In Ukraine from April 1, 2022 to April 1, 2023, 203.921 thousand FOPs were closed, while at the same time 208.936 thousand new FOPs and more than 32 thousand companies were registered, according to analytical materials “Opendatabot.”
“Despite full-scale hostilities and blackouts, business in Ukraine continues to grow. At the beginning of April 2023, the total number of registered FPOs amounted to 1.9 million, companies – more than 1.2 million,” – reported in the review.
It is reminded that from the beginning of full-scale war and almost till the end of March, the Unified State Register did not work, therefore it was impossible to register a new business or to close an existing one in the legal field. All data refers to the period from April 1, 2022 to April 1, 2023.
As noted, the military year was not a record for the closure of businesses: at the beginning of April 2023, 203.921 thousand FOPs were closed, while in previous years in Ukraine on average 260 thousand FOPs were closed per year.
At the same time, during the analyzed period – from April 1, 2022 to April 1, 2023 – 208.936 thousand new FOPs were registered.
As the analysts of “Opendatabot” note, in contrast to small and medium-sized businesses, the number of new companies significantly exceeded the number of closed ones. More than 32,000 companies were registered during the war, while 5,728 businesses ceased operations and became inactive.
