Prices for new buildings will continue to grow in 2025, in the comfort class they can grow by more than 15% by the end of the year, said the press service of the developer Alliance Novobud.
“In business class prices will remain at about the same level, plus 5-10% due to the rise in the cost of building materials. At the same time, in the comfort class prices may increase by more than 15% by the end of the year”, – says Irina Mikhaleva, the company’s SMO.
According to her, the main factors that affect the cost per square meter are a significant increase in the cost of almost all types of building materials, works, as well as the shortage and, accordingly, the growth of labor costs.
She noted that the cost of building materials, prices of transportation services, electricity are constantly growing, and during construction, electricity, in particular, is used a lot. And it becomes even more expensive when generators are used or imported e/e is purchased at a higher price.
“There is a catastrophic shortage of people who can work on construction sites, this is a consequence of mobilization processes, the shortage of personnel is increasing,” Mikhailova listed the factors that have significantly affected the market.
As a consequence, developers are forced to adjust prices. In particular, according to the results of last year, the cost per square meter of housing in the comfort class increased by about 20%.
“This year we are again likely to see the rise in the price of construction materials, our suppliers are already sending new prices, therefore, for the year the cost of new housing in comfort class will again increase by at least 10-15%, and for some objects by 20%”, – she said.
Less growth is expected in business class, one of the factors of more restrained market reaction here is dumping on the part of the secondary market. For example, last summer a large number of “secondary” objects were put up for sale at prices many times less than pre-war prices.
According to Mikhaleva’s forecasts, in 2025 the construction of suburban housing will develop more actively: cottages, townhouses, etc.
“We are also considering the option of such construction, thinking about the possibility of cottage or townhouse project,” she said.
According to the data of the portal of new buildings LUN, Alliance Novobud was founded in 2006, since 2010 the company has commissioned 32 houses, in the process of realization of 9 houses and a country house project.
In January-February this year, Ukraine reduced exports of carbon steel semi-finished products in physical terms by 44.9% year-on-year to 200,696 thousand tons.
According to statistics released by the State Customs Service (SCS) on Tuesday, exports of carbon steel semi-finished products fell by 47% to $92.752 million in monetary terms.
The main exports were made to Bulgaria (40.00% of supplies in monetary terms), Turkey (25.10%) and Egypt (10.78%).
In the period under review, Ukraine imported 2.544 thousand tons of semi-finished products worth $2.043 million from the Czech Republic (94.42%) and Italy (5.58%), with all deliveries occurring in February.
As reported, in 2024, Ukraine increased exports of semi-finished carbon steel products in physical terms by 56.7% compared to 2023 – up to 1 million 886.090 thousand tons, while revenue in monetary terms increased by 52.4% to $927.554 million. The main exports were made to Bulgaria (32.06% of supplies in monetary terms), Egypt (18.50%) and Turkey (11.14%).
In 2024, Ukraine imported 306 tons of semi-finished products worth $278 thousand from the Czech Republic (88.13%), Romania (7.19%), and Poland (2.88%), while in 2023 it imported 96 tons worth $172 thousand.
IC “Express Insurance” (Kiev) in January-February 2025 made payments in the amount of UAH 67,2 mln, which almost corresponds to the indicator for two months a year earlier, the insurer’s website reports. Including payments on CASCO amounted to UAH 53 mln (-12%), while premiums on this type of insurance grew by 21,4%.
Payouts on MTPL amounted to UAH 13 mln, on other insurance contracts – UAH 1,2 mln.
IC “Express Insurance” was founded in 2008 and is a part of the group of companies “UkrAVTO”. It specializes on automobile insurance. Stable high speed of events settlement in IC is provided by optimal interaction with partner service stations.
Since April, 2012 IC Express Insurance is an associated member of the Motor Transport Insurance Bureau of Ukraine.
Ukrainian companies increased exports of ferrous scrap by 1.55% year-on-year to 40,980 thousand tons from 40,354 thousand tons in January-February this year.
According to statistics released by the State Customs Service (SCS) on Tuesday, 25,284 thousand tons of scrap were exported in February, up 61% from 15,696 thousand tons in the previous month.
In monetary terms, the export of scrap metal in January-February decreased by 8.4% to $11.816 million from $12.903 million.
Exports of scrap metal in the period under review were mainly to Poland (93.24% of supplies in monetary terms), Bulgaria (4.32%) and Germany (2.20%).
In the first two months of the year, Ukraine imported 3 tons of scrap metal per $1 thousand from the British Virgin Islands, with deliveries taking place in January.
As reported, in 2024, Ukraine’s scrap collecting enterprises increased exports of ferrous scrap by 60.7% compared to 2023 – up to 293,190 thousand tons from 182,465 thousand tons. In monetary terms, the export of scrap metal increased by 73.2% to $91.311 million from $52.723 million over the year. Last year, scrap metal was exported mainly to Poland (81.80%), Greece (13.75%) and Germany (3.19%).
Last year, Ukraine imported 104 tons of scrap metal worth $110 thousand, mainly from Turkey (64.55% in monetary terms), the British Virgin Islands (16.36%) and Panama (8.18%), while the previous year the country imported 1,075 thousand tons worth $411 thousand.
In January-February, China reduced steel production by 1.5% year-on-year to 166.3 million tons, according to the country’s State Statistics Office.
Pig iron production decreased by 0.5% to 140.75 million tons.
The State Statistics Office traditionally publishes economic indicators for January and February together to avoid data distortion due to long holidays to mark the Lunar New Year, which can fall in both January and February.
In January-February, China exported 16.97 million tons of steel, up 6.7% year-on-year, according to the State Customs Administration.
As reported, in 2024, steel production in China decreased by 1.7% to 1.005 billion tons.
More than 90% of what Denmark does in terms of support for Ukraine is related to weapons and defense equipment, this is a prerequisite for Ukraine’s survival as a nation, Danish Ambassador to Ukraine Ole Egberg Mikkelsen said.
“Denmark has been very active in terms of supporting Ukraine with defense equipment and weapons. I usually say that we do three things in Ukraine: weapons, weapons and weapons,” he said while speaking to the media on the margins of the U-Lead with Europe event on Tuesday.
At the same time, the ambassador stressed that Denmark also implements important civilian programs.
“But more than 90% of what Denmark does in Ukraine is related to weapons and defense equipment. And this, of course, is a prerequisite for Ukraine’s survival as a nation. If you are not armed, you cannot survive. This is very important for Denmark,” the diplomat emphasized.
And in addition, he recalled the implementation of the “Danish model” of support for Ukraine’s defense industry, which actually finances the purchase of weapons and defense equipment directly from Ukrainian manufacturers.
“And it turned out to be very, very innovative and very effective. This is something that we want to continue because we want Ukraine to stand firmly on its feet, including when it comes to weapons and defense equipment. And you have a huge potential,” the diplomat said.
