Kyiv Restaurants: Closures Predicted Amid Industry Crisis

Kyiv's restaurant industry is in crisis: an expert predicts 20% of establishments will close.
Kyiv's restaurant industry is in crisis: an expert predicts 20% of establishments will close.

By the end of the year, 20% of restaurants in Kyiv could close, according to expert Olga Nasonova.

According to her, restaurants in Kyiv are closing one after another: out of 10 new establishments, only two are generating significant profits, while the majority are unprofitable.

The main reason is the difficult economic situation and the decline in purchasing power of the population: people visit establishments less often and spend less money.

At the same time, according to Nasonova, the crisis in the restaurant market only began this year.