Business news from Ukraine

ORANTA INSURES NATIONAL ANTI-CORRUPTION BUREAU’S CARS

The National Anti-corruption Bureau of Ukraine (NABU) and National Joint-Stock Insurance Company (NJSIC) Oranta (Kyiv) on June 26 signed an agreement on compulsory insurance of vehicle owners’ civil liability for 96 vehicles.
The bid was expected at UAH 110,000; Oranta’s actual bid was UAH 55,155, according to an announcement in the ProZorro electronic procurement system.
BROKBUSINESS Insurance Company and U.S.I Insurance Company also took part in the bidding; their bids were UAH 60,165 and UAH 94,806, respectively.
Oranta is the legal successor of Ukrgosstrakh, founded on November 25, 1921. In 1993, Ukrgosstrakh was reorganized into OJSC NJSIC Oranta.

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