Ukrainian Railways secures financial backing from EBRD
Ukrainian Railways has signed an agreement with the European Bank for Reconstruction and Development (EBRD) and the Ukrainian ministry of Finance for a financing round to the tune of 100 million euros, railway chief Alexander Kamyshin announced on twitter Thursday evening.
The deal marks the second financing project for Ukrainian Railways since the start of the war. The company has been the poster child for the Ukrainian resilience and perseverance in the face of Russian aggression. It has enabled the evacuation of displaced people and has been instrumental in the movement of vital goods.
Ukrainian Railways also quickly developed its own brand of so-called ‘iron diplomacy’, transporting a wide range of high-profile individuals, such as President of the European Commission Ursula von der Leyen, speaker of the United States House of Representatives Nancy Pelosi, U2-singer Bono and Hollywood actress, director and UNHCR envoy Angelina Jolie.
According to the Ukraine Crisis Media Center (UCMC), more than 1,000 Ukrzaliznytsia railway workers have been killed by the Russian army since the start of the conflict. Many trains and stations have been fired upon more than once.
Signed €100m agreement with @EBRD and @MinFin_Ukraine. That’s already second financing project with #EBRD since the beginning of the #RussiaUkraineWar. Thanks for #StandWithUkraine to #EBRD and @MatteoPatrone3. Thanks for supporting #railways to @OlKubrakov and @SergiiMarchenk3. pic.twitter.com/UL3kNEMuNb
— Alexander Kamyshin (@AKamyshin) September 1, 2022
- U2 singer Bono lauds Ukrainian Railways in latest celebrity visit
- Ukrainian railway infrastructure targeted yet again
- Five Ukrainian train stations hit on Monday, one railway worker killed
- Railway sabotage after 50 days of war in Ukraine: here is what we know
- Railway infrastructure benefits from EU Military Mobility fund
- Key Russian railway bridge damaged after possible act of sabotage
- Dozens killed at Ukrainian train station after Russian missile strike