Business news from Ukraine

Business news from Ukraine

If hostilities end, Ukraine’s passive fire protection market could grow 2.5 times by 2026

If hostilities end in 2025, Ukraine’s passive fire protection market could grow approximately 2.5 times from 2026 to around $25 million, according to Kovlar Group, a manufacturer of passive fire protection products.

According to the company’s experts, based on the preliminary results of the Ukraine Recovery Conference 2025 (Rome) and taking into account the priority tasks for reconstruction, a change in the segmentation of the passive fire protection market by type of material is expected. Intumescent coatings for steel will account for the largest share — 35-40%, fire-resistant plasters and slabs — 20-25%, sealing systems for penetrations and protection of engineering communications — 25-30%, materials for wood protection — up to 10%, and ventilation and smoke ducts — 5-10%. There is also a forecast for growth in demand for epoxy and polyurethane fire protection systems for oil and gas infrastructure, energy, and strategic facilities, which was previously limited by the high cost of imported analogues.

Konstantin Kalafat, director of Kovlar Group, emphasized that domestic manufacturers have sufficient capacity to ensure large-scale reconstruction of the country’s infrastructure in the post-war period. In particular, Kovlar Group LLC prioritizes the restoration of the energy sector, where the speed of work, availability of materials, and increased fire safety requirements are crucial.

“The use of Ammokote products ensures the efficiency of fire protection work — our own production reduces logistics times and allows us to quickly deliver large volumes. Local production reduces the cost compared to imported analogues, which is especially important for large-scale restoration projects,” said Konstantin Kalafat, director of the company.

An important factor for reconstruction is the implementation in Ukraine of the law “On the Provision of Construction Products on the Market,” which implements the provisions of Regulation (EC) No. 305/2011 and is expected to increase the competitiveness of the Ukrainian fire protection segment in comparison with European products. According to Konstantin Kalafat, Ukrainian manufacturers of fire protection products should actively implement manufacturing and product control technologies in accordance with advanced European standards.

A critically important area of the company’s activity is fire protection of cable lines at energy facilities, where fire safety is a prerequisite for the reliable and uninterrupted operation of power generation, substations, and networks. Kovlar Group offers comprehensive solutions for cable protection: fire-retardant paints, plasters, three types of systems for penetrations, as well as special couplings, seals, and sealants. In the first half of 2025, the company developed Ammokote TOP-W, a universal finishing material for cable communication fire protection systems; certification of Ammokote EP epoxy fire-retardant paint is ongoing.

“The company adheres to transparent competitive procedures and is ready to work within the framework of open tenders, cooperate with government agencies, contractors, and project teams for prompt, safe, and economically sound reconstruction,” emphasized Konstantin Kalafat.

Kovlar Group LLC was founded in 2015 in Kyiv and is the largest manufacturer of passive fire protection products in Ukraine. According to OpenDataBot, the company’s authorized capital is UAH 1.2 million, and its ultimate beneficiaries are Kostyantyn Kalafat (40%), Andriy Ozeychuk (35%), and Lyubov Vakhitova (25%). The company’s revenue for 2024 was UAH 91.3705 million, which is twice as much as in 2023, and its net profit was UAH 13.4 million, which is 1.7 times more than in 2023. In the first quarter of 2025, the company’s revenue was UAH 13.5 million, with a net income of UAH 1,983,000.

Source: https://interfax.com.ua/news/economic/1101227.html

 

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Ruukki ventilated facades receive global warming potential rating

Ruukki ventilated facades now have a Global Warming Potential (GWP) rating, allowing architects and customers to monitor the environmental performance of materials and improve the sustainability of construction projects, according to Rauta.

GWP, expressed in kilograms of CO₂ equivalent per square meter, makes it possible to compare the environmental performance of different building materials and assess their impact on climate change within the life cycle assessment of a building.

“The availability of GWP allows customers to make informed choices in favor of the most environmentally friendly materials and earn additional points in certification according to international environmental standards LEED and BREEAM,” said Rauta Director Andriy Ozeychuk.

GWP data is available on the pages of the corresponding Ruukki ventilated facade products.

Rauta is a Ukrainian company specializing in the supply and implementation of modern building solutions using sandwich panels, steel structures, and energy-efficient technologies.

As the official representative of Ruukki in Ukraine, the company implements projects in industrial, commercial, and civil construction.

 

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Ukraine is gradually adopting European standards in construction – expert

Since 2023, Ukraine has had a law adapting EU Regulation 305 and raising the requirements for the quality of building materials. The transition to the new standards will last until 2026, Andriy Ozeychuk, director of Rauta, said in an article for Interfax-Ukraine.

The document also requires the introduction of energy efficiency, certification, and increased responsibility for the declared characteristics of products.

Rauta is a leader in the Ukrainian steel construction market and a member of the European Construction Industry Association. The company provides design, manufacturing, and installation solutions in accordance with current EU regulations. The company is licensed to perform construction works with medium and significant consequences (CC2, CC3). According to the Unified State Register, the owner of 100% of the company’s authorized capital is Andriy Ozeychuk.

 

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Staff shortage in construction makes companies reconsider approaches to personnel – Rauta

Ukrainian construction companies are experiencing a steady staff shortage, with some vacancies remaining open for up to six months, Rauta CEO Andriy Ozeychuk said in an op-ed for Interfax-Ukraine.

According to him, in 2022-2024, wages in the industry grew by about 20% annually.

Companies are increasingly attracting women and older people, and are also considering hiring workers from Asia.

Rauta is a leader in the Ukrainian steel construction market and a member of the European Construction Industry Association. The company provides design, production, and installation solutions in accordance with current EU regulations. The company is licensed to perform construction works with medium and significant consequences (CC2, CC3). According to the Unified State Register, the owner of 100% of the company’s authorized capital is Andriy Ozeychuk.

 

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Construction costs in Ukraine have risen by 70% since start of full-scale war – Rauta

The cost of construction in Ukraine has risen by 70% since the start of the full-scale war, according to Andriy Ozeychuk, chairman of the board of directors of the Ukrainian Steel Construction Center, in a blog post for the Interfax-Ukraine news agency.

In 2024 alone, the cost of building materials and services rose by 24%, which significantly affected the cost structure of new projects.

Rauta is a leader in the Ukrainian steel construction market and a member of the European Construction Industry Association. The company provides design, manufacturing, and installation solutions in accordance with current EU standards. The company is licensed to perform construction work with medium and significant consequences (CC2, CC3). According to the Unified State Register, Andriy Ozeychuk owns 100% of the company’s authorized capital.

 

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Ukraine’s construction market grew by 20% in 2024 – Rauta

The Ukrainian construction market grew by 20% in 2024 compared to the previous year, reaching about UAH 200 billion (EUR 4.6 billion), said Andriy Ozeychuk, director of Rauta, in his column for the Interfax-Ukraine news agency.

According to him, demand for new housing increased by 7% thanks to the state program “єОселя” (eHome), and the largest investments in the commercial real estate sector were concentrated in warehousing, manufacturing, and retail facilities.

The segment of reconstruction and protection of critical infrastructure accounted for about 20% of the market volume.

Rauta is a leader in the Ukrainian steel construction market and a member of the European Construction Industry Association. The company provides design, manufacturing, and installation solutions in accordance with current EU standards. The company is licensed to perform construction work with medium and significant consequences (CC2, CC3). According to the Unified State Register, Andriy Ozeychuk owns 100% of the company’s authorized capital.

 

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