Business news from Ukraine

Business news from Ukraine

Diesel prices in Ukraine have fallen by another 1–3 UAH per liter over past five days

Fuel prices in Ukraine continue to decline—this applies primarily to diesel, which has dropped by another 1–3 UAH per liter over the past five days, according to price monitoring at select gas station chains conducted by Energoreforma.

According to the report, natural gas prices have also fallen by up to 1 UAH per liter.
Gasoline prices remain stable, at the same level as on June 17.

According to calculations by Serhiy Kuyun, director of the consulting firm “A-95,” the price of diesel fuel has already dropped by more than 12 UAH per liter from its peak of over 90 UAH per liter.
He noted that at the start of the crisis, the price of diesel fuel was 62 UAH per liter.

The expert also pointed out that smaller retail chains, which do not have remaining stocks of fuel purchased at high prices, are lowering their prices more aggressively.
Regarding gasoline, Kuyun explained that there is no noticeable downward trend, since the difference between the purchase price (customs value) and the retail price during the “Iranian crisis” only returned to its pre-crisis February level in June.

“In other words, there are no excess profits that could explain the slowdown in price reductions. Gasoline margins have completely collapsed, which is why prices aren’t really falling. Gas stations’ finances are currently being propped up by diesel, though that doesn’t prevent diesel prices from falling sharply,” Kuyun wrote.
At the same time, the director of “A-95” emphasized that Russian attacks on gas station networks continue, and these losses are also putting pressure on their finances.

“Last week, one of the major chains lost an oil depot containing $1.5 million worth of fuel. Another chain reports that it suffers 15–20 ‘lightning strikes’ every week in frontline regions. WOG has already lost 6–7 gas stations, each worth $1 million. Gasoline and natural gas tankers are burning,” Kuyun described the situation.
He also noted that there had been an initiative to create a fund to compensate for these losses, but so far there are no sources of funding for it.

Kuyun pointed out that current global prices are not the only factor in pricing, but given the level of competition and the large number of gas stations, supply sources, and logistical capabilities in the Ukrainian market, in his opinion, there is no chance of operating under any rules other than market ones.
For his part, Volodymyr Omelchenko, director of energy and infrastructure programs at the Razumkov Center, noted that autogas is once again becoming more cost-effective than gasoline, having dropped by more than 5 UAH/liter in one month and more than 7 UAH/liter in two months.

Meanwhile, gasoline prices fell by only 1.1 UAH per liter over the same period. He noted that currently, a liter of LPG costs approximately 56% of the price of a liter of A-95.
Omelchenko attributed this, in particular, to a decline in the wholesale price of LPG, which fell by 3.46 UAH per liter over the past month.

According to him, propane and butane prices have fallen in Europe, and the import parity for LPG has also declined since its April peak. As of June 19, it stood at 34.43 UAH per liter, compared to 40.95 UAH per liter on April 16.
However, he also noted that the price cap at gas stations is determined not only by European quotations but also by the influence of wholesale prices, logistics, taxes, exchange rates, security risks, and the safety margins of the networks themselves.

“Therefore, a decrease in external prices does not always immediately translate into an equivalent decrease at the retail level,” Omelchenko said.
As previously reported, fuel prices in Ukraine began to decline around mid-June amid reports of a stabilizing situation in the Middle East and falling oil prices. On June 19, Pavlo Kyrylenko, head of the Antimonopoly Committee of Ukraine, convened fuel market participants to discuss the situation.

He drew their attention to the fact that over the past few weeks, global markets have seen a significant drop in prices for crude oil and petroleum products, but in Ukraine, the pace of decline in retail fuel prices remains significantly slower than the pace of their previous rise.
Market participants were asked to provide further explanations regarding the reasons for the slower decline in petroleum product prices compared to their previous rapid rise, as well as the factors influencing how quickly lower petroleum product costs are reflected in prices for end consumers.

On June 17, Natalia Nikeshina, marketing director of the national network of gas stations operating under the Parallel brand, predicted that the potential for price reductions ranges from 6 UAH to 12 UAH per liter. According to her, the largest drop can be expected if European prices do indeed fall to pre-crisis levels.

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AFD to Provide Ukrgazbank with EUR25 Mln Credit Line

The French Development Agency (AFD) will provide state-controlled Ukrgazbank with a EUR25 million credit line, EUR10 million in loan guarantees, and up to EUR10 million in grants and technical assistance to enable the bank to continue financing Ukrainian municipalities.

A letter of intent to that effect was signed on Wednesday in Gdańsk on the sidelines of the Ukraine Recovery Conference (URC 2026) at an event organized by Ukrgasbank and Deloitte titled “Strategic Cooperation for Ukraine’s Prosperity: Joining Forces of the State, the Private Sector, and Donors to Promote Recovery,” reports a correspondent for the “Interfax-Ukraine” news agency.

“Thanks to the vital support from the European Commission, we are developing a new financial aid package. These funds will be directed directly to our local municipalities and cities. This will help communities affected by the war to rebuild, recover, and remain strong,” commented Rodion Morozov, acting chairman of the board of Ukrgasbank, on the signed document.

According to him, a significant portion of this funding will be directed toward financing municipal energy projects.

Ukrgazbank, 94.94% of whose shares are owned by the Ministry of Finance, ranked sixth among Ukrainian banks as of May 1, 2026, with total assets of 238.82 billion UAH.

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Ukraine is in for heat wave next week; temperatures in Kyiv could reach 36 degrees

A significant increase in heat is expected in Ukraine early next week; in some regions, temperatures could approach levels that are dangerous for people in high-risk groups.
According to the forecast for Kyiv, after moderately warm days on June 26–27, temperatures will begin to rise rapidly. On Sunday, June 28, the capital is expected to reach around 36 degrees; on Monday, June 29, temperatures will also be around 36 degrees; and on June 30, around 33 degrees.
Such conditions can pose a serious challenge for people with cardiovascular diseases, the elderly, children, pregnant women, outdoor workers, and those in poorly ventilated spaces.
The heat is dangerous not only because of high air temperatures. Additional risk factors include high humidity, a lack of nighttime cooling, prolonged exposure to the sun, physical exertion, dehydration, alcohol consumption, and certain medications that can affect the body’s thermoregulation.
To reduce the risk of overheating, plan your day in advance: schedule physical activity and chores for the morning or evening, avoid being in the sun during the hottest hours of the day, drink water regularly—don’t wait until you’re very thirsty—and wear light, loose-fitting clothing in light colors along with a hat.
Indoors, it’s best to close windows and draw the curtains during the hottest part of the day if it’s hotter outside than inside, and to ventilate the room early in the morning, in the evening, and at night. It’s best to turn off electrical appliances that heat the air whenever possible. If you don’t have air conditioning at home, take a cool shower, use a damp towel or a fan while staying well-hydrated, or spend part of the day in cooler public spaces.
Given the war and potential power outages, Ukrainians should also stock up on drinking water in advance, charge their power banks, plan access to a cool place, and check on elderly relatives or neighbors who live alone.
Special care should be taken with children. They must not be left in a locked car, even for a few minutes. Children should be offered water more frequently, should avoid active play in the sun during midday, and should be monitored for signs of overheating—such as lethargy, intense thirst, headache, nausea, or unusual behavior.
People with chronic health conditions should consult their doctor in advance to find out how to manage during a heat wave, especially if they are taking medications for high blood pressure, cardiovascular disease, kidney disease, or other conditions that affect fluid balance.
Dangerous symptoms include confusion, loss of coordination, sudden weakness, fainting, high body temperature, slurred speech, severe headache, repeated vomiting, or a worsening of condition after attempts to cool down. In such cases, seek medical attention immediately.

 

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“Energoatom” Announced Tender for Compulsory Motor Vehicle Liability Insurance with Budget of Nearly 6 Mln UAH

On June 24, JSC “NAEK ”Energoatom” (Kyiv) announced a tender for compulsory motor vehicle liability insurance (OSAGO). According to the Prozorro electronic government procurement system, the total estimated cost is 5,982 UAH.

The deadline for submitting tender documents is July 6.

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Top five players in Ukraine’s insurance market by premiums for January–May 2026 have been determined

TAS Insurance Group once again became the leader of Ukraine’s insurance market in terms of premiums collected in January–May 2026, with a figure of 3.154 billion UAH (compared to 2.736 billion UAH for January–May 2025), according to data from the “PRIMA” information exchange project of the National Association of Insurers of Ukraine (NASU).

Compared to the same period a year earlier, ARKS Insurance Company retained second place among the market’s top five leaders with 2.546 billion UAH (2.254 billion UAH), with third and fourth places taken by ING Insurance Company—2.469 billion UAH (1.895 billion UAH) and Unica Insurance Company—2.434 billion UAH (1.977 billion UAH), which swapped positions. Meanwhile, VUSO Insurance Company dropped out of the top five, giving way to Arsenal Insurance Company with 2.391 млрд грн.

The top five companies in the mandatory motor vehicle liability insurance market, based on premiums written over the first five months of this year, included TAS Insurance Group—1.715 billion UAH (last year’s figure: 1.424 billion UAH), “Oranta”—1.308 billion UAH (1.272 billion UAH), “Knyazha VIG”—967.7 million UAH (926.5 million UAH), “Arsenal Insurance”—654.7 million UAH (previously not among the top 5 in compulsory motor third-party liability insurance), “INGO” – 510.1 million UAH (438.7 million UAH). Insurance Company ‘VUSO’ dropped out of the top 5 for MTPL.

There were minor shifts among the leaders in the “Green Card” market in terms of premiums collected during the specified period. It is led by PZU Ukraine Insurance Company – 527.4 million UAH (239.6 million UAH), which previously held third place, edging out TAS Insurance Group – 419.1 million UAH (529.5 million UAH), “USG”—278.7 million UAH (445 million UAH), which dropped from second to third place.
Insurance Company “Knyazha VIG,” with 156 million UAH (150.5 million UAH), remains in fourth place, while “VUSO” – 107.3 million UAH – has replaced Insurance Company “INGO.”

The ranking of Ukraine’s top 5 insurers for the first five months of 2026 was led by Insurance Company “Arsenal Insurance” with 1.233 billion UAH (949.2 million UAH for the first five months of 2025), swapping places with ARKS Insurance Company—1.224 billion UAH (1.074 billion UAH). Next are “Unica” Insurance Company—627.2 billion UAH (474.1 billion UAH), “VUSO” Insurance Company—617 million UAH (497.3 million UAH), which also swapped places, and “Universal” Insurance Company—557.2 million UAH (446.9 million UAH).

In the voluntary medical insurance (VMI) segment, as before, SK “UNIKA” leads with 1.017 billion UAH (934.9 million UAH), followed by SK “INGO” with 623 million UAH (465.3 million UAH), Insurance Company “Universal” – 507.6 million UAH (390 million UAH), Insurance Company “VUSO” – 492.3 million UAH (342.7 million UAH), and Insurance Company “ARKS” – 310.8 million UAH (278.8 million UAH), which have switched places.

As previously reported, as of May 1, 2026, there were 47 property and casualty insurers operating in the Ukrainian insurance market (52 as of the end of the first five months of 2025). Ten specialize in life insurance, and one has special status (“Export-Credit Agency”).

 

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Patients should choose an IVF clinic based on quality criteria, not promises of results — experts

Access to infertility treatment using assisted reproductive technologies under the medical guarantees program is an important support for Ukrainian families, but when choosing a clinic, patients should focus not on promises of results, but on the quality of the medical team, the laboratory, the transparency of the treatment plan and clear communication.

Assisted reproductive technologies, in particular in vitro fertilization, or IVF, are not a single procedure. This is an individually planned medical process that includes consultations, diagnostics, medication preparation, the embryological stage, safety monitoring and further observation.

The state finances infertility treatment using ART in medical institutions that have the relevant contract with the National Health Service of Ukraine. The medical guarantees program allows patients to receive such treatment free of charge if there are medical indications and if they apply to an institution that has a contract with the NHSU.

Within the program, specialist consultations, medication stimulation, ultrasound monitoring, egg retrieval, sperm preparation, in vitro fertilization, including with the use of ICSI, embryo cultivation, embryo transfer into the uterine cavity and monitoring of the patient’s condition until pregnancy is established may be provided.

The patient’s age at the time of the start of the cycle must be no more than 40 years. If the first cycle did not lead to pregnancy, the possibility of a repeated cycle during the year is determined by the conditions of the program and medical indications.

At the same time, the list of services, indications and organizational requirements may be updated. Before starting treatment, patients are advised to clarify with the clinic what exactly is included in the state package in a specific case, what studies may be required additionally and what decisions are made individually after a doctor’s consultation.

In reproductive medicine, the result of treatment is formed by the work of an entire team — a reproductive specialist, embryologist, andrologist, geneticist, anesthesiologist, ultrasound diagnostics specialist, medical coordinators and other specialists.

Experts emphasize that in this field it is unethical to promise a specific result. The probability of pregnancy and the birth of a child depends on the patient’s age, ovarian reserve, causes of infertility, sperm quality, the condition of the uterus and endometrium, genetic factors, previous reproductive history, the number of embryos obtained and other clinical circumstances.

Therefore, when choosing a clinic, patients should pay attention to the presence of a contract with the NHSU, the experience of the team, its own embryology laboratory, the quality management system, a transparent treatment plan, the possibility of genetic counseling according to indications, the availability of modern technologies, the quality of communication and the further medical route after embryo transfer.

The embryology laboratory has special importance. A significant part of the IVF process takes place precisely there: specialists work with eggs and sperm, carry out fertilization, cultivate embryos, assess their development and prepare them for transfer or cryopreservation.

It is important for patients to understand that the laboratory must work according to standardized protocols, ensure control of the environment and use systems that minimize the risk of errors when working with biomaterial.

Some additional technologies, such as time-lapse monitoring of embryo development or IMSI for more detailed morphological selection of sperm, may be useful in certain clinical situations. However, their use must be determined by medical indications and not be perceived as a universal guarantee of success.

Modern reproductive medicine may also include genetic counseling and preimplantation genetic testing of embryos. Such studies may be recommended in cases of known hereditary diseases in the family, carriage of genetic changes, chromosomal rearrangements in partners, repeated pregnancy losses or other medical indications.

At the same time, genetic testing does not exclude all possible medical risks and is not a guarantee of the birth of a healthy child. The decision to conduct it must be made individually after consultation with a doctor and a geneticist.

A comprehensive approach to infertility treatment may include additional examinations, correction of concomitant conditions, consultations with a geneticist, endocrinologist, gynecological surgeon or pregnancy management specialist. Therefore, for the patient, not only the availability of individual services is important, but also coordination between specialists, a clear treatment route and the preservation of medical documentation.

The Nadiya Clinic has been working in the field of reproductive medicine for more than two decades and provides services in Kyiv and Lviv. For patients considering treatment under the NHSU program, practical advantages may include the presence of a specialized team, an embryology direction, genetic counseling according to indications and a coordinated route from the initial consultation to further observation.

At the same time, the decision on treatment in any medical institution should be made after a personal consultation. It is precisely during the consultation that the patient can assess how clearly the treatment plan is explained to them, whether the specialists are ready to answer difficult questions, whether they take into account the individual history and how comfortable the communication with the team is.

Before the first consultation, patients are advised to prepare the results of previous studies, discharge summaries after operations or treatment, information about previous pregnancies, pregnancy losses or ART programs, if there were any.

It is also worth discussing in advance with the doctor the possible cause of infertility, the need for additional examinations, the stages that are included in the state package, possible additional decisions or expenses, indications for consultation with a geneticist, the procedure for communication with the team during treatment and realistic expectations specifically in a particular clinical situation.

The state infertility treatment program expands access to important medical care, but the quality of treatment depends not only on financing. It is determined by the accuracy of diagnostics, the coordination of the team, laboratory standards, honest communication and the patient’s right to receive clear information before every decision.

Nadiya Clinic is a medical institution specializing in reproductive medicine, infertility treatment and assisted reproductive technology programs. The clinic operates in Kyiv and Lviv, provides consultations with reproductive specialists and supports patients at different stages of treatment.

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