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URN Daily: ARX signs reinsurance deal with DFC to cover property against missile attacks, EC approves €4.1 billion under Ukraine Facility
Contents Just The Facts: Ukraine's ARX signs reinsurance deal with DFC to cover homes and business property against Russian missile attacks, European Commission approves €4.1 billion allocation under Ukraine Facility, Ukrainian lawmaker sentenced to 8 years in prison in first-ever crypto bribery case, EBRD mulls €180
European Commission Workshop on Ukraine War-Risk Insurance: EBRD, Marsh Mclennan, EIFO Denmark, NBU, Aon, Economy Ministry
Organizers: European Commission as part of the Rebuild Ukraine event held by Premier Expo of Warsaw Topic: Workshop gathering foreign and Ukrainian insurance business, EU representatives, government officials, international financial institutions and export credit agencies to explore war insurance solutions for Ukraine. Participants will discuss successful initiatives and the challenges
European Commission Workshop on Private Equity in Ukraine: EIF, Deutsche Bank, Rothschild, Horizon Capital, Dragon Capital, Hillmont
Organizer: European Commission as part of the Rebuild Ukraine event held by Premier Expo of Warsaw Topic: This workshop brings together key foreign and Ukrainian investors, asset managers, International Financial Institutions, EU and government experts to explore the unique private equity and venture capital landscape in Ukraine, highlighting the country&
European Commission Workshop on FDI in Ukraine: EIB, IFC, Kingspan, Bayer, Neo-Eco, ZPP, EBA
Organizer: European Commission as part of the Rebuild Ukraine event held by Premier Expo of Warsaw Topic: Workshop gathering foreign and Ukrainian companies, EU representatives, government officials, and international financial institutions to explore strategic investment opportunities in Ukraine. The discussion focuses on priority sectors across real economy and energy, such
European Commission approves €4.1 billion allocation under Ukraine Facility
The European Commission (EC) has greenlighted the second regular payment of nearly €4.1 billion under the EU's Ukraine Facility, to support the country's macro-financial stability and its public administration. When adopted by the Council, this decision will raise total 2024 disbursements for the Ukraine
Ukrainian lawmaker sentenced to 8 years in prison in first-ever crypto bribery case
Ukraine's High Anti-Corruption Court (HACC) found member of parliament Andrii Odarchenko guilty of attempting to bribe the former head of the State Agency for Reconstruction, Mustafa Nayem, with bitcoin, and sentenced him to eight years in prison. The case marks the first-ever documented instance of a
EBRD mulls €180 million loan to Ukrainian Railways for 270 MW of power capacity
The European Bank for Reconstruction and Development (EBRD) is considering providing a €180 million sovereign guaranteed loan to Ukrainian Railways (Ukrzaliznytsia) for the installation of up to 270 MW of small-scale gas-fired power generation capacity.
Veon explores US IPO for Ukraine's Kyivstar
Wireless operator Veon is considering an initial public offering (IPO) in the US as early as next year for Ukraine's biggest mobile company, Kyivstar, Veon CEO Kaan Terzioglu told Reuters in an interview. "We have not made those decisions yet, but we are committed to looking into
US to allocate $100 million for Ukraine's cybersecurity infrastructure
The US will provide $100 million to Ukraine to strengthen the country's cybersecurity infrastructure, said Richard Verma, the US special envoy for the reconstruction of Ukraine. The funding will also be used to boost critical government services and access to information and communications technology for Ukrainians, Verma stated
Ukraine's ARX signs reinsurance deal with DFC to cover homes, business property against Russian missile attacks
Ukraine's ARX Insurance has started offering coverage for property against missile and drone attacks in Ukraine with a reinsurance contract with the US International Development Finance Corporation (DFC). The insurer, a subsidiary of Canadian insurer Fairfax Group, is using the DFC reinsurance to help it cover property at
URN Daily: EU calls for Ukraine investment ideas from private companies, US grants $1.35 billion in humanitarian aid
Contents Reporter's Notepad: EBRD becomes the largest implementing partner of the Ukraine Investment Framework and uses the first €50 million to finance small-scale energy projects with a surprising leverage ratio - more than double the EU's target. Details inside. Just The Facts: The EU calls for
EU asks private companies for investment proposals of at least €50 million each under Ukraine Facility
The European Commission has called on private businesses to submit investment proposals of at least €50 million each that could form part of the European Union's €50 billion aid package for Ukraine. The call, valid for businesses from the EU or Ukraine, focuses on investment proposals on six
Lviv SMEs shape demand for city's office space, CBRE analysis finds
Local small and medium-sized companies in Ukraine's western city of Lviv are driving demand for office space in the city, with these tenants choosing small areas that do not require additional capital investments and are ready for use, an analysis by real estate firm CBRE ukraine found.