Business news from Ukraine

Business news from Ukraine

HOUSING COMMISSIONING IN UKRAINE INCREASES 48% IN JAN-SEPT

Housing commissioning in Ukraine through January-September 2019 increased 48% compared to the same period in 2018, to 7.743 million square meters.
As Ukraine’s State Statistics Service said, the report does not include information from Russian-occupied areas: Crimea, Sevastopol and parts of Donetsk and Luhansk regions.
According to the service, the share of commissioning of houses built without permits for construction work and put in operation under temporary commissioning rules was 25.6% (1.98 million square meters).
According to the report, 4.799 million square meters of housing was commissioned in urban areas in the first nine months of 2019, and 2.944 million in rural areas. Some 54.1% of total volume of housing was commissioned in single-family houses, and 45.9% in houses with two and more apartments.
Over the period, 87,374 apartments were commissioned, including 61,500 in urban areas and 25,900 in rural areas. Average area of apartments was 88.6 square meters.
Some 56.1% of housing was commissioned in Kyiv city and region, as well as Lviv, Ivano-Frankivsk and Odesa regions in the first nine months of 2019, in particular in Kyiv city – 934,500 square meters.
The decline in the volume of commissioning was seen in Kharkiv region – by 8.1%, to 262,700 square meters.
The biggest growth in housing commissioning year-over-year (not taking into account temporary commissioning rules) was seen in Chernivtsi (by 169.8%, to 356,700 square meters), Mykolaiv (by 126.4%, to 67,900 square meters), Ternopil (by 116.3%, to 268,900 square meters), Ivano-Frankivsk (by 120.2%, to 569,900 square meters) and Kirovohrad regions (by 120.1%, to 56,500 square meters).