Page 36 - UKRRptApr24

● processing industry (8.76%) — ₴317.5B. ● banking industry (6.5%) — ₴236.4B.
● transport and mail (6.1%) — ₴219.8B.
The top ten banks in the banking industry include Privatbank (42.99% of the total turnover), Oschadbank (9.88%), Raiffeisen Bank (9.55%), PUMB (6.79%), Universal Bank (6.68%), Ukrsibbank (6.52% ), Sens Bank (5.47%), OTP Bank (4.39%), Ukrgasbank (3.9%), and Credi Agricole Bank (3.82%). Other industries account for 20.57% of turnover, or ₴745B.
Zelenskiy announces availability of significant amount of funds for current year for all country’s regions under Made in Ukraine program President of Ukraine Volodymyr Zelenskiy, during a working visit to Sumy region, will take part in the first regional meeting on the new Made in Ukraine economic policy program.
How have Ukrainian businesses migrated during the war? Since the beginning of the full-scale war, Ukrainian companies have changed their place of registration 18,944 times. It is noted that companies in wholesale trade move most often - 39.4% of the total number, as well as in construction and real estate - 6% and 4.4%, respectively. Most often, entrepreneurs move from Kyiv (33.2%) and the Dnipropetrovsk region (9.6%), as well as from the Kyiv region (8.5%). At the same time, businesses often move to these same regions. Kyiv has become the leading area to which companies are relocating - almost 28% of the total number. Currently, the most popular route for business relocation is from Kyiv to the Kyiv region: 981 companies have chosen this route. The second most popular is the return direction, from the Kyiv region to Kyiv - 780 businesses. Rounding out the top three is the route from Kyiv to Dnipropetrovsk Region - 779 companies. During this time, 173 companies moved but later returned to their region. Most often, business returned to Kyiv - 59 companies. However, 626 enterprises have already moved several times but never returned to their native place of registration
Business activity expectations have improved, and companies are looking for new employees. According to the NBU, the index of business activity expectations rose to 47.5 from 41 in January. Trade enterprises are the only ones among the surveyed sectors to assess their business activity positively – the sectoral index increased to 50.1 from 38.9. Industrial enterprises softened their expectations but maintained pessimistic views about the results of their economic activity, at 48.3 (43.7 in January). Enterprises in the service sector also moderated their expectations but maintained negative assessments of their financial prospects – the index rose from 40.4 to 45.3 in January. Construction enterprises gave the most pessimistic estimates of their economic results for the fifth month in a row, at 43.7 against 31.9 in January. At the same time, the NBU noted that businesses are more actively looking for new employees than they were a year ago, and some companies, primarily in the trade and services sector, are planning to expand their staff. However, enterprises often fail to find specialists due to structural distortions in the labor market.
dAs Andrii Dlygach, the Director of the Advanter Group of Companies, pointed out, given its present course of European integration, Ukraine has huge opportunities in everything related to the green transition. For example, metallurgy must be restored and begin producing green steel. From an energy perspective, Ukraine will be a European energy hub and develop renewable energy and agro-processing industries. In addition, although the rise of
36 UKRAINE Country Report April 2024 www.intellinews.com