Business news from Ukraine

DNIPRO TO GET EUR 12.5 MLN FOR ENERGY EFFICIENT SCHOOLS AND KINDERGARTENS

The European Bank for Reconstruction and Development (EBRD) with the Eastern Europe Energy Efficiency and Environment Partnership Fund have provided EUR 12.5 million for energy-efficient modernization of schools and kindergartens in Dnipro.
“The European Bank for Reconstruction and Development, with which Dnipro is successfully cooperating in the construction of the subway and renovation of rolling stock, together with the Eastern Europe Energy Efficiency and Environment Partnership Fund, provided EUR 12.5 million to the city for the energy-efficient renovation of 84 schools and kindergartens,” Dnipro Mayor Borys Filatov said in the Facebook social network.
According to him, modernization works include insulation of facades and roofs, replacement of windows, as well as the placement of heat points, which reduce heat loss in the winter period by half.
According to Filatov, by the end of 2019, it is planned to complete the modernization of 15 facilities, the rest – by the end of 2020. The works are performed by Azerbaijan’s Akelik, which was selected by the European partners at a tender.

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INTERNATIONAL AIRPORT IN DNIPRO TO BE RECONSTRUCTED

The Cabinet of Ministers of Ukraine has sent UAH 200 million for reconstruction of a runway of the international airport in Dnipro, according to a posting on the website of the Infrastructure Ministry of Ukraine. The decision was made at a government meeting on Wednesday.
“The Infrastructure Ministry supported the proposal of the Prime Minister of Ukraine and tabled for approval by the government the proposal to allocate UAH 200 million for the reconstruction of the runway of the airport in Dnipro. I support the fact that next year the airport in Dnipro could service the first flights of Ryanair and other European and Ukrainian airlines, including SkyUp,” the press service said, citing Infrastructure Minister Volodymyr Omelyan.
As reported, the Infrastructure Ministry of Ukraine supported the allocation of UAH 1 billion from the 2019 national budget for the construction of a new runway at the international airport in Dnipro within the framework of a public-private partnership project under which a private investor would build a new terminal and put it into service in 2020.
Ukrainian businessman, owner of the DCH Group Oleksandr Yaroslavsky, who had earlier invested in the renovation of the Kharkiv International Airport, has announced his plans to modernize the international airport in Dnipro.
Dnipro Mayor Borys Filatov called on Ukrainian President Petro Poroshenko to influence the situation with the airport in Dnipro.
The Dnipropetrovsk International Airport was founded in 1943. It became an independent enterprise in 2011. The airport is located five kilometers southeastward from Dnipro.

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H&M STORES COULD BE OPENED IN KARAVAN MALL IN KHARKIV, DNIPRO

DCH Infrastructure and Real Estate (DCH I&RE), part of businessman Oleksandr Yaroslavsky’s DCH Group, is negotiating with Sweden’s retailer H&M on the opening of stores in regional shopping and entertainment centers Karavan in Kharkiv and Dnipro.
DCH I&RE CEO Daniil Vladov said in an interview with Interfax-Ukraine that it is inexpedient to attract H&M store to the Karavan mall in Kyiv, as the mall will be gradually reformatted into an outlet center.
“The H&M brand does not enter the outlet format. At the moment, they do not need this format, and they do not have it as such. We are negotiating with them, and I think they will enter our regional projects in Kharkiv and Dnipro,” Vladov said, commenting on a possibility of attracting H&M to the pool of the new outlet center as a result of changing the concept of the Karavan shopping and entertainment center in Kyiv.
DCH Infrastructure and Real Estate plans on June 1, 2019 to partially close the Karavan shopping and entertainment center in Kyiv located at 12, Luhova Street for a phased reformatting of the facility into an outlet center.
DCH Infrastructure & Real Estate is the management company of the Karavan retail and entertainment centers network in Kyiv, Kharkiv, and Dnipro. It functions as the development division of the DCH Group of Yaroslavsky, whose range of investment interests includes construction and development, finance, industry, mining, engineering, metallurgy, transport, and other spheres.

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UTG CONSULTING COMPANY BECOMES EXCLUSIVE BROKER OF APPOLO MALL IN DNIPRO

UTG consulting company (Kyiv) has signed an exclusive brokerage contract for the second line of the Appolo shopping mall in Dnipro. “Currently, UTG is looking for tenants for the second line of Appolo. The second line of the mall, located on the 36, Titova Street includes three levels with a total area of 40,000 square meters, 30,000 square meters of which are for leasing. The launch is planned in Q3 2019,” UTG said.
According to the concept developed by the company’s specialists, the facility will store a food supermarket with an area of 4,400 square meters, a cinema of 3,000 square meters, operators of goods for children, a fashion gallery, a large area of restaurants and food courts.
“After the launch of the second line, it is planned that the daily attendance of the shopping mall will be 20,000 people per day. Thus, it will become one of the most visited and popular commercial properties in Dnipro,” Director at UTG Yevhenia Loktionova said.
UTG (Kyiv) was founded in 2011. Its core business is accompanying of development projects.
More than 100 real estate projects were launched with the participation of UTG. Among them are Lavina Mall, New Way, Ocean Plaza, Gulliver, Piramida and Komod shopping centers (all based in Kyiv), Megamall (Vinnytsia), Most City Center (Dnipro), French Boulevard (Kharkiv) and Global.UA shopping centers (Zhytomyr).
According to the unified public register of legal entities and individual entrepreneurs, as of April 1, 2019, the share of 30% in the share capital of UTG LLC (Kyiv) belongs to Melnyk, 65% to Vadym Neposedov, and 5% to Artem Neposedov.

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DNIPRO AIRPORT SEES 12% RISE IN PASSENGER FLOW

The Dnipropetrovsk International Airport increased its passenger flow by 12.4%, to 61,900 people, in January-March 2019 compared with the same period in 2018, according to a posting on the company’s website.
The airport serviced 21,500 passengers in January, 18,970 in February, and 21,440 in March.
Some 34,100 passengers used international flights and 27,810 people used domestic flights at the airport in Q1.
As reported, the Infrastructure Ministry of Ukraine supported the allocation of UAH 1 billion from the 2019 national budget for the construction of a new runway at the Dnipropetrovsk International Airport within the framework of a public-private partnership project under which a private investor would build a new terminal and put it into service in 2020.
Ukrainian businessman, owner of the DCH Group Oleksandr Yaroslavsky, who had earlier invested in the renovation of the Kharkiv International Airport, has announced his plans to modernize the international airport in Dnipro.
Dnipro Mayor Borys Filatov called on Ukrainian President Petro Poroshenko to influence the situation with the airport in Dnipro.
The Dnipropetrovsk International Airport was founded in 1943. It became an independent enterprise in 2011. The airport is situated 5 kilometers southeastward from Dnipro.

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SKODA TRANSPORTATION OPENS FIRST UKRAINIAN OFFICE IN DNIPRO

The International locomotive building conglomerate Skoda Transportation has opened the first official representative office in Ukraine in Dnipro, according to the website of Dnipro City Council.
“The Dnipro residence will develop design projects for railway and public transport for the Czech company, as well as look for suppliers for production,” the report says.
Cooperation will also be facilitated by the presence in Dnipro of a network of manufacturers and repair enterprises of locomotive and heavy engineering.
“Our goal is for Skoda to return to Ukraine. Dnipro is a non-random choice. The city has a great potential,” Skoda Transportation Director for Human Resources Tesar Lumir said during the opening of the representative office.
Skoda Transportation produces railway locomotives, subway cars, suburban electric trains, as well as trams, trolleybuses, buses, engines, traction equipment. The conglomerate is also engaged in the modernization of rail and public transport. The brand cooperates with fourteen countries of the world, including Poland, China, and the United States.

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