On December 24, Kyivvodokanal announced a tender for insurance services with a total expected purchase price of UAH 4.246 million, according to the e-procurement system ProZorro.
It is noted that the expected cost of voluntary insurance of motor vehicles (hull insurance) – LOT 1 – UAH 1.718 million, services for compulsory liability insurance of subjects of transportation of dangerous goods in case of negative consequences in the transportation of dangerous goods (LOT-2) – 63.94 UAH, services of voluntary insurance against accidents in transport (LOT-3) – 22.2 th. UAH, services on compulsory insurance of civil liability of owners of land vehicles (LOT-4) – UAH 2,413 mln, services on insurance of liability to third parties while carrying out activities of the appointed body or recognized independent organization (LOT-5) – UAH 4,833 th. UAH, services on compulsory insurance of civil liability of business entities for damage that may be caused by fires and accidents at high-risk facilities, including fire-explosive facilities and facilities, economic activity at which may lead to accidents of environmental and sanitary-epidemiological nature (LOT-6) – UAH 88 th.
The deadline for submission of tender offers is January 2.
“Corum Druzhkovka Machine-Building Plant (Corum DrMZ), a part of Corum Group (DTEK Energy), is completing the production of three oscillating platforms for DTEK Pavlohradvuhillya mine, Corum reported on Facebook.
According to the report, the oscillating platform is a special equipment that ensures smooth movement of trolleys between the rails of the mine’s receiving platform and the cage moving in the vertical shaft. The entrance platform allows trolleys to enter and exit the mine without any obstacles.
According to the company, this is the first time such equipment has been manufactured for Dniprovska mine. Its service life is more than 20 years.
“The oscillating platforms are ready to be delivered to customers,” the statement said.
“Corum DrMZ, which will be relocated to Dnipro in 2022, according to the report, produced 430 units of mining equipment in January-November this year, as well as more than 850 thousand units of components and spare parts.
Corum Group is a leading mining equipment manufacturer in Ukraine. It is a part of DTEK Energy, an operating company responsible for coal mining and coal-fired power generation within Rinat Akhmetov’s DTEK energy holding.
The insurance industry is poised for relative stabilization in 2025 after years of disruption, Stonybrook Capital noted in its 2025 P&C forecast, according to the Reinsurance News website.
While some commercial lines may see moderate price declines as capacity and competition normalize, persistent factors such as persistent price increases and social inflation will mitigate these declines, analysts said.
Insurers are advised to balance competitive pricing with underwriting discipline to protect profitability. As for reinsurance, costs are expected to stabilize, providing predictability after periods of volatility, analysts said.
According to the report, analysts at Stonybrook Capital also expect consolidation to accelerate, with mergers and acquisitions creating larger and more diversified players. Private insurance and Insurtech companies are swiftly ready to go public thanks to the growing number of IPOs and strong investor interest.
This surge in IPOs is expected to be driven by private equity investment and industry consolidation due to favorable market conditions.
Due to the Russian cyberattack, all registration activities in Ukraine are unavailable, about 25 state registries have been suspended, and the consequences of the attack on the registries will become fully clear after the registry resumes its work, said Alexander Keyer, managing partner of RI Group law firm.
“As a result of the massive cyberattack, about 25 state registries have been suspended to some extent, which has practically paralyzed a significant part of the processes in various areas of business and citizens’ lives. Almost all activities requiring data from state registries have been put on hold, in particular, all registration activities are unavailable,” he explained to Interfax-Ukraine.
Mr. Keyer noted that the situation is primarily a problem “for real estate-related activities, as it is impossible to conduct transactions with real estate – no sale and purchase agreements, lease, gift, mortgage agreements, no pledges, seizure of property, prohibition on alienation of property, etc.”
“Businesses and citizens are forced to simply postpone these actions until the state registries are restored to proper operation,” he said.
Mr. Keyer clarified that all legal and notarial actions requiring access to state registries are not carried out until the registries are restored.
“Notaries have stopped performing most notarial acts related to the need to use the real estate/movable property registers, but continue to provide services that do not require verification of data from the registers, such as registration of wills and amendments thereto, certification of signatures, certification of copies of documents, etc.” he said.
At the same time, Keyer noted that businesses are currently unable to carry out registration activities in the Unified State Register of Legal Entities and Individual Entrepreneurs, in particular, it is impossible to register a change of manager, members of legal entities, or change of authorized capital.
In addition, due to the cyberattack, the provision of registration services related to the change of ownership of vehicles, except for the initial registration of vehicles (new and imported from abroad), was suspended by the service centers of the Ministry of Internal Affairs.
“Both businesses and citizens have no choice but to postpone actions that are now impossible until the registries are up and running. There is currently no clear and verified information on the leakage and destruction of critical data from the registers. Therefore, the consequences of the attack on the registries will become fully clear after the registry is restored and will largely depend on how critical the damage to the registries is,” he said.
Keyer believes that, for example, after access to the State Register of Real Property Rights is restored, “it is quite likely that data will disappear from the register or that information on the owners of real estate, the seizure or pledge of these objects, etc. will change.”
“This situation creates certain opportunities for various types of fraudulent activities with real estate. In this regard, after restoring access to the registers, we strongly recommend that you thoroughly check the information in the registers and, in case of detection of disappearance, change or other actions with the information, immediately take appropriate measures to protect your violated rights and interests,” the lawyer emphasized.
As reported, on December 19, the Ministry of Justice announced a large-scale failure at the level of the network infrastructure serving state registries due to a cyberattack by the Russian Federation on state registries under the competence of the Ministry of Justice. According to Deputy Prime Minister Olha Stefanishyna, the time for priority restoration will be approximately two weeks. First of all, the State Register of Civil Status Acts, the Unified State Register of Legal Entities and Individual Entrepreneurs, and the State Register of Real Property Rights and Encumbrances will be restored.
On December 20, Stefanyshyna said that all data in the registers would be restored, but it would take some time, and that no personal data leakage had been confirmed.
Sales of Apple Inc. smartphones will be high during the Christmas period and will reach a record high in fiscal year 2025, Wedbush analyst Dan Ives predicts.
Ives believes that hundreds of millions of people around the world will upgrade their iPhones to the latest model with built-in AI functions in the coming months. According to his estimates, almost 300 million iPhone owners have not updated their smartphones in the last four years or more.
According to the analyst’s forecast, sales of new iPhones in the current fiscal year, which will end in September, will reach a record 240 million units. The consensus forecast of experts surveyed by FactSet suggests that this figure will be 207.6 million iPhones, Market Watch writes.
“We believe that the success of iPhone 16 sales this holiday season will be the beginning of a revival in Apple’s growth over the next 12-18 months, given the current quarter,” Ives said in a note to clients.
The AI features of the new iPhones are not yet available in China and many other countries, but they may be launched in April, Ives said. At the same time, the company can name its new technology partner in China.
The expert estimates that almost 100 million iPhones in China may be updated this year.
Ives is confident that Apple will become the first company to exceed $4 trillion in capitalization, and he expects this to happen in early 2025. Currently, Apple’s market value is $3.86 trillion, up 32.6% since the beginning of this year. The company’s shares rose 0.1% in pre-market trading on Tuesday to $255.6.
Ives reiterated an “outperform” recommendation for Apple shares and a $300 price target.
