Construction Ukraine - NEWS

Wyndham Hotel Group plans to build 15 Ramada Encore hotels throughout the Eastern European country of Ukraine over the next 10 years. Ukrainian Hotels LLC will franchise and manage the properties and initial development targets include the capital, Kiev, and cities with populations of more than 200,000. Wyndham said it seeks to make Ramada Encore hotels the mid-scale lodging leader in Ukraine’s key secondary cities within the next five to seven years. (Continue reading…)

XXI Century Investments Public Limited filed with the Kiev City Council for approval to build Kvadrat on Myloslavska shopping center. Kvadrat on Myloslavska is a two-level shopping and entertainment center in the “hypermarket-gallery” format with a food hypermarket, a gallery of shops, a multiplex, a recreation and entertainment area.

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According to official information of the Ukrainian Football Association, the matches in Ukraine will take place in Kiev (Olympic Stadium), Dnipropetrovsk (Dnepr Stadium) , Donetsk (Stadium) and Lviv (Ukraina Stadium); Kharkov and Odessa have, however, also been mentioned. In connection with the organization of EURO 2012, immense investments are awaiting Ukraine, especially in the areas of transportation infrastructure, sport and city infrastructure, accommodation and catering complexes, hospitals, energy supply networks, etc. (Continue reading…)

Nestle Ukraine starts construction of the new plant in village Smoligove in Volyn Oblast. Estimated cost of the project is 25M EURO, and total area of the facilities is 20 hectares.  (Continue reading…)

City of Kiev made a decision to build tunnel under river Dnepr from subway station Levoberehznaya to Pobeda (Victory) square. This decision let the City Council to approve program of the city’s infrastructure development for 2007-2011. Construction of the tunnel shall start in May 2009 and be accomplished in December 2012. Estimated cost of the project 2.51B UAH.  (Continue reading…)

Reportlinker.com announces that a new market research report World Construction Machinery Market is available in its catalogue.

Global demand for construction machinery is forecast to climb six percent per year to $130 billion in 2011. Product sales will be fueled by healthy economic growth, ongoing industrialization efforts, rising populations and higher standards of living in developing parts of the world, leading to substantial increases in construction spending. Mining production in mineral-rich developing countries will also expand as global economic conditions continue to improve, supporting overall construction equipment market gains. (Continue reading…)

City of Lviv sold on auction 0.26 hectares lot on Torfanaya St for 3.6M UHA. Local developer bought the lot for construction of 5 five-store building. City’s representative Igor Gumenchuk told that City is planning to sell more property on auctions in 2008. Details are not known yet, but The City will sell property for 50-55M UHA.  (Continue reading…)

EUROCONSTRUCT, the leading construction research network in Europe, presents twice a year detailed forecasts by sectors in 19 Euroconstruct countries based on a consolidated database. At the Vienna conference international experts discuss the future of the European construction markets until 2010 with special focus on Russia, Ukraine, Turkey, South-Eastern Europe as well as Middle East and Northern Africa. (Continue reading…)

Ukrainian real estate company XXI Century Investments Public Ltd said it has acquired two new projects in Ukraine — the Cherkasy Mixed-Use project and the Crimea Logistics Centre. The company said it has acquired the Cherkasy Mixed-Use project for about $2.5M. The project will include a Kvadrat shopping centre and a residential complex. Construction is scheduled to start in the fourth quarter of 2008 with the opening planned for the second half of 2010, the company said. (Continue reading…)

Kievgorstroy and Budmechanizatsiya (Construction Machinery Contractor) the owners of 30% of the SCEC(Special Construction–Erection Company) stake formed the Supervisory Board. The Supervisory Board was formed in November 14th, 2007. Ivan Naumenko (holder of 2.5%) was elected as chairmen of the board. (Continue reading…)