Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Ukraine’s TMM Says Revenue Drops 37% on Lack of New Projects

TMM Real Estate Development Plc, Ukraine’s biggest property developer, said first-half sales fell 37 percent as the construction industry contracted.

Revenue at TMM Real Estate declined to $14.3 million in the six months ended June 30, 2012 from $22.8 million in the same period a year earlier, the company said in an e-mailed statement today. The lack of new projects caused more than a three-fold decline in sales of completed property in the period to $5.5 million from $17.4 million a year earlier, TMM said.

Ukraine’s construction industry declined by 8 percent in the first eight months of the year, Prime Minister Mykola Azarov said on Sept. 19. This caused economic growth to slow to 1.5 percent in the period compared with 2.5 percent in the first half of the year, said Azarov.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.