On July 17, the state-owned enterprise “Boryspil International Airport” (Kyiv) announced a tender for liability insurance for business entities operating at high-risk facilities, according to the Prozorro electronic public procurement system.
The estimated cost of the services is 94,400 UAH.
The deadline for submitting bids is July 27.
The Ministry of Agrarian Policy and Food of Ukraine, in collaboration with insurance companies, the agribusiness sector, and relevant government agencies, is developing additional mechanisms for insurance protection of port logistics and agricultural products against military risks, the ministry’s press service reported.
Taras Vysotsky, Minister of Agrarian Policy and Food of Ukraine, noted that the extent of damage to port infrastructure, logistics facilities, and agricultural products resulting from the recent massive attacks requires further improvement of existing support mechanisms.
“Maritime exports are critical for Ukraine’s agricultural sector and economy. Amid intensifying Russian attacks, businesses must have clear and accessible protection tools,” the minister’s press service quoted him as saying.
Meeting participants paid particular attention to state mechanisms for supporting businesses in the area of military risk insurance, which are implemented by the Export-Credit Agency of Ukraine.
Currently, companies can take advantage of two instruments. The first is partial compensation for the cost of property damaged or destroyed as a result of armed aggression by the Russian Federation. The maximum compensation amount is up to 30 million hryvnias for companies operating in 10 high-risk regions.
The second instrument is compensation for insurance premiums under military risk insurance policies. The state compensates for the portion of the insurance cost exceeding 1% of the insurance rate, up to 3 million UAH, which allows businesses to significantly reduce the cost of insuring their production assets.
The Ministry of Agrarian Policy noted that the stable operation of the Ukrainian Maritime Corridor is critically important for the agricultural sector, as it ensures the export of products, foreign currency inflows to the budget, and supports global food security. Since the corridor opened in August 2023, 209 million metric tons of cargo have been exported through Ukrainian ports, of which 123 million metric tons were grain products.
Agricultural exports, INSURANCE, MINISTRY OF AGRARIAN POLICY, of which 123 million metric tons were grain products., PORT, PORTS, ЭКА
Tokyo, previously considered one of the world’s most expensive cities, has become one of the most affordable major cities among developed economies, according to a Deutsche Bank study.
Rent for a three-bedroom apartment in the Japanese capital is about a quarter of the cost of similar housing in New York. Buying an apartment costs about one-third as much as in Hong Kong or Seoul, and nearly half as much as in London.
Dinner for two in Tokyo costs less than in Warsaw or Prague, and is about three times cheaper than in Zurich and New York. Japan also turned out to be the cheapest of the markets surveyed for buying an iPhone, including taxes.
The main reason for the change in Tokyo’s international standing was the weakening of the yen. Since 2012, the Japanese currency has lost about 51% of its value against the dollar, while the cumulative increase in domestic prices was significantly lower.
As a result, the estimated price level in Japan based on purchasing power parity fell from 125 points in 2012 to approximately 60 points.
Japan has become more affordable for foreign tourists and those earning income in dollars or euros. However, for the local population, the weak yen means higher costs for imports and travel abroad.
Luxembourg has retained first place for the second year in a row in the global quality of life ranking compiled by the Deutsche Bank Research Institute.
Copenhagen took second place, and Amsterdam came in third. Vienna and Munich tied for fourth place, followed by Frankfurt, Helsinki, Geneva, Zurich, and Edinburgh.
The ranking takes into account purchasing power, safety, healthcare, cost of living, housing affordability, commute time, environmental pollution, and climate.
Cities in Western and Northern Europe dominate the top ten. At the same time, the world’s largest financial centers ranked significantly lower: Paris came in 43rd, New York 46th, London 47th, and Hong Kong 55th.
Their rankings are dragged down by expensive real estate, high living costs, long commutes, and environmental issues. Thus, high salaries alone do not guarantee a city’s leadership in quality of life.
Turkey ranked first among the 41 economies surveyed in terms of the price of Apple’s new smartphone, according to a report by the Deutsche Bank Research Institute.
The 256 GB iPhone 17 Pro sells for approximately USD2,592 in the country—2.2 times more expensive than in the U.S. Japan and South Korea were the only markets where the device was cheaper than in the U.S.
The study’s authors attribute the smartphone’s high price in Turkey to taxes, import costs, and the long-term weakening of the Turkish lira.
Istanbul also ranked fourth among 69 cities in terms of the cost of a Volkswagen Golf 1.5. The car’s price is estimated at USD49,121, which is approximately 39% higher than in New York. The car is more expensive only in Singapore, Tel Aviv, and Copenhagen.
The average net monthly salary in Istanbul is about USD1,173. Rent for a three-bedroom apartment is estimated at USD1,943, for a one-bedroom apartment at USD968, and the cost of purchasing a home in the city center is approximately USD3,087 per square meter.
Thus, certain imported consumer goods in Turkey may cost more than in countries with significantly higher per capita incomes.
PJSC “Centravis Production Ukraine” (Centravis Production Ukraine, Nikopol, Dnipropetrovsk Oblast), a subsidiary of Centravis Ltd., reported a 6.6% increase in production for January–June of this year—from 6,770 metric tons to 7,220 metric tons;
According to a press release on Monday, exports in monetary terms increased by nearly 15%—from 2.56 billion UAH to 2.94 billion UAH; the amount of taxes paid rose by nearly 11% to 361.5 million UAH.
“The first half of the year was another challenging period for us, one that put the entire team to the test. First and foremost, this was due to the security situation in Nikopol, where our main production facilities are located. The situation remains consistently difficult, and so far there is no reason to expect a significant improvement in the near future,” said the company’s CEO, Yuriy Atanasov.
According to him, in June, the EU—one of the company’s key markets—decided to significantly restrict opportunities for exporting Ukrainian steel products. Specifically, the EU set a quota of 6,524 metric tons for Ukrainian seamless stainless steel pipes, even though Ukraine exported 11,306 metric tons last year. “In effect, a single regulatory decision has closed off nearly half of the European market for us. The consequences of this decision could be extremely painful for both the company and the Ukrainian economy,” the CEO stated.
He added that the new trade restrictions could significantly impact Centravis’s production figures in the second half of the year. The market for seamless stainless steel pipes is quite conservative, and finding and attracting new customers in other regions takes time. One consequence of the new trade restrictions was the company’s decision to mothball its production facility in Uzhhorod—which is largely geared toward EU customers—starting September 1.
At the same time, the company plans to continue diversifying its supply geography by stepping up its efforts in the U.S., Latin American, and Middle Eastern markets, where Centravis has sales offices.
As previously reported, Centravis increased its pipe production by 6% in Q1 2026—from 3,210 metric tons in the first quarter of 2025 to 3,400 metric tons in the first quarter of 2026. Export volumes grew even more—by 10%, from 1.24 billion UAH to 1.37 billion UAH. The company also increased its tax payments to budgets at various levels.
In the first three months of 2026, “Centravis” paid 170.6 million UAH in taxes, which is 19% more than during the same period last year.
In 2025, the company produced 13.77 thousand metric tons of products. Almost the entire volume is exported to foreign markets. The company’s main markets remain Europe, the United States, and the Middle East.
Centravis’s production facilities are located in Nikopol and Uzhhorod. The company also has sales offices in the United States, Germany, Italy, Switzerland, Poland, and the United Arab Emirates.
Centravis was founded in 2000 and ranks among the top ten largest manufacturers of seamless stainless steel pipes in the world. Its main production facilities are located in Nikopol (Dnipropetrovsk Oblast). In 2023, the company opened a branch in Uzhhorod.
The Centravis Ltd. holding company was established on the basis of CJSC “Nikopol Stainless Steel Pipe Plant” and the service and trading companies of LLC “Production and Commercial Enterprise ‘YUVIS’.” Its shareholders are members of the Atanasov family. Centravis Ltd. owns 100% of the shares in Centravis Production Ukraine PJSC.
