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Natalia Denikeieva at the VivaTech conference in Paris, France, on June 18, 2026.
Business

Ukraine’s defense tech boom needs more than battlefield innovation, deputy minister says

by Jakub Laichter

Ukraine’s defense technology industry has moved fast to meet battlefield demands, but it rests on a fragile foundation as it depends on foreign suppliers for essential components. Natalia Denikeieva, a deputy minister of digital transformation, says producing more of those components at home is a question of survival. "We are not technological and innovative because one day we woke up and decided to be," she told the Kyiv Independent in an interview in central Kyiv. "For us, it’s a matter of s

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Tuesday, September 29

Ukraine war latest: Record Russian military budget for 2027 confirms no interest in ending war

Key developments on Sept. 29: * Russia to raise military spending by 27% in 2027, highest level in war so far, media reports * Russian military units allegedly involved in Oleshky humanitarian crisis identified * Putin restricts publication of Russian refinery, energy data amid Ukrainian strikes * Russian troops using civilians as 'human shields' to flee via Kupiansk pipeline, Khartiia Corps claims * Tu-95 aircraft crashed in Russia's Amur Oblast during training, killing 6 crew members, Mo

Reporter's Notebook: How constant drone attacks became a normal workday in Kyiv

Wednesday, Sept. 23, was supposed to be a normal office day for me, researching for an investigative story. But amid Russia's daily drone and missile barrages, the word "normal" has taken on a new meaning for Ukrainians. Since August, Russian attacks on Kyiv and other cities have intensified, enabled by faster, jet-powered versions of Shahed drones that are more difficult to intercept. Unlike the nightly drone and missile attacks Ukrainians had grown used to, these new attack waves stretch thr

People walk past a building damaged by a Russian drone strike in Kyiv, Ukraine, on Sept. 23, 2026.

After Nestle and Auchan seizures, Russia is coming for others

The recent Russian seizure of assets belonging to corporate giants Nestle and Auchan made headlines, all the more striking given the companies' years of loyalty to the Kremlin regime, including throughout Russia's full-scale invasion of Ukraine. This action seems shocking, but should not be surprising. Fascist imperial Russia has not seen and does not see Western companies as partners for mutual benefit, only as targets for weaponization, manipulation, and confiscation. One can only wonder wh

Putin walks walks through the Kremlin in Moscow, Russia, on Aug. 20, 2026.

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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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