Japanese Foreign Minister Yoko Kamikawa, speaking at a press conference in a bomb shelter after an air attack warning interrupted her surprise visit to Kyiv, pledged to donate $37 million to a NATO fund that supports drone detection and other air defenses. Kamikawa, who visited Kyiv on Sunday as part
The Ukrainian government has earmarked 3 billion hryvnias ($79 million) this year to support private investors who import new equipment for use in a "significant investment," or a project valued at $12 million or more. The funds are meant to support investments that create capacity in Ukraine to
Japan plans to give biofuel manufacturing technology to Ukraine that would create a new type of industry from common agriculture byproducts as the war-torn nation rebuilds itself, Kyodo News reported. At a meeting in Tokyo next month between private- and public-sector representatives from both countries, Japanese companies are
Expectations of Ukrainian businesses deteriorated in December amid growing uncertainty about the future of foreign aid, trade disputes with neighbors and the ongoing war, according to a monthly survey by the country's central bank. The National Bank of Ukraine business activity expectations, which measures current business assessments and
Ukrainian state gas extractor Ukrnafta has received offers from 25 foreign and domestic companies to form partnerships to help develop 21 oil and gas fields in Ukraine and will extend a deadline to March 1 so they can finish examining the sites. Bidders include several international consortia, with firms from
The European Union is preparing a workaround plan to fund Ukraine with a financing arrangement similar to the one used to provide countries with cheap financing during the Covid era, the Financial Times reported, citing unnamed sources. The plan could provide Ukraine with up to €20 billion in financing even
ArcelorMittal Kryvyi Rih, Ukraine's largest steel producer, plans to increase capital expenditures by 19% to $155 million this year despite the ongoing war, said the company's acting general director, Olena Bizyaeva. Bizyaeva announced the increase, from the $130 million capex budget in 2023, during a visit
Support in Western nations for spending almost $300 billion in frozen Russian assets on Ukraine is increasing, but diplomats and policymakers are now quietly considering using that money to fund the war effort rather than reconstruction, the New York Times reported. The Biden administration is discretely calling on allies in
The European Investment Bank (EIB) has announced the disbursement of €99.6 million in loans for the reconstruction of Ukrainian hospitals, water facilities and other infrastructure damaged by Russian shelling. The loans, to come in tranches of €60 million and €39.6 million, are earmarked for almost 200 small municipal
The governors of the European Bank for Reconstruction and Development (EBRD) approved a €4 billion increase to the bank's paid-in capital so it can invest more in Ukraine's reconstruction and war-time needs. The added shareholder capital, which brings the bank's paid-in
Ukrainian mine clearance teams and surveyors have given farmers back 205,000 hectares (506,000 acres) of farmland this year that was deemed a priority for de-mining, Ukrainian Economy Minister Yulia Svyrydenko said. The total represents almost 44% of the 470,000 hectares of farmland that the government had
The European Union has agreed to start talks that could lead to Ukraine joining the EU after Hungarian Prime Minister Viktor Orban decided at the last moment to refrain from vetoing the talks.
Investors from three nations will sign deals in Ukraine with Rothschild & Co in Ukraine worth more than $400 million combined in the coming quarter, a senior Rothschild banker told Ukraine Rebuild Newswire.
A European Commission proposal would separate proceeds generated from frozen Russian from the frozen assets themselves in a step toward toward using the funds for the reconstruction of Ukraine, a European Union official told Politico. European proposal would separate proceeds from frozen Russian assets as first step in transfer to
Chicago Atlantic has hired the Ukrainian government's highest-profile private investment promoter, Sergiy Tsivkach, to strengthen its "Trident" Ukraine investment strategy, the $2 billion private market investment management group told Ukraine Rebuild Newswire.
