Business news from Ukraine


26 February , 2019  

Capital investments in Ukraine for 2018 increased by 16.4%, while for 2017 by 22.1%, the State Statistics Service has said. The agency said that during the past year, growth has slowed: if in the first quarter they reached 37.4%, then after the first half of the year they dropped to 26.5%, and in the first three quarters – to 19.9%.
In 2017, the growth pace were different: capital investments grew at a steady pace: 21.4% after the first three months, 22.5% – by the middle of the year, 20.7% – by the end of nine months with an acceleration of up to 22.1% in general for the year.
The own funds of enterprises and organizations remained the main source of financing of capital investments, and thanks to which 71.3% of the total volume was used (69.9% a year earlier). The share of banking and other loan financing last year increased from 5.3% to 6.7%, the national budget – from 3.5% to 4%, while local budgets decreased from 9.2% to 8.7%.
The agency said that the share of foreign investors fell from 1.4% to 0.3%, and the population’s funds for housing construction – from 7.8% to 6.4%.
According to the State Statistics Service, some UAH 526.3 billion of capital investments were used in 2018. The largest increase in capital investments in 2018 compared with 2017 was recorded in Donetsk (by 54.6%), Vinnytsia (by 37.8%), Cherkasy (by 32.4%), Dnipropetrovsk (by 29.4%), Chernihiv (by 17.7%), Zakarpattia (by 17.3%), Volyn (by 12.1%), Kyiv (by 9.8%), Kharkiv (by 9.3%), Rivne (by 8.7%), Sumy (by 8.5%) regions and Kyiv city (by 30.6%).
According to statistics, capital investments for the reporting period decreased in Ivano-Frankivsk (by 15.3%), Mykolaiv (by 12.6%), and Zaporizhia (by 12%) regions.
In terms of industry, the largest increase in capital investment this year was recorded in retail trade, except for trade in motor vehicles and motorcycles (more than 2 times), in the field of art, sports and entertainment (by 85.8%), wholesale and retail trade, repair of motor vehicles and motorcycles (by 49.1%), computer programming (by 49%), in the field of information and telecommunications (by 41.9%), air transport (by 35.9%), publishing, film and video production, television programs, sound recording, radio and television broadcasting activities (by 34%), wholesale trade, except trade in motor vehicles and motorcycles (by 32.8%), financial and insurance activities (by 30.4%), provision with food and beverages (by 29.8%), advertising and market research (by 27.8%), land and pipeline transport (by 24.3%), industry (by 22.2%), at the enterprises of transport, warehousing, postal and courier activities (by 21.9%), in forestry and logging (by 15.5%), in state administration, defense and compulsory social insurance (by 15.3%), in real estate operations (by 14.4%), in agriculture, forestry, fishing and education (by 8.4%).
At the same time, in the area of administrative and support services, the drop in investment was 22.2%, in the provision of other types of services – 21.4%, in the field of water transport and construction – 15.5% and 13.9%, respectively.
A significant share of capital investments was used in machinery, equipment and vehicles – 45.2%, and in buildings and structures – 44.2% of all investments.