Record figure: the percentage of companies investing in Ukraine’s industrial sector has increased
30 April 21:41
According to a recent study by the Institute for Economic Research and Policy Consulting (IER), Ukrainian industrial enterprises made significant capital investments in 2025. 59% of the companies surveyed invested in 2025, which is 14% more than in 2024 and represents a record high during the period of Russia’s full-scale invasion of Ukraine, even exceeding pre-war levels.
This is stated in the IER study, as reported by "Komersant Ukrainian".
Economic activity depended largely on the size of the enterprises.
Microenterprises invested in only 26% of cases, while small enterprises invested in 55%.
Medium and large companies showed even greater activity, with rates of 61% and 82%, respectively.
The main industry leaders in terms of investment were metal and metalworking manufacturers (71%), the food industry (69%), and the chemical industry (68%).
Most companies (71%) spent funds on repairing or replacing outdated equipment. Additionally, 30% of companies invested in increasing production volumes, a significant increase compared to 18% in 2023. Other key areas included improving design, branding, and marketing (29%), staff training (28%), and expanding the product range (26%).
For 2026, 51% of companies plan to continue investing, which is 16% more than at the beginning of 2025. Of these, 73% intend to maintain their current level of funding, 10% plan to increase it, and 17% plan to reduce it.
Watch us on YouTube: important topics – without censorship
Barriers to Investment
The main challenges for investment remain economic uncertainty (46%) and security risks (39%). Added to this are the high cost of debt (30%), insufficient profits (28%), and the risk of rising debt (17%).
Oksana Kuzyakiv, Executive Director of the Institute for Economic Development (IED), commented on the situation:
“These obstacles are serious, but we are seeing a decline in the severity of political instability, which is a positive signal for business.”
Despite all the difficulties, only 9% of companies see no obstacles to investment in 2026.
Read us on Telegram: important topics – without censorship
