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Ukraine wants foreign investors to buy its state assets. So far, they’re not biting
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Ukraine wants foreign investors to buy its state assets. So far, they’re not biting

by Dominic Culverwell

Subscribe to the Newsletter Ukraine Business Roundup Subscribe Ukraine's government wants to sell thousands of state-owned assets that are overwhelmingly unprofitable, inefficient, or nonoperational — sometimes all three. But it's facing a problem. Low prices aren’t enough to attract the foreign investors Ukraine wants most, particularly those from Europe. As Ukraine positions itself as an investment opportunity rather than a charity case to foreign partners, the country's State P

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General Staff: Russia has lost 1,464,440troops in Ukraine since Feb. 24, 2022

Russia has lost around 1,464,440 troops in Ukraine since the beginning of its full-scale invasion on Feb. 24, 2022, the General Staff of the Armed Forces of Ukraine reported on Aug. 14. The figure includes 1,470 casualties Russian forces suffered over the past day. According to the report, Russia has also lost 12,264 tanks, 25,141 armored combat vehicles, 133,853 vehicles and fuel tanks, 47,870 artillery systems, 2,024 multiple launch rocket systems, 1,562 air defense systems, 439 aircraft, 35

Ukraine war latest: Zelensky makes fresh plea for Patriots as Air Force stops publishing missile numbers

Key developments on Aug. 13: * Ukraine could 'destroy all the Russians’ ballistic missiles' if US sells 10% of Patriot missile supply to Kyiv, Zelensky says * Ukraine repatriates 261 bodies that Russia claims belong to Ukrainian soldiers * Ukraine's Air Force faces backlash over decision to stop publishing Russian ballistic missile figures * Scandal-hit Skelia assault regiment to fight under Azov command as Drapatyi's reforms gain momentum * Head of Mykolaiv draft office arrested on corrup

Trump imposes steep tariffs on drone imports

Trump's latest round of tariffs comes a few weeks after President Volodymyr Zelensky announced that he and Trump had reached an agreement on the sale of Ukrainian drones to the U.S.

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.

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Smoke billowing over the Black Sea is now an everyday sight in Odesa Oblast as Russia continues to strike ports and vessels in Ukrainian waters. But it’s on land that the impact of Russia’s campaign is most keenly felt, with Ukraine facing an economic crisis unless the country finds a solution soon. The biggest victims are Ukraine’s agricultural and steel firms — both key economic drivers — which are cut off from crucial trading routes via the Black Sea. Ukraine could lose 1%-1.5% of its gross

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