Note. Excluding the temporarily occupied territories of the Autonomous Republic of Crimea, the city of Sevastopol and in a part of the zone where the anti-terroristic operation. Source: State Statistics Services
KYIV. April 14 (Interfax-Ukraine) – Capital investment in residential real estate in Kyiv under transactions carried out by Blagovist and Park Lane real estate agencies (both based in Kyiv), part of First Realty Group, in March 2016 increased by 22% compared to February and amounted to $19.207 million, while the number of purchase and sales transactions rose by 24%.
Blagovist said, with reference to its CEO Halyna Melnykova, this data includes the calculation of the cost of a transaction in the national currency at the average exchange rate to U.S. dollars on the day of the transaction.
According to the report, in the total number of First Realty Group transactions in March 2016 the share of deals in the price range of up to $50,000 was 35%. The largest demand was fixed for one- and two-room apartments in Holosiyivsky, Darnytsky, Desniansky, Obolonsky and Sviatoshynsky districts in Kyiv.
According to the company, the most “low-cost” object sold in Kyiv in March 2016 was a one-room apartment of 36 square meters without repair, located in a new building in Krushelnytska Street in Darnytsky district. This apartment was sold for $20,000.
In addition, the category of low-cost objects included a flat of 21.7 square meters, located in Volkova Street in Desniansky district, which sold for $21,000.
KYIV. April 14 (Interfax-Ukraine) – The Federal government of Germany via KfW investment bank will provide EUR 17 million to renew drinking water system in Chernivtsi, the Delegation of the European Union (EU) to Ukraine has reported.
The EU will support the project via its Neighbourhood Investment Facility (NIF) under the “Programme for Modernisation and Rehabilitation of Municipal Infrastructure” in Ukraine and will provide EUR 3 million.
The first of three installments of the loan totals up to EUR 17 million.
The project will enable the municipality of Chernivtsi to manage its regional water resources in a more efficient, environmentally sound and sustainable way. Moreover, it will improve the living conditions of the local citizens by providing round-the-clock access to a higher quality drinking water. The loan funds measures include the rehabilitation of pumping stations and groundwater intakes in order to increase energy efficiency. Replacing old and leaking pipes in the drinking water distribution system will reduce physical water losses.
The total cost of the project is EUR 61.5 million.
KYIV. April 14 (Interfax-Ukraine) – Leading audit companies Еrnst & Young and Deloitte in partnership with the European Bank for Reconstruction and Development (EBRD) will help to improve the financial and operational state of municipal enterprises Kyiv Metropoliten and Kyivpastrans.
An Interfax-Ukraine correspondent has reported that the memorandum was signed in Kyiv City Administration on Wednesday.
Earlier EBRD Senior Banker Mark Mageletsky said that the project is financed by the EBRD as part of technical assistance for development of transport infrastructure in Kyiv city. The funding totals EUR 400,000 – EUR 200,000 for each enterprise.
Audit companies within one year to conduct a financial, law and operation analysis of the companies, offer concrete steps to improve their state and accompany these processes.
KYIV. April 14 (Interfax-Ukraine) – The State Agency of Ukraine for Managing Exclusion Zone seeks to restructure state-run specialized enterprise Chornobyl Nuclear Power Plant (NPP) and separating four core types of operation, Agency Head Vitaliy Petruk has said.
He said that starting from 2018 spent nuclear fuel, radioactive waste, new safe confinement and servicing are to be separated.
This would allow more efficiently using the existing infrastructure of the Exclusion Zone and cutting gas consumption thanks to sustainable energy.
Petruk said that development of solar energy is an interesting project. The zone has power lines and non-farmland.
Head of Chornobyl Institute of Research and Development Vitaliy Demyaniuk said that attitude to the Exclusion Zone should be changed. Chornobyl should be associated with research and science, engineering achievements, sustainable energy and natural preserve.
KYIV. April 13 (Interfax-Ukraine) – The Allseeds Group seeks to expand the capacity of its elevator by 50%, to 120,000 tonnes, investing $7.5 million in it before October 2016.
The company said in a press release that the elements of the elevator will be shipped by the traditional partner of Allseeds – Jiangsu Muyang Group. A contract worth $1.5 million has been signed with the Chinese company.
“The expansion of the company’s elevators and warehouses jointly with building an additional transportation line will cost $7.5 million. This would help to considerably increase the speed of crop acceptance, cut time for processing trucks and railway cars,” Allseeds Director General Volodymyr Slabovsky said.
Allseeds Group in July 2015 launched a first line of the oil crushing plant at Yuzhny port in Odesa region with a capacity of 2,400 tonnes of oilseeds a day. Allseeds by 2021 will expand the capacity of its plant at Yuzhny port to 10,000 tonnes of oilseeds per day through the construction of second and third production lines at the plant.
