Category Archives: Ukraine

Press Releases & News from Ukraine distributed via EuropaWire

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