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Technicians work at the Zaporizhstal Iron and Steel Works in Zaporizhzhia, Ukraine, on Feb. 12, 2024.
Business

New study warns Ukraine must break up old business order to thrive post-war

by Luca Léry Moffat

Ukraine’s business climate experienced a persistent slide between 2008 and 2019, characterized by a slowdown in new entrepreneurial activity, reduced competition, and increased dominance by large, inefficient companies, according to a new study. To reverse course and capitalize on its emerging tech ecosystem and future reconstruction efforts, Ukraine must dismantle the influence of sluggish state-owned enterprises and politically favored large firms, say economists at the World Bank and the Uni

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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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