Business news from Ukraine

Business news from Ukraine

GROSS OCCUPANCY OF OFFICES IN KYIV 17% UP

The volume of gross occupancy of office real estate in Kyiv in 2019 increased by 17% compared to 2018, to 170,000 square meters, which is a record for the past 11 years (since 2007), according to CBRE Ukraine international consulting company (Kyiv).
“The macroeconomic situation in Ukraine improved significantly in 2019, despite the political uncertainty surrounding the elections. The volume of real GDP showed a positive trend with an indicator of plus 3.3% year-on-year in 2019 (according to preliminary data from the NBU). The Business Expectations Index for the 12 months decreased by 7.9 percentage points, to 118.7 as of the fourth quarter of 2019. However, with a decrease in unemployment by 0.4 percentage points year-on-year and the rapid growth of the IT cluster (approximately more by 20% in 2019), the demand for office space continued to grow,” the report says.
According to the company, a significant share in the structure of gross absorption (44%) was made by IT and telecommunications companies (more by 4%). Companies engaged in manufacturing, industry and energy ranked second with a 25% share.
“The growth in demand by IT sector companies over the past five years is explained not only by the rapid development of industry in Ukraine, but also by the specifics of the industry companies. Most IT professionals provide services to international companies on the terms of outsourcing or out-staffing and are mainly involved in temporary projects, which determines the mobility of workers, requires flexibility in office space and expands the demand for co-working,” CBRE said.
Thus, the segment of co-working and full-service offices amounted to 12% of the gross absorption structure. The rest in the structure were represented by companies from the financial sector and banks (9%), the FMCG sector (3%) and other segments, which together accounted for 7% of the total gross absorption.

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NATIONAL BANK OF UKRAINE’S OFFICIAL RATES AS OF 05/03/20

National bank of Ukraine’s official rates as of 05/03/20

Source: National Bank of Ukraine

OFFICIAL RATES OF BANKING METALS FROM NATIONAL BANK AS OF MARCH 05

Official rates of banking metals from national bank as of March 05

One troy ounce=31.10 grams

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THE INTERNATIONAL WOMEN`S DAY WILL BE CELEBRATED IN THE KYIVAN RUS STYLE NEAR KYIV

Ancient Kyiv in the Principality of Kyivan Rus («Kyivan Rus Park») invites to celebrate the holiday of spring and beauty in the Kyivan Rus style.
On March, 7, 8 and 9 a lot of entertainment and original performances will be waiting for the guests: horse shows, demonstrative performances based on the ancient equestrian martial arts, horse riding, museums, expositions, a variety of dishes prepared on open fire, round dances, games with prizes, extreme attractions and even the medieval fashion show.
To the holiday of spring and beauty Ancient Kyiv has prepared a present: on March, 8 all the women get a 50 % discount on the entry tickets, and for girls under 18 – a free entrance.
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 – for free. Sale: on March, 8 the tickets for girls aged 18 and over – 100 UAH, and for girls under 18 – for free.
Ancient Kyiv in the «Kyivan Rus Park» is located in Kyiv region, Obukhiv district, the vill. Kopachiv. You can go by your own car or public transport from the «Vydubychi» metro station.
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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LEADERS OF HOUSING COMMISSIONING IN UKRAINE IN 2019 ARE KYIV CITY AND REGION, LVIV, ODESA. IVANO-FRANKIVSK

Housing commissioning in Ukraine in 2019 increased 26.9% compared to 2018, to 11.029 million square meters. According to the service, the share of commissioning of houses built without permits for construction work and put in operation under temporary commissioning rules was 23.7% (2.622 million square meters).
According to the report, 6.807 million square meters of housing was commissioned in urban areas in 2019, and 4.223 million in rural areas. Some 53% of total volume of housing was commissioned in single-family houses, and 46.9% in houses with two and more apartments.
Over the period, 125,986 apartments were commissioned, including 87,823in urban areas and 38,163 in rural areas. Average area of apartments was 87.5 square meters.
Some 55.4% of housing was commissioned in Kyiv city and region, as well as Lviv, Odesa and Ivano-Frankivsk regions in 2019, in particular in Kyiv city – 1.114 million square meters.

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22,000 HOUSEHOLDS IN UKRAINE INSTALL PV PANELS IN 2019

About 22,000 Ukrainian households installed photovoltaic (PV) panels in 2019 and use clean electricity, the press service of the State Agency of Energy Efficiency and Energy Saving has reported.
So, as of January 1, 2020, about 22,000 households in the country use clean electricity, having invested about EUR 450 million in PV panels. The total capacity of the installed panels exceeds 553 MW.
“Thanks to solar panels, families save on electricity bills, independently provide for their energy needs, become energy-efficient, have more motivation to use energy-efficient household appliances,” the authority said.
The leaders among the regions in the use of clean electricity are: Dnipropetrovsk – 2,700 MW, Ternopil – more than 2,000 MW, and Kyiv – almost 1,800 MW.
As reported, as of October 1, 2019, about 15,000 households had established PV panels in Ukraine, having invested EUR 300 million in them