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Tomas Fiala, CEO and founder of Dragon Capital, at the company's office in Kyiv, Ukraine on June 15, 2026.
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What 30 years in Ukraine taught one of its biggest investors

by Liliane Bivings

As the Ukrainian business community prepares for its biggest annual event — the Ukraine Recovery Conference, this year taking place in Gdansk — foreign investment in the country is once again set to be a central topic. Russia’s full-scale invasion has brought unprecedented attention to Ukraine, not only because of the war, but also as the West, particularly Europe, has come to better understand the country and the role it can play in its economy. That attention, however, has not translated int

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Estonia receives first medium-range air defense system

The newly acquired IRIS-T SLM system will allow Estonia to engage aerial threats at greater distances and higher altitudes than its existing short-range air defense systems, according to the Estonian Defense Forces.

Ukraine war latest: Russian missile parts factory in flames as tensions over Belarus escalate

Key developments on June 22: * Smoke rises above Voronezh as Ukraine strikes key Russian missile parts factory * Russia attacks foreign cargo ships in Black Sea, killing Egyptian sailor * Russian attack damages production facility of Ukrainian FPV giant * Drone carrying explosives found in Estonia after Ukrainian strike on Russia * Belarusian opposition warns Ukraine of plans for Minsk to enter war * Children's camps in Crimea suspended amid Ukrainian strikes on Russian logistics * 10 ki

Children are the bellwethers of Ukraine's post-war recovery

Later this week, the Ukraine Recovery Conference, convening in Gdansk, Poland, is expected to host more than 5,000 attendees, including European heads of state, Ukrainian government leaders, ministerial representatives, non-governmental organizations, industry leaders, and subject matter experts. They will collectively commit to supporting the rebuilding and recovery of Ukraine after a brutal war initiated by Russia's indefensible invasion in February 2022. While the complexities of reconstruc

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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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Key developments on June 19: * Kyiv targets Moscow for second day in a row following record drone assault; * Moscow Oil Refinery halts operations after largest-ever drone attack on Russian capital, General Staff says; * US senators propose using frozen Russian assets to support Ukraine's military; * Australia announces $70 million in arms funding for Ukraine through PURL initiative; * Western allies pledge $4 billion in military aid for Ukraine at Ramstein summit. Moscow came under attack

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