Lviv IT-company SoftServe plans to invest over $100 million in the construction of a creative office campus on the site of Lviv penal colony No. 48 acquired for UAH 377.5 million at a privatization auction.
According to a SoftServe press release on the Business Wire portal, construction will begin in 2022 and it will take about five years. An international architectural bureau will be involved in the work on the project.
“The new campus will not only breathe new life into the whole district of Lviv, but will also continue the development of the city as a major educational and technological hub in Ukraine and in the world,” the co-founder and member of the Board of Directors of SoftServe, Oleh Denys, said.
According to the project, the campus will house SoftServe offices, as well as the company’s corporate university, conference rooms and exhibition grounds, a school and a kindergarten, and apartments.
As reported, SoftServe acquired Lviv penal colony No. 48 on a 10.7 hectare plot for UAH 377.5 million at a privatization auction held on June 3.
SoftServe specializes in software production, development services, quality control and support of information systems and business solutions. To date, about 10,000 employees of the company work in 38 offices. The main offices of the company are located in Lviv and Austin (Texas, the United States). The company’s development centers are located in Lviv, Kyiv, Dnipro, Kharkiv, Rivne, Ivano-Frankivsk, Chernyvtsi, Sofia (Bulgaria) and Wroclaw, Bialystok, Gliwice and Warsaw (Poland).
Ukrainian swimmer Yelyzaveta Mereshko has set a world record in the qualifying 200 meters swim at the Paralympics in Tokyo, according to the National Paralympic Committee of Ukraine.
“Today, Ukraine is just waking up, and we already have a world record in the morning with Liza Mereshko at the preliminary heats,” a message posted on the committee Facebook page says.
According to the data posted on the website of the Paralympics, Mereshko swam the distance in 2 minutes 56.90 seconds, 0.52 seconds ahead of American Elizabeth Marks.
As reported, the day before, Mereshko won gold at a distance of 50 meters freestyle.
National bank of Ukraine’s official rates as of 26/08/21
Source: National Bank of Ukraine
The investment company InVenture (Kyiv), acting in the interests of its client, intends to sell the Bavaria meat processing plant (village Fursy, Kyiv region) at an online auction with a starting price of $1.9 million with its estimated market value of $5 million, the company said on its website on Wednesday.
“The enterprise was built and launched in 2018. At the moment, the plant is mothballed. However, all production equipment is in good condition and is completely ready to resume being functional. Enterprise location: 5 km away from Bila Tserkva and 100 km away from Kyiv,” InVenture said.
According to it, the property complex includes: buildings and structures with a total area of 7,000 square meters, a plot of 14 hectares in private ownership, communications (electricity – 800 kW, gas, water, sewerage system with a working sewage pumping station). The sanitary and ecological standards are followed according to the national legislation.
According to the company, the facility was mothballed in 2019 due to a shortage of working capital and non-core activities of this area for its investor, who had previously planned the construction of a pig farm and a feed mill as part of the enterprise.
“At a distance of 1 km from the property complex of the meat processing plant, there is a site that was planned to be developed as a site for the construction of a pig farm with a pigsty for 1,200 sows and an annual keeping of 32,000 pigs. The project also planned the construction of a feed mill with a capacity of 5 tonnes per day and 4 silos for storing grain, 5 tonnes each,” InVenture said.
The enterprise has modern equipment, its capacity allows to produce smoked, semi-smoked, boiled-smoked and boiled sausages; deli meats, smoked meats, hams and baked meat; sausages and wieners; pates, stewed meat and brawn with a total volume of up to 15 tonnes of meat products per day. The slaughterhouse has a capacity of slaughtering and storing of 320 livestock per day.
The investment company clarified that the acceptance of bids from potential buyers will last until October 15, the announcement of the winners – October 24, and the sale of the asset is planned to be fully completed by December 24, 2021. The estimated market value of the meat processing plant is $5 million, and the starting bidding price for accepting applications is $1.9 million.
Official rates of banking metals from national bank as of August 26
One troy ounce=31.10 grams
The adoption of a law simplifying the procedure for privatization and lease of state property will be a signal for investors, including international ones, Deputy Head of the Parliamentary Committee on Economic Development Roksolana Pidlasa (Servant of the People faction) said.
“This bill [No. 4572] will become a green light for investors, including international ones. And it will also contribute to the development of regions, because after its adoption, the budgets of communities will receive funds not only from the privatization of municipal enterprises, but also 10% of the funds received from the sale of state assets,” Pidlasa told Interfax-Ukraine.
She recalled that the Verkhovna Rada has already adopted the bill at the first reading and currently the Committee on Economic Development is preparing it for the second reading.
The MP stressed that “it is privatization that gives people the opportunity not to go strawberry-picking in Poland, but to have a decent job in Ukraine, in their community.” “Hundreds of enterprises and production sites that have been abandoned and forgotten for decades and would hardly ever resume work are bought by private investors and they turn them into modern enterprises where Ukrainians are working now,” Pidlasa said.
The MP recalled that over the past year and a half, the State Property Fund returned ten key assets under state control, including the United Mining and Chemical Company, PJSC Centrenergo and JSC Odesa Port-Side Plant.
As reported, the Verkhovna Rada on July 15 adopted at the first reading bill No. 4572 on amendments to the law on the State Property Fund of Ukraine and other legislative acts promoting investment attraction in the process of privatization and lease of state and municipal property.
