A significant part of Ukrainian businesses is considering investment despite the war,

Monday, March 18, 2024
A significant part of Ukrainian businesses is considering investment despite the war,

according to data from the Institute of Economic Research. In 2023, 45% of surveyed companies invested in their development or restoration, and 44% were ready to invest in 2024. These are some of the best figures that have been observed since 2011, with more business investment plans reported only in 2018-2020.

However, the main obstacles to investment are economic uncertainty, political instability, and insufficient company profits.

At the same time, Ukrainian businesses are gradually emerging from complete uncertainty and are beginning to make plans. In February 2024, only about 15% of business owners and managers could not provide an answer regarding their business plans for the next six months. In February 2023, 40% of those surveyed expressed similar situations.

The share of enterprises operating at 100% capacity is gradually increasing: in February 2023, 6% of businesses were operating at full capacity, now it is 15%.

 

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