Apartment construction costs in Kyiv have risen by 8% over the last six months

Thursday, May 17, 2018
Apartment construction costs in Kyiv have risen by 8% over the last six months

, cutting profit margins almost in half, to 15%, Sergei Prikhodko, deputy director of Aubry construction company, tells Interfax. Building materials, such as bricks and plaster, have gone up in price by 17-20% and labor costs rise as companies raise wages and start loyalty programs to dissuade workers from going to Poland.

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