#Business Losses

Prime Minister Sergiy Koretsky stated that direct damage to Ukrainian business from enemy strikes since the beginning of the year has exceeded $7.7 billion and may reach $10 billion by the end of the year.

Every hour of downtime for Ukrainian enterprises due to air raid alerts costs the economy $45 million. The Ministry of Economy is seeking ways to adapt business.

On August 27–28, Russian strikes hit warehouses and stores of 'Episenter', 'Nova Poshta', Roshen, Comfy, 'Fara' and publishing houses. Analysts estimate Kyiv's losses from downtime at $7–14 million per day.

The state cannot compensate billions in business losses from shelling but is ready to expand credit programs and insurance. Head of the Verkhovna Rada Financial Committee Danilo Hetmanets called for increasing insurance limits to 10–30 billion hryvnias.