On Nov. 11, 2021, a group of young journalists in Ukraine fired for defending their editorial independence decided to launch a new publication that would stand by those principles. This new publication, without a name at its start, would later become known as the Kyiv Independent. Three years in, the
Almost three years after Russia launched its full-scale invasion of Ukraine, the West’s financial sanctions have finally started to bite, triggering fierce infighting within the Kremlin over control of Russia’s central bank. Russia’s business community has remained largely silent over the past two years, even as Western
Editor's note: This article is an on-site version of KI Insights' The Week Ahead newsletter. Sign up here to start your week with an agenda of Ukraine-related events, delivered directly to your inbox every Sunday. ReBuild Ukraine gathers in Warsaw on Nov. 13-14 to discuss infrastructure, housing, energy, and other
The blackouts began as the Air Force issued a nationwide aerial alert after Russia launched MiG-31K jets, which are capable of carrying Kinzhal ballistic missiles.
The memorandum of understanding will establish over 100 industrial parks across Ukraine, impacting the lives of 2.5 million citizens, and helping create “hyper-modern” cities.
"We still get a whole lot of LNG via Russia, from Russia," she said in a phone call with U.S. President-elect Donald Trump. "And why not replace it with American LNG, which is cheaper, and brings down our energy prices?"
The International Chamber of Commerce (ICC), will lower the costs of its arbitration court for foreign investors involved in Ukraine's reconstruction projects to encourage much-needed investment.
Metro Awakening, the fourth video game in the popular post-apocalyptic survival franchise set in Russia’s underground subway, was released on Nov. 7 by the virtual reality (VR) company Vertigo Games.
No deal is currently on the table between Europe and Azerbaijan to keep gas flowing through Ukraine once a transit deal with Russia expires at the end of the year, despite reports a contract was nearing, CEO of Ukrainian state-owned oil and gas giant Naftogaz said.
President Volodymyr Zelensky insists that Boryspil International Airport be opened first.
The following is the Nov. 6, 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 is launching a 5G pilot project in three cities over the course of the next two years
Editor’s Note: This is issue 153 (special issue) of Ukrainian State-Owned Enterprises Weekly. The Kyiv Independent is reposting it with permission. Ukrzaliznytsia’s corporate governance failures In this special issue, Oleksandr Lysenko and Andriy Boytsun highlight several events illustrating failures in the corporate governance of Ukrzaliznytsia. These relate to
Editor’s note: This is issue 80 of Ukrainian lawmaker Yaroslav Zhelezniak’s weekly “Ukrainian Economy in Brief” newsletter, covering events from Oct. 28- Nov. 3, 2024. The digest highlights steps taken in the Ukrainian parliament related to business, economics, and international financial programs. The Kyiv Independent is republishing with
Chinese state-owned company Sinosure that insures export supplies against the risk of non-payment has begun to refuse to cooperate with Russian entrepreneurs, Russian newspaper Vedomosti reported on Nov. 5, citing four unnamed sources from importing companies.
According to EXPRO’s calculations, gross natural gas production rose by 2.3% in October 2024 compared to the same month last year, reaching 1.663 billion cubic meters, the highest level since January 2022.
The United Kingdom has been unable to retrieve its weapons from floating armories offering weapons and accommodation for guards defending Russian oil tankers, Bloomberg reported on Nov. 5.
The European Union’s anti-fraud agency opened an investigation into the possible exporting of rebranded Russian oil via Turkey into the EU, Politico reported on Nov. 5, citing two undisclosed sources.
Ukraine has signed agreements with the World Bank totaling nearly $600 million under the "Resilient, Inclusive and Sustainable Enterprise" (RISE) project, Prime Minister Denys Shmyhal announced on Nov. 4.
"This cooperation will strengthen the Ukrainian defense industry and the protection of critical infrastructure from enemy drones," Strategic Industries Minister Herman Smetanin said.
"This is one of the key steps towards the full launch of 5G in Ukraine, which we plan to complete by 2030," Digital Transformation Minister Mykhailo Fedorov said on Nov. 1.
"We regularly discuss the topic with our partners, but the information about the upcoming conclusion of a gas supply contract with the participation of SPP is not true," Slovakian state-run gas importer SPP said.
Two men were recently arrested in Moscow after allegedly trying to steal 25 packets of butter.
The Ukrainian government doesn't plan to stop supporting the telethon, Ukraine's state-run pool of TV channels created during wartime, before the end of the martial law, Interfax Ukraine reported on Oct. 31, citing Culture Minister Mykola Tochytskyi.
“The priority of next year's budget will also be security and defense. All taxes paid by people and businesses will go toward strengthening our defenders and military capabilities,” Prime Minister Denys Smyhal said on his Telegram channel.
The decision was in line with analysts’ predictions, and comes as Ukraine braces for next week’s U.S. presidential election, Bloomberg reported.
The following is the Oct. 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. Companies in Ukraine that were expecting to be able to “reserve” their employees to shield them from military
Editor’s Note: This is issue 152 of Ukrainian State-Owned Enterprises Weekly, covering events from Oct. 13-24, 2024. The Kyiv Independent is reposting it with permission. Corporate governance of SOEs Updated IMF Memorandum. On Oct. 18, the International Monetary Fund (IMF) published an updated Memorandum of Economic and Financial Policies
The New York-based global entrepreneur network Endeavor has opened its first office in Ukraine, signaling confidence in the country’s business potential.
Written in full $2.5 decillion is $2,500,000,000,000,000,000,000,000,000,000,000,000.
Tankers bearing sanctioned Russian liquefied natural gas (LNG) have clustered off Russia's eastern coast following suspension of operations at the Arctic LNG 2 plant, indicating that Moscow is unable to find buyers for its product amid sanctions.
Deputy Communities and Territories Development Minister Serhii Derkach introduced a step-by-step plan for a partial reopening of Ukraine's airspace at a conference in Warsaw.
The Russian banking giant offers interest rates as low as 2%, according to Interfax, and plans to expand its offer to Kherson and Zaporizhzhia oblasts as soon as "housing constructions" start there.
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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