On 10–11 July 2025, the fourth Ukraine Recovery Conference (URC2025) is taking place in Rome. This annual international event is dedicated to the rapid recovery and long-term reconstruction of Ukraine after russia’s full-scale aggression. Dnipropetrovsk region is presenting 12 investment projects selected for the official URC2025 catalogue. These include industrial parks, manufacturing in the fields of engineering, chemical industry, metalworking, packaging materials, as well as healthcare and logistics. Dnipropetrovsk Investment Agency, together with Kyiv School of Economics, coordinated the submission of projects from the region.

For the fourth consecutive year, Italy has supported Ukraine by providing military, financial, and humanitarian assistance and facilitating infrastructure reconstruction. Throughout this period, Italy has remained a reliable partner to Ukraine, demonstrating comprehensive support, particularly within the framework of its presidency of the G7 this year.

Military assistance

The Italian Parliament approved the extension of military support to Ukraine until December 31, 2025, allowing for the rapid delivery of equipment and supplies. Italy has provided ten military aid packages, including:

• SAMP/T air defense systems (jointly with France);
• Storm Shadow cruise missiles;
• Puma armored vehicles;
• Participation in demining and cybersecurity coalitions.

In 2025, Italy plans to increase its military aid to €1.7 billion as part of the overall support package for NATO allies.

Financial support

As part of the ERA (Extraordinary Revenue Acceleration Loans for Ukraine) initiative, Italy contributed €45 billion to Ukraine from the proceeds of frozen russian assets. In January 2025, the EU provided the first tranche of €1 billion to support priority public spending.

In June 2024, the Italian government provided Ukraine with €140 million in economic aid for infrastructure reconstruction. The funds are earmarked for:

• Restoring rail links and transport networks;
• Improving medical services and providing medical equipment;
• Supporting the agricultural sector to ensure food security;
• Demining liberated territories.

Separately, €45 million will be allocated to the restoration of the Transfiguration Cathedral in Odesa, a UNESCO World Heritage List site.

Humanitarian and infrastructure assistance

Italy actively supports the restoration of Ukraine’s energy infrastructure. It has allocated:

• €13 million to the Ukraine Energy Support Fund;
• €1.8 million to strengthen the energy system;
• €25 million to restore critical energy facilities.

In February 2024, Italy signed a €200 million loan agreement with the EBRD to purchase critically needed equipment for Dnipro and Middle Dnipro Hydroelectric Station, as well as to provide emergency financial support to the company. This will ensure the region’s energy security despite the effects of shelling. The initiative is a significant step in restoring hydropower and strengthening the energy resilience of Dnipropetrovsk and Zaporizhzhia regions.

In 2024, Italy implemented the Emergency Support for Dnipro project through the ALDA organization. Temporary housing was created for displaced persons, art therapy was organized, and psychological and humanitarian assistance was provided. Despite constant shelling, the project has reached vulnerable populations and serves as a long-term support initiative.

In 2025, Italy donated 16 ambulances to Ukraine, which were distributed across the Chernihiv, Sumy, Kharkiv, Mykolaiv, Dnipropetrovsk, Zaporizhzhia, Kherson, and Donetsk regions.

Together with the Sant’Egidio community, Italy continuously supplies food packages to combat zones, particularly in Donetsk, Kharkiv, and Dnipropetrovsk regions. Since the start of the full-scale war, approximately 370,000 food packages and medicines have been delivered to over a million people.

Навчання та кібербезпека

Італія бере участь у місії EUMAM Ukraine, у межах якої її інструктори навчають українських військових в Італії, Польщі та Німеччині.

У сфері кібербезпеки Італія приєдналася до ІТ-коаліції та Талліннського механізму, сприяючи мобілізації понад €482 млн на посилення кіберзахисту та цифрової інфраструктури України.

Diplomatic commitments

In February 2024, Italy signed a 10-year bilateral security cooperation agreement with Ukraine, which includes:

• Supply of weapons and equipment;
• Cooperation in the defense industry;
• Use of frozen russian assets;
• Training of Ukrainian military personnel;
• Imposition of sanctions against russia and its allies;
• Support for civil security and protection;
• Demining of Ukrainian territories;
• Restoration of energy infrastructure;
• Humanitarian aid;
• Holding russia accountable for its aggression.

Foreign trade

Italy is an important foreign trade partner for the region, ranking 8th among exporters and 7th among importers worldwide. According to the results of 2024, the volume of exports of goods from Dnipropetrovsk region amounted to $251.1 million and increased by 41.6% compared to 2023. Italian companies are most interested in ferrous metals and products made from them, ores and slags, fats and vegetable oils, etc.

100 enterprises in the Dnipropetrovsk region exported their products to the Italian market, including mining and metallurgical complex, agro-industrial complex, machine-building, food and processing companies.

Imports of goods from Italy to Dnipropetrovsk region decreased by 3.2% compared to 2023 and amounted to $177.6 million.

490 import companies in the region purchased pharmaceutical products, machinery and equipment, ferrous metals, alcoholic and non-alcoholic beverages, etc.

Import operations were mainly carried out by food and processing companies, trading companies and pharmaceutical companies.

Source: the information used to prepare this article was taken from publicly available online sources.