Financing instruments
If you plan to invest or expand your business in Ukraine, a range of international financing instruments is available to help you access capital and secure your investments over the long term.
European Bank for Reconstruction and Development (EBRD)
Typical investment volumes range from €10 million to €250 million in the form of loans or equity, with an average investment size of around €25 million. Loans are structured with a high degree of flexibility, tailored to the needs of the client and the specific project. In addition, the EBRD can take equity stakes between €10 million and €200 million, offering growth capital as well as IPO and pre-IPO financing. The Bank also co-invests alongside private equity and strategic investors, particularly in change-of-control situations. With this range of instruments, the EBRD supports sustainable growth and long-term business development.
Ukraine Investment Framework (UIF)
As part of the UIF, the European Commission regularly launches Calls for Expressions of Interest. These calls are open to companies that meet the eligibility criteria and wish to contribute to Ukraine’s reconstruction and economic development through their investment projects.
New calls will be published on this page as soon as they are announced. Companies can apply directly via the respective call documents and submission platforms.
International Finance Corporation (IFC) - ERA-Programme
Total support amounts to $2 billion, consisting of $1.2 billion in IFC’s own investments and an additional $718 million in mobilized capital.
IFC focuses on capital expenditure in high-risk sectors such as shipping, energy, and construction materials, with activities guided by three main priorities:
- Critical Sectors & Supplies – IFC supports agribusiness and food processing, financial services including SME financing and digital solutions, and facilitates critical imports and exports through the Global Trade Finance Program.
- Vital Infrastructure – Investments strengthen transport and logistics, including passenger transport and ports, the energy sector (wind power, battery storage), telecom and IT infrastructure, and healthcare.
- Displaced & Municipalities – IFC provides urgent repairs to homes, housing solutions for internally displaced persons (IDPs), and improved access to finance and services for the forcibly displaced.
To maximize impact, IFC deploys a combination of investment, advisory, upstream engagement, and analytical work.