OREANDA-NEWS. On 11 January 2008 was announced, that Antimonopoly Committee of Ukraine had allowed OJSC Insurance Company "Universalna" to acquire more than 50% stake of OJSC Insurance Company "Oradon" (city of Donetsk).

It was reported that in the 2007YE Insurance Company "Universalna" and Insurance Company "Oradon" signed the merger protocol. Insurance Company "Oradon" (previously named "Oranta-Donbas", renamed in 2003), was registered on September 27, 1994, specializing in mandatory and voluntary risk insurance.

Insurance Company "Oradon" is successor in title of the former State Insurance Company "Ukrderghstrakh".