Ukraine House Davos 2026: A Hub for Investment Amidst Conflict

During the World Economic Forum in Davos, Switzerland, from January 19 to 22, 2026, Ukraine House emerged as a pivotal venue for securing significant investments aimed at the country's recovery amidst ongoing conflict. Ulyana Khromyak, the executive director of Ukraine House, reported that the event facilitated investment deals totaling 350 million euros ($411 million). Notable agreements included over 150 million euros ($176 million) for the Catalyst Fund, led by Kyiv-based Horizon Capital, and an additional 200 million euros ($235 million) through the Amber Dragon Ukraine Infrastructure Fund, established by Dragon Capital and U.S.-based Amber Infrastructure.

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Khromyak emphasized that Ukraine is not merely seeking aid but is actively presenting itself as a viable investment destination. The discussions at Ukraine House this year shifted focus from minerals, which dominated previous forums, to strategic sectors such as energy, agriculture, and digitalization. This change reflects Ukraine's ongoing efforts to modernize its economy and infrastructure, which have suffered extensive damage due to the war, with estimates of at least $170 billion in direct infrastructure losses.

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Khromyak stated, "We are showing that Ukraine has spirit and that we are not just a random country on the map," highlighting the resilience and potential of Ukrainian businesses. She noted that the atmosphere at Davos has shifted positively, with increased international attendance and a strong emphasis on immediate investment opportunities. Alona Shkrum, Ukraine's first deputy minister for Development of Communities and Territories, remarked on the necessity of rebuilding efforts, stating, "Infrastructure, transport system, logistics, and transport hubs are suffering enormously during the war."

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Despite the positive developments, skepticism remains regarding Ukraine's ability to secure the vast sums needed for reconstruction. Critics point to the ongoing conflict and the challenges of attracting sustained foreign investment. Concerns have been raised about the feasibility of the ambitious $800 billion recovery plan over the next decade, given the current geopolitical climate.

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• "We do have the success stories that new foreign investors are coming to Ukraine." — Ulyana Khromyak, Executive Director, Ukraine House Davos

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• "This fund is absolutely crucial for the reconstruction of the country." — Matteo Patrone, EBRD Vice President

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• "We need to achieve a just and sustainable peace — we deserve it, right?" — Ulyana Khromyak, Executive Director, Ukraine House Davos

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• "Imagine what will happen once peace comes in." — Oleksii Sobolev, Economy Minister of Ukraine

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Looking ahead, Ukraine House aims to continue fostering international partnerships and securing investments that will support the country's recovery and development. The ongoing discussions at Davos signal a commitment to integrating Ukraine into global supply chains and enhancing its economic stability, even as peace negotiations remain complex and unresolved.

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