Denmark’s Export and Investment Fund remains leader in implementing recovery projects in Ukraine
Among the export credit agencies working with recovery projects in Ukraine, the Export and Investment Fund of Denmark (EIFO) remains the leader.
Among the export credit agencies working with recovery projects in Ukraine, the Export and Investment Fund of Denmark (EIFO) remains the leader.
At the Ukraine Recovery Conference 2024 in Berlin, Ukraine has signed 12 cooperation agreements with financial institutions and energy companies.
The European Investment Bank (EIB) Group, in cooperation with the European Commission and the Government of Ukraine, signed a number of important projects and partnership agreements; funds in the amount of EUR 1 billion will be directed to Ukrainian business and the restoration of local critical infrastructure.
As part of the projects being implemented by the World Bank toward restoring and sustaining Ukraine’s energy industry, the nation is set to receive $109 million in grant financing.
Ukrainian hydropower plants’ operator Ukrhydroenergo and the U.S.-based AECOM signed a memorandum outlining the intentions to implement projects aimed at supporting the rehabilitation and reconstruction of hydropower facilities affected by war.
First Lady of Ukraine Olena Zelenska took part in the Ukraine Recovery Conference (URC2024) in Berlin.
The Netherlands is contributing EUR 138 million for various projects to rebuild Ukraine.
The Minister for Foreign Affairs of Ukraine, Dmytro Kuleba, divided the long-term needs for the country’s recovery into five steps: air defense, investments, macro-financial support, EU membership, and frozen Russian assets.
The national power grid operator Ukrenergo will receive a EUR 15 million grant from Germany’s state-owned development bank KfW to restore substations damaged by Russia’s attacks.
11 June 2024
Ukraine needs more than $17 billion to restore its medical infrastructure destroyed by Russian attacks.
The European Investment Bank will provide Ukraine with €100 million to restore and modernize social infrastructure.
Ukraine has all the natural basis required for modern energy solutions.
The Ministry of Finance believes that, despite stable financial support from international partners, Ukraine should focus on private capital.
Ukraine demonstrates economic stability, but in order to achieve rapid growth, the country needs some $12-13 billion woth of investment right now, without waiting for the war to end.
The Italian government is preparing a EUR 140 million economic assistance package for Ukraine to rebuild its infrastructure.
Ukraine will receive €100 million from the Council of Europe Development Bank to compensate for housing destroyed as a result of Russia's armed aggression.
At the Ukraine Recovery Conference, the European Investment Bank (EIB) is planning to sign agreements on new financing worth more than EUR 1 billion to support businesses and restore critical infrastructure in Ukraine.
Energy and increasing power generation will be one of the main topics of the Ukraine Recovery Conference in Berlin.
10 June 2024
Prime Minister of Georgia Irakli Kobakhidze will participate in the Ukraine Recovery Conference in Berlin.
09 June 2024
U.S. President Joe Biden and French President Emmanuel Macron support the efforts of the European Union and the G7 to use profits from immobilized Russian assets for the benefit of Ukraine.
06 June 2024
Ukrhydroenergo PrJSC has developed a project on the construction of a temporary hydraulic structure in place of the Kakhovka Hydroelectric Power Plant (HPP), which was destroyed by Russians.
In order to have enough window glass for Ukraine’s reconstruction efforts, it is necessary to build three to four plants with an annual production capacity of 25 million square meters each.
05 June 2024
As of June 1, 2024, a decision was made to award compensation for the damaged property to 138 applicants under the government program eVidnovlennia (eRecovery), totaling UAH 12.93 million.
04 June 2024
As part of the government program eVidnovlennia (eRecovery), about UAH 67 million has been transferred in compensation for the war-damaged property in the Khmelnytskyi region.
01 June 2024
Turkey's capital region and Ukraine’s Odesa region have agreed to cooperate on projects to rebuild Ukraine, particularly in the economic, agricultural, innovation, and other areas. They are also considering signing an interregional agreement to increase and develop bilateral cooperation.
31 May 2024
Innovative machines for neutralizing explosive devices have been deployed near Kyiv and several other regions.
29 May 2024
Ukraine and Turkey have outlined the areas of cooperation between the two countries to overcome the consequences of Russian attacks on Ukraine's energy system, notably in the Kharkiv and Odesa regions.
The Lithuanian government has approved a resolution prepared by the country's Ministry of Finance on the allocation of 5 million euros to support Ukraine's education sector.
Since the Army of Reconstruction project was launched, a total of 135,000 unemployed people have been involved in socially useful works.