Some 87% of businesses in Ukraine are ready to actively join the country’s post-war economic transformation — survey
87% of members of the American Chamber of Commerce in Ukraine are ready to actively participate in Ukraine’s post-war economic rebuilding though only 41% of them were fully operational as of April 18, 2022. AmCham Ukraine is an international business association representing US, international and Ukrainian companies.
The businesses had to change a lot during the war to continue operations. According to the association’s survey, 52% of the member companies had to reshape business models, 40% — implemented cost-cutting efforts, 20% — launched new business directions or services. Also, 17% of the companies took projects from the parent offices in other countries, 13% — search for new clients outside Ukraine, 9% — search for financing in different countries. Unfortunately, 2% of members were forced to sell assets. Only 17% indicated they had no changes at all.
However, the biggest challenge for the companies has been the safety and security of employees. Some 76% of companies said that all of their employees are safe. Sadly, there were painful numbers also, with 14% of companies having instances of employees injured and 7% — having instances of employees killed.