KYIV. July 6 (Interfax-Ukraine) – The International Exhibition Center LLC (IEC, Kyiv), the owner of the eponymous exhibition complex in Kyiv, intends to invest about UAH 160 million in the construction of a new pavilion with a two-storey exhibition hall of 12,500 square meters.
“According to our calculations, UAH 160 million is needed for the construction of the first stage. This amount will be partially made up from the funds of our enterprise and, of course, from credit money,” Anatoliy Tkachenko, the director general of the International Exhibition Center, told Interfax-Ukraine.
According to him, the whole project is divided into 8 start-up complexes (queues), the implementation of which is planned for 3.5 years.
The second stage includes the construction of a multi-purpose hall for 2,500 spectators, the following stages include building a 13-storey office and hotel complex, another exhibition pavilion, underground multi-level parking lots for 736 cars, auxiliary technical and other service facilities.
“However, taking into account our experience, perhaps we will have to change the project – either to increase exhibition space or to strengthen the service part given certain changes in the situation in the market and in the economy as a whole. Therefore we cannot now talk about specific deadlines for the completion of the entire construction project, while a clear benchmark is only one – the introduction of first stage facilities is scheduled for autumn 2018,” Tkachenko said.
As reported, the International Exhibition Center starts the construction of new exhibition pavilions and facilities with a total area of 80,000 square meters.
KYIV. July 6 (Interfax-Ukraine) – Independent auditor Ernst & Young (EY, the Polish division) has won a tender for the selection of an adviser on the privatization of PJSC Centrenergo , the press service of the State Property Fund of Ukraine has told Interfax-Ukraine.
According to the press service, Rothschild ranked second (also the Polish division).
In addition to these two companies, PwC Ukraine and KPMG Ukraine took part in the competition.
As reported, Centrenergo operates the Vuhlehirsk, Zmiyivska and Trypillia thermal power plants, which have a total installed capacity of 7,660 megawatts. The state owns 78.3% of the shares in the company.
KYIV. July 6 (Interfax-Ukraine) – The Ukrainian-Belarusian economic forum will take place in Kyiv on July 21 with the participation of Ukraine’s President Petro Poroshenko and Belarusian President Alexander Lukashenko.
The event will include a plenary session, which will address the state, prospects and priorities of the Ukraine-Belarus economic and investment cooperation, conditions and advantages of doing business in Ukraine and Belarus, the Ukrainian Chamber of Commerce and Industry reported on Facebook.
“During the forum, a regular meeting of the Ukrainian-Belarusian advisory council and B2B-talks between representatives of the business circles of Ukraine and Belarus will also take place,” the report said.
The administration of the president of Ukraine has not yet officially confirmed the participation of the two presidents in this event.
KYIV. July 6 (Interfax-Ukraine) – State-owned enterprise Boryspil International Airport (Kyiv), the largest airport of the country, on July 5, 2017 signed a contract with the largest European low cost airline Ryanair and sent it to the head office of the airline, Airport CEO Pavlo Riabikin has said.
“It took less than two weeks from the moment of cutting the basic fee for passenger servicing [amendments to the resolution of the Infrastructure Ministry], which was the man hindering financial factor. The contract has been approved by all airport’s services and external auditors who validate all outbound documents and contracts,” he wrote on his Facebook page.
Riabikin said that the negotiations between the airline and the airport are process of achieving a compromise on the basis of mutual economic interest. The less politics we see the easier to find this compromise, he said.
KYIV. July 6 (Interfax-Ukraine) – Ukraine’s Economic Development and Trade Ministry has placed the Lymansky (Lyman, Donetsk region) and Novovolynsk (Volyn region) industrial parks to the register of industrial parks. They are 24th and 25th on the register.
The Lymansky park is located on 27.5 ha. The park is being organized to build industrial, processing and other industrial facilities.
The Novovolynsk park is located on 20 ha. The park will be involved in machine building, tool building, logistics, light industry, agricultural industry and IT.
KYIV. July 4 (Interfax-Ukraine) – International Exhibition Center LLC (IEC, Kyiv), the owner of the eponymous exhibition complex in Kyiv, starts building new exhibition pavilions and facilities with a gross area of 80,000 square meters.
The press service of IEC reported on Tuesday that the project envisages several construction stages.
The first stage of 12,000 square meters would be finished in autumn 2018. It would have a new two-story exhibition pavilion, several conference halls and the administrative premises.
Other exhibition halls, a universal hall for 2,500 seats that could be used as a congress hall and concert hall, a 13-story office and hotel section, underground parking areas for 736 cars, auxiliary technical and other premises will be also built.
The press service said that energy saving solutions will be used in the new buildings.
IEC said that construction of new facilities will create around 700 jobs.
