One third of small, micro businesses in Ukraine to reduce number of employees
29% украинских компаний приостановили свою деятельность на период карантина, 6% полностью закрыли свой бизнес.
Censor.NET reports citing Opendatabot.
According to the survey, which was conducted on March 24-30, some 78% of respondents report a loss of up to 75% of revenue, 18% consider closing the business, 4% record an increase in profit.
Among the respondents, 41% plan to adapt staff wages, 33% have not yet decided, and 26% of business owners will keep payments at the current level, the EBA said.
"The quarantine period is really very difficult, especially for such companies that cannot transfer their business online. No one has a scenario yet. It is unlikely that anyone was ready for this type of crisis," Unlimit Ukraine project manager Elena Ero said.
At the same time, 47% of small business owners will seek new opportunities for development if quarantine lasts for an indefinite period, and 22% will be forced to close their business.
