Modernization of the medical and health complex (Pischanska TC)

Project Description
Expansion of the range of innovative, medical-recreational services of «Sanitarium «HOLIDAY RESORT ORLIVSHCHYNA» LLC by reconstruction of clinical and residential buildings, as well as the construction of a Spa-center with a swimming pool.
Project goals:
- purchase of new equipment, which will additionally provide 3 types of services and expand 5 existing ones.
- construction of a Spa-center and swimming pool – 9 additional types services;
- reconstruction of the clinical building – 4 additional types of services;
- reconstruction of dormitory №1 to increase 15 in-patient bed.
Transport infrastructure:
- town Novomoskovsk– 12 km;
- the city of Dnipro – 45 km;
- buses depart from Dnipro, Novomoskovsk and the village Orlivshchyna
- transfer of the sanitorium from Dnipro, Novomoskovsk.
Cooperation mechanism
- equity;
- credit line.
Project Initiator
Project duration
Project objectives
Satisfying the demand for innovative, health-improving services in the cold season (October-April) and increasing the amount of private clients receiving spa treatment at their own expense .
Project indicators
Profit index, PI | 120 % |
Internal rate of return, IRR | 17 % |
Payback Period, PP | 2.7 years |
Company resources
- projects for the reconstruction of clinical and residential buildings;
- project for the construction of an SPA center with a swimming pool;
- co-financing of the project is 18%;
- land plot;
- real estate.
Technical parameters
Land plot
Square: 8 ha
Special purpose: recreation lands
Cadastral number: is assigned
Steward: «Sanitarium «HOLIDAY RESORT ORLIVSHCHYNA» LLC, rent until 2058.
Engineering infrastructure header
Water supply
Gas supply
Power supply
water supply, sewerage system, gas supply, electricity supply – are available and do not require additional investment.
Additional information
Income increase by $730 thousd
Expenses increase by $100 thousd
Net present value will be $630 thousd
The sanitarium is licensed for more than 76 medical activities and has a certificate of the highest accreditation category (ISO quality certificate).
The maximum capacity of the bed fund is 309 in-patient beds, including 293 in-patient beds of year-round operation and 16 beds of seasonal operation. 9 dormitories of the Sanitarium are provided with autonomy heating and all In-room amenities, round-the-clock hot and cold water supply. There are 11 treatment departments.
Photo gallery



