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Minister: Ukraine’s advertising market fell by over 70% due to Russian invasion.

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The estimate was provided by Culture Minister Oleksandr Tkachenko. If the security situation in Ukraine does not deteriorate further, Ukraine's advertising market may fall by 60-65% year-on-year in 2022, media communications conglomerate Razom Group estimated.

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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The latest announcement comes as Kyiv experienced widespread power outages on Oct. 8 following a Russian attack on Ukrainian energy infrastructure. Over 3 million residents in the capital lost power in what officials described as "an attack on one of the energy facilities important for the city of Kyiv."

The railway operator initially reported that the passenger train's driver suffered a leg injury and four passengers required medical attention. The crew of the electric locomotive was unharmed.

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