Tag Archives: UKRAINE

Edelvika: From Filter Bags to Fashion – Ukrainian Clothing Manufacturer’s Path to Success Amid Challenges

(IN BRIEF) Edelvika, a Ukrainian clothing and textile manufacturer, has undergone a remarkable transformation from primarily producing filter bags to focusing on fashion-related products, particularly traditional embroidered blouses called vyshyvanka. Despite the challenges posed by the war in Ukraine, the … Read the full press release

EBRD Achieves €3 Billion Investment Target to Support Ukraine Amidst Russian Conflict

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has successfully met its goal of deploying €3 billion in financing to Ukraine’s real economy in 2022-23 to mitigate the effects of the ongoing conflict with Russia. The investment focuses … Read the full press release

Multilateral Development Banks Collaborate to Simplify Procurement for Ukraine’s Reconstruction

(IN BRIEF) Four multilateral development banks, including the Council of Europe Development Bank (CEB), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), and the World Bank, have agreed to harmonize their procurement practices for public … Read the full press release

University of Warwick Strengthens Ties with Ukraine Through Educational Leadership Program

(IN BRIEF) The University of Warwick has solidified its connections with Ukraine by signing a Memorandum of Understanding (MoU) with the Ukrainian Leadership Academy and Ukraine’s Ministry of Education and Science. This agreement, signed by Stuart Croft, Vice-Chancellor of the … Read the full press release

Rheinmetall Supplies Ukraine with Advanced Mobile Field Hospital Worth €9 Million

(IN BRIEF) Rheinmetall has fulfilled its contract to provide Ukraine with a cutting-edge mobile field hospital, following an agreement with the German Ministry of Defence in September 2022. Valued at approximately €9 million, this state-of-the-art hospital consists of 32 beds, … Read the full press release

Rheinmetall to Supply 40 Additional Marder Infantry Fighting Vehicles to Ukraine

(IN BRIEF) The German government has awarded Rheinmetall a contract to deliver an additional 40 Marder infantry fighting vehicles (IFVs) to Ukraine. The order, placed in August 2023, is valued at a high double-digit million-euro sum. Rheinmetall is actively refurbishing … Read the full press release

Ukrainian Siblings Transform Family Yeast Business into Global Success Story

(IN BRIEF) Ukrainian siblings, Olena and Rostyslav Vovk, have transformed their family business, Enzym Group, from a Soviet-era yeast plant into a modern, diversified company. Enzym Group is now a market leader in the yeast industry and produces yeast food … Read the full press release

Ongoing Phishing Campaign Targets Zimbra Collaboration Users for Credentials, ESET Researchers Warn

(IN BRIEF) Security researchers at ESET have discovered an ongoing phishing campaign that targets users of the Zimbra Collaboration software platform. This campaign, active since April 2023, aims to collect user credentials by sending emails with phishing pages in attached … Read the full press release

Russian Emigrés Amplify Pleas of “I Want You to Live” through Art

(IN BRIEF) Russian emigrants opposing war have come together in the “Art of Peace” artist residency, backed by Campaigns for Humanity. This initiative facilitates connections among conflict-affected artists, providing a platform for expressing anti-war sentiments. Notable projects include “Road Signs,” … Read the full press release

EBRD Backs Ukraine’s Bank Lviv with Financial Package to Aid Micro, Small, and Medium-Sized Enterprises

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is offering a financial package to Ukraine’s Bank Lviv, consisting of a local-currency loan equivalent to €15 million and a €7.5 million risk-sharing instrument. This package will facilitate €30 million … Read the full press release

EBRD Expands Support to Ukraine’s KredoBank with €25 Million Guarantee Facility for Critical Industries and Food Security

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is expanding its cooperation with KredoBank, a subsidiary of PKO Bank Polski, to support food security and critical industries in wartime Ukraine. The EBRD provides a €25 million guarantee facility … Read the full press release

“Art Is Our Weapon”: Artists in Exile Deploy Their Talents in Support of Peace, Justice for Ukraine

Russian Anti-War Activists Unleash Creative Crusade Against War (IN BRIEF) A group of Russian activists living in exile has formed an artistic resistance movement within the Russian diaspora to oppose war. These activists, who are working artists with diverse specialties, … Read the full press release

EBRD Supports Dnipro City with €25 Million Loan for Essential Services Amid Refugee Influx

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a €25 million loan to Dnipro City in Ukraine to support the continuous provision of vital municipal services. Dnipro, Ukraine’s fourth-largest city, has experienced an influx of refugees … Read the full press release

Online Organizing Platform “Map of Peace” Emerges as Key Tool for Diaspora Activists

Map of Peace is an online platform that helps Russian-speaking anti-war activists by serving as a centralized hub for all their initiatives, maximizing the organizing capabilities of the massive global community The platform currently hosts 144 such initiatives and is … Read the full press release

2X Challenge Achieves Remarkable $16.3 Billion in Gender Lens Investments

(IN BRIEF) 2X Global, an initiative launched by Development Finance Institutions (DFIs), has exceeded its target of raising $15 billion in gender lens investments. From 2021 to 2022, the initiative raised a total of $16.3 billion, benefiting 473 businesses across … Read the full press release

EBRD and European Commission Join Forces to Enhance Moldova’s Rail Infrastructure

(IN BRIEF) EBRD and the European Commission have approved a financial package to rehabilitate railway lines in Moldova. The €71 million project will receive a €20 million investment grant from the EU, a €23 million loan from EBRD, and €28 … Read the full press release

G7 DFIs and EBRD Collaborate to Establish Ukraine Investment Platform for Reconstruction Efforts

(IN BRIEF) G7 Development Finance Institutions (DFIs) and the European Bank for Reconstruction and Development (EBRD) have announced the establishment of the Ukraine Investment Platform. This collaborative effort aims to support Ukraine’s reconstruction needs following the conflict. The platform will … Read the full press release

EBRD’s Trade Facilitation Programme wins Best Deal of 2022 Award for Ukraine Agricultural Machinery Import

(IN BRIEF) The European Bank for Reconstruction and Development’s (EBRD) Trade Facilitation Programme (TFP) has been awarded the Best Deal of 2022 by Global Trade Review for its deal supporting the import of agricultural machinery in Ukraine. The EBRD rolled … Read the full press release

Italy Joins Donor Efforts with €10 Million Grants to Boost EBRD Operations in Ukraine

(IN BRIEF) Italy and the European Bank for Reconstruction and Development (EBRD) have teamed up to support Ukraine and its people during the ongoing conflict. Italy has pledged grants worth up to €10 million to support the EBRD’s operations in … Read the full press release

EBRD’s investment grant supports Ukraine’s Electrotrans to purchase new trolleybuses

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is lending €10.6 billion to Electrotrans, the urban transport company for the western Ukrainian city of Khmelnytskyi, to purchase new trolleybuses and maintenance and diagnostic equipment. The project is part … Read the full press release

EBWE startet Initiative zur Unterstützung der wirtschaftlichen Integration ukrainischer Flüchtlinge in Kroatien

(IN KÜRZE) Die Europäische Bank für Wiederaufbau und Entwicklung (EBWE) hat in Kroatien ein technisches Kooperationsprojekt mit dem Ziel gestartet, die wirtschaftliche Integration ukrainischer Flüchtlinge, insbesondere Frauen, im Land zu unterstützen. Die Initiative, in Partnerschaft mit dem SVOJA-Verein und der … Read the full press release

EBRD Launches Initiative to Support Economic Integration of Ukrainian Refugees in Croatia

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has launched a technical cooperation project in Croatia with the aim of supporting the economic integration of Ukrainian refugees, particularly women, in the country. The initiative, in partnership with the … Read the full press release

Cersanit sichert sich von der EBRD ein Darlehen in Höhe von 42 Millionen Euro, um in polnische und ukrainische Betriebe zu investieren

(IN KÜRZE) Die Europäische Bank für Wiederaufbau und Entwicklung (EBRD) stellt Cersanit SA, einem führenden polnischen Hersteller von Keramikfliesen und Badezimmerausstattung mit einer bedeutenden Präsenz in der Ukraine, eine langfristige Finanzierung in Höhe von 42 Millionen Euro zur Verfügung. Die … Read the full press release

Cersanit secures €42m loan from EBRD to invest in Polish and Ukrainian operations

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing €42 million in long-term funding to Cersanit SA, a leading Polish ceramic tile and bathroom equipment manufacturer with a significant presence in Ukraine. The financing will enable Cersanit … Read the full press release

Spain reaffirms strategic partnership with EBRD to support Ukraine’s recovery

(IN BRIEF) Spain and the European Bank for Reconstruction and Development (EBRD) are working together to improve Ukraine’s food security and municipal sector. Spain has committed to providing guarantees worth up to €100 million to support EBRD’s operations in Ukraine’s … Read the full press release

Die EIB startet die „EU for Ukraine Initiative“ zur Unterstützung der Wiederaufbau- und Wiederaufbaubemühungen

(IN KÜRZE) Die Europäische Investitionsbank (EIB) hat die „Initiative EU für die Ukraine“ ins Leben gerufen, um die Wiederaufbau- und Wiederaufbaubemühungen in der Ukraine nach der massiven russischen Invasion im Jahr 2022 zu unterstützen. Die Initiative umfasst die Einrichtung eines … Read the full press release

EIB launches “EU for Ukraine Initiative” to support reconstruction and recovery efforts

(IN BRIEF) The European Investment Bank (EIB) has launched the “EU for Ukraine Initiative” to support reconstruction and recovery efforts in Ukraine, following the full-scale Russian invasion in 2022. The initiative includes the establishment of a Trust Fund to enable … Read the full press release

Bayer reaffirms commitment to Ukraine with €60 million investment in corn seed production

(IN BRIEF) Bayer, the life sciences company, has announced a €60 million investment in its corn seed production facility in Pochuiky, Ukraine, to strengthen its Crop Science business and contribute to rebuilding the economy of the country. The investment includes … Read the full press release

Ukrainian pharma company YURiA-PHARM acquires Uzbek firm Reka-Med with EBRD financing

(IN BRIEF) YURiA-PHARM, a leading Ukrainian pharma company, has acquired Reka-Med, a pharmaceutical company in Uzbekistan, with the help of €10 million of finance repurposed from an existing loan made by the European Bank for Reconstruction and Development (EBRD). The … Read the full press release

Loughborough University secures funding to continue twinning initiative with Ukrainian university

(IN BRIEF) Loughborough University has been awarded additional funding from UKRI’s Research England to continue its twinning initiative with Beketov National University in Ukraine. The project aims to support academics, students, and university leaders during the conflict in the region. … Read the full press release

Unilever montre son engagement à long terme envers l’Ukraine avec un investissement de 20 millions d’euros

(ACTUALITÉ EN BREF) Unilever a annoncé son intention d’investir 20 millions d’euros dans une nouvelle usine de fabrication de produits de soins personnels dans la région de Kiev en Ukraine. L’usine devrait ouvrir ses portes en 2024 et créera une … Read the full press release

Unilever shows long-term commitment to Ukraine with €20m investment

(IN BRIEF) Unilever has announced plans to invest €20m in a new personal care product manufacturing facility in the Kyiv region of Ukraine. The factory is set to open in 2024 and will create around 100 jobs, primarily manufacturing personal … Read the full press release

EBRD Discusses Challenges Facing Polish Banking Sector with National Bank of Poland

(IN BRIEF) Jürgen Rigterink, the First Vice President of the European Bank for Reconstruction and Development (EBRD), has visited Poland and Ukraine to meet private-sector clients and authorities. This trip underlines the EBRD’s continuing commitment to Poland and the Central … Read the full press release

CAMPAIGNS FOR HUMANITY: MARKETING AGENCY ANNOUNCES €10,000 AWARDS FOR RUSSIANS SUPPORTING UKRAINE

Digital marketing agency Renaissance3 marks one year of war in Ukraine by offering funding and technical assistance to bolster creative solutions to ongoing Russian aggression (IN BRIEF) Award-winning digital marketing agency Renaissance3 is seeking nominations for initiatives that aim to … Read the full press release

One Year Since the Invasion: New Series Highlights Everyday People Transformed by War into Heroes

Marketing agency bets on “heartbreaking, inspiring” campaign and offers €10,000 funding awards, and marketing support to galvanize fight for Ukrainian sovereignty (IN BRIEF) Digital marketing agency Renaissance3 launched a new campaign called “24 for 24” featuring 24 change makers, one … Read the full press release

EU finanziert große Wohnrauminitiative für Binnenvertriebene in der Westukraine mit Sweco an der Spitze

(IN KÜRZE) Sweco wurde ausgewählt, die Beschaffung zu leiten und den Bau von Wohnungen in sechs Städten in der Westukraine zu unterstützen, um den Bedürfnissen von Binnenvertriebenen gerecht zu werden. Das von der EU geförderte Projekt zielt auf die Bereitstellung … Read the full press release

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, … Read the full press release

Rheinmetall to deliver 26 high-mobility military trucks to Ukraine

(PRESS RELEASE) DÜSSELDORF, 22-Dec-2022 — /EuropaWire/ — Rheinmetall AG (ETR: RHM), a German integrated technology group active in the automotive and defence industries, has announced the delivery of 26 high-mobility military trucks to Ukraine. The brand new HX 8×8 logistic … Read the full press release

Rheinmetall va livrer 26 camions militaires à haute mobilité à l’Ukraine

(COMMUNIQUÉ DE PRESSE) DÜSSELDORF, 22-Dec-2022 — /EuropaWire/ — Rheinmetall AG (ETR : RHM), un groupe technologique intégré allemand actif dans les secteurs de l’automobile et de la défense, a annoncé la livraison de 26 camions militaires de mobilité vers l’Ukraine. Les … Read the full press release

Siemens repurposed its headquarters in Warsaw to accommodate refugees from Ukraine financed mostly by donations from its employees

Long-term accommodations for 160 people at Siemens headquarters in Warsaw First Ukrainian refugees have already moved in Siemens Caring Hands e.V. as a strong partner in fight against global (PRESS RELEASE) MÜNCHEN, 19-Jul-2022 — /EuropaWire/ — Siemens AG (ETR: SIE), … Read the full press release