What is being done, what needs doing, and who's doing it.
A consortium of British, Ukrainian and Dutch organizations secured GBP 16 million ($20 million) in funding from the UK government for a project that aims to up-cycle Ukraine's war-torn rubble into green building materials, the University of Leeds said in a press release. The group includes Rotterdam-based up-cycyling
The European Commission has called on private businesses to submit investment proposals of at least €50 million each that could form part of the European Union's €50 billion aid package for Ukraine. The call, valid for businesses from the EU or Ukraine, focuses on investment proposals on six
Finland will provide up to €50 million in loans to Ukraine in 2025 for reconstruction projects financed under the Finnish-Ukrainian Investment Fund (FUIF). Finland's Foreign Trade and Development Minister Ville Tavio and Ukraine's Finance Minister Sergii Marchenko on Tuesday signed a framework agreement on the funding,
India's Engineering Export Promotion Council (EEPC), which represents exporters and manufacturers of metal goods, machinery and other products, anticipates a surge in demand soon from the reconstruction of Ukraine, EEPC Chairman Arun Garodia said at a press conference on Tuesday, the Hindu Business Line reported. "Ukraine wants
The State Secretariat for Economic Affairs of Switzerland (SECO) and Kharkiv Сity Сouncil signed a memorandum of understanding aimed at involving the Swiss private sector in reconstruction efforts in the northeastern Ukrainian city. Through this partnership, Swiss businesses will assist in the partial repair of damaged civilian buildings in Kharkiv,
The International Chamber of Commerce (ICC), the world's largest business organization, will lower the costs of its arbitration court for foreign investors involved in reconstruction-related disputes in Ukraine, ICC Secretary General John Denton said. "The big issue for a foreign investor is clear access to dispute settlement,
Saint-Gobain, the French multinational construction materials supplier, has invested $11 million to build a factory in Ukraine with the capacity to make 60,000 tons of gypsum mixes per year. The factory, which opened this week in the Ivano Frankivsk region, will employ 50 people and produce produce gypsum mixtures
Ukrainian telecoms firm Ukrtelecom said the percentage of its internet customer base using fiber optic infrastructure for high-speed connections has doubled since the Russian invasion of February 2022. Some 68% of its internet customers are now on fiber optic cable connections, compared with 34% at the time of the full-scale
Women have been responsible for opening 59% of all new businesses in Ukraine so far this year, an increase from 56% last year, said Ukrainian Economy Minister Yulia Svyrydenko. At the same time, women received 61% of all grants under the government's Vlasna Sprava (Own Business) micro-grant program,
Private-sector business can be expected to account for a third of the investment needed to rebuild Ukraine after the war, with a focus on the agriculture, retail and energy sectors, a senior International Finance Corporation (IFC) official said. "With major reforms in such sectors as infrastructure, the private sector
The European Commission said on Wednesday that it aims to open talks "as soon as possible" next year on "fundamentals," one of the six main areas, or "clusters," up for negotiation as the country seeks to join the European Union. "The steady increase
Lithuania on Wednesday signed agreements with partners from Ireland, Italy, and Taiwan on financing and carrying out reconstruction projects in Ukraine, Lithuania's Foreign Ministry said in a press release. During the annual Lithuanian Development Cooperation Conference, the Foreign Ministry and the Embassy of Ireland in Lithuania signed a
After a year-long search, building materials giant Kingspan has acquired a plot of land near Lviv for its planned seven-factory manufacturing campus and expects to start clearing it early next year, a company official said.
