Open4Business is a platform created to help foreign businesses to search for opportunities and expand to Ukrainian market.
The platform and related organizations provide a holistic set of services needed to successfully penetrate the Ukrainian starting from establishing foreign trade relations with local companies and up to establishing a subsidiary or acquiring a company in Ukraine.
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The List of Main Services:
– Market information and market intelligence
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Experts from Kyiv School of Economics (KSE) recommend the Ministry of Health of Ukraine to reduce the interval between the first and second doses of AstraZeneca vaccine from 12 weeks to eight-four weeks.
“We recommend that the Health Ministry’s expert group should decide to reduce the interval between the first and second doses of AstraZeneca vaccine and accept the relevant recommendation from the Australian technical group. It suggests that it is advisable to reduce the interval to four-eight weeks during the period of an outbreak risk,” Head of the KSE Center for Health Care Economics Yuriy Hanychenko said during an online presentation of an analysis of the situation with the spread of COVID-19 on Tuesday.
Recent studies have shown a decrease in the effectiveness of one dose of AstraZeneca against the delta strain, he said, while two doses show similar effectiveness as against other strains.
“With a significant risk of an outbreak in Ukraine, those vaccinated with only one dose will receive little protection. This risk does not outweigh the benefit of the potential increase in efficacy with a second dose after 12 weeks,” Hanychenko said.
He also noted that a number of countries, in particular the United Kingdom and Australia, have already reduced the interval between the two doses.
In addition, the expert stressed that the epidemic situation in Ukraine continues to worsen, but remains under control so far.
“Beds with oxygen and resuscitation beds are loaded by 10% and 15%, respectively. The case detection rate is at 2.8%. At the same time, hospitalizations are already a quarter higher than discharges. That is, the gap between hospitalizations and discharges is increasing and the burden on the healthcare system is accelerating. Over the week, the number of patients increased by 16%, last week the growth was 9%,” he said.
Hanychenko stressed that the incidence is growing in 16 out of 25 regions. There were four such regions last week.
More than 80% of all deaths from COVID-19 in Ukraine are people over 60, the Ministry of Health said on Facebook.
According to the report, as of August 14, 2021, some 53,255 people died from coronavirus disease, of which 43,566 were aged 60 and over.
“This is further evidence that older people are at a high risk of coronavirus disease. And the older the person is, the higher this risk. So, the proportion of people aged 60-69 among the dead is 29% [15,533 people], and people over 70 – 52% [28,033],” the report says.
Kokhavynska paper mill (Lviv region), producer of sanitary and hygienic paper products (the Kokhavynka brand), in January-July 2021 increased the volume of commercial products by 10% compared to the same period in 2020, to UAH 366.8 million.
According to the statistics of the Ukrpapir association, provided to Interfax-Ukraine, in kind the production of base paper for sanitary and hygienic products slightly fell to 22,900 tonnes.
At the same time, the production of toilet paper in rolls decreased 4.5%, to 64 million pieces. (In general, the industry’s enterprises produced 407.3 million rolls in the quarter – a 2.6% decline).
Thus, the factory retains the third position in the production of these products after Kyivsky Cardboard and Paper Mill (247.7 million rolls) and VGP (the Ruta brand, 79.5 million pieces).
Kokhavynska paper mill, operating since 1939, produces base paper for sanitary and hygiene products, as well as toilet paper and paper towels. The capacity of paper machines is 19,000 tonnes per year, processing equipment – 90 million rolls annually.
The European Bank for Reconstruction and Development has provided a loan of up to EUR 13.8 million to Kokhavynska paper mill to finance the construction of a new production facility to make paper products based on imported cellulose (currently only waste paper is used as raw material). The total cost of the project is EUR 28.5 million.
The median price of apartments in the secondary market of Kyiv was $1,308 per square meter in July 2021, which is 13.7% higher than in the same period in 2020, the press service of the address.ua portal has told Interfax-Ukraine.
“In the secondary residential real estate market, a stable but moderate trend towards price increases remains – the median price increased by 1% in July 2021 compared to June 2021 and by 13.7% compared to July 2020,” City Development Solutions Director Roman Herasymchuk said.
At the same time, according to him, the median price of one-room apartments presented in the database of the address.ua portal increased to $1,400 per square meter (by 1.2% per month and by 17.7% per year), two-room apartments – to $1,301 per square meter (0.6% and 18.8%), three-room apartments – to $1,181 per square meter (less than 1% compared to June and an increase of 7.7% per year).
“The continuing rise in prices is due to objective long-term factors such as stable demand, good indicators of profitability of investments in real estate and a systematic rise in the cost of construction, allows the secondary market to compete with the primary market, the volume of finished housing on which is not sufficient to meet the needs of the population in square meters,” Herasymchuk said.
According to him, in July, apartments in the price range of up to $30,000 were in high demand – 33% of requests to the database of the address.ua portal. The interest for housing in the range from $50,000 to $70,000 was in 29% of inquiries, from $30,000 to $50,000 in 21%, and over $70,000 in 17%.
Some 42% of inquiries to the database of the address.ua portal concerned one-room apartments, 37% of portal users were looking for two-room apartments, and 19% for three-room apartments.
At the same time, the greatest demand (38%) was for the category of apartments with an area of 50-80 square meters, 37% of requests were for apartments with an area of 35-50 square meters, 20% were interested in apartments up to 35 square meters. Housing over 80 square meters were interesting only for 5%.
“In the coming months, we can expect an increase in market segmentation – the main demand is for new housing built in the 2010s, which increases the discrepancy in prices between the old and new housing stock,” Herasymchuk said.
According to the expert, the main factor holding back the price growth is the pool of less liquid apartments in the old housing stock, which accounts for more than half of the current supply.
Herasymchuk predicts that the trend towards price increases in the coming months will continue.
The results of the study of the secondary real estate market in Kyiv for July 2021 are based on the analysis of ads posted on the real estate search portal address.ua, as well as user activity (479,519 visits in July 2021).