construction - Latest news GMK Center

Last year, the volume of construction of engineering structures decreased the most – by 67.1% y/y

Residential construction decreased by 51.9% y/y, engineering – by 58.5%, and non-residential – by 53.5%

Due to hostilities, half of the enterprises participating in the UCSC were forced to temporarily or partially stop their activities

The restoration of the Ukrainian infrastructure after the war should take place already on new bases and principles

Construction and assembly production in February 2023 increased by 6.6% y/y

Both prices and sales volumes are decreasing on the rebar market

Residential construction decreased by 52.8% y/y, engineering – by 59.8%, and non-residential – by 52.3%

However, even in the current situation, plants for the production of steel structures are loaded at 50-70%

Residential construction decreased by 2.1 times, engineering construction by 2.2 times, and non-residential construction – by half

At the end of 2022, steel prices and the cost of logistics have significantly decreased, which should contribute to demand

Demand in the primary real estate market is currently almost non-existent

It should improve road communication between the north and south of Europe