Business news from Ukraine

Business news from Ukraine

WINHUB has received permit to build first phase of logistics park near Boryspil

As part of the large-scale WINHUB project to develop European Class A logistics facilities in Ukraine—implemented by TERWIN Corporation—the company has received a permit to begin construction of the Class A Winhub Kyiv Airport logistics park, located in the Boryspil district of Kyiv Oblast, according to the company’s press service.

“WINHUB is consistently implementing its strategy to develop a network of next-generation logistics parks and continues to prepare for the construction of new facilities. Today, we are focused on the necessary preparatory processes: project design, expert reviews, and obtaining permits. We are convinced that under current conditions, this is the most effective operational model. Our goal is to prepare the sites as thoroughly as possible today so that we can begin construction without delay as soon as security conditions in the country allow,” said Yana Levitan, CEO of WINHUB.

The permit was obtained on November 2, 2026, through the Unified State Electronic System for Construction (USESC) within the ten-day period established by law. The permit provides for the construction of the first building of the production and warehouse complex with a total area of 48,167 square meters, which will consist of two initial phases with areas of 24,954 square meters and 23,213 square meters, respectively. Project Line LLC serves as the general designer of the project, and Base Bud LLC has been designated as the general contractor. According to the website, the total area of Winhub Kyiv Airport is planned to be 160,580 square meters.

The overall concept of WINHUB involves creating a network of LEED-certified Class A logistics parks totaling 1 million square meters in strategic logistics locations across Ukraine. Currently, according to the project’s website, the portfolio includes three sites—one in the Odesa region and two in the Kyiv region. According to the announced plans, by 2032, thanks to WINHUB, modern logistics parks with a total area of 1 million square meters will be operational in Ukraine. The estimated investment volume is $700 million.

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KSM Protec Lubricants Plant Completely Destroyed in Kyiv Region

In Kyiv region, the production and warehouse facilities of KSM Protec, a manufacturer of lubricants under the PROTEC brand, were completely destroyed as a result of two consecutive Russian drone attacks on October 10 and 11.

The company itself confirmed the information on its official website. The company reported that the strikes resulted in the destruction of production premises, technological equipment and infrastructure, after which production operations were completely halted.

“This is not simply the loss of production premises, technological equipment and infrastructure. Behind the enterprise were years of work, significant investments, a professional team, accumulated experience and technological processes that ensured the production of Ukrainian products,” the company stated.

KSM Protec specialized in the production of lubricants, motor oils and automotive chemicals. The company manufactured products under the PROTEC, KSM, KSM Lubes, Temol, Enrol, S Power and Oil Doctor brands, and also produced goods under customers’ trademarks.

The enterprise is located in Klavdiievo-Tarasove, Bucha district, Kyiv region. According to public registers, KSM Protec LLC was registered in 2011.

The company has not yet disclosed an estimate of the damage, a possible timeline for restoring production or information about injured employees.

Source: official website of KSM Protec

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ASTOR Enerji is considering building an energy storage systems plant in Kyiv region

The Turkish company ASTOR Enerji A.Ş., which specializes in electrical equipment manufacturing, plans to implement a project worth up to $200 million in the Kyiv region, which will involve the production of energy storage systems and transformers, according to the Kyiv Regional Development Agency.

“The company is considering investing up to $200 million in the creation of a modern manufacturing complex in the Kyiv region. The project involves the production of energy storage systems, battery solutions, electrical equipment, and transformers,” the agency stated in a post on LinkedIn on Tuesday.

It notes that a corresponding memorandum with ASTOR Enerji A.Ş. was signed by the Kyiv Regional Military Administration with the agency’s support during the Carpathian Eight Summit.

The agency notes that for the Kyiv region, the implementation of such a project will mean the creation of new production capacity and jobs, further industrial development, the introduction of advanced technologies, and enhanced energy resilience.

It explained that it will continue to support the project through the next stages: from selecting potential investment sites and engaging with local communities to coordinating further steps with the investor.

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Kyiv and Lviv regions accounted for over 1.1 mln square meters of new housing in first half of year

The Kyiv and Lviv regions together accounted for over 1.1 million square meters of new residential construction reported in Ukraine from January through June 2026.

According to the State Statistics Service, 599,300 square meters were reported in the Kyiv region and 501,500 square meters in the Lviv region.

Another 437,900 square meters were accounted for by Kyiv, 328,700 square meters by the Odesa region, and 248,400 square meters by the Ivano-Frankivsk region.

The concentration is particularly noticeable in terms of the number of future apartments. In the Kyiv region, approximately 9.1 thousand apartments were announced; in the Lviv region, 7.2 thousand; and in the Ivano-Frankivsk region, 5.8 thousand

Together, these three regions alone accounted for over 22 thousand apartments—that is, a significant portion of the total new supply of multifamily housing announced nationwide in the first half of the year.

The regional breakdown reflects an ongoing redistribution of development activity. Kyiv and the Kyiv region remain the largest metropolitan market, while the Lviv and Ivano-Frankivsk regions maintain a significant volume of construction in the western part of the country.

At the same time, the trend is uneven: in the Kyiv region, the volume remained virtually unchanged from last year’s level, while in Kyiv it decreased by 10.7%, and in the Ivano-Frankivsk region—by 20.5%.

Source: State Statistics Service of Ukraine.

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Kyiv region overtook Kyiv in new housing construction volumes in the first half of the year

Kyiv region became the largest among the regional new housing construction markets specified by the State Statistics Service in January-June 2026, with 599.3 thousand sq. m, while 437.9 thousand sq. m were declared in Kyiv.

According to the Experts Club information and analytical center, around 9.1 thousand apartments were declared at the construction commencement stage in Kyiv region. In annual terms, the area of new construction remained virtually unchanged, decreasing by only 0.3%.

In Kyiv, the area of declared new housing decreased by 10.7% — to 437.9 thousand sq. m.

At the same time, the statistics on the number of apartments in the capital look unusual: the State Statistics Service indicates around 1.4 thousand declared apartments despite the significant total area. This may be related to the structure of specific projects and the specifics of the published data.

Lviv region became the third major market, where 501.5 thousand sq. m of housing and around 7.2 thousand apartments were declared in the first half of the year.

In Ivano-Frankivsk region, the area of new construction amounted to 248.4 thousand sq. m, decreasing by 20.5% year on year. At the same time, around 5.8 thousand apartments were declared.

In Odesa region, the figure reached 328.7 thousand sq. m and around 1.1 thousand apartments, but the State Statistics Service does not disclose comparable figures for the previous year.

Thus, in terms of the volume of declared new construction, the largest markets continue to be concentrated around Kyiv and the western regions of the country.

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Deposit Guarantee Fund has put three land plots belonging to RVS Bank up for sale for 11.3 mln UAH

The Deposit Guarantee Fund (DGF, the Fund) has listed the first three land plots belonging to the bankrupt RVS Bank in the village of Pohreby (Brovary District, Kyiv Region)—with a total area of 2.23 hectares—for sale on the “Prozorro. Sales” system the first three land plots belonging to the bankrupt RVS Bank in the village of

Pohreby (Brovary District, Kyiv Region), with a total area of 2.23 hectares, at a combined starting price of 11.3 million UAH.
According to the announcement, the land plots are intended for the construction of a residential building and outbuildings.

The starting price for the 0.93-hectare plot is 4.7 million UAH, for the 0.55-hectare plot—2.8 million UAH, and for the 0.75-hectare plot—3.8 million UAH.
The auction for the first plot is scheduled for October 2, and the auctions for the other two are set for October 5, 2026. Bidding will follow the English auction model, consisting of three rounds of price increases.

The minimum bid increment for all three lots is 1% of the starting price, and the deposit is 10%.
In total, this fall, the Deposit Guarantee Fund plans to put up for sale 35 land lots belonging to RVS Bank in the Kyiv region, with a total area of 34 hectares.

All interested parties are eligible to participate in the auction, except for individuals associated with the aggressor state. Proceeds from the sale of the assets will be used to satisfy the claims of RVS Bank’s creditors.
As previously reported, the first property from RVS Bank’s assets put up for sale by the Deposit Guarantee Fund was an oil depot in the Poltava region with a starting price of 16.3 million UAH; however, the auction on June 1 did not take place due to a lack of participants.

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