The regions of Western Ukraine became the leader in terms of agricultural land prices in the summer of 2023, according to the data of the Opendatabot service.
According to the infographics of the resource, in June of this year, the most expensive agricultural land was in Lviv (139.4 thousand UAH/ha), Ivano-Frankivsk (84.391 thousand UAH/ha) and Kyiv (61.611 thousand UAH/ha) regions. The minimum price was recorded in Kharkiv region – 26.3 thousand UAH/ha.
In July, the leading regions in terms of land prices were Rivne (144.2 thousand UAH/ha), Ivano-Frankivsk (140.9 thousand UAH/ha) and Lviv (103.647 thousand UAH/ha) regions. During this period, the cheapest land was bought in Donetsk region – 19.08 thousand UAH/ha.
Ivano-Frankivsk region was the leader in terms of the cost of agricultural land in August, although prices were lower – 111.5 thousand UAH/ha. Lviv (91.987 thousand UAH/ha) and Khmelnytsky (53.019 thousand UAH/ha) regions were in the TOP-3. Zaporizhzhia region became the anti-leader in the last month of summer – 26.57 thousand UAH/ha.
The average cost of agricultural land in Ukraine in June amounted to 39.86 thousand UAH/ha, in July – 44.9 thousand UAH/ha, in August – 39.85 thousand UAH/ha.
At the same time, the area of land sold during the summer decreased from 14.9 thou hectares in June to 13.4 thou hectares in July and 10.45 thou hectares in August.
According to the report, the average cost per hectare for the entire period of work on the land market is about 37 thousand UAH/ha. In the first month after the resumption of work in May 2022, prices reached 43 thousand UAH/ha.
As reported, the Kyiv School of Economics (KSE), with the support of the USAID AGRO Program, is conducting a study of the land market in Ukraine. During the last analysis, analysts identified two systemic problems: the low level of price registration in the State Register of Rights and the underestimation of land prices during transactions.
“Since the beginning of 2023, the share of transactions with a registered price has amounted to only 18.8% of all sales transactions, while in 2022 this figure was 34.4%, and in 2021 – 55.0%. At the same time, in 60% of cases where the price of the land plot was indicated, it was at the lowest possible level, i.e. at the level of the normative monetary value (NMV). The ratio between purchase and sale prices and lease prices at electronic land auctions at 1:4.5 indicates that the registered prices of purchase and sale transactions are twice lower than the market prices,” the study says.
Source: https://opendatabot.ua/open/land
The German sportswear and footwear retailer Adidas has reopened four stores in Ukraine, excluding retail outlets in Kyiv, the Ukrainian Retailers Association (RAU) has reported.
According to her, the Adidas & Reebok discount center in the Spartak shopping center and a separate chain store in Lviv, retail outlets in Uzhgorod and the Global shopping center in Zhytomyr have reopened. The online store has also reopened.
At the same time, the retailer did not provide information about the reopening of stores in Kyiv, the association notes. The official website of Adidas in Ukraine states that 18 stores in the capital are “temporarily closed”.
In Ukraine, the chain is managed by SE “Adidas-Ukraine”, owned by Adidas AG. According to the financial results of the DP for 2020, its revenue amounted to UAH 1.4 billion, net profit – UAH 58.5 million.
Israeli doctors have set up a field hospital in Lviv region to help Ukrainians, Ukrainian Foreign Minister Dmytro Kuleba has said.
“Grateful to the State of Israel for setting up the ShiningStar field hospital in Lviv region. I thank its team of Israeli physicians and paramedics for their important humanitarian mission and tireless work to help Ukrainian men, women, and children at this difficult time,” Kuleba wrote on Friday.
The Turkish construction and investment company Beta Engineering is considering Lviv region for the placement of a bitumen plant, Head of Lviv Regional State Administration Maksym Kozytsky has said.
“Entrepreneurs have their own oil refineries and bitumen plants in Turkey and Iraq. In Ukraine, they would like to start their business, attracting investments as public-private partnership,” Kozytsky wrote on Facebook.
According to him, the parties agreed that the company will study the market and issue a request, and the Regional State Administration will offer land plots suitable for the implementation of the project.
Continental Farmers Group agricultural holding put into operation a potato storage facility in the village of Chukva (Lviv region), designed for simultaneous storage of up to 16,000 tonnes of potatoes, investments in the project amounted to UAH 111.4 million, according to the website of the group.
“After launching a new complex in the village of Chukva, our company has the ability to simultaneously store over 100,000 tonnes of potatoes and supply them to our customers throughout almost the entire year with the preservation of quality indicators,” Continental Farmers CEO Georg v. Nolcken said.
Construction work at the facility with a total area of over 6,000 square meters was conducted during 10 months. The storage is zoned into six chambers for bulk storage of potatoes with a total capacity of 2,650 tonnes each, its shelf life is about 10 months.
Continental Farmers Group said that the floor of the potato storage is equipped with forced air systems that evenly distribute ventilation around the entire perimeter of the building, this technology is used for the first time in Ukraine.
The agricultural holding indicated among its priorities the cultivation of potatoes: chips, seed and food varieties. The total area under potatoes in the current production season amounted to 1,800 hectares, its harvest is stored in warehouses in Ternopil and Lviv regions with a total capacity of 103,000 tonnes. The group also has its own starch plant.
Agroholding Mriya and CFG, united under the name Continental Farmers Group, have been operating as a single business since November 2018.
An earthquake with a magnitude of 2.9 occurred in Lviv region on Sunday, January 10, the press service of the Main Center for Special Control of the State Space Agency of Ukraine reported.
So, on January 10, the Main Center for Special Control registered an earthquake with a magnitude (on the Richter scale) of 2.9 at 13:13.
It is noted that the source of the earthquake was located in Sambir district at a depth of 5 km. The vibrations did not pose a threat to the population; they could be felt by individuals inside the premises, especially on the upper floors.
