Business news from Ukraine

The volume of construction work performed in Ukraine in August 2020 increased 8.3% compared to August 2019, while in July compared to July a year earlier it decreased 1.1%.
According to the State Statistics Service, since the beginning of the year, the volume of construction work completed amounted to UAH 97.8 billion. In general, in January-August this year, this indicator decreased 2.8% compared to the same period last year.
According to the statistics department, in August the indicator increased 2.6% compared to the previous month (according to seasonally adjusted data by 3.6%), while in July compared to June this indicator increased 2.7%.
According to the State Statistics Service, in August 2020 compared to August 2019, the volume of work decreased in residential and nonresidential construction. Thus, according to unadjusted data, the decrease in volumes in residential construction was 11.9%, in the construction of nonresidential buildings it was 5.4%. At the same time, the construction of engineering structures grew by 20.2%.
The share of new construction of the total volume of completed construction work amounted to 39.8%, repairs – 33.2%, reconstruction and technical re-equipment – 27%.
The statistics are given without taking into account the occupied Crimea and the temporarily occupied territories in Donetsk and Luhansk regions.