The European Bank for Reconstruction and Development (EBRD) said it is providing a €50 million liquidity loan to the Ukrainian capital Kyiv's municipal district heating utility Kyivteploenergo.
The loan will ensure that Kyivteploenergo continues operating, keeps its workforce, and maintains essential heating and electricity services for Kyiv's residents, businesses, and municipal entities, the EBRD said in a press release on Tuesday.
Switzerland has launched a new call for investment projects involving Swiss companies in Ukraine, making up to 50 million Swiss francs ($61 million) available to help finance reconstruction and economic recovery efforts, the Swiss government said on May 28. The initiative targets Swiss companies with an established presence in Ukraine
Ukraine's foreign exchange regulations are changing "rapidly and dramatically" and are providing "quite many surprises" to foreign companies operating in the country, representatives from Schneider Group warned at a webinar this week. The warning came during a one-hour presentation on foreign exchange controls
