Business news from Ukraine

Business news from Ukraine

NBU fines SK Persha

The National Bank of Ukraine has fined SK Persha (Kyiv) UAH 2.557 million for violating consumer protection laws for financial services, as defined by the Civil Code of Ukraine and the laws “On Electronic Commerce,” “On Insurance,” and “On Financial Services and Financial Companies.” According to the NBU website, this decision was made by the Committee for Supervision and Regulation of Non-Bank Financial Services Markets on July 28, 2025, following a scheduled inspection of the company.

In addition, the insurer was fined UAH 320,000 for violating the requirements of the Rules for the preparation and submission of reports by participants in the non-bank financial services market to the NBU.

SK Persha received a written warning about the violation of the requirements of: the Law “On Compulsory Insurance of Civil Liability of Owners of Land Vehicles,” the NBU Resolution “On the Regulation of the Activities of Participants in the Non-Bank Financial Services Market, Non-Bank Financial Groups, Participants in the Payment Market, Collection Companies, and Legal Entities Licensed to Provide Cash Collection Services to Banks” (as amended), as well as the provisions on insurance secrecy and the specifics of concluding insurance contracts with consumers.

It is noted that IC Persha is obliged to pay the fines within one month from the date of entry into force of the decision and to eliminate the violations set out in the written warning by November 28, 2025.

Persha Insurance Company has been operating in the Ukrainian insurance market since 2001. The company specializes in motor insurance. The company is a member of the MTIBU, the League of Insurance Organizations of Ukraine, and the National Insurer of International Road Transport Documents (TIR).

 

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Foreign direct investment in China plummeted by 15% in first half of year

Foreign direct investment (FDI) in mainland China’s economy fell by 15.2% in the first half of the year compared to the same period last year, to 423.23 billion yuan ($59 billion), according to the Ministry of Commerce.

The manufacturing sector attracted 109.06 billion yuan, while the service sector attracted 305.87 billion yuan.

At the same time, FDI from ASEAN countries grew by 8.8% in January-June, from Switzerland by 68.6%, from Japan by 59.1%, from the UK by 37.6%, from South Korea by 2.7%, and from Germany by 6.3%.

As reported, FDI fell by 27.1% in 2024 to 826.25 billion yuan. This is the largest decline in the history of calculations (since 2008).

 

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ATB’s turnover for first half of year increased by 20% to UAH 139 bln

The turnover of the ATB retail chain during the first six months of 2025 grew to UAH 139.39 billion (including VAT and excise tax), which is 19.8% higher than in the same period of 2024, according to the company’s press service.

It is also noted that in the first half of 2025, the companies of the ATB group paid UAH 18.02 billion in taxes and fees (including customs payments and social security contributions), which is 35.9% higher than in the first half of 2024. Of this amount, UAH 12.16 billion was transferred to the state budget (last year – UAH 8.68 billion). Local budgets received UAH 3.81 billion, and UAH 2.05 billion was transferred to special-purpose funds.

The corporation’s flagship enterprise, ATB-Market2 LLC, paid taxes and fees totaling UAH 14.35 billion during the first half of the year. Of this amount, UAH 9.52 billion was transferred to the state budget, local budgets received UAH 3.21 billion, and special-purpose funds received UAH 1.62 billion.

ATB Corporation is an association of large Ukrainian companies operating in retail trade, asset management, food production and sales, and sports and leisure services.

According to YouControl, the ultimate beneficiaries of the corporation are Yevgeny Yermakov, Viktor Karachun, and Gennady Butkevich.

As of early 2024, the ATB chain had over 1,200 stores. Its enterprises employ over 56,000 people.

 

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IC “Veles” to increase authorized capital by UAH 24 mln

Shareholders of PJSC IC “Veles” (Odessa) on August 14 will consider the issue of increasing the authorized capital by 61.5%, or by UAH 24 million, according to the information system of the NCSSM on the general meeting.

According to the information, the increase in the amount of authorized capital is planned to be carried out by increasing the nominal value of shares at the expense of retained earnings (its part) for 2019-2022 in the amount of UAH 23.044 million and part of the formed reserve capital in the amount of UAH 956 thousand.

As reported, on July 17, 2025 the National Bank of Ukraine has applied to PJSC IC “Veles” measures of influence in the form of a written warning due to the fact that the size of the authorized capital of the insurer does not meet the requirements of the law “On Insurance” regarding its minimum size.

At the same time, IC “Veles” has also been subjected to a measure of influence in the form of a written warning due to the non-compliance of business reputation and owners of substantial participation of the insurer with the requirements of the legislation.

The NBU stressed that the insurer is obliged to eliminate the corresponding violation until December 15, 2025.

IC Veles has been operating in the market since 1998. It has 15 licenses for voluntary and compulsory types of insurance. It is a member of the association “Insurance Business”.

The authorized capital amounts to UAH 39 mln.

 

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ADONIS offers free consultations with cardiologist to defenders of Ukraine

Free consultations with a cardiologist — with respect for every defender

ADONIS launches a support campaign for combatants

On the initiative of Dr. Georgiy Viktorovich Myasnikov, MD, cardiologist, we are offering a free initial consultation for anyone with combatant status.

This is our sincere gratitude for your courage, as well as an opportunity to take care of your heart — the organ thats the greatest strain — in a timely manner.

Terms of the campaign

  • What is included: free initial consultation with distinguished Ukrainian doctor and senior cardiologist G. V. Myasnikov
  • Who is eligible: patients with combatant status (Combatant)
  • Validity period: from June 20 to August 31, 2025
  • Location:
  • – Kyiv, 8-B Raisy Okipnoi Street;
  • – Kyiv, 26-K Dniprovska Naberezhna Street.
  • Appointment schedule: Tuesdays and Wednesdays from 10:00 a.m. to 1:00 p.m.
  • All other services (diagnostics, tests, etc.) are paid according to the price list.

A special loyalty program with discounts on most services is available for UBDs.

How to take advantage of the promotion

When making an appointment, be sure to mention that you have UBD status and would like to take advantage of the promotional offer.

You must present your UBD ID at the reception.

To make an appointment, call the contact center at: 0 800 707 707

ADONIS is a network of private medical centers for adults and children. The private clinic ADONIS was founded over 25 years ago. Its network includes seven branches in Kyiv and the surrounding region, including a rehabilitation center and a stem cell laboratory. Doctors at the clinic’s branches provide consultations in 65 medical fields. In the conditions of war, ADONIS branches with surgical departments provide quality medical care to military personnel and civilians.

 

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Naftogaz paid over UAH 10 bln in dividends and taxes to budget for 2024

In accordance with the decision of the Cabinet of Ministers, Naftogaz of Ukraine transferred UAH 10.4 billion in dividends for 2024 and income tax to the state budget.

As the company reported on Tuesday, the rest of the profit, in accordance with the government’s order, will be used to prepare the country for winter, in particular to purchase imported gas.

“I would like to thank all employees for the result. Thanks to your conscientious work, Naftogaz remains a reliable partner of the state, fulfilling all obligations imposed by the Ukrainian government in a timely and complete manner,” said Serhiy Koretsky, chairman of the board of Naftogaz Ukraine, whose words are quoted in the statement.

As reported, the Cabinet of Ministers of Ukraine, by order No. 410-r of April 29, 2025, ordered to allocate 30% of the profits of Naftogaz of Ukraine to dividends in the state budget.

“To approve (…) consolidated profits in the amount of 37 billion 906 million 640.18 thousand hryvnias, according to the consolidated financial statements of Naftogaz of Ukraine for 2024, of which the profit attributable to the shareholder of Naftogaz of Ukraine amounts to 29 billion 421 million 763.674 thousand hryvnias (…)”, the document said, in particular.

According to the government decision, 30% of the specified profit of Naftogaz, amounting to UAH 8.826 billion, is subject to payment of dividends to the state budget. Another 70% (UAH 20.595 billion) was allocated by the Cabinet of Ministers for statutory purposes, in particular 45% of the profit belonging to the shareholder of Naftogaz of Ukraine, amounting to UAH 13.239 billion, for the purchase of imported natural gas and financing measures to prepare for the autumn-winter period of 2025/26.

 

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