On Nov. 17, the Anti-Monopoly Committee refused to consider an application to complete the controversial purchase of the Bilshovyk machine-building plant. The agency said that the application didn’t comply with its requirements.
Tycoon Vasyl Khmelnytsky and his business partners bought the Kyiv plant for a mere $53 million through an Oct. 27 auction that had just three bidders. Experts believe that the property could have easily been sold for three times as much.
Multiple media outlets alleged that Khmelnytsky-linked firms used dubious schemes to make the acquisition too risky for other investors. The committee is currently investigating the sale.
Max Hunder is a business reporter at the Kyiv Independent. He previously worked as a business reporter at the Kyiv Post focusing on infrastructure and energy. He is a graduate of Eton College and University College London, and has reported for international publications from London, Kyiv and Yerevan.
In Kharkiv, at least 17 explosions rocked the city in 20 minutes amid a massive Russian drone strike. Explosions, power outages, and mass strikes have been reported in multiple cities.
Daniel Martindale, an American who secretly provided intelligence to the Kremlin while living in Ukraine, was granted Russian citizenship during a televised ceremony in Moscow on July 15.
A new Finnish law banning Russian and Belarusian citizens from purchasing real estate took effect July 15, part of a broader effort to bolster Finland's national security amid Russia's increasingly aggressive posture in the region.
Footage shows drone operators with the Omega Wings special operations unit of Ukraine's National Guard taking out a Russian 2S19 Meta-S self-propelled howitzer.
The U.S. government’s development finance agency has started looking for a company to manage a joint U.S.-Ukraine investment fund, Ukraine’s Economy Ministry said in a July 15 press release.
U.S. President Donald Trump's remarks come after the Financial Times (FT) reported, citing undisclosed sources, that he asked President Volodymyr Zelensky whether Kyiv could strike Moscow or St. Petersburg if provided with long-range U.S. weapons.
"The government coalition rejects the imbecile proposal of the European Commission to stop the flow of Russian gas from 2028," Slovak Prime Minister Robert Fico said.
Denmark and Sweden are open to help deliver U.S. weapons, including Patriot air defense systems, to Ukraine via NATO, countries' officials said on July 15.
Vitaliy Shabunin, head of the Anti-Corruption Action Center's (AntAC) executive board and current member of the country's Armed Forces, was charged on July 11 with evading military service and fraud — an accusation he and his team reject.
"The stolen data includes confidential questionnaires of the company's employees, and most importantly, full technical documentation on the production of drones, which was handed over to the relevant specialists of the Ukrainian Defense Forces," a source in Ukraine's military intelligence told the Kyiv Independent.
