The Mediterranean Shipping Company (MSC) shipping group, headquartered in Geneva and one of the world’s largest, has acquired a 51% stake in the TIS container terminal at the Port of Pivdennyi, according to a report by Latifundist citing data from YouControl.
According to YouControl data, the largest beneficial owners of TIS are MSC owners Diego and Alexa Aponte, each holding 25.5%.
In March of this year, it was reported that global container operator DP World sold its stake in the TIS container terminal nearly six years after acquiring it; the TIS Group bought it back.
According to DP World’s annual report, it owned a 51% stake in TIS Container Terminal Limited, listed as a multipurpose terminal.
According to YouControl, other owners and beneficiaries of the TIS container terminal include Alexey Fedorichev and his “Fedkom Invest SAM” – 18.375%, Oleg Kutateladze – 9.19%, and brothers Yegor Grebennikov and Andrey Stavnitser – 11.72% and 9.72%, respectively.
Viktor Berestenko, President of the Association of International Freight Forwarders of Ukraine, confirmed this information in a comment to Latifundist and noted that MSC’s arrival could, to some extent, intensify competition among container terminals and provide a boost to the development of port infrastructure in Ukraine.
As reported in May 2025, Medlog, a subsidiary of MSC, acquired from Grebennikov a 50% stake in the intermodal logistics operator N’UNIT and a 25% stake in the cross-border terminal “Mostiska.”
In 2024, MSC announced the completion of a deal to acquire a 49.9% stake in the German logistics group Hamburger Hafen und Logistik AG (HHLA), which operates the Odessa Container Terminal (OCT).
The TIS Terminal Group is the largest stevedoring operator in Ukraine. The group comprises five terminals: “TIS-Container Terminal,” “TIS-Coal,” “TIS-Ore,” “TIS-Grain,” and “TIS-Mineral Fertilizers.” The group also owns and operates the largest infrastructure network, which includes a railway station.
According to information on the TIS Group website, the container terminal is the longest (600 m) and deepest (15 m) container terminal in the country. Its container handling capacity is 8 million tons/400,000 TEU per year. In 2021, Maersk consolidated all of its port calls in Ukraine at this terminal.
According to data from the YouControl system, the revenue of Pivdennyi Container Terminal LLC in 2025 decreased by 24.8% to 840.78 million UAH, while net profit fell by 2.8 times to 208.35 million UAH.
At a meeting on April 29, the shareholders of Inter-Polis Insurance Company (Kyiv) approved a resolution to allocate 25.5% of the net profit for 2025 to dividend payments, amounting to UAH 5 million.
As the company reported in the disclosure system of the National Securities and Stock Market Commission (NSSMC), on May 22, 2026, the company’s supervisory board also adopted a decision establishing the date for compiling the list of persons entitled to receive dividends, as well as the procedure and deadline for their payment.
The dividend per share is UAH 58.6421. The dividend payment period is until October 28, 2026 (inclusive).
As reported, in 2025, the company earned a net profit of UAH 19.603 million.
IC “Inter-Polis” was founded in 1993.
As reported, the shareholders of Inter-Polis are JSC Ukrzaliznytsia (50.0041%) and Yevhen Chernyak (24.715%), two individuals holding stakes of 6.25% and 6.18%, and Rent Estate Company LLC – 6.29%.
According to Serbian Economist, five representatives from Ukraine and 45 other young filmmakers from 13 countries in Southeast Europe and the Caucasus have been selected for the international Talents Sarajevo 2026 program. The program will take place as part of the 32nd Sarajevo Film Festival from August 14 to 21.
“In total, the organizers received 632 applications. The theme of this year’s program is ‘Reality, Rewritten’,” the organizers stated.
Five representatives from Ukraine are among the program participants. Yelyzaveta Toptygina and Kyrylo Zemlyanyy will join the Directors Summit, Anastasia Zakhilko will join the Producers Summit, Anna Mikheenko will join the Editing Studio, and Yana Dudko will join the Talent Press.
Participants will work in eight professional sections: Directors Summit, Producers Summit, Acting Studio, Camera Studio, Editing Studio, Pack & Pitch, Script Station, and Talent Press. The program includes masterclasses, workshops, professional discussions, film screenings, and meetings with international mentors.
According to the organizers, the theme “Reality, Rewritten” explores how contemporary cinema reinterprets reality, collective authorship, and the roles of various participants in the creative process.
Talents Sarajevo has been held since 2006 in partnership with Berlinale Talents and is one of the leading platforms for young filmmakers in the region. The program is supported by Creative Europe MEDIA.
The 32nd Sarajevo Film Festival will take place from August 14 to 21, 2026.
Sens Bank JSC is conducting a tender for voluntary employee health insurance. According to the Prozorro electronic public procurement system, the estimated cost of the services is 44.893 million UAH.
The deadline for submitting bids is June 4.
As previously reported, on April 24, 2026, Sens Bank JSC canceled a tender for voluntary health insurance for 3,800 employees. The reason for this decision was the inability to rectify identified violations of public procurement legislation.
As reported, the expected cost of the service was 44.893 million UAH, and the lowest bid submitted by tender participant SK “Persha” was 33.809 million UAH.
Other insurance companies participating in the tender included Transmagistral with a bid of 33.810 million UAH, Arsenal Insurance – 34.006 million UAH, VUSO – 36.020 million UAH, Universalna – 41.336 million UAH, “Kraina” – 41.649 million UAH, and SG ‘TAS’ – 44.311 million UAH.
As reported, the winner of a similar tender in 2024 was IC “Arsenal Insurance”.
The number of users of the “3,000 km Across Ukraine” program who, between January and May 2026, were verified via “Diya.Sign” and activated their participation in the Ukrzaliznytsia JSC app exceeded 852,000, the company reported in response to a request from the Interfax-Ukraine agency.
According to the company’s data, participants in the program made 338,000 trips, with an average distance of 433 km.
The highest number of travel documents per kilometer from May 1–28 were issued for the following routes: Kyiv–Vinnytsia–Kyiv – nearly 17,000, Kyiv–Kharkiv–Kyiv – over 10,600, Kyiv-Sumy-Kyiv and Lviv-Kyiv-Lviv – 10,500 each, Kyiv-Mykolaiv-Kyiv – 10,000, and Konotop-Kyiv-Konotop – 9,400.
As for regional routes, the largest number of tickets under the program were purchased for the Lviv-Rivne-Lviv route – 8,400, Khmelnytskyi-Kyiv-Khmelnytskyi – 8,300, Ternopil-Lviv-Ternopil – 6,900, and Khmelnytskyi-Lviv-Khmelnytskyi – 6,100.
Ukrzaliznytsia noted that in May, the program covered more than 50 pairs of long-distance passenger trains and 15 pairs of regional trains.
“In June and July of this year, taking into account the growing demand for rail passenger transportation, the list of long-distance trains has been reduced, while offers for regional service—available for booking by the kilometer—have been retained,” the company explained.
In the first months of summer, seats are expected to be available for the continued implementation of the “3,000 km” program on long-distance trains to and from Kharkiv, Sumy, Zaporizhzhia, Mykolaiv, Chernihiv, Lozova, and Zhmerynka.
For regional service, tickets under the program will be available, in particular, on the Lviv-Rivne-Lviv, Kharkiv-Izyum-Kharkiv, Khmelnytskyi-Lviv-Khmelnytskyi, Zaporizhzhia-Dnipro-Zaporizhzhia, Hrebinka–Kyiv-Volynskyi–Hrebinka, Slavutych/ Chernihiv – Kyiv-Volynskyi, Motovylivka-Slavutych – Kyiv-Volynskyi, Konotop-Kyiv-Nizhyn, Shostka-Fastiv-Shostka, Nizhyn – Kyiv-Volynskyi – Nizhyn, as well as Lviv-Chop-Lviv, Lviv-Uzhhorod-Lviv, and Kyiv-Khmelnytskyi-Kyiv.
As reported, according to estimates by Ukrzaliznytsia, in the worst-case scenario, potential revenue losses from the implementation of the “3000” program without changing current fares could amount to approximately 400 million UAH.
Egypt’s largest developers maintained high sales levels in early 2026, despite cooling demand and the real estate market entering a more cautious phase, according to a report by The Board Consulting.
According to the report, the total value of contracts signed by Egypt’s ten largest developers in the first quarter of 2026 amounted to 271 billion Egyptian pounds, or more than $5 billion. This is 6.5% less than the record 290 billion pounds a year earlier, but the figure remains significantly higher than in previous years and confirms the resilience of the market’s largest players.
In physical terms, sales declined more sharply—by approximately 15%—to about 15,500 units. This reflects more cautious buyer behavior amid rising construction costs, currency volatility, changing financing conditions, and general macroeconomic uncertainty.
However, the market has not collapsed but is rather undergoing a structural shift. The main cash flows are concentrated among the largest and financially stable developers, while small and medium-sized developers face pressure due to the cost of capital, competition, and the need to offer long-term installment plans.
East Cairo remains the geographic leader, generating contracts worth 130 billion pounds over the quarter. Demand is driven by new residential complexes, proximity to the New Administrative Capital, and large-scale infrastructure development in the eastern part of the metropolitan area.
For foreign buyers, Egypt remains one of the most affordable major real estate markets in the region. The weakening of the Egyptian pound has made housing relatively cheaper for buyers holding dollars, euros, or Gulf currencies. According to Global Property Guide, real estate prices in Egypt rose by 13.25% year-over-year in October 2025, but in real terms—adjusted for inflation—growth amounted to only 0.67%.
External demand is driven primarily by several groups. The first consists of investors from Gulf countries, primarily the UAE, Saudi Arabia, Kuwait, Qatar, Bahrain, and Oman. Egyptian developers are actively promoting projects in the GCC, and Gulf buyers have high purchasing power and interest in large resort and urban projects. Invest-Gate notes that buyers from Gulf countries and the Egyptian diaspora already account for about one-third of sales under the “real estate export” initiative.
The second group is the Egyptian diaspora. For Egyptians living in Europe, the U.S., the Gulf states, and other regions, real estate in Egypt remains a way to maintain a connection with the country, protect capital from inflation, and acquire housing for their families or for a future return.
The third group consists of buyers from Arab countries experiencing political or economic instability. Among them, citizens of Syria, Iraq, Sudan, and Palestine are frequently mentioned. For some of these buyers, real estate in Egypt is linked not only to investment but also to residency, obtaining resident status, and long-term security.
The fourth group consists of buyers from Russia, Ukraine, and Kazakhstan, primarily in Red Sea resort locations, including Hurghada, El Gouna, and the areas around Sahl Hasheesh. For them, Egypt is attractive due to its low entry barrier, warm climate, tourist demand, and the opportunity to purchase housing at a lower cost than in Turkey, the UAE, or certain European markets.
The fifth group consists of European buyers, including citizens of Germany, the UK, Italy, and other EU countries, who view Egypt as a market for affordable resort real estate, rentals, and seasonal living.
For foreign buyers, an important feature of the market is the long-term installment plans offered by developers. In Egypt, a significant portion of housing is sold off-plan, and buyers often make a 5–10% down payment and pay the remainder over 7–10 years. This mechanism makes the market accessible but simultaneously increases the importance of choosing a reliable developer and conducting a legal review of the contract.
The Egyptian government is also seeking to more actively develop “real estate exports” as a source of foreign exchange revenue. Authorities view the sector as a tool for attracting foreign capital, especially following the $35 billion Ras El-Hekma deal with Abu Dhabi’s ADQ, which became the largest foreign direct investment agreement in the country’s history.
Thus, the Egyptian real estate market is not entering a crisis phase, but rather a phase of weeding out weaker players. Buyers are becoming more cautious, and the volume of transactions is declining, but the largest developers continue to generate billions of dollars in sales. For foreign investors, the main concern now is not just price, but the reliability of the project, currency risks, the legal soundness of the transaction, and the developer’s ability to complete the project on time.
