Business news from Ukraine

Ukrgasbank started lending for housing in primary market under eHouse program

The state-owned Ukrgasbank has started issuing mortgage loans for housing in the primary real estate market under the eOselya program, the bank’s press service reports.

According to the report, the first partner of the bank is the developer Fedorchenko Construction Production and Commercial Company LLC with a facility in Sumy.

Since the launch of the state program “eHouse”, Ukrgasbank has issued loans for UAH 2.2 billion to 1.3 thousand families.

As reported, the eHouse affordable mortgage lending program was launched in Ukraine in October 2022. Contract servicemen of the Armed Forces of Ukraine, employees of the security and defense sector, healthcare workers, teachers, and scientists can apply for a preferential mortgage at 3% per annum for up to 20 years with a down payment of 20% of the cost of housing.

Starting from August 1, war veterans, combatants, IDPs and citizens who do not have their own housing larger than the standard area can apply for the eHouse program at a 7% interest rate.

Seven partner banks participate in the eHouse program: Oschadbank, PrivatBank, Ukrgasbank, Globus Bank, Sky Bank, Ukreximbank and Sens Bank. You can apply for participation in the program using the Diia mobile application.

At the end of 2022, the government capitalized Ukrfinzhytlo by UAH 30 billion through the issuance of domestic government bonds. According to Deputy Prime Minister and Minister of Economy Yulia Svyrydenko, this funding is enough to issue 12-15 thousand mortgages in 2023.

At the end of April, the Ministry of Economy, as the sole shareholder of Ukrfinzhytl, approved repo transactions with these government bonds for up to a year in the amount of UAH 15 billion. Later it was reported that the rate on these transactions could be up to 20% per annum, while the government bonds themselves were issued for up to five years at a rate of 19.5% per annum.

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RAUTA HAS DEVELOPED A SANDWICH PANEL CONSTRUCTION TECHNOLOGY THAT ALLOWS TO BUILD HOUSES IN JUST 7 DAYS

The new technology of prefabricated one-story residential buildings makes it possible to provide people with high-quality houses as quickly as possible.
Ruukki sandwich panels are used as load-bearing and envelope structures of houses, which allows to reduce the cost of construction due to the absence of the need to build a frame. At the same time, cottages become highly energy efficient (heat transfer resistance R = 7.43 m2K / W) and durable (lifetime is more than 50 years).
Rauta has developed several practical layouts for sandwich panel cottages ranging from 26 m2 to 139 m2. At the same time, layouts with an area of ​​26 m2 and 49 m2 can be placed in blocks with common partitions. This solution allows to further reduce the cost of construction, as well as to build settlements for people in dire need of housing as quickly as possible.
“The key goal of this project was to create reliable, functional and energy-efficient houses with the shortest possible construction time,” said Andriy Ozeychuk, Rauta director. “The ergonomics of the layouts are deliberate so that even in a house with an area of ​​​​only 26 m2, a family of 3-4 people can live comfortably.”

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POLISH COMPANY TO OPEN STORE IN KHARKIV

The shops of the Polish LPP group – Cropp, House, SinSay – will open in the Kharkiv-based Planeta Mall, the Ukrainian Trade Guild (UTG), acting as the exclusive broker of the project, has told Interfax-Ukraine.
Each brand will be presented in a mono-brand store format. The SinSay area will be 1,311 square meters, House – 762 square meters, Cropp – 712 square meters. All LPP brands will be opened in an updated format, with spacious sales areas and an improved product display, UTG said.
The SineSay brand is aimed at a young audience, offering both casual clothes and original party outfits.
The House range includes stylish clothing, comfortable shoes and practical accessories for men and women.
Cropp is streetwear from a Polish manufacturer. When creating clothes of this brand, designers are inspired by modern pop and hip-hop culture.
The total area of Planeta Mall is 110,000 square meters, of which lettable area is 70,000 square meters.
The Planeta Mall will house more than 120 stores, 15 restaurants and anchor tenants: the Silpo grocery supermarket on 4,000 square meters, the JYSK department store for home goods on 1,400 square meters, the children’s entertainment center Smile Park on 3,000 square meters, seven-screen cinema Wizoria, more than 10 international clothing and footwear department stores. The largest assortment of electronics operators among all Kharkiv shopping and entertainment centers will also be presented: Comfy (1,000 square meters), Foxtrot (1,000 square meters), and Eldorado (840 square meters).
A parking lot for 1,000 cars will be located next to the facility. The opening is scheduled for March 2022.

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KSG AGRO PLANS TO LAUNCH NEW SOW HOUSE

KSG Agro plans to increase pig numbers by 50% in 2019, according to a company report on the Warsaw Stock Exchange (WSE).
“We want to double the number of pigs by 50% – from the existing 60,000 at the fattening stage to about 100,000 heads. This is a level that is safe in terms of availability of feed,” KSG Agro CEO Andriy Skorokhod said.
The Ukrainian holding also plans to set up an enterprise for the selection of sows with a capacity of 2,000 heads with a group of investors at the first stage (a total of three stages of the project are planned).
“Negotiations with partners continue, the project will involve the Danish fund and the Ukrainian retail chain, and we intend to cover 30% of the project’s shares. We plan to sell sows not only to the Ukrainian market, but also to foreign markets, and we have some experience in selling to China and Georgia,” Skorokhod said.
According to him, a fall in the number of pigs in the world, in particular because of the ASF, contributes to the plans of the agricultural holding. More detailed information will become known in a few months.
KSG Аgro is a vertically integrated agricultural group, working in almost all the segments of the agricultural market, including the production, storage, processing, and sale of agricultural products.

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