The Polish export credit agency, for the first time, has insured an investment in Ukraine. KUKE, Poland’s export credit agency, insured a Polish company’s production complex in Ukraine for more than $45 million. This is the first cooperation between KUKE and the World Bank Group... #InvestmentsinUkraine #KUKE #MIGA #URC2024 #WarRiskInsurance
Ukrainian small and medium-sized businesses will receive €7B in international aid. Last week, the first meeting of the Small and Medium Business (SME) Sustainability Alliance, created in June during URC-2024 with the participation of Ukraine, 12 other countries and 17 development in... #InternationalAid #SupportBusiness #ukrainianbusiness #URC2024
Bankers predict an interest rate decrease for business loans in Ukraine. Following the NBU’s reduction of the discount rate to 13% and the introduction of its lending strategy, banks will be able to significantly reduce interest rates on loans for enterprises in strategic ... #CreditPortfolio #financeUkraine #GlobusBank #InterestRate #LoansforBusiness #URC2024
The pharmaceutical industry seeks to attract hundreds of millions of dollars of investment. The volume of foreign investment in the production of pharmaceutical products in Ukraine is estimated to be at least several hundred million dollars, according to the Ministry of Economy of Ukraine. I... #Darnytsia #investments #MedicineProduction #PharmaceuticalCompany #URC2024
URC2024 results: G7+ will provide $1B in aid to Ukraine’s energy sector, and projects worth €16B announced at the conference. At a high-level meeting of the G7+ Coordination Group on Aid to Ukraine’s Energy Sector in Berlin, Ukraine’s allies announced additional aid for Ukraine’s energy sector totaling more than ... #EnergySupportFund #energyukraine #G7 #SupportUkraine #UkraineRecovery #URC2024
The DFC will help Ukraine to develop an affordable housing market. The Ministry of Economy, the American International Development Finance Corporation (DFC), and Citibank signed a memorandum on the development of the mortgage lending market in Ukraine. The Minister o... #AffordableMorgagesUkraine #DenysShmyhal #DFC #eOselya #MortgagesUkraine #URC2024 #YuliyaSvyridenko
The US Department of State believes Ukraine can become a natural green energy bank for the EU. US Assistant Secretary of State for Energy Resources, Geoffrey Pyatt, stated at the Ukraine Recovery Conference in Berlin: “We need to change the paradigm of how we see Ukraine’s energy fu... #EnergyIndependence #GeoffreyPyatt #hydrogenEnergy #RenewableEnergy #UkraineEnergy #URC2024
The EIB is strengthening its support for Ukraine’s recovery and economic development. The European Investment Bank has announced several support programs at URC2024 in Berlin. The EIB Group is preparing two programs to restore Ukraine’s housing stock. The first is a €230M initiat... #EIB #HousingModernization #UkraineReconstruction #UkraineRecovery #URC2024
The EC forecasts Ukraine’s GDP growth to be 6.2%, subject to the implementation of the Ukraine Plan for the Ukraine Facility program. This forecast was shared by Marlene Madsen, a top European Commission official, during URC2024 in Berlin. According to her, the selection and schedule of crucial reforms are very important. Emphasis s... #GDPinUkraine #MarleneMadsen #ReformsinUkraine #UkraineEconomy #UkraineFacility #URC2024
The EC will create an equity fund to promote Ukraine’s recovery. German Chancellor Olaf Scholz reported that his country and its European partners are already defining decisive guidelines and essential prerequisites for Ukraine’s successful recovery. “Recover... #Germany #OlafScholz #UkraineRecovery #URC2024
The world’s largest insurance broker announced an unprecedented $350M war risk insurance program in Ukraine. Insurance company Aon announced the launch of an $350M war risk insurance program in Ukraine during URC2024. It is designed to simplify Ukraine’s attraction of foreign investment during the war.... #AON #ARX #DFC #MilitaryRiskInsurance #ScottNathan #URC2024
The US special representative for Ukraine’s economic recovery explains why foreign businesses should invest in Ukraine. Despite the war, Ukraine has great potential for foreign investment right now, backed by security guarantees from the West, US Special Representative for Ukraine’s Economic Recovery Penny Pritzker sai... #Foreigninvestments #InvestmentsinUkraine #PennyPritzker #UkraineRecovery #URC2024
URC2024: The preliminary results from the Ukraine Recovery Conference in Berlin. President Zelenskyy stated that, with the help of its partners, Ukraine will build up to one GW of gas-fired generator shunting capacity this year and another four GW in the coming years. The Chancell... #OlafScholz #PatriotSystems #SupportUkraine #UkraineFacility #URC2024 #UrsulavonderLeyen #Zelenskyy
In Berlin, Ukraine presented a $27B investment guide, and the EU launched the Ukraine Investment Framework. The Ministry of Economy of Ukraine presented its Investment Guide at the URC2024 in Berlin. The guide contains a detailed overview of key sectors – energy, transport and logistics, the agro-indu... #investments #UkraineFacility #UkraineInvestmentFramework #UkraineRecovery #URC2024 #YuliyaSvyridenko
UDP plans to build a shipbuilding industrial park. The Ukrainian Danube Shipping Company (UDP) wants to create a modern industrial park in Kiliya using its ship repair facility as a foundation. The company believes that the UDP plant in Kiliya is one ... #DanubeShippingCompany #IndustrialPark #investments #Kiliya #UkraineShipBuilding #URC2024
The global business community has created an advisory board for Ukraine, which will work on improving the business climate and attracting investment. Representatives of the world’s leading companies and business associations who are interested in investing in the Ukrainian economy have created the Business Advisory Council. The council’s inau... #BusinessAdvisoryCouncil #investments #SiemensEnergy #UkraineEconomy #URC2024
