Investments in Ukraine

Impact Fund Denmark invests in Ukraine to support sustainable development and strengthen resilience. We invest in commercially viable private companies and finance public infrastructure projects through government‑to‑government partnerships.

Ukraine investments in numbers

39,848

jobs created

29

years of investing in Ukraine

600

million DKK invested since the invasion

1.49

DKK bn invested in the private sector

Ukraine Facility: Strengthening the private sector during war time

The Danish government has allocated approximately EUR 75 million for 2025–2028 through the Ukraine Facility to help sustain businesses, jobs and economic resilience during the war. Through the facility, Impact Fund Denmark builds partnerships with Danish companies seeking to invest in or expand their activities in Ukraine, supporting commercially viable projects that strengthen the Ukrainian private sector.

As a result, the facility is expected to catalyse significant new private sector investments in Ukraine in the coming years.

Case

Bank Lviv

Bank Lviv provides financing to small and medium-sized companies in Western Ukraine, serving around 45,000 customers.

SDGS

Economic Growth Industry, Innovation and Infrastructure
Read more
Building resilience through public infrastructure

Alongside private‑sector investments, Impact Fund Denmark finances large‑scale green infrastructure projects in Ukraine through loans and grants to the Ukrainian government.

Case

District heating in Ukraine

The district heating upgrade in Kremenchuk enhances energy efficiency and reliability, ensuring consistent heat and hot water for 70,000 residents despite wartime challenges.

SDGS

Clean Energy
Read more
Contact

Managing Director and Co-head of Healthcare and Ukraine

Lisbeth Erlands

+45 33 63 75 27

Managing Director and Co-head of Healthcare and Ukraine

Svitlana Babak Andersen

+45 33 63 75 56

Managing Director and Co-head of Public Infrastructure Finance

Annemette Ditlevsen

+45 33 41 12 41