Business news from Ukraine

Ukrainian hotel occupancy increased by 39% in Kyiv and 46% in Bukovel – Mishchenko

Ukrainian hotel occupancy in May 2024 increased in Kyiv and Bukovel, while it decreased in Lviv and Odesa, Olga Mishchenko, Project Manager of Hotel Matrix, told Interfax-Ukraine.

“The occupancy of Ukrainian hotels in the first quarter of 2024 increased compared to the same period last year in Kyiv to 39% (+86%), in Bukovel – to 46% (by 13%), decreased in Lviv to 49% (by 14%) and in Odesa – to 23% (- 8%). In Kyiv, there is a positive trend in all indicators – the average daily rate (ADR) increased by 40% to UAH 2689, RevPAR (revenue per available room per day) by 158% to UAH 1041,” she said during the Hospitality Connect conference.

According to Hotel Matrix data, the average daily rate (ADR) for this period also increased in Bukovel – UAH 4190 (+13%), in Lviv – UAH 2729 (+7.15%), and decreased in Odesa – UAH 2126 (-6%).

RevPAR (revenue per available room per day) in May 2014 in Bukovel amounted to 1941 UAH (+30%), in Lviv – 1338 UAH (-8%), in Odesa – 490 UAH (-14%).

According to Hotel Matrix, as of June 2024, there are about 4 thousand three- to five-star hotels in Ukraine with a total of 110 thousand rooms. The estimated market volume as of May 2024 for accommodation services is UAH 2 billion 364.6 million.

Hotel Matrix is a web-based hotel analytics product developed by experts from Poland and Ukraine. It was launched in May 2020. Today, more than 200 hotels in Ukraine, Poland and Kazakhstan are connected to Hotel Matrix.

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1196 families from Kyiv and Mykolaiv have received monetary aid from Ukrainian Red Cross for rehabilitation

More than a thousand families have received monetary assistance from the Ukrainian Red Cross for rehabilitation.

“1,196 families from Kiev and Mykolaiv have received monetary assistance from the Ukrainian Red Cross for the rehabilitation of children and adults totaling more than 35 million hryvnias,” the Ukrainian Red Cross said on Facebook on Thursday.

The Ukrainian Red Cross provided cash assistance to patients undergoing rehabilitation at the National Children’s Specialized Hospital of the Ministry of Health of Ukraine “Okhmatdet” in Kiev and several rehabilitation centers in Mykolaiv under the Cash for Rehabilitation program supported by the British Red Cross. Each patient under the program received 30 thousand hryvnias.

“This amount was determined based on the results of a preliminary survey among families whose children or relatives are undergoing or need physical rehabilitation in medical institutions of the country, in particular, in the Okhmatdet hospital in Kiev and institutions in Mykolaiv,” said Elena Skrypnikova, head of the Innovative Financing Department of the Ukrainian Red Cross.

According to her, the categories of injuries and illnesses for which monetary assistance is provided have also been defined: rehabilitation after wounds received as a result of hostilities or the action of explosive objects; rehabilitation services due to congenital diseases; rehabilitation due to chronic diseases, in particular, oncological, cardiovascular and others.

The majority of children and adults who received cash assistance already have disability status or are in the process of obtaining it. In addition, families surveyed indicated a need for auxiliary aids such as wheelchairs, walkers, hand or foot orthoses.


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New Ambassador of Mexico appointed to Kyiv

Deputy Foreign Minister of Ukraine Iryna Borovets received copies of credentials from the newly appointed Ambassador of the United Mexican States to Ukraine, Audencio Contreras Gonzalez.

According to the press service of the Ministry of Foreign Affairs of Ukraine, the parties discussed issues of strengthening and intensifying bilateral relations, primarily in the political and economic spheres.

Borovets expressed gratitude for Mexico’s participation in the Global Peace Summit, which confirms the country’s commitment to the principles of the UN Charter. She emphasized the importance of joint efforts to establish a just and sustainable peace in Ukraine.

“The diplomats also exchanged views on Ukraine’s cooperation with Latin American and Caribbean countries and opportunities for further development of bilateral relations,” the statement said.

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KAN Development invests $80 mln in construction of two schools in Kyiv

KAN Development will invest about $80 mln in the construction of two schools in Kiev. construction two schools designed for more than 2,000 pupils in total, Igor Nikonov, founder of the KAN Development development company, told Interfax-Ukraine news agency.

“We fulfill our social obligations to the residents of the Republic Residential Complex. Here will be the largest educational institution in our A+ network. The building of 25 thousand square meters will house Respublika STEAM І-ІІІІ school and A+STEAM kindergarten. We will strive to launch it already by September 1, 2026,” Nikonov said during the official start of the construction of the construction work on Monday.

The building, designed by archimatika, will be located on a 3.3-hectare plot of land and will consist of four separate educational blocks: kindergarten, elementary, middle and high school – united by a large 80×18-meter column-free central atrium with an amphitheater in the center.

According to Nikonov, the investment in launching the school (construction and equipment) is estimated at about $40 million.

In parallel, work is underway on another school, on McCain St., a project that went to KAN Development six months ago. “Historically, there were commitments by another company to build an American school there, but due to the war this project was stopped. We have now finalized its concept. There will be IT direction, from the first grade to 12,” Nikonov said.

Architectural workshop “A. Pashenko” is working on the project. The area of the building is about 26 thousand square meters. m. The school is also designed for about 1 thousand pupils. The volume of investments is $40 million.

“On the basis of this school we want to make a small university. For this purpose we have already allocated the premises, about 3 thousand square meters. m. Our goal is to provide in our A+ network continuous quality education up to 23 years of age, from kindergarten to getting a profession,” Nikonov said.

This school, too, is scheduled to open on September 1, 2026, but Nikonov said Respublika STEAM is a priority. “We’re all dependent on financial issues. We definitely have funds reserved for schools, but the STEAM school is more important because it is our commitment to the residents of the LCD,” he said.

He added that great attention is paid to ensuring safety: all 11 institutions of the A+ network will be provided with shelters. In schools under construction they are included in the projects, in existing schools they are adapted, if the existing solutions allow, or separate ones are built. In particular, two new shelters are being built for existing schools – for the elementary school in “Republic” and for the school in “Comfort Town”. The budget of each of the projects is UAH 70 mln.

KAN Development was established in 2001. The company’s portfolio includes Ocean Plaza, Respublika Park, Tetris Hall, Central Park, Comfort Town, Faina Town, Respublika, IQ Business Center and 101 Tower. For more than 20 years on the market, KAN Development has developed more than 3 million square meters of residential, retail and commercial real estate. The company is also actively developing its own network of “A+” educational institutions.


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French Development Agency to open representative office in Kyiv

A representative office of the French Development Agency will open in Kyiv in July 2024, the French Embassy in Ukraine reported on Thursday.
“In addition to the two loans being implemented in support of Ukraine in 2022, we will now finance activities related to the sustainable development of Ukraine,” the statement said.


Klitschko: EUR 500 thousand raised for creation of prosthetics center in Kyiv

Kyiv Mayor Vitali Klitschko announced that EUR 500 thousand was raised for the creation of a prosthetics center in the capital during a charity fundraiser in Berlin.

“For our prosthetics center, which we are creating in Kyiv with the help of Berlin, we raised a total of EUR 500 thousand yesterday,” he wrote in his telegram channel on Thursday.

According to him, almost EUR305 thousand were donations in cash. “In addition, German business will provide, among other things, equipment to the prosthetics workshop for five additional employees,” he added.

Klitschko thanked the German benefactors, as well as the Life bridge Ukraine organization and its head Janine von Wolfersdorf, who, together with the Association of Berlin Merchants and Industrialists, organized a charity evening to raise funds for the prosthetics center.

“I am also grateful to the mayor of Kyiv’s sister city, Berlin, Kai Wegner, with whom we convinced Berlin businessmen of the importance of a joint project to create a prosthetics center in Kyiv,” Klitschko said.

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