business

Ukrainian Railways signs $5M deal with Polish partner PKP Intercity

Poland’s PKP Intercity has signed a cooperation agreement with Ukrainian Railways under which the Ukrainian company will operate passenger services in Poland as part of cross-border connections between the two countries, Rynek Kolejowy reported on March 26.

26 March, 03:11 PM

Ukraine holds Europe’s largest reserves of three EU-critical minerals

Ukraine holds deposits of 25 of the EU’s 34 critical raw materials, with the largest reserves of graphite, titanium and manganese in Europe, according to a study by Green Deal Ukraine on the country’s potential in the energy transition on March 24.

24 March, 04:47 PM

Kyrgyzstan hesitates as Russia pushes plans for nuclear power plant

Russia’s state nuclear corporation Rosatom is discussing plans to build both a small modular nuclear plant and a medium-capacity nuclear power plant in Kyrgyzstan, Russia’s Interfax news agency reported on March 23.

23 March, 12:57 PM

Saudi Arabia assesses oil price surge amid Iran war

Saudi Arabia is assessing how high oil prices could rise if the war with Iran and related disruptions to energy supplies persist, as concerns grow over prolonged instability in global markets, The Wall Street Journal reported on March 20.

20 March, 07:39 PM

UK Treasury allows Transneft to handle Kazakhstan oil until March 2028

The U.K. Treasury has allowed Russia’s Transneft to continue operations involving oil from Kazakhstan until March 2028, according to the decision on March 20.

20 March, 12:17 PM

DP World exits Ukraine after selling stake in Pivdennyi terminal

Global port operator DP World has sold its 51% stake in a container terminal at Ukraine’s Pivdennyi port to the TIS group, which also regained control of the tug business P&O Maritime Ukraine, Latifundist.com reported on March 19.

19 March, 03:56 PM

European gas prices surge after Iranian strike on Qatar LNG facility

European natural gas prices surged after Iranian missile strikes damaged the world’s largest LNG export facility in Qatar, raising concerns about prolonged global supply shortages, Bloomberg reported on March 19.

19 March, 03:10 PM

Ukraine becomes second-largest supplier of sunflower oil to India in February

India’s vegetable oil imports fell 1.5% month-on-month in February to 1.29 million tons, with higher purchases of palm and soybean oil offset by a sharp drop in sunflower oil imports, APK-Inform reported on March 18.

18 March, 12:39 PM

Naftogaz appoints new supervisory board head after reshuffle

The supervisory board of Ukraine’s state energy company Naftogaz held its first meeting in a new composition and elected its leadership, the company said on March 18.

18 March, 11:58 AM

Gazprom posts tiny profit in 2025 after tax cuts

Russia’s Gazprom reported a net profit of 11.28 billion rubles ($140 million) for 2025, compared with a net loss of 1.08 trillion rubles ($13 billion) in 2024, Interfax reported on March 17.

17 March, 02:10 PM

Turkish company withdraws from developing a precious metals deposit in Ukraine

Ukraine’s State Service of Geology and Subsoil has suspended a special permit granted to Spys Ukraine LLC, part of Turkey’s Onur Group, for geological exploration and pilot industrial development of the Zhovtovodska gold and niobium ore area in Dnipropetrovsk Oblast, Nadra.info reported on March 16.

16 March, 11:56 AM

Russia’s online market faces crisis as Chinese sellers expand — intelligence

Russia’s online retail sector faced a crisis in 2025 as domestic entrepreneurs left major marketplaces while Chinese sellers expanded their presence, Ukraine’s Foreign Intelligence Service said on March 10.

11 March, 03:19 PM

Ukraine fuel prices climb amid global oil turmoil — analysis

War in the Middle East has disrupted oil shipments through the Strait of Hormuz, rattling global energy markets and driving fuel prices higher in Ukraine, where motorists have seen prices rise by 6–10 hryvnias per liter.

10 March, 02:19 PM

Accounting Chamber flags violations in drone procurement deals

More than half of government contracts for the procurement of unmanned systems were concluded in violation of public procurement laws, Ukraine’s Accounting Chamber said, citing the findings of a compliance audit on the purchase of drone systems on March 10.

10 March, 01:57 PM

Former Naftogaz CEO on how Iran war could affect Ukraine and Europe – interview

Ukraine could gain strategic and energy advantages if Iran creates a more “civilized interface” for cooperation with the West as a result of the war, potentially weakening Russia’s position, former Naftogaz CEO Andriy Kobolyev says on March 6.

6 March, 11:00 AM

Pro-Kremlin economists warn Russia’s economy shows signs of stagflation

Leading Russian economic institutions, including the Center for Macroeconomic Analysis and Short-Term Forecasting, the Higher School of Economics and the Central Bank, say Russia’s economy is approaching stagflation, Ukraine’s Foreign Intelligence Service reported, noting the assessments come from Kremlin-linked bodies on March 4.

4 March, 11:37 AM

Kolomoisky and Boholiubov plants boost ferroalloy output after pivot to domestic market

Ukraine’s ferroalloy producers increased output by 17% year-on-year in 2025 to 127,000 metric tons, according to GMK Center, citing Serhii Kudriavtsev, executive director of the Ukrainian Association of Ferroalloy Producers on Feb. 24.

24 February, 01:50 PM

American company eyes Lukoil stake in massive Iraqi oil project

U.S. energy giant Chevron has emerged as the frontrunner to gain control of Iraq’s second-largest oil complex after signing an exclusivity deal to negotiate over the West Qurna-2 field, in which Russia’s Lukoil holds a 75% stake, Bloomberg reported on Feb. 24.

24 February, 11:35 AM

Strikes on U.S. brands in Ukraine send a direct signal to Washington – AmCham

U.S. policy should match the resilience and strength shown by American businesses operating in Ukraine, the American Chamber of Commerce in Ukraine said in a statement marking the fourth anniversary of Russia’s full-scale invasion on Feb. 24.

24 February, 11:26 AM

Hetmantsev slams NBU over scarce lending to Ukrainian businesses

Ukraine’s central bank is overlooking weak business lending despite record bank profits, leaving companies without access to affordable credit, parliamentary finance committee head Danylo Hetmantsev said in an interview with Forbes Ukraine on Feb. 23.

23 February, 06:19 PM

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