The level of services as before the war: when will business be restored in Ukraine

We tell you how quickly Ukrainian companies will be able to return to work at the pre-war level, and what they need for this

When Ukrainian companies will recover from the war / Photo: Getty Images, Collage: Today

Ukrainian enterprises have suffered greatly from a full-scale war with the Russian Federation. Particularly the losses were suffered by those working in construction, the service sector, science and education. Many companies in automotive business, consulting and auditing, the agricultural sector, industrial and energy ceased to exist.

However, most companies were able to hold on and adapt to the new conditions, and are now preparing for recovery. What they need for this, “Today” was told in eexpert-analytical center of the personnel portal grc.ua.

Can you expect a speedy recovery?

According to the portal’s research, 54.2% of the interviewed entrepreneurs said that their company is already operating. Another 16% reported that the business operates, but only in safe regions.

At the same time, those who have not been able to resume work can not yet talk about any prospects and are waiting for the war to end.

But as to whether it is possible to resume the level of activity to the pre-war level very quickly, the answers of businessmen are as follows.

“Restrained optimistic forecasts for the resumption of business to pre-war levels are voiced by more than half of the companies. 29.1% of companies are counting on a speedy recovery, which will last no more than six months. 19.4% of companies will resume during the year,” the study says.

What help do companies need to recover quickly

Businessmen say that they need the help of the state and the implementation of changes at the state level. In particular, in order to restart the activities of companies quickly and return the economy to pre-war levels, the following is needed:

  • reduction of the tax burden;
  • rooting out corruption;
  • implementation of existing programs to support small and medium-sized businesses;
  • assistance from international funds;
  • loans at the lowest rates.

“Most companies are aware that they will not have enough of their own funds to fully resume their activities. 73% of respondents said that they will need additional investments. Every fourth company (26.2%) is counting on state financial assistance, 16 hopes on international funds .9% of companies”, – added to grc.ua.

How many enterprises in our country are associated with the Russian aggressor

Earlier we said that 273 Ukrainian companies and organizations have links with 251 Russian enterprises. Of these, 40 are part of well-known financial and industrial groups or groups of companies.

What areas do they work in? If we take 100% of companies with ties with the Russian Federation, the distribution between them is as follows:

  • 20% – real estate transactions;
  • 13% – wholesale trade in various goods;
  • 8% – construction sector;
  • over 5% – agriculture.

Read more about the YouControl study, and which famous politicians own such companies, in our material.

We also wrote why Russia is blocking Ukraine’s grain exports, and what occupation the holding found for the workers, which stopped work in the Russian Federation.

Source: Segodnya

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