Tag Archives: Investment

November 11, 2015

Report praises Ukraine’s financial sector reforms

Ukraine is leading the way among emerging economies in financial sector reforms, according to the EBRD’s latest Transition report which says that the outlook for market reforms across the whole area appears to have improved. The Transition Report 2015-16 shows that many factors holding back the reform process persist. However, despite isolated cases of reform […]

European ITS News, International ITS News, News
October 23, 2015

EBRD to issue EUR100 mln to Ukrainian cities to upgrade transport, Odesa to get EUR8 mln for trolleybuses

The European Bank for Reconstruction and Development (EBRD) has approved the issue of EUR100 million to several Ukrainian cities to improve public transportation, focusing on renovating and improving transport efficiency including EUR8 million to municipal enterprise Odesamiskelektrotrans for the purchase of 45 new trolleybuses. EBRD Senior Adviser for External Affairs Anton Usov told Interfax-Ukraine that […]

European ITS News, News
August 7, 2015

EU Bank lends €400 million to upgrade municipal infrastructure in Ukraine

The European Investment Bank has provided a loan of €400 million to finance projects devoted to the modernisation of public infrastructure in Ukrainian cities. The aging infrastructure of many Ukrainian municipalities requires substantial modernisation. “Up to 80% of municipal infrastructure networks are in lousy condition,” says Hennadiy Zubko, vice prime minister and minister of regional […]

European ITS News, News, News from ITS Ukraine