Small and medium businesses in Ukraine suffered direct losses of 64-85 billion dollars during the six weeks of a full-scale war of the Russian Federation against our country. This is stated in the study of Advanter Group.
On average, businesses expect a 46% decline in sales in 2022 compared to last year..
It is also noted that in total small and medium-sized businesses need financing of $54 billion: 87% of enterprises express the need. Fundraising is a priority among 32% of companies.
According to the data received, 49% of companies completely or almost completely stopped work on February 24. At the same time, 6.2% were able to increase the volume of work over the past two months.
It is also known that 71% of businesses have not moved their facilities to other regions and are not going to do so.. About 20% of enterprises relocated only or mainly within Ukraine, and 4.4% - exclusively or mainly abroad. In particular, more than half of IT companies moved.
Another 4.7% of businesses are planning to relocate, but still choosing a destination. For example, approximately 15% of enterprises in the field of vehicle repair and mechanical engineering want to relocate, and almost 10% of light industry representatives.
In addition, in May 2022, the business activity index, which reflects the ability of companies to increase turnover and create jobs, fell to its lowest level since December 2020: 33.82 points out of 100 possible. Microbusinesses have the worst expectations, and enterprises with an annual turnover of 50-500 million hryvnias have the best expectations.
The study also dealt with the main reasons that prevent businesses from resuming and developing.. 64% of respondents believe that this is the lack of a sufficient number of solvent customers in the domestic market, 51% - the unpredictability of the development of the situation in Ukraine and the domestic market, 29% - the lack of sufficient capital, 25% - the destruction of supply chains.
Earlier it became known that Monobank this week will resume in full lending under installment programs and purchases in installments..