Business news from Ukraine

VOLUME OF CONSTRUCTION WORK IN UKRAINE 30% UP IN APRIL

The volume of construction work performed in Ukraine in April 2019 increased by 29.4% compared with April 2018, while the indicator in March 2019 compared with March 2018 rose by 29.7%.
The State Statistics Service said that the data are given excluding the occupied territory of Crimea and the temporarily uncontrolled territories in Donetsk and Luhansk regions.
According to the agency, the volume of construction work performed in April 2019 decreased by 4.1% compared with March 2019 (according to seasonally adjusted data by 3.2%), while in March 2019 it grew by 3% compared with February 2019.
According to the report, in April 2019 compared with April 2018 the volume of construction work decreased only in residential construction and in engineering – by 3.1% and 44.5% respectively.
Nonresidential construction in April 2019 rose by 41%.

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VOLUME OF VENTURE INVESTMENT IN UKRAINE 30% UP IN 2018

The volume of venture capital attracted by Ukrainian companies and startups in 2018 amounted to $336.9 million, which is 30.3% more than in 2017, according to a review of the Ukrainian Venture Capital and Private Equity Association (UVCA).
According to the document prepared in partnership with Deloitte, the number of transactions increased by 29% and reached 115.
UVCA notes that venture capital funds focused on transactions on the seed stage, the number of which increased to 21 from 11, and the average check for such transactions with the announced investment volumes rose by almost 90%, to $918,000.
The survey also states that the number of transactions and the volume of investments in 2018 grew during the pre-seed, seed and growth development stages.
According to UVCA, the most active investments are received by companies from the sectors that are least exposed to political risks – online services, software, hardware, marketplace, and e-commerce.
According to the document, in 2018 there were seven M&A transactions for a total of more than $25 million (this figure was first included in the report), as well as seven angel investments in startups worth $900,000. Last year’s largest transactions in the market were Gitlab with $100 million and BitFury with $80 million.
The Ukrainian Venture Capital and Private Equity Association (UVCA) was created to disseminate information about investment opportunities in Ukraine and multi-vector support of investors.

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VOLUME OF CONSTRUCTION WORK IN UKRAINE 30% UP IN MARCH

The volume of construction work performed in Ukraine in March 2019 increased by 29.7% compared with March 2018, while the indicator in February 2019 compared with February 2018 grew by 19.4%, according to statistics.
The State Statistics Service said that the data are given excluding the occupied territory of Crimea and the temporarily uncontrolled territories in Donetsk and Luhansk regions.
According to the agency, the volume of construction work performed in March 2019 increased by 3% compared with February 2019.
According to the report, in March 2019 compared with March 2018 the volume of construction work decreased in residential construction – by 14.9%.
Nonresidential construction in March 2019 rose by 47.2% and in engineering – by 54.1%.
In March 2019 compared with February 2019, the volume of residential construction grew by 15%, nonresidential construction by 32.1%, and in engineering it grew by 37.7%.

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VOLUME OF CONSTRUCTION WORK IN UKRAINE INCREASES BY 29.7% IN MARCH

The volume of construction work performed in Ukraine in March 2019 increased by 29.7% compared with March 2018, while the indicator in February 2019 compared with February 2018 grew by 19.4%, according to statistics. According to the data, the volume of construction work performed in March 2019 increased by 3% compared with February 2019.
According to the report, in March 2019 compared with March 2018 the volume of construction work decreased in residential construction – by 14.9%.
Nonresidential construction in March 2019 rose by 47.2% and in engineering – by 54.1%.
In March 2019 compared with February 2019, the volume of residential construction grew by 15%, nonresidential construction by 32.1%, and in engineering it grew by 37.7%.

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