PJSC “Ukrnafta,” a member of the “Naftogaz” Group, signed a grant agreement at URC 2026 in Gdańsk (Poland) with the European Bank for Reconstruction and Development (EBRD) for 44.6 million euros to build 62 MW of distributed generation, according to Serhiy Koretskyi, chairman of the board of NAK “Naftogaz of Ukraine.”
“These funds will help accelerate the implementation of distributed generation projects to support the power grid amid Russian attacks on the energy sector. The €44.6 million grant will supplement the previously secured €80 million loan from the EBRD and allow us to carry out the planned work more quickly,” Koretsky wrote on Facebook on Friday.
He specified that the total capacity of the new generation facilities is 62 MW.
“This, in turn, will strengthen the power grid amid a shortage of generating capacity caused by Russian attacks on energy infrastructure. “I thank the EBRD leadership for their support and trust,” the Naftogaz CEO explained.
He also reported that at URC 2026, Naftogaz and the EBRD signed a memorandum on expanding cooperation in the areas of energy security, infrastructure restoration, and modernization.
According to him, during a meeting between Ukrainian Prime Minister Yulia Svyrydenko and EBRD President Odile Renaud-Basso, specific terms of cooperation were discussed in detail, including securing financial mechanisms for the purchase of imported gas for the upcoming heating season.
As previously reported, Naftogaz signed an agreement with the U.S. EXIM Bank during URC 2026 in Gdańsk, which provides for the possibility of securing up to $300 million to purchase American equipment for the purpose of restoring the oil and gas infrastructure destroyed by Russia.
As Koretsky explained, the next step is practical work with U.S. companies to implement a financial mechanism that will allow for direct lending to U.S. suppliers and contractors for the purchase of equipment by companies within the Naftogaz Group.
At URC 2026, the Naftogaz of Ukraine Group also reached an agreement with the International Finance Corporation (IFC) on cooperation to attract private investment to Ukraine.
In addition, agreements were signed with the Polish company ORLEN regarding the development of LNG supplies to Ukraine and the exchange of expertise in the areas of sustainable development, decarbonization, and ESG.
JSC “Ukrnafta”—Ukraine’s largest oil producer—operates the country’s largest national network of gas stations, UKRNAFTA. In 2024, the company came under the management of Glusco. In 2025, it finalized a deal with Shell Overseas Investments BV to acquire the Shell network in Ukraine. In total, it operates nearly 700 gas stations.
The company is implementing a comprehensive program to restore operations and modernize the format of the gas stations in its network. Since February 2023, it has been issuing its own fuel vouchers and “NAFTACard” cards, which are sold to legal entities and individuals through Ukrnafta-Postach LLC.
The largest shareholder of “Ukrnafta” is NJSC “Naftogaz of Ukraine,” with a 50% + 1 share stake.
In November 2022, the Council of the Supreme Commander-in-Chief of the Armed Forces of Ukraine adopted a decision to transfer to the state the portion of the company’s corporate rights that belonged to private owners; the company is now managed by the Ministry of Defense.
A significant portion of the increase in general fund revenue for the state budget in January–March 2026 is attributable to international aid in the form of grants totaling 173.1 billion UAH, the Ministry of Finance reported.
However, in March, the volume of grants fell to 8.8 billion UAH after 62.9 billion UAH in February and 101.4 billion UAH in January, whereas in March of last year, grants amounted to 97.8 billion UAH. Against the backdrop of lower grants, general fund revenues in March fell by 16.6% to 267.7 billion hryvnia, although total budget revenues for the month rose by 0.9% to 392.6 billion hryvnia.
The House of Europe program has announced an open grant competition, Culture Helps Solidarity, for cultural initiatives that help Ukrainians integrate into European communities and support the reintegration of veterans through culture.
The amount of support is up to €20,000 for a project with one partner and up to €30,000 for a project with two or more partners. Grant funds can cover fees, travel, production, marketing, rent, and operational activities.
Non-profit cultural organizations officially registered in Ukraine and participating countries with experience working with displaced persons or veterans are eligible to participate. In addition to the EU, the list of eligible jurisdictions for partners includes Iceland, Norway, Liechtenstein, and a number of countries in the region, including Serbia, which expands opportunities for Ukrainian organizations to cooperate with partners outside the EU.
Applications will be accepted until March 31, 2026 (2:00 p.m. Kyiv time), and the results of the competition are expected to be announced by the end of May. A total of 15 projects are expected to receive funding, with a deadline for implementation of May 31, 2027. Applications must be submitted online in English. There is no application fee for the competition.
The European Bank for Reconstruction and Development (EBRD) has approved a grant of EUR4.13 million to support Superhumans centers in Dnipro and Odesa, according to the financial institution’s website.
“The need for grant support is related to the extraordinary circumstances of the war and the shortage of specialized rehabilitation services, which forces patients to travel long distances to Lviv or abroad,” the EBRD said in a statement.
It is reported that in mid-2026, the organization plans to launch a medical center in Odesa, designed for 600 new patients per year and to support up to 1,200 people annually with follow-up services. The launch of the center in Odesa should expand access to multidisciplinary rehabilitation care in southern Ukraine.
Currently, Superhumans military trauma centers operate in Lviv and Dnipro: the first was launched in April 2023, the second was opened in June 2025, and together they can accept up to 2,000 patients per year.
Superhumans is a nationwide military trauma center that has specialized in prosthetics, reconstructive surgery, rehabilitation, and psychological support for adults and children affected by war since 2022.
The organization cooperates with the Ukrainian Ministry of Health to update care protocols and improve the qualifications of medical workers, supports state hospitals through international medical missions and training of specialists, including prosthetists, and interacts with the Ministry of Veterans Affairs and the Ministry of Economy in programs to support and reintegrate veterans.
DNIPRO, EBRD, GRANT, ODESA, Superhumans
The European Union may provide Ukraine with a grant to modernize the Shepit-Izvoarele Sucevei border crossing point on the border with Romania as part of the Interreg VI-A NEXT Romania-Ukraine 2021-2027 program, according to the press service of the Recovery Agency. According to the report, the program’s governing body has approved the selection of the BOND – Border Operations and National Development project. The project has been recommended for funding and may receive a grant of up to €690,900, which is 90% of the total project budget.
The Recovery Agency noted that BOND is the next stage of comprehensive work on opening the Shepit-Izvoarele Sucevei border crossing point, provided for by an intergovernmental agreement between Ukraine and Romania. Earlier, as part of the Romania-Ukraine 2014-2020 program, mirror infrastructure projects were implemented on both sides of the border – bridges and access roads were built, and flood protection measures were carried out on a 2 km section on the Ukrainian side and a 3 km section on the Romanian side.
As specified, the BOND project provides for the technical equipment of the checkpoint on both sides of the border, in particular the purchase and installation of specialized equipment for the safe and efficient operation of the checkpoint, as well as the development of a joint cross-border strategy for the development of border areas.
The Interreg NEXT “Romania-Ukraine” program for the period 2021-2027 is aimed at supporting cross-border cooperation and covers the border counties of Romania and the Zakarpattia, Ivano-Frankivsk, Chernivtsi, and Odesa regions of Ukraine.
BORDER, CHECKPOINT, EUROPEAN UNION, GRANT, MODERNIZATION, ROMANIA
The Ministry of Economy, Ecology, and Agriculture of Ukraine will resume accepting applications for grants for the development of horticulture, berry growing, viticulture, and greenhouse farming on February 2, 2026. Documents will be submitted through the Diya portal. The total budget for the program in 2026 is $465 million, according to the ministry’s press service.
“We are resuming one of the important programs to support farmers — grants for orchards and greenhouses. This is not short-term assistance, but an investment in the development of the agricultural sector, the creation of jobs in communities, and the improvement of production sustainability. (…) Our goal is to support producers, stimulate the creation of value-added products, and ensure the sustainable development of rural areas, especially in the context of war and post-war recovery,” emphasized Taras Vysotsky, Deputy Minister of Economy, Environment, and Agriculture.
The Ministry of Economy specified that grants for orchards will be available for planting and developing plantations ranging from 1 to 25 hectares. The maximum amount of support is up to UAH 10 million per recipient, but no more than UAH 400,000 per hectare. Grants for greenhouses are provided for the construction of modular greenhouses with an area of 0.4 to 2.4 hectares. The size of the grant will depend on the area: 0.4-0.6 hectares – up to UAH 2 million, 0.8-1.2 hectares – up to UAH 3.5 million, 1.6-2.4 hectares – up to UAH 7 million.
For projects in frontline and deoccupied territories, the state may cover up to 80% of the project cost. The project must be implemented on land whose ownership or use rights have been confirmed for at least seven years.
