Business news from Ukraine

Business news from Ukraine

OFFICE REAL ESTATE MARKET IN KIEV TO EXPAND BY 376,000 SQ M

It is planned to open 16 business centers with a total area of 376,000 square meters in Kyiv in 2021-2022, Managing Partner of CBRE Ukraine Radomyr Tsurkan told Interfax-Ukraine during the forum devoted to current trends in real estate on Wednesday.
“The collapse of the offices that scared everyone at the start of the pandemic did not take place. According to a study conducted by CBRE in 2020, 73% of those surveyed want to return to the office and have a hybrid work format,” Tsurkan said.
As a result, active construction of new projects and entry of new office space into the market is seen. In particular, in the first quarter of 2021, the new supply amounted to 22,000 square meters.
“Now the vacancy rate is about 14%, this is a fairly healthy indicator. The rates have dropped slightly – by 10% compared to 2020 and total $25 per square meters a month,” Tsurkan said.
According to CBRE Ukraine, in 2021, 12 business centers with a total area of 207,000 square meters are being prepared for going live.
In 2022, it is possible to replenish the office real estate market with four facilities with a total area of 169,000 square meters.
Among the trends in the office real estate market, the expert named changes in formats. “Now everyone understands: a large business center must have a coworking space. Another innovation that we will see soon is a mandatory area for conversations, meetings with visitors on the ground floor and/or in the office itself. This is a safety requirement, including epidemiological,” Tsurkan said.

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UKRAINE LAUNCHES TRAIN TO CONNECT VIENNA, BUDAPEST AND KIEV

JSC Ukrzaliznytsia is launching a Kiev-Vienna train since June, which will pass through the territory of Ukraine, Austria and Hungary, the Ukrzaliznytsia’s press service reported on Sunday.
The restoration of international railway traffic became possible with the assistance of the railway authorities of Austria and Hungary thanks to the stabilization of the situation with the coronavirus pandemic.
“The first train from Kiev to Vienna will start on June 1, so Ukrzaliznytsia passengers have a great opportunity to start their summer with a visit to Austria. In the future, the train will run daily according to the following schedule: it will depart from the Central Kiev Station at 02:07 pm, will pass through Budapest (arrival at 8:20 am) and arrive in Vienna at 11:21 am the next day. In the opposite direction (from June 2) the train will depart at 4:42 pm and arrive in Kiev at 5:22 pm the next day,” Ukrzaliznytsia said.
Tickets for the Kiev – Vienna train can be purchased at the international ticket offices of the stations.
“Passengers can find out up-to-date information on the rules for the entry of Ukrainian citizens into the territory of Austria and Hungary, as well as citizens of these countries in Ukraine, through the official sources of the embassies of Ukraine in Austria and Hungary and the embassies of these countries in Ukraine,” Ukrzaliznytsia said.

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NEW UKRAINIAN AIRLINE BEES AIRLINE PLANS TO LAUNCH FLIGHTS FROM KIEV TO SAMARKAND (UZBEKISTAN)

The new Ukrainian airline Bees Airline intends to operate flights from Kyiv to Samarkand (Uzbekistan) from July 2021.
As reported on the website of the State Aviation Service of Ukraine, the company’s application will be considered by the regulator’s commission at a meeting on Thursday.
At the meeting, the State Aviation Service Commission will also consider the application of Bees Airline on granting it the right to operate the Kyiv-Helsinki-Kyiv air line from June this year.
In addition, the issue of canceling the right of Ukraine International Airlines (UIA) to operate the Odesa – Baku (Azerbaijan) – Odesa line and granting SkyUp the right to this line will be considered.
In addition, the issue of granting SkyUp the right to operate the Kyiv – Dalaman (Turkey) – Kyiv and Lviv – Bodrum (Turkey) – Lviv lines and Azur Air Ukraine the right to operate the Kyiv – Istanbul – Kyiv flights will be considered.

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NEW UKRAINIAN AIRLINE BEES AIRLINE TO FLIGHT FROM KIEV TO LVIV, ODESA, KHERSON

The State Aviation Service of Ukraine has granted the new Ukrainian airline Bees Airline the rights to operate the Kyiv – Lviv – Kyiv, Kyiv – Odesa – Kyiv and Kyiv – Kherson – Kyiv airlines. Order of the State Aviation Service No. 655 dated April 26, 2021 was published on its website.
According to the document, the frequency of these flights and the duration of the rights are not limited.
As reported, the State Aviation Service of Ukraine issued an operator certificate to Bees Airline on March 12, 2021. Later, the regulator allowed the company to operate flights on 31 routes – 15 regular and 16 charter flights.
Bees Airline made its first charter flight from Kyiv to Sharm el-Sheikh (Egypt) by order of the tour operator Tez Tour Ukraine on March 18, 2021.
According to the public register of civil aircraft of Ukraine, Bees Airline registered two aircraft in Ukraine – Boeing 737-800 with registration numbers UR-UBA and UR-UBB. Both aircraft are produced in 2010 and belong to San Clemente Leasing LLC (the United States).
According to Bees Airline CEO Yevhen Khainatsky, by the end of 2021 the fleet will be replenished with two more aircraft. Another two are planned to arrive in 2022.
The base airport of Bees Airline is Kyiv International Airport named after Ihor Sikorsky.
According to the data in the register, the beneficial owners of Bees Airline are Serhiy Smirny (90%) and Khainatsky (10%).
Previously, Khainatsky was CEO of another Ukrainian airline – SkyUp Airlines.

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KIEV AND FIVE UKRAINIAN REGIONS TO GET OUT OF “RED ZONES”

Deputy Minister of Health, Chief Sanitary Doctor of Ukraine Viktor Liashko has announced withdrawal next week from the “red zone” of the epidemiological danger for Kyiv and five regions.
“According to our forecasts, Lviv, Kyiv (any day), Kyiv, Zaporizhia, Odesa and Poltava regions will get out of the red level during the next week,” Liashko wrote on his Facebook page on Friday evening.

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KIEV METRO TO BUY 50 NEW METRO CARS

The European Bank for Reconstruction and Development (EBRD) and Kyiv Metropoliten have signed a loan agreement in the amount of EUR 50 million for the purchase of 50 new metro cars.
According to the website of Kyiv City State Administration, Kyiv City Council and the EBRD signed the necessary guarantee agreement.
“Today we are signing a loan agreement between the EBRD and Kyiv Metropoliten and a guarantee agreement between Kyiv City Council and the EBRD. And I hope that by the end of this year we will conclude a contract for the purchase of new cars for Kyiv Metropoliten. Under the terms of the loan, the city will receive an installment payment plan from the EBRD for 12 years,” Mayor of Kyiv Vitali Klitschko said.
He also said that now Kyiv is building two new metro stations in Vynohradar residential area – Mostytska and Prospekt Pravdy.
“We plan to open them by the end of the year. Today, more than 700 meters of 1.3 km of tunnel underground have been developed in the direction of the Syretska metro station. A tunnel is being built between the future stations Mostytska and Prospekt Pravdy. Therefore, these cars will serve the Syretsko-Pecherska line of the metro,” Klitschko said.
According to the EBRD, improving communication with the Vynohradar residential area by opening two new metro stations will help reduce the use of private cars and improve air quality.

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