Automatically translated version. May contain inaccuracies compared to the original.
In the Vidradne residential area of Kyiv, the completion of the shelter at School No.174 has started on the second attempt; construction originally began in the fall of 2023. Work will continue under City Bud LLC, which is managed by the son of Rostyslav Korobka, vice president of the Ukrainian Chamber of Commerce and Industry. Korobka is closely connected with the previous contractor, so the change of contractor may be only formal. City and district authorities assure that the shelter will be ready by the end of this year. At the same time, against the background of these statements, the completion date has already officially been moved to June 2027 due to insufficient funding.
As KV learned from an announcement in the Prozorro electronic system, in July 2026 the utility company Zhytloinvestbud-UKB (*) signed a contract with City Bud LLC (**) for the reconstruction of a non-residential building with an attached shelter for School No. 174 at Akademika Shalimova Street, 43 in the Solomianskyi district of Kyiv. The contract price is 68,42 million hryvnias.
The agreement provides for laying the foundation, erecting walls, performing general construction and finishing works, installing engineering networks, and landscaping the adjacent territory.
The reconstruction under the contract was to be completed by the end of 2026. However, on 4 August the parties signed an additional agreement extending the completion deadline to June 2027 due to lack of full funding. This year, 29,34 million hryvnias are allocated for carrying out the works.
Fragment of the additional agreement extending the execution deadlines
Note that City Bud LLC will not perform the reconstruction solely with its own forces: the company declared the involvement of nine subcontractors: Webcom LLC, Syntek LLC, DELS LLC, Ukrspetsventmontazh LLC, SP Lift, Ukrinfosystems LLC, NVP Madek LLC, KNK-Pro LLC, and SVIK PE. Together they are to carry out works worth 38,16% of the contract value.
Course of the tender
The procurement was held through open bidding, but there was effectively no competition because City Bud LLC was the only participant.
To demonstrate its ability to perform the declared works, City Bud LLC provided certificates of experience for the major overhaul of premises of the State Bureau of Investigation building for 1,17 million hryvnias and a dormitory of NUBiP of Ukraine for 521 thousand hryvnias.
At the end of July 2026 the State Audit Service began monitoring this procurement and found several violations. In particular, auditors determined that City Bud LLC did not confirm with documents the availability of some of the equipment listed in its tender proposal — a truck crane with a lifting capacity of 25 tons, an excavator, motor graders, a road roller and a joint cutter. Auditors also found an issue in the calculation of the contract price. As a result, the State Audit Service obliged the parties to bring the contract into compliance with legal requirements, and if that is impossible — to terminate the obligations under it.
After the State Audit Service’s conclusion, Zhytloinvestbud-UKB decided not to terminate the contract with City Bud, but to adjust its terms. On 18 August the parties signed an additional agreement that reduced the contract price by approximately 18,3 thousand hryvnias — to 68,4 million hryvnias — and updated the financing plan.
Stages of construction of the shelter for the school
The issue of reconstructing the non-residential building with an attached shelter for School No. 174 has been addressed for at least three years. In August 2023, Zhytloinvestbud-UKB commissioned the development of the working design for these works.
The first contract for the reconstruction itself was signed in November 2023 with BK Pride LLC (***). The contract price was 61,39 million hryvnias. However, this agreement was soon terminated by mutual consent due to the need to adjust the design and estimate documentation and lack of funding.
Changes to the project were commissioned in May 2024. In October, based on that, reconstruction works were ordered for 67,89 million hryvnias from I. B. K. Development LLC (****), which was to complete them by March 2025. Those deadlines were postponed twice, and in the spring of 2026 the agreement was terminated by mutual consent. For works actually completed, the contractor was paid 32,01 million hryvnias.
After that, residents of the Solomianskyi district grew more concerned about the delay in completing the shelter at School No.174, since the new school year is approaching. At the same time, in June the Kyiv City State Administration announced that they plan to complete the protective structure at the school by the end of 2026 — along with eight other shelters at other capital educational institutions.
On 4 August 2026 the head of the Solomianskyi District State Administration (RSA), Serhii Movenko (in the collage on the left), held an on-site meeting at the facility and stated that construction works have resumed under a new contractor (City Bud LLC, – KV). He reported that representatives of the contracting organization confirmed their readiness to finish the construction and commission the shelter by the end of 2026.
Progress of works on the construction of the shelter at School No.174 as of early August 2026 (source – Solomianskyi RSA website)
More about the general contractor
According to data from the analytical system YouControl, City Bud LLC was registered in 2007 in Rivne, and three years later was re-registered in Kyiv. Its main activity is construction of residential and non-residential buildings. The founder of the company is KUA City Asset Management LLC, the ultimate beneficial owner is Vitalii Karpiuk, and the director is Denys Korobka.
Denys Korobka is likely the son of Rostyslav Korobka — vice president of the Ukrainian Chamber of Commerce and Industry, who at the time of City Bud LLC’s registration was among its founders.
Rostyslav Korobka is also co-owner of Stepanska Keramika LLC, Holosiivski Vezhi LLC and Konopli LLC. The latter is part of the corporate group of Oleh Kostyushko — a current Kyiv City Council deputy from UDAR of Vitali Klitschko. He was also a deputy of that council in previous convocations VII (“UDAR‑Solidarity”) and VIII (“European Solidarity” of Petro Poroshenko). Rostyslav Korobka owns Konopli LLC together with the wife of Oleh Kostyushko, Iryna, who is a deputy of the Zhytomyr Regional Council.
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