
Ukraine's deputy prime minister won't be dismissed despite corruption probe, court rules
Deputy Prime Minister of Ukraine Oleksii Chernyshov will keep his position after a decision from the High Anti-Corruption Court on July 2.
Team
Dominic is the business reporter for the Kyiv Independent. He has written for a number of publications including the Financial Times, bne IntelliNews, Radio Free Europe/Liberty, Euronews and New Eastern Europe. Previously, Dominic worked with StopFake as a disinformation expert, debunking Russian fake news in Europe.
Deputy Prime Minister of Ukraine Oleksii Chernyshov will keep his position after a decision from the High Anti-Corruption Court on July 2.
Hans Braunfisch wants Americans to invest in Ukrainian startups, but there's a problem: there's no clear path for individual investors to put money into the more than 26,000 Ukrainian startups out there. The former PwC consultant plans to change that with Pravo Venture, a platform streamlining foreign investment for
Russian troops have taken over the site of one of Ukraine’s most valuable lithium deposits near the village of Shevchenko, Donetsk Oblast, as Russia ramps up its summer offensive. While Ukrainian troops control territories near the site, the deposit is now under Russian occupation, Roman Pohorilyi, founder of open-source
Deputy Prime Minister of Ukraine Oleksii Chernyshov was restricted from traveling abroad without permission after a court ruled on June 27 to set bail at Hr 120 million ($2.9 million) while awaiting trial in a high-profile corruption case. “This is a huge challenge for me,” Chernyshov told reporters during
It took firefighters two days to extinguish the flames at Oleksiy Tarnopolskiy's warehouse in Kyiv after a Russian attack on June 10. Nothing inside could be saved from his tea and coffee business. Tarnopolskiy arrived on site to an "apocalyptic" scene at 5 a.m., one hour after a Russian
Ukrainian minister and deputy Prime Minister Oleksii Chernyshov has been formally named a suspect in a high-profile illegal land grab case, becoming the highest-ranking official in Ukrainian history to face such charges.
When John Denton first visited Ukraine weeks into Russia’s full-scale invasion in 2022, he knew that for the country to survive, businesses needed to stay alive. Denton is the secretary general of the International Chamber of Commerce, the world’s largest business organization. Active in 170 countries, the organization
The drones were shot down, but the debris fell on a plant in the town of Yelabuga, where Shahed-type attack drones are manufactured, causing a fire.
Felipenko was well known for his role in the 2024 series “A Promise to God” before joining the Achilles Strike Drone Battalion, part of Ukraine’s 92nd Assault Brigade, in April 2024.
“This is not just an attack against Ukraine, but also an attack where American business is being hit,” said Andy Hunder, President of the American Chamber of Commerce in Ukraine.
Law enforcement investigations and institutions from Ukraine’s Interior Ministry will examine and identify the bodies in the near future, the Coordinating Headquarters for the Treatment of Prisoners of War said.
If found guilty, the 24-year-old native of Rivne Oblast faces life imprisonment for high treason.
In the early hours of June 14, Ukrainian agents drained the coolant from the substation’s power transformer before setting the facility on fire.
Of the 183 drones Russia launched, Ukrainian air defense neutralized 159, Ukraine’s Air Force said. Ukraine also shot down 2 Kinzhal ballistic missiles and six out of eight cruise missiles.
The number includes 1,170 casualties that Russian forces suffered just over the past day.
Israel's "preemptive" strikes against Iran targeting the country's nuclear program and killing top military officials could have far-reaching implications for Ukraine and could boost Russia's ability to continue its full-scale invasion, experts have told the Kyiv Independent. Iran has been one of Russia's staunchest allies throughout the war, providing thousands
The EU provided 13 million euros ($15 million) of the new funding, while Germany's International Climate Initiative (IKI) provided 5 million euros ($5.7 million).
In a luxurious resort complex north of Kyiv, 12 women are retraining to enter the hospitality sector in a new school that will kickstart a fresh life for Ukraine’s internally displaced people (IDPs). The women, mostly from Ukraine's occupied territories, are learning to be housekeepers in the first program
Ukraine's largest private energy company DTEK secured a $72-million loan to build one of the largest battery energy storage complexes in Eastern Europe, the company said on June 3.
Ukraine’s allies have imposed sweeping sanctions on Russia and its supporters over the full-scale war, but experts say there’s room for more.
Ukraine faces a difficult balancing act — sanctioning more Chinese firms for aiding Russia’s war machine without alienating Beijing, which could be key to ending Russia’s invasion. Kyiv is currently considering imposing new sanctions against Chinese firms providing raw materials to Russia’s defense sector, a source close to
Standing beside a sleepy village in Ukraine’s central Kirovohrad Oblast, the Zavalivskiy mine lies beneath layers of brown and pink earth, holding some 7.5 million metric tons of graphite ore — the second largest flake graphite mine in Europe. Like many mining companies in Ukraine, Zavalivskiy Graphite has lost
Editor's note: An original version of this article stated that every passenger on a bus hit in Russia's missile attack on Sumy had been killed in the strike, but reports the following morning found that a boy had managed to escape and rescue fellow passengers, including his mother. The burnt
The following is the April 9, 2025 edition of our Ukraine Business Roundup weekly newsletter. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. President Trump shocked the world on April 2 when he announced what he dubbed “Liberation Day,” slapping tariffs
U.S. President Donald Trump has inadvertently hit Russia’s economy after his "Liberation Day" tariffs caused oil prices to drop drastically on April 7, with potentially massive ramifications for the Kremlin's ability to fund its ongoing war in Ukraine. Russia has so far failed to agree to a full
U.S. President Donald Trump on April 2 unleashed what he has dubbed "Liberation Day," imposing tariffs on nearly every country in the world — including war-torn Ukraine. Kyiv got off lighter than most with only a 10% tariff on all Ukrainian goods, compared to 20% on the EU, and 54%
The following is the April 1, 2025 edition of our Ukraine Business Roundup weekly newsletter. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. Washington proudly announced on March 25 that it had brokered an agreement between Russia and Ukraine to "eliminate
The ongoing saga of the U.S.-Ukraine natural resources deal has already caused seismic ruptures between Kyiv and Washington, temporarily costing Ukraine American military support and crucial intelligence sharing. Yet in the quest to placate U.S. President Donald Trump, and secure his support in the fight against Russia's
With much fanfare, the U.S. on March 25 announced it had brokered an agreement between Russia and Ukraine to "eliminate the use of force" in the Black Sea after two days of talks in Saudi Arabia. But while Kyiv said it was ready to abide by it straight away,
While the White House celebrates a ceasefire in the Black Sea after a 12-hour meeting in Riyadh, in Ukraine, the enthusiasm is muted. The agreement is missing crucial securities that Ukraine urgently needs, including protecting its ports from Russian attacks as well as opening up the blockaded Mykolaiv port. The
The restart of flights is vital for rebuilding Ukraine's economy, a process that cannot start unless "somebody gives the airports a kick up the backside," Ryanair CEO Michael O'Leary said.
"G7 decision that those assets are not going back to Russia unless Russia pays for its damages is something which is already decided. And it's important to stick with this decision," EU Economy and Trade Commissioner Valdis Dombrovskis said.