Business news from Ukraine

Business news from Ukraine

PRICES FOR PUBLIC TRANSPORT TO INCREASE IN KYIV

Prices for public transport will be raised in Kyiv, First Deputy Head of the Kyiv City State Administration Mykola Povoroznyk said.
“This is an unpopular step that we have to take in order to maintain the stable operation of municipal carriers. Today, in the face of rising energy tariffs, leaving the fare at the current level means driving carriers into debt holes, and subsequently paralyzing the work of transport companies. Therefore, we are forced to begin the procedure for increasing the tariff. Now we are awaiting proposals from utilities regarding the economic feasibility of the tariff. After that, a reasonable fare will be formed, and we will submit a proposal for public discussion,” Povoroznyk said, according to the statement of the press service of the Kyiv City State Administration.
He also said that in the summer the cost of travel increased in many cities of Ukraine: in Lviv, Poltava, Mykolaiv, Zaporizhia and others, while Kyiv authorities postponed the moment of increasing tariffs.
“Today, when the city has taken measures not to increase the tariff for heating agents for the population, but to compensate for the difference at the expense of the local budget, it is simply impossible to increase funding for the already subsidized public transport. Such a step could lead to underfunding of city programs, which are critically important for many people in Kyiv,” Povoroznyk said.
He separately noted that at the same time, all available travel benefits for Kyiv residents will remain.

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PRIVATE HOUSES IN SUBURBS OF KYIV, KHARKIV, ODESA, DNIPRO AND LVIV FROM JULY TO SEPT INCREASE IN PRICE

Private houses in the suburbs of Kyiv, Kharkiv, Odesa, Dnipro and Lviv from July to September 2021 have risen in price by an average of 3-5%, President of the Association of Real Estate Specialists (Realtors) of Ukraine Yuriy Pita has told Interfax-Ukraine. “Over the past three months, a slowdown in the growth rate of their cost has been observed in the market for private estates. At the moment, the demand for private houses has been met by almost 90%,” Pita said. According to him, houses with an area of up to 150 square meters, located in the near suburbs (up to 20 km) of million-plus cities, were actively getting more expensive. The cost of other properties in the third quarter increased insignificantly, within 2.5-3%.
According to the association, a gradual decrease in the demand has been observed since the second half of this year: from July to September, the number of potential buyers decreased by 10%.
“Gradually, the supply begins to prevail over the existing demand, this is a significant factor for pricing in the segment of private houses,” the specialist said.
According to him, by the end of the year the price situation in the segment of private estates will remain stable with insignificant price fluctuations within 1.5% for small houses.
“According to the forecasts of the association, the cost of private houses is the ceiling for the existing demand. And further price increases will not be economically justified. Price stability may last until April 2022,” he said.
According to Pita, prices of land plots for private development in the third quarter increased by an average of 5%. At the same time, more than 60% of the demand is concentrated on plots with an area of 8-15 acres with supplied communications in picturesque locations at a distance of up to 20 km from the city limits. The demand for plots for construction of cottage townships remains stable, but here the choice of options is not very large, the expert notes.
He believes that price stability in the segment of land plots can hold out at least until April 2022, the start of a new active season.

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KADORR INTENDS TO ACQUIRE FIRST KYIV MACHINE-BUILDING PLANT

Kadorr Group (Odesa) intends to acquire a 100% stake in First Kyiv Machine-Building Plant JSC (formerly the Bilshovyk plant).
According to the company’s report in the information disclosure system of the National Securities and Stock Market Commission dated October 8, Kadorr Invest LLC intends to acquire 44.58 ordinary registered shares constituting 100% of the charter capital of the plant.
The company and its affiliates do not own the shares of the plant at the time of notification.
According to the Unified public Register of Legal Entities and sole proprietors, Adnan Kivan (50%) and Olha Pavlova (50%) are the founders and ultimate beneficiaries of Kadorr Invest LLC with a charter capital of UAH 1 million.
According to the data on the official website, the portfolio of Kadorr Group has more than 2 million square meters of residential real estate put into operation, including more than 50 residential complexes, 90 cottages. The assets of the group also include 7 business centers, 5 shopping malls and commercial space with a total value of more than $800 million. The owner of the group, Adnan Kivan, is in the top five rentiers of Ukraine with the highest income from real estate lease according to Forbes Ukraine with an indicator of $45 million at the end of 2020.

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MEDIEVAL FIGHTS WILL TAKE PLACE NEAR KYIV

On October, 9 and 10 in Ancient Kyiv in the Principality of Kyivan Rus («Kyivan Rus Park») the most spectacular event of autumn – the «Call of heroes» medieval combat festival – will take place. Courageous knights in heavy armor, real combat swords and axes, flags and shields with coats of arms and, most important, – courage, bravery and romance of the Middle Ages are waiting for you!
On October, 9 and 10 around two hundred of best sportsmen-fighters will come to Ancient Kyiv from all over Ukraine in order to compete and choose the strongest in real full contact fights.
In recent years medieval combat has been gaining immense popularity all over the world and especially in Ukraine. It unites incredible sight, sporting excitement, historical authenticity and medieval romance.
We remind you that the fighters of the Ukrainian national team of medieval combat are repeated world champions. The co-organizer of the competition is the All-Ukrainian federation of medieval combat.
The competitions will be held according to the rules of medieval combat, in the format of «shield-sword», «buckler-sword» and «one and a half hand sword» single fights, «5х5» and «12х12» group fights, there will also be «3х3» female fights. For the first time within the «Call of heroes» festival the duel fencing tournament « Rapier. Solo» and «Long sword» will take place.
The sportsmen will put on heavy metal armor and will demonstrate their courage in battles using real medieval weapon made according to historical samples. These are not staged fights, here everything is for real!
In between the fights the guests will be awaited by an entertaining program on historical theme, horse-trick performances, ancient Slavic amusements, round dances, flash mobs, master-classes, contes and drawing of gifts. The evening show program with fire special effects and shooting fire balls from the medieval missile weapon – trebuchet – will be the program culmination.
And the most important is that the competitions will pass in a unique place – the real live medieval city – Ancient Kyiv of the Х century. The guests will see with their own eyes what Kyiv was like a thousand years ago and how the life of our ancestors during the Middle Ages was.
The program will pass in compliance with the quarantine regime.
Ancient Kyiv opens at 10:00. The program starts around 13:30.
 The program may change.
The ticket price: a full adult ticket – 250 UAH, for pensioners and students – 150 UAH, for schoolchildren – 100 UAH, for preschool children – for free.
Ancient Kyiv in the «Kyivan Rus Park» is located in Kyiv region, Obukhiv district, the vill. Kopachiv.
Details on the website www.parkkyivrus.com
The Interfax subscribers can save money with the “openbusiness-20” promo code for a 20%-discount for a full price adult ticket to the Principality of Kyivan Rus:
– by previous order by tel.: +38 044 461-99-37, +38 050 385-20-35
– or at the cash desk at the entrance to the «Kyivan Rus Park».

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OVER 1,200 PATIENTS WITH CORONAVIRUS NOW IN KYIV HOSPITALS

More than 1,200 patients with coronavirus are being treated in the capital’s medical institutions, the vast majority of them are in serious condition, Kyiv Mayor Vitali Klitschko said.
“Today in the city’s hospitals there are more than 1,200 patients with coronavirus. These people are in serious condition. The vast majority of them need oxygen support. Almost 100% of those hospitalized are unvaccinated. And this is one of the main arguments why you need to be vaccinated. Therefore, if you do not care about your health, think about your parents, relatives, friends. Their safety is your responsibility too. I really do not want to go back to the period when more than 50 people died from the virus in a day. And now the virus is more aggressive. The disease is more difficult and causes complications,” the mayor said on the air of the Freedom of Speech (Svoboda Slova) program on Ukraina TV Channel.
According to Klitschko, more than 1.7 million vaccinations were made in Kyiv today, more than 880,000 vaccinations with the first dose and more than 890,000 – with two doses. In particular, almost 90% of teachers are vaccinated. Nevertheless, the percentage of people vaccinated remains high.
“We cannot make vaccination compulsory. But if strict restrictions are imposed, if, for example, you want to go to a catering establishment or to some public events, you will not do this without vaccination. Sorry, but this is a concern, first of all, about the most valuable thing – people’s health and lives,” Klitschko said.

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AN ANCIENT “ALIVE” COLLECTION WILL BE SHOWN NEAR KYIV

On Sentember, 18 and 19 the «Kyivan Rus Park» invites to dive into the exciting world of the epoch of Kievan Rus, and take part in medieval adventures and ancient Slavic funs.
35 km far from Kiev, guests can relax in an ecologically clean place and get a huge positive charge from the architecture of Ancient Kiev, horse shows, ancient Slavic amusements, horseback riding, extreme attractions, museums and exhibitions… And all these in a real medieval town!
Ancient Kyiv opens at 10:00. The program starts at 13:30.
The ticket price: a full adult ticket – 200 UAH, for pensioners and students – 150 UAH, for schoolchildren – 80 UAH, for preschool children – free.
Ancient Kyiv in the «Kyivan Rus Park» is located in Kyiv region, Obukhiv district, the vill. Kopachiv.
Details on the website www.parkkyivrus.com
The Interfax subscribers can save money with the “openbusiness-20” promo code for a 20%-discount for a full price adult ticket to the Principality of Kyivan Rus:
– by previous order by tel.: +38 044 461-99-37, +38 050 385-20-35
– or at the cash desk at the entrance to the «Kyivan Rus Park».

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