Business

An employee counts trays of bread at the bread factory near Kyiv, Ukraine, on May 25, 2022.
Business

Reporter's notebook: What a factory says about Ukraine’s economy

by Luca Léry Moffat

The western part of war-torn Ukraine lies in the space between normalcy and reality. More tourists, more construction, more skiing. Fewer air raids, fewer blackouts, fewer speeding khaki pickup trucks. But no part of the country is immune to the effects of war. A local library hangs photographs of young men and women killed in action. Graveyards fly blue and yellow. Brigades advertise jobs on large billboards lining the highway. Driving past a small, unremarkable two-story building, my guide

News Feed

'I love Russia' — Inside the prison where Ukrainian collaborators wait for Moscow

Nelia Checheta served the state for decades — first with the Soviet military in Turkmenistan and later in Ukraine's Emergency Service — earning official honors along the way. At 62, her story continues not with commendations, but with a long prison sentence for collaboration. Checheta was convicted of passing information on Ukrainian troops and aircraft movements to an agent of Russia's Federal Security Service (FSB). She insisted the case was fabricated, but the evidence presented in court sug

Olena Chuieva in a women's penal colony in Southeastern Ukraine on Feb. 5, 2026.

Trump’s struggle to deliver peace | Ukraine This Week

In the latest episode of Ukraine This Week, the Kyiv Independent’s Anna Belokur examines why U.S.-led peace negotiations have so far failed to end Russia’s war, one year after the now-infamous Oval Office clash between Donald Trump and Volodymyr Zelensky.

The day Russia didn't show up for Iran

Russia's image as a reliable ally has suffered yet another blow as Supreme Leader Ayatollah Ali Khamenei was killed in joint U.S.–Israeli strikes across Iran on Feb. 28, marking a fresh outbreak of hostilities in the Middle East. So far, Moscow's response to the U.S.–Israeli bombardment of hundreds of targets in Iran has been limited to diplomatic support for Tehran, even as U.S. President Donald Trump has openly called for a change of regime. The latest development highlights Iran's junior ro

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