New investment agreements between Ukraine and the EU signed in Warsaw during ReBuild Ukraine 2025

In Warsaw, the EU–Ukraine Investment Conference took place as part of the international exhibition ReBuild Ukraine 2025, bringing together more than 5,000 participants from 33 countries – including government representatives, international financial institutions, business, and civil society. The official opening was attended by Deputy Prime Minister for European and Euro-Atlantic Integration of Ukraine Taras Kachka and EU Commissioner for Enlargement Marta Kos.

During the conference, the European Union and international financial partners announced new investment programmes under the Ukraine Investment Framework (UIF) and signed a series of memoranda for projects to be financed through the mechanism.

In particular, EU Member States approved new programmes totalling €722 million last month. These programmes aim to support public infrastructure in sectors such as healthcare, utilities, and housing, as well as private-sector development. It is expected that they will mobilise around €2 billion in new investment into the Ukrainian economy.

“Investment in Ukraine is not only about reconstruction – it is a shared investment in the security, stability, and future of the whole of Europe. We are shaping a joint financing ecosystem where each new agreement turns political support into concrete projects, new jobs, modernised industries, and deeper integration of Ukraine into the European space,” said Taras Kachka, who attended the signing ceremony.

Among the signed agreements was a deal between the European Investment Bank (EIB) and Naftogaz of Ukraine, backed by guarantees under the Ukraine Investment Framework. Under this agreement, Norway will provide a €127 million grant through the UIF to strengthen Ukraine’s energy security. Together with earlier EU support of €800 million through the EIB and EBRD, this funding will help ensure stable natural gas supplies amid ongoing attacks on Ukraine’s energy infrastructure.

Additional agreements were signed between IFC, EBRD, and European companies Notus (Germany) and Rengy Development (Ukraine) for renewable-energy projects. Notus will construct a 120 MW wind power plant in Odesa region, while Rengy Development will implement solar and battery storage projects with a combined capacity of more than 140 MW in southern and central Ukraine.

“The European Union remains a key partner in Ukraine’s recovery. The Ukraine Investment Framework has demonstrated that investing in Ukraine is possible even during wartime. It is an effective mechanism that unites governments, international financial institutions, and businesses around concrete projects. Norway’s €127 million contribution to support Ukraine’s energy security is a strong example of this. The model works – it not only mobilises financing but also strengthens trust in Ukraine as a reliable partner. It is now crucial to preserve and expand this system to cover more sectors and regions. We call on partners to continue their contributions and further develop our shared financing architecture,” said Oleksii Sobolev, Minister of Economy, Environment and Agriculture of Ukraine.

Minister Sobolev emphasised that the Government of Ukraine is further expanding tools for investors – including intergovernmental agreements, industrial support programmes, and the development of a large-scale system for war-risk insurance.

Ukraine continues to deliver on its commitments under the Ukraine Facility, enabling new EU disbursements and maintaining the pace of reforms set out in the Ukraine Plan.

Source: https://me.gov.ua