Russia's Su-57 is marketed as one of the world’s most advanced fifth-generation fighter jets. Yet, no foreign countries are interested in purchasing the jet. This failure highlights broader issues and trends within Russia's military-industrial complex.
The following is the July 23, 2024 edition of our Ukraine Business Roundup weekly newsletter. This version is condensed as the author was out of the office. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. Decentralizing a power grid is a
For many — Ukrainians and non-Ukrainians alike — Ukrainian cuisine might seem the antithesis of fine dining: greasy and meaty comfort food, the provenance of moms and grandmothers. The owners of the Ukrainian neo-bistro Mriya, which means “dream” in Ukrainian, located in central London, share anything but this perspective. Opening after the
The following is the July 16, 2024 edition of our Ukraine Business Roundup weekly newsletter. This version is condensed as the author was out of the office. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. With Ukraine desperately seeking cash to
The following is the July 9, 2024 edition of our Ukraine Business Roundup weekly newsletter. This version is condensed as the author was out of the office. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. There’s an unpleasant fact about
The following is the July 4, 2024 edition of our Ukraine Business Roundup weekly newsletter. This version is condensed as the author was out of the office. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. EU accession talks begin Ukraine and
The following is the June 19, 2024 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. The Group of Seven (G7) leaders confirmed on June 13 a plan to provide Ukraine with a $50
Australian Minister Bill Shorten, head of his country’s delegation at the peace summit in Switzerland, says he was surprised by the event. Shorten has been in politics for eight years and was a trade union representative for 15 years before that. He's now the country's National Disability and Insurance
Ukraine’s peace summit wrapped up on June 16 at the Burgenstock resort in Switzerland after two days of discussions on three major aspects of Ukraine’s 10-point peace plan: nuclear safety, food security, and prisoner swaps. Just over 90 countries, a handful of organizations, and one observer took part
Ministers and advisors of various countries will hold further meetings on the three points of Ukraine's peace plan discussed at the peace summit in Burgenstock, Switzerland on June 15-16, the Ukrainian Presidential Office said.
The following is the June 12, 2024 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. Ukraine’s annual recovery conference happened this week in Berlin, but instead of talks of grand plans to
Ukrainians could face up to 20 hours of blackouts a day under a “worst-case” scenario if the country cannot repair and properly defend its energy infrastructure from Russian attacks, Executive Director of Ukraine’s largest privately-owned energy company DTEK Dmytro Sakharuk told the Kyiv Independent in an interview on June
Ukraine’s recovery and reconstruction are impossible to separate from the country’s EU integration and accession aspirations. If the country wants to enter the EU, it will have to get its rules and regulations in line with the bloc, across every field. Many of these reforms will involve sectors
The following is the June 5, 2024 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. After just a day spent in Kyiv, one could be forgiven for thinking Ukraine’s economy is going
Ukrainian author Volodymyr Rafeyenko never thought he would write a novel in Ukrainian. He was a native of Donetsk, an eastern Ukrainian city where he grew up speaking Russian and completed a degree in Russian philology. Early on in his career, he was the winner of some of Russia’s
Last week, I wrote in this newsletter that the biggest problems business leaders said they were facing in Kharkiv weren’t Russian attacks, but mobilization. And just like that, Russia launched missile attacks at a publishing house and a building materials hypermarket in the city. In the first of the
The following is the May 21, 2024 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. One of the more-talked-about stories in Ukrainian business this past week was a seemingly odd government decision to
The following is the May 14, 2024 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. Ukrainian businesses and industry will face more restrictions in energy use due to "significant shortages of electricity” amid
The following is the May 7, 2024 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. Ukraine’s Central Bank eased some wartime foreign exchange restrictions on businesses in what it said was the
The following is the April 30, 2024 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. Polish farmers finally ended their protests at the Hrebenne-Rava-Ruska border crossing on April 29, effectively lifting a blockade
The following is the April 23, 2024 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. Ukrainians cautiously celebrated the House finally passing further aid to Ukraine last Saturday. The moment was bittersweet — how
Ukrainian grain exports decreased in March and are expected to further slow down this year amid lower supply and smaller harvest predictions. Grain exports amounted to 5.2 million metric tons in March, down from 5.8 million metric tons the month before, according to various estimates. After Kyiv set
The following is the April 16, 2024 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. Russia’s large-scale attacks against Ukraine’s energy system late last week have stoked fears of renewed country-wide
The following is the April 9, 2024 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. French billionaire Xavier Niel’s investment company NJJ Capital announced that it would be acquiring and merging two
The total value of the acquisition, including the purchase price and investment, is expected to be over $1 billion, a source involved in the deal told the Kyiv Independent. The final value of the deal will be announced at the close.
The following is the April 2, 2024 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. In March, Ukraine received the largest budget financing from its allies since the beginning of Russia's full-scale invasion
The following is the March 26, 2024 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. Over the past week, Russian attacks targeted energy facilities across Ukraine, affecting nearly every major energy producer in
The following is the March 19, 2024 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. As Ukraine runs out of ammunition on the battlefield, the government is betting on the country’s drone
The following is the March 12, 2024 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. After two years of no flights and a 20-hour train trip just to get from Kyiv to the
Anna Apostol says there’s only one thing she doesn’t love about being a co-founder of the Kyiv-based online programming school Mate academy: that people sometimes think her husband and co-founder, Roman Apostol, is the “one who did everything and hired me because I’m his wife.” “I don’
The following is the March 5, 2024 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. Spanish company Inditex, owner of fashion giant Zara, as well as Bershka, Pull & Bear, Stradivarius, Uterque, Oysho, and
The start of Russia’s full-scale invasion of Ukraine was an unlikely place for investment. Russian attacks all over the country were destroying critical infrastructure, factories, and homes. The economy took a major hit, with GDP falling 29% that year. The European Bank for Reconstruction and Development, which has been
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