18−20 May 2021

IEC, 15, Brovarsky Prospect
Kyiv, Ukraine

News

21 May 2013

Ukraine witnesses decline in construction output


In March 2013, the volume of construction work in Ukraine fell by 28.5% year on year, according to the country’s State Statistics Service (Ukrstat). In month-on-month terms, the growth rate in March 2013 was 10.7% in comparison with February 2013. In general, the monetary value of construction work in Ukraine between January and March 2013 came to UAH 9.435bn (€890.3m), 16.8% less than that of the corresponding period of 2012.

A reduction in construction work volume in March 2013 was observed in the construction of facilities of all kinds. There was a 14% yearly reduction in residential construction work (2.8% for three months) and a 30.8% reduction in non-residential (the figure for three months was 21.5%).

Meanwhile, new construction, reconstruction and modernisation accounted for 84.3% of the total volume of construction work in Q1 2013, and overhaul and repair for 7.9% and 7.8% respectively.

Overall, a reduction in construction output between January and March 2013 was recorded in 18 provinces and Kiyv, whereas in Kiyv there was a 34% reduction in comparison with January-March 2012. The most substantial reduction was observed in the Rivne Province (69.4%). Conversely, the most substantial increase, 140%, in Q1 2013 was seen in the Autonomous Republic of Crimea. 
Backimg

Archive