Brief: Koton Says Two Wildberries Warehouses Used In Russian E-Commerce Operations Were Damaged In Ukrainian Attacks
BRIEF-Koton Says Two Wildberries Warehouses Used In Russian E-Commerce Operations Were Damaged In Ukrainian Attacks July 21 (Reuters) - KOTON MAĞAZACILIK TEKSTİL SANAYİ VE TİCARET KOTON.IS:
SAID ON MONDAY TWO WAREHOUSES BELONGING TO WILDBERRIES, ONE OF MARKETPLACES THROUGH WHICH OUR COMPANY CONDUCTS ITS E-COMMERCE OPERATIONS IN THE RUSSIAN FEDERATION, WERE DAMAGED AS A RESULT OF UAV ATTACKS CARRIED OUT BY UKRAINE
ACCORDING TO PRELIMINARY ASSESSMENTS, A PORTION OF OUR INVENTORY STORED IN THESE WAREHOUSES WAS AFFECTED. THE VALUE OF THE DAMAGED INVENTORY CORRESPONDS TO APPROXIMATELY FOUR-TENTHS OF ONE PERCENT (0.4%) OF THE TOTAL ASSETS REPORTED IN OUR FINANCIAL STATEMENTS AS OF MARCH 31, 2026
BASED ON CURRENT EVALUATIONS, THE DAMAGE IS NOT EXPECTED TO HAVE A MATERIAL IMPACT ON OUR COMPANY'S FINANCIAL POSITION, OPERATIONS, OR BUSINESS CONTINUITY
WILDBERRIES IS CONTINUING ITS DAMAGE ASSESSMENT PROCESS AND HAS ANNOUNCED THAT IT WILL IMPLEMENT SUPPORT MEASURES FOR BUSINESS PARTNERS AFFECTED BY THE INCIDENT
UNDER OUR EXISTING INSURANCE POLICIES COVERING INVENTORY STORED IN WAREHOUSES, DAMAGE ASSESSMENT AND CLAIMS PROCEDURES ARE BEING CLOSELY MONITORED IN COORDINATION WITH OUR LOCAL AND REGIONAL INSURANCE BROKERS
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(Gdansk Newsroom)
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