Business

An employee counts trays of bread at the bread factory near Kyiv, Ukraine, on May 25, 2022.
Business

Reporter's notebook: What a factory says about Ukraine’s economy

by Luca Léry Moffat

The western part of war-torn Ukraine lies in the space between normalcy and reality. More tourists, more construction, more skiing. Fewer air raids, fewer blackouts, fewer speeding khaki pickup trucks. But no part of the country is immune to the effects of war. A local library hangs photographs of young men and women killed in action. Graveyards fly blue and yellow. Brigades advertise jobs on large billboards lining the highway. Driving past a small, unremarkable two-story building, my guide

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With slow progress on battlefield, Russia shifts to terror and sabotage in Ukraine

Over the course of 48 hours last week, three explosions targeting Ukrainian police officers in different cities raised the prospect of a chilling new front in Russia’s campaign of terror against civilians. On Feb. 22, two explosions hit the western city of Lviv near the Polish border after police responded to a call, killing a 23-year-old police officer and injuring 25 people. The next evening, an explosion occurred inside a police station in Dnipro, damaging the building. Later that same night

A Ukrainian police officer secures the area at the site of an explosion that struck Lviv, Ukraine, on Feb. 22, 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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