Business news from Ukraine

Business news from Ukraine

Safety criteria have become most important factor for buyers of new-build homes, according to expert

When choosing their future home, buyers prefer new-build properties in areas with well-developed infrastructure for shelter, modern fire safety systems, and autonomous energy sources, according to Irina Mikhaleva, CMO Alliance Novobud.

“Over the past three years, the criteria for choosing a home have changed. Buyers have become more practical, demanding in terms of quality, and adapted to the realities of war. They prefer homes in safe regions or areas with developed infrastructure for shelter, modern fire safety systems, and autonomous power sources,” Mikhaleva said.

Alliance Novobud is responding to changes in housing selection criteria by including spaces in its projects for temporary shelters with automatic door opening/closing and video surveillance.

“In our projects in the capital, we offer spacious and secure underground parking lots, provide access to autonomous energy sources for building utilities, and offer well-thought-out apartment layouts that meet the diverse needs of buyers,” said Mikhaleva.

Overall, she said, demand for housing in the capital has changed significantly since 2022. Whereas previously buyers were looking for interesting new projects in the comfort and comfort+ classes, with a wide choice of concepts and areas, they are now focused on affordable options that are nearing completion. The focus is on apartments that are covered by the “єОселя” program or are available on installment plans from the developer.

In contrast, the suburban market remains active: developers are launching new high-quality projects with a wide selection of housing with different concepts and amenities at affordable prices.

According to Mikhalova, several factors are influencing the outflow of buyers from the capital’s market to the suburbs. The main factor is the shortage of finished or nearly finished housing in the currently popular comfort class in the capital, which will only get worse. There are almost no new projects, nor are there any land plots in promising areas of the city. Buyers are also more interested in the more affordable cost of housing in the suburbs and the opportunity to take advantage of the “єОселя” program.

At the same time, suburban projects offer more high-quality options close to green areas, with transport and amenities. There is greater demand for such projects from IDPs from the eastern and southern regions, who prefer quiet, green suburbs.

“In the next year or two, demand in the suburbs will grow steadily, and buyers will be interested in affordable and relatively inexpensive housing formats,” Mikhaleva believes.

Among the trends, the expert also highlighted a rational approach, with buyers opting for smaller square footage. As a result, demand for one- and two-bedroom apartments, which are more affordable and easier to maintain, has increased. At the same time, living spaces that can be used for both residential and remote work remain relevant.

At the same time, she emphasized that the trend of rising prices per square meter will continue due to the growth of prices for the components of the cost of new buildings.

“If the macroeconomic situation remains more or less stable, prices are likely to rise by 5-10% due to inflation and the gradual recovery of the construction industry. Demand from migrants and a shortage of new housing will also drive up prices. In the event of external/internal shocks or instability in the financial markets, current prices may remain unchanged,” she said.

According to the LUN new construction portal, Alliance Novobud was founded in 2006. Since 2010, the company has commissioned 37 buildings and parking lots, and is currently developing nine buildings in the Krona Park II residential complex in Brovary and a premium-class project in the capital, Montreal House.

 

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Atlantic Council and Experts Club experts discussed Donald Trump’s future policy

Today, Donald Trump will officially begin his term as the 47th President of the United States of America. His possible actions and strategies in the international arena were the main topic of discussion at a meeting of experts organized by the Atlantic Council and Experts Club. Brian Mefford, Senior Fellow at the Atlantic Council’s Eurasia Center, and Maksym Urakin, founder of the Experts Club, discussed key issues that will affect the geopolitical situation in the world, including Ukraine.

Brian Mefford noted that Trump’s first months in office will be focused on resolving domestic issues, such as the confirmation of his cabinet members in the Senate. However, the expert emphasized that Ukraine will remain an important issue in US foreign policy.

“Ukraine already has a special envoy, General Kellogg. Although his visit to Kyiv was postponed, it shows that Ukraine remains a priority. Its security is crucial for stability in the region,” Mr. Mefford said.

One of the key topics of discussion was Ukraine’s membership in NATO, which was first promised at the Bucharest Summit in 2008. According to Brian Mefford, this decision could have prevented many of the current problems.

“It was a serious mistake at the time. Russia used this uncertainty: first in Georgia and then in Ukraine. Now, because of the war on its own territory, the NATO issue for Ukraine is being postponed indefinitely. At the same time, there is a need for long-term security guarantees. Ukraine needs modern weapons, so the United States and European partners must remain reliable allies of Ukraine,” he explained.

At the same time, according to the expert, the issue of NATO funding became one of the most discussed during Trump’s first presidency, when he called on European countries to increase their defense spending.

“The United States spends more on defense than the next nine countries combined. Trump was right to insist that European countries spend at least 2% of GDP on defense. And now these requirements are being met. Increasing defense spending in Europe is in everyone’s interest. The alliance remains a powerful tool for ensuring stability,” Mr. Mefford emphasized.

According to him, the US withdrawal from NATO is currently an unlikely scenario.

Mefford suggested that the Trump administration will continue its tough economic policy towards China, including trade wars.

“China does not follow fair rules in international trade. Support for Taiwan will remain unchanged, as the United States has strategic interests in the region. Although China often demonstrates strength, its economy is on the verge of recession and its military power is exaggerated,” he explained.

The expert also touched upon the issue of sanctions against Russia, which remain an effective tool of international pressure.

“Trump imposed more sanctions against Russia during his previous term than Obama did. Their mitigation is possible only if the war ends. This is a long-term mechanism that cannot be ignored,” emphasized Mefford.

Maksym Urakin, founder of the Experts Club think tank, in turn, emphasized the importance of Donald Trump’s election for Ukraine and the world and reminded of other important elections for Ukraine and the region in 2025:

“For Ukraine, partnership with the United States is crucial. However, we need to be prepared for different scenarios and strengthen our economic resilience and diversify our foreign policy, given the very important elections this year in Germany, Poland, Romania, Moldova, and Canada. The world is becoming very dynamic in the future,” said Maxim Urakin.

The experts’ analysis showed that Trump’s policy toward Ukraine will be shaped by both internal and external factors. At the same time, Ukraine’s role in global security will only grow, and international support will remain critical for security on the European continent.

The full version of the video is available here:

You can subscribe to the Experts Club YouTube channel here:

https://www.youtube.com/@ExpertsClub

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Portugal and Ukraine preparing security agreement

Deputy Head of the Presidential Office Ihor Zhovkva had a conversation with Diplomatic Advisor to the Prime Minister of the Republic of Portugal, Georges Monteiro, via video link, the press service of the President of Ukraine reported on Tuesday.
Ihor Zhovkva thanked Jorge Monteiro for Portugal’s continued support of our country’s fight against Russian aggression.
“We appreciate Portugal’s practical participation in the tank, aviation and maritime coalitions. It is important that the volume and pace of military support continue to increase,” Ihor Zhovkva emphasized.
In the course of the conversation, the Deputy Head of the Presidential Office informed Georges Monteiro on the situation at the frontline and urgent military needs of Ukraine.
The interlocutors agreed to start negotiations on the conclusion of a bilateral security agreement in pursuance of the joint declaration of the Group of Seven on the support of Ukraine in the nearest future.
Particular attention was paid to Portugal’s support for the Ukrainian peace formula, as well as Ukraine’s European and Euro-Atlantic aspirations. George Monteiro noted Ukraine’s progress in implementing reforms necessary for its future membership in the EU and NATO.
As reported earlier, President of Ukraine Volodymyr Zelenskyy and Prime Minister of Portugal Luis Montenegro instructed to start working on the preparation of a security agreement.

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Kyiv to spend over UAH 1.1 bln on security and defense in 2023

Kyiv will increase funding for security and defense forces in 2023 compared to last year from almost UAH 850 million to over UAH 1.1 billion, Kyiv Mayor Vitali Klitschko has announced.

“This year, Kyiv will allocate more than UAH 1.1 billion to finance the security and defense forces of the capital. This is to help the Armed Forces, border guards, and police. Almost 350 million hryvnias have already been allocated from these funds,” he wrote on his Telegram channel on Thursday.

Klitschko reminded that “last year, Kyiv allocated almost UAH 850 million from the city budget to support the security and defense forces.”

“This money is spent, in particular, on military uniforms, bulletproof vests and helmets. It is also used to purchase drones, radio stations, repair military equipment, and transport. We also send aid to the front line that we raise ourselves – from international partners. We have sent vehicles, drones, Starlink systems, generators, and first aid kits. And we continue to do so,” Klitschko wrote.

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It takes up to two weeks to reopen airports, but this can only be done with guaranteed security – Kubrakov

Technically, it will take up to two weeks for airports to reopen in Ukraine, but in practice this can be done only with guaranteed security, Infrastructure Minister Oleksandr Kubrakov said.
“We consider Lviv airport as the first airport. I hope that, as it was with the Black Sea Grain Initiative, when we receive guaranteed security, guarantees, first of all, from international partners, from the UN, we will start, I hope,” he said on 17th annual meeting of the Yalta European Strategy (YES) held by the Victor Pinchuk Foundation at the end of this week in Kyiv.
Answering questions, Kubrakov stressed that the main obstacle to the resumption of flights of civil ships is safety, not technical issues.
As reported, the Ukrainian sky has been closed for flights of civil aircraft since the first day of the full-scale military aggression of the Russian Federation – from February 24 of this year.
At the end of July, the Transcarpathian Regional Council decided to allocate 26 million UAH to the Uzhgorod airport, and the head of the regional council Volodymyr Chubirko expressed confidence that it would be possible to launch it “in a month or two.” According to him, the advantage of the Uzhgorod airport is that the threshold of the runway is located a few hundred meters from the Ukrainian-Slovak border and Slovak airspace is used for instrument landings at this airfield.
However, a few days later, the Head of the Transcarpathian Regional State Administration, Viktor Mikita, refuted the statements of the Transcarpathian Regional Council regarding plans for the early resumption of the work of the Uzhgorod airport. “… Now statements about the resumption of the airport’s work are nothing more than wishes and intentions,” Mikita stressed.

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CHAIRMAN OF UKRAINIAN PARLIAMENT: I HOPE AUSTRIA TO REALIZE UKRAINE’S STRATEGIC ROLE AS GUARANTOR OF SECURITY FOR EUROPE

Verkhovna Rada Chairman Ruslan Stefanchuk said he hoped Austria would realize the strategic role of Ukraine as a guarantor of security for Europe.
“I hope Austria will realize the strategic role of Ukraine as a guarantor of security for Europe as well as economic potential of our country and support Ukraine’s EU aspirations,” he said during a meeting with President of the National Council of Austria Wolfgang Sobotka in Vienna on Tuesday.
According to a statement posted on the website of the Ukrainian parliament, the officials discussed support for Ukraine on its way towards obtaining the status of EU candidate, Austria’s participation in the revival of Ukraine, and punishment for the aggressor country Russia for waging the war against Ukraine.
Stefanchuk stressed the importance of a regular inter-parliamentary dialogue and the recognition by the Austrian parliament of the 1932-1933 Holodomor famine in Ukraine genocide against the Ukrainian people.
He also invited his Austrian counterpart to visit Ukraine.

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