Warsaw, 13 November 2025

Today, the European Commission convened the EU-Ukraine Investment Conference at the ReBuild Ukraine Expo in Warsaw, bringing together more than 5,000 participants from the Ukrainian and international business communities, government institutions, financial organisations, and international partners. The EU-Ukraine Investment Conference is organised in close collaboration with the Ministry of Economy, Environment and Agriculture of Ukraine and marks a significant step forward in the EU’s strategic engagement with the private sector to reinforce Ukraine’s long-term resilience and prosperity.

Reinforcing the Ukraine Investment Framework

The Commission announced an expansion of the Ukraine Investment Framework (UIF), the investment arm of the EU’s Ukraine Facility, which now has a reinforced budget of €9.5 billion following an additional contribution by Norway of €127 million. 

Under this expanded UIF, EU Member States recently approved €722 million for public infrastructure and private-sector support, expected to generate approximately €2 billion in total investment. 

This includes a new set of programmes to be deployed in cooperation with the EIB, the IBRD, and Cardano Development. These initiatives will support essential sectors of Ukraine’s economy, including energy, water and wastewater management, housing, transport and logistics, and small farmers.

Opening EU investment to resilience and dual use industries

The UIF will also extend financing tools to industries that reinforce Ukraine’s resilience in critical strategic sectors, including dual-use production.  Eligible sectors range from next-generation drone manufacturing to advanced navigation and communication systems, aeronautical and space technologies, and key metallurgical capacities, with focus on integrating Ukraine into EU value chains.

 Ukrainian innovation is demonstrating remarkable resilience in the face of aggression, developing new technologies and industrial solutions that are driving progress across Europe. EU industry brings scale, advanced manufacturing expertise, global networks, and access to capital – assets that can translate into long-term impact when paired with Ukraine’s ingenuity.

Building a strong private equity ecosystem

Following the work done in the Ukraine Recovery Conference last July in Rome, further progress was made in the process of establishing the European Flagship Fund for the Reconstruction of Ukraine. Once operational in mid-2026, the Fund will help establish a dynamic private-equity landscape in Ukraine, attracting new capital to priority sectors.

Complementing this effort, the International Finance Corporation (IFC) signed a €21 million investment in the Rebuild Ukraine Fund (REBUF), partially covered by the EU’s High Impact Equity Guarantee, thereby expanding access to equity financing for Ukrainian enterprises.

Strengthening business engagement and support for SMEs

As part of the EU-Ukraine Business Partnership launched in Brussels in April 2025, the Commission convened senior European and Ukrainian business leaders for a round table discussion in Warsaw to accelerate investment in strategic industrial sectors. More than 150 companies submitted projects under the second Call for Expressions of Interest for EU and Ukrainian companies to invest in Ukraine, confirming strong private-sector engagement. At the EU-Ukraine Investment Conference, selected participating companies from the first Call signed statements of intent with financial institutions. These first deals – to be backed by EU guarantees – are intended to support projects such as Notus’s 120 MW wind farm in Odesa and Rengy Development’s solar and battery storage installation, contributing to industrial renewal and the green transition.

The EU also strengthened support for war-affected small and medium-sized enterprises (SMEs). Through the EBRD Financial Inclusion programme, €200 million in new lending will be made available via ProCredit Bank Ukraine, targeting veterans, internally displaced persons, and persons with disabilities. In addition, the EU and EBRD advanced the provision of war-risk insurance to facilitate private-sector operations in Ukraine.

Additionally, during the ReBuild Ukraine Fair, a dedicated EU-Ukraine business matchmaking platform connecting companies from across Europe and Ukraine was established. The platform attracted over 900 participants from more than 40 countries, including around 200 companies from Ukraine and over 500 from the EU, resulting in around 1,200 B2B meetings onsite and online. More than 25 pitching sessions were held on the EU Stage, featuring speakers from the European Institutions and other relevant stakeholders from EU and Ukraine, showcasing opportunities for collaboration in reconstruction, innovation, and industrial transformation. Visitors also met EU experts at the Commission stand to learn about investment instruments, digitalisation tools, and entrepreneurship programmes. The Commission’s presence, coordinated with EU Member States under the Team Europe approach, aimed to strengthen long-term business cooperation between EU and Ukrainian companies.

Advancing and transport connectivity

The conference also advanced work on the Solidarity Lanes through strategic infrastructure investments and procedural improvements aimed at reducing border waiting times, delivering tangible benefits for citizens and businesses. This is key to strengthening Ukraine’s transport links with the EU, a central component of Ukraine’s reconstruction and economic integration. 

Background

The Ukraine Investment Framework is part of the EU’s €50 billion Ukraine Facility. It comprises €9.5 billion in financial instruments and aims to mobilise over €40 billion in public and private investment for Ukraine’s recovery, reconstruction, and modernisation.

For more information

Webpage on the Ukraine Facility

Factsheet on the Ukraine Facility 

Factsheet on the Ukraine Investment Framework

Quotes

Marta Kos, Commissioner for Enlargement, said: “The ability of Ukrainian engineers and entrepreneurs to keep innovating while bombs fall on the country is remarkable. We are helping by bringing capital and scale. We gathered more than 5000 businesses representatives to see where we can do more. EU financing is now open to manufacturers producing civilian goods that also have military applications, including drones. With Ukraine’s war-time expertise, we can make defence production faster and cheaper. This will make both Ukraine and Europe safer.”

 

Oleksii Sobolev, Minister of Economy, Environment, and Agriculture of Ukraine, said: “We appreciate the consistent support of our European partners in mobilizing resources for Ukraine’s recovery. The Ukraine Investment Framework and the programmes it supports mark the continuation of this support – moving our cooperation into a new, more practical stage. These instruments combine EU guarantees with private capital to scale investments in energy, infrastructure, and industrial development, creating long-term opportunities for Ukrainian and European businesses alike. I am glad that today here in Warsaw we are opening new opportunities to deepen this partnership.”