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Russian missile strike destroys warehouse of one of Europe's largest alcohol producers

The aftermath of the Russian missile strike on the Amtel logistics complex near Kyiv
The aftermath of the Russian missile strike on the Amtel logistics complex near Kyiv

“On the night of July 19, a Russian missile strike completely destroyed our main finished-goods warehouse,” Global Spirits said on Facebook. The fire destroyed all warehouse facilities and the entire inventory. Preliminary estimates put the damage at more than 100 million hryvnias ($2.4 million). Read also: Crude prices rise as U.S.-Iran conflict ...

“On the night of July 19, a Russian missile strike completely destroyed our main finished-goods warehouse,” Global Spirits said on Facebook.

The fire destroyed all warehouse facilities and the entire inventory. Preliminary estimates put the damage at more than 100 million hryvnias ($2.4 million).

Read also: Crude prices rise as U.S.-Iran conflict worsens and Houthi threats reroute tankers

The company said 74 million hryvnias of that amount had already been paid to Ukraine’s state budget in taxes, including excise tax, payroll taxes, value-added tax and corporate income tax.

“Due to the loss of our inventory, we are unable to deliver products to customers. We ask our partners to adjust their business plans accordingly, as our best-selling product will be temporarily unavailable,” Global Spirits said.

Read also: Gasoline and diesel prices rise at major station chains

The company said it was already working to restore logistics and ensure uninterrupted operations.

“We also express our support for our warehouse neighbors, Goodwine, WineTime and WOG. We understand better than most what it means to lose products. But most importantly, no one was injured,” Global Spirits added.

As previously reported, a Russian missile strike completely destroyed Amtel, one of Ukraine’s largest logistics complexes, located in the Bucha district near Kyiv. Warehouses belonging to a number of well-known companies were located at the complex. Goodwine, WineTime and WOG were among the companies that reported losing warehouse facilities.

Read also: Russia using budget to ease oil firms' losses from Ukrainian strikes

Global Spirits is one of Europe’s largest international alcohol holding companies. It operates three plants in Ukraine — the Odesa Cognac Plant, the Khortytsa distillery and the Hetman production facility — as well as plants in the United States and Mexico. Its best-known brands include Khortytsa, Morosha, Pervak and Shustov. The company exports its products to more than 87 countries and is headquartered in New York.

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Read the original article on The New Voice of Ukraine

Section: Business

Author: Альона Сонько

Read full story on The New Voice of Ukraine

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