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Poland's PZU acquires Ukraine's top insurance company
MetLife Ukraine makes up 50% of the Ukrainian market, earning nearly Hr 1 billion ($22.6 million) in profits last year from its 900,000 clients.
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Tuesday, May 5
Romania's pro-EU government falls after no-confidence vote
The motion was initiated by the Social Democrats (PSD), who left the governing coalition last month, and by the far-right, Ukraine-skeptic Alliance for the Union of Romanians (AUR).
Ukraine's culture minister on why culture 'needs KPIs' to succeed
Since Russia launched its full-scale invasion of Ukraine, the country's culture has finally received the attention it had previously lacked. But Culture Minister Tetyana Berezhna aims for more than mere survival — she envisions a cultural sphere that thrives and becomes a major economic driver for Ukraine. In a conversation with the Kyiv Independent, Berezhna explains why culture needs measurable goals to succeed both nationally and internationally, how her experience in law, economics, and go
UK sanctions Russian individuals, entities responsible for exploiting migrants in its war effort
"The practice of exploiting vulnerable people to prop up Russia’s failing and illegal war in Ukraine is barbaric," U.K. Sanctions Minister Stephen Doughty said.
Russian attacks on Ukraine kill 15 civilians, injure at least 72 over past day
Russia launched 11 Iskander ballistic missiles in the overnight attacks, as well as 164 Shaheds and Shahed-type drones in overnight attacks, Ukraine's Air Force reported.
Ukraine strikes Russian Shahed, Iskander component facility, major oil refinery amid large-scale attack
Ukrainian forces launched a missile and drone attack on multiple Russian regions overnight on May 5, reportedly striking a critical Russian military-industrial site in Cheboksary, Chuvash Republic, Russian Telegram media channels reported.
General Staff: Russia has lost 1,336,120 troops in Ukraine since Feb. 24, 2022
The figure includes 970 casualties that Russian forces suffered over the past day.
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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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General Cherry’s Khmarynka enters a growing class of low-cost, mid-range strike drones modeled on Russia’s Molniya and designed for mass production.
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