What happened to Epicentr
Epicentr said its business was "destroyed" after a burst of Russian air attacks. In a Telegram post, it listed Kharkiv, Zaporizhzhia, Vinnytsia and Poltava all hit within a single day and described "complete destruction of the chain."
Russia's defense ministry said on Telegram that its troops hit two logistics hubs - one of them owned by Epicentr - as well as a Kharkiv distribution site that it claimed stored dual-use goods for Ukraine's military. President Volodymyr Zelenskyy wrote on X that Russia first hit a home improvement hypermarket, then carried out a second strike on arriving emergency services, injuring first responders.
The wider pattern of strikes
Epicentr's footprint is large - the company's infrastructure spans 53 shopping malls across Ukraine and 197 order pickup centers - and it has come under repeated attack in recent months as the Kremlin's full-scale invasion heads deeper into its fifth year. Other strikes have hit the courier Nova Poshta and data facilities operated by Vodafone, Omega Telecom and Kyivstar. In turn, Ukraine has carried out attacks on Russian data infrastructure and e-commerce companies.
Yuri Ushakov, a Kremlin foreign policy aide, said Sunday that Russia is prepared to restart three-party talks involving the US and Ukraine about a potential peace agreement after Nov. 4, the date of Moscow's National Unity Day. He added that this schedule would fall after the Nov. 3 US midterm elections.
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Attacks inside Russia and the human toll
Ukraine on Sunday continued airstrikes deep inside Russia. Dmitry Makhonin, governor of the Perm region in the Urals, said a drone strike wounded five employees at a factory in the northern part of the region. He said the facility was slightly damaged and continues to operate normally. The Perm region sits about 1,850 kilometers, or 1,150 miles, northeast of Kyiv.
According to regional governor Igor Artamonov, a Ukrainian attack hit an industrial area in Yelets in Russia's Lipetsk region, killing one person. Overnight, a swarm of Ukrainian drones struck the Russian border region of Belgorod. Regional governor Alexander Shuvaev reported that two fatalities occurred in the city of Belgorod, and that 30 apartment buildings, three administrative buildings and eight commercial facilities were damaged.
What this means for your portfolio
Supply chains are in the blast radius. Retailers, couriers and telecom operators have all been hit, and cross-border strikes continue even as talk of potential negotiations resurfaces. The bottom line: operational disruption, damage to assets and ongoing escalation risks remain on the table for businesses with exposure to Ukrainian and Russian infrastructure.
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