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08 Nov. 2024

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Ukrainians have identified the cities with the best economic climate: which city is ahead

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Ukraine
Ukrainians have identified the cities with the best economic climate: which city is ahead

According to polls, a number of Ukrainian cities have demonstrated the greatest ability to adapt their economies to a full-scale war, despite their proximity to the frontline or constant shelling. Find out more about the cities that ranked first on the list

Apply for an insurance policy covering military risks for entry and stay in Ukraine
Apply for an insurance policy covering military risks for entry and stay in Ukraine
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According to a recent municipal survey, Ukrainians have identified the cities with the best conditions for economic adaptation in the face of a full-scale war.


The list is headed by Kharkiv, which, according to 70% of respondents, has managed to organize economic activity the best among all Ukrainian cities despite regular shelling.


We will tell you what other cities managed to make the list later in the article.


Kharkiv is an example of economic resilience


Although Kharkiv is located close to the war zone, the city demonstrates impressive resilience and resource mobilization. Thanks to the activity of the local authorities and the support of the community, Kharkiv remains economically stable, even more adaptable than Kyiv, which shares the third place in the ranking with Lutsk. According to the survey, 65% of respondents supported these cities, noting their ability to function in a time of war.


Chernihiv, a city that has also been repeatedly shelled, was ranked fourth in terms of adaptation to the challenges of war.


Poltava, Kropyvnytskyi, and Zaporizhzhia are left behind


Meanwhile, cities that are further from the frontline, such as Poltava, Kropyvnytskyi, and Zaporizhzhia, have not been able to achieve the same economic resilience. Only 45-49% of Ukrainians believe that the economies of these cities are adapted to the war conditions.


Interestingly, Chernivtsi and Uzhhorod, which are located at a considerable distance from the fighting, are also considered less adapted. In these cities, problems with economic activity are associated with insufficient business involvement and difficulties in creating new jobs.




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Starting a business: where is it easiest?


According to the survey, there are cities in Ukraine where it is easier to start a new business with fewer obstacles. In particular, 41% of respondents say Rivne is a city where starting a business is relatively easy, followed by Uzhhorod with 37%, and Khmelnytskyi (36%).


In contrast, Mykolaiv, Zaporizhzhia, and Poltava are the most difficult cities to start a new business in due to high levels of bureaucracy and corruption risks.


Legislative framework for economic recovery in Ukraine


Olena Shulyak, Chair of the Verkhovna Rada Committee on the Organization of State Power, noted that economic activity and potential should be the primary factors for communities in planning the recovery of their cities.


According to the draft law “On the Basic Principles of Recovery,” priority will be given to rebuilding those settlements where economic conditions allow for development and sustainable growth.


This legislative instrument also provides for transparent resource management mechanisms aimed at reducing the damage caused by the war and facilitating socio-economic recovery.


For Ukrainians and guests of Ukraine who want to feel confident in a time of war, there is an opportunity to insure their health against military risks through Visit Ukraine. Insurance with war risk coverage will be an important step towards ensuring protection and peace of mind, given the constant challenges.


Apply for a suitable policy for safety by following the link.


Want to know more? Read the latest news and useful materials about Ukraine and the world in the News section.




We recommend purchasing it for a safe and comfortable trip to Ukraine: 


Visit Ukraine Insurance – insurance covering military risks for entry and travel in Ukraine;

Visit Ukraine Car Insurance – car insurance with extended coverage in Ukraine;

Visit Ukraine Legal Advice – comprehensive legal support on entry to Ukraine;

Visit Ukraine Tickets – bus and train tickets to/from Ukraine;

Visit Ukraine Tours – the largest online database of tours to Ukraine for every taste;

Visit Ukraine Hotels – hotels for a comfortable stay in Ukraine;

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Frequantly

asked questions

Which economic sector is most developed in Ukraine?

In 2019, the leading sectors of the Ukrainian economy in terms of revenue were wholesale (30.5%) and retail (8.1%) trade.

How has the war affected the Ukrainian economy?

Which sector is most developed in Ukraine?

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