Denmark to allocate €130m for investment in Ukraine's defence industry
www.pravda.com.ua
4 days ago

Denmark will provide guarantees to compensate Danish companies willing to invest in Ukraines defence industry.
Source Ukraines First Deputy Prime Minister and Economy Minister Yuliia Svyrydenko Details The Danish government, through the Danish Export and Investment Fund EIFO, plans to guarantee up to 70 of investments made by domestic companies in Ukraines defence sector.
The total value of the programme is 130 million approximately US140 million.
EIFO is well known to Danish businesses, as it already actively supports both domestic enterprises and Ukrainian ones through this instrument, Svyrydenko said.
She revealed that companies are being offered Export credit guarantees reducing the risks of exporting to Ukraine by covering potential payment defaults Direct lending providing loans to Ukrainian buyers of Danish goods and services Investment capital supporting the expansion of Danish companies operating in Ukraine.
Background Denmark earlier allocated 98 million approximately US106 million to purchase equipment aimed at strengthening Ukraines energy security as part of the UkrainianDanish Energy Partnership.
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