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УКEN
LUTSKINVESTMENT The city of development
Капітальне будівництво

The city's construction sector continues to show a trend of increasing volumes of completed work.

Since the beginning of the year, construction contracting enterprises have carried out work worth more than UAH 119 million, which in comparable prices is 50% more than a year earlier (37.5% more in the region). Contracts concluded for the year have been fulfilled by 91.5%.

The city's builders completed two-thirds of the region's total volume of work.

The share of work performed by enterprises under collective ownership rose to 79.6%, while the share under state ownership decreased to 10.5% and under private ownership to 9.9%.

It should be noted that enterprises of all forms of ownership increased their volumes of work: state-owned by a factor of 2, while private ones by 56.8 percent and collective ones by 44.9 percent.

Since the beginning of the year, 47 enterprises have been operating in the city, of which 12 enterprises incurred losses totaling UAH 1.04 million based on the results of their activities.

Customers of all forms of ownership commissioned 22 thousand square meters of housing.

4.5 thousand people are employed in the city's construction industry.

Wages in construction increased by 2.1% and amounted to UAH 549.38 per employee in full-time equivalent. The level of working time utilization by one staff employee in construction was 86.3%. Wage arrears in the construction industry amount to UAH 490.4 thousand, or 31% of the monthly wage fund.

Accounts payable remain significant (UAH 44.6 million) and exceed accounts receivable (UAH 42.0 million).

Denationalized construction enterprises, which account for 21.7% of the total number of contracting organizations, performed work worth UAH 13.5 million through their own resources, or 11.3% of the total volume of contracting work. The volumes of work of these enterprises grew by 18.1% compared with the previous year.

The cost growth index for construction and installation work was 1.038. This indicator is linked to price dynamics for construction materials. Thus, at the end of the year, the price of sawn timber was UAH 390.58, whereas in the corresponding month of 2002 it was UAH 337.63 per cubic meter; ceramic and silicate bricks cost UAH 287.73 and UAH 257.78, and the year before last UAH 286.19 and UAH 246.45 per thousand conventional pieces; bitumen respectively UAH 971.54 and UAH 947.74 per tonne.
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