Published by Global Banking & Finance Review®
Posted on August 18, 2025
2 min readLast updated: January 22, 2026
Add as preferred source on Google
An explosion at a factory in Russia's Ryazan region killed 20 and injured 134. The cause remains unknown, with emergency services responding.
MOSCOW (Reuters) -The death toll from an unexplained blast last week at a factory in Russia's Ryazan region has jumped to at least 20, with another 134 people injured, emergency services said on Monday.
Pavel Malkov, governor of the Ryazan region that lies just southeast of Moscow, said last Friday that the incident had been triggered by a fire breaking out inside a workshop at the factory.
But it was unclear from Russian media reports what caused the fire or what the factory was producing. Official Russian sources gave no details beyond efforts to find and treat the injured. Some media reported that it was a explosives plant but Reuters was unable to immediately verify that information.
"As of August 18, 20 people died as a result of the emergency incident," the local emergency service headquarters said in a post on Telegram.
"There are 134 injured, of whom 31 patients are in hospitals in Ryazan and Moscow, while 103 patients are undergoing outpatient treatment."
Video footage released by the emergencies ministry showed parts of the plant completely destroyed, with rescuers working through giant piles of rubble with sniffer dogs.
In another video, psychologists were shown working with local residents to provide counselling.
(Reporting by Lidia Kelly in Melbourne; editing by Guy Faulconbridge and Mark Trevelyan)
Risk management involves identifying, assessing, and prioritizing risks followed by coordinated efforts to minimize, monitor, and control the probability or impact of unfortunate events.
Financial stability refers to a condition where the financial system operates effectively, allowing for the smooth functioning of financial markets and institutions without significant disruptions.
Insurance is a financial product that provides protection against potential future losses or damages, offering compensation in exchange for regular premium payments.
Explore more articles in the Headlines category
