Due to the fault of foreign drivers with a valid insurance contract “Green Card” last year in Ukraine there were 315 road accidents (RTA).
As reported in Facebook Motor (transport) Insurance Bureau of Ukraine, according to the law of Ukraine on compulsory insurance of motor liability, in such cases the damage to the injured driver is compensated at the expense of the Insurance Guarantee Fund of the MTSBU.
“Such regulatory payment is carried out on the terms and amounts established by the legislation of Ukraine and the principles of mutual settlement of damage on the territory of the member countries of the international system of automobile insurance “Green Card”, it is noted in the message.
ITSBU is the only association of insurers carrying out compulsory insurance of civil liability of owners of land vehicles for damage caused to third parties.
“Green Card” – a system of insurance protection of victims in a traffic accident regardless of the country of their residence and the country of registration of the vehicle. “Green Card” covers the territory of 45 countries in Europe, Asia and Africa.
According to the decision adopted by the General Assembly of the Council of the Bureau of the International Motor Insurance System “Green Card” in Luxembourg in May 2004, Ukraine is a full member of this system since January 1, 2005.
auto insurance, car insurance, DRIVERS, GREEN CARD, insurance bureau
Germany is sending equipment and weapons to Ukraine: the new military aid package includes 14,000 rounds of 155 mm artillery ammunition, 4 WISENT 1 demining vehicles, 3 mobile remote-controlled and protected demining systems, and 250 demining kits, the German government website reported on Monday.
According to the published updated list of military aid delivered to Ukraine, it also includes 10 Vector reconnaissance UAVs with spare parts; 22 anti-drone systems; 12 SatCom terminals; 4 vehicles for border guards; and materials for the disposal of explosive ordnance;
The package was provided by the resources of the Federal Armed Forces and government-funded industry.
It is noted that about 5 billion euros (2023) and about 1.6 billion euros (2022) have already been spent on military assistance to Ukraine. An additional 2.9 billion euros were allocated in the first two years of the war for aid that will be received only in 2025-2028.
In total, since February 24, 2022, Germany has supplied materials from the Federal Armed Forces’ stockpiles worth approximately €5.2 billion. In addition, more than 10,000 Ukrainian soldiers have received military training in Germany. The cost of this training is currently about €282 million.
DIM Group is developing a format of income-producing real estate, apartments with hotel services as part of its projects, said Daria Bedia, Marketing Director of DIM Group, in response to an inquiry from Interfax-Ukraine.
“We are considering the option of income-producing real estate – an apartment format managed by a professional operator – as part of our projects. This is a separate product that we are actively developing. In two of our projects, we have designed apartments with hotel services as part of residential development,” Bedia said.
According to her, the added value for future investors includes better service for owners of well-known operators, the ability to comfortably accommodate relatives and friends in their homes without violating their privacy, and a well-developed internal infrastructure.
“Apart-hotels are becoming a center of attraction for additional services: spa, restaurant, coworking, children’s areas, etc.”, Bedia added.
DIM Group was founded in 2014 and consists of six companies covering all stages of construction. To date, it has commissioned 12 buildings in six residential complexes with a total residential area of over 218 thousand square meters. Six residential complexes of “comfort+” and “business class” categories are under construction: “New Autograph, Metropolis, Park Lake City, Lucky Land.
2022-2024 goods trade balance forecast (USD billion)
Source: Open4Business.com.ua and experts.news
Investment deals account for up to 10% of DIM Group’s sales structure, while the requested area of housing has decreased by 15%, DIM Group Marketing Director Daria Bedia said in response to an Interfax-Ukraine inquiry.
“As of today, we have about 10% of investment transactions in the formats of a multifunctional cluster, eco-city, multifunctional complex based on the concept of a 15-minute city in the central business and historical center, while the vast majority of transactions – a little more than 90% of them – are still exclusively for themselves. The fact that investors have started to return to the market at all is an encouraging signal,” she said.
According to her, the first investment deals in the company’s properties began in late summer and early fall of 2023. Before that, professional investors did not dare to return to concrete, but the situation is changing.
“Firstly, the profitability of individual complexes and formats, given the high rate of construction, successful concept and growing real demand for this object, is still higher than bank deposits, even in times of war. Secondly, when evaluating an investment for the future, people realize that a liquid lot can bring 50-60% in the future if you choose a competent strategy,” Bedia says.
According to her observations, the majority of investors now are those who had real estate in their portfolio before the war. They come on three conditions: high rates of construction, a liquid concept and brand of the developer, its reputation over the past two years of war.
At the same time, the requested area has decreased by about 15%, while interest in European layouts has doubled. A large kitchen-living room of 17 sq. m in comfort+ and 20 sq. m in the business segment, two bathrooms, and separate bedrooms are becoming a must-have attribute. The area of 1-room apartments, which are most often bought in the business segment, reaches 50-55 sq. m, 2-room apartments – 75-80 sq. m, 3-room apartments – 100-120 sq. m.
Today, buyers in the comfort+ segment are most interested in 1-room apartments of 40-47 sq. m. with a kitchen-living room of 20 sq. m. and a separate bedroom with a dressing room. The top 2-room apartments are 68 to 75 sq. m. in size with two separate bedrooms and a kitchen-living room of 20 sq. m., and 3-room apartments are 85-90 sq. m. in size with three separate bedrooms, one of which is a master bedroom with its own bathroom and wardrobe, and a large kitchen-living room is also a priority.
DIM Group was founded in 2014 and consists of six companies covering all stages of construction. To date, it has commissioned 12 houses in six residential complexes with a total living area of over 218 thousand square meters. Six residential complexes of “comfort+” and “business class” categories are under construction: “New Autograph, Metropolis, Park Lake City, Lucky Land.
The Cabinet of Ministers of Ukraine intends to intensify the School Bus program to purchase 1.5 thousand school buses from domestic producers over the next three years, Prime Minister of Ukraine Denys Shmyhal said.
“We plan to use a number of tools to help domestic producers in the near future. The first tool is public procurement. We will expand the list of categories of goods purchased from local producers. In particular, we are talking about expanding localization to defense procurement. (…) An additional incentive will be the intensification of the School Bus program. This is the purchase of 1.5 thousand buses over three years from Ukrainian manufacturers,” Shmyhal said at the Made in Ukraine forum in Kyiv on Monday.
For her part, First Deputy Prime Minister and Minister of Economy Yulia Svyrydenko said that the Ukrainian government will look for opportunities to increase budget funding for the School Bus program to load up on orders from Ukrainian manufacturers.
“We have an existing School Bus program. We understand that the capacity of Ukrainian producers is twice as large as the budgeted limit of our program. Of course, we will look for ways to increase it in order to load Ukrainian producers with orders. We need 1600 school buses in the country now,” she said at the forum.
As reported, in 2024, as in the previous year, the state budget allocated UAH 1 billion for the purchase of school buses.
At the same time, Ukrainian manufacturers noted that if the amount of the subvention is maintained, bus purchases may be reduced by 15-20% compared to 2023, given the rise in bus prices.
School buses are purchased with co-financing from the state budget and local budgets.
In 2023, local budgets spent UAH 971.6 million out of the UAH 996.6 million subvention provided, while local councils purchased 434 buses out of the planned purchase of 546 school buses by the end of 2023.
In Ukraine, school buses are produced by Cherkasy Bus, Chernihiv Automobile Plant of Etalon Corporation, and Zaporizhzhia Automobile Plant of UkrAVTO Corporation.
