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Add to Preferred SourcesThe European Investment Bank (EIB) Group provided a record €1.5 billion in new financing for Ukraine in 2025, backing energy, infrastructure, small businesses and EU integration, according to a press release. The figure marks the highest annual level of support since Russia launched its full-scale invasion, and brings total EU-guaranteed financing delivered since 2022 to more than €4 billion.
Energy security was the central priority. The EIB signed a €300 million loan to Naftogaz Ukraine, complemented by a €127 million EU grant from Norway’s Ukraine Facility contribution, to replenish gas reserves and stabilise supply. A further €120 million went to Ukrhydroenergo to rehabilitate strategic hydropower plants, while €200 million was channelled through partner banks to help municipalities restore and upgrade district heating systems ahead of a brutal winter.
Rebuilding essential services for communities remained equally urgent. Through three Recovery Programmes worth €740 million, the EIB is supporting the reconstruction of water, heating and municipal infrastructure — including schools, hospitals and housing — in more than 150 communities, with over 500 projects now underway. A dedicated €100 million Ukraine Water Recovery project is also repairing war-damaged water and wastewater systems to restore safe drinking water and sanitation for millions of Ukrainians.
On connectivity and EU integration, the EIB provided a €134 million loan to repair key roads and bridges and upgrade border crossings along the EU Solidarity Lanes. Ukraine also inaugurated its first European-standard railway line between Chop and Uzhhorod, a tangible step toward deeper transport integration with the EU. For the private sector, agreements with seven Ukrainian banks under the EU4Business Guarantee Facility are expected to unlock around €250 million for some 4,600 SMEs, including businesses run by veterans, displaced persons, women and young entrepreneurs.
Looking to 2026, the EIB says energy resilience and private-sector support will remain top priorities, alongside stronger backing for social housing, connectivity and essential services. The Bank also plans to scale up advisory and technical assistance to help Ukraine meet EU accession requirements. EIB Group President Nadia Calviño stressed that “Ukraine is a top priority” and that the Bank’s focus remains fixed on the systems that keep daily life running and the country on its path toward European integration.