Business news from Ukraine

Centravis took part in construction of international experimental thermonuclear reactor

Centravis Production Ukraine, a part of Centravis Ltd. holding company, took part in the construction of the International Thermonuclear Experimental Reactor (ITER) by shipping 1,300 meters of seamless stainless steel pipe for the reactor’s retro-reflectors.

According to the company’s press release on Friday, ITER is considered one of the most complex projects mankind is currently working on.

The project itself was started back in the 1980s. It was discussed and prepared for a long time. Finally, the reactor began to be built in 2020 in the south of France. The project involves 35 countries. The facility is planned to be launched in 2025, and it will reach full capacity in 2035.

According to the plan, ITER will produce clean energy through fusion.

Back in the 50s of the last century, scientists suggested that mankind is able to repeat the fusion of hydrogen isotope nuclei, as in the Sun, and get a lot of energy (1 g of thermonuclear fuel can replace 11 tons of coal).

In addition, no debris is left behind after fusion and it has low radioactivity. This type of plant can be four times more efficient than modern nuclear power plants and safer. But to get such energy, special conditions need to be created. In particular, the temperature is 10 times higher than in the core of the Sun.

“Projects like ITER are created for the future of mankind and it is an honor for us to join the cohort of its executors. We are working to ensure that there are more such orders,” said Centravis CEO Yuri Atanasov, who was quoted by the press service.

Earlier “Centravis” took part in the projects on construction of a new nuclear power plant Hinkly Point C in the UK, the largest fresh water storage in the UAE and others.

Centravis was founded in 2000 and is among the top ten largest seamless stainless steel pipe manufacturers in the world. Its main production facilities are located in Nikopol (Dnepropetrovsk region), in 2023 the company opened a branch in Uzhgorod.

The company employs more than 1400 people.

The geography of the company’s supplies exceeds 50 countries of the world. Currently “Centravis” has offices in the USA, Germany, Italy, Switzerland, Poland, United Arab Emirates. “Centravis” cooperates with Benteler Automotive, Buhlmann Group, Webco – with different companies on different continents.

Centravis Ltd. holding was established on the basis of CJSC “Nikopol Stainless Pipe Plant”, service and trading companies of LLC “Production and Commercial Enterprise “YUVIS”. Its shareholders are members of the Atanasov family. Centravis Ltd. owns 100% of shares of Centravis Production Ukraine PJSC.

Source

, ,

Ukrainian Alfa Development Group completes construction of almost 250 thousand square meters of new warehouse real estate projects

Ukraine’s Alfa Development Group is completing the construction of new warehouse real estate projects with a total area of about 244 thousand square meters, with commissioning scheduled for 2023-2024, said Maxim Onufrienko, CEO of the group.

According to him, the construction of the second and third phases of the Oleksandrivskyi logistics center (Chubynske village) with a total area of 115.2 thousand square meters is being completed in Kyiv region. Completion of the second stage (12.6 thousand square meters) is scheduled for October 2023, and the third stage (40.7 thousand square meters) – in March 2024.

“This is a multi-mode warehouse complex, which means that there is both freezing, refrigerators, and dry storage. I must say that we have already leased 50% of the second stage, scheduled for commissioning in October 2023, and signed contracts with customers. This confirms the growing demand for warehouse real estate in Kyiv,” Onufrienko said at RAU Expo 2023 in Kyiv on Tuesday.

Other projects in the Kyiv region, he said, include the Dudarkiv warehouse center with a total area of 45.5 thousand square meters, scheduled for commissioning in January 2024. About half of the first phase’s area (23.1 thousand square meters) has already been leased.

In addition, the construction of a logistics complex with a total area of 159.6 thousand square meters is underway in Chaiky village. The completion date for the first (19.5 thousand sq. m) and third (27.2 thousand sq. m) phases is March 2024, and the second phase (23 thousand sq. m) is May 2024. After that, the project envisages the implementation of two more stages.

In Dnipro region, Alfa Development Group is building two projects: the Shynnyi Industrial Park (Dnipro) and the Peredovyi warehouse center (51.3 thousand square meters, Chumakivska village council).

“Shynnyi is the first industrial park in Dnipro. We started it in early 2022, before the war. We negotiated with Ukrposhta, but this is still a thing of the past. So now we are building an industrial park. The construction plans for January 2024 include 130 thousand square meters, of which 34% have already been signed with a major client,” said Onufrienko.

In addition, a warehouse complex in Kropyvnytskyi with a total area of 14.2 thousand square meters is planned to be commissioned in October 2023.

The group also has a facility in Odesa, Odesa Logistic Park, which was damaged during Russian shelling.

“In Odesa, we have two warehouse complexes, one dry warehouse with a total area of 38 thousand square meters and a cold logistics facility with 27 thousand square meters. We had an arrival in Odesa, after which we have half of the dry warehouse left, which we are reconstructing. In September, we will complete 14 thousand square meters, which is almost half. We restored the refrigerators back in May,” said the CEO.

Next year’s plans also include the construction of a new logistics complex in Lviv with an area of 50 thousand square meters. Onufrienko told Interfax-Ukraine that the warehouse will be put into operation in 2024.

The expert noted that all of the company’s facilities are equipped with generators in case of power outages in the face of Russian aggression. In addition, shelters are being built at the facilities and new fire safety systems are being installed.

Alfa Development Group was founded in 2005. It holds one of the leading positions in the warehouse real estate market of Ukraine. Its portfolio includes 16 completed facilities with a total area of over 326 thousand square meters.

,

Construction of grain drying complex is being completed in Cherkasy region

The Belgian company Granex-Cherkasy LLC (Dengi village, Cherkasy region) is completing the construction of a grain drying complex with a capacity of up to 600 tons per day, according to the project developer ProjectLine.

“The customer set the task to make the most compact layout possible, so ProjectLine specialists placed the complex on a plot measuring only 19×23 m,” the designers noted.

According to the report, the farm plans to build an elevator for 15 thousand tons of simultaneous storage, a grain final cleaning department, and a loading unit for vehicles.

Granex-Cherkasy LLC was established in 2002. The company specializes in growing grains, oilseeds, potatoes and onions under irrigation, with 450 hectares of the total land bank of 3.5 thousand hectares under cultivation. The company has a floor potato storage facility with a capacity of 6 thousand tons and a vegetable storage facility for onions with a capacity of 2 thousand tons. The main beneficiary of the company is a Belgian citizen Tom van Goy, and the manager is a Belgian citizen Wim de Schutter.

, ,

Bayer has started construction of plant in Ukraine

EUR60 mln will be invested in the construction of the Monsanto plant in Pochuiki village (Popelnyansky district, Zhytomyr region) by Bayer to produce corn seeds, said the head of Zhytomyr regional military administration Vitaliy Bunechko.

“Today together with the director of “Monsanto-seeds” LLC Vladimir Onishchenko laid a symbolic “time capsule” at the site of construction of new capacities of this enterprise. More than EUR60 million of additional investments during the war is the best evidence not only of international support for Ukraine, but also of the fact that large investors believe in our victory,” he wrote in Telegram.

Bunechko emphasized that Monsanto Seeds is already one of the largest seed plants in Eastern Europe. It provides corn hybrids not only to Ukrainian farmers, but also to agrarians in Romania, Hungary and France. After the construction of additional capacity, its potential will increase even more.

“Expansion of production is simultaneously the creation of new jobs in Zhytomyr region, increase of tax revenues to the budget, as well as foreign currency earnings, which is very important for the Ukrainian economy in war conditions,” he said.

At the same time, the head of Zhytomyr OVA noted the responsible position of Bayer, which in 2022, two months after the start of the full-scale invasion to support farmers who were sowing in super difficult conditions, gave them free of charge 140 tons of corn seeds of Monsanto selection.

The investment will reportedly be used to build a new seed dryer, purchase modern farming equipment, build storage facilities and two bomb shelters for employees. The plant employs about 100 full-time employees and 250 to 300 seasonal workers. The plant is one of the largest in the region.

Bayer is a multinational company that operates in the fields of medicine and agriculture. The company is headquartered in Leverkusen, Germany. In 2022, Bayer Group employed about 101 thousand people and its sales amounted to EUR50.7 bln.

The company has been operating in Ukraine since 1992 and is represented by the pharmaceutical division, OTC department, as well as the agricultural division. The total number of employees is 700.

, ,

Construction of Volia Agri-Food Park has started in Vinnytsia

The construction of the Vinnytsia Industrial Park (Volia Agri-Food Park Vinnytsia) has started, said Andriy Ocheretyanyi, deputy mayor of Vinnytsia.

“Preparatory work is already underway. Over time, the agri-food park will have a modern business center for residents, a logistics center and a Light Industry Box to accommodate the production of small food enterprises,” he wrote on Facebook.

A total area of 35.7 hectares has been allocated for the construction of Volia Agri-Food Park Vinnytsia. The expected amount of investment is about UAH 3 billion. The project organizers plan to employ about 2000 people.

According to the press service of the Vinnytsia Regional State Administration, the first stage of construction of the agri-food park involves the development of utilities, roads, and landscaping in the park, the construction of a business center for residents, a Light Industry Box to accommodate the production of small food companies, and a logistics center.

According to the project administration, the infrastructure and service capabilities of Volia Agri-Food Park Vinnytsia can attract residents from the entire product creation chain – from research and innovation, recipe development and new product creation to mass production, as well as warehouse and transport logistics, product certification, sales organization and export potential development.

“Volia Agri-Food Park Vinnytsia will provide international and Ukrainian food companies with ready-made solutions for business relocation and scaling,” the press service quoted Borys Shestopalov, founder and investor of Volia Agri-Food Park Vinnytsia, as saying.

According to the businessman, who is also a co-owner of food tech companies HD Gtroup and GFS, the infrastructure is expected to meet the latest requirements in the field of high technology, energy efficiency and ecology to reduce operating costs and increase the profitability of food companies.

, ,

75% of residential complexes in Ukraine have resumed construction – LUN

On average, 75% of residential complexes in Ukraine have resumed construction works, while 82% have resumed sales, according to statistics from LUN portal.

According to the research presented at the conference “Analytics of the Ukrainian Real Estate Market: First Half of 2023”, more and more developers are resuming construction. As of today, 75% of residential complexes have resumed work on construction sites, while at the end of last year this figure was 69%.

The leaders in the resumption of construction work are the western and central regions of Ukraine, where the number of active construction sites is 88-96%. At the same time, 62% of residential complexes in Kyiv resumed construction, and 68% in the region. Kharkiv (19%), Mykolaiv (35%), and Zaporizhzhia (32%) regions show low rates of construction resumption.

According to LUN, as of July 25, 82% of new buildings out of 1,772 projects that were sold before the full-scale invasion began were sold. This figure corresponds to the data from June and is the highest since February 24, 2022.

Sales are most active in the western regions of Ukraine: 98% of residential complexes are sold in Zakarpattia region, 97% in Ivano-Frankivsk region, and 94% in Lviv region. Cherkasy, Kirovohrad, Zhytomyr, and Vinnytsia regions also have high rates (over 90% of open sales). In Kyiv and the region, the figure is 79% and 80%, respectively.

The lowest number of residential complexes for sale is in Mykolaiv region (67%), Zaporizhzhia region (40%) and Kharkiv region (19%).

At the same time, some developers completed sales during the full-scale war. According to LUN, 218 residential complexes were sold in Ukraine, most of them in Lviv region (46), Kyiv and Kyiv region (20 and 25 respectively), as well as in Odesa (23), Ivano-Frankivsk (20) and Zakarpattia (14) regions.