ArcelorMittal Kryvyi Rih is prepared to establish JVs with European investors in the mining sector to contribute to the post-war reconstruction of Ukraine, CEO Mauro Longobardo said. We "call on potential Italian and European partners to explore the next level of cooperation and to consider a joint venture
When foreign investors consider joining the reconstruction, they often fearfully imagine Russian missiles hitting their offices, land mines crippling employees or drone strikes destroying warehouses. Not to fear, says George Janjalia, the former Georgian military intelligence officer who led security in Ukraine for a globally famous AI company through three
The UK's development finance institution British International Investment (BII), and the French development agency Proparco will provide risk-sharing guarantees worth a total of $57 million to the European Bank for Reconstruction and Development (EBRD) to support the lender's trade finance exposure in Ukraine. BII will
US President Donald Trump has made it clear to his aides that he wants President Volodymyr Zelensky of Ukraine to show willingness to make concessions in peace negotiations, such as giving up territory to Russia, unnamed US officials told NBC. Signing of the proposed minerals deal alone won't
The Czech Republic will receive €188 million from the European Union's Ukraine Facility to support Czech companies involved in the reconstruction of Ukraine. "This is great news for Czech entrepreneurs. They already have dozens of projects underway in Ukraine, thanks to our government's support, and
European Commission President Ursula von der Leyen is prepared to stretch EU rules to the "breaking point" to guarantee Ukraine's access to the Single Market, The Telegraph reported, citing a senior EU official. While the EU would decide which sectors to open and which to restrict,
Polish energy firm Orlen said it has signed a memorandum of cooperation with Ukraine's oil and gas company Naftogaz on March 7, outlining terms of their partnership in the liquefied natural gas (LNG) sector. As part of the memorandum, the companies also signed a contract to supply about
The European Bank for Reconstruction and Development (EBRD) said it is considering providing a $25 million multicurrency senior long-term loan to Ukrainian grocery store chain Varus Group to expand its retail operations in the country. The financing would help Varus boost employment opportunities for people with disabilities and other
Norway will more than double the amount of aid budgeted for Ukraine this year to about €7.8 billion, Prime Minister Jonas Gahr Støre announced after a meeting with leaders in parliament. "‘We are contending with the most serious security situation in Norway since the Second World War,"
Ukrainian President Volodymyr Zelensky said he will travel to Saudi Arabia on Monday to meet with Saudi Crown Prince Mohammed Bin Salman ahead of talks between Ukrainian and US officials later in the week. "Next Monday, I have a visit planned to Saudi Arabia for a meeting with the
The European Investment Bank (EIB) and Ukraine signed an agreement on Thursday to deploy a team of advisors in Kyiv to support the implementation of EIB investments under the Ukraine Facility, the EIB and Ukraine's Economy Ministry said. The specialists will accelerate the preparation and implementation of critical
US President Donald Trump said on Thursday he would soon decide whether to strip about 240,000 Ukrainians who fled Ukraine due to the war with Russia of their legal status. "We're not looking to hurt anybody, we're certainly not looking to hurt them, and
Ukraine's President Volodymyr Zelensky participated on Thursday in a meeting of the European Council in Brussels where he presented what he called "necessary steps for peace." Firstly, Zelensky argued, "Everyone needs to make sure that Russia, as the sole source of this war, accepts the
