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 […]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 […]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 and Zagrebačka banka sign €100 million facility
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 partnering with Zagrebačka banka (ZABA) to provide an uncapped unfunded portfolio guarantee of up to €80 million under the European Union’s InvestEU Programme. ZABA will be the EBRD’s first partner financial intermediary under the programme. This financial instrument is designed […]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 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, EU and Bank Respublika to support Azerbaijani MSMEs
November 19, 2024 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 US$ 7.5 million (€7 million) in local currency to Bank Respublika, one of Azerbaijan’s leading commercial banks. That partner bank will lend the proceeds on to micro, small and medium-sized enterprises (MSMEs). The […]EBRD, European Union and United States help Kyiv prepare for winter
November 19, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is extending an unfunded portfolio risk-sharing facility for up to €25 million to Commercial International Bank (CIB) to promote on-lending to small and medium-sized enterprises (SMEs) in Egypt. The EBRD facility will help cover up to 50 per cent of […]EBRD invests €15 million in Cogito Fund II
November 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 supporting the development of the venture capital market in central and eastern Europe (CEE) by investing €15 million in Cogito Fund II, managed by Cogito Capital Partners (Cogito), a leading venture capital firm in the region. Cogito is […]EBRD guarantee to QNB Egypt to unlock €70 million for small firms in Egypt
November 11, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is extending, for the first time in Egypt and the southern and eastern Mediterranean region, an unfunded portfolio risk-sharing facility for up to €35 million to QNB to support on-lending to Egyptian enterprises. The EBRD’s facility will cover up to 50 […]EBRD invests in Estonian e-commerce search innovator Miros
November 5, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD), through its venture capital arm EBRD Venture Capital, is supporting the growth of Miros as part of a €6 million pre-series A extension round. The round was led by EBRD Venture Capital and Tera Ventures alongside existing investors […]EBRD and EU invest in energy efficiency in Montenegrin schools
November 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 providing a loan of up to €20 million to the government of Montenegro to improve the energy efficiency of 24 educational buildings in the country. The funds will be channelled through the Ministry of Education, Science and […]EBRD and EU support Voltalia’s first project in Uzbekistan
November 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 helping Uzbekistan to further decrease its reliance on carbon-intensive thermal-power generation and will facilitate the country’s transition to a low-carbon economy by providing funds to construct a solar plant in the Khorezm region of the country. The […]EBRD supports first healthcare-sector PPP in Central Asia
November 1, 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 advanced standards of medical care and helping to introduce a public-private partnership (PPP) model to Kazakhstan’s healthcare-sector by arranging a financing package of €365 million provided by six financial institutions for the construction and operation of […]EBRD supports Ukrainian city of Kharkiv with €25 million loan
October 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 €25 million to the city of Kharkiv in north-eastern Ukraine. The loan will help ensure the provision of vital municipal services in the city and mitigate the effects of the ongoing war. The Bank’s senior loan will be […]Boosting competitiveness of pomegranates in Jordan
October 1, 2024 by Leave a Comment
This article is brought to you in association with EBRD. At the Kufrsoum Cooperative of Pomegranate Producers, over 500 farmers are preserving a legacy passed down through generations. With 200 acres of orchards and 50,000+ pomegranate trees, they produce high-quality pomegranate products while offering visitors a chance to experience farming firsthand. From picking pomegranates to savoring […]Growth in EBRD regions trimmed as economies adjust to new realities
September 27, 2024 by 1 Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) has revised slightly downwards its expectations of growth across the regions where it invests. Its latest Regional Economic Prospects report gives a growth figure for 2024 of 2.8 per cent, 0.2 percentage points down on its previous forecast […]EBRD helps Ukraine’s banks to unlock €690 million of new lending
September 12, 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 new guarantees to Ukraine’s banking sector and unlocking €690 million of new financing to critical industries in wartime Ukraine. The Bank is extending unfunded portfolio risk-sharing facilities to PrivatBank, Ukrgasbank, KredoBank and Bank Lviv, under which the […]EBRD deepens cooperation with AccessBank in Azerbaijan
September 10, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) has relaunched its Risk-Sharing Facility (RSF) in Azerbaijan by partnering with AccessBank to share risk in loans provided to local small and medium-sized enterprises (SMEs). Under the RSF agreement, the EBRD and AccessBank will each provide up to […]EBRD financing to expand renewables capacity in Türkiye
September 10, 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 loan of US$ 60 million (€55 million) to Türkiye’s Borusan EnBW Enerji to finance the development and construction of 116 MW of onshore wind-energy capacity in Sivas and Tekirdağ. Addressing climate change remains a significant goal […]EBRD supports first renewable hydrogen project in Central Asia
August 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 helping to decarbonise fertiliser production and power generation in Uzbekistan by financing a pilot renewable hydrogen facility. It will consist of a 20 MW electrolyser and a greenfield 52 MW wind power plant. The EBRD is offering […]EBRD makes equity investment in Bank of Palestine
August 28, 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 International Finance Corporation (IFC) are supporting the Palestinian economy in challenging times with an equity investment in Bank of Palestine. Under the new investment agreement, Bank of Palestine will issue additional shares, with the EBRD acquiring […]EBRD supports expansion of Romania’s La Cocos retail chain
August 23, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD), in tandem with private equity fund managers CEECAT Capital and Morphosis Capital, is supporting the expansion of La Cocos, a food retailer in Romania. The EBRD’s €10 million equity investment, plus that of its co-investors, will support the […]EBRD arranges €40.1 million financing to Elektroprivreda BiH towards Bosnia and Herzegovina’s green transition
August 15, 2024 by Leave a Comment
This article is published in association with United Nations. The European Bank for Reconstruction and Development (EBRD) is providing a €25.1 million loan to Elektroprivreda Bosne i Hercegovine (EPBiH), the largest public electricity generation and distribution utility in Bosnia and Herzegovina, to develop and construct a 50 MWp solar power plant on a former coal ash […]EBRD lends €70 million to Ukraine postal operator
August 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 €70 million to Nova Post, a leading private postal and courier operator in Ukraine, to finance its investment programme for 2024. “The loan will support the company’s long-term growth strategy, which envisages a transformation of its […]EBRD acquires stake in Sarytogan Graphite Limited
August 9, 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 its first direct equity investment in the graphite and critical raw materials sector in Central Asia by acquiring a stake in Sarytogan Graphite Limited, an Australian Securities Exchange-listed company involved in the exploration of the Sarytogan […]EBRD lends US$ 60 million to Kazakhstan’s Bank CenterCredit
August 8, 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 greater use of green technologies and creating growth opportunities for small firms in Kazakhstan by providing a financial package of US$ 60 million (€55.3 million) to the country’s major private lender, Bank CenterCredit (BCC). The package […]EBRD, donors and Crédit Agricole Egypt boost green investments in Egypt
August 6, 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 small businesses and green investments in Egypt with a loan of US$ 20 million (ca.€18.5 million equivalent) to Crédit Agricole Egypt, one of Egypt’s largest commercial banks and a subsidiary of Crédit Agricole Group. The loan, […]EBRD supports rollout of EV charging infrastructure in Poland
August 6, 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 €20 million to European charge point operator Allego to finance the construction of EV charging stations in Poland. The EBRD financing will enable Allego to benefit from support from the CEF-Transport Alternative Fuels Infrastructure Facility in decarbonising […]
