Business news from Ukraine

8TH INTERNATIONAL CONFERENCE UKRCEMFOR 2019 WILL BE HELD IN KYIV ON MAY 28-29, 2019

The 8th International Conference UKRCEMFOR 2019. Cement industry. Best Practices. Prospects for Development with a focus on highlighting the important aspects of cement industry will take place on May 28-29, 2019 in the Champions Hall of the Olimpiyskiy NSC in Kyiv. Conference Organizer: UKRCEMENT Association of Cement Producers of Ukraine. Partners: Ivano-Frankivskcement, CRH, Dyckerhoff-Buzzi, Heidelberg, Eurocement, DALGAKIRAN COMPRESSOR UKRAINE, FLSmidth and industrial construction group KOVALSKA.
Conference is the largest cement industry event in Ukraine which biennially brings together about 300 high-ranking delegates of companies and organizations from more than 10 countries.
Сement industry remains a solid, stable and growing part of the national economy. Represented by 4 large international groups – CRH, Dyckerhoff-Buzzi, Heidelberg, Eurocement, and a strong Ukrainian company Ivano-Frankivskcement, the local cement industry is well balanced and grows sustainably for the third consecutive year.
UKRCEMFOR 2019 for the 8th time will become a unique communication platform with owners and managers of all cement companies of Ukraine, cement consumers, manufacturers of concrete and concrete mixtures, manufacturers of impurities in concrete, construction companies, trading companies, manufacturers of equipment for cement production, suppliers of services and materials, scientists, Ukrainian and international experts in the fields of economy, ecology, technology and quality, banks and funds investing in cement industry and construction, public sector.
Topics for discussion during the Conference:
– Current state and development trends of the cement industry: technology, equipment, and logistics
– Energy efficiency and ecology. Alternative fuels
– Cement-concrete technology and equipment in highways construction
– Standards and regulations in cement industry
– Quality and safety of construction materials
– Concrete, concrete products and equipment. City architecture and urban spaces
These and other topics to be discussed at the UKRCEMFOR 2019 between a solid body of delegates from within the industry, and panels of Ukrainian and international experts in economy, ecology, technologies and quality, as well as banking and finance.
Among the companies that have already confirmed their participation are: Thyssenkrupp Industrial Solutions AG, MC Bauchemie Ukraine, AUMUND Fördertechnik GmbH, GEOCON GmbH & Co. KG, Compressors International LLC, Schenck Process Ukraine, Schenck UK, Promtekhservis Ltd., Dalgakiran compressor Ukraine, Refratechnik Cement GmbH, IZOMAR-POLREF and others.
General Media Partners: TV Channel – PRYAMIY, Information Agency “Interfax Ukraine”, KORRESPONDENT magazine.
Media Partners: DENGI magazine, Prof Build, Cement International, Cement and its application magazine, ECOBUSINESS. Ecology of Enterprises, International Cement Review, Aspects of Construction, Commercial Property, Inventor and Rationalizer, Building Magazine, Concrete&Asphalt, Capital Construction, Construction Expert Newspaper, Build Portal, ProfiDOM, Industry in Focus, Gazeta.ua and Obozrevatel, Kiyv Post, National Industrial Portal.
Supported by: American Chamber of Commerce Ukraine, European Business Association, Ukraine International Chamber of Commerce, German-Ukrainian Chamber of Commerce and Industry, Confederation of builders of Ukraine, CEO URE CLUB, Taxpayers Association of Ukraine, The British Ukrainian Chamber of Commerce, Polish-Ukrainian Chamber of Commerce, Ukrainian Logistics Alliance.
Conference venue: the Champions Hall of the Olimpiyskiy NSC in Kyiv (Velyka Vasylkivska str. 55)
Participation is possible for TOP managers only. Registration is available till 12.00 PM May 26, 2019.
Online registration, agenda and other information are available at the Conference webpage: http://ukrcemfor.com/en
For embassies and media – free of charge (after confirmation). Participation is available for C-suite level representatives only.
Media accreditation by tel +38 044 383-07-22, +38 067 930-06-69, pradvice@ukr.net (contact person: Mila Shykota)

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ADIDAS-UKRAINE TO OPEN STORES AT RIVER MALL TRADE CENTER IN DARNYTSKY DISTRICT IN KYIV

Adidas-Ukraine has rented 600 square meters of space for two stores in the River Mall shopping and entertainment center being under construction in Darnytsky district in Kyiv.
The press service of the River Mall trade and entertainment center told the Interfax-Ukraine news agency the Adidas shop will be almost 412 square meters, the Reebok store will occupy 186 square meters.
Both stores will open in new concepts for Ukraine: the design of the Adidas store will be in accordance with the concept of Stadium, and Reebok in the FitHib 2.0. concept that is new for Europe.
The facilities will be located on the second floor of the River Mall shopping center in the area of sporting goods and panoramic elevators.
“The range of goods in the stores will include modern sportswear for professional sports and outdoor activities, a total of more than 300 items,” the company said.
Adidas-Ukraine was founded in 1996. It is engaged in the sale of goods for sports.
The owner of the company is Adidas AG (Germany).
The opening of the River Mall trade enter is scheduled for May 2019. The anchor tenants will be Inditex Group stores, a Silpo supermarket chain, a Planeta Kino cinema with IMAX, and a Papashon entertainment center. The specifics of the project will be a food court and an event area with an open terrace and a view of the Dnipro River.

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VACANCY OF SHOPPING CENTERS IN KYIV FALLS TO 2.8% IN Q1

The share of vacant space on the shopping centers market in Kyiv in January-March 2019 fell by 0.2 percentage points, to 2.8%, according to a study of CBRE Ukraine (Kyiv). “Despite the commissioning of new facilities, the average vacancy rate decreased by 0.2 percentage points from the beginning of the year and amounted to 2.8% of vacant premises,” the company said in the study.
According to the company, in January-March this year, rents for the best retail premises increased 7-16% and ranged from $80-110 per sq. m. a month. At the same time for other retail premises, the rates remained unchanged, at around $42-60 per sq. m. a month.
The volume of retail turnover in Kyiv in January-February 2019 (the latest available data) increased 6.9%, with a slowdown in consumer price index growth from 8.8% in February to 8.6% in March.
During this period new brands entered the retail real estate market, including Decathlon in Retail Park Petrivka, Claudie Pierlot and Weill in the shopping center Gulliver and Missha in the shopping center Lavina Mall. A new supply of shopping centers was presented by the Oasis shopping center and the Smart Plaza Obolon shopping center, which led to an increase in the total supply by 2.1%, to 1.13 million sq.m.

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UKRAINE PLANS TO PRESENT INVESTMENT PROJECT ON CONSTRUCTION OF ICE ARENA IN KYIV WORTH UAH 1.7 BLN

Ukraine at the Ukraine Reform Conference in Canada (Toronto) in July 2019 plans to present a government investment project on construction of an ice arena in Kyiv for UAH 1.68 billion, the Ministry of Economic Development and Trade of Ukraine has reported. The proposal was announced by First Deputy Prime Minister, Minister of Economic Development and Trade Stepan Kubiv at the meeting of the interdepartmental commission on the issues of the investment projects headed by him held at the end of April.
The commission supported his initiative to provide the first budget financing of the project now, rather than in July, as planned, in order to begin developing project documentation and have time to prepare a project presentation for the conference in Toronto.
According to the minutes of the meeting of the commission, the funding for this project from the national budget has not yet been provided.
The executor of the project is the state-owned enterprise central training sport base Ice Stadium. Its implementation is scheduled for 2019-2021, and in 2019, it is planned to allocate UAH 5 million.

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TAS GROUP BUYS PART OF ARENA CITY TRADE CENTER IN KYIV

Sergiy Tigipko’s TAS group of companies has bought part of the Arena City retail and office center at 1-3/2a Baseina Street in Kyiv. According to the NV Business edition, with reference to several sources, the group of Tigipko acquired the center with an area of 14,000 square meters for $13-15 million. The deal did not include several premises on the ground floor that were previously sold.
According to the source, Dmytro Firtash’ Group D, which owned the asset, put it up for sale in 2018 at the initial price of about $20 million.
According to Olha Nasonova, the director general of Restaurant Consulting company, rental rates for offices in Arena City can reach $25-30 per square meter, for food courts from $50 per square meter.
TAS Group was founded in 1998. It has assets in financial and industrial sectors, agriculture, real estate, pharmaceuticals, and venture projects.

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FOUNDER OF MANDARIN PLAZA WANTS TO BUY OCEAN PLAZA MALL IN KYIV

The founder of Mandarin Plaza company, investor and developer in Lavina, Blockbuster, Ocean Mall and other shopping centers, Vagif Aliyev, has said that he plans to acquire Ocean Plaza mall by autumn 2019.
“We are still negotiating. I think we will buy first phase of Ocean Plaza by the autumn… and connect with Ocean Mall shopping center. Therefore, please, those [shops] which are located in Ocean Plaza, please consider Blockbuster and Lavina, because I think I will buy it by the autumn. I will not leave any brand there [in Ocean Plaza shopping center], no matter what it is. I think all contracts will be terminated because we are moving systematically, and with this system we will go across Ukraine,” the businessman said during a closed-up tour for retailers at the Blockbuster Mall shopping center.
According to him, the opening of the first phase of the Blockbuster shopping center is scheduled for May 31, the launch of the second phase is planned for the autumn.
As reported, in February 2019, Board Chairman of Mandarin Plaza, developing the chain of shopping and entertainment centers Lavina, Blockbuster, Ocean Mall and others, Oleksandr Chernitsky told Interfax-Ukraine that the company is holding talks with TPS Real Estate on the acquisition of the Ocean Plaza mall.

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