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Ukraine wants foreign investors to buy its state assets. So far, they’re not biting
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Ukraine wants foreign investors to buy its state assets. So far, they’re not biting

by Dominic Culverwell

Subscribe to the Newsletter Ukraine Business Roundup Subscribe Ukraine's government wants to sell thousands of state-owned assets that are overwhelmingly unprofitable, inefficient, or nonoperational — sometimes all three. But it's facing a problem. Low prices aren’t enough to attract the foreign investors Ukraine wants most, particularly those from Europe. As Ukraine positions itself as an investment opportunity rather than a charity case to foreign partners, the country's State P

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Explosion reportedly kills man in Russian-occupied Crimean city of Sevastopol

A man has been killed by an explosive device in the Russian-occupied city of Sevastopol, Crimea, the independent Russian Telegram channel Astra reported on Aug. 13. The pro-Kremlin Mash Telegram channel reported the device had been placed in a trash can and killed the man instantly. Unconfirmed reports suggest the man was Robert Shageev, a former Ukrainian Navy officer who defected to Russia after the illegal annexation of Crimea in 2014. Ukraine has not commented on the incident. Explosions

Train crew killed as Russian attacks kill at least 8, injure 50 across Ukraine over past day

Russian attacks killed at least eight people and injured 50 others across Ukraine over the past day, local authorities said on Aug. 13. In Odesa Oblast, a Russian jet-powered attack drone hit a passenger train, killing the driver and his assistant, Ukrainian Railways CEO Oleksandr Pertsovskyi said in a post on Facebook. Pertsovsky said the train was entering a station so passengers could be evacuated after a drone threat was detected. "The locomotive crew did not have enough time to completel

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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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