Home World News Ukraine: in Kryvyi Rih, the hour of economic recovery under Russian threat

Ukraine: in Kryvyi Rih, the hour of economic recovery under Russian threat

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At the end of April in Kryvyi Rih, a mining and industrial town of 650,000 inhabitants. Under an incessant drizzle and glacial, the “krushovka”, these barres of brick and grayish concrete built by prisoners of war during the Khrushchev era, seem abandoned. A few Ladas are circulating. The hometown of Volodymyr Zelensky is slowly emerging from its torpor. Russian troops have been pushed back 50 km to the south, and in the economic basin of Ukraine, production is gradually resuming. According to its deputy mayor Serguiyv Miliutin, industrial activities in Kryvyi Rih accounted for 7 to 10% of Ukraine’s gross domestic product (GDP) before the war. Since the destruction of industrial infrastructure in Kharkiv and Mariupol, restarting production in Kryvyi Rih has become an absolute necessity. The city is one of the last still functioning economic lungs of the country. Sitting behind a large wooden desk, the deputy mayor praises his city’s know-how: “The economic history of the city dates back to the 1880s, when, after the discovery of the first mines, the French, Belgians and English settled there to develop the iron ore industry. The steel of the Eiffel Tower is us! »

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