Business news from Ukraine

Business news from Ukraine

Vostochny GOK holds tender for MTPL insurance policies

On January 20, SE “Eastern Mining and Processing Combine” (“Vostochny GOK”, Zheltiye Vody) announced a tender for services of compulsory insurance of civil liability of owners of land transport (MTPL).

According to the message in the e-procurement system Prozorro, the expected cost of purchasing services is 602.095 thousand UAH.

The deadline for submission of bids is January 28.

The winner of a similar tender in January last year was IC “VUSO”.

“Vostochny GOK” – the only in Ukraine and the largest in Europe enterprise for mining and processing of uranium ore.

 

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MTPL insurance for vehicles of State Service for Special Communications and Information Protection will cost 2.9 times cheaper than planned by tender

On January 20, the State Service for Special Communications and Information Protection (SSSPZZI) announced its intention to conclude a contract of compulsory civil liability insurance of owners of land vehicles (MTPL) with IC “VUSO” (Kiev)

As reported in the system of electronic procurement Prozorro, the company’s price offer amounted to UAH 289.5 thousand against UAH 850.7 thousand of the expected cost of purchasing services.

The tender was also attended by the insurance company “Guardian” with a proposal of UAH 381.2 thousand, “Arsenal Insurance” with a proposal for a hryvnia more than that of ‘Guardian’, and IC “Unica” – UAH 666.6 thousand.

 

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“Zaporizhiyoblenergo” announces tender for motor transport insurance under MTPL insurance policy

PJSC “Zaporozhyeoblenergo” on January 13 announced a tender for compulsory insurance of civil liability of owners of land vehicles (OSAGO), as reported in the system of electronic public procurement Prozorro.

The expected cost of services is UAH 1.713 mln.

Documents for participation in the tender are accepted until January 21.

“Zaporozhyeoblenergo” operates electricity distribution networks in the territory of Zaporizhzhya region and provides services on transportation and supply of electricity to consumers. The length of overhead power lines is more than 37 thousand kilometers.

 

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“Ukrenergo” announces tender for auto insurance (hull insurance) with budget from UAH 4 million

PJSC “National Energy Company (NEC) ”Ukrenergo“” On January 7 announced a tender for voluntary motor insurance (CASCO) services.

As reported in the system of electronic public procurement Prozorro, the expected cost of purchasing services is UAH 4.065 million.

The last day for submitting applications for participation is January 15.

 

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Vodafone Ukraine announces another tender to buy back its bonds

Vodafone Ukraine (VFU), Ukraine’s second-largest mobile operator, which repurchased its own Eurobonds worth approximately $18.9 million at the end of May following several offers in connection with the payment of dividends, has announced another similar tender at a price of 98% of the nominal value for a total amount of $1.475 million.

As noted in a statement on the Irish Stock Exchange on Wednesday, on January 2, the company made another monthly dividend payment of UAH 49.315 million, which is equivalent to the monthly ceiling of EUR 1 million set by the National Bank.

Applications for participation in the tender will be accepted until January 21 inclusive, and settlements are planned for January 28.

Bonds maturing in February 2027 with a nominal rate of 9.625% per annum were issued for $300 million. Their redemption is related to the fact that on April 24, 2025, VFU announced the accrual of dividends to its shareholder in the amount of UAH 660.245 million ($15.9 million at the exchange rate specified in the announcement) for 2024. According to the restrictions of the National Bank, they will be paid in separate monthly payments. Each such monthly dividend is expected to amount to UAH 1 million. The company emphasized that under the terms of the bond issue, in this case, it must offer all bondholders to submit an application for their sale for an amount equal to the amount of dividends paid outside Ukraine.

In the first two tenders, mobile operator Vodafone Ukraine repurchased bonds for an amount equivalent to EUR 1 million. The debut repurchase was announced at a price of 99% of the nominal value, the second at 90% of the nominal value. The company did not announce the results of the second buyback on the stock exchange, while the scaling factor for the first buyback was 0.0040355668.

Following the results of the third tender, where the redemption price was reduced to 85% of the nominal value and the offer was limited to $4.67 million, Vodafone Ukraine received bids for $53.395 million and satisfied them in the amount of $5.208 million. The scaling factor was 0.1315451889487317.

The fourth tender was announced on August 13, but was then extended seven times. As a result, the redemption price was increased from 85% to 98%, and the redemption amount to $10.84 million. The company received bids for $127.14 million for this amount. Some of the bonds were returned to their owners due to the impossibility of splitting the nominal value, and the rest were accepted with a scaling factor of 0.1150681.

Finally, at the fifth bond redemption tender in December, where the price was again 98%, Vodafone Ukraine received high demand, which exceeded the offer of $1 million 164.7 thousand by more than 50 times. The scaling factor was set at 0.01901.

In total, according to the results of five tenders, the total nominal value of bonds remaining in circulation is $280 million 614.93 thousand.

As reported, mobile operator VFU increased its net profit by 10.7% to UAH 3 billion 446.80 million and its revenue by 13.3% to UAH 19.03 billion in the first nine months of this year.

The report noted that in order to service and redeem Eurobonds, the company received loans from related parties in 2025. In February, the parent company Telco Investments B.V. provided $49.59 million for partial repayment of the Eurobond debt. In June, an agreement was signed with Telco Investments for a dollar credit line in the amount equivalent to UAH 660 million, at 10% per annum, maturing in 2028.

Finally, in July 2025, a loan agreement was signed with the Dutch company Cemin B.V. for $10 million at 10% per annum, with a repayment date no later than the end of 2027, but not earlier than the maturity of the Eurobonds. The funds are credited in tranches to the company’s bank account in a foreign bank and are to be used to redeem bonds, which Vodafone Ukraine is doing in connection with the resumption of dividend payments this year.

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KMZ Industries won tender to manufacture 16 silos for feed mill in Kharkiv region

KMZ Industries (Karlivsky Machine-Building Plant, KMZ, Poltava region) has won a tender for the manufacture of hoppers for a new feed mill being built in the Kharkiv region in 2026, the company’s press service reported on Facebook.

According to the report, KMZ Industries will manufacture 16 metal silos with a total capacity of 1,084 cubic meters to expand the customer’s production capacity as part of the project. The hoppers will be used to store raw materials and semi-finished products for feed production.

“Investments in compound feed production demonstrate the desire of agricultural companies to increase added value, build more closed production cycles, and develop domestic processing. It is precisely such projects that form the long-term basis for the growth of the industry and determine the vector of development of the Ukrainian agro-industrial complex,” the company noted.

For KMZ Industries, this project is its first experience of cooperation with the customer and, at the same time, a continuation of its work in the agricultural processing segment, where the company already has practical experience in implementing similar solutions.

KMZ Industries is the largest manufacturer of elevator equipment in Ukraine and produces a full range of products, including silos, grain dryers, transport equipment, and separators, as well as providing automation and installation services.

According to the company, it has built more than 5,000 facilities. KMZ Industries silos with a total volume of more than 12.5 million cubic meters are in operation.

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