Half of businesses predict growth in 2023.
Thursday, September 22, 2022

Half of businesses predict growth in 2023.

According to a survey by the EBA, 47% of the top managers from European Business Association companies predict positive dynamics for their business development in 2023. Last year, 83% of managers made optimistic forecasts. According to the Business Forecasts for 2023 survey, 28% of directors expect to maintain business indicators at the current level in 2023, and 25% expect the situation in their business to deteriorate. Most companies expect a positive financial result next year. Thus, 58% of respondents expect income growth in hryvnia and 43% in real terms. At the same time, 31% expect an increase in hryvnia income, up to 10%. Also, 31% of directors predict a fall in hryvnia revenues and 36% in real terms. Only 20% of the surveyed CEOs plan to hire new employees next year.  The majority, 53%, say they will keep their team unchanged, and the other 28% will resort to downsizing. At the same time, last year more than half of the companies surveyed planned to hire more staff.

Previous post
Hungary hinders the expansion of Ukrainian electricity exports to Europe.

Hungary hinders the expansion of Ukrainian electricity exports to Europe.

Next post
The dollar reached a 20-year high after Putin's statement on mobilization.

The dollar reached a 20-year high after Putin's statement on mobilization.

Previous Main Topics