Kyiv is losing food retailers  |  09/03/2015

Ukrainian businessmen are getting rid of unprofitable assets. At least four food retail chains have already left Ukrainian market.

One of the largest quits is Smart-Holding Company, which belongs to Vadim Novinski a businessman from inner circle of the ex president of Ukraine. Mr. Novinski decided to stop expansion of its supermarket chain Amstor. The company has signed the agreement with other retailer Fozzy Group. According to the agreement the latter received all retail premises and started to reopen supermarkets under the brand Silpo.

ICSCs European Advisory Board has appointed new chair of ICSCs Ukraine National Committee  |  09/03/2015

The International Council of Shopping Centers’ (ICSC) European Nominations Committee has appointed Maksym Gavryushyn, Commercial Director at the Bud House Group (BHG) Ukraine, as Chair of ICSC’s Ukraine National Committee. Maksym Gavryushyn has also joined ICSC’s European Advisory Board chaired by Alexander Otto, CEO of ECE.

E-administrative services launched in construction segment in Ukraine  |  09/03/2015

Ukraine keeps on integrating E-Government to improve administrative services and make them available online. As of today the process is underway in the construction segment as well. The platform allows businesses and individuals to submit online applications, notification and declarations for preparatory and construction activities as required by the legislation. The service is available 24/7.

Cabinet increases approval limit for construction projects to UAH 400 mln and over  |  09/03/2015

As part of the decentralization of architectural and construction control, the Ukrainian government has reduced the number of construction projects it approves by increasing the cost of projects requiring approval by the Cabinet to UAH 400 million, while previously, the government approved projects worth Hr 100 million and above.

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