Business news from Ukraine

Denmark to provide Ukraine with excavators to restore infrastructure

Denmark, through the EU civil protection mechanism, has offered Ukraine 35 excavators to restore damaged and critical infrastructure across the country, the European Commission has said.
“Destroyed by the war, Ukraine needs excavators to help rebuild damaged and critical infrastructure across the country. Denmark has offered 35 heavy machinery vehicles to Ukraine via the EU Civil Protection Mechanism. First vehicles have already arrived via the EU hub in Poland,” the European Commission said on Twitter on Friday.

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DENMARK TO PROVIDE UKRAINE WITH FINANCING PACKAGE IN AMOUNT OF EUR 13.5 MLN

Denmark will provide Ukraine with a financing package in the amount of EUR 13.5 million, Danish Foreign Minister Jeppe Kofod said.

“I am pleased to announce today that we will provide a financing package in the amount of EUR 13.5 million to support concrete measures before the start of winter,” he said on Tuesday during a conference on the restoration of Ukraine, which is being held in Lugano, Switzerland.

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DENMARK WILL PROVIDE UKRAINE WITH PRACTICAL ASSISTANCE IN RESTORATION

Denmark will soon provide practical reconstruction assistance to Ukraine, Danish Foreign Minister Jeppe Kofod said.
“We will partner and invest in the reconstruction of Ukraine. And I reaffirmed Denmark’s commitment to the restoration of Mykolaiv. We want to move on to more detailed information from Ukrainian partners. But as we speak, we have economic assistance, as well as practical assistance to Ukraine which is already on its way: it will help rebuild your country. Because we must do everything possible to show that such destruction should not happen and that we will overcome it as soon as possible,” Kofod said at a press conference with the Foreign Minister Affairs of Ukraine Dmitry Kuleba in Kyiv on Monday.

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UKRAINE ASKS DENMARK TO SUPPLY UKRAINE WITH RAW MATERIALS FOR FARMERS AND OIL PRODUCTS

Prime Minister Denys Shmygal asks Denmark to consider the possibility of supplying Ukraine with raw materials needed for farmers and oil products.
“I thanked for the decision to take part in the restoration of the city of Nikolaev together with other international partners. Also, in the coming days, as Prime Minister Matte Frederiksen promised, Ukraine will receive equipment and machinery that will help in the restoration of the liberated cities,” Shmyhal wrote on the Telegram channel following a meeting with Danish Foreign Minister Jeppe Kofodom.
According to him, the parties discussed the supply of military equipment, the tightening of sanctions against Russia and the rejection of Russian energy resources.
“I touched upon the issue of diversifying gas supply sources. I made a proposal to consider the possibility of supplying Ukraine with raw materials needed for farmers and oil products, since the enemy is purposefully trying to disrupt the sowing season and cause a shortage of fuel,” the prime minister wrote.
Among other things, Shmygal thanked Denmark for its strong political and financial support.
“We also count on Ukraine’s support in acquiring the status of a candidate for EU membership and on the approval decision of the European Commission to suspend import duties on all Ukrainian exports for a year,” he added.

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DENMARK BECOMES FIRST DONOR OF UKRAINE ENERGY SUPPORT FUND

Denmark has become the first donor to the Energy Community’s Fund to rebuild war-torn energy infrastructure in Ukraine, Energy Minister Herman Haluschenko has said.
“Sincerely thanks to the first donor, Denmark, for responding to Ukraine’s call for urgent support to the energy sector in these difficult times of war,” Haluschenko was quoted as saying by the press service of the Ministry of Energy in a release on the website on Monday.
The amount of funds sent by Denmark was not specified in the message.
At the same time, the minister called on other countries and international partners to become donors to the Fund, noting that Ukrainian power engineers every day, despite enemy shelling, again and again resume electricity and gas supply.
Director of the Energy Community Secretariat Artur Lorkowski, for his part, assured that the corresponding funds would be sent to Ukraine as soon as possible.
“The Secretariat, together with the Ministry of Energy of Ukraine, will work quickly so that all contributions paid are directed to meet the most important needs of the Ukrainian energy sector,” Lorkowski said, cited by the press service of the Ministry of Energy.
As reported, in early April 2022, the Energy Community created a Fund to rebuild war-torn energy infrastructure in Ukraine, the donors of which should be mainly EU member states, as well as international companies and corporations.

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KULEBA OFFICIALLY VISITS DENMARK ON JAN 26-27

Ukrainian Foreign Minister Dmytro Kuleba will pay a visit to the Kingdom of Denmark on January 26-27 at the invitation of his Danish counterpart Jeppe Kofod, the press service of the Ministry of Foreign Affairs of Ukraine reported on Tuesday.
“During the visit to Denmark, the head of the Ukrainian Foreign Ministry is scheduled to meet with Danish Prime Minister Mette Frederiksen, members of the Danish Parliament, representatives of business and public organizations. An audience of Minister Kuleba with Queen Margrethe II of Denmark is also provided,” the message says.
It clarifies that against the background of aggressive actions of the Russian Federation, the main issue of negotiations with the Danish side will be the security situation around Ukraine and Denmark’s partner participation in a comprehensive package of containment of Russia, which includes active diplomacy, tough economic sanctions and in-depth defense cooperation with Ukraine.
“The Ukrainian and Danish sides will agree on a number of priority issues of bilateral cooperation, in particular, in the field of cybersecurity, the development of the Ukrainian fleet, the implementation of joint projects in the fields of energy, agriculture, the transition to green energy and energy efficiency,” the Foreign Ministry stressed.
They add that attention will also be paid to issues of interaction within international organizations and priority areas of the Crimea Platform.

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