Dopad sankčních opatření týkajících se Ruské federace na ukrajinské malé a střední podniky

This thesis is dedicated to sanctions against the Russian Federation and Russian countersanctions imposed on sanctioning countries. The main goal of this thesis is to determine the impact that sanctions and countersanctions had on Ukrainian SMEs. In order to determine the impact of sanctioning measures, we conducted literary research and own research in the form of interviews with the representatives of small to medium enterprises in Ukraine. The research showed that the impact of sanctioning measures was significant for most companies: it became harder to trade not only with Russia, which was Ukraine’s main trade partner until the year 2014 but also with other countries which are Russia’s allies or if the transportation requires transit through the Russian territory. In addition, it was found that Russian countersanctions had a stronger impact on Ukrainian SMEs than sanctions imposed on Russia.