What is being done, what needs doing, and who's doing it.
The State Secretariat for Economic Affairs of Switzerland (SECO) will on Jan 30 issue a call for proposals for Swiss companies operating in Ukraine to apply for co-funding of projects contributing to Ukraine's reconstruction and economic recovery under a previously announced CHF 500 million ($552 million) program. To
German company Knauf won the auction for a 20-year special permit for gypsum extraction at the Skoviatynske deposit in Ternopil region in Ukraine. The State Geology and Subsoil of Ukraine held the auction, which attracted two bidders, with Knauf offering UAH 121.05 million ($2.87 million), while the second
South Korea's tractor manufacturer TYM held a ceremony on Jan 17 at its Okcheon factory to send 20 tractors and their attachments to Ukraine in an inaugural shipment. The equipment — provided as humanitarian aid — will be shipped in the coming days and will be distributed among different Ukrainian
The Economic Court of Odesa has cancelled the UAH 1.6 billion ($37.9 million) agreement between the Road Department of the Odesa City Council and Avtomagistral-Pivden LLC for the reconstruction of the Ivanivskyi overpass. The court found that at the time of the agreement the Odesa City Territorial Community&
The UK and Switzerland are providing $500 million for a pilot project in Ukraine on prioritization in humanitarian demining, Ukraine's Economy Ministry said. The funding will be used to implement the pilot project in Ukraine's Kharkiv region to prioritize territories for humanitarian demining.
South Korea's association of small and medium-sized businesses MainBiz said on Wednesday it has signed a memorandum of understanding (MoU) with the Odesa Regional Council to cooperate on the reconstruction of Ukraine. Under the agreement, MainBiz and Odesa Regional Council committed to cooperation in the economy, trade, logistics,
South Korea has contributed $20.79 million to the United Nations Development Programme (UNDP) for early recovery and area-based development projects in Ukraine, the UN agency said. The funding marks a pivot from emergency humanitarian aid to early recovery initiatives in the war-affected regions of Zaporizhzhia, Sumy, and Kherson.
The European Investment Bank will use the DREAM platform, the state portal meant to organize the reconstruction of Ukraine, to allocate €100 million to support community recovery and development projects, DREAM said. Activities under the project include distributed generation facilities, municipal housing, water supply and sanitation, and healthcare.
The German building materials manufacturer Knauf has started construction of its second factory in Ukraine with an investment of €150 million, Dmytro Kysylevskyi, deputy chairman of Ukraine's parliamentary committee of economic development, said on Wednesday. The new plant, in Borshchiv in Ukraine's Ternopil region, will have
The Russian forces said they have captured the "important logistics hub" of Kurakhove in eastern Ukraine's Donetsk region. The capture of the key industrial town Kurakhove would deprive Ukraine of "the ability of shelling peaceful residents of Donetsk … with artillery systems," said the Russian
The United Nations Development Programme (UNDP) in Ukraine has partnered with the Ukrainian Ministry of Education and Science to analyze the country's educational infrastructure and develop a reconstruction concept for Ukrainian schools. The project, which included financial support from the German government, proposed improvements focusing on wartime challenges,
Japan's Minister of Land, Infrastructure, Transport and Tourism Hiromasa Nakano announced the establishment of a Coordination Council for the reconstruction of Ukraine, which will include Ukrainian and Japanese businesses. The announcement came during a meeting attended by Ukraine's Minister of Economy Yulia Svyrydenko in Japan, the
The Norwegian government will establish a "business presence" in Kyiv to support its companies looking to take part in the reconstruction of Ukraine, Norway's Ministry of Trade and Industry said. "The goal is to have a person in place as quickly as possible. The security
Swedish steel company SSAB and its subsidiary Ruukki Construction will donate roofing products for the reconstruction of houses in Ukraine for the third straight year this year. Ruukki is donating roof profiles, flashings, and fasteners to rebuild or repair war-damaged roofs in Ukraine's Mykolaiv region. The products, made
Ukraine is ready to sign a protocol to a trade agreement with the US in January 2025 to facilitate investments in the country, Ukraine's economy ministry said. "This is an important step towards creating a transparent business environment and attracting investment to Ukraine, especially in the context
The Swiss Senate has approved a CHF 96 million ($108.5 million) loan for the reconstruction of Ukraine. The funding will go towards the European Bank for Reconstruction and Development's €4 billion capital increase, which takes effect on December 31.
