Business

Find your perfect present from Ukraine with our holiday gift guide

To the guide
'It’s a second front line' — The Ukrainian power plant workers battling to make repairs under Russian attacks
Business

'It’s a second front line' — The Ukrainian power plant workers battling to make repairs under Russian attacks

by Dominic Culverwell

"It’s an interesting feeling during an air attack. Danger, danger, and again danger," says Yurii, a Ukrainian energy worker, from the control center of a war-scarred thermal power plant. Yurii works for DTEK, Ukraine’s largest private energy firm, as a shift supervisor of the turbine boiler department. His last name, like the name of the plant and its location, cannot be disclosed for security reasons. The company has suffered six mass Russian attacks since October, including on the thermal po

News Feed

Russia's Central Bank seeks $229 billion in damages from Euroclear

Russia's central bank has filed a lawsuit seeking 18.2 trillion rubles ($229 billion) in damages from Euroclear, escalating Moscow's dispute with the Belgium-based securities depository as the EU considers how to use frozen Russian assets to support Ukraine.

European leaders present 6-point security, recovery plan for Ukraine

In a joint statement issued Dec. 15, European leaders outlined a six-point security and recovery framework for Ukraine, committing to long-term military support, a European-led and U.S.-supported multinational force operating inside Ukraine, and legally binding measures to respond to any future attack.

‘No need to hold referendums’ — Amid US pressure, Ukrainians reject territorial concessions

As U.S. pressure on Kyiv grows, Ukrainians oppose Russian demands. If concessions are put up for a vote, those who spoke with the Kyiv Independent said they would flat out deny the terms. Last week, President Volodymyr Zelensky said that any territorial concessions to end Russia's all-out war, mentioned in a U.S.-backed peace plan, should be decided by the Ukrainian people, including through a referendum. This idea had been floated before. But like elections, holding a referendum is prohibited

Few politicians are interested in Anti-Corruption Court's effective work, court's head says

Few decision makers are interested in making the High Anti-Corruption Court actually work, Vira Mykhailenko, the court's head, said in an interview with the Kyiv Independent. Set up in 2019 as part of a Western-backed reform, the court was designed to rule on cases brought by the National Anti-Corruption Bureau (NABU) and the Specialized Anti-Corruption Prosecutor's Office (SAPO). The three institutions were created from scratch to fight top-level corruption instead of traditional courts and l

Vira Mykhailenko, head of Ukraine’s Supreme Anti-Corruption Court in Kyiv, Ukraine, on Oct. 31, 2025.

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.

News Feed