Finland directs over €30 million to rebuild Ukraine

The Finnish Ministry for Foreign Affairs has allocated over €30 million to support the reconstruction of Ukraine as part of the joint Strategic Investment and Support for Ukraine (SISU) programme.

Source: European Pravda, citing a statement by the Finnish Ministry for Foreign Affairs

Details: The €37.3 million decision complements the overarching SISU programme, which aims to accelerate Ukraine's reconstruction and increase private sector investment in the country.

The statement notes that the €240 million SISU guarantee agreement signed by Finnvera and the European Commission in October 2026 enables financing for investments that strengthen Ukraine's critical infrastructure and improves opportunities for Finnish businesses to contribute to the country's reconstruction.

Quote from Minister for Foreign Affairs Elina Valtonen: "SISU aims to attract new investment to Ukraine. The programme brings together Finnish business expertise, Ukraine's reconstruction needs and EU funding opportunities. In this way, we are building cooperation between businesses in sectors that are essential to Ukraine. Finland is committed to supporting Ukraine over the long term, with businesses playing a key role in the country's reconstruction and economic growth."

Background:

• On 12 November, the Finnish government also adopted a decision to tighten entry restrictions for Russian citizens.
• On a related note, Finnish Prime Minister Petteri Orpo is convinced that Europe must learn to respond more firmly to the hybrid activities carried out by Russia.

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