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Business Daily

The cost of reconstructing Ukraine

Business Daily

BBC

News, Business

4.4796 Ratings

🗓️ 11 August 2025

⏱️ 19 minutes

🧾️ Download transcript

Summary

It is three and a half years since Russia’s full-scale invasion of Ukraine began. Homes, businesses, transport and energy infrastructure have been severely damaged or destroyed.

Amid Russia’s onslaught, economists are compiling a list of what has been destroyed and are attaching a value to its rebuilding. They put the cost of reconstructing Ukraine at more than $500 billion.

We look at how companies are preparing for the moment they can rebuild.

If you'd like to get in touch with the programme, email [email protected]

Presented and produced by Rob Young

(Picture: Rubble of a service station building destroyed by a Russian drone strike in Pisochyn, Kharkiv Oblast, Ukraine. Credit: Getty Images)

Transcript

Click on a timestamp to play from that location

0:00.0

Hello, I'm Rob Young. Welcome to Business Daily from the BBC. Coming up, the cost of reconstructing

0:07.2

war-ravaged Ukraine. Funding of reconstruction of Ukraine is the biggest issue, the biggest question,

0:14.0

because we don't know what are the sources of funds which will come. We look at how companies are

0:20.1

preparing for the moment they can rebuild.

0:22.6

Simply rebuilding the old system is not an option.

0:26.2

We are leapfrogging to renewables.

0:29.1

That's all on Business Daily from the BBC. Some nights, hundreds of armed drones and dozens of missiles are fired at Ukraine's towns and cities.

0:48.5

Russia has stepped up the ferocity of its attacks on its neighbor.

0:54.0

A downed drone hit the building, and I was at home at the time.

0:58.2

When I saw something burning, I went down to the shelter.

1:01.7

A neighbor was on the balcony when it hit, and he got injured by Shrapnel.

1:06.1

He's now in hospital.

1:10.7

It was a direct strike, into the fifth floor, into an apartment.

1:15.6

I live on the third floor.

1:17.1

I heard a sharp whistle, like something was flying straight at me.

1:20.7

I moved quickly away from the window, but it felt like the impact came from both sides.

1:26.1

It's three and a half years since Russia's full-scale invasion of Ukraine began.

1:31.5

Homes, businesses, transport and energy infrastructure have been severely damaged or destroyed.

1:38.5

Donald Trump has demanded a ceasefire within weeks.

1:41.5

Even as the war rages, Ukraine's president, Vladimir Zelensky, is planning for the

1:45.7

moment when reconstruction can begin. We now need to build a coalition for recovery. We know what

1:53.7

Russia has destroyed. And we know what it will take to rebuild Ukraine, Ukraine and people, our lives.

...

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