Most manufacturers of military technology have already transferred or are planning to transfer part of their business abroad: TSU survey
Respondents claim that the opening of exports could become a key factor that would deter them from relocation.
Among manufacturers of drones and other technological products who are members of the “Technological Forces of Ukraine” (TSU) association, 85% were considering the possibility of transferring part of their business abroad or had already taken this step. It shows poll TSU for “Economic Pravda”. According to the respondents, the opening of exports could become a key factor that would deter them from relocation.
In the two years since the start of the full-scale Russian invasion, Ukraine’s defense-industrial complex (ODC) has tripled to $3 billion. Of the 500 companies operating in this sector, 80% are private enterprises.
The results of the survey show that 85% of the surveyed companies were thinking about relocation or had already moved part of their business abroad. Answering the question “What could prevent you from relocation?”, 80% of respondents indicated the possibility of opening exports, 72% – an increase in government orders, and 69% – the conclusion of multi-year contracts.
The survey was conducted among 35 companies involved in the defense order. According to the data received, 38% of enterprises reported that more than half of their production facilities are currently idle. Only a third of respondents indicated that their shops are fully loaded with work.
The main reasons that push manufacturers to move abroad are idle production facilities and lack of funds for development. Additional factors include the threat of missile strikes, power outages, and the mobilization of workers. The move will also allow companies to take advantage of open arms exports in new countries to enter the world market.
