Business news from Ukraine

Business news from Ukraine

TERNOPIL AND RIVNE ARE LEADERS IN CONSTRUCTION WORK IN UKRAINE

1 September , 2021  

The volume of construction work performed in Ukraine in July 2021 increased 0.5% compared to the same period in 2020.
According to the State Statistics Service, in January-July 2021 compared to January-July 2020, the index of construction products amounted to 100%. The volume of construction work completed amounted to UAH 76.8 billion.
According to the statistics authority, in July 2021 the seasonally adjusted index of construction products amounted to 92.6% compared to the previous month.
The State Statistics Service reported that in July 2021 compared to July 2020, an increase in the volume of construction work was observed in residential construction by 40.2%, nonresidential – by 1.1%, while in engineering it fell by 9%.
The share of new construction of the total volume of completed construction work was 35.6%, the share of repair was 36.5%, and reconstruction and technical re-equipment was 27.9%.
An increase in the volume of construction work in January-July 2021 compared to January-July 2020 was recorded in Ternopil (by 54.8%, to UAH 1.8 billion), Rivne (by 23.9%, to UAH 1.6 billion), Volyn (by 10.8%, to UAH 1.2 billion), Cherkasy ( by 18.8%, to UAH 1.3 billion), Ivano-Frankivsk (by 14.8%, to UAH 1.8 billion), Khmelnytsky (by 13%, to UAH 2.7 billion), Odesa (by 5.8%, to UAH 11.9 billion), Donetsk (by 6.5%, to UAH 4.1 billion), Kharkiv (by 9.4%, to UAH 9 billion), Kyiv (by 8%, to UAH 7 billion UAH) regions and Kyiv city (by 0.3%, to UAH 22.3 billion).
In other regions, there was a decrease in construction volumes. The most significant drop was seen in Chernivtsi (by 30.6%) and Kirovohrad (by 33.2%) regions.

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