EBRD finances €150 million update of Kyiv metro fleet

Financing transport network renewal

The European Bank for Reconstruction and Development (EBRD) has agreed to provide the city of Kyiv with financial support amounting to €150 million. These funds will be directed towards the purchase of modern rolling stock for the Kyiv Metro, as well as the acquisition of necessary spare parts and specialised equipment for technical maintenance and diagnostics.

The lending mechanism involves a partial guarantee from Spain. In addition, the project is supplemented by grant financing from the bank’s own internal resources.

Expected project outcomes

According to the EBRD press service, the introduction of new cars will significantly enhance the environmental sustainability and reliability of the metro system. The energy efficiency of the new rolling stock is expected to be 25% higher compared to the outdated models it will replace. This will contribute to providing safer and higher-quality services to passengers.