KYIV. Dec 29 (Interfax-Ukraine) – Intergal-Bud construction company (Kyiv) plans in 2017 to increase the volume of construction by 33% and thus reach the figure of 400,000 square meters per year.
“At present the company is building more than 300,000 square meters of real estate, as well as plans to further increase the volume of construction and in 2017 reach the figure of about 400,000 square meters a year,” a press release reads.
According to Intergal-Bud, since 2013 the annual volume of real estate the company puts into operation is at least 10% of the total volume in the Kyiv market.
Thus, according to the company’s website, in the third quarter of 2016 it started the construction of the 16-storey Otradny apartment complex at 23 Kablukova Street in Solomiansky district of Kyiv, and in the fourth quarter the 25-storey Teremky residential complex with 1,900 apartments at 15 Zabolotnoho Street.
In addition, the company intends in 2017 to continue building the following residential complexes: Nyvky Park, Parkovi Ozera, Yaskravy, Demiyivka, Tradytsiya, Malakhit, and Ozerny Hai Hatne.
Intergal-Bud was established in 2006.
The Ukrainian business community has obtained a permanent platform for communication with Spanish partners, as the Spain-Ukraine Business Council has been established with its first meeting held in Kyiv. This initiative was put forth by the Ukrainian League of Industrialists and Entrepreneurs and the Embassy of Spain in Ukraine, the Office for Economic and Commercial Affairs.
The Council will include enterprises from both countries that are interested in developing business relationships and promoting their commercial interests within the joint networking. Among them are sunflower oil producer Ukroliya, ketchup and mayonnaise producer Chumak, Ukraine International Airlines, the Ukrmashbud Association of Machine Engineers of Ukraine, and others. The Spanish side will be represented by Fino Verde (vegetable production), Corte fiel (clothing), Credoline, and others. The initiators are convinced that their initiative will expand the possibilities of cooperation between Spain and Ukraine, will boost bilateral investment and trade whose level at the moment is far from the two economies’ potential.
Work in this direction started some time ago. In particular, the Ukrainian League of Industrialists and Entrepreneurs has held a series of business meetings, including visits to Spain where it has a representative office.
The First Consul of the Spanish Embassy to Ukraine, Jorge Soler, said that the establishment of the Business Council was on time, as it will give real impetus to the development of economic and trade relations. He also assured that the diplomatic mission would fully support the Council.
The Business Council aims to maintain a constant dialogue with the economic, social and political agents of both countries that could contribute to completing the tasks the economies of Spain and Ukraine are facing. It will represent and safeguard general interests of both countries. Its main tool will be, among other things, the establishment of direct contacts between the members of the Council and representatives of the companies to eliminate barriers to trade or investment. To achieve this, the Council will closely work with government agencies, other associations, public and private organizations that are interested in the development of economic relations.
The Ukrainian side has already presented a number of own initiatives to Spanish colleagues that might be interesting to them. In particular, First Vice President of the ULIE Vasyl Khmelnytsky briefed them on the Bila Tserkva Industrial Park, the adoption of regulations on IT development in Ukraine and on their prospects for foreign firms and corporations.
The partners agreed to put cooperation on the maximum practical track. This suggests conducting business meetings, forums, as well as exchanging contacts and ideas.
“We are going to create an atmosphere for sharing experience, case studies in doing business, and exchanging expert opinions,” participants in the meeting summed up.
Industrialists, entrepreneurs and employers of Ukraine have summed up their performance in 2016 and outlined plans of the business community for next year. In particular, they noted the first positive results of joint efforts made by the business circles: the National Committee for Industrial Development has been established; the “Ukraine is a Country of Entrepreneurs” program is being implemented. Further, work with parliamentarians has been organized. Ideas from the public to develop the country is presented by the “Transformation of Ukraine” parliamentary group, the Office of the Business Representative in parliament.
The document provides for coordination of partners’ efforts to fight corruption, lobby and adopt relevant legislation, remove similar obstacles to doing business, start up own business, raise investment funds, and others.
“Today, the joint efforts with our friends and partners bring positive results. The authorities have finally realized that deindustrialization is an unacceptable process in such an industry-oriented state. There are positive changes in the field of aerospace and wagon building,” ULIE President Anatoliy Kinakh said. In his words, there is much work ahead to switch from words to deeds. After all, GDP does not demonstrate noticeable growth so far; the level of the population’s financial solvency is low while necessary tax, customs, monetary reforms to stimulate business activity have not been enacted yet.
The business community focused its attention on the most practical initiatives whose implementation began in 2016 and will continue in future. The “Ukraine is a Country of Entrepreneurs” project will further be developed, according to the ULIE president. A number of forums held in Kyiv and regional centers gathered over 7,000 young businesspeople, experts, representatives of local administrations. The local authorities expressed readiness to partly offset rates of loans issued for the development of business and startups, using mechanisms of public-private partnership. In particular, Kyiv Mayor Vitaliy Klitschko announced the allocation of UAH 10 million for these purposes. After the forum, revised regional programs for the support of entrepreneurship and businesses were presented in the cities of Lutsk, Uzhgorod, Rivne, and other municipalities. These are first positive steps towards the ambitious goal of the project to create one million jobs in Ukraine.
The ULIE Board approved proposals regarding international business relations in the wake of a recent Ukrainian-Lithuanian forum with the participation of the Presidents of the two countries along with recommendations of the newly created Spain-Ukraine Business Council, and a number of forums and meetings with partners from Austria, Canada, Israel, Iran, the United States, and others.
The ULIE also awarded diplomas and gifts to partners from media organizations and experts.
“The year 2017 promises to be very active. And we’ll proceed not only with the implementation of the initiatives we’ve already started, but will press for the achievement of visible and tangible results for the Ukrainian economy and our citizens,” the head of the Ukrainian business community said.
KYIV. Dec 28 (Interfax-Ukraine) – State-run enterprise Zorya-Mashproekt (Mykolaiv) is finishing 2016 with profit.
The press service reported on Tuesday that sales revenue in 2016 grew by 13%. The company will see profit this year. The financial target is met by 102%.
In 2016 Zorya-Mashproekt mainly produced marine equipment: the share of ship units of total supplies reached 87%. The enterprise also shipped products for the energy sector and gas pipelines.
The press service said that this year the enterprise met all its contract liabilities.
“The customers of the products are mainly foreign companies. The exports share totaled 96.4%. The products were delivered to South Asia, Southeast Asia, Eastern Europe and the Middle East,” the press service said.
The enterprise continued implementing production facilities modernization programs in 2016: investment amounted to UAH 155.8 million (the same as in 2015).
Zorya-Mashproekt is a member of the Ukroboronprom State Concern.
KYIV. Dec 28 (Interfax-Ukraine) – Ukrposhta postal service enterprise seeks to increase net revenue by 20% in 2017 and this is UAH 1 billion more than the target for 2016.
Ukrposhta Director General Ihor Smeliansky told Interfax-Ukraine that according to the financial plan for 2017 approved by the Infrastructure Ministry net profit of Ukrposhta would be UAH 300,000, while in 2016 the company will be almost breakeven.
“It was planned to see UAH 16 million of net profit in 2016, but due to the increase in capital investment we plan to be breakeven,” he said.
Ukrposhta is managed by Infrastructure Ministry. It provides over 50 types of services in almost 12,000 departments all over Ukraine.
KYIV. Dec 28 (Interfax-Ukraine) – Nova Poshta has launched the express delivery service from China to Ukraine designed in cooperation with China’s SF Express logistic operator.
The press service of the Ukrainian company reported that now buyers can order delivery from largest Chinese online shops (Gearbest, Sammydress, Everbuying, 139shopping.com, Banggood, JD.com, LightintheBox, DHGate), including Ali Express, to anywhere in Ukraine.
The test period preceded the official start of the service. Nova Poshta reregistered feedback and polished the service mechanism. The company in November 2016 delivered over 500,000 of parcels from China to Ukrainians.
The sellers pay for delivery. Clients that select free-of-charge SF Express and SF eParcel can use the delivery service. The clients are able to track all categories of parcels at all delivery stages. The quick delivery term, the absence of hidden payments and the client service are available for the clients.
According to Ukrainian legislation, after arrival to Ukraine all cargo is inspected by the Customs Service. Nova Poshta fully controls the cargo and the company is responsible for its safety from the arrival to the Boryspil airport to the door delivery.
“The company seeks to have leading positions in Ukraine in the volumes of e-commerce parcel imports from China and to deliver over 2 million parcels from China in 2017,” the company said.
