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

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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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The Kyiv Independent news desk

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In a closed-door briefing with journalists, Rustem Umerov, Secretary of the National Security and Defense Council, and Oleksandr Kamyshin, an advisor on Strategic Industries to the President's Office, said that the current production capacity (for this year) of the Ukrainain defense industry is around $35 billion per year.

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