Business news from Ukraine

Grave Ukraine Insurance Company to insure risks of Electrotrans for UAH 1.3 mln

On February 26, Khmelnytsky municipal enterprise Electrotrans announced its intention to conclude contracts with Grave Ukraine Insurance Company for voluntary insurance of land transport and compulsory insurance of civil liability of owners of land vehicles, according to the ProZorro electronic public procurement system.

Contracts will also be concluded for compulsory insurance against transport accidents, compulsory insurance of employees of departmental and rural fire protection and members of volunteer fire brigades (teams).

The total expected value of the procurement of services was UAH 1.336 million, and the company’s price offer amounted to UAH 1.335 million.

On April 10, 2008, INPRO Insurance Company became a member of the Austrian financial concern GRAWE (Grazer Wechselseitige Versicherung AG) and was renamed into PrJSC Insurance Company Grave Ukraine. The company’s regional network includes about 23 customer service centers in Ukraine.

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