Business news from Ukraine

PRESIDENT’S OFFICE ESTIMATES UKRAINE’S GDP AT 3.8%

The President’s Office estimates the growth of Ukraine’s GDP in 2021 at 3.8%, Deputy Head of the President’s Office Yulia Svyrydenko has said.
“We expect that a full-fledged economic recovery will take place during this and subsequent years. This year we forecast the growth [of GDP] at the level of 3.8%,” she told Interfax-Ukraine.
Svyrydenko said that currently there is a recovery in private consumption and external demand.
“Farmers are harvesting record harvests, which will also help the economy grow. At the same time, the growth potential today depends on the rate of vaccination, and the spread of new strains of coronavirus may be a risk,” she said.
As reported, the Ministry of Economy confirmed its growth forecast in 2021 at 4.1%, and the National Bank expects the GDP growth this year at 3.8%.

NATIONAL UNIVERSITY KYIV-MOHYLA ACADEMY PLANS TO CREATE TECHNOLOGY PARK WITH COWORKING SPACE FOR UAH 50 MLN

National University Kyiv-Mohyla Academy (NaUKMA) together with Bureau of Investment Programs (BIP) NGO are planning to create a technology park in an educational building located at 2/4, Glazunov Street for UAH 50 million with the participation of an investor. “According to our preliminary estimates, about UAH 50 million of investment is required to restore the building and infrastructure for a modern technology park. After restoration, the territory can accommodate about 40 resident companies and coworking spaces for students,” Director of BIP Oleksandr Bondarenko said.
The project will allow the university to earn money, as well as employ students, create IT products, and entrepreneurs will be able to gain access to a scientific base and innovative products and services.
The return on investment in such a project is seven of eight years due to rental payments from residents and additional services provided by the technology park’s management team, Bondarenko said.
To create a technology park, it is planned to use the educational building located at 2/4, Glazunov Street with an area of 1,700 square meters. However, alternative premises are also being considered.
The project participants signed a partnership memorandum for the development of the technology park.
“Next steps are project evaluation, concept development, and search for investors,” NaUKMA said in the press release.
The Bureau of Investment Programs (BIP) is a non-governmental organization that unites public partnerships and private investors for the construction of infrastructure facilities, attracting investment and creating a safe environment for investors in the Ukrainian market.

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OFFICIAL RATES OF BANKING METALS FROM NATIONAL BANK AS OF SEPTEMBER 17

Official rates of banking metals from national bank as of September 17

One troy ounce=31.10 grams

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NATIONAL BANK OF UKRAINE’S OFFICIAL RATES AS OF 17/09/21

National bank of Ukraine’s official rates as of 17/09/21

Source: National Bank of Ukraine

UKRAINE WANTS TO BUILD BRIDGE ACROSS PIVDENNY BUH WITH JAPANESE HELP

The Cabinet of Ministers of Ukraine approved the draft letter to the government of Japan on the project of construction of bridge across the Pivdenny Buh river in Mykolaiv. The relevant decision was made at a meeting on Wednesday. In the explanatory note it is specified that it is necessary for official confirmation of intention and interest of Ukraine in joint implementation of this construction with the government of Japan and the Japanese agency of international cooperation, and it will also specify the priority of the project for development of Mykolaiv region and Ukraine as a whole.
The text of the letter is not provided.
As it was reported, in January, 2020 the Japanese agency of the international cooperation JICA confirmed cooperation in construction of the bridge in Mykolaiv.
JICA presented the project of construction of the bridge in Mykolaiv in June, 2018.

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AN ANCIENT “ALIVE” COLLECTION WILL BE SHOWN NEAR KYIV

On Sentember, 18 and 19 the «Kyivan Rus Park» invites to dive into the exciting world of the epoch of Kievan Rus, and take part in medieval adventures and ancient Slavic funs.
35 km far from Kiev, guests can relax in an ecologically clean place and get a huge positive charge from the architecture of Ancient Kiev, horse shows, ancient Slavic amusements, horseback riding, extreme attractions, museums and exhibitions… And all these in a real medieval town!
Ancient Kyiv opens at 10:00. The program starts at 13:30.
The ticket price: a full adult ticket – 200 UAH, for pensioners and students – 150 UAH, for schoolchildren – 80 UAH, for preschool children – free.
Ancient Kyiv in the «Kyivan Rus Park» is located in Kyiv region, Obukhiv district, the vill. Kopachiv.
Details on the website www.parkkyivrus.com
The Interfax subscribers can save money with the “openbusiness-20” promo code for a 20%-discount for a full price adult ticket to the Principality of Kyivan Rus:
– by previous order by tel.: +38 044 461-99-37, +38 050 385-20-35
– or at the cash desk at the entrance to the «Kyivan Rus Park».

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