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Engineering Recovery: ŽĎAS and URF Collaborate to Rebuild Ukraine

24/ 09/ 2025
  ŽĎAS a.s., a respected Czech engineering company, and the Ukraine Recovery Fund (URF) are collaborating to deliver strategic infrastructure projects across Ukraine.  Together, they demonstrate how industrial excellence and targeted funding can fast-track impactful reconstruction in a region devastated by war. Meet Pavel Cesnek: Bridging Industry and Impact At the heart of this partnership is Pavel Cesnek, CEO of ŽĎAS and Managing Partner at URF. With decades of experience in heavy industry and international project management, Pavel connects two essential worlds: engineering and strategic reconstruction.  Why This Partnership Works Engineering Expertise: ŽĎAS has delivered EPC energy infrastructure across Europe for over a decade.  100% Equipment Financing: URF enables full coverage of project equipment and installation.  Shared Mission: Both partners are committed to scalable, replicable recovery solutions rooted in transparency and impact. What’s Next  This is just the beginning. As Ukraine’s reconstruction progresses, the synergy between robust engineering and strategic financing will be key. URF and ŽĎAS are already exploring new opportunities to expand their collaboration — both in scale and across sectors.

ŽĎAS a.s., a respected Czech engineering company, and the Ukraine Recovery Fund (URF) are collaborating to deliver strategic infrastructure projects across Ukraine. 

Together, they demonstrate how industrial excellence and targeted funding can fast-track impactful reconstruction in a region devastated by war.

Meet Pavel Cesnek: Bridging Industry and Impact

At the heart of this partnership is Pavel Cesnek, CEO of ŽĎAS and Managing Partner at URF. With decades of experience in heavy industry and international project management, Pavel connects two essential worlds: engineering and strategic reconstruction. 

Why This Partnership Works

  • Engineering Expertise: ŽĎAS has delivered EPC energy infrastructure across Europe for over a decade. 
  • 100% Equipment Financing: URF enables full coverage of project equipment and installation. 
  • Shared Mission: Both partners are committed to scalable, replicable recovery solutions rooted in transparency and impact.

What’s Next 

This is just the beginning. As Ukraine’s reconstruction progresses, the synergy between robust engineering and strategic financing will be key. URF and ŽĎAS are already exploring new opportunities to expand their collaboration — both in scale and across sectors.

This material is provided by a member company or partner organization of the European Business Association as part of an informational collaboration. The Association is not responsible for the accuracy, completeness, or reliability of the information presented. The views, opinions, and recommendations expressed in this material are solely those of the authors and do not reflect the official position of the European Business Association.

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