Wildberries Loses 15.4% of Warehouses Due to Ukrainian Attacks

The Armed Forces of Ukraine have incapacitated eight warehouse complexes of Wildberries, covering a total area of about 860,000 square meters, which constitutes 15.4% of the company's total logistics capacity of 5.6 million square meters. The largest losses occurred in the Moscow region's Elektrostal, where 250,000 square meters were burned down following an attack on July 18. In Ryazan, approximately 170,000 square meters of warehouses were completely destroyed. Large-scale fires also broke out in Kotovsk, Krasnodar, Nevinnomyssk, and the Shushary area near St. Petersburg. Damage has been recorded in the Leningrad region and Simferopol. The total restoration cost for the four most affected facilities is estimated at 35.5 billion rubles, excluding lost equipment and goods, which will lead to delivery delays and impact the retailer's import flows. Property owners in Russia are refusing to lease premises to Wildberries due to the risks of new attacks. The company is seeking warehouse space in Kazakhstan and has approached the Russian government for tax benefits to compensate affected sellers.