Unstable External Environment as a Challenge for Business Management in Ukraine
Authors
Volodymyr Mykolayovych Petriakov
PhD student, Zaporizhia National University (Ukraine)
Article Information
DOI: 10.47772/IJRISS.2026.10200391
Subject Category: Economics
Volume/Issue: 10/2 | Page No: 5312-5324
Publication Timeline
Submitted: 2026-02-26
Accepted: 2026-03-03
Published: 2026-03-12
Abstract
This research analyzes the transformation of management systems within large-scale Ukrainian businesses facing extreme environmental instability due to military aggression. It focuses on the critical need for adaptive strategies for industrial giants dealing with physical asset destruction and the total blockade of traditional export routes. The main objective is to evaluate destructive factors and provide methodological recommendations for anti-crisis strategies that ensure resilience and modernization in the metallurgical sector during the war and post-war periods.
Keywords
anti-crisis management, business resilience, metallurgical industry, war economy
Downloads
References
1. GMK Center. (2024). Economic effect of Ukrainian iron and steel industry – 2024. Kyiv: GMK Center. [Google Scholar] [Crossref]
2. GMK Center. (2025). Ukraine’s steel market in the first half of 2025: production, consumption and exports. Kyiv: GMK Center. [Google Scholar] [Crossref]
3. GMK Center. (2024). How the Ukrainian steel industry passed the test of strength in 2023. Kyiv: GMK Center. [Google Scholar] [Crossref]
4. Metinvest B.V. (2024). Annual report 2023. Amsterdam: Metinvest B.V. [Google Scholar] [Crossref]
5. Metinvest B.V. (2025). Annual report 2024. Amsterdam: Metinvest B.V. [Google Scholar] [Crossref]
6. Ukrmetallurgprom. (2024). Official statistics of metal products production for 2021–2024. Kyiv: Ukrmetallurgprom. [Google Scholar] [Crossref]
7. National Bank of Ukraine. (2025). Business activity expectations index: Monthly report (May 2025). Kyiv: NBU. [Google Scholar] [Crossref]
8. Oxford Institute for Energy Studies / Low Carbon Ukraine. (2024). Ukraine’s steel sector: state of play and pathways to a greener future. Oxford: OIES. [Google Scholar] [Crossref]
9. Kaplan, R., & Norton, D. (1996). The balanced scorecard: Translating strategy into action. Boston: Harvard Business School Press. [Google Scholar] [Crossref]
10. Porter, M. E. (1980). Competitive strategy: Techniques for analyzing industries and competitors. New York: Free Press. [Google Scholar] [Crossref]
11. State Statistics Service of Ukraine. (2025). Macroeconomic indicators 2021–2024. Kyiv: State Statistics Service of Ukraine. [Google Scholar] [Crossref]
12. Ukrainian Association of Ferroalloy Producers. (2025). Official report on the production of ferroalloys in 2024. Kyiv: UAFV. [Google Scholar] [Crossref]
13. Low Carbon Ukraine / Berlin Economics. (2024). Ukraine’s steel sector: state of play and pathways to a greener future. Policy brief. [Google Scholar] [Crossref]
14. Centre for Economic Strategy. (2025). Ukraine war economy tracker. Kyiv: CES. [Google Scholar] [Crossref]
15. SteelOrbis. (2025, June 2). Ukraine-based Interpipe posts higher net profit for 2024. SteelOrbis News. [Google Scholar] [Crossref]
16. GMK Center. (2025, February 28). Zaporizhstal invested UAH 938 million in production facilities in 2024. GMK Center News. [Google Scholar] [Crossref]
17. OECD. (2024). Enhancing resilience by boosting digital business transformation in Ukraine. Paris: OECD Publishing. [Google Scholar] [Crossref]
Metrics
Views & Downloads
Similar Articles
- Impact of Foreign Direct Investment in India
- Issues Involved in Digitalisation Special Reference to Indian Tourism Growth
- Relationship Marketing and Customer Loyalty in the Fast-Moving Consumer Goods (FMCG) Industry in Nairobi County
- Financial Literacy or Financial Inclusion? Which is Which, What is What—To Achieve Uganda’s 10-Fold Economic Growth By 2040
- Harnessing Natural Gas for Economic Transformation: Overcoming the Regulatory and Infrastructural Bottlenecks in Nigeria