ConstructioninUkraine

Wednesday, August 7

Ukraine will now allow foreign companies to build large facilities in Ukraine without additional licenses.

Ukraine will now allow foreign companies to build large facilities in Ukraine without additional licenses. The Cabinet of Ministers amended a resolution, opening the possibility for representative offices of foreign companies and organizations in Ukraine to engage in the construction of large facilities. T...

Friday, October 27

Ukraine’s real estate market shows signs of recovery, and the number of deals increased by 30%.

Ukraine’s real estate market shows signs of recovery, and the number of deals increased by 30%. The residential real estate market is adapting to wartime conditions, and transactions have increased by a third over the year, the Association of Residential Real Estate Developers RED Community repo...

Wednesday, August 16

Recovery in the construction industry: investments for reconstruction began to arrive.

Recovery in the construction industry: investments for reconstruction began to arrive. This summer, the Center for Economic Strategy reports that the Ukrainian construction business has become significantly more active for the first time since the beginning of the full-scale Russian inv...

Monday, June 5

In the west of Ukraine, the construction of five new food processing plants is being completed.

In the west of Ukraine, the construction of five new food processing plants is being completed. Five new factories will be constructed on the territory of a former brick factory in Rivne; these will package cereals, make teas, spices, pasta, and gluten-free sweets. Local authorities report that ...

Wednesday, May 17

Ukraine’s real estate market collapsed last year but has started slowly recovering.

Ukraine’s real estate market collapsed last year but has started slowly recovering. Sales on the primary market decreased by over 90% and on the secondary market by over 70% compared to 2021, according to a LUN study. In 2022, about 100,000 apartments were sold on the secondary marke...

Wednesday, April 5

Residential and commercial construction in Ukraine collapsed last year.

Residential and commercial construction in Ukraine collapsed last year. In 2022, construction enterprises of Ukraine completed 55.9% less projects by volume compared to 2021, the last pre-war year, according to state statistical data. The completed work volume amounted to...

Monday, February 27

The construction of new housing in Ukraine dropped by 38%.

The construction of new housing in Ukraine dropped by 38%. In 2022, 7.1 million square meters of housing were commissioned in Ukraine, 38% less than a year earlier. It is noted that according to official estimates, 74,312 apartments in multi-apartment buildi...

Friday, September 2

Apartments in new buildings in Ukraine have lost 10% of their value.

Apartments in new buildings in Ukraine have lost 10% of their value. For the eight months of the current year, the average cost of housing in the primary real estate market has decreased by 10% in dollar terms and is now $669 per square meter, dom.ria reported. In hryv...

Thursday, June 2

Real estate prices in new developments are rising across the country.

Real estate prices in new developments are rising across the country. Prices for apartments in new buildings are growing in hryvnia and dollar equivalence compared to pre-war levels, reported real estate portal LUN.ua. In Kyiv, work resumed on 23% (43) of construction...

Tuesday, February 9

Ukrgazbank, a state-owned bank, reports that since July it has made $16 million worth of low interest mortgages to 548 people.

Ukrgazbank, a state-owned bank, reports that since July it has made $16 million worth of low interest mortgages to 548 people. Ukrgazbank, a state-owned bank, reports that since July it has made $16 million worth of low interest mortgages to 548 people. Half of the mortgages are for under 10%. For dachas, or secondary homes, ...

Despite tight border controls imposed during last spring’s coronavirus lockdown, remittances from Ukrainians working outside the country increased by 2% last year, to $12.1 billion,

Despite tight border controls imposed during last spring’s coronavirus lockdown, remittances from Ukrainians working outside the country increased by 2% last year, to $12.1 billion, Despite tight border controls imposed during last spring’s coronavirus lockdown, remittances from Ukrainians working outside the country increased by 2% last year, to $12.1 billion, according to data ...

Worker migration remains strong to Poland, a country that suffered one of the EU’s smallest GDP drops in 2020 — an estimated 2.7%.

Worker migration remains strong to Poland, a country that suffered one of the EU’s smallest GDP drops in 2020 — an estimated 2.7%. Worker migration remains strong to Poland, a country that suffered one of the EU’s smallest GDP drops in 2020 — an estimated 2.7%. During 2020, the number of foreigners officially working in Pol...

Ukraine’s economy will rebound sharply to 10% growth yoy in the second quarter of 2021, breaking five successive quarters of decline

Ukraine’s economy will rebound sharply to 10% growth yoy in the second quarter of 2021, breaking five successive quarters of decline Ukraine’s economy will rebound sharply to 10% growth yoy in the second quarter of 2021, breaking five successive quarters of decline, according to a Reuters poll of 12 Ukrainian analysts. The median f...

Ukraine aims to vaccinate against Covid-19 the most vulnerable half of its population over the next year,

Ukraine aims to vaccinate against Covid-19 the most vulnerable half of its population over the next year, Ukraine aims to vaccinate against Covid-19 the most vulnerable half of its population over the next year, President Zelenskiy told a forum in Kyiv yesterday, “Ukraine 30. Coronavirus: Challenges and R...

The European Investment Bank is loaning €50 million to Ukraine to help pay for vaccines, refrigeration equipment and logistics

The European Investment Bank is loaning €50 million to Ukraine to help pay for vaccines, refrigeration equipment and logistics The European Investment Bank is loaning €50 million to Ukraine to help pay for vaccines, refrigeration equipment and logistics, Ihor Ivaschenko, Deputy Health Minister, told reporters at the forum. Ze...

People who are vaccinated or who have recovered from Covid will be exempt from quarantine restrictions,

People who are vaccinated or who have recovered from Covid will be exempt from quarantine restrictions, People who are vaccinated or who have recovered from Covid will be exempt from quarantine restrictions, Zelenskiy said, without elaborating. “Lack of faith in vaccination, refusal to vaccinate by a si...

China-Europe freight trains were up 66% yoy in January, to 1,165

China-Europe freight trains were up 66% yoy in January, to 1,165 China-Europe freight trains were up 66% yoy in January, to 1,165, reported China State Railway Corporation. The number of containers grew 75%, to 109,000 for the month. At this pace, one 94-container ...

A second private company has won permission to run freight trains on the tracks of Ukrzaliznytsia, the state railroad

A second private company has won permission to run freight trains on the tracks of Ukrzaliznytsia, the state railroad A second private company has won permission to run freight trains on the tracks of Ukrzaliznytsia, the state railroad. Promvagontrans LLC was won permission to run freight trains on four routes in cen...

Riding the e-commerce boom, Nova Poshta has launched a €14 million sorting center in Kyiv

Riding the e-commerce boom, Nova Poshta has launched a €14 million sorting center in Kyiv Riding the e-commerce boom, Nova Poshta has launched a €14 million sorting center in Kyiv that can sort up to 50,000 packages an hour. Captured in a video, the sorting center is a maze of belts, chute...

Postal operators – Nova Poshta, Ukrposhta and Meest Express – account for almost half of the 364,000 square meters of warehouse and logistics space to be commissioned this year

Postal operators – Nova Poshta, Ukrposhta and Meest Express – account for almost half of the 364,000 square meters of warehouse and logistics space to be commissioned this year Postal operators – Nova Poshta, Ukrposhta and Meest Express – account for almost half of the 364,000 square meters of warehouse and logistics space to be commissioned this year, according to a study b...

With the warehouse market tightening, Dragon Capital Group sold Omega-2, a 32,731 square meter logistics complex in Brovary’s industrial zone

With the warehouse market tightening, Dragon Capital Group sold Omega-2, a 32,731 square meter logistics complex in Brovary’s industrial zone With the warehouse market tightening, Dragon Capital Group sold Omega-2, a 32,731 square meter logistics complex in Brovary’s industrial zone, facing the city’s bypass road. “This is our first closing...

Dragon plans to return this year to its pre-pandemic levels of investment

Dragon plans to return this year to its pre-pandemic levels of investment Dragon plans to return this year to its pre-pandemic levels of investment, Dragon Capital CEO, said last week at the Global Outlook meeting hosted by the European Business Association. “In the first h...

Public works construction pulled the sector ahead last year for an overall increase of 4%, to $7.1 billion

Public works construction pulled the sector ahead last year for an overall increase of 4%, to $7.1 billion Public works construction pulled the sector ahead last year for an overall increase of 4%, to $7.1 billion, the State Statistics Service reports. Road construction was up 142% in nominal terms, making...

Starting March 1, the State Mortgage Institution will start to offer home mortgages at 7%

Starting March 1, the State Mortgage Institution will start to offer home mortgages at 7% Starting March 1, the State Mortgage Institution will start to offer home mortgages at 7%, Prime Minister Shmyhal announced last week. For reference, Ukraine’s prime rate has been 6% since June 2020....