An Irish company invests €280M in a building materials plant in the Lviv region. The Kingspan Group will build a building materials production plant in the Murovans’ka AH (Lviv region). The company will invest €280M in constructing an innovative, sustainable building materia... #BuildingMaterials #investments #Ireland #Kingspan #Львів
Twice as many new residential complexes are being built in the Lviv region than in Kyiv. During the war, the undisputed leader in construction activity in Ukraine has been he Lviv region, where 35% of new buildings are being built. In the almost three years since the war began, constructi... #ApartmentUkraine #HousingConstruction #kyiv #RealEstateUkraine #Львів
Ukrainian retailers opened 2,279 stores in the first 10 months of the year. As of November 2024, 22,557 retail outlets in eight main retail sectors operated under the brands of the 110 members of the Ukrainian Retailers Association. The number of stores increased by 2,279 in ... #Dnipro #kyiv #Odesa #PharmaceuticalSector #retailUkraine #Львів
A Polish contractor will continue the construction of a waste recycling plant in Lviv with an annual capacity of 240,000 tons. Lviv municipal enterprise Green City signed an agreement with Polish contractor Control Process SA to continue the construction of a waste recycling plant in Lviv. The waste recycling project also rec... #ControlProcessSA #ebrd #GreenCity #Poland #WasteProcessingPlant #WasteRecycling #Львів
The investment direction in the real estate market has become more active in western Ukraine. As reported by Ukrainian real estate developer Avalon, in Lviv since 2022 the geography of buyers has significantly expanded, and about half of the transactions are made for investment purposes. This ... #Avalon #HousingSales #investments #RealEstateMarketUkraine #UkraineDevelopers #Львів
Alterra Group plans to build seven industrial parks after it completes one in Lviv. The development company Alterra Group, which is currently implementing the Formatsia.Lviv industrial park project, intends to build a network of seven such parks, the company’s top manager, Olen... #AlterraGroup #Formatsia #IndustrialPark #LuazMotors #Львів
Housing is becoming more expensive in Ukraine; developers have started new projects. In the third quarter of 2024, prices for residential real estate in Ukraine, compared to the same period in 2023, increased by an average of 11.7%. Prices for apartments on the primary market increase... #HousingConstruction #HousingSales #kyiv #PrimaryHousing #RealEstateMarketUkraine #SecondaryMarket #Львів
How have relocated Ukrainian businesses affected their new regions financially? Since the beginning of the full-scale war in Ukraine, an enterprise relocation program has existed. For the regions where these companies have moved, this means additional jobs and tax revenue. Accord... #BusinessRelocation #kyiv #TaxesUkraine #UkraineEconomy #Zakarpattia #Львів
Ukraine’s western regions have the most investment activity in the construction sector. In 2024, the Western regions continued their leadership in the Ukrainian construction market in terms of investment flows, the amount of new housing construction, and price growth. For almost three ye... #ConstructionUkraine #HousingConstruction #investments #kyiv #RealEstateMarketUkraine #Transcarpathia #Львів
How has Ukraine’s real estate market overcome three years of war? According to LUN Development Director Olena Unanyan, in the pre-war year 2021 there was an active post-COVID period when the prices were rising, developers were actively launching projects, and apartm... #HousingSales #kyiv #lun #RealEstateUkraine #UkraineDevelopers #Львів
In the business centers of Lviv, rental rates have fallen sharply; in Kyiv, prices are holding. Business centers in Lviv are going through difficult times in the third year of the war, and vacancy rates have increased to 34%. Falling rental demand has led to a 21% drop in prices year-on-year to ... #BusinessCenters #CommercialRealEstate #kyiv #KyivOfficeRental #officeRealEstate #Львів
The price of real estate on the primary market is rising despite low demand. The key problem of the primary real estate market is the drop in demand: Ukrainians postpone the purchase of housing until victory if there is no extreme need for it. Also, buyers now prefer the secon... #HousingSales #kyiv #PrimaryHousing #RealEstateUkraine #Uzhhorod #Львів
Over the last two years, small-scale privatization has replenished the Ukrainian budget by almost ₴10B. In the two years since the restoration of small-scale privatization, the State Property Fund has held 839 successful online auctions, which have provided ₴6.65B in direct revenue to Ukraine. As specif... #kyiv #Odesa #PrivatizationUkraine #SPFU #UkraineBudget #Львів
Which regions of Ukraine provide the greatest tourism profits? In the first half of 2024, the tourism sector achieved a net income of ₴5.8B, almost 29% (in nominal terms) higher than the results for the same period in 2023. According to experts, such an increase ... #IvanoFrankivsk #kyiv #UkraineEconomy #UkraineTourism #Львів
OKKO starts construction of an all-season ski resort worth $1.5B. The largest gas station network in Ukraine, OKKO Group, is building an all-season mountain resort, the GORO Mountain Resort in the Lviv region. Construction was planned to begin in the spring of 2022,... #GOROMountainResort #investments #okko #SkiResorts #Львів
The Land Bank reports on the latest auctions in the Volyn, Lviv, and Cherkasy regions: Prices have increased by 600-700%. At the end of last week, the state conducted seven auctions to sublease state agricultural land in the Volyn, Lviv, and Cherkasy regions, with a total area of 670.6 hectares. The Land Bank reports t... #AgroLand #Cherkasy #FarmLandSale #UkraineLandBank #VolynRegion #Львів
Analysts summarize September’s results for Ukraine’s real estate market. According to the experts, two new buildings in the Lviv region and one in the Kyiv region were commissioned in September. The average cost per square meter in dollar equivalent increased by 1-6%, depe... #HousingSales #kyiv #PrimaryHousing #RealEstateUkraine #SecondaryMarket #Львів
Real estate developers in Ukraine opened sales in almost 500 new residential complexes during the war. Primary housing market dynamics are currently showing growth after their collapse in the first year of the war when the pace of construction fell by an average of 65%. Since the beginning of the full-... #HousingSales #kyiv #Odesa #PrimaryHousing #RealEstateUkraine #Львів
Ukrainians are taking out mortgages more actively: Banks are issuing ₴1.2B monthly in loans. Ukrainian banks issued 694 mortgage loans for a total amount of ₴1.2B in July, which is ₴200M ($5M) more than in June, the National Bank reports. The volume of consumer mortgage loans issued in July 2... #AffordableLoans #eOselya #kyiv #MortgageProgram #MortgagesUkraine #Львів
The second Russian attack on a civilian city in as many days has killed seven people: Biden condemns the raid but still does not want Ukraine to strike Russian territories. After the missile attack on Poltava on September 3, Russia carried out an air raid on Lviv the next day. As a result of this attack, seven people died, including three children, and another 53 were in... #JoeBiden #Poltava #RussianAggression #RussianAttackonUkraine #WarinUkraine #Львів
Entrepreneurs note a satisfactory business climate only in the west of Ukraine. Business conditions in other regions of Ukraine are assessed by companies as difficult, and only in the Western region do most entrepreneurs consider them satisfactory, according to a survey by the Eu... #BusinessExpectation #Kharkiv #MobilizationUkraine #UkraineBusinessActivity #UkraineEconomy #ukrainianbusiness #Львів
New industrial parks will create 4,500 jobs in three regions of Ukraine. Three new industrial parks will be constructed in the Volyn, Lviv, and Ivano-Frankivsk regions. Since the beginning of the year, 16 new industrial parks have already been included in the register. Thi... #IndustrialPark #InvestmentsinUkraine #IvanoFrankivsk #UkraineEconomy #VolynRegion #Львів
Tobacco company Philip Morris International has opened a new $30M factory in the Lviv region. The first production line at the new factory was launched in May, and four more will be put into operation by the end of the year, which will increase the factory’s production capacity to 10 billion c... #BusinessDevelopment #BusinessRelocation #investments #PhilipMorris #PhilipMorrisUkraine #TobaccoMarketUkraine #Львів
A new asphalt concrete plant was built in the Lviv region. An asphalt concrete plant with a capacity of 120 tons of asphalt per hour was built in the Dobrotvirsky community in the Lviv region, announced the Lviv administration. The plant was built by the Ukr... #asphaltplant #Kredmash #LvivRegion #Львів
Lviv becomes the IT capital of Ukraine. Lviv and the surrounding region have become the main point of relocation for Ukrainian technology companies. Before the war, the city was third in terms of technology workers after Kyiv and Kharkiv, ... #ITmovetoKyiv #ITukraine #LvivITcluster #Львів
International travel retailer will open Duty Free stores at Lviv International Airport. BF&GH Travel Retail will open stores at the Halytsky International Airport in Lviv. The five-year contract for leasing premises with a total area of 860 square meters has already been signed. In-s... #DutyFreeLviv #DutyFreeopening #Львів
Distillery in the Lviv region sold 16 times more than the starting price. At the privatization auction for the sale of property of Vuzlivsky MTD in the Lviv region, the price increased from the starting UAH 21 mln ($772,000) to UAH 333 mln ($12.2 mln), (Prozorro.Sale). The ... #LvivDistillery #privatization #Prozorrosales #Львів
Construction of an industrial park has commenced in Lviv. Sparrow Capital Investment has laid the foundation of the park. “The project, which aims to build 100,000 square meters will be a boost to the local economy, employment in the region, the investors in... #IndustrialParkUkraine #Lvivconstruction #LvivIndustrialpark #SparrowCapital #Львів
