In 2023, ARX Insurance Company (ARX Kyiv) made insurance payments in the amount of UAH 1.384 billion, which is 33.07% more than a year earlier.
According to the company’s Facebook page, in December 2023, the company paid UAH 131.025 million to its clients, including UAH 67.632 million in voluntary motor hull insurance, UAH 14.456 million in compulsory motor third-party liability insurance, UAH 36.196 million in voluntary health insurance, and UAH 2.963 million in Green Card insurance.
As reported, ARX Insurance Company has been operating in the insurance market for 26 years. It is part of the international insurance holding Fairfax Financial Holdings Limited (Canada).
OLX Ukraine shared analytics from the platform on which goods and services were most in demand among Ukrainians in 2023.
The top 10* products that were most in demand among Ukrainians in 2023 and the number of responses to them:
mobile phones (more than 14 million responses to ads from users)
children’s clothing and footwear (9.8 million responses to ads),
household goods in the category “Garden and vegetable garden” (4.6 million responses to ads)
power tools (3.5 million responses to ads),
books and magazines (3.3 million responses to ads),
food and beverages (3.1 million responses to ads),
collectibles in the Antiques category (1.9 million responses to ads),
farm animals (1.9 million responses to ads),
sneakers (1.6 million responses to ads),
dishes and kitchen utensils (over 1 million responses to ads).
In the Business for Services category, the most popular ads on the platform in 2023 were: auto and motorcycle services (3.3 million responses to ads), construction and repair (4 million responses to ads), manicure and massage services from the Health and Beauty category (2.4 million responses), transportation and special equipment services (1.7 million responses), and equipment repair and maintenance services (1.3 million responses).
*The selection contains a list of products that received the most reviews on OLX in January-December 2023.
According to the opendatabot portal, in October 2023, entrepreneur Andriy Matyukha signed an agreement to purchase the VODA UA trademark. According to the agreement, all rights to the VODA UA trademark were transferred from the previous owner, Dmytro Nikiforov, to Andriy Matyukha.
In his commentary, the entrepreneur expressed his intention to develop business in Ukraine, create new jobs and support Ukrainian brands. Mr. Matyukha emphasized his readiness to invest in the country’s economy now, despite the current challenges.
VODA UA and VODA UA Carpathian Spring Highland are brands of table and medicinal waters obtained from various mountain water intakes and springs in the cleanest regions of the Carpathians. VODA UA waters are characterized by an optimal pH level of 7.4-7.6 and the absence of any physical or chemical influence, which makes them perfect by nature.
The amount of the deal remains undisclosed.
In April 2023, owner and founder Dmytro Nikiforov announced in an interview with Interfax-Ukraine that he would invest $600,000 in the production of a drink made from kombucha tea mushrooms.
Voda UA is a group of companies engaged in the extraction of Carpathian highland waters under the trademarks Voda UA, Goryanka, and Carpathian Spring Highland.
Andriy Matyukha is the founder of FAVBET betting company.
The Optima Distance School has announced that it has been forced to suspend the construction of an educational center near Kyiv due to unfounded accusations by law enforcement officials of illegal land acquisition.
Maria Miletska, founder and CEO of the Optima distance school, told Interfax-Ukraine at a press conference on Tuesday that the issue is the investigation by law enforcement agencies that accused her of illegally seizing a 4 hectare plot of land near Kyiv.
According to Miletska, the project has been suspended for at least four months.
For his part, Miletska’s lawyer, Oleksandr Protas, noted that, according to the accusations by law enforcement agencies, Miletska has no legal rights to the land plot, despite the fact that she purchased it on the secondary market at a market price.
Protas clarified that the land plot was alienated from the land fund of the Ministry of Defense six or seven years ago and has changed hands several times since then.
“As it turned out later, this land is under investigation because it became a source of enrichment for some officials. I can’t comment on whether this land was transferred to individuals legally or illegally, but Maria Miletska bought this land absolutely legally, at a market price. A company engaged in professional land search offered the land, all payments were made in non-cash form, and there were no comments from the state registrar or the notary who carried out the registration. And after the land was acquired, Maria Oleksandrivna, unfortunately, became a party to the criminal proceedings,” he said.
At the same time, the lawyer emphasized the “unprecedented pressure (on Miletska – IF-U) from the investigators who are investigating this case”.
“I was present during the searches that took place unexpectedly, I witnessed outright threats against me. There was no need to conduct such investigative actions as a search at all, because the documents that law enforcement officers needed were provided voluntarily,” he said.
Protas noted that “there are already two court decisions where Maria Oleksandrivna is recognized as an absolutely bona fide purchaser of this land.”
“The panel of judges took the side of our client that Maria Miletska did not alienate the land from the Ministry of Defense, that Miletska purchased it from individuals to whom the state had no claims until recently,” he said.
Protas clarified that the local village council distributed the land among its residents back in 2017, and until 2023, they were absolutely the legal owners of the land.
At the same time, Protas noted that his client has no grounds to apply to the ECHR so far, as all the possibilities for protection provided by national law have not been exhausted.
In turn, the founder of the Optima School, Latvian citizen Roberts Vaisla, noted that the school has already implemented several educational projects in Ukraine. These include the Optima Kids project, which provides educational materials and enables children to prepare for school, and a college that provides training in three specialties.
In addition, Optima has received Cambridge accreditation and is preparing content that allows Ukrainian children to study according to Cambridge standards and programs in Ukraine.
In 2023, Ukrzaliznytsia (UZ) transported 148.4 million tons of cargo by all types of traffic, down 1.5% from 2022 and due to the availability of pre-war January-February 2022 in the comparison database, the company’s website reports.
According to it, from March to December 2023, UZ transported an average of 23% more cargo per month than in the same period in 2022.
It is specified that November was a record month last year, when the company transported 14.1 million tons of cargo.
According to the release, 22.3 million tons of cargo were transported to seaports for further export last year, while 34.4 million tons were exported via land crossings.
Domestic transportation in 2023 increased by 11.4% to 84.8 million tons compared to 2022.
According to UZ, the leaders in terms of cargo volumes in 2023 were grains – 30.6 million tons (+5.9%), construction materials – 29.6 million tons (+29.6%), iron and manganese ore – 27.5 million tons (-13.2%), coal – 26.2 million tons (-11.2%) and ferrous metals – 8.2 million tons (-10.6%).
In 2023, Kryvyi Rih Iron Ore Plant (KZHRK) reduced its production of commercial iron ore from underground mining by 24.4% year-on-year to 2,183 thousand tons.
According to the company, in December, Pokrovska mine produced 40 thousand tons of ore, Kryvorizka mine – 25 thousand tons, Kozatska mine – 40 thousand tons, and Ternovska mine – 40 thousand tons, while the total production of the plant in December amounted to 145 thousand tons.
As reported, in 2022, KZHRK reduced production of commercial iron ore from underground mining by 32.8% year-on-year to 2.888 million tons.
KZHRK specializes in underground iron ore mining. The company has four mines: “Pokrovska (formerly Zhovtneva), Kryvorizka (Batkivshchyna), Kozatska (formerly Gvardiyska) and Ternivska (formerly Ordzhonikidze and then Lenin).
Starmill Limited owns 99.88% of the plant’s shares.
Earlier it was reported that SCM Group owns a certain share in KZHRK, while Metinvest Group has no relation to KZHRK. At the same time, SCM Group is only an investor, while Privat Group exercises operational control over the plant.
