Business news from Ukraine

Business news from Ukraine

CAPITAL INVESTMENT GROWTH IN UKRAINE SLOWS TO 12.3% IN H1 2019

28 August , 2019  

Capital investment in Ukraine in January-June 2019 grew by 12.3%, while in the first quarter of 2019 – by 17.8%, the State Statistics Service reported on Tuesday. According to the State Statistics Service, after an increase in investments in agriculture, forestry and fisheries in the first quarter by 2.1%, a decrease of 8.6% was recorded in the first half of the year.
In wholesale and retail trade, growth slowed down from 18.9% to 6.3%, in transport, storage, postal and courier activities – from 20.8% to 4.7%, while in industry – from 32% to 30.8%, and in construction, an increase from 3.4% to 5% was recorded.
According to the State Statistics Service, in the first half of 2019, UAH 234 billion of capital investment was disbursed (excluding the temporarily occupied Crimea, Sevastopol and the JFO area).
In the regional context, the largest increase in capital investment in the first half of 2019 compared to the same period in 2018 was recorded in Volyn (by 76%), Kherson (by 68.5%), Mykolaiv (by 39.5%), Kyiv (by 25, 85), Chernivtsi (by 25.7%), Dnipropetrovsk (by 23.6%), Ternopil (by 21.4%), Luhansk (by 16.2%), Vinnytsia (by 12.3%), and Donetsk ( in 12.6%) regions.
According to statistics, capital investments for the reporting period decreased in Chernihiv (by 17%), Zakarpattia (by 15.8%), Zhytomyr (by 15.2%), Ivano-Frankivsk (by 9%), Odesa (by 7.2%), Rivne (5.1%) and Zaporizhia (4.4%) regions.
The main source of financing capital investment remains the own funds of enterprises and organizations, due to which 73.3% of the total volume of all investments has been used.
A significant share of capital investments was made in machinery, equipment and vehicles – 47.7%, buildings and structures – 43.6% of all investments.