PJSC “Ukrstal Construction” (Kiev) is interested in becoming a participant of infrastructure projects in Bulgaria, the company’s management said during a working meeting with the Deputy Minister of Economy and Industry of the Republic of Bulgaria Doncho Barbalov within the framework of a visit to this country as part of the Ukrainian business delegation.
According to the press release, Barbalov emphasized that Ukraine is an important economic partner of Bulgaria and that the Bulgarian Ministry of Economy and Industry attaches great importance to the development of bilateral economic relations, seeking to expand them.
The participants of the meeting discussed the prospects of investment cooperation, industrial clusters and industrial zones in Bulgaria, paid attention to practical aspects of cooperation within the framework of the North-South transport corridor and the possibility of municipal investment programs. At the same time, representatives of Ukrstal demonstrated to the Bulgarian management and representatives of Bulgarian business its production capacities and its own realized projects in metallurgical, energy, oil and gas industries, infrastructure and commercial construction, construction of logistics hubs, told about the achievements and the possibility of further expansion of its own industrial parks on the basis of our plants.
“The leaders of ”Ukrstal Construction“ expressed great interest and willingness to become reliable and experienced partners of construction, energy, industrial and logistics companies in Bulgaria in the creation of transport and logistics corridors, the implementation of infrastructure facilities – bridges, terminals, airports, modernization of energy, the introduction of innovative technologies, in commercial construction,” – stated in a press release.
The Deputy Minister of Economy expressed hope that as a result of the delegation’s visit to Bulgaria concrete projects will be realized, and the Ministry of Economy and Industry will remain available to provide assistance within its competences.
As part of the program of visits on November 12-18, working meetings of the company’s management were also held in the National Assembly (Parliament) of the Republic of Bulgaria, in the Ministry of Transport and Communications, the Ministry of Energy, the Chamber of Commerce and Industry, with the municipality and the management of the Port of Burgas.
Investment opportunities, state incentives and presentation of Ukrainian initiatives, creation of industrial parks and hubs were the main topics of meetings with the Agency for Management of Industrial Zones in Bulgaria and with the Bulgarian Investment Agency, the press release said.
PJSC “Ukrstal Construction” (Kiev) is the managing company of a group of plants, including metal construction plants “Ukrstal Dnipro”, “Ukrstal Zhytomyr”, “Ukrstal Zaporizhzhya” and experimental-mechanical plant “Metalist”. The main type of economic activity is production of building metal structures and parts of structures.
According to NDU data for the third quarter of 2025, JSC “Closed non-diversified venture corporate investment fund ‘Rift’ owns 99.6116% of shares of PJSC ”Ukrstal Construction”. The ultimate beneficiary (controller) of the fund is listed as Vitaliy Haiduk.
Developer Standard One has announced the launch of a new investment and residential project in Kyiv, an apartment building on the left bank of the Dnipro River called S1 Poznyaki, with 756 apartments, according to the company’s press service.
“S1 Poznyaki is our new and largest project to date. We are expanding our network of apartment buildings and entering a new scale in Kyiv,” said Standard One Commercial Director Nadiya Rybakova, whose words are quoted in the press release.
She noted that the project is based on the build-to-rent model, which has been operating for many years in the first building of the network, S1 VDNG. The building is designed with a focus on liquidity. Most of the apartments are compact studios, which are in high demand on the rental market.
The projected profitability of the project is 8-12% per annum in dollars, and the capitalization potential during the 2-3 years of construction is up to 40% in currency.
The S1 Poznyaki complex is located in the Poznyaki microdistrict of the Darnytskyi district of Kyiv. The building has 24 floors: the first two floors will have 7,000 square meters of commercial space, and floors 3 to 24 will have 756 apartments for rent. About 80% of the apartments are one-room apartments, mainly studios with an area of 35 square meters.
The apartments are being built with white box renovations and will be ready for furnishing and rental after the keys are handed over. All operational obligations are assumed by the internal income property management company S1 Property, such as cleaning, repairs, installation of equipment, search for tenants, signing of contracts, monitoring of the condition of the apartments, and administration. Everything works through a single service.
The building will have a generator to provide electricity if necessary and its own roof boiler room to provide water and heat. During a blackout, in particular, the building will remain completely autonomous for two days. Guest parking for 360 cars is provided. The complex is equipped with a shelter and an access control and video surveillance system, as well as physical security.
The nearest metro station, Poznyaki, is a 2-3 minute walk away, and nearby is Lake Sribny Kol with walking areas, a park, a promenade, and sports grounds. Within a few minutes’ radius are schools, kindergartens, supermarkets, cafes, and all the necessary infrastructure for a comfortable life.
The lobby, with an area of about 500 square meters, features a coworking space, lounge areas, and its own cinema space. Several community spaces have been created, and there is a gym, as well as spaces for fitness, Pilates, yoga, and TRX. A laundry room is available for everyday needs.
Commercial premises are allocated for a supermarket, coffee shop, pizzeria, pharmacy, dental clinic, and office space.
Standard One (S1) is a full-cycle development company that has been developing the build-to-rent real estate segment in Kyiv since 2016. Its portfolio includes the completed S1 VDNG project and the new S1 Obolon, S1 Terminal, S1 Nyvky, and S1 Poznyaki buildings.
On November 13, 2025, the first meeting of the Council of Ministers of Trade and Investment of Central Asian countries and Azerbaijan was held in Tashkent.
The event was aimed at strengthening practical cooperation between the countries of the region in the areas of trade, investment, and industrial cooperation, as well as implementing joint initiatives to increase mutual trade and create cooperative production facilities.
Particular attention was paid to the creation of working tools to increase trade turnover between the countries of the region to $20 billion, the formation of joint production sites under the “Made in Central Asia” brand, as well as the involvement of international financial institutions and large investors in the implementation of joint infrastructure and industrial projects.
It was noted that mutual trade between Uzbekistan and the countries of Central Asia is showing steady positive dynamics. While trade turnover amounted to $3.2 billion in 2017, by 2024 it had more than doubled, reaching $6.9 billion. In particular, trade turnover with Kazakhstan is approaching $4 billion, with Kyrgyzstan — $700 million, with Tajikistan — exceeding $570 million, and with Turkmenistan — more than doubling over the past five years to $1.15 billion. Trade with Azerbaijan has also shown significant growth, up 13% since the beginning of the year.
During the meeting, the need for further optimization of customs and border procedures, synchronization of transport and logistics infrastructure, and the creation of industrial hubs capable of uniting the production chains of the countries in the region was also emphasized. Particular attention was paid to issues of industrial cooperation, joint development of raw material and technological potential, and the development of exports of finished products with high added value.
Following the meeting, a joint communiqué was signed, setting out key agreements on deepening economic cooperation, developing cooperation and joint production, and creating new mechanisms for investment interaction.
The Cabinet of Ministers has announced a competition for candidates for the positions of independent members of the supervisory board of NAEK Energoatom, according to the Ministry of Economy, Environment, and Agriculture.
“The competition for candidates for the supervisory board of Energoatom announced today is unscheduled. On November 11, 2025, the Cabinet of Ministers terminated the powers of the supervisory board ahead of schedule. At the time of this decision, there were two independent members on the board, and the competitive selection of independent candidates for two more vacant positions was ongoing. The new competition will allow the positions that became vacant due to the early termination of the supervisory board to be filled,” the ministry said in a statement on its website.
The relevant order was adopted at a government meeting on Tuesday.
In addition, by protocol decision, the government instructed the Ministry of Economy to submit to the Committee for the Appointment of Heads of Enterprises of Particular Importance to the Economy proposals for candidates for state representatives to the Supervisory Board of Energoatom.
As noted on his Facebook page by the head of the Ministry of Economy, Alexei Sobolev, the ministry will soon submit to this Committee the candidacies of state representatives to form the full composition of the supervisory board of Energoatom.
Earlier, with reference to Prime Minister Yulia Sviridenko, it was reported that on Tuesday, November 18, the government decided to announce a competition for positions on the supervisory board of Naftogaz of Ukraine (four independent members – ER).
“The contracts of the current members expire in January. Accordingly, we are launching the competition now in order to approve the new composition of the supervisory body in a timely manner and ensure the continuity of its work. We expect the new composition of the Naftogaz supervisory board to be formed by January 20, 2026,” Sviridenko wrote on Telegram.
On August 15, 2025, the Cabinet of Ministers amended the charter of Energoatom, increasing the number of members of the supervisory board from five to seven. Before its dissolution on November 11, following the publicity surrounding the Midas case, the company’s supervisory board consisted of four people: its chairman, Jarek Niewierowicz, and deputy chairman, Michael Elliott Kirst, as well as state representatives Timofey Milovanov and Vitaly Petruk. The third independent member of the supervisory board, Timothy Stone, refused to sign the contract.
On September 15, the government announced a competition to select two independent members of the Energoatom supervisory board by order No. 983-r.
Ukrainian boxer Alexander Usyk has lost his undisputed world champion status after voluntarily relinquishing his WBO belt, the World Boxing Organization said in an official statement.
“The World Boxing Organization (WBO) has announced that it has received official notification from Alexander Usyk’s team regarding the future of the WBO heavyweight championship title. After careful consideration, Usyk has decided to relinquish the title,” the statement on social media platform X said.
WBO President Gustavo Olivieri called Usyk “the champion of champions” in his comment.
“The WBO expresses its deep respect, admiration, and gratitude to Alexander Usyk, the undefeated WBO world champion in two weight classes, who has earned and demonstrated all the rights, privileges, and honors associated with the title of WBO super champion. His career is one of the most outstanding and historic in the modern era of boxing,“ he said.
The WBO emphasized in its statement that the organization’s doors ”will always remain open.“
”We accept and respect his decision to relinquish the WBO heavyweight super champion title. This is not a farewell, but, as his team put it, a respectful pause. The doors of the WBO will always remain open to Alexander Usyk and his team,” the organization said.
Usyk still remains the champion in the WBA, WBC, and IBF categories.
The National Bank of Ukraine (NBU) last week increased the sale of dollars on the interbank market by $124.5m, or 21.6%, to $700.9m, according to statistics on the regulator’s website. According to the NBU, for the first four days of last week, the average daily negative balance of purchase and sale of foreign currency by legal entities increased to $71.3 million from $58.2 million for the same period a week earlier and totaled $285.3 million.
On the market of foreign exchange transactions of households, the negative balance, on the contrary, decreased to $33.4 million on Saturday-Thursday from $43.4 million the week before last, and all days the sale of non-cash currency exceeded its purchase.
The official hryvnia/dollar exchange rate, which started last week at UAH 41.9782/$1, weakened to UAH 42.0641/$1 in three days, but ended the week at UAH 42.0423/$1.
In the cash market, the dollar exchange rate over the past week changed over the trajectory of the official one, and in general, the dollar rose by about 12 kopecks during the week: buying – to UAH 41.86/$1, and selling – to UAH 42.23/$1.
Analysts of the multi-service FinTech platform KYT Group, which is a major player in the cash FX market, noted a gradual depreciation of the hryvnia, but under full control of the National Bank, which is helped by record international reserves and last week’s receipt of another EUR5.9 bln from the EU.
According to their forecast, short-term (1-2 weeks) the hryvnia will be in the base range of 41.8-42.5 UAH/$1 with likely gravitating towards the upper boundary of the forecast.
“Medium-term (2-3 months) – 42.0-42.9 UAH/$1. Now there is every reason to strengthen the dollar in the international market, where positive sentiment reigns because of the understandable easing policy from the Fed. But for Ukraine the main role will be played by such factors as the situation in the energy sector, further possible advances of the RF Armed Forces troops on the territory of the country and stability of financial aid receipts from partners”, – KYT Group believes.
Long-term (6+ months), the company maintains the forecast scenario of hryvnia devaluation. Subject to timely and rhythmic receipt of international aid, they cite as a benchmark range of 43.40-44.60 UAH/$1 until mid-2026, taking into account the current context of the military and political situation in Ukraine.
Source: https://bank.gov.ua/ua/markets
https://interfax.com.ua/news/projects/1120665.html
