Business news from Ukraine

Business news from Ukraine

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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ADONIS topped rating by number of medical areas

Since the beginning of the year, the ADONIS clinic chain has expanded the list of medical services to 80 areas, topping the Ukrainian Business Award TOP-10 private clinics rating by the number of medical areas.

According to the company’s pre-release, in 2024, the network had 78 medical areas. Among the areas in which ADONIS operates are gynecology, reproductive medicine, pediatrics, surgery, endocrinology, neurology, and others.

In addition, in 2025, ADONIS ranks second in the TOP 10 private clinics in terms of online brand awareness (branded searches) “This is an indicator of digital awareness – how many people consciously search for the clinic’s name on the Internet. In 2024, we were ranked fourth in this category, so we moved up two positions in a year, which indicates an increase in the popularity and trust in the ADONIS brand,” the clinic said.

ADONIS also took fourth place in the national ranking of private clinics, while in 2024 the chain also took fourth place, but within the city of Kyiv.

The clinic chain also received 8 out of 10 points for the quality of service, convenience of digital services, fast communication with patients, and overall level of service. In 2024, this figure was 7 points.

“The one-point increase is evidence that the implemented changes and systematic service improvement were noticeable to patients and had a positive impact on their experience,” the clinic emphasized.

In 2025, ADONIS received 86% of positive reviews on Google, while in 2024 this figure was approximately 83%.

In addition, ADONIS in 2025 received 3 out of 4 points for the level of representation in social networks.

“This indicator remained unchanged compared to 2024, which indicates stable activity in the digital environment. Thanks to regular content and systematic work with the online audience, the clinic continues to maintain the trust of patients on popular platforms,” the medical network emphasized.

ADONIS also received the highest score of 5 out of 5 points from the expert jury from all three independent jury members of the Ukrainian Business Award, with an average score of 4.9 in 2024.

“This result emphasizes the growth of brand confidence, consistency in development, and a high level of professionalism recognized by leading industry experts,” the network said.

ADONIS emphasized that the network “does not stop there, confirming its reputation as a stable and professional medical brand every year.”

“We are sincerely pleased with the results, which became possible thanks to the coordinated work of the entire team of the ADONIS medical group of companies – people who love their work and work with their hearts every day,” ADONIS emphasized.

 

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World’s largest steel producers in 2024 from World Steel Association

Experts club presents the 2024 ranking of all steel-producing countries in the world. The ranking is compiled by the World Steel Association (Worldsteel), which updates data for all steel-producing countries on a monthly basis. Below is the production data in million tons, with percentage of production in 2023 in parentheses.

Global steel production continued to perform strongly in 2024, despite fluctuations in demand and the impact of economic factors. China remained the undisputed market leader, producing 1,005.1 million tons of steel, accounting for more than half of the global total. India, which took second place, continues to increase production, reaching 149.6 million tons, while Japan rounds out the top three with 84 million tons, followed by the United States and Russia.

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S&P upgrades Serbia’s long-term sovereign rating

S&P has upgraded Serbia’s long-term sovereign rating from BB+ to BBB-, which removes its foreign currency bonds from junk status and puts them in the investment grade category, Bloomberg reports citing a statement from the agency.

The rating outlook is stable. Thus, the rating company now assesses Serbia’s creditworthiness on a par with Hungary and Romania and one notch below Mexico. The country’s speculative rating remains at Fitch Ratings and Moody’s Ratings.

“The rating upgrade reflects Serbia’s increasing resilience to shocks thanks to effective macroeconomic management, which we expect to continue in the coming years,” S&P said in a statement.

It emphasizes that robust domestic demand, accumulated reserves, and prudent fiscal and monetary policies, supported by cooperation with the IMF, allow Serbia to withstand economic difficulties and future potential shocks.

S&P changed its outlook on Serbia’s credit rating to positive in April 2024, and Fitch and Moody’s followed suit in August, raising the possibility that the country will soon receive an investment grade rating from the three global rating agencies, according to Bloomberg. Serbia became the first country in the Western Balkans to receive an investment grade rating and the only EU candidate country with such a rating. Yields on Serbia’s 2034 dollar-denominated bonds fell 70 basis points from their June peak to 5.63% as of Friday, October 4.

Since June, Serbia’s bonds have posted a 7% return, outperforming the Bloomberg EM Hard Currency Index, which was up 5.8%. Some investors, such as Morgan Stanley Investment Management, have long believed that Serbia deserves a rating upgrade, the agency notes.

Source: http://relocation.com.ua/sp-%D0%BF%D1%96%D0%B4%D0%B2%D0%B8%D1%89%D0%B8%D0%BB%D0%BE-%D0%B4%D0%BE%D0%B2%D0%B3%D0%BE%D1%81%D1%82%D1%80%D0%BE%D0%BA%D0%BE%D0%B2%D0%B8%D0%B9-%D1%81%D1%83%D0%B2%D0%B5%D1%80%D0%B5%D0%BD%D0%BD/

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Moldovan incumbent Sandu leads in ranking of presidential candidates

Moldova’s incumbent President Maia Sandu is leading the ranking of potential candidates for the October 30 elections, according to an opinion poll presented at a press conference on Tuesday.
According to the poll, if the presidential election were held next Sunday, 30.3% of respondents would vote for Sandu, 13% for the head of the Socialist Party, Igor Dodon (who has already announced that he will not run); 6.5% – for the leader of Our Party Renato Usatîi; 5.6% – for the former bashkan of Gagauzia Iryna Vlah; 5.4% – for the mayor of Chisinau Ion Ceban, who, like Dodon, has stated that he does not intend to run.
Almost one in five respondents said they had not yet decided who they would vote for. If we take into account only the voters who have decided, 39.3% are ready to vote for Sandu, 16.9% for Dodon, and 8.5% for Usatîi.
Former prosecutor Alexandru Stoianoglo, whom the Socialist Party decided to nominate as an opposition candidate, gained 1% in the poll.
“Stoyanoglo recently announced his intention to run. He was not included in the list of presidential candidates, and this 1% is those who named Stoyanoglo on their own. It is possible that Stoyanoglo’s rating may be significantly higher now,” said Vasyl Kantarzhy, director of the CBS-Reserarch sociological company.
Speaking about the level of trust in politicians, he noted that when asked an open question about trust in politicians, 21.3% of respondents named Sandu, 7.2% – Dodon and 4.6% – fugitive oligarch Ilan Shor. They are followed by the head of the Our Party, Usatîi (3.3%), and the mayor of Chisinau, Ceban (3.2%).
At the same time, 38.2% of respondents said they did not trust any of the politicians.
The poll was conducted by CBS-Reserarch on behalf of the Institute for European Policy and Reform. The survey was conducted on June 28-July 18 with the participation of 1119 people. The margin of error is 2.9%.
Earlier, the Experts Club think tank and Maksim Urakin presented an analytical material on the most important elections in the world in 2024, a more detailed video analysis is available here – https://youtu.be/73DB0GbJy4M?si=eGb95W02MgF6KzXU

 

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Results of second all-Ukrainian rating of artistic higher education institutions

The Tchaikovsky National Music Academy of Ukraine has topped the nationwide ranking of artistic higher education institutions presented by the Institute of Sociological Research of the Kyiv National Economic University named after V. Hetman and the research company Active Group.

According to Oleksandr Poznyi, the coordinator of the project to create the rating, director of the Active Group research company, artistic higher education institutions are a very complex and important social institution that requires a specific methodology for studying.

“That’s why we combine the efforts of researchers, scholars and the best practices of the international community to improve our ranking of artistic higher education institutions,” he said at a press conference at Interfax-Ukraine on Tuesday.

Pozniy emphasized that the main mission of the rating is to evaluate artistic institutions, as the existing ratings are designed for classical universities and do not take into account the unique aspects of art education and the specifics of evaluating art institutions. This, in turn, affects the objectivity and significance of these rankings in the context of art education, resulting in the underrepresentation of artistic institutions in the rankings.

“This is an important step in creating a transparent and objective system for evaluating artistic educational institutions, which allows us to adequately assess their contribution to the cultural development of the country. The ranking is designed to reflect the uniqueness of each artistic institution. We have applied comprehensive criteria that include teaching, research, international activity and financial stability,” said Yulia Gorbova, Director of the Institute of Sociological Research at the Kyiv National Economic University named after V. Hetman.

According to her, the methodology of this year’s ranking was improved as part of the joint research work of Active Group, the Institute of Higher Education and the Institute of Sociological Research of the Kyiv National Economic University named after V. Hetman. The study searched, systematized, and analyzed international and local general and subject (industry) rankings, with a special focus on the rankings of art education institutions and/or educational programs.

Art higher education institutions were analyzed by 45 parameters grouped into six blocks: “Teaching and Learning”, “Science and Research”, “Impact of Higher Education Institutions on Society Development”, “Internationalization”, “Institutional Reputation”, and “Financial Sustainability”. The share of each group of indicators and the weight of each individual criterion was determined based on the analysis of international experience and adjusted based on the results of an expert survey of representatives of the field of art education.

The authors of the ranking also used multi-criteria approaches to evaluating the activities of higher education institutions based on the processing of data that can be obtained from open sources and whose validity can be verified.

The sources of data for the ranking of artistic HEIs were: EDEBO, NAQA, Rector’s Report, Report on Scientific Activities, Estimates, Financial Statements of HEIs, HEI Website, Scopus, Web of Science, OpenAlex, Ukrainian National H-index Ranking, Google Scholar, Transparent Ranking, QS, UniRank, services for measuring brand reputation on the Internet and social networks.

As a result, the all-Ukrainian ranking of art universities for the 2023-2024 academic year was as follows:

Place in the ranking Result
Tchaikovsky National Music Academy of Ukraine 1 68,6
Kharkiv State Academy of Design and Arts 2 47,7
Kharkiv State Academy of Culture 3 43,8
Lviv National Academy of Arts 4 43,5
National Academy of Fine Arts and Architecture 5 41,7
Kharkiv National University of Arts named after I.P. Kotlyarevsky 6 39,6
Kyiv National University of Theater, Cinema and Television named after I.K. Karpenko-Kary 7 38
A.V. Nezhdanova Odesa National Music Academy 8 32,2
Mykola Lysenko Lviv National Music Academy 9 32,1
Mykhailo Boichuk Kyiv State Academy of Decorative and Applied Arts and Design 10 27,2
National Academy of Management Personnel of Culture and Arts 11 27,1
Transcarpathian Academy of Arts 12 14,5
Luhansk State Academy of Culture and Arts 13 12,3

The researchers plan to continue this assessment of artistic institutions in order to track the dynamics of the development of Ukrainian art education institutions. The project team invites everyone to join the work on the development of the ranking, in particular, to improve the criteria for evaluating art institutions.

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