Finland to strengthen Ukraine's reconstruction efforts through strategic investment and support programme
The Ministry for Foreign Affairs is contributing EUR 37.3 million to support Ukraine’s reconstruction as part of the Strategic Investment and Support for Ukraine (SISU) programme, a joint initiative of the Ministry and Finnvera. The funding comes in full from the European Union's Ukraine Investment Framework (UIF) and is delegated to the Ministry for Foreign Affairs. The funding decision complements the SISU programme, which aims to accelerate Ukraine’s reconstruction and increase private sector investment in the country. In October 2026, Finnvera and the European Commission signed a EUR 240 million SISU guarantee agreement, which will enable financing for investments that strengthen Ukraine’s critical infrastructure and improve opportunities for Finnish businesses to contribute to the country’s reconstruction.
The SISU programme supports Ukrainian businesses in the defence, security and dual-use technology sectors to grow, expand internationally and access financing, while also helping them manage risks and prepare for investment. At the same time, the programme supports Finland’s and the EU’s objectives to strengthen Ukraine’s financial sustainability, innovation capacity and long-term reconstruction efforts, while increasing private investment in building the country's future.
“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,” says Minister for Foreign Affairs Elina Valtonen.
“The Ministry for Foreign Affairs and Finnvera have created new financing opportunities for Finnish companies seeking to enter the Ukrainian market. The SISU programme complements existing market access and business financing services by offering solutions tailored to the needs of companies of different sizes through financing and a risk-sharing model. This will enable Finnish businesses to take part in Ukraine's reconstruction and economic development,” Minister for Foreign Trade and Development Ville Tavio says.
Inquiries:
- Ramses Malaty, Deputy Director General, Department for Development Policy, +358 295 351 001
- Kati Bhose, Senior Adviser, Development Policy, Project Management Unit, +358 295 350 108
- The email addresses of the Ministry for Foreign Affairs are in the format firstname.lastname@gov.fi