Netherlands to contribute €65m to Ukraine Energy Support Fund
The Netherlands has decided to contribute €65 million to the Ukraine Energy Support Fund.
Source: press service for Ukraine's Energy Ministry, as reported by European Pravda
Details: Roman Andarak, Ukraine's Deputy Energy Minister, thanked the Dutch government's Special Envoy for Ukraine, Erica Schouten, for the decision.
"This is considerable support for us and it will make a meaningful contribution to the ongoing repair campaign as we prepare for the next heating season. These funds will allow us to partially meet our immediate needs," Andarak noted.
Schouten, in turn, emphasised that the energy sector will remain a key priority for her country in continuing to support Ukraine.
The meeting also tackled the issue of the equipment needs of Ukraine's fuel and energy sector, particularly in the gas production industry, which has recently experienced regular Russian attacks. Both parties agreed to explore further opportunities for cooperation in this area.
Background:
On 14 March, the Canadian government made an additional contribution of €33.4 million to the Ukraine Energy Support Fund.
Earlier, Iceland had transferred over €2 million to the Fund.
Support Ukrainska Pravda on Patreon!
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
29 minutes ago
- Yahoo
Pro-Ukrainian partisans destroy car used by Russian drone operators in occupied Melitopol, Atesh claims
A car used by drone operators in the Russian 64th Separate Motorized Rifle Brigade was destroyed by the Atesh partisan group in occupied Melitopol overnight on June 10, the group claimed. The Atesh group says they destroyed a military vehicle which contained a "mobile electronic warfare system," claiming they temporarily "paralyzed" the work of the Russian unit. "The resistance in southern Ukraine is alive and we are increasing the pressure every day," the Atesh group said in a post to Telegram. Meanwhile, Russia conducted a large-scale missile and drone attack on Kyiv and Odesa. One was killed, and seven were injured in both cities. In Odesa, a medical facility and maternity hospital were damaged in the Russian attack. "An incendiary mixture was used, which engulfed the car in a matter of seconds and completely destroyed it," Atesh said. The group claims they destroyed the car while it was left unguarded after studying the location and habits of the Russian crew. "This vehicle was used for covert movement and tactical missions in the south of Ukraine. Now the enemy is left without critical transport," the Atesh group said. The Kyiv Independent could not verify the group's claims. The Atesh partisan group regularly conducts sabotage attacks in Russia and Ukraine's Russian-occupied territories. Read also: Ukraine begins new major prisoner exchange with Russia We've been working hard to bring you independent, locally-sourced news from Ukraine. Consider supporting the Kyiv Independent.
Yahoo
40 minutes ago
- Yahoo
Chip designer Alphawave sees stock soar on Qualcomm takeover agreement
Shares in chip designer Alphawave rose sharply on Monday after the British-Canadian firm agreed to be acquired by US rival Qualcomm for around $2.4bn (€2.1bn) in cash. As of around 9.45am London time, Alphawave's stock had risen around 23% in daily trading on the LSE. Qualcomm's offer values each share at 183p, a 96% premium on the closing price seen on 31 March, the final day before Qualcomm and Alphawave announced they were holding discussions. The $2.4bn valuation is still half of the total worth attributed to Alphawave when it launched an IPO in 2021. At its stock market debut, Alphawave shares were worth 410p each and the group was valued at £3.1bn (€2.7bn), although the firm has generally traded well below this level since its IPO. The deal is expected to close in the first three months of 2026, subject to shareholder and regulatory approval. Related London Stock Exchange urged to do more to hold onto retail traders Why the US is banning Qualcomm and Intel from exporting some chips to China Alphawave designs semiconductor technology for data centres and AI applications, thus providing Qualcomm with an opportunity to diversify away from smartphone components. 'Qualcomm's acquisition of Alphawave Semi represents a significant milestone for us and an opportunity for our business to join forces with a respected industry leader and drive value to our customers,' said Tony Pialis, CEO of Alphawave Semi. 'By combining our resources and expertise, we will be well-positioned to expand our product offerings, reach a broader customer base, and enhance our technological capabilities,' he added. Cristiano Amon, CEO of Qualcomm, commented on the deal: 'The combined teams share the goal of building advanced technology solutions and enabling next-level connected computing performance across a wide array of high growth areas, including data center infrastructure.' Alphawave said its directors would unanimously advise shareholders to vote in favour of the takeover. For the deal to go ahead, it would require a green light from investors representing 75% of shares. The takeover raises concerns about the attractiveness of listing in the UK, particularly after other high-profile departures from the LSE. Food-delivery service Deliveroo and cybersecurity and AI firm Darktrace have both agreed to be acquired by US firms. The fintech Wise also announced last week that it would be moving its primary listing to the US.
Yahoo
an hour ago
- Yahoo
Russia strikes Kyiv and Odesa with aerial attacks, at least two people wounded, officials say
Russia launched a drone attack on Kyiv overnight into Tuesday, with air raid sirens blaring for hours and residents hearing regular explosions, and local officials reporting damage to residential buildings and at least two people wounded. Air raid sirens have been blasting since midnight local time in the capital and air defense systems have been working non-stop in the city center, a CNN producer said. A large number of unmanned aerial vehicles are still reaching the capital, said Kyiv mayor Vitaliy Klitschko in a post on Telegram. At least two people have been wounded so far in the capital, Klitschko added. Preliminary damage was reported in the Desnianskyi, Obolonskyi and Shevchenkivskyi districts, according to Tymur Tkachenko, head of the Kyiv city military administration. In the southern port city of Odesa, Russian attacks struck a maternity ward, according to Andriy Yermak, Chief of Presidential Staff. A residential building was also hit, according to Odesa mayor Hennadiy Trukhanov, adding at least one person was killed based on preliminary reports. The overnight attacks follow Russia's biggest drone strike on Ukraine on Monday, where Russia fired 479 UAVs at Ukraine in an overnight aerial assault, surpassing the highest number of drones Moscow has launched in a single day for the second consecutive weekend. This is a developing story and will be updated.
