Entrepreneurs note a satisfactory business climate only in the west of Ukraine. Business conditions in other regions of Ukraine are assessed by companies as difficult, and only in the Western region do most entrepreneurs consider them satisfactory, according to a survey by the Eu... #BusinessExpectation #Kharkiv #MobilizationUkraine #UkraineBusinessActivity #UkraineEconomy #ukrainianbusiness #Львів
The business community has softened its negative expectations; the construction sector feels the most confident. The Business Activity Expectation Index (BAEI) increased to 44.4 in July from 43.6 in June but is still below this year’s high of 52.3, recorded in April. Adaptability to energy supply problems,... #BusinessActivityExpectations #UkraineBusinessActivity #UkraineEconomy #ukrainianbusiness #UkrainianEnterprises
How does a business assess its state and prospects? The number of EBA member companies operating at full capacity has decreased from 78% to 64% compared to the beginning of the year. In particular, 45% of the surveyed top managers assess their business... #BusinessActivityExpectations #EBA #UkraineBusinessActivity #UkraineEconomy #ukrainianbusiness
Closure of individual enterprises in Ukraine increased by 54% and companies by 15%, but the registration of new businesses is also growing. According to analysts, almost 92,000 individual entrepreneurs (FOP) ceased their activities in Ukraine in the first half of the year, which is 54% more than in the same period last year. The most sign... #businessinukraine #FOPukraine #UkraineBusinessActivity #UkraineEconomy #UkrainianEnterprises
The EBRD identified the state and problems of Ukrainian business. After two years of full-scale war, most Ukrainian small and medium-sized enterprises (SMEs) managed to stabilize their activities, indicating their high adaptability to war conditions, the EBRD notes ... #businessinukraine #BusinessProblem #ebrd #EmployeeDeficit #investments #UkraineBusinessActivity
Ukrainian small and medium-sized businesses strive to develop abroad to maintain efficiency. Faced with an increasing number of macroeconomic challenges, small and medium-sized businesses (SMEs) in Ukraine are resorting to using artificial intelligence technologies, supplier diversification, ... #BusinessDevelopment #ForeignMarketsForUkraine #UkraineBusinessActivity #ukrainianbusiness #UkrainianEnterprises
Since the beginning of the year, Ukraine’s GDP has grown by 4.3%. According to the Ministry of Economy, in May 2024 Ukraine’s GDP increased by 3.7%, and in January-May 2024, by 4.3%. GDP growth continued thanks to high export rates supported by the stable oper... #GDPinUkraine #UkraineBusinessActivity #UkraineEconomy #ukrainianbusiness
European companies are interested in Ukraine and are not planning to leave the market. Many German companies operating in Ukraine are planning new investments despite the war, and only 8% of companies will curtail investment, according to the German-Ukrainian Chamber of Foreign Trade. A... #BusinessExpectation #ForeignCompanies #ForeignInvestor #GermanBusiness #InvestmentsinUkraine #UkraineBusinessActivity
A third of Ukrainian industrial enterprises predict en increase in the selling prices of products, and 25% have increased production. Every third industrial enterprise expects to raise the selling prices of their goods in the next three months. At the same time, the dynamics of the corresponding expectations decreased compared to th... #businessinukraine #UkraineBusinessActivity #UkraineBusinessExpectation #UkraineEconomy #UkrainianEnterprises
After two consecutive months of positive sentiment, in May Ukrainian businesses worsened their performance estimates. According to the National Bank, the index of expectations for business activity fell to 48 from 52.3 points in April. The mood of Ukrainian enterprises was affected by the increased intensity of hosti... #BusinessExpectation #businessinukraine #nbu #UkraineBusinessActivity #UkraineEconomy #UkraineLaborMarket
Farmers and lawyers have most often closed their businesses during the war. Agricultural enterprises represent the largest number of closed businesses during the war in Ukraine, with 1,261 companies from 2022 to the first quarter of 2024 inclusive. This is followed by wholesa... #agroUkraine #businessinukraine #LegalCompanies #UkraineBusinessActivity #Ukrainianfarmers
Effects from the war on small and medium-sized businesses in Ukraine have largely been overcome. Despite the war’s devastating impact, micro, small, and medium-sized enterprises have shown exceptional resilience, and after a brief shock from the Russian invasion, businesses have adapted to the ne... #BusinessExpectation #businessinukraine #UkraineBusinessActivity #UkrainianEnterprises #WarLosses
The construction business in Ukraine has the most optimistic expectations. According to a NBU survey, builders’ expectations are primarily related to the significant budget funding announced by the state for the restoration of infrastructure. Also, builders are counting on i... #BusinessExpectation #businessinukraine #ConstructionUkraine #nbu #UkraineBusinessActivity #UkraineEconomy
Exporters have adapted better to war conditions than businesses operating in Ukraine’s domestic market. Businesses engaged in exports have demonstrated better adaptability to the current situation in Ukraine compared to businesses that do not have sales abroad, although there are certain differences amo... #BusinessExpectation #UkraineBusinessActivity #UkraineExport #UkrainianEnterprises
What is the biggest obstacle to business in Ukraine? For several months in a row, the lack of personnel has remained a significant problem for Ukrainian businesses. In March, 50% of enterprises reported a shortage of employees, according to the Institut... #businessinukraine #ElectricityDeficitUkraine #EmployeeDeficit #UkraineBusinessActivity #UkraineEconomy #UkraineLaborMarket
NBU: After five months of declining sentiment, Ukrainian businesses have improved their expectations. According to the NBU Business Activity Expectations Index, the increase in sea and rail transportation, the preservation of a stable situation on the foreign exchange market, low inflationary expectat... #BusinessActivityExpectations #businessinukraine #nbu #UkraineBusinessActivity #UkraineBusinessExpectation #UkraineEconomy
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 ... #BusinessInvestments #investments #UkraineBusinessActivity #UkraineEconomy #бізнесвУкраїні
Businesses in Ukraine expect revenue growth in 2024. In 2024, top managers of Ukrainian companies predict mostly positive or stable dynamics of change in their incomes. According to an EBA survey, 41% of CEOs expect an increase in revenues in dollar ter... #BusinessExpectation #EBA #UkraineBusinessActivity #бізнесвУкраїні
Business activity expectations have improved, and companies are looking for new employees. According to the NBU, the index of business activity expectations rose to 47.5 from 41 in January. Trade enterprises are the only ones among the surveyed sectors to assess their business activity posi... #BusinessExpectation #nbu #UkraineBusinessActivity #UkraineEconomy #UkrainianEnterprises
Businesses in Ukraine are planning on expansion and will borrow money for development. According to a European Business Association (EBA) study, the number of entrepreneurs who plan to raise funds to develop their businesses in 2024 has increased to 80% from 67% last year. In addition, ... #EBA #UkraineBusinessActivity #UkraineBusinessExpectation #UkraineEconomy #бізнесвУкраїні
What changes are most expected by entrepreneurs to improve the business climate? Among the surveyed Ukrainian enterprises, 20.7% believe that to improve the business climate in Ukraine, it is necessary to lift the blockade of the western borders. The business community considers t... #UkraineBusinessActivity #UkraineBusinessExpectation #UkrainianEnterprises #бізнесвУкраїні
The index of business activity expectations in Ukraine has worsened. The index of business activity expectations, which the NBU calculates every month, decreased to 41.0 in January from 45.7 in December 2023. Given the growing pressure from production costs and logisti... #BusinessActivityExpectations #nbu #UkraineBusinessActivity #UkraineEconomy #бізнесвУкраїні
Ukraine’s business community has outlined its priorities for 2024, the lion’s share of which is related to European integration. The EBA has identified seven priorities for 2024: Harmonization of Ukraine’s legislation with EU legislation. Regulation of the issues centered around mobilization and sufficient reservation of compan... #BusinessExpectation #EBA #UkraineBusinessActivity #бізнесвУкраїні
Ukrainian businesses go into standby mode, taking fewer loans and increasing reserves to record levels. According to the NBU, in 2023 the volume of loans granted to legal entities decreased by 2% to ₴757.5B. If compared with the pre-war period, the reduction is 10 times as large. In 2022, corporate borr... #LoansforBusiness #nbu #UkraineBusinessActivity #бізнесвУкраїні
Rising production, slowing inflation, rising wages, and downsizing: Businesses announce their expectations for 2024. Companies expect business activity to grow in the next 12 months, albeit slightly slower. This is evidenced by the Business Expectations Index of enterprises, which was 101.6% in the fourth quarter of... #UkraineBusinessActivity #UkraineBusinessExpectation #UkraineEconomy #бізнесвУкраїні
What trends were observed in 2023’s business environment? According to Gradus Research, most traditional Ukrainian businesses and startups declare that they do not need to relocate from the country. At the same time, the migration of Ukrainians abroad is tan... #BusinessExpectation #SociologicalSurvey #UkraineBusinessActivity #бізнесвУкраїні
Businesses in Ukraine have downgraded their expectations for business activity. In December 2023, for the third month in a row, Ukrainian businesses have provided their restrained estimates of their current activity’s results. The Business Activity Expectations Index (BAEI) was 4... #BusinessExpectation #nbu #UkraineBusinessActivity #UkraineBusinessExpectation #UkraineEconomy #бізнесвУкраїні
The number of Ukrainian enterprises operating at full capacity has increased, but business optimism is not growing. Ukrainian businesses’ optimism is relatively high, but in recent months it has stopped growing, according to the monthly study from the Institute of Economic Research. There is optimism in the busines... #UkraineBusinessActivity #UkrainianEnterprises #бізнесвУкраїні
Despite the war, over 75% of Ukrainian companies have returned to full-time work. In October 2023, 77% of EBA member companies declared that they were operating at full capacity. The number of businesses that say they have limited operations due to the war has fallen from 53% in Oc... #BusinessduringWar #EBA #UkraineBusinessActivity #бізнесвУкраїні
Ukrainian business modestly assessed the results of its work in October. “Remaining significant security risks, destruction of production facilities, exporters’ logistical restrictions, narrowing of investment demand, growth of fuel prices, and shortage of qualified ... #BusinessActivityExpectations #nbu #UkraineBusinessActivity #бізнесвУкраїні
The mood of Ukrainian business is improving, and entrepreneurs expect the war’s end in one to three years. Entrepreneurs in four strategic regions, Lviv, Odesa, Kharkiv, and Dnipro, improved their business performance ratings compared to 2022. According to the EBA, on average, these ratings increased by 0.... #EBA #UkraineBusinessActivity #WarinUkraine #бізнесвУкраїні
Business expectations worsened in July across all sectors. The business activity expectation index, calculated by the National Bank (NBU) in July, fell by two points to 48.8 on a scale from zero to 100 after three months of being on the positive side of the s... #BusinessExpectation #nbu #UkraineBusinessActivity #UkraineEconomy
Business activity results are positive for the third consecutive month. After adapting to the difficult conditions of a full-scale war, Ukrainian business has given positive evaluations of their activities’ results for the third month in a row, according the Busines... #BusinessduringWar #nbu #UkraineBusinessActivity #UkraineEconomy
Business expectations have returned to pre-war levels due to the energy system’s stabilization and improved consumer sentiment. According to the expectations index of business activity by the National Bank, enterprises in all sectors involved in the survey more optimistically assessed the results and prospects of their activit... #BusinessActivityExpectations #UkraineBusinessActivity
Economic activity is gradually recovering in all sectors except for construction. The business activity expectations index rose to 45 last month from 37.5 in January 2023. According to the NBU, the main obstacles to enterprise recovery are the shortage of electricity, the increase ... #BusinessduringWar #UkraineBusinessActivity
Businesses sees instability, financial problems, and a lack of solvent customers as the main obstacles to recovery in wartime conditions. According to the Condition and needs of business in wartime study, among the main development problems 50.5% of surveyed businessmen named the lack of a sufficient number of paying customers. In addit... #BusinessduringWar #businessinukraine #UkraineBusinessActivity
Ukrainian businesses predict layoffs and rising prices. Despite adapting to current conditions, Ukrainian businesses have worsened their expectations regarding economic activity. The index of expectations of business activity in January 2023 decreased to 3... #businessinukraine #UkraineBusinessActivity #UkraineLaborMarket
Business activity expectations have slightly improved. As reported by the National Bank, the index of expectations of business activity in August increased to 44.1 from 43.6 in July. Industrial enterprises improved their economic expectations. The sectora... #BusinessExpectation #UkraineBusinessActivity
Economic activity has begun recovering in Ukraine. In Ukraine, economic activity is gradually recovering after a significant drop at the beginning of the full-scale invasion by the Russian Federation, said Deputy Chairman of the National Bank Serhii N... #UkraineBusinessActivity #UkraineEconomicActivity #UkraineEconomy
Ukrainian business activity expectations have declined due to quarantine restrictions. The business activity expectations index (IODA) in October 2021 was 51.4 (in September – 53.1), reported the NBU. A month of hard lockdown will cost the economy 0.3% of ... #BusinessActivityExpectations #businessinukraine #UkraineBusinessActivity
