ebrd
As Russia’s war drags on, it’s still early days for Ukraine’s reconstruction but issues are already lurking around one crucial component: cement. Rebuilding Ukraine after the war, which is unlikely to end any time soon and will continue to cause widespread destruction, is expected to cost $487 billion and will necessarily require a great deal of building materials. Cement is one of the main ingredients in concrete, used to build housing, roads, bridges, schools, hospitals, dams, and ports — all of which are regular targets of Russian attacks. Fighting in the country’s east and ongoing occupati...
Kyiv Independent (UK)
Editor’s Note: This is issue 127 of Ukrainian State-Owned Enterprises Weekly, covering events from April 6-12, 2024. The Kyiv Independent is reposting it with permission. BanksEBRD extends 200-million-euro lending guarantee to Oschadbank. On April 10, the European Bank for Reconstruction and Development (EBRD) extended a 50-million-euro ($53 million) unfunded portfolio risk-sharing facility to Oschadbank to unlock 200 million ($212 million) euros of new financing for Ukraine’s private sector. The facility will cover up to 50% of Oschadbank’s credit risk on newly issued sub-loans worth 200 mill...
Kyiv Independent (UK)
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