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EIB to allocate €16.5 million to renew public transport in Kyiv, Mykolaiv, other Ukrainian cities
The European Investment Bank (EIB) said it will provide €16.5 million for the renewal of urban public transport in the Ukrainian cities of Kyiv, Mykolaiv, Ivano-Frankivsk, and Odesa. The funding will support the acquisition of new buses, dual trolleybuses, trams, spare parts, and maintenance equipment.
EBRD lends €20 million to ProCredit Bank Ukraine for on-lending to SMEs
The European Bank for Reconstruction and Development (EBRD) said it is providing a €20 million local currency loan to ProCredit Bank Ukraine for on-lending to local small and medium-sized enterprises (SMEs). The loan, supported by up to 10% interest rate subsidy from the European Union, will help Ukrainian SMEs address
World Economic Forum opens Global Government Technology Centre in Kyiv
The World Economic Forum (WEF) established a Global Government Technology Centre in Kyiv, making it the organization's second such center worldwide, after Berlin, as it seeks to develop GovTech solutions. The center aims to leverage AI, Internet of Things (IoT), blockchain, and cybersecurity to foster an innovation ecosystem
European Commission disburses €4.1 billion under Ukraine Facility
The European Commission has released €4.1 billion to Ukraine as part of the €50 billion Ukraine Facility, bringing the total European Union funding disbursed to Kyiv under the facility to €16.1 billion. The government of Ukraine said €1.5 billion of the released funds is a grant. The
World Bank approves $2.05 billion aid package for Ukraine reforms
The World Bank's board has approved providing Ukraine with $2.05 billion aid package to support the Ukrainian government in implementing reforms to strengthen the economy and improve macro-financial stability. The initiative also aims to support the government in increasing GDP per capita to meet EU levels and
URN Daily: EIB approves €450 million for district heating, hydropower plants; Ukrainian Railways asks bondholders for $83 million delay in coupon payments
Today's Contents Just The Facts: * EIB approves €450 million for district heating, hydropower plants in Ukraine * Ukrainian Railways asks bondholders to delay $83 million of coupon payments * Zavalivsky Graphite, Ukraine's sole graphite miner, shuts down due to energy costs and outdated equipment * Japan to establish Coordination
Norway to give NOK1 billion to 7 Norwegian humanitarian organizations in Ukraine
The government of Norway is providing NOK 1 billion ($89.26 million) to seven Norwegian humanitarian organizations to support humanitarian relief efforts in Ukraine. The funding, provided under the Nansen Support Programme for Ukraine, will be channeled to Norwegian Red Cross, Norwegian Church Aid, Norwegian People’s Aid, Caritas Norway,
Zavalivsky Graphite, Ukraine's sole graphite miner, shuts down due to energy costs and outdated equipment
Ukraine's only natural graphite mining company, Zavalivsky Graphite, has suspended operations, the National Association of Mining Industries of Ukraine (NAEIU) said. The shutdown was attributed primarily to high electricity costs and outdated production infrastructure requiring substantial investments in modernization.
Ukrainian Railways asks bondholders to delay $83 million of coupon payments
Ukrainian Railways (Ukrzaliznytsia) said it has asked its Eurobond holders to postpone to 2026 coupon payments due in January and July 2025, totaling $83 million. The deferred payments will ease the liquidity burden, enabling stable passenger and cargo transport, infrastructure maintenance, and traffic safety, the state-run railway company said.
EIB approves €450 million for district heating, hydropower plants in Ukraine
The European Investment Bank (EIB) said it has approved a total of €450 million to finance municipal district heating projects and repairs of hydropower plants in Ukraine. The funding was approved as part of a €6.8 billion package for energy investments in several countries the EIB announced last week
Japanese company to assemble pickup trucks in Ukraine from kits with local partners
Several Ukrainian manufacturers and a Japanese engineering company plan to make Japanese pickup trucks using semi-disassembled kits (SKD) technology in Ukraine, Ukrainian Economy Minister Svyrydenko said at a business forum organized by the Japan External Trade Organization. "Together with Ukrainian partners, the Japanese company plans to start producing pickup
Ukraine ready to discuss deal for gas transit to Europe, prime minister says
Ukraine is ready to discuss a deal to allow gas transit through its territory to western Europe, said Ukrainian Prime Minister Denys Shmyhal during a meeting with Slovakian Prime Minister Robert Fico. Shymhal said Ukraine's agreement with Russia on gas transit comes to an end on Jan 1,
