What is being done, what needs doing, and who's doing it.
Russian attacks in the second half of March damaged or destroyed five of the six thermal power plants owned by DTEK, Ukraine's largest private energy generator, and repairs will cost more than $300 million, the company said. Russian attacks against Ukraine's energy infrastructure since March 22
The regional council of Vinnytsia in central Ukraine signed an agreement with four South Korean companies including Sambu Engineering & Construction and manufacturer Taemyung Industrial to work on projects related to reconstruction and manufacturing. The Korean delegation also included The Codi, a manufacturer of semiconductor and display equipment, and Roze
European Parliament negotiators reached a provisional agreement with the European Commission to allow Ukrainian food producers tariff-free access to the European Union markets for another year. The lawmakers agreed to a Commission proposal to extend Ukraine's tariff-free status to June 2025 but managed to add oats, maize, groats
The European Investment Bank plans to lend Ukrhydroenergo, Ukraine's state-run hydropower generator, a further €100 million to replace equipment at three power plants, the company said. The loan, which still needs final approval from the EIB, will replace the hydraulic systems at the Kaniv, Kremenchuk and Dnipro hydropower
Ukraine's Cabinet approved a national program meant to form the basis for receiving €50 billion in European Union aid under the so-called Ukraine Facility assistance program. The plan sets out a series of structural reforms in public administration, the civil service, financial markets, audit and control, and other
The European Commission plans to provide a draft negotiating framework to the European Union member states next week as the next step in talks over Ukraine's accession to the union, Commission Vice President Valdis Dombrovskis said during a trip to Kyiv. "For next week, we are preparing
Skoda and Dacia thrived in the transition from communism to capitalism, while the Yugo crashed in infamy and the Trabant disappeared in a cloud of exhaust. As far as Eastern European vehicle history goes, Ukraine's boxy Luaz jeep appeared to die from neglect amid the chaos. However, like
Frozen Russian assets in the UK, Luxembourg and Switerland alone could pay for the reconstruction of Ukraine's transport infrastructure, including six civilian airports, at least 344 bridges and 25,000 kms of highways, Ukrainian Foreign Minister Dmytro Kuleba said. And such assets currently held in Germany, Austria, Ireland
Ukraine has rebuilt 23,000 apartment buildings and private houses and 600 schools that have been damaged or destroyed during the past two years of war, Prime Minister Shmyhal said in a weekend press conference. That means less than 15% of damaged homes and less than 18.6% of schools
Ukraine's economy grew at an annual pace of 3.5% in January, spurred by improvements in logistics and government spending, Economy Minister Yulia Svyrydenko estimated. An ease to shipping constraints in the Black Sea, expanded rail capacity and increased maritime cargo handling capabilities, plus an end to a
The Ukrainian government's economic policy in 2024 will focus on improving logistics in the country, boosting exports and drawing more foreign investment, Prime Minister Denys Shmyhal said. "First of all, we are expanding the geography of our exports," Shmyhal said at a Cabinet meeting. "We
Romania jumped to the top of the list of importers of Ukrainian agricultural products in 2023 as the Ukraine-Russia war prevented many traditional export routes, the national Institute of Agrarian Economics said. Romania imported $2.56 billion worth of Ukrainian agricultural goods in 2023, or 13% of Ukraine's
Onur Group, the Turkish construction firm, plans to invest $500 million inUkraine by 2030, doubling its current investment, as it participates in the reconstruction of the country and enters new areas of the post-war economy, Business Ukraine magazine reported. Emre Karaahmetoglu, the general coordinator of Onur Group's Ukraine
Kinsgpan, the multinational building materials manufacturer, aims to build up to seven factories in a single manufacturing campus in western Ukraine in the next two years and roll out its first Made-in-Ukraine products by 2026 for both the local market and export, a company official told Ukraine Rebuild Newswire. The
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 expected to
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
