Hasty Briefsbeta

Bilingual

Russia's businesses under strain from Ukraine's attacks on Wildberries

3 hours ago
  • Ukrainian drone attacks on Wildberries warehouses have killed workers and destroyed goods worth an estimated £750m.
  • Kyiv claims it is targeting logistics hubs used for Russian military supplies, but the attacks also hurt hundreds of small and medium-sized businesses.
  • Wildberries sellers have lost significant stock and income, with new contract clauses exempting the company from liability for drone strikes.
  • The Russian economy is under strain from the war, including tax increases, fuel shortages, and a rise in business closures.
  • President Putin's declared support for small businesses has not prevented the war's impact, as state resources are diverted to military spending.