Business news from Ukraine

THE ANCIENT WORLD WILL OPEN IN THE KYIV REGION

On June, 12 and 13, Ancient Kyiv in the Principality of Kyivan Rus («Kyivan Rus Park») invites you to a weekend tour «The Ancient World in Ancient Kyiv». The guests will be awaited by horse performances, theatrical stagings based on ancient myths, horseback riding, tasty dishes from fire, extreme attractions, museums, exhibitions … And all these in a real live medieval city!
The event is held in accordance with the requirements of the quarantine regime.
Ancient Kyiv opens at 10:00. The program starts at 14:00.
* The event program is subject to change.
The ticket price: a full adult ticket – 200 UAH, for pensioners and students – 150 UAH, for schoolchildren – 80 UAH, for preschool children – for free.
Ancient Kyiv in the «Kyivan Rus Park» is located in Kyiv region, Obukhiv district, the vill. Kopachiv.
Details on the website www.parkkyivrus.com
The Interfax subscribers can save money with the “openbusiness-20” promo code for a 20%-discount for a full price adult ticket to the Principality of Kyivan Rus:
– by previous order by tel.: +38 044 461-99-37, +38 050 385-20-35
– or at the cash desk at the entrance to the «Kyivan Rus Park».

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ECONOMY MINISTRY REGISTERS PATON INDUSTRIAL PARK IN KYIV REGION

On December 24, 2020, the Ministry for Development of Economy, Trade and Agriculture of Ukraine included the Paton industrial park (Kyiv region) in the register of industrial parks. The park, the initiator of which was the Pilot Paton Plant (Kyiv), the manufacturer of welding equipment, has an area of 17.0597 hectares.
According to the information on the ministry’s website, the planned life of the park, located on the territory of the Hlevakha village council of Fastiv district, is 30 years. It is planned to create up to 2,000 jobs.
The priority types of economic activity in the industrial park will be the creation of industrial production of modern electric welding equipment for various purposes, electric welding materials, packaging for various purposes, logistics and others.
The press service of the ministry said that today 45 parks have already been included in the register of industrial parks, including 23 management companies have been selected, and eight parks have participants (10 participants in total).
In addition, industrial parks, which are not included in the specified register, are being created and are functioning, including four parks created before the adoption of the law of Ukraine on industrial parks.
The Pilot Paton Plant was established in 1959 on the initiative of Borys Paton, as one of the elements of the Electric Welding Institute. The plant is the leader of the Ukrainian market of welding equipment and materials.

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INDONESIAN COMPANY PRAVITNA GENIUS SEL IN PARTNERSHIP WITH CANADIAN COMPANY PLAN TO LAUNCH PHARMACEUTICAL PRODUCTION IN KYIV REGION

The Ukrainian-Indonesian company Pravitna Genius Sel in partnership with the Canadian company Immunitor (Vancouver) plans to launch pharmaceutical production in Kyiv region by the end of the year.
Freddy Cahyono, the CEO of Provitna Genius Sel, told Interfax-Ukraine that the respective agreement of intent was signed on October 7 by the representatives of the companies with the participation of the Indonesian Embassy in Ukraine.
Pravitna Genius Sel’s investments in launching production in Kyiv region amounted to about $1 million. By the end of 2020, the company plans to obtain a GMP certificate.
One of the first drugs, the production of which is planned by Pravitna Genius Sel, will be a drug that will stimulate the immune system, which will not only treat diseases, but also prevent their occurrence.
For the production of the drug, Canadian raw materials will be used. Freddy Cahyono noted that the drug, which will be produced in Ukraine, is to be exported abroad, in particular to Indonesia. By the end of the year, the company intends to register the medicine in Ukraine.
In turn, Ambassador of the Republic of Indonesia to Ukraine Yuddy Chrisnandi noted the high export potential of the drugs produced in Ukraine.
“These drugs will be able to be used not only in Ukraine, but throughout the world, including in Indonesia. I hope that they will contribute to the fight against epidemics,” he said.

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KYIVSTAR LAUNCHES 4G IN IN 75 SETTLEMENTS OF KYIV REGION

The mobile operator Kyivstar has improved 4G geographical accessibility in 75 settlements of Kyiv region by installing new base towers operating at 900 MHz.
According to the Kyivstar press office, due to the construction of a new network, 14,000 inhabitants of small settlements of Polisky, Makariv, Ivankiv and Bila Tserkva districts of Kyiv region gained access to access to the high-speed mobile Internet services.
In order to increase the territory of the 4G network coverage in Kyiv region, the operator switched on 12 additional base stations operating at GSM-900 MHz.
Kyivstar also continues to increase its 4G coverage at the expense of other bands – 1800 MHz and 2600 MHz bands. Since the beginning of 2020, the operator has connected almost 6,000 settlements to high-speed mobile Internet using LTE technology.
During the time of developing LTE technology in Ukraine, access to high-speed mobile Internet from Kyivstar appeared in 15,000 settlements.

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NEW OFFER OF WAREHOUSES IN KYIV REGION IN 2020-2021 EXPECTED TO REACH 84,000 SQ M

The volume of new supply in the warehouse and logistics real estate market in Kyiv region by the end of 2021 is expected to reach 84,000 square meters, while the initiation of new projects can be expected in case of favorable macroeconomic conditions, given the increase in rental rates. “According to developers, in 2020-2021 an additional 84,000 square meters is to be commissioned in the market, among them the second stage of the Amtel warehouse complex (52,000 square meters, Amtel-Properties developer, the location is Boyarka, T-012), Mirage-3 warehouse complex (9,000 square meters, Mirage developer, the location is Hostomel, M-07/E-373), as well as SAN Factory 2 Storage Area Network (23,000 square meters, the developer is SkyLine Development, the location is Kyiv). At the same time, despite the short term for the implementation of warehouse construction projects, the initiation of new projects can be expected in case of favorable macroeconomic conditions vii taking into account the growth in rental rates,” CBRE Ukraine forecasts in a press release.
According to the report, by the end of 2019 Unilogic Park III is expected to be commissioned (22,000 square meters, the developer is MERX Group, the location is Brovary, M-01/E-95). According to the company’s experts, this will not have a significant impact on balancing the market with a new offer.
“In connection with the improvement of the economic situation, we expect a moderate growth in the warehouse real estate market. Thus, the growth of income and the value of existing warehouses is forecasted due to the limited supply of new products over the next 18 months and, as a result, growth in rental rates, given the further development of the economy and retail. As a result of outsourcing logistics and storage processes, as well as due to the growth of e-commerce, wholesale and retail companies, as well as logistics firms remain key players in the market,” the head of the department of warehouse and logistics real estate at CBRE Ukraine, Natalia Sokyrko, said.

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LLENTAB GROUP FROM SWEDEN BUILDS WAREHOUSE IN KYIV REGION

Llentab Group of Companies (Sweden), designer and manufacturer of multifunctional steel buildings, has completed building of the warehouse premises with a total area of 5,500 square meters in town of Baryshivka in Kyiv region. As the company reported on its website, the premises was built for the Dutch HatchTech incubation equipment producer. The warehouse is equipped with gates and reloading platforms with dock shelters.
The Llentab Group designs, manufactures and markets multifunctional steel buildings for a wide range of industries and purposes.
The parent company Llentab AB is headquartered in Kungshamn, Sweden. Llentab is currently present in seven European countries. LLENTAB operates in Sweden, Norway, Germany, Poland, the Czech Republic, Slovakia and Ukraine. Kyiv-based Llentab LLC was created in 2006.

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