The European Bank for Reconstruction and Development (EBRD) said Wednesday it will provide a €40 million financing package to Ukraine's pet food producer Kormotech to build a second pet food plant in Lithuania.
The package is a syndicated A/B facility, the EBRD said in a press release. Of the total, €20 million will come from the Dutch-based and SDG-focused asset manager ILX Fund.
The International Finance Corporation plans to launch a €50 million donor-funded program as a pilot for its proposed Viability Gap Facility meant to make certain Ukrainian infrastructure public-private partnerships more commercially viable, a senior IFC official said. The pilot is expected to cover two or three projects, with
Ukrainian companies are changing the skills they require for existing jobs as they adapt to worker shortages and wartime disruption, with digital capabilities becoming increasingly important, according to a new World Bank study. After the full-scale invasion, digital skills accounted for 13.09% of the skills employers sought in
