InVenture reports on the sale of Raikivskyi granite quarry1 and crushed stone plant. The portal writes that the business operates stably and permanently, is equipped with high-quality machinery and equipment, and the well-coordinated work of the team ensures quality and uninterrupted operation. The company used the facility for its own construction needs.
Location: Zhytomyr region, Berdychiv district, the village of Rayky.
Raiky crushed stone plant is located 40 minutes from the regional center, Zhytomyr. It has a convenient infrastructure, making it easy to transport materials. A railway station is located nearby, which significantly expands the routes and volumes of raw materials supply. There are also access roads – an asphalt and a gravel road.
Raikivskyi Granite Quarry LLC extracts granite at the Raikivske deposit (site No. 2) on the basis of a special subsoil use permit No. 5856 (valid until 2033, not suspended).
The neighboring site “Quarry No. 1” Raikivske field was previously developed by the State Enterprise of the State Criminal Executive Service of Ukraine (SECSU) No. 73 (special permit No. 4074 has been terminated).
The total area of the facility is 4.5280 hectares, and the approved reserve of raw materials for extraction is more than 10 million tons, with approximately 10 million tons of unconfirmed reserves.
The company has a license for official mining and processing of rock mass.
Its main products are crushed stone, rubble stone, and crushed stone and sand mixture.
The quarry has its own fleet of vehicles used for the extraction and transportation of raw materials. There are such special vehicles as MAN, MAZ, KAMAZ, DAF, SCHMITZ.
There are special rooms for changing personnel, a room for electrical equipment and a control panel, and a security room.
The entire territory of the facility is guarded and video surveillance is carried out throughout the quarry.
The plant has all the equipment necessary for the extraction of raw materials, crushing them into fractions, transportation and weighing, such as
Staff: 30 employees
Fractions: 0.05-20 mm, 0.05-40 mm (C-7), 0.05-70 mm (C-5).
The insurance company VUSO (IC “VUSO” Kiev) has carried out the first insurance cases under the new law on compulsory insurance of motor liability of owners of land vehicles, which came into force on January 1, 2025.
One of the first settled cases occurred already on January 13, 2025. As a result of a traffic accident caused by the fault of another driver, the VUSO client’s car received mechanical damage. At the time of the accident, the victim had a “new” VUSO car insurance policy. Within the framework of the updated legislation, the repair compensation was paid directly to the account of the service station chosen by the client. The term of settlement amounted to 7 days.
IC VUSO was founded in 2001. The company holds 50 licenses: 34 – for voluntary and 16 – for compulsory types of insurance, is represented in all regions of Ukraine. It is a member of the Motor (Transport) Insurance Bureau of Ukraine (MTSBU), the League of Insurance Organizations of Ukraine and a member of the Nuclear Insurance Pool.
Consular services for Ukrainians abroad and a number of other new services will appear in “Diya”, said Deputy Prime Minister for Innovation, Development of Education, Science and Technology – Minister of Digital Transformation of Ukraine Mikhail Fedorov.
“The application and portal “Diya” turns five years old. During this time, more than 40 services and 130 services have appeared there. Here are the plans of “Dia” for the future….. “eConsul”. In “Diya” Ukrainians abroad will be able to order a passport or ID-card, driver’s license, taxpayer card and pick up at the place of stay,” – wrote Fedorov in his Telegram channel on Wednesday.
In addition, he said, the digitalization of death-related services will take place with the help of Diya. At the first stage in the application it will be possible to obtain a death certificate, state registration of death, as well as transfer data to registries, to issue assistance for burial.
Fedorov announced a service to change the surname in “Diya” with a comprehensive reissuance of documents. There will be introduced “eNotary” – an electronic system that will integrate all notarial processes.
New services for drivers will be created. “Dia” will expand the possibilities of re-registration of vehicles (TS), will add the possibility to change the technical passport, to register TS after customs clearance, the note says.
Deputy Prime Minister announced the appearance in “Diya” AI-assistant, to which Ukrainians will turn if there are problems in interaction with the state. For partners who want to integrate services of “Dia”, AI-chatbot “Natalka” is already working, reminded Fedorov.
Communal enterprise “Kyivpastrans” on February 3 announced a tender for compulsory insurance of civil liability of owners of land vehicles (MTPL) category D1, D2, C2, E 870 units.
As reported in the system of electronic public procurement Prozorro, the expected cost of the purchase of insurance services is 16.672 million UAH. Applications for participation in the tender are accepted until February 12.
The share of households’ exchange transactions with the US dollar ($) decreased to 74.1% last year from 78.7% in 2023, while for the euro (EUR), Polish zloty (PLN) and British pound (£) – increased, according to an analysis by analysts at currency exchange market operator KYT Group, based on data from 100 branches in 30 of Ukraine’s largest population centers.
“Despite everything the US dollar remains the dominant currency of operations, but its share has decreased, which may indicate the strengthening of the role of the euro and other currencies in the foreign exchange market,” – commented the received data analysts of ‘KYT Group’ in the currency review.
But the share of transactions with the euro has grown from 20.8% in 2023 to 25.15% in 2024. According to analysts, such dynamics may be a consequence of the large emigration of economically active Ukrainians to the eurozone countries, more lively foreign trade with the EU countries, changes in payment preferences of business, or diversification of savings of the population.
According to the above data, the number of transactions with the Polish zloty increased more than one and a half times last year: up to 0.56% from 0.36% in 2023, which KYT experts attribute to the activity of labor migrants, deepening business ties between the countries and, accordingly, the growth of financial flows between Ukraine and Poland.
The share of exchange transactions with the British pound in 2024 has almost doubled: up to 0.15% from 0.08% in 2023. Analysts believe that such a “jump” of the indicator, despite maintaining a low overall share in the section of cash transactions, may indicate the expansion of economic ties between Ukraine and the UK, an increase in cross-border transactions and strong confidence in British financial instruments.
“The decreasing share of the dollar in foreign exchange transactions does not mean its loss of its status as a key reserve currency in Ukraine. High liquidity of the dollar, stability and its global status continue to make it the main instrument for capital preservation”, – note analysts of ‘KYT’, they assume that the current changes may be a consequence of attempts of business and population to diversify currency assets.
“It is especially relevant against the background of changes in the monetary policy of the United States and the European Central Bank. If the ECB continues its easing policy, the hryvnia’s exchange rate against the euro may be more stable than against the dollar,” they point out.
In this context, the experts also reminded about the announced by the National Bank of Ukraine (NBU) possible change of the peg of the official exchange rate of the hryvnia to the euro, instead of the dollar, as part of the aspiration to join the eurozone in the future.
“The financial behavior and currency preferences of Ukrainians are changing in line with external economic conditions. If the trend continues, the euro may continue to build its share of the cash market, while the zloty will remain an important currency for private and business transactions,” the analysts summarized.
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Risks in the European insurance sector are stable, generally average, with pockets of vulnerability arising from market volatility and real estate price movements. The European Insurance and Occupational Pensions Authority (EIOPA) notes such data on its website in its Insurance Risk Dashboard for January 2025, published on January 31.
According to the report, macroeconomic risks remain stable, at a medium level, GDP growth and inflation forecasts are also stable. Geopolitical tensions are changing the global dynamics, heightening concerns about reduced international cooperation and escalating risks and uncertainty in the years ahead.
Market risks remain at their highest levels. While bond volatility has stabilized, it remains above historical standards. Liquidity and funding risks are at medium levels but are trending upwards due to the gradual increase in risks across various metrics over the past year and the deterioration in funding conditions in the fourth quarter of 2024.
At the same time, solvency and profitability risks remain at an average level. Solvency ratios for insurance groups and solo companies in the insurance segment other than life insurance showed a slight improvement in the third quarter of 2024, remaining largely unchanged for life insurance companies.
Credit risk, insurance risks, market perception, even interconnection and imbalance risks are rated at average levels.
This Solvency II-based insurance risk dashboard summarizes the main risks and vulnerabilities in the European insurance sector through a set of risk indicators for the third quarter of 2024 and the end of 2023. The data is based on financial stability and prudential reporting collected from 93 insurance groups and 2,153 individual insurance companies. The Solvency II information is supplemented by market data with a deadline date of end-December 2024.
