EU and Ukraine strengthen business partnership

On 13 November, the European Commission convened the EU-Ukraine Investment Conference at the ReBuild Ukraine Expo in Warsaw, bringing together more than 5,000 participants from Ukrainian and international business communities, government institutions, financial organisations, and international partners. 

The EU-Ukraine Investment Conference is organised in close collaboration with the Ministry of Economy, Environment and Agriculture of Ukraine.

Ahead of the conference, the EU and the Ukrainian government reaffirmed their shared commitment to deepening economic cooperation. 

A key pillar of this partnership is Ukraine’s continued commitment to delivering the reforms required for progress on its EU path and for creating a predictable, rules-based business environment.

Enlargement Commissioner Marta Kos and Deputy Prime Minister Taras Kachka chaired a high-level roundtable with business leaders from the EU and Ukraine, including companies active in strategic sectors such as energy, renewable generation, and critical raw materials.

Commissioner Kos highlighted the need for Ukraine to accelerate and fully implement the reforms outlined in the Enlargement Report, stressing that progress on the rule of law and anti-corruption remained indispensable for EU integration and for strengthening the business climate.

Deputy Prime Minister Kachka welcomed the recommendations set out in the latest Enlargement Report and affirmed Ukraine’s determination to implement them. 

The second pillar of the EU–Ukraine Business Partnership focuses on mobilising financing for reconstruction through the Ukraine Investment Framework (UIF). With Norway’s recent contribution of €127 million, the UIF now totals €9.5 billion, of which close to €7 billion has already been committed. 

These funds, expected to leverage around €22 billion in investment, will achieve their full impact as Ukraine continues to strengthen transparency, regulatory stability, and effective implementation.

Energy remains a central sector of cooperation. Alongside emergency gas support, UIF guarantees are enabling the development of decentralised renewable energy projects. 

Continued improvements to the regulatory environment will help to accelerate these investments and support Ukraine’s long-term energy resilience.

A third pillar of cooperation focuses on boosting new FDI from EU companies. Projects emerging from the first Call for Expressions of Interest, such as Notus’s 120 MW wind farm in Odesa and Rengy Development’s solar and storage projects, demonstrate strong investor interest, while also underscoring the importance of predictable permitting, legal clarity, and a level playing field.

The European Commission and the Ukrainian government will maintain close engagement with the private sector, including at the next EU-Ukraine Business Summit in April 2026 and at the upcoming 2026 Ukraine Recovery Conference in Poland. 

Find out more

Press release

Joint Statement on Strengthening the EU–Ukraine Business Partnership, issued in April 2025