Business news from Ukraine

Business news from Ukraine

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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PRICES FOR CONSTRUCTION WORK IN UKRAINE 7.8% UP

Prices for construction and assembly work in Ukraine in January-September 2019 increased by 7.8% compared with January-September 2018. According to the State Statistics Service, the indicators are given without taking into account the annexed territory of Crimea and Sevastopol, as well as part of the occupied territories of Donetsk and Luhansk regions.
According to statistics, since the beginning of the year, prices have risen in all segments of construction. So, in residential construction the growth was 9.8%, in non-residential some 6.6%, and in engineering 7%.
In September 2019 from September 2018, the cost of construction work in residential construction rose by 6.4%, in non-residential by 1.9%, and in engineering by 3.1%.
In addition, the State Statistics Service said that in September compared with August, the cost of construction of residential buildings increased slightly by 0.3%, engineering structures by 3.1%, while non-residential decreased by 0.3%.
According to the report, in 2018 prices for construction work in Ukraine increased by 23% compared to the previous year, while in 2017 by 13.4%.

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VOLUME OF CONSTRUCTION WORK IN UKRAINE 8.9% UP

The volume of construction work in Ukraine in August 2019 increased by 8.9% compared to August 2018, while in July 2019 from July 2018 this figure rose by 14.5%.
According to the State Statistics Service, the data are given excluding the occupied territory of Crimea and Donetsk and Luhansk regions.
According to the statistics agency, the volume of construction work in August 2019 decreased by 11.5% compared with August 2019, while this figure grew by 3.3% compared to June 2019.
According to the State Statistics Service, in August 2019 compared with August 2018, the volume of work increased in nonresidential and engineering construction. According to the unadjusted data, the growth in nonresidential construction was 21.8%, and in engineering some 10.4%. The decline in in residential construction was 11.5%.
In addition, the service said that in August, the volume of work in construction of residential buildings compared with July decreased by 27.8%, engineering structures by 11.9%, and nonresidential increased by 2.4%.
In January-August 2019 compared with January-August 2018, the drop in the volume of construction work was recorded in three regions of Ukraine, in particular, in Ivano-Frankivsk (9.7%, to UAH 1.767 billion), Cherkasy (by 0.8%, to UAH 1.054 billion) and Odesa (by 8.8%, to UAH 9.31 billion).
The largest growth in the volume of construction works during the eight months of 2019 was recorded in Vinnytsia (2.1 times, to UAH 4.805 billion), Chernihiv (1.68 times, to UAH 1.026 billion), and Kherson regions (1.45 times, to UAH 1.132 billion).
In Kyiv, the volume of construction work over the eight months of this year increased by 24.7% and amounted to UAH 23.084 billion.

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VOLUME OF CONSTRUCTION WORK IN UKRAINE IN MAY INCREASES BY 15.7%

The volume of construction work performed in Ukraine in May 2019 increased by 15.7% compared with May 2018, while the indicator in April 2019 compared with April 2018 rose by 29.4%. According to the agency, the volume of construction work performed in May 2019 increased by 6.3% compared with April 2019 (according to seasonally adjusted data decreased by 4.1%), while in April 2019 it dropped by 4.1% compared with March 2019.
According to the report, in May 2019 compared with May 2018 the volume of construction work decreased only in residential construction and in engineering – by 13.4% and 25.6% respectively.
Nonresidential construction in May 2019 rose by 28.9%.

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