What is being done, what needs doing, and who's doing it.
The European Commission has appointed a former Polish central bank chief, a former member of the European Court of Auditors and a development finance specialist to the audit board of the €50 billion Ukraine Facility. The board is meant to "ensure the transparent and effective use of up to
NovaSklo, a company backed by Ukrainian investment firm EFI Group, will build a €240 million glass factory in the Kyiv region by 2028 to supply the reconstruction of Ukraine, according to statements by the company and the government. The factory, to employ about 340 people and run two production lines
US-headquartered construction consultancy Hill International said it has agreed to help the State Agency for Restoration and Infrastructure Development of Ukraine carry out construction projects in the residential, infrastructure, energy, transit, and water management sectors. According to a memorandum of understanding, Hill may also help with workforce training, procurement,
The US decision to raise tariffs on steel imports to a flat 25% will hit Ukraine-based exporters such as Interpipe and ArcelorMittal Kryvyi Rih, which have already been several hit by the war with Russia, Ukrainian Economy Minister Yulia Svyrydenko said. "For the past few years, we have
US companies should be given priority in taking part in Ukraine's reconstruction, Ukraine's President Volodymyr Zelensky told Reuters in an interview on Friday. "Those who defend us will rebuild Ukraine. And here, in addition to gratitude, it is a lot of money for business,"
Ukraine will need an additional 4.5 million workers over the next decade to support a successful post-war recovery at the current level of productivity, the country's deputy Prime Minister and Minister of National Unity Oleksiy Chernyshov said on Saturday. "If additional people are not involved
Kingspan's Mike Stenson has ushered the building materials giant through multiple complicated stages of investing in war-time Ukraine, as it seeks to build a $300 million multi-factory manufacturing campus near the western city of Lviv that will help propel the reconstruction of the country. Stenson, the
Global building materials giant Kingspan said it will start building its first Ukrainian factory in the middle of this year, at least six months behind its initial projection, after completing the cumbersome bureaucracy needed to prep a $300 million project in Ukraine. "We are very close now to actually
Latvia's government has approved €5.7 million in funding for Ukraine's reconstruction efforts and the execution of development cooperation projects. Of the total, €2.7 million will be directed towards restoring social infrastructure facilities in Ukraine's northern Chernihiv region and €1.5 million for
Investments earmarked for Ukraine's reconstruction will not be enough to return the country's economy to its pre-war level by 2027, the Kyiv School of Economics (KSE) said in its latest macroeconomic handbook. As gross fixed capital formation (i.e., investment) over 2025-27 is projected
Ukraine's agricultural sector requires $56 billion for reconstruction over the next decade to replace machinery, restore production, and rebuild infrastructure, according to a report published by the Center for Food and Land Use Research. Agriculture is a mainstay of Ukraine's economy, constituting 11% of GDP and
The United Nations Development Programme (UNDP) in Ukraine, with financial support from the Spanish Agency for International Development Cooperation (AECID), has launched a project to renovate eight schools in Ukraine damaged by the war with a total budget of €4 million. Restoration efforts will prioritize light to medium repairs for
The Council of Europe Development Bank (CEB) has approved a total of €150 million in funding for two housing projects in Ukraine, the country's finance ministry said on Monday. Of the total, €50 million will be dedicated to a new project aimed at helping internally displaced persons (IDPs)
Dear reader, Here we bring you an excerpt from a recent edition of our premium newsletter. This excerpt is part of a Ukraine Rebuild Newswire series of chats and advice from foreign businessmen with extensive experience in Ukraine to the relative newcomers and companies that are just now considering joining
The Swiss Federal Council has approved negotiating an international treaty between Switzerland and Ukraine to create a legal basis that would allow Swiss private sector in participating in the reconstruction of Ukraine. Switzerland and Ukraine signed a memorandum of understanding at the World Economic Forum Annual Meeting in Davos that
HD Hyundai XiteSolution, the Korea-based manufacturer of heavy machinery, has opened a representative office in Ukraine's capital, as part of a strategy to support Ukrainian economy. During the opening ceremony, the company said it intends to participate in reconstruction projects and is exploring options for establishing production
