KB: In the pandemic, 20 thousand businesses were extinguished, and about 50,000 people were left without jobs

KB: In the pandemic, 20 thousand businesses were extinguished, and about 50,000 people were left without jobs

The Kosovar Alliance of Business (AKB) has published an investigative study of the entrepreneurship school in 2020 period 2022, with which data was published on how businesses stopped economic activity in this period. UN Chairman Agim Sahini said the results of this study have reflected a bad reality for businesses and [...]

The head of GDP, Agim Sahini, said the results of this study have reflected a poor reality for Kosovo's businesses and economy, reflecting a trend of boosting business closure.

He stressed that during 2020, as long as 20,000 businesses have been closed and more than 50,000 workers are out of work.

The Kosovar Business Alliance has revised this study in order to release data on what trend entrepreneurship has developed in the Republic of Kosovo for the past three years. The results of this study have reflected a poor reality for Kosovo's businesses and economy, reflecting a trend of increasing the closure of businesses”.

Kosovo's “entrepreneurs were in poor condition, and this situation is unfortunately following business for a long time, beginning with the Devov-19 pandemic, then from the global crisis, and especially last year 2022, as a result of the war in Ukraine and Russia”.

The analysis of this is disturbing that the negative trend for business has been ongoing since the post-war, but with particular emphasis from 2020 onward. And this trend is very present in 2020 as a total result of the economic and circulation business closure at this time of pandemic. In 2020 a year of pandemic. This year, businesses closed down, shut down and fired a large number of them, and went bankrupt with record numbers of about 20 thousand sosh”.

The Pandemia has closed many businesses, but has also left many workers without jobs around 50 thousand. This year, it will be remembered as a year of massive closures and extinctions of businesses in the last two decades, where only 9794 businesses were registered new against the 20 thousand that closed”.

Lawyer Arianan Koci said that with the closure of minimum businesses, 20 families are out of work, EO reports.

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