Weekly digest of news on investment and business development in Ukraine and the world from UkraineInvest (3 – 7 February 2025)

Weekly digest of news on investment and business development in Ukraine and the world from UkraineInvest (3 – 7 February 2025)

USD 14 million will be invested in the construction of a furniture plant in Khmelnytsky.
Cabinet furniture manufacturer Accord Import (Khmelnytsky) will almost triple its production capacity by building a new factory in Khmelnytsky, creating 140 jobs.
https://surl.li/wdcttw

Sweden is investing EUR 4 million in a new project in Ukraine – ENSU27.
The project involves active work with four clusters in Ukraine to implement the National Waste Management Plan in Ukraine – in the regions of Ivano-Frankivsk, Odesa, Kharkiv and Poltava. The cooperation will involve 38 Ukrainian municipalities exchanging experiences with 40 Swedish municipalities and 16 waste management companies.
https://surl.li/nxfzvd

Huless, a Ukrainian developer of a communication system, has attracted USD 1 million in investment.
The team raised funds from international investors, a grant from Brave1 and a loan from a state-owned bank. The developer plans to use the funds to develop a mobile military communications ecosystem based on Highline-T drones.
https://surl.li/hwfffp

The Council of Europe Development Bank has approved an additional EUR 150 million for two housing projects in Ukraine.
In particular, a new EUR 50 million project for Ukraine has been approved to help internally displaced persons (IDPs) to build their own homes.
https://surl.li/jsakfn

Access to international finance through the Ukraine Investment Framework.
In 2024, the European Union approved the Ukraine Facility, an unprecedented EUR 50 billion support mechanism for Ukraine, which will support Ukraine’s macroeconomic development in the face of a full-scale war.
https://surl.li/vbtehf

The second phase of the KIT Industrial Park in Bucha is scheduled to be launched in September 2025.
The park will house the production of building materials, metal-plastic doors and windows. KIT will raise UAH 1.75 billion in private and credit funds for the construction.
https://surl.li/jphqnn

The Swiss State Secretariat for Economic Affairs (SECO) has launched a call for proposals for reconstruction projects in Ukraine.
Through this call for proposals, Switzerland will support projects by Swiss companies with a legal entity in Ukraine that respond to Ukraine’s recovery and reconstruction needs. The total budget of the call is CHF 50 million, with individual projects ranging from CHF 1 million to CHF 15 million.
https://surl.li/utmecu

The Re:inventex textile recycling line was launched in Irpin.
The initial investment in this project amounted to about UAH 30 million, part of which was a state grant of UAH 8 million for processing enterprises.
https://surl.li/qipbmq

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