The number of businesses closed in Ukraine decreased from 32% to 17%.

Monday, May 9, 2022
The number of businesses closed in Ukraine decreased from 32% to 17%.

As of the end of April, the number of enterprises that had entirely ceased operations fell to 17% from 32% at the beginning of the full-scale war, as stated in the monthly macroeconomic and monetary review of the National Bank of Ukraine (NBU). The number of enterprises that have completely ceased operations has almost halved since the beginning of hostilities, however, 60% of enterprises operate below their pre-war levels.  At the same time, small and medium-sized businesses are recovering more slowly than larger ones. According to the NBU, most enterprises operating in agriculture, transport and processing resumed operations at the end of April. The most challenging situation is observed in the construction and mining industry, where trade congestion remains well below the pre-war level.

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