Ukrainian Entrepreneurs Struggle To Save Their Employees As War Threatens To Crush Their Businesses

“There’s a popular saying in Ukraine,” says Alex Medovoy, owner of three businesses in the war-torn city of Kharkiv. “The Ukrainian night is very quiet but in the quietest time of the night one should hide what’s most valuable,” he says. For Medovoy that’s his employees. The 36-year-old says he’s spent $300,000 to evacuate about 85% of them from Ukraine’s second-largest city as it’s been battered by a brutal Russian assault.

Medovoy says he doesn’t know the condition of the offices he left behind of his travel tech consultancy, AltexSoft, or of his children’s food company or children’s education centers, which altogether brought in $15 million in

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