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Home > Finance > Ukraine drone attack sparks industrial fire in Russia's Rostov-on-Don, officials say

Ukraine drone attack sparks industrial fire in Russia's Rostov-on-Don, officials say

Published by Global Banking and Finance Review

Posted on January 14, 2026

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Tags:insurance financial crisis risk management economic growth

Ukrainian Drone Strike Causes Fires in Rostov-on-Don, Russia

Impact of the Drone Attack

Jan 14 (Reuters) - A Ukrainian drone attack overnight caused two fires at an industrial facility, injured four people and damaged apartment buildings in the southern Russian port of Rostov-on-Don, regional officials said on Wednesday.

Injuries and Damage

Yuri Slyusar, governor of Russia’s Rostov region, said four people, including a four-year-old child, were injured when falling debris from downed drones damaged their apartments. Rostov-on-Don is the Rostov region's administrative centre.

Response from Local Authorities

All of the injured people were hospitalised, Slyusar said on the Telegram messaging app.

Strategic Importance of Rostov-on-Don

He would not say what industrial facility was on fire, adding that by early Wednesday morning, one of the fires was extinguished and the other contained.

Aleksandr Skryabin, the mayor of Rostov-on-Don, said temporary accommodation was arranged for the families from the damaged apartments.

The full-scale impact of the attack was not immediately known. There was no comment from Ukraine about the strike.

Ukraine has used drones to strike targets inside Russia, saying such attacks seek to degrade Moscow’s military and energy infrastructure and respond to Russia’s continued strikes on Ukrainian cities during the war that Moscow launched nearly four years ago.

Rostov-on-Don, a major transport and logistics hub near Ukraine, hosts key military headquarters and routes used to supply Russian forces, making it a strategic rear-area centre for Moscow’s operations and a target for drones.

(Reporting by Lidia Kelly in Melbourne; Editing by Tom Hogue and Thomas Derpinghaus)

Frequently Asked Questions about Ukraine drone attack sparks industrial fire in Russia's Rostov-on-Don, officials say

1What is a drone attack?

A drone attack involves the use of unmanned aerial vehicles (UAVs) to strike a target, often for military purposes. These attacks can cause significant damage and casualties, as seen in various global conflicts.

2What is risk management?

Risk management is the process of identifying, assessing, and prioritizing risks followed by coordinated efforts to minimize, monitor, and control the probability or impact of unfortunate events.

3What is economic growth?

Economic growth is the increase in the production of goods and services in an economy over a period of time, typically measured by the rise in gross domestic product (GDP).

4What is insurance?

Insurance is a financial arrangement that provides protection against financial loss or risk. Individuals or businesses pay premiums to receive compensation for covered losses.