Ukraine’s business climate experienced a persistent slide between 2008 and 2019, characterized by a slowdown in new entrepreneurial activity, reduced competition, and increased dominance by large, inefficient companies, according to a new study. To reverse course and capitalize on its emerging tech ecosystem and future reconstruction efforts, Ukraine must dismantle the influence of sluggish state-owned enterprises and politically favored large firms, say economists at the World Bank and the Uni

Merger and acquisition activity ramped up in the first half of 2025, driven by a rise in deals between Ukrainian companies, according to a recent report by accounting firm KPMG Ukraine. Analysis by KPMG recorded 34 announced deals worth $716 million in total, a 21% increase in value compared to the same period in 2024. Of these, 25 were domestic mergers or acquisitions, collectively worth $367 million. One of the key drivers of the uptick in domestic M&A activity was telecoms giant Kyivstar’s

From her window, Elena Demchenko can see the school where she taught for 17 years. Nearly three years have passed since Izium was liberated from Russian occupation, yet the building still lies in ruins. "People still live with damaged roofs, windows, and doors — there are so many old ladies that live alone in their apartments, earn a $50 monthly pension, and have no idea what to do," according to Demchenko, who lived through Russian occupation.   When Ukrainian forces retook Izium in September

The European Union is set to reinstate tariffs on Ukrainian agricultural exports on June 6. This is the first time since Russia's full-scale invasion that the EU will not renew an agreement suspending trade barriers between Ukraine and Europe. The end of tariff-free trade comes amid mounting opposition to Ukrainian exports — and Ukraine's EU accession — from eastern European bloc members, including Poland and Hungary. While a transitional agreement will govern trade to the end of 2025, negoti