Business news from Ukraine

Business news from Ukraine

Capacities of Ukrainian manufacturers of roofing materials enough to restore housing, infrastructure

The capacities of Ukrainian enterprises are sufficient to satisfy the need for roofing materials for the restoration of housing, social and critical infrastructure facilities affected by Russian aggression, Hanna Hontarenko, the acting director of the Ukrainian Steel Construction Center, told Interfax-Ukraine.
“Based on the results of work of the operational headquarters for the provision of construction materials in the Ministry of Regional Development, the needs of each region for roofing materials necessary for the restoration of housing, social and critical infrastructure have been determined. The internal potential of enterprises producing roofing materials in Ukraine allows us to meet these needs as soon as possible,” she said.
At the same time, the expert added that since the end of February 2022, the construction sector and the metallurgical industry have undergone significant changes.
“The destruction and occupation of the capacities of the largest metallurgical plants Azovstal and Illich Iron and Steel Works, a reduction in demand in the domestic market, an increase in the exchange rate and the cost of logistics – all these factors led to an increase in the cost of rolled metal. Since the beginning of the year, the price for certain assortment items has increased by more than 30%,” she said.
According to her, due to the aforementioned factors, steel structures manufacturers work with a low level of loading, however, due to stocks in warehouses and the work of metallurgical enterprises in Zaporizhia, Dnipro, Kryvy Rih, there is no shortage of rolled metal.
“But the situation will change when stocks are exhausted for certain assortment items that cannot be manufactured in Ukraine, and then demand will have to be met through imports,” the expert says.
As for the issue of steel roofing, the raw materials for it, namely rolled products, are produced by Zaporizhstal. Galvanizing and galvanizing/painting is carried out at the facilities of Unisteel LLC (the design capacity is 100,000 tonnes/year) or Modul-Ukraine LLC (the design capacity is 200,000 tonnes/year).

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President of Turkey signed Memorandum on Turkey’s participation in restoration of Ukraine’s infrastructure

Turkish President Recep Tayyip Erdogan signed a Memorandum on Turkey’s participation in the restoration of Ukraine’s infrastructure. In addition, Turkish campaigns will also provide consulting and technical assistance, said Deputy Head of the Office of the President (OP) Kyrylo Tymoshenko.
“In Lvov, during a meeting between President of Ukraine Volodymyr Zelensky and President of Turkey Recep Tayyip Erdogan, a Memorandum was signed on Turkey’s participation in restoring Ukraine’s infrastructure,” he wrote on his Telegram channel.
According to him, Turkish state and business structures will develop specific restoration projects, as well as provide consulting and technical assistance.
“The restoration of the bridge in the village of Romanovka, Kyiv region, is being considered as the first project,” Tymoshenko stressed.
“We thank our partners for supporting the Fast Recovery plan and our initiatives,” the deputy head of the President’s Office wrote.

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Denmark to provide Ukraine with excavators to restore infrastructure

Denmark, through the EU civil protection mechanism, has offered Ukraine 35 excavators to restore damaged and critical infrastructure across the country, the European Commission has said.
“Destroyed by the war, Ukraine needs excavators to help rebuild damaged and critical infrastructure across the country. Denmark has offered 35 heavy machinery vehicles to Ukraine via the EU Civil Protection Mechanism. First vehicles have already arrived via the EU hub in Poland,” the European Commission said on Twitter on Friday.

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Damage to Irpin’s infrastructure is estimated at UAH 25.3 bln or $922 mln

Damage to Irpin’s infrastructure from Russian military aggression against Ukraine is estimated at UAH 25.3 billion or $922 million, follows from a study by the KSE Institute as part of the RebuildUA project.
According to it, the destruction of the housing stock in the city constitutes the largest part of the total damage – UAH 17.7 billion, of which UAH 11.6 billion is the destruction of apartment buildings. In general, 48% of the entire housing stock of Irpin was destroyed – 9,690 residential buildings, household buildings and structures with a total area of 4.1 million square meters.
During the occupation of Irpin by Russians from the end of February until the liberation on March 28, some 10,500 buildings in the city were damaged, of which 2,501 were significantly damaged or completely destroyed.
As a result of the military aggression of the Russian Federation, 53% of all social facilities of the city were also destroyed, the damage is estimated at UAH 3.7 billion. According to the KSE, 54 educational institutions (damage in the amount of UAH 1.3 billion), 26 medical institutions (UAH 236 million), 16 cultural and religious facilities were destroyed due to hostilities.
In addition, damage was caused to a number of industrial infrastructure facilities. According to estimates, 323 industrial buildings worth UAH 2.9 billion were damaged or destroyed.
Due to the destruction of government, administrative buildings, police and post offices, the city suffered damage in the amount of UAH 262.5 million.
As reported, according to KSE estimates, the total amount of direct damage to the Ukrainian economy from damage or destruction of residential, non-residential buildings and infrastructure due to Russian aggression is $95.5 billion, or UAH 2.6 trillion.

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INFRASTRUCTURE MINISTER OLEKSANDR KUBRAKOV: UKRAINE SHOULD FOCUS ON MANY SMALL PROJECTS BY WAR END

Ukraine, while active hostilities with the Russian aggressor continue, is in survival mode, and during this period it is too early to take on billion-dollar projects for decades, Infrastructure Minister Oleksandr Kubrakov believes.

“Now we need to launch a lot of low-cost and small projects that will help us and our trading partners to implement them quickly and concretely,” he said in an interview with the Swiss newspaper Neue Zürcher Zeitung.

“Instead of planning completely destroyed hospitals from scratch, I prefer to focus on repairing hospitals with broken windows and damaged roofs,” the minister explained.

Among such priority projects, he named the rapid repair of bridges, roads and railway lines, which are key for the army and economic recovery, as well as all projects related to increasing the country’s export capabilities.

“Honestly, we are not talking about billions, but millions and many other small projects. New, more efficient checkpoints on the border with Poland, Romania and Moldova, new railway lines from the nearest cargo points in Ukraine, which use the European standard track instead of the Russian wide track,” Kubrakov explained.

According to him, global reconstruction in Ukraine will begin with the end of the war. The Minister of Infrastructure noted the need not just for the reconstruction of old Soviet bridges, but for the construction of new ones using modern technologies.

“Instead of repairing Soviet bridges, we should seize the opportunity to create new ones using the latest technology. And we should at least convert and electrify railways from the Soviet wide track to the European standard one in such a way that all the country’s important cargo hubs are directly connected with Europe,” the minister said.

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UK BUSINESS TO HELP RESTORE INFRASTRUCTURE IN UKRAINE

During the UK-Ukrainian infrastructure summit in London, Ukraine and the UK, as well as representatives of UK business, signed a Memorandum on Ukraine’s infrastructure restoration.
The Ministry of Infrastructure of Ukraine said in a report on its website on Saturday that this memorandum provides an opportunity for UK business to fully participate in the restoration of Ukraine’s infrastructure destroyed by Russia.
In partnership with UK business, a working group has been created that will work on the restoration of the critical infrastructure of Kyiv city and the region.
“The Ministry of Infrastructure is already developing a public register of damaged infrastructure and, together with colleagues in the government and international partners, is developing solutions for digital recovery management,” Ukrainian Infrastructure Minister Oleksandr Kubrakov was quoted as saying.
According to him, now about 30% of the infrastructure in Ukraine has been destroyed.
At the same time, in the course of work on the restoration of transport communication, 41 temporary crossings have already been installed, almost 1,000 km of roads have been cleared.
The Ministry of Infrastructure said that the government of the UK, in particular, Secretary of State for Transport Grant Shapps, from the start of a full-scale invasion of Russia, provided full support in repelling aggression, restoring destroyed infrastructure and establishing supply chains in the condition of the war.

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