Ukraine’s businesses were well represented at the Ukraine Recovery Conference (URC) in Rome last week, and while they are generating interest among global investors, there’s still one issue holding up the cash flow: risks. This year, the URC yielded over $4 billion in pledges from governments, banks, and businesses for Ukraine’s reconstruction. Some of the private sector deals included a $3.7 million investment into Ukrainian defense tech firm Tencore and a $200 million deal with American firm

After two days of talks and panel discussions in Rome at the fourth Ukraine Recovery Conference (URC), there was one topic that stood out from the rest: critical minerals. During a packed workshop on July 11 with representatives from Ukraine’s Economy Ministry, minerals and financial sector, as well as investors, and the U.S. government agency the International Development Finance Corporation (DFC), the message was loud and clear — Ukraine’s minerals are going to bring a plethora of opportuniti

The Ukraine-U.S. Reconstruction Investment Fund will provide opportunities not only for U.S. companies but also for other countries, representatives of the U.S. International Development Finance Corporation said during a workshop at the Ukraine Recovery Conference in Rome on July 11.

DTEK, Ukraine's biggest private energy company, has begun final commissioning of the country's largest battery energy storage project, , developed in partnership with Fluence Energy Inc., DTEK announced on July 10 at the Ukraine Recovery Conference (URC) in Rome.

The package focuses on restoring energy systems damaged by Russian attacks, repairing transport networks and border crossings, and supporting small enterprises.

This week, thousands of companies, business heads, and global leaders are headed to Rome for the fourth Ukraine Recovery Conference on July 10, with many companies hoping for more clarity around the future of a U.S.-Ukraine minerals deal. It’s been over two months since President Volodymyr Zelensky signed Washington’s so-called “minerals deal” — which, in reality, covers all Ukraine’s natural resources, including oil and gas, related infrastructure, and now, defense projects. While the Economy

Deputy Prime Minister of Ukraine Oleksii Chernyshov will keep his position after a decision from the High Anti-Corruption Court on July 2.

Hans Braunfisch wants Americans to invest in Ukrainian startups, but there's a problem: there's no clear path for individual investors to put money into the more than 26,000 Ukrainian startups out there. The former PwC consultant plans to change that with Pravo Venture, a platform streamlining foreign investment for Ukrainian startups. Think of it like a meeting point for Ukrainian companies and U.S. investors accredited by the Securities and Exchange Commission who want to support the country

Russian troops have taken over the site of one of Ukraine’s most valuable lithium deposits near the village of Shevchenko, Donetsk Oblast, as Russia ramps up its summer offensive. While Ukrainian troops control territories near the site, the deposit is now under Russian occupation, Roman Pohorilyi, founder of open-source mapping project Deep State Map, told the Kyiv Independent. Ukraine's military said its forces are continuing to fight around the village, with Ukrainian forces on the western

Deputy Prime Minister of Ukraine Oleksii Chernyshov was restricted from traveling abroad without permission after a court ruled on June 27 to set bail at Hr 120 million ($2.9 million) while awaiting trial in a high-profile corruption case. “This is a huge challenge for me,” Chernyshov told reporters during a press briefing after the hearing, adding that he believed the bail was “too high.” Chernyshov is the highest-ranking official in Ukraine’s history to face corruption charges while in offic

It took firefighters two days to extinguish the flames at Oleksiy Tarnopolskiy's warehouse in Kyiv after a Russian attack on June 10. Nothing inside could be saved from his tea and coffee business. Tarnopolskiy arrived on site to an "apocalyptic" scene at 5 a.m., one hour after a Russian drone struck a warehouse of his company, Gemini, in Kyiv's Obolon district. Luckily, none of Gemini's employees were hurt. The company couldn't salvage any inventory, and over a week later, the air is still th

Ukrainian minister and deputy Prime Minister Oleksii Chernyshov has been formally named a suspect in a high-profile illegal land grab case, becoming the highest-ranking official in Ukrainian history to face such charges.

When John Denton first visited Ukraine weeks into Russia’s full-scale invasion in 2022, he knew that for the country to survive, businesses needed to stay alive. Denton is the secretary general of the  International Chamber of Commerce, the world’s largest business organization. Active in 170 countries, the organization enables $17.5 trillion worth of economic activity every year, accounting for 22% of the world’s gross domestic product (GDP). Denton has been a vocal supporter of Ukraine’s bus

The drones were shot down, but the debris fell on a plant in the town of Yelabuga, where Shahed-type attack drones are manufactured, causing a fire.

Felipenko was well known for his role in the 2024 series “A Promise to God” before joining the Achilles Strike Drone Battalion, part of Ukraine’s 92nd Assault Brigade, in April 2024.