After 35 years travelling the world for Bloomberg, The Associated Press and Brightwire, Adam founded Ukraine Rebuild Newswire to hold the West to its promise to "build Ukraine back better."
Ukraine has made a $201 million payment to holders of its GDP warrants, securities linked to the country's economic performance, that weren’t part of a $20-billion eurobond restructuring agreement with private creditors announced early this week, Bloomberg News reported, citing unnamed sources. The payment eases concerns
The European Investment Fund, part of the European Investment Bank Group, has put out a call for export credit agencies that want to work with its €300 million credit facility to promote exports from companies in European Union members to Ukraine. The fund, the risk-capital subsidiary of the European
Penny Pritzker, the US special envoy for the reconstruction and recovery of Ukraine, called for "whole-of-government reconstruction planning" in Ukraine to prepare for a surge of works to rebuild after the war. "The Ukrainian government has pieces of what is required to implement this type
The Ukrainian prosecutor general's office has launched an online tool that tracks investigations into crimes related to businesses in Ukraine in response to pressure from companies who complain of police inaction. The tool, which is open to the public, tracks and displays data on the number of registered
The United Nations Development Programme (UNDP) is calling for applications from charities and other non-profit groups in Ukraine to help carry out anti-corruption programs in 13 communities as part of a test project for the reconstruction of Ukraine. The project, funded by the government of Japan, is aimed
The Belgian government contributed €9 million to finance projects to rebuild and strengthen Ukraine's critical energy infrastructure under a program run by the United Nations Development Programme (UNDP). The money will go toward the repair and reconstruction of infrastructure affected by Russian attacks to ensure the continuation of
Penny Pritzker, the US special envoy for the reconstruction of Ukraine, visited Kyiv this week with Amentum CEO John Heller, Clayco Inc founder Bob Clark and Westinghouse CEO Patrick Fragman to meet with officials involved in the reconstruction effort. "I brought the private sector here, our CEOs, because our
Peace in Ukraine may be closer than most people suspect, says Timothy Ash. The associate fellow at Chatham House and senior sovereign strategist at RBC Bluebay Asset Management laid out five reasons for his belief in his latest blog post. Here is a much-abridged summary by Ukraine Rebuild Newswire:
Irish building materials giant CRH, which aims to buy the Ukrainian cement-making unit of Italy's Buzzi, must first agree to transfer a 25-28% stake in the unit to an independent investor, the Antimonopoly Committee of Ukraine (AMCU) has said. The €100 million purchase would give CRH,
The European Bank for Reconstruction and Development (EBRD) says its exposure to Ukraine poses "absolutely" no risk to the lender's triple-A credit rating, a senior bank official told the Reuters news agency Friday. EBRD Vice President for Banking Matteo Patrone said the bank is "
The European Union said it has sent to Ukraine €1.5 billion in proceeds generated from frozen Russian assets to help pay for the war and the reconstruction of Ukraine. The transfer marks the first such payment from profits derived from an estimated €210 billion euros in assets of the
Donald Trump, if re-elected as president of the US in November, could strengthen sanctions against Russia, bolster the US defense industry and create a $500 billion lend-lease program for Ukraine to end the Russian invasion, former US Secretary of State Mike Pompeo wrote in the Wall Street Journal.
Ukraine's central bank has updated its regulations to allow foreign investors direct access to market debt instruments earmarked for the reconstruction of Ukraine, such as local municipal bonds and infrastructure bonds. Under the new rules, the National Bank of Ukraine (NBU) can manage special accounts for foreign financial
Fitch Ratings downgraded Ukraine's credit rating to C from CC after the government signed a preliminary agreement with a group of creditors to restructure $20 billion in debt. Fitch said the cut to Ukraine's Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) reflects its opinion
The international law firm CMS advised the Dutch Good Growth Fund (DGGF) on securing regulatory approval for the fund's €4.5 million investment in Bank Lviv, CMS said. The firm advised DGGF on securing regulatory approvals from the National Bank of Ukraine and the Antimonopoly Committee of Ukraine
The M&A market in Ukraine is still suffering from a "mismatch" in expectations between foreign investors and local business owners but some deals are starting to move through the pipeline, says Zoriana Podilchuk, a director of FinPoint. "Somewhere like six months ago we noticed a
