Business news, entrepreneurship and startups in Kyiv region
The National Anti-Corruption Bureau (NABU) and the Specialized Anti-Corruption Prosecutor's Office (SAPO) informed four suspects of charges in a scheme involving state storage facilities being leased to businesses through shell companies — losses amounted to 36 million hryvnias. The scheme began during the full-scale invasion.
The majority of IT companies in Ukraine continue to operate through individual entrepreneurs, ignoring the special tax regime. The head of the financial committee Hetmantsev made it clear that if the situation does not change, the terms will be reviewed.
When a counterparty delays payment and obligations are already pressing, a traditional loan becomes the most expensive solution not because of the rate, but because of time. We examine which instruments can actually save working capital — and where each one hides a trap.
Estée Lauder shares surged 10% after the company announced the end of merger negotiations — the market viewed the rejection of the deal as a relief rather than a loss.
On November 8, 2025, Russia dealt the heaviest strike against the station since the beginning of the invasion — a year after the state allocated 1.5 billion hryvnias for its reconstruction. The cost and timeline for the new rebuilding remain unknown.
# Major Retailer Agrees to Full Business Reorganization — But Only After Raids A major retailer has agreed to a comprehensive business reorganization, but only after law enforcement conducted searches. Why does voluntary transparency in business remain an exception rather than the norm?
Galnaftohaz is developing charging infrastructure as demand for electric vehicles doubles annually, while the country has fewer than ten thousand charging stations.
GORO Mountain Resort has signed a contract with Austrian DEMACLENKO for an artificial snowmaking system — one of the largest in the company's history. Behind this investment lies not just business logic, but also an answer to the question of whether mountain tourism can be built at all in a changing climate.
Starting June 2, 2026, through June 2, 2027, the M-19 highway in Terebovlia will be closed to all types of transport due to major bridge repairs financed by the European Union under the Interreg program. Trucks will bypass the city via Buchach or Hrymailiv — adding 30–40 km and up to an hour of travel time.
The city has completed the recapitalization of its largest municipal construction company and has become the owner of almost the entire enterprise. However, funds do not yet translate into apartment keys — a queue of projects and a new manager are still being selected.
The Paris Court of Appeal has overturned a 2023 acquittal verdict and established that both companies are "exclusively and completely" responsible for the deaths of 228 people over the Atlantic. The fine is symbolic, but the precedent is not.
Germany's government will purchase 40% stake in KNDS during IPO this summer — exactly the same amount France already holds. The deal masks a private family empire that has controlled the Leopard manufacturer for decades and now wants to exit the business.
Stellantis Concern divided its 14 brands into "global" and "regional" ones — and this difference means not just status, but concrete billions of euros. Opel, Citroën and Alfa Romeo are in the queue that receives the rest.
Kachanets and Lazarevich signed a joint statement in Belgrade on resuming negotiations — but the statement is not an agreement, and the main obstacle remains: Serbia is still not a member of the WTO.
In March 2026, Saudi Arabia's oil revenues reached a three-year high — not despite the closure of the Strait of Hormuz, but largely thanks to infrastructure that Riyadh had been building as a backup route for decades.
# Cabinet Allows Individual Protection Zones for Cultural Heritage Sites The Cabinet of Ministers has authorized the establishment of individual protection zones for cultural heritage monuments, featuring separate height restrictions and construction conditions. While this measure responds to post-war reconstruction needs, such flexibility has historically served as a tool for developers to damage historic environments.
Foreign Minister Kuleba and Japan's Ambassador signed a grant agreement for 6.2 billion yen — the fifth phase of the emergency recovery program since 2023. Funds will be distributed across four areas, with the selection of some proving non-trivial.
Riel Development Group of Rostislav Melnyk acquires Estate Develop — a company that has already received permission to reconstruct the production building of the NTK "Electronappratus" research and technology complex into a 175-apartment residential building in the Shevchenko District.
Fitch has downgraded the operator's rating to a pre-default level — not due to losses, but because of a central bank decree that blocks foreign currency payments abroad. It is impossible to repay $280 million in Eurobonds in February 2027 without regulatory approval.
# Polish Discount Retailer Officially Confirms Pilot Entry to Market Where Ukrainians Spend Half What They Would Like on Clothing — And That's the Whole Logic Behind It
# Comprehensive Assistance Project Concludes in Front-Line Communities of Sumy and Kharkiv Regions A comprehensive assistance project has been completed in front-line communities of Sumy and Kharkiv regions, providing services ranging from mobile psychological support to rehabilitation for children with hearing and visual impairments. The initiative reached 19,000 people who have been living under constant strain for over a decade.
Victory 3:1 over top-division Chernihiv brought Kyivans their 14th Cup in independent Ukraine and a direct ticket to European competitions — despite the alarm that delayed the match by 15 minutes.
An audit of the state company that operates four nuclear power plants has concluded with the transfer of materials to the anti-corruption bureau. This is not a verdict — but a signal that cannot be ignored.
A Kazakhstan court has upheld an arbitration ruling against Gazprom and paved the way for forced asset recovery. This is the first case globally where a foreign jurisdiction has publicly permitted the enforcement of this decision.
# Translation Attacks on oil refineries in central Russia have disabled capacities exceeding 83 million tons per year — over 30% of gasoline production and a quarter of diesel output. For the first time since the war began, strikes on infrastructure are directly impacting the domestic fuel market.
After the liquidation of USAID, the European Union became the key donor for healthcare reform—and simultaneously transformed into the main creditor that makes the implementation of this same reform a condition for disbursing billions.
Timur Mindich, a suspect in a corruption scheme at Energoatom who was arrested in absentia and placed on Interpol's list, has challenged in the Supreme Administrative Court a presidential decree by Zelensky imposing sanctions against him.
# Translation The blockade of the Strait of Hormuz following U.S. and Israeli strikes on Iran is not only hitting fuel prices. Fertilizers, which lack strategic reserves unlike oil, have become the hidden weapon of the crisis — and Ukrainian farmers are already feeling its effects.
Ukrzaliznytsia is heading into peak season with 46 destroyed and over 1,200 withdrawn or damaged cars. New 100 units will arrive at the earliest in 2.5 years — the company will have to get through this summer with what it has.
The White House is demanding that Ukraine lift restrictions on the transit of Belarusian fertilizers through Poland and Lithuania. What lies behind this pressure and what it will cost Minsk.