Maxim Shkil Urges Government to Cut Road Construction Spending to Pay Contractor Debts
The founder of Autostrada construction company has called on the government to halt non-essential road projects to clear billions in outstanding debts owed to businesses.
Photo: ТСН: Гроші
Key points
- Autostrada founder criticizes continued funding for the H-31 highway project.
- State arrears to the company previously peaked at about UAH 15 billion.
- The firm reported severe personnel and equipment losses due to military strikes.
Maxim Shkil, the founder of the construction firm Autostrada, has publicly appealed to government leadership to reassess state budget priorities and optimize capital expenditures. According to him, current spending on secondary large-scale projects remains unwarranted given the broader economic constraints.
The businessman specifically pointed to the construction of the new H-31 highway in the Dnipropetrovsk and Poltava regions, valued at UAH 10 billion. He argued that since the existing road is already in ideal condition following recent repairs totaling over UAH 1 billion, building a parallel four-lane route is unnecessary, and those funds should instead be redirected to cover existing debts to contractors.
«This is a concrete result of working in wartime conditions», — Shkil emphasized regarding his team's completed projects.
The contractor also highlighted the company's role in securing critical energy infrastructure, noting that engineered protection systems built by Autostrada have successfully withstood numerous missile strikes, preserving power for hundreds of thousands of citizens. At the same time, Shkil raised concerns over human and material losses, stating that Russian attacks have killed 5 employees, injured over 20, and damaged or destroyed around 50 specialized vehicles without any state compensation. Previously, he reported that the state's debt to his company had reached approximately UAH 15 billion.
Source ТСН: Гроші — tsn.ua/groshi/derzava-povynna-zaluchaty-do-vykonannia-planiv-stiykosti-… ↗
Read next
Ukrainian Gas Stations May See Gasoline Prices Drop to UAH 80/L by End of November
Retail gasoline prices in Ukraine could decrease by around 10% over the next two to three weeks, reaching UAH 80 per liter or lower. Meanwhile, autogas prices are expecte…
Ukraine Cannot Launch Grain Intervention Purchases, Agrarian Ministry Says
State intervention purchases of agricultural products are impossible due to a 180 billion UAH funding deficit and blocked sea export routes.
Kernel Agricultural Holding Halts All Oil Extraction Plants Due to Shelling
Ukraine's largest sunflower oil producer Kernel has suspended operations at all eight of its oil extraction plants following massive attacks on the food industry.
Ukraine's Government and Parliament Align on Legislative Priorities for International Aid
Speaker Ruslan Stefanchuk and PM Serhiy Koretskyi coordinated steps for the 2027 budget and reforms required for continued foreign financing.
Ukraine expects energy and humanitarian assistance packages from EU soon — Zelenskyy
Following talks in Dublin with EU leaders, President Volodymyr Zelenskyy announced that Ukraine anticipates receiving winter aid packages covering energy, humanitarian ne…
Ministry of Defense appoints new deputy for defense budget
The Cabinet of Ministers has appointed Oleksandr Plachynta as Deputy Minister of Defense to oversee the agency's financial resources and budget policy.