Bucharest. At the forum “Rebuilding Ukraine: Security, Opportunities, Investments,” during a panel discussion, experts from the business and financial sectors stated that only a limited number of Romanian companies are currently ready to participate in large-scale projects to rebuild Ukraine, while access to financial instruments and risk-sharing mechanisms remains a key prerequisite for their more active involvement.
The panel was moderated by Cristina Chiriac, president of the National Confederation of Women Entrepreneurs of Romania (CONAF). The discussion was attended by Teodora Preotias, Director of European Funds Administration at the Romanian Bank for Investment and Development, Mihai Daraban, President of the Romanian Chamber of Commerce and Industry, and Viorel Manole, Executive Director of the Romanian Defense Industry Association PATROMIL.
The participants noted that the market for projects to rebuild Ukraine is currently largely structured by international financial institutions, which have high requirements for corporate governance, compliance, and risk management. According to them, a significant number of Romanian companies do not have sufficient operational capacity to act as main contractors and are forced to limit themselves to the role of subcontractors in supply chains.
“Participation in large projects requires access to credit lines, guarantees, and risk-sharing mechanisms, which are mostly administered by international financial institutions. Without this, many of our companies simply cannot enter into such contracts directly,” Preotasa noted during the discussion.
Experts emphasized the need to create an official Romanian-Ukrainian information platform that would consolidate data on available tenders, donor requirements, and opportunities for business participation. They also called for the development of a national strategy to support companies operating or planning to operate in the Ukrainian market in conditions of heightened political and security risks, including state guarantees and investment insurance instruments.
A separate discussion focused on the possibility of locating part of strategic production capacities in Romania or other safe neighboring countries to ensure continuity of production and logistics. According to Manole, such an approach could strengthen the contribution of national industry to the reconstruction of Ukraine while minimizing security risks for investors. He had previously publicly noted the potential of locating Ukrainian defense production in Romania as an element of bilateral cooperation.
Following the discussion, the participants concluded that Romanian companies have significant potential in Ukraine’s reconstruction projects, but its implementation depends on the coordination of state institutions, the availability of financial instruments, and close cooperation with international partners and financial organizations.
The forum “Rebuilding Ukraine: Security, Opportunities, Investments” is being held on December 11-12 in Bucharest under the auspices of the Romanian Ministry of Foreign Affairs and the Ukrainian Ministry of Foreign Affairs and is organized by the New Strategy Center. According to the organizers, more than 30 panel discussions and parallel sessions are planned over two days with the participation of representatives of governments, international organizations, the private sector, financial institutions, and experts from Europe, North America, and Asia. The topics of the panels cover security and defense, infrastructure, financing and investment, green energy, digitalization, human capital, and cross-border cooperation.
Bucharest, reconstruction of Ukraine
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