Investment passport

Viribus unitis

Chernivtsi 2019 CITY AREA – 153 km2 CITY WATER RESOURCES The main waterway of the city is the River SEA LEVEL ALTITUDE in its upper reaches, which divides the city into The relief of the city is characterized by two parts. Besides, there are nine lakes within significant fluctuations - from 30 meters above the city. sea level in the Prut valleys to 537 meters on the western city outskirts. LANDSCAPE is considered as a green city, a large PRECIPITATION. AMOUNT area of which is occupied by parks, squares, On average, about 621 mm of precipitation per gardens, alleys and flowerbeds. Nine objects are year falls in Chernivtsi. The climate is temperate recognized as monuments of garden art. continental.

AIR AVERAGE TEMPERATURE January -5,1° C; July +20,5° C . HUMAN RESOURSES

AGE STRUCTURE LABOR COST

Average Exchange 0-14 years monthly rate 13% UAH EUR salary UAH/EUR 72.3% 15-64 year 14,7% 65+

2015 4061 155 26,2 POPULATION – 267,0 thousand persons (as of 01.01.2020) 2016 5058 178 28,4 SEX Male – 45,8% 2017 6753 202 33,4 Female – 54,2%

2018 8162 257 31,7 REGISTERED UNEMPLOYMENT 0,6% (to the working-age population)

2019 9231 350 26,4 AVERAGE SALARY UAH 9231 (as of 01.01.2020)

UAH 9231 average monthly salary POPULATION DENSITY 1732 people per km2

UNEMPLOYED PERSONS NUMBER DYNAMICS AND UNEMPLOYMENT LEVEL

Number of registered Registered unemployment Year unemployed persons level, %

2016 1208 0,5

2017 798 0,3

2018 883 0,3

2019 804 0,3 TRANSPORT AND COMMUNICATIONS Chernivtsi is located at the intersection of H03/H10 transportation routes of Ukrainian significant and at the crossroads of E85 European route. The highways connecting regional centers with Europe. There are more than a thousand streets and lanes in the city. The city is located in the center of the Chernivtsi region between Novoselytsa, Gertsaevsky, , , Kitsmanskyi and districts. Chernivtsi is located in the southwest of , in the eastern Precarpathians, on the border between the Carpathians and the East European plain, 40 km from the border with .

BUS ROUTES FROM CHERNIVTSI DISTANCE FROM CHERNIVTSI TO THE NEAREST BORDERS

AIRPORTS There is Leonid Kadeniuk “International Airport “Chernivtsi” in Chernivtsi. The airport is capable to receive Boeing 737 and Airbus 320 aircraft type. The closest airports to Chernivtsi are in Suceava, Romania (109 km, approximate time is 2 hours, without taking into account the crossing of the border) and in Chisinau, Republic of Moldova (344 km, approximate time is 5 hours, without taking into account the time for crossing the border). THE DISTANCE FROM CHERNIVTSI TO OTHER CITIES

Ivano-Frankivsk 140 km Ternopil 140 km Khmelnytskyi 190 km Lviv 270 km Chisinau 330 km Kiev 538 km Bucharest 574 km Warsaw 640 km Prague 700 km Budapest 780 km Dnipro 891 km Vienna 980 km Berlin 1196 km London 2231 km

Chernivtsi has developed transport network. Chernivtsi region is connected with Ivano-Frankivsk, Ternopil, Khmelnytsky and Vinnitsa regions by air, rail/road transport, it borders Romania and the Republic of Moldova; region occupies an advantageous transport and geographical position, has a fairly dense automobile and railways network, which will connect it with the countries of Europe and the CIS. PUBLIC TRANSPORT The bus network of public transport consists of 48 bus routes, which are served 25 carriers of all forms of ownership on a competitive basis. 230 units of buses are involved to provide services for passengers daily on city routes. There is also 1 municipal utility in the city, which provides services for passenger transportation by electric transport. It owns 60 passenger trolleybuses, which run on 10 routes. RESIDENTIAL LEASE AVERAGE COST 1bedroom apartments – UAH 2500-8100 2bedrooms apartments – UAH 3 000-10700 3bedrooms apartments – UAH 4500-16000

OFFICE RENTAL AVERAGE COST The cost of office rental as of 01.01.2020 – UAH 28,7/m2 (excluding VAT)

Rental costs depending on the type of Pharmacy – UAH 91,4/m2 objects: Shop – UAH 84/m2 Restaurant – UAH 58/m2 AVERAGE WAREHOUSES LEASE – Warehouse–UAH 18,9/m2 as of 01.01.2020 is UAH 18,9/m2 (excluding VAT) In 2019 CHERNIVTSI INDUSTRIAL COMPLEX was represented by 165 enterprises, which, according to the main types of industrial activity, are divided into 11 branches. According to statistical data, as 01.01.2020, industrial enterprises of the city sold commodity products (in current prices) for the amount of UAH 7926,5 million .

CHERNIVTSI MAJOR BUDGET VEVENUE GENERATING ENTERPRISES AND TOO BIG TO FALL INDUSTRIAL CHERNIVTSI ENTERPRISES

Name Location Activity

TREMBITA Komarova str., 3 Sewing of men's outerwear

CHERNIVTSI BRANCH OF "SE BORDNETSE- Holovna str., 246-в Cable-conductor products UKRAINE" Manufacturing of electric and AUTOMOTIVE Ruska str., 248 electronic equipment for motor ELECTRIC UKRAINE vehicles

CHERNIVTSI MACHINE- Production of equipment for the Prutska str., 16 BUILDING PLANT oil refining industry

CHERNIVTSI OIL-FAT Y.Mudroho str., 35 Vegetable oil production PLANT Bakery and confectionery CHERNIVTSI BAKERY Holovna str, 223 production

FURNITURE "TOKABO" Khotynska str., 2-г Furniture production

Home textiles and knitted linen "BALLACOM" Komunalnykiv str., 4-б production CHERNIVTSI BRICK Karmeliuk str., 78 Wall constructive materials FACTORY №3 LUXURY WINDOWS Sichovykh Striltsiv str., Building plastic products FACTORY 34-б manufacture Polymer pipes, rubber ROSMA Prutska str., 29 products, heating devices production

CHERNIVTSI CHEMICAL Paint and varnish products Y.Mudroho str, 35 PLANT manufacture

Food, medical, “CARPATHIANS“ pharmaceutical and CHERNIVTSI ENAMEL Zavodska str., 19 chemical industries PLANT equipment manufacturing MEDICAL CARE 15 accredited health care institutions provide health care to the city territorial community. There are 920 inpatient beds (including 265 children beds) in 4 hospitals and 2 maternity hospitals, general and dental clinics, consultations for women and 2 centers of primary health care with a capacity of 3185 visits per medical alternation. There are 3594 jobs in medical care sphere (with revenue from the sale of paid services – 171) financed by city budget.

CULTURE AND ENTERTAINMENT

7 • museums

4 • theatres

• art and cultural 12 centers

23 • libraries

4 • cinemas

2 • recreation parks

1 • puppet theater EDUCATION

Chernivtsi is a well-known scientific and educational center in Ukraine and abroad. 50 general education institutions provide basic and complete secondary education in the city. The school network is shown in the diagram. Schools in Chernivtsi Elementary schools 6% 14% Special school 6% І-ІІ degree schools Gymnasias 6% 44% 14% Lyceums І-ІІІ degree schools 10% Private schools

About 4 thousand people work in city educational institutions, which accounting for 2.3% of the able-bodied population. Chernivtsi was/is an educated, intelligent university city.

Chernivtsi National University is one of the oldest in Ukraine. Since 1875 till now it is a higher education institution. There are 12 higher educational establishments in the city in total (3 educational establishments of ІІІ-IV accreditation level and 9 educational establishments of І-ІІ accreditation level).

LEADING HIGH SCHOOLS Specializati Faculties Students with III-IV accreditation level ons Yuriy Fedkovych Chernivtsi National 2 institutes, 94 16000 University (ChNU) 16 faculties Bukovinian State Medical University 7 16 5500 (BSNU)

Bukovynian University 3 4 2500 PHYSICAL CULTURE AND SPORTS

There are 7 stadiums, 66 sports halls, 17 tennis courts, 1 swimming pool, 5 sports fields with synthetic coating and 1 ice rink.

THE MOST FAMOUS SPORTING INSTITUTION

Football stadium with stands for 12 thousand seats (field Municipal sports and recreation size 105m x 68m), football playground with synthetic enterprise "“ coverage 42m x 22m, playground with exercise (O.Huzar str., 1) equipment, volleyball court, tennis court

Fitness Center "Titan“ Gym, aerobics, swimming pool (25 m tracks length) (Nezalezhnosti Ave, 111, floor 2)

Multifunctional sports hall with stands for 800 spectator seats (futsal, basketball, volleyball and others), football Sport and recreation complex field with synthetic covering 110m x 70m, football field "Olympia“ (Vorobkevych str., 6) with synthetic covering 42m x 22m and a playground with synthetic covering 24m x 15m., a playground with a gym equipment.

“Lodovyi Maidanchyk” Skating, ice hockey, figure skating (O.Huzar str., 1)

Sports and Recreation Complex Tennis school, 3 open ground courts, fitness room, table Tennis Club “Ace” tennis (O.Kobylianska str., 47а)

Fitness Club “Sport Life” The modern fitness club, equipped with the latest fitness (Holovna str., 265а, in the equipment from American leading manufacturers «DEPO’tCenter») TOURISM IN CHERNIVTSI Chernivtsi is the one of the few Ukrainian cities with urban buildings of such quality. The tourist potential of the city is primarily due to the presence of a large number of monuments of various eras and ethnic cultures, a rich palette of local customs and rituals, traditional folk crafts.

The State Register of Architectural Monuments includes 689 monuments and objects of cultural heritage, 24 of which are of national importance. The most popular sightseeing tour in Chernivtsi is the “Chernivtsi - Uniqueness in Diversity”, with visiting tourist attractions of 5 squares, the former residence of metropolitans of Bukovina and Dalmatia (UNESCO protected monument), O. Kobylianska str., University str., Ukrainian str., Ruska str., etc. By the tourists requests tour operators offer sightseeing tours programs in different directions, such as the history of the formation and life of the Armenian, Ukrainian, Jewish, Romanian, Russian, German, Polish communities of the city, etc. Also there are 9 thematic city tours:

The Ensemble of Residences of Metropolitans 1 of Bukovina and Dalmatia is a UNESCO monument

2 Ensemble of the Olga Kobylianska street

Religious buildings and monasteries of 3 Chernivtsi

4 Literary Chernivtsi

5 Musical Chernivtsi

6 Chernivtsi is a City of Tolerance

7 An evening walk across Chernivtsi

8 Chernivtsi with a taste of coffee

10 Jewish Chernivtsi The city has a well-developed network of hotel services - more than 1340 seats in hotel rooms from ordinary to luxury. In the city you can taste Ukrainian, Romanian, Italian, German, Turkish, Georgian, Chinese and Korean cuisine. As of 01.01.2020 more than 30 hotels are operating in Chernivtsi. In 2018, there were 154 enterprises operating in the city, more than 600 restaurants and more than 900 service facilities. There are 22 operating markets in the city, each year, up to UAH 10000000 are invested in their construction, reconstruction, improvement of terms of trade and creation of amenities for customers. The largest trading complex of the city is the Municipal Enterprise "Kalinovsky Market“ – modern multidisciplinary enterprise with a powerful infrastructure. The average number of daily market visitors is 30 thousand people, served by more than 10170 businessmen. In 2018 the municipal enterprise paid UAH 19512,5 thousand to the city budget. THE MOST POPULAR CITY HOTEL COMPLEXES

№ Name Address Website

Hotel complex http://bukovyna- 1 Holovna str., 141 "BUKOVINA" hotel.com

2 Hotel "KYIV" Holovna str., 46 http://kiev-hotel.com.ua

Recreation complex http://www.hotel- 3 Holovna str., 124-б "PREMIUM" premium.cv.ua Hotel complex www.magnat.cv.ukrt 4 Tolstogo str., 16а "MAGNAT" el.net Hotel complex www.magnat- 5 Sheptytskoho str., 6 "MAGNATE LUX" lux.cv.ukrtel.net Hotel complex www.kaiser- 6 Haharin str., 51 "KAISER" hotel.com.ua Hotel rooms "KNAUS 7 Postova str.,4/3 www.knaus.com.ua APARTMENT" Hotel and restaurant http://georgpalace.co 8 complex "GEORG Bohuna str., 24 m.ua/ru/ PALACE" ТОРГІВЛЯ ТА СФЕРА ПОСЛУГ Hotel and tourist 9 Fastivska str., 30-в www.koral.cv.ua complex "CORAL" Hotel rooms with www.aristocrate- 10 restaurant Zavodska str., 32 hotel.gbc.net.ua "ARISTOCRAT" http://www.andinna.c 11 Mini hotel "ANDINA" Libavska str., 22-а om.ua/ CITY MARKETS

As of 01.01.2020 there are 22 markets and micro-markets in Chernivtsi, (including 12 foodmarkets, 6 non-food markets, 3 mixed markets and 1 flower market). The total trading area of the markets, which located in the city is 226.9368 thousand m2 with16,000 retail trading places.

THE LARGEST MARKETS OF THE CITY

Payed taxes to Spend Number the city money for Market Specializ of budget, Address market name ation trading thousand reconstruct places UAH ion (01.01.2015) Micro-market Entuziastiv Non food "CARPATHI 470 107,9 910,5 str.,5 market ANS"

Market Non food Kolomyiska "BUKOVINA market 543 507,7 30,2 str., 15-а -AUTO"

Market Entuziastiv Food 575 416,5 95,6 “HOLOVNYI” str.,1 market

Micro market Stasiuka str., Food "BUKOVINS 710 433,5 6,5 23-б market KY"

"KALINOVS Kalynivska str., Mix KY 10170 9187,0 5287,4 13-а market MARKET" KALINOVSKY MARKET FOREIGN ECONOMIC ACTIVITIES In 2018, the volume of export and import of goods in Chernivtsi become equal to USD 164,3 million and USD 135,2 million, or 76,8 % and 64,8 % of total regions indicators. Compared with the 2018 figures, exports grew up on 18,9%, and imports on 24,2%. Positive foreign trade balance as of 01.01.2020 amounted to USD 29,1 million. Foreign trade operations were conducted with partners from 89 countries of the world. Export to the EU countries amounted to 79,8% of the total exports, imported from these countries – 63,9% of total imports.

MAIN EXPORT PARTNERS

5,90% Belarus

7,20% Greece

6,20% Poland

37,8% Romania

0,0% 5,0% 10,0% 15,0% 20,0% 25,0% 30,0% 35,0% 40,0% MAIN IMPORT PARTNERS

2,48% Belarus

13,96% Germany 4,39% Italy

10,77% Poland 10,17% China 11,15% Turkey 20,10% Romania

0% 5% 10% 15% 20% 25%

In 2019 the textile materials and textiles were exported for an amount of USD 26,3 million in 2019. Almost all of the goods supplied by this group belonged to clothing and accessories to clothing, textile. Export deliveries of machinery, equipment, electrical equipment were carried out at the amount of USD 53,6 million, which is more in 31,4% comparing with 2018. For the same period textile materials and textile products were imported in the amount of USD 33,0 million. Besides, polymeric materials, plastics and articles thereof - in the amount of by USD 9,7 million, as well as non-precious metals and products from them - in the amount of by USD 9,9 million.

EXPORT/IMPORT STRUCTURE 2019

EXPORT

Textile materials and textiles 14,4% 15,5% Machines, equipment and mechanisms Wood and wood products

27,3% Food products 31,5% Vegetable products 5,9% 5,4% Other IMPORT Textile materials and textiles

Wood and wood products 22,7% 25,6% Polymer materials, plastics and goods from these materials 7,7% 6,9% Machines, equipment and mechanisms 7,5% Precious metals and goods of 29,6% these metals Other INVESTMENTS In 2019 foreign investors invested to the city economy USD 26958,7 million of foreign direct investment (share capital). USD 24264,0 million were invested from EU countries and USD 2694,7 million (10.0%) from the rest of the world.

Areas of investments

36,50 32,50

11,6 10,4 31 countries of the world were a source of investments. The largest investors are: Cyprus, Italy, Romania, Austria, Estonia, Turkey, Czech Republic and Poland– 87,6% of the total volume of investments.

Direct foreign investments to the city economy, by type of economic activities 2019.

Real estate operations (11,6%)

3,8% Industry (36,5%)

10,4% 20,7% 0,2% Wholesale and retail trade; 5,0% repair of motor vehicles and motorcycles (32,5%)

Catering and feeding (0,2%)

32,5% 27,4% Activity in administrative and support services (5,0%)

Housebuilding (10,4%)

Other (3,8%)

Significant volumes of investments are concentrated on the enterprises of real estate operations (non-residents invested USD 9800,4 million, wholesale and retail trade, repair of motor vehicles and motorcycles - USD 7048,1 million. Investment to industrial enterprises – USD 5630,2 million. AUTHORITY

The representative body of the community is Chernivtsi City Council (42 members). www.city.cv.ua www.chernivtsy.eu E-mail: [email protected]

Oleksii KASPRUK Chernivtsi Mayor Phone.: +38 (0372) 525 924

For questions regarding investment activities in Chernivtsi please. contact the Department for Development of the Chernivtsi City Council : Vitalii HAVRYSH (Head of the Department for Development Chernivtsi City Council) – phone: +38(0372) 570 878; е-mail: [email protected] Halyna VOITOVYCH (Head of the Subdepartment for Development) – phone: +38 (0372) 552 988; e-mail:[email protected] Dmytro PASKAR (Chief Specialist of the Department for Development) – phone : +38 (0372) 525 471; e-mail: [email protected]