Business news from Ukraine

Business news from Ukraine

Starting July 17, men’s military IDs will be checked when leaving Ukraine

The presence of a military registration document when crossing the border is a mandatory condition for all male citizens of Ukraine aged 18 to 60, starting July 17, 2024, the State Border Guard Service (SBGS) has reminded.

“When crossing the border to leave, border guards check military registration documents of all male citizens of Ukraine aged 18 to 60. The document can be either paper or electronic,” the State Border Guard Service emphasizes.

It is noted that on July 16, the deadline established by the law of Ukraine expired, during which citizens of Ukraine had to register for military service or clarify their military registration data.

In the absence of a military registration document, border guards refuse to cross the state border to leave Ukraine.

Another reason for refusal will be the presence in the Unified State Register of Conscripts, Persons Liable for Military Service and Reservists of information about the person being put on the wanted list. In such cases, a police officer will be called to the place to carry out administrative detention of the person and bring him/her to the nearest territorial center of recruitment and social support (TSC and SS).

A separate mention is made of the category of men who have the right to cross the border due to deferment from conscription or exclusion from military registration for health reasons. Their military registration documents must contain information on the receipt of such a deferment or exclusion from military registration or a certificate in the form specified in Annex 6 of the Procedure for the Conscription of Citizens for Military Service during Mobilization, for a Special Period, approved by the Resolution of the Cabinet of Ministers of Ukraine of May 16, 2024, No. 560.

The categories of persons who, in accordance with the Rules for Crossing the Border by Citizens of Ukraine, are allowed to leave Ukraine have not changed at this time.

It’s hot in Kyiv, number of temperature records have been broken

A number of temperature records, including the temperature of water in the Dnipro River in Kyiv, were set on July 16, according to the Facebook page of the Borys Sreznevsky Central Geophysical Observatory.

“According to the observations of the Kyiv hydrological station of the Borys Sreznevsky Central Geophysical Observatory, on July 16, the maximum water temperature in the Dnipro reached 29.0°C and exceeded the previous maximum by 0.4°, which was recorded on July 22, 2010, and amounted to 28.6°C,” the post says.

The maximum daily air temperature in Kyiv on July 16 was also the highest on record for this date and amounted to 36.0°C, exceeding the previous record of 1931 by 0.2°C.

In addition, the maximum wind speed in the capital reached a record 21 m/s, which is 1 m/s more than the previous maximum recorded in 1964.

A number of daily temperature records were also set on July 16 at meteorological stations in the Kyiv region: in the district center of Vyshgorod, the town of Baryshivka in Brovary district, and at the Teteriv meteorological station in Piskivka, Bucha district.

“A new record was set at the Teteriv meteorological station. The maximum daily air temperature was +36.9°C. The previous record was set in 1951: +35.5°C,” the report says.

In Baryshivka, the maximum daily air temperature was recorded at +34.5°C, the previous record was set at +33.6°C in 2010.

At the United Hydrometeorological Station “Vyshgorod” on the night of July 16, the warmest minimum daily air temperature was recorded at +23.5°C, which is 0.1° higher than in 2010.

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Real estate market analysis by DIM partner Arseniy Nasikovsky

Over the past year, there has been a revival – the average rate of investment transactions in the Kyiv and regional markets is 15-20% due to liquid complex projects of developers who have not lost confidence during a full-scale war.
At the same time, the return of investors and the purchase of real estate for investment purposes are heavily influenced by the geopolitical situation, news, reports, and forecasts from the front line and shelling of cities.
For their own lives, people choose the comfort segment. The average cost per m2 in comfort-class new buildings is USD 1200-1500.
Investors are interested in the business segment, but only in projects with a cool concept, unique location and minimal competition.
For example, in the business class complex OLEGIV Podil by DIM, we see a very stable demand from investors who are interested in the location of the ancient Podil, the architecture, and our updated project concept in the art boutiqe format.
The usual format of business-class residential buildings at a cost of $2000-$3000 m2 is not popular among investors. In most cases, these are new buildings located in the Pecherskyi, Shevchenkivskyi, and Holosiivskyi districts. Today, there are a large number of apartments from owners on the secondary market who, for various reasons, get rid of them, sometimes giving a big discount, which creates a lot of competition with the primary market for developers.
Last year, investors did not even consider the premium segment for investment.
Now we can state the interest in premium real estate – the more expensive and unique the project, the more people buy it for early investment.
The closed pre-sale of the premium project The One by DIM exceeded all our expectations, and since the beginning of the year we have sold almost 30% of the apartments. This suggests that people are ready to invest even at the excavation stage in high-quality conceptual projects with innovative engineering solutions. Investors value exclusivity and are looking for investment opportunities. By the way, The One has the highest share of investment transactions, because for buyers of premium real estate it is definitely not the main place of residence, but rather 3-5-10 apartments that are bought for investment purposes.
The most popular apartments for investors are 1-2 bedroom apartments up to 60 m2. We have almost 70% of requests for these apartments, which indicates the interest of investors. However, I would like to note that we are talking about our unique location, where there will be no other similar projects.
In general, the share of investment transactions in DIM before the war was 50%.
Now the demand for apartments as an investment is quite restrained and amounts to 20%. People buy them mostly to save money from depreciation and to make money on resale in the future. There is also a small share of transactions for the purpose of renting out real estate.
The main criterion for an investment buyer is to find an object with the highest yield and minimum risks. The biggest risk of investing in residential real estate remains the risk of unfinished construction. Therefore, you need to pay attention to:
– real, not nominal, construction dynamics,
– the number of m2 commissioned during the war
– the developer’s plans in the long term: whether the company plans new projects, improves existing ones, monitors and implements new trends
– the developer’s publicity and fresh and relevant publications in the media, social networks, and website. Their presence indicates that the developer has long-term plans.
– sales pace. If sales are very slow and the discounts are suspiciously attractive, study the information about the property and the developer more carefully.
High investor interest is also demonstrated by high-quality suburban eco-clusters with a recreational component and a wide range of their own infrastructure.
For example, more than 20% of transactions in Park Lake City are made for investment purposes.
We would like to add that in difficult times, DIM, as a system developer with a quality product, always meets the buyer halfway. For example, we now have many financial instruments in place: an installment program of up to 5 years with a down payment of 20%; a program where the first year there are fixed minimum payments from $300 to $600 per month, depending on the selected apartment size; a program with flexible payment terms – the buyer makes a down payment of 30% before the completion of construction, and pays the remaining amount within two years after the object is ready; a trade-in program – you can exchange any property you own for a new one.

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Tryzub Hockey Club and Ukrnafta announce partnership

The cooperation between HC Tryzub and Ukrnafta will be aimed at developing hockey in Ukraine and will help attract young people to the sport. The partnership will enable the club not only to strengthen its position in Ukrainian hockey, but also to reach a new level of development. Financial stability and support from one of the country’s largest enterprises will allow HC Tryzub to implement its ambitious plans and reach new heights.
Yevhenii Zyk, General Manager of HC Tryzub, said:
“We are very pleased to start cooperation with Ukrnafta. This partnership opens up new opportunities for our club and, first of all, contributes to the popularization of hockey in Ukraine. We are grateful to our new partners for their support and trust in our project.”
“In its statement, Ukrnafta emphasized the importance of supporting sports initiatives aimed at developing youth and promoting a healthy lifestyle. “We are proud to become a partner of HC Tryzub. Sport plays an important role in the life of our country, as it not only promotes a healthy lifestyle, but also fosters team spirit and resilience. By supporting youth hockey, we are investing in the future of Ukraine, because these young men and women will become the leaders of our country tomorrow,” said Maksym Miklashevskyi, Director of Marketing at PJSC Ukrnafta.
This partnership promises to be long-lasting and mutually beneficial, contributing not only to the success of HC Tryzub on the ice, but also to the overall development of hockey in Ukraine.
Tryzub Hockey Club and Ukrnafta invite all fans to support the team in the new season!

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Geographical structure of Ukraine’s foreign trade (exports) in Jan-Apr 2024, mln USD

Geographical structure of Ukraine’s foreign trade (exports) in Jan-Apr 2024, mln USD

Source: Open4Business.com.ua and experts.news