Epicenter hardware stores lost $1.02-bln in assets due to Russian invasion Journal Staff Report
Epicenter Group estimates its losses due to asset destruction and lost profits from 2014 onward – resulting from military aggression against Ukraine – at $1.02 billion, the company's press service reported. "According to independent expert assessments, the losses incurred by Epicenter due to the full-scale war amount to $751.4 million,” said Dmytro Baidiuk, Deputy Director General of Epicenter K LLC, in the press release. The total losses also include $267.5 million in losses from the seizure of seven retail properties.
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