The European Investment Bank will use the DREAM platform, the state portal meant to organize the reconstruction of Ukraine, to allocate €100 million to support community recovery and development projects, DREAM said. Activities under the project include distributed generation facilities, municipal housing, water supply and sanitation, and healthcare.
The administration of Joe Biden announced $500 million assistance package to Ukraine, consisting of weapons and equipment needed for defense against Russia. The assistance, which is part of security assistance President Biden announced on Sept. 26, will be provided under the drawdowns from Department of Defense stocks.
Ukraine's small- and medium-sized farmers have been heavily impacted by the energy crisis exacerbated by the war with Russia, according to a study by the US-based non-governmental humanitarian organization Mercy Corps. For instance, farmers relying on generators to irrigate land reported a stark yield disparity:
The European Investment Bank (EIB) said it has provided a second loan tranche, of €4.7 million, backed by European Union guarantees, to ease the reclamation of the Hrybovychi solid waste landfill in Ukraine's western city of Lviv. The funding will facilitate Phase II rehabilitation efforts at the
Today's Contents Just The Facts: * German building materials maker Knauf starts work on €150 million second plant in Ukraine * McGill and Partners joins ARX and FortuneGuard in war risk insurance partnership * Ukraine completely localizes production of Croatian DOK-ING demining machines * Vinos de la Luz buys Ukrainian winemaker
Big Wines, a Ukrainian subsidiary of international wine group Vinos de la Luz, has acquired local wine company 46 Parallel Wine Group. Financial terms of the transaction were not disclosed.
McGill and Partners, Lloyd's Lab insuretech FortuneGuard, and ARX have partnered to launch a Ukraine War Risk Insurance Facility for commercial property and investments with $50 million limit per risk. The new limit is higher than existing ceiling for insurance, which provides "an unprecedented way and addressing
Ukrainian company A3tech-Ukraine has completely localized the production of demining machines of the Croatian company DOK-ING, according to government officials. The company tested the first localized demining machine in the spring last year, said Ukraine Deputy Minister of Economy Ihor Bezkaravayny. "It was then that plans were
The German building materials manufacturer Knauf has started construction of its second factory in Ukraine with an investment of €150 million, Dmytro Kysylevskyi, deputy chairman of Ukraine's parliamentary committee of economic development, said on Wednesday. The new plant, in Borshchiv in Ukraine's Ternopil region, will have
Norway will allocate NOK 164 million ($14.4 million) in 2025 to support the clearance of mines and explosives in Ukraine. The funding will go towards strengthening the training facilities for mine clearance dogs and dog handlers that the Norwegian People's Aid and the State Emergency Service of
Ukraine is ready to help address the energy crisis in the breakaway Moldovan region of Transnistria with coal supplies, Ukraine's President Volodymyr Zelensky said on Wednesday. "We are ready to help Moldova, in particular, with coal," Zelensky said in his nightly address to the nation following
Today's Contents Just The Facts: * Slovakia-Ukraine dispute over transit of Russian gas escalates as bilateral meeting scrapped * Russia says it captured Kurakhove logistics hub in Ukraine's Donetsk * Biden prepares 'substantial' final package for Ukraine before leaving office, officials say * Iceland foreign visits Ukraine
The Joe Biden administration is set to announce a final weapons aid package for Ukraine as part of Defense Secretary Lloyd Austin's visit to Germany on Thursday, two unnamed senior defense officials said. Austin will meet in Germany with representatives of around 50 partner nations who have come
A dispute between Bratislava and Kyiv over transit of Russian gas through Ukraine has escalated further after a proposed meeting with European Union officials on Tuesday was called off. Ukrainian and Slovak ministers, alongside European Commission officials, were scheduled to meet in Brussels to address the consequences of the termination
Iceland Foreign Minister Thorgerdur Katrin Gunnarsdottir met with Ukrainian Deputy Energy Minister Roman Andarak to discuss the development of geothermal energy in Ukraine and other issue related to the country's energy sector. The officials discussed the priority requirements for power equipment needed in restoration efforts, along with strategies
The Russian forces said they have captured the "important logistics hub" of Kurakhove in eastern Ukraine's Donetsk region. The capture of the key industrial town Kurakhove would deprive Ukraine of "the ability of shelling peaceful residents of Donetsk … with artillery systems," said the Russian
