Lviv Invest Day Held in Warsaw: War-Risk Insurance Strengthens Investor Capital Protection

On 12 November, Lviv Invest Day took place in Warsaw — an annual investment forum organised by the Lviv City Council and White Star with the participation of UkraineInvest. The event was held within the framework of the ReBuild Ukraine 2025 exhibition, which brought together more than 5,000 participants from 33 countries.

The forum gathered around 80 participants, including representatives of international financial institutions (IFC, EBRD, EIB), investors (White Star, Daiwa House, Peikko Ukraine, Alterra), donor and government organisations (GIZ, CPVA, UN, SwedBusiness), as well as companies currently operating in Ukraine or exploring market entry.

Maryna Khlystun took part in the panel discussion “Private Investment During Wartime / Mechanisms for Investing in Ukraine” alongside Peter Huntley, CEO of White Star; Yuriy Tromsa, Managing Director of Peikko Ukraine; and Maksym Lozovskyi, CDO of Alterra Group. The Executive Director of UkraineInvest highlighted the strong investment potential of Lviv and the Lviv region, presenting successful cases from across Ukraine and emphasising that each region possesses unique competitive advantages. She noted that Lviv Invest Day provides valuable practical insights for other regional and municipal institutions seeking to shape and promote their investment profiles.

The discussion also focused on current government support programmes for investors in industrial production, energy, agri-food, extractives and light industry. Key instruments include the Made in Ukraine localisation programme, compensation of up to 30% of capital expenditures for projects valued above €12 million, opportunities within industrial parks, war-risk insurance mechanisms, and various financing programmes.

Maryna Khlystun outlined three pillars of Ukraine’s FDI attraction policy: reducing risks through legal and financial protections, implementing reforms to simplify procedures and align with EU standards, and catalysing investment through incentives and financing tools. She emphasised the growing importance of war-risk insurance: international mechanisms such as MIGA and DFC cover up to 90% of losses, while the Ukrainian ECA provides insurance for investments and loans. Together, these tools form a robust protection system for investor capital.

Following the panel discussions, the Lviv City Council signed four documents:

An agreement with PwC to develop a feasibility study for the Lviv Prosthetics Plant.
An agreement with White Star on the development of an industrial zone of approximately 120 hectares in Lviv.
An agreement supporting the expansion of the UNBROKEN Ukraine project, focused on the treatment and rehabilitation of wounded service members.
A memorandum on supporting critical infrastructure in cooperation with municipal utilities.

The total value of support under the signed documents amounts to several million euros.

As part of ReBuild Ukraine, the EU–Ukraine Investment Conference also took place, announcing new Ukraine Investment Framework (UIF) programmes worth €722 million, approved by the EU in October. These programmes are expected to mobilise around €2 billion in private investment across infrastructure, housing, municipal services and business support.

Among the announced measures was a €127 million Norwegian grant under the UIF to strengthen Ukraine’s energy security, complementing €800 million in EU support previously channelled through the EIB and EBRD.

UkraineInvest continues to expand its project pipeline, coordinate investor support, and ensure access to financial instruments provided by international partners — significantly broadening opportunities for private sector investment in Ukraine.