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."

Mr. Shmyhal noted that fruitful cooperation between Ukraine and USAID continues across all key areas. One of the recent initiatives is a partnership with Ukrzaliznytsia for its integration into the Trans-European transport network. $225 million will be allocated for the construction of a dual-track railway section spanning 75 km.

"We are also rebuilding hospitals and clinics to ensure universal access to medical services. Following the Russian invasion, 847 healthcare facilities have already been fully or partially restored," emphasized the Prime Minister.

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.

Ready to start? – Get in touch!
loading captcha...
Sending...