Contributions to supplementary pension schemes are still not made by 41% of Europeans, according to the results of a survey by the European Association of Insurers Insurance Europe, according to its website.
“Despite the growing awareness of the need to save, 41% of Europeans still do not contribute to supplementary pension schemes, with national rates ranging from 16% to 65%,” the information said.
According to the information, the fourth edition of the survey, which covered 12,700 respondents from 12 markets (Austria, Belgium, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Luxembourg, Spain and Switzerland), confirms that a growing proportion of people are aware of the importance of saving, but financial pressures, information gaps and behavioral factors still prevent many from taking action. Women, the unemployed and workers in non-standard jobs remain disproportionately affected.
The gender gap also persists, with the proportion of those not saving reaching 46% for women compared to 35% for men.
Advice remains a crucial incentive to act: 31% of respondents started saving after being advised by an intermediary or adviser, while 25% started through employer schemes or automatic enrollment. Public awareness campaigns motivated only 3%.
Security remains the top priority for European savers, with 81% of savers favoring products that guarantee at least their capital. Women are even more security-oriented, with 85% preferring capital protection compared to 77% of men. Only 19% of respondents prefer higher risk options in pursuit of higher returns.
“With demographic pressures rising in Europe, the survey highlights the growing risk of insufficient retirement income and over-reliance on public pension schemes. It shows that personalized advice and tools such as pension tracking systems are key to turning awareness into action,” highlights Insurance Europe.
Prices for RAM in Europe and the US have risen significantly, negatively affecting the electronics and computer market. In Ukraine and neighboring countries, this trend is already beginning to take effect, although there is little accurate domestic data available yet.
According to Reuters, Samsung Electronics raised its contract prices for 64 GB and 96 GB DDR5 modules by more than 30% between September and November 2025.
Analysts at Counterpoint Technology Market Research note that global prices for some DRAM chips have risen 3-11 times since the beginning of 2025.
The GameGPU portal reports that in Europe, a 64 GB DDR5 kit sells for around €550, which is significantly higher than the usual level.
TrendForce predicts that memory prices could rise another 30% in the fourth quarter of 2025 and another 20% in early 2026.
There are no accurate statistics for Ukraine at the time of publication, but retailers and dealers note that prices for 64 GB DDR5 kits have risen by tens of percent in recent months.
The increase in memory costs leads to higher prices for computers, laptops, game consoles, and servers. There is already information that manufacturers and sellers in the EU are preparing significant price adjustments for models with high memory capacities.
In September 2025, Express Insurance settled insurance claims under comprehensive insurance policies in Austria, Belgium, Bulgaria, Great Britain, Spain, Italy, Moldova, Germany, Poland, Romania, Turkey, Hungary, France, Croatia, the Czech Republic, and Switzerland for a total amount of UAH 4.7 million, according to the insurer’s website.
In particular, in Turkey, sudden braking on the highway led to losses of more than UAH 740,000, compensation for a careless maneuver in France amounted to UAH 528,000, and the sudden appearance of a wild boar on an evening highway in Spain amounted to more than UAH 351,000.
A payment of UAH 284,000 was made for damage to a car while parking in Croatia, and UAH 119,000 for an unnoticed obstacle in Austria when driving into an underground bumper.
Express Insurance LLC was founded in 2008 with the participation of Ukravto Group.
The company is represented in more than 60 points of sale throughout Ukraine and is actively expanding its network of partner service stations. Today, the number of service station partners exceeds 100.
High prices for berries in the 2025 season were caused by spring frosts, which damaged 20-50% of the crop in a number of regions of Ukraine, as well as global market conditions, said Taras Bashtannik, president of the Ukrainian Fruit and Vegetable Association (UFVA).
“If we talk about prices in 2025, losses for all major berry items ranged from 20-50%, primarily due to spring frosts. All major exporting countries of the main items – strawberries, raspberries, blueberries, and cherries – also suffered crop losses,” he said at the Agro2Food exhibition.
The head of the association noted that high product prices allowed producers to compensate for the final financial result.
Bashkanik recalled that during the years of war, Ukrainian berry farming lost a lot of production areas, in particular in the Kherson and Mykolaiv regions, where early berries were grown.
“We can only state that, for example, from 2022 to the present, many perennial plantations have been planted, including 3,800 hectares under the state grant program. And without state assistance, we are talking about 4,500-5,000 hectares. In total, berry growing is currently carried out on 17-20 thousand hectares,” said the head of the UPOA.
According to the expert’s estimate, 95% of all raspberries grown in Ukraine are currently processed, mainly for freezing. At the same time, 95% of this product is exported.
“From 2017 to 2025, Ukraine has gone from being a net importer or having a zero import-export balance of frozen raspberries to becoming the largest exporter of frozen raspberries in Europe,” said Bashtannik.
According to his information, no more than 5% of cultivated blueberries in Ukraine are processed. The rest is mostly exported fresh for economic reasons. However, there is a rapid global trend in this crop: in the US, 50% of blueberries are processed, and in Europe, 30%. In Ukraine, this figure is approaching 30%.
In Ukraine, 25-30% of the gross harvest of garden strawberries is processed. Almost the entire volume of processed products remains in Ukraine for domestic consumption.
“Unfortunately, we have to admit that Ukraine, as a producer and exporter of frozen strawberries, has no place in Europe and the world, given the costs and prices offered by Morocco, Egypt, Tunisia, and China,” said the expert.
Speaking about the production of jams and preserves, Bashtannik noted that craft production dominates this segment. Its products are sufficient to meet the needs of HoReCa, while retail mostly covers the needs of Ukrainians through imports. The production of several powerful domestic players is not enough to meet the needs of supermarket shoppers.
“If we don’t take into account any black swans that may or may not appear, the expectations for 2026 in the industry are positive. Ukraine will continue to increase its presence in the European market for fresh and processed berries. Despite the labor shortage, we look more attractive in terms of cost compared to European countries. Therefore, we will take market share from countries that have traditionally dominated the European market. These are Poland and Serbia, first and foremost,” summarized the head of the UPOA.
In Ukraine, prices for the resource rose in November, with 9.7 million cubic meters sold. In Europe, spot prices were around €32/MWh, with volatility driven by weather forecasts, sanctions (the 19th EU package), and lower production in Norway. EU underground gas storage facilities were filled to 82.82% of their technical capacity, while Ukraine accumulated over 13 billion cubic meters and began the withdrawal season.
Last week, trading continued for October and November 2025 resources. In general, positions for the purchase and sale of natural gas were formed by the following companies: Ukrnafta, Energo Zbut Trans, Tepla Energetichna Kompaniya, SP BNK, etc.
Starting prices for resources rose during the week. As a result, as of Friday, the average starting price of November resources in the GTS was 3.45% higher than on Monday and amounted to UAH 23,425 excluding VAT.
Tepla Energetichna Kompaniya entered the auction with an offer to sell imported natural gas in the section of the same name with delivery in November to the GTS.
During the past week, only positions for sale were sold. A total of 9,700 thousand cubic meters of natural gas was sold (+28% from the previous week). This entire volume was sold by Ukrnafta – November resource in the UGS. In general, the prices of positions sold last week ranged from 21,085 to 21,415 UAH/thousand cubic meters excluding VAT, which is more than 1,000 UAH higher than the prices of the previous week.
On the short-term natural gas market of the UEB, participants formed bids on the intraday market in the GTS and UGS. In total, agreements were concluded for a total volume of 396 thousand cubic meters (-25% compared to the previous week). By October 24, the weighted average price of KSP had increased by +7.3% compared to October 17.
Last week, geopolitics continued to make headlines but offered little certainty. While on Wednesday, futures for the coming month on gas markets fell by ~2% amid forecasts of higher temperatures in the UK and Europe, which signaled restrained gas demand in November, on Thursday they rose, coinciding with the confirmation of the 19th package of EU sanctions, which will ban imports of Russian LNG from 2027, adding a small premium for geopolitical risk on European hubs. Additionally, this trend is driven by rising domestic demand and reduced production in Norway following the temporary closure of the Oseberg field.
The British gas market followed the European market on Thursday after the US announced sanctions against Lukoil and Rosneft, Russia’s two largest oil companies. Gas prices in the US rose to $3.46 per million BTU, which is 20% higher than the lows recorded on October 17. The continuation of the upward trend in US gas prices could lead to higher LNG prices and increased delivery costs during the winter.
Prices of contracts with delivery in the corresponding period, EUR/MWh, 24.10.2025
Instrument THE CEGH TTF TGE/POLPX Average value
Day1 33.31 34.83 32.42 39.68 35.06
M+1 33.519 34.75 32.44 38.30 34.75
Q +1 33.94 34.99 32.78 38.58 35.07
S +1 32.12 33.96 30.91 36.42 33.35
Contracts for the month ahead on all analyzed hubs showed a different trend compared to spot prices, falling by an average of 0.75%. Quarterly forward prices were on average 0.17% higher than spot prices. Seasonal forward prices, with an average value of €33.35/MWh, tended to be 4.73% lower than spot prices on average.
The US sanctions coincide with the EU’s decision to implement the 19th package of sanctions against Russia, terminating all short-term LNG supply contracts within six months and completely banning Russian LNG from January 2027, one year ahead of schedule.
Further along the curve, prices fell on Friday morning for most contracts, with declines observed from the summer Sum-26 contract to the winter Win-28 contract, indicating that the previous price increase may have been driven mainly by short-term fundamentals.
EU gas storage levels fell to 82.82% on October 22, which is 9% below the 5-year average. The situation with storage facilities in the EU has remained unchanged for a month and is holding at 82%. There are two competing factors behind this static indicator: last week, gas demand in Europe exceeded seasonal expectations by more than 10%, but LNG supplies have already reached the level of the first half of this year. Europe is likely to enter the heating season with the lowest storage levels since 2015 and has recorded its earliest week of net withdrawal since 2020.
The December LNG futures contract in Asia, the JKM Platts Future index, settled at $403.29 per thousand cubic meters on October 23. Futures for LNG supplied to North-West Europe (LNG North West Europe Marker) closed at $375.36/thousand cubic meters.
European LNG receiving terminals operated at an average capacity of 51.0% on October 22.
LNG stocks in the EU as of October 22, 2025, amounted to 4.874 million cubic meters of LNG, according to Aggregated LNG Storage Inventors.
Natural gas imports from Europe averaged 15 million cubic meters per day (-8 million cubic meters compared to the previous period) with significant fluctuations during the week. Imports came from Slovakia, Hungary, and Poland. Imports from Poland fluctuated significantly due to repair work. Hungary was the main source of imports. There were no exports. Ukraine’s storage facilities held about 13.1 billion cubic meters of natural gas, roughly the same as last week. On October 22, 1 million cubic meters of natural gas was withdrawn from underground storage facilities.
Source: https://expertsclub.eu/oglyad-czin-na-gaz-v-ukrayini-ta-yevropi/
Turkish electric car manufacturer TOGG (Türkiye’nin Otomobili Girişim Grubu) has announced its entry into European markets and the introduction of new digital solutions, including the option to pay for cars with cryptocurrency, according to Autogeek.
According to the report, the company plans to open its first showrooms in Germany, the Netherlands, and Switzerland in 2025, as well as begin sales in other EU markets.
TOGG has already introduced the T10X electric crossover in Europe, which will be the brand’s first mass-produced export vehicle.
Buyers will have access to the innovative digital platform “Trumore,” through which they can place an order, select a configuration, and pay for their purchase — including using cryptocurrency or tokens issued within the TOGG ecosystem.
According to the company’s management, the integration of blockchain payments reflects its digitalization strategy and opens up new opportunities for users by combining electric mobility, fintech, and smart infrastructure.
“We are not just building a car, but a digital ecosystem where transportation, communications, and finance are combined into a single platform,” said TOGG CEO Gürcan Karakaş.
The company already produces electric vehicles at its plant in Gemlik (Bursa province). Production capacity is designed for 175,000 cars per year, with plans to increase this to 1 million units by 2035.
TOGG sees its entry into Europe as a strategic step towards promoting Turkish technology and integrating into the EU market.
