This is a weekly digest of news about investment and business development in Ukraine from the UkraineInvest team

This is a weekly digest of news about investment and business development in Ukraine from the UkraineInvest team

The Superhuman Centre has received a USD 25 mln political risk insurance package from the US International Development Finance Corporation (DFC).

The Centre provides free prosthetics, rehabilitation, surgery and psychological support, bringing hope and healing to the people of Ukraine.

OKKO invests EUR 20-22 mln in energy storage with a capacity of 20 MW.

OKKO Group is investing EUR 20-22 mln in a 20 MW energy storage facility. Initially, the company plans to provide ancillary and balancing services to the Ukrainian power system. The expected payback period is 7 years.

The EU has finally approved a four-year, EUR 50 bln support programme for Ukraine.

This is the Ukraine Facility, which will help our government finance the budget deficit, increase investment in our economy and accelerate our EU membership.

The OECD will help benchmark investment incentives against international best practice.

The Ministry of Economy and the Organisation for Economic Co-operation and Development (OECD) have started working together to analyse existing investment incentives and discuss ways to improve and streamline the investment-related regulatory environment.

Dragon Capital has launched an industrial park in Lviv, insured by the World Bank.

The park is located in Lviv’s Ryasne-2 industrial zone, on the M10 motorway, 60 km from the Krakovets checkpoint on the border with Poland.

Ukraine has received a USD 760 mln grant from Japan and Norway. 

The funds were transferred to the Ukrainian budget through the World Bank’s PEACE in Ukraine mechanism and will be used to cover priority state budget expenditures.

EUR 1 mln: 100 Ukrainian companies to receive grants from the EU and Germany. 

Under the EU4Business programme, funded by the European Union and the German government, 100 micro, small and medium-sized enterprises in Ukraine with export potential and innovative capacity can receive grants of up to EUR 10,000 each to help them recover, develop and increase their resilience in times of war.

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