Business news from Ukraine

Business news from Ukraine

Integration of European standards in construction sector is important criterion for attracting investments in Ukraine – opinion

1 March , 2025  

Integration of European standards, in particular the provisions of EU Regulation 305/2011 on the quality of construction products and new environmental standards, is one of the important criteria for attracting investments in the reconstruction of Ukraine, the growth of the local construction market and increasing the competitiveness of domestic producers of construction materials, believes the executive director of the association “Ukrcement” Lyudmyla Krypka.

“European integration is one of the criteria for investing in Ukraine. The key factors that will contribute to the growth of construction in Ukraine and the development of the construction sector are government programs for infrastructure rehabilitation, intensification of construction works, localization of production, introduction of modern technologies and focus on environmental standards. It is those Ukrainian producers who will focus on these areas that will be able to consolidate competitive positions, stimulate the development of the industry and provide the market with quality building materials,” she said at the press conference ‘State Partnership and Investments in Rehabilitation of Territories’ at the Interfax-Ukraine agency on Friday.

According to her, cement industry enterprises were among the first to implement the provisions of the 305th regulation in their activities and are now working on the implementation of environmental standards, which are also included in the new EU directive.

Kripka noted that the implementation of Euro standards not only increases the competitiveness of Ukrainian producers in international markets, but also opens the way to development and innovation.

One of the important tasks for the cement industry is to reduce CO2 emissions.

“The industry is working to reduce emissions. Enterprises introduce the best available technologies and management methods, take part in monitoring, reporting and verification of greenhouse gas emissions. Ukraine can become an example of simple methods to reduce CO2 emissions by using biomass in clinker firing,” the expert said.

Cement industry companies themselves invest in their own production, Kripka noted. Companies also invest in the construction of additional technological lines, clinker storage silos, terminals, kiln modernization and transition to alternative fuels. Further capacity expansion of cement plants will start during the active recovery phase, when cement consumption will increase to 10-10.5 million tons. Over the past two years, this figure is about 6.3 million tons, she explained.

The Ukrcement Association was established in January 2004 by reorganizing the Ukrainian Concern of Cement Industry Enterprises and Organizations Ukrcement. The association comprises five groups of companies, including nine cement enterprises.

https://interfax.com.ua/

 

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