Business news from Ukraine

Business news from Ukraine

VITALI KLITSCHKO: KYIV MADE ANOTHER PAYMENT ON EXTERNAL DEBT IN AMOUNT OF $28.8 MLN

Kyiv has redeemed the payment on the participation bonds in the PBR Kyiv Finance Plc loan in the amount of $28.8 million on June 13 in accordance with the schedule, Kyiv Mayor Vitaliy Klitschko said.
In addition, the city will also pay a semi-annual $2.2 million coupon.
“Despite the war in Ukraine and the difficult economic situation, Kyiv fulfills its obligations, remaining a stable and predictable partner for foreign investors,” the mayor stressed.
As reported, the international rating agency S&P Global Ratings downgraded the long-term credit rating of Kyiv in foreign and national currency from “B-” to “CCC +” with a negative outlook.

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MAYOR OF CAPITAL KLITSCHKO: KYIV WILL ALLOCATE ABOUT 18 MILLION EUROS FOR RESTORATION OF BUILDINGS DAMAGED BY SHELLING

Kyiv is allocating funds and is starting to reconstruct and overhaul residential buildings and premises of the social infrastructure of the capital, damaged by the shelling of Russian barbarians. This was announced by the mayor of the capital Vitali Klitschko in the Telegram channel on Monday.
“The capital allocates about UAH 600 million from the budget. The government promised to provide another UAH 200 million. We very much count on it. After all, almost 390 buildings need to be restored in the capital. Of these, more than 220 are residential buildings. Others are social infrastructure facilities (medical institutions, kindergartens, schools, social security institutions, administrative buildings),” Klitschko wrote.

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MAYOR OF KYIV VITALIY KLITSCHKO CONGRATULATED PEOPLE OF KIEV ON DAY OF THE CITY

Kyiv Mayor Vitaliy Klitschko congratulated the people of Kyiv on the City Day, the press service of the Kyiv City State Administration reported.
“Kyiv… Ancient and modern. Cozy and energetic. Our city has been standing on the hills of the Dnieper for 1540 years already! Proud, rebellious, beautiful. And together we make it even better! For the soul of the city is its people! Happy Kyiv Day, dear people of Kiev! Happy birthday, our beloved city! Glory to Ukraine! Glory to Kyiv!”, the press service quotes Klitschko’s words.
It is noted that on Sunday Kyiv is 1540 years old from the date of its foundation.

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MAYOR VITALI KLITSCHKO: KYIV TO PREPARE OWN RESTORATION PLAN

Kyiv will have a restoration plan “one day after the war,” Mayor Vitali Klitschko told Interfax-Ukraine following talks at the World Economic Forum (WEF).
“Everyone is stressing that we should prepare a plan for the day after the war: where and what we plan to do,” he told Interfax-Ukraine on Wednesday on the sidelines of the Ukrainian Breakfast hosted by the Pinchuk Foundation in Davos, host of the WEF.
According to Klitschko, separate projects for the renewal of infrastructure, logistics and the construction of a number of facilities are planned even for wartime.
At the same time, the mayor said that due to problems with the execution of the national budget, the capital is experiencing difficulties in accessing its own funds in the State Treasury.
“We have the city’s money in the Treasury, but there is no money in the Treasury. That is, we have money virtually, but not really,” he said.
Answering the question whether it is possible in such circumstances, Kyiv, following the example of the government, will also turn to the issuance of war bonds, Klitschko said: “Maybe.”
In the middle of May, the mayor estimated the cost of restoring all damaged buildings in the city at more than EUR 70 million.

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OF 3.5 MLN INHABITANTS OF KYIV, TWO-THIRDS HAVE ALREADY RETURNED TO CAPITAL – KLITSCHKO

Of the 3.5 million inhabitants of Kyiv, two-thirds have already returned to the capital, Mayor Vitali Klitschko said.
“Before the war, 3.5 million Kyivans were in our city… Almost two-thirds of Kyivans have already returned,” Klitschko said on the air of the National Telethon on Tuesday.
The mayor noted that there are still many restrictions in Kyiv due to the martial law: there is a curfew, there are still a large number of checkpoints, there is still a possibility of shelling the capital, and in the forest zone of the suburbs all territories have not yet been cleared of mines, there are many explosive objects, and therefore visiting green areas is prohibited. .
“That is, there are many restrictions. And if these restrictions do not scare you, then you can really return,” Klitschko said.
He stressed that he could not forbid the people of Kiev to return to the capital, but could only recommend.
“If you have the opportunity to be in more protected places, where there is no risk to your life and health, please stay. But if possible, we will not mind returning to our homes today,” the mayor said.

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CAPITAL OF UKRAINE WILL RETURN FARE IN PUBLIC TRANSPORT – KLITSCHKO

In the capital of Ukraine will return the fare in public transport, said the mayor of Kyiv Vitaliy Klitschko.
“We are already switching to paid travel in public transport,” Klitschko said on the air of the National Telethon on Tuesday.
At the same time, the mayor of the city did not specify when exactly the paid travel would resume, but noted that the price for it remains the same (UAH 8).
Klitschko explained the restoration of paid travel in public transport by the need to replenish the city budget.
“We understand that we now have a large amount of energy resources that we need, and electricity, and wages for our utilities, employees, and I can honestly say that the city will not pull, because the budget must be replenished,” the mayor said.
As reported, since February 24, due to the martial law associated with the military aggression of the Russian Federation, public transport in the capital has been free of charge.

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