Business news from Ukraine

Ukrainian construction industry forecasts job growth – Ministry of Reconstruction

3 July , 2023  

For the first time since February 24, 2022, construction companies plan to increase the number of employees, according to the press service of the Ministry of Reconstruction.
As noted in a press release, such positive sentiment is recorded in a survey conducted in June 2023 by the National Bank of Ukraine “Business Activity Expectations Index of Enterprises”.
According to the survey, the construction companies expect an increase in the volume of construction, the number of new orders, as well as an increase in the purchase of raw materials and supplies.
According to the research Ukrainian business positively evaluates results of its activity for the third month in a row, which indicates gradual adaptation to difficult conditions of full-scale Russian invasion.
Debugging of production and logistics chains, improvement of inflation and exchange rate expectations as well as revival of domestic demand contribute to activation of business processes.
It is noted that business expectations of the construction business have improved due to the expansion of Western logistics, road construction and rehabilitation, as well as due to weather conditions.