German-invested plant in Zhytomyr region halts operations due to Russian attacks
The Kromberg & Schubert Zhytomyr plant, which has German investment, has halted operations following Russian attacks in the Zhytomyr region.
A German-owned industrial plant in the Zhytomyr region has ceased operations following Russian attacks, according to Vitalii Bunechko, Head of the Zhytomyr Regional Military Administration. This development is a significant blow to the region, with around 3,600 employees facing job uncertainty and millions of hryvnias in tax revenue potentially impacted.
Bunechko stated that the plant's executives are actively seeking solutions to retain employees, with some potentially relocating abroad while others may find employment in different cities. The regional authorities have pledged maximum assistance under existing legislation should the company decide to resume operations. The Kromberg & Schubert Zhytomyr plant, which specialized in producing electrical wiring systems for international automakers, announced its suspension in August after a Russian assault.
Additionally, the Cersanit plant, which manufactures sanitary ware, has also halted operations due to Russian attacks in the Zviahel area of the Zhytomyr region.
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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