The European Investment Bank (EIB) said it will provide €16.5 million for the renewal of urban public transport in the Ukrainian cities of Kyiv, Mykolaiv, Ivano-Frankivsk, and Odesa. The funding will support the acquisition of new buses, dual trolleybuses, trams, spare parts, and maintenance equipment.
The European Bank for Reconstruction and Development (EBRD) said it is providing a €20 million local currency loan to ProCredit Bank Ukraine for on-lending to local small and medium-sized enterprises (SMEs). The loan, supported by up to 10% interest rate subsidy from the European Union, will help Ukrainian SMEs address
Australia has pledged to provide a total of AUD 76 million ($47.42 million) in new aid to Ukraine and announced the reopening of its embassy in Kyiv during a visit by ustralian Minister of Foreign Affairs Penny Wong to Kyiv. The funding includes AUD 66 million via the European
The World Economic Forum (WEF) established a Global Government Technology Centre in Kyiv, making it the organization's second such center worldwide, after Berlin, as it seeks to develop GovTech solutions. The center aims to leverage AI, Internet of Things (IoT), blockchain, and cybersecurity to foster an innovation ecosystem
The European Commission has released €4.1 billion to Ukraine as part of the €50 billion Ukraine Facility, bringing the total European Union funding disbursed to Kyiv under the facility to €16.1 billion. The government of Ukraine said €1.5 billion of the released funds is a grant. The
The World Bank's board has approved providing Ukraine with $2.05 billion aid package to support the Ukrainian government in implementing reforms to strengthen the economy and improve macro-financial stability. The initiative also aims to support the government in increasing GDP per capita to meet EU levels and
The European Bank for Reconstruction and Development (EBRD) said it is lending a total of €480 million to Ukrainian Railways (Ukrzaliznytsia) to procure electric locomotives and small-scale power generation. Of the total, €300 million will be allocated to Ukrainian Railways to finance the acquisition of electric locomotives to ensure stable
Today's Contents Just The Facts: * EIB approves €450 million for district heating, hydropower plants in Ukraine * Ukrainian Railways asks bondholders to delay $83 million of coupon payments * Zavalivsky Graphite, Ukraine's sole graphite miner, shuts down due to energy costs and outdated equipment * Japan to establish Coordination
The United Nations Development Programme (UNDP) in Ukraine has partnered with the Ukrainian Ministry of Education and Science to analyze the country's educational infrastructure and develop a reconstruction concept for Ukrainian schools. The project, which included financial support from the German government, proposed improvements focusing on wartime challenges,
Japan's Minister of Land, Infrastructure, Transport and Tourism Hiromasa Nakano announced the establishment of a Coordination Council for the reconstruction of Ukraine, which will include Ukrainian and Japanese businesses. The announcement came during a meeting attended by Ukraine's Minister of Economy Yulia Svyrydenko in Japan, the
The government of Norway is providing NOK 1 billion ($89.26 million) to seven Norwegian humanitarian organizations to support humanitarian relief efforts in Ukraine. The funding, provided under the Nansen Support Programme for Ukraine, will be channeled to Norwegian Red Cross, Norwegian Church Aid, Norwegian People’s Aid, Caritas Norway,
Ukraine's only natural graphite mining company, Zavalivsky Graphite, has suspended operations, the National Association of Mining Industries of Ukraine (NAEIU) said. The shutdown was attributed primarily to high electricity costs and outdated production infrastructure requiring substantial investments in modernization.
Ukrainian Railways (Ukrzaliznytsia) said it has asked its Eurobond holders to postpone to 2026 coupon payments due in January and July 2025, totaling $83 million. The deferred payments will ease the liquidity burden, enabling stable passenger and cargo transport, infrastructure maintenance, and traffic safety, the state-run railway company said.
The European Investment Bank (EIB) said it has approved a total of €450 million to finance municipal district heating projects and repairs of hydropower plants in Ukraine. The funding was approved as part of a €6.8 billion package for energy investments in several countries the EIB announced last week
