For the first time since the start of the full-scale war, the European Bank for Reconstruction and Development (EBRD) has provided the Kernel agricultural holding with $45 million in financing for a renewable energy project. The decision was approved by the bank’s Board of Directors and signed during the Ukraine-EU Business Summit in Brussels.
According to a statement from Kernel’s Communications, PR, and GR Department, the total cost of the project is estimated at $86 million. In addition to the EBRD, negotiations are ongoing with other international lenders, and Kernel will finance the remaining investment. The European Union will provide partial coverage of the first-loss risk under the Investment Facility for Ukraine (UIF).
The project involves the construction of a 106 MW solar power plant (SPP) in southern Ukraine and the installation of energy storage systems. The facility is expected to generate approximately 141 GWh of electricity from renewable sources annually and reduce carbon dioxide emissions by 82,500 tons. Once the transmission line is completed, the plant will be integrated into Ukraine’s Unified Energy System (UES) and will supply “green” electricity to the domestic market.
“The development of ‘green’ energy is one of Kernel’s key investment priorities. Today, Ukraine is acutely feeling a shortage of power generation, as large facilities remain vulnerable to attacks. Our response to these challenges is the development of distributed generation, particularly solar and wind power, as well as the implementation of energy storage systems. Connecting new capacity to the power grid is Kernel’s contribution to the stability and energy security of the entire country,” said Kernel CEO Yevgen Osipov.
Overall, Kernel’s strategy involves building a portfolio of green energy projects with a total capacity of up to 600 MW. The expected investment in this area is approximately $400 million.
The Ukraine Investment Framework (UIF) is an investment mechanism under the EU’s €50 billion Ukraine Facility program, aimed at rebuilding and modernizing Ukraine’s economy. Under the UIF, EBRD financing is backed by EU guarantees through the HI-BAR program, which reduces risks for investors and helps attract funding for renewable energy and climate technology projects.
Kernel Agri-Holding is the world’s largest producer and exporter of sunflower oil, Ukraine’s largest grain exporter, an operator of an extensive network of logistics assets, and a leading producer of grains and oilseeds in Ukraine. It is one of the largest producers and sellers of bottled oil in Ukraine. It is engaged in the cultivation and sale of agricultural products.
The “Autostrada” Group of Companies has begun the reconstruction of a 1.2-meter-diameter sewer collector in the metro construction zone in Vinogradar; to carry out this work, a remotely controlled shield system from Herrenknecht AG was purchased, with an estimated cost of EUR 1 million.
According to the Autostrada press service, the project will involve laying a new storm sewer system with a total length of 400 m using over 200 pipes. The work is being carried out using the microtunneling method (a high-precision trenchless technology for laying underground utilities without breaking ground), which allows work to proceed in densely built-up urban areas without impacting traffic or the surrounding infrastructure.
The preparatory phase is currently underway—two shaft shafts (launch and reception chambers) are being constructed, from which tunneling will begin in just a few months.
To carry out the work, Autostrada has purchased a remote-controlled shield system from the German manufacturer Herrenknecht AG. The cost of the equipment is approximately 1 million euros. The maximum length of a single tunneling run can reach up to 150 m, ensuring efficiency and continuity of work.
On the section between the “Mostytska” and “Varshavska” stations, over 1,000 m of double-deck monolithic tunnels have already been constructed (500 m per deck). Work on their finishing is being carried out simultaneously on two sections, which significantly accelerates the pace of construction. The construction of monolithic structures on the fork branch section toward the future “Vinogradar” station has also been completed.
At the “Mostytska” station, construction of prefabricated full-section tunnel linings, each approximately 200 m long, has been completed. The next stage is the installation of cable structures in the completed tunnels, which serves as a preparatory step for the subsequent installation of utility networks and the station’s power supply systems.
In the shaft above the deep-level tunnel between the “Syrets” and “Mostytska” stations, installation of the ring-laying machine has been completed; this machine will replace the rings of the left-hand tunnel lining with larger-diameter rings. The right-hand tunnel in this section has already been built.
Construction of the turnaround sidings at the “Varshavska” station is in its final stage. Currently, a shield-type airtight seal—a massive steel structure designed to isolate tunnels and stations—is being installed here. It protects the metro from potential emergencies, including shock waves, flooding, and hazardous substances, and serves as a critical component of the civil defense system, enabling the division of underground structures into sealed compartments.
At all metro construction sites in Vinogradar, work is underway to relocate utility lines outside the construction zone. The relocation of water supply and drainage systems, as well as power lines, is being carried out in stages. Such work ensures the uninterrupted operation of the city’s infrastructure and creates the necessary conditions for the continued execution of construction and installation processes without restrictions.
As previously reported, in August 2024, the municipal enterprise “Kyiv Metro” signed a contract to continue construction of the Syretsko-Pecherska Line toward the Vinogradar residential area. The winner of the tender was Avtostrada Group of Companies LLC. The project duration is set at 30 months, with a total cost of 13.785 billion UAH. The procurement was conducted on the Prozorro public procurement platform. “Avtostrada” resumed metro construction in November 2024.
In December 2023, the Kyiv Metro municipal enterprise terminated its contract with Kyivmetrobud JSC through the courts due to failure to meet construction deadlines. The issue of recovering a portion of the advance payment—the use of which is not confirmed by the relevant certificates of work performed—as well as penalties, is being resolved in court.
The Ukrainian industrial company Interpipe has joined another project in the renewable energy sector, supplying pipes for an offshore wind farm in the North Sea off the coast of the United Kingdom.
According to the company, construction of the plant, located 69 km off the coast of Suffolk, England, is in its final stage—the installation of turbines.
As specified, Interpipe’s pipes were previously used in the construction of the foundations for the future wind turbines. The company’s products serve as a mooring system near the wind turbine foundations, where service personnel boats can dock. In total, nearly 2,500 tons of pipes of various sizes were manufactured and shipped for this project.
“The distinctive feature of the pipes for this order lies in their wall thickness and the need to adhere to geometric parameters, as well as in the requirements for the metal’s corrosion resistance in a marine environment. It is very important for us to meet the expectations of our customers and end-users,” explained Jorge Ruiz, sales manager for pipes in European markets.
The project is scheduled to launch in late 2026 – early 2027. The plant will generate at least 1.4 GWh of electricity and will be able to supply over 1.3 million households.
Interpipe is a Ukrainian industrial company and a manufacturer of steel pipes and railway products. The company’s products are supplied to 70 countries worldwide through a network of sales offices located in key markets in the Middle East, North America, and Europe. In 2025, the company contributed 5.556 billion UAH to budgets at all levels.
The state-owned enterprise “Forests of Ukraine” will resume work on 25 projects involving the construction of forest roads with a total length of nearly 90 km in April, the company’s press service announced on Facebook. According to the report, construction of the projects began in the fall of 2025 in the Carpathian, Northern, Podillia, Polissia, and Kyiv branches. Work was suspended for the winter, but contractors are now resuming the projects.
“During the construction of forest roads, temporary storage sites are being established for the storage, sorting, and shipment of forest products. Road signs and signal posts are being installed. Economic and social factors are being taken into account during implementation, and fire safety measures are being ensured,” stated “Forests of Ukraine.”
According to the state-owned enterprise, a new road in the Nadvirna Forest District, over 2 km long, will provide access to forest stands with a timber stock of 22,700 cubic meters. In the Korosten Forest District, the completion of a 3-kilometer road will shorten the route for logging trucks by 10 km. It is expected that thanks to logistics optimization, the cost per cubic meter of timber in this area will decrease by approximately 20%.
“Forests of Ukraine” clarified that construction in the Putyl Forest District will shorten the route for residents of mountain settlements to the district center by 10 km. In addition, major repairs to the road in the Mekshuniv Forest District (Chernihiv Oblast) will ensure that firefighting equipment can reach a body of water, which will be equipped with a pier for rapid water intake.
Overall, the state-owned enterprise plans to build 60 forest roads with a total length of over 200 km by 2026.
On 26 March, the Parkovy Exhibition and Convention Centre hosted the 2026 Investment and Construction Congress, as well as the REM Awards and ‘Interior of the Year. Real Estate 2026’ ceremonies, which brought together 4,033 participants – developers, investors, architects, and representatives from government and business.
According to the organisers, this year’s congress was dedicated to the role of real estate and development as tools for economic growth, Ukraine’s recovery and the transformation of the urban environment.
The event featured an official opening attended by representatives of state and city authorities, as well as a press conference entitled “Urban Environment Development Strategy: Me, You, Society”, which set the tone for the event. The programme also included a panel discussion titled “The Property Market in 2026”, a discussion on the interaction between developers and estate agents, a session on factors driving property value growth, and a discussion on urban planning reform.
According to the organisers, the key takeaways from the congress were the market’s transition from a phase of adaptation to the formation of a new model, the growing role of development in the country’s reconstruction, a shift in focus from square metres to the quality of the environment, and the increasing importance of trust, reputation and human capital for companies in the sector.
The evening part of the event included the presentation of awards to the winners of the REM Awards and the ‘Interior of the Year 2026’ competition, as well as a charity auction and a special performance by Valery Kharchyshyn, frontman of the band ‘Druga Rika’.
The general partner of the event was ‘Creator-Bud’, the premium partner was Europzol, and the general media partners were ‘Interfax-Ukraine’ and ‘Focus’. The event was organised by the DMNTR media group.
Details about the congress and a photo report have been published on the event’s official website.
Interfax-Ukraine is the official information partner of the event.
Karmel (Khmelnytskyi), a manufacturer of concrete plants, plans to invest $10 million in the construction of another plant in Khmelnytskyi for the production of concrete manufacturing equipment, according to Dmytro Kysilevsky, deputy chairman of the Verkhovna Rada Committee on Economic Development.
“As part of its expansion plans, Karmel has purchased a plot of land on the outskirts of Khmelnytskyi for the construction of a new plant to produce concrete manufacturing equipment. The future plant will cover an area of 18,000 square meters—twice the size of the company’s current plant operating in Khmelnytskyi. Earthwork has already begun on the acquired site,” he wrote on his Facebook page on Monday.
Kysilevsky added that the decision to expand production was made in response to growing demand in domestic and export markets, particularly in the U.S.
“The company’s new production site will allow us to triple our capacity for manufacturing concrete plants. Additionally, we plan to launch production of new equipment—self-propelled concrete plants, as well as waste processing lines,” the MP noted.
Currently, according to his data, the company’s production volume stands at 40 concrete plants per year. Thirty percent of the equipment produced is exported.
In addition to stationary and mobile concrete mixers, the plant manufactures silos, cement dispensers, aggregate hoppers, water towers, and gantry cranes designed in-house.
Kysilevsky noted that the average localization rate for equipment manufactured by the Karmel plant is 70%, and products are sold on the domestic market, in particular, through the “Made in Ukraine” policy aimed at supporting Ukrainian manufacturers.
Specifically, concrete plant equipment is covered by a state program that compensates 15% of the cost of Ukrainian-made machinery, and a significant portion of the plant’s products is purchased using state grants of up to 8 million UAH.
“The company is currently considering the possibility of including its silos in the program to compensate 25% of the cost of agricultural machinery products,” the MP said.
According to information on its website, Karmel was founded in 1997. The company specializes in the manufacture of concrete production plants, concrete mixers, and a wide range of related equipment. The company’s production facilities, with a total area of over 40,000 square meters, are located in Ukraine and abroad. KARMEL has representative offices in Europe, Asia, and Africa, and its exports cover more than 20 countries.
