Prices for building materials have risen by 10–15% since the beginning of 2025, according to Sergey Pylypenko, CEO of the Kovalska Group (Kyiv), in an exclusive interview with Interfax-Ukraine.
“On average, prices are rising at the rate of inflation—from 10 to 15%, depending on the product. The most expensive products are those that are cement-intensive, energy-intensive, or labor-intensive,” he said.
In particular, according to Pylypenko, concrete has risen in price by about 7-10% year-on-year, reinforced concrete products by 12-15%, and paving slabs by almost 20%.
Gravel and sand showed the lowest increase in price, up to 10%.
According to the expert, limited demand and the absence of large infrastructure projects do not allow prices to rise in this market. “The market (for road works) is very inactive, so everyone is trying to compete on price to the last,” he explained.
According to Pylypenko, human resources showed the highest growth, with wages increasing by 25% or more.
“It is becoming increasingly difficult to find qualified people, and this is the reason why it is sometimes difficult for us to fulfill some orders as quickly as we would like. All this actually affects GDP, the competitiveness of the domestic economy, and our products. But it also encourages us to adopt more automated technologies, invest in IT solutions, improve processes, and upgrade to more modern equipment,” he said, citing the plant in Rozvadov as an example, where the entire production volume will be provided by only 40 employees.
The Kovalskaya Industrial and Construction Group has been operating in the Ukrainian construction market since 1956. It unites more than 20 enterprises in the field of raw material extraction, product manufacturing, and construction. Its products are represented by the brands Beton vid Kovalskoi, Avenue, and Siltek. Kovalskaya’s enterprises operate in the Kyiv, Zhytomyr, Lviv, and Chernihiv regions. The aerated concrete plant in the Kherson region has not been operating since the beginning of the occupation.
