Business news from Ukraine

Business news from Ukraine

Cabinet of Ministers of Ukraine makes number of appointments and dismissals

The Cabinet of Ministers of Ukraine has temporarily appointed Oleg Tsilvik as Chairman of the State Export Control Service of Ukraine.
At the same time, Ihor Klymenko was dismissed from the position of Deputy Chairman of the State Agency of Ukraine for Development of Land Reclamation, Fishery and Food Programs, and Serhiy Dekhtyarenko was dismissed from the position of Deputy Chairman of the State Service of Geology and Subsoil of Ukraine for Digital Development, Digital Transformation and Digitalization.

 

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New head of State Statistics Service of Ukraine has been appointed

The Cabinet of Ministers has appointed Arsen Makarchuk as head of the State Statistics Service of Ukraine.
The Cabinet’s representative in the Verkhovna Rada, Taras Melnychuk, said in his Telegram channel that the relevant decision was made at a government meeting on Friday.
Also, the former head of the State Statistics Service of Ukraine was appointed Deputy Chairman of the State Service of Ukraine for Children on issues of digital development, digital transformation and digitalization.

 

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Zelensky will visit Saudi Arabia on Monday

Ukrainian President Volodymyr Zelensky said he will visit Saudi Arabia on Monday, but Andriy Yermak, Andriy Sibiga, Rustem Umerov and Pavlo Palisa will meet with U.S. negotiators.
“I will start next week with a visit to Saudi Arabia, and after my meeting on Monday with the Crown Prince, Ukrainian diplomatic and military representatives will stay for a meeting on Tuesday with the American team. The Ukrainian team will consist of Andriy Yermak, Andriy Sibiga, Rustem Umerov and Pavel Palisa,” the president wrote on the X network on Saturday.
Zelensky also said that the diplomatic teams of Ukraine and Britain met in Kiev on Saturday.
“Very productive. Discussed our joint steps that can bring peace closer and accelerate diplomatic work. Grateful for the support. Ukraine is determined to do everything as soon as possible so that it is possible to end this war with a decent and lasting peace,” the president said.
Regarding the negotiations between the Ukrainian and American teams, Zelensky emphasized: “From our side there will be a clear mood for constructive, and we hope that it will be possible to discuss and agree on the necessary solutions and steps. Ukraine has been striving for peace since the first second of this war. There are absolutely realistic proposals on the table. The main thing is to move quickly and efficiently.”
Earlier, US President Donald Trump’s Middle East envoy Steve Whitkoff said that talks between Ukraine and the US would be held in Riyadh or Jeddah in Saudi Arabia on March 11. The kingdom’s Foreign Ministry clarified later that a meeting between representatives of the US and Ukraine on the possibility of ending the war between Ukraine and Russian Federation in will be held next week in Jeddah

 

 

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Volume of new supply planned for commissioning in warehouse market of Kyiv in 2025 will amount to 250 thousand sq. m

The volume of new supply planned for commissioning in the warehouse real estate market of the capital in 2025 is 250 thousand sq. m., the current volume of preliminary transactions in future facilities – about 55%, follows from the research of CBRE Ukraine.

According to the report, of the total volume of future logistics space, 87% falls on the speculative market, 13% – for the needs of owners.

“The use of warehouses for their own needs will further contribute to the market recovery, as tenants looking for large areas are increasingly favoring build-to-suit solutions or buying damaged/destroyed warehouses for further reconstruction. Thus, some of these facilities will present profitable opportunities for sale and leaseback during the active phase of post-war reconstruction”, – says Natalia Sokirko, Head of Warehouse and Logistics Real Estate Department of CBRE Ukraine.

It is noted that the current rate of previous lease transactions significantly exceeds the historical market indicators – 55% against the traditional 10-20%. The vacancy rate in the market is 3.1%, but stable demand from tenants and a significant volume of previous

lease transactions continue to put pressure on the vacancy rate.
“Although some tenants have realized previously postponed expansion or relocation plans by leasing new facilities, the release of space has not led to an increase in vacancy, as high re-take activity keeps it low,” the company informs.

At the same time, the warehouse market will continue to be affected by high energy costs, currency fluctuations and labor shortages, Sokirko stressed.
As reported, in 2024, the volume of new supply in the warehouse market of Kiev increased by 79 thousand square meters. m.

CBRE, headquartered in Dallas (USA), is the world’s largest consulting and investment company in the field of commercial real estate, whose revenue in 2024 amounted to $35.8 billion. Shares of CBRE Group Inc. are traded on the New York Stock Exchange.
CBRE’s Ukrainian office was opened in January 2008 and is part of the company’s affiliate network. In 2023, the Ukrainian office expanded its presence in Moldova under the CBRE Moldova brand.

Poland plans to dramatically increase defense spending

Poland plans to spend 5% of the country’s GDP on defense next year, and possibly this year, Radio Liberty reported on Friday, citing Poland’s Deputy Defense Minister Cezary Tomczyk.

“This is a huge amount of money that is spent not by the government, but by Polish citizens,” he said.

The deputy minister added that the government wants to create conditions “for every Pole and every Polish woman to be able to undergo military training.”

“It is in the country’s interest that everyone can undergo such training, and it doesn’t matter if it lasts one day, two days or a week, or if it is basic voluntary military service, but the country must create such conditions,” Tomczyk added.

In Kyiv, daytime temperature to reach 18°C in coming days

On Sunday, March 9, there will be no precipitation in Ukraine, with fog in the eastern regions at night and in the morning, the Ukrainian Weather Center reports.

Southeast wind, 5-10 m/s. Temperature at night from 3° C to 2° C, during the day 13-18° C, on the coast 7-12°.

In Kyiv, the temperature will be 1-3° Celsius at night and 16-18° Celsius during the day.

According to the Borys Sreznevsky Central Geophysical Observatory. Over the entire period of meteorological observations in Kyiv, the highest temperature on March 9 was +17.3° in 1920, and the lowest was -20.0° in 1915.

On Monday, March 10, there was no precipitation in Ukraine. In the southern part of the country there will be fog at night and in the morning. Southeast wind, 5-10 m / s, in the Carpathians during the day gusts of 15-20 m / s in some places. The temperature will be 0-5° C at night, 13-18° C during the day, 7-12° C on the coast.

In Kyiv, the temperature will be 3-5°C at night and 16-18°C during the day.

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