One hour of an air raid alert costs Ukraine $45 million - Ministry of Economy

 • 9188 переглядiв

Each hour of an alert that halts businesses causes Ukraine $45 million in losses. On some days, sirens sound for up to 10 hours.

Every hour that an air-raid alert halts business operations in Ukraine costs the economy approximately $45 million. The Guardian reports this, citing a statement by Ukraine’s Minister of Economy and the Environment Oleksandr Kravchenko, reports UNN.

Details

According to the country’s economy minister, missile alerts cost Ukraine approximately $45 million (£34 million) for every hour during which they halt business operations, as Kyiv seeks ways to support the economy amid intensified Russian bombing," the publication writes.

According to available information, Russian attacks are increasingly targeting facilities important to the country’s economy. These include industrial enterprises, warehouses, logistics hubs and data centres, which Minister of Economy and the Environment Oleksandr Kravchenko called an attempt to "destroy practically the entire economy.

We did not fully anticipate how quickly Russia would develop these jet-powered drones and use them to strike everything

- Kravchenko said, referring to Russia’s use of a new weapon that has been shelling Kyiv in recent weeks.

He also said that, because of air-raid alerts, employees are forced to move to shelters and businesses suspend operations, while the sirens can sound for up to 10 hours on some days.

If people are in a bunker, business comes to a halt

- he said.

Previously

The government divided air-raid alerts by danger levels and allowed businesses to operate during a yellow alert.

Popular
As a result of the overnight attack on Kyiv, two people were killed and four injured

 • 10146 переглядiв

What is celebrated on September 30 in Ukraine and around the world

 • 6034 переглядiв

Trump called Kim Jong Un a friend and acknowledged North Korea's nuclear capabilities

 • 10764 переглядiв

50 countries and four organizations pledged to help bring deported Ukrainian children home

 • 17106 переглядiв

Slovakia’s parliament dismisses minister, Fico’s coalition under threat

 • 19438 переглядiв

News by theme
One hour of an air raid alert costs Ukraine $45 million - Ministry of Economy

 • 9188 переглядiв

A Flydubai aircraft sent a possible hijacking signal — Israel scrambled fighter jets

 • 2084 переглядiв

Following Russian strikes, there are power outages in Kyiv and five regions

 • 2484 переглядiв

Man was shot dead in Odesa; one person detained

 • 2040 переглядiв

JLR has unveiled the Range Rover Sport Electric with a range of 602 km

 • 1946 переглядiв

Drone fell and exploded in Moldova amid Russia's attack on Ukraine; Romania scrambled F-18s

 • 2082 переглядiв

"It's simply a treasure": dietitian discusses the benefits of pumpkin for the body

 • 20203 переглядiв