Meloni’s pitch to Italy’s business. On Thursday at the Ukraine Recovery Conference 2025 in Rome, Prime Minister Meloni invited Italian companies to join the reconstruction of Ukraine.
- “Not a gamble,” she said, but “an investment in a nation that has shown more resilience than any other.”
- Government bodies—including SACE, CDP and Simest—alongside financial institutions, stood ready to back them.
New €2.3 billion EU package. European Commission President Ursula von der Leyen announced €2.3 billion in fresh funding for Ukraine—€1.8 billion in loan guarantees and €580 million in grants—designed to unlock up to €10 billion in investments.
- She also unveiled a new Team‑Europe equity fund, initially funded at €220 million by the European Investment Bank, Italy, France, Germany and Poland, to scale to €500 million by 2026.
Aerospace and shipbuilding. A key deal involves aerospace giant Leonardo, air‑traffic controller Enav, and Ukraine’s UkSatse.
- Leonardo will deliver five radar systems, with Enav providing operational expertise to reopen Ukraine’s civil ACAS airspace infrastructure.
- In the shipbuilding sector, as Italy looks to support Odessa’s reconstruction, Italian shipbuilding giant Fincantieri will set up a shipyard hub in the city on the Black Sea.
Gas link. Italian gas‑grid operator Snam signed a memorandum with Ukraine’s GTSOU to explore cross‑border pipeline transport.
- Other goals include helping optimise storage facilities, advancing decarbonised gas research, and assessing LNG market opportunities.
Rail safety. Rail‑tech leader Mermec teamed up with Ukrainian firm Impulse to deploy advanced safety systems, aligning Ukraine’s network with EU standards.
- Mermec’s CEO, Vito Pertosa, called it “essential for technological cooperation.”
Credit support. Italian export credit agency SACE signed onto the InvestEU Ukraine Export Credit Guarantee Facility, securing €24 million to back SMEs in exporting reconstruction goods and services.
- More than 500 European exporters—and nearly 90 Italian firms—are expected to benefit.
- SACE, along with state lender CDP and export and investment support arm Simest, inked an MoU with Ukraine’s economy ministry.
- Simest will allocate €300 million to provide export credit to Italian companies joining the reconstruction effort.
