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Ukraine Business Roundup — On corruption in Ukraine

by Liliane BivingsMay 6, 2026

Editor's note: The following is the May 6, 2026 edition of our Ukraine Business Roundup weekly newsletter. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. You wouldn't know it from Western media outlets — but the corruption scandal that prompted Ukraine's first wartime protests last summer continues to unfold. Last week, Ukraine’s leading outlet Ukrainska Pravda (meaning "Ukrainian Truth") published two videos presenting leaked transcripts of w

Ukraine is already running out of time to prepare Kyiv for winter, officials warn

by Dominic CulverwellMay 8, 2026

Top bank official suspended over Ukraine's biggest corruption scandal

by Oleg SukhovMay 6, 2026

KI Insights and Tech Force in UA release updated edition of Ukrainian defense tech catalog

by KI InsightsMay 6, 2026

Poland's PZU acquires Ukraine's top insurance company

by Dominic CulverwellMay 4, 2026

Exclusive: Ukraine’s Finance Ministry quietly working to convince MPs to vote for unpopular tax change

by Luca Léry MoffatMay 1, 2026

Kyiv to buy 8,000 Octopus interceptor drones for Ukrainian military

by Abbey FenbertApril 30, 2026

Ukraine's central bank slashes growth outlook amid Iran fallout

by Luca Léry MoffatApril 30, 2026

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Monday, May 11

09:42 AM

German defense minister visits Kyiv to discuss joint arms production

"The focus is on the joint development of state-of-the-art unmanned systems across all ranges, particularly in the area of deep strike," German Defense Minister Boris Pistorius told DPA.

09:22 AM

General Staff: Russia has lost 1,342,030 troops in Ukraine since Feb. 24, 2022

The number includes 920 casualties that Russian forces suffered over the past day.

07:52 AM

Wanted former Polish minister flees Hungary as Magyar takes power

Wanted former Polish Justice Minister Zbigniew Ziobro fled Hungary after newly sworn-in Prime Minister Peter Magyar said he would extradite him, Ziobro told Polish outlet TV Republika on May 10.

Monday, May 11

02:42 AM

Ukraine to 'respond in kind' if Russia refrains from mass aerial attacks, Zelensky says

"As for our long-range sanctions, yesterday and today, Ukraine refrained from long-range actions in response to the absence of massive Russian attacks. Going forward, we will respond in kind," President Volodymyr Zelensky said.

05:57 PM

Analysis: Is Ukraine starting to win the war again?

Who is winning? Since the launch of Russia's full-scale invasion of Ukraine, the information space around the war has been obsessed with this deceptively simple question, and the constant new iterations of answers to it. In the hands of those fighting the narrative war, from officials on both sides, online cheerleaders, armchair generals, and a certain world leader who likes to talk about who has the cards, the answers differ radically, but all are delivered with consistent venom, emotion, and

Ukrainian recruits at a training center in an undisclosed location in Ukraine on March 27, 2026.

09:46 PM

Latvian defense minister resigns after drones violate country's airspace

Prime Minister Evika Silina requested the resignation of Defense Minister Andris Spruds, saying he had lost her trust and "that of the public."

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.

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Artist Zhanna Kadyrova (R) and curator Leonid Marushchak pose with the "Origami Deer" sculpture in Prague on March 12, 2026.

Business news

Ukraine Business Roundup — On corruption in Ukraine

Ukraine is already running out of time to prepare Kyiv for winter, officials warn

Top bank official suspended over Ukraine's biggest corruption scandal

KI Insights and Tech Force in UA release updated edition of Ukrainian defense tech catalog

Poland's PZU acquires Ukraine's top insurance company

Exclusive: Ukraine’s Finance Ministry quietly working to convince MPs to vote for unpopular tax change

Kyiv to buy 8,000 Octopus interceptor drones for Ukrainian military

Ukraine's central bank slashes growth outlook amid Iran fallout

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Ukraine parliament inches through reforms as funding deadlines loom

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First Ukrainian stocks added to London-listed fund for reconstruction

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EU carbon rules could deal heavy blow to Ukraine’s struggling steel sector, report warns

Ukraine’s postal giant reports booming profits despite war risks

Ukraine busts crime ring that laundered $13 million in defense sector, authorities say

Reporter’s notebook: Inside Ukraine’s nuclear plants at war

NewsLetters

News Feed

German defense minister visits Kyiv to discuss joint arms production

General Staff: Russia has lost 1,342,030 troops in Ukraine since Feb. 24, 2022

Wanted former Polish minister flees Hungary as Magyar takes power

Ukraine to 'respond in kind' if Russia refrains from mass aerial attacks, Zelensky says

Analysis: Is Ukraine starting to win the war again?

Latvian defense minister resigns after drones violate country's airspace

About Business

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Ukraine war latest: Dozens of Ukrainian drones reportedly target Moscow ahead of Victory Day parade

Why Russia can’t protect its oil refineries from Ukrainian strikes

Russian independent media publish new estimate of Russia's losses in Ukraine

Zelensky 'allows' Putin to hold Victory Day parade as Trump declares 3-day Ukraine, Russia ceasefire

Zelensky's parade permit for Putin is way better than a drone attack

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When security guarantees fail: Ukraine's message at the Venice Biennale

A subtle drop in Putin's ratings carries an unusual signal

The corruption scandal Volodymyr Zelensky won't confront

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