The indirect cost of housing construction in Ukraine increased by 2.1% in the third quarter compared to the previous quarter, according to the indices of indirect cost of housing construction in the regions of Ukraine approved by the Ministry of Development of Communities and Territories.
The relevant document establishes indirect indicators of the cost of housing construction, calculated as of October 1. According to it, the average indicator in Ukraine is 22.6 thousand UAH/square meter.
According to the Ministry, the indirect cost of construction of 1 square meter of housing in Kiev in the third quarter rose to 26.4 thousand UAH, in Kiev region – to 22.6 thousand UAH, in Lviv region – to 22.5 thousand UAH, in Zakarpattya region – 19.6 thousand UAH, Ivano-Frankivsk region – 20.3 thousand UAH, Odessa region – 21.7 thousand UAH. Also high indicators are set in Kharkiv and Donetsk regions – 23.8 thousand UAH/sq. m.
Geographic structure of Ukraine’s foreign trade (trade volume) in Jan-July 2024, thousand USD
Open4Business.com.ua
The Helsinki District Court has satisfied the petition of Naftogaz Ukrainy and five other companies of the group and seized certain assets owned by Russia in Finland, the company’s press service said on Monday. According to its data, it is about real estate and other assets, which are estimated at tens of millions of dollars.
“This decision is part of Naftogaz’s global strategy to recover compensation for the damage caused by the seizure of assets of group companies in Crimea in accordance with the decision of the Hague arbitration,” the report said.
The company specified that this is also the first publicly known successful seizure of assets outside of Ukraine in fulfillment of the arbitral award on cases on claims of Ukrainian companies to Russia because of the expropriation of property in Crimea in 2014.
The decision is an interim step towards the actual recovery of assets in favor of Naftogaz. At the same time, interest stipulated for non-payment of funds under the arbitration award continues to accrue until the compensation is paid in full.
“Since Russia refuses to voluntarily pay Naftogaz the funds stipulated by the Hague ruling, we continue to use all available mechanisms to recover them. Today we have stood one step closer to restoring justice. At the same time, we are taking active steps to enforce the arbitration award in other target jurisdictions where there are Russian assets,” the head of the group, Oleksiy Chernyshev, said.
In Finland, Naftogaz is being represented pro bono by attorneys Mikko Leppa and Tatu Jaarinen of HPP Attorneys, supported by Covington & Burling, acting as lead legal counsel to coordinate Naftogaz’s international enforcement efforts.
As reported, in October 2016, Naftogaz and its subsidiaries initiated arbitration proceedings against Russia for damages due to the seizure of their assets in Crimea, and in September 2017 an application was filed with the tribunal at the Court of Justice in The Hague.
The Arbitration Tribunal at the Permanent Court of Arbitration in The Hague in April 2023 ordered the Russian Federation to pay Naftogaz Ukrainy $5 billion for damages caused by the seizure of assets of Naftogaz group companies in Crimea in 2014.
Communal enterprise “Kyivpastrans” has announced its intention to conclude with IC “Guardian” (Kiev) a contract for compulsory insurance of civil liability of owners of land vehicles (MTPL) D2 200 units. As reported in the system of electronic public procurement Prozorro, the expected cost of the purchase of insurance services amounted to UAH 1716 thousand, the company’s price offer of UAH 1710.8 thousand.
The company was the only bidder.
IC “Guardian” is a member of the Presidium of the League of Insurance Organizations of Ukraine. Since January 2020 it has received the status of a full member of the ITSBU, has the right to sell “Green Card” policies.
In October, 2020 by the decision of the general meeting of the members of the Nuclear Insurance Pool of Ukraine IC “Guardian” became its member.
IC Guardian, INSURANCE, Kyivpastrans, Motor transport, MTPL insurance
Geographical structure of Ukraine’s foreign trade (surplus) in Jan-July 2024, thousand USD
Open4Business.com.ua
Chairman of the Central Election Commission of Georgia Giorgi Kalandarishvili announced the results of Saturday’s parliamentary elections.
According to him, data from 3100 polling stations out of the total number of 3111 has been processed.
He said that the ruling Georgian Dream party won the elections with 54.08% support of the voters. It was followed by four parties that broke the 5% (passing threshold): “Coalition for Change” – 10.92%, ‘United National Movement’ – 10.12%, ‘Strong Georgia’ – 8.72% and ‘For Georgia’ – 7.76%.
