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Friday, April 9, 2021
ATB supermarket chain plans to invest $410 million in its expansion in the Ukrainian market this year,

said Boris Markov, ATB General Director, in a company press release. Claiming to be Ukraine’s fastest growing supermarket chain, ATB said that it invested $370 million in its expansion during 2020, opening 127 new stores. Its retail network extends to all 24 regions of Ukraine, and ATB has a total of 1,216 stores in 313 towns and cities. The company has estimated that 4 million Ukrainians – more than 10% of Ukraine’s adults population – shop at ATB.

Friday, April 9, 2021
Poland’s BGK Bank has agreed to fund 60% of the first phase of Lviv’s Innovation District IT Park,

the technology park has reported. The State-owned Bank, Gospodarstwa Krajowego, will loan €81.5 million for the €136 million first phase of development. With a first phase expected to be completed by of end 2023, the general contractor will be Unibep, one of Poland’s largest construction companies. Spreading over a 10-hectare site which is located 4 km south of Rynok Square, the Park will feature research laboratories and offices for 10,000 IT workers and students. Companies that have already reserved space include: GlobalLogic, N-iX, Intellias, SoftServe and Perfectial.

Thursday, April 8, 2021
The state-owned Ukrainian Danube Shipping Company is pursuing a $200 million ship investment program that would allow it to increase its capacity to carry 4 million tons of cargo on the Dnipro

, a 40% increase over the river’s 2019 cargo level. In a first step, the parent agency, the Infrastructure Ministry, has endorsed the Danube Shipping’s plan to build 16 tugs and 31 barges for use on the Dnipro. The Ministry also promised to transfer to the company its river ports and terminals. Danube Shipping is in negotiations with the EBRD and other international financial institutions to secure low interest financing. By replacing trucks on the highways, river transportation bonds and loans often are considered ‘green.’

Thursday, April 8, 2021
The company is building five river-sea patrol boats under contract with France’s OCEA,

said the French Ambassador to Ukraine, Etienne de Poncins. The first of the aluminum, high speed boats is to be delivered by the end of 2021. The Nibulon contract is part of a 20-boat, €136 million deal that is 85% financed by the French Treasury and Bpifrance, the state-owned investment bank.

Thursday, April 8, 2021
This summer, the Rada is to approve creating a fund to pay for the government’s multi-billion dollar plan to renovate the Dnipro locks — and to triple river cargo,

to 30 million tons a year, Infrastructure Minister Krikliy said at a recent meeting the European Business Association. The State Fund for Inland Waterways is modeled on the three-year-old Ukrainian State Road Fund, which draws on user fees to guarantee money for road repair and construction.

Thursday, April 8, 2021
This summer work starts on a $66 million program to upgrade Bila Tserkva airport into an international air cargo center,

reported Interfax-Ukraine. Located 80 km southwest of Kyiv’s Ring Road, Bila Tservka is to win a multimodal cargo complex, a passenger terminal, hangars for an aircraft maintenance center, runway repairs and new lights and radio equipment for landings. Work is underway to upgrade the former military airfield to international status.

Wednesday, April 7, 2021
Beyond “ensuring Qatar’s food security,” Ukraine is discussing using Qatar as a logistics hub to supply food to the region,

said Ihor Zhovkva, Deputy Presidential Chief of staff, (Ukrinform). Reviewing President Zelenskiy’s one day visit to Doha Monday, Zhovkva said: “During the talks, the leaders discussed the possibility of using Qatar’s logistics network to supply Ukrainian food to other countries in the region.” Doha’s Hamad Port and Hamad International Airport are amongst the busiest in the Gulf. President Zelenskiy also encouraged expanding flight connections beyond the current lone flight — Qatar Airways between Doha and Kyiv Boryspil.

Wednesday, April 7, 2021
The total value of mergers and acquisitions in Ukraine in 2020 dropped by 62%, falling below $1 billion.

The number of M&A deals was 69, down 15% in comparison to 2019, according to a report issued yesterday by KPMG. Although deals are off to a slow start this year, the report predicts: “Momentum will really start to build up in the second half of the year, with a brighter outlook beyond this.” The four main sectors are: IT, agriculture, real estate, and infrastructure.

Wednesday, April 7, 2021
Boycotting Belarusian buses,

Lviv Mayor Andriy Sadovyi says he will not accept the results of a European Investment Bank tender that awards the contract for 100 buses to MAZ, the Belarus company. “We have no right to finance the regime,” he said, referring to widespread popular resistance to self-appointed ruler Alexander Lukashenko. “We have Ukrainian producers who need support.” Ukraine’s big bus manufacturers are Bogdan, Etalon, and Lviv’s Electron. “Why is this important?” asks Sadovyi. “Ukraine needs 30,000 units of public transport — billions of hryvnias and tens of thousands of jobs that will remain in Ukraine.”

Tuesday, April 6, 2021
Qatar’s state-owned Nebras Power signed an agreement with UDP Renewables to invest in Ukrainian solar plants

 which are planned for construction by the end of 2022. At the end of the investment cycle, Nebras will become owner of a controlling stake in the plants.