Apartment prices in Kyiv could nearly double
Apartment prices in Kyiv could nearly double – to $2,000 per square meter — by the end of 2023, predicts Serhiy Pylypenko, general director of Kovalska construction and construction materials company. Driving prices up 15-20% this year will be the rising cost of building materials, he told the Confederation of Builders conference, “Post-Quarantine Development” Wednesday in Kyiv. The world runup in iron and steel prices are pushing local prices up by 30-40%, he said.
🔵 Wednesday’s decision to ban electricity imports from Russia and Belarus will accelerate Ukraine’s integration with the European ENTSO-E system, Energy Minister Herman Galushchenko told German Ambassador to Ukraine Anka Feldhusen, the ministry reported yesterday. This synchronization is to take place by the end of 2023. Created in 2008, ENTSO-E, or the European Network of Transmission System Operators, represents 42 electricity transmission system operators from 35 European countries.