Business news, entrepreneurship and startups in Kyiv region
Ukraine has received 50 permits from Greece for irregular bus transportation — for the first time since 2024, when such permits did not exist at all. However, with 70,000 Ukrainians in the country, the issue is not whether permits exist, but who will have a seat available.
Overnight on July 10, the Unmanned Systems Forces struck 13 tankers, three cargo ships, a ferry, and an auxiliary vessel belonging to Russia. Meanwhile, the Ilsky oil refinery in Krasnodar Krai came under attack—at least the 17th such strike during the full-scale war.
The enterprise has already been put up for auction twice — and both times no buyers were found. Now the starting price has been reduced by another 83 million hryvnias, and the auction has been postponed to September-October 2026.
The Court of Cassation rejected the Fifth President's case after 18 months of review instead of the legally mandated two months. The defense will appeal the decision to the Grand Chamber and in Strasbourg, where the complaint has already been accepted.
# Ukraine's Logistics Infrastructure Deteriorates at Fastest Rate Since Full-Scale Invasion Ukraine's logistics infrastructure is being destroyed at a pace unseen since the first year of the full-scale invasion. In just two months, the sector's losses have rapidly caught up to the damage figures that took six months to accumulate in 2022.
The SBU and PGO exposed a scheme for purchasing outdated grenade launchers for the military worth over 318 million hryvnias. Instead of new models, the weapons were manufactured in the 1980s.
# AMCU Approves Kyivstar's Acquisition of Ukraine's Largest Cloud Provider GigaCloud — But with Commitments Lacking Clear Enforcement Mechanisms. Who Really Benefits from This Deal — Customers or a New Monopolist with Dual Infrastructure?
The Bureau of Economic Security has opened criminal proceedings against five Ukrainian airlines, reclassifying lease payments for aircraft as "royalties." This contradicts international conventions and thirty years of established practice, but could destroy an industry that, amid ongoing war, pays a record 702 million hryvnias annually to the state budget.
# Translation Approximately 10,000 tons of butter have accumulated in the warehouses of Ukrainian manufacturers. Prices have dropped by almost half over four months — and this is just the visible part of the problem.
Citigroup forecasts Brent crude to fall to $60 per barrel by end of 2025 — exactly the price ceiling of the G7 sanctions mechanism for Russian oil.
Kyiv customs officials have intercepted a shipment of genuine Lavazza coffee that was stolen from the European Union while in transit to Slovakia. The scheme is simpler than underground production—and therefore more difficult to detect.
Ukrainian strikes on Russian oil refineries have triggered a fuel crisis that is already canceling bus routes, halting garbage collection, and forcing Putin to publicly acknowledge fuel station queues for the first time.
The government has canceled inspections of business property destroyed or damaged as a result of combat operations. The decision is part of a broader moratorium by the National Security and Defense Council from July 21 — and differs fundamentally from it in scope.
The Antimonopoly Committee approved Saudi Arabia's FAS Energy to acquire four solar power plants in the Kyiv region. The deal is taking place in the midst of war — and this is no coincidence.
A direct missile strike destroyed the central warehouse of OKWINE and Wine Hunters distributor — along with stocks of wine, spirits, and offices. The strike occurred during one of the most massive bombardments of the capital in recent months.
Russia struck energy infrastructure with 503 rockets and drones. The result — emergency shutdowns, grid overloads and Vodafone home internet outages.
The Cabinet of Ministers initiated disciplinary proceedings against the head of the State Forest Resources Agency and suspended him from his position. Details are being released gradually.
Moscow has requested 50,000 tons of gasoline from Astana after Ukrainian drones disabled oil refineries and fuel production in central Russia dropped by 25%. Kazakhstan formally denies the request — but supplies are already being planned.
On the night of July 1-2, Russia launched one of its largest attacks on Kyiv: drones, ballistic missiles, Kalibr and Zircon cruise missiles. A Moyo electronics store warehouse was among the civilian facilities reduced to ash.
# Translation As of June 30, Ukrposhta closed its last stationary branch in Druzhkivka — a city that comes under fire daily from FPV drones, guided aerial bombs, and artillery. The decision confirms what is already obvious: civilian infrastructure is retreating in the wake of people fleeing the area.
A rocket struck one of Ukraine's largest pharmaceutical manufacturers on June 28. The plant did not halt operations — but this resilience exists despite systemic problems that preceded the attack.
"Euro-Rekonstruktsiia," owned by Anatolii Skriblyak, has called a creditors' meeting to approve a preventive restructuring plan. The company already had a debt of 1.5 billion hryvnias to Kyivteploenergo before the strike — losses from the destruction of the power station have now been added to this.
Polish discount retailer Pepco officially becomes the network's 20th market of presence. Test stores are planned for October 2026, with the strategic goal of surpassing Sinsay and Modivo, which already have over 500 outlets.
# Guo Wengui Convicted in Massive Fraud Scheme Targeting Democracy Supporters For years, Guo Wengui positioned himself as a fighter against Beijing — a reputation that allowed him to raise over a billion dollars from thousands of supporters who believed they were investing in democracy. Thirty years in prison and confiscation of $889 million represent the outcome of a scheme whose mechanism mirrors a classic confidence scam.
A Cherkasy restaurant has become the 128th establishment in Ukraine and the third in the city. Over 2022-2025, the company invested 4.84 billion hryvnias in expanding and modernizing its network — despite the fact that 15 establishments remain closed due to hostilities.
Gas stations of "Gazprom Neft" and "Lukoil" in Moscow and the region have introduced fuel limits — not due to logistics issues, but because the region's main refinery will not be operational for at least until the end of 2026.
Microsoft's market capitalization fell by $530 billion in June 2025 — the worst month since 2008. But the real problem isn't the size of AI spending, but rather who it has been made for.
From July 1, a 45 UAH delivery surcharge for villages served by mobile branches will be eliminated — the tariff will be equalized with urban rates. At the same time, courier delivery will increase by 5 UAH due to rising fuel costs.
Ukrenergo has recorded a sharp increase in electricity consumption due to the heat wave and is calling on consumers not to switch on powerful equipment in the evening — that is when the power system is most vulnerable.
# LNG Tanker Arctic Express Loads Gas From Sanctioned Saam Storage Near Murmansk The LNG-tanker Arctic Express has for the first time loaded gas from the subsanctioned Saam storage facility near Murmansk following a flag change to Russian and transfer to St. Petersburg-based company SMP Techmanagement. This is part of a system that Novatek is building to sell Arctic LNG 2 despite U.S. and EU bans.