News

Statement of ESTA Holding Regarding Demolition of Former Yunost Garment Factory Buildings

10.04.2012

 

As some media have released information about demolition of three historic buildings at Andriyivs’kyi Uzviz [literally Andrew's Descent] in Kiev on the place of former Yunost garment factory we would like to make a statement that this information is not true.

 


The official position of ESTA Holding Company on statements of the beginning of civil works at Frolovska Str. and their consequences for the Andriyivskyy Descent

16.03.2012

Last few days some mass media reported that ESTA Holding Company had started the project works at Frolovska Str. and these works will demolish the AndriyivskyyDescent.

We consider it necessary to state that at present any construction work is not carried out on the area. We are dismantling the former garment factory “Yunost” built in the 80s of XX century and being of no historical, cultural or architectural value.
 

The official position of ESTA Holding Company on statements of the beginning of civil works at Frolovska Str. and their consequences for the Andriyivskyy Descent

16.03.2012

Last few days some mass media reported that ESTA Holding Company had started the project works at Frolovska Str. and these works will demolish the Andriyivskyy Descent.

 We consider it necessary to state that at present any construction work is not carried out on the area. We are dismantling the former garment factory “Yunost” built in the 80s of XX century and being of no historical, cultural or architectural value.

 


Tatiana Sanchenko Headed ESTA Property Management

05.03.2012

Supervisory Board of ESTA Property Management appointed Tatiana Sanchenko a Chief Operation Officer of the Company, who previously held the office of Managing Director of the Leonardo Business Centre (Kyiv).


ESTA Holding Intends to Invest More Than 100 Million Dollars

13.02.2012

ESTA Group started the preparatory work preceding the reconstruction of the metropolitan central department store. As a result of reconstruction, which will last till autumn 2014, the department store total area will double up to 45,000 sq.m, and a 200 capacity underground parking will come into existence as well. It will be possible due to the exploitation of inner court area and underground space. The facade of the building, constructed in 1939, will remain unchanged.


Reconstruction of Kiev TsUM to Start in February 2012

27.12.2011

ESTA Group launched the final stage of concept development for the reconstruction of Kiev TsUM.


Leonardo business centre

16.12.2011

ESTA Holding, investment and development company, acquired 50% in the second phase of Leonardo business centre, located at 19-21 Bogdan Khmelnitsky Str. in Kyiv.


ESTA Holding brings Park Inn by Radisson hotel to Ukraine

13.10.2011

Esta Holding, Ukraine’s largest investor in the real estate sector, has signed a full management agreement with the Rezidor Hotel Group bringing an international mid-scale brand Park Inn Hotel by Radisson to Ukraine. The property is being developed on the basis of the existing ‘Kiev’ hotel perfectly located in Pushkin Boulevard in the center of Donetsk.


ESTA Group Consolidated Financials Audited

23.06.2011

ESTA Holding completed the preparation and international audit of its consolidated financial statements for 2010. PricewaterhouseCoopers, one of the world’s largest auditors and consultancies, has audited ESTA Group’s head office – ESPV Limited – for the third consecutive year.


ESTA Group Takes Loan to Develop Portfolio

16.05.2011

Proekt-2012, a company of the ESTA Group, signed an agreement with Ukrsotsbank PJSC to borrow UAH 72 m in order to reconstruct Kiev Hotel in Donetsk.