American Chamber of Commerce: What foreign and Ukrainian businesses expect in 2024.

This year, 74% of AmCham members in Ukraine achieved their planned financial results, while 24% were not able to do so. Next year, 46% of surveyed companies hope for an increase in revenues, 41% believe that revenues will not change, and 13% predict a decrease.

Also, 55% of respondents indicate that the number of personnel in their companies will remain unchanged, 33% will increase the number of employees, and 12% expect a decrease. 54% of member companies reported that their investments would remain unchanged. Also, 40% of respondents believe the war will end in 2025, 24% in 2024, and 17% in five years.

Apart from full-scale war, the biggest geopolitical risks in 2024 that could affect Ukraine and potentially business are the US elections, global armed conflicts/wars, supply chain and economic security disruptions, and resource scarcity. Businesses also expect authorities to strengthen national security and defense by demining territory, carrying out judicial reform, and ensuring the protection of supply chains.