On June 16, KSE Institute, together with the Nordic development finance institutions Norfund, Swedfund, Finnfund, and Impact Fund Denmark, brought Ukrainian companies together in Kyiv to discuss how long-term financing with a high tolerance for risk can support business, investment, and Ukraine’s recovery.

Panel discussions featured companies and investors such as Scatec, Dragon Capital, Horizon, and Bank Lviv. They shared how DFI financing helps launch commercially strong projects, plan growth years ahead, and build more mature companies, with better governance, more transparent processes, and stronger teams.

Deputy Minister of Economy, Environment and Agriculture of Ukraine Yehor Perelygin thanked representatives of the Nordic countries and development finance institutions for their consistent support for Ukraine and emphasized that economic recovery requires not only public financing, but also the large-scale mobilization of private capital.

“International support, public financing, macro-financial assistance and loans remain extremely important. At the same time, Ukraine’s recovery, reconstruction and investment needs cannot be met solely through public capital or international public institutions. The key task is to create instruments that reduce risks for private investors and allow capital to be directed into the most important sectors of the economy,” he said.

“Today, both the scale of financing and the quality of capital matter for Ukraine. We are here to work together to secure long term resources and trust, that are the foundations for lasting partnerships in a structured risk environment,” said Nataliia Shapoval, President of KSE Institute.

“Ukrainian businesses show strong resilience and clear growth potential. Our role is to provide long-term capital and be a partner as companies scale,” said Simen Berger Øby, Head of Norfund’s Ukraine Investment Fund.

Marie Aglert,  Chief Investment Officer of Swedfund, said: “Ukraine is one of Swedfund’s key priorities as an investment organization. We understand the scale of the challenges the country is facing, but we are convinced that a strong and resilient private sector is essential for Ukraine’s recovery. Ukrainian companies have already demonstrated their adaptability and ability to operate in extremely difficult conditions. This is why we are scaling up our investments in Ukraine in particular in sectors like renewable energy, food and agriculture, logistics.” 

“We have committed to helping businesses build a more resilient Ukraine. These examples show what we look for: strong business cases, committed owners, and a clear growth strategy,” said Hanna Loikkanen, Chief Investment Director, Finnfund.

“Ukraine is a key priority for Impact Fund Denmark. We were here before the war, we continued our investments during the war, and we are committed to supporting the country with long-term capital that helps businesses and communities build resilience and scale further. We are happy to organize this event in partnership with like-minded Nordic DFIs to build greater awareness of our institutions and the financing solutions we collectively offer in Ukraine,” said Lars Krogsgaard, Chief Investment Officer, Impact Fund Denmark.

The main goal of such meetings is to move from discussions about investment to concrete projects. Ukraine’s private sector is already part of the country’s economic resilience.