Business losses from Russian attacks exceed $7.7 billion

Prime Minister Serhiy Koretskyi said that direct losses to businesses from Russian attacks since the start of 2026 have exceeded $7.7 billion and could reach $10 billion by the end of the year.

“The consequences are significant — more than $7.7 billion in losses by current estimates. Over 1 million square metres of various types of property have been destroyed or damaged,” he said. It was clarified that these estimates cover only fixed assets and do not take into account indirect losses, including the inability to sell goods.

prem'ier at the economic forum near the screen

Sectors hardest hit

Koretskyi named the energy sector, metallurgy, logistics, processing enterprises and retail among the affected sectors. He also noted that exports of agricultural products through Black Sea ports have fallen sharply as a result of the strikes.

He said that because of these losses the government expects the state budget to underperform plans by about $1.5 billion by the end of the year. “This is the baseline forecast we have at the moment,” the Prime Minister added.

destruction of industrial facilities from the air

Preferential loans for large businesses

The government is launching a state programme of preferential lending for large companies. They plan to provide about 2 billion hryvnia to each enterprise at a concessional interest rate of about 10%, with the remainder of funds provided at the market rate.

Koretskyi said that the 2026 budget allocates 18 billion hryvnia to finance such programmes, but there is a need to increase this amount to 22 billion hryvnia. The existing “5−7-9” programme has, since its launch, enabled the issuance of about 580 billion hryvnia in loans.

Iryna Pavlova

Iryna Pavlova

Deputy Editor-in-Chief

Deputy Editor-in-Chief of Concord Fintech. She runs the news feed: choosing topics, fact-checking and preparing stories on the economy, business and government decisions that affect Ukrainians' money. She makes sure every story has a verified primary source.

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