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UCPIH Ltd, part of the Dragon Capital group of companies, received an offer for a guarantee of $10M for ten years from the World Bank’s Investment Guarantee Agency (MIGA) for investments in Lviv Industrial Park M10. However, the warranty has not yet been approved. It should be noted that last year MIGA allocated $30M to Ukraine to implement a pilot project for investment insurance. In February this year, it was announced that MIGA would provide up to $200M in trade

 Dragon Capital lowered its forecast for the Ukrainian economy, predicting a 32% y/y decline at the end of 2022 and expects the economy to fall 5% y/y next year, reported the company’s press service. The negative impact on Ukraine’s economy from power outages resulting from Russia’s shelling of energy infrastructure facilities has been moderate. According to the company, the shelling is likely to continue, and increased demand for winter electricity will increase the scale and duration of winter blackouts. Due

One of the buildings at the West Gate Logistic complex in the Kyiv region has been restored after it was destroyed during military operations, stated Dragon Capital. The surviving building, with an area of ​​7,700 square meters, was damaged during the war on the Zhytomyr highway in the Stoyanka area and has now been restored and rented out. “Out of the total portfolio of warehouse real estate, three objects out of eleven were destroyed (116,000 out of 391,000 square meters),

The EBRD will finance Dragon Capital Investments Ltd in its development and management of industrial and logistics real estate. The decision to allocate funding to the EBRD Board of Directors will be made on January 12, 2022.

Using the application will make it possible to invest in shares of foreign companies, exchange-traded funds (ETF), cryptocurrency, and domestic government bonds. “The idea of Multi Invest is to make investments available to everyone. Thanks to the intuitive interface and prompts, users can start investing with Multi Invest”, said Sergey Vinderskikh, the Co-founder and Head of Fintech Product at Treeum. The Multi Invest app plans to combine all types of investments that can be managed on the phone. The launch

The first stage of M10 Lviv Industrial Park in Lviv will be completed in the third quarter of 2022, reported the company’s press office The total area of the warehouse complex on a 2.7-hectare site will be 14,400 square meters. This will be part of an overall concept to develop six warehouse and industrial premises with a total area of 140,000 square meters, in an industrial park.

They will develop Unex-Bank as a separate business, as an independent universal bank, which will service both retail clients, and those in the corporate sector, namely SMEs, said the founder of Dragon Capital, Tomas Fiala.

The A-class business center is located in downtown Lviv, at the intersection of Zelena and Pymonenko in the Sykhiv district. The total area of 18,766 square meters and parking for 102 vehicles. “This is our second business center in Lviv and the 14th in Dragon Capital’s office real estate portfolio in Ukraine,” said CEO of Dragon Capital, Tomas Fiala.

Dragon Capital’s CEO, Tomas Fiala, says this is due to unexpectedly worse than expected preliminary GDP data for the second quarter of this year. Surprisingly, wholesale trade fell to 5.7% in the first half of the year from 3.0% in the first quarter. In mid-July, the investment company had already lowered the forecast for the growth of the Ukrainian economy this year from 5.3% to 4.6%. Next year’s estimate of real GDP growth remains unchanged at 4.3%.

Fiala named Russia as risk number one to the Ukrainian economy. The second, a possible deterioration in the commodity and financial markets. Third, a rollback in the reforms. He recalled that since 2014, all business associations have been convincing the Ukrainian government of the need to create a new non-corrupt and professional law enforcement agency instead of the tax police, the Economic Crime Department in the Ministry of Internal Affairs, and the “K” Department in the State Security Service. Instead,

and another increase to 8% at the Central Bank’s Monetary Policy Board’s June 17 meeting. In a note to clients, Dragon predicts that inflation will peak in June at 9.8% and will end the year at 7.5%.

Oleksiy Chernyshov, Minister for Community and Territorial Development, says according the government website. The announcement came at a meeting with Dragon Capital, which is building two industrial parks. The Ministry will spend almost $3 million this year on industrial parks, 10 times the amount spent in the last five years. By definition, an industrial park can contain factories, ports, warehouses.

one in Brovary and one in Kharkiv. Last July, Grand Business Center became Kyiv’s first office building to receive a sustainability certificate under the Building Research Establishment Environmental Assessment Method, or BREEAM, an internationally recognized environmental rating system. A 15-story Class A office center, with 9,000 square meters of leasable space, Grand Business stands at Vasylkivska 98, across from the St. Nicholas Roman Catholic Cathedral. By the end of this year, Dragon intends to have eight buildings in Ukraine certified

Ukrgazbank, a state-owned bank, reports that since July it has made $16 million worth of low interest mortgages to 548 people. Half of the mortgages are for under 10%. For dachas, or secondary homes, the bank offers 20-year loans under these conditions: fixed for the first two years at 9.9%, then fixed for the next 18 years at 12.99%.

Despite tight border controls imposed during last spring’s coronavirus lockdown, remittances from Ukrainians working outside the country increased by 2% last year, to $12.1 billion, according to data from the National Bank of Ukraine. Transfers through banks increased by 24%, to $4.7 billion. Another $2.7 billion came in through international payment systems. Informal channels – through relatives, friends and bus drivers – decreased, probably due to difficulties crossing borders.

Worker migration remains strong to Poland, a country that suffered one of the EU’s smallest GDP drops in 2020 — an estimated 2.7%. During 2020, the number of foreigners officially working in Poland increased by 8%, to 725,000, according to Poland’s Social Insurance Institution, or ZUS. Of these, Ukrainians account for 73%. In an international appeal Monday, Poland’s Education Ministry listed the five most needed professions: roofer, locksmith, road worker, software engineer and automation specialist. An article on the appeal

Ukraine’s economy will rebound sharply to 10% growth yoy in the second quarter of 2021, breaking five successive quarters of decline, according to a Reuters poll of 12 Ukrainian analysts. The median forecast of analysts has the GDP shrinking by 0.5% yoy in January-March, but then growing by 10.2% in April-June. The sharp rebound comes from a low base: in the second quarter of last year, strict coronavirus controls forced the economy to shrink by 11.4%. If the government does

Ukraine aims to vaccinate against Covid-19 the most vulnerable half of its population over the next year, President Zelenskiy told a forum in Kyiv yesterday, “Ukraine 30. Coronavirus: Challenges and Responses.” “We have agreed to supply vaccines to Ukraine from Pfizer, Sinovac, AstraZeneca and Novavax companies,” the President said. “The first stage of vaccination will begin this month,” he said, adding that one million vaccines are to arrive from Pfizer in coming days.

The European Investment Bank is loaning €50 million to Ukraine to help pay for vaccines, refrigeration equipment and logistics, Ihor Ivaschenko, Deputy Health Minister, told reporters at the forum. Zelenskiy said the number of new infections reported daily has dropped by two thirds in recent weeks.

People who are vaccinated or who have recovered from Covid will be exempt from quarantine restrictions, Zelenskiy said, without elaborating. “Lack of faith in vaccination, refusal to vaccinate by a significant part of the population” is “very serious issue,” Zelenskiy said. He said he would lead by example by taking the jab on TV.