European Bank for Reconstruction and Development pledges €35 million to aid Kharkiv
Source: Ihor Terekhov/TelegramThe European Bank for Reconstruction and Development (EBRD) has pledged up €35 million to support Kharkiv’s crippled critical infrastructure ahead of winter months. This package consists of a €25 million loan and a €10 million non-refundable grant, as announced on October 23, 2024.
Kharkiv Mayor Ihor Terekhov thanked EDRD for its unprecedented aid that underscores the deep trust between the band and Ukraine’s 2nd largest city, built over years of cooperation.
The funds will go toward maintaining the operation of essential services, including utilities that provide heat, water, and energy to residents. They will also help set up the decentralized systems of heat, water, and energy supply, which will strengthen the city’s infrastructure against enemy attacks. It will also help curb rising utility costs for the public.
In related news, Pennsylvania has also pledged support to help rebuild Zaporizhzhia, particularly its energy infrastructure, following an agreement between Ivan Fedorov, the head of Zaporizhzhia’s regional administration, and Pennsylvania Governor Josh Shapiro.
After the start of the full-scale invasion in February 2022, Ukraine witnessed an unprecedented wave of private support for the army. Citizens, big businesses, charitable foundations, and international philanthropists began financing the country’s defense alongside state assistance provided by international partners. Estimates of total private contributions range from tens to hundreds of billions of hryvnias. However, determining the exact amount remains difficult. In many cases, companies combine military aid, humanitarian programs, tax payments, social spending, and employee support in their reporting.
Rinat Akhmetov’s military initiative, “Steel Front”, has delivered a batch of drones worth UAH 214 million to the 1st “Azov” Corps of the National Guard of Ukraine. This shipment is part of the Metinvest Group’s ongoing support for the unit in 2025.
On October 6, the Administrative Cassation Court within the Supreme Court of Ukraine continued hearing case No. 990/80/25, in which the fifth President and leader of the party “European Solidarity”, Petro Poroshenko, seeks to have Presidential Decree No. 81/2025 from February 12, 2025 — enacting sanctions by the decision of the National Security and Defense Council (NSDC) — declared illegal and annulled. The plaintiff claims the document was falsified and that the sanctions are a tool of political persecution of the opposition, contrary to international norms. Government representatives deny the allegations and insist their actions were lawful. Journalists of Bukvy were present at the hearing.
Rinat Akhmetov’s Metinvest Group has completed the construction of an upgraded underground NATO Role 2 hospital in one of the hottest sectors of the frontline. This is the second stabilization point established under the Steel Front initiative in cooperation with the Medical Forces of the Armed Forces of Ukraine. The new facility, funded by Metinvest with an investment of UAH 21 million, is more secure than the first one thanks to its deeper location underground (over 6 meters) and additional fortifications.
Five armored vehicles “Kozak” have received a new mission – thanks to the support of Metinvest, they have been upgraded to full-fledged command and staff vehicles. These upgraded vehicles are now operating on the front line.