Business news from Ukraine

Business news from Ukraine

CITY CAPITAL GROUP INTENDS TO INVEST $50 MLN IN BUSINESS CENTERS IN KYIV

City Capital Group (CCG, Kyiv) of Israeli businessman Ofer Kerzner, managing the Platforma art factory in Kyiv, plans to invest more than $50 million in opening new offices in the capital in four years. “The office real estate market is coming to life. All experts predict an increase in the demand in this segment. IT companies are declaring a shortage of quality space. We respond quickly to the increasing interest and are working to become the largest ecosystem of innovative office spaces in Ukraine … During the next four years, the company will use at least $50 million for investment,” Maria Kazantseva, a member of the board of directors of City Capital Group, said in an interview with Interfax-Ukraine.
According to her, all new CCG projects will be a revitalization of old industrial facilities. All the new office formats of the company (the Voronin factory, the Innovation Park platform and the project in Skovorody Street in Podil) will be included in the umbrella brand Platforma.
City Capital Group was created by Israeli businessman Ofer Kerzner in 2007 to implement projects in the field of development, construction and property management in Ukraine.

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ALSTOM (FRANCE) INTERESTED IN SUBWAY MODERNIZATION PROJECTS IN UKRAINE

Alstom (France), a manufacturer of rolling stock and infrastructure, is interested in subway modernization projects in Ukraine, Alstom CEO Henri Poupart-Lafarge has told reporters in Kyiv.
“We know that the subway in Ukraine should be modernized. So far we have not conducted any negotiations on this, but in principle this could be a project for cooperation,” he noted.
According to the Alstom CEO, first of all, the company is interested in cooperation with large cities.
“First of all, we are interested in Kyiv, because the larger the metro network in the city, the more interesting cooperation with it is. But so far we have not met with the local authorities, only at the government level,” the expert said.
Alstom is one of the world’s leaders (along with Siemens and Bombardier) in the production of power equipment and railway transport. The company’s revenue in the 2017-2018 fiscal year grew by 8.8%, to EUR7.95 billion.

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