UKRNAFTA, Ukraine’s largest network, has completed the rebranding of petrol stations that previously operated under the Shell brand, which is an important step for the company and the development of its retail infrastructure.
“The completion of the Shell rebranding is another important step in the formation of a modern, efficient, and competitive UKRNAFTA network,” Ukrnafta JSC said in a press release on Friday.
The stations have undergone a complete rebranding, including the interior, exterior, identity, retail space, and zoning. All gas stations have been brought up to UKRNAFTA’s uniform standards for floor plans, layout, service processes, and category management. The customer journey has been unified, coffee and food areas have been revamped, service has been standardized, etc.
“Today, all 663 UKRNAFTA gas stations operate as a single operating system — the largest fuel retail network in Ukraine,” the company noted.
Ukrnafta, in particular, has significantly strengthened its presence on key highways, in Kyiv, and in strategically important regions.
The company claims that stations that have undergone the transformation from Shell to UKRNAFTA are already showing growth in fuel sales and significant growth in non-fuel product groups, such as food, coffee, and non-food items.
“Today, UKRNAFTA is the most dynamically growing network of gas stations in the country: it is already in the top three in terms of fuel sales and is moving towards a leading position,” the statement said.
Full standardization makes the retail direction more structured and predictable in terms of operations and economic indicators, the company notes.
As reported, in January 2025, the Antimonopoly Committee of Ukraine granted PJSC Ukrnafta permission to purchase more than 50% of the shares of Alliance Holding LLC, which operates the Shell gas station network in Ukraine.
The joint venture between Shell and Mussa Bazhaev’s Russian Alliance Group to manage the gas station network in Ukraine began operations in August 2007. Shell owned a 51% stake in the joint venture, while Alliance owned 49%. Alliance transferred about 150 gas stations to the joint venture, while Shell contributed cash, licenses, and the brand.
In 2014, it became known that sanctioned Russian businessman Eduard Khudainatov had bought Bazhaev’s oil assets. In June 2022, he was sanctioned by the European Union, and in October 2022, by Ukraine.
In October 2023, the Ukrainian Ministry of Justice filed a lawsuit with the High Anti-Corruption Court of Ukraine to recover Khudainatov’s assets for the state. As a result of the proceedings, 49% of Alliance Holding was recovered for the state. In April 2024, this share was transferred to the State Property Fund.
In November 2024, Overseas Investments, part of the Shell group of energy and petrochemical companies, registered 51% of the authorized capital of Alliance Holding in accordance with the decision of the Appeals Chamber of the High Anti-Corruption Court.
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 NAFTAKarta 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, which is now managed by the Ministry of Defense.
Ukrainian boxer Oleksandr Usyk tops the updated ranking of the world’s top 10 boxers published by The Ring.
It is noted that Usyk last entered the ring in July 2025, winning by knockout in the fifth round against Britain’s Daniel Dubois and becoming the undisputed world heavyweight champion. Later, in November, Usyk voluntarily vacated the WBO belt.
In the updated rankings, Usyk rose from second place to first after American Terence Crawford ended his career. In general, all boxers in the rankings moved up one position, while American Oscar Collazo, the WBA and WBO world champion in the minimumweight division, entered the top 10.
Thus, the top three boxers in the world are Ukrainian Oleksandr Usyk, who competes in the heavyweight division, Japanese Naoya Inoue, who competes in the featherweight division, and American Jesse Rodriguez, who competes in the lightweight division.
PJSC HC Kyivmiskbud received additional capitalization in the amount of UAH 2.56 billion and renewed its management team, according to the company’s press service.
As noted in the release, thanks to the support of the Kyiv City Council, the Kyiv City State Administration, and the mayor of Kyiv, PJSC HC Kyivmiskbud received additional capitalization in the amount of UAH 2.56 billion and is moving on to the next stage of its anti-crisis plan. In particular, the supervisory board has been strengthened, with Petro Panteleev, acting first deputy head of the Kyiv City State Administration, appointed as its new chairman.
The supervisory board also decided to change the company’s management board. Valery Zasutsky, a professional builder and member of the National Association of Builders of Ukraine, has been appointed as the new chairman of the management board.
“These steps are necessary for the further implementation of the company’s anti-crisis plan in 2026, in particular, to stabilize the company’s financial condition; establish more transparent communication and productive cooperation with investors; and gradually resume construction on the company’s facilities.
Communication with the government has also been strengthened to resolve the issue of compensating Kyivmiskbud PJSC with UAH 2.28 billion for the Ukrbud facilities transferred to the company,” the release said.
According to the Serbian Economist, Croatia is officially reintroducing compulsory military service on January 1, 2026 after a 17-year hiatus.
According to changes to the Defense Law approved by the Croatian Parliament in October 2025, the country is introducing two months of basic military training for conscripts amid rising tensions in Europe and the Balkans.
According to Ministry of Defense clarifications and government communications, the mandatory service will apply to men, primarily young men born in 2007 and onward, while women will be able to participate on a voluntary basis. The first calls for medical examinations are scheduled to be sent out at the end of December, while the first conscripts will enter military units in March 2026.
Basic service (temeljno vojno osposobljavanje) will last two months and include handling personal weapons, use of modern equipment, first aid and basic self-defense skills.
Recruits will receive about 1,100 euros per month (2,200 euros for the entire term of service), with payment for food, accommodation and travel; the time of service will be counted in the employment record. For conscientious objectors, civilian service in the civil protection system for up to three or four months with a lower payment (about 250 euros per month) is envisaged.
Previously, compulsory conscription in Croatia was abolished in 2008 amid the transition to a professional army and NATO membership. The authorities explain the decision to return military service by the need to strengthen defense capabilities and prepare the population to act in crisis situations against the backdrop of Russia’s war against Ukraine and the general growth of instability in the region.
https://t.me/relocationrs/2005
Developer Perfect Group has commissioned more than 60 thousand square meters of housing in 2025, the press service of the company told the agency “Interfax-Ukraine”.
“In 2025 we actively worked on a number of Residential Complexes within the consolidated portfolio: we completed Residential Complex ”7 KVARTAL“ house 7.2, Residential Complex ”Swan Guest House“ and put into operation lines in Residential Complex ”Likograd”. We are actively working on projects, among which are apart-hotel “VELMY”, Residential Complex ‘Stanford’ and Club House “LA MANCHE”, – said the head of Perfect Group projects Alexey Koval.
In particular, according to his data, the total area of the commissioned house in “7 KVARTAL” is 21 thousand 605,0 sq. m., there are 288 apartments with the area of 16 thousand 18,4 sq. m. in it. Residential Complex “Likograd” total area is 31 thousand 691,9 sq. m., the area of 384 apartments is 25 thousand 199,5 sq. m. LCD “Swan Guest House” – total area of 8 thousand 264.5 sq. m., 163 apartments totaling 7 thousand 889.4 sq. m.
“The peculiarity of the year – realization in conditions of increased requirements to safety and autonomy of houses, therefore a part of technical solutions were specified already in the process of construction”, – Koval emphasized.
According to him, among the practical changes that have become “the new norm”: strengthening of engineering solutions for the operation of the house during power outages (backup power supply of critical systems, optimization of ITP/pumping equipment), additional fire safety measures and for the organization of evacuation, as well as a more systematic approach to barrier-freeness in common areas (entrances without thresholds, convenient routes to elevators, width of passageways, navigation).
“Some of the solutions were refined to take into account the availability of materials/logistics and the safety situation, but the overall concept of project quality was retained,” he says.
Next year, the company expects a cautious increase in market activity, provided the safety situation is relatively stable and demand financing tools are maintained/expanded.
“Our focus is on projects with proven liquidity, phased queues and clear economics. We are planning to fully complete the 7 KVARTAL Residential Complex, bring the LA MANCHE Residential Complex to the final stage, and introduce the first stages of the Standford Residential Complex. From new projects – LCD “New Tone”, – said Koval.
As for prices, he believes, their cost price will be primarily influenced by the wage factor. “We have already faced a catastrophic shortage of labor in the Ukrainian market. We are actively working on labor contracts with foreigners for contract work, including the search for workers in India and a number of other countries,” Koval said.
In addition, the project manager added, the cost of production is pressured by the cost of energy, logistics and import-dependent positions. A separate item is the tightening of requirements for engineering systems and security.
“Our base scenario is cost of production growth within 15-20% y/y, but the range will depend on the exchange rate, material prices and the situation on the labor market. We are building in a margin of safety through longer contracts with contractors, optimizing design solutions without sacrificing quality and planning critical material purchases ahead,” said Kowal.
Founded in 1991, Perfect Group has delivered 45 homes since 2010, with 18 homes under construction.
On December, 23rd Kharkivoblenergo JSC announced about the intention to conclude with IC VUSO (Kiev) the contract for the purchase of services of compulsory insurance of civil liability of owners of land vehicles (OSAGO).
According to the message in the system of electronic public procurement Prozorro, the price offer of the company – the only participant of the tender corresponded to the expected cost of purchasing services of UAH 423.5 thousand.
IC “VUSO” was founded in 2001. It is a member of ITSBU and NASU, a participant of the Agreement on direct settlement of losses and a member of the Nuclear Insurance Pool.
INSURANCE, Kharkovoblenergo, Motor transport, MTPL insurance, VUSO
