Business news from Ukraine

PRICES IN UKRAINIAN PRIMARY HOUSING MARKET INCREASE BY 0.7% IN 2018

Prices in the primary housing market in Ukraine in 2018 increased by 0.7% compared with 2017, in the secondary market by 0.5%, the State Statistics Service has reported. According to the agency, the data are provided excluding the temporarily occupied territory of the Autonomous Republic of Crimea, the city of Sevastopol and part of the JFO area. According to the report, the largest rise in prices in the primary housing market was observed for one-room apartments – by 1.8%, while prices for three-room apartments rose by 1.7%, and two-room apartments fell by 0.9%.
Prices for two-room apartments in the secondary market in 2018 increased most of all – by 2.7% (compared to 2017), three-room apartments by 1.2%, while one-room apartments became cheaper by 4%.

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CHANGES IN RETAIL FUEL PRICES IN UKRAINE

Average retail prices for petrol and diesel fuel in Ukraine in the period from January 11 through January 18, 2019 fell by 0.17-0.1%, while prices of LPG by 4.51%, according to data from the A-95 Consulting Group (Kyiv).
Changes in average retail fuel prices UAH per liter in Ukraine:

©Source: A-95 Consulting Company

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FIRST PREMIUM CINEMA OF MULTIPLEX NETWORK TO BE LOCATED IN KYIV’S TSUM

The first premium cinema of the Multiplex network will be opened in summer in Kyiv’s TsUM department store on the seventh floor and will have five halls with a total of 100 seats, the press service of the department store reported last week. According to a press release, the total area of the cinema will be 817 square meters. As reported, the total area of the seventh floor of the building with a zone of panoramic terraces, restaurants, bars and cafes is 3,500 square meters.
Multiplex-Ukraine plans to develop a new cinema format for the Ukrainian market from the point of view of the design of cinema halls, services and menus.
“Our network is represented by 129 halls in 15 regions of Ukraine. And we see great potential for further development: saturation is still far away. Even such an attractive place from the point of view of the solvent population, as the center of Kyiv, now suffers from a lack of cinemas and the situation has recently become only worse. In the center of Kyiv there is no newer and more attractive location than TsUM, so we immediately set ourselves the task of opening a cinema there,” CEO of PJSC Multiplex-Holding Vitaliy Pysarenko said.
As reported, at the end of 2016, ESTA Holding, the managing company of ESTA Group, established by CJSC System Capital Management (SCM, Donetsk), opened the eight-story Central Department Store (TsUM) with a total leasable area of 23,500 square meters after reconstruction.

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ONE TAXPAYER DECLARES OVER UAH 1 BLN OF INCOME IN UKRAINE IN 2018 AND 4,810 TAXPAYERS DECLARE OVER UAH 1 MLN

One taxpayer declared over UAH 1 billion of income in Ukraine in 2018 and 4,810 taxpayers declared income over UAH 1 million last year, the State Fiscal Service reported on Monday. The youngest millionaire is seven years old and the oldest – 99, the authority said.
“The largest number of millionaires who submitted declarations is registered in Kyiv. Their number is 2,184 or 45% of the total number of millionaires,” the fiscal service said. The authority said that among leaders are Kyiv region with 333 people, Kharkiv region with 328 and Dnipropetrovsk region with 303.

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