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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
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
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
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$83 million of coupon payments * Zavalivsky Graphite, Ukraine's sole graphite miner, shuts down due to energy costs and outdated equipment * Japan to establish Coordination
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,
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 The shutdown was attributed primarily to high electricity costs and outdated production infrastructure requiring substantial investments in modernization.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 (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.
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
Today's Contents Just The Facts: * Ukraine ready to discuss deal for gas transit to Europe, prime minister says * Japanese company to start making pickup trucks in Ukraine with local partners from kits Here's What They Think: * E-International Relations: Immediate ceasefire in Ukraine could harm US
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
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,
Today's Contents Just The Facts: * EIB to cooperate with Ukraine's SBI to protect its investments from corruption * Ukraine delays minerals deal with US to let Trump take credit, sources tell NYT * Dutch top court dismisses Russia's appeal in Naftogaz arbitration case * Norway to support
Norway will support the Ukrainian Navy with an additional NOK 2.6 billion ($242.2 million) funding under the country's Nansen Support Programme for Ukraine. The government of Norway has previously provided NOK 100 million for maritime training and other measures.
The Ukrainian authorities have postponed signing an agreement to cooperate on extracting and processing minerals with the US to let the incoming Donald Trump administration take the credit for the deal, the New York Times reported, citing unnamed officials from both countries. The signing of the agreement, initially planned with
The Supreme Court of the Kingdom of the Netherlands dismissed Russia's appeal seeking to overturn a partial award granted by the Hague arbitration court to Ukraine's state-owned oil and gas company, Naftogaz, regarding compensation for damages caused by Russia's seizure of Naftogaz assets
The European Investment Bank (EIB) said it has signed a memorandum of understanding (MoU) with Ukraine's State Bureau of Investigation (SBI) to protect its investments in the country from fraud and corruption. The MoU envisages enhanced information sharing and joint investigations between the EIB and SBI and introduces
