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Yana Prots
Articles

Ukraine secures $200 million from World Bank for reconstruction projects
by Yana Prots
The World Bank will provide $200 million over the next five years to prepare Ukrainian projects for large-scale reconstruction, the Economy Ministry announced on July 11.
The funding will be available under the five-year PREPARE program with the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA).

Ukraine, EU launch $117 million military innovation partnership
by Yana Prots
Ukraine and the EU will allocate 100 million euro ($117 million) to boost battlefield-driven solutions under the newly-launched BraveTech EU initiative, announced at the Ukraine Recovery Conference (URC) in Rome on July 11.

Ground drone maker Tencore raises $3.7 million in one of the largest known investments in Ukraine defense tech
by Yana Prots
The deal is one of the largest publicly disclosed investments in Ukrainian defense technology since Russia's full-scale invasion began in 2022.

Norway pledges $200 million for Ukraine's emergency energy support, green recovery
by Yana Prots
According to the Energy Ministry, the initiative will restore heating and water services to millions of Ukrainians, particularly in front-line communities.

Ukraine's largest battery energy storage project enters final testing phase, set to power 600,000 homes
DTEK, Ukraine's biggest private energy company, has begun final commissioning of the country's largest battery energy storage project, , developed in partnership with Fluence Energy Inc., DTEK announced on July 10 at the Ukraine Recovery Conference (URC) in Rome.

EU unveils $700 million Ukraine support package for energy and infrastructure
The package focuses on restoring energy systems damaged by Russian attacks, repairing transport networks and border crossings, and supporting small enterprises.

EU aims to mobilize up to $12 billion for Ukraine's recovery under new agreements
by Yana Prots
"With 2.3 billion euros in agreements signed, we aim to unlock up to 10 billion euros in investments to rebuild homes, reopen hospitals, revive businesses, and secure energy," Ursula von der Leyen said.

Zelensky urges 'Marshall Plan-style' support for Ukraine at Recovery Conference in Rome
This conference marks the fourth major international event focused on mobilizing political and private-sector support for Ukraine's reconstruction.

Lithuania, Finland pivot to landmine production, potentially supplying to Ukraine, Reuters reports
by Yana Prots
Lithuania and Finland plan to begin domestic anti-personnel mine manufacturing in 2026, with some of the supplies potentially earmarked for Ukraine to counter the Russian threat, Reuters reported on July 9.

Ukraine's 2026 budget could face $19 billion shortfall as Europe weighs how to fill the gap, FT reports
by Yana Prots
The financial hole in Ukraine's budget is linked to reduced U.S. support and the lack of prospects for a swift ceasefire with Russia that Europe had hoped for, the Financial Times reported.

Ukraine's Naftogaz brings new high-yield gas well online as country reserves run low
by Yana Prots
The 5.7-kilometer deviated well was drilled and commissioned six weeks ahead of schedule as Ukraine works to boost domestic production amid Russian attacks on its energy infrastructure, including gas storage facilities in western Ukraine.

Ukrainian businesses outraged as government blocks economic crimes bureau chief nominee
by Yana Prots
Ukraine's Cabinet of Ministers rejected a nominee to lead the economic crimes agency, drawing swift criticism from lawmakers and businesses over alleged interference in the selection process.

EBRD to unlock $1 billion in credit for Ukraine's key sectors, considers mineral projects
by Yana Prots
The European Bank for Reconstruction and Development will enable Ukrainian banks to provide up to 900 million euros ($1.05 billion) in new loans by sharing credit risks.

Russia intensifying use of chemical weapons in Ukraine, Dutch intelligence reports
by Yana Prots
Dutch intelligence services, together with German intelligence, have found that Russia is systematically escalating the use of chemical weapons against Ukrainian forces, the Netherlands Military Intelligence (MIVD) reported on July 4.

Ukrainian bank wins $1.5 billion appeal against Russia over lost Crimea assets
by Yana Prots
The ruling orders Russia to pay more than $1.5 billion in damages and an additional 300,000 euros ($330,000) in legal costs to Ukraine's largest state-owned bank, according to a press release.
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