Business
Poland's PZU acquires Ukraine's top insurance company
MetLife Ukraine makes up 50% of the Ukrainian market, earning nearly Hr 1 billion ($22.6 million) in profits last year from its 900,000 clients.
Business news
Created in collaboration between Kyiv Independent and KPMG Ukraine Gateway
An investor’s guide to
UKRAINE
More from Business
News Feed
Wednesday, May 6
Zelensky denounces 'Russian scumbags' following deadly strikes on Ukrainian cities ahead of planned ceasefire
"This was an absolutely cynical terrorist strike, with no military justification whatsoever. Not a single day passes without such Russian attacks on our cities and villages," President Volodymyr Zelensky said.
Wednesday, May 6
Russia cuts mobile internet ahead of Victory Day parade
Russia cut off mobile internet services in Moscow and St. Petersburg on May 5, days ahead of the country's annual Victory Day parade, citing security concerns.
US State Department approves $373.6 million weapons sale to Ukraine
The U.S. State Department approved a potential sale of extended-range Joint Direct Attack Munition (JDAM) systems and related equipment to Ukraine, the agency announced May 5.
Ukraine's point man with Trump tested as corruption probe intensifies
Newly released recordings linked to Ukraine's biggest corruption scandal have put Rustem Umerov, secretary of the National Security and Defense Council, back into the spotlight, prompting renewed scrutiny over his role in U.S.-brokered peace negotiations. The developments come at a particularly sensitive moment. Umerov, a former defense minister, has not been formally charged but is allegedly under investigation. He is reportedly mentioned in the most recent set of leaked recordings, tying him
Ukraine war latest: Russia's Kirishi oil refinery stops production after drone strikes
Key developments on May 5: * Russia's Kirishi oil refinery stops production after drone strikes * European Commission opens call for proposals to join EU-Ukraine Drone Alliance * Russian fiber-optic FPV drones reach Kramatorsk, Ukraine's Donbas stronghold * EU votes in support of Nuremberg-style tribunal for Russia. Ukrainian Flamingo missiles struck a Russian military production facility in Cheboksary overnight on May 5, President Volodymyr Zelensky said, as part of a large-scale missile
17 dead after Russia carries out deadly evening strikes on Kramatorsk, Zaporizhzhia in Ukraine's east
Russia launched attacks on Kramatorsk in Donetsk Oblast and Zaporizhzhia in Zaporizhzhia Oblast on May 5, killing at least 17 people and injuring 52 others, local authorities said.
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.
Most Popular
1.
The attack appears to mark one of the deepest strikes into central Moscow's residential core, having occurred approximately seven kilometers west of the city's central Red Square and three kilometers from the Russian Defense Ministry building.
Editors' Picks
With Orban out, Slovakia's Fico shifts tone on Ukraine
Explainer: Is Zelensky implicated in Ukraine's largest corruption scandal, and what do the new tapes reveal?
Exclusive: Here's why Trump's envoys aren't going to Ukraine
