For more than three years, discussion around Ukraine’s economy has largely focused on visible wartime damage: destroyed infrastructure, disrupted exports, and direct military risks. Yet for many companies operating in Ukraine, the most significant impact of the war is less visible. The real cost often lies in the accumulation of operational friction affecting nearly every aspect of business activity — from workforce planning and logistics to energy resilience, financing, insurance, and...

Entering the fourth year of full-scale war, Ukraine is not only holding the line militarily—it is rapidly redefining the global defense technology landscape. What began as necessity-driven innovation on the battlefield has evolved into one of the fastest-growing and most dynamic tech sectors globally . From Survival to Scale Ukraine’s defense tech (miltech) sector has expanded at an extraordinary pace: ~19x growth over the past three years Now the largest and fastest-growing tech vertical in...

An investigation by Forbes Ukraine revealed a large-scale fraud operation centred in Dnipro, where a network of call centres created fake cryptocurrency exchanges and defrauded investors from Europe and beyond of millions of dollars . A Funnel Built on Trust and Pressure The scheme began with targeted outreach—cold calls, social media contact, and online advertising. Victims were offered assistance from “investment specialists” promising high returns in crypto markets. They were then...