Ukrainian SMEs have suffered direct losses of $64-85 billion in the 75 days of war

The total losses of Ukrainian small and medium-sized businesses caused by Russia’s invasion reached $64-85 billion, according to the survey by the Advanter Group.

Some 71% of enterprises have not relocated elsewhere and do not plan to. However, 20% of them relocated within Ukraine, and 4.4% moved abroad. In particular, more than 50% of IT companies relocated. Another 15% of companies in the field of vehicle repair and mechanical engineering plan to relocate soon.