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Fedorov says Zaporizhstal shutdown is tragic situation for city's economy

The Zaporizhstal steelworks is the largest taxpayer in the Zaporizhzhia region, so its shutdown following Russian missile strikes is a tragic situation for the city.

Fedorov says Zaporizhstal shutdown is tragic situation for city's economy

Zaporizhzhia Regional Military Administration head Ivan Fedorov described the shutdown of Zaporizhstal as a tragic situation for the city's economy. Over 8,000 people currently work at the plant, but the loss extends to their families and numerous businesses in the region. At least 30,000 families' livelihoods depend on Zaporizhstal's operations, according to Fedorov.

The steelworks, owned by Metinvest, is the largest taxpayer in the Zaporizhzhia region. Fedorov emphasized that the shutdown is an economic tragedy, stating that the authorities are in contact with Metinvest and will provide all necessary assistance to help the plant resume production as quickly as possible. On August 10-11, Russia launched a ballistic missile strike on an industrial site in Zaporizhzhia, affecting Zaporizhstal and causing casualties. The plant's operations have been temporarily suspended.

Written by urgent.news from Ukrinform - Economy's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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