(IN BRIEF) The European Investment Bank (EIB), under the leadership of President Nadia Calviño, has launched the Ukraine Energy Rescue Plan to provide urgent energy assistance to Ukraine ahead of the winter season. The plan outlines a potential investment of … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Ukraine
Tagged EIB, Energy Rescue Plan, Nadia Calviño, partnership, Sergii Marchenko, sustainability, Teresa Czerwinska, UKRAINE, Valdis Dombrovskis, Winter Challenges
(IN BRIEF) Ukrainian companies are leading green innovation despite the challenges of war, with support from the EBRD, EU, and Greencubator through the Climate Innovation Vouchers programme. Pipes.one has developed a mobile factory that reduces emissions and costs by producing … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Management, News, Technology, Ukraine, United Kingdom
Tagged EBRD, EU, Nick Oseyko, partnership, sustainability, UKRAINE, Ukrainian Innovators, Victoria Oseyko, war
(IN BRIEF) Ukrgasbank and PrivatBank are the first two Ukrainian banks to join the European Bank for Reconstruction and Development’s (EBRD) Energy Security Support Facility (ESSF), unlocking €700 million in loans for energy security projects. The EBRD will provide risk-sharing … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Small Business, Technology, Ukraine, United Kingdom
Tagged EBRD, energy security, partnership, PrivatBank, sustainability, UKRAINE, Ukrgasbank
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has introduced new guarantees to unlock €690 million in loans for Ukraine’s critical industries, including food security and energy, through partnerships with Ukrainian banks such as PrivatBank, Ukrgasbank, KredoBank, and … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Ukraine, United Kingdom
Tagged Bank Lviv, EBRD, KredoBank, partnership, PrivatBank, sustainability, UKRAINE, Ukrgasbank
(IN BRIEF) Two schools in Vinnytsia Oblast, Ukraine, have reopened after energy-efficient renovations funded by the European Investment Bank (EIB) under the Ukraine Recovery Programme. These upgrades, benefiting over 700 students and staff, reduce CO2 emissions and energy consumption while … Read the full press release
Posted in Banks, Business, Education, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology, Ukraine
Tagged Education, EIB, EU, partnership, renovation, SCHOOLS, sustainability, Teresa Czerwinska, UKRAINE, Vasyl Shkurakov, Vinnytsia Oblast
(IN BRIEF) Pikart Lights, a Ukrainian lighting company based in Lviv, has overcome the challenges of Russia’s invasion with support from the European Bank for Reconstruction and Development (EBRD) and the EU. The company’s investment in new moulding technology has … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Ukraine, United Kingdom
Tagged Andriy Chuba, EBRD, partnership, Pikart, sustainabilty, UKRAINE
(IN BRIEF) Austrian retailer BILLA provided free packed lunches to 44 Ukrainian children from Kharkiv and Odessa during their holiday in Austria, organized by Österreichische Kinderfreunde in collaboration with the Ukrainian Embassy. The children, who spent time in Carinthia and … Read the full press release
Posted in Austria, Business, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Management, News, Retail, Ukraine
Tagged Austria, BILLA, Daniela Gruber-Pruner, Free Meals, Ludmil Krastev, partnership, retail, REWE International, sustainablity, Ukrainian children
(IN BRIEF) The EBRD is lending €70 million to Ukraine’s Nova Post to support its 2024 expansion plans, which include enhancing delivery services and building over 600 bomb shelters. The loan will help Nova Post maintain operations during wartime, support … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Transportation & Logistics, Ukraine, United Kingdom
Tagged Arvid Tuerkner, delivery services, EBRD, Nandita Parshad, Nova Post, partnership, Petro Fokov, sustainability, UKRAINE, Wartime Challenges
(IN BRIEF) Rheinmetall has secured a contract with the Ukrainian Ministry of Defence to deliver eight additional Forward Surgical Team stations, enhancing Ukraine’s medical response capabilities on the front lines. The order, valued in the mid-double-digit million-euro range, is part … Read the full press release
(IN BRIEF) Rheinmetall’s new contract for the construction and operation of an ammunition factory in Ukraine signifies a major development in the country’s defense and industrial capabilities. With a substantial investment and a strong partnership with local entities, Rheinmetall is … Read the full press release
Posted in Business, Defence, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Technology, Ukraine
Tagged Ammunition Factory, Armin Papperger, partnership, Rheinmetall, UKRAINE
(IN BRIEF) The European Investment Bank (EIB) Group has committed over €450 million to support Ukraine’s energy infrastructure ahead of the upcoming winter, including funding for the reconstruction of hydropower plants, electricity grid repairs, and district heating network restoration. Additionally, … Read the full press release
Posted in Banks, Energy, Gas & Oil, European Union, Financial, Government, Infrastructure & Utilities, Investment, Luxembourg, Ukraine
Tagged anti-drone shelters, BNP Paribas Group, Brussels, Business Support, Citibank Ukraine, district heating networks, economic resilience, EIB Group, EIB Group President, EIB guarantees, EIF, electricity grid infrastructure, energy system resilience, EU companies, EU foreign ministers, EU-Ukraine trade, EU4Business Guarantee Facility, European Investment Bank, European Investment Fund, export-credit guarantee, Foreign Affairs Council, hryvnia, hydropower plants, InvestEU programme, loans, local-currency lending, MSMEs, Nadia Calviño, partial portfolio guarantees, revolving credit facility, Russian attacks, Sergii Marchenko, UKRAINE, Ukrainian banks, Ukrainian businesses, Ukrainian energy infrastructure, Ukrenergo, UKRSIBBANK, winter support, €300 million, €450 million
(IN BRIEF) The European Investment Bank (EIB), as part of the €340 million Ukraine Recovery Programme, has renovated Bucha’s water supply facility, providing clean drinking water to 9,000 residents. Damaged during the Russian invasion, the upgraded facility now features advanced … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Ukraine
Tagged Anatoliy Fedoruk, Bucha Water Supply Facility, clean drinking water, EIB, Jaco Cilliers, partnership, Rémi Duflot, Ruslan Kravchenko, Sergii Marchenko, sustainability, Teresa Czerwinska, UKRAINE, Vasyl Shkurakov
(IN BRIEF) Algorithmic trading firm XTX Markets has announced a significant £510k donation to the University of Liverpool through its Academic Sanctuaries Fund, aimed at supporting Ukrainian academics and students affected by the ongoing conflict. The generous funding will facilitate … Read the full press release
(IN BRIEF) The Warsaw Ukrainian School (SzkoUA) receives the prestigious CEB Award for Social Cohesion for its outstanding efforts in integrating refugee children from Ukraine, offering a dual Ukrainian-Polish curriculum and prioritizing mental well-being through access to psychological support. Established … Read the full press release
Posted in Awards, Banks, Business, France, Iceland, Industrial, Management, News, Poland, Politics, Ukraine
Tagged Antonina Michałowska, Awards, CEB, CEB Award, Christos Giakoumopoulos, Oksana Kolesnyk, Poland, refugee children, UKRAINE, Warsaw Ukrainian School
(IN BRIEF) In response to recent attacks by Russia on Ukraine’s energy infrastructure, the European Bank for Reconstruction and Development (EBRD) has pledged over €300 million in additional funding to support the country’s state-owned energy companies. This commitment, formalized through … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Ukraine, United Kingdom
Tagged Denis Shmyhal, EBRD, ENERGY, Odile Renaud-Basso, partnership, sustainability, UKRAINE, Ukrenergo, Ukrhydroenergo, Ukrnafta
(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
Posted in Banks, European Union, Financial, Government, Infrastructure & Utilities, Investment, Luxembourg, Ukraine
Tagged EIB, EU for Ukraine Initiative, EU funding, EU integration, EU4U Initiative European Union funding, European Investment Bank, Nadia Calviño Denys Shmyhal Valdis Dombrovskis, SMEs, UKRAINE
(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
Posted in Banks, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Transportation & Logistics, Ukraine
Tagged acquisition, Andriy Sadovyi, EIB, Henrik Huitfeldt, Jean-Erik de Zagon, Lviv, Oleksandr Kubrakov, partnership, sustainability, Tram Fleet, UKRAINE, Urban Mobility Upgrade, Volodymyr Kovaliv
(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
Posted in Business, Defence, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Technology, Ukraine, United Kingdom
Tagged Anna-Lee Reilly, BAE Systems, cyber security, Gabby Costigan, L119 Light Guns, partnership, President Zelenskyy, UK Ministry of Defence, UKRAINE
(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
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Ukraine, United Kingdom
Tagged EBRD, investments, partnership, Soha El-Turky, sustainability, UKRAINE
(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
Posted in Banks, Business, Economy, Environment, Financial, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Poland, Science, Technology, Ukraine, United Kingdom
Tagged acquisition, EBRD, expansion, Farmak, Frederic Lucenet, investment, partnership, Poland, sustainability, UKRAINE
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