Support to Ukraine cooperatives

The consequences of the war in Ukraine are catastrophic, from the human point of view, as well as economically and socially. After many months of armed conflict, the country’s network of cooperative companies has also suffered drastic effects.

COOP Ukraine, the national entity that groups the sector together, reveals the serious problems that companies are suffering from in order to develop their activity. In the most conflictive areas, many buildings and business installations have been destroyed or are in a precarious condition. Additionally, the instability of the energy sources and power cuts, hinder communications or food refrigeration activities, amongst many others.

"In the liberated territories, our people are returning to work," explains Illia Gorokhovskyi, president of the employers' cooperative of Ukraine, "in spite of the danger and the difficulties, we are trying to provide the local population with the basic necessities." The president of the employers underscores a specific need for companies: electricity generators with a capacity of between 4 and 10 kilowatts.

The entity led by Gorokhovskyi has created a solidarity fund to receive the international aid intended for the affected cooperatives and it has designed the necessary protocols to ensure the transparency of the process and to guarantee that the funds reach the areas where they are needed most.

The banking data to contribute with Ukraine cooperatives is:

Ukrainian Central Union of Consumer Societies

IBAN: UA423052990000026002016718688

SWIFT: PBANUA2X

JSC CB “PRIVATBANK”, 1D HRUSHEVSKOHO STR., KYIV, 01001, UCRANIA