Ziletone Limited (Nicosia, Cyprus) is going to acquire shares of UDP Industrial Projects Limited (Limassol, Cyprus) owned by businessman Vasyl Khmelnytsky and this will provide the buyer with over 50% of the voting shares on the company’s board.
The respective issue was put onto commission’s agenda.
According to the United State Register, in December 2018, Khmelnytsky via UDP Industrial Projects Limited acquired control over Lviv StandartBud LLC, with whom they accomplish a building project of LvivTech.City innovative park on the territory of industrial site of the former plant in Lviv.
As of August 8, 2019 UDP Industrial Projects own 90% stake of charter capital of Lviv StandartBud. Its charter capital is UAH 500,000.
As reported, completion of the first stage of construction of LvivTech.City was scheduled for the second half of 2018. Later on Khmelnytsky told Interfax-Ukraine the plans shifted by the end of 2019.
The occupancy of hotels in Kyiv in January-June 2019 decreased by one percentage point (p.p.) compared to the same period a year earlier and amounted to 48%, the press service of Jones Lang LaSalle consulting company in Ukraine (JLL) has reported. “The first half of this year was marked for the hotel market of the Ukrainian capital by a fall in average operating indicators both in U.S. dollars and hryvnias. Against the backdrop of the very successful first half of 2018, when the Champions League final was held in Kyiv and both occupancy and average tariffs rose, the results this year leave much to be desired. In particular, for the first time since 2014, there was a drop in occupancy between January and June,” Tetiana Veller, the head of the hotel business department at JLL, said.
According to JLL, the average rate for staying in hotels of the upper segment in January-June 2019 decreased by 15% compared to the first half of last year, to $153, the figure in the middle segment decreased by 11%, to $69 per room. At the same time, the occupancy of expensive hotels fell to 43%, while mid-range hotels raised occupancy by 1.5 percentage points, to 53%.
JLL experts explain the decline in the figures with the martial law introduced at the end of 2018, the holding of presidential elections in the country, as well as a significant increase in last year’s performance in connection with the Champions League final in Kyiv.
“Compared to a more “standard” year 2017, market indicators still rose,” the report said.
According to JLL forecasts, in the second half of the year it’s worth expecting an equalization of indicators in connection with completion of the transfer of power, as well as determining the course of the new government.
National bank of ukraine’s official rates as of 09/08/19
Source: National Bank of Ukraine
Official rates of banking metals from national bank as of august 09
One troy ounce=31.10 grams
Kyiv-based Rauta Group LLC, which deals with design and installation of fast-track buildings, has received a license for construction of the building with medium and high consequence class (CC2, CC3).
“Obtaining a license is a logical continuation of the company’s development in the highest quality construction materials supply and services provision,” the company quotes Rauta Director Andriy Ozeichuk as saying.
Now in addition to the supply of European produced sandwich panels, facade cladding and steel structures, the company carries out a full list of construction and installation works, as well as a general contracting.
Rauta Group was founded in 2014. Ozeichuk is a 100% shareholder of the company.
The head of Kherson Regional State Administration, Yuriy Husev, expects that Kherson International Airport will increase passenger traffic in 2019, in addition, work is underway to modernize its terminal.
“Kherson International Airport transported 150,000 passengers last year. We plan to increase passenger flow this year. On July 30 we resumed negotiations with Ryanair, which confirmed its willingness to fly from Kherson airport. Today, the airport operates regular flights to Istanbul, Kyiv. Scheduled flights to Egypt will be launched soon,” he said in an interview with Interfax-Ukraine.
Husev noted that there is a fruitful cooperation with the EBRD and the IFS developer of software for integrated corporate management, which help build a concept for the development of the airport.
“There is an understanding of what we need to do first. Kherson airport, the air gates of the south of Ukraine, should be developed,” he said.
The head of Kherson Regional State Administration also said that work is underway to modernize the airport terminal.
“There are certain ideas. We are working with the representatives of the regional council so that the necessary funds are provided for in the budget. We are also discussing the idea of a possible concession with the EBRD,” he said.
