Ukrainian President Volodymyr Zelenskyy has signed decrees appointing Yuliya Fediv as Ukraine’s ambassador to the Republic of Filipina, Vyacheslav Yatsyuk as Ukraine’s ambassador to the Republic of Rwanda, and Vasyl Gamyanin as Ukraine’s ambassador to the Democratic Republic of Congo.
The corresponding decrees No. 874/2024, 873/2024 and 878/2024 of December 21 were published on the website of the head of the Ukrainian state on Saturday.
Before that, Zelensky dismissed Gamyanin from the post of Ukraine’s ambassador to Indonesia and from the post of Ukraine’s representative to the Association of Southeast Asian Nations, which he held part-time. The head of state also dismissed Ukraine’s ambassador to Rwanda Andriy Pravednik from his post.
Yatsyuk was Ukraine’s ambassador to Norway in 2016-22, was previously director of the Foreign Ministry’s political department, and headed a working group in the OSCE. Fediv was previously head of the Ukrainian Cultural Foundation (UCF), and her candidacy for Ukraine’s minister of culture was under consideration.
The FinTech company KYT Group, whose flagship activity is currency exchange, announced the launch of the investment division KYT Invest, the company’s press release said on Thursday.
“The creation of KYT Invest was a logical continuation of the group’s activities in providing clients with consultations on the development of customized individual investment strategies. The development of the investment direction reflects the large-scale transformation and scaling of the group’s business, including the expansion of the range of financial services, the launch of new digital products and services,” it said.
As noted by the company, the key mission of KYT Invest is to make investing transparent, profitable and accessible.
“The investment direction of KYT Invest will expand the range of financial services for the group’s clients and create unique opportunities to invest in reliable instruments for preserving savings, managing private capital and receiving investment income with a trusted partner,” the publication notes.
The company indicates that the investment division will offer clients modern, profitable solutions for managing capital and increasing savings, in combination with FinTech solutions. It is specified that the KYT Invest product portfolio, in addition to classic instruments, will include innovative solutions, including smart contracts based on blockchain technologies and tokenized investment assets.
“A wide national network of more than 90 representative offices of KYT Group in 29 major cities of Ukraine will allow a wide range of investors of various profiles to gain access to modern instruments for managing capital and increasing it,” the release emphasizes.
It is noted that the investment services and products of KYT Invest will be further integrated into the mobile application KYTApp, the release of which is planned for the near future. The company informs that the first official presentation of KYT Invest took place in London in early December.
https://en.interfax.com.ua/news/economic/1035216.html
Insurance company “Euroins Ukraine” (Kiev) for three quarters of 2024 collected UAH 474,1 mln of insurance premiums, which is 16,2% higher than in January-September 2023, according to the insurer’s information. According to the message, the largest share in premiums traditionally occupied by MTPL – 65% (UAH 306,6 mln), health insurance (VMI) – 18% (UAH 85,4 mln), CASCO – 10% (UAH 45,5 mln).
The volume of indemnities paid to the clients of “Euroins Ukraine” for nine months of 2024 increased by 27.7%, up to UAH 240.4 mln. On average the company paid about UAH 1,1 mln per day.
IC “Euroins Ukraine” is a universal insurance company operating in the Ukrainian market since 1992. It is a part of Bulgarian insurance group Euroins, which is one of the largest independent insurance groups operating in the countries of Central, Eastern and South-Eastern Europe. EIG is a subsidiary of Eurohold Bulgaria, a leading energy and financial group of Central, Eastern and South-Eastern Europe.
Global mergers and acquisitions (M&A) will exceed $3 trillion this year, with experts expecting an increase in large deals in 2025 under Donald Trump’s presidency, writes the Financial Times. According to the London Stock Exchange (LSE), the M&A market in 2024 increased by 11%. A year earlier, its volume fell below the $3 trillion mark for the first time in more than a decade.
The value of so-called mega deals (worth more than $5 billion) has increased by 19% since the beginning of this year. That’s what drove total M&A volume up, while the number of deals fell 20% to a nine-year low.
High-profile deals this year included U.S. Mars’ $35.9 billion purchase of Kellanova, which makes Pringles chips, among other things, and financial firm Capital One Financial’s $35.3 billion acquisition of rival Discover Financial Services. A number of experts hope Trump’s return to the White House will mean less regulatory scrutiny of big mergers after the skeptical stance taken by regulators during Joe Biden’s presidency.
“The regulatory environment is expected to be less burdensome,” believes Anu Iyengar, global head of advisory and M&A at JPMorgan Chase.
“There are many signs pointing to 2025 being a successful year,” said Centerview Partners co-president of investment banking Tony Kim.
Although M&A activity slowed in the past three months compared to the third quarter, a flurry of deals followed the U.S. election in November.
“Rumors of a collapse in the M&A market have been exaggerated to some extent,” says Stefan Feldgois, co-head of global M&A at Goldman Sachs. – Since the election, activity has picked up markedly.
The U.S. accounted for 46% of global M&A activity this year. At the same time, the amount of deals grew by 8%.
M&A volume in Asia-Pacific was down 2%, although Japan jumped 45% to a 19-year high. Europe recorded a 20% rise. Investment banking fees rose 12% year-on-year to $111 billion, above the average for the past decade, the FT noted.
Goldman Sachs Group maintained its position as the global leader in M&A advisory. Morgan Stanley displaced JPMorgan Chase & Co. to take second place.
DIM Company announces the beginning of strategic partnership with TASkombank, within the framework of which special privileges are provided for the purchase of real estate in DIM residential complexes, the press service of the developer reported.
“We at Private banking know: home is more than walls, it is a place where dreams and living inspiration are born. We have joined forces with DIM, TAScombank has prepared unique opportunities for its Private banking clients: a 3% discount for the purchase of housing in the eco-complex business class Park Lake City”, – said Oleg Polyak, First Deputy Chairman of the Board of TAScombank.
Eco-complex business class Park Lake City became the first project from the portfolio of projects of the company DIM, where there are exclusive terms of purchase and payment for real estate. In the near future other projects of the company will be announced, where special conditions for potential investors of the company and unique offers for TASkombank Private banking clients will be introduced.
“The partnership between TAScombank and DIM is a confirmation of our reliability and stability in the realization of our projects. In the future, the partnership between banks and developers will become even more necessary and important, as developers will be able to provide stable financing for their projects, avoid delays in construction, increase the confidence of buyers, and special programs with favorable lending terms will make the purchase of housing more affordable for the general public,” said Arseniy Nasikovsky, junior partner of DIM.
DIM Group was founded in 2014 and specializes in the full cycle of development, including design, construction and property management. During this time, the company has commissioned 15 houses in eight LCDs, a total of 3,640 apartments, built more than 332.7 thousand square meters of residential and commercial space. In 2024 DIM commissioned 1191 apartments in three complexes – New Autograph, Lucky Land and Park Lake City. Six residential complexes of “comfort+” and “business class” category are under construction: Metropolis, Park Lake City, Lucky Land, A136 Highlight Tower, Olegiv Podil, The One.
