Business news from Ukraine

Business news from Ukraine

KHARKIV RESIDENTS TO BE EXEMPT FROM PAYING FOR UTILITIES UNTIL END OF WAR

In Kharkiv, the payment for all utilities provided by the city will be written off from February 24 until the end of the war, said Mayor Ihor Terekhov.

“I know and understand how hard it is for you, how steadfastly you hold on, enduring all the horrors of war. Therefore, all utilities provided by the city will be written off from February 24 until the end of the war,” Terekhov said in a video message published on his Telegram channel.

“At the same time, I am very grateful to all the people who, despite the fighting, continue to pay for housing and communal services. I promise you that with the arrival of peace in Ukraine, your bills will be recalculated,” he added.

RIBAS HOTELS GROUP PLANS TO EXPAND NETWORK IN LVIV, KYIV, KHARKIV AND ODESA

The hotel operator Ribas Hotels Group (Odesa) has preliminary agreements with developers to expand the network of WOL apart-hotels by opening new facilities in Lviv, Kyiv, Kharkiv and Odesa in the next 2-3 years.
As Artur Lupashko, founder of Ribas Hotels Group, told Interfax-Ukraine, according to preliminary agreements with developers, WOL and WOL Black apart-hotels with a total area of more than 20,000 square meters will be implemented in Lviv.
“We also have preliminary agreements to launch WOL apart-hotels in Kyiv and Kharkiv in the next two or three years,” he said.
In addition, it is planned to carry out repair work in the Odesa complex of Aura apartments with the aim of launching an apart-hotel in 2023.
“In addition, two more projects in Kyiv, two projects in Lviv, projects in Uzhgorod, Poltava and Mykolaiv are at the stage of active negotiations with developers,” Lupashko shared his plans.
Ribas Hotels Group is also partnering with developer Asgard in the Duck’s Lake apartment project in Lviv, work on which will start this year.

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ZELENSKY GOES BY WORK TO KHARKIV

On Friday, February 11, President of Ukraine Volodymyr Zelensky began a two-day working trip to Kharkiv and Kherson regions.
According to the President’s Office, in Kharkiv, the head of state will take part in the work of the Congress of Local and Regional Authorities, as well as hold an off-site meeting of the National Security and Defense Council (NSDC).
“Following the meeting, a briefing by the NSDC Secretary is expected,” the report said.
In Kherson region, Zelensky will be shown the actions of units of the Ministry of Internal Affairs and the development of measures to vacate administrative buildings.

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KHARKIV HEATING NETWORKS CONNECT OVER 90% OF HOUSES TO HEATING – COMPANY DIRECTOR

Kharkiv Heating Networks have already connected over 90% of houses to heating, director of the municipal company Vasyl Skopenko said.

“Since October 6, we have connected the entire social sphere. Since October 14, we have begun to connect residential buildings. As of today [October 21], we have already supplied heat to 91% of houses. It is clear that there are problems with air removal and defects, but I think that 3-4 days – and we will fully provide everyone with heat,” he said during a press conference at the Interfax-Ukraine agency.

Skopenko specified that the company provided an advance payment for natural gas for October and will be able to pay for November gas. At the same time, he predicted that due to low payments from the population, the company will not be able to accumulate the necessary funds to pay for gas in December-January, its accounts will be seized and the money will be automatically debited.

“I think everyone will have such a situation. Whatever memorandums we sign, given the gas price that exists, with a cash gap and the population’s ability to pay, it will be like this,” he said.

According to him, the difference in tariffs between the cost of heat supply and bills for the upcoming heating season for Kharkiv will be about UAH 2.4 billion, since tariffs for the population were not revised, and the price of gas increased.

The head of the company also said that in preparation for the heating season, the enterprise this year has replaced more than 100 km of heating networks, installed about 300 individual heating points with weather regulation in residential buildings, overhauled 24 boilers with a capacity of 30 to 100 Gcal.

In addition, within the framework of the program with the World Bank, 11 frequency-controlled pumps were put into operation.

“By the way, it is very economically profitable. In winter mode, one such pump gives energy savings in the range of UAH 1 million,” Skopenko said.

Also, within the framework of the program with the World Bank, six new small boiler houses were installed instead of the demolished 60-70-year old ones.

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PRIVATE HOUSES IN SUBURBS OF KYIV, KHARKIV, ODESA, DNIPRO AND LVIV FROM JULY TO SEPT INCREASE IN PRICE

Private houses in the suburbs of Kyiv, Kharkiv, Odesa, Dnipro and Lviv from July to September 2021 have risen in price by an average of 3-5%, President of the Association of Real Estate Specialists (Realtors) of Ukraine Yuriy Pita has told Interfax-Ukraine. “Over the past three months, a slowdown in the growth rate of their cost has been observed in the market for private estates. At the moment, the demand for private houses has been met by almost 90%,” Pita said. According to him, houses with an area of up to 150 square meters, located in the near suburbs (up to 20 km) of million-plus cities, were actively getting more expensive. The cost of other properties in the third quarter increased insignificantly, within 2.5-3%.
According to the association, a gradual decrease in the demand has been observed since the second half of this year: from July to September, the number of potential buyers decreased by 10%.
“Gradually, the supply begins to prevail over the existing demand, this is a significant factor for pricing in the segment of private houses,” the specialist said.
According to him, by the end of the year the price situation in the segment of private estates will remain stable with insignificant price fluctuations within 1.5% for small houses.
“According to the forecasts of the association, the cost of private houses is the ceiling for the existing demand. And further price increases will not be economically justified. Price stability may last until April 2022,” he said.
According to Pita, prices of land plots for private development in the third quarter increased by an average of 5%. At the same time, more than 60% of the demand is concentrated on plots with an area of 8-15 acres with supplied communications in picturesque locations at a distance of up to 20 km from the city limits. The demand for plots for construction of cottage townships remains stable, but here the choice of options is not very large, the expert notes.
He believes that price stability in the segment of land plots can hold out at least until April 2022, the start of a new active season.

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SWISS COMPANY PROVIDES KHARKIV WITH TRAM

Stadler (Switzerland) has provided Kharkiv with a modern three-section tram for operational tests, the press service of Kharkiv City Council reports with reference to Dmytro Lipovoy, the director of municipal enterprise Trolleybus Depot No. 2.
“The car is equipped with all the necessary systems for the movement and comfortable transportation of passengers. But first, we must conduct operational tests, that is, to familiarize the technical staff with the design features of the car, to understand how these trams are suitable for our tram tracks, how we can serve this equipment from the point of view of the capabilities of our depots,” he said.
He did not rule out that, based on the results of the tests, the issue of purchasing such trams will be considered.
“In fact, this is the first step in our cooperation, and what it will result in – we’ll see. Perhaps the issue of purchasing such cars will be considered,” Lipovoy said.
As reported, earlier in July the secretary of Kharkiv City Council, Ihor Terekhov, announced the need to update the tram fleet within 3-4 years.

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