In June 2020, Avellum LF surveyed COVID-19 impact on the companies’ plans to acquire or sell assets and businesses in Ukraine in the upcoming six-twelve months. The company interviewed owners and top managers of Ukrainian and international companies.
According to the survey, 29% of the companies still intend to sell their business in the nearest 6-12 months. Though, only 1 out of 5 companies think of selling assets because of COVID-19-related reasons. 55% of surveyed companies will keep running their business in Ukraine. All these are good indications that entrepreneurs deal with impact successfully.
Over half of the potential investors, the same as before COVID-19, still consider Ukraine a destination for business expansion. Many companies have an opportunistic approach to investments and believe in the fast recovery of Ukraine’s economy.
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