EU Finances Major Housing Initiative for IDPs in Western Ukraine with Sweco at the Helm

(IN BRIEF) Sweco has been selected to lead procurement and support construction of housing in six cities in western Ukraine to help meet the needs of internally displaced people. The project, funded by the EU, aims to provide housing, heating, water, and electricity and will comply with European procurement norms. The project will start immediately and continue for two years in collaboration with local Ukrainian consultants. The client is Nefco, the Nordic Green Bank, acting as an implementing agency for the EU’s actions to support Ukraine.

(PRESS RELEASE) STOCKHOLM, 8-Feb-2023 — /EuropaWire/ —  Sweco (STO: SWEC-B), a European engineering consultancy company, announces that it has been selected to lead the procurement and support the construction of housing in six cities in Western Ukraine. The objective of the project is to quickly address the housing needs of internally displaced persons (IDPs) in the country, by providing them with access to essential amenities such as heating, water, and electricity.

The EU has decided to finance the construction of housing, schools, pre-schools, hospitals, and the repair of infrastructure in liberated cities in Ukraine, in response to the impact of the ongoing war. Sweco’s role in the project involves ensuring that the procurement process for contractors adheres to European norms and standards.

“It feels incredibly gratifying to contribute Sweco’s expertise in a concrete manner that enables meeting people’s basic needs, such as shelter, water, and electricity. Sweco has extensive experience in rapidly putting together and managing teams comprised of international and local players with the right skills to make this possible,” says Åsa Bergman, President and CEO of Sweco.

“We are pleased to see that the EU-funded action for IDPs’ urgent housing needs is now proceeding. We are committed to working towards a green recovery in Ukraine together with procured partners to ensure that Ukraine is rebuilt greener and better,” says Ulf Bojö, Vice President, Green Transition in Eastern Europe at Nefco.

The project will start immediately and is expected to continue for two years. Sweco will collaborate with local Ukrainian consultants throughout the project. The client for the project is Nefco, the Nordic Green Bank, which is an international financial institution established by the five Nordic countries. Nefco has a proven track record in financing municipal projects in Ukraine and serves as the implementing agency for the EU’s support initiatives in the country.

Sweco plans and designs the sustainable communities and cities of the future. Together with our clients and the collective knowledge of our 18,500 architects, engineers and other specialists, we co-create solutions to address urbanisation, capture the power of digitalisation, and make our societies more sustainable. Sweco is Europe’s leading engineering and architecture consultancy, with sales of approximately SEK 23 billion (EUR 2.2 billion). The company is listed on Nasdaq Stockholm. www.swecogroup.com.

Press contact:
Cecilia Strömmar, Head of Press, Sweco Group, +46 72 3939 903, cecilia.strommar@sweco.se

SOURCE: Sweco AB