The war is not scared. What does a business expect in 2023 - which requires from the authorities, what dollar is laid, what investments planning

Video day this year's results are expected to show deterioration of moods and forecasts of top executives. For comparison, 83% of CEO made positive forecasts last year. At present, 28% of directors expect to keep business indicators at the current level in 2023, and 25% expect a deterioration in their business (last year only 2%). Currency when planning budgets for 2023 companies set the cost of currency at an average of 43 UAH/$.

For the last two years, the forecasts for the hryvnia exchange rate have remained permanent at 29 UAH/$. Jobs only 20% CEO plan to hire new people next year. While most directors, namely 53%, claim plans to keep the team unchanged, the other 28% will be forced to resort to a state reduction. Last year, more than half of the companies planned to expand the state. Only 1% of the accompany salaries are planning to reduce wages in 2023, another 26% will leave them at the current level.

At the same time, 73% planned to increase salaries for employees, of which 40% will raise a salary of 10% to 20%. For comparison, all respondents of last year's survey planned to raise their salaries to their employees. Investments, compared to last year, have decreased by the number of entrepreneurs planning to implement new investment projects, only 19% of companies reported. The average cost of planned projects is about $ 3 million.

Instead, the number of companies planning to invest in social initiatives has increased - such as 60%. In average, business is ready to direct about 8% of income for social projects, which is much higher than the past figure up to 3% of the company's income. “The incredible sustainability demonstrated by business in Ukraine deserves respect. We see a confident business focus on people, teams, communities.

Increasing investment in social initiatives and supporting their employees testifies to the long -term commitment of companies who want and are ready to continue their work in Ukraine despite the worst challenges, ”said Anna Derevyanko, Executive Director of the European Business Association. Companies also identified the top 3 tasks for the government for the next year. The first two points have remained unchanged for several years.

In the first place is the need to carry out judicial reform and establish the rule of law, in the second - the fight against corruption. The third priority for the next year, business leaders have determined macroeconomic stability. * In the study of business forecasts for 2023, 104 top executives of the companies of the European Business Association participated. The survey was conducted in August-September 2022. Such a study has been conducted by the Association for the 7th consecutive year.