The volume of construction work in Ukraine in February 2018 decreased by 2.2% compared to February 2017, while the decrease in January 2018 from January 2017 was 1%. According to the State Statistics Service, the data are given without taking into account the temporarily occupied territory of Crimea and Sevastopol and certain areas of Donetsk and Luhansk regions. According to the authority, the volume of construction work in February 2018 grew by 2.8% compared with the previous month, while in January 2018 it plunged by 74% compared with December 2017.
According to the report, in February 2018 the growth in the volume of construction was observed nonresidential construction (2.4%), while the figure in construction of residential buildings fell by 0.3%. The decrease of 6.8% was recorded in construction of engineering facilities.
In February 2018, the volume of construction of residential buildings fell by 1.6% compared with January 2018, and it grew by 1.6% in construction of nonresidential buildings and by 7.3% in construction of engineering facilities.
In January-February 2018, construction work fell in 10 regions, in particular in Luhansk region by 83%, to UAH 33.3 million, Odesa region by 39%, to UAH 584.6 million and Sumy region by 19.5%, to UAH 85 million. The largest growth in the volume of construction works in January and February 2018 was seen in Zakarpattia region by 93.8%, to UAH 124.7 млн million and Chernivtsi region by 71.9%, to UAH 168 million.
State-owned enterprise Boryspil International Airport (Kyiv) is ready to allow Ireland’s low cost airline Ryanair to use currently mothballed Terminal F as soon as the airline starts servicing 15 flights a day from the airport. An Interfax-Ukraine correspondent has reported that Boryspil airport Pavlo Riabikin gave this information at a press conference in the airport last week devoted to the arrival of Ryanair to Ukraine.
“As soon as the frequency of their flights reaches 15 a day, we will open this terminal,” he said. He said that now it is planned to service Ryanair’s flights in Terminal D. A year ago Riabikin said that the Boryspil airport could de-mothball of Terminal F if there were enough flights of low cost airlines in the country.
“One of the KPI [key performance indicators] in my contract is the resumption of activities of Terminals F and B. We have already prepared a plan for the resumption of activities of Terminal F for servicing low-cost carriers. As soon as we understand there are 15 low-cost carriers, we will open Terminal F for them, otherwise it will be a loss-making terminal. The terminal is likely to open for the summer navigation of 2018, but flights must be provided for this,” he then said.
Earlier, former head of the airport Yevhen Dykhne noted Terminal F is the demonstration of state mismanagement: when it was being built, it did not fit into the airport development strategy at that time. According to the Ministry of Infrastructure, $40 million was invested in Terminal F in 2009-2014. It had been the base for Ukraine International Airlines since 2010 to 2013. The airport mothballed Terminal F in 2013.
Bogdan Motors uniting the production assets of Bogdan Corporation in 2017, according to preliminary data, saw a net loss of UAH 635.078 million, which is 2.3 times more than in 2016. According to the agenda of a general shareholders’ meeting scheduled for April 24, the uncovered loss of Bogdan Motors by the beginning of this year amounted to UAH 5.878 billion. The current liabilities of the company for the past year increased by almost 74%, to UAH 3.116 billion, long-term liabilities by 8.4%, to UAH 4.101 billion. The number of the company’s personnel over the year grew by 12 people, to 1,043 people.
PJSC Bogdan Motors unites the production assets of one of the leading Ukrainian automakers – Bogdan Corporation (a bus and trolleybus plant in Lutsk and a car factory in Cherkasy). The company in 2016 saw loss fall by almost 3 times from 2015, to UAH 275.2 million, net income decreased by 3.7%, to UAH 644.88 million.