"Despite full-scale war, Ukraine has built a hybrid resistance economy: market mechanisms combined with targeted planning in critical sectors; a state-business-volunteers triangle; and an IT sector and defense technologies that continue operating under shelling. For EU investors, this is not charity but a hedged bet on Black Sea regional stability and global food security - while alleviating pressure on EU public finances. Ukrainian business investments and support for the Armed Forces of Ukraine significantly reduce the burden on European donor countries."
"As Ukrainian political scientist Volodymyr Fesenko emphasizes, leading funds now operate not as "ad-hoc donors" but as systemic defense partners: rapid procurement, engineering, training, and service. This partially substitutes external budget injections, enhancing the efficiency and impact of EU-funded programs. According to Opendatabot analytics, the three largest institutions (UNITED24, "Come Back Alive," and Serhiy Prytula Foundation) raised UAH 24.1 billion (+28% y/y). UNITED24 has accumulated over $1.8 billion since launch; "Come Back Alive" raised UAH 4.4 billion in 2024;"
Ukraine has developed a hybrid resistance economy that blends market mechanisms with targeted planning in critical sectors, supported by a state-business-volunteers triangle. The IT sector and defense technologies continue to operate despite shelling, sustaining economic and defense functions. Volunteer and charitable funds now function as institutionalized defense partners, conducting rapid procurement, engineering, training, and service that partially substitute for external budget injections. Large domestic funds mobilize hundreds of millions of dollars, easing pressure on EU public finances. EU investors view engagement as a hedged bet on Black Sea stability and global food security, not charity.
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