Prices for construction and assembly work in Ukraine increased by 17.5% in 2021 compared to 2020, the State Statistics Service reported. According to the Statistics Service, during the year, prices increased in all segments of construction: in residential construction, a growth was 12.4%, in non-residential construction – 15.9%, and in engineering – 21.9%.
In December 2021 versus December 2020, the cost of construction work in residential construction increased by 19.7%, in non-residential construction – by 21.4%, and in engineering – by 20.3%.
In addition, the State Statistics Service reported that in December 2021 compared to November 2021, the cost of construction of residential buildings increased by 1.7%, non-residential – by 1.2%, while the cost of construction of engineering structures decreased by 0.8%.
According to it, in 2020, prices for construction work in Ukraine increased by 3.7% compared to the previous year, while in 2019 – by 6%.
The figures are given without taking into account the annexed territory of Crimea and Sevastopol, as well as parts of the occupied territories of Donetsk and Luhansk regions, the State Statistics Service notes.
The Turkish state-owned Ziraat Bank (Ziraat Bankası) has discussed the possibility of entering the Ukrainian market by the bank with UkraineInvest, the Ukrainian government’s investment promotion office, UkraineInvest’s press service has reported.
“The UkraineInvest team met with representatives of Ziraat Bank of the Republic of Turkey, who are considering the possibility of the bank entering the Ukrainian market. During the meeting, the participants discussed the investment climate in Ukraine and further steps of organizational and advisory support from UkraineInvest for the investment intentions of Ziraat Bank,” the press service said.
Ziraat Bank is one of the largest banks in the Republic of Turkey, founded in 1863. The bank operates in 115 locations in 17 countries around the world. The main financial services of the bank are the issue of corporate and retail loans, foreign trade and investment financing, structured finance, international transfers and treasury operations.
Official rates of banking metals from national bank as of January 31
One troy ounce=31.10 grams
National bank of Ukraine’s official rates as of 31/01/22
Source: National Bank of Ukraine
On Monday, January 31, the President’s Office will host a meeting of the delegations of Ukraine and the Republic of Poland with the participation of representatives of a number of ministries and departments of the two countries, the press service of the President of Ukraine reports.
“The Polish delegation arrived in our state in fulfillment of the agreements reached during the visit of President of Ukraine Volodymyr Zelensky to the Republic of Poland on January 20-21, 2022,” the message says.
The Ukrainian delegation at the talks will be headed by Head of the President’s Office Andriy Yermak, the delegation of Poland – by Secretary of State of the Office of the President of the Republic of Poland, head of the Bureau for International Policy Jakub Kumoch.
In addition, the negotiations, in particular, will be attended by Minister of Infrastructure of Ukraine Oleksandr Kubrakov and Minister of Infrastructure of Poland Andrzej Adamczyk.
“During the meeting, topical issues of bilateral cooperation in the economy, energy and infrastructure will be discussed,” the President’s Office said.
The Kyivstar mobile network operator is preparing the network to offset possible risks in operation, including geopolitical ones.
“We are taking certain steps to prepare, despite the fact that it is very difficult to predict which scenarios will develop. Therefore, we have two priorities – our people, business continuity and the provision of communication services. We are looking at critical infrastructure, on how they are located, and we are taking certain steps to achieve geographic diversification across critical nodes. We are even investing money in this – and quite a lot – in order to achieve a radical increase in network resilience depending on scenarios in the horizon of several weeks,” Kyivstar President Alexander Komarov told Interfax-Ukraine.
He also said that the operator is implementing a number of steps aimed at increasing the flexibility of managing its network, depending on possible threats. This is the organization of stocks of fuel and lubricants for generators, with which the operator plans to maintain the operation of critical network nodes in the event of a power outage, the implementation of the ability to turn off certain areas in the absence of control over the network in some geographical areas.
As reported, Ukrainian Foreign Minister Dmytro Kuleba thanked his British counterpart Liz Truss for the decision to impose large-scale sanctions against the Russian Federation.
The U.K. continues to show leadership in global efforts to deter Russia from further aggression, he said.
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