
'Clearing up the mess' — Ukraine's oil and gas giant gets new supervisory board
The new board comes amid a renewed push to reform Ukraine’s state-owned enterprises, which dominate the energy, banking, and infrastructure sectors.

The new board comes amid a renewed push to reform Ukraine’s state-owned enterprises, which dominate the energy, banking, and infrastructure sectors.
Hungary has taken seven employees of a state-owned Ukrainian bank "hostage" while they were transiting the country on March 5 as part of their duties, Ukraine's Foreign Minister Andrii Sybiha said, demanding their immediate release.

Since Dmytro Volynets studied mechanical engineering at university over a decade ago, he's worked in retail, call centers, and on a warehouse floor. Unable to join the army due to a spine injury, the 35-year-old has struggled to find a coherent career path related to his studies — even as several industries offering high paying jobs face labour shortages. In large part because of Russia's full-scale invasion, Volynets' story is typical right now in Ukraine — despite possessing some of the high

The long-range drones hit the production workshops of the Yevpatoria Aircraft Repair Plant, located in western Crimea, as well as two Pantsir-S2 systems near a Russian military airfield in Dzhankoi, which sits in the peninsula's northeast, according to the SBU source.

Ukrenergo told the Kyiv Independent that Ukraine resumed electricity exports on March 5 for the first time since November 2025.

Russian forces launched 141 different types of drones against Ukraine overnight.

The number includes 950 casualties that Russian forces suffered over the past day.

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.
The Trump administration's move to launch a large-scale strike operation in Iran has seen state-on-state war return to the Middle East with a vengeance. Hours after the first U.S. and Israeli strikes began hitting the country on Feb. 28, Tehran — despite its leadership being decapitated on the first day of the fighting — retaliated with large-scale missile and drone attacks across the region, with a focus on U.S. military bases and embassies. On top of its arsenal of ballistic missiles, Iran's