Business news from Ukraine

ULIE protests against Cabinet’s demands to vacate office on Khreshchatyk, which has been occupied for over 30 years

The Ukrainian League of Industrialists and Entrepreneurs (ULIE) has sent an official letter to the Minister of the Cabinet of Ministers Oleh Nemchinov and the leadership of the Administrative Buildings Department of the Economic and Financial Department of the Cabinet Secretariat, stating that it is impossible to fulfill their demand to vacate the office in downtown Kyiv on Khreshchatyk, which the union has occupied for 32 years, by March 10.

“We consider unacceptable any unilateral restrictive steps taken by representatives of the department that will block the activities of the ULIE and its partners – national associations of industrialists, entrepreneurs and employers, members of the Anti-Crisis Headquarters for Economic Sustainability under martial law, which are directly related to the implementation of the initiatives initiated by the President of Ukraine and the Cabinet of Ministers, in particular, “Made in Ukraine,” the ULIE said on Monday.

The union told Interfax-Ukraine that the Cabinet of Ministers’ Secretariat had decided not to extend the UUIE’s location on Khreshchatyk, even on a lease basis. The ULIE claims that, nevertheless, the first floors of the building are occupied by commercial structures with which lease agreements have been concluded.

Among the arguments for the impossibility of fulfilling the demand of March 4 to vacate the occupied premises at 34 Khreshchatyk Street by March 10, the ULIE cites the March 12 meeting of the Anti-Crisis Headquarters for Economic Sustainability under Martial Law with the participation of, among others, representatives of the Cabinet of Ministers, the Verkhovna Rada and the National Security and Defense Council.

“Also in March of this year, the ULIE is planning a number of international events to attract expert assistance and investment resources from foreign partners to support the economic recovery of Ukraine,” the union adds.

In a letter signed by its chairman, former Prime Minister Anatoliy Kinakh, the ULIE emphasizes that it guarantees reimbursement to the balance sheet holder for the costs of maintaining the premises it uses and the utilities actually provided, as it has already informed government agencies.

It is noted that as of March 11, by order of the Secretariat of the Cabinet of Ministers, an attempt has already been made to prevent USPP employees from getting to their workplaces, and there is no electricity and Internet connection in part of the office.

It is noted that several dozen business associations, including the Ukrainian Chamber of Commerce and Industry, the Federation of Employers, the Federation of Trade Unions, Ukrlegprom, the Union of Chemists, Ukrmashbud, the Construction Chamber, Ukrmetallurgprom, as well as the second president of Ukraine Leonid Kuchma, who once headed the union, and Viktor Yushchenko, who later replaced him as head of the country, have already spoken out in support of the USPP.

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BAE Systems, one of world’s largest defense companies, has opened office in Kyiv

BAE Systems, one of the world’s largest suppliers of technological solutions in the field of defense and a manufacturer of weapons, has opened an office in Kyiv. This was announced by BAE Systems Ukraine CEO Christian Seear at the conference “Global Outlook: A Winning Vision on Wednesday.

He added that the company has set up a joint venture with a local partner, plans to repair military equipment, and later establish its own production base.

“We recently established a legal entity in Ukraine, BAE Systems Ukraine LLC, which is an operating trading company in Ukraine. We have an office in Kyiv. I’m proud to say that we are one of the first companies to do this,” said Christian Sayre.

According to him, BAE Systems is focused on moving its repair capabilities to Ukraine.

“We have a phased process in which we will do repairs on Ukrainian soil, and in the future we will move to local production. We have teamed up with a local partner to achieve this goal,” said the CEO of BAE Systems Ukraine.

He also noted that the company is “committed to creating an industrial base” in Ukraine.

BAE Systems is a global British company with subsidiaries in the United States and Sweden. The weapons supplied by the company are being used to destroy the enemy in Ukraine, including the CV90 infantry fighting vehicle, 155-mm FH77 BW L52 “Archer” multi-purpose self-propelled artillery system, M109 self-propelled howitzer, M2 Bradley infantry fighting vehicle, 55-mm Excalibur long-range precision guided rocket and BONUS precision-guided munitions.

“I’m sure many of our friends in this room have seen the enemy destroyed by these weapons,” said Christian Seear.

Earlier it was reported that the British military company Babcock opened an office in Kyiv.

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CSD LAB Medical Laboratory opened new offices in Cherkasy and Mykolaiv

CSD LAB Medical Laboratory (Kyiv) has opened new laboratory offices in Cherkasy and Mykolaiv.

As the laboratory reports on its website, in particular, a new laboratory office was opened in Cherkasy in cooperation with the Avicenna Medical Center. The list of available services of this CSD LAB laboratory office includes more than 1500 tests, including general clinical, biochemical, immunochemical, microbiological, cytological and pathomorphological tests, as well as comprehensive tests for adults and children.

In addition, CSD LAB has expanded its network in Mykolaiv by opening two partner laboratory offices together with ZDRAVO, a modern medicine clinic in Mykolaiv.

As reported, at the beginning of 2023, the CSD LAB network included 40 laboratory offices. By the end of 2024, CSD LAB plans to increase the number of offices to 100.

CSD LAB is one of the leading laboratories in Ukraine that provides more than 1500 tests: from a complete blood count to the determination of genetic disorders in a tumor using the NGS method. For 13 years, CSD LAB has been one of the largest pathology laboratories in Eastern Europe.

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European Parliament to open office in Kyiv

The European Parliament has agreed to open an office in Kyiv at the request of Ukrainian President Volodymyr Zelenskyy.
According to the European publication Euractiv, this is stated in a document of the European Parliament’s bureau.
The decision, approved on Monday evening, is intended to facilitate relations with the Ukrainian parliament, in particular, to establish its contacts with the “relevant committees” of the European Parliament, as well as to facilitate administrative work.
The Bureau is the body of the European Parliament responsible for making administrative decisions on the internal functioning of the institution.
Reportedly, the European Parliament has a liaison office for each member state, which helps the parliament to establish links with them, for example, by communicating with stakeholders, organizing events and maintaining links with local media.

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More than 40 thousand square meters of office space to be commissioned in Kyiv in 2023

In Kyiv, 42 thousand square meters of office space is expected to be commissioned by the end of the year, according to CBRE Ukraine’s office real estate market research.

According to the study, in the first half of 2023, only one small office building Unit.City B4 (13.2 thousand square meters) was commissioned. The total volume of competitive office space remained almost unchanged at 2.22 million sq m.

It is expected that in the second half of 2023, about 42 thousand sq m will be commissioned in four business centers. At the same time, BC Twelve (14 thousand sq m) and BC Heritage (16.8 thousand sq m) account for 73% of the new supply. CBRE Ukraine does not rule out delays in construction and commissioning.

The study states that the full-scale war has reduced development activity in the office segment; the amount of office space under construction has decreased. In particular, several office projects originally scheduled for completion in 2023 have been suspended until at least 2024. At the same time, no new development projects were recorded in 2022, and it is unlikely that they will appear before the end of 2023. Therefore, it is predicted that over the next two to three years, the volume of office real estate can only grow if suspended development projects are restarted.

CBRE, headquartered in Los Angeles (USA), is the world’s largest commercial real estate consulting and investment company, with revenues of $30.8 billion in 2022. According to Fortune, it is one of the world’s 500 largest companies.

CBRE Group Inc. shares are traded on the New York Stock Exchange.

CBRE’s Ukrainian office was opened in January 2008 and is part of the company’s affiliate network.


“Nova Post” has opened second post office in Lithuania

Nova Posta LLC, the leader of express delivery in Ukraine, has opened the second Nova Post post office in Kaunas, Lithuania, the company’s press service said Monday.
In the department you can send and receive parcels and freight up to 1 thousand kg, as well as documents. The delivery time is five working days.
“This is already the second Nova Post branch in Lithuania. Now, in addition to courier delivery, Ukrainians from Kaunas and nearby cities have an opportunity to easily send things home and quickly receive parcels from Ukraine through the branch,” reads the report.
The first Nova Post branch in Lithuania was opened in Vilnius in March. It is noted that Ukrainians most often send documents, clothes, shoes, cosmetics and books.
Also, in addition to delivery to the offices, you can order addressed delivery to any city in Lithuania or Ukraine, the press service specified.
It was informed earlier that Nova Posta Company has corrected its plans concerning the entering to the new markets of Europe and plans to open departments in Germany after the opening of the first two departments in Prague (Czech Republic).
Founded in 2001 Nova Posta is the leader in the market of express-delivery in Ukraine. Its network consists of more than 6 thousand offices all over the country.
“Nova Posta provides a full range of logistics and related services.
It includes Ukrainian and foreign companies, including Nova Posta, NP Logistik, Post Finance (Forpost system) and Nova Posta Global.

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