Business news from Ukraine

Business news from Ukraine

VOLUME OF CONSTRUCTION WORK IN UKRAINE DECREASES BY 5.3% IN JAN-APRIL

The volume of construction work performed in Ukraine in January-April 2021 decreased 5.3% compared to the same period in 2020.
According to the State Statistics Service, in January-April 2021, the volume of construction work completed amounted to UAH 39.8 billion.
According to the statistics authority, in April 2021 the seasonally adjusted index of construction products amounted to 111.3% compared to the previous month, adjusted for the effect of calendar days compared to April 2020 it was 110.2%.
The State Statistics Service reported that in April 2021 compared to April 2020, an increase in the volume of construction work was observed in all segments of construction: in residential construction by 40.1%, nonresidential – by 4.5%, and engineering – by 2.5%.
The share of new construction of the total volume of completed construction work was 42.7%, the share of repair was 29.1%, and reconstruction and technical re-equipment was 28.2%.
An increase in the volume of construction work in January-April 2021 compared to January-April 2020 was recorded in Khmelnytsky (by 30.1%, to UAH 1 billion), Ternopil (by 32%, to UAH 766.1 million), Rivne ( by 25.9%, to UAH 754.5 million), Volyn (by 11.4%, to UAH 489 million), Kharkiv (by 9.4%, to UAH 4.5 billion), Donetsk (by 8.1%, to UAH 1.4 billion), Kyiv (by 5.2%, to UAH 2.6 billion) and Odesa (by 0.1%, to UAH 3 billion) regions.
In other regions, there was a decrease in construction volumes. The most significant drop was seen in Chernivtsi (by 50%), Kherson (by 32.9%) and Vinnytsia (by 30.3%) regions.
The statistics are given without taking into account the temporarily occupied Crimea and the temporarily occupied areas in Donetsk and Luhansk regions.
As reported, the volume of construction work performed in Ukraine in 2020 increased 4% compared to 2019.

UKRAINIAN METAL COMPANIES INCREASE EARNINGS FROM FERROUS METAL EXPORT TO $4.9 BLN IN JAN-MAY

Ukrainian metal companies in January-May 2021 increased earnings from exports of ferrous metals by 49.1% compared to the same period last year, to $4.92 billion.
According to the statistics released by the State Customs Service, in May, earnings from exports of ferrous metals amounted to $1.19 billion.
Ukraine boosted imports of similar products by 16.3% in January-May 2021, to $440 million. In May, this figure was $115.04 million.
In addition, Ukraine increased exports of metal products by 18.9% in the first five months of 2021, to $421.03 million. In May, their export amounted to $99.21 million.
During this period, imports of metal products increased by 22.2%, to $383.15 million. In May, they were imported for $93.12 million.
As reported, in 2020, Ukrainian metal companies reduced earnings from exports of ferrous metals by 12% compared to the previous year, to $7.690 billion. At the same time, Ukraine in 2020 reduced imports of similar products by 17%, to $1.040 billion.

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NO TREES TO BE CUT FOR CONSTRUCTION OF ‘PRESIDENTIAL UNIVERSITY’ IN KIEV

Not a single tree will be destroyed during the construction of the “presidential university” on the territory of the state Expocentre of Ukraine (VDNH, Kyiv), Minister of Education and Science Serhiy Shkarlet said.
“There will be no construction in the park there, not a single tree to be destroyed,” he said at a press conference during the “Ukraine 30. Education and Science” All-Ukrainian Forum on Tuesday, June 1.
The minister said that the construction of the new university is fully in line with the concept of VDNH development.
As reported, on May 31, President of Ukraine Volodymyr Zelensky signed a decree on the creation of the presidential University of Information and Cybersecurity.
According to the Minister of Education and Science Serhiy Shkarlet, the construction of the presidential University on the territory of the state Expocentre of Ukraine (VDNH, Kyiv), will cost UAH 7.2 billion in three years.

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UKRAINIAN METALLURGICAL ENTERPRISES INCREASE STEEL OUTPUT BY 8% IN JAN-MAY

Ukrainian metallurgical enterprises increased the production of general rolled products, according to recent data, by 7.9% in January-May this year compared to the same period last year, to 8,016 million tonnes.
According to the report of the Ukrmetalurgprom association, in the first five months of the year steel production grew by 8.3%, to 8.986 million tonnes, while cast iron output increased 9.1%, to 8.903 million tonnes.
In May, 1.626 million tonnes of rolled metal, 1.85 million tonnes of steel, and 1.83 million tonnes of cast iron were produced.
As reported, in 2020, Ukrainian metallurgical enterprises increased the production of general rolled products by 0.7% compared to the previous year, to 18.344 million tonnes, reduced steel output by 1.4%, to 20.549 million tonnes and increased cast iron production by 1.5%, to 20.358 million tonnes.

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MOST POPULAR AUTO BRAND IN MAY IN UKRAINE WAS TOYOTA

Primary registrations of new passenger cars in Ukraine in January-May this year increased by a third compared to the same period in 2020, to 39,600 units, Ukrautoprom association has reported.
According to the association, including in May, primary registrations grew by 43% compared to the same month of 2020, to almost 8,500 units, which, according to the association, was the best May result over the past eight years (since 2013).
At the same time, compared to April of this year, sales decreased 15%.
The most popular brand of the month, as in May last year, was Toyota with an increase in registrations by 9%, to 1,122 cars, the second place was again taken by Renault with 1,067 registrations (a quarter more), Kia was in third place, which sold 629 cars (6% less).
The fourth position (as in the previous year) was taken by Skoda with a 116% increase by May 2020, to 624 cars. Nissan closes the top five with 415 cars (a rise of 158%), which in May last year occupied the 13th position (and Mercedes was in fifth place).
The top ten of the May market also includes: Chery with 411 cars (a rise of 240% and moved from the 16th position in May 2020); Hyundai with 409 cars (a rise of 62%); Volkswagen with 393 cars (a rise of 438% and a climb from 19th place); Mazda with 345 cars (a rise of 65%, but deterioration by 2 positions); Peugeot with 340 cars (a rise of 74%, in May 2020 it occupied the ninth position).
The bestseller of the month was the Toyota RAV-4 with 472 registrations.
In turn, according to data from the Auto-Consulting information and analytical group posted on its website on Tuesday, May sales of new passenger cars grew by 49% compared to May last year, to 8,714 cars (but decreased 10.7% compared with April 2021).
“Two brands are already consistently selling more than 1,100 cars a month, and half of the top ten go beyond the figure of more than 500 cars,” the analysts of the group said.
According to them, the five best-selling brands coincide with the rating of Ukrautoprom, while Toyota and Renault each took 13% of the Ukrainian market, Kia – 7.3%, Skoda – 7.23% and Nissan – almost 4.9% %.
The experts said that in the premium segment there is still a struggle for leadership among the brands of the German Big Three – in May Mercedes-Benz (275 cars), BMW (269 cars) and Audi (187) finished tightly again.
In general, according to the group, more than 39,734 new cars were sold in January-May 2021, which is 34% more than a year earlier.
“The upward trend of the Ukrainian car market is already the third month in a row, which gives reason to expect very good indicators for the year,” Auto-Consulting said.

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