CONSTRUCTION UKRAINE |
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CMO-Construction Machinery Overview is a source of information about construction equipment for the Ukrainian construction market. |
We would like to serve also English reading audience that could be interested to know more about the Ukrainian construction market. Please find brief news translated form Ukrainian. |
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Construction Ukraine - News |
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Construction Ukraine - November 2005 |
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| Last updated 11/28/2005 | |||
Conference - Ivano-Frankovsk region. Investment opportunities. |
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Conference - Ivano-Frankovsk region. Investment opportunities took place in November 25-26, 2005 in Ivano-Frankovsk (Western Ukraine). Conference was held under support of Ivano-Frankovsk Region State Administration and Ivano-Frankovsk City Council with the goal to discover investment opportunities in the region. General conference partner was DLA Pіper Rudnick Gray Cary and the Conference Organizer was RMS Ukraine. One of the highlights of the conference was presentation of Claudio Pasquale - CEO of “Cerin-Story”. In particular, Mr.. Pasquale announced that Cerin Group will invest 2.5M EURO in construction equipment and machinery as well as other organizational needs of newly born “Cerin-Story” construction company. The target of the Italian company is to reach 22M EURO in revenue in residential construction in Western Ukrainian cities of Lvov, Ternopol, and Ivano-Frankovsk. Italian Company “Cerin” started its lumber production activities in Western Ukraine in 2000. |
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Ivano-Frankovsk http://www.mvk.if.ua/ |
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11/28/2005 |
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Construction in Ukraine Declined if Compare to the Same Period of Time in 2004. |
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In
August, September, and October construction is down if compare to the same
period of time last year. Construction in Kiev makes 28.8% of all construction in the Country. Despite of overall decline construction in Kiev grew 8-9% if compare to the same period of time last year. |
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11/26/2005 |
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Golf Construction Projects in Ukraine. |
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Ukrainian Golf Federation and one of the first Ukrainian commercial banks INTERCONTINENTBANK are planning to build two gulf clubs. They are looking for 80 hectares lots with a beautiful site view. INTERCONTINENTBANK is ready to spend up to $5M for each of two golf construction projects. |
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11/23/2005 |
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European Company Looks to Build Minimill in Ukraine. |
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Euro Finance, which controls six Ukrainian scrap metal collection companies, is planning to invest $300 million to build a steel minimill in the Kiev region of Ukraine. The annual capacity of the new facility is expected to be 1million metric tons of steel. "The project of the mini plant is a natural movement towards vertical integration so that in the future, scrap metal recycling could earn fair money," says Valentyn Makarenko, vice president of Euro Finance. The company hopes to break ground on the project next year, with completion by 2008. According to a report in Global Trade Review, equipment to be installed at the facility will include an electric arc furnace, a stove-basket, a continuous casting plant, and a rolling mill. The article continued, noting that the company already has had some discussions with a number of other Ukrainian metal producers – opened JSC Silur (Khartsyzsk, Donetsk region) and opened JSC Stalkanat (Odesa), Makarenko says. "I think we'll find a common language so that they do not import rolled wire, but buy it in Ukraine," Makarenko adds. The company will directly work with domestic consumers, including construction firms. Euro Finance was founded in 2004 by Swiss Euro Steel Holdings and owns controlling stakes in the following scrap metal collection companies: CJSC Kyivvtormet, CJSC Vtorychni Resursy (Kirovohrad), OJSC TernopilVtorMet, OJSC AleksandriaVtorMet (Kirovohrad region), OJSC Zaporizhia Vtormet, and OJSC Vtormet (Odessa). . |
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11/17/2005 |
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Perspectives of City Public Transportation System in Odessa. |
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Mayor of Odessa (major Ukrainian see port) Mr. Gurvitz met Italian businessmen. On the meeting was discussed possible cooperation between City and Italian railroad system consulting and construction companies. Director of ATSF (Ansaldo Trasporti Sistemi Ferroviari) Mr. Liguory said that the Company would be glad to assist City building subway or surface modern transportation system. |
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11/16/2005 |
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BUILDING UKRAINE / AUTUMN 2005 |
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All-Ukrainian
Forum of Builders, Architects and Designers PRIMUS: BUILDING
UKRAINE/AUTUMN 2005. |
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11/15/2005 |
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Swiss Investing Company Will Invest $5M into Ukrainian Construction Projects in 2006. |
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Galileo Asset Management's partner Edward J.Klaeger ІV announced that $5M would be invested in the Ukrainian construction projects through UA International Group (UAIG). $400,000 was already transferred to UAIG for initial stage. The Company builds four apartment buildings (total dwelling area 40 thousands of sqm) with independent heating system. Total cost of the project is $17M. Galileo Asset Management SA: Based in Lausanne, Switzerland, Galileo is a Corporate Finance firm that is a registered member of the Swiss ARIF (Association Romande des Intermediaires Financiers). Galileo manages assets for high net worth individuals and institutional clients. The firm develops corporations through mergers and acquisitions. Galileo provides access to capital from institutional and private investors worldwide for rapidly growing private companies or small public companies. Galileo has extensive international investment banking and brokerage community contacts. Galileo has established a reputation for sound banking strategies with timely performance. UA International Group, a Ukrainian infrastructure, water delivery and maintenance and real estate development company, today announced that it has successfully completed the installation of water pumps, delivery systems and air conditioning units and systems in the complexes of the newly constructed five star Diplomat Hall Hotel in Kiev's Downtown. |
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11/11/2005 |
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Barcelona Meeting Point 8th Symposium. |
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Barcelona Meeting Point is on of the biggest international events in real estate. This year Barcelona Meeting Point 8th Symposium took place in October 25-27, naturally in Barcelona, Spain. The Global Real Estate Institute and the International Council of Shopping Centers organized seminar on "Investing in Emerging Markets" with outstanding sessions. Group of the Ukrainian Companies (most operating in Kiev) and representatives of Kiev City administration presented on this symposium number of construction projects that could interest international investors. City Council (Kiev City State Administration) presented Kharkivska Square Complex Reconstruction. The project will solve transportation problems of the left bunk part of the City. Beside its function in infrastructure Kharkivska Square will provide City with shopping and entertainment center. There will be constructed business center, restaurant, and parking. City Council (Kiev City State Administration) also presented Reconstruction of Telichka District. This project is huge. Telichka district historically was developed as an industrial area. Nowadays location of the district became very attractive. Redevelopment of whole district that will include relocation of industrial facilities, construction of 700,000 sqm of residential high-rise construction 580,000 sqm of office buildings, and 120,000 sqm of other commercial construction. Estimated cost of the project is $2B. XXI Century, First Ukrainian Development, and Kiev Invest Group presented Multi-purpose Complex Dnepr Riverfront. The project will be developed as a promenade, active 24 hours a day. This will be achieved by mixing residential, hotel, retail and office uses with sizeable public spaces. The sheer size of the project will allow to support additional features, such as marina on the water, a passenger train going back and forth along promenade, a green park, an arts exhibition. Kyivpidzemshlyahbud is the leading company in underground constructions, communications and municipal infrastructures in the city of Kiev since1936. Nowadays this company is working on a complex development program of the city of Kiev, which foresees the construction of 7 tunnels with a total length of 23 km. |
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11/3/2005 |
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Construction Permit for New Building's Block Poznyaky-4 Was granted to "KievVisStroy" and "DSK4" |
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Kiev City Counsil granted construction permit for new apartment building's block in Poznyaky district located on the left bunk. Block will be built on 25.1-hectare lot. Project includes 10 (18-27 story) buildings, 5 level parking, school (33 class rooms, and daycare facilities. Contractors "KievVisStroy" (specializing in high-rise building construction) and "DSK4"(has three construction divisions) will share the site. Name of the project is Poznyaky-4. Architectural concept and all technical documentation was developed by "Kiev-Project" |
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11/3/2005 |
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Kyivmetrostroy -Used Tunnel Boring Machine Wirth TB-628 Is Down. |
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Kyivmetrostroy
had to stop construction of the subway line (extension of the existent)
because of problems with tunnel boring machine (TBM) that was purchased
for 3.58M EURO a year ago. With the help of TBM there have been built only
19.2m since July. As it was announced the repair of the TBM is costly and
could take months. TBM diameter is 6.28m, productivity rate shall be up to
8m of the built tunnel per day. It was made by German company Wirth. |
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11/3/2005 |
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Dnepr Riverfront 
