The EU guarantee supports the EBRD in loans to key Ukraine companies.

The EBRD and the EU have further strengthened their cooperation in helping Ukraine during wartime. The European Commission committed to providing guarantees to support €70M of recent EBRD loans to Ukrainian companies that provide vital services to the country’s real economy. These loans are part of the €1B in funding that the EBRD will invest in Ukraine in 2022. The EBRD, along with donors and partners, have committed €50M in liquidity support to Ukrainian Railways (UZ), and Farmak, the largest Ukrainian pharmaceutical manufacturer. To address the Ukrainian economy’s current needs, the EBRD is prioritizing five areas: trade finance, energy security, vital infrastructure, and food security, which covers the provision of liquidity to farmers and food retailers.