KIEV, May 5 – Large flour, bread and pasta producer Lauffer Group's property losses because of the Russian annexation of Crimea and occupation of Donbas in eastern Ukraine are tentatively estimated at about UAH 2.5 billion (about $100 million), the company said in a statement.

"The tentative estimate of the company's property losses due to the annexation of Crimea and the occupation of territory in the east is about UAH 2.5 billion. These are the assets that may have potentially generated up to UAH 500 million in additional revenue," the statement said.