OKKO to raise €10 million from the EBRD for the development of its electric vehicle charging network

The project envisages the installation of new charging stations along key transport corridors and in major cities across Ukraine. The company expects that the investment will significantly increase the number of available charging points and accelerate the development of the country’s electric vehicle market, demand for which continues to grow despite wartime risks and instability in the energy sector.

The EBRD financing will be provided as part of support for sustainable transport infrastructure and the decarbonization of Ukraine’s economy. The bank has traditionally financed projects aimed at improving energy efficiency, reducing CO₂ emissions, and developing environmentally friendly transport.

For OKKO, the development of its EV charging network is one of the priority investment areas alongside its traditional fuel business, renewable energy projects, and biofuels. The company is gradually expanding its presence in the electric mobility market by installing charging hubs at its filling stations and integrating digital services for EV owners.

Ukraine’s electric vehicle market continues to show growth. According to sectoral associations, the number of registered electric cars in the country is increasing every year, driving demand for modern charging infrastructure. The development of such projects is also viewed as part of Ukraine’s future integration into the European sustainable mobility market.

OKKO is among the largest filling station networks in Ukraine and is actively investing in new energy segments. The attraction of financing from the EBRD confirms the interest of international financial institutions in the development of Ukrainian infrastructure even under wartime conditions and economic uncertainty.