Most Ukrainian Companies Do Not Expect the War to End in 2025, But Anticipate Business Growth

Бізнес в Україні втратив віру у завершення війни у 2025 році, однак має оптимістичні прогнози щодо своєї роботи.

A survey among Ukrainian companies showed that 70% of businesses do not expect the cessation of hostilities or significant de-escalation in 2025. Despite the pessimistic expectations regarding the end of the war, most enterprises have positive plans for the coming years.

This is reported by Business • Media

Optimism About Business Development

Over the next three years, more than half of the survey participants (53%) plan organic growth within their current operations. Another 37% of companies intend to expand their business by investing in capital projects or launching new products and services. Only 2% are considering the possibility of acquiring other businesses in Ukraine.

Financial Expectations and Ukraine’s Appeal to Investors

Regarding financial results by the end of 2025, 68% of the surveyed companies expect either growth or stability compared to the pre-war level of 2021. In contrast, 32% forecast a decline in their business performance.

Among the main factors that encourage investors to consider Ukraine as an attractive market, entrepreneurs noted the following:

  • Investment opportunities arising from the anticipated largest economic recovery since World War II (particularly due to the establishment of the American-Ukrainian Reconstruction Investment Fund) – 64%;
  • Large market scale and the process of Euro-integration – 55%;
  • Ukraine’s leadership in the global agricultural sector – 53%;
  • Development of a modern defense industry – 45%.

“70% of surveyed Ukrainian companies do not expect a ceasefire or significant de-escalation in 2025,” the survey results indicate.