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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

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EU votes through largest ever Russia sanctions list

"This is the single largest expansion of our sanctions list since Russia started its war," chief EU diplomat Kaja Kallas said, adding that more than half of the roughly 1600 listings "are connected to the production chain for ballistic missiles."

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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