
As the conflict-torn country considers a ceasefire for the first time, Oleksandr Kamyshin discusses Ukraine’s post-war future

A former investment manager, Oleksandr Kamyshin now envisions ‘Ukraine 2.0’ as a leading defence producer in Europe Credit: Pete Kiehart
Ed Cumming. 06 December 2024
“The story you need to write is about Ukraine 2.0,” says Oleksandr Kamyshin, President Zelensky’s new adviser on strategic affairs, raising a glass across the table. “Finally, everything is coming together.”
It is a more positive story than most from Ukraine at the moment. The day before, Vladimir Putin had launched a record aerial attack across the country, with 188 drones and missiles shot down. On the ground, Russia is making grinding progress in the east.
In Kursk, across the border in Russia, Ukraine is doggedly holding on to the pocket of land audaciously seized in summer, battling Russian and North Korean troops with the long-range Western weapons they are at last – allowed to aim into Russian territory. The re-election of Donald Trump as US President, who pledged to end the war ‘in 24 hours’, has prompted fears that he will stop US support for Ukraine.
But over dinner at a flat in Kyiv, where a Javelin rocket launcher hangs alongside the coats in the hallway, Kamyshin makes a case for optimism. He describes his job as being a kind of fire-fighter. He and the president have a meeting nearly every day, in which Zelensky gets him to focus on one area of concern or another – it could be healthcare, infrastructure, energy, munitions. With an eye on so many sectors, he presents a compelling vision of a post-ceasefire Ukraine that could be a vital part of Europe, a tooled-up, battle-hardened people who are expert at IT, making drones and getting the trains to run on time.
“Ukraine 2.0 comes with lessons for defence industries, with medicine, with emergency services, with railways,” he says. “It’s not something we wanted to be known for, but we have learned all these lessons. We are open and ready to share what we have learned.”

Tall and charismatic, with a goatee and long Cossack-style ponytail, Kamyshin, 40, has been a distinctive presence throughout the war. Kyiv-born and bred, he had a career in the private sector, first at KPMG and then as an investment manager, before he was made acting CEO of the Ukrainian railways in 2021.
After the full-scale invasion began in 2022, the Ukrzaliznytsia became known as the “Iron Railways”, a source of national pride and a lifeline, carrying refugees and casualties out of harm’s way in one direction, and aid and materiel the other, to the frontlines. At their peak, they were carrying 190,000 people per day, for free, aided by a stripped-back, military-style command structure.
They also ferried a succession of world leaders to Kyiv to meet Zelensky, defy Putin and present a united front. None did so more enthusiastically than the then-Prime Minister, Boris Johnson. “I know he has problems inside [the UK], but for us he was a hero, we loved him,” he recalls. When I interviewed Kamyshin two months after the invasion, he said the railway, along with the defiant figure of Zelensky and the surprising resilience of the army, was one of the three most positive surprises.
“[We] are the organisation that has shown it is stable, reliable and works properly,” he told me. “People trust us. They know that if they can get to the railway station, they will receive tea, food and medical care, and will be safely transported to another city where there is less shelling.”
So successful was Kamyshin at running the railways that in February 2023 Zelensky promoted him to an even more vital role, as Minister for Strategic Industries, responsible for scaling up ammunition production. Like Lord Beaverbrook during the Second World War, who brought his experience as a media baron to bear on producing fighter aircraft, Kamyshin used his experience in the private sector and running the railways to ramp up production of drones, shells and other weaponry.
In scaling up its domestic operations, Ukraine could end its reliance on foreign munitions and create a vital new industry. By 2023, production had tripled on its pre-war levels, by the end of this year, sixfold. As well as increasing production of traditional munitions, under Kamyshin’s leadership Ukraine has developed its own long-range cruise missile system, Palianytsia, which has entered mass production.
“That’s a genuine Ukrainian product. It’s something you’re going to need in Australia, UK, Japan,” he says. “Because one day, China will take over Taiwan. North Korea will try to take over South Korea. I was stupid enough to believe that the Russians would get lost. We would be keen to share what we have learned.”
The other guests at dinner encourage faith in his vision of a bright, energetic, innovative country bristling to help do the jobs Europe hates. By chance many of the men are called Oleksandr (Sasha). There is Oleksandr Pertovskyi, the new railways boss. Like Kamyshin, he came to his wartime job from a private sector gig, working for the logistics company DHL in Singapore. “Once we have finished fighting we will come and sort out your problems with the ‘wrong kind of snow’ and ‘leaves on the line’”, he jokes.

Most impressive of all is Serhii Volynskyi, a polite and charming 32-year-old, the pistol tucked into his jeans the only hint at his career. He joined the military at 15; at the outbreak of war he was stationed in Mariupol. On April 12 2022, he led 500 soldiers out of the Illich steel plant there to join their comrades at the next door Azovstal works. As they desperately held out, Volynskyi issued videos to the outside world pleading for the evacuation of civilians and the wounded. After they eventually surrendered, Volynskyi was held as a POW for four months before being released in a prisoner exchange. On his return to Kyiv, Zelensky appointed him a Hero of Ukraine, the country’s highest decoration.
“Nobody in the UK comes close to him,” says Kamyshin, of Volynskyi. “He has spent 17 years fighting; 10 years of active fighting. He is a military talent, who can train and instruct other military people all over the world.”
“I don’t think the bravado that some officers claim because they went through certain experiences is honourable or commendable,” Volynskyi says. “I think the future leaders of Ukraine should exhibit more humility, rather than bravado, so that’s what I’m trying to do.” Today he is working with veterans, helping to secure better treatment and job prospects for them.

Zelensky, his Chief of Staff of Andrew Yermak and Interior Minister Ihor Klymenko with commanders of defenders of the Azovstal Iron and Steel Works in Mariupol Denys Prokopenko, Sviatoslav Palamar, Denys Shleha, Serhii Volynskyi and Oleh Homenko Credit: REUTERS
Shortly after we speak, President Zelensky will give an interview in which he suggests for the first time the possibility of a ceasefire that could cede “temporary” control of parts of Ukraine in exchange for a pathway to NATO protection. The Trump presidency looms large.
“Everyone expects the US will step down,” says Kamyshin. “But [Trump] is a deals guy. He wants to make a deal. My president is a deals guy as well. They will make a deal.”
Even war heroes and military leaders have to abide by the curfew. With perfect timing, the air raid siren sounds as the party files out into the freezing Kyiv night. If Ukraine 2.0 is to become a reality, there is plenty of fighting ahead.

Selected comments from DT readers :
chris reynolds
The Russian economy can’t stand much more war. Ukraine needs to keep plugging away and kicking the Russian dog in the boll***s 👊.
Kenny Andrew
I have huge respect for the average Ukrainian. Unfortunately I do think their lives are being sacrificed by their leaders. This has taught me to avoid any early military call-ups if they’re going to do a deal anyway. Tim Long Reply to Kenny Andrew – If the Ukrainians hadn’t put up a fight, they’d be a clone of Belarus by now. This principle applies to Britain in 1939, and the rest of Europe (who continue to benefit from Great Britain’s fightback from 1940 onwards). Churchill decided to fight. 80-90 years later we enjoy freedom and prosperity because of the sacrifices that that generation made. They did it not just for themselves, but for their children, grandchildren etc. James Stacey
Good luck to these brave men, the Ukrainians we provided a house for were also trustworthy, generous and fun. They are better than the people we have here.
Tim Long
Reply to James Stacey
Good on you James.
TruthOr Dare
There are few in the world who command respect on the scale of the Ukrainians. Let them run the armed forces for the UK. They can’t do a worse job.
John Mulvany
Unfortunately there is immutable and limited room for Ukrainian manoeuvre ( ie not ever being able to join NATO /EU and Russian absolution from sanctions and reparations.
Tim Long
I have enormous admiration for Ukraine and the Ukrainians. Churchill would have supported them to the hilt if he’d been Prime Minister today.
Unlike the West today, the leaders of which have been like rabbits caught in the headlights – petrified and paralysed.
Andew Flow
Let’s be clear:
Russia wants to negotiate a deal with the USA about security issues globally including the US position on Europe and then the capitulation of Ukraine with the United States (without Ukraine in the room),including the removal of Zelensky, and then trying to force that deal upon Ukraine.
Ukraine is been very clear it is open to territorial concessions in exchange for a cease-fire security guarantees.
There is a huge gulf between the positions with Russia still adopting maximalist positions in its objectives.
The war will not end anytime soon if Trump is looking for a fair deal that doesn’t compromise the security of allies.
Thank God Ukraine has people like Oleksandr Kamyshin; fizzing with ideas, positive energy and drive.
God bless them and give them strength.
Almost never in history has there been such a clear cut case of good versus evil.
And never in history have such evil filth been given such an easy ride by crapulous “leaders” in the west.
He obviously knows his English history! There was once a genuine, non-spoof announcement from British Railways, apologizing for a break in service due to “the wrong kind of snow!”
We keep hearing about Trump being a businessman and about his devotions to making deals. What the orange one is lacking are diplomatic skills, political thinking and especially a solid concept about military strategies. Maybe Zelensky should get some advice from some good businessmen on how to manipulate the orange-skinned loudmouth toward supporting Ukraine.
Either way, my hope is on stubbornness from the muscovites, which will force the orange one to rethink his plans, i.e. handing over LOTS of military aid. I can see this happening.
Not once has he said : “I will help Ukraine.”
But over and over again he comes up with nonsense like: “I will end the war in 24 hours”, “this war would never have happened if I was president”, “Zelenskyy is the greatest salesman in history.”
And let’s not forget Jr’s despicably vile contribution: “Zelenskyy, your allowance is coming to an end.”
Always remember that politicians are liars. This is especially true if they are also businessmen.