Doing Business in Ukraine During War: What Actually Works

The Question That Changes Everything

Between 4 and 5 in the morning on 24 February 2022, the air-raid sirens began, and every business plan in Ukraine became obsolete at once. In the first hours the only criterion was safety; only later came the understanding that “you can’t flee forever, and in any case fleeing isn’t a solution.” What followed is one of the least-told business stories of the decade: not how companies died, but how many of them adapted — fast, messily, and far more successfully than outside observers expected.

The lessons are not only for war. They are a concentrated, accelerated version of what every company faces when its environment turns hostile. Here is what actually worked.

Infrastructure: Assume It Will Fail

The first move was to stop trusting any single point of failure. When the power grid is a target, you run on generators. When terrestrial internet drops, you switch to satellite — Starlink terminals became as valuable as office space. A closed Lviv nightclub became the BRAVE hub — generators, Starlink and a bunker, opened on 1 December 2022 and full from the first day — built on the assumption that anything could go dark at any moment. The book’s rule: “no single disruption could stop us completely.” The principle generalizes: design for the failure you hope never comes, and you keep operating when competitors go silent.

Logistics: Work With the Windows You Have

When international couriers stopped operating, the answer was alternative partners found through the diaspora. When the winter blackouts of 2022–2023 left many cities with electricity only four to eight hours a day, a textile producer, Volodymyr, organised night shifts from four to eight in the morning, used the daytime for design, planning and quality control, and kept every job and every commitment. His foreign client, Lukas: “This isn’t a supply chain problem. It’s a demonstration of resilience that none of my suppliers in Europe could match.” The obstacle had become a competitive advantage. The same lesson applies to global supply chains.

Teams: Trust Is the Operating System

Under fire, org charts stop mattering and people start. In the first days the team’s WhatsApp group carried evacuation routes, missing water, and the hardest news. What kept people going was what the book calls emotional resilience: islands of normality — birthdays even during the sirens, BBQ and wine, lunch together, talking about anything but war — and, every morning at 9:00, the minute of silence that stops the entire country. This is the Human-to-Human idea in its rawest form: keep the human bonds warm before you need them.

โ€œIf we had stopped building, stopped believing, stopped imagining a tomorrow, they would have won twice: once with the bombs, and a second time by destroying our capacity to believe in the future.โ€ — Everything Will Be OK, chapter 11

Trade as Resistance

The deepest lesson is the one that became a philosophy. In a country at war, exports bring in foreign currency — and foreign currency, at a moment like that, “is pure oxygen for an entire economy.” Continuing wasn’t optional: it was a form of resistance. That conviction shaped Faktorist, which took its full form at BRAVE, and seeded the UAmbassadors diaspora network. As the book puts it, the economy is truly a second front line.

If you are weighing whether to operate in, invest in, or trade with Ukraine, the honest answer from inside is this: it is hard, it demands redundancy you are not used to paying for, and it works. The full story — and the framework behind it — is in Alex Fox's account and the book Everything Will Be OK.

About the Author

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Alex Fox

Alex Fox is an entrepreneur born in Ukraine and raised in Italy. He led the local operations of Ernest Airlines, turned a historic 1882 book factory in Lviv into the OK Factory innovation hub, and founded Faktorist, the platform that connects Ukrainian producers to global markets โ€” built in large part during the war, between blackouts and air-raid sirens. He speaks six languages and takes the stage at international conferences on War-Life-Balance and economic resilience. He lives between Lviv and Italy. Everything Will Be OK is his first book.

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