SCHNEIDER GROUP News

Germany and the European Investment Bank (EIB) have allocated a €20 million grant to support the development of renewable energy in Ukraine

14/12/2023
The Federal Ministry for Economic Affairs of Germany, the European Investment Bank, and the Ministry of Reintegration of Ukraine have agreed to sign a €20 million grant for the implementation of the Renewable Energy Solution Programme (RES).

The government has adopted two resolutions to attract over €12 million in grant funds for the reconstruction of Ukraine

14/12/2023
Prime Minister Denis Shmyhal announced, "The first decision involves amendments to the grant agreement with the European Investment Bank for the modernization of the water supply and wastewater system in Mykolaiv. The grant amount will be increased from €5 million to €8 million. The second decision is to attract €4.5 million in grant funds from the EBRD and the International Development Association for the repair of damaged housing."

The European Investment Bank (EIB) allocates over €20 billion for investments in various sectors across Europe, including logistical capabilities in Ukraine

13/12/2023
The European Investment Bank has approved €20.4 billion in new financing for investments in energy, transportation, business, education, water management, and regional development in Europe and worldwide. This includes the approval of new funding for the reconstruction of roads and bridges in Ukraine and the improvement of railway routes to Ukraine and Moldova.

Ukrainian Parliament has passed a law criminalizing the smuggling of goods and excisable products, as well as the false declaration of goods

13/12/2023
On December 9, 2023, the Verkhovna Rada of Ukraine adopted in its entirety Draft Law No. 5420 on amending the Criminal Code of Ukraine and the Criminal Procedure Code of Ukraine, aimed at criminalizing the smuggling of goods and excisable goods.

Ukraine and its partners are actively engaged in the country's recovery efforts, allocating funds and launching various programs

29/11/2023
Ukraine and Germany have signed agreements for the provision of €41.2 million to implement the project "Housing for Internally Displaced Persons" and create energy-efficient housing for displaced individuals.
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About SCHNEIDER GROUP

Since 2006 SCHNEIDER GROUP has been supporting international companies expanding to Ukraine. Our portfolio includes a full scope of services: from market analysis and partner search to complete accounting outsourcing, legal and tax consulting, and interim management services. We take over all non-core business functions so that our clients can focus on developing their business. We help our clients establishing subsidiaries in Ukraine compliant with local legislative requirements and transparent for international management. Our experts offer advice on best practices to optimise processes, reduce risks and minimise costs.

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