The Ministry of Economy, Ecology, and Agriculture has included VUSO Insurance Company (Kyiv) in the list of insurers eligible to insure agricultural products with state support.
According to the ministry’s website, insurance companies INGO, Universalna, and VUSO are currently authorized to provide such insurance.
As reported, the state budget for 2026 provides for UAH 60 million to support agricultural insurance for the first time, for which the Cabinet of Ministers adopted the relevant changes to the procedure for providing state support on December 31.
The resolution provides for compensation for part of the insurance premiums paid, in particular up to 60% of the cost of insurance premiums for agricultural producers working in frontline communities and up to 45% for other agricultural producers.
To insure agricultural products, agricultural producers must apply to insurance companies that have been granted the right to provide such insurance in agreement with the National Bank of Ukraine. The list of such companies is published on the website of the Ministry of Economy.
Agricultural product insurance contracts will be concluded in accordance with a list of standardized insurance products, which, in particular, provide protection for winter grain crops during the winter period, for winter grain crops throughout the entire growing season, and for future grain crops during the spring and summer growing season.
VUSO Insurance Company was founded in 2001. According to the NBU, the company ranks fourth among non-life insurers in Ukraine in terms of premiums collected for the first nine months of 2025.
On April 23, 2024, the National Bank of Ukraine reissued the company’s licenses to conduct insurance activities (33 for voluntary and 17 for compulsory types of insurance). IC “VUSO” has 34 representative offices, 2 branches, and more than 20 agency sales centers throughout the country.
On January 23, Ukraine’s Foreign Intelligence Service announced a tender for compulsory motor third-party liability insurance services, according to the Prozorro electronic public procurement system.
According to the system, the expected cost of purchasing the services is UAH 2.2 million.
The deadline for submitting tender bids is January 31.
compulsory motor third-party liability insurance, FOREIGN INTELLIGENCE SERVICE, INSURANCE
The spot price of silver exceeded $100 per ounce for the first time in history on Friday amid rising demand for safe-haven assets.
At 7:10 p.m. CST, it rose 4.6% to approximately $100.67 per ounce, reaching $100.91 per ounce during the session.
The spot price of gold also set a new record and is approaching $5,000 per ounce. At 19:11 CEST, it rose 1% to $4,984.33 per ounce, slightly down from its intraday and historic high of $4,988.33 per ounce.
Since the beginning of the year, silver has risen in price by 39.4% and gold by 14.3%.
The Kryvyi Rih Mining and Metallurgical Plant PJSC ArcelorMittal Kryvyi Rih (AMKR, Dnipropetrovsk region) has announced that it will be forced to shut down its blooming shop in the second quarter of 2026.
According to the company’s press release on Monday, this decision is not an easy one, but it is objectively dictated by the current economic and market conditions in which the company is operating in the context of a full-scale war.
The key factor that led to this step was the European Commission’s decision to introduce the Carbon Border Adjustment Mechanism (CBAM) for Ukrainian producers from January 1, 2026, without any exceptions or transition period. In effect, this means the loss of the European market for a significant portion of Ukrainian metallurgical products, which critically affects the production volumes and utilization of individual units.
It is noted that ArcelorMittal Kryvyi Rih has made significant efforts to reorient sales to the European Union market after the start of the full-scale war. In fact, this market was built from scratch in extremely difficult conditions. However, the introduction of CBAM without taking into account the military realities in Ukraine has nullified these efforts. In the absence of a stable European market, the company does not have sufficient orders to ensure the operation of the blooming mill both today and in the medium term.
ArcelorMittal Kryvyi Rih is the largest producer of rolled steel in Ukraine. It specializes in the production of long products, in particular, rebar and wire rod. The company has a full production cycle, with production capacities designed for an annual output of over 6 million tons of steel, more than 5 million tons of rolled products, and over 5.5 million tons of pig iron.
ArcelorMittal owns Ukraine’s largest mining and metallurgical complex, ArcelorMittal Kryvyi Rih, and a number of small companies, including ArcelorMittal Beryslav.
The Kryvyi Rih Mining and Metallurgical Plant PJSC ArcelorMittal Kryvyi Rih (AMKR, Dnipropetrovsk region) has announced that it will be forced to shut down its blooming shop in the second quarter of 2026.
According to the company’s press release on Monday, this decision is not an easy one, but it is objectively dictated by the current economic and market conditions in which the company is operating in the context of a full-scale war.
The key factor that led to this step was the European Commission’s decision to introduce the Carbon Border Adjustment Mechanism (CBAM) for Ukrainian producers from January 1, 2026, without any exceptions or transition period. In effect, this means the loss of the European market for a significant portion of Ukrainian metallurgical products, which critically affects the production volumes and utilization of individual units.
It is noted that ArcelorMittal Kryvyi Rih has made significant efforts to reorient sales to the European Union market after the start of the full-scale war. In fact, this market was built from scratch in extremely difficult conditions. However, the introduction of CBAM without taking into account the military realities in Ukraine has nullified these efforts. In the absence of a stable European market, the company does not have sufficient orders to ensure the operation of the blooming mill both today and in the medium term.
ArcelorMittal Kryvyi Rih is the largest producer of rolled steel in Ukraine. It specializes in the production of long products, in particular, rebar and wire rod. The company has a full production cycle, with production capacities designed for an annual output of over 6 million tons of steel, more than 5 million tons of rolled products, and over 5.5 million tons of pig iron.
ArcelorMittal owns Ukraine’s largest mining and metallurgical complex, ArcelorMittal Kryvyi Rih, and a number of small companies, including ArcelorMittal Beryslav.
Taxi services are introducing discounted fares for Ukrzaliznytsia passengers arriving at stations in large cities during curfew hours, the company’s press service reported.
Ukrzaliznytsia approached Uklon and Bolt with a proposal to support passengers arriving in large cities after midnight, primarily due to delays caused by enemy shelling and route changes. The initiative was launched immediately after both services received permission to operate during curfew in Kyiv,” the company said in a statement.
It is noted that both ride-hailing services accepted the offer. In particular, Uklon provided each passenger with a discount on a night trip from the train station in Kyiv to their home. The promo code will be valid from 11:15 p.m. to 5:00 a.m. It can be obtained by exchanging it for a “hug” in the Ukrzaliznytsia app. Each user can use the special promo code once during the night.
In case of train delays, Bolt increases the number of cars in the area of train stations and keeps prices under control. In addition, Bolt & Visa has a special offer with a 50% discount on trips to/from train stations, valid around the clock.
Bolt has also provided railway workers with promo codes for trips on official routes.
Ukrzaliznytsia added that it is open to new partnerships to support passengers in difficult times.
