The investors, their investments, the regulations and the rule-makers.
Major South Korean state-run railway firms signed an agreement to help Ukrainian state-owned rail operator Ukrainian Railways build an express railway to neighboring Poland, Korean news agency Yonhap reported. The companies, state-run railway operator Korea Railroad Corp (Korail) and the Korea National Railway (KNR), also agreed to
The CEOs of Japanese companies including Kubota, JFE Engineering, IHI, Nippon Koei and others are accompanying senior Japanese political figures on a trip to Ukraine this week to assess opportunities in the reconstruction. The delegation, led by Senior Vice Foreign Minister Kiyoto Tsuji and Senior Vice Economy Minister Kazuchika Iwata,
Ukrainian state-owned gas producer Naftogaz announced the discovery of a "promising" gas deposit in a gas field in the Carpathian mountains that had been considered depleted. Testing of the deposit showed a gas flow rate of more than 200,000 cubic meters per day, the highest UGV
The Rebuilding Ukraine Agency, a member-owned organization of mostly US-based businesses focused on the reconstruction of Ukraine, is coordinating $195 million in war-time financing for state nuclear power company Energoatom to build new generation capacity and expand centralized storage for spent nuclear fuel. The agency, part of
Madoqua Renewables Holding plans to invest as much as €900 million to build a plant in the western Ukrainian city of Ternopil to produce methanol from sugar production waste and wastewater. The Dutch-Portuguese company plans to invest up to €40 million on project development, followed by capital investments of
Insurer Marsh McLennan has reached an agreement with the Ukrainian government and other partners to offer insurance for the export of grain and other supplies from Ukraine despite the risks posed by its ongoing war with Russia. Under the agreement, a public-private partnership will provide up to $50 million
Mike Pompeo, who served as the head of the CIA and then secretary of state under former US President Donald Trump, has been named a director of Kyivstar, Ukraine's largest mobile telecoms operator. Pompeo, who led the CIA in 2017 and 2018 before becoming secretary of state until
Ukrainian Prime Minister Denys Shmyhal met with Alexander Soros, the son of billionaire George Soros and chair of the Open Society Foundations, which is planning new projects in Ukraine. "Open Society Foundations plans to start new projects, so we discussed our priority needs: economic recovery, reconstruction, social sphere,"
The Ukrainian government's anti-corruption agency has added Nestle to its blacklist of companies that continue to do business with Russia, labeling the global food giant an "international sponsor of war." Nestle joins fellow food conglomerates Unilever, PepsiCo and Mars and 41 other companies on the
BlackRock will create a "project team" early next year to prepare a much-anticipated fund meant to attract up to $50 billion in investment into the reconstruction of Ukraine, the country's Economy Minister Yulia Svyrydenko said. "In the first quarter of 2024, BlackRock plans to
The State Property Fund of Ukraine, charged with privatizing state companies, sold the first of 17 prosthetics and orthopedics firm it holds, as the war drives up demand for its products. The Khmelnytskyі Prosthetic and Orthopedic Enterprise, a manufacturer of prosthetic and orthopedic products with 47 employees in western Ukraine,
The Ukrainian Ministry for Restoration has started talks with neighboring nations to expand traffic capacity through the southeastern town of Reni, on the borders of both Romania and Moldova, to boost exports and help rebuild Ukraine. The project would reconstruct the road from the town of Reni, in the extreme
Andritz Hydro, the supplier of equipment and services for hydropower plants, has agreed to work with state hydropower producer Ukrhydroenergo to develop and produce green hydrogen as Ukraine prepares for reconstruction and pushes to join the European Union. The three-year agreement commits the companies to develop green hydrogen projects,
The European Bank for Reconstruction and Development (EBRD) and two other international development organizations have agreed to provide $480 million in financing to help MHP, Ukraine's largest chicken producer, refinance debt, boost output and expand its agricultural waste-to-energy facilities. The US International Development Finance Corporation (DFC)
Miyamoto International, a California-based engineering firm specialized in reconstruction after war and natural disaster, has agreed to build a waste management system in Kyiv to process and recycle the waste generated from the demolition of war-damaged buildings, city officials said. "This is an important phase of the
