Business news from Ukraine

Business news from Ukraine

Most companies expect U.S. support for Ukraine to continue or increase – AmCham

Most companies expect the United States’ support for Ukraine to continue or increase (77%), while the rest predict its decrease (23%).

This is evidenced by the results of the survey “Doing Business in Military Ukraine. January 2025” by the American Chamber of Commerce in Ukraine (AmCham).

According to information on the website of the organization, when asked about the likelihood of a ceasefire in 2025, 61% of respondents said they believe it is possible, 31% – doubtful, and 8% – expect escalation on the front.

“85% of companies are fully operational and will continue to invest in Ukraine in 2025. This is a strong signal for those considering Ukraine as an investment destination. While 77% of businesses expect continued or increased US support, the momentum of Ukraine’s recovery is creating opportunities for forward-thinking investors,” AmCham President Andrei Gunder was quoted as saying by the organization.

It is emphasized that, compared to 2024, 53% of respondents forecast sales growth in 2025, with the majority expecting moderate growth of up to 15%. At the same time, 37% believe sales will remain at last year’s level, with 10% predicting a decline. Compared to the pre-war time, 39% of respondents expect growth, 34% – decline, and 27% – stability.

It is noted that investment in Ukraine remains a key priority for many companies. Despite difficult times, 35% of respondents plan to increase investments in 2025, while 48% plan to maintain them at the level of 2024. The European Union is expected to be the main source of investment (88%). This is followed by the United States (71%) and Asia (18%).

Regarding the location of employees and management, the survey showed that 45% of companies have employees in Ukraine, while 43% operate a hybrid model with employees in and outside Ukraine. In addition, 59% of management teams are based entirely in Ukraine, while 37% operate under a hybrid model.

According to the survey data regarding the economic forecast for 2025, it is cautiously optimistic. More than 40% of respondents expect growth in economic and business activity compared to 2024, almost 50% foresee stability, and 12% predict a decline.

The survey, conducted from January 8-16, 2025, surveyed 145 CEOs and senior executives of Chamber member companies across a variety of industries. Two-thirds of the respondents were CEOs.

As reported, in the previous survey conducted on December 5 among the participants of the annual meeting of members (AmCham) (230 respondents), more than three-quarters (77.8%) expected a ceasefire in 2025.

Interfax-Ukraine correspondent reported that almost 68% of respondents expected newly elected US President Donald Trump to come to Kiev in 2025, almost two-thirds – 62.7% – expected the resumption of international flights to Ukraine in 2025.