EconomyLens.com
No Result
View All Result
Friday, May 29, 2026
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Economy

German firms help ‘rebuild’ Russian-occupied Mariupol: report

David Peterson by David Peterson
April 4, 2024
in Economy
Reading Time: 4 mins read
A A
0
19
SHARES
236
VIEWS
Share on FacebookShare on Twitter

Mariupol fell to Russian forces after a two-month siege that cost the lives of thousands and left the city in rubble. ©AFP

Berlin (AFP) – Two German construction companies are taking part in rebuilding Russian-occupied Mariupol, the Ukrainian city that fell to Moscow’s invading forces two years ago, a German press investigation claimed on Thursday. The industrial Knauf group, which manufactures plasterboard, and WKB Systems, which produces aerated concrete, have been providing materials for construction in the city that was almost entirely flattened during the early months of the war, according to the investigation by Monitor magazine and shown on the public ARD television channel.

Related

Trump says making final decision on proposed Iran deal

Vance says progress made as US-Iran deal awaits Trump green light

EU looks to bolster defences as China threatens key sectors

Canada PM backs ‘fortress North America’ ahead of US trade talks

Top EU economies vow to speed up financial integration

Monitor says it has analysed numerous images from construction sites where the Knauf logo appears, as well as detailed activity reports demonstrating the German company’s presence in the port city. Mariupol fell to Russian forces after a two-month siege that cost the lives of thousands and left the city in rubble. The magazine also quotes an “official distributor” of Knauf’s that is promoting a housing project in Mariupol, built with Knauf products on behalf of the Russian defence ministry. Products from WKB Systems, which is majority-owned by Russian businessman Viktor Budarin, can also be seen at construction sites in Mariupol, the magazine said.

Knauf, in a statement sent to AFP, insisted it “respects all the EU, UK and American sanctions against Russia”. The Bavarian group runs 14 production sites in Russia where it employs 4,000 people. It said its decision not to pull out of Russia — as many major German groups did following the invasion — was out of “responsibility” to its employees. Since conquering Mariupol, Russia has published a reconstruction plan for the city, which was home to more than 400,000 Ukrainians before the invasion. “Any enterprise participating should ask itself at whose service it is putting itself,” Germany’s foreign ministry told AFP, describing Russia’s reconstruction claim as “propaganda”. Germany’s economy ministry told AFP that authorities needed to determine whether or not the participation of German companies represented “a violation of sanctions”.

© 2024 AFP

Tags: constructionGerman companiesrebuilding
Share8Tweet5Share1Pin2Send
Previous Post

IMF chief Georgieva sole candidate in reelection process

Next Post

US stocks fall, oil prices jump on Middle East tensions

David Peterson

David Peterson

Related Posts

Economy

UK risks a ‘lost generation’ of jobless young people

May 28, 2026
Economy

‘Immense’ leverage: why AI chip workers are demanding more

May 28, 2026
Economy

New Zealand boosts defence spending in face of ‘adverse’ security environment

May 27, 2026
Economy

Germany warns on trade imbalance as economy minister visits China

May 28, 2026
Economy

Frugal and more online: smarter spenders rewrite luxury’s China dream

May 27, 2026
Economy

‘My job is going’: UK workers squeezed out by AI

May 26, 2026
Next Post

US stocks fall, oil prices jump on Middle East tensions

Equities sink, oil extends gains on Middle East worries

Yellen in China calls for 'level playing field' for US firms

China's green-tech manufacturing powerhouse

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

97

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Trump says making final decision on proposed Iran deal

May 29, 2026

Iran says no trust in US ‘words’, waiting for Washington to act

May 29, 2026

Oil falls, stocks mixed on US-Iran truce prospects

May 29, 2026

EU wants ‘robust’ defence against China trade imbalance

May 29, 2026
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.