Insurance company Knyazha Vienna Insurance Group (Knyazha VIG, Kyiv) collected UAH 876.9 million in insurance payments in January-March 2025, which is 61.3% more than in the same period of 2024.
According to the company’s website, net premiums for the reporting period increased by 32.2% to UAH 453.8 million. UAH 312.4 million was transferred to reinsurance, which is 71.3% more than in the first quarter of 2024.
During the reporting period, the company paid out UAH 276.3 million in claims, which is 34.4% more than in the first quarter of 2024.
Administrative expenses in the first quarter amounted to UAH 17.454 million (+9.4%), while distribution expenses amounted to UAH 263.3 million (+23.2%).
Gross profit amounted to UAH 177.5 million (+28.9%).
The financial result from operating activities was UAH 43.6 million, the financial result before taxation was UAH 73.4 million (+3.3 times), and net profit was UAH 60.756 million, which is 3.4 times more than in the first quarter of 2024.
PJSC “IC ‘Knyazha Vienna Insurance Group’ is part of the Vienna Insurance Group Ukraine, whose main shareholder is Vienna Insurance Group AG Wiener Versicherung Gruppe (Austria). The group also includes PJSC “Insurance Company ‘Ukrainian Insurance Group’ – 100%, PJSC ‘Insurance Company ’KnyazhaLAIF Vienna Insurance Group” – 97.8%, LLC “USG Consulting” – 50.7%, LLC “VIG Services Ukraine” – 78.7%, LLC “Assistance Company ‘Ukrainian Assistance Service’ – 100%.
Geographical structure of Ukraine’s foreign trade (exports) January-December 2024, million USD
Ukraine continues to attract foreign investors despite military risks. In an exclusive interview with Interfax-Ukraine, Gennady Chizhikov said that the Ukrainian Chamber of Commerce and Industry (UCCI) is actively working to build trust in the Ukrainian market.
“Investors are attracted not only by our export potential, but also by the availability of international arbitration, digital services, and the flexibility of Ukrainian business,” he said.
According to Chizhikov, the CCI participates in summits, forums, and business dialogues, including events in African and Persian Gulf countries, with the aim of attracting direct investment.
For more details, see the interview at https://interfax.com.ua/news/interview/1069297.html
On May 9, Kyiv will host Svoe.IT 2025, an event that will bring together over 50 Ukrainian developers and more than 2,000 visitors from across the country. This is not just a conference, it is a demonstration of how Ukrainian IT solutions work, scale, and replace foreign analogues, including Russian products.
At Svoe.IT 2025, each participant will not only learn about new products, but also test them in person. This year, the focus is on national technological independence and support for Ukrainian business. Svoe.IT is not just an event, it is a movement towards our own IT code, tailored to the needs of Ukrainian enterprises.
IT Ukraine Association and UKRSIBBANK BNP Paribas Group are the general partners of Svoe.IT 2025 for the second time.
This year, Svoe.IT participants will present innovative solutions for business, including:
Bukkeeper SaaS, Vchasno, Diya, DP “INFOTECH,” InfoPlus, Kyivstar, Legal Tech Solutions, LOGISTIKON, SoftPro-Global, AI FINTECH, BJet, Checkbox, ConnectiveOne, Coworker Crew, DUXIT, GigaTrans, IT Specialist, IT-Enterprise, Konica Minolta Ukraine, LBS Cloud, Lenovo, Liga Zakon, Linkos Group, Macpaw, MASTER, MK legal, MODUS X, NetHunt, Self-ERP, Shop-Express, SmartTender, Smiddle, ToDo, Unitalk, VoIPTime, YouControl. Supported by InWeb, 23Merch, and the State University of Trade and Economics.
The focus of Svoe.IT 2025 will be on movement to the regions. Software solutions from Ukrainian developers should be available in Kyiv, Khmelnytskyi, Poltava, Kryvyi Rih, Chernivtsi, and other cities. Therefore, the event will feature participants from all corners of Ukraine, and the program will include real-life case studies for small and medium-sized businesses.
What can you expect at Svoe.IT 2025?
● 50+ Ukrainian IT products: CRM, ERP, automation, cybersecurity, cloud solutions, accounting and management accounting, document management, logistics, e-commerce, health tech, and more.
● Speech zone: success stories of Ukrainian teams that create and scale their products.
● Panel discussions: topics include abandoning Russian software, cyber security, and local digital resilience.
● Tech Ecosystem Stage — a thematic platform dedicated to the evolution of innovation: from student startups to large technology businesses.
● Meetpoint zones for networking and real-life connections.
● Open area for relaxation and food court.
Svoe.IT 2025 is a space where technological independence becomes a reality. If you are looking for new solutions or alternatives to BAS or Tilda, this event is for you. If you are creating your own software product, we want the whole country to see you.
When: May 9, 2025
Where: Kyiv (address will be sent after registration)
Registration: svoe.it. Admission is free for visitors.
Svoe.IT 2025 — where Ukrainian software meets Ukrainian business. Finally.
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Solutions from Svoe.IT partners by category:
Payment services, POS systems, software cash registers
● SOTA Kasa browser-based cash register
● Checkbox POS system
● Multifunctional service Cashalot
● PRRO No. 1 Checkbox
IT services
● IT as a Service from the DUXIT team
● Electronic services in the Tviy Chas store network
Accounting/management accounting
● Online accounting Bookkeeper
● MASTER Online – cloud accounting
● MASTER accounting automation solution: Accounting
● “New Era” – no code/low code software platform for creating accounting systems
● Self-ERP – a modern accounting solution that takes into account the needs of residents of Dія.Сіті
Reporting and document flow
● ASKOD is designed for effective management of corporate information resources
● ASKOD Online – a service that provides instant legally valid exchange of documents in electronic form
● Vchasno – reliable exchange of electronic documents
● Zvit Korporatsiya – a service for automating, receiving, and processing reports from accountable organizations.
● MIA: Document Management is a tool for effective document management
● PTAH is a platform that brings together all participants in document exchange.
● SOTA is a web service for small and medium-sized businesses, electronic document management, and online reporting.
● SOTA CRS – a web service for creating, verifying, signing, and sending CRS reports to the tax service
● SOTA Driver – a mobile application that allows you to work with electronic documents for transportation
● SOTA E-TTN – a cloud solution that allows everyone involved in transportation to access the necessary documents
● CSC “Ukraine” – the largest commercial provider of electronic trust services in Ukraine
● CloudKey – a reliable cloud-based electronic signature
● DEEP HR – document management
● Dubidoc – fast document signing and exchange
● M-Files – a document management system
● M.E.Doc is a program for e-document management and e-reporting
● Signy is an electronic document management service
AI solutions
● AI assistants from IT-Enterprise
● SmartCheck AI is a tool for participating in public auctions
Telecom, telephony, and software for call centers
● ConnectiveOne omnichannel platform
● Telecom services from GigaTrans
● Smiddle Voice Bot – voice bot with artificial intelligence
● VoIPTime Contact Center omnichannel platform
● VoIPTime AI QA – a service that allows you to automate quality assessment for 100% of calls
● Voice robot from VoIPTime
ERP
● Canteen on your phone – a platform for managing school canteens.
● Self-ERP – a solution based on Odoo and real business practices in Ukraine
● Universal 9 – a resource management and business process automation system
● Bjet – accounting and process automation based on Odoo Community
● ISpro – World-class complex for accounting and management automation
● IT-Enterprise – complete replacement for 1C
● LBS Cloud – cloud ERP platform
● ToDo – Odoo-based solution for small and medium business automation
● SUPiK: Product and Kitchen Management System
CRM
● NetHunt – reliable CRM system for the entire team
● VoIPTime – CRM for e-commerce
Risk monitoring and cyber security solutions
● Protection against DDoS attacks from GigaTrans
● Comprehensive risk monitoring Liga 360
● Next-Gen Security Solutions from IT Enterprise
● Analytical system for compliance and market analysis YouControl
Other
● Online government services – Diya app
● Warehouse and logistics management systems LOGISTICON WMS and LOGISTICON YARD
● M.E.Doc SAF-T UA electronic audit service
● Shop-Express website builder
● Smart Procurement commercial procurement platform
● YC.Market market intelligence platform
● Ysoft SafeQ Cloud print expense management system
Interfax-Ukraine is the information partner of the event
Against the backdrop of growing tensions between India and Pakistan, a sociological survey conducted by Active Group in collaboration with Experts Club highlights Ukrainians’ views on how they see our country’s diplomatic position in the event of an escalation of the conflict between these two nuclear powers.
According to the poll, the vast majority of Ukrainians — 90.3% — are in favor of Ukraine taking a neutral position in the event of a full-scale Indo-Pakistani war. This shows that people want diplomatic restraint on issues that don’t directly affect national interests.
Only 8% of respondents expressed support for some form of support for India (4.7% — full support, 3.3% — partial support). As for Pakistan, only 1.6% supported this country (0.3% — partial support, 1.3% — full support for Pakistan’s position).
These results echo Ukrainians’ broader perceptions of these two countries. According to separate surveys
26.7% of Ukrainians have a positive attitude toward India, while 55.3% are neutral.
26.7% have a positive attitude toward Pakistan, while 55.3% are neutral.
“The predominance of neutrality in the choice of diplomatic course towards India and Pakistan indicates a low level of inclusion of the topic in Ukraine’s information space. At the same time, this is a sign of a mature approach to foreign policy in the eyes of citizens,” notes Maxim Urakin, PhD in Economics and founder of Experts Club.
Despite the fact that some respondents show moderate sympathy for India, the vast majority of Ukrainian citizens adhere to a position of non-interference. This may indicate a high level of awareness of armed conflicts outside their own region.
The American investment company Franklin Templeton Asset Management has begun managing the assets of the National Investment Fund of the Republic of Uzbekistan. The company’s participation in the management of the investment fund was announced in February of this year.
This agreement is being implemented with the aim of supporting Uzbekistan’s economic development and attracting international investors.
As part of the cooperation, Franklin Templeton will manage an investment portfolio of 18 state-owned enterprises and commercial banks owned by the Fund and implement transformation programs aimed at increasing their investment attractiveness. After the implementation of these programs, the shares of the Fund, as well as the enterprises and banks under its management, will be listed on local and international stock exchanges.
To this end, Franklin Templeton will implement transformation programs, including reviewing the development strategies of state-owned enterprises and banks, bringing their corporate governance, financial performance, internal audit, and risk management systems into line with international standards, and improving staff skills.
