Business news from Ukraine

Business news from Ukraine

NBU has presented preliminary rating of insurers of Ukraine by results of 2025

Leaders of the insurance market of Ukraine on collected premiums in January-November 2025 became insurance companies “SG ”TAS“ – UAH 7,047 billion, ”ARKS“ – UAH 5,275 billion, ”INGO“ – UAH 4,642 billion, IC ‘VUSO’ – UAH 4,639 billion, ”Arsenal Insurance” – UAH 4,458 billion.

As evidenced by the data of the project of information exchange “PRIMA” of the National Association of Insurers of Ukraine (NASU), compared to 10M2025 IC ‘Unica’, which occupied the fifth position of the leaders’ rating, has conceded this place to IC “Arsenal Insurance”.

In the market of compulsory insurance of motor civil liability at the end of 11 months, as before, were SG “TAS” – UAH 3,672 billion, “Oranta” – UAH 2,702 billion, “Knyazha VIG” – UAH -2,221 billion, ‘INGO’ – UAH 1,123 billion and “Arsenal Insurance” – UAH 1,095 billion.

Also in the cross-section of the compared periods there were no changes in the market of “Green Card”, where the top five are still “TAS” – UAH 1.150 billion, “USG” – UAH 967.4 million, ‘ROM’ – UAH 863 million, “Knyazha VIG” – UAH 351 million, “VUSO” – UAH 247.9 million.

The CASCO market, as before, is headed by IC “ARKS” – UAH 2.559 billion, “Arsenal Insurance” – UAH 2.469 billion, “VUSO” – UAH 1.202 billion, ‘Unica’ – UAH 1.143 billion and “Universalna” – UAH 1.046 billion.

The leadership in voluntary health insurance is held by the former five: IC Unica – UAH 1,839 billion, followed by IC VUSO – UAH 1,109 billion, IC Universalna – UAH 1,045 billion, IC INGO – UAH 933,4 million and SG TAS – UAH 816,5 million.

In the life insurance market, the first position is still occupied by IC “MetLife” – UAH 2.771 billion, IC ‘TAS’ – UAH 850.9 million, “Grave Life” – UAH 625.2 million, “ROM Life” – UAH 360.1 million, “Unica Life” – UAH 315 million.

As reported, as of December 1, 2025, 48 risk insurers worked in the insurance market of Ukraine, 10 specialized in life insurance, one – with a special status (“Export Credit Agency”, ECA).

 

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Maximum unemployment benefit in Ukraine has increased to 8,647 hryvnia per month

In 2026, the maximum unemployment benefit will be 8,647 hryvnia, and the minimum will be 3,900 hryvnia, according to Yulia Zhovtyak, director of the State Employment Center.

“On January 1, the minimum wage in Ukraine increased and now stands at 8,647 hryvnia. This indicator is a key economic component of the active employment promotion programs implemented by the State Employment Service. Therefore, along with this social standard, basic benefits for individuals and compensation for businesses are also automatically increased. Support for job seekers: the maximum unemployment benefit is now UAH 8,647, and the minimum is UAH 3,900 (in 2025, such benefits amounted to UAH 8,000 and UAH 3,000, respectively – IF-U),” Zhovtyak wrote on Facebook.

According to her, 1.4 million people have received such assistance since the start of the full-scale invasion.

Compensation for the employment of forcibly displaced citizens seeking work has also increased to UAH 17,294 (in 2025, it was UAH 16,000).

In addition, the coverage of expenses for the employment of veterans has increased to 8,647 UAH, and for young people under the age of 35 for their first job – to 4,323 UAH.

“Thanks to these compensation programs, almost 62,000 internally displaced persons, almost 800 veterans, and 2,800 young people have been employed,” said the director.

Among other things, compensation for the arrangement of workplaces for people with disabilities of group I has increased to UAH 129,705, and for group II to UAH 86,470 (in 2025, UAH 120,000 and UAH 80,000, respectively).

“Army of Restoration”: payment for a full month of socially useful work is now UAH 12,970. For frontline territories, as well as for veterans, it increases to UAH 17,294. As part of the “Army of Restoration” project, 82,000 people have been involved in temporary work, and more than 330,000 referrals have been issued,” Zhovtyak added.

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Zaporizhkox increased coke production by 2.7% in 2025

PJSC Zaporizhkox, one of Ukraine’s largest producers of coke and chemical products and part of the Metinvest Group, increased its blast furnace coke production by 2.7% in 2025 compared to 2024, from 874,700 tons to 898,300 tons.

According to the company, 73,300 tons of coke were produced in December, compared to 76,300 tons in the previous month.

As reported, Zaporizhkox increased its blast furnace coke production by 2.1% in 2024 compared to 2023, to 874,700 tons from 856,800 tons.

In 2023, Zaporizhkox increased its output of blast furnace coke by 16% compared to 2022, to 856,800 tons from 737,400 tons.

Zaporizhkox has a complete technological cycle for the processing of coke-chemical products.

Metinvest is a vertically integrated mining group of companies. Its main shareholders are SCM Group (71.24%) and Smart Holding (23.76%). Metinvest Holding LLC is the managing company of the Metinvest Group.

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Foxtrot opened five new stores in 2025

Foxtrot, a Ukrainian retailer of household appliances and electronics, opened five new stores and renovated five existing stores in 2025, the company announced on its website.

“During 2025, Foxtrot opened five new stores in Chaban, Brovary, Odesa, Kryvyi Rih, and Kharkiv. At the same time, the company renovated five more retail outlets: in Uzhhorod, Lviv, Khust, Myrhorod, and Kalush,” the statement said.

In addition, the retailer’s online business also grew last year. According to its data, traffic to the online store increased by 46% over the year, and turnover by 76%. Visitor traffic and turnover through the mobile app tripled, the company said.

According to Foxtrot, the number of active customers increased by 11% last year, the frequency of purchases by 3%, and customer retention by 12%. Overall, the company increased its customer base by almost 9% over the year, to 15.1 million.

At the end of 2025, the company had 3,226 employees.

According to the retailer, during 2025, Foxtrot transferred equipment and other resources worth more than UAH 10.2 million to military units, and the total amount of aid since the start of the full-scale invasion of Ukraine by the Russian Federation reached UAH 52.7 million.

Foxtrot is one of Ukraine’s largest omnichannel retail chains in terms of the number of stores and sales of electronics and household appliances. As of early 2026, the company operates 127 stores in 67 cities, the Foxtrot.ua online platform, and the mobile app of the same name.

According to Opendatabot, the revenue of FTD-Retail LLC (Kyiv), which develops the chain, increased by 17.6% in 2024 compared to 2023, reaching UAH 14 billion 882.632 million, but its net profit was lower: UAH 6 million 721 thousand against UAH 314 million 436 thousand, respectively.

In the first nine months of 2025, the company received UAH 12.1 billion in revenue and UAH 167.4 million in net losses.

The founders of the omnichannel retailer Foxtrot are Ukrainian businessmen Gennady Vykhodtsev and Valery Makovetsky.

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Agro-Region agricultural holding set record corn yield of 9.64 tons per hectare

Agro-Region agricultural holding has completed its 2025 harvest campaign with a record corn yield of 9.64 tons per hectare, according to a Facebook post by the holding’s press service.

Agro-Region stated that the yield indicators for the 2025 season exceeded the planned forecasts. One of the production units, AR Bozna, broke its own yield record and the record of other units, achieving a yield of 11.87 tons/ha.

Yuriy Lysak, chief agronomist of Agro-Region, recalled that 2025 was marked by cool weather conditions: spring started late, and all crops, especially corn, did not receive the necessary amount of heat. That is why the harvest started with a delay of almost two weeks. Despite the increased moisture content of corn, which affected the productivity of elevators, the harvest results, according to the expert, were “truly impressive.”

“Thanks to the Armed Forces of Ukraine, as well as the coordinated work of the agronomic, engineering, and elevator teams, we were able to achieve high results,” Lysak summed up.

Agro-Region agricultural holding owns a land bank of 39,000 hectares in the Kyiv, Chernihiv, Zhytomyr, and Khmelnytskyi regions. It specializes in crop production. It consists of 11 companies, which are united into four crop clusters. It has two elevators: Boryspil with a capacity of 73,000 tons and Myropil with a capacity of 52,000 tons.

Agro-Region’s annual harvest of grain and oilseeds is 200,000 tons.

In April 2021, the Swedish company Lobiu Sala AB, owned by former Ukrainian Economy Minister Aivaras Abromavičius, received permission from the Antimonopoly Committee of Ukraine to purchase the Swedish company Agro Region Stockholm Holding, which manages the Agro-Region group of companies in Ukraine.

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Ukrainian cities received record 107 trolleybuses in 2025

Ukrainian cities received 107 trolleybuses in 2025, 75 of which were new, compared to 34 trolleybuses (28 new) in 2024, according to AllTransUA.

“2025 was the year of recovery for the trolleybus market in Ukraine, and although the figures are still lower than deliveries from 2014 to 2021, Ukrainian cities received 107 trolleybuses, which is a record during the full-scale war with Russia. The lion’s share is made up of new trolleybuses (75 units), most of which (66 units) were purchased in cooperation with international financial organizations (IFOs). In 2024, many agreements were signed, which began to be implemented in 2025,” the website said.

In general, according to AllTransUA’s data, last year, Khmelnytskyi (30 units) and Mykolaiv (24 units) received the most new trolleybuses funded by IFOs. Eight trolleybuses were also delivered to Kremenchuk and four to Ivano-Frankivsk.

According to experts, in 2025, the market for new trolleybuses was dominated almost equally by Etalon (manufacturer – Chernihiv Automobile Plant) and PTS (Politechnoservice), covering 91% of the market, while the rest of the supply was covered by Lviv-based Electron (5%) and the Litan trading house (Dnipro brand, 4%), which manufactured trolleybuses for the first time in several years.

In particular, Electron began deliveries to Ivano-Frankivsk, and Litan manufactured trolleybuses for Mykolaiv in Belarusian MAZ bodies, completing the delivery of a batch that was interrupted by the start of a full-scale invasion.

“The question of the origin of the bodies remains open: it is unknown whether they arrived in Ukraine before 2022 or were obtained later through indirect channels,” the report states.

Only Chernihiv (three Etalon T121 Barvinok trolleybuses) and Chernivtsi (six PTS T123 trolleybuses) received new trolleybuses at public expense.

The main recipient of used trolleybuses was Kharkiv, which received 26 Škoda trolleybuses of various models. Rivne purchased four Solaris Trollio trolleybuses from Lublin, and Ivano-Frankivsk received the last Gräf & Stift from Austria.

The city of Dnipro also replaced one YMZ T1 trolleybus body with an unused body from the 1990s (there are three such vehicles in the city in total).

“In 2026, we expect continued revenue under existing agreements within the framework of cooperation with IFIs, both as the completion of deliveries already underway (in particular, Ivano-Frankivsk, Kremenchuk) and deliveries to other cities, in particular Lutsk, Ternopil, and Chernivtsi,” the report says.

According to AllTransUA, in 2024, the market received the smallest number of trolleybuses since 2009, and compared to 2023, deliveries fell by a third.

In pre-war 2021, Ukrainian cities purchased 170 trolleybuses, and in 2020, 337.

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