Yaroslav company (Kyiv), specializing in production of textiles and bedding, has opened Krolevets sewing factory (Sumy region), which specializes in sewing women’s shirts, pajamas, and workwear.
According to a report by Krolevets City Council on its Facebook page, the factory already employs about 100 people, but in 2019, with the opening of another shop, it is planned to increase the number of employees to 300 people.
At present, in particular, the factory is fulfilling an order for sewing jackets for the workers of Nova Poshta.
“It’s nice that in such a difficult time, despite the legal regime of martial law in the territory of Sumy region, new enterprises are opened,” Head of Sumy Regional State Administration Mykola Klochko, who was present at the opening of the factory, said.
The director and owner of Yaroslav company, Oleksandr Barsuk, previously reported that the company annually invests about $1 million of credit funds in equipment and modernization of production facilities.
The main specialization of the company is production of bed linen, blankets, mattresses, goods for children, kitchen textiles.
In 2017, the revenue of Yaroslav was UAH 354 million (in the first quarter of 2018 almost UAH 91 million).
The Verkhovna Rada’s chairman Andriy Parubiy will be on a visit to South Korea from December 10 to discuss, in particular, a visa-free regime between the two countries.
“We are on the brink of crucial decisions,” Parubiy said in an interview with Rada TV channel, adding that there are plans “to reach the finish in discussing the decision to discontinue the visa regime between Ukraine and South Korea.”
“Today South Korea is one of the most dynamically developing economies in the world. It is one of the top twenty most effective world economies. It is important that Ukraine could have a visa-free regime with South Korea as well,” the politician said.
The Ukrainian parliament’s speaker said the parties are planning to sign an agreement between the Verkhovna Rada and the parliament of South Korea that will help promote closer cooperation between the parliaments of both countries. Also, he voiced the hope for receiving support and assistance in upgrading the Rada system, which is used by the Ukrainian parliament for voting purposes.
Parubiy said his trip will be very important for the inter-parliamentary diplomacy and for cooperation with that region.
President of Ukraine Petro Poroshenko said that he had signed the law on the state budget of Ukraine for 2019.
“I have signed a budget law,” the president said, speaking at the 2nd Ukrainian Women’s Congress in Kyiv on Friday.
The total supply in the commercial real estate market will reach 633,000 square meters by 2020, which is 1.5 times more than now, expert in the field of commercial real estate Ihor Zabolotsky has said. “At the end of 2018, the vacancy rate dropped to 3.8%. This is an extremely low level not only for Ukraine, but also for the world. In 2017 there were practically no new projects, 8,000 square meters were commissioned. This year the figure is more significant: taking into account those objects that are to open in December 2018, the figure will reach 85,000 square meters. But these are mostly small objects with an area of 10,000-20,000 square meters, and the appearance of each of them could not affect the market as a whole. The total supply over the next two years could exceed 600,000 square meters. The total stock might increase by more than 1.5 times,” Zabolotsky said at a press conference in the Interfax-Ukraine agency.
In particular, he noted that the opening of the River Mall shopping center is scheduled for the second quarter of 2019 and the Retroville trade center for the third quarter of 2019, as well as the opening of the Blockbuster shopping center was postponed to February 2019. According to the expert, the success of the projects will be determined not by the level of rental rates, but by the purchasing capacity of the population in 2019.
Number of official unemployment persons in Ukraine is low.
The reform support team at the Ministry of Infrastructure of Ukraine has reported on the results of a preliminary feasibility study for a project to restore the runway and build a terminal at Bila Tserkva airport with an estimated investment of EUR59 million. “Getting the status of international by Bila Tserkva has already been initiated, which is expected next year. The Ministry of Infrastructure of Ukraine provides comprehensive support and assistance in realizing the potential of the Bila Tserkva aerodrome, which is provided for by the Aviation Strategy of Ukraine until 2030,” adviser to the relevant minister Oleksandr Klitin said.
The report also states that the reform support team has already held talks on the development of the airport based on the results of the feasibility study with Finpoint, Millennium Capital, Capital Times and the airport management.
The feasibility study for the airport of Bila Tserkva was developed by independent international consultants under the technical assistance program of the European Commission for Ukraine. According to the evaluation of experts from the ASSIST project, the total cost of priority investments to restore the runway and build the terminal will be about EUR59 million. The modernization of Bila Tserkva aviation complex is a pilot project of this program. ASSIST is a research project co-funded by the European Commission DG MOVE under FP7 (the EU’s Seventh Framework Program for Research). The ASSIST project has been lasting for more than 30 months, starting in April 2011. Scientific research is carried out by a consortium of six partners with the participation of NEA (the Netherlands), TRT (Italy), ProgTrans (Switzerland), FOMTERV (Hungary), CNRS-LET (France), and Fraunhofer-ISI (Germany).
