Leroy Merlin Ukraine LLC (Kyiv), developing the DIY hypermarket chain of the French brand Leroy Merlin, plans to open a new store in Kyiv in 2010 and is seeking to open two stores of the chain every year in the future, including in large cities of the Ukrainian regions.
“This year we will open a new store in Kyiv. We know that we can open at least two stores a year, and not only in Kyiv, but also in the regions. Cities such as Odesa, Lviv, Kharkiv, Dnipro are large cities with about one million of population. We are sure that we have the opportunity to open stores there,” Director General of Leroy Merlin Ukraine Cedric Brosset said during an online broadcast on Tuesday.
According to him, the company is considering reducing the size of stores, in particular, the area of the new store in the Kyiv’s Retroville shopping center is 5,000 square meters. Brosset said that the reduction in format did not affect the assortment volume and was made possible thanks to efficient logistics and an increase in the share of online sales.
In addition, in hypermarkets during lockdown, the number of click & collect points for picking up online orders was increased.
Leroy Merlin Ukraine LLC was registered in 2008. As of May, 2020, the company had five Leroy Merlin stores in Kyiv and one in Odesa.
The European Investment Bank (EIB) will provide a loan for the UNIT.City innovation campus development. The bank said on its website that its Board made the decision at the end of April 2020.
The details about the amount of the loan and the borrower are not disclosed.
Earlier the Ukrainian government said that this concerns a EUR 50 million loan to Unit Holdings LLC.
The EIB said that the project is part of an urban development and comprises the design, renovation and construction of carefully selected sub-projects that are part of the innovation campus. The project includes the extension of a private non-profit IT training facility, multifunctional flexible floor space offering a variety of office accommodation, fablabs, communal and interaction spaces as well as seminar and meeting room spaces for events plus other supporting facilities and infrastructures.
In November 2019, EIB Vice President Vazil Hudak said that a loan for development of UNIT.City could be provided.
UNIT.City Innovation Park officially opened in April 2017 on the territory of the former Kyiv Motorcycle Plant.
Unit Holdings LLC was established in November 2017. The main activity is the development of construction projects. According to the unified public register, participant in LLC is CJSC Dinpero Investments Limited (Cyprus). The ultimate beneficiary is the founder of UFuture holding Vasyl Khmelnytsky.
Kyiv-based company MaxEvents, which specializes in public event and communications management, presents a new format of learning business English during the quarantine.
The course titled “Nothing Personal, Just Business English” will be held in the format of a speaking club according to the 90/10 principle, which means that students will get 90% of speaking opportunities during the course and 10% will be given to the teacher.
Marketing and public relations, recruiting and HR management, retail and real estate market trends, online sales, pitch decks for investors and many other important issues will be discussed during the classes.
The course will become a platform for intensive training of speaking skills in business English, vocabulary development and learning how to keep up any business conversation with foreign colleagues.
The speaking club is open for new active students. The groups will consist of a maximum of ten people so that each student can have a speaking opportunity during a live business discussion.
If you are not ready for speaking yet, you can join the classes as a listener with access to all materials of the course and an opportunity to upgrade to the status of speaker.
The course includes 20 online classes on the Zoom platform.
The course will be held by Maryana Kushnir, a business English teacher and communications specialist with 20 years of work experience in international companies and organizations.
The course fee is UAH 3,900.
Payments are accepted from both legal entities and individuals.
www.maxevents.info
+38(67)9705259
prmaxevents@gmail.com
JSC Ukrzaliznytsia is technically ready for the resumption of passenger traffic until a predetermined date (from June 1, 2020), however, the launch date for passenger traffic on railway transport has not yet been changed.
Ukrzaliznytsia is technically ready to start passenger transporting, however, the government resolution regulates the date of June 1. The final decision will be made in the near future, based on the epidemic indicators of the regions and the decisions of the commissions on anthropogenic and environmental safety and emergency situations,” the press service of the Ministry of Infrastructure told Interfax-Ukraine.
As the agency was informed by the press service of Ukrzaliznytsia, according to Cabinet of Ministers of Ukraine resolution No. 392 dated May 20, 2020, after the decision of the regional commissions on anthropogenic and environmental safety and emergency situations on easing anti-epidemic measures in regions, the company will appoint trains in these regions, and will start selling tickets.
The Infrastructure Ministry confirmed that the sale of train tickets can be started in the near future in those regions where there will be a positive decision on easing anti-epidemic measures.
The ministry said that they plan to follow the previously developed algorithm for launching railway transportation in several stages, namely, from June 1, running up to 50% of suburban electric trains during rush hours, launching 42 pairs of trains of Intercity and Night Express categories. At the second stage, it is planned to launch all suburban electric trains during daylight hours and all passenger trains except seasonal ones. At the third stage, it is proposed to open an international railway service, as well as seasonal trains.
Free Online Session dedicated to the Ukrainian renewable energy crisis will be held on 28th May within the framework of Energy Week Black Sea 2020.
Due to the lucrative feed-in tariffs introduced in 2009, Ukraine has achieved remarkable progress in mobilising sizable private sector investments in the energy sector and becoming one of the fastest–growing renewables markets in Europe. In 2019, renewable energy deployment saw a record growth to 4 250 MW compared to the installed capacity of only 743 MW in 2018.
However, the recent developments, and, in particular, the initiative of the government to cut the feed-in tariff for wind and solar energy producers can change the outlook and turn the Ukrainian renewables success story into an illustration of why the state is not ready for foreign investment.
In December 2019, bill No. 2543 on improving the investment climate in the renewable energy sector was registered in Ukraine’s parliament. The bill proposes a voluntary restructuring of FIT with a simultaneous extension of the terms for their payment and a reduction in the terms of preliminary power purchase agreements (pre-PPA).
The following negotiations which have now lasted for six months failed to produce a compromise solution acceptable to both Ukrainian authorities and domestic and foreign investors. The key issues are still open, namely restructuring of power purchase agreements and feed-in tariffs, the release of capacity for wind energy investors for the benefit of future auctions, balancing responsibility and compensation for curtailments of wind and solar producers.
Online Session “Ukrainian Renewable Energy Crisis: Where Are We Now; Where Do We Need To Be?” is organised to address the situation and discuss the following questions:
What should be the state’s immediate steps in resolving the renewable energy crisis?
What are the most practical solutions and stabilisation measures acceptable for foreign investors?
How will Ukraine continue attracting investors in global competition? Are “green” auctions attractive enough?
What will be the pace of renewable energy project commissioning post-FIT?
What are the possibilities for addressing intermittency and energy security? How does the transition meet the need for continuous supply in the absence of storage? How should energy storage be supported?
Free Registration: https://www.bsenergyweek.com/online-session/
Open4business – media partner of Online Session «Ukrainian renewable energy crisis: Where are we now; where do we need to be?»
National bank of Ukraine’s official rates as of 26/05/20
Source: National Bank of Ukraine
