Business news from Ukraine

LVIV IT CLUSTER LAUNCHES PROJECT TO BUILD IT VILLAGE

Lviv IT Cluster, an association of IT companies, is launching a project to build an IT Village housing estate, designed for 133 private homes for IT specialists, IT Cluster’s press service has reported. “IT Village will become a new town for IT professionals and a community of people with common interests. The complex with a total area of 17 hectares will consist of 133 separate houses in the village of Nahoriany in Pustomyty district, 9 km from Lviv,” the report said.
Construction will start in August-September 2018, the whole project is to be completed in 2-2.5 years.
The project is non-commercial and offers IT professionals houses with an area of 140 square meters to 350 square meters and a cost from $89,700 to $276,500. Additional infrastructure of the town includes a common recreation area, a sports field for children, a private park, a kindergarten and a supermarket.
The general contractor of IT Village is Lvivbud construction company, which previously participated in the IT House project.
As reported, Lviv IT Cluster plans to build Innovation District IT Park between the streets Stryiska, Chmoly, Luhanska and Kozelnytska in Lviv. The project provides for six eight-storey office buildings and two business centers, as well as a hotel, a kindergarten, a university, a fitness complex and a parking lot for 3,167 cars. The total area of the site is 10 hectares, the area of offices is 82,300 square meters, the area of the retail and service area is 12,900 square meters.

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ZELENE MISTO ANNOUNCES TENDER TO BUILD WASTE TREATMENT FACILITY IN LVIV

Lviv-based municipal enterprise Zelene Misto (Green City) has announced a tender to build a solid household waste treatment facility in Lviv.
The respective invitation for prequalification is posted on the website of the European Bank for Reconstruction and Development (EBRD), which finances the project.
The potential participants should meet the following requirements: to have annual turnover of at least EUR 38 million in the past three years and at least two similar successful projects. These projects should be implemented in the past seven years for the amount of at least EUR 11 million each.
In addition, the potential participants should successfully operate the similar complex built by applicants for at least two years.
The prequalification documents must be duly completed and delivered on or before 17:00 local time on July 9, 2018. The prequalification is to be completed in August. The winner will be selected in October 2018.
The treatment facility with a throughput capacity up to 250,000 tonnes of waste a year should be built in 24 months.
As reported, on June 1, 2018, Lviv city and the EBRD signed an agreement for EUR 35 million to build the solid household waste treatment facility, including a EUR 25 million loan and a UAH 10 million grant.

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INTERGAL-BUD CONSTRUCTION COMPANY PLANS TO BUILD 250,000 SQ M OF HOUSING

The Intergal-Bud construction company (Kyiv) plans to boost housing construction 1.5-fold in 2018, to 250,000 square meters, Commercial Director Hanna Layevska has said. “In total, we plan to introduce about 250,000 square meters of housing in 2018. In 2017, we actually commissioned 170,000 square meters. This year we plan to launch at least five new facilities, which are mainly located in the downtown areas and in the Holosiyivsky district of Kyiv. These are Vystavkovy residential complex, Lukyanivsky Cascade residential complex, and a few more facilities that are in the design and construction phase,” she told Interfax-Ukraine.
According to Layevska, this year the company intends to finish the construction of Parkovi Ozera, Yaskravy, Otradny and Demiyivka residential complexes in Kyiv.
According to the commercial director of Intergal-Bud, prices for many properties in the first five months of 2018 grew by 10-12% in U.S. dollars. According to her, in the first half-year of 2018, purchases of apartments with 100% payment decreased and the share of installments and lending contracts increased.
At the same time, despite the price increase, the company’s sales pace in 2018 increased by more than one third compared to 2017, Layevska said. According to the commercial director, a major challenge for developers in 2018 is a lack of general contractors.
Intergal-Bud construction company LLC was founded in 2006. It is subsidiary of Lviv subsidiary established in 2003.

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SPAIN’S ACCIONA TO INVEST EUR 54.7 MLN IN JOINT PROJECT WITH UDP TO BUILD SOLAR POWER PLANT NEAR KYIV

UDP (Kyiv) from the UFuture investment group has arranged a joint project to expand Dymerka solar power plant (Kyiv region) from 6 MW to 57.6 MW with Spain’s ACCIONA Energia Global, the press service of UDP reported on Friday.
“The first project of the Spanish energy giant on the Ukrainian m
arket will be the development of the second, third and fourth stages of the Dymerka solar power plant in Kyiv region with a total peak capacity of 57.6 MW. The first phase of this plant was commissioned by UDP Renewables in the summer of 2017. The total volume of foreign direct investment only in this project is EUR 54.7 million,” UDP said.
The founder of UFuture Vasyl Khmelnytsky said that the launch of the Dymerka solar power plant at a full capacity is scheduled for the first quarter of 2019.
“I believe that this example would stir up the process of attracting investment and the global expertise, which is also important,” UDP reported, citing Khmelnytsky.
ACCIONA Energia CEO Rafael Mateo said that the Spanish company starts its operations in the renewable energy sphere in Ukraine with support of the European Bank for Reconstruction and Development (EBRD).
The UDP said that they arranged with Acciona Energia Global to work together on a broad portfolio of investment projects in both solar and wind energy in the Ukrainian market.
As reported, the first stage of the solar power plant in the village of Velyka Dymerka (Kyiv region) with a capacity of 6 MW was registered for Dymerka solar power plant-1 LLC. The company belongs to the majority shareholder of the UDP development company Vasyl Khmelnytsky.
ACCIONA Energia Global from ACCIONA Group headquartered in Madrid is a global leader in renewable energy with 25 years of experience.
UFuture investment group is a leading business group in Ukraine. It incorporates UDP, the Sikorsky Kyiv airport (Zhuliany), RTM national outdoor advertiser, Bila Tserkva industrial park, UNIT.City and LvivTech.City innovative parks, Biopharma pharmaceutical company and UDP Renewables. UFuture is headquartered in Brussels and its head office is located in Kyiv
UDP Renewables is a Ukrainian developing company in the renewable energy sphere.

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SPANISH ACCIONA ENERGIA GLOBAL TO INVEST EUR 54.7 MLN IN JOINT PROJECT WITH UDP TO BUILD SOLAR POWER PLANT IN KYIV REGION

UDP (Kyiv) has arranged a joint project to expand Dymerka solar power plant (Kyiv region) from 6 MW to 57.6 MW with Spain’s Acciona Energia Global, the press service of UDP has reported. “The first project of the Spanish energy giant on the Ukrainian market will be the development of the second, third and fourth stages of the Dymerka solar power plant in Kyiv region with a total peak capacity of 57.6 MW. The first phase of this plant was commissioned by UDP Renewables in the summer of 2017. The total volume of foreign direct investment only in this project is EUR 54.7 million,” UDP said.
The launch of the Dymerka solar power plant at a full capacity is scheduled for the first quarter of 2019.
The UDP said that they arranged with Acciona Energia Global to work together on a broad portfolio of investment projects in both solar and wind energy in the Ukrainian market.
As reported, the first stage of the solar power plant in the village of Velyka Dymerka (Kyiv region) with a capacity of 6 MW was registered for Dymerka solar power plant-1 LLC. The company belongs to the majority shareholder of the UDP development company Vasyl Khmelnytsky.

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TECHAGRO PLANS TO BUILD THREE TERMINALS IN UKRAINE IN 2019 WORTH $198 MLN

Techagro LLC plant to build three terminals – grain, container ones and a terminal for bulk and break-bulk cargos – totally worth $198 million at the Yuzhny maritime merchandise port (Odesa region), the Center for Transport Strategies has reported, referring to Director of Techagro Viacheslav Boyalsky. According to him, the company owns an 82-hectare land parcel at the entrance to the Yuzhny port water area with a berthing front of 280 running meters and a depth of about 17 meters, which will make it possible to service ships with a carrying capacity of 150,000-170,000 tonnes. “According to the estimate and financial preliminary calculation it requires $198 million of investment. The first thing that we will build is railroad, power lines and water pipelines, which will cost us $6.2 million. We plan to complete the works in 2019 to provide the site with utilities networks,” Boyalsky said.
The construction of the grain terminal is scheduled to begin in 2020, its launching in 2021. According to preliminary data, at the initial stage the grain terminal will handle 4.5 million tonnes per year, including 400,000 tonnes of flour and 200,000 tonnes of vegetable oil.
The container terminal, which Techagro plans to build, will have a capacity of 2 million tonnes and will cover an area of 22 hectares. The terminal for bulk and break-bulk cargo is planned to handle 2-2.5 million tonnes per year. To avoid dust, it will be equipped with two covered tunnels.

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