
Updated
Finland's Ministry for Foreign Affairs has allocated about €37.3 million to support Ukraine's reconstruction and critical infrastructure through the SISU programme, according to a statement reported on 12 November 2026. SISU is a joint initiative of the ministry and state-owned financing company Finnvera, and the full amount will be channelled through the EU's Ukraine Investment Framework and administered by the ministry. In October 2026, Finnvera and the European Commission signed a €240 million guarantee agreement under SISU to finance investments that strengthen Ukraine's critical infrastructure and open opportunities for Finnish companies in its reconstruction. Ukrainska Pravda reported that the funds are aimed at strengthening critical infrastructure. According to the ministry, SISU helps Ukrainian businesses in the defence, security and dual-use technology sectors reach international markets and obtain financing, and supports their risk management and investment preparation. Minister for Foreign Affairs Elina Valtonen said the programme combines Finnish business expertise, Ukraine's reconstruction needs and EU funding to attract new investment, and that Finland intends to support Ukraine over the long term. Minister for Foreign Trade and Development Ville Tavio said the ministry and Finnvera have created new financing options for Finnish companies entering the Ukrainian market. The allocation adds to Finland's support for Ukraine ahead of the winter season.