At the Ukraine Recovery Conference in London, countries and organizations pledged about $60 billion in aid to support the reconstruction of Ukraine, Prime Minister of Ukraine Denys Shmyhal wrote on Facebook. “Last week, was marked by the Ukraine Recovery Conference in London, where Ukraine received practical results that strengthen our resilience and accelerate reconstruction. Financial…
The European Union, through the Connecting Europe Facility (CEF), will allocate funds to Ukrzaliznytsia JSC to develop border crossings with the Republic of Poland, Romania, the Slovak Republic and Hungary, Yevhen Lyashchenko, the chairman of the board of UZ, has announced. “Ukraine is actively working to integrate its railway infrastructure into the EU. We have…
Over 60 Moldovan entrepreneurs participated in the third edition of the Moldova Presents exhibition, inaugurated in the Brasov city, Romania, on June 23. President of Moldova’s Chamber of Commerce and Industry (CCI) Sergiu Harea said that, starting from 2016, the institution had been organizing, traditionally, the participation of domestic companies in the Moldova Presents exhibition…
The European Commission (EC) has offered EUR 65.9 million to the Central Transportation Hub (CPK) company for the construction of a high-speed railway line connecting Warsaw and Lodz in central Poland where the massive air, road and rail hub is to be built. “The EC has granted the Central Transportation Hub (CPK) company around PLN…
Minister of Energy of Ukraine German Galushchenko met with the Ministers of Foreign Affairs of Slovakia Miroslav Wlachovsky and Azerbaijan Jeyhun Bayramov at the Ukraine Recovery Conference in London. The key topic of the meetings was assistance to the Ukrainian energy sector from foreign partners. German Galushchenko thanked the friendly countries for their support, in…
The Ministry of Economy, together with international partners, has agreed to launch the Ukraine Recovery Guarantee Facility, which will help provide war risk insurance to the private sector. The programme will initially focus on trade insurance, but will later be expanded to include investment insurance. This was stated in a multilateral letter of intent signed…
The European Commission announced this week that the next phase of Rail Baltica in Estonia, Latvia and Lithuania would receive EUR 928 million from the Connecting Europe Facility (CEF). With this decision, the European Union is also supporting the modernization of air traffic management and the purchase of a new icebreaker as efforts related to…