Development determinants of small and medium-sized enterprises: a case study of Ukraine

Abstract

This article explores the repercussions of the war on small and medium-sized enterprises (SMEs) in Ukraine, focusing on their status at the end of 2023. Additionally, it provides region-specific insights, acknowledging that the impact of military actions varied across different areas of the country. The assessment highlights the main challenges, obstacles, and risks that have hindered business growth. It also evaluates the needs and priorities of small businesses for Ukraine’s recovery after the war, which could play a crucial role in the nation’s broader societal recovery.