Teresa Czerwińska

European Investment Bank (EIB) and ORLEN Group, Poland’s largest energy company, signed a second PLN 900 million loan agreement this year to finance projects supporting energy transition in the country. Totalling PLN 1.8 billion, EIB funding will be used to strengthen and expand power distribution network of system operator Energa, which is majority owned by ORLEN.

The European Investment Bank (EIB) has announced €16.5 million in EU-backed funding to renew urban public transport in Kyiv, Mykolaiv, Ivano-Frankivsk and Odesa. Backed by an EU guarantee, this operation is part of the EIB’s Ukraine Solidarity Urgent Response package, developed in close collaboration with the European Commission. Building on the previously disbursed €17.25 million for transport upgrades, this tranche underscores the European Union’s steadfast commitment to supporting Ukraine’s infrastructure recovery and resilience, including updates to transport systems that enable cities to address war-related losses and adapt to increasing urban demands.

The European Investment Bank (EIB) and Ukraine’s State Bureau of Investigation (SBI) have signed a memorandum of understanding to enhance cooperation in combating potential fraud and corruption involving European Union-backed investments in Ukraine. Signed by EIB Inspector General Monique Koning, General Counsel José Maria Fernández Martin and Deputy Director of the SBI Oleksandr Sokolov during a visit by an SBI delegation to EIB headquarters in Luxembourg, this partnership marks a significant step forward in enhancing preventive measures to safeguard EIB-funded financial support for Ukraine.