Category Archives: Ukraine

Press Releases & News from Ukraine distributed via EuropaWire

EIB and Ukraine Forge Strategic Partnership for Reconstruction and Growth

(IN BRIEF) The European Investment Bank (EIB) and the Government of Ukraine have solidified a strategic collaboration to bolster Ukraine’s reconstruction, recovery, and integration with the EU. This partnership, marked by a new memorandum of understanding (MoU), pledges €560 million … Read the full press release

Lviv Completes Urban Mobility Upgrade with New Tram Fleet Amid War, Thanks to EIB Loan

(IN BRIEF) Lviv, a city in western Ukraine, celebrates the successful implementation of a project aimed at enhancing urban mobility, marked by the acquisition of ten low-floor trams. Financed by a €17.4 million loan from the European Investment Bank (EIB), … Read the full press release

BAE Systems Awarded Contract to Maintain L119 Light Guns in Ukraine

(IN BRIEF) The UK Ministry of Defence has granted BAE Systems a contract to maintain and repair gifted L119 Light Guns in Ukraine, enhancing the efficiency of frontline operations. The L119 Light Gun, a favored system among Ukrainian forces for … Read the full press release

EBRD Posts €2.1 Billion Profit in 2023 Following Record Investments

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has reported a profit of €2.1 billion for 2023, marking a significant turnaround from the €1.1 billion losses incurred in 2022 due to the Russian invasion of Ukraine. The bank’s … Read the full press release

EBRD Invests €22 Million to Propel Farmak’s Expansion into Polish Market

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a €22 million loan to Ukrainian pharmaceutical giant Farmak Group to facilitate its strategic acquisition of a Polish pharmaceutical company and to upgrade its IT systems. Farmak, a … Read the full press release

EBRD Backs Ukrgasbank with €12.5 Million Facility to Boost Ukrainian Private Sector Amidst War

(IN BRIEF) Amidst ongoing conflict in Ukraine, the European Bank for Reconstruction and Development (EBRD) is providing a €12.5 million unfunded portfolio risk-sharing facility to Ukrgasbank, aimed at unlocking €50 million of fresh financing for the country’s private sector. Signed … Read the full press release

EBRD Extends €50 Million Facility to Oschadbank, Boosting Ukraine’s Private Sector Amidst War

(IN BRIEF) In a bid to bolster Ukraine’s private sector amidst the ongoing conflict, the European Bank for Reconstruction and Development (EBRD) is extending a €50 million unfunded portfolio risk-sharing facility to Oschadbank. This initiative aims to unlock €200 million … Read the full press release

EBRD and NBU Forge Partnership to Enhance Veteran Reintegration in Financial Sector

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the National Bank of Ukraine (NBU) have inked a Memorandum of Understanding aimed at bolstering human capital resilience in Ukraine by fostering greater accessibility of war veterans to the … Read the full press release

Germany Commissions Rheinmetall for Additional Marder Infantry Fighting Vehicles for Ukraine

(IN BRIEF) The German government has enlisted Rheinmetall to supply an additional 20 Marder infantry fighting vehicles (IFVs) to Ukraine, following a mid double-digit million Euro range contract placed in March 2024. Equipped with integrated laser range finders for enhanced … Read the full press release

Estonia Contributes €10 Million to EU Fund for Ukraine’s Recovery Amidst Russian Aggression

(IN BRIEF) Estonia has pledged €10 million to the European Investment Bank’s (EIB) EU for Ukraine Fund, part of a broader initiative aimed at addressing Ukraine’s urgent needs and sustaining its economic stability. With support from multiple donors, including other … Read the full press release

CEB Approves €1.3 Billion in Loans Across Europe for Social Sector Investments

(IN BRIEF) The Council of Europe Development Bank (CEB) has approved 11 new loans totaling €1.3 billion across various countries and sectors. These loans aim to address critical social issues such as microfinance, healthcare, education, and post-disaster reconstruction. Among the … Read the full press release

University of Liverpool and Sumy State University Celebrate Two-Year Partnership Milestone with Twinning Showcase and Academic Networking Event

(IN BRIEF) On the occasion of the two-year anniversary of their international partnership, the University of Liverpool and Sumy State University are hosting a Twinning Showcase and academic networking event. Coordinated by Cormack Consultancy Group and supported by various organizations … Read the full press release

EIB Signs MoU with Ukrhydroenergo to Boost Ukraine’s Energy Security

(IN BRIEF) EIB President Nadia Calviño hosted Ukrainian Prime Minister Denys Shmyhal at the EIB headquarters, marking a significant step in bolstering Ukraine’s energy security amidst ongoing challenges from the war. The meeting saw the signing of a Memorandum of … Read the full press release

EBRD First Vice President Reaffirms Support for Ukraine’s Economy Amidst War Challenges

(IN BRIEF) During his second visit to wartime Ukraine, the First Vice President of the European Bank for Reconstruction and Development (EBRD), Jürgen Rigterink, emphasized the EBRD’s ongoing commitment to supporting Ukraine’s real economy and reform agenda. With more than … Read the full press release

European Union Celebrates Second Anniversary of Ukraine-Moldova Electricity Grid Synchronisation Amidst Ongoing Support

(IN BRIEF) Today marks the second anniversary of the synchronisation of Ukraine’s and Moldova’s electricity grids with the Continental European Network, a critical achievement in light of concerns over energy security following Russia’s invasion of Ukraine in 2022. Completed in … Read the full press release

EIB and Ukrainian Government Collaborate on Reconstruction Efforts Amid Conflict

(IN BRIEF) The European Investment Bank (EIB) and the Ukrainian government join forces to advance reconstruction efforts in war-torn regions, allocating funds for critical infrastructure projects under the Ukraine Recovery Programme (URP) and the Ukraine Early Recovery Programme (UERP). With … Read the full press release

EBRD Invests €2.5 Million in Kyiv Medical University for New Campus Amidst Ukrainian Conflict

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is allocating €2.5 million to Kyiv Medical University (KMU) to establish a new campus in Poland, providing critical support amidst the ongoing conflict in Ukraine. With a strategic focus on … Read the full press release

Rheinmetall to Establish Ammunition Plant in Ukraine, Strengthening Defense Partnership

(IN BRIEF) Europe’s leading ammunition manufacturer, Rheinmetall, has announced plans to open a new plant in Ukraine through a joint venture with a local partner, aiming to produce a significant quantity of 155mm caliber bullets annually. The memorandum of understanding, … Read the full press release

EU-Funded Reconstruction Provides Housing for Displaced Ukrainians

(IN BRIEF) Under the “EU Support for Urgent Housing Needs for Internally Displaced Persons in Ukraine” initiative, a former boarding school dormitory in Kivertsi has been efficiently reconstructed to offer housing for displaced Ukrainians. With funding from the EU and … Read the full press release

Rheinmetall Donates €100,000 to Olena Zelenska Foundation in Support of Ukrainian War Victims

(IN BRIEF) Düsseldorf-based technology group Rheinmetall has pledged a donation of 100,000 euros to the Olena Zelenska Foundation in Kyiv, supporting humanitarian efforts for victims of the Russian war of aggression against Ukraine. The foundation, led by Olena Zelenska, wife … Read the full press release

EBRD Sets Investment Record of €2.1 Billion in Ukraine for 2023, Focusing on Recovery and Reconstruction

(IN BRIEF) In 2023, the European Bank for Reconstruction and Development (EBRD) marked a significant increase in investments in Ukraine, deploying a record €2.1 billion, following €1.7 billion in 2022. The EBRD’s investment efforts were directed toward supporting Ukraine’s recovery … Read the full press release

Enea Releases Report on Mobile Device Tracking in Modern Warfare, Highlighting Risks and Implications

(IN BRIEF) In its groundbreaking report, “Location Tracking on the Battlefield: Phones Under Fire,” Enea provides a comprehensive overview of various methods employed to gain military intelligence through tracking mobile devices on the battlefield, focusing on Ukraine. The report addresses … Read the full press release

EBRD Achieves Record Investments of €13.1 Billion in 2023, Focusing on Green Economy and Crisis Response

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) announced a significant milestone by delivering a record €13.1 billion in investments in 2023, marking a year of achievements and challenges. The bank reported record levels of investments, green financing, … Read the full press release

EU’s €3 Million Injection Powers Energy Efficiency in Ukrainian Public Buildings

(IN BRIEF) The European Investment Bank (EIB) has allocated €3 million to the Ukrainian government as part of the EIB Ukraine Solidarity Urgent Response package. The funds will be used to implement energy-saving renovations in 18 public healthcare and educational … Read the full press release

Empowering Ukrainian children with IT skills through Star for Life Ukraine

(IN BRIEF) In a time marked by disruptions in education for over 5.3 million children due to the ongoing war in Ukraine, Star For Life Ukraine, a non-profit organization, is dedicated to promoting informal tech education. The aim is to … Read the full press release

BAE Systems and AMS Collaborate to Provide Artillery Systems Support in Ukraine

(IN BRIEF) BAE Systems and AMS Integrated Solutions Ltd have entered into an agreement to jointly offer specialized support for artillery systems used in Ukraine, particularly those produced by BAE Systems. This partnership aims to provide repair and support services … Read the full press release

Crisis-Resilient Partnership: EBRD Grants €150 Million Loan to Ukrenergo for Ukraine’s Energy Security Amid Ongoing Conflict

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a €150 million sovereign-backed loan to Ukraine’s electricity transmission company, Ukrenergo, as part of a comprehensive effort to support Ukraine’s energy security amidst the ongoing conflict with Russia. … Read the full press release

European Investment Bank Welcomes EU Accession Negotiations with Ukraine, Moldova, and Candidate Status for Georgia

(IN BRIEF) The European Investment Bank (EIB) applauds the European Council’s decision to initiate EU accession negotiations with Ukraine and Moldova, while also granting candidate country status to Georgia. EIB President Werner Hoyer emphasizes the positive impact of enlargement on … Read the full press release

Ukraine Receives €133 Million from European Investment Bank to Repair Damaged Hydro Power Plants

(IN BRIEF) The European Investment Bank (EIB) has disbursed €133 million to Ukraine for the Hydro Power Plants Rehabilitation Project, carried out by Ukrhydroenergo, the country’s largest hydropower generating company. This funding aims to support the restoration and repair of … Read the full press release

Rheinmetall Wins €142 Million Contract to Supply Artillery Ammunition to Support Ukraine

(IN BRIEF) Rheinmetall, a Düsseldorf-based tech enterprise, has secured a significant order to provide artillery ammunition in support of Ukraine’s defensive efforts. The contract, valued at approximately €142 million, involves the supply of tens of thousands of 155mm artillery shells, … Read the full press release

Vestas and DTEK Collaborate to Expand Tyligulska Wind Project in Ukraine

(IN BRIEF) In a significant move during COP28, Vestas and DTEK have signed a Memorandum of Understanding (MOU) to advance the second phase of the Tyligulska wind project in southern Ukraine. This MOU outlines their intention to develop an additional … Read the full press release

Sweco’s Expertise to Bolster Drinking Water Infrastructure in Ukraine

(IN BRIEF) Sweco, an engineering and architecture firm, is collaborating with Kremenchuk City Council and its water company to enhance the potable water supply for the city’s 220,000 inhabitants in Ukraine. Funded by Swedfund, the project aims to improve water … Read the full press release

EIB Launches Regional Hub in Kyiv and Commits €450 Million to Support Ukraine’s Recovery and Resilience Initiatives

(IN BRIEF) The European Investment Bank (EIB) President Werner Hoyer and Vice-President Teresa Czerwińska visited Kyiv to reaffirm the EIB’s commitment to Ukraine. During the visit, they inaugurated the EIB Regional Hub for Eastern Europe in Kyiv, strengthening support for … Read the full press release

EBRD Lends €200 Million to Naftogaz for Strategic Gas Reserves, Bolstering Ukraine’s Energy Security Amidst Conflict

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending a €200 million loan to Ukraine’s state-owned gas entity, Naftogaz (NAK), to support the establishment of strategic gas reserves during the second winter heating season since the Russian … Read the full press release

AFRY Advocates Collaborative Efforts for Ukraine’s Reconstruction at ReBuild Ukraine Conference

(IN BRIEF) Global engineering and advisory firm AFRY recently participated in the 3rd International exhibition and conference ReBuild Ukraine powered by Energy in Warsaw, Poland. During the event, AFRY emphasized the need for collaborative efforts across sectors to facilitate Ukraine’s … Read the full press release

Czech and Ukrainian Police Disrupt Prolific Phishing Gang Defrauding Victims Across Europe

(IN BRIEF) Czech and Ukrainian police, with support from Europol and Eurojust, have dismantled a prolific phishing gang responsible for defrauding victims across Europe of tens of millions of euros. The criminal group, which primarily targeted Czech victims, conducted voice … Read the full press release

EIB Partners with Kyiv to Transform Urban Electric Transport System and Reduce Russian Dependency

(IN BRIEF) The European Investment Bank (EIB) and the city of Kyiv have signed a cooperation agreement to provide strategic advisory services for the transformation of Kyiv’s urban electric transport system. The partnership, supported by a €480,000 technical assistance grant … Read the full press release

U.S. Commits $1 Million to Eurojust’s ICPA in Support of Ukraine Aggression Prosecution

(IN BRIEF) The U.S. Department of State has pledged USD 1 million to support the International Centre for the Prosecution of the Crime of Aggression Against Ukraine (ICPA), hosted at Eurojust. Eurojust, the European Union’s agency for judicial cooperation in … Read the full press release

Ukraine Awards Rheinmetall Contract for Leopard 1 Systems and Support Services

(IN BRIEF) The Ukrainian government has entered into a contract with Rheinmetall, a German defense company, for the procurement of Leopard 1 systems. The contract includes 25 main battle tanks (Leopard 1A5), five armored recovery vehicles (Bergepanzer 2), and two … Read the full press release

German Government Awards Rheinmetall Contract for €400 Million Military Aid Package to Ukraine

(IN BRIEF) Rheinmetall has secured a contract from the German government to supply Ukraine with 100,000 rounds of 120mm mortar ammunition as part of a €400 million military aid package. The order, valued in the lower-three-digit million-euro range, will be … Read the full press release