The business confidence indicator in the Ukrainian construction market rose by 3.8 percentage points (pp) in the fourth quarter of 2025 compared to the third quarter, to minus 28.6%, according to the State Statistics Service (Gosstat).
According to a survey of construction companies conducted by the agency, the assessment of the shortage of current orders improved by 5.6 p.p. to ‘minus’ 41.4%. Thus, 48.5% of the companies surveyed assessed their current order volume as normal for the season, while 47% assessed it as insufficient.
Forty-eight per cent of respondents expect prices for their services to increase in the fourth quarter of this year. Only 5% of respondents predict a decrease in the cost of construction work, while 47% do not expect any changes in pricing policy.
According to State Statistics Service data, the companies participating in the survey have an average of six months’ worth of orders, which corresponds to the pre-war figure at the beginning of 2022.
The statistics agency notes that in the fourth quarter of 2025, the construction industry will be negatively affected by labour shortages (55.2%), financial constraints (43.8%), insufficient demand (20.7%) and other factors (41.5%).
A third of the companies surveyed expect a reduction in the number of employees in October-December, while 54% believe that their number will remain unchanged, and 13% predict an expansion of staff.
According to the State Statistics Service, 35% of respondents noted an increase in the volume of construction work completed in the last quarter, while 24% reported a decrease in volumes.
The survey showed that 99% of Ukrainian construction companies find it quite difficult to predict future business developments.
The statistics do not include territories temporarily occupied by the Russian Federation and parts of territories where hostilities are (were) ongoing.
