AVIS Ukraine (VIP-Rent FDI) has renewed nearly 17% of its fleet over the past nine months, adding 60 new vehicles for rental and operational leasing. This marks the company’s largest fleet renewal in the past several years.
More than half of the new additions are SUVs. The fleet now includes, in particular, the Toyota RAV4 Hybrid, Volkswagen Touareg R-Line, Audi A6, and Hyundai Staria minivans. The new vehicles are already available to the company’s customers in Ukraine.
Toyota and Volkswagen accounted for the largest share of the fleet update, together making up over 55% of the new additions. Toyota’s share was 30.5%, while Volkswagen’s was about 25%. New Skoda and Hyundai vehicles were also added to the fleet.
Among individual models, the Toyota Hilux and Volkswagen Tiguan saw the largest increases. The company attributes this to demand for crossovers for travel and all-wheel-drive pickups used by corporate clients, infrastructure projects, and international organizations.
The Skoda Octavia A8—targeted specifically at the corporate segment—and the Hyundai Staria, designed for group transportation and serving large teams, also accounted for a significant share of the new fleet.
AVIS Ukraine simultaneously expanded its premium segment with the addition of the Volkswagen Touareg R-Line and the Audi A6. The company targets these vehicles primarily at business clients, diplomatic missions, and international organizations.
Diesel vehicles formed the bulk of the new additions—61% of all deliveries. The company attributes this composition to the fuel efficiency of diesel models over long distances and their high demand in the corporate segment.
At the same time, over 15% of deliveries in 2026 consisted of hybrid Toyota RAV4s. In this way, AVIS Ukraine is gradually increasing the share of fuel-efficient vehicles in its fleet.
The company has been operating in the Ukrainian market under the Avis brand since 1997, and under the Payless brand since 2016. It provides short-term car rental services for individuals, as well as operating leases and fleet management for corporate clients.
AVIS is an international provider of car rental and operating lease services, with a presence in 185 countries worldwide.
Raiffeisen Bank has launched financial leasing for business clients in Ukraine and has signed its first agreement under this new initiative with one of Ukraine’s leading agricultural producers, the bank’s press office reported.
Under the first agreement, the agricultural producer will upgrade its fleet of machinery. Going forward, the bank’s clients will be able to use financial leasing to purchase agricultural machinery and equipment, passenger and cargo vehicles, commercial vehicles, and other fixed assets.
“Businesses today need solutions that allow them to continue investing, modernize production, and plan for growth even amid a full-scale war. The launch of financial leasing expands these opportunities for our clients,” said Natalia Gurina, Chair of the Management Board of Raiffeisen Bank.
The bank plans to develop this service for Ukrainian and international companies operating and investing in Ukraine.
The launch of this new instrument draws on the experience of the international Raiffeisen Bank International (RBI) group, where financial leasing is already in use in other European markets. Harald Kröger, Deputy Chairman of the Supervisory Board of Raiffeisen Bank and Head of Structured Finance and Investment Banking at the RBI group, assesses the potential for its development in Ukraine as significant.
As previously reported, in late 2024, the then-Chairman of the Management Board of Raiffeisen Bank, Oleksandr Pysaruk, announced in an interview with the Interfax-Ukraine news agency the financial institution’s intention to resume plans to develop its leasing business in Ukraine. According to him, even before the full-scale war, the bank had already reached an agreement with its shareholder to ramp up the leasing company’s operations and was preparing a corresponding business plan.
At the time, Pysaruk expressed hope that the bank would be able to resume implementing these plans as early as 2025.
Raiffeisen Bank is the largest Ukrainian bank with foreign capital. Since October 2005, the bank has been part of the Austrian banking group RBI. Currently, the Raiffeisen Group owns 68.21% of the bank’s shares, while the European Bank for Reconstruction and Development holds 30%.
According to the National Bank, as of August 1, 2026, with total assets of 282.37 billion UAH, it ranked fourth among Ukraine’s 59 banks.
According to Fixygen, Ukrainian Investment and Analytical Company LLC (UIAK, TM PlanetAvto), a member of the non-bank financial group “PLANETGROUP,” began the initial offering of its debut Series A corporate bond issue totaling 50 million UAH on August 25.
Under the terms of the issue, investors are being offered 50,000 bonds with a par value of 1,000 UAH each. The interest rate for the first four interest periods—that is, the first year of circulation—is set at 25% per annum in UAH, with the coupon paid quarterly.
The initial offering will run from August 25 to September 8, 2026. The total term of the bonds is five years, with an annual offer allowing holders to present the securities to the issuer for redemption at par value.
After the first four interest periods, the rate will be determined in accordance with the terms of the prospectus and may range from 5% to 35% per annum.
The investment firm “UNIVER Capital” is acting as the organizer and underwriter of the offering. Individuals and legal entities may submit applications to purchase bonds via the UNIVER app or the investor’s account. Settlements during the initial offering are conducted on a DvP (“delivery versus payment”) basis.
Following the completion of the initial offering, “UNIVER Capital” plans to maintain two-way quotes for the bonds on the secondary market.
UIAC states that it plans to allocate 100% of the funds raised toward expanding its automotive financial leasing portfolio. The company has been operating in the market since 2013 and holds a license to provide financial leasing services.
As reported by Open4Business, in 2025, UIAK’s revenue grew nearly 2.9-fold—to 40.68 million UAH, with net income totaling approximately 3.02 million UAH. According to the offering prospectus, the company forecasts revenue of 50 million UAH and net income of approximately 5 million UAH for 2026.
According to data provided by the group, UIAK’s assets as of the end of 2025 totaled approximately 27.2 million UAH, and its equity was approximately 21 million UAH.
The company’s main areas of activity are financial leasing and automobile sales. UIAK is integrated into the infrastructure of the PlanetAvto automotive marketplace.
Andriy Kovtun and Tetiana Yagupova are co-owners of the company on an equal basis. Kovtun is also the controlling shareholder of the non-bank financial group “PLANETGROUP.”
The group is simultaneously developing its fundraising efforts through the corporate bond market and other participants in the ecosystem. In August, Avtokredit Plus LLC (PlanetAvto) began placing Series C bonds totaling 100 million UAH with an interest rate of 24% per annum for the first four interest periods. The proceeds from this issuance are also being directed toward the development of auto financial leasing.
Thus, the total volume of the two current bond programs of PlanetAvto Group companies amounts to 150 million UAH.
Open4Business previously reported on August 17, 2026, that UIAK had registered its debut five-year bond issue worth 50 million UAH.
The Ukrainian leasing company Avtokredit Plus LLC, operating under the PlanetAvto brand, launched an initial offering of Series C corporate bonds totaling 100 million UAH on August 17, according to company materials and the PFTS stock exchange.
The issue consists of 100,000 registered, interest-bearing, unsecured bonds with a par value of 1,000 UAH each. The initial offering is taking place through the PFTS from August 17 to August 31, 2026. The investment company “UNIVER Capital” is acting as the organizer and underwriter.
The coupon rate for the first four interest periods is set at 24% per annum in hryvnia, with interest payments made quarterly. For subsequent periods, the prospectus provides for the possibility of setting the rate within a range of 5–35% per annum, in accordance with the terms of the issue.
The maturity date of the bonds is set for August 11, 2031. The terms of the issue also provide for mandatory periodic redemptions by the issuer, giving bondholders the opportunity to exit their investment prior to final maturity in accordance with the dates specified in the prospectus.
The company plans to use the proceeds to expand its auto finance leasing programs in Ukraine. On its website, PlanetAvto notes that 100% of the proceeds from the offering are earmarked for these purposes.
This is the company’s third corporate bond issue. In 2018, “Avtokredit Plus” issued Series A bonds worth 50 million UAH, and in 2021, Series B bonds worth 100 million UAH. According to the issuer, both previous issues were redeemed on time and in full.
As of the end of 2025, Avtokredit Plus’s equity stood at 74.9 million UAH, total assets at 132.2 million UAH, and net income at 4.3 million UAH.
Following the completion of the initial public offering and the registration of the issuance report with the National Securities and Stock Market Commission, the company plans to list the bonds on the secondary market.
“Autocredit Plus” was registered in Dnipro in 2006 and specializes in financial leasing, the sale, and financing of automobiles. The company’s primary business activity is financial leasing.
Ukrainian Investment and Analytical Company LLC (UIAC, Dnipro), which is engaged in automobile sales and financial leasing and is part of the non-bank financial group “Planetgroup,” has registered its debut public offering of five-year bonds with an annual offering of 50 million UAH.
According to the offering prospectus on the company’s website, the bonds have a face value of 1,000 UAH, an interest rate of 25% per annum in the first year of circulation, and quarterly coupon payments; for subsequent years, the rate will be determined separately within the range of 5–35% per annum.
The bond offering is scheduled to take place from August 25 to September 8 of this year through the PFTS stock exchange. The underwriter is the investment firm “Univer Capital” (both based in Kyiv).
“100% of the total funds raised (up to 50 million UAH) will be used to expand the leasing portfolio, increase the volume of financial leasing services, and optimize the financing structure,” the prospectus states regarding the purpose of the fundraising.
In the first half of this year, UIAK increased its revenue by 39.6% to 29.78 million UAH and its net profit by 41.5% to 3.09 million UAH.
Its total assets have grown by 27.6% since the beginning of the year—to 34.72 million UAH—and its equity has increased by 14.7%—to 24.14 million UAH.
Last year, UIAK increased its revenue nearly 2.9-fold to 40.68 million UAH and maintained a net profit of 3.02 million UAH.
According to the prospectus, revenue is projected to reach 50 million UAH in 2026 and 52.8 million UAH the following year, while net profit is projected to be 5.0 million UAH and 5.4 million UAH, respectively. In 2030, these figures are expected to rise to 58.8 million UAH and 6.3 million UAH, respectively, while assets are projected to reach 61.0 million UAH and equity is expected to reach 48.6 million UAH.
In the summer of 2025, the company secured a one-year revolving credit line from A-Bank in the amount of 1.38 million UAH at an annual interest rate of 18.9% to replenish working capital.
Andriy Kovtun and Tetiana Yagupova are the co-owners of UIAK. Kovtun is also the controlling shareholder of “Planetgroup,” which also includes “AK Plus” LLC and “Avtokredit Plus” LLC.
The National Bank of Ukraine has revoked the license of Prosto Leasing LLC to operate as a financial company authorized to engage in financial leasing, according to a statement on the regulator’s website.
The basis for this decision was the second violation within a single year of the mandatory requirement for “Prosto Leasing” to submit to the NBU an assurance report on its annual financial statements (reporting data), namely, a violation of the requirements of the Regulation on the Authorization of Financial Service Providers and the Conditions for Their Operation, approved by NBU Resolution No. 199.
As previously reported, on July 7, 2025, a corrective measure was imposed on the company in the form of a requirement to take steps to eliminate (correct) the violations identified during the supervisory review. The violation was rectified.
In 2026, “Prosto Leasing” committed a repeat violation (its second within a single year): it failed to submit to the National Bank an assurance report on its annual financial statements for 2025.
The decision to impose a corrective measure in the form of license revocation was adopted by the National Bank’s Committee on Supervision and Regulation of Non-Bank Financial Services Markets on July 20, 2026. It takes effect on the date the company is notified of the decision.
Prosto Leasing LLC is a Ukrainian financial company that has been operating in the operating and financial leasing market since August 2021. On February 19, 2024, the National Bank of Ukraine renewed the company’s license to provide financial leasing services and made the corresponding changes to the Register of Financial Institutions.
