EU launches call for EU business to invest in Ukraine’s recovery and reconstruction

On 12 November, the European Union launched a call to mobilise private EU investment in critical areas to support Ukraine’s rebuilding efforts. The announcement was made at the first ‘European Union – Ukraine Investment Conference’, organised by the EU and the Government of Ukraine in Warsaw, Poland.

Under the call, EU businesses, including joint ventures, or consortia involving both EU and Ukrainian companies, are invited to submit proposals until 1 March 2025.

Proposals will be reviewed and connected to the best suited investment projects funded by the Ukraine Investment Framework, which is an integral pillar under the EU’s €50 billion Ukraine Facility.

The priority areas of the call are energy; critical raw materials; processing industry and manufacturing; construction materials; information technology and digital transformation; and transport and export logistics.

Olivér Várhelyi, European Commissioner for Neighbourhood and Enlargement said: “Ukraine’s reconstruction requires both public funding and partnerships with the private sector. By bringing these efforts together, we can maximise investment, support the country’s recovery and gradual integration into the EU Single Market.”

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Press release

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