LifestyleOther

Over the past year, more than 11 thousand companies have closed in Ukraine – Opendatabot

The surge in company closures occurred in September, when 1,464 enterprises ceased operations at the same time.

Most often, companies folded in Kyiv – 1289 (12% of the total). Next are Dnepropetrovsk (824 closures), Lviv (772), Odessa (738) and Kiev regions (589).

NGOs turned out to be the most vulnerable – 1,498 of them closed this year. As Opendatabot noted, the average lifespan of public organizations in Ukraine is 11 years.

Enterprises in the education sector lasted the longest on the market – 23 years and 10 months, healthcare (23 years and seven months), and veterinary activities (more than 22 years).

Over the past year, more than 11 thousand companies have closed in Ukraine – Opendatabot photo 1 Infographics: opendatabot.ua

The youngest among those that closed most often this year were companies in the IT and security sectors, where the average age was approximately five years. Joint-stock companies have become the most viable – the average age of closed businesses this year reached 28 years and seven months. But charities had the shortest lifespan – five years.

Over the past year, more than 11 thousand companies have closed in Ukraine – Opendatabot photo 2 Infographics: opendatabot.ua

Context

On May 8, Opendatabot reported that the number of business closures in Ukraine increased by 44% compared to 2024. According to the head of the Verkhovna Rada Committee on Finance, Tax and Customs Policy, Daniil Getmantsev, the surge in company closures is, in particular, associated with non-working individual entrepreneurs, who, from January 1, resumed their obligation to pay the unified social tax.

On September 25, the open data service reported, with reference to the State Tax Service of Ukraine, that over the last quarter there were 26% fewer businesses that met transparency standards in Ukraine.

Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button