According to AmCham Ukraine, most businesses in Ukraine have kept working, even after 50 days of the war.

Wednesday, April 20, 2022
According to AmCham Ukraine, most businesses in Ukraine have kept working, even after 50 days of the war.

 According to a survey, “Doing Business during War in Ukraine. Week 8”, 41% of AmCham Ukraine member companies are fully operational, 50% continue to partially work, 29% have relocated within Ukraine, and 19% have relocated outside Ukraine. 15% of businesses had to close offices in some regions, and 2% had to shut down completely. The AmCham members were asked to identify what their companies were doing differently during the war to continue operations. 52% indicated they had to reshape business models, 40% – implemented cost-cutting efforts, and 20% – launched new business directions or services. 17% – took projects from their parent offices in other countries, 13% – searched for new clients outside Ukraine, 9% – searched for financing in different countries. Unfortunately, 2% of members were forced to sell assets. Only 17% indicated they had no changes at all.

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