Business news from Ukraine

Kovalska Group plans to buy one of buildings in Kyiv’s Unit.City

The Antimonopoly Committee of Ukraine (AMCU) has authorized Cliff Capital Growth Fund Vcic Ltd (Cyprus), a company associated with Kovalska ICG, to acquire a stake in Unit B04 LLC.

According to the committee’s decision of February 8, the Cypriot company received permission to acquire a stake that ensures exceeding 50% of the votes in Unit B04’s supreme management body.

Kovalska Group CEO Serhiy Pylypenko told Interfax-Ukraine that Kovalska Real Estate was the developer of B04.

“Now, by increasing our share in the property through a shareholder company, we intend to become the sole owner of this ultra-modern facility,” Pylypenko said.

According to Opendatabot, Cliff Capital Growth Fund Vcic Ltd currently owns 50% of the B04 building of the Unit.City innovation park. Another 50% is owned by Unit Holdings LLC, the ultimate beneficiary of which is businessman Vasyl Khmelnytsky.

As reported, the AMCU approved the acquisition of Kovalska’s stake in buildings B04 and B06 from Unit.City in 2021. The group planned to invest $70 million in the construction of five business centers in Unit.City – B01, B02, B03, B04, B06.

The Cliff Capital Growth investment fund is managed by Guardo Assets Management, which also manages the Aksioma, A Realty, AC Real, and Vingis funds.

Kovalska Industrial and Construction Group has been operating in the Ukrainian construction market since 1956. It unites more than 20 enterprises in the field of raw materials extraction, production and construction. Its products are represented by the brands Concrete by Kovalska, Avenue, and Siltek. Kovalska’s enterprises operate in Kyiv, Zhytomyr, Lviv, and Chernihiv regions. The aerated concrete plant in Kherson region has not been operating since the beginning of the occupation. The group also includes Kovalska Real Estate, which is engaged in the construction of residential properties in Kyiv. Its portfolio includes more than 20 completed residential projects.

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On April 28, UNIT.CITY will host Digital Talks Forum

On April 28, 2023, the Digital Talks Forum will start at 10:00. The event will take place at the UNIT.CITY event space at 3 Dorohozhytska St., Kyiv.
Digital Talks is the largest digital marketing forum. The purpose of the Forum is to develop Ukrainian digital, popularize the Ukrainian market of information products, draw attention to bright and professional personalities in the field of digital and Instagram, and form a strong community of Ukrainian specialists. Digital Talks Forum will allow you to dive deeper into the world of digital and learn about new trends, modern tools and opportunities from experts and practitioners. You can immediately apply these skills and get practical benefits from attending the event.
The forum speakers will be:

Mstyslav Banik, Head of e-Services Development at the Ministry of Digital Transformation of Ukraine. Topic: Diia: how to turn a startup into the country’s top service
– What is Diia?
– From a startup to the country’s top service
– Who works on the app and how are new products launched?

Alina Tornahi, Head of Marketing and Communications at the Ministry of Digital Transformation of Ukraine and the Diia project. She headed the SMM direction of the Ze! team. Topic: How to build and effectively manage a creative team?
⁃ Where to look for talented people and who exactly your brand needs
⁃ Communication within the team: tools and how to find the perfect brief
⁃ Creativity with respect for deadlines or how to keep motivated in a creative environment

Pavlo Oshmyan, has been working with YouTube for 7 years, founder of the digital agency Subscribe agency. Topic: Successful start on YouTube for experts and businesses
– Why experts and businesses need YouTube
– Where to start? What should you do before launching a channel?
– How to make YouTube: technical aspects, ideas, budgets, algorithms, and basic rules
– How to interact with other social networks?
– Top mistakes when working with YouTube
– YouTube monetization (how can experts and businesses make money?)

Bohdan Tymoshchuk, Telegram expert in Ukraine. Owner of one of the largest networks of Ukrainian TG channels. Owner of a news Telegram channel with an audience of over 1 million subscribers. Topic: Telegram channels as a business.
– Development of the Ukrainian market of Telegram channels
– How and how much you can earn on Telegram
– Why it is profitable to develop your Telegram channel now
– How to develop your channels cheaply
– How to recoup investments of $5-15 thousand in 1-2 months

Justyna Mostova and Marusya Derkach, founders of TikTok agency HEEKS, speakers at UN Women and UNICEF, authors of the first Ukrainian-language channel about marketing on TikTok (500K). Topic: How to successfully launch a brand on TikTok in 2023
– How to get into recommendations on a regular basis
– 100% working content formats
– How to sell on TikTok and achieve brand goals
– How to look for content ideas so that they don’t run out

Vlad Prysiazhniuk, Human Chatbot🤖, an ambassador of their implementation in business. People have paid for services and goods worth over UAH 10 million in the developed chatbots. Topic: How chatbots and no-code services will help you in 2023
– Communicate with your audience 24/7.
– Receive payments automatically and avoid wasting money on a manager who is always making mistakes.
– See where you are earning and where you are not, thanks to statistics.
– Automate all processes as much as possible
– View all data in one place instead of a bunch of tables.
– Use these solutions independently without the help of developers.

Online and offline tickets are available.
Also during the Forum, Artem Honcharenko, President of the Foundation for Reconstruction and Development of Ukraine, will present a large-scale project of the Foundation, Mobile Frontline Hospitals, with the support of the Dynamo Ukraine sports and fitness society, which unites all power and sports structures of Ukraine.
Open4business is a media partner

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UFUTURE PLANS TO START PHASE ONE LVIVTECH.CITY IN SEPT

Development company UDP, part of the UFuture investment group belonged to businessman Vasyl Khmelnytsky, plans to launch phase one of the innovative LvivTech.City park with an area of 18,000 square meters in September 2021, Vice-President of UDP Vitaliy Melnyk has said.
“As for LvivTech.City, in September of this year, we plan to launch phase one – about 18,000 square meters – of the business campus, after which we will begin to build the residential part,” the press service of UFuture said, quoting Melnyk.
According to him, the area of the park is 5 hectares, the planned area of real estate is 110,000 square meters. The Innovation Park has already signed a memorandum of partnership with IWG, which operates the Regus and Spaces coworking spaces.
UDP also plans to disclose plans for the development of an innovation park in Kharkiv in the near future, Melnyk added.
“UNIT.City Kharkiv is located on 9 hectares and in the future it will have about 250,000 square meters of space. In Kharkiv, we have implemented development phase one through the reconstruction of the former exhibition center. More than 3,000 square meters of real estate were put into operation, where educational and office premises are concentrated. In the near future we will announce plans on the further development of the Kharkiv park,” he said.
Melnyk also said that today on the territory of Kyiv’s Unit.City, more than 100,000 square meters of office and residential premises are being implemented, the main square (Main Plaza), designed by the architect Hiroki Matsuura, is preparing for the opening.
As reported, LvivTech.City will be located on the territory of the industrial zone of the former Lvivprylad plant. It is planned that the total area of the office part will be more than 40,000 square meters. The park will be equipped with parking lots, a green area and recreation areas. In addition, the project will be implemented according to LEED energy and environmental design standards.
The completion of phase one of the LvivTech.City innovation park was previously scheduled for the second half of 2018, later postponed to the end of 2019.
In addition, UFuture together with National Technical University “Kharkiv Polytechnic Institute” has implemented the Innovations Campus educational space in Kharkiv worth more than UAH 60 million.

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UNIT.CITY INNOVATION PARK AND BMW IMPORTER IN UKRAINE LAUNCH PROJECT OF E-CAR SHARING

The UNIT.City innovation park, together with the official importer of BMW and MINI in Ukraine AWT Bavaria, are launching the U.Go service – a new model of short-term rental (car sharing) of electric vehicles for the park residents, the press service of the importing company reported.
UNIT.City is reportedly serving as a testing ground for this pilot project, and Kyiv is the first city to test the new car-sharing model.
The service can now be used by residents and employees of the UNIT.City park, who have a driver’s license and have more than two years of driving experience.

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KOVALSKA GROUP PLANS TO INVEST $70 MLN IN KIEV UNIT.CITY PROJECT

Kovalska Industrial and Construction Group intends to invest $ 70 million in the construction of five business centers in the Unit.City innovation park, CEO of the group Serhiy Pylypenko has said at a press briefing.
“The Kovalska team will undertake the construction of a cluster, which, in particular, will include five business campuses with a total area of 70,000 square meters. Investments in the development of the innovation park from the group will exceed $70 million. The project is expected to be completed in four years,” a press release from the company says.
Pylypenko noted, joining the project as a 100% campus investor will allow the company to gain a foothold in the status of a professional commercial real estate developer.
All properties are expected to be certified according to the Leed Silver green standard. To develop the projects, Kovalska involved the Polish architectural bureau APA Wojcoechowski and the international engineering company TEBIN.
“Thanks to its financial, technical resources and its construction capabilities, Kovalska fully takes control of this project – from the concept to the completion of construction and management,” Pylypenko said, stressing that the company is a 100% investor in the project.
According to the founder of UFuture holding, Vasyl Khmelnytsky, who is quoted by the press service, the Unit.City project has been implemented only by 7%. Attracting powerful strategic partners to the development of this project will provide an opportunity to bring it to the global level in 2023.

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EUROPEAN INVESTMENT BANK TO GIVE EUR 50 MLN LOAN TO UNIT.CITY

The European Investment Bank (EIB), as part of a joint initiative with the European Commission – InnovFin Science, has agreed the issue of a loan of EUR 50 million for the UNIT.City innovative park.
According to a joint press release, the loan is provided as part of the EU’s Horizon 2020 research and innovation program and is managed by the EIB.
“Ukraine and more specifically the Kyiv urban area lack a proper ecosystem for R&D and IT companies at all stages of development, from start-ups to expanding high-tech companies. With its dedicated InnovFin Science support, the EIB is now helping Ukraine to bridge this gap. This will strengthen the competitiveness of the country and its capital city and enable it to take full advantage of its skilled workforce,” EIB Vice President Lilyana Pavlova stated.
“The EIB credit line provides up to 10 tranches of at least EUR5 million each. The funds are allocated for nine years with a very competitive annual interest rate for Ukraine. Money will be allocated for the construction of new campuses of the innovation park – B15, B16, B17, U1 – with a total area of 70,000 square meters. The total cost of the project (including components financed by the EIB) is estimated at EUR 110 million. Thus, about half of the estimated costs will be financed by the EIB,” the report on the bank’s website says.
“The project promoter and the EIB loan borrower is Unit Holdings LLC, a company established by UFuture Group. The project is expected to be completed by 2023 and it will generate up to 2,400 temporary jobs and increase permanent employment within the promoter’s business by 549 full time jobs. Indirectly, the project will support around 15,000 jobs in the tenant companies present at the UNIT.City innovation park,” according to the report.

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