Business news from Ukraine

Business news from Ukraine

Group of Israeli investors plans to open modern sports complex in Bucha

25 May , 2023  

A group of Israeli investors is planning to open a modern sports complex of 2.7 thousand square meters in Bucha with an expected investment of $1.2 million, writes The Jerusalem Post.
“Like many other cities in Ukraine, Bucha is in the process of reconstruction and is receiving an influx of international budgets. However, funding is not enough. Many cities in the country are unable to cope on their own and need the help of entrepreneurial companies and foreign executive companies in a variety of sectors, especially in real estate, health and recreation, and infrastructure,” Alex Sotovsky, a representative of investors, was quoted as saying.
It is reported that the future sports complex in Bucha, located in a new modern shopping center, built in the city two years ago. Opening of the sports complex is scheduled for August of this year.
There will be swimming pool, heated swimming pool for children, special pool for infants, spa-area with locker rooms, Jacuzzi, sauna, specialized halls for various sports disciplines, gym, functional training zone, special areas for individual and group trainings, martial arts complex and center of fun activities for children, including summer camps, various sports sections and play rooms.
Sotovsky said the physical revitalization of Ukrainian cities must be complemented by the psychological and emotional healing efforts needed by residents, especially those who live in conflict-ridden areas.
“Many studies show that exercise has a positive effect on the psyche and is very helpful in reducing stress, combating anxiety and improving mood. In Ukraine, people are craving it. They are looking for familiar points of sanity and normality. Ukrainians are trying to get back to normalcy and rebuild their lives, including through sports,” he added.
He said there has already been a significant increase in demand for gym registrations in the country’s main cities, and the flow is expected to increase as the country returns to normalcy.

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