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Reuters
Reuters
Business
By Olena Harmash

Ukraine's economy stabilizes after shock of war

FILE PHOTO: Local residents buy food at a street market in front of apartment building heavily damaged in the beginning of Russia's attack on Ukraine, in the town of Borodianka, Kyiv region, Ukraine December 15, 2022. REUTERS/Valentyn Ogirenko

When Russia invaded Ukraine a year ago, the shelves of the Novus supermarket chain in Kyiv quickly emptied as its supply chains - domestic and overseas - collapsed. Fresh produce became scarce and panic buying spread.

Oleksiy Panasenko, deputy director general for operations at the popular outlet, recalls how the business reeled before Novus, like many other large retail chains, managed to adapt.

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