Ukraine · Country watch

Kyiv Water Restored, Ufa Refinery Hit, Power Cuts Loom

Kyiv restores water after strikes, Ukraine targets Ufa refinery, and power cuts are set for November 1, affecting businesses and residents.

Florent Kalfon · 31 October 2026 · 6 articles read

The picture Stable How this is judged →

Business conditions in Ukraine remain stable as Kyiv restores water services, but power cuts scheduled for November 1 may disrupt operations. The situation requires ongoing adaptation.

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In this briefing Oschadbank · European Union · Vitali Klitschko · Kyiv · Bashneft-Novoil · Ufa · Ukrenergo · Ukraine

Regulation

Finance
Logistics

New tariffs and booking rules effective in November

Starting in November, Ukraine will implement new tariffs and booking rules affecting various sectors, as reported by Komsomolskaya pravda. These changes include adjustments to Oschadbank's tariffs, new duties on parcels sent to the EU, and reduced booking options. The government also announced support measures for individual entrepreneurs to enhance energy resilience. These regulatory changes are part of broader economic adjustments as Ukraine navigates ongoing challenges.

Impact Exporters to the EU and businesses using Oschadbank face new tariffs and booking rules.

Sources: Komsomolskaya pravda ↗

Disruption

Public sector

Kyiv restores water supply after Russian strikes

Kyiv restored its water supply and sewage services on October 31 after Russian drone strikes hit critical infrastructure the previous night, according to Mayor Vitali Klitschko. The strikes had caused significant disruptions, leaving several districts without water and others with reduced pressure. Emergency crews worked overnight to repair the damage and restore services to the affected areas. The incident highlights the ongoing vulnerability of Kyiv's infrastructure amid the ongoing conflict.

Impact Residents and businesses in Kyiv experience restored water services after overnight disruptions.

Sources: KyivPost ↗, Newvoice ↗

Energy

Ukrainian drones hit Bashneft-Novoil refinery in Ufa

Ukrainian long-range strike drones targeted the Bashneft-Novoil oil refinery in Ufa, Russia, on October 31, causing a major fire, according to KyivPost. The attack also reportedly involved the neighboring Bashneft-UNPZ plant, with flames engulfing a critical unit that produces high-octane gasoline reformate and hydrogen. This strike is part of Ukraine's ongoing efforts to disrupt Russian energy infrastructure amid the conflict.

Impact Russian energy operations face disruptions due to damage at the Ufa refinery.

Sources: KyivPost ↗

Energy

Power cuts scheduled across Ukraine on November 1

Ukraine's national energy company Ukrenergo announced planned power cuts across most regions on November 1, according to Komsomolskaya pravda. These cuts are part of ongoing efforts to manage electricity consumption amid recent infrastructure attacks. Businesses and residents are advised to prepare for potential disruptions in power supply. The scheduled outages are expected to impact daily operations and require contingency planning.

Impact Businesses and residents across Ukraine face scheduled power outages affecting operations.

Sources: Komsomolskaya pravda ↗

Nothing significant reported today in Internal tension · Safety & health · Companies · Markets · Trade · Politics.