Business news from Ukraine

INDIA CALLS ON INDIAN CITIZENS TO LEAVE UKRAINE

The Indian embassy in Kyiv continues to function as usual, but calls on Indian citizens in Ukraine to consider temporarily leaving the country. “In view of the uncertainties of the current situation in Ukraine, Indian nationals in Ukraine, particularly students whose stay is not essential, may consider leaving temporarily. Indian nationals are also advised to avoid all non-essential travel to and within Ukraine,” the embassy said in a statement published on its website.
The embassy also asked Indian citizens to inform it of the status of their presence in Ukraine to enable the embassy to reach them where required.
“The embassy continues to function normally to provide all services to Indian nationals in Ukraine,” it said.

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AMERICAN CHAMBER OF COMMERCE IN UKRAINE CONTINUES TO OPERATE IN UKRAINIAN CAPITAL

The American Chamber of Commerce in Ukraine continues to operate in Kyiv, member companies of the business association also continue to do business and have business continuity plans in place already for several years, President of the American Chamber of Commerce in Ukraine Andy Hunder has said.
“The American Chamber of Commerce team continues to operate in Kyiv. We are constantly in touch with our members, Ukraine’s government, and the US Embassy. This continuous dialogue and communication have been a strategic pillar of the American Chamber of Commerce for the past 30 years in Ukraine,” Hunder said in a commentary to Interfax-Ukraine.
He said that American Chamber of Commerce member companies have had business continuity plans in place already for several years, which are being regularly reviewed and updated.
“American Chamber of Commerce member companies continue to operate in Ukraine, contributing to the country’s economy, having already invested over $50 billion in the country, employing people, and contributing to the state budget,” the president of the business association said.

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KYIV CITY CLINICAL ONCOLOGY CENTER MAKES APTEKA PROJECT

The Kyiv City Clinical Oncology Center plans to launch the Apteka project for automated dilution of drugs for chemotherapy in 2022, acting director of the center Oleksandr Kliusov has said.
“This is a project of the Department of Health of Kyiv City State Administration. The essence of the project is to automate the process of dilution of drugs for chemotherapy. I hope that the project will start working within the next few months,” he said in an interview with Interfax-Ukraine.
Kliusov said that equipment has already been delivered to the clinic for the implementation of the project: three robotic cytoboxes, in which the robot dispenses ready-made forms of chemotherapy drugs.
Investments in the project amounted to about UAH 50 million.

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KYIV MAKES INFRASTRUCTURE FOR IOT

Kyiv City State Administration has implemented a project to build a city backbone network and infrastructure for the implementation of the Internet of Things (IoT) technology.
According to Kyiv City State Administration, with reference to the chief digital transformationofficer of Kyiv (CDTO) Petro Olenych, this will allow monitoring the state of the environment, controlling the microclimate in schools or hospitals and improving the efficiency of public services.
“A smart city is impossible without the introduction of the Internet of Things technologies: traditional infrastructure, a network of connected sensors and a control system. Already, Kyiv is covered with a network for collecting and analyzing data – 295 base stations operate in all districts of the city for this. The next step is to install sensors on locations and information analysis,” he said.
Thanks to the LoRaWAN wireless communication technology, sensors can be used to obtain data with maximum energy efficiency, Oleh Polovinko, the director of the department of information and communication technologies of Kyiv City State Administration, explained.
It is planned that the sensors will be installed on gas pipelines, water pipes, electrical panels, etc.
One of the examples of the implementation of IoT in the city is “smart waste bins”.
“Sensors on the tanks will inform about the possible ignition of a fire in the container, display and predict the fullness using an ultrasonic signal. When the tank is full, the utilities will be notified about the need for garbage collection.
“What are the direct effects of these decisions on this example? Processes are becoming more economical: we do not drive a garbage truck around the city, but we can optimally build a route, saving both fuel and driver time,” he emphasized.
As reported, the mobile operator lifecell, together with the Internet of Things network operator using the LoRaWAN technology, the IoT Ukraine company and the integrator company Smart Eco Logic, launched a project of water supply account for Lutskvodokanal.

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INVESTMENTS IN KYIV REAL ESTATE RAISE UP TO $33 MLN

The volume of investments in real estate in Kyiv amounted to the equivalent of $33 million in January 2022, which is 35% less than in December 2021, but 25% higher than in January 2021, First Realty Group told Interfax-Ukraine.
“The level of capitalization was affected by the long New Year holidays. At the same time, we are seeing a trend of changing the portrait of the buyer – today the greatest demand is for objects in the medium and high price segments,” Olena Biberova, the CEO of Blagovist, said.
According to Blagovist, in January 2022, the segment up to $50,000 took a share of 9% of the total number of transactions. In this category, mainly one- and two-room apartments were purchased, most of all in Dniprovsky and Desniansky districts of the capital. Transactions with apartments accounted for the bulk of the share.
In the segment from $50,000 to $100,000, some 37% of operations in January were completed, mostly apartments in residential areas of Kyiv.
The price category from $100,000 to $250,000d became the most massive in January, it gave 41% of transactions. Here two- and three-room apartments in Solomiansky, Darnytsky, Pechersky districts of Kyiv prevail.
The price category from $250,000 in January was represented by 13% of the total volume of transactions.
Blagovist real estate agency, founded in 1993, is part of First Realty Group corporation. Currently, there are eight offices of the agency in Kyiv, with which about 500 professional real estate consultants cooperate.

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UKRAINE DISCUSS COOPERATION BETWEEN KYIV AND WARSAW WITH POLISH DELEGATION

On Monday, January 31, the President’s Office will host a meeting of the delegations of Ukraine and the Republic of Poland with the participation of representatives of a number of ministries and departments of the two countries, the press service of the President of Ukraine reports.
“The Polish delegation arrived in our state in fulfillment of the agreements reached during the visit of President of Ukraine Volodymyr Zelensky to the Republic of Poland on January 20-21, 2022,” the message says.
The Ukrainian delegation at the talks will be headed by Head of the President’s Office Andriy Yermak, the delegation of Poland – by Secretary of State of the Office of the President of the Republic of Poland, head of the Bureau for International Policy Jakub Kumoch.
In addition, the negotiations, in particular, will be attended by Minister of Infrastructure of Ukraine Oleksandr Kubrakov and Minister of Infrastructure of Poland Andrzej Adamczyk.
“During the meeting, topical issues of bilateral cooperation in the economy, energy and infrastructure will be discussed,” the President’s Office said.

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