--- title: "Cabinet of Ministers estimates budget losses from strikes on business at 70 billion hryvnia: Korytskyy's statement" description: "Prime Minister Serhiy Korytskyy announced at the YES Annual Meeting 2026 conference that, due to Russian strikes on business, Ukraine's state budget may lose approximately 70 billion hryvnia in tax revenues. The calculations were made two weeks ago, while attacks on enterprises continue daily." date: 2026-09-12T17:52:00.000Z lang: en url: https://xab.info/en/posts/cabinet-of-ministers-budget-losses-70-billion-hryvnia-strikes-on-business tags: [ukraine-budget, war-economy, russian-strikes, business-damages, korytsi, yes-annual-meeting-2026] publisher: "XAB.info" --- # Cabinet of Ministers estimates budget losses from strikes on business at 70 billion hryvnia: Korytskyy's statement ![Aftermath of a strike on a business in Ukraine: a man inspects a damaged store with collapsed shelves and scattered goods](https://xab.info/media/2026/09/12/kabmin-poteri-byudzhet-70-mlrd-griven-udary-po-biznesu/kabmin-poteri-byudzhet-70-mlrd-griven-udary-po-biznesu-1.webp) ## 🎯 Key Points - The Cabinet of Ministers estimated potential state budget losses from strikes on business at around 70 billion hryvnia - The calculations were carried out two weeks ago; attacks on enterprises continue daily - A tobacco factory in Pryluky, the Coca-Cola plant near Kyiv, and "Oleyna" in Dnipro came under strikes - The Cabinet of Ministers is initiating meetings with business to develop support measures for affected enterprises Ukrainian Prime Minister Serhiy Korytskyy has publicly disclosed for the first time the scale of tax losses to the state budget caused by Russian strikes on business facilities. According to him, calculations carried out by the Cabinet of Ministers about two weeks ago indicate that the state budget may fail to receive approximately 70 billion hryvnia in tax payments. The head of government emphasized that these figures were recorded at the time of the calculation, while attacks on enterprises continue daily, making the actual amount potentially even greater. ### Statement at the YES Annual Meeting 2026 conference Korytskyy's remarks were made at the YES Annual Meeting 2026 conference, organized by the Viktor Pinchuk Foundation. The event, which brings together representatives of Ukrainian business, government, and international partners, became a platform for discussing the economic consequences of the war in its fifth year. The Prime Minister used the opportunity not only to present the raw figures but also to express "boundless and sincere gratitude" to small, medium, and large businesses, as well as to Ukrainian workers who "go to work after nighttime shelling, create taxes, GDP, and the economy." ### Targets of the strikes: from logistics hubs to major production facilities Russian strikes on Ukrainian business have intensified markedly in recent times. Warehouses, logistics centers, factories, shopping malls, and even gas stations are coming under attack. Last week, a tobacco factory in Pryluky, which produces cigarettes under the Kent, Lucky Strike, Pall Mall, Rothmans, Capri, and "Pryluky" brands, as well as glo heated tobacco sticks, came under fire. The enterprise was forced to halt operations. On the eve of Korytskyy's statement, the enemy attacked the Coca-Cola company's plant near Kyiv β€” one of the largest soft drink production facilities in Europe. In addition, the "Oleyna" vegetable oil plant in Dnipro, owned by an American company, also shut down following a Russian strike. ### Economic resilience in the fifth year of the war Despite the systematic destruction, Ukrainian business is demonstrating a high degree of resilience. Korytskyy noted that enterprises continue to operate and recover, and citizens return to work even after nighttime shelling. The Prime Minister emphasized that it is precisely this ability of society to function under wartime conditions that allows the economy to generate GDP and fill the budget, albeit in a significantly smaller volume than in peacetime. ### Cabinet of Ministers launches dialogue with the entrepreneurial community In parallel with public statements, the Cabinet of Ministers is initiating a series of meetings with business representatives to develop joint support and recovery measures for the affected enterprises. According to Korrespondent, these consultations are aimed at minimizing the long-term consequences of the strikes on production chains and ensuring the prompt resumption of work at halted factories. Thus, the state is attempting to both document the scale of the damage and build a mechanism for its compensation through direct engagement with the affected sector of the economy. ## πŸ” Fact-Check Verification - [Cabinet of Ministers discloses budget damage from Russian attacks on business for the first time](https://www.rbc.ua/ukr/news/kabmin-vpershe-ozvuchiv-zbitki-vid-rosiyskih-1789202789.html) - ΠŸΡ€ΡΠΌΠ°Ρ Ρ†ΠΈΡ‚Π°Ρ‚Π° ΠšΠΎΡ€Π΅Ρ†ΠΊΠΎΠ³ΠΎ ΠΎ 70 ΠΌΠ»Ρ€Π΄ Π³Ρ€Π½, контСкст ΠΊΠΎΠ½Ρ„Π΅Ρ€Π΅Π½Ρ†ΠΈΠΈ YES Annual Meeting 2026, ΠΏΡ€ΠΈΠΌΠ΅Ρ€Ρ‹ ΡƒΠ΄Π°Ρ€ΠΎΠ² ΠΏΠΎ прСдприятиям - [Cabinet of Ministers convenes meetings with business after Russian attack](https://korrespondent.net/business/economics/4900125-kabmyn-sozyvaet-vstrechy-s-byznesom-posle-ataky-rf) - ΠŸΠΎΠ΄Ρ‚Π²Π΅Ρ€ΠΆΠ΄Π°Π΅Ρ‚ Ρ„Π°ΠΊΡ‚ запуска Кабмином сСрии встрСч с ΠΏΡ€Π΅Π΄ΠΏΡ€ΠΈΠ½ΠΈΠΌΠ°Ρ‚Π΅Π»ΡŒΡΠΊΠΈΠΌ сообщСством для Π²Ρ‹Ρ€Π°Π±ΠΎΡ‚ΠΊΠΈ ΠΌΠ΅Ρ€ ΠΏΠΎΠ΄Π΄Π΅Ρ€ΠΆΠΊΠΈ ## ❓ FAQ ### Q: How much money, according to the Cabinet of Ministers' estimate, may the Ukrainian budget fail to receive due to strikes on business? **A:** Prime Minister Serhiy Korytskyy stated that, according to calculations made two weeks ago, the state budget may fail to receive approximately 70 billion hryvnia in tax revenues as a result of attacks on enterprises. ### Q: Where and when was this statement made? **A:** The statement was made by Serhiy Korytskyy at the YES Annual Meeting 2026 conference, organized by the Viktor Pinchuk Foundation. The conference took place in September 2026. ### Q: Which specific enterprises were affected by the recent strikes? **A:** Last week, a tobacco factory in Pryluky (Kent, Lucky Strike, Pall Mall, glo, and others) came under fire. On the eve of Korytskyy's statement, the Coca-Cola plant near Kyiv was attacked. The "Oleyna" plant in Dnipro also shut down. ### Q: What is the Cabinet of Ministers doing to help the affected business? **A:** The Cabinet of Ministers is initiating a series of meetings with business representatives to develop joint support and recovery measures for the affected enterprises, including the prompt resumption of work at halted factories.