As a result of yet another missile strike by the Russian Federation on Ukrainian territory, local enterprises across various sectors of the economy have suffered significant losses. During a nighttime attack in Khmelnytskyi, Russian missiles completely destroyed a clothing factory and damaged a gas station, vehicles, and shattered windows in residential buildings.
This is reported by Business • Media
Destruction of Warehouses and Production Facilities in Kyiv
In the capital, Russian forces targeted the warehouses of the telecommunications company “ROMSAT,” destroying two large storage facilities with a total area of about 4,000 square meters. The company lost inventory, vehicles, and other equipment valued at over 400 million hryvnias. Despite the extensive losses, the company has already begun to restore logistics processes and is organizing temporary solutions to maintain customer service.
Another target of the attack was the Kremova confectionery production facility in Kyiv, which was completely destroyed during the shelling. The area of the damaged premises reached 400 square meters. The company is currently assessing the damages but has already started accumulating resources for future recovery efforts.
Losses in the Startup Community and Business Support
The LIFT99 Kyiv Hub, a space for startups supported by the European community, also suffered significant losses. According to Ragnar Sass, co-founder of the Darkstar fund and LIFT99, the losses from the Russian shelling at the end of August are estimated at approximately 250,000 euros. Despite the destruction, the LIFT99 team plans to restore the hub’s operations and aims to reopen its doors to the Ukrainian startup community by November 2025.
“ROMSAT” continues to operate, already restoring logistics processes and organizing temporary solutions to minimize the impact of the tragedy on customers.