Business news from Ukraine

Business news from Ukraine

Plastic surgery clinic is being built in Uzhhorod

Lita Plus plastic surgery clinic relocated from Kiev region will open a plastic surgery clinic in Zakarpattya region, Lita Plus clinic founder Serhiy Derbak said.

“We moved the clinic to Uzhgorod together with the equipment and the team, which is 35 people. Our clinic was located in Irpen, and it was completely destroyed during the hostilities, so we simply had no place left to operate,” he said in an interview with the agency ‘Interfax-Ukraine’.

Derbak noted that after the aggressor destroyed a clinic in the Kiev region, “the decision to build a clinic in Uzhgorod was natural.”

“We saw another important factor – logistics for patients. I conducted a statistic: 80% of our patients today come from abroad. These are Ukrainians who left during the war, but return to Ukraine to receive medical services. That is why medical services will remain very important for Transcarpathia as a region. And that is why we have decided: we will build here,” he said.

Derbak noted that the clinic project will consist of two buildings – surgical and hospital.

“One building is a completely new surgical center with an area of 1000 square meters, equipped, in particular, and its own bunker – with all the necessary security elements, which, unfortunately, were very much needed in Bucha. The new clinic has already taken all these risks into account. Perhaps it is a consequence of traumatic experience, but I don’t want to experience something like that again. The second building is the reconstruction of the existing building for the hospital,” he said.

Derbak noted that “the surgical building is designed according to the highest standards: even open-heart surgeries can be performed there – with proper ventilation, air sterilization and all medical requirements”.

The next stage of the project’s development will be the opening of a large balneological department.

“We have already conducted two wells – to a depth of 1,200 and 800 meters – and have thermal rhodon water, which is ideal for treating scars. After the war, we plan to operate as a specialized plastic surgery clinic for patients with scar deformities. In addition, we will create a rehabilitation center for the military: we will combine surgical care, balneological treatment, physical rehabilitation after injuries, surgeries, burns and contractures,” he said.

 

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Forecast of dynamics of changes in Ukrainian GDP in % for 2022-2025 in relation to previous period

Forecast of dynamics of changes in Ukrainian GDP in % for 2022-2025 in relation to previous period

Source: Open4Business.com.ua

In 2024, USG collected UAH 3 bln in premiums and increased payments

In 2024, the insurance company Ukrainian Insurance Group (Kyiv) collected UAH 3.01 billion in gross premiums, which is 2.49% more than a year earlier.

This is reported on the website of the rating agency Standard-Rating, which affirmed the financial strength rating/credit rating of the insurance company at uaAA+ for the reporting period.

At the same time, revenues from individuals in 2024 decreased by 7.10% to UAH 1.647 billion, and from reinsurers decreased by 30.75% to UAH 7.003 million. At the end of 2024, the share of individuals in the company’s gross premiums amounted to 54.71%, and the share of reinsurers – 0.23%.

Insurance payments sent to reinsurers in 2024 decreased by 4.24% compared to 2023 – to UAH 489.786 million, the participation ratio of reinsurance companies in insurance premiums decreased by 1.15 percentage points to 16.27%.

The company’s net written premiums increased by 3.91% to UAH 2.52 billion, while net earned premiums decreased by 4.18% to UAH 2.442 billion.

The volume of insurance payments and reimbursements made by “USG” in 2024 amounted to UAH 1.532 billion, which is 3.67% more than in 2023. Thus, the level of payments increased to 50.90%.

The RA also reports that the financial loss from operating activities amounted to UAH 53.076 million (UAH 24.6 million a year earlier), net profit was UAH 23.216 million (UAH 109 million).

As of January 1, 2025, the companies’ assets increased by 9.50% to UAH 2.989 billion, equity increased by 4.20% to UAH 622.670 million, liabilities showed an increase of 10.98% to UAH 2.366 billion, and cash and cash equivalents decreased by 72.13% to UAH 231.658 million.

Thus, as of the beginning of 2025, the company had a satisfactory level of capitalization (26.32%), and cash covered 9.79% of its liabilities.

At the same time, the RA notes that as of the reporting date, the insurer has formed a portfolio of financial investments in the amount of UAH 1.665 billion, consisting of government bonds and government bonds (81.66% of the portfolio) and deposits in banks with a high credit rating (18.34% of the portfolio).

As reported, the controlling shareholder of USG Insurance is 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.

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Breast implant sales statistics show no trend toward “naturalness,” says Sergey Derbak, founder of Lita Plus clinic

Breast implant sales statistics show no trend toward “naturalness” in aesthetic medicine, according to plastic surgeon and founder of the Lita Plus clinic Sergey Derbak.

“We often discuss this issue with colleagues. I’ll be frank: I am well aware of the statistics on implant placement in Ukraine. Our clinic performs the largest number of breast augmentation surgeries in the country, so we see the real figures. And I can say with confidence that talk of ‘naturalness’ is mainly a PR stunt by bloggers and opinion leaders who want to stand out amid the general popularity of plastic surgery. In fact, there is currently a real boom in breast and lip augmentation, and it is not abating. There is no statistical evidence of a mass rejection of plastic surgery,” he said in an interview with Interfax-Ukraine.

Derbak noted that implant sales statistics show that “the smaller the implant, the more patients want a natural look.”

“In Latin America, the average implant volume exceeds 450 ml, which is approximately a size 4 breast. In Germany, the average volume is about 220 ml, which is in line with the trend toward naturalness. In Ukraine, the average implant volume is 350-400 ml, which is larger than a size 3 breast. Interestingly, round implants sell better than anatomical ones, and this trend has been growing over the last three years, since the start of the full-scale war,” he said.

According to Derbak, ”today, compared to before the war, the volume of implants has increased.”

“Over the past year, the average implant size has been plus or minus 400 ml. So I would say that stories about naturalness are more a case of wishful thinking. In reality, this is not the case,” he said.

https://interfax.com.ua/

 

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“Energoatom” received UAH 1.3 bln in profit in 2024

The net profit of NNEGC Energoatom JSC for 2024 amounted to UAH 1.3 billion, MP Oleksiy Honcharenko said on his Telegram channel on Tuesday.

“The Cabinet of Ministers of Ukraine has approved the results of Energoatom’s work for 2024: the company’s net profit is UAH 1.3 billion,” he wrote.

According to Honcharenko, all 100% of the profit will be used to cover the losses of previous years, and no dividends will be paid.

The government also confirmed the opinion of the independent auditor and approved the report on remuneration to the supervisory board.

As reported, Energoatom generated 53 billion kWh of electricity in 2024, which is 2% more than in 2023 and 12% more than in 2022.

In 2024, Energoatom allocated UAH 116.3 billion (excluding VAT) of its own funds, or 58% of its net income, to pay for PSO, i.e. to maintain fixed electricity tariffs for the population.

Last year, the company paid UAH 28.8 billion in tax payments to the budgets of all levels, which is 35% more than in 2023.

Currently, Energoatom operates nine power units at South Ukrainian, Rivne and Khmelnytsky NPPs with a total capacity of 7880 MW. All of them are located in the territory controlled by Ukraine.

Zaporizhzhia NPP with six VVER-1000 power units with a total capacity of 6,000 MW has not been generating electricity since September 11 of the same year after its occupation on March 3-4, 2022.

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2025 Canadian election results: Liberals win but form minority government

On April 28, 2025, federal elections were held in Canada, resulting in a victory for the Liberal Party led by Mark Carney, which won 155 seats in the House of Commons out of 343. However, this is not enough to form a majority, which requires 172 seats, meaning that a minority government will have to be formed or coalition agreements sought. Distribution of seats by party

Party                                          Leader                                               Seats      Change

Liberal Party                             Mark Carney                                        155      +3

Conservative Party                  Pierre Poilievre                                    133     +13

Bloc Québécois                         Yves-François Blanchet                      21       -11

New Democratic Party           Jagmeet Singh                                        5       -20

Green Party                              Elizabeth May and Jonathan Pedne    1        -1

Independents and others                                                                           28      —

Possible scenarios for forming a government

Given the results, the Liberal Party does not have an absolute majority and must seek support from other parties to form a stable government. Possible options:

Minority government: The Liberals may try to govern without a formal coalition agreement, securing the support of other parties on key issues.

Coalition with the New Democratic Party: Despite significant losses, the NDP could become a partner of the Liberals, as has happened in the past.

Cooperation with the Bloc Québécois: Although the Bloc Québécois lost some seats, its support could be critical for the Liberals, especially on issues related to Quebec.

Implications for the opposition

The Conservative Party, led by Pierre Poilievre, improved its position, winning 133 seats, but this was not enough to secure victory. Poilievre also lost his seat in the Carleton riding, which could affect his leadership of the party.

The New Democratic Party suffered significant losses, reducing its representation to five seats. Party leader Jagmeet Singh announced his resignation after losing in his riding.

The election took place against a backdrop of heightened tensions with the US, particularly after President Donald Trump’s statements about the possible annexation of Canada as the 51st state. Mark Carney strongly criticized Trump, stressing the need to protect Canadian sovereignty and strengthen national unity.

International leaders, including representatives from the UK, the EU, Ukraine, and China, congratulated Carney on his victory and expressed hope for stronger cooperation in trade, defense, and democratic values.

Earlier, the Experts Club think tank released a video analysis dedicated to the most important elections in the world in 2025. For more details, see here —

https://youtu.be/u1NMbFCCRx0?si=K4EMR3-a5cYQM_Ab

 

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