The World Bank said it will launch a $593 million private sector development program in Ukraine to support 20,000 small and medium-sized enterprises (SMEs).
The Resilient, Inclusive, and Sustainable Enterprise (RISE) program will boost the efficiency of state support to SMEs with a focus on green competitiveness and help them preserve or create 40,000 jobs, the World Bank said in a press release.
Ukraine's private war-risk insurance market has expanded since the launch of its first large-scale commercial facility 18 months ago, with more than 1,000 industrial and commercial assets now quoted for coverage market-wide and more than 100 ultimately insured to date, according to FortuneGuard, the
The European Union should launch an initiative to help Ukraine attract major international companies by combining targeted investment incentives with stronger de-risking measures, according to a new report by the European Union Institute for Security Studies (EUISS). The proposed "Big on Board" initiative aims to mobilize the
Ukraine is considering a rail corridor through Moldova to the Romanian port of Constanța as an alternative to Black Sea shipping, as Russian strikes on Ukrainian ports increasingly disrupt grain exports, Reuters reported, citing unnamed sources. Kyiv has asked Moldovan authorities for a 50% discount on the standard freight rate,
