Business news from Ukraine

AUSTRIAN COMPANY WILL DEVELOP MASTER PLAN FOR RESTORATION OF UKRAINIAN TROSTYANETS

The Austrian company iC consulenten ZT GmbH will develop a master plan for the restoration of Trostyanets (Sumy region), Mayor Yuriy Bova said.
“We agreed with iC consulenten ZT GmbH to work together on the concept of restoring the future of Trostyanets – a safe, environmentally friendly, comfortable city,” the mayor said on Facebook after a meeting with representatives of the company in Vienna.
According to him, the company will do the work for free. The development will take three to four months.
iC consulenten is an engineering and consulting company that is part of the Austrian iC group. The company is represented in more than 100 countries. Started working in Ukraine in 2013. Among the projects of iC consulenten in Ukraine are the technical supervision of the construction of the Zaporozhye bridge, the implementation of traffic management systems in Lviv, technical support for the project of energy modernization of municipal buildings, etc.

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DENMARK WILL PROVIDE UKRAINE WITH PRACTICAL ASSISTANCE IN RESTORATION

Denmark will soon provide practical reconstruction assistance to Ukraine, Danish Foreign Minister Jeppe Kofod said.
“We will partner and invest in the reconstruction of Ukraine. And I reaffirmed Denmark’s commitment to the restoration of Mykolaiv. We want to move on to more detailed information from Ukrainian partners. But as we speak, we have economic assistance, as well as practical assistance to Ukraine which is already on its way: it will help rebuild your country. Because we must do everything possible to show that such destruction should not happen and that we will overcome it as soon as possible,” Kofod said at a press conference with the Foreign Minister Affairs of Ukraine Dmitry Kuleba in Kyiv on Monday.

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PM OF UKRAINE INVITES INTERNATIONAL FINANCE CORPORATION (IFC) TO JOIN RESTORATION OF UKRAINIAN CITIES

Prime Minister of Ukraine Denys Shmygal invited the International Finance Corporation (IFC) from the World Bank Group to join the reconstruction of Ukrainian cities.
“The head of the Ukrainian government spoke about the scale of destruction as a result of Russia’s criminal actions and expressed hope for the support of the International Finance Corporation in the issue of restoring the housing stock and social infrastructure,” the press service of the government said after a meeting between Shmyhal and the managing director and executive vice IFC President Makhtar Diop.
According to him, Ukraine plans to carry out the restoration on the principles of a green economy.
The prime minister also noted that he was counting on IFC assistance in financing the restoration of the transport infrastructure of Ukrainian cities, especially those most affected by the actions of the occupiers.
“We are interested in creating a financial platform for the IFC, which will finance more Ukrainian cities. Today, attracting foreign investment in the restoration of critical and social infrastructure is one of the most important issues on the agenda of Ukraine,” the head of government added.
In addition, Shmyhal focused on the need to extend public-private partnership projects after Ukraine’s victory. In particular, this concerns the implementation of concession projects at airports, railway stations, seaports, as well as public-private partnership projects in the road industry.
“The resilience of the people of Ukraine is outstanding. Consider IFC as a strong and strategic partner that will play its part in supporting the private sector,” Diop tweeted after the meeting.

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THE EU BEGINS NEGOTIATIONS ON UKRAINE’S ACCESSION TO A PROGRAM THAT WILL ALLOW THE RESTORATION OF THE ECOSYSTEM AFTER THE WAR

The European Commission begins negotiations on Ukraine’s accession to the Life for Climate and Environment Program, which will allow receiving EU support in restoring the ecosystem after the war waged against it by Russia.
“Today, the European Commission begins negotiations with Ukraine to offer the country the opportunity to join the Life for Climate and Environment Program,” European Commission spokesman Adalbert Janz said at a briefing on Thursday.
According to him, by joining the Life Program, Ukraine will benefit from European support in rebuilding its environment after the destruction caused by the Russian attack. In particular, we are talking about heavy pollution and damage caused to the ecosystem. “This will be useful in order to secure the long-term well-being of the country and its sustainability,” he stressed.

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PRESIDENT OF UKRAINE INVITES SWEDEN TO TAKE PART IN FUTURE RESTORATION OF UKRAINE

President of Ukraine Volodymyr Zelensky has invited Sweden to take part in the post-war reconstruction of Ukraine.
“I am sure that together we will be able to ensure peace, and therefore we need to think about the restoration of Ukraine after this war right now. And it will happen. I invite Swedish architects, Swedish companies, the Swedish state, your people to take part in this historical project. Ukraine was beautiful, and now it will become great, because such is our people,” Zelensky said, speaking to the Swedish Parliament on Thursday.
“I invite you to demonstrate to the world, to all modern and future generations, that war does not give results, but peace does. And life,” he said.
According to him, Sweden became the first state to which Ukraine offered a “big restoration project.”
“You can take patronage over any city of Ukraine, region or industry for their restoration. I am sure that your leadership will be indispensable. Your technologies, business and love of life, the ability to organize space are in the interests of people,” the president said.

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RESTORATION OF KYIV ST. NICHOLAS CHURCH AFTER FIRE NEEDS UAH 75 MLN

Restoration of the Catholic Church of St. Nicholas in Kyiv after the fire will cost at least UAH 75 million, according to preliminary estimates, Minister of Culture and Information Policy of Ukraine Oleksandr Tkachenko said.
“According to preliminary estimates, the restoration will require UAH 75 million. The state will allocate the rest of the necessary funds to the amount raised by the business. That is, it is a unique case of public-private partnership,” Tkachenko wrote on his Telegram channel.
According to him, the funds transferred by business representatives will go to emergency work. They are expected to begin in mid-October.
As reported, on Friday evening, mayor of the Ukrainian capital Vitali Klitschko wrote in the Telegram channel that the church of St. Nicholas caught fire in the center of Kyiv. The fire broke out between the first and second floors and quickly spread to the roof of the building. Rescuers said that the area of ​​the fire was 80 square meters, the fire damaged the body. According to the Ministry of Culture and Information Policy, the building was not badly damaged. Late in the evening the fire was extinguished, none of the people were injured. Later, the Minister of Culture and Information Policy of Ukraine Oleksandr Tkachenko said that the fire destroyed a unique organ, which was located in the building.

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