The total direct losses of small and medium-sized businesses over the four weeks of the war are estimated at $ 85 billion.
Because of Russia's war against Ukraine, the owners of small and medium-sized businesses had to cut almost a third of their staff. Another third was sent on forced leave. This is stated in the results of a study of the 4th wave of the Advanter Group, according to “Economic Truth”.
Micro-businesses cut 42% of workers, small – 24%, and medium – 18%.
Among workers – 42% receive reduced wages.
The war completely stopped 21.6% of enterprises , and another 34.3% partially ceased operations.
However, there are positive changes. Thus, 22.9% of enterprises have increased the volume of work in recent weeks.
18.2% of businesses have moved to other regions. Another 3.4% are currently in the relocation state. 12% of enterprises have fully or partially transferred their business activity outside Ukraine.
As for the direct losses of small and medium-sized businesses during the 50 days of the war in Ukraine, they are estimated at $ 85 billion.
How business sees prospects for 2022
Micro-businesses have improved their expectations than they thought two weeks ago – turnover in 2022 should reach 71.8% compared to 2021.
Small business expects turnover in 2022 at 61.7% compared to 2021 (12 percentage points more optimistic than 2 weeks ago). The average business expects turnover in 2022 in 47.3% compared to 2021 (18 percentage points more optimistic than 2 weeks ago)
The best expectations in the IT sector, food trade, security companies health, professional services, engineering and wholesale.
Read also: NBU forecasts a fall in real GDP by at least 33%
Earlier it was reported that more than 250 Ukrainian enterprises managed to move from the combat zone to other areas. At the same time, 121 of them have already started work at the new location. Another 430 productions are waiting to be moved.
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