Kingspan's Mike Stenson has ushered the building materials giant through multiple complicated stages of investing in war-time Ukraine, as it seeks to build a $300 million multi-factory manufacturing campus near the western city of Lviv that will help propel the reconstruction of the country. Stenson, the project manager
Global building materials giant Kingspan said it will start building its first Ukrainian factory in the middle of this year, at least six months behind its initial projection, after completing the cumbersome bureaucracy needed to prep a $300 million project in Ukraine. "We are very close now to actually
The European Investment Bank (EIB) said on Wednesday its board paved the way for €100 million in funding to repair damaged municipal heating infrastructure in Ukraine. The funding was announced as part of a €2.4 billion EIB financing for business investment, clean energy, transport, telecommunications and flood protection in
The European Bank for Reconstruction and Development (EBRD) and Ukraine's Ministry for Communities and Territories Development have signed a guarantee agreement for the project Renewal of the Electric Locomotive Fleet of Ukrainian Railways (Ukrzaliznytsia). The agreement was signed between EBRD President Odile Renaud-Basso and Ukriane's Minister
The European Bank for Reconstruction and Development (EBRD) will invest at least €1.5 billion this year in Ukraine's economy and businesses, EBRD President Odile Renaud-Basso told Reuters in an interview. In 2024, the EBRD deployed €2.4 billion in Ukraine, bringing the total allocated to the war-torn
US allies anticipate that President Donald Trump's administration will unveil a long-awaited plan to end the war on Ukraine at the Feb 14-16 Munich Security Conference in Germany, unnamed sources told Bloomberg. Trump's special representative for Ukraine and Russia, Keith Kellogg, is expected to present the
Accord Import, a cabinet furniture manufacturer based in the western Ukrainian city of Khmelnytskyi, will invest $14 million to triple its production capacity after an increase in orders from Danish retailer Jysk, its main buyer. The project will include developing a new factory in the region to boost production capacity
The Italian embassy in Kyiv have signed an agreement with the United Nations Environment Programme (UNEP) to launch a €2 million project to strengthen energy sustainability of Ukrainian cities. The fund, which is provided by Italy, aims to support Ukraine's recovery towards a more decentralized and sustainable energy
Ukraine sees "immense" potential in buying and storing liquefied natural gas (LNG) from the United States after the transit of the Russian gas through the country's territory ended, Ukraine's Foreign Minister Andrii Sybiha said on Wednesday. "Ukraine has exceptionally powerful underground gas storage
Ukraine's National Securities and Stock Market Commission (NSSMC) chief Ruslan Magomedov said he has held talks with Francis Malige, director of the Financial Institutions Department at the European Bank for Reconstruction and Development (EBRD), about creating a capital market body in Ukraine that would operate under EBRD auspices.
The UK will allocate GBP 55 million ($69 million) to Ukraine through a new funding package announced on Wednesday, ahead of Britain's Foreign Minister David Lammy's visit to Kyiv. "Our support for Ukraine remains unbreakable. We are determined to put Ukraine in the strongest possible
Today's Contents Just The Facts: * Zelensky says he would agree to direct talks with Putin * Ukraine's government is open to Trump's rare earth minerals proposal, Zelensky says * Ferrexpo's Ukrainian unit hit by $3.76 billion civil claim for damages * iStories alleges Yanukovych
Ukrainian President Volodymyr Zelensky said on Tuesday he would agree to sit at the negotiating table with Russian President Vladimir Putin in order to end the war in Ukraine. "If that is the only set-up in which we can bring peace to the citizens of Ukraine and not lose
Ukraine's public service faces serious challenges in attracting and retaining young professionals, particularly those with Western education and international experience, according to a study by the Professional Government Association (PGA). Nearly 65% of respondents are open to working in the public service, mainly due to a sense of
London-listed miner Ferrexpo announced on Tuesday that a civil claim totaling $3.76 billion had been filed against its Ukrainian subsidiary, Ferrexpo Poltava Mining (FPM), over alleged illegal mining activities and the sale of waste products. "Initial accusations on the illegal sale of waste products have transformed into accusations
