This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is providing a senior loan of up to €30 million to Željeznički Prevoz Crne Gore a.d. (ZPCG), the passenger train operator in Montenegro. The loan, which will be guaranteed by the government of Montenegro, will be used to […]EBRD lends up to €30 million to Željeznički Prevoz Crne Gore a.d.
July 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 senior loan of up to €30 million to Željeznički Prevoz Crne Gore a.d. (ZPCG), the passenger train operator in Montenegro. The loan, which will be guaranteed by the government of Montenegro, will be used to […]EBRD, IFC and CBoJ boost sustainable tourism in Jordan
July 5, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD), International Finance Corporation (IFC) and Capital Bank of Jordan (CBoJ) are supporting sustainable tourism in Jordan by providing an US$ 81 million financing package for the development of Ayla Marina Village, which is part of the Ayla Oasis […]EBRD promotes green transition in Moroccan mining sector
July 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 boosting energy efficiency in Morocco by providing a MAD 150 million (€13.6 million) loan to PROCANEQ, a subsidiary of PROCAN Group, which serves the mining industry. To step up the sector’s green transition, the EBRD financing will […]EBRD promotes modern retail standards in Uzbekistan
July 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 supporting further development of modern retail standards and e-commerce in Uzbekistan by financing the expansion of one of the country’s leading consumer electronics and household appliances chains, CA-store (previously known as “Credit Asia”). The EBRD’s loan […]Bad debts remain stable in emerging Europe despite macro-financial pressure
July 5, 2024 by Leave a Comment
This article is brought to you in association with EBRD. Bad debts remain stable in the European Bank for Reconstruction and Development’s (EBRD) European markets, despite external pressure from macroeconomic uncertainty and geopolitical tensions over the past year, according to the new edition of the NPL Monitor, published today. The latest data suggest that the non-performing loan (NPL) […]EBRD, Switzerland and EU assess effects of the war on SMEs in Ukraine
July 4, 2024 by Leave a Comment
This article is brought to you in association with EBRD. After two years of full-scale war, a majority of Ukrainian small and medium-sized enterprises (SMEs) surveyed for a study published by the European Bank for Reconstruction and Development (EBRD) have managed to stabilise their operations, demonstrating remarkable adaptivity to wartime conditions. The survey indicates that 85 […]EBRD finances the largest battery energy storage system in Central Asia
July 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 Uzbekistan’s objective of developing up to 25 GW of solar and wind capacity by 2030, by organising a facility of up to US$ 229.4 million for the development, design, construction and operation of a 500 MWh […]EBRD announces settlement with Chinese construction company CGGC
July 4, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) has announced a 35-month sanction of the Chinese construction company China Gezhouba Group Company Limited (CGGC) and its 212 subsidiaries, in connection with fraudulent practice relating to the project Corridor VC – Tunnel Prenj in Bosnia and Herzegovina. […]Ukraine parliament ratifies International Chernobyl Cooperation Account agreement
July 3, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The international community and Ukraine are set to enter a new phase of engagement on long-term nuclear safety and decommissioning, with a particular focus on Chornobyl Nuclear Power Plant, thanks to the Ukrainian parliament’s ratification of the International Chernobyl Cooperation Account (ICCA) framework agreement. Parliament approved […]Revolutionising air conditioning with green technology
July 1, 2024 by Leave a Comment
This article is brought to you in association with EBRD. Based in Chisinau, Moldova, EnergySolaris is a deep tech start-up which is active in the climate technology and advanced manufacturing sectors and dedicated to the conception, development and implementation of innovative solutions aimed at addressing specific environmental challenges. The company’s main focus is currently its energy-efficient, […]EBRD enables baby food producer in Serbia to expand its operations
June 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 lending €24.04 million to Fabrika Decje Hrane d.o.o. (“Baby Food Factory”) in Serbia. The company is one of the largest manufacturers of baby food in the country and is part of Nelt Group, a leading group in […]First EBRD loan to Türkiye’s cement sector to boost low-carbon investments
June 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 providing a €25 million loan to Türkiye’s Cimsa to finance the company’s decarbonisation investment programme. The proceeds of the loan will finance the installation of a solar power plant, a waste heat recovery plant, a new silo […]EBRD promotes sustainable mining in Mongolia
June 25, 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 sustainable mining operations and creating new employment opportunities in rural areas of Mongolia by providing funds to Khan Altai Resource (KAR), a special-purpose gold-mining company based in the Gobi Altai province of south-western Mongolia. KAR, a […]EBRD lends €15 million to Intesa Sanpaolo Banka
June 17, 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 funding to Intesa Sanpaolo Banka d.d. Bosnia and Herzegovina consisting of €7 million under the SME Go Green Programme and €8 million under the Go Digital in Bosnia and Herzegovina Programme. These new funds are supported […]Supporting EV charging infrastructure in eastern Europe and the Baltic states
June 17, 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 of €15 million in Eldrive Holding GmbH (Eldrive), a leading regional charging point operator in Bulgaria, Lithuania and Romania. By 2028, it will install and operate 7,400 new electric vehicle (EV) charging stations […]EBRD supports landmark MREL eligible bond issuance in Western Balkans
June 14, 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 RSD 2.3 billiion (equivalent €19.6 million) in the debut issuance of debt securities in Serbia of Raiffeisen Banka ad Beograd, marking the first issuance in the Western Balkans of debt that meets the requirements for […]Supporting renewable investments in Romania
June 14, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is lending €32 million, as part of a €291 million financing package, to build and operate a 192 MW onshore wind farm in Romania, the first phase of a large wind farm with total capacity of 461 MW […]Supporting EV charging infrastructure in eastern Europe and the Baltic states
June 14, 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 of €15 million in Eldrive Holding GmbH (Eldrive), a leading regional charging point operator in Bulgaria, Lithuania and Romania. By 2028, it will install and operate 7,400 new electric vehicle (EV) charging […]
