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Study: Ukrainian small, medium-sized businesses lost up to $85 billion due to Russia's war.

by The Kyiv Independent news desk May 10, 2022 7:58 PM 1 min read
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After two and a half months of the full-scale Russian invasion, almost 90% of such companies need emergency funding, according to the Advanter Group, a Kyiv-based think tank. The total funding required is $54 billion. Half of these enterprises either shut down completely or suspended most of their activities.

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9:17 AM  (Updated: )

'There is also good news' — Ukrainian drones hit key military optics plant in Russia, General Staff confirms.

Andrii Kovalenko, head of Ukraine's counter-disinformation center, said a drone hit the Azov Optical and Mechanical Plant in the town of Azov, Rostov Oblast. The facility reportedly manufactures critical components for the Russian military, including sights, rangefinders, thermal imaging systems, and fire control equipment for tanks, infantry fighting vehicles, ships, and aircraft.
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