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In Kyiv, nearly a thousand businesses close within a few months

He is ready to sell this establishment for 15,000 dollars, after about 35,000 dollars invested, he told franceinfo.

kiev, moscou, oleksandr, pourtant, résultat, commerces, ferment, barre

Key facts

  • He is prepared to sell the establishment for 15,000 dollars, after about 35,000 dollars invested, he told franceinfo.
  • Nearly a thousand businesses have closed within a few months in Kyiv, where power cuts, repeated alerts and almost nightly strikes are weighing on…
  • For residents of the Ukrainian capital, these outages have become a daily occurrence. Alerts follow one another, and strikes take place almost every night.

He is prepared to sell the establishment for 15,000 dollars, after about 35,000 dollars invested, he told franceinfo.

Nearly a thousand businesses have closed within a few months in Kyiv, where power cuts, repeated alerts and almost nightly strikes are weighing on activity, according to franceinfo.

For residents of the Ukrainian capital, these outages have become a daily occurrence. Alerts follow one another, and strikes take place almost every night.

Moscow is targeting energy infrastructure in particular. The retail sector is especially affected as a result.

Shops, restaurants and small businesses are closing one after another. Some are reopening farther west in the country, as far as possible from the Russian border.

A notary handling the sale of commercial premises said:"Businesses are relocating to the west of the country.".

The latest strikes on energy infrastructure have further reinforced this trend.

An owner told a shopkeeper:"We're getting out of Kyiv, we can't take being here anymore.".

In a neighborhood of the capital, the furniture store has closed. So has the fishmonger's.

Just a few months ago, restaurateur Oleksandr owned seven restaurants in Kyiv. He now has only one.

Because of the repeated alerts, some customers prefer to stay home and work remotely.

"They were my customers, but they are no longer here,"a shopkeeper said.

With the lack of electricity and residents going out less, keeping the local economy going is becoming untenable, according to the shopkeepers interviewed.

Dig deeper

What is Kyiv in this account?

Kyiv is the capital of Ukraine, where businesses face power cuts, repeated alerts and near-nightly strikes.

What does Moscow refer to here?

Moscow refers to the Russian authorities, which are targeting Ukrainian energy infrastructure in particular.

Why is energy infrastructure central?

Attacks on it cause daily power cuts that prevent shops, restaurants and small businesses from operating normally.

Why are some businesses moving west?

The west of the country is farther from the Russian border and is therefore considered less exposed to strikes.

What is at stake for the capital?

The continuation of commercial activity and the daily lives of residents, already marked by alerts and power cuts.

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