After massive missile attacks by Russia on Ukraine’s energy infrastructure, enterprises are facing a severe electricity shortage, significantly complicating their operations and leading to property loss.
This is reported by Business • Media
Production at Enterprises Significantly Decreases
In particular, the Neqsol holding, which includes the “United Mining and Chemical Company,” has encountered significant difficulties. At the “Irshansk Mining and Processing Plant” (Zhytomyr region), only critically important facilities have been operational since November 9. Meanwhile, the “Vilya Mining and Metallurgical Plant” (Dnipropetrovsk region) has been forced to reduce its production level by 30-40%.
A similar situation has arisen at the Ukrainian industrial company “Interpipe,” one of the largest manufacturers of metal pipes in the world. Due to the energy deficit, the company is producing goods exclusively on order, without accumulating stock in warehouses.
Asset Losses and Increased Import of Energy Equipment
As a result of another Russian attack, the warehouse of the pharmaceutical distributor “Optima-Pharm” in Dnipro, which supplied the southern regions of the country, was destroyed. This marks the third instance of the company’s warehouses being destroyed. Recently, Russians also attacked the warehouse of the transport company SAT in Kharkiv.
Widespread power outages due to Russian strikes on Ukraine’s energy sector have significantly complicated the operations of the “United Mining and Chemical Company” (Neqsol holding). In particular, due to the electricity shortage, only critically important facilities have been operational at the “Irshansk Mining and Processing Plant” (Zhytomyr region) since November 9, while the “Vilya Mining and Metallurgical Plant” (Dnipropetrovsk region) has been forced to cut production volumes by 30-40%.
To ensure stable operations for enterprises amid the electricity shortage, Ukraine is actively increasing the import of energy equipment. From January to October, imports of electricity generator sets and rotating electrical converters rose by 260% year-on-year, reaching $1.4 billion. Imports of transformers, inductive coils, and chokes increased by 95.3% to $875.8 million, while batteries and separators rose by 53.4% to $1.060 billion.