MICHANIKI began construction for its biggest commercial and residential complex named "Artemis", after the Greek goddess Diana, in Kiev, the Ukrainian capital.

Artemis is an ambitious building complex totalling 50,000 sq.m. in a land plot of 7,900 sq.m. which is situated on the eastern shores of Dnieper river in the area of Diprovski.

At the ceremony the was led by Metropolitan Pavlos of the Holy Convent Monastery, MICHANIKI was represented by its Chairman Mr. Prodromos Emfietzoglou and attendees included Mayor Mr. Kravchenko, the Ukrainian Ambassador to Athens Mr. Tsibukh, the head of the local planning committee (expertiza) Mr. Karminskiyi, Mr. Mykitenko from the Chamber of civil engineers, representatives for the Greek Embassy, the local media, banks and businesses of Kiev. The building complex will include two floors of 6,000 sq.m. for shopping and recreational activities, and 2,000 sq. m. for office use. Above the commercial space area, MICHANIKI will construct two towers of 6 and 20 floors respectively, including 198 apartments ranging from 60 to 120 sq.m. and totaling 22,500 sq.m. The underground parking garage area is of 7,000 sq. Artemis is a multifunctional and dynamic building complex using modern architectural elements and hopes to become a new landmark in the surrounding area.