Weekly digest of news on investment and business development in Ukraine and the world from UkraineInvest (16 – 20 December 2024)

Weekly digest of news on investment and business development in Ukraine and the world from UkraineInvest (16 – 20 December 2024)

The Verkhovna Rada of Ukraine has adopted amendments to the legislation on state support for investment projects with significant investments.
At the beginning of December this year, amendments to the Law of Ukraine “On State Support of Investment Projects with Significant Investments in Ukraine” entered into force. In particular, paragraph 4 of the first part of Article 5 of the Law has been revised. It now states that if an applicant and/or investor with significant investments has made such investments earlier than 18 months before submitting an application to the authorised body and the amount does not exceed 30% of the total amount required for the project, these investments will not be considered part of the calculation of significant investments for the implementation of the project.
http://surl.li/bryiyf

Ukraine has received EUR 4.1 billion from the EU – Denys Shmyhal.
This is the second regular disbursement under the Ukraine Facility programme.
http://surl.li/wdzkfc

State support and new investment opportunities in post-war Ukraine.
Interest in investing in the Ukrainian economy continues to grow. Currently, the value of investment projects being prepared for submission to the Ministry of Economy of Ukraine exceeds EUR 600 million.
http://surl.li/zwyikr

The EBRD and international broker Aon are launching a EUR 110 million war risk insurance programme in Ukraine.
The programme will initially cover cargo, vehicles and rail transport, with the potential to expand to other assets. The guarantee is expected to enable more than EUR 1 billion worth of goods and vehicles to be insured annually.
http://surl.li/okaefj

Ukraine’s economy grew by 4% in the first 11 months of 2024 – Ministry of Economy of Ukraine.
The growth drivers for 2024 remain the transport and construction sectors, manufacturing, and domestic trade.
http://surl.li/xeyowp

Ukraine presented its funding priorities for 2025 to JICA.
To date, the Agency’s assistance to Ukraine has reached USD 1.5 billion, including support for energy capacity development, the social sector, economic projects and humanitarian mine action.
http://surl.li/qgkbfh

The EU is urging European companies to withdraw from the russian market as soon as possible.
The directive is part of the 15th package of sanctions approved by the EU Council of Foreign Ministers.
http://surl.li/lnukgp

Ukraine is set to start producing Japanese Pickups.
A project to produce Japanese pickups using semi-knocked-down (SKD) assembly technology is to be launched in Ukraine. This is a joint venture between several Ukrainian manufacturers and a Japanese engineering company.
http://surl.li/bbfdzc

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