Business news from Ukraine

Business news from Ukraine

“Ukrzaliznytsia” launches additional train Kyiv-Truskavets

“Ukrzaliznytsia is launching an additional train to Truskavets from Kyiv, the company’s press service reports.

“Ukrzaliznytsia is launching the traditional additional train No. 159/160 Kyiv-Truskavets-Kyiv for the peak days of spring!” the statement said.

In particular, the dates of departure from Kyiv are expected to be April 25, 26, 27, and May 2, 3, 4. It is noted that the departure time is at 10:16. Arrival in Truskavets is at 19:37.

Meanwhile, the dates of departure from Truskavets are April 25, 26, 27, and May 2, 3, 4. Departure time is 09:03, arrival in Kyiv is 19:11.

There will be stops in Lviv and Drohobych.

Tickets can be purchased in the Ukrzaliznytsia app, at booking.uz.gov.ua or at railway ticket offices.

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Ukrgasbank puts up production complex in Kyiv for sale for over UAH 240 mln

The state-owned Ukrgasbank (Kyiv) has put up for sale via the OpenMarket platform (SE SETAM of the Ministry of Justice) an administrative and production complex at 2-b Kurenivska Street in Obolon district of Kyiv with a starting price of UAH 240.2 million.

According to the press service of SETAM, the lot consists of an administrative building (4.8 thousand square meters), a brick garage (49.8 square meters) and warehouse buildings (15.9 thousand square meters in total). The total area of the complex is 20.9 thousand square meters.

It is noted that the components of the complex are under five arrests in criminal proceedings, and there is a dispute over the ownership. Other restrictions include the bank’s right to use utilities, the absence of contracts for the supply of utilities, including electricity, gas, and water.

The auction based on the Dutch model is scheduled for April 22.

According to the National Bank of Ukraine, Ukrgasbank was ranked fifth in terms of assets (UAH 213.72 billion) among 61 banks at the beginning of this year.

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Austrian Film Week has started in Kyiv

For the thirteenth time, the annual Austrian Film Week festival has opened in Kyiv, which traditionally features the most striking and resonant Austrian films of recent years. The first film to be screened was The Peacock by Bernhard Wenger.

On April 10, 2025, the opening ceremony of the annual Austrian Film Week festival took place at the Zhovten Cinema in Kyiv, which will run until April 15.

The festival will also be held in Lviv and Chernivtsi. The film screening will take place from April 30 to May 4 in Chernivtsi and May 15-18 in Lviv.

The festival is organized by the Embassy of the Republic of Austria in Ukraine in cooperation with the Arthouse Traffic film company with the support of the general partner AMIC ENERGY.

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JYSK opens new stores in Kyiv and Uman

International home furnishing chain JYSK on Thursday opened stores updated to the 3.0 concept in Kyiv and Uman, said Country Director of JYSK Ukraine Yevhen Ivanitsa.

“Updating our stores to the JYSK 3.0 format is not just a change in design, but a qualitatively new level of comfort for our customers. We invest not only in space, but also in impressions – we create an atmosphere that inspires to equip a home with Scandinavian coziness. We are confident that these updates will make shopping in Kyiv and Uman even more convenient and every visit to the store a pleasant event,” commented Ivanitsa.

The JYSK 3.0 format provides for an updated approach to store design, with a modern design, improved navigation, full spotlighting and increased space.

In particular, the store located in the April City shopping center (Kyiv, 19A Lesya Kurbasa Ave.) has increased both the sales and warehouse space, which allowed to expand the range of goods and improve logistics processes. The new retail space is 947 square meters, office space is 36 square meters, and warehouse space is 302 square meters. This JYSK store has been operating in Kyiv since 2014, and in November it celebrated its 10th anniversary.

The JYSK store in Uman (31a Velyka Fontanna St.) has increased its warehouse space at the expense of the sales area. The total area of the store is now 878 square meters, including 254 square meters of warehouse space and 47.83 square meters of office space.

Currently, JYSK Ukraine has 104 stores in 37 cities and the online store jysk.ua. JYSK in Ukraine has more than 800 employees.

JYSK is part of the family-owned Lars Larsen Group with more than 3.4 thousand stores in 48 countries.

JYSK’s revenue in the financial year 2023/24 amounted to EUR 5.6 billion.

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Klitschko announces opening of traffic on South Bridge in Kyiv from left to right bank

Kyiv’s Defense Council has allowed traffic on the South Bridge from the left to the right bank, while traffic from the right to the left bank will remain closed for now, and restrictions on traffic during air alert on the Podil Bridge and Darnytsia Railway Bridge will be partially lifted, Kyiv Mayor Vitali Klitschko said.

“After consultations with the military, the Kyiv Defense Council allowed traffic on the South Bridge from the left to the right bank,” Klitschko said, as quoted by the Kyiv City State Administration (KCSA) press service in a Telegram message on Wednesday.

Klitschko noted that traffic on the South Bridge from the right to the left bank will remain closed for the time being, except for emergency services, public transport, military vehicles, and transit freight transport.

According to him, traffic restrictions will also be partially lifted during the air raid alert at the Podilskyi bridge crossing and Darnytskyi railway bridge. Only one lane from the left to the right bank will be closed on these bridges during the air alert.

Thus, traffic will move without restrictions: North Bridge; Metro Bridge; Ovchinnikov Bridge; Paton Bridge. E.O. Paton Bridge; Darnytsia Railway Bridge (except for one lane); Podilskyi Bridge Crossing (except for one lane); and the South Bridge – from the left to the right bank.

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Kyiv Metro announces new tender for purchase of 50 railcars

The Kyiv Metro has re-announced a tender for the purchase of 50 railcars as part of the Kyiv Urban Transport Modernization II project, funded by a loan from the European Bank for Reconstruction and Development (EBRD), the subway reported.

According to the report, the tender involves the purchase of 10 five-car trains with a free passage between cars (a “tube”), including the supply of spare parts, consumables, equipment and tools for rolling stock maintenance and repair.

The procurement will be conducted in the format of an open tender with prequalification. The deadline for submitting proposals for the first stage is May 2025.

As reported, the first similar tender in August 2023 was won by Kryukiv Carriage Works (KVSZ), which offered 10 trains for EUR79.2 million (including VAT), which was 37% cheaper than the offer of the second participant, Czech Skoda.

KVSZ proposed a 97-meter-long metro train with an asynchronous traction drive with three motorized and two trailed non-motorized cars, with domestic-made bogies, with a total passenger capacity of 1,650 people.

However, in November of the same year, Kyiv Metro canceled its decision to award the contract to KVSZ, and the carriage plant, in turn, tried to appeal the decision in the Kyiv Commercial Court, but to no avail.

The court’s decision dismissing KVSZ’s claim came into force in November 2024.

According to the court materials, Kyiv justified the decision to cancel the award of the contract by the fact that KVSZ tried to replace the supplier of the main equipment (in particular, control systems, traction power and equipment, traction gearboxes, subway control system) from the Spanish CAF (which was agreed with the EBRD) to a Polish or Japanese company.

At the same time, KVSZ pointed out that the change of supplier was due to the fact that CAF refused to supply the plant with equipment due to the workload of production lines. However, Metro refused to replace the supplier because it contradicted the terms of the tender.

As reported, in February 2021, the EBRD and Kyiv Metro signed a EUR 50 million loan agreement for the purchase of 50 new subway cars.

The subway trains are to be purchased for the Syretsko-Pecherska subway line towards the Vynohradar residential area, which will be resumed in 2024.

According to the Kyiv Metro, its inventory fleet currently includes more than 830 cars. At the same time, about 100 railcars will soon reach the end of their service life.

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