Kharkiv Palace five-star hotel belonged to businessman Oleksandr Yaroslavsky and Vertex Hotel Group, which operates President Hotel in Kyiv and Bristol, Londonskaya and Formula Wellness Spa in Odesa, are developing projects to launch casinos in their premises.
“The casino project we have been working for a long time, it is necessary that the legislative framework has come to a logical conclusion. We have experience on the use of our premises with potential investors. And this crisis does not stop these plans,” General Manager of Kharkiv Palace Hotel Atis Zaharans said during the online conference entitled “Hotel Market in Crisis.”
The facility has 171 rooms, three restaurants, and large conference rooms.
“At present, we continue to work, but we have removed part of the rooms to save money. We have saved only those rooms that are necessary. We serve all guests through the room service, since all the restaurants and bars are closed, as well as the spa center… Only several rooms are occupied, no more than a dozen or two,” Zaharans said.
According to Regional Director of Vertex Hotel Group Olena Varivoda, the company is also working on a project to open a casino in the hotel’s area, without indicating which one.
“We have the opportunity to open a casino in the hotel. There is a project that we are working on, an additional service – a casino – in our area. Project work is underway to prepare this part of the hotel,” she said.
She also added that since the beginning of quarantine in Ukraine, Vertex Hotel Group immediately closed hotels such as Londonskaya and Formula Wellness Spa. At the end of March, the President Hotel in Kyiv was closed, and at the beginning of April, the Odesa Bristol was closed too.
The government at its meeting on April 15 will address the issue with salaries for the medical men, who fight against coronavirus, Health Minister of Ukraine Maksym Stepanov said during a press briefing in Kyiv on Monday morning.
“During the next meeting of the government, amendments will be made to the resolution regarding the settlement of the issue of 300% salary for medical men in March,” the minister said.
Official rates of banking metals from national bank as of April 13
One troy ounce=31.10 grams
National bank of Ukraine’s official rates as of 13/04/20
Source: National Bank of Ukraine
Ukraine’s GDP in January 2020 decreased 0.5%, the Ministry of Economic Development, Trade and Agriculture has said based on information from the State Statistics Service.
The international rating agency Standard&Poors has affirmed Ukraine’s long-term foreign and national currency ratings at “B” level, short-term “B” ratings and ratings on the national scale “uaA,” the outlook on them is “stable.”
The deficit of the national budget of Ukraine in 2020 could increase from 2.09% to 7% of GDP, Yulia Kovaliv, the deputy head of the President’s Office, has said.
Analysts from Bank of America (BofA) at the end of last week worsened the assessment of prospects for the Ukrainian economy in 2020 and expect a decrease in the country’s GDP by 1.1% due to the increased interruptions in its work.
The deficit of Ukraine’s national budget in January-February 2020 was UAH 21.5 billion, including a deficit of UAH 26.13 billion for the general fund, with the target being UAH 30 billion, according to the State Treasury Service.
According to the agency, borrowings for the specified period amounted to UAH 65 billion with the target standing at UAH 85 billion, repayment to UAH 51 billion with a plan of UAH 59 billion.
Ukraine’s GDP could fall by over 0.5% in February 2020, Deputy Economic Development, Trade and Agriculture Minister of Ukraine, Taras Kachka, who is also the Trade Representative of Ukraine, has said.
The Ministry of Economic Development, Trade and Agriculture of Ukraine intends to worsen its macroeconomic forecast for 2020-2023 over the weakening of the pace of growth of the Ukrainian economy compared with the document approved in October 2019, the ministry has told Interfax-Ukraine.
The international rating agency Standard&Poors has affirmed Ukraine’s long-term foreign and national currency ratings at “B” level, short-term “B” ratings and ratings on the national scale “uaA,” the outlook on them is “stable.”
The National Bank of Ukraine (NBU) is counting on financing the national budget deficit that has grown due to coronavirus (COVID-19) outbreak at the expense of the International Monetary Fund (IMF), central bank governor Yakiv Smolii has said.
Ukraine’s GDP will decline by 4% if quarantine lasts up to three months and by 9% if it lasts longer, Head of Dragon Capital investment company Tomas Fiala has said.
Ukraine’s economy is better prepared for the crisis and its decline will be at the level of other countries, Deputy Governor of the National Bank of Ukraine (NBU) Dmytro Sologub has said.
Analysts of J.P. Morgan forecast an economic fall in Ukraine at 2.6% of GDP in 2020, calling the condition for such a relatively small reduction the signing of an agreement with the IMF and expecting it in the second quarter of this year.
The macroeconomic forecast, on which the amendments to the national budget were based, implies a drop in the economy in 2020 by 4.8% of GDP, Prime Minister of Ukraine Denys Shmyhal has said.
JSC Ukrposhta will sign financial lease contracts for the purchase of 500 cars from Ukrlada LLC for the implementation of the Mobile Offices project on April 10, the company’s press service said on Thursday, April 9.
The contracts signing will be hold online with the participation of Director General of Ukrposhta Igor Smelyansky, Minister of Infrastructure of Ukraine Vladyslav Krykliy, Director of Ukrlada Hanna Bilozerova and chairman of the board of FUIB Serhiy Chernenko.
According to ProZorro, the following companies took part in the tender for the purchase of 500 passenger cars for organizing mobile offices: Arma Motors LLC, Ukrlada Trading House, Europa Plus LLC and Vidi Avenue LLC. The winner was Ukrlada, which offered the lot value in EUR 8.445 million that is 5.11% lower than the expected purchase price.
