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How war in Ukraine gave birth to a new kind of reconstruction finance
Every month since Russia's full-scale invasion, European Bank for Reconstruction and Development (EBRD) officials have sat down with their Ukrainian partner banks to ask the same question: where are the gaps? Those routine questions have become an unlikely source of financial innovation. As Ukrainian banks identify problems
Private war-risk insurance market in Ukraine has quoted 1,000 assets and insured 100
Ukraine's private war-risk insurance market has expanded since the launch of its first large-scale commercial facility 18 months ago, with more than 1,000 industrial and commercial assets now quoted for coverage market-wide and more than 100 ultimately insured to date, according to FortuneGuard, the
Inside Eric Schmidt's investment in wartime Ukrainian real estate
By Iryna Fedets, URN Correspondent On a Saturday evening, Piramida shopping mall in Kyiv's Pozniaky district is modestly busy. Cars continue pulling into the crowded parking lot as shoppers make their way inside, greeted by chilled air and the tinny soundtrack of pop music. But signs of war
Shopping between air raid alerts: A day at Piramida mall
By Iryna Fedets and Kateryna Malofieieva Piramida was never meant to be a destination. Unlike Kyiv's giant shopping malls, it serves the surrounding neighborhood. Residents stop in for groceries, collect prescriptions, eat with their families and browse familiar shops a short walk from home. That is precisely what
Ukraine should sell its business strengths, not just the reconstruction story, Finnfund CIO says
Ukraine should do more to promote its competitive advantages and showcase business success stories to attract foreign investment, as international perceptions remain dominated by the war, said Hanna Loikkanen, Chief Investment Officer at Finnfund, Finland's development financier and impact investor. While Ukraine's economy has proven resilient
As the war grinds on, Ukraine's legal sector is among the first to see reconstruction
When Russia launched its full-scale invasion in 2022, Ukraine's corporate law sector expected years of decline. Deals collapsed overnight. Clients shifted into survival mode. Investors fled. Many lawyers volunteered for the Armed Forces or left the country. More than four years later, something unexpected has happened. Even
Banks in Ukraine approve $240 million in financing in accord to rebuild grid, senior banker says
Dozens of banks in Ukraine have approved a combined 10 billion hryvnias ($240 million) in financing of energy solutions to help the country sustain the constant attacks on its grid since signing a voluntary accord on energy resilience months ago, a senior banker said. "The banks, maybe more than
Exclusive: 60 Finnish companies take first steps toward business in Ukraine as hope for peace grows, special envoy says
Some 60 privately owned Finnish companies have applied so far to the government's Finnpartnership program that helps them get ready to invest in Ukraine, said Antti Vänskä, Finland's special envoy to the reconstruction of Ukraine. And that number is set to grow. "The interest of
URN Daily: Ukraine, US to start talks on minerals deal today; EU extends Ukraine's 'transport visa-free regime'
Today's Contents The Reporter's Notepad * Weekly Roundup Just The Facts: * Ukraine, US to start talks on minerals deal on Friday * EU, Ukraine launch new business partnership to draw investments in war-torn country * Ukraine, EU extend 'transport visa-free regime' until end-2025 * US