Business news from Ukraine

Business news from Ukraine

ARAKS GROUP WILL OPEN 15,000 SQUARE METERS FURNITURE TRADE CENTER NEAR KYIV

Araks Group of Companies (Kyiv) in the end of September will open a new furniture trade center with a total square of 15,000 square meters in the village of Khodosivka of Kyiv region, a group’s press service reported. “A decision to open a new trade center and to develop Araks furniture network is carefully worded. We engross our business and we’re glad to cooperate with the new brands, which will be displayed at the new furniture center,” Araks group quotes one of its shareholders Harush Antonian as saying on Monday.
According to a press release, the new three-storey shopping center, 25 kilometers away from Kyiv, will consist of the shops with household goods: furniture, kitchen, lighting, floor coating, textile, decoration and others. Armenian classicism combined with modernistic forms is at the bottom of the architecture, the company said.
The first Araks furniture trade center with a square of 27,000 square meters at 110 Kiltseva Street opened in 2009.
In public cadastral map, Kyiv-based Business-Techno Plaza LLC is owner of the land plot with a square of three hectares on which the center was built.

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NEW AMBASSADOR OF FRANCE TO UKRAINE ETIENNE DE PONCINS ARRIVES IN KYIV

The new Ambassador of France to Ukraine, Etienne de Poncins, has arrived in Kyiv. “I’ve safely arrived in Kyiv. My mission as the head of the French Embassy in Ukraine may begin,” the diplomat wrote on Twitter.
Etienne de Poncins was appointed Ambassador of France to Ukraine on July 24. Prior to that, he worked as an inspector of the French Foreign Ministry, and in the European External Action Service, and was also the French ambassador to Kenya and Bulgaria.
The previous Ambassador of France to Ukraine, Isabelle Dumont, completed her work in Ukraine on July 27.

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SWEDISH OWNER OF H&M TO OPEN STORE AT RIVER MALL IN KYIV

The Swedish owner of the clothing chain Hennes & Mauritz AB (H&M) will open a third store in Ukraine at River Mall shopping and leisure center at 12 Dniprovska Naberezhna Street on September 12.
As a press service of River Mall’s broker Colliers International (Ukraine) reported, the two-storey store with an area of 2,900 square meters will be designed in a new interior concept.
According to the broker, H&M Sport men’s collection will be on display in the new store for the first time in Ukraine.

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NORSK SOLAR FROM NORWAY SIGNS CONTRACT WITH UKRAINIAN CONTRACTOR FOR BUILDING SOLAR POWER PLANT NEAR KYIV

Norway’s Norsk Solar has signed an agreement with the Voltage Group Ukrainian Company for designing and building of a 9 MW solar power plant near the town of Brovary in Kyiv region, the Nordic Environment Finance Corporation (NEFCO) reported on its website. According to the NEFCO, Voltage Group developed design documentation for construction of the solar plant on a total land area of 12.6 hectares.
The plant, which is located in the village of Semypolky, is to be commissioned at the end of 2019.
As reported, the NEFCO will lend EUR 4.35 million to Norway’s Norsk Solar for the construction of the plant, while Norsk Solar will issue another EUR 4.35 million.
The project owner and majority equity contributor, Norsk Solar AS, is part of the Norsk Vind group.
Norsk Solar is owned by Norwegian Lars Helge Helvig.
Ukrainian SPP will be the second such kind of a project for the company.

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MASS COSSACK FIGHTS TO TAKE PLACE NEAR KYIV

On August,17 and 18 in the «Kyivan Rus Park» the ХХІІІ International Festival of National Military and Traditional Cultures «The Cossack Spas» of the name of Anatoliy Ermak will take place. The colorful Cossacks from all over Ukraine and the real fighting spirit of the Cossack family, the impressive presentation of the national martial arts, horse shows, tasty dishes prepared on fire, master-classes and the traditional crafts fair, competitions with the participation of the best sportsmen from the Ukrainian and foreign federations of national and traditional sports will be waiting for the guests.
Ancient Kyiv opens at 10:00. The program starts at 14:00.
The ticket price: a full adult ticket – 250 UAH, for pensioners and students – 150 UAH, for schoolchildren – 60 UAH, for preschool children – for free.
Ancient Kyiv in the «Kyivan Rus Park» is located in Kyiv region, Obukhiv district, the vill. Kopachiv.
Route taxis leave from Kyiv from the «Vydybitchi» metro station.
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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DYNAMO FC (KYIV) FIRES COACHING TEAM AFTER YESTERDAY’S DRAW WITH BRUGGE

The Dynamo FC (Kyiv) has terminated cooperation with head coach Alyaksandr Khatskevich. “Together with him, the entire coaching team of the first team was dismissed. FC Dynamo (Kyiv) thanks Alyaksandr Khatskevich and his assistants for the work carried out for more than two years and wishes success in future activities,” the club said on its official website.
Who will work with the team further will be announced later. “On August 13, Dynamo FC failed to qualify for the Champions League group stage for the third year in a row.
The Belarusian mentor and ex-player of Dynamo Khatskevich headed the Kyiv club in June 2017. In 2018 and 2019, Dynamo FC, under the leadership of Khatskevich, won the Ukrainian Super Cup.
On June 6, Dynamo FC signed a new two-year contract with Khatskevich.
Dynamo FC President Ihor Surkis then said that in the new season, Dynamo faces the challenge of getting into the Champions League, fighting for the championship and the Ukrainian Cup.

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