Help rescue animals from the front line — shop our Companion Collection 🐾

Shop Now

Business news

Created in collaboration between Kyiv Independent and KPMG Ukraine Gateway
An investor’s guide to
UKRAINE
Learn more
A man walks past a closed bar at the Bessarabskyi  Market in Kyiv, Ukraine on Oct. 6, 2026.
Business

Food court flop? Kyiv’s historic market empties after million-dollar makeover

by Alessandra Hay

Bessarabskyi Market has stood in Kyiv for 114 years. Its upscale makeover lasted less than one. Less than a year after the late-2025 reopening, most of the restaurants are gone, and the hall is quieter than before the renovation. Before the makeover, Bessarabskyi was a labyrinth of produce stalls, offering everything from churchkhela — a sweet from the Caucasus — and watermelons from southern Ukraine to pigs' feet and sauerkraut craft beer. But by the end of 2025, the maze of vendors had shru

News Feed

Explainer: What top Zelensky staffer's bail saga tells us about Ukraine's justice system

The release from custody of Iryna Mudra, a former deputy head of the President’s Office, last week followed an unusual development. While Ukrainians had been previously accustomed to corruption suspects easily escaping justice, now the trend was the opposite. Mudra had the money to pay the bail but banks refused to process payments for posting it, fearing that they could be accused of taking part in money laundering. Furthermore, decreasing political protection for corruption suspects may moti

US threatens to cut intel sharing, arms shipments to Ukraine to protect Russian oil refineries, sources confirm

The Kyiv Independent has learned that the Trump administration threatened senior Ukrainian military and government officials in a push to protect Russian oil refineries. Two Ukrainian officials said their U.S. counterparts had made clear that Washington would hold Kyiv responsible if Russian energy infrastructure were struck during the recently announced ceasefire. "They called all the top military officials with threats," one Ukrainian official told the Kyiv Independent. "They're telling ever

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.

News Feed