The loan portfolio of the State Fund for Support of Youth Housing Construction has doubled in five years, reaching UAH 2.1 billion as of December 1, 2021, the fund’s press service has reported.
“The quality of the loan portfolio of the Fund is one of the best among financial institutions in Ukraine. The share of bad loans in the Fund’s portfolio as of September 30, 2021 was 3.1%, which is significantly lower than the average level of bad loans in banks (according to open sources, up to 40%),” the fund said.
According to the fund, today, it services 9,087 loan agreements: 4,608 loans issued from the state budget for UAH 494.4 million, 3,355 loans from local budgets for UAH 1 billion, 206 loans from grant funds from the German government through the KfW bank worth UAH 236.2 million, 918 loans from the charter capital of the Fund in the amount of UAH 363.6 million.
During the activity of the State Fund for Support of Youth Housing Construction, 41,385 contracts for the purchase of housing were concluded. More than UAH 11.4 billion has been invested in the construction and related industries.
As reported, the Cabinet of Ministers of Ukraine extended the State Program for Provision of Youth with Housing until 2023
Prices for construction and assembly work in Ukraine in October 2021 increased by 19.6% compared to October 2020, the State Statistics Service has reported.According to the statistics department, prices increased in all construction segments: in residential construction – by 16.1%, in non-residential – by 19.7%, in engineering – by 21.6%.Compared to the previous month, the cost of construction of residential, non-residential buildings and engineering structures increased by 1.8%, 1.5% and 1.7%, respectively.Since the beginning of the year, the rise in prices for construction work amounted to 17.7%, the service added.As reported, in 2020 prices for construction work in Ukraine increased by 3.7% compared to the previous year, while in 2019 – by 6%.The figures are given without taking into account the annexed territory of Crimea and Sevastopol, as well as part of the occupied territories of Donetsk and Luhansk regions, the service notes.
In 2022, the construction of the Ice Arena, a sports complex within the framework of the Big Construction program and the restoration of three castles under the Big Restoration program will start in Cherkasy region, President of Ukraine Volodymyr Zelensky said.
“There is our program – these are large sports unique multi-complexes. One of them will be built in Cherkasy region, several more swimming pools. The Ice Arena will be built separately. These are all programs that will begin next year. There are three castles within the Big Restoration, which are included in the program,” Zelensky told media representatives while on a working visit to Kaniv, Cherkasy region.
He also said that within the framework of the Big Restoration program, documents are also being prepared for the restoration of Kaniv center.
In addition, according to him, in 2022, a school with a playground for children and a swimming pool will appear in the city.
Speaking about roads, the President said that about 250 km of roads are planned to be repaired within the current year.
“I think that in a couple of years we will finish all the main roads in Cherkasy region,” he said.
“I believe that they have everything in Cherkasy region. There are people, there are hands, there are unique places and history. We need to bring all this into a normal high-quality form,” Zelensky said.
FM Logistic Ukraine will invest $ 25-30 million in the construction of the fifth phase of a logistics complex with an area of 20,000 square meters, CEO of FM Logistic Ukraine Sebastien Lardellier said in an interview with Interfax-Ukraine.
“The land site in Dudarkiv is ours, it allows us to build another 32,000 square meters of modern logistics real estate, of which we plan to build 20,000 square meters in the coming years. We hope that we will receive construction permits quickly enough. The construction of these buildings, plus their equipment, requires $ 25-30 million in investment,” he said.
The FM Logistic Ukraine complex (Dudarkiv village, Kyiv region) includes 60,000 square meters of A class warehouse space. About $ 50 million was invested in it.
According to the expert, out of 60,000 square meters, some 54,000 square meters have been commissioned.
“There is a preliminary agreement for another 2,000 square meters. Thus, 4,000 square meters are still free,” he said.
He said that the rate of expansion of the offer depends on the activity of the market.
“The question of expansion is in two cases: when our current client develops his business, it becomes cramped for him, and we continue to build according to his requests. The second option is to attract new clients. According to the estimated growth rates, we will complete and fill this site within four years,” he added.
FM Logistic Ukraine, operating since 1996, is included in the top five largest operators of the logistics market in Ukraine. It is part of the international group of companies FM Logistic.
FM Logistic is a family business that was founded in 1967 in the French region of Lorraine. The company owns 180 warehouses with a total area of 4 million square meters in 14 countries of the world.
FM Logistic Ukraine provides logistics operator services, including warehousing, e-commerce logistics, co-packing, customs clearance, domestic and international transportation, city transportation, and management of the entire supply chain.
Today the staff of FM Logistic Ukraine has 900 employees.
Lviv IT-company SoftServe plans to invest over $100 million in the construction of a creative office campus on the site of Lviv penal colony No. 48 acquired for UAH 377.5 million at a privatization auction.
According to a SoftServe press release on the Business Wire portal, construction will begin in 2022 and it will take about five years. An international architectural bureau will be involved in the work on the project.
“The new campus will not only breathe new life into the whole district of Lviv, but will also continue the development of the city as a major educational and technological hub in Ukraine and in the world,” the co-founder and member of the Board of Directors of SoftServe, Oleh Denys, said.
According to the project, the campus will house SoftServe offices, as well as the company’s corporate university, conference rooms and exhibition grounds, a school and a kindergarten, and apartments.
As reported, SoftServe acquired Lviv penal colony No. 48 on a 10.7 hectare plot for UAH 377.5 million at a privatization auction held on June 3.
SoftServe specializes in software production, development services, quality control and support of information systems and business solutions. To date, about 10,000 employees of the company work in 38 offices. The main offices of the company are located in Lviv and Austin (Texas, the United States). The company’s development centers are located in Lviv, Kyiv, Dnipro, Kharkiv, Rivne, Ivano-Frankivsk, Chernyvtsi, Sofia (Bulgaria) and Wroclaw, Bialystok, Gliwice and Warsaw (Poland).
Turkish Aksa Enerji Uretim A.Ş. plans to invest in the construction of a combined cycle power plant in Izmail (Odesa region) with a capacity of 260 MW.
A memorandum of understanding between the Odesa Regional State Administration, the Izmail City Council, Aksa Enerji and Marzhinal LLC (Mykolaiv, the ultimate beneficiaries are a number of Turkish individuals) was signed on August 9, according to the Regional State Administration’s Facebook page.
According to the report, Aksa Enerji is ready to invest in the construction of the plant and accompany its operation on the basis of a 25-year agreement on the purchase of electricity, with subsequent transfer to the state ownership.
“The power plant will consist of a gas turbine and/or engines and a steam turbine with a total installed capacity of 260 MW, and all power plant equipment, including all related substation equipment such as step-up transformers and switchgear, will be provided, installed and commissioned by Aksa,” Vice-Chairman of Aksa Enerji Serdar Nişli said.
