The Trajectory Group wants to build two more 25-storey buildings on the territory of Kyiv Aviation University (KAI, formerly known as NAU), according to acting rector Ksenia Semenova.
“They are constantly bringing some additional agreements retroactively without signatures, which have no official trace within the university,” Semenova says.
Currently, the developer is building a four-section building on the corner of Garmatna Street and Vidradny Avenue. Two sections have already been put into operation, and two more are at the final stage of work, but construction has been stopped. Serhiy Klymenko, a representative of Trajectory, claims that the third and fourth sections of the building cannot be completed unless construction of two more 25-story buildings is started.
“This is illegal. Investors’ money cannot be used to complete other projects without their permission. Imagine that you invest in an apartment, and the agreement says that the money will not be used for its construction, but for the completion of another building. Would you buy it?” wrote Ksenia Semenova, acting rector of the KAI.
Summarizing, the acting rector noted that the university’s position is unchanged – no construction of residential complexes on the territory of the university. Service apartments are an unprofitable investment for the educational institution and the state, because land is an exhaustible resource. And the campus can only have infrastructure that facilitates the educational process.
The university is also interested in commissioning the third and fourth sections of the building. In particular, without further involvement of Trajectory Group.
Currently, the company has been asked to provide proposals for the completion of the construction and claims that in the absence of such proposals, the university will resolve the issue without their participation.
What is known about the construction
On September 14, 2021, the SACI issued a permit for the construction of apartment buildings on the land occupied by the NAU. According to the documentation in the electronic construction system, it was a residential complex of 14 nine-story buildings with 1659 apartments.
The area of the land plot on which the NAU campus is located is 38.2 hectares (according to the Land Cadastre). The customer for the construction of apartment buildings is NAU as the user of the land plot.
The rector since 2021 is Maksym Lutskyi, a former MP from the Party of Regions, who came to NAU during the rectorate of Mykola Kulyk in 2008-2015. That’s when the development of the university’s territory began. Maksym Lutskyi is associated with this development, as Vasyl Isaienko (rector of the National Academy of Sciences in 2016-2020) told Babel.
Atmosphere Engineering Systems was the general contractor of the new construction on the territory of the National Academy of Sciences. Until April 2020, one of the owners was Yevhen Petrishchuk, who was an advisor to the head of Ukravtodor Oleksandr Kubrakov from late 2019 to May 2021.
On April 29, 2024, the State Inspectorate of Architecture and Urban Development of Ukraine revoked the permit (registration number ІУ013210909218) for construction work on the territory of the National Aviation University. This was reported by the acting rector of NAU Ksenia Semenova.
Initial registrations of new and used buses (including minibuses) in Ukraine in 2024 decreased by 19% compared to 2023, to 2,241 thousand units, Ukravtoprom reported on its telegram channel.
At the same time, registrations of new buses decreased by 24% to 1,296 thousand, and used buses by 12% to 945 units.
The top five most registered new vehicles last year were Ataman manufactured by Cherkasy Bus (350 units), Etalon manufactured by Chernihiv Automobile Plant (254 units), Ford buses (191 units), Ukrainian ZAZ buses (154 units), and Citroen buses (122 units).
The most frequently registered used buses were Mercedes-Benz – 309 units; Van Hool – 103 units; VW – 78 units; VDL – 71 units and Iveco – 62 units.
The Association reported that in December, 330 buses and minibuses were registered in Ukraine – 30% more than in December 2023, and 27% more than in November 2024.
“This is a record number of buses over the past 35 months,” Ukravtoprom stated.
The share of new vehicles in total registrations amounted to 59% (195 units), which is 6 percentage points less than last year and 4 percentage points less than in November 2024.
According to the Association’s statistics, in December, the top five leaders in new bus registrations were Ataman (59 units – 10 units less than in December 2023), Ford (39 units against eight a year earlier), ZAZ (29 units – 2 units less), Etalon (28 units against 16 units) and Renault (10 units against one).
In Ukraine, buses are produced by Cherkasy Bus, Chernihiv Automobile Plant of Etalon Corporation, Zaporizhzhia Automobile Plant of UkrAuto Group, and Bas Motor LLC (Bogdan buses), but the bulk of their production is school buses purchased by regions under the School Bus state program.
In addition, large buses are produced by Lviv-based Electron Corporation (9 such buses were registered in December).
Chinese authorities are considering selling TikTok’s US business to businessman Elon Musk if the short video service fails to challenge a ban on the use of its application in the US, Bloomberg reports, citing informed sources.
The sources emphasize that the Chinese government wants to keep TikTok under the control of its parent company ByteDance Ltd. The appeal against the ban is being considered by the US Supreme Court, but it is likely that the judges will uphold the ban.
Pending the decision, Chinese officials have begun discussing other options for TikTok’s US business. One option involves the participation in the deal of Musk, who is a close supporter of US President-elect Donald Trump. Musk also has a good reputation in China, where the largest plant of his car company Tesla is located.
According to sources, in one of the possible scenarios, control over TikTok’s US operations could go to Company X (formerly Twitter). The number of TikTok users in the US exceeds 170 million, and the acquisition of the service could help X attract advertisers. In addition, Musk has founded a separate company in the field of artificial intelligence, xAI, and it can find application for the huge amount of data generated by TikTok.
Sources note that the discussions are preliminary and no decisions have been made yet. It is also unclear how aware ByteDance is of the Chinese government’s plans, and whether ByteDance, TikTok, and Musk have had any talks about a possible deal.
Elon Musk, ByteDance, and TikTok did not respond to Bloomberg’s requests for comment, nor did representatives of China’s Cybersecurity Administration and Ministry of Commerce.
TikTok’s U.S. operations could be valued at $40-50 billion, according to Bloomberg Intelligence analysts. This is a significant amount of money even for the richest man in the world, and it is unclear how Musk could pay for such a deal. He acquired Twitter in 2022 for $44 billion and is still paying off the debt taken out to finance the deal.
Bloomberg also notes that TikTok’s business in the United States is a valuable asset that other players are also claiming. In particular, billionaire Frank McCourt and investor Kevin O’Leary have previously announced their intention to buy the business. Other contenders may include Microsoft Corp. and Oracle Corp. which is TikTok’s longtime partner in the technology sector.
President of Ukraine Volodymyr Zelenskyy invited Prime Minister of Slovakia Robert Fico to visit Kyiv on Friday.
“Good. Come to Kyiv on Friday,” Zelensky wrote on social media platform X, attaching an invitation to Fico, in which he invited the Ukrainian president to a meeting near the state border between Slovakia and Ukraine.
As reported, Slovak Prime Minister Robert Fico invited Ukrainian President Volodymyr Zelenskyy to a meeting near the state border between Slovakia and Ukraine. Fico announced his invitation during a video message to Zelensky posted on Fico’s Facebook page.
PJSC Insurance Company Garantiya will be renamed PJSC Garantiya, changing its main activity from insurance to insurance agents and brokers.
This is reported in the agenda of the meeting of shareholders of the company, scheduled for January 28, information about which is posted in the system of the National Commission on Securities and Stock Market.
Also the company, in particular, plans to engage in other auxiliary activities in the field of insurance and pension provision, in the field of law, accounting and auditing; consulting on taxation, consulting on commercial activities and management, providing information services and renting and operating its own or leased real estate.
As reported, PJSC Insurance Company Garantiya voluntarily withdrew from the market by transferring its insurance portfolio to PJSC Insurance Group TAS.
According to the statements for 2023 presented by the company, its insurance portfolio of the company was formed mainly by payments under contracts of compulsory motor TPL insurance – 77% and health insurance – 10%.
The volume of insurance premiums of the company in the specified period amounted to UAH 33,993 mln, formed insurance reserves – UAH 17,645 mln, payments – UAH 27,214 mln. The share of the company in insurance premiums in the insurance market is 0,08%.
After SG “TAS” informed that since September 9, 2024 it assumes the fulfillment of obligations under insurance contracts concluded by Private JSC “Insurance Company ‘Garantiya’.