Business news from Ukraine

Business news from Ukraine

Express Insurance’s payments under compulsory motor third-party liability insurance rose by 16% in January

In January 2026, Express Insurance settled 250 insurance claims under compulsory motor third-party liability insurance (CMTPL), taking into account direct settlements in the amount of UAH 11.9 million, which is 16% more than in December 2025, according to the insurer’s website.

It is also noted that in 48% of cases, the victims filed insurance claims with the participation of the police, and another 52% were filed under the Europrotocol procedure, with the maximum compensation amounting to UAH 131,500. Among the insurance claims settled in December, the largest payout involving the police was UAH 296,000 for damage to health and UAH 250,000 for damage to property.

In cases settled under the Europrotocol procedure, the maximum compensation amount was UAH 176,500.

Express Insurance LLC was founded in 2008 with the participation of the leader of the Ukrainian automotive market, UkrAvto Group. The company specializes in auto insurance.

The company is represented in more than 60 sales outlets throughout Ukraine and is actively expanding its network of partner service stations, which currently number more than 140.

 

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Exhibition “Art at Turn of Seasons 2026” opens in St. Sophia Cathedral

Today, February 25, the interdisciplinary exhibition project “Art at the Turn of the Seasons 2026” opens at the ‘Khlibnya’ gallery of the National Reserve “Sofia Kyivska,” which will bring together the works of more than 50 artists, from recognized authors to new names, according to the organizers.

According to them, the project was prepared by the charitable organization “BF Dobre Serce Kyiv” in partnership with the reserve. Its concept is conceived as a trilogy dedicated to historical memory, international solidarity, and the continuity of the Ukrainian female artistic tradition.

The exhibition will consist of three thematic blocks. The first, “Between Fire and Silence,” is dedicated to reflections on life without heat during the frosty winter of 2026. The second, “United and Independent Ukraine: Emotions of Friends,” tells about the struggle of Ukrainians and the support of the international community; it is noted that the first presentation of this section took place in Kherson in August 2025. The third, “Fantastic Improvisations by Ukrainian Artists of the 21st Century,” focuses on decorativism and generational continuity and involves the use of modern technologies, including elements of augmented reality.

The opening of the project is scheduled for 4:00 p.m. at 24 Volodymyrska Street, Kyiv (Khlibnya Gallery).

The organizers note that the exhibition is intended to reflect on the experience of war, the transformation of society, and the role of art as a space for support, memory, and solidarity.

https://interfax.com.ua/news/culture/1147325.html

 

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Indian Prime Minister Modi calls on international community to shape “human-centered” future for artificial intelligence

Indian Prime Minister Narendra Modi called on the international community to shape a “human-centric” future for artificial intelligence and presented the MANAV framework for global AI governance at the AI Impact Summit 2026 in New Delhi.

According to Modi, AI has the potential to accelerate change to a scale that was previously measured in decades, so it is crucial to adopt an approach where technology serves people, not the other way around, and where the well-being of society is at the center.

Within the framework proposed by India, MANAV (meaning “human”), the prime minister outlined five pillars: moral and ethical principles, accountable governance, respect for national sovereignty over data, accessibility and inclusiveness, and the legality and verifiability of AI systems.

Modi separately emphasized the need to counter deepfakes and disinformation, proposing the introduction of common standards for labeling digital content, including watermarks and source verification, and stressed the importance of protecting children when interacting with AI.

As examples of the practical application of AI in India, he cited the digital assistant for farmers, Sarlaben, which, according to him, provides advice on livestock health and dairy farm productivity, as well as initiatives for multilingual consultations for farmers, including Bharat-VISTAAR.

The Prime Minister also said that as part of the India AI Mission, India is rolling out computing infrastructure and a national repository of data and models to make access to capabilities cheaper for startups and accelerate the development of the AI ecosystem.

Full version of Modi’s address

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Ukraine dropped to 95th place in the 2026 Common Sense Economy Index

The International Liberty Institute (ILI) has presented its updated 2026 Common Sense Economy Index, a ranking that assesses the quality of governments’ economic policies and the adequacy of their decisions in terms of basic development axioms. According to this year’s results, Ukraine scored 24 points, dropping from 89th to 95th place and remaining in the fourth group of countries.

“The Common Sense Economy Index is a unique development for Ukraine, which makes it possible to assess the ”economic IQ” of public administration. In this case, by government, we mean not only the Cabinet of Ministers, but the entire decision-making process, which includes central and local authorities, legislators, the executive branch, politicians, deputies, and policymakers, i.e., everyone who actually influences the country’s economic policy,” said Mykhailo Kamchatnyi, director of the International Institute for Liberty, at a press conference at Interfax-Ukraine on Wednesday.

In total, 144 countries were included in the 2026 Index, which were structured into five groups based on their final scores. Ukraine received 581 points, a 24-point decline from the previous year. In the final ranking, it found itself between Rwanda and Gambia. At the presentation itself, this was described as a “diagnosis” of economic policy: the country is in the fourth group – the group of “rare manifestations of intelligence,” that is, in an area where individual decisions may be rational, but the systemic quality of policy remains weak.

“For Ukraine, this index is primarily a diagnosis, because we are in 95th place out of 144 countries, in the group with rare manifestations of wisdom in economic policy, and this is a signal that the economy must be taken much more seriously, even during wartime. If we want to be competitive with Central and Western European countries, attract capital, investment, and jobs, we must not reinforce misguided tax and regulatory decisions, but rather make institutions more attractive and consistently change economic policy,” emphasized Yaroslav Romanchuk, president of the International Liberty Institute.

In their presentation, ILI representatives emphasized that the Common Sense Economy Index is an aggregate indicator based on 15 axioms (e.g., it is better to be free than unfree; rich than poor; healthy than sick) and six international indices covering key parameters of a country’s development. These include human freedom, economic freedom, protection of property rights, rule of law, prosperity, and innovation. The presentation also separately mentioned the business climate, competition, quality of public administration, social protection, environment, and infrastructure as components of the assessment logic.

The speakers also explained the technical principle whereby a lower score means a better result, and the model’s range is from a conditional ideal of 6 points to 902 points (the worst positions in all indicators). After that, all countries are divided into five groups, from “smart decision-making governments” to the group with the worst results.

Switzerland became the new leader in the ranking, which the ILI calls an example of a government focused on science, facts, and a qualitative assessment of the country’s potential. Ireland, which rose five positions at once, is also among the top three leaders. Finland, New Zealand, the Netherlands, and Sweden have fallen in the top 10, while Luxembourg and Australia have improved their results. According to the ILI, the US and Germany have maintained their positions.

During the presentation, the speakers also highlighted Switzerland, Denmark, and Ireland as examples of countries where high positions in the index correlate with quality of life, institutional stability, and long-term economic growth.

In his speech, Yaroslav Romanchuk stressed that Ukraine needs not only to focus on security and defense capabilities, but also on a “common sense economy” framework that would not conflict with the goal of development even during wartime. He directly linked this to competition for capital, participation in value chains, and the creation of conditions under which Ukrainians would be motivated to work and develop business in Ukraine.

Among the problem areas mentioned in the presentation were Ukraine’s low rankings in certain international indicators, particularly the Human Freedom Index and the Economic Freedom Index, while its position in terms of property rights protection was assessed as relatively better (within the top 100). At the same time, the speakers drew attention to the weak parameters of public administration and regulatory policy.

The speakers also cited Estonia and the Czech Republic, post-socialist countries that are among the top performers, as important benchmarks for Ukraine. Their experience was presented as an example of a long, consistent course toward liberalization, competitive institutions, and integration into European production chains.

The presentation also focused on inflation, debt burden, public sector size, regulatory pressure, and quality of public administration as factors that directly affect investment and long-term growth. For Ukraine, these issues were presented as part of a broader problem—a lack of systemic economic rationality in policy-making.

“The 2026 Common Sense Economy Index is, in essence, a universal tool for assessing socio-economic development, economic growth, and the quality of institutions that any government can use. We see it both as a tool for economic education and as a practical guide for policymakers to see how specific institutional and regulatory factors affect the country’s development and social indicators,” Yaroslav Romanchuk concluded.

Over 50 artists will be brought together by an exhibition project at St. Sophia Cathedral in Kyiv

Today, February 25, the Khlibnya Gallery of the National Reserve “St. Sophia of Kyiv” is launching an interdisciplinary exhibition project called “Art at the Turn of the Seasons 2026,” which will bring together the works of more than 50 artists, from recognized authors to new names, according to the organizers.

У Софії Київській стартує виставковий проєкт "Мистецтво на зламі сезонів 2026"

According to them, the project was prepared by the charity organization “BF Dobre Serce Kyiv” in partnership with the reserve. Its concept is conceived as a trilogy dedicated to historical memory, international solidarity, and the continuity of the Ukrainian female artistic tradition.

The exhibition will consist of three thematic blocks. The first, “Between Fire and Silence,” is dedicated to reflections on life without heat during the frosty winter of 2026. The second, “United Independent Ukraine: Emotions of Friends,” tells about the struggle of Ukrainians and the support of the international community; it is noted that the first presentation of this section took place in Kherson in August 2025. The third, “Fantastic Improvisations by Ukrainian Artists of the 21st Century,” focuses on decorativism and generational continuity and involves the use of modern technologies, including elements of augmented reality.

The opening of the project is scheduled for 4:00 p.m. at 24 Volodymyrska Street, Kyiv (Khlibnya Gallery).

The organizers note that the exhibition aims to reflect on the experience of war, the transformation of society, and the role of art as a space for support, memory, and solidarity.

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Ukraine is ready to open grain hub in Ghana and develop agricultural product processing

Ukraine has confirmed its readiness to open a food grain hub in Ghana and is interested in joint projects for the processing of agricultural products, Ukrainian Foreign Minister Andriy Sybiga said following talks with his Ghanaian counterpart Samuel Okudzeto Ablakawa in Kyiv on Wednesday.

During the meeting, the parties discussed strengthening global food security and developing agricultural partnerships. Sybiga emphasized that Ukraine considers Ghana a key partner in West Africa and is ready to remain a reliable supplier of agricultural products to the region.

“Ukraine is ready to remain a reliable supplier of agricultural products and at the same time is interested in joint projects with added value, particularly in the field of processing and logistics,” said the head of the foreign ministry.

As reported, in July 2025, Ukrainian President Volodymyr Zelensky held a telephone conversation with Ghanaian President John Dramani Mahama on cooperation in the agricultural industry. The presidents agreed to expand practical cooperation, particularly in the construction of a logistics hub for food storage. Zelensky also confirmed his intention to send a Ukrainian delegation to Ghana to work on these projects.

Ghana has consistently supported Ukraine’s territorial integrity, including by voting in favor of the UN General Assembly resolution “Support for sustainable peace in Ukraine” on February 24, 2026.

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