Business news from Ukraine

PRIVATE HOUSES IN SUBURBS OF KYIV, KHARKIV, ODESA, DNIPRO AND LVIV FROM JULY TO SEPT INCREASE IN PRICE

Private houses in the suburbs of Kyiv, Kharkiv, Odesa, Dnipro and Lviv from July to September 2021 have risen in price by an average of 3-5%, President of the Association of Real Estate Specialists (Realtors) of Ukraine Yuriy Pita has told Interfax-Ukraine. “Over the past three months, a slowdown in the growth rate of their cost has been observed in the market for private estates. At the moment, the demand for private houses has been met by almost 90%,” Pita said. According to him, houses with an area of up to 150 square meters, located in the near suburbs (up to 20 km) of million-plus cities, were actively getting more expensive. The cost of other properties in the third quarter increased insignificantly, within 2.5-3%.
According to the association, a gradual decrease in the demand has been observed since the second half of this year: from July to September, the number of potential buyers decreased by 10%.
“Gradually, the supply begins to prevail over the existing demand, this is a significant factor for pricing in the segment of private houses,” the specialist said.
According to him, by the end of the year the price situation in the segment of private estates will remain stable with insignificant price fluctuations within 1.5% for small houses.
“According to the forecasts of the association, the cost of private houses is the ceiling for the existing demand. And further price increases will not be economically justified. Price stability may last until April 2022,” he said.
According to Pita, prices of land plots for private development in the third quarter increased by an average of 5%. At the same time, more than 60% of the demand is concentrated on plots with an area of 8-15 acres with supplied communications in picturesque locations at a distance of up to 20 km from the city limits. The demand for plots for construction of cottage townships remains stable, but here the choice of options is not very large, the expert notes.
He believes that price stability in the segment of land plots can hold out at least until April 2022, the start of a new active season.

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SPORTS PLAYERS FROM TEN COUNTRIES COMPETE FOR EIGHT SETS OF AWARDS AT SQUASH TOURNAMENT IN ODESA

The 11th international squash championship “Zenit Black Sea Open 2021” took place in Odesa. The competition was attended by players from England, Australia, Germany, Wales, Egypt, Romania, the United States, Moldova, Belarus and other countries, as well as sportsmen from Kyiv, Lviv, Kharkiv, Dnipro, Khmelnytsky, Poltava, Kherson, Odesa.

The winner in the PRO category among men (the main category of the tournament) was squash player from Egypt Ahmed Mohamed, and among women in the PRO category the first place was taken by Anastasiya Kostiukova from Ukraine.

The tournament had been held for four days on the courts of the SPORT LIFE fitness center.

The organizers of the tournament, Dmytro Scherbakov and Maksim Urakin, previously stated the need to popularize squash in particular and sports in general through organizing tournaments and attracting Ukrainian business to support sports. The main goal of the tournament, according to the organizers, was to strengthen sports and cultural ties between the countries and sports players, to popularize and develop squash in Ukraine, as well as to improve the skill level of young squash players.

Some 150 participants competed for awards in eight categories. The winners of the competition became:

Men (PRO Category):

First place – Ahmed Mohamed (Egypt);

Second place – Clegg David (Australia);

Third place – Dmytro Scherbakov Jr. (Ukraine).

Women (PRO Category):

First place – Anastasiya Kostiukova (Ukraine);

Second place – Sofiya Zrazhevska (Ukraine);

Third place – Olga Khmelevskaya (Belarus).

Men (Amateurs category):

First place – Oleksiy Alekseyenko (Ukraine);

Second place – Jack Lake (England);

Third place – Yevhen Popko (Ukraine).

Men (Category 40+):

First place – Kostiantyn Rybalchenko (Ukraine);

Second place – Tymofiy Zheludkov (Ukraine);

Third place – Thornton Ben (England).

Men (Category 45+):

First place – Viktor Kovalchuk (Ukraine);

Second place – Oleksandr Kostevych (Ukraine);

Third place – Dmytro Baluta (Ukraine).

Women (Amateurs category):

First place – Olha Zadorozhna (Ukraine);

Second place – Maryana Batrshina (Ukraine);

Third place – Valentyna Khomovska (Ukraine).

Youth tournament (Category BU-15):

First place – Roman Shkarupylo (Ukraine);

Second place – Artem Panchenko (Ukraine);

Third place – Danylo Kuryliak (Ukraine).

Category GU-15:

First place – Anastasiya Krykun (Ukraine);

Second place – Yelyzaveta Suprun (Ukraine);

Third place – Khrystyna Beheba (Ukraine).

Tournament organizers and sponsors:

Zenit Black Sea Open is the largest international squash tournament in the history of independent Ukraine. The scale of the championship is demonstrated both by the number of countries and participants, and by the large number of organizations involved in the preparation and holding of competitions.

The main organizer and fitness partner of the event was traditionally the national chain of fitness centers number one “Sport Life,” as well as the MaxEvents company.

The title sponsor was the SOCAR fuel and energy company.

The championship is sponsored by SOLARIS AGROLUX, TecnifibreReima.

Official beer of the tournament is from TERMOPUB.

Official wine partner is SHABO.

The partner of the party and the hotel of the tournament is Premier Hotel Odesa.

The medical partner of the championship is the Adonis medical group.

The fruit partner is USPA fruit.

The main media partner of the tournament is Interfax-Ukraine.

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INTERNATIONAL SQUASH TOURNAMENT IN ODESA TO GATHER 150 ATHLETES FROM OVER TEN COUNTRIES

The 11th International Squash Championship “Zenit Black Sea Open 2021” will take place in Odessa from August 19 to August 22, 2021. The venue will be the SPORT LIFE fitness center at 2 Heavenly Hundred Avenue. The competition will be held with the assistance of the Squash Federation.

In four days of the tournament, some 150 participants will compete for awards in eight categories:

Men – PRO, Amateurs, M40+ and M45+,

Women – PRO and Amateurs,

Juniors – boys and girls under the age of 15.

Organizer of the tournament Dmytro Scherbakov said the main goal of the tournament is to strengthen sports ties between countries and athletes in post COVID-19 period, to develop squash in Ukraine, and to increase the skill level of young squash players.

Co-organizer of the Zenit Black Sea Open 2021 tournament Maksym Urakin said that physical culture and sports in our country need the support from both the government and benefactors.

“The government has almost removed from the development of targeted programs of sports support, we thank our partners and businessmen benefactors for their assistance; athletes and sections, and, therefore, sports of the highest achievements, cannot do without the synergy of the government and business,” Urakin said.

Players from England, Australia, Germany, Wales, Egypt, Romania, the United States, Moldova, Belarus, other countries, as well as athletes from Kyiv, Lviv, Kharkiv, Dnipro, Khmelnytsky, Poltava, Kherson and Odesa will participate in the competition.

The tournament is scheduled to open on Thursday, August 19, and the award ceremony will take place on Sunday, August 22, at the five-star Premier Hotel Odesa.

Zenit Black Sea Open is the largest international squash tournament in the history of independent Ukraine. The scale of the championship is demonstrated both by the number of countries and participants, and by the large number of organizations involved in the preparation and holding of competitions.

The main organizer and fitness partner of the event was traditionally the national chain of fitness centers number one “Sport Life,” as well as the MaxEvents company.

The title sponsor was the SOCAR fuel and energy company.

The championship are sponsored by SOLARIS AGROLUX, TecnifibreReima.

Official beer of the tournament is from TERMOPUB.

Official wine partner is SHABO.

The partner of the party and the hotel of the tournament is Premier Hotel Odesa.

The medical partner of the championship is the ADONIS medical group.

The fruit partner is USPA fruit.

The main media partner of the tournament is Interfax-Ukraine.

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CONFERENCE “IMPORTANCE OF CITY’S LONG-TERM STRATEGY IN URBANIZATION ERA: ODESA EXAMPLE” TO TAKE PLACE IN KIEV

On Tuesday, August 3, at 10.00, the press center of the Interfax-Ukraine news agency will host a press conference entitled “Importance of city’s long-term strategy in urbanization era: Odesa example.” Participants include futurologist, founder of the Center for Economic Recovery Andriy Dlihach, Odesa entrepreneur, founder of Odesa Business Club Dmytro Kavzachynsky, Head of the Association of Sustainable Development Leaders Olena Zubareva (8/5a Reitarska Street). The broadcast will be available on the YouTube channel of Interfax-Ukraine. Due to quarantine restrictions, the number of seats in the press center is limited. Admission of journalists requires registration on the spot.

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UKRAINIAN CITIES ODESA, LVIV, NOVOMOSKOVSK, KHMELNYTSKY ATTRACT UAH 1.55 BLN LOANS

The city of Odesa in June this year attracted five-year loans from the state-owned Oschadbank, Ukreximbank and Ukrgasbank for a total of UAH 1.2 billion, and the cities of Lviv, Novomoskovsk and Khmelnytsky – three more five-year loans for UAH 350 million.
According to the information of the Ministry of Finance on its website, apart from Khmelnytsky, all loans were obtained at a floating rate pegged to the key policy rate of the National Bank of Ukraine.
In the case of Odesa, the loan price was the NBU key policy rate + 4.5%: Oschadbank and Ukreximbank each allocated UAH 450 million, and Ukrgasbank – UAH 300 million.
Lviv managed to attract funds the cheapest of all – UAH 220 million from Ukrgasbank at the NBU key policy rate + 2.5%, while the smaller city – Novomoskovsk (Dnipropetrovsk region) raised UAH 70 million from Ukreximbank at the NBU key policy rate + 5.3%.
Khmelnytsky was able to get UAH 60 million from Ukrgasbank at 11.9%.

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WIZZ AIR STARTS FLIGHTS ABU DHABI-ODESA

Wizz Air Abu Dhabi has opened sales for the Abu Dhabi-Odesa flight, which will be launched in September, Director of Odesa International Airport Volodymyr Semenchenko has reported.
“There were companies that paused the approach to Odesa. The opening of a new runway will activate the process. Wizz Air Abu Dhabi has already opened sales to Odesa since September,” Semenchenko said during the ceremony of opening the new runway.
According to him, the flights will be operated by Airbus 321neo aircraft.
“There are several more companies with which we have signed contracts, but it is too early to announce them,” the director said.
Wizz Air Abu Dhabi low cost airline is based in the UAE and is a joint venture between state-owned ADQ and Hungary’s Wizz Air Holdings plc.

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