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PMI Seeks Compensation After $16M Russian Strike in Ukraine

2/28/2026

Summary

Story summary

Philip Morris International (PMI) reported $16 million in damages from a Russian strike on its Kharkiv warehouse in Ukraine on January 30.
The attack destroyed 5,000 square meters of the facility, which had halted operations in 2022 and previously produced 20 billion cigarettes annually.
There were no casualties, as only security personnel were present.
The company seeks international compensation because war-related insurance is unavailable in the region.

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Story summary

Philip Morris International (PMI) reported $16 million in damages from a Russian strike on its Kharkiv warehouse in Ukraine on January 30.
The attack destroyed 5,000 square meters of the facility, which had halted operations in 2022 and previously produced 20 billion cigarettes annually.
There were no casualties, as only security personnel were present.
The company seeks international compensation because war-related insurance is unavailable in the region.