Flex Ltd.'s facility in Mukachevo, Ukraine was damaged in a missile strike on August 21, 2025, injuring several employees and contractors. The facility, which accounts for 1% of Flex's total revenue, specializes in consumer and lifestyle products. Flex has activated its Business Continuity Plan and is working with U.S. government officials to assess the damage. The company is providing full support to the affected individuals and their families.
On August 21, 2025, Flex Ltd.'s facility in Mukachevo, Ukraine, sustained damage during a missile strike, resulting in injuries to several employees and contractors. The facility, which accounts for approximately 1% of Flex's total revenue, specializes in consumer and lifestyle products. Flex has activated its Business Continuity Plan and is collaborating with U.S. government officials to assess the extent of the damage.
The incident, which occurred during a missile strike, led to the evacuation of the site following the activation of emergency protocols. While the facility has no role in military or defense production, the strike has had a significant impact on Flex's operations in Ukraine. The company is providing full support to the affected individuals and their families, and is engaging with relevant U.S. government officials and agencies to ensure the safety and well-being of its employees and contractors.
Flex Ltd. is a U.S. company headquartered in Austin, Texas, and is the manufacturing partner of choice for a diverse range of industries, including datacenter, lifestyle, consumer, industrial, automotive, health solutions, and product lifestyle services. The company's global workforce spans 30 countries, and it is committed to delivering technology innovation, supply chain, and manufacturing solutions.
The strike on Flex's facility in Mukachevo highlights the broader impact of the ongoing conflict in Ukraine on businesses operating in the region. The American Chamber of Commerce in Ukraine has reported that over half of its member businesses have been damaged by the conflict, underscoring the significant economic and operational challenges faced by companies in the country.
Flex Ltd. has not released any specific financial statements or revenue projections related to the incident, and it is unclear how the strike will impact the company's overall financial performance. However, the company has stated that it is committed to ensuring the continuity of its operations and supporting its employees and contractors affected by the strike.
In light of the ongoing conflict in Ukraine, investors and financial professionals should closely monitor Flex Ltd.'s financial performance and any updates related to the strike on its facility in Mukachevo. The company's ability to navigate the challenges posed by the conflict and maintain its operations will be crucial in determining its future prospects.
References:
[1] https://investors.flex.com/news/news-details/2025/Missile-Strike-on-Ukraine-Hits-Flex-Facility/default.aspx
[2] https://www.marketscreener.com/news/flex-ltd-announces-missile-strike-on-ukraine-hits-flex-facility-ce7c50dad889ff24
[3] https://www.newsweek.com/russian-strikes-hit-us-owned-factory-ukraine-2117148
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