AI Development and Ribas Hotels Group are planning to open Dzen Residence hotel complex in Ivano-Frankivsk region in 2025, the press services of the companies report.
“Dzen Residence is a new product for the Ukrainian real estate market. We are confident that the combination of Japanese aesthetics with the Carpathian nature will create consistently high demand and provide a stable income for our investors,” said AI Development co-founder Igor Didyk.
According to the release, the complex will be located in the village of Yablunytsia, Ivano-Frankivsk region, at an altitude of 960 meters above sea level, with a panorama of the Chornohora ridge. The 8-hectare area will accommodate 86 houses of 5 categories with an area of 42-110 sq.m. and a condo hotel with 60 rooms of 3 categories. Dzen Residence is designed in such a way that each house has a view of Hoverla, and the rooms of the condo hotel – of Petros.
The infrastructure of the complex includes a biobasin, a 655 sq. m. spa complex with an infinity pool and 5 types of saunas; a recreation area with a fireplace, places for tea ceremonies, yoga classes, two padel tennis courts; two restaurants with a panorama and a food court in the coworking area; parking for cars. A grid bridge will be built at a height of 15 meters and a pedestrian zone around the river will be arranged; there is a water source with a high mineral content; ponds with trout and Japanese carp. A large event hall (2 thousand square meters) was designed for business conferences or other events.
The project developer is AI Development. The integrated management of the hotel complex will be provided by Ribas Hotels Group. The project is designed for two stages of construction: the opening of the first stage is scheduled for Q3 2025, the second – for Q1 2025. Investors can buy cottages with an area of 55 m² with a minimum investment of $203.5 thousand, as well as apartments in condominiums with an area of 29 m2 and a price of $107.3 thousand.
“We forecast an average occupancy rate of 63% for this complex with an average room rate of $144. In terms of operating profitability, we forecast 11.1%. The total profitability, taking into account operating activities and capitalization, is 15.7%,” said Artur Lupashko, founder of Ribas Hotels Group.
AI Development is a development company founded in 2023, with an authorized capital of UAH 50 thousand. The company’s founders are Igor Didyk and Andriy Babula, with 50% of the authorized capital each.
Ribas Hotels Group is a full-service international management company with 10 years of experience, with 55 hotels under management and construction in its portfolio, including 8 projects in Bali, 1 in Moldova, and 1 in Poland. The total number of rooms is over 1000.
In January-October this year, Ukrainian companies increased imports of zinc and zinc products by 31.9% to $49.493 million (in October – $5.939 million).
Zinc exports for the first ten months of this year amounted to $419 thousand (in October – $142 thousand), while in January-October 2023 it amounted to $99 thousand.
At the same time, imports of zinc and zinc products increased by 18.8% to $45.966 million.
In 2023, zinc was exported by $130 thousand against $1.331 million in 2022.
Pure zinc metal is used to restore precious metals, protect steel from corrosion and for other purposes.
In January-October this year, Ukraine increased exports of carbon steel semi-finished products in physical terms by 61.8% year-on-year to 1 million 674,047 thousand tons.
According to statistics released by the State Customs Service, exports of carbon steel semi-finished products increased by 56.3% to $827.952 million in monetary terms.
The main exports were to Bulgaria (31.37% of supplies in monetary terms), Egypt (20.19%) and Turkey (10.39%).
In January-October 2024, Ukraine imported 15 tons of semi-finished products worth $33 thousand from Romania (60.61%) and Poland (24.24%), while in January-October 2023, it imported 92 tons of semi-finished products worth $169 thousand from China.
As reported, in 2023, Ukraine decreased exports of carbon steel semi-finished products in physical terms by 36.7% compared to 2022, to 1 million 203.454 thousand tons, while exports in monetary terms decreased by 48.9% to $608.516 million. The main exports were made to Bulgaria (36.66% of supplies in monetary terms), Poland (23.01%), and Italy (9.60%).
In addition, in 2023, Ukraine imported 96 tons of semi-finished products from China (98.26%) and Turkey (1.74%) for $172 thousand.
In January-October this year, Ukraine reduced exports of titanium ores and concentrate in physical terms by 43.7% year-on-year to 5.725 thousand tons.
According to statistics released by the State Customs Service, exports of titanium ore and concentrate in monetary terms decreased by 45% to $9.343 million.
At the same time, the main exports were made to Turkey (62.65% of supplies in monetary terms), Poland (8.56%) and Egypt (6.72%).
At the same time, experts emphasize the discrepancy between the statistics on titanium ore exports. In particular, at the request of Interfax-Ukraine, Velta Production and Commercial Firm (PCF) LLC with titanium ore mining assets in Novomyrhorod (Kirovohrad region) reported that in January-February 2024 alone, the company exported more than 15 thousand tons of ilmenite (titanium concentrate) to the Czech Republic and Mexico. At the same time, experts believe that the GTS provides data only on the supply of rutile (also a titanium-containing ore).
In ten months of 2024, Ukraine imported 209 tons of titanium ore worth $326 thousand from China (90.80%) and Senegal (9.20%).
As reported, in 2023, Ukraine reduced exports of titanium ore in physical terms by 96.4% compared to 2022 – to 11,648 thousand tons, and revenue by 85.1% – to $19.426 million. At the same time, the main exports were made to Turkey (38.21% of supplies in monetary terms), Japan (16.53%) and India (6.12%).
During this period, Ukraine imported 1 ton of such ore from the Netherlands for $2 thousand.
In Ukraine, titanium ores are currently mined mainly by the United Mining and Chemical Company (UMCC), which manages Vilnohirsk Mining and Metallurgical Plant (VGMK, Dnipro region) and Irshansk Mining and Metallurgical Plant (Irshansk, Dnipro region). ) and Irshansk Mining and Processing Plant (IGOK, Zhytomyr region), as well as Mezhyrichny GOK and Valky Ilmenite (both based in Irshansk, Zhytomyr region). In addition, Velta (Dnipro) has built a mining and processing plant at the Byrzulivske deposit with a capacity of 240 thousand tons of ilmenite concentrate per year.
Energy imports, forecast, billion dollars
Open4Business.com.ua
Consumer price growth in Ukraine accelerated to 1.8% in October 2024 from 1.5% in September, 0.6% in August, and zero in July, the State Statistics Service (Ukrstat) reported on Friday.
The statistics agency recalled that in October 2023, consumer prices rose by 0.8%, so year-on-year inflation in October 2024 rose to 9.7% from 8.6% in September, 7.5% in August and 5.4% in July.
It is indicated that in October-2024, core inflation decreased to 1.3% from 1.7% in September. Taking into account that in October-2023 it was equal to 0.4%, on an annualized basis, core inflation rose to 8.3% last month from 7.3% in September, 6.5% in August and 5.7% in July.
In the consumer market, prices for food and non-alcoholic beverages rose by 3.2% in October. Vegetables and eggs rose the most (by 18.2% and 18.1%). Prices for butter, fruit, milk and dairy products, sunflower oil, processed cereals, beef, soft drinks, bread, lard, fish and fish products increased by 6.9-1.3%. At the same time, sugar prices fell by 4.2%.
Prices for alcoholic beverages and tobacco products increased by 1.8%, driven by a 2.6% rise in the price of tobacco products.
The 1.0% increase in healthcare prices was primarily due to a 1.3% increase in prices for hospital services and a 1.2% increase in prices for outpatient services.
Transportation prices increased by 0.5%, mainly due to a 0.8% rise in fuel and oil prices and a 0.7% rise in road passenger transportation fares. At the same time, railroad passenger transportation fell by 4.7%.
As reported, inflation in Ukraine in 2023 fell to 5.1% after a jump in 2022 to 26.6% from 10.0% in 2021.
In late October, the National Bank of Ukraine downgraded its inflation forecast for 2024 from 8.5% to 9.7% and worsened it for 2025 from 6.6% to 6.9%. The NBU’s forecast envisages inflation falling to 6.9% at the end of 2025 and reaching the 5% target in 2026.
For more details, please see the website: https://expertsclub.eu/operatyvna-statystyka-pro-inflyacziyu-v-ukrayini/
