Oscar & Oliver Brothers was founded in 2002 and faced numerous challenges, including the death of one of its co-founders and the impact of the Russia–Ukraine war. The company had, however, been resilient and had continued to grow during the war. Maria, Oscar, and Andrey, the three current co-owners of Oscar & Oliver Brothers, gathered in January 2024 for their annual strategic planning meeting. Maria was reluctant to pursue a strategy of internationalization .....more

By October 2024, Andriy Nemyrovskyy, the chief executive officer and co-owner of Regno Italy UA LLC had spent 10 years growing his company into western Ukraine’s largest importer and distributor of food products and wine from around the world. As news of Russia’s invasion of Ukraine spread on February 24, 2022, Nemyrovskyy and his wife Marianna mobilized Regno staff members and hundreds of volunteers to rapidly create and scale a new organization .....more

When Russia invaded Ukraine, on February 24, 2022, it disrupted the life of every person living in the country. In the hours following the initial attacks, Marianna Bilyk drew upon her purpose-driven leadership skills, medical training, and deeply felt passion for providing health care to her patients to help launch Volunteering and Help Center, where she was appointed head of the medical aid division to secure, organize, and distribute war-specific .....more

In March 2022, the chief executive officer (CEO) of Auchan Retail Group (Auchan), a top French retailer, faced a serious dilemma. As head of a €30 billion, privately held company, the CEO had to choose between staying the course and leaving Russia, one of Auchan’s top three markets, in the aftermath of the business turnaround and explosive geopolitical tensions that followed within two weeks of the Russian invasion of Ukraine. Public backlash had .....more

Nord Stream 2 was an offshore pipeline project of the Russian energy company Gazprom to transport natural gas to Europe. The US government was skeptical about this project as it believed that Russia would use the pipeline to increase its influence in Europe. The Russian annexation of Crimea and reported Russian support to the secessionist groups in Eastern Ukraine further complicated the situation. The events in Ukraine resulted in the United States .....more

Carlsberg Breweries A/S (Carlsberg) had developed from a local to a global player in the brewing industry, having focused on growth in emerging economies in Europe and Asia. This growth path was against the background of economic transition and political change in Russia—from optimism about opportunities in the new market economy in the 1990s, to increasing regulatory obstacles, political authoritarianism, and increasing local competition in the 2010s. .....more

Ireland-based Ryanair DAC (Ryanair) was the largest European low-cost airline, serving approximately 120 million customers in 34 countries in 2016–2017. The airline was considering entering new markets as its growth in existing markets had plateaued. The untapped Ukrainian market offered a huge growth opportunity for Ryanair as the country had recently signed a free-trade agreement with the European Union (EU) and was about to enter a visa-free regime .....more

The overarching vision of the global nongovernmental organization Transparency International was to free the world from corruption. Transparency International Ukraine (TIU) was founded in 2014, after three failed attempts, to tackle the high level of corruption that had taken hold of that country. Over the first two years, the chief executive officer faced significant organizational issues that hindered the organization’s performance; he appointed .....more

In 2017, the new chairman of A. P. Moller-Maersk confronted one of the worst cyberattacks in history, which crippled the company's vast global shipping network that accounted for nearly 20 per cent of global container shipping. NotPetya was a particularly virulent strain of ransomware that, within seconds, destroyed Maersks’s servers and personal computers around the world. Maersk's senior system administrators had warned the company that .....more

In 2017, the new chairman of A. P. Moller-Maersk confronted one of the worst cyberattacks in history, which crippled the company's vast global shipping network that accounted for nearly 20 per cent of global container shipping. NotPetya was a particularly virulent strain of ransomware that, within seconds, destroyed Maersks’s servers and personal computers around the world. Maersk's senior system administrators had warned the company that .....more