Strategic Cooperation on Energy Security
During a working visit to Finland, Deputy Minister of Energy of Ukraine Oleksandr Vyazovchenko met with representatives of Finnish companies Verona Shelters Group and Fortum to discuss cooperation in protecting Ukraine’s energy infrastructure.
Key topics included:
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development of comprehensive security systems for energy and civil facilities;
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borrowing Finnish expertise in physical, technical and corporate protection;
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multi-level protection of nuclear facilities;
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international consolidation of efforts for post-war restoration of Ukraine’s energy sector.
As a result, the Ministry of Energy of Ukraine signed a Memorandum of Understanding with Verona Shelters Group to establish the Shelter Academy in Ukraine — a training and technology hub for specialists in energy security and emergency preparedness.
Finnish Business Expands in Ukraine
At a separate meeting, First Deputy Minister of Economy Oleksiy Sobolev met with top managers of Finnish companies. Over 200 Finnish enterprises plan to enter the Ukrainian market within two years.
Among the key players:
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Nokia – plans to create a defense innovation center in Ukraine with local partners, expand digitalization projects, and accelerate 5G deployment in line with EU standards.
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KONE – focuses on urban infrastructure modernization, including housing, railways, and accessibility in high-rise buildings.
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Wärtsilä – offers modular power plants, energy efficiency solutions, and green recovery projects, emphasizing decarbonization.
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Sweco – active in Ukraine since 1990, working on energy-efficient housing for IDPs, water purification, and industrial park revival, with consulting services aligned with EU standards.
Finland’s National Plan for Ukraine
Finland has adopted a National Plan for the Reconstruction of Ukraine, which provides:
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export financing and investment tools,
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market research and partner search,
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consulting services for Finnish companies.
Key partners include:
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East Office of Finnish Industries – a business leaders’ community,
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Confederation of Finnish Industry – Finland’s largest employer association, which is now creating a business development federation with offices in Kyiv and Helsinki.
This federation aims to help more than 200 SMEs from Finland invest in Ukraine over the next two years, driving reconstruction and offering sustainable business solutions.
Why This Partnership Matters
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Ukraine gains modern technologies to protect its critical energy facilities from threats.
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Finnish companies secure access to a growing reconstruction market aligned with EU integration.
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Joint projects accelerate Ukraine’s energy transition, green recovery, and digital modernization.
“Finland sees Ukraine as a promising market for sustainable investment and innovation. Together we are building a secure, modern, and European future,” Ukrainian officials emphasized.
