The construction oblivion rules introduced by the Ministry of Regional Development, Building and Housing of Ukraine in 2018 have allowed to accept into service about 9,000 buildings of CC1 class (minor class of consequences).
Deputy Prime Minister, Minister of Regional Development Hennadiy Zubko told a press conference on January 24 that the “construction oblivion” for small houses was one of the main changes in the construction industry in 2018, along with the decentralization of powers of the State Architectural and Construction Inspectorate of Ukraine, the introduction of new state construction standards, reduction in licensing procedures, etc.
As reported earlier, the rules were developed in pursuance of law No. 2363 on amendments to Section V, Clause 9 of the Final Provisions of the law on the regulation of urban development activities to extend the deadline for the commissioning of construction projects built without a permit for construction work adopted by the Verkhovna Rada on March 22, 2018.
The law provides for an indefinite term for the legalization of self-erected facilities belonging to CC1 class. A body of the state architectural and construction inspection agency is obliged to accept the object in operation after a technical survey within 10 days from the date of the application.
The law applies to individual residential buildings, garden cottages, and country houses with a total area of up to 300 square meters, as well as amenity (homestead) buildings and structures with a total area of 300 square meters (built from August 5, 1992 to April 9, 2015) and agricultural buildings and facilities (built before March 12, 2011).
The Concorde Capital investment group has won the second auction to sell assets used as collateral for commercial loans taken in the National Bank of Ukraine (NBU), Deputy Managing Director of the Deposit Guarantee Fund of Ukraine Svitlana Rekrut has said.
“The auction was held on DebtХ (Delaware, the United States) on January 16, 2019. This is so-called “U.S. platform.” We sold the pool [of assets] for UAH 48.079 million. Only two bidders took part in the auction, and the winner is Concorde Capital,” she said in an interview with Interfax-Ukraine.
Concorde Capital CEO Igor Mazepa confirmed to Interfax-Ukraine that the company won the auction.
The final agreement has not yet been signed.
Rekrut also said that the anchor assets in this pool were the assets of Eurogasbank, including the Geneva Hotel in Truskavets, and other real estate. Literally two weeks before the auction at DebtХ, the ex-shareholder of Eurogasbank, through bankruptcy and the purchase and sale agreement, withdrew the liens.
“That is, the re-registration took place almost on the eve of the auction” Rekrut said.
According to a source of Interfax-Ukraine, the beneficiaries of the Geneva hotel in Truskavets are people’s deputy Andriy Lopushansky (Petro Poroshenko Bloc parliamentary faction) and ex-shareholder of Eurogasbank Oleksiy Ivchenko.
As reported on the website of the Deposit Guarantee Fund, the initial price of the pool of assets with the book value of UAH 6.5 billion was set at UAH 240.394 million. The assets were bought at the lowest price of the lot.
All assets pledged by the National Bank have repeatedly been put up for individual trading on the ProZorro platform and were not sold even after reducing their value to 20% of the book value. Then, these unsold assets were pooled and transferred to the DebtX and First Financial Network (FFN, Oklahoma City, the United States) to sell them using the Dutch model as part of a joint pilot project of the NBU and the Deposit Guarantee Fund. In this case, the specified pool of assets was already put up for auction at DebtX and FFN a year and a half ago.
Eurogasbank was founded in 2006. The largest shareholders in the second quarter 2014 were Oleksiy Ivchenko with 39.6296% of shares, Halyna Ivchenko with 31.9574%, and Khrystyna Ivchenko with 17.7778%.
The NBU on November 17, 2014 approved a resolution on the abolition of the banking license of the bank and its liquidation.
On January, 26 and 27 a show-program “The world of Horses” will take place in the «Kyivan Rus Park».
An interesting and cognitive program with horse performances, live vocal, theatrical performances on historic theme, ancient Slavic amusements will be waiting for the guests. Also the guests will be presented a historical horse breeds collection from all over the world in the Princely stable.
Ancient Kyiv opens at 10:00. The program starts at 13:00.
The ticket price: a full price for adult – 150 UAH, for pensioners and students – 100 UAH, for schoolchildren – 50 UAH, preschool children – for free.
Ancient Kyiv in the Principality of Kyivan Rus is not far from modern Kyiv – only in a 45-minutes’ drive – in the Kyiv region, Obukhiv district, vill. Kopachiv. Route taxis leave from Kyiv from the «Vydybitchi» metro station, according to the schedule on the website.
The Interfax subscribers can save money with the “openbusiness-20” promo code for a 20%-discount for a full price adult ticket to the Principality of Kyivan Rus:
– by previous order by tel.: +38 044 461-99-37, +38 050 385-20-35
– or at the cash desk at the entrance to the «Kyivan Rus Park».
TIU Canada seeks to acquire two projects on construction of solar power plants in Odesa region, TIU Canada CEO Michael Yurkovich has said in an interview with Ukraine Business News during the World Economic Forum in Davos.
Thus, the Canadian company continues implementing the strategy to invest $100 million in the construction of solar power plants in Ukraine until the end of this year, he said.
The company has already built a solar power plant with a capacity of 10.5 MW in Nikopol and is building another one in Mykolaiv region with a capacity of 13.5 MW. By the end of the year it is planned to begin construction of four more in Odesa and Mykolaiv regions.
TIU Canada began its activity in Ukraine in June 2017. Its owner is the investment company Refraction Asset Management (Calgary, Canada).
Enterprises of the State Forest Resources Agency of Ukraine sold 472,800 New Year trees in 2018 for UAH 32.8 million, Director General of the forestry innovative and analytical center of the State Forest Resources Agency of Ukraine Viktor Melnychenko has said in an interview with Interfax-Ukraine.
He said that the average price of one tree was UAH 69.
“With this level of sales, enterprises of the State Forest Resources Agency grow about 15 million trees. Thus, there is no harm to society or the environment from production of trees. At the same time, the market potential is much greater: about 10 million trees, if we assume that Ukraine has 40 million people [living in the country],” Melnychenko said.
He also said that in recent years, the State Forest Resources Agency has grown more trees in pots.
The aggregate state (direct) and state-guaranteed debt of Ukraine in December 2018 increased by 4.77%, or by $3.56 billion, to $78.32 billion, according to the website of the Ministry of Finance. In the national currency the state debt rose by 2.17% or UAH 46.15 billion, to UAH 2.169 trillion. In 2018, the total state (direct) and state-guaranteed debt in U.S. dollar terms increased by 2.46%, or by $2.02 billion, in hryvnias – by 1.26%, or by UAH 26.95 billion.
The Finance Ministry said that the public debt in December increased by 0.8%, to UAH 1.86 trillion (in U.S. dollars it increased by 3.36% to $67.19 billion), while the external debt decreased by 0.47%, to UAH 1.099 trillion (in U.S. dollars increased by 2.05%, to $39.71 billion).
In December 2018, state-guaranteed debt grew by 11.32%, to UAH 308.13 billion (in U.S. dollars it increased by 14.15%, to $11.13 billion), including external debt by 12.22% to UAH 297.81 billion (in U.S. dollars by 15.07%, to $10.76 billion).
The ministry also reported that the principal amount of public debt is denominated in U.S. dollars, 43.96%, another 29.13% in hryvnia, 16.59% in special drawing rights (SDR), and 9.21% in euros. In addition, less than 1% of government debt is denominated in Canadian dollars and yen.
The official hryvnia exchange rate, according to which the Ministry of Finance calculates the debt, in December strengthened to UAH 27.69/$1 from UAH 28.39/$1, or by 2.47%, whereas by the end of 2017 it was UAH 28.07/$1.
