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Ukraine Business Roundup — On corruption in Ukraine

by Liliane BivingsMay 6, 2026

Editor's note: The following is the May 6, 2026 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. You wouldn't know it from Western media outlets — but the corruption scandal that prompted Ukraine's first wartime protests last summer continues to unfold. Last week, Ukraine’s leading outlet Ukrainska Pravda (meaning "Ukrainian Truth") published two videos presenting leaked transcripts of w

KI Insights and Tech Force in UA release updated edition of Ukrainian defense tech catalog

by KI InsightsMay 6, 2026

Poland's PZU acquires Ukraine's top insurance company

by Dominic CulverwellMay 4, 2026

Exclusive: Ukraine’s Finance Ministry quietly working to convince MPs to vote for unpopular tax change

by Luca Léry MoffatMay 1, 2026

Kyiv to buy 8,000 Octopus interceptor drones for Ukrainian military

by Abbey FenbertApril 30, 2026

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Wednesday, May 6

07:08 PM

Drones reportedly strike Russian FSB facility in occupied Crimea

"Half of the FSB building is completely gone," the Crimean Wind Telegram channel wrote.

02:12 PM

Ukraine rejects Russia's 'Victory Day' truce after Moscow violates Kyiv's ceasefire

"We just don't see the point (to follow it) for the parade," a senior Ukrainian official told the Kyiv Independent.

05:54 PM

Russia cancels Victory Day celebrations in Crimea over 'safety concerns' amid Ukraine drone strikes

"This decision by the authorities is based on security considerations," Crimea's head of Russian occupation authorities, Sergey Aksyonov, said.

05:19 PM

The corruption scandal Volodymyr Zelensky won't confront

When it comes to Ukraine's largest corruption scandal, President Volodymyr Zelensky prefers to remain tight-lipped. Recent leaks, published by journalists and lawmakers over the past week, indicate that the largest corruption scandal affecting Zelensky's inner circle has expanded beyond the energy sector. It now reportedly implicates the banking and defense industries, with attention also centered on the construction of four luxury homes near Kyiv. A man named "Vova," a short form of Volodymyr

President Volodymyr Zelensky in Brussels, Belgium on Dec. 18, 2025.

05:01 PM

Trump doesn't speak for America on Ukraine, congressman says

The Kyiv Independent’s Martin Fornusek speaks with U.S. Congressman Mike Levin about shifting American support for Ukraine, internal political divisions in Washington, and the future of transatlantic alliances.

04:47 PM

Hungary gives back seized Ukrainian bank assets, Zelensky calls it 'civilized step'

"I am grateful to Hungary for its constructive approach," President Volodymyr Zelensky said.

About Business

The Kyiv Independent’s Business Desk covers the biggest news in business, economics, and tech from Ukraine, as well as global developments that shape the economy of the region.

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