Business news from Ukraine

Business news from Ukraine

“Avtomagistral-Pivden” won tender for construction of highway in Romania for EUR 600 mln

Automagistral Pivden SRL (Ukraine) – Precon Transilvania SRL (Romania) has been recognized as the winner of one of three lots for the construction of the Arad-Oradea section of the highway with a project budget of EUR 600 million, the press service of Avtomagistral-Pivden reports.

The Ukrainian Embassy in Romania noted that the victory of the Ukrainian company in one of the largest infrastructure construction tenders is a significant event in terms of strengthening bilateral economic relations between Ukraine and Romania.

“The presence of the largest Ukrainian construction company in Romania will help strengthen the position of Ukrainian business in the EU market, develop joint projects and partnerships between Ukrainian and European companies, and exchange of experience. The EU market is traditionally represented by the world’s leading companies. The victory in the competition with the strongest rivals is evidence of the Romanian customer’s trust in the Ukrainian contractor,” the embassy said in a Facebook post.

In total, the four-lane Arad-Oradea highway will have a total length of 120.47 km and will provide a connection to the Romanian-Hungarian border. The lot won by an association of Ukrainian and Romanian companies includes a 47.07 km section, to which a connecting road to the Arad West industrial zone (2.9 km) is added. The project provides for 29 bridges with a total length of 2.5 km, six traffic interchanges, four sites for large vehicles, and two road repair stations (for highway maintenance).

“The victory of Avtomagistral-Pivden is evidence that our country is able to successfully enter the European market with high-tech services. Our company’s participation in one of the largest infrastructure projects in the EU will be important for dozens of other Ukrainian companies that supply materials and services,” the release says.

Avtomagistral-Pivden LLC has been on the market since 2004. It designs and builds highways, bridges, interchanges, airfield complexes, and hydraulic structures. The company’s owner is listed in Opendatabot as Oleksandr Boyko. According to the financial results for 2023, the company’s net profit amounted to UAH 624.9 million, and revenue was UAH 8.215 billion.

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Slovakia may start construction of highway on border with Ukraine

Slovakia may begin construction of a highway leading from Kosice to the Uzhhorod-Vysne Nemecke checkpoint on the border with Ukraine, the press service of the Ukrainian Ministry of Finance reported on Friday.
The project of building a new highway was discussed at bilateral talks on improving cross-border communication in Slovakia with the participation of Deputy Finance Minister of Ukraine Oleksandr Kava as part of a government delegation headed by Prime Minister Denys Shmyhal.
“The meeting also discussed the project of building a highway from the Uzhhorod-Vysne Nemecke checkpoint to the suburbs of Kosice. This is part of Slovakia’s main highway, the D1, which connects the country’s two largest cities, Bratislava and Kosice, and is also part of the pan-European network of expressways,” the statement said.
The parties also discussed the issue of opening the Uzhhorod-Vysne Nemecke checkpoint not only for cars, but also for pedestrians and cyclists. The checkpoint will be accessible by public transport from both sides of the border without the need to use a car.
“This is especially important for residents and guests of the regional center of Zakarpattia Oblast, as it will provide them with more opportunities for movement,” the press service adds.
In addition, it is planned to expand the automobile part of the checkpoint from four to five lanes, which will increase its capacity.
Kava, quoted in the report, noted that the agreements reached are a step towards creating a smooth and dynamic cross-border connection.
“They will not only improve the daily lives of our citizens, but will also contribute to overall economic growth together with partner countries,” the deputy minister said.
Earlier, Deputy Minister of Communities, Territories and Infrastructure Development Serhiy Derkach said that a passenger terminal with several lines of traffic for passenger buses would be built at the Uzhhorod-Vysne Nemecke checkpoint on the border with Slovakia by the end of 2024.

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Ministry of Reconstruction is designing new road parallel to existing Odesa-Reni highway

The Ministry of Communities, Territories and Infrastructure Development is designing a new road parallel to the existing Odesa-Reni highway, part of which runs through the territory of the Republic of Moldova (Palanca village), Deputy Minister of Communities, Territories and Infrastructure Development Yuriy Vaskov said.

“We are designing a road in parallel with the existing Odesa-Reni highway to organize a connection on Ukrainian territory,” Vaskov said at Infrastructure Day 2023, organized by the European Business Association in Kyiv on Friday.

According to him, the construction of a facility is planned directly on the Odesa-Reni highway.

“In order to solve the problem point by point, we, as the Ministry of Reconstruction, have found funding and want to build a structure to avoid stopping vehicles,” Vaskov said, adding that the issue is being coordinated with the Moldovan side, in particular, with territorial communities in Moldova.

The Deputy Minister noted that there are attempts to illegally cross the border, both successful and unsuccessful.

As you know, a part of the Odesa-Reni highway on the section from Mayaky village to Udobne village (from 51 to 50 km) runs through Moldovan territory.

On June 30, 2011, an act was signed in Chisinau (Moldova) to define and fix the boundaries of the Odesa-Reni highway section near Palanca village and the land plot. Palanca village, as well as the land plot on which it runs. The road section was de jure transferred to the ownership of Ukraine on November 18, 2001, but the act of determining the boundaries on the ground was never determined.

According to the 1999 border agreement, Moldova transferred a 7.7 km section of the Odesa-Reni highway to Ukraine for use, but the territory adjacent to the road near Palanca remained in Moldovan ownership. After the change of power in Moldova in 2009, Ukraine demanded that the territory of almost 1,000 hectares be transferred to its ownership, arguing that Moldova had transferred 450 meters of the Danube coastline to Ukraine in 2002, which enabled it to build the Giurgiulesti seaport.

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ON HIGHWAY M-06 KYIV-CHOP PARTIALLY OPENED TRAFFIC FOR TRUCKS

On the Zhytomyr highway on the M-06 Kyiv-Chop highway, traffic was partially opened for trucks on Saturday, the right passage of the destroyed bridge will be restored at the next stage, Minister of Infrastructure Oleksandr Kubrakov said.
“The movement of trucks on the Zhytomyr highway is open. Today we opened the left lane on the international road M-06 Kyiv – Chop near Parking and resumed traffic on the highway for trucks,” Kubrakov wrote on Facebook.
He noted that with the opening of the bridge on the M-06 highway, traffic will be resumed in almost all the main strategic directions of Ukraine and promised that the next step would be the restoration of the right passage of the destroyed bridge.
“We plan to complete the work in the fall,” the minister stressed.
According to him, it took less than two months to build a temporary passage for transport on the site of those destroyed as a result of hostilities.
“It took less than two months to build a temporary span structure on the remains of old structures, arrange a monolithic slab of the span structure and lay a layer of asphalt concrete. The road markings have been updated and appropriate road signs have been installed,” he said.
He stressed that thanks to the blown up bridge on the road to Irpin in the first days of the Russian invasion, the occupiers could not move further and surround the capital.
Kubrakov also reports that immediately after the liberation of the capital region, the construction of temporary crossings and detours began.
“A temporary bridge near Stoyanka was erected in mid-April, but only light vehicles could move through it – trucks were forced to take a detour, wasting extra time and fuel,” he added.

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ROAD WORKERS ARE BUILDING TEMPORARY CROSSING NEXT TO DESTROYED BRIDGE ON HIGHWAY M-21

Road workers in the Zhytomyr region on the highway M-21 Vystupovichi – Zhytomyr – Mogilev-Podolsky are equipping a temporary passage parallel to the bridge over the river destroyed due to the war.
According to Ukravtodor on its Facebook page on Wednesday, today citizens have to make an almost 30-kilometer detour.
At present, the contractor group of companies “Avtostrada” equips the base and carries out earthworks.
“The temporary crossing will have two lanes to ensure traffic in both directions. We will pave the detour itself,” the message says.
The contractor plans to complete the construction of the temporary crossing by the end of the month.
In addition, road workers are inspecting and patching on the M-21 road. This applies to those areas where work has not been carried out in recent years, the state agency clarifies.
Ukravtodor also asks drivers to be careful while driving, especially in the northern part of the Zhytomyr region, to adhere to the permitted speed limit and drive according to road signs, as changes in traffic organization are possible. Avtostrada group of companies was created as a joint Ukrainian-German enterprise. From the first days of work, German quality control standards have been introduced at all stages of production. The fleet is equipped with the best examples of the latest technology from leading world manufacturers. Environmentally friendly asphalt plants have been opened, and our own powerful production bases have been created. Maxim Shkil is the owner of the Avtostrada group of companies.

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UKRAINIAN RDS GROUP WINS TENDER TO REPAIR KROPYVNYTSKY-KRYVY RIH-ZAPORIZHIA HIGHWAY

A tender worth UAH 452 million to repair 25 km of Kropyvnytsky’s bypass road towards Kryvy Rih on the H-23 Kropyvnytsky-Kryvy Rih-Zaporizhia highway was won by a group of road construction companies RDS, the co-founder of the company Yuriy Shumakher has told Interfax-Ukraine.
“We have already formed working brigades in full, and this Saturday [July 4] we are starting construction,” he said.
Schumacher said that the RDS group, as one of the largest players in the Ukrainian road market, understands the importance of the Big Construction project announced by the president, therefore, it is responsible for the quality and deadlines for the work performed.
Turkish Onur Construction International with the best offer of UAH 452.899 million and the Ukrainian-German company Avtostrada with the best offer of UAH 452.9 million also participated in the tender with an expected value of UAH 477.08 million.
The total volume of H-23 road repair in Kirovohrad region this year is 83 km.
RDS Group is included in the top three road construction companies of Ukraine. It includes Kyivshliakhbud and Rostdorstroy. The core business is construction, reconstruction and maintenance of roads and bridges, construction of airfield complexes.
The ultimate beneficial owners of RDS Group are Ukrainian citizens Shumakher and Yevhen Konovalov.

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