In April, Ukraine is launching the “Industrial Ramstein” program. Who will be the first to sign an agreement?
16 March 13:23
In April, Ukraine is launching the “Industrial Ramstein” program to support businesses affected by the war—the first agreement with Germany, worth 30 million euros, is scheduled to be signed. This was reported by the Ministry of Economy, Environment, and Agriculture of Ukraine, according to [Komersant].
“The ‘Industrial Ramstein’ program, which Ukraine is launching together with the KfW Reconstruction Bank through the National Development Agency, is an initial agreement worth 30 million euros, to be signed in April 2026,” the statement said.
“Ukraine aims to rebuild a modern, sustainable, and EU-integrated industrial economy. And the ‘Industrial Ramstein’ program provides an operational mechanism to achieve this goal. In particular, cooperation with KfW provides opportunities for the large-scale modernization of our industry and a long-term economic partnership between Ukraine and Germany,” noted Oleksiy Sobolev, Minister of Economy, Environment, and Agriculture of Ukraine.
Oleksiy Sobolev, Minister of Economy, Environment, and Agriculture of Ukraine, emphasized that the restoration of production capacity is not only an economic challenge for Ukraine but also a matter of European economic security and the resilience of supply chains.
In this context, it is important to scale up the financing architecture of the “Industrial Ramstein” initiative using KfW instruments, including grants, preferential loans, and guarantees.
Sobolev met with representatives of KfW in Ukraine, as well as with Jens Busm, Head of the Economic Cooperation Department at the Embassy of the Federal Republic of Germany in Kyiv.
The parties also discussed other financing opportunities supported by Germany for the restoration of industrial equipment in Ukraine, the possibility of aligning German programs with EU guarantee instruments under the Ukraine Investment Framework, and other related matters.
The Kreditanstalt für Wiederaufbau (KfW) is a state-owned bank of the Government of the Federal Republic of Germany and a leader among German banks in promoting economic development in Germany, Europe, and the world. In Ukraine, KfW’s activities focus on areas such as: support for small and medium-sized businesses; construction and energy conservation, environmental protection; financing of social infrastructure (water supply, energy supply, education, healthcare, etc.); export and project financing; and refinancing.
