A survey carried out by the Chamber of Commerce and Industry (GZS) shows that Slovenian companies expect to generate lower revenue this year at an average rate of 17%, and that more than half of them believe their exports will also decline.
A survey conducted between May 20 and June 15 among 272 companies shows that most companies expect lower revenue this year, while 13%, on the contrary, expect higher and 8% the same as in 2019 .
About 63% of the companies surveyed expect their exports to decline this year, while almost a fifth expect growth, and another fifth do not expect to see any changes.
Just over half of the companies expect their investments to be lower this year than in 2019, more than a third think that they will invest more, and 15% think that they will invest the same amount as last year.
More than a fifth of companies that intend to reduce investment will do so at a rate of 50% or higher.
Overall, the companies surveyed will lay off more than they hire this year, and 53% expect their labor to be reduced this year compared to 2019. Less than a fifth plan to increase labor, and 28% believe that their labor will remain the same.
Most companies expect their revenue to grow annually next year, with 31% expecting this to happen no later than the end of June 2021.
About 14% of companies believe that this will happen before the end of this year, while 28% said that this will not happen until the end of June 2021 or that this will happen even later.
Due to the pandemic, the export presence of Slovenian companies will decrease by 46 percentage points - the difference between the share of those who expect growth and those who expect a fall.
The survey also shows that subsidies for laid-off workers are the most commonly used measure to combat the virus, as 55% of companies have used it. What follows is a tax deferral (24%), a deferral of credit obligations (19%) and loans under the guarantee scheme (14%).
On average, 33% of workers in the surveyed enterprises were on temporary leave during the survey. In half the cases, companies requested loans ranging from 100,000 to 1 million euros, and 88% of the companies have not yet approved their loans.
