The Volyn District Administrative Court upheld the claim of the Osokorki Ecopark public organization and decided to revoke the construction permit issued to Kontaktbudservis LLC and Budevolutsia LLC for the construction of a residential complex. The developer Stolitsa Group announced its intention to appeal the decision.
“On April 25, 2025, the Volyn District Administrative Court revoked the construction permit issued to Kontaktbudservis LLC for the territory of the Osokorky Ecopark. We have once again proven that construction on the territory of the ecopark is illegal. The court’s decision revoked the construction permit for the H2O residential complex,” the Osokorky Ecopark public organization said on Facebook on Tuesday.
According to the published court decision, the court concluded that the defendant did not provide the results of an environmental impact assessment to obtain a construction permit in a protected landscape area, did not coordinate the construction project with the State Service for National Cultural Heritage and the Ministry of Culture of Ukraine, and did not coordinate the construction plans with the current General Plan of the city.
Thus, the court’s decision revoked the permit of the State Architectural and Construction Inspection of Ukraine (GASI) No. IU113181171313 dated April 27, 2018, for the comprehensive development of microdistricts 1, 2, and 2a of the Osokorki-Tsentralni residential area in the Darnytskyi district of Kyiv.
In turn, the project developer Stolitsa Group announced its intention to appeal this decision in the near future. In its opinion, the court assessed the case as insignificant and did not take into account previous decisions of the Supreme Court regarding urban planning conditions and the detailed plan of the territory in this case.
“The company considers the decision of the Volyn District Administrative Court of First Instance to be a gross violation of procedural and substantive law, and it has not entered into legal force and will be appealed in the near future,” the company said in a statement on its Telegram channel.
The developer emphasized that work on the construction site is being carried out in accordance with the approved schedules and commitments made to buyers. In addition, the company continues to fulfill its obligations under the signed memorandum on the completion of the bankrupt Arkada facilities, the statement said.
As reported, in November 2018, the Kyiv District Administrative Court dismissed the claim of the Osokorki Ecopark public organization to revoke the State Architectural and Construction Inspection’s permit for the construction of the Patriotika na Ozerakh residential complex in the Osokorki-Tsentralny residential area in the Darnytskyi district of Kyiv, issued to Kontaktbudservis LLC and Budevolutsia LLC. This decision was overturned on appeal in 2019, and later in 2020, the Supreme Court overturned both decisions and sent the case back for reconsideration.
In 2019, Kyiv City Council deputies supported the decision to create the Tyaglo Lake Landscape Reserve to preserve valuable natural complexes of flora and fauna in the Dnipro floodplain on the left bank of the capital.
Later in 2021, a memorandum was signed on the completion of the bankrupt Arkady’s projects by Stolitsa Group LLC: the Eureka, Patriotika, and Patriotika na Ozerakh residential complexes.
On January 20, 2025, Stolitsa Group opened sales in the N2O residential complex in the capital’s Osokorki district between the Tyaglo and Nebrezh lakes (the former Patriotyka na Ozerakh project from Arkada). The chief architect of the project was Alexei Kutsalo from KUB Arkhteks.
Sources: https://reyestr.court.gov.ua/Review/126877273, https://www.facebook. com/ecoparkosokorky/posts/pfbid02HQ1SYBsTGKpcNfUFTqxpupRE2geJcpc7KDGbk29UxxGb688zAikndaggEAwWy5gol, https://t.me/stolitsa_group/2564
The Danube Soybean Association has announced the launch of the third season of the program to partially compensate Ukrainian farmers for the cost of original non-GM soybean seeds, the association’s press service reports.
“Over the two years of the project, we have seen real results: farmers get a significant increase in yields – an average of 10 c/ha more compared to the regional average. This proves that the use of original certified seeds is a long-term investment in the profitability and sustainable development of the farm,” said project manager Anastasia Radiuk, quoted by the press service.
The association reminded that for the third year in a row, this initiative has been helping agricultural producers to compensate 15% of the cost of original certified non-GM soybean seeds, supporting the transition to sustainable agricultural practices that meet European standards.
The program targets agricultural enterprises with an area of up to 1000 hectares that are not part of agricultural holdings and whose ultimate beneficiaries are Ukrainian citizens. The main condition for participation is the use of soybean varieties included in the State Register of Plant Varieties suitable for distribution in the country. In addition, project participants receive additional support, such as rapid tests to detect GMOs in soybeans and advice on certification in accordance with the non-GM standards of the Danube Soybean Association.
This season’s project is open to 15 farms from all over Ukraine, except for the territories where military operations are underway or temporarily occupied by the Russian Federation.
The project runs from May 10 to November 30. At the same time, applications will be accepted from May 10 to July 31, 2025. To participate, you need to fill out an application and provide documents confirming the purchase of certified seeds on the association’s website: https://www.donausoja.org/uk/soya-farmers-support-in-ukraine/.
According to Danube Soya, over the first two seasons, more than 50 farms from 12 regions of Ukraine joined the program and received more than UAH 2 million in compensation.
The Danube Soy Association is a non-profit, independent, membership-based organization headquartered in Vienna. The two certificates “Danube Soy” / “European Soy” are awarded to non-GM soy products of controlled origin and quality from the Danube Region and Europe.
The association has more than 330 members in 27 countries.
In 2024, KSG Agro received $3.662 million in operating profit against a $1.615 million loss a year earlier, according to the agricultural holding’s report on the Warsaw Stock Exchange.
According to the report, KSG Agro’s revenue from sales in 2024 increased by 17.6% to $22.103 million from $18.786 million.
“By continuing to implement the development strategy of a vertically integrated holding, we have achieved improved financial performance in two of our strategically important business areas – crop production and pig production. The main factor behind the positive dynamics was the increase in the efficiency of the pig business in 2024 by updating the herd with sows of modern efficient genetics. As confirmed by a series of tests we conducted in early 2023, the productivity of the purchased sows is quite high not only in terms of the number of litters and farrowing weight, but also in terms of pork quality,” said Sergiy Kasyanov, Chairman of the Board of Directors of KSG Agro.
According to him, based on the tests conducted, 1.3 thousand heads of the identified low-productive sows in the herd were replaced with purchased more efficient ones during the year. This allowed the holding to produce high quality piglets and ensure high dynamics of the pig breeding business.
Kasyanov added that the main drivers of KSG Agro’s further development, including in 2025, will be increasing the efficiency of crop production and increasing the productivity of the pig herd by continuing to rejuvenate the pig population.
KSG Agro, a vertically integrated holding company, is engaged in pig production, as well as the production, storage, processing and sale of grains and oilseeds. Its land bank in Dnipropetrovska and Khersonska oblasts is about 21 thousand hectares.
According to the agricultural holding, it is one of the top five pork producers in Ukraine. In 2023, it launched a “network-centric” strategy, which will shift from developing a large location to a number of smaller pig farms located in different regions of Ukraine.
In the first quarter of 2024, KSG Agro decreased its net profit by 37% to $0.96 million on a 2% decrease in revenue to $5.02 million. Its EBITDA decreased by 2% to $1.83 million.
The acute issue of returning citizens from abroad can only be solved by creating competitive opportunities in Ukraine, said Vasyl Khmelnytsky, Ukrainian entrepreneur, founder of UFuture holding, UNIT.City innovation park and Bila Tserkva industrial park, at the forum “Industrial Evolution: Production Turns on the Economy” forum held in Bila Tserkva on Thursday.
“People often ask what needs to be done to bring our people back from abroad. I see no other way but to create competitive opportunities in Ukraine – quality education, jobs, decent wages, living standards and services. An industrial park is just such a point of economic growth and a magnet for innovation, investment and talent,” Khmelnytsky emphasized.
Thanks to the support of industrial parks by the state and the local community, the country receives investments.
“Last year, we transferred UAH 18 million in taxes to the local budget from Bila Tserkva Industrial Park, this year (we expect) UAH 25 million, and next year – UAH 50 million. In 20 years, it will be more than a billion. And this is only the local level. Today we are laying the foundation for the future for decades to come,” he said.
He thanked for the important steps the government is taking to support industrial parks.
“The Ministry of Economy has made a powerful decision to compensate 50% of the costs of building communications when creating industrial parks. I am also grateful to the Kyiv Regional State Administration for its assistance in organizing the forum, as well as to the previous head of the administration – with his support we started working on the creation of our industrial park. And with the support of the local community, deputies and the head of the city council, we managed to implement the laying of roads and communications in the park,” the entrepreneur said.
As reported, the Finnish Peikko Group Corporation announced on Thursday the commissioning of an industrial building for the future plant for the production of concrete joints and composite structures in the Bila Tserkva Industrial Park, with planned investments of EUR 3 million.
“The Finnish company is not just investing, but also sharing knowledge and experience, training our people. English and German companies are also building their production facilities here. There are also Ukrainian enterprises from Kharkiv and Sumy, real heroes who have not gone abroad but continue to work in Ukraine,” Khmelnytsky emphasized.
He recalled how twenty years ago he was invited to a meeting with the Deputy Prime Minister as an entrepreneur to share his vision of how to ensure rapid economic growth. “I honestly answered that I didn’t know how to achieve growth in a few months. But I know what we need to do now to make Ukraine a strong economy in 15-20 years: develop industrial parks, production, and education. Back then, we were not ready for this. Today I see that we are moving in the right direction,” Khmelnytsky emphasized.
He noted that the trend toward industrial recovery is global, for example, the United States is considering investing $1 trillion in its own industrial parks to bring back production from China.
The Bila Tserkva Industrial Park (IP), a project of the UFuture holding company of entrepreneur Vasyl Khmelnytsky, envisages attracting 30 resident companies and $250 million in investments by 2030, creating up to 4,000 jobs.
Source: https://interfax.com.ua/news/economic/1067627.html
The Ukrainian company City One Development and the diversified investment corporation ITOXI Corp. (South Korea) have signed a memorandum of long-term cooperation, a partnership of a strategic nature aimed at developing glass production in Ukraine, the press service of City One Development toldInterfax-Ukraine.
“We are pleased that our efforts to attract a foreign partner from a friendly country have resulted in a real deal. This is only the first step on the long road to implementing our joint plans, and we are confident that our partnership will make an important contribution to the development of the Ukrainian economy,” said Valeriy Kodetsky, President of City One Development Group, as quoted in the press release.
It is specified that the memorandum, signed in April 2025 during the visit of the Korean delegation to Ukraine, stipulates that at the first stage of the project, two glass production plants will be built within the City of Glass (Berezan, Kyiv region) and Galicia (Kalush, Ivano-Frankivsk region) industrial parks. This project will be an important milestone for the introduction of modern technologies, creation of new jobs and strengthening Ukraine’s position as a high-quality glass producer.
“We are confident that our joint work will open up new horizons for investment and technological progress. Ukraine has great potential and we are proud to be part of this ambitious initiative. The signed memorandum is an important milestone that confirms our intention to invest in the development of the country’s glass industry. We are currently finalizing an agreement to acquire a stake in the project,” said Alex Cheon, CEO of ITOXI Corp.
City One Development started construction of the first float glass plant in Berezan at the beginning of the full-scale invasion in 2022. The plant’s capacity is to produce 600 tons of glass per day, and the project is estimated at $140 million. It is being implemented as part of the Misto Skla IP. At the end of 2024, the company began construction of a second plant within the Galicia IP.
The first plant is expected to be commissioned in 2027 and the second in 2028.
City One Development is an investment and development company with over 15 years of experience. The company specializes in the creation, implementation and management of large-scale infrastructure residential complexes and actively invests in the development of Ukrainian industry.
City One Development’s portfolio includes more than 1 million 150 thousand square meters of completed projects and 600 thousand square meters under construction.
The company’s residential projects in the capital include: “Novopecherski Lypky, Boulevard of Fountains, Svyatobor Park Resort, and The Light. Among the industrial projects are two float glass factories within the City of Glass and Galicia.
ITOXI Corp is a leading investment company operating in various segments, from computer games to medical equipment and the implementation of large infrastructure projects in the international arena. In November 2023, ITOXI UA was founded with an authorized capital of UAH 8.7 million. The founders are ITOXI Corp (51%) and Roman Hryhoryshyn (49%).
According to the website, ITOXI UA is a platform for commercial B2B cooperation that connects Ukrainian companies with Korean partners. Currently, it unites 214 partners in Ukraine and 62 in the Republic of Korea, with more than 17 projects in the works.
Global lead and zinc production will exceed demand in 2025, according to the International Lead and Zinc Study Group (ILZSG).
Refined lead production is expected to increase by 1.9% to 13.27 million tons this year. This will mainly be driven by increased production in China, India, Mexico and the US, while Europe and South Korea are expected to reduce output.
Global lead consumption may increase by 1.5% to reach 13.19 million tons. Growth is expected, in particular, in Brazil, India and Japan, and a decline in South Korea.
In the US, demand for metal fell by 8.3% last year, but is expected to rise by 4.3% in 2025. In Europe, due to the decline in car production in 2024, lead consumption decreased by 4.4%, and is expected to increase by 1.8% this year. Consumption in China is expected to grow by 0.9% in 2025 after a 1.3% decline last year.
Thus, in 2025, the global market will have a surplus of lead in the amount of about 82 thousand tons, ILZSG said in a statement.
Refined zinc production in the world this year is expected to increase by 1.8% to 13.73 million tons.
Production in China will increase by 3.8% (after falling by 3.4% in 2024). Output is also expected to grow in Norway, where Boliden has recently completed the expansion of its Odda plant’s production capacity by 150 thousand tons per year. Meanwhile, zinc production is expected to decline in Italy and Japan due to the closure of Glencore and Toho Zinc’s facilities in these countries, as well as in South Korea.
Consumption of the metal may grow by 1% this year to reach 13.64 million tons. In particular, demand in China is expected to increase by 0.9% (after a 1.9% decline last year). Experts also expect consumption to rise in Brazil, India and Turkey, as well as decline in South Korea.
“Any deterioration in the global economic outlook due to uncertainty over trade policy is likely to have a negative impact on the outlook for zinc demand,” the report says.
The global zinc surplus in 2025 is projected at 93 thousand tons.
The ILZSG, established by the United Nations in 1959, provides information on supply and demand for zinc and lead and conducts research on the situation on the world markets for these metals. The Group’s members are Australia, Belgium, Brazil, Bulgaria, China, Finland, France, Germany, India, Ireland, Italy, Japan, South Korea, Mexico, Morocco, Namibia, Norway, Peru, Poland, Portugal, Russia, Serbia, Sweden, Turkey, the United States and the European Union. These countries account for more than 85% of the world’s lead and zinc production and consumption.
