Business news from Ukraine

In case of unpredictable power cuts, manufacturers of building materials will stop enterprises – association

2 December , 2022  

In case of prolonged and unpredictable power outages, construction materials producers will be forced to stop their enterprises completely, the president of the All-Ukrainian Union of Construction Materials Manufacturers Konstantin Salii said.
“If there is no light for more than 12 hours a day, and connections will be out of the predicted schedules, the enterprises will stop: no one will dare to lose expensive equipment. Commodity concrete 3-4 hours in tanks will not survive – this is a terrible loss, “- said Salii in a comment to the agency” Interfax-Ukraine “.
According to him, there are practically no alternative sources of energy for enterprises of building materials production with energy capacity over 1 MW.
According to the president of UBC, the decline of production and consumption of building materials in Ukraine, which began with the start of a full-scale war, will continue until the start of the construction season in 2023. At the same time, he noted that despite the sufficient supply of raw materials from producers, financial resources are almost exhausted.
“Financial resources are almost exhausted – a wave of plant closings and sales for debt could begin in the spring of 2023,” Salii pointed out.