Business news from Ukraine

Business news from Ukraine

OpenDataBot honored leading companies with “Scythian Woman” statuette

On March 26, the first in-person awards ceremony for the leaders of the OpenDataBot Index took place in Kyiv. The event brought together executives and top management from leading Ukrainian companies—those shaping the country’s economy today.

The OpenDataBot Index is a ranking based exclusively on companies’ financial reports. It is impossible to influence the results—positions are determined solely by numbers. That is why it has become a trusted tool for businesses, the media, and readers.

This year, over a hundred guests, representing their companies, received awards from the Index—a special “Scythian Woman” statuette.

We chose the Scythian Woman—a symbol that has stood on our land for millennia. She holds a bowl to her chest—this represents openness, a willingness to show how you work, to clearly demonstrate your numbers, scale, and results. That is why the OpenDataBot Index is an award for companies that operate transparently, that can be verified, and that stand by their name,” comments Oleksiy Ivanin, CEO of OpenDataBot

During the event, participants discussed the role of transparency in economic development, the importance of trust and business accountability in wartime, as well as how the interaction between business and the media is changing.

The OpenDataBot Index has become a meeting point between the interests of businesses seeking to be heard and the media wanting to report on real results.

https://opendatabot.ua/analytics/live-index-2026

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Leaders of sugar season: Radekhiv Sugar, Astarta, and Ukrprominvest-Agro

Sugar factories continue to operate in January 2026, but the top five leaders in production have already been determined, although the exact amount of their output cannot yet be announced in all cases, said Yana Kavushevska, head of the National Association of Sugar Producers “Ukrtsukor,” in an interview with Interfax-Ukraine.

The top three leaders in the industry remain stable from year to year: Radekhiv Sugar (535,000 tons produced, but one plant is still operating), Astarta (362,000 tons), and Ukrprominvest-Agro (242,000 tons as of January 10, but the plants are still operating), noted the chair of the board of Ukrtsukor.

According to her information, the Teofipol Sugar Plant (100,000 tons) took fourth place in the 2025 season, and A’SPIK Group (94,000 tons) took fifth place.

According to Ukrtsukor, 27 sugar plants were operating in Ukraine in the 2025 season. As of January 10, four factories continue processing. According to the industry association’s forecasts, the sugar production season will end on January 18-20.

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Imports to Ukraine increased by 18% – China, Poland, and Germany lead way

Imports of goods to Ukraine in January-October 2025 reached $67.8 billion, which is 18.1% more than a year earlier, according to the State Customs Service. The largest countries of origin for imports were China with $15.1 billion,

Poland with $6.4 billion, and Germany with $5.4 billion.

Taxable imports amounted to $51.8 billion, or 76% of the total volume. The tax burden per 1 kg of taxable imports was $0.52/kg.

In terms of commodity structure, 68% was accounted for by machinery, equipment, and transport—$27 billion (customs payments—168 billion UAH, 29%); chemical industry products—$10.4 billion (81.1 billion UAH, 14%); fuel and energy products – $8.5 billion (UAH 167.9 billion, 29%).

Source: https://expertsclub.eu/import-v-ukrayinu-zris-na-18-lidyruyut-kytaj-polshha-nimechchyna/

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Leaders of Ukrainian insurance market in terms of premiums for January-September TAS, ARKS, INGO, VUSO, and Unica

The leaders of the Ukrainian insurance market in terms of premiums collected in January-September 2025 were the insurance companies SG TAS – UAH 5.717 billion (UAH 3.474 billion in the first nine months of 2024), ARKS – UAH 4.238 billion (UAH 3.150 billion), INGO – UAH 3.830 billion (UAH 2.462 billion), VUSO Insurance Company – UAH 3.728 billion (UAH 2.860 billion), and Unica – UAH 3.572 billion (UAH 2.564 billion), according to data from the PRIMA information exchange project of the National Association of Insurers of Ukraine (NAIU).

Changes in the top five for the specified period compared to the same period last year affected SK INGO, which rose from fifth to third place, swapping places with SK Unica.

According to the association’s website, the top five leaders in terms of premiums collected in the compulsory motor third-party liability insurance market have also changed, and after nine months, the leaders are TAS Insurance Company with UAH 2.958 billion (compared to UAH 1.049 billion in the same period of 2024), Oranta with UAH 2.206 billion (UAH 1.004 billion), Knyazha VIG with UAH 1.807 billion (UAH 764.9 million), INGO with UAH 948.2 million, and USG with UAH 831.1 million, pushing PZU Ukraine and VUSO out of the top five PZU Ukraine and VUSO, respectively.

Similarly insignificant changes in the comparable periods occurred in the Green Card market, where the top five remained unchanged: TAS – UAH 960.5 million (UAH 1.025 billion), USG – UAH 828.7 million (UAH 553.7 million), PZU with UAH 659.2 million (UAH 411 million), and Knyazha VIG with UAH 286.4 million (UAH 475.5 million), which switched places, and VUSO Insurance Company – UAH 208.5 million instead of Oranta, which ceded fifth place in this type of insurance.

Similarly, in the CASCO market: as before, it is led by ARKS Insurance Company – UAH 2.057 billion (UAH 1.737 billion), Arsenal Insurance – UAH 1.940 billion (UAH 1.416 billion), VUSO with UAH 955.2 million (UAH 720.4 million) and Unica with UAH 890 million (UAH 826.7 million), which switched places, and Universal with UAH 839.8 million instead of USG.

The former top five also retained their leadership in voluntary medical insurance: Unica Insurance Company – UAH 1.602 billion (UAH 1.193 billion), followed by VUSO Insurance Company – UAH 887.4 million (UAH 603.2 million), Insurance Company Universalna – UAH 866.4 million (UAH 615.8 million), Insurance Company INGO – UAH 780 million (UAH 525.4 million), and Insurance Group TAS – UAH 652.9 million (UAH 405.7 million).

As reported, as of October 1, 2025, there were 50 risk insurers operating in the Ukrainian insurance market (58 on the same date a year earlier), 10 specializing in life insurance (11), and one with special status (Export Credit Agency, ECA).

Source: https://expertsclub.eu/lideramy-strahovogo-rynku-ukrayiny-za-premiyamy-za-sichen-veresen-ye-tas-arks-ingo-vuso-ta-unika/

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Rating of leaders in Ukrainian insurance market by premiums collected in January-July 2025

The leaders of the Ukrainian insurance market in terms of premiums collected in January-July 2025 were insurance companies SG TAS with UAH 4.213 billion in premiums collected, ARKS with UAH 3.270 billion, and INGO with UAH 3.101 billion. Unica attracted UAH 2.897 billion, and VUSO attracted UAH 2.613 billion, according to the website of the National Association of Insurers of Ukraine (NAIU). It is noted that compared to the same period last year, INGO surpassed Unica, pushing it out of third place.

The top five companies in the compulsory motor third-party liability insurance market in terms of premiums collected in January-July this year are TAS (UAH 2.245 billion), Oranta (UAH 1.708 billion), Knyazha VIG (UAH 1.368 billion), INGO Insurance Company (UAH 724.1 million), and USG (UAH 619.1 million).

The leaders in the Green Card market in terms of premiums collected for the period are TAS (UAH 753.9 million), USG (UAH 651.2 million), PZU (UAH 427.7 million), which rose from fourth to third place, ahead of Knyazha VIG (UAH 216.1 million), and SK INGO (UAH 152.8 million) instead of SK Oranta, which left the top five.

There were also minor changes in the CASCO market. As before, it is led by ARKS Insurance (UAH 1.539 billion), Arsenal Insurance (UAH 1.425 billion), VUSO (UAH 723 million), which swapped places with Unica (UAH 658.3 million), and Universalna (UAH 640.8 million), which took the place of USG.

At the same time, there were no changes among the leaders in voluntary medical insurance: Unika Insurance Company (UAH 1.412 billion) remains the leader in this segment, followed by Universalna (UAH 710.3 million), INGO (UAH 646 million), VUSO (UAH 493.9 million), and ARKS (UAH 370.6 million).

There were minor changes in the top five life insurance companies in January-July. As a year ago, MetLife Insurance Company (UAH 1.693 billion) ranks first. The next places were taken by IC TAS (UAH 500.6 million), Grave Life (UAH 341.8 million), PZU Life (UAH 221 million), and Arks Life (UAH 203.4 million). At the same time, Unica Life, which was in fourth place at the end of the first seven months of 2024, dropped out of the top five leaders in this market.

As reported, as of the end of July 2025, there were 51 risk insurers operating in the Ukrainian insurance market (compared to 69 on the same date in 2024), 10 specializing in life insurance (down from 12), and one with special status (Export-Credit Agency, ECA).

 

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Yuzhkoks has a new leader

Vitaliy Litovka, a representative of the Metinvest mining and metallurgical group, has been appointed General Director of PJSC Yuzhkoks (Kamenskoye, Dnepropetrovsk region), previously he held a similar position at PJSC Avdeevsky Coke and Chemical Plant (AKKhZ).
According to the official announcement of the Supervisory Board of the company, Litovka was appointed CEO on September 2, 2022 for the period from September 5, 2022 to April 4, 2023 inclusive.
At the same time, it is specified that earlier Litovka was the general director of AKHZ until September 2022.
The authorized capital of PJSC “Yuzhkoks” is UAH 171.918 million, the par value of the share is UAH 0.25.

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