The auction commission of the State Property Fund (SPF) has set the starting price and conditions for the privatization of 100% of shares in Ukrbud Construction Company, the SPF press service reports.
It is reported that the auction commission chaired by Deputy Head of the SPFU Igor Tymoshenko, taking into account the legal requirements, set the starting price of the sale at UAH 262.646 million.
The conditions for privatization of the state-owned stake in Ukrbud construction company were also developed. In particular, the new owner must maintain the company’s core business, pay off wage and budget debts within 6 months, pay off overdue debts (except for sanctioned creditors), and transfer dividends to the state budget for 2024-2025. For employees, the new owner must provide social guarantees, prevent dismissals within six months, and conclude a new collective bargaining agreement after the current one expires.
In the near future, the Fund will submit the terms of privatization and the starting price of the stake in Ukrbud Construction Company to the government for approval.
Ukrbud Construction Company is engaged in the design of industrial and civil facilities, construction and installation works, training and retraining of workers for the needs of the construction industry.
It includes 10 subsidiaries, including design institutes and training centers.
According to the company’s annual reports, revenue for 2023 amounted to UAH 105.2 million, which is 2.5 times higher than the results for 2022, while the net loss for 2023 amounted to UAH 3 million 53 thousand against a net loss of UAH 3 million 215 thousand in 2022.
Ukraine exported 8.96 mln tonnes of wheat in July-November of 2024/25 marketing year (MY July-2024 – June 2025), which is significantly higher than last year’s pace, when 5.8 mln tonnes were exported in the same five months of the season, but it is lower than the pre-war dynamics, UkrAgroConsult news agency reported.
“Nevertheless, in the first five months of the season-2024/25, 55% of the maximum wheat exports approved in August under the memorandum between the Ministry of Agrarian Policy and Food and specialized organizations of the Ukrainian grain market have already been realized,” the analysts said.
According to them, the top five importers of Ukrainian wheat are three countries of Southeast Asia: Indonesia, Vietnam and Thailand.
It is noted that the share of remote markets has increased significantly due to the stable operation of the sea corridor, but Spain remains the main destination. Among the interesting destinations is Algeria, which has already imported more than half a million tons of Ukrainian wheat this season. At the same time, the poor harvest in France prompted local importers to switch to Black Sea grain, UkrAgroConsult explains the trends.
UK residential property prices in November rose by a two-year high of 4.8% in annualized terms, according to a report by Halifax. The growth is recorded for the twelfth consecutive month. In October, according to revised data, the rise was 4%, not 3.9%, as previously announced.
In November, housing prices increased by 1.3% compared to the previous month.
As a result, the average cost of a property in the country reached 298,083 thousand pounds ($380.3 thousand) and updated the record for the second month in a row.
Analysts expected last month’s growth of 3.6% year-on-year and 0.2% month-on-month, the Financial Times reports.
“The latest data show further improvement in mortgage demand as mortgage rates fall, boosting buyer confidence,” said Amanda Bryden, head of mortgage at Halifax. ”However, despite these positive trends, many potential buyers and those moving are still experiencing significant difficulties in terms of housing affordability, and buyer confidence may be shaken by the changing economic situation.
Borrowing costs remain higher than the average level of a few years ago, and therefore housing prices will grow at a moderate pace, she added. In her view, they should be supported by positive labor market data and the expected decline in interest rates.
Source: http://relocation.com.ua/tsiny-na-zhytlo-u-velykij-brytanii-prodovzhuiut-zrostaty/
The Embassy of Kyrgyzstan in Ukraine celebrated the 100th anniversary of the formation of the Kara-Kyrgyz Autonomous Region with a solemn event held at the National Library for Children in Kyiv. The central event was the summing up of the All-Ukrainian Children’s Drawing Contest dedicated to the works of Chingiz Aitmatov, timed to the 95th anniversary of the great writer.
The contest brought together more than 1.5 thousand children from all regions of Ukraine. Of these, 113 participants who passed the regional qualifiers were awarded prizes from the Embassy. The event was attended by more than 30 finalists and winners together with their parents, as well as representatives of the diplomatic corps, international organizations, political and public figures of Ukraine. Representatives of the Kyrgyz diaspora also took an active part.
Askar Aitmatov, President of the Aitmatov International Issyk-Kul Forum, addressed the participants with a special video message. As part of the celebrations, young artists who came to Kyiv received valuable gifts, and adults who made a significant contribution to the popularization of Turkic-language literature were awarded medals from the international organization TURKSOY and the Aitmatov Foundation.
The Embassy presented a unique almanac, which includes the best children’s works. The publication is planned to be handed over to educational institutions in Kyrgyzstan, Ukraine and the European Union, contributing to the dissemination of the cultural heritage of Chingiz Aitmatov and strengthening ties between peoples.
During the event, the importance of cultural diplomacy as a powerful tool for strengthening friendly relations between countries was repeatedly emphasized. The event was well received by the Ukrainian media, becoming an example of successful interaction between the two nations through art and literature.
The contest was an important step in popularizing Turkic-language literature, including the works of Chingiz Aitmatov, in Ukraine. It also contributed to strengthening cultural ties between Kyrgyzstan and Ukraine by emphasizing the role of art in intercultural dialogue.
The event was held in compliance with all security measures appropriate to wartime conditions and demonstrated the importance of cultural cooperation in difficult times.
OKKO network has signed a new contract for the purchase of 30 tractor trucks from the Swedish manufacturer Scania with a total value of EUR 3.3 million.
“10 of these trucks have already been delivered to OKKO’s transport divisions, and another 20 units are expected to arrive in December,” the company said on its website on Friday.
At the beginning of 2024, the OKKO network has already purchased 22 SUPER R 460 truck tractors and 10 more Everlast tank semi-trailers. In total, in 2022-2024, about EUR 30 million was invested in the renewal of the fleet.
“Thus, over the past few years, OKKO’s fleet has been renewed by more than half,” the company said.
Currently, OKKO has more than 250 vehicles for the transportation of gasoline, diesel fuel, liquefied gas and bitumen. At the same time, the company donated some of the vehicles that were withdrawn from the fleet, but still suitable and additionally repaired, for the needs of the Armed Forces of Ukraine. In particular, these are eight tractor-trailers and fuel tanker semi-trailers, as well as two air refueling semi-trailers.
OKKO filling stations network is a part of OKKO Group. It is one of the largest filling stations networks in Ukraine, with about 400 filling stations.
The founder and ultimate beneficiary of the group is Vitaliy Antonov.
As of December 6, Ukraine exported 18.855 mln tonnes of grains and pulses since the beginning of 2024-2025 marketing year, 480 thsd tonnes of which were shipped since the beginning of the month, the press service of the Ministry of Agrarian Policy and Food reported, citing the data of the State Customs Service.
According to the report, as of the same date last year, the total shipments amounted to 13.723 mln tons, including 626 thsd tonnes in December.
At the same time, in 2024-2025 marketing year, the exports of all major crops are significantly higher than last year. Thus, since the beginning of the current season, Ukraine has exported 9.078 mln tonnes of wheat (6.057 mln tonnes in 2023/24 MY), 1.865 mln tonnes of barley (889 thsd tonnes), 10.8 thsd tonnes of rye (0.9 thsd tonnes), and 7.6 mln tonnes of corn (6.642 mln tonnes).
The total export of Ukrainian flour since the beginning of the season as of December 6 is estimated at 32.8 thsd tonnes (in 2023/24 MY – 51.1 thsd tonnes), including 30 thsd tonnes of wheat (48.8 thsd tonnes).
