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Denmark to allocate around $450 million for Ukraine s reconstruction, energy sector

Copenhagen will allocate around 420 million euros ($450 million) to Kyiv as part of a memorandum of understanding on long-term cooperation and reconstruction signed on April 23, Ukraine's Economy Ministry reported.

Ukraine Business Roundup — February 20

Japanese and Ukrainian representatives met in Tokyo on Feb. 19 to foster dialogue between both government officials and business leaders on how Japan could contribute to rebuilding the country. The Japan-Ukraine Conference for Promotion of Economic Growth and Reconstruction in Tokyo gathered around 300 people and 80 companies, including Kubota, Sumitomo Corp, Kawasaki Heavy, and Rakuten. During the meeting, Japan announced it would earmark 1.25 billion euros ($1.34 billion) to support Japanese investors in Ukraine.

World Bank to disburse $500 million for Ukrainian businesses in 2024

The matter was discussed during a meeting between the ministry's team and the World Bank mission headed by Arup Banerji, the World Bank's regional country director for Ukraine and Moldova.

Ukraine Business Roundup — February 6

Diia.City, the special tax regime set up for local and foreign tech firms in Ukraine practically on the eve of the full-scale invasion, is in trouble. It was supposed to be the change that finally made the business climate attractive and beneficial for IT companies and startups. Since it was unveiled on Feb. 8, 2022, 800 companies have become “residents” of Diia.City.

Ukraine war latest: EU leaders agree to $54 billion funding for Kyiv; Russian ship sunk near occupied Crimea

Military intelligence: Russian missile ship sunk off occupied Crimea. All 27 leaders of EU member states agreed on an additional 50 billion euro ($54 billion) support package for Ukraine within the EU budget, European Council President Charles Michel announced on Feb. 1.

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