Business news from Ukraine

Business news from Ukraine

CONSTRUCTION WORK PERFORMED IN UKRAINE 8.3% UP IN AUGUST

The volume of construction work performed in Ukraine in August 2020 increased 8.3% compared to August 2019, while in July compared to July a year earlier it decreased 1.1%.
According to the State Statistics Service, since the beginning of the year, the volume of construction work completed amounted to UAH 97.8 billion. In general, in January-August this year, this indicator decreased 2.8% compared to the same period last year.
According to the statistics department, in August the indicator increased 2.6% compared to the previous month (according to seasonally adjusted data by 3.6%), while in July compared to June this indicator increased 2.7%.
According to the State Statistics Service, in August 2020 compared to August 2019, the volume of work decreased in residential and nonresidential construction. Thus, according to unadjusted data, the decrease in volumes in residential construction was 11.9%, in the construction of nonresidential buildings it was 5.4%. At the same time, the construction of engineering structures grew by 20.2%.
The share of new construction of the total volume of completed construction work amounted to 39.8%, repairs – 33.2%, reconstruction and technical re-equipment – 27%.
The statistics are given without taking into account the occupied Crimea and the temporarily occupied territories in Donetsk and Luhansk regions.

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VOLUME OF CONSTRUCTION WORK IN UKRAINE DOWN IN APR

The volume of construction work in Ukraine in April 2020 decreased by 16.1% compared to April 2019, while in March 2020 it decreased by 12.8% compared to March 2019. The State Statistics Service said that the volume of construction work amounted to UAH 36.2 billion from the beginning of 2020. In general, this indicator decreased by 8.7% in January-April 2020, compared to the same period in 2019.
According to the service, the indicator decreased by 4.1% in April compared to March (according to seasonally adjusted data, it decreased by 2.8%), while in March this figure fell by 1.8% compared to February.
The State Statistics Service said that in April 2020 from April 2019, the volume of work decreased in all sectors of construction. Thus, according to unadjusted data, the decrease in volumes of residential construction amounted to 28.9%, in nonresidential construction was12.1%, in building the engineering structures amounted to 12.6%.
The share of new construction of the total volume of finished construction works amounted to 45.3%, repairs to 27.1%, reconstruction and technical re-equipment to 27.6%.
In January-April 2020, compared with the same period in 2019, an increase in the volume of construction work was recorded in Chernihiv (by 38.3%, to UAH 499.6 million), Rivne (by 7.9%, to UAH 521 million), Lviv (by 5.1%, to UAH 2.63 billion), Kyiv (by 4.8%, to UAH 2.23 billion), Ternopil (by 3.5%, to UAH 519.5 million) and Mykolaiv (by 0.3%, to UAH 766.1 million) regions. In the remaining 18 regions and Kyiv city, a decrease in the volume of construction work was recorded, in particular, in Kirovohrad by 44.9%, to UAH 298.6 million, Vinnytsia by 33.3%, to UAH 1.28 billion, and Zhytomyr by 20.6%, to UAH 399.5 million. In Kyiv city, the volume of construction work done during this period decreased by 8.7% and amounted to UAH 8.91 billion.
The data are given excluding the occupied territory of Crimea and the temporarily occupied territories in Donetsk and Luhansk regions.

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VOLUME OF CONSTRUCTION WORK IN UKRAINE 12.8% DOWN IN MARCH

The volume of construction work decreased by 12.8% in Ukraine in March 2020 compared to March 2019, whereas in February 2020 by 3.8% compared to February 2019.
The State Statistics Service said that the volume of construction work has reached UAH 26.1 billion from the beginning of 2020. In general, that indicator decreased by 5.5% in the first quarter of 2020, compared to the same period in 2019.
The statistics service said that the indicator increased by 28.2% in March, compared to February (according to seasonally adjusted data, it decreased by 1.8%), while compared to January 2019, that indicator decreased by 2.7%.
The statistics service said in March 2020 that the volume of work decreased in all sectors of construction, except non-residential one in March 2019. Thus, according to unadjusted data, the reduction in volumes in residential construction amounted to 25%, in the construction of engineering structures by 12.4%. The growth in work in the construction of non-residential buildings amounted to 1%.
The share of new construction to the total volume of finished construction works amounted to 46.7%, repair amounted to 25.8%, reconstruction and technical re-equipment amounted to 27.5%.
Decrease in the volume of construction work was recorded in 13 regions, in particular in Kirovohrad (by 50.5%, to UAH 219.3 million), Odesa (by 27.8%, to UAH 1.51 billion) and Zhytomyr (by 20.2%, to UAH 267.6 million) in January-March 2020, compared with the same period in 2019.
The largest growth in construction work was recorded in Chernihiv (by 22.9%, to UAH 339.2 million), Lviv (by 15.4%, to UAH 2.03 billion) and Rivne (by 12%, to UAH 356.5 million) regions in the first quarter of 2020. In Kyiv, the volume of construction work performed during that period decreased by 8.3% and amounted to UAH 6.46 billion.
The statistical data are given excluding the occupied territory of Crimea and the temporarily occupied territories in Donetsk and Luhansk regions.

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VOLUME OF CONSTRUCTION WORK IN UKRAINE 2.8% DOWN IN FEB

The volume of construction work in Ukraine in February 2020 decreased 2.8% compared with February 2019 and amounted to UAH 15.7 billion.
According to the State Statistics Service, in February, the volume of construction work increased by 11.1% compared to the previous month (according to the seasonally adjusted data, it decreased by 2.7%), while compared to December 2019 this figure fell by 8.7%.
According to the statistics agency, in February 2020 from February 2019 the volume of work increased in non-residential construction and decreased in residential and engineering. According to unadjusted data, the growth in non-residential construction was 12.5%. The reduction in construction volumes in building engineering structures amounted to 8.7% and residential construction some 0.2%.
At the same time, the share of new construction in the total volume of completed construction works amounted to 48.8%, repairs to 24.7%, reconstruction and technical re-equipment to 26.5%.
In January-February 2020 compared with January-February 2019, a decrease in the volume of construction work was recorded in nine regions, in particular, in Sumy (by 30.1%, to UAH 143.2 million), Odesa (by 29.4%, to UAH 814.6 million), and Luhansk (by 18.7%, to UAH 31.7 million).
The largest growth in construction work in January-February was recorded in Rivne (by 43%, to UAH 258 million), Kirovohrad (by 33.8%, to UAH 145 million), and Ivano-Frankivsk (by 33%, to UAH 293 million) regions.
The volume of construction work in Kyiv in January-February 2020 fell by 0.9% and amounted to UAH 4 billion.
The data are given excluding the occupied territory of Crimea and the temporarily occupied territories in Donetsk and Luhansk regions.

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VOLUME OF CONSTRUCTION WORK IN UKRAINE IN NOV 2019 INCREASES BY 19%

The volume of construction work in Ukraine in November 2019 increased by 18.9% compared to November 2018, while in October 2019 compared to October 2018 this figure rose by 14.9%. According to the State Statistics Service, the volume of construction work in November increased by 3.9% compared to the previous month (according to seasonally adjusted data, it fell by 1.1%), while compared to September 2019 this figure decreased by 6.7%.
According to the State Statistics Service, in November 2019 from November 2018 the volume of work decreased in residential construction, and increased in non-residential and engineering construction. According to uncorrected data, the growth in non-residential construction amounted to 22.8%, engineering some 24.1%. The decrease in the volume of work in residential construction amounted to 7.5%.
In addition, in November the volume of construction work in construction of residential buildings compared to October decreased by 12.8%, while in the non-residential construction increased by 7.4%, and in construction of engineering structures by 7.1%.
In January-November 2019 compared with January-November 2018, a drop in the volume of construction work was recorded in three regions of Ukraine, in particular, in Ivano-Frankivsk (by 1%, to UAH 2.763 billion), Cherkasy (5.6%, to UAH 1.655 billion), and Zaporizhia (5.2%, to UAH 3.245 billion).
The largest growth in the volume of construction work over the 11 months was recorded in Vinnytsia (two times, to UAH 9.189 billion), Chernihiv (1.5 times, to UAH 1.589 billion), and Kherson (1.4 times, to UAH 1.566 billion) regions.
In Kyiv, the volume of construction work for the 11 months grew by 26.5% and amounted to UAH 35.55 billion.
The data are given excluding the occupied territory of Crimea and the temporarily occupied territories in Donetsk and Luhansk regions.

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VOLUME OF CONSTRUCTION WORK IN UKRAINE 15% UP IN OCT

The volume of construction work in Ukraine in October 2019 increased by 14.9% compared to October 2018, while in September 2019 compared to September 2018 this figure rose by 11.3%.
According to the State Statistics Service, the data are given excluding the occupied territory of Crimea and the temporarily occupied territories in Donetsk and Luhansk regions.
According to the agency, the volume of construction work in October increased by 6.7% compared to the previous month (according to seasonally adjusted data, by 2.2%), while compared to August 2019 this figure increased by 7.2%.
According to the State Statistics Service, in October 2019 from October 2018 the volume of work decreased in-residential construction, and decreased in non-residential and engineering construction. According to uncorrected data, the growth in non-residential construction amounted to 18.8%, engineering some 22%. The decrease in the volume of work in residential construction amounted to 8.7%.
In addition, in October the volume of construction work in construction of residential buildings compared to September decreased by 8.4%, construction of engineering structures by 9.8%, while in the non-residential construction increased by 1.6%.
In January-October 2019 compared with January-October 2018, a drop in the volume of construction work was recorded in three regions of Ukraine, in particular, in Ivano-Frankivsk (by 4.5%, to UAH 2.81 billion), Cherkasy (1.9%, to UAH 1.463 billion), and Zaporizhia (5.9%, to UAH 2.81 billion).
The largest growth in the volume of construction work over the ten months was recorded in Vinnytsia (1.9 times, to UAH 6.815 billion), Chernihiv (1.5 times, to UAH 1.405 billion), and Kherson (1.4 times, to UAH 1.335 billion) regions.
In Kyiv, the volume of construction work for the ten months grew by 27.1% and amounted to UAH 31.54 billion.

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