Insurance company Arsenal Insurance (Kyiv) paid out UAH 1.26 billion to customers in January-September 2025, which is 30% more than in the same period last year, the company reported on its Facebook page. Payments for September amounted to UAH 184 million.
“This is a record monthly amount of payments in the company’s history. This is more than UAH 8 million in insurance payments daily,” the statement said.
The amount of insurance premiums collected for the first nine months of this year amounted to UAH 3.45 billion (which is 58.9% more than for the first nine months of 2024 – UAH 2.174 billion).
Arsenal Insurance is a non-life insurance company with 100% Ukrainian capital. It has been operating since 2005. At the end of 2024, it entered the TOP 6 in terms of gross premiums among non-life insurers in Ukraine.
On the night of October 10–11, the cryptocurrency market experienced its largest one-day crash: approximately $19 billion in positions were liquidated in 24 hours. Bitcoin plummeted from record highs (around $122–126 thousand) to the $104–110 thousand range. Ethereum also lost a significant portion of its growth, falling more than 10% from its peak values.
Altcoins were particularly hard hit, with some falling by 20-30% or more.
The reasons for this collapse are linked to geopolitical shock (Trump’s announcement of 100% tariffs on Chinese technology), a cascade of liquidations in the leveraged sector, and panic among participants.
After the collapse, there has been an attempt at recovery: Bitcoin rose above $114,000 on the wave of a partial return of liquidity. However, the dynamics remain turbulent: resistance and support levels are constantly being tested. The total capitalization of the crypto market has fallen below $3.8 trillion. The decline has affected almost the entire market — most of the top 100 assets are trading in negative territory.
From the analysts’ point of view, the current correction is more controlled than panicked — market participants are taking profits and clearing overbought positions rather than fleeing the asset.
The US Federal Reserve (Fed) has expressed concern about the stability of the financial system and the risks associated with the growth of the stablecoin sector. The G20 Financial Stability Board (FSB) has highlighted “significant gaps” in the regulation of cryptocurrencies, especially in the cross-border aspect. The PYUSD/Paxos/PayPal case, where $300 trillion in tokens were accidentally issued due to a technical error, served as a reminder of how much centralized issuers control the mechanism of creating/destroying balances.
These facts reinforce the argument that market maturity and trust go hand in hand with regulatory development.
Source: https://www.fixygen.ua/news/20251020/obzor-rynka-kriptovalyut-ot-fixygen.html
Polish fashion brand Sinsay, owned by the large retail group LPP, has opened a store in Dolynska (Kirovohrad region), which is its 350th store in Ukraine, according to Vladislav Druhov, regional sales director at LPP Ukraine.
“We are proud to have opened our 350th Sinsay store in Ukraine right in the heart of Dolynska! This achievement is more than just a number; it is a testament to the passion, dedication, and teamwork of every person who has been part of our journey, from our store and regional teams to logistics, construction, leasing, and support departments,” he wrote on LinkedIn.
As reported, the Polish group LPP, which owns the Reserved, Sinsay, and other brands, plans to double the number of its stores worldwide over the next three years, focusing on the budget brand Sinsay and the overall growth of the company’s sales. There are plans to have a network of 4,400 stores by the end of 2025.
According to the Sinsay website, there are 350 stores operating in Ukraine, with seven more set to open by the end of October.
At the end of 2024, the group’s sales grew by 14.8% to PLN20 billion, and net profit by 5.6% to PLN1.7 billion.
Turkish chain English Home, which sells home goods and decor, is ending its operations in Ukraine and beginning the process of transferring its retail spaces to a local franchise partner. The reasons for this are a decline in the number of customers, falling sales, and high rental costs, according to NV Business.
According to the publication, the chain’s main target audience was women aged 20-40 with children, and with the start of the war, a significant part of this group left the country, which led to a decline in demand. At the same time, the operating company in Ukraine, EHM Ukraine LLC, managed to show revenue of UAH 281.6 million in 2024, which is 4.1% less than in 2023. At the same time, the annual loss reached UAH 43.1 million, which is 47.5% more than in the previous year.
One factor complicating business operations is that the British brand’s stores are located primarily in premium shopping centers, where rental rates remain high and are not offset by the decline in customer traffic. As noted by Yavuz Bekar, Director of International Sales at English Home, “our business operations in Ukraine were not profitable.”
English Home was founded in Turkey in 2008 and is managed by Turgut Aydın Holding. The brand offers collections of British-style home textiles and decor in pastel and muted shades. As of October 2020, there were 33 retail outlets in Ukraine.
Vodafone Group and Ukraine’s second-largest mobile operator, VF Ukraine (Vodafone Ukraine, VFU), will begin construction of a new high-speed submarine cable system in the Black Sea, creating a digital corridor between Europe and Asia, according to a company release on Monday.
It is noted that the Kardesa submarine fiber-optic communication network will connect Ukraine, Bulgaria, Georgia, and Turkey. The first cable landing is planned in Bulgaria in 2027, followed by Turkey, Georgia, and Ukraine.
In a Telegram channel, First Deputy Prime Minister and Minister of Digital Transformation Mykhailo Fedorov specified that the project budget is over EUR100 million.
The mobile operator added that the general contractor for the project will be Xtera, a company that implements high-performance turnkey underwater telecom solutions and builds and commissions advanced underwater cable systems in more than 60 countries around the world.
“One of the key points of our Strategy for the Development of Electronic Communications until 2030 is to build more international Internet highways to create a sustainable Internet in Ukraine,” Fedorov emphasized.
According to him, thanks to this communication line, the Black Sea region will receive an additional 500 terabits/s of Internet bandwidth.
“Submarine cables provide 97-98% of international Internet traffic, so this project is important for the development of the digital ecosystem of the entire region,” Fedorov wrote.
The first deputy prime minister specified that the project will ensure digital sovereignty and the stability of telecommunications infrastructure, investments in the telecom sector, high-speed and secure internet for Ukrainians, and will also serve as a link in internet traffic between Europe and Asia, bypassing Russia.
As reported, Vodafone Ukraine reduced its net profit by 13% in the first half of 2025 compared to the same period last year, to UAH 1.705 billion, while its revenue grew by 15%, to UAH 13.518 billion.
In the first half of the year, the company increased its investments by 66% compared to the same period in 2024, investing more than UAH 3.5 billion in critical infrastructure, and in total, over 3.5 years of full-scale war, investments in Ukraine reached almost UAH 19 billion. In the structure of investments in the first half of this year, 51% is accounted for by the construction and restoration of the network, as well as its preparation for operation during blackouts, 31% – network maintenance, 11% – fixed communications development, and 4% – the billing exchange program.
Vodafone Ukraine has been part of NEQSOL Holding since December 2019.
Ukrnafta JSC paid UAH 22.5 billion in taxes and UAH 5 billion in dividends to the state in January-September 2025, the company said on Monday, citing acting chairman of the board Yuriy Tkachuk.
“Thank you to the entire 20,000-strong team at Ukrnafta – the people who ensure stable production, network development, scientific research, and innovation even in the most difficult conditions,” he said.
Ukrnafta JSC is Ukraine’s largest oil producer and operator of the largest national network of gas stations, UKRNAFTA. In 2024, the company entered into an asset management agreement with Glusco. In 2025, it completed a deal with Shell Overseas Investments BV to purchase the Shell network in Ukraine. In total, it operates 663 gas stations.
The company is implementing a comprehensive program to restore operations and update the format of its network of gas stations. Since February 2023, it has been issuing its own fuel vouchers and NAFTA cards, which are sold to legal entities and individuals through Ukrnafta-Postach LLC.
The largest shareholder of Ukrnafta is Naftogaz of Ukraine with a 50%+1 share. In November 2022, the Supreme Commander-in-Chief of the Armed Forces of Ukraine decided to transfer to the state the corporate rights of the company that belonged to private owners and is now managed by the Ministry of Defense.
