Polish businesses in Ukraine lost hundreds of millions of dollars due to border blockades

Due to the blocking of borders by Polish farmers, Polish companies doing business in Ukraine are suffering losses worth hundreds of millions of dollars. This was stated by the Chairman of the Council of the International Society of Polish Entrepreneurs in Ukraine, Szymon Waszczyn, during a press conference at the Ukrainian Crisis Media Center, Ukrinform reports. “This is direct damage from undelivered goods and the inability to fulfill agreements by both parties. I can’t give a specific figure, but it’s tens and hundreds of millions of dollars,” Vashchin said. He also cited research data from the European Business Association, according to which each Polish company out of 44 surveyed in Ukraine lost an average of $700 thousand due to strikes at the border. These are not only direct losses, but also fines due to non-compliance with contract terms , in particular, the supply of goods is not in full. The construction sector especially suffers from this. “We cannot be sure of the ...