This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is investing in Poland’s leading business travel management company, eTravel. The Bank has acquired an indirect stake in the company in tandem with Enterprise Investors Fund IX, a private equity fund in which the EBRD is a limited partner. […]EBRD invests in eTravel, Poland’s leading business travel management firm
January 8, 2025 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is investing in Poland’s leading business travel management company, eTravel. The Bank has acquired an indirect stake in the company in tandem with Enterprise Investors Fund IX, a private equity fund in which the EBRD is a limited partner. […]EBRD and Credit Agricole Ukraine join forces to support Ukrainian firms
January 8, 2025 by Leave a Comment
This article is brought to you in association with EBRD. The signing of a Risk Sharing Framework (RSF) agreement for €50 million between the European Bank for Reconstruction and Development (EBRD) and Credit Agricole Ukraine (CAU) today will enhance the capacity of the bank to make loans to a greater number of Ukrainian companies, including small […]EBRD’s EU-backed guarantee to OTP Bank Ukraine to enable €200 million of new lending
January 7, 2025 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is extending a new, unfunded portfolio risk-sharing facility to Ukraine’s JSC OTP Bank (OTPU) to enable €200 million of new financing to Ukraine’s private sector in the midst of the ongoing war. The EBRD’s facility will cover up to […]EBRD supports sustainable real estate redevelopment and repositioning in Greece
January 6, 2025 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is investing €21.7 million in the P&E Investments Axiopoiisis & Anaptyxis Akiniton consortium in Greece, alongside Dimand – a longstanding partner of the Bank – and Premia Properties, in exchange for a 20 per cent share of the […]EBRD improves wastewater services in West Irbid, Jordan
January 6, 2025 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is providing US$ 30 million in sovereign financing to the Water Authority of Jordan (WAJ) to improve wastewater services for around 200,000 habitants of West Irbid in Jordan. The new investment will help to complete the construction of a […]EBRD lends €20 million to Serbia and Montenegro Air Traffic Services Agency
January 3, 2025 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is extending a loan of up to €20 million to Serbia and Montenegro Air Traffic Services Smatsa Llc. (SMATSA), the air traffic services agency that covers the air space of Serbia and Montenegro. It will be accompanied by […]EBRD backs renewables push by Türkiye’s Polat Enerji
January 3, 2025 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is providing a USD $65 million loan to Türkiye’s Polat Enerji to finance the development and construction of a 77 megawatt (MW) hybrid solar and wind power facility in Türkiye. Funding for the project also includes a concessional loan of up […]A warm cup for the winter: EBRD and EU help fuel DABOV Specialty Coffee’s success
January 3, 2025 by Leave a Comment
This article is brought to you in association with EBRD. With the winter holidays in full swing, there is no better way to embrace the season than with a rich, warm cup of coffee. DABOV Specialty Coffee, founded by Jordan Dabov, a passionate coffee enthusiast from Bulgaria, continues to lead the charge in offering exceptional coffee experiences that […]EBRD lends up to €105 million to Serbia to decarbonise district heating
December 31, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is providing a sovereign loan of up to €105 million to Serbia, through the Ministry of Finance, to benefit Novosadska Toplana Novi Sad, the district heating company of Novi Sad. The project is expected to be co-financed by an […]EBRD supports the largest onshore wind project in Africa
December 31, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is promoting renewable energy and low‑carbon technologies in Egypt by arranging a syndicated loan worth US$ 275 million for the construction and operation of the largest wind farm in Africa. The US$ 275 million syndicated loan to Suez Wind consists […]EBRD launches portfolio risk-sharing product in Kosovo
December 27, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is signing the first portfolio risk-sharing facility in Kosovo with Raiffeisen Bank to unlock €25 million of new finance for micro, small and medium-sized enterprises (MSMEs). Around 20 per cent of the facility will be used for Green […]EBRD supports Romanian retailer Profi in supply chain transition
December 27, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) has partnered with Banca Transilvania to enhance the supply chain finance programme for Profi Rom Food SRL, a leading retail chain operating in Romania. The EBRD is taking on risk of up to €10 million in local currency […]EBRD supports sustainable growth of Bulgarian protein bars producer
December 27, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is partnering with UniCredit Bulbank to support the expansion and sustainable growth of Healthy Bars, a leading Bulgarian protein bar company. The EBRD is sharing the risk on a €14.8 million senior secured loan provided by UniCredit Bulbank […]EBRD finances construction of high-voltage transmission line in Uzbekistan
December 27, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is increasing the reliability and sustainability of Uzbekistan’s electricity supply by helping to finance the construction of a new high-voltage transmission line connecting the country’s north-western and south-western regions. The EBRD is issuing a sovereign loan of up […]EBRD, Akbank and Sok team up to support earthquake-hit suppliers
December 27, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is participating in the Supply Chain Finance (SCF) programme of Türkiye’s Akbank in favour of Sok.. With the EBRD’s involvement, the amount of the programme will be augmented, making it possible for more than 100 suppliers, mostly based […]EBRD and EU provide €3 million loan to NLB Banka AD Podgorica as part of SME Go Green programme
December 16, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD), in partnership with the European Union (EU),is providing a loan of up to €3 million to NLB Banka AD Podgorica to contribute to the development of Montenegro’s SME sector – mainly for financing small and medium-sized enterprises (“SMEs”) . […]Supporting a Serbian housing association through the GEFF programme
December 16, 2024 by Leave a Comment
This article is brought to you in association with EBRD. In the face of soaring energy prices, many households across the Western Balkans are searching for ways to lower their heating and electricity bills. The EBRD is working with local partner banks and donors to provide financing to households and housing associations, supporting investment in energy-saving […]EBRD and EU support Marsa Maroc to enhance the competitiveness of Moroccan ports
December 16, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is investing in Morocco’s maritime sector with a loan of up to MAD 690 million (equivalent to €65 million) to Marsa Maroc SA. The EBRD loan will finance increases in the capacity of the multipurpose terminals at the […]EBRD and Araratbank provide boost for Armenian firms
December 16, 2024 by Leave a Comment
This article is brought to you in association with EBRD. Armenia’s private sector is set to benefit from fresh funds for green initiatives, thanks to a US$ 10 million (€9.5 million) financial package to Araratbank from the European Bank for Reconstruction and Development (EBRD). The funding is in partnership with the European Union (EU), the Green […]EBRD and NIB finance greener public transport in Vilnius
December 11, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) and the Nordic Investment Bank (NIB) are supporting the roll-out of greener public transport in Vilnius, Lithuania by each lending €40 million to Vilniaus Viešasis Transportas (VVT), the city’s urban transport company. The €80 million co-investment will enable […]Supporting Romanian market development
December 10, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The revised corporate governance code for the Romanian market is published today by the Bucharest Stock Exchange (BVB). BVB and the European Bank for Reconstruction and Development (EBRD) worked together to review the code, aligning it with recent regulatory changes, with updated global standards and market […]EBRD and Romania to strengthen cooperation in renewable energy
December 9, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) intends to support the design and implementation of future renewable energy auctions in Romania, according to a Memorandum of Understanding signed today by the country’s Energy Minister Sebastian Burduja and EBRD Head of Romania Victoria Zinchuk. Supported by […]EBRD increases stake in Estonian renewable-energy producer Sunly
December 6, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) has increased its equity stake in Sunly, a renewable-energy developer and Independent Power Producer of power, with a €36 million investment. The EBRD became a minority shareholder in Sunly in 2023, having invested €30 million alongside the French […]EBRD loan to AKLease supports green financing
December 5, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is providing a €50 million loan to Türkiye’s AKLease, a longstanding partner in the country, for on-lending to sub-borrowers implementing green investments such as energy efficiency, renewable energy and climate resilience measures. With this loan, AKLease (a fully […]EBRD helps to consolidate Kazakhstan’s power system
December 4, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is contributing to greater energy security in Kazakhstan and helping to improve the reliability of its power supply system by arranging €267 million in financing for the Kazakhstan Electricity Grid Operating Company (KEGOC). The financial package consists of […]EBRD makes €50 million equity investment in Croatia’s Podravka Agri
December 3, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is making an equity investment worth €50 million in Podravka Agri, a new subsidiary of Croatia’s Podravka Group. The investment will support Podravka Agri’s acquisition of Fortenova Group’s agricultural division, which includes Belje plus, PIK-Vinkovci plus, Vupik plus, Energija […]EBRD loan to support Team Agro’s first geothermal greenhouse project
December 3, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is providing a US$ 30 million loan to Türkiye’s Team Agro Gıda Sanayi Ve Ticaret, helping the company to finance its first geothermal greenhouse project and meet its working capital needs. The company’s newly built geothermal greenhouse in Aksaray, […]EBRD participates in Garanti BBVA’s Basel III-compliant Tier II bond issuance
November 29, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is investing US$ 75 million in Garanti BBVA’s second Basel III-compliant Tier II (B3T2) bond issuance in 2024. The financing will be used to further strengthen Garanti BBVA’s capital position, bolster its growth prospects and optimise its capital structure, […]EBRD supports expansion of APU Dairy
November 29, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is supporting the development of Mongolia’s agribusiness sector, which employs almost one-third of the country’s workforce and accounts for nearly 13 per cent of its GDP, by granting a US$ 20 million loan (in MNT equivalent) to one […]EBRD loan to improve water services in earthquake-affected Gaziantep
November 28, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is providing a sovereign loan of up to €110 million to Türkiye, through the Ministry of Treasury and Finance. Iller Bankasi, the authorised body responsible for disbursing all critical municipal infrastructure financing by international financial institutions in the […]EBRD and Palestinian Ministry of National Economy partner on insolvency law reform
November 27, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is partnering with the Palestinian Ministry of National Economy to develop a comprehensive insolvency law for businesses and citizens in the West Bank and Gaza. The new insolvency law will enhance the competitiveness of the Palestinian economy and […]EBRD warns its economies to take care with industrial policies
November 26, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The global resurgence of industrial policies – state-led strategic interventions designed to reshape an economy’s production structure – can yield positive results but need to be designed and implemented with tactical precision, the European Bank for Reconstruction and Development (EBRD) said today. The Bank’s latest […]Türkiye launches industrial decarbonisation investment platform
November 26, 2024 by Leave a Comment
This article is brought to you in association with EBRD. Türkiye has launched the Türkiye Industrial Decarbonisation Investment Platform (TIDIP) in Ankara today in a significant step towards achieving the country’s net-zero ambitions. The initiative is spearheaded by the European Bank for Reconstruction and Development (EBRD). The TIDIP aims to deploy $5 billion in investments by […]
