Business news from Ukraine

VOLUME OF CONSTRUCTION PRODUCTS PRODUCED BY TYPE IN OF JAN 2022 (MLN UAH)

Volume of construction products produced by type in of Jan 2022 (mln UAH)

SSC of Ukraine

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KOVALSKA RESUMES WORK ON CONSTRUCTION SITES

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.

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MINISTER OF EDUCATION OF UKRAINE: ALL CONSTRUCTION, AGRICULTURAL, HIGH-TECH AND PEDAGOGICAL SPECIALTIES WILL BE PRIORITY IN STATE ORDER

Minister of Education and Science Serhiy Shkarlet says that when forming the state order for 2022, all construction, agricultural, high-tech and pedagogical specialties will be a priority.
“Today we are already working with the Ministry of Economy, the Ministry of Digital Transformation regarding the formation of a budget order for 2022. The focus will be on high-tech and post-war economic recovery,” Shkarlet said in an interview on Thursday morning’s national telethon.
According to the minister, the humanitarian block, highly competitive specialties: economics, social sciences, management, public administration, lawyers will not have a large share of state funds covered in the state budget.
At the same time, Shkarlet noted that builders, all agricultural, high-tech, pedagogical specialties will be a priority, including when applying to universities.
The Minister also stressed that the emphasis is on professional higher education.

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VOLUME OF CONSTRUCTION PRODUCTS PRODUCED BY TYPE IN OF 2021 (MLN UAH)

Volume of construction products produced by type in of 2021 (mln UAH)

SSC of Ukraine

CONSTRUCTION OF BOMB SHELTERS IN NEW HOUSING CAN BE REGULATED AT LEGISLATIVE LEVEL

The construction of bomb shelters in new housing can be regulated at the legislative level, said Elena Shulyak, leader of the Servant of the People party.
“Will there be new buildings with bomb shelters? We plan to resolve this issue at the legislative level, with prescribed norms and rules. I’m sure this should become one of the requirements of users of such housing and premises,” the people’s deputy wrote on Facebook.
According to Shulyak, the role of bomb shelters can also be performed by specially designed fortified underground parking lots.
The People’s Deputy recalled that the Verkhovna Rada adopted in the first reading bill No. 7198, which provides for the restoration of housing destroyed by the occupiers at the expense of the state.
As reported, President of Ukraine Volodymyr Zelensky supported the idea of introducing a rule on mandatory shelters into state building codes.

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THE FIRST KYIV COMPANY RESUMED CONSTRUCTION OF HOUSING IN CAPITAL

Housing construction is resumed in Kyiv: the first project in the capital, where construction and installation work was resumed, was the New England residential complex.
According to the press service of the developer of the Royal House project, starting from April 5, 2022, the construction team in New England began work on the Lincoln house (5th stage of construction), work on other houses of the complex will gradually resume.

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