At the Reconstruction Conference, partners pledged almost EUR 260 million to Ukraine for reconstruction.
The European Bank for Reconstruction and Development (EBRD) is providing EUR 100 million of this amount. This money will be used to continue the government’s eRecovery programme. The conference also agreed on EUR 185 million for the restoration and development of the health sector, the conclusion of a EUR 100 million agreement between Ukraine and the Council of Europe Development Bank, and the allocation of EUR 100 million from the European Investment Bank for the modernisation of social services and the restoration of critical infrastructure.
http://surl.li/umbpl
The EU launches the Investment Framework for Ukraine: the first EUR 1.4 billion guarantee agreements are signed.
The new agreements consist of EUR 1 billion in loan guarantees and EUR 400 million in mixed grants.
http://surl.li/umbpn
Representatives of the world’s leading companies and business associations from the United States, Canada, the United Kingdom, Norway, the EU and Ukraine interested in investing in the Ukrainian economy have formed a Business Advisory Council.
The Business Advisory Council includes nearly two dozen CEOs of leading global companies and business associations from various countries – the United States, Canada, the United Kingdom, Norway, the EU and Ukraine. They include McDonald’s, Siemens Energy, Kawasaki Heavy Industries and Lloyd’s of London, Genesis, Northrop Grumman International, Orange Poland, Inditex, Canadian Imperial Bank of Commerce, Egis, Confindustria, VNO-NCW, Confederation of Netherlands Industry and Employers, Norwegian Confederation of Enterprises and Business Sweden.
http://surl.li/umbps
Voloshkove Pole Dairy Company has invested EUR 1.6 million in a new production line.
In Yuria, a new modern line for the production of glazed cheese curd was put into operation. The Lithuanian PAKMA automated line will enable the company to produce an additional 4,000 curds per hour. It will increase the production capacity of glazed cheese curds by 40%. This major investment was planned as part of Yuria’s 2024 modernisation programme and is a conscious decision at such a difficult time for the country.
http://surl.li/umbpw
Vitagro is attracting EUR 110 million in investment to increase the capacity of its biomethane plant.
The company will invest in the development of a biomethane plant in the Khmelnytsky region and increase its capacity by 5 million cubic metres when biomethane production starts.
http://surl.li/umbqa
VEON and Kyivstar have increased their investment commitments in Ukraine to USD 1 billion.
VEON, through its subsidiary Kyivstar, plans to increase its commitment to rebuilding Ukraine’s digital infrastructure to USD 1 billion over the five-year period from 2023 to 2027. The funds will be used to invest in network and digital services, including the potential acquisition or development of new assets, social contributions and partnerships.
http://surl.li/umbqh
A representative office of the French group AFD will start operations in Ukraine to provide financial support to Ukrainian businesses.
Ukraine and France have signed an agreement on the establishment and operation of the French Development Agency, the Society for Promotion and Participation in Economic Cooperation (PROPARCO) and Expertise France in Ukraine, which are part of the AFD Group.
http://surl.li/umbqo
Ukrainian and Japanese companies signed 23 agreements on economic cooperation.
The agreements cover infrastructure, energy, agriculture, unmanned aerial vehicles, affordable housing, waste recycling, health care, rehabilitation and prosthetics. The projects will receive EUR 188 million in technical assistance from Japan through UNIDO. It is planned to implement 30-40 projects with grants of up to USD 10 million per project. The Government of Ukraine and UNIDO have announced a call for proposals for Japanese companies.
http://surl.li/umbqy
Since the start of the large-scale invasion, Taiwan’s Acer has increased its share of the Ukrainian market to 20%.
The company’s main business in Ukraine is laptops, especially the Nitro and Predator lines. Acer is also a leader in the Ukrainian market for projectors and monitors.
http://surl.li/umbrg
43% of German companies in Ukraine are planning new investments.
Despite the war, German companies operating in Ukraine are optimistic about the economic situation in our country. 43% of German companies in Ukraine are planning new investments, according to international auditing firm KPMG, which conducted a survey of 142 companies in April and May in cooperation with the German-Ukrainian Chamber of Commerce and Industry.
http://surl.li/umbrj
Ukrainian exporters have free access to the SAP Business Network.
The platform makes Ukrainian products visible to hundreds of thousands of buyers around the world. To become a supplier in the business network, you do not need to be an SAP customer, the process of joining is simple by creating a standard account.
http://surl.li/umnnf
Uklon’s co-founders have invested USD 200,000 in Buntar Aerospace, a Ukrainian drone developer.
At the beginning of the year, an investment fund was set up using the founders’ funds, which they received as dividends from Uklon’s profits. The total size of the fund is USD 2 million. The aim is to invest in defence technology start-ups, technologies and products that will bring Ukraine closer to victory.
http://surl.li/umbrn
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