Dominic Culverwell

Smoke billowing over the Black Sea is now an everyday sight in Odesa Oblast as Russia continues to strike ports and vessels in Ukrainian waters. But it’s on land that the impact of Russia’s campaign is most keenly felt, with Ukraine facing an economic crisis unless the country finds a solution soon.The biggest victims are Ukraine’s agricultural and steel firms — both key economic drivers — which are cut off from crucial trading routes via the Black Sea. Ukraine could lose 1%-1.5% of its gross

Subscribe to the Newsletter Ukraine Business RoundupSubscribeUkraine'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

The attack damaged at least one warehouse at the TIS container terminal in Ukraine's Pivdennyi (Southern) Port complex, which was purchased by the Swiss-headquartered Mediterranean Shipping Company (MSC) in March.

Ukraine's air defense shot down or suppressed three surface-to-air missiles, six small cruise missiles, and 182 drones.

At the same time, Germany will also provide an additional 10 million euros ($11.6 million) to NATO's Comprehensive Assistance Package for decentralized energy supplies for the military, equipment for military hospitals and urgently needed air defense equipment.

Ukraine will create 100,000 new jobs for veterans as part of a new program the government is working on, Prime Minister Serhii Koretskyi said at the IX International Veterans Forum on Aug. 22 in Kyiv.

France will speed up the delivery of missiles and other military equipment following a nearly two-hour-long phone call between President Volodymyr Zelensky and French President Emmanuel Macron on Aug. 22.

As Ukraine captures global attention with dramatic strikes on Russia's oil infrastructure and e-commerce giants Wildberries and Ozon , Russia has unleashed its most devastating campaign yet against Ukraine's economic infrastructure.

Peter Novak, a Slovak with 25 years of experience in the IT and banking sectors, replaced former board member head Mykola Hladyschenko after he was officially dismissed from his position on Aug. 21 by the government due to his suspected involvement in a money laundering scheme.

With Russia continuing to wage an unprecedented campaign against Ukrainian businesses, Ukraine's Economy Ministry has downgraded its forecast for the country's economic growth this year from 1.3% to 0.5%, as Moscow targets key industries such as steel production, e-commerce, and ports.