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.
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.
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.
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.
ICSC’s European Advisory Board has appointed new chair of ICSC’s Ukraine National Committee
E-administrative services launched in construction segment in Ukraine
Cabinet increases approval limit for construction projects to UAH 400 mln and over
Standard & Poor's confirmed negative outlook for long-term rating of Ukraine
Debt Deal Reached
Canada will grant 200,000 euros to Ukraine to support National Reforms Council