Business news from Ukraine

Business news from Ukraine

RDS GROUP OF ROAD CONSTRUCTION COMPANIES CONGRATULATES CHILDREN ON WORLD CHILDREN’S DAY

The RDS group of road construction companies annually congratulates children from needy families on World Children’s Day.
This year more than 50 multi-child families and children with disabilities registered at the Prymorsky territorial social services center in Odesa received gifts on World Children’s Day, the co-founder of the group, Yevhen Konovalov, said.

He noted that the company could not organize its annual concert for children due to the coronavirus (COVID-19) pandemic. Therefore it decided to present its young care recipients with sweets and tickets to the dolphin show valid until the end of the quarantine.

RDS Group is one of the top three road construction companies of Ukraine. It includes Kyivshliakhbud and Rostdorstroy. Its core business is construction, modernization and maintenance of roads and bridges, construction of airfield complexes.
As of April 2020, the company operates in eight regions of Ukraine and has ten production facilities.
Today the group carries out the repairs of the N-21 highway in Luhansk region within the Big Construction program. A part of the road connecting Severodonetsk and Stanytsia Luhanska is the only entry point to the temporarily occupied territory of Donbas. The company is also building concrete road N-31 Dnipro-Reshetylivka in Poltava region and overhauls the N-14 Kropyvnytsky-Mykolaiv highway.

The RDS group of road construction companies is also implementing a project financed by the World Bank for repairs of the M-03 Kyiv-Kharkiv-Dovzhansky highway.
The ultimate beneficial owners of RDS are Ukrainian citizens Yuriy Shumakher and Yevhen Konovalov.

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RDS GROUP OF ROAD CONSTRUCTION COMPANIES TO START WORKS IN LUHANSK REGION

The RDS group of road construction companies as part of the tender of the Automobile Road Service in Luhansk Region won by the group with the approved cost of UAH 816.99 million will repair 32 km of the road on the section from the city of Schastia to Novoaidar on the N-21 highway, which connects Severodonetsk and Stanytsia Luhanska.
“In the city of Novoaidar, we have built a production base. Investment has already reached some $3 million. There will be an Amomatic-LMK VS 240S asphalt concrete plant with a capacity of 240 tonnes per hour. From here we will supply all inert materials and asphalt to the site,” the co-owner of the group, Yevhen Konovalov, told Interfax-Ukraine.
According to information in the ProZorro system, the expected purchase price was UAH 832.5 million, the competitors of RDS, which was represented by Rostdorbud LLC in this tender, were Avtomahystral-Pivden LLC and Onur Construction International LLC. The contract with the winner was signed this week.
Konovalov said that the company will have to carry out the following work: shaping of old asphalt and concrete surface, laying a 15 cm roadbed consisting of a mixture of the material obtained from the shaping of the old surface and the new stone sand mixture, prepared by mixing with cement and bitumen emulsion, adding two layers of asphalt and concrete of 10 cm and 5 cm and repair of exits, stops and road marking.
“The implementation of this project will create 450 new jobs in this sensitive region. Geodetic survey work is already underway at the site. Inert materials are being delivered to the production facilities and the installation of a mixer plant and the asphalt concrete plant is underway. Some 121,370 tonnes of asphalt and 137,000 tonnes of the mixture need to be produced and laid in three months,” the co-owner of RDS said.
According to the data in ProZorro, the contract cost is dynamic. The main work (UAH 788.8 million) is expected to be done this year. The term for the provision of services is until the end of 2021.
The village of Stanytsia Luhanska is the only checkpoint between Ukraine and government uncontrolled areas in Luhansk region. From 10,000 to 13,000 people daily crossed it before quarantine. This road also unites different regions of Luhansk region and it is of key economic importance.
The Ukrainian group of companies RDS, which is among top three largest road construction companies in Ukraine, includes Kyivshliakhbud and Rostdorstroy. Its core business is construction, modernization and maintenance of roads and bridges, construction of airfield complexes.
The company is building concrete road H-14 Kropyvnytsky-Mykolaiv. As part of the reconstruction of the H-31 Dnipro-Reshetylivka highway in Poltava region, RDS is building an overpass over the railway and the section of the first concrete road in Ukraine. In 2019, the company won a World Bank tender for work on the first category highway M-03 Kyiv-Kharkiv-Dovzhansky.
As of April 2020, the company operates in eight regions of Ukraine and has ten production facilities.
The ultimate beneficial owners of RDS are Ukrainian citizens Yuriy Shumakher and Yevhen Konovalov.

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ROSTDORSTROY FROM UKRAINE CARRIES OUT REBRANDING TO RDS

The Rostdorstroy group of road construction companies, as part of expanding its business, carries out rebranding and will be renamed RDS, co-owner of the group Yuriy Shumakher has said in an interview with Interfax-Ukraine.
“We decided that the name of the company Rostdorstroy is long and heavy, especially for the European market, in which we, in addition to the Ukrainian market, want to be represented,” he said, noting that rebranding will allow the company to develop more actively in international markets.
According to the expert, ubiquitous digitalization and a huge flow of information force brands and companies to grow rapidly, in particular changing their visual image.
“Everything is becoming more simplified, easy,” he said.
He noted that initially the company was created as the Rost (Growth) investment group for construction of housing and commercial real estate.
“When we decided to invest in roads in 2005, we called the project Rostdorstroy. Now we work in the field of road construction and are already in the top three companies in this market,” he described the evolutionary path of development of the company and its brands.
The Ukrainian group of companies RDS includes Kyivshliakhbud and Rostdorstroy. The core business is construction, reconstruction and maintenance of roads and bridges, construction of airfield complexes.
The company is building concrete road H-14 Kropyvnytsky-Mykolaiv. As part of the reconstruction of the H-31 Dnipro-Reshetylivka highway in Poltava region, RDS is building an overpass over the railway and the section of the first concrete road in Ukraine. In 2019, the company won a World Bank tender for work on the first category highway M-03 Kyiv-Kharkiv-Dolzhansky.
As of January 2020, the company operates in seven regions of Ukraine and has ten production bases.
The ultimate beneficial owners of RDS are Ukrainian citizens Yuriy Shumakher and Yevhen Konovalov. The charter capital of the company is UAH 5.13 million

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