Summary of the results
- 235 interviewed German-speaking specialists and executives
- Exports to Russia: 62% export to Russia and see dangers
- Sanctions against Russia and countersanctions: 64% of companies affected
- Rising raw material and energy prices: 43% expect a high risk for their company
- Security of supply: 26% partially at risk
- Rising raw material and energy prices: 43% expect a high risk for their company
- Production in Ukraine: 6% of companies surveyed affected
- Threats to logistics: 62% concerned
Kloepfel Consulting, a management consultancy specializing in purchasing and logistics, surveyed 235 specialists and managers across all industries online from Friday, February 25, 2022 to Tuesday, March 01, 2022 about the impact of the war in Ukraine on their companies. In this press release we present the results of the random flash survey.
Exports to Russia: 62% export to Russia.
38% do not export to Russia. Of the 145 remaining companies that export to Russia, 3% see their existence threatened. 8% think their growth is severely at risk. Nearly one in three respondents (31%) said their growth is partially threatened. 36% expect the war to barely threaten their growth. Of the companies that export to Russia, 22% are optimistic and do not believe that their growth will suffer from the war.
Sanctions against Russia and countersanctions: 64% of companies affected
36% say they are not affected by sanctions and countersanctions. Of the remaining 151 that could be affected by sanctions and countersanctions, a good one in two (52%) think their company is hardly at risk as a result. A good one in three (36%) participants see their company’s growth partially at risk. 7% say their growth is at great risk and 5% believe sanctions threaten the existence of their company.
Rising raw material and energy prices: 43% expect a high risk for their company
The war in Ukraine is also driving commodity and energy prices. We therefore asked the 235 companies how critical these rising prices are for their business. Forty-three percent of respondents say the risk is high. Meanwhile, 4% assume an existential risk for their company. 41% expect a medium risk and 12% evaluate the risk of rising raw material and energy prices as low.
Security of supply due to Ukraine war: 26% partially at risk
Of the participants surveyed, 43% do not think their security of supply is at risk from the war in Ukraine. 28% say they are hardly at risk. 26% expect to be partially endangered and 3% fear that supply shortages due to the war will severely endanger their production.
Production in Ukraine: 6% of companies affected
Hardly any of the participants produce in Ukraine. Only 6% of the companies of the surveyed professionals and executives produce in Ukraine. That is a total of 14 out of 235 companies surveyed. With 14 participants, the sample is too small for a percentage evaluation. Four of the respondents indicate that their production continues normally. Eight companies have closed their factories for the time being. Two companies are leaving their employees in Ukraine to stay with their families or come to the factory to work.
Threats to logistics: 62% concerned
38% do not expect threats. Of all companies surveyed, 47% see partial threats to their logistics due to the war. 15% fear major threats to their logistics.
Marc Kloepfel, CEO of Kloepfel Consulting, explains, “The dangers of the senseless and terrible war in Ukraine for the local economy are hardly foreseeable at the moment. Therefore, it is now important that companies strengthen their purchasing with manpower, know-how and digital tools to build procurement alternatives and make supply chains transparent with their risks but also opportunities.”
For questions about the quick survey:
Christian Fischer
Kloepfel Group
Presse- und Öffentlichkeitsarbeit
M: +49 152 / 227 227 50
c.fischer@kloepfel-services.com
www.kloepfel-group.com