Despite Russian Invasion, Ukrainian Companies Take on New Ventures

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The World Bank has estimated that about $349 billion will be needed to rebuild the country.

As of last fall, the World Bank estimated that the cost of rebuilding Ukraine would be around $349 billion — a figure that is larger than its gross domestic product before the Russian invasion last year.

Despite the upheaval in the capital city of Kyiv, Katya Silchenko, the founder and designer of Coat by Katya Silchenko, has developed a new showroom. The airy 2,000-square-foot space hints at ethic traditions, since her latest collection was inspired by pottery. It has been in test mode and officially opens Monday.

Her company is also committed to its charity initiative — selling white sneakers with blue and yellow accents that are reminiscent of the primary colors in the Ukrainian national flag.helped to popularize the style by wearing a pair during a 2019 visit to Brussels. Over the past year the brand has donated more than $31,000 from profits from sales of the $310 footwear to charities that support Ukraine’s military and relief efforts.

 

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