Number of bankruptcies in Ukraine increased by 2.2 times in 2024
Source: Opendatabot with reference to the data of the Supreme Court
Since the beginning of 2024, the number of Ukrainians who have applied to the court for bankruptcy has increased.
The number is 2.2 times more than in the same period last year. In the first five months of this year, 343 such cases were registered, compared to 156 last year.
Over the past five years, the number of bankruptcy cases in Ukraine has increased significantly, to almost two thousand. The last report that 575 people declared themselves bankrupts.
This is a significant increase compared to 2019, when only 22 bankruptcy cases were launched.
Since then, this number has been constantly growing. Experts say that official statistics may not reflect all bankrupts. The reason is that bankruptcy remains an expensive and difficult process, especially without professional help.
Amendments to Ukraine’s enforcement proceedings legislation, initiated by the Ministry of Justice of Ukraine, have entered into force. Among other measures, the reform provides for the automated lifting of attachments on bank accounts immediately after debts in enforcement proceedings have been fully settled. The main practical benefit for citizens is the complete elimination of the need to contact an enforcement officer in person and wait for paper decisions once the debt has been paid.
The 157th Separate Mechanized Brigade has received another batch of supplies as part of Rinat Akhmetov’s Steel Front military initiative. This time, the military received seven quad bikes and four mobile shower and bath units.
In my previous column, I wrote about social innovations in Ukraine. Those innovations are part of civic resilience and the democratization of security, which Europe is paying close attention to right now. The EU is trying to work out how to spread responsibility for its own security across society as a whole, rather than leaving it to institutions alone. It is looking for concrete ways to bring ordinary people into the work of defense and resistance.
Petro Poroshenko’s lawyers have appealed to the High Anti-Corruption Court demanding that NABU be obligated to register proceedings regarding the fact of exerting influence on the court and to recognize Petro Poroshenko as a victim in the case of the Deputy Head of the Office of the President, Iryna Mudra, due to her pressure on Supreme Court judges who were considering a lawsuit to overturn sanctions.
Internationally recognized brands and financial institutions should direct capital to Ukraine now, not waiting for the hostilities to end. This was emphasized by Rinat Akhmetov, president of FC Shakhtar, during a working visit to UEFA headquarters in Nyon, Switzerland, where he met with UEFA President Aleksander Čeferin.