Turnover will drop by up to 50% in the first half of this year

Thursday, April 9, 2020
Turnover will drop by up to 50% in the first half of this year

Turnover will drop by up to 50% in the first half of this year, report half of 60 company members surveyed by the Franco-Ukrainian Chamber of Commerce and Industry. Of the companies, 60% have put more than half of their staff on work at home status. Half of the companies see cash flow as a big problem during the first semester. But 75% say the quarantine does not threaten their company’s survival in Ukraine.

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The World Bank predicts that Ukraine’s economy will shrink this year by 3.5%.

The World Bank predicts that Ukraine’s economy will shrink this year by 3.5%.

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