Maksym Krippa, who has splashed out on several landmark properties in central Kyiv during wartime, secured 100% ownership of Ukrainian development firm Graal LLC on March 7 via his investment fund ARS Capital, according to state registry records.
Explosions rang out at Russian airfields in an apparent Ukrainian attack on Russian military targets in the Black Sea region overnight on March 13, Russian Telegram channels reported.
The U.S. Treasury Department issued a temporary license on March 12 to allow countries to purchase Russian oil currently stranded at sea, in an effort to stabilize global energy prices as the war with Iran drives markets higher.
The International Criminal Court has launched an investigation into alleged crimes against humanity by Belarus after Lithuania referred the case, saying some elements of the alleged crimes occurred on its territory.
Hungary returned two seized armored vehicles to Ukraine's Oschadbank on March 12 but is withholding cash and gold worth about $82 million amid an ongoing dispute between Budapest and Kyiv.
Key developments on March 12: * 'Fuel tanks are burning' — Major Russian oil hub hit in Ukrainian drone strike in Krasnodar Krai, SBU source says * World’s largest oil producer Aramco in talks to buy Ukrainian interceptor drones, WSJ reports * Hungary's unrecognized Druzhba delegation arrives in Kyiv amid 'absurd' standoff * Ukraine, Romania sign strategic partnership declaration, set to co-produce drones Ukrainian forces struck infrastructure at the Tikhoretsk oil pumping station in Russi
The Kyiv Independent has launched a fundraiser to support the recovery of George Ivanchenko, a 25-year-old Ukrainian photojournalist who lost his leg in a targeted Russian drone attack while reporting on the front line.
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.
A Saudi Arabian arms company has signed a deal to buy Ukrainian-made interceptor missiles, the Kyiv Independent has learned, with one source within Ukraine's defense industry saying that Riyadh and Kyiv are negotiating a separate "huge deal" for arms that could be finalized this week. Iran’s recent air attacks across neighboring Gulf States amid the U.S. and Israel-led war against Tehran have kicked off a scramble for military equipment to combat ballistic missiles and Shahed attack drones. Wh
