War & Business: The Ukraine Business Network has been launched. Tucked away amid the sloping hills of Kyiv, a select group of business investors, representatives, and entrepreneurs gathered at the Parkoviy Congress Center to gain insight into investment prospects ... #AndrewPryma #DoingBusinessDuringWar #MarcMcNamee #ubn #UBNnetwork #UkraineBusinessDuringWar #UkraineBusinessNetwork #ukrainebusinessnews #War&Business #WarandBusiness #WarandUkraineBusiness
Last year, Ukraine’s economy suffered a decline in all industries. According to state statistics analyzed by the parliamentary committee on finance, the biggest drop was in construction, by 65.1%. Industrial production fell by 36.9%, the mining industry by 37.9%, the... #UkraineBusinessDuringWar #UkraineEconomy #UkrainianEnterprises
Ukrainian business losses from the war are estimated at $13B. As well, $24.9B will be needed to restore damaged or destroyed enterprises, KSE Institute experts calculated. About $9B of the mentioned amount are from large and medium-sized enterprises. At least 10... #UkraineBusinessDuringWar #UkraineDamages #UkraineLossesDuringWar
The financial stability of businesses has slightly improved. The number of companies that claim that their monetary reserves are sufficient for a period of more than a year has increased from 19% to 30% since May, the EBA reported. Currently, 30% of companies c... #businessinukraine #UkraineBusinessDuringWar
Most Ukrainian entrepreneurs reported a significant income decrease due to the war. According to a Mastercard survey, 79% of respondents stated a decline in business volume. This reduction ranges from 50% to 99% for half of the entrepreneurs. However, every fifth entrepreneur managed... #UkraineBusinessDuringWar #ukrainianbusiness
The Ukrainian government wants to boost businesses through a grant program. Prime Minister Denys Shmyhal instructed the relevant ministries to immediately work out proposals for a grant program to support small and medium-sized enterprises. Through the grant support of Ukrai... #DenysShmyhal #GrantsForBusiness #UkraineBusinessDuringWar
