Business news from Ukraine


30 May , 2019  

Ukraine in January-March 2019 increased cement production by 23% compared to the same period in 2018, Executive Director of the Ukrcement Association Roman Skylsky has said.
“In the first quarter of 2019, the growth of the construction market was already 24%, and cement production rose by 23%. Exports grew by 66%, imports by 2.8 times. These figures will obviously change after the introduction of a number of restrictive measures by the Ukrainian government regarding imports from neighboring markets,” he said during the international conference UkrCemFor 2019 in Kyiv.
According to the expert, cement production in 2018 decreased by 0.8%, which is associated with a slight drop in demand and the limited capacity of railway logistics, which accounts for 65% of all cement transportation.
“However, the year of 2018 showed a rise in clinker production by 4.3%, which means that producers have the reserves and resources to produce goods, but they decide not to manufacture final products due to a drop in demand or logistic restrictions on the delivery of goods to end consumers,” he explained.