Business news from Ukraine

Business news from Ukraine

Tatra-Yug will supply five three-section trams to Kyiv for UAH 481 mln

Ukrainian tramcar manufacturer Tatra-Yug LLC (Odesa) will supply five fully low-floor three-section self-propelled tramcars worth almost UAH 480.589 million to Kyivpastrans by the end of 2025.
According to Prozorro, the parties signed the contract on November 19 and published it on Thursday following a special tender held by Kyivpastrans for an expected amount of UAH 493.071 million (including VAT), in which Tatra-Yug was the only bidder.
At the same time, Tatra-Yug’s final offer amounted to UAH 490.589 million, but by the parties’ decision, the contract was amended and its amount was reduced by UAH 10 million.
“Kyivpastrans justified the need to reduce the price by stating that the Kyiv budget amendment stipulates that UAH 174.302 million will be allocated for these purposes from the 2024 budget, and UAH 306.286 million from the 2025 budget allocations.
The tramcar produced in 2024 is 26.9 meters long, has 67 seats, one seat for a passenger in a wheelchair, and is equipped with a ramp, and there are 8 gadget charging devices in the cabin.
In addition, the vehicle has an autonomous range of at least 1.5 thousand meters on a horizontal straight section.
The terms and conditions provide for 100% cash on delivery within five business days.
According to Tatra-Yug, the degree of localization of the three-section tramcar K1T306 is 72.8%.
“Tatra-Yug has been a major Ukrainian manufacturer of LRVs, trams and equipment since 1993. As noted in the press release, the company is an ideological follower of the world’s largest tram manufacturing company, the Czech TATRA, founded in 1927. Tatra-Yug’s portfolio includes six tram models and tram equipment,
The company produces tramcars at Pivdenmash’s facilities in Dnipro.
Kyiv has been purchasing Tatra-Yug trams since 2021.
As reported, in 2023, 8 Tatra-South trams on route 33, connecting Troyeschyna and Darnytsia, entered service, and several more have been running since December on route 8 from Lesnaya metro station to Poznyaki metro station.

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Ukraine launches daily train Kyiv-Budapest

Starting December 15, Ukrzaliznytsia JSC (UZ) will launch a daily direct train between Kyiv and Budapest.
“Starting December 15, we will launch a daily direct train Kyiv – Budapest. Train No. 9/10 on this route will be another – already the 20th – international train of Ukrzaliznytsia,” the UZ press service said on Telegram on Thursday.
The train will run in standard sleeping cars: compartment (4 seats) and suite (2 seats).
“A lot of diplomatic work preceded the appointment of this flight, so that wide cars in the amount of at least eight per flight could deliver Ukrainians from/to the Hungarian capital. It is here that the Ferenc Liszt Airport is located, the largest airport in the region, many of whose flights are now synchronized with the Ukrainian train,” the press service quoted Oleksandr Pertsovsky, Chairman of the Board of UZ, as saying.
The train will depart from Kyiv at 10:16 and arrive in Budapest at 06:00. In the opposite direction: departure from Budapest at 22:40, arrival in Kyiv at 19:11. The cost of a ticket in a compartment carriage is approximately UAH 3 thousand.

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Austrian Embassy in Ukraine held solemn diplomatic reception in Kyiv

On October 24, 2024, Ambassador Extraordinary and Plenipotentiary of the Republic of Austria to Ukraine Dr. Arad Benkyo held a solemn diplomatic reception in Kyiv on the occasion of the main Austrian National Holiday, which has been celebrated on October 26 every year since 1965. On this day in 1955, the Austrian Parliament adopted the Federal Constitutional Law on Permanent Neutrality, which defines the policy of the Alpine Republic – not to participate in war, not to allow the establishment of military bases of foreign countries on its territory and never join any military alliances in the future. Although Austria is a member of the European Union, the country has renounced membership in NATO.
On this occasion, numerous guests – partners and friends of Austria – gathered in the capital’s Hilton Kyiv hotel to celebrate this special day together. These are representatives of foreign diplomatic missions in Ukraine, representatives of government agencies, including the Deputy Minister of Foreign Affairs of Ukraine Yevhen Perebiynis, representatives of Austrian companies in Ukraine, educators.
The event solemnly began with the singing of the anthems of the Republic of Austria, Ukraine and the European Union.
Dr. Arad Benjo, Ambassador Extraordinary and Plenipotentiary of the Republic of Austria to Ukraine, and Yevhen Perebiynis, Deputy Minister of Foreign Affairs of Ukraine, addressed the guests with welcoming remarks.
On June 24, 1992 diplomatic relations between Ukraine and Austria were established.
On June 24, 1992 the Austrian consulate in Kiev was transformed into the Embassy. Austria is the only country that has not formalized the diplomatic recognition of Ukraine, as it believes that the fact of Ukraine’s membership in the UN and a number of international special organizations is a sign of Ukraine’s recognition by the world community in 1945.

Source: https://www.facebook.com/UkrDiplomatic

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Starting tomorrow, Kyiv will limit speed to 50 km/h in areas where it was possible to drive up to 80 km/h in summer

Starting November 1, the speed limit on the roads of the Ukrainian capital will be limited to 50 km/h on all eight sections where it was allowed to drive at speeds up to 80 km/h in the spring and summer, according to the website of the Kyiv City State Administration.

These are the sections on Naberezhne Shosse (from Poshtova Square to Prydniprovske Shosse), Prydniprovske Shosse, Stolychne Shosse (to Akademika Zabolotnoho Street), Bazhana Avenue (from the Southern Bridge Crossing to Kharkivska Square), Shukhevycha Avenue (from the Northern Bridge to Balzaka Street), Bankova Avenue, and Balzaka Street. Bandera Avenue (from Obolonskyi Avenue to the Northern Bridge), Naberezhno-Rybalska Street (from Havanskyi Bridge to Elektrykiv Street), P-69 highway (from Ozerna Street to the Kyiv city border, except for the section near the traffic light facility).

In total, 105 road signs will be dismantled in the city, which allowed driving at speeds up to 80 km/h. During the works, there may be short-term partial traffic restrictions on these streets.

“Please note that the speed limit is 30 km/h on the streets near schools and kindergartens with access to the road. Speed limits are also in effect on road sections where repairs are being carried out,” the KCSA emphasized.

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10th Kyiv International Economic Forum will be held in Kyiv

On November 7, the 10th Kyiv International Economic Forum ( KIEF) 2024 will be held with the theme “The Power of Challenge. What will shape the future of Ukraine and the world?.

For the third time, the forum will be held in Kyiv under martial law. Its participants will discuss the war in Ukraine in the context of the global world: protecting Ukraine’s economic interests in the EU, opportunities and challenges for human capital, the future of the energy system, Ukrainian Defense Tech in the global technology market, and business relations with the government to restore Ukraine.

This year’s Forum will be held against the backdrop of the US presidential election scheduled for November 5. The election results will be one of the key topics for discussion among speakers and participants.

“It is important that business, government and society work together to create effective mechanisms of cooperation. Especially now, when the full-scale invasion of Ukraine is compounded by global instability. We are on the verge of great changes, and the question before us is: how will we use them? Will these challenges become an insurmountable obstacle or, on the contrary, an incentive to find new solutions and move forward? “ said Yuriy Pyvovarov, CEO of the Kyiv International Economic Forum.

The organizers expect more than 100 speakers to take part in 16 panel discussions.

Among them:

Representatives of the international community

Vyacheslavs Dombrovskis, Minister of Economy and Energy of Latvia (2014), Minister of Education and Science of Latvia (2013-2014)

Katarīna Mathernova, Ambassador of the European Union to Ukraine

Michael McFaul, Professor of Political Science at Stanford University (online)

John Denton, Secretary General of the International Chamber of Commerce (ICC)

Crispin Allison, senior partner at Marsh McLennan

Konstantinos Nakis, Partner and President of Chicago Atlantic Trident

Dan Rice, President of American University Kyiv, former US Army officer

Leaders of the business community

Olga Ustinova, CEO of Vodafone Ukraine

Vasyl Khmelnytsky, Forum initiator, founder of UFuture holding

Yevhen Osypov, CEO of Kernel

Natalia Yemchenko, Director of Public Relations and Communications at SCM

Galina Gerega, co-founder of Epicenter Group of Companies

Taras Kitsmei, co-founder and member of the Board of Directors at SoftServe

Sergiy Voitsekhovsky, member of the Board of Directors, BGV Group Management

The discussion panels will also include participants from the public sector – representatives of the Cabinet of Ministers, the Office of the President of Ukraine, and the Verkhovna Rada.

Program updates and speaker announcements can be found on the website.

This year, in partnership with Gen.Ukrainian, KIEF is allocating part of the proceeds from ticket sales to the psychological rehabilitation of children affected by the war. The funds will be used to organize Gen.Camp camps where children will receive professional help from qualified psychologists and psychotherapists. In addition, those interested can make additional donations at the link.

TheKyiv International Economic Forum is one of the largest international forums in Eastern Europe, bringing together representatives of business, government and society to discuss key economic issues and global trends.

A number of ideas discussed at KIEF were later implemented, in particular, at the legislative level: industrial parks, an export credit agency, energy service contracts, a moratorium on the export of roundwood, and a reduction in the unified social tax. These tools have attracted billions of dollars in investment and increased Ukraine’s GDP.

Registration for the Kyiv International Economic Forum is available here.

Title partners: UFuture, Mastercard, Nova Poshta, AEQUO

Partners: Biopharma, INTERPIPE, FUIB, MHP, Epicenter, PrivatBank, DTEK, Lamel, Ajax Systems, Biosphere Corporation, Sense Bank, Kernel, Vodafone, OKKO, Metinvest

Program partners: ACC (American Chamber of Commerce in Ukraine), Center for Social Change and Behavioral Economics, GLOBSEC

Business expert: Forbes Ukraine

Title media partners: Starlight Media, 1+1 media

Media partners: New Voice, LIGA.net, RBC-Ukraine, Delo.ua, Interfax-Ukraine, The Kyiv Independent, TAVR Media, Mind.ua, Kyiv Post

To apply for media accreditation: accreditation form.

Contact person for registration of participants:

Oleksandra Barabash

Tel.: +380 50 880 0010

Email: tickets@forumkyiv.org

Contact person for media accreditation:

Bohdana Myshkovska

Tel: +380 63 597 4806

Email: bogdana@sameandfriends.com

Interfax-Ukraine is a media partner of the Forum.

https://interfax.com.ua/

 

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Unique investment offer for commercial real estate on Landscape Alley

A new unique opportunity for investors in one of the most famous and picturesque places in the capital – Landscape Alley. This place, which has a great historical and cultural value, is known not only for its landscapes, but also for the constant flow of tourists and locals. The only available commercial space is located here, which creates an exceptional opportunity to open and develop a successful business in the heart of Kyiv.

Characteristics of the property

The offer includes three combined apartments on the ground floor of the historic building, as well as additional space on the sixth floor. The total area of the premises allows to accommodate various types of commercial enterprises, such as a restaurant, boutique hotel or other projects focused on the tourist and local market. All premises have recently undergone major repairs with modernization of engineering systems and interior renovation, which allows the new owner to start their business promptly.

Advantages of the investment project

Landscape Alley is a park popular among tourists and locals, known for its historical significance and picturesque views. The daily flow of visitors creates favorable conditions for any commercial project.

The 185-square-meter premises, with the possibility of expanding to 225 square meters, have just undergone a major renovation with the replacement of all communications. The space is ready to be used for a variety of businesses – from a family restaurant to a boutique hotel or sports complex.

Due to its central location and constant flow of tourists, the property has high profitability and a wide range of business opportunities.

The transfer of the premises to non-residential use will be fully supported by the legal team, including the development of a design project and the execution of all necessary works. The price of the property includes the entire range of works, except for the final finishing works. This allows investors to start their business as soon as possible.

This unique commercial offer provides investors with transparent transaction terms and the most comfortable conditions for starting a business in a prestigious area of Kyiv.

Contact information for inquiries: Phone: (050) 340 66 44

Address: 16 Velyka Zhytomyrska St., Kyiv, Ukraine

Watch more in the video at the link: https://www.youtube.com/watch?v=PnI7rJzq5Og

 

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