France will renew its Ukraine Fund after a successful first round, allocating 71 million euros ($84 million) to foster investment from French companies in Ukraine next year.
Explosions were reported overnight on Feb. 23 in Russia’s Belgorod, where officials said a large-scale missile strike caused significant damage to local infrastructure, as reports also emerged of attacks targeting energy and oil infrastructure elsewhere in Russia. Belgorod Governor Vyacheslav Gladkov said the city is reportedly facing disruptions to electricity, water supply, and heating after damage to energy facilities. Footage circulating on public channels showed blasts across the city, wh
Ukraine's Unmanned Systems Forces hit an oil depot in occupied Luhansk and destroyed two Russian Tor air defense systems, valued at over $50 million, in occupied Donetsk Oblast, the military said.
The arms deal was signed in Moscow in December, and requires Russia to send Iran 500 "Verba" Man-Portable Air-Defense System (MANPADS) launch units and 2,500 9M336 surface-to-air missiles over three years, the Financial Times reported.
A woman has been arrested in connection to a suspected terrorist attack that killed a police officer and injured 25 others in the Western city of Lviv in the early hours of Sunday morning, Ukrainian authorities said.
Key developments on Feb. 21-22: * Ukraine hits Russian planes, ships in Crimea, artillery in major strikes on occupied territories * Ukraine confirms Flamingo strike on key Russian ballistic missile factory * Russia hits American sweets factory with missile in northeastern Ukraine * Explosions rock Ukraine's capital and outskirts as Russia launches mass missile attack, killing 1, injuring 17 * Woman arrested after suspected terrorist attack kills police officer, injures 25 in western Ukrai
Several rounds of explosions were reported in Kyiv overnight on Feb. 22, leaving a mother and her child injured as Russia launched ballistic missiles at Ukraine.
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.
The Votkinsk Plant is a strategic, state-owned defense enterprise and one of the most important missile factories in Russia. It produces Iskander ballistic missiles — used in attacks against Ukraine — and nuclear-armed intercontinental ballistic missiles.
