Business news from Ukraine

Business news from Ukraine

Denmark appoints new ambassador to Kyiv

On Thursday, October 2, Deputy Minister of Foreign Affairs of Ukraine Oleksandr Mishchenko accepted copies of the credentials of the newly appointed Ambassador of the Kingdom of Denmark to Ukraine, Thomas Lund-Sørensen, according to the press service of the Ministry of Foreign Affairs. According to the Foreign Ministry’s website, Mishchenko noted that the new ambassador’s extensive professional experience will be extremely valuable for the further development of bilateral relations.

He also praised Denmark’s leadership during its presidency of the EU Council in the second half of 2025 and its unprecedented support for Ukraine. Denmark is the absolute world leader in terms of aid relative to GDP – 2.89%, with total military aid reaching EUR9.4 billion.

In turn, Lund-Sørensen emphasized Denmark’s commitment to further support Ukraine, strengthen its defense capabilities, assist in its path to EU accession, and promote mutual benefits from the application of the “Danish model,” which is also an investment in the security of all of Europe.

 

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73% of Ukrainians have positive attitude towards Denmark – survey

The results of a survey conducted by Active Group and Experts Club in August 2025 show that Ukrainians have a very favorable attitude towards Denmark.

Thus, 73.7% of respondents expressed a positive attitude (33.3% — completely positive, 40.3% — mostly positive). Only 1.3% of respondents gave negative assessments, while 22.7% took a neutral position and 2.3% admitted to being insufficiently informed about the country.

“Denmark is perceived by Ukrainians as a sincere partner and reliable ally in the current circumstances. The high level of trust reflects both humanitarian aid and consistent political support for Ukraine from Copenhagen,” said Active Group CEO Oleksandr Pozniy.

Maksim Urakin, co-founder of Experts Club, analyzed trade and economic indicators:

“According to the results of January-August 2025, trade turnover between Ukraine and Denmark amounted to about $279 million. Exports of Ukrainian goods reached $109.3 million, while imports from Denmark exceeded $169.6 million. As a result, there was a negative balance of $60.3 million. This indicates that, despite very warm public sentiment, Ukraine should work to strengthen its exports to the Danish market,” the expert emphasized.

Thus, Denmark remains one of the most positively perceived countries among Ukrainians, but the economic component of relations requires more balanced development.

The full video can be viewed at: https://www.youtube.com/watch?v=YgC9TPnMoMI&t

You can subscribe to the Experts Club YouTube channel here: https://www.youtube.com/@ExpertsClub

 

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Danish ambassador ends mission in Ukraine after five years of service

Ukrainian Foreign Minister Andriy Sybiga received Ole Egberg Mikkelsen, Ambassador Extraordinary and Plenipotentiary of the Kingdom of Denmark to Ukraine, who is ending his diplomatic mission in Ukraine after five years of service.

According to the press service of the Ukrainian Foreign Ministry, Sibiga expressed his gratitude to Ole Egberg Mikkelsen for his personal commitment to the Ukrainian-Danish partnership and noted that the ties between Ukraine and Denmark established during his tenure go far beyond official relations.

“Denmark has become a world leader in terms of aid to Ukraine as a percentage of GDP (2.89%) and has provided our country with more than €9.9 billion in support. In addition, Denmark’s unique partnership with Mykolaiv and the Mykolaiv region has become a model of regional cooperation for other international partners. We greatly appreciate this,” Sibiga said.

The minister also noted the recent launch of the long-term humanitarian support program Ukraine Transition Programme and unprecedented military assistance, namely Denmark’s transfer of its entire artillery arsenal, the provision of F-16 fighter jets, and the launch of the Danish model of direct investment in the Ukrainian defense-industrial complex.

The interlocutors discussed the further development of relations between Ukraine and Denmark on the path to a just peace and the restoration of security in Europe.

The Foreign Minister wished Ole Egberg Mikkelsen success in his new endeavors.

Source: https://interfax.com.ua/news/diplomats/1105612.html

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Denmark is ready to host Ukrainian defense companies on its territory

Danish Defense Minister Troels Lund Poulsen said that Ukrainian defense companies may soon start production in Denmark.

“The second thing I will mention today is what could be called the ‘Danish model 2.0’. I hope that in a few weeks we will invite the first Ukrainian defense company to start production here in Denmark, in a safe environment,” he said during a briefing with EU foreign policy chief Kaja Kallas on Friday.

Poulsen noted that he expects other Ukrainian defense companies to join the process later this year. “And I believe that this will also be a way to provide even more support to Ukraine,” he stressed.

The minister also said that he discussed this initiative during his visit to Kyiv on Sunday. “During this visit, I had the opportunity to talk to both President Zelensky and the new Minister of Defense Denys Shmyhal about the prospects of inviting Ukrainian defense companies to start production here in Denmark. And they fully support this idea,” he said.

https://interfax.com.ua/

 

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Denmark to provide EUR 6 mln to restore Ukraine’s energy infrastructure

Denmark will provide EUR 6 million to restore Ukraine’s energy infrastructure damaged by Russian attacks.
According to the government portal, this was discussed during a meeting between Deputy Prime Minister for European and Euro-Atlantic Integration and Minister of Justice of Ukraine Olha Stefanishyna and a Danish delegation led by Minister of European Affairs Maria Bjerre Holst, who arrived in Kyiv on a visit.
“At the beginning of the meeting, Maria Bjørre Holst announced a new aid package to restore Ukraine’s energy infrastructure: EUR6 million will be allocated to the Energy Community’s Energy Support Fund for Ukraine,” the statement said.
Stefanishyna thanked Denmark, which is currently one of the leaders among Ukraine’s partners in terms of aid as a percentage of its own GDP.
As reported with reference to the Minister of Energy of Ukraine Herman Galushchenko, the Energy Support Fund of Ukraine since its inception in the spring of 2022 and as of early October has accumulated approximately EUR 700 million for the restoration of Ukrainian energy facilities. Earlier, the Minister said that Denmark became the first sponsor of the Energy Support Fund of Ukraine, contributing to the restoration of the Ukrainian energy infrastructure in April 2022, its first donation amounted to EUR 0.5 million.
The Energy Support Fund for Ukraine was established on the joint initiative of Galushchenko and European Commissioner for Energy Kadri Simson in the spring of 2022. Contributions to the Fund were made by, among others, Germany (about EUR300 million), Australia, the United Kingdom, Austria, Sweden, Iceland, and Estonia.

Denmark to allocate $19.4 mln to restore Ukraine’s energy infrastructure

Denmark will allocate 130 million Danish kroner (about $19.4 million – IF-U) to Ukraine to restore energy infrastructure damaged by Russian attacks, the Danish government’s press service reports.

The aid was announced by Minister of Climate, Energy and Supply Lars Oagard during a meeting with US Secretary of State Anthony Blinken and Ukrainian Foreign Minister Andriy Sybiga at the G7 Working Group on Ukraine’s Energy Security.

“Not only is Putin’s army invading Ukraine’s borders, Russia is violating the rules of war by launching massive attacks on Ukraine’s electricity and heat supply. Winter is just around the corner, and many Ukrainian homes will be left without heat and electricity. And that’s not all, ordinary employees of the energy sector who work tirelessly at their jobs are being targeted. We must do everything we can to make the Ukrainian energy system as resilient as possible,” said Oagard.

The Danish donation is funded by the Ministry of Foreign Affairs and will, among other things, support emergency measures and the procurement of equipment and spare parts to help restore security of supply. The support is provided in cooperation with UNDP, the Energy Community, the Danish Refugee Council and the Danish Red Cross.

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