Business news, entrepreneurship and startups in Kyiv region
The government admitted that the rules intended to protect agricultural exports have themselves become an obstacle to it. Reduced minimum prices are not a gift to farmers, but an attempt to save exports that are being strangled by attacks on the Black Sea.
Jesse raised the 2026 capital expenditure forecast to $220 billion and acknowledged that even this amount will not be enough to meet demand for AI computing power.
Ukraine struck Russia's oil infrastructure at least 30 times in July — Bloomberg recorded a drop in refining capacity to 3.6 million barrels per day.
At least seven people were injured when an attack occurred at a marketplace warehouse where 270 people were working.
The destroyed warehouse of Ukraine's largest children's publishing house is not just photos of a fire, but textbooks that schools will not receive before September 1st, and an industry that has lost a fifth of its inventory in a month.
A job search network added a complaint button for AI-generated content, but the real problem runs deeper — users themselves have been asking AI for years to write "convincing" posts for them.
# Russian Missile Destroys Logistics Center of Major Ukrainian Board Game Publisher A Russian missile has destroyed a logistics center where the entire inventory of Rozum, one of Ukraine's largest board game publishers, was stored.
One of Ukraine's largest road infrastructure companies became a target of a Russian attack.
# Lviv Outpaces Kyiv in New Construction Prices for the First Time Since War Began — But Surprisingly, Vinnytsia Shows the Largest Growth
General Motors acknowledged that a universal chatbot cannot fully control a vehicle. Therefore, the already integrated Gemini will be supplemented with proprietary AI that will have access to telemetry and OnStar.
A country that for years exported fuel throughout the post-Soviet space is now importing gasoline by tanker from Africa — and this is the best indicator of the effectiveness of Ukrainian drone strikes on refineries.
55 European national federations unanimously refused to play in FIFA tournaments until the federation president withdraws his plan to sell 20% of World Cup rights for $20 billion.
WR Group plans to attract depositors' funds into a fund for the construction of retail parks in the suburbs of Lviv. This is an attempt to find a new source of capital as bank financing for construction during the war remains limited.
A ton of cargo from Rotterdam has become more expensive, reaching 150 euros instead of the usual 20 — and this is even before BASF, Covestro, and Evonik started talking about a possible shortage of products.
# Both companies spend billions on artificial intelligence, but only one can show who exactly is paying for it and how much. The difference of 30 million Copilot subscribers versus Meta's 91% drop in cash flow — that's where the line of investor trust lies.
Russia's government has extended its embargo on gasoline and diesel exports until January 31, 2027 — following fresh strikes on oil refineries in Perm and Ryazan. This signals an acknowledgment that the fuel crisis is systemic rather than temporary.
Former Economics Minister to head economic direction in Presidential Office and coordinate development of Ukraine's recovery plan — for business this means another change of contact person in government within 12 months.
The European Commission is allocating 10 billion euros for computing capacity for startups and scientists — but the first results will not appear before 2028, when the technological advantage of the United States and China could become even greater.
Ukraine will have 52 million tons of grain and oilseed crops for export this year. If they are not exported, it could deal a severe blow to the economy.
Samsung's record profit of $60.9 billion is not just a figure in a report, but a signal: the memory chip shortage that feeds AI data centers will soon hit prices on ordinary consumer electronics.
Andriy Pavelko, who headed the Ukrainian Football Federation for nine years and fled abroad with a forged disability certificate, has been detained in Slovakia's capital. The Office of the Prosecutor General has initiated extradition proceedings.
Japan's Parliament has enshrined the concept of a backup capital in case of disaster in Tokyo—but the specific city is not mentioned in the law. Osaka has the best chances, as it negotiated this law as the price for its coalition support.
On July 24, Russia's central bank lowered its GDP growth forecast to 0–1% and recorded a budget deficit of 2% of GDP — the largest since the pandemic. Behind these figures lies a structural reckoning from four years of war.
The first of 17 new Tatra-Yug trams has completed technical testing in Kamyanske. Under the financing scheme, 80% of funds come from European sources and 20% from the city budget, but the city itself maintains the fleet, where most rides are free of charge.
In June, Uber cut a quarter of its HR team, followed by a 10% reduction in customer support in July. The company is replacing people with algorithms, but Gartner warns that half of companies taking similar steps will come to regret it.
The French parliament has passed the EU's strictest law on social media for minors — but the real test for Macron's initiative will begin on September 1, when platforms must verify the age of every user.
Fifth-generation network has appeared in the center of the capital, but without an auction on frequencies and permission from the General Staff, this is not a commercial launch, but a rehearsal.
The IMF memorandum stipulates commitments to raise prices for gas, heat, and electricity to cost-recovery levels. However, Ukraine has signed similar agreements twice before — and backed away both times.
The expansion of the Nitrochemie plant in Schaan-am-Inn to 4,200 tons of powder per year is not news about production, but rather an acknowledgment of where the ammunition supply chain for Ukraine is actually breaking down.
A potato processing plant, the first of its kind in Ukraine, is being built in Cherkasy region: flour production first, then fries. The investment totals 960 million hryvnia and represents an attempt to close the market gap that has so far been completely dependent on imports.