Business news from Ukraine

UKRAINIAN RDS GROUP READY TO PROVIDE 850 JOBS

The RDS group of road construction companies is ready to provide 850 jobs to Ukrainians returning from abroad, as well as to all people who have lost their jobs due to the COVID-19 pandemic, co-owner of the group Yuriy Shumakher has said.
“Our team has more than 1,200 employees. And we will be glad to welcome about 850 new specialists to work in eight regions of Ukraine, where we build roads and important infrastructure facilities,” he told Interfax-Ukraine.
According to him, the coronavirus not only threatens the health of people, it also robs them of their work, confidence in the future.
“The construction industry is not quarantined! And we want to provide jobs for those who need it most,” he said.
The Ukrainian group of companies RDS includes Kyivshliakhbud and Rostdorstroy. Its core business is construction, modernization and maintenance of roads and bridges, construction of airfield complexes.
The company is building concrete road H-14 Kropyvnytsky-Mykolaiv. As part of the reconstruction of the H-31 Dnipro-Reshetylivka highway in Poltava region, RDS is building an overpass over the railway and the section of the first concrete road in Ukraine. In 2019, the company won a World Bank tender for work on the first category highway M-03 Kyiv-Kharkiv-Dovzhansky.
As of April 2020, the company operates in eight regions of Ukraine and has ten production facilities.
The ultimate beneficial owners of RDS are Ukrainian citizens Yuriy Shumakher and Yevhen Konovalov.

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GERMANY TO PROVIDE EUR 85 MLN AID TO UKRAINE

Representatives of the Ukrainian government and Germany have signed an intergovernmental agreement on the provision of EU 84.8 million for technical and financial assistance projects to Ukraine, Ukrainian Ambassador in Germany Andriy Melnyk has said. “We have signed the Ukrainian-German intergovernmental protocol on the provision of EUR 84.8 million to Ukraine for technical and financial assistance projects in Berlin,” he wrote in his twitter microblog.

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