EUR 400 million urban transport loan: what went wrong and how to fix it

17 February 2026, The page

Over the past ten years, Ukraine has received EUR 400 million from the European Investment Bank to modernise urban public transport. These are two major projects — “Urban Public Transport of Ukraine” (2017-2025) and “Urban Public Transport of Ukraine II” (2022-2027).

The money was supposed to help medium and large cities upgrade worn-out trams and trolleybuses, make transportation more convenient and reduce emissions. Some of the new trolleybuses are already operating on the routes. But if you look more broadly, you can see that the changes in the public transport system are much smaller than they could be.

Read the full article (in Ukrainian) here: €400 million urban transport loan: What went wrong and how to fix it