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Ukraine’s defense tech partnerships surge, but many deals stall, new report finds

by Dominic CulverwellSeptember 22, 2026

International joint ventures in Ukraine's defense tech sector are on the rise, with at least 180 partnerships in manufacturing, R&D, and maintenance confirmed by a new report from the Kyiv School of Economics Institute. But export restrictions and fragmented procedures are slowing some deals. A third of those partnerships were signed in the past 12 months as Ukraine's defense tech sector has matured and consolidated. German companies lead the group with 36 partnerships, followed by Denmark with

Ukraine's energy giant wants to build oil storage sites in Hungary, Magyar refuses

by Martin FornusekSeptember 21, 2026

A technician launches a Ukrainian Raybird (ACS-3) UAV from a catapult.

US Army awards $10.6 million contract for Ukrainian Raybird drones

by Tamara NowakowskySeptember 19, 2026

burning auto parts warehouse following an air attack in Kyiv, Ukraine, on Sept. 2, 2026.

As Russia targets Ukraine’s economy, keeping businesses alive takes priority

by Dominic CulverwellSeptember 18, 2026

Putin confiscates Nestle, Auchan assets in Russia

by Volodymyr IvanyshynSeptember 18, 2026

US makes major wartime bet on Ukraine’s largest private energy company with 85 million euro investment

by Dominic CulverwellSeptember 16, 2026

As Russia attacks Ukraine’s grid, solar offers a path to resilience

by Anna ConklingSeptember 16, 2026

Ukraine's drone strikes force 3 of Russia's largest diesel refineries to halt or slash output, Reuters reports

by Tamara NowakowskySeptember 16, 2026

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Wednesday, September 23

08:02 AM

Russian drone attack hits Kyiv gas stations, warehouses, officials say

The attacks came on the same day that Ukraine President Volodymyr Zelensky warned Kyiv of the potential for a new large-scale strike by Russia, referencing intelligence reports.

A Ukrainian Mobile Fire Group operates their weapon.

06:34 AM

Rubio to meet Lavrov in New York on Sept. 23

Lavrov has arrived in New York to take part in the U.N. General Assembly, Russian state media reported. Rubio and Lavrov have met several times over the past year as the Trump administration has sought to broker an end to Russia’s full-scale war against Ukraine.

05:58 PM

EU officially extends sanctions against Russia — at cost of delisting 2 oligarchs in Putin's inner circle

"This was not a choice between a good and a bad solution, but between a bad and a much worse one," Latvia's Prime Minister Andris Kulbergs said after the EU reached its controversial compromise on Sept. 22

01:26 AM

Russia planning to hit Ukraine with 'massive attack,' Zelensky warns

"We currently have intelligence information indicating that Russia is preparing a new massive attack against Ukraine," the president said following a meeting on security and air defense with U.K. Prime Minister Andy Burnham.

Tuesday, September 22

09:02 PM

Ukraine 'ready for energy ceasefire,' Zelensky says after meeting Trump at UN

"We are ready for any kind of format of energy ceasefire. ... I don't know the Russian position," Zelensky said after meeting directly with Trump at the U.N.

09:36 PM

How Russia used parliamentary elections to legitimize occupation of Ukrainian territories

As Russia held its parliamentary elections from Sept. 18 to 20, it also organized, for the first time, the vote in Ukrainian territories that Russia illegally claims as its own. Ukraine and the European Union have rejected the vote as illegal. The purpose of holding the sham election in occupied territories goes far beyond choosing Russian lawmakers. Russia uses the elections in Ukrainian territories under military occupation to project the image that residents accept Russian rule and are inte

A woman casts her ballot at a polling station in Donetsk, Russian occupied part of Ukraine, on September 20, 2026.

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.

March 2, 2026War has drained Ukraine’s workforce, but women and veterans are stepping in to fill the void

February 11, 2026What Ukraine's ballooning debt means for its economy, and future

February 10, 2026Ukraine moves its power grid underground to shield it from Russian attacks

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Russia's rigged election gives Putin a mandate for all-out war

Business news

Ukraine’s defense tech partnerships surge, but many deals stall, new report finds

Ukraine's energy giant wants to build oil storage sites in Hungary, Magyar refuses

US Army awards $10.6 million contract for Ukrainian Raybird drones

As Russia targets Ukraine’s economy, keeping businesses alive takes priority

Putin confiscates Nestle, Auchan assets in Russia

US makes major wartime bet on Ukraine’s largest private energy company with 85 million euro investment

As Russia attacks Ukraine’s grid, solar offers a path to resilience

Ukraine's drone strikes force 3 of Russia's largest diesel refineries to halt or slash output, Reuters reports

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Russian strikes hit 2 major Ukrainian steel plants, killing 2 and injuring 6

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Ex-Ukrainian PM Yulia Svyrydenko to head KSE Business School

NewsLetters

News Feed

Russian drone attack hits Kyiv gas stations, warehouses, officials say

Rubio to meet Lavrov in New York on Sept. 23

EU officially extends sanctions against Russia — at cost of delisting 2 oligarchs in Putin's inner circle

Russia planning to hit Ukraine with 'massive attack,' Zelensky warns

Ukraine 'ready for energy ceasefire,' Zelensky says after meeting Trump at UN

How Russia used parliamentary elections to legitimize occupation of Ukrainian territories

About Business

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