NordicUkraineInvest Signs Cooperation Memorandum with Ukraine’s National Association of Extractive Industries

Kyiv, Ukraine | 1 October 2026 NordicUkraineInvest has signed a Memorandum of Cooperation with the National Association of Extractive Industries of Ukraine (NAEIU), establishing a framework for cooperation aimed at supporting international partnerships and investment opportunities in Ukraine’s extractive and raw materials sectors.The Memorandum was signed by Lesia Ignatyk-Eriksen, representing NordicUkraineInvest, and Kseniia Orynchak, Founder and Executive Director of NAEIU, during the United by Mining 2026 forum in Kyiv.

Strengthening Ukrainian–Nordic Business Cooperation

The cooperation will focus on identifying promising Ukrainian projects and facilitating connections with potential industrial, technological and financial partners, particularly in Denmark and other Nordic countries.Priority areas include: extractive industries and critical raw materials, mineral processing and value-added production, energy-related projects and industrial modernisation, international investment and financing opportunities, technology partnerships and cross-border business cooperation.

Under the Memorandum, the parties intend to exchange information on potential projects, conduct preliminary assessments of cooperation opportunities and facilitate dialogue with relevant international stakeholders.Specific projects and commercial arrangements will be subject to separate agreements.

United by Mining 2026: Industry Development During Wartime

The Memorandum was signed in connection with United by Mining 2026, which brought together representatives of Ukrainian industry, government institutions, investors, business associations and international organisations.Discussions addressed the challenges facing Ukraine’s extractive industries during the war, including the protection of industrial facilities and employees, energy security, the restoration and modernisation of production capacities, and the development of domestic raw materials processing.The forum also highlighted the importance of international cooperation and access to investment for Ukraine’s long-term industrial recovery.

Looking Ahead

For NordicUkraineInvest, the Memorandum represents an opportunity to strengthen business connections between Ukraine and the Nordic region and to support the development of commercially viable projects.The next steps will focus on identifying potential cooperation opportunities, engaging relevant partners and exploring practical pathways for project development.NordicUkraineInvest looks forward to working with NAEIU to create new opportunities for Ukrainian businesses and international partners.