Business

Ukrainian Business Resilience in 10 stories

A PayPal sign at the company’s headquarters in San Jose, California, U.S., on Jan. 30, 2024.

PayPal, WhatsApp, Grammarly — 10 global companies you didn't know have Ukrainian roots

by Yana ProtsAugust 15, 2025

It's a fact little known around the world: Some of the biggest names in tech were founded by Ukrainian-born entrepreneurs, including PayPal, WhatsApp, and Grammarly. These companies, now headquartered across the U.S. and Europe, owe part of their success to Ukrainian-born entrepreneurs whose innovations have shaped how millions communicate, pay, and work online. Here are 10 of the world's most recognizable tech companies founded or co-founded by Ukrainians. PayPal / Affirm Co-founder Max Le

Major decision maker at Ukraine's central bank resigns after decade in key role

by Yana ProtsAugust 15, 2025

Kyivstar makes historic Nasdaq debut as first Ukrainian listing

by Yana ProtsAugust 15, 2025

Japan says Russian military obtained banned machine tools via Chinese firms

by Yana ProtsAugust 14, 2025

Pipeline attack stops Russian oil flow to Hungary, Slovakia

by Olena GoncharovaAugust 19, 2025

People dance and raise glasses during an outdoor gathering in Odesa, Ukraine, on Aug. 8, 2025.

Muscle beaches, drag racing, and drones falling into the sea. Summer in Odesa hasn’t stopped

by Andrea JanutaAugust 18, 2025

Can Trump offer Ukraine's minerals to Putin? Not without unraveling the global legal order, experts warn

by Dominic CulverwellAugust 14, 2025

India shifts oil purchases away from Russia before Trump-Putin Alaska meeting, Bloomberg reports

by Yana ProtsAugust 14, 2025

NewsLetters

News Feed

Tuesday, August 19

11:41 AM

Ukrainian drones hit oil refinery in Russia's Volgograd Oblast, governor says

The refinery is the second-largest owned by Lukoil and a key producer of petroleum products in Russia's Southern Federal District.

10:53 AM

Zelensky, Putin may meet within 2 weeks, German chancellor says

"The American president spoke with the Russian president on the phone and agreed that there would be a meeting between the Russian president and the Ukrainian president within the next two weeks," German Chancellor Friedrich Merz said.

09:20 AM

Foreign troop deployment to Ukraine not discussed during Washington talks, NATO chief says

"That will be part of the discussions, which will now start. We will try to bring them to the next stage of understanding over the coming days and weeks, of course," NATO Secretary General Mark Rutte said.

08:38 AM

General Staff: Russia has lost 1,071,780 troops in Ukraine since Feb. 24, 2022

The number includes 890 casualties Russian forces suffered just over the past day.

06:06 AM

Zelensky says he will discuss territory with Putin as Ukraine signals readiness for unconditional peace talks with Russia

"(T)he question of territory is a question that we will leave between me and Putin. Security guarantees will probably be negotiated with our partners," President Volodymyr Zelensky said.

04:06 AM

Russia launches missile attacks on central Ukraine hours after Trump-Zelensky meeting concludes

Russia launched a wave of missile and drone attacks against Ukrainian cities on Aug. 19, hours after President Volodymyr Zelensky concluded peace talks with U.S. President Donald Trump at the White House.

About Business

The Kyiv Independent’s Business Desk covers the biggest news in business, economics, and tech from Ukraine, as well as global developments that shape the economy of the region.

July 21, 2025Under constant attack, Ukraine’s arms makers take shelter in European factories

July 14, 2025Minerals were all the talk at the largest Ukraine Recovery Conference

July 7, 2025Exclusive: Ukraine pitches US modernizing its largest oil refinery as part of minerals deal

Editors' Picks

President Volodymyr Zelensky in Berlin, Germany, on Aug. 13, 2025.

Business

Ukrainian Business Resilience in 10 stories

PayPal, WhatsApp, Grammarly — 10 global companies you didn't know have Ukrainian roots

Major decision maker at Ukraine's central bank resigns after decade in key role

Kyivstar makes historic Nasdaq debut as first Ukrainian listing

Japan says Russian military obtained banned machine tools via Chinese firms

Pipeline attack stops Russian oil flow to Hungary, Slovakia

Muscle beaches, drag racing, and drones falling into the sea. Summer in Odesa hasn’t stopped

Can Trump offer Ukraine's minerals to Putin? Not without unraveling the global legal order, experts warn

India shifts oil purchases away from Russia before Trump-Putin Alaska meeting, Bloomberg reports

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Ukraine Reforms Tracker Weekly — Issue 35

Russia restricts Telegram, WhatsApp calls amid push for domestic alternatives

Switzerland expands sanctions against Russian oil exports, aligning with EU

Ukraine secures record $586 million EBRD loan to shore up low gas reserves

Ukraine's Kyivstar conducts first Starlink direct-to-cell test in Eastern Europe

War-hit Ukrainian employers expand recruitment in South Asia

Russia to hold emergency talks with oil firms as fuel prices surge, media reports

Ukrainian defense firm Frontline integrates grenade launcher with Estonian robotic platform

NewsLetters

News Feed

Ukrainian drones hit oil refinery in Russia's Volgograd Oblast, governor says

Zelensky, Putin may meet within 2 weeks, German chancellor says

Foreign troop deployment to Ukraine not discussed during Washington talks, NATO chief says

General Staff: Russia has lost 1,071,780 troops in Ukraine since Feb. 24, 2022

Zelensky says he will discuss territory with Putin as Ukraine signals readiness for unconditional peace talks with Russia

Russia launches missile attacks on central Ukraine hours after Trump-Zelensky meeting concludes

About Business

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Putin offers Trump frozen battle lines, written promise not to invade again if Kyiv surrenders Donbas, NYT reports

Russian media shows US armored vehicle with Russian, American flags storming Ukrainian positions (VIDEO)

Russian gasoline prices hit record highs after drone strikes shut refineries

Kremlin brags about US jets escorting Putin’s plane after Alaska summit

Ukraine claims battlefield success in Donetsk Oblast

Editors' Picks

As Zelensky, Trump prepare to talk about peace, most Russian demands are non-starters for Ukraine

Editorial: That meeting was sickening. Putin loved it

Our readers' questions about the war, answered. Vol. 9

As Putin, Trump debate Ukraine's future borders, Donetsk Oblast residents are split on what they would accept to end the war