Weekly digest of news on investment and business development in Ukraine and the world from UkraineInvest

Weekly digest of news on investment and business development in Ukraine and the world from UkraineInvest

The Strategic Investment Council under the Government of Ukraine will approve the list of public investment projects for 2025 – Prime Minister of Ukraine.
The Strategic Investment Council was created to set priorities and prepare a single portfolio of public investment projects. This is necessary for effective communication with partners providing Ukraine with financial resources to implement these projects.
http://surl.li/ueuhzs

Ukraine begins accepting applications for state support for industrial parks.
UAH 1 billion has been earmarked in the state budget for this purpose. Industrial parks can apply for up to UAH 150 million of state funding on a co-financing basis. Applications can already be submitted to the state-owned Ukreximbank, and will later be accepted by Oschad and Ukrgasbank.
http://surl.li/rhnrui

NBU has provided direct access for foreign investors to finance Ukraine’s reconstruction.
The National Bank of Ukraine has updated the regulatory framework to ensure direct access for foreign investors to market debt instruments (other than government securities) for the reconstruction and rehabilitation of Ukraine.
http://surl.li/slxhjn

Dalgakıran Kompresör has invested UAH 400 million in a plant for the production of industrial power equipment in the Kyiv region.
A Turkish company has invested UAH 400 million to launch a plant in Bilohorodka (Kyiv region). The construction project was started before the start of the large-scale Russian aggression and has now been completed thanks to the Turkish investment. The investment in the factory and office will create 50 new jobs.
http://surl.li/crpgaw

The European Commission has agreed to disburse EUR 4.2 billion to Ukraine under the Ukraine Facility.
The Commission has concluded that Ukraine has satisfactorily implemented nine reform indicators related to the first regular disbursement in support of the Ukraine Plan, the Ukraine Reform Strategy and the Investment Strategy for the next four years. These reforms cover public financial management, management of state-owned enterprises (SOEs), business environment, energy and mine action.
http://surl.li/cjjepu

Euroclear, the international custodian, will make the first contribution of around EUR 1.55 billion to the European Fund for Ukraine.
In the first half of 2024, Euroclear received EUR 3.4 billion in interest income from the investment of blocked russian assets. In 2023 this income was approximately EUR 4.4 billion and in 2022 EUR 821 million. Euroclear’s total interest income in the first six months of this year was EUR 4 billion.
http://surl.li/jqbwzq

MaPanda, a Ukrainian gamified learning and therapy startup for children, has raised USD 1.3 million in investment.
The startup is developing a gamified learning and therapy tool for children aged 3-9. MaPanda’s platform is suitable for teaching foreign languages, logic, mathematics, as well as school readiness, social skills, emotional intelligence and creativity.
http://surl.li/bxojuh

Ukrainian AI startup Assisterr has raised USD 1.7 million in investment.
The company enables developers to create their own niche AI models based on the infrastructure built by Assisterr. At the same time, registered users of the platform can feed their own data into the model of their choice. Assisterr relies on small language models rather than large language models, which require less data and can run at the edge – on mobile devices, laptops or small servers.
http://surl.li/pchavw

Ukrainian startup CheckEye, which uses AI to help preserve sight, has entered the German market.
CheckEye, a Ukrainian medical platform that uses artificial intelligence to detect signs of diabetic retinopathy, has launched in Germany. The startup’s cooperation with German Gesundheitskiosk24 started in Heidelberg and will soon be available across the country.
http://surl.li/sadtnt

Japan will provide a USD 3.3 billion loan to Ukraine as part of G7 support, using interest from russian state assets frozen under sanctions for the attack on Ukraine.
The United States and the European Union are expected to provide USD 20 billion each, while Japan, the United Kingdom and Canada will share the remaining USD 10 billion. The G7 intends to launch the project by the end of this year. It should be noted that France, Germany and Italy are unlikely to participate in the lending programme as the EU already has a similar support plan.
http://surl.li/jepwba

Ukrzaliznytsia will receive EUR 43 million from the EU for European integration projects.
The project for the integration of the Ukrainian railway system into the EU transport system includes the improvement and development of Ukrainian railway lines to increase capacity. The total budget of the programme is EUR 85.91 million, but the EU’s Connecting Europe Facility (CEF) programme will provide EUR 42.95 million.
http://surl.li/gmixfs

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