<\/p>\n\n\n\n
In terms of annual investment, Ukraine ranked third among the countries with which the bank cooperated.
In the context of the COVID-19 crisis, the European Bank for Reconstruction and Development (EBRD) supported Ukraine with investments in the amount of 812 million euros.<\/p>\n\n\n\n
“The European Bank for Reconstruction and Development has responded to the COVID-19 pandemic in Ukraine by providing 812 million euros in investments during 2020. In terms of annual investment, Ukraine ranked third among the Bank’s countries of operation after Turkey and Egypt, “the statement said.<\/p>\n\n\n\n
In particular, last year the bank launched a joint initiative with the Government of Ukraine to improve corporate governance in the public sector, the first step of which was the launch of a pilot transformation program of the State Agency of Motor Roads of Ukraine (Ukravtodor). The signed loan of 450 million euros will be used to develop national road infrastructure and support anti-corruption reform.<\/p>\n\n\n\n
Another EBRD investment last year was in the project to transform the national postal operator Ukrposhta, which will improve postal services for 15 million people.<\/p>\n\n\n\n
The EBRD funding provided in 2020 will also help the city of Dnipro to use energy more efficiently in schools, kindergartens and clinics.<\/p>\n\n\n\n
Last year, the city of Khmelnytsky joined the EBRD’s Green Cities Sustainable Urban Development Program, launching a project to modernize its municipal solid waste management system. The purchase of more than 400 new trolleybuses under EBRD projects will improve public transport services in 12 Ukrainian cities.<\/p>\n\n\n\n
In addition, the EBRD last year helped increase Ukraine’s largest natural gas producer, Ukrgazvydobuvannia JSC, and continued to support its longtime client, PJSC Concern Galnaftogaz, by providing funding for a program to supply fuel to agricultural producers and install charging stations for electric vehicles.<\/p>\n\n\n\n
In 2020, the EBRD financed the replenishment of the working capital of Astarta and Grain Alliance Group and supported the expansion of the yeast producer Enzyme. Also last year, the working capital needs of grain trader Nibulon, tomato paste manufacturer Agrofusion and breakfast cereal manufacturer Lantmann Aksa were met. The EBRD loan was also received by pet food manufacturer Kormotech.<\/p>\n\n\n\n
Novus Group received a loan to build the country’s first “green” distribution center in Kyiv and new stores across the country, while Fozzy Group opened its first “green” supermarket in the capital under the Silpo sign.<\/p>\n\n\n\n
The EBRD also allocated \u20ac 93 million last year to support small and medium-sized enterprises (SMEs). This financing was provided both directly and through local financial institutions – Bank Lviv, OTP Bank, OTP Leasing, Piraeus Bank (Ukraine) and ProCredit Bank – in the form of credit lines supported by the European Union ( EU) and the US Treasury.<\/p>\n\n\n\n
To support vital trade flows, the EBRD provided \u20ac 120 million to six partner banks in 2020 under trade finance credit lines.<\/p>\n\n\n\n
In total, in 2020, the Bank invested a record 11 billion euros in 411 projects in more than thirty countries. In terms of annual investment, Ukraine ranked third among the countries with which the bank cooperated. In the context of the COVID-19 crisis, the European Bank for Reconstruction and Development (EBRD) supported Ukraine with investments […]<\/a><\/p>\n<\/div>","protected":false},"author":8,"featured_media":8674,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[115],"_links":{"self":[{"href":"https:\/\/uul.com.ua\/en\/wp-json\/wp\/v2\/posts\/8673"}],"collection":[{"href":"https:\/\/uul.com.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uul.com.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uul.com.ua\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/uul.com.ua\/en\/wp-json\/wp\/v2\/comments?post=8673"}],"version-history":[{"count":1,"href":"https:\/\/uul.com.ua\/en\/wp-json\/wp\/v2\/posts\/8673\/revisions"}],"predecessor-version":[{"id":8695,"href":"https:\/\/uul.com.ua\/en\/wp-json\/wp\/v2\/posts\/8673\/revisions\/8695"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uul.com.ua\/en\/wp-json\/wp\/v2\/media\/8674"}],"wp:attachment":[{"href":"https:\/\/uul.com.ua\/en\/wp-json\/wp\/v2\/media?parent=8673"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uul.com.ua\/en\/wp-json\/wp\/v2\/categories?post=8673"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uul.com.ua\/en\/wp-json\/wp\/v2\/tags?post=8673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Source<\/a><\/p>","protected":false},"excerpt":{"rendered":"