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'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.
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Sunday, March 8
General Staff: Russia has lost 1,273,290 troops in Ukraine since Feb. 24, 2022
Russia has lost around 1,273,290 troops in Ukraine since the beginning of its full-scale invasion on Feb. 24, 2022, the General Staff of the Armed Forces of Ukraine reported on March 7. The number includes 930 casualties that Russian forces suffered over the past day. According to the report, Russia has also lost 11,742 tanks, 24,157 armored combat vehicles, 82,101 vehicles and fuel tanks, 38,059 artillery systems, 1,673 multiple launch rocket systems, 1,322 air defense systems, 435 aircraft,
Ukrainian drones attack oil depot in Krasnodar Krai, Russia claims
Russia's Defense Ministry claimed that it had shot down four Ukrainian drones over Krasnodar Krai overnight.
Kyiv reports zero deaths from cold during energy crisis — but there's a catch
Zero deaths linked to winter power or heating outages have been officially recorded in Kyiv, city authorities have said, despite months of severe cold caused by repeated Russian strikes on Ukraine's energy infrastructure. As Ukraine emerges from winter, President Volodymyr Zelensky said on March 1 that Russia launched more than 14,600 guided aerial bombs, 738 missiles, and nearly 19,000 attack drones over the three winter months. "But despite everything, Ukrainians made it through this difficu
Ukraine's Oschadbank seeks return of vehicles, valuables seized in Hungary
Ukraine’s state-owned Oschadbank said on March 7 that it will pursue legal action to recover bank property still held in Hungary after the recent detention of its employees and armored vehicles.
US supplying Ukraine-tested anti-drone systems to Middle East partners, WSJ reports
The U.S. is supplying Ukraine-tested anti-drone systems to partners in the Middle East, The Wall Street Journal reported on March 7, highlighting growing international demand for Kyiv’s battlefield-proven technology capable of countering Iranian drone attacks.
Saturday, March 7
Zelensky points to Russia-Iran coordination in Middle East drone strikes
President Volodymyr Zelensky said on March 7 that Russian components have been identified in Iranian-made drones used in attacks against the United States and countries in the Middle East, pointing to broader cooperation between Moscow and Tehran.
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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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President Volodymyr Zelensky reiterated that Ukraine is ready to provide drone interceptors in exchange for missiles, though he did not specify which countries could be involved.
