• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Exclusive

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

An hour in the Oval Office with President Trump Fortune Editor-in-Chief: Alyson Shontell sat down with President Trump in the Oval Office for an hour. Tariffs, Intel, AI, Boeing, Iran—and the question every CEO eventually has to answer: who's next?

Ukraine invasion

Volodymyr Zelenskyy warns of ‘the end of Europe’ as Russia attacks and captures Ukraine’s Zaporizhzhia nuclear plant

By
Daniel Ten Kate
Daniel Ten Kate
,
David Stringer
David Stringer
, and
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Daniel Ten Kate
Daniel Ten Kate
,
David Stringer
David Stringer
, and
Bloomberg
Bloomberg
Down Arrow Button Icon
March 3, 2022, 11:26 PM ET

Russian forces occupied the site of Europe’s largest nuclear power plant in eastern Ukraine on Friday, Ukraine said, raising the stakes in President Vladimir Putin’s invasion as his forces bombarded cities across the country.

The news came after Russian shelling caused a fire at a training complex in the Zaporizhzhia plant. Emergency services extinguished the blaze and there were no casualties. Ukraine told the International Atomic Energy Agency the incident  had “not affected ‘essential’ equipment,” and there had been no change reported in radiation levels. Play Video

President Joe Biden spoke with Ukrainian President Volodymyr Zelenskyy as reports emerged about the attack, and the leaders had earlier called on Russia “to cease its military activities in the area,” according to a White House statement.

“Europe must wake up,” Zelenskyy said in a video message early Friday, adding that he also spoke with U.K. Prime Minister Boris Johnson, German Chancellor Olaf Scholz and other leaders.

“If there is an explosion, it is the end of Europe,” Zelenskyy added. “Only urgent Europe actions can stop Russian troops.” 

A missile had hit the nuclear plant’s unit no. 1, and the Ukraine government is seeking more clarity on any damage, Energy Minister Herman Halushchenko told Bloomberg Television early Friday. Reactors are “being protected by robust containment structures” and are being safely shut down, U.S. Energy Secretary Jennifer Granholm said in a statement, adding her department had activated its nuclear incident response team.

Energoatom, the state company that manages all of Ukraine’s nuclear power plants, said it was allowing employees to come to work at the site. 

Knee-jerk losses in equity markets moderated as traders assessed the severity of the situation at the facility. S&P 500 Index futures were trading 0.9% lower, after earlier falling 1.7%. Gold pared earlier gains as demand for haven assets eased.

Mariano Grossi, the IAEA’s director general, spoke with Ukrainian authorities and warned of “severe danger” if its reactors were hit. The site accounts for about 20% of the country’s electricity, according to its website.

The fact that the fire had posed no immediate risk to reactors “does not in any way excuse the Russian troops for firing on this nuclear power plant facility and endangering not only Ukraine and the surrounding countries, but really Russia itself should there be some kind of explosion,” Rose Gottemoeller, a former NATO deputy secretary general, told Bloomberg Television in an interview. “It’s one of those fratricidal situations that nobody, not even Vladimir Putin, should wish for.”

While Ukrainain Foreign Minister Dmytro Kuleba warned of a disaster “10 times larger” than Chernobyl, analysts said that was unlikely. The nuclear reactors at Zaporizhzhia are of a different design, with a containment shell, and have since been upgraded to new regulations even after the Fukushima disaster.

“If there is no significant military damage to their multiple redundant safety systems, the reactors should remain in a safe stable state,” said Lake Barrett, a former official at the U.S. Nuclear Regulatory Commission who was involved with the cleanup at the Three Mile Island nuclear power plant in the U.S. 

Reactor Safety

The head of Ukraine’s nuclear operator has said the plant’s reactors, which are protected with thick metal and cement shells, are designed to withstand an aircraft crash. Nuclear plants are equipped with emergency response systems that should shut the reactors once they sense the vibrations from the attack, and have backup power systems in the case of a blackout.

The Zaporizhzhia power plant in the Ukrainian city of Enerhodar is home to six Soviet-designed 950-megawatt reactors built between 1984 and 1995, with capacity of 5.7 gigawatts, enough to power more than 4 million homes. 

Phone calls to the power plant didn’t connect, and plant officials didn’t immediately respond to an email seeking comment on the situation. 

In the days leading up to the strike, the International Atomic Energy Agency had considered a 30-kilometer exclusion zone surrounding all of Ukraine’s reactors, acknowledging the unprecedented nature of combat taking place in and around the facilities. There’s never before been a military attack on an operating nuclear plant, analysts said. 

This story has been updated to reflect reports that Russian troops have captured the power plant.

Never miss a story: Follow your favorite topics and authors to get a personalized email with the journalism that matters most to you.

About the Authors
By Daniel Ten Kate
See full bioRight Arrow Button Icon
By David Stringer
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon

Latest in International

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Most Popular

The top foreign holders of U.S. debt may soon dump Treasury bonds and bring their money back home, potentially spiking borrowing costs
Economy
The top foreign holders of U.S. debt may soon dump Treasury bonds and bring their money back home, potentially spiking borrowing costs
By Jason MaMay 17, 2026
1 day ago
Microsoft AI chief gives it 18 months—for all white-collar work to be automated by AI
AI
Microsoft AI chief gives it 18 months—for all white-collar work to be automated by AI
By Jake AngeloMay 16, 2026
2 days ago
The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
Politics
The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
By Jake AngeloMay 12, 2026
6 days ago
SpaceX heads into a record-shattering IPO with the 'deepest moat that exists today' as investors vow to 'never bet against Elon'
Innovation
SpaceX heads into a record-shattering IPO with the 'deepest moat that exists today' as investors vow to 'never bet against Elon'
By Jason MaMay 16, 2026
2 days ago
'No one was coming to save me': How Reese Witherspoon built a $900 million company from a problem Hollywood wouldn't fix
Success
'No one was coming to save me': How Reese Witherspoon built a $900 million company from a problem Hollywood wouldn't fix
By Sydney LakeMay 17, 2026
1 day ago
Mamdani's New York is coming to tax your private jet. Here's how to prepare
Personal Finance
Mamdani's New York is coming to tax your private jet. Here's how to prepare
By Greg RaiffMay 16, 2026
3 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.