The volume of construction work performed in Ukraine in January increased by 6.1% y/y

In January 2025, the index of construction work performed in Ukraine increased by 6.1% compared to the same month in 2024. At the same time, the index fell by 72% compared to the previous month. This is evidenced by data from the State Statistics Service.

The drivers of growth in the annual comparison are the construction of buildings and non-residential construction, which increased by 12.3% and 22.9%, respectively. Residential construction decreased by 4.2% yoy, and construction of engineering structures – by 0.3% yoy. All types of construction experienced a significant month-on-month decline, in particular:

  • buildings – by 67.2%;
  • residential buildings – by 51%;
  • non-residential buildings – by 71.8%;
  • engineering structures – by 76.1%.

The share of new construction in the total volume of construction work performed in January 2025 amounted to 48.4%, repairs – 29.2%, reconstruction and technical re-equipment – 22.4%.

The volume of construction work performed during the month in monetary terms amounted to UAH 9.44 billion. In particular, residential buildings accounted for UAH 1.69 billion, non-residential buildings for UAH 3.26 billion, and engineering structures for UAH 4.49 billion.

As GMK Center reported earlier, the volume of construction works in Ukraine last year increased by 15.5% y/y – to UAH 204.7 billion. In terms of individual segments, the increase in construction works last year was as follows residential construction – by 7.6% y/y, to UAH 26.6 billion; non-residential construction – by 26.2% y/y, to UAH 57.7 billion; engineering structures – by 12.5% y/y, to UAH 120.4 billion.

In 2024, the share of new construction in the total volume of construction work was 41.1%, repairs – 32.6%, reconstruction and technical re-equipment – 26.3%.

  • Companies

Agreement with the US on mineral resources could boost Black Iron project in Ukraine

The Canadian mining company Black Iron Inc, which is implementing the Shymanivske iron ore project,…

Tuesday May 6, 2025
  • Companies

Northern Mining modernizes roasting machine and increases its productivity

Northern Mining and Processing Plant (Northern Mining), a part of Metinvest Group, has completed a…

Tuesday May 6, 2025
  • Global Market

India increased iron ore production to 289 million tons in FY2024/2025

India increased its iron ore production by 4.3% year-on-year to 289 million tons in the…

Tuesday May 6, 2025
  • Global Market

Nucor cuts prices for hot rolled coils by $20/t

American steel company Nucor has announced a reduction in the weekly spot price (CSP) for…

Tuesday May 6, 2025
  • Companies

Kametstal carries out overhaul of converter No. 1 with renewal of key systems

Kametstal, a Metinvest Group steelmaker, has launched a major overhaul of one of its key…

Tuesday May 6, 2025
  • Global Market

Middle East billet prices fell by $3/t in early May

The indicative price of iron steel in the Gulf countries fell from $447/t to $444/t…

Monday May 5, 2025