{"id":788509,"date":"2022-08-12T14:47:32","date_gmt":"2022-08-12T11:47:32","guid":{"rendered":""},"modified":"2024-01-31T22:52:51","modified_gmt":"2024-01-31T20:52:51","slug":"biznes-pokrashhyv-otsinku-vlasnoyi-finansovoyi-stijkosti","status":"publish","type":"post","link":"https:\/\/new.eba.com.ua\/en\/biznes-pokrashhyv-otsinku-vlasnoyi-finansovoyi-stijkosti\/","title":{"rendered":"The financial stability of businesses has improved"},"content":{"rendered":"

Currently, 30%<\/strong> of companies claim that their financial reserves<\/strong> will be enough for more than a year, while in May it was 19%. Namely 48<\/strong>%, assess their financial stability to suffice for half a year, and another 16%<\/strong> \u2013 for a year. Only 2%<\/strong> of businesses report that their financial reserves have already been exhausted. These are the results of a new wave of business surveys conducted by the European Business Association.\u00a0<\/span><\/p>\n

All the companies we interviewed have already resumed their work<\/strong>. Of them, 49%<\/strong> resumed their activities in full, and 51%<\/strong> \u2013 partially. Among the companies operating partially, 44%<\/strong> had to reduce the geography of their activities, 20<\/strong>% had to close part of the offices or retail outlets, and 18%<\/strong> had to switch to online.<\/span><\/p>\n

The dynamics of salary payment<\/strong> by companies remain practically unchanged. Thus, 61%<\/strong> continue to pay the salary in full, and 28%<\/strong> do so with advance or additional payments. However, the number of companies reducing the pay rate increased to 21%<\/strong>, while in May there was 13%<\/strong>. At the same time, 7%<\/strong> of companies send staff on unpaid leave, and 10%<\/strong> had to resort to layoffs.<\/span><\/p>\n

Supporting the employees who have joined the Armed Forces remains the #1 priority for business in the context of activities that strengthen the Ukrainian defense and social sector. Thus, 46% of companies continue to be engaged in volunteering<\/strong>, namely, 40% continue to help with products, 34% \u2013 with finances, 17% \u2013 with medicines, 16% \u2013 with services, and 15% \u2013 with means of protection. Although these indicators are slightly lower than in the spring, they are still significant. Only 6% have exhausted their resources for helping the country.<\/span><\/p>\n

Unfortunately, business continues to experience losses<\/strong> with each day of the war. Thus, in 5 months of russian aggression, 41% of companies suffered losses of up to 1 million dollars, 32% estimated losses in the range of 1-10 million dollars, and 18% reported losses of more than 10 million dollars.<\/span><\/p>\n

Moreover, at least 38% suffered losses from hostilities directly<\/strong>. Of those companies whose assets were destroyed or damaged, half are still at the stage of documenting losses, 28% have turned to law enforcement agencies, and 6% have filed lawsuits in national courts.<\/span><\/p>\n

Only 8% of companies use state or international programs to support their activities<\/strong>. Namely, 5% use the option of paying a single tax of 2% and other tax benefits.<\/span><\/p>\n

Every fifth company that took part in the survey reports that it has branches, offices, or assets situated in the temporarily occupied territories<\/strong>. At the same time, 12% of businesses we surveyed reported that the hostilities forced them to relocate their office or production to another region within the country, and only 3% \u2013 abroad.<\/span><\/p>\n

\"\"<\/p>\n

For reference:<\/span><\/em><\/p>\n

The survey was conducted from August 3 to 9, 2022, and 102 CEOs of the EBA member companies took part in it.<\/span><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Currently, 30% of companies claim that their financial reserves will be enough for more than a year, while in May it was 19%. Namely 48%, assess their financial stability to suffice for half a year, and another 16% \u2013 for a year. Only 2% of businesses report that their financial reserves have already been exhausted. […]<\/p>\n","protected":false},"author":23406,"featured_media":426373,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[15563,15571,15590],"tags":[],"class_list":["post-788509","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-main-news-en","category-press-releases-en","category-research-and-analysis-en"],"_links":{"self":[{"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/posts\/788509","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/users\/23406"}],"replies":[{"embeddable":true,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/comments?post=788509"}],"version-history":[{"count":0,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/posts\/788509\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/media\/426373"}],"wp:attachment":[{"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/media?parent=788509"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/categories?post=788509"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.eba.com.ua\/en\/wp-json\/wp\/v2\/tags?post=788509"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}