Business news from Ukraine

Business news from Ukraine

Over UAH 300 mln will be allocated for dividend payment at MetLife

The shareholders’ meeting of MetLife PJSC (Kiev) on December 17, 2025 decided to pay dividends in the amount of UAH 313.714 million (per share – UAH 38.1), the insurer reported in the information disclosure system of the National Securities and Stock Market Commission (NSSMC).

According to the disclosed data, the payment will be made in U.S. dollars, taking into account the restrictions set by the National Bank of Ukraine (NBU) regarding the transfer of foreign currency abroad by residents in favor of a foreign investor/non-resident for the payment of dividends, starting from January 6, 2026 to June 17, 2026.

As reported, MetLife shareholders on May 28, 2025 decided to pay dividends in the amount of UAH 270.486 million (per share – UAH 32.85). The payment will be made from July 1, 2025 to January 1, 2026.

PJSC MetLife is a part of the leading global corporation MetLife. The company has been operating in Ukraine since 2002. It is the leader of the Ukrainian life insurance market. The main lines of business are accumulative life insurance, accident and critical illness insurance, corporate insurance and bancassurance.

 

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Switzerland, UAE and UK increased investment in China amid overall contraction

Foreign direct investment (FDI) in mainland China’s economy in January-November 2025 fell 7.5% year-on-year to 693.18 billion yuan ($98.5 billion), according to the Ministry of Commerce.

The manufacturing sector attracted 171.72 billion yuan, while the services sector attracted 506.29 billion yuan.

Meanwhile, Switzerland’s FDI rose 67%, the UAE’s 47.6% and the UK’s 19.3%. FDI in November increased 26.1% year-on-year. As reported, FDI in 2024 collapsed 27.1% to 826.25 billion yuan. This is the maximum decline in the history of counting (since 2008).

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More than UAH 20 mln of IC “VUSO” profit will be used for dividends

Shareholders of IC “VUSO” (Kyiv) at the meeting from December 4 to 9 have decided to allocate UAH 20.013 mln of confirmed retained earnings for 2024 to dividends.

As the company reported in the information disclosure system of the National Commission on Securities and Stock Market (NCSSM), the rest of the profit for 2024 in the amount of 98.811 mln is planned to be left undistributed.

The company also reports that dividend payments will be made at the rate of UAH 0.73 per share. Payment of dividends will be made in full directly to shareholders in the manner prescribed by law within six months from the date of adoption of the relevant decision by the general meeting of shareholders.

As reported, the company’s net confirmed retained earnings for 2024 amount to UAH 118.824 mln.

The company in 2024 collected UAH 3.462 billion of gross premiums, which is 29.3% more than for 2023, net premiums increased by 25.55% to UAH 3.105 billion and net earned premiums by 15.83% to UAH 2.737 billion.

IC “VUSO” for 2024 has paid out UAH 1,414 billion to clients, that is by 45,40% higher than the volume of insurance payments and indemnities for 2023. Thus, the level of payouts has increased by 4,52 percentage points – up to 40,85%.

Assets of the insurer as of January 1, 2025 have grown by 25,76% – to UAH 1,917 billion, shareholders’ equity – by 22,45% – to UAH 755,839 million, liabilities – by 28,01% – to UAH 1,161 billion, cash and cash equivalents – by 36,09% – to UAH 758,730 million.

IC “VUSO” was founded in 2001. It is a member of ITSBU and UFS, a participant of the Agreement on direct settlement of losses and a member of the Nuclear Insurance Pool.

 

Since beginning of full-scale war, number of tax proceedings against businesses has increased by 35%

Over 25 thousand proceedings were opened by the State Tax Service against companies in 11 months of 2025. This is 35% more than before the start of the full-scale war. Most of these proceedings were opened in Kyiv, Dnipropetrovs’k and Kyiv regions. Every 5th proceeding this year was opened against businesses in the wholesale trade sector. Among the companies that have received comments from the State Tax Service are Derevtekhservice, Kravbud, the editorial office of the Kreminna city newspaper, and the Kryvbas football club. Myrhorod Bakery Plant No. 1 has accumulated the most proceedings over time.

The Tax Service opened 25,035 proceedings against companies this year. This is 1.7% less than last year, but 35% more than before the full-scale campaign. These are enforcement proceedings to collect fines, taxes and fees from businesses in favor of the State Tax Service.

One in four proceedings against businesses was opened in Kyiv this year – 5,757 cases from the Tax Service. Dnipropetrovs’k region is catching up with the capital: 4,738 proceedings. Kyiv region closes the top three with 1,467 proceedings.

The largest number of proceedings was opened by the Tax Service against businesses in the field of wholesale trade – 5,380 cases. The second place is taken by agriculture and hunting: 2,092 proceedings. The construction sector is next: 1,910 cases.

The leader among the companies against which the Tax Service has opened the most proceedings is the private enterprise Derevtechservice with 29 proceedings. It is followed by Kravbud (22), the editorial office of the city newspaper Kremin (20) and the Kryvbas football club (17).

It should be noted that not all proceedings are visible now – some have already been settled, so they have disappeared from the list. If we look at active proceedings, i.e. those that were opened a long time ago but have not yet been closed, the absolute leader here is Myrhorod Bakery No. 1 with 79 active proceedings. It is followed by Kvarsit (40) and Lers (39).

The highest number of active proceedings is currently in Kyiv (4,157), Dnipropetrovs’k region (3,931) and Kharkiv region (1,418).

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American Chamber of Commerce warns of threats to safety of Ukrainian shipping

https://chamber.ua/ua/news/amerykanska-torhovelna-palata-zaklykaie-mizhnarodnykh-partneriv-posylyty-povitrianyy-ta-morskyy-zakhyst-nad-ukrainskoiu-portovoiu-infrastrukturoiu-chornoho-moria/

The business community, united by the American Chamber of Commerce in Ukraine (the Chamber), calls on international partners to immediately increase air and sea defense over Ukraine, particularly the Odesa region and critical Black Sea port infrastructure.

Russia continues to destroy and humiliate American businesses in Ukraine. Russia’s recent missile and drone attacks targeting Ukraine and the Odesa region

  • resulted in injuries and deaths of port workers and ship crews
  • damaged ports, energy facilities, grain storage facilities and commercial vessels
  • reduced the operation of terminals by up to 50%, some of them have been shut down, most of them are running on generators
  • caused large-scale power outages and additional costs for the use of generators
  • damaged power plants and power grids that require urgent repairs
  • limited railroad connections to ports
  • caused downtime of commercial vessels and demurrage charges

The current situation poses a direct risk of disrupting global food and commodity supply chains, with far-reaching consequences for international markets and food security, including higher food prices and worsening hunger in vulnerable countries.

While it is difficult to estimate the real-time losses of grain and oilseed exporters, they are currently estimated at hundreds of millions of dollars per month. Without substantial strengthening of air and maritime defense systems, both Ukrainian and international businesses will face critical operational challenges, including the inability to charter vessels and obtain insurance coverage for vessels, crews, and cargo.

The Chamber calls on international partners to urgently strengthen Ukraine’s air and maritime defense in order to save civilian lives, ensure the security of critical infrastructure, ports, and the continuity of global trade and food supply chains.

https://interfax.com.ua/news/press-release/1129438.html

 

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Austrian manufacturer Palfinger has opened facility in Serbia

According to Serbian Economist, Austrian Palfinger has commissioned production facilities in Niš (southern Serbia), the site produces steel components and subassemblies for a wide range of crane equipment.

According to Tanjug News Agency, the plant employs 179 workers and the employment plan is to grow to 375 in a year’s time.

Palfinger previously announced that it is investing EUR 35.5 million in a component plant in Niš and is gradually expanding production of steel parts and sub-components for different product lines, from cranes to access platforms.

The Serbian Development Agency (RAS) pointed out that the production of the Niš site is export-oriented, including to France, Germany, Austria and Slovenia; the possibility of establishing an R&D center with the involvement of young specialists from the University of Niš was also discussed.

Stabilizers for trucks and other vehicles were named as one of the first areas of specialization of the plant, with further expansion of the product range with new projects. Separately, Palfinger said that the complex is designed to be energy efficient – it plans to install photovoltaic panels on the roof area of about 15,000 square meters, which should provide about 2 MW of peak power upon completion.

Palfinger is an Austrian engineering group operating in the cranes and lifting solutions segment. The company describes the project in Niš as part of the expansion of its European production network, and RAS characterizes Palfinger as a global leader; the group’s key product is articulated truck-mounted cranes (truck-mounted cranes), with approximately 150 models.

https://t.me/relocationrs/1959

Serbia, Palfinger