Business news from Ukraine


9 May , 2022  

The Kovalska Industrial and Construction Group is resuming work at its own construction sites in the Ukrainian capital, the group’s press service has reported.

“The real estate market is very sensitive to all shocks, but the economy cannot be restored without large business. Therefore, following the gradual resumption of work on industrial assets, we launched all construction sites in Kyiv at once,” the group’s press service cited CEO of Kovalska Serhiy Pylypenko on Friday.

It is noted that work has already begun at facilities along Drahomanova, Berezniakivska and Vavilovykh streets. The work of construction cranes, monolithic and facade work have been launched. Starting May 9, construction work at the Crystal Park Tower and Unit City facilities will resume.

Kovalska has been operating in the construction market of Ukraine since 1956. It unites more than 20 enterprises in the field of extraction of raw materials, production and construction.

Enterprises of Kovalska work in Kyiv, Zhytomyr, Lviv, Kherson and Chernihiv regions. The total number of employees is 5,000 people.

In addition, the group includes Kovalska Real Estate, which is engaged in construction of residential facilities in Kyiv. Its portfolio includes 20 completed residential projects.