Business news from Ukraine

Business news from Ukraine

Energoatom seeks insurer for leased property

On December 26, JSC NAEK Energoatom announced a tender for insurance of leased movable property.

According to the Prozorro electronic procurement system, the total expected cost of services is UAH 81,232 thousand. Applications for participation in the tender will be accepted until January 3.

 

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Motor transport of Kharkivoblenergo is now insured in VUSO

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.

 

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“Ukrhydroenergo announces tender for car insurance for its branches

On December 8, Ukrhydroenergo announced a tender for car insurance for its branches, according to the Prozorro electronic public procurement system.

The expected cost of purchasing insurance services is UAH 4.620 million. The deadline for submitting documents for the tender is December 16.

 

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Ukrnafta announces tender for insurance of dangerous goods transportation

On December 2, PJSC Ukrnafta announced a tender for insurance services covering the liability of dangerous goods transporters in the event of negative consequences during the transportation of such goods.

According to the Prozorro electronic public procurement system, the expected cost of purchasing the services is UAH 471,691 thousand.

Documents will be accepted until December 10.

Ukrnafta JSC is Ukraine’s largest oil production company and operates the largest national network of gas stations, UKRNAFTA. In 2024, the company entered into asset management with Glusco. In 2025, it completed an agreement 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 gas stations in its network. 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 the company’s corporate rights, which belonged to private owners, to the state, and they are now managed by the Ministry of Defense.

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VUSO Insurance Company to become insurer for Kyiv Polytechnic Institute vehicles

The National Technical University of Ukraine ‘Igor Sikorsky Kyiv Polytechnic Institute’ has announced its intention to conclude an agreement with VUSO Insurance Company for the purchase of compulsory civil liability insurance for owners of land vehicles (OSAGO).

According to a report in the Prozorro electronic public procurement system, the company’s price offer was UAH 92,300, with an expected cost of UAH 274,100.

The following insurance companies participated in the tender: Guardian – UAH 122,800, TAS – UAH 153,800, NASK Oranta – UAH 153,800, and Kraina – UAH 154,100.

VUSO Insurance Company was founded in 2001. It is a member of the Motor Transport Insurance Bureau of Ukraine and the National Association of Insurers, a participant in the agreement on direct settlement of losses, and a member of the Nuclear Insurance Pool.

 

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Number of insurance companies in Ukraine in October decreased by one – NBU

The number of insurance companies in Ukraine in October 2025 decreased by one. At the end of the month, 49 risk insurers and 10 life insurance companies, as well as the Export Credit Agency with special status were operating in the market, according to the website of the National Bank of Ukraine.

According to the NBU, the number of insurance and/or reinsurance brokers has not changed – 45. In October, the regulator received 55 inquiries regarding registration and licensing actions of insurers.

In general, the number of non-banking financial market participants for the month decreased to 787 from 791. In the non-banking market, there were 417 financial companies (there were 418), 102 pawnshops (there were 104), 88 credit unions, one lessor and 74 collection companies. The number of non-banking financial groups increased by one – to 42, banking groups unchanged – 16.

 

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