Introduction

The Russian invasion sparked the worst recession in the country’s recent history. Yet 2023 saw growth which is projected to continue. So how are businesses actually faring?

The economy is heavily reliant on foreign aid and there is uncertainty whether that will continue, notably from the US.

We hear from businesses and workers who give us a mixed picture of Ukraine's economic health: Chef Zhenya Mykhailenko the CEO of FVSM which runs a group of Ramen restaurants in Kyiv and a military kitchen in the Zaporizhiya region; Kees Huizinga who farms in Uman, South of Kyiv and Erica, a secondary school teacher in the war torn southern city of Kherson. Plus economic analysis from Andrew Walker.

Produced and presented by Clare Williamson

(Image: Chef Zhenya. Credit: FVSM)