Friday, November 19

The Kovel Educational Colony will be auctioned on December 7 with a starting price of UAH 41 mln.

 The State Property Fund (SPFU) will privatize the Kovel educational colony, which is located in the Volyn region. The asset includes 26 real estate assets, buildings with a total of 19,476 square meters. In addition to two land plots, which are 4.86 hectares. 70% of the proceeds from privatization will go to the construction of new and renovation of existing penal institutions and the remainder to the state budget, announced SPFU.

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Ukraine and the EU agreed on the next steps for the implementation of the Common Aviation Area Agreement and discussed the removal of barriers to trade.

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Grammarly is now valued at $13 bln after a new round of investment.

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The newly-elected Chancellor, Olaf Scholz, is ready to support Ukraine’s move towards EU membership. The coalition agreement of the new German government contains a clause stating its readiness to support Ukraine’s movement towards membership in the European Union. The agreement reads, “We will work together with the EU and its Member States to further develop the Eastern Partnership and a market economy. It is also noted that the German government will continue to assist Ukraine in restoring its full territorial integrity and sovereignty”.

A senior EBRD delegation is starting a week-long trip to Ukraine to meet with the country’s authorities and private sector companies. The delegation will include Alain Pilloux, the Vice President of Banking and in charge of Bank lending; and Mark Bowman, the Vice President for Policy and Partnerships.  The visit is to reconfirm the EBRD’s support for Ukraine, its reform agenda, and sustainable development. Discussions will focus on the decarbonization of the Ukrainian economy in line with the country’s updated Nationally Determined Contribution, the development of sustainable infrastructure, and the investment