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.
Riots broke out in the Serbian National Assembly today as members of the opposition and ruling coalition engaged in a physical confrontation accompanied by the use of pyrotechnics, including fireworks and smoke bombs.
The incident took place amid tense debate over amendments to the education law, which had previously sparked mass protests across the country. Opposition MPs opposed the approval of the agenda, demanding a review of the proposed changes. In their opinion, the discussion process violates democratic procedures and infringes on the rights of citizens.
In response to the protest, some MPs used pyrotechnics, which led to clashes in the meeting room. As a result, the session was temporarily suspended.
The aggravation of the situation in the parliament reflects the general increase in political tension in Serbia. It is expected that protests, which have already taken place in major cities, may intensify in the coming days.
Source: https://t.me/relocationrs/532
Kharkiv has signed a memorandum with the European developer Ten Brinke Group B.V., Mayor Igor Terekhov said on his Telegram channel.
“Every day we are working on the restoration of our city – we do not postpone what can be done now. And this strategy is clear to our partners. One of the important steps on this path is the signing of a memorandum of cooperation with Ten Brinke Group B.V., one of the most efficient European developers with over 120 years of experience,” Terekhov said.
According to him, this Dutch company is already helping Kharkiv for free.
“It has a unique experience in creating high-quality social housing that Kharkiv residents need and which perfectly matches our vision of the future. Albert ten Brinke, CEO and Chairman of the Board, also confirmed that we are on the right track. We are not just dreaming of rebuilding, but creating conditions for Kharkiv to have everything it needs for quick and high-quality reconstruction after the war,” Terekhov emphasized.
Centravis Production Ukraine (Nikopol, Dnipropetrovs’k region), a member of Centravis Ltd. holding, has supplied boiler pipes to the Brazilian market for Caldema, a company specializing in the production of industrial equipment.
According to the company’s press release on Tuesday, the total volume of deliveries amounted to 193 tons.
It is specified that the Ukrainian pipes are intended for the production of a steam boiler that will run on cotton seeds. This project is part of the environmental trend of using biomass as an alternative energy source. The boiler is being developed for a Brazilian company that seeks to reduce its dependence on fossil fuels.
It is noted that this is an important step towards sustainable development, as the technology of cottonseed processing allows for the production of clean energy, reducing CO₂ emissions.
“This is a large order for one of the largest companies in the industry and a prominent player in the local market. We hope it will help expand our company’s presence in the South American market, which has been growing rapidly in recent years,” said Artem Atanasov, Sales Director of Centravis.
Brazil is one of the top 10 countries in the world in terms of gross domestic product.
Centravis, in turn, is among the world’s top ten producers of hot-rolled seamless stainless steel pipes. In 2024, the company increased production by 12% to 13.7 thousand tons. More than 99% of this volume was exported to 40 countries. The largest consumers of Ukrainian seamless pipes are Germany, the US, Italy, Austria and Spain.
“Last year we had very good growth dynamics in the North and South American markets. We know this region and will work to increase sales in this part of the world,” stated Atanasov.
“Founded in 2000, Centravis is one of the ten largest producers of seamless stainless steel pipes in the world. Its main production facilities are located in Nikopol (Dnipropetrovska oblast). In 2023, the company opened a branch in Uzhhorod.
Centravis Holding Ltd. was established on the basis of Nikopol Stainless Steel Pipe Plant CJSC, service and trading companies of Production and Commercial Enterprise YUVIS LLC. Its shareholders are members of the Atanasov family. Centravis Ltd. owns 100% of the shares of Centravis Production Ukraine.
Metinvest B.V. (the Netherlands), the parent company of a vertically integrated group of steel and mining companies, has paid a regular coupon on its 2027 Eurobonds and continues to meet its debt obligations, including to Eurobond holders, despite the war in Ukraine.
“We can confirm that the coupon was paid on time,” Andriy Burlakov, Metinvest Group’s press secretary, told Interfax-Ukraine in response to a query.
Coupon payments on the 2027 Eurobonds are due on March 1.
“On March 1 and September 1 of each year, starting from March 1, 2021,” the information on the payment of coupons on the 2027 bond states.
“Metinvest is a vertically integrated group of steel and mining companies. Its businesses are located in Ukraine, in Donetsk, Luhansk, Zaporizhzhia and Dnipro regions, as well as in the European Union, the United Kingdom and the United States.
The main shareholders of the holding are SCM Group (71.24%) and Smart Holding (23.76%), which jointly manage it.
Metinvest Holding LLC is the management company of Metinvest Group.
The board of directors of Astarta, Ukraine’s largest sugar producer, has approved a decision to start construction of an oilseeds processing plant, including soybeans and rapeseed, in Khmelnytsky region, in which it will invest $76 million, the company’s press service reports on Facebook.
According to the report, the planned capacity will be 400 thousand tons per year. It is scheduled to be commissioned in 2026.
“Astarta continues to strengthen its position in the processing sector by investing in new production facilities. The growing demand for soybean products in the EU opens up new opportunities, and we are ready to realize them using our experience and expertise.
The new oilseed processing plant will allow us to expand the range of ingredients for the feed base,” said Vyacheslav Chuk, Astarta’s Chief Commercial and Strategic Marketing Officer.
The agroholding noted that the project envisages the efficient use of the existing infrastructure of the agro-industrial holding and will contribute to the development of the agro-industrial ecosystem in the Western region.
“The Astarta team is already actively working on its implementation. Just today we have finalized the agreement with the manufacturer of the extraction equipment and technology. We are waiting for the decision of the Narkevytska territorial community to allocate land for the project. According to our experts, this project meets the requirements of the law “On State Support for Investment Projects with Significant Investments in Ukraine”, so we intend to apply for participation in the program to speed up its implementation,” Chuk added.
“Astarta is a vertically integrated agro-industrial holding company operating in eight regions of Ukraine. It includes six sugar factories, agricultural enterprises with a land bank of 220 thousand hectares and dairy farms with 22 thousand cattle, an oil extraction plant in Globyno (Poltava region), seven elevators and a biogas complex.
In 2023, the agricultural holding reduced its net profit by 5.0% to EUR61.9 million, and its EBITDA decreased by 6.1% to EUR145.77 million, while revenue increased by 21.3% to EUR618.93 million.
“In January-September 2024, Astarta increased its net profit by 35.1% to EUR75.60 million, EBITDA by 12.8% to $131.56 million, with revenue up 12.6% to EUR441.46 million.
