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Fewer companies closed in Ukraine this year than before the war

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As of November 2023, since March 2022, only 6482 companies in Ukraine have started the process of closure, and only 17% of them have entered bankruptcy proceedings. This is reported by Opendatabot, according to UNN

Details

It is noted that  this year, on average, 479 businesses are shutting down per month. This is almost three times less than in the same period in 2021

READ MORE: In 2024, businesses will be able to receive 15 thousand development grants from the state - the Ministry of Economy

NGOs are the most frequently closed - 1068 companies. Wholesale trade enterprises are in second place - 826 companies, and agricultural companies are closing the anti-top - 492492 cases.

According to statistics, most businesses are closed in Kyiv - 893 cases, followed by Lviv region 526 companies. Dnipropetrovska oblast is also in the top three, with 479 businesses closing down there.

Addendum 

The most high-profile bankruptcy of the year  is the process of closing down the Ukrainian airline UIA, associated with Ihor Kolomoisky.

In addition, the top 3 companies in the process of closure by turnover are Mariupol Ilyich Iron and Steel Works, Azovstal, and one of the companies of the WOG chain.

It is worth reminding

In 2023, the Ukrainian gambling business paid UAH 9.6 billion in taxesin 11 months. This is 13 times more than the whole of last year and 48 times more than the whole of 2021.

SEE ALSO: The government expects industrial parks to help change the structure of the economy from raw materials to processing

Volodymyr Omelchenko

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