Ukraine Foundation
Inspiring Change, Driving Impact

Ukraine Foundation is pleased to announce the publication of a new peer-reviewed scientific article co-authored by Viacheslav Kredisov, Ukraine Foundation’s Distinguished Senior Fellow, and Nova Formatsia’s President, together with Anastasia Olishevska and Vasyl Mykolaichuk of the Kherson Economic and Legal Institute. The article, titled “Crisis and War as Factors of Strategic Management Transformation: Ukraine in a Global Context,” is now available to the academic and policy community.
Set against the backdrop of global instability and Russia’s full-scale war against Ukraine, the article offers a rigorous examination of how crisis and war reshape the very logic of strategic management. The authors argue that in wartime conditions crisis ceases to be a temporary disruption and instead becomes a permanent mode of organizational functioning. As a result, conventional strategic planning models lose much of their predictive value, giving way to adaptive, dynamic approaches centered on resilience, stability, and the rapid recalibration of management decisions.
The study is grounded in empirical evidence drawn from national business surveys and key indicators of business activity, including the Ukrainian Business Index (UBI) and the Index of Business Activity Expectations (IOD). The authors identify a striking divergence between subdued current business performance and increasingly adaptive expectations among enterprises, pointing to a deep internal transformation of strategic thinking under conditions of extreme uncertainty. Particular attention is paid to sectoral differences, which generate distinct trajectories of strategic adaptation across the economy.
A core contribution of the article is the development of a multilevel conceptual model that integrates macro-, meso-, and micro-level management perspectives. This framework explains how crisis and military factors drive the transformation of management logic and strategic tools, offering both theoretical insight and practical guidance. The findings have direct relevance for organizational leaders and policymakers seeking to design adaptive strategies that enhance strategic stability during wartime and support sustainable post-war recovery.
Viacheslav Kredisov is Doctor of Economics (PhD in Economics) and a leading Ukrainian scholar and practitioner in the field of strategic management. His contribution to this research reflects Ukraine Foundation’s commitment to advancing evidence-based analysis that informs leadership, resilience, and long-term reconstruction in Ukraine.
Ukraine Foundation encourages readers to engage with the research and share their reflections on this highly timely and relevant contribution.

Viacheslav Kredisov, Ukraine Foundation’s Distinguished Senior Fellow and Nova Formatsia’s founding Chairman, recently appeared on Suspilne TV to discuss the Government of Ukraine’s decision to approve the implementation procedure for the Medical Guarantees Program for 2026, for which more than UAH 191.6 billion has been allocated in the state budget. During the discussion, he examined the program’s key updates, its implications for access to affordable medicines, the practical steps for patients, and the broader effectiveness of public policy mechanisms in ensuring that medical guarantees reach Ukrainian citizens.
Kyiv & Sofia: Alex Luna Taking Somnia Disaster -A Chernobyl-Fukushima Cultural Bridge- Across European Parliaments










Somnia Disaster Featured In ICTV News
Somnia Disaster Making the News in Korotko Pro
“Somnia Disaster”: Alex
Luna exhibition opened in the Verkhovna Rada
YEVHEN GORIN

April 29, 2025, Kyiv – On the days of the next anniversary of the Chernobyl disaster, a unique art and documentary exhibition “Somnia Disaster” was solemnly opened in the building of the Verkhovna Rada of Ukraine, under a glass dome. It became one of the central events of this year’s commemorative events and a symbolic reminder of the value of human errors and the responsibility for the future.
April 29, 2025, Kyiv – On the days of the next anniversary of the Chernobyl disaster, a unique art and documentary exhibition “Somnia Disaster” was solemnly opened in the building of the Verkhovna Rada of Ukraine, under a glass dome. It became one of the central events of this year’s commemorative events and a symbolic reminder of the value of human errors and the responsibility for the future.
The exhibition takes place during the regular session of the parliament.
The Somnia Disaster project combines art, photography, film materials and modern audio installations in Ukrainian and German. Only the photographic part of the project, created by a prominent Ukrainian photo artist, a representative of the Kharkiv School of Photography, Vladyslav Krasnoshchek, is presented in the parliament building.

The photos are not only the iconic locations of the Exclusion Zone, but also the same age as the tragedy: the author of the project, opera singer Alex Luna, and Ukrainian supermodel Snizhana Onopko.

Today, the exhibition “Somnia Disaster” is shown in the Verkhovna Rada of Ukraine. Its ideologist Alex Luna, having implemented the project in 2021, sought to emphasize the fragility of life and the importance of remembering it. Probably, he had a “artist’s premonition,” says Tetiana Tsyba, MP and head of the subcommitteee on the protection of the rights of children who suffered as a result of military aggression. After all, today the relevance of this topic has not decreased, but on the contrary, it has acquired a new sound.

The exhibition “Somnia Disaster” will be available for viewing in the Verkhovna Rada during the week. From June 18, the exhibition will be hosted by the Parliament of the Republic of Bulgaria.
At a time when the world stands precariously close to the threat of nuclear catastrophe, Somnia Disaster emerges as a powerful cultural project that unites two of the most devastating nuclear tragedies in human history: Chernobyl and Fukushima. This exhibition serves not only as a bridge between cultures, but also as a stark reminder of our shared responsibility to prevent such disasters in the future.
Somnia Disaster is being presented in a highly symbolic setting — the Verkhovna Rada of Ukraine (Ukrainian Parliament) — from April 28 to May 2, during an active parliamentary session. Following this, the exhibition will move to the Parliament of Bulgaria from May 14 to May 21, where a major opening ceremony will be held. The event will bring together the Bulgarian Minister of Energy, Minister of Foreign Affairs, members of parliament from Bulgaria and Ukraine, as well as the Ambassadors of Japan and Ukraine, underlining the urgent international relevance of the project.
In an era when nuclear threats loom larger than ever, Somnia Disaster reminds us that memory, dialogue, and cross-cultural cooperation are vital for a safer future.
Listen to the Somnia Disaster podcast on Spotify
We are currently experiencing the greatest nuclear threat, which threatens not only Ukraine, but the entire world. What does it really look like in Ukraine’s largest nuclear power plant? What is the probability of a Chernobyl 2.0? This is what liquidators, military and scientists discuss in this podcast.
Watch Somnia Disaster’s making of featuring Snizhana Onopko and Alex Luna filmed on location
Sofia: Somnia Disaster: Alex Luna’s Haunting Exhibition Arrives in Sofia
Renowned visual artist Alex Luna continues his powerful exploration of the Somnia Disaster with a European tour, shedding light on the haunting legacy of this enigmatic event. Following its impactful debut, the exhibition makes its second stop in Sofia, Bulgaria, where it has already garnered significant media attention. Through a compelling blend of visual storytelling and immersive installations, Luna invites viewers across Europe to confront the surreal and often unsettling dimensions of memory, loss, and collective trauma.
Somnia Disaster Featured in


















The accidents in Chernobyl and Fukushima are the focus of the documentary exhibition “The Catastrophe of Dreams”, which was opened at the National Assembly. The exhibition includes nearly 40 photographs by Alexander Tishchenko (Alex Luna) and Shigeru Yoshida, which touch on the psychological and aesthetic consequences of two of the largest nuclear accidents in the world. The event was organized on the initiative of MP Lyuben Dilov Jr. and the Chairman of the Parliamentary Committee on Defense and the Bulgaria-Ukraine Friendship Group Hristo Gadzhev.
The exhibition is important for all Bulgarians because our country was one of the countries most affected by the Chernobyl accident, said Lyuben Dilov Jr. According to him, this is also the first artistic bridge of its kind connecting Chernobyl and Fukushima. Lyuben Dilov Jr. pointed out that after the horrific incidents, Japan has created another engineering miracle with the construction of a 400-kilometer wall with an average height of 15 meters to protect the coast, and the Ukrainian people have turned Pripyat and the Chernobyl region into one of the most exotic places in Europe. “The catastrophe of dreams” gives birth to new dreams, not despair, he added. Lyuben Dilov Jr. also recalled the words of Shigeru Yoshida, who says that only the one who knows the pain can cure it and protect others from it.
For his part, one of the authors of the documentary photographs, Alexander Tishchenko (Alex Luna), noted that in these days when the world is facing a nuclear war, there is no higher value than human life, because it defeats any catastrophe. The opening of the exhibition was also attended by MPs, public figures, representatives of the diplomatic corps and journalists.
У Болгарії відкрилася фотовиставка «Somnia Disaster»

У Народних Зборах Республіки Болгарія 18 червня відбулася церемонія відкриття фотовиставки «Somnia disaster» – спільного артпроєкту українських та японських митців, присвяченого ядерним трагедіям у Чорнобилі, Фукусімі, а також Хіросімі та Нагасакі.
Як передає Укрінформ, про це у Фейсбуці повідомило посольство України в Болгарії.

Експозиція унікальним чином об’єднала творчу команду під керівництвом Олександра Тищенка (Alex Luna) та японського фотографа Шіґеру Йошіди. Їхні роботи покликані привернути увагу міжнародної спільноти до проблеми протидії ядерним загрозам та спонукати до посилення міжнародної підтримки України.

Виставку вдалося реалізувати за підтримки голови Групи дружби “Болгарія – Україна” болгарського парламенту Христо Гаджева та депутата Любена Ділова.
Читайте також: Болгарія продовжила до березня програму підтримки українських біженців

Під час церемонії відкриття болгарські депутати та гості заходу хвилиною мовчання вшанували пам’ять жертв російського ракетного обстрілу України, що стався 17 червня. Внаслідок цього терористичного акту загинуло 28 людей, а понад 130 отримали поранення.

Нагадаємо, 12 червня на площі перед Народним театром ім. Івана Вазова у Софії відкрилася цифрова фотовиставка «Україна: любов + війна» – арт-документальний проєкт, який уперше представлено у Болгарії.
Somnia Disaster Featured In The Bulgarian Media


