The EC has announced the launch of the second phase of a competition to attract European businesses to Ukrainian recovery projects.

At the EU-Ukraine Business Summit, the European Commission revealed the initiation of the second round of the Call for Expressions of Interest under the Ukraine Investment Framework. This competition aims to encourage EU companies to invest in Ukraine’s reconstruction and economic development. The new round will extend until October 10 2025.

In the first round, which began in November 2024, companies from 21 countries submitted over 110 applications for various recovery projects in Ukraine. The Ukraine Investment Framework provides significant support for European investors, helping to mitigate risk, ensure access to financing, and establish transparent rules. The EC is continuing its efforts to draw European businesses into Ukraine’s reconstruction, particularly through collaborative projects with Ukrainian partners.

Additionally, the Steering Board of the Ukraine Investment Framework announced a call for applications for loans to micro, small, and medium-sized enterprises through banks, funded by international financial institutions.