PJSC “Ukrainian Insurance Group” (Kyiv) collected 1.807 billion UAH in net premiums in January–June 2026, which is 28.1% more than in the same period of 2025, according to the insurer’s interim data published in the disclosure system of the National Securities and Stock Market Commission (NSSMC).
At the same time, gross premiums for the reporting period increased by 0.6% to 1.932 billion UAH. A total of 244.7 million UAH was ceded to reinsurers, which is 26.3% more than in the first half of 2025.
During the reporting period, the company made claims payments totaling 894.1 million UAH, which is 37.6% more than in the first six months of 2025.
Gross profit amounted to 787.2 million UAH (+16%).
Operating profit was 148.4 million UAH, whereas for the same period a year earlier, operating profit was 19.6 million UAH, profit before tax was 265.1 million UAH (2.5 times higher), and net profit was 217.3 million UAH (+2.5 times).
The controlling shareholder of “IC “USG” is the Vienna Insurance Group, an international insurance group headquartered in Austria, represented by 50 companies in 30 countries and a leader in the insurance market of Central and Eastern Europe.
Following a sharp rise in prices caused by the influx of migrants in 2022–2023, Georgia’s residential real estate market is shifting toward more moderate growth, supported by domestic demand, urbanization, rising incomes, and investment in rental housing. In the second quarter of 2026, the price index for new residential real estate in Tbilisi rose by 4.9% compared to the same period last year and by 0.9% compared to the previous quarter. Compared to the 2020 average, housing prices have risen by 63.8%, the Georgian National Statistics Office reported on July 23.
Apartments in new buildings in Tbilisi have risen in price by 4.8% over the past year, while single-family homes have risen by 5.5%. The highest asking prices remain in the Mtatsminda district, where the median price of new apartments reached 6,730 lari per square meter. This is followed by Vake at 5,914 lari and Krtsanisi at 4,630 lari per square meter.
According to estimates by the investment banking firm Galt & Taggart, the period of 20–40% annual price increases for new construction has come to an end. In the coming years, prices in the primary market may grow by an average of 5–7% annually, reflecting a transition from migration-driven frenzy to more sustainable market development.
In the first quarter of 2026, 10,907 thousand apartment transactions were registered in Tbilisi—16% more than a year earlier. The total value of housing sold increased by 23.1% to $958 million.
Georgian citizens remain the primary buyers of housing in the Georgian capital. According to a Galt & Taggart study for the first quarter of 2026, they accounted for about 70% of sales in developers’ projects.
Among foreign buyers, Israeli citizens were the most active, accounting for 12% of all sales. Russian citizens accounted for about 3%, while buyers from other countries accounted for a combined 14%. The statistics for Tbilisi do not provide a separate figure for Ukrainian citizens.
The Batumi market remains significantly more dependent on foreign investors. In the first quarter of 2026, 4,049 thousand apartments were sold in the city—15.8% more than during the same period last year. The Galt & Taggart study covered more than 30 projects by major developers, accounting for about 40% of Batumi’s primary market. According to the results, Georgian citizens accounted for 37% of sales, while foreigners accounted for about 63%.
The largest foreign group consisted of buyers from European countries, who accounted for about 18% of transactions. Israeli citizens accounted for 16% of sales, while the combined share of buyers from Ukraine, Russia, and Belarus totaled 13%.
Turkish citizens purchased another 10% of the apartments, buyers from Arab countries accounted for 3%, and buyers from other countries accounted for about 4%. The data published by the Georgian authorities does not break down the shares of Ukraine, Russia, and Belarus, so it is impossible to determine which of these three countries’ citizens were the most active buyers.
The demand structure reveals a significant difference between the country’s two largest markets. In Tbilisi, sales are driven primarily by Georgian buyers purchasing homes for residential use or long-term rental. In Batumi, foreign investors play the leading role, focusing on resort real estate and renting apartments to tourists.
However, official Geostat statistics cover only prices for new housing in Tbilisi and do not provide a complete breakdown of buyers’ nationalities across Georgia. Data on citizenship is based on surveys of major developers such as Galt & Taggart; therefore, it primarily reflects the organized primary market rather than all real estate transactions in the country.
The agricultural holding KSG Agro has completed the harvest of winter barley, winter wheat, and spring barley on a total area of 4,975 thousand hectares, the company’s press service reported.
According to the report, winter barley was harvested on 562 hectares, winter wheat on 3,700 hectares, and spring barley on 699 hectares.
“Excessive moisture negatively affected the quality of part of the wheat crop; however, thanks to the coordinated efforts of our production teams, we were able to organize the process in such a way as to make the most efficient use of every weather window for harvesting the grain,” the press service quoted Vitaliy Nekhay, head of the crop production division, as saying.
The company reported that 12 Claas Lexion 480 and 560 combine harvesters were used during the harvest, along with up to 30 trucks to transport the crop.
As previously reported, the agricultural holding KSG Agro intends to invest over 25 million UAH in creating an autonomous water supply system for one of its pig farms and plans to fully supply it with water from its own sources by the end of 2026.
KSG Agro is a vertically integrated holding company engaged in pig farming, as well as the production, storage, processing, and sale of grains and oilseeds. The company’s land bank in the Dnipropetrovsk and Kherson regions totals approximately 21,000 hectares. The agricultural holding is among the top five largest pork producers in Ukraine.
Serhiy Kasyanov remains the ultimate beneficiary of the holding company; through Olbis Investment LTD SA, he owns 47.83% of the shares, while 47.57% of the shares are freely traded on the Warsaw Stock Exchange.
Due to reduced availability of liquefied natural gas (LNG) on the European market, Belgium switched entirely to importing this fuel from Russia in July, a move driven by supply disruptions and high gas prices, according to Bloomberg.
Total LNG shipments to Belgium in July fell by more than 40% compared to the same period last year. At the same time, the country purchased about 0.4 million metric tons of this fuel from Russia, although the volume of Russian imports was lower than in early 2026.
One reason for the increased role of Russian LNG was disruptions in fuel supplies from the Middle East due to shipping problems in the Strait of Hormuz. At the same time, most European buyers were postponing LNG purchases for winter stockpiles due to high gas prices.
“Europe received 16% more Russian LNG in the first half of 2026 compared to the same period the previous year, paying a total of 5.96 billion euros ($6.9 billion). The largest buyers were France, Belgium, and Spain,” the publication reports, citing data from the German nongovernmental organization Urgewald.
Low gas storage levels ahead of the winter season posed an additional challenge for Europe—they are the lowest for this period since records began in 2009.
According to Bloomberg, the last time Russia was the sole supplier of LNG to Belgium was in early 2021—before Russia’s full-scale invasion of Ukraine and after European economies had begun to recover from the COVID-19 pandemic.
Poltava Medical Glass Plant JSC (PMGP, Poltava) saw its net profit decline by 19% in 2025 compared to 2024—to 105.564 million UAH—and by 30.5% in the January–June 2026 period compared to the same period in 2025, to 45.204 million UAH. As the company reported in the NSSMC’s disclosure system, its net sales revenue in 2025 decreased by 3.52% compared to 2024—to 364.281 million UAH, while in the first half of 2026, revenue grew by 31.76% compared to the same period in 2025, reaching 231.01 million UAH.
According to the company, the main export markets outside Ukraine in 2025 were Kazakhstan, to which products worth 51.503 million UAH were shipped; Georgia (3.732 million UAH); Turkey (3.233 million UAH); and Moldova (1.258 million UAH). In total, products worth 61.369 million UAH were exported during this period, which is 2.29% more than the previous year.
In the first three months of this year, the plant manufactured 89,488 million ampoules and shipped 150.923 million units worth 107.4 million UAH. Specifically, in January–March, ampoules were exported to Kazakhstan, Georgia, Turkey, Moldova, and Uzbekistan. The volume of exports increased by 32%. The company generated 5.402 million UAH from the sale of oxygen and nitrogen.
The cost of goods sold amounted to 70.333 million UAH; the company’s revenue from core and operating activities for the first quarter of 2026 totaled 120.232 million UAH, with net income of 21.154 million UAH.
As previously reported, in July 2025, Oleksandr Nekrasov, who owned nearly 53.7% of PZMS’s shares, gifted this stake to his relative, Leonid Oleksandrovych Nekrasov, who had previously held more than 6% of the company’s shares; following the gift, his stake exceeded 59.7% of the company’s authorized capital.
Alexander, Leonid, and Konstantin Alexandrovich Nekrasov, in particular, are co-owners of the pharmaceutical manufacturer “Lubnyfarm.”
According to information on its website, the Poltava Medical Glass Plant is Ukraine’s leading manufacturer of ampoules for pharmaceuticals.
Ukraine is beginning to implement mandatory IMEI declaration for mobile phones upon import; the relevant order has already been signed by the Ministry of Finance, according to Artem Shevchenko, CEO of “Citrus.”
“In my view, this is the most important decision for the Ukrainian mobile phone market in recent years. The order has already been signed by the Ministry of Finance of Ukraine and registered by the Ministry of Justice of Ukraine. This means that the decision has already been made and the practical implementation phase is beginning,” he said on LinkedIn.
Shevchenko added that, according to estimates by the Bureau of Economic Security (BES), this change in regulations could generate over 5 billion UAH in additional revenue for the state budget annually and significantly reduce opportunities for “gray market” smartphone imports. The “Citrus” team actively participated in consultations with the EBS regarding this initiative, discussing the technical aspects of implementation and mechanisms that will help make the new system as effective as possible.
Until now, the IMEI was not specified during customs clearance, which meant the state was unable to track the path of a specific mobile phone from the moment of its import to its sale to the end consumer.
“Now the foundation for such a system has been laid. The first stage is mandatory IMEI declaration upon import. The next step should be to include the IMEI on the fiscal receipt. The BEB is already working on this mechanism in collaboration with the Ministry of Finance of Ukraine and the State Tax Service of Ukraine. In effect, this means that every mobile phone will have a traceable path from the moment it crosses the border until it is sold. “Once this mechanism is fully implemented, the legal sale of mobile phones without a match between the IMEI declared at the time of import and the IMEI indicated on the fiscal receipt will become virtually impossible,” Shevchenko said.
