Ukrainian Business Has Recovered to February Levels

Ukrainian Business Has Recovered to February Levels

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SmartTender (IT-Enterprise) says enterprise operations in Ukraine have returned to mid-February figures.

Gross sales and procurement operations in Ukraine are step by step recovering, coming near mid-February ranges in July. That is proven by the newest statistics from SmartTender.biz, Ukraine’s largest e-procurement platform for privately owned firms and public organizations (Prozorro part).

Based on SmartTender.biz, industrial bidding marked a dramatic fall after February 24, 2022. Many non-public firms had been pressured to postpone procurement and even droop operations. On common, the every day numbers of energetic industrial auctions on the platform had been the next:

  • February — 1,534 auctions per day (as of February 1–28, 2022);
  • March — 568;
  • April — 732;
  • Might — 987;
  • June — 1,432.

In July 2022, Ukrainian companies continued their actions on the platform, exhibiting a gentle optimistic development.

In a bid to make e-procurement extra handy, the SmartTender.biz staff has expanded the usage of synthetic intelligence and developed a device known as SmartProcurement. Now the algorithms are serving to Ukrainian firms rapidly discover suppliers that can finest match their necessities.

This new stage of enchancment was already below growth on the finish of final 12 months. But it’s now, throughout the full-scale struggle, that firms want probably the most environment friendly options to outlive, and our algorithms are supporting the enterprise neighborhood, says Serhii Antoniuk, Head of Buyer Onboarding at SmartTender.biz.

Within the autumn, the corporate expects additional progress of procurement exercise to the extent of February 24, 2022, and its stabilization regardless of the challenges posed by the continued struggle. 

SmartTender.biz is a Ukrainian e-procurement platform for public and industrial tenders. Based in 2013 by IT-Enterprise (Ukraine), SmartTender.biz now has over 90,000 registered customers. Additionally it is an official platform for Prozorro public tenders and Prozorro.Sale auctions.

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