After the victory, Ukraine will become the largest builder and construction site in Europe, with hundreds of towns and villages in need of restoration, President of Ukraine Volodymyr Zelenskyy said.
“After the victory, Ukraine will become the largest builder and construction site in Europe. We need to rebuild hundreds of cities and villages, thousands of infrastructure facilities, hundreds of thousands of homes. This will give a boost to the economy,” Zelenskyy said in a speech at the Verkhovna Rada plenary session on Wednesday.
The President also emphasized the importance of preserving cultural and historical space in cities.
Kyiv authorities are initiating appeals on the need to improve the legislation in terms of the requirement of compulsory equipping new housing with shelters, the press service of Kyiv City State Administration said.
“Today, developers, unfortunately, bypass the existing requirements of compulsory installation of shelters in houses. The reason is in the gaps of the current legislation, which requires providing for shelters in the construction project or the possibility to use the shelter nearby. Well, the “or” should not be! We can see what it has led to: there are practically no new buildings in the fund of protective constructions”, – deputy head of Kyiv City State Administration Petr Panteleev is quoted in the press release.
In addition, he notes that the SES and local self-government are also removed from the process of taking the houses into use.
According to the KSCA, from 4.2 thousand shelters tested in the capital 2.9 thousand are suitable for use, another 736 can be shelters, provided they are properly equipped. 578 facilities do not meet the regulatory requirements for the premises where shelters can be equipped.
As reported, the law “On Amendments to Certain Legislative Acts of Ukraine on ensuring civil protection requirements during the planning and development of territories,” which, in particular, provides for mandatory placement of bomb shelters in new buildings, was signed by the president in August 2022.
Kernel Agro Group is completing the construction of Starokonstantinov Oil Extraction Plant (SEP) in Khmelnitsky Oblast, CEO of the agro-holding Evgeniy Osipov said at the Grain Ukraine-2023 international grain conference.
“As early as next year, we will finish the construction of the Starokonstantinovsky Oil Extraction Plant, which will be able to process 1 million tons of sunflower annually,” he said in a statement on the company’s Facebook page on Wednesday.
According to Osipov, Kernel has invested more than $800 million in the Ukrainian market over the past few years.
“Each of our initiatives is implemented with the goal of strengthening the country’s agricultural potential. We must be ready to accept the products of Ukrainian farmers in time. We must provide all necessary services to our agrarians so that they can sell their products, get the necessary resources and invest them into production,” he stressed.
Osipov clarified that “Kernel” intends to increase the volume of processing and production of products with added value. To do this it is important to build effective logistics for the company’s partners to export their products.
“Our task is to increase the efficiency of the business system,” explained the CEO of Kernel.
As reported, in February 2023, “Kernel” acquired the river terminal “Danube Prom Agro” in the Ukrainian port of Reni on the Danube.
Kernel Agro Holding before the war was the world’s number one producer of sunflower oil (about 7% of world production) and its exports (about 12%). The company is one of the largest producers and sellers of bottled oil in Ukraine. Kernel is also involved in crop growing and sales of agricultural products.
The largest co-owner of Kernel, through Namsen Ltd. – Ukrainian businessman Andrei Verevskyi, with a 41.3% stake, has recently proposed Kernel’s delisting from the Warsaw Stock Exchange and a buyout of its shares from other shareholders.
For the first half of fiscal 2023 (FY, July-December 2022), Kernel cut its net profit by 12.6% YoY to $370.3
Deputy Prime Minister and Minister for Reintegration of Temporarily Occupied Territories Iryna Vereshchuk believes that it is better to invest in social hostels for IDPs than in the construction of modular towns.
“Today we have 25 modular camps in Ukraine. At most 5 thousand internally displaced people live in them. We have 4.8 million internally displaced people. Is it effective? As for me, it is better to invest in social hostels,” Vereshchuk said on the air of a national telethon on Friday.
According to her, there are a lot of dwellings in Ukraine, which, after being repaired, can be suitable for people living there.
Vereshchuk also drew attention to the fact that the modular hostels need to be maintained, which requires funds.
Share of new buildings, in which construction was resumed, by regions of Ukraine in march 2023
Source: Open4Business.com.ua and experts.news
Switzerland’s Nestlé, the world’s largest producer of food and soft drinks, has launched the announced construction of a plant to manufacture pasta and other food products in the Smolyhiv village, Torchyna district, Volyn region. Earlier the company invested CHF40 million (nearly $45 million) in the project, business.rayon reported.
Alessandro Zanelli, general director of Nestlé in Ukraine and Southeast Europe, expressed confidence Wednesday at a ceremony marking the start of construction that the plant in Torchin will become a European regional hub for the culinary category.
“I’ve seen Ukrainian cities that were destroyed after all kinds of attacks and how they were rebuilt within a year. The Ukrainians are working successfully to rebuild the infrastructure. Of course, we are calculating the possible risks, but we are confident that we are doing the right thing. Ukraine is worth investing in,” said Marco Sattembri, executive vice president of Nestlé and chief executive of the European zone.
It is specified that at the first stage of work the enterprise will create 300-400 workplaces. Specialists from Kharkov, where there is already a factory producing instant noodles “Mivina”, and local staff are involved in the work at the plant.
Nestle is one of the world’s largest food producers, headquartered in Vevey, Switzerland. The company has 376 factories in 84 countries and produces chocolate and confectionery products, ready-made breakfasts, pet food, baby and medical food, coffee, mineral water, etc. Its portfolio includes more than 2 thousand brands, including Nestle, Nescafe, KitKat, Gerber and Maggi.
Nestle in Ukraine produces coffee and beverages, confectionary, culinary products (cold sauces, seasonings, soups, instant food), baby and special food, ready-made breakfasts and pet food. The most famous Ukrainian brands of the company are Svitoch, Torchin and Miwina.
As reported, in December 2022, Nestle announced its decision to open the production of “Mivina” in Volyn.
