Business news from Ukraine

Business news from Ukraine

Lisy Ukrainy plans to implement more than 60 projects for construction and reconstruction of forest roads

The state-owned enterprise Lisy Ukrainy plans to implement more than 60 projects for the construction and reconstruction of forest roads with a total length of more than 200 km in 2026, the company’s press service reported.

“Only paved roads can ensure stable production in any season. Our investment plan is aimed at ensuring energy independence and uninterrupted timber supplies, especially during the spring mud season, which usually paralyzes traffic on dirt roads,” the state-owned enterprise wrote on its Facebook page.

According to the plan, the largest number of facilities are planned in the Carpathian (19), Polissya (15), and Capital (11) forest offices. New construction is also planned in the Northern, Podolsk, and Central regions. The projects involve the creation of roadways and the construction of intermediate warehouses for the storage, sorting, and shipment of forest products.

As an example of the economic effect, the company cited the Ozernyansky Forestry (Ivano-Frankivsk region), where, thanks to the new road, the annual harvest will increase from 15,000 cubic meters to 17,000 cubic meters. In the Zhubrovitsa Forestry (Zhytomyr region), construction will allow 1,000 hectares of the Forest Fund, which were previously only accessible during periods of frost or drought, to be used for economic activities.

In addition to production indicators, the projects have social significance. In particular, in the Lyuboml district of Volyn, a new road between the villages of Borove and Sokol will shorten the route for local residents by 15 km, which will significantly facilitate logistics and access to firewood.

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Kazakhstan will invest $118 million in construction of new plant for  production of gelatin

KAZGELATIN LLP intends to build a plant in Almaty region to produce gelatin with capacity of 10 thousand tons per year, the press service of the Ministry of Agriculture of Kazakhstan reported.

“The project provides for the construction of a plant in Alma-Ata region to produce food gelatin and products of deep processing of animal by-products – hides, bones and other collagen-containing raw materials,” – said in the message following the meeting of Deputy Minister of Agriculture Ermek Kenzhekhanuly with representatives of the company.

In addition to the main products, the plant will produce collagen components, fodder proteins and technical fats. Total investment in the project is estimated at 58 billion tenge ($117.9 million at current exchange rates).

“Currently, the domestic market’s needs for food gelatin are fully covered by imports, despite the availability of a sufficient raw material base in the country. Kazakhstan has significant volumes of animal by-products, which, if properly processed, can become a source of high value-added products. The launch of production will reduce import dependence, increase the level of processing of agricultural raw materials and strengthen food security,” the ministry said.

Special attention was paid to the creation of a network of procurement organizations in the regions to accept hides and bones of farm animals.

As reported, in January “daughter” of Turkish Iskefe Holding began to build a plant in Almaty for the production of food gelatin with a capacity of 7 thousand tons per year. The products of this enterprise will be used in food, pharmaceutical and cosmetic industries.

According to the Ministry of Agriculture of Kazakhstan, in the sphere of processing of leather raw materials there are 11 enterprises in the country, capable to process annually 3.3 million hides of cattle and 3.1 million hides of small horned cattle. However, the actual level of processing remains low: in 2024, only 5.9% of raw materials were sent for processing, 7.7% were exported, and 86.4% remained unclaimed.

Within the framework of a comprehensive plan for the development of processing of agricultural products for 2024-2028, it is envisaged to create more than 70 collection points for wool and about 200 collection points for hides to form a stable raw material base for processing enterprises, the department said.

 

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Ukrcement calls on communities to make more active use of concrete in road construction

The Ukrcement Association advocates for the wider use of cement concrete technologies in road construction in Ukraine and calls on communities to prepare standard solutions and a package of regulatory documents for the rapid restoration of damaged sections, the association announced following the results of the scientific and practical seminar “Cement-concrete roads: technologies, standards, prospects,” which took place on February 11 in Kyiv.

In her report, Lyudmila Krypka, executive director of the Ukrcement association, emphasized the cement industry’s ability to fully supply the domestic market with cement. She also highlighted the transition to European standards in products and regulation, in particular GOST EN 197-1 and the requirements for declarations and the responsibility of participants in the construction product supply chain.

According to Ukrcement, in the context of infrastructure restoration, concrete technologies can be a practical tool for communities both for the construction of individual sections and for road repairs, and the immediate task is to develop standard designs, materials, and technologies that allow restoration work to be carried out in many cases without the involvement of large road companies.

“The most difficult times are times of change. It is important to use these changes for the benefit of the country’s development,” Krypka emphasized, stressing the importance of implementing best practices using domestic building materials that create added value for the economy.

As noted by the association, the development of cement-concrete roads is of strategic importance and could become one of the drivers of the country’s recovery and the formation of a sustainable European-level infrastructure.

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Prices for construction and installation works in Ukraine rose by 5.8% in 2025

Prices for construction and installation works in Ukraine rose by 5.8% in 2025 compared to 2024, according to the State Statistics Service (SSS).

According to the statistics agency, the growth in prices for construction and installation works in 2025 slowed down somewhat compared to previous periods: in 2024, the growth was 7.9%, in 2023 – 15.8%, and in 2022 – 27.4%.

Last year, prices rose in all segments of construction: in residential construction by 6.3% compared to 2024, in non-residential construction by 6%, and in engineering construction by 5.4%. At the same time, in December 2025 compared to December 2024, prices rose by 5.7%, 5.8%, and 5.3%, respectively.

The State Statistics Service noted that in December 2025 compared to November 2025, price growth was 0.4%.

Ukraine’s construction market in monetary terms grew by almost a quarter in 2025 – analysis

Ukraine’s construction market in 2025, in monetary terms, increased by 24% compared to 2024 – to about UAH 248 billion (approximately EUR 5.3 billion), Rauta Director Andrii Ozeichuk reported in an overview of industry trends. At the same time, the market volume remains 34% below the 2021 level, when it was estimated at around EUR 8 billion.

According to the company’s assessment, the key segments of commercial investment in 2025 remained warehouse, industrial and retail real estate, while Kyiv, Lviv and Ivano-Frankivsk regions were named the most attractive for new construction. The segment of restoration and protection of critical infrastructure facilities is singled out separately – about 20% of the market.

Demand from businesses and households shifted toward energy independence: sales of generators rose by 130%, inverters and batteries by 50%, and solar power plants by 100%. In the commercial construction market, the agricultural buildings segment grew most dynamically (+48%), while demand for new housing overall remained at the 2024 level.

Price growth in the industry, according to Rauta, slowed: the cost of construction works and materials in 2025 increased by about 15% versus 24% a year earlier, and housing prices added 5–10%. At the same time, the labor shortage intensified – the lack of specialists is estimated at about 30%, which accelerated wage growth in construction to 25–30% in 2025; among the leaders in increases were monolithic structure workers (+50%), surveyors (+44%) and concrete workers (+38%).

The overview also notes deeper digitalization and regulatory updates: in 2025, the Unified State Electronic System in the Construction Sector (USESCS) became fully operational and its functionality was expanded, the urban planning cadastre geoportal and the “Transparent Construction” application started working, and amendments to the State Building Codes (DBN) on inclusivity enter into force on April 1, 2026.

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Investments in data centre construction will total at least $3 trln by 2030

Global investments in the construction of data centres will total at least $3 trillion by 2030, according to analysts at the international rating agency Moody’s Ratings.

This amount includes investments in the purchase of servers, computing equipment, the creation of the necessary infrastructure, and the provision of power supply.

The bulk of the costs will be borne directly by large IT companies. This year alone, six leading American companies providing computing services will spend $500 billion on data centres, according to Moody’s report. These include Microsoft Corp., Amazon.com Inc., Alphabet Inc., Oracle Corp., CoreWeave Inc. and Meta.

Banks will continue to play an important role in providing financing to the industry, while other institutional investors will also provide companies with funds to expand their data centre capacity, experts say.

According to a report by investment company Colliers, data centres accounted for 31% of total investment in private real estate construction in the first three quarters of 2025. The average figure since 2020 has been around 15%.