Finland Allocates €37.3M for Ukraine Recovery via SISU Program
Finland launches the €37.3 million SISU program to support Ukrainian companies in defense, security, and dual-use technology sectors.
🏦Банки та грошіPhoto: Інтерфакс-Україна: економіка
Key points
- Finland allocates €37.3 million through the SISU program
- Funds target investment guarantees and direct loans for Ukrainian companies
- Program focuses on defense, security, and dual-use technology sectors
The Finnish government has approved €37.3 million for Ukraine's recovery under the "Strategic Investments and Support for Ukraine" (SISU) program. According to Finland's Ministry for Foreign Affairs, the funds aim to strengthen Ukraine's economic resilience and mobilize private investment for reconstruction.
The program will support Ukrainian businesses in defense, security, and dual-use technologies through various financial instruments. These include investment guarantees and direct loans, designed to improve financing accessibility for companies and strengthen risk management capabilities.
A key objective of SISU is creating a channel for Finnish companies to enter the Ukrainian market. This should enhance Finnish business participation in Ukraine's long-term economic recovery and promote the internationalization of local enterprises.
The initiative aligns with European Union goals to support Ukraine's innovation potential. Funding will be provided not directly, but through financial solutions, ensuring more efficient resource allocation and attractiveness for private investors.
Source Інтерфакс-Україна: економіка — interfax.com.ua/news/economic/1235583.html ↗
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