Ukrainian business in the conditions of war: assessment of the state of companies and industries which suffered the greatest losses and ways to restore their activities

Abstract

The article examines issues related to the assessment of the state of Ukrainian enterprises and industries that have suffered the greatest losses, and issues related to the ability of business to recover quickly. It has been established that military actions in Ukraine have caused huge losses to entrepreneurs, as evidenced by statistics. Despite the fact that domestic enterprises have suffered significant losses, they continue to stay afloat, and Ukraine's economy has automatically entered a state of war with its specific requirements and characteristics. The fact that business has experienced significant problems in such areas as: agriculture, energy, metallurgy and logistics is emphasized. It was emphasized that human capital remains the main problem. According to the UN, almost 3 million citizens have left Ukraine by March 15, 2022. A little less than half of them are people of working age. It was emphasized that the state promotes the restoration and relocation of businesses from the war zones and occupation in this difficult time. The changes have also begun to take place from the state in the direction of creating and implementing new state programs, introducing appropriate changes in legislation to support the economic sphere. At the same time, there are certain obstacles that prevent enterprises from restoring and developing business, namely: lack of a sufficient number of solvent enterprises in the domestic market, unpredictability of the situation in Ukraine and the domestic market, lack of sufficient capital, lack of necessary equipment, outdated business model of enterprises. Consequently, due to the full-scale war on the part of russia, Ukraine is currently in a difficult economic situation. Therefore, the state should interact with domestic business in the direction of creating programs to support small and medium-sized businesses, implementing tender offers, providing micro-grants for business, filling the budget, assisting in the relocation of enterprises, forming the optimal model of the taxation system, solving problems with logistics to overcome crisis phenomena.