Post by : Shweta
Ukraine has expanded its campaign against Russia's e-commerce sector, with four logistics hubs belonging to Ozon targeted in drone attacks in southern Russia on August 24. Ozon, Russia's second-largest online retailer, said the latest incidents brought the number of its facilities targeted since August 22 to six.
Ozon said a logistics hub in Makhachkala, in Russia's Dagestan region, caught fire following a drone attack and operations were suspended. The company said preliminary information indicated that several people were injured. The incident marked one of the most serious disruptions reported at an Ozon facility during the recent attacks.
A fire was also reported at an Ozon logistics hub in Enem, near Krasnodar. Workers were evacuated from facilities in Adygeysk and Nevinnomyssk after drone attacks, although Ozon said those two locations were not damaged. The company also reported that operations had already been suspended at logistics centres in the Samara and Orenburg regions following earlier attacks.
The attacks had a major impact on Ozon's stock. Shares of the company fell by almost 30 percent on the Moscow Exchange on August 24, while shares of its major shareholder, AFK Sistema, dropped by more than 13 percent. Ozon had previously been one of Russia's strongest-performing stocks since the market turmoil that followed the beginning of the Ukraine war.
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The attacks represent an expansion of Ukraine's campaign against Russian online retailers. Before Ozon became a major target, Ukrainian attacks had focused heavily on Wildberries, another major Russian e-commerce company. Kyiv has argued that logistics facilities belonging to such companies form part of infrastructure supporting Russia's wartime economy.
The attacks come as Russia's government considers measures to protect and rebuild damaged logistics infrastructure. President Vladimir Putin had ordered the government to develop support for warehouses damaged by Ukrainian attacks. Russia's Finance Ministry also announced measures including temporary tax breaks for Wildberries and smaller businesses whose goods were damaged.
Ozon began as an online bookstore and later developed into one of Russia's largest online marketplaces. The company previously attracted international investors and raised $1 billion through its 2020 initial public offering. Ozon is now listed on the Moscow Exchange. The European Union also imposed sanctions on Ozon and Wildberries' financial units in July 2026.
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