end of September, possibly influenced by news of mobilization in Russia and “pseudo-referendums” in the occupied territories, followed by massive shelling of energy infrastructure, the number of people leaving exceeded the number of people entering. In total, from the end of September 2022 to the first anniversary of the full-scale war, it reached 223,000 people.

During the second year of full-scale war, the number of border crossings to leave Ukraine exceeded the number of crossings to enter by 25,000, during the third year by 187,000, and since the beginning of the fourth year by 195,000, according to the State Border Service.

As Sergei Sobolev, then Deputy Minister of Economy, noted in early March 2023, the return of every 100,000 Ukrainians home results in a 0.5% increase in GDP.

In its July inflation report, the National Bank worsened its migration forecast: while in April it expected a net inflow of 0.2 million people to Ukraine in 2026, it now forecasts a net outflow of 0.2 million, which corresponds to the estimate of the net outflow this year. “Net return will only begin in 2027 (about 0.1 million people, compared to 0.5 million in the previous forecast),” the NBU added, confirming this forecast at the end of October. In absolute terms, the National Bank estimates the number of migrants currently remaining abroad at about 5.8 million.

According to updated UNHCR data, the number of Ukrainian refugees in Europe as of December 11, 2025, was estimated at 5.311 million (5.331 million as of November 14), and 5.860 million (5.850 million) worldwide.

In Ukraine itself, according to the latest UN data for July this year, there were 3.340 million internally displaced persons (IDPs), compared to 3.757 million in April.