This article is brought to you in association with EBRD. An affiliate of Cerberus Capital Management L.P. (Cerberus), the European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC – member of the World Bank Group) announce today the successful completion of the acquisition of 100 per cent of shares in VeloBank from […]Cerberus, EBRD and IFC finalise acquisition of Poland’s VeloBank
August 5, 2024 by Leave a Comment
This article is brought to you in association with EBRD. An affiliate of Cerberus Capital Management L.P. (Cerberus), the European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC – member of the World Bank Group) announce today the successful completion of the acquisition of 100 per cent of shares in VeloBank from […]EBRD invests in sustainability-linked Eurobond for Türkiye’s Ulker
August 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 investing up to US$ 90 million (€83 million) in a sustainability-linked Eurobond (SLB) issuance by Türkiye’s Ulker Biskuvi Sanayi, one of the country’s leading snack brands. The SLB is part of a larger issuance totalling up to […]Poland to benefit from first EBRD sustainability-linked telecoms loan
August 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 supporting the expansion of fibre-optic internet technology in Poland, by lending PLN 450 million (€100 million) to Fiberhost and INEA, a wholesale fibre broadband operator and retail telecom services provider that together form a leading Polish telecommunications […]EBRD and EU to mobilise up to €100 million for critical raw materials investments
August 1, 2024 by Leave a Comment
The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have launched a joint facility to provide equity investments for the exploration of critical and strategic raw materials, aiming to mobilise up to €100 million in investments. These raw materials are essential to the EU’s digital and green transition. The EU is […]EBRD lends Romanian leasing firm €10 million
August 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 extending a €10 million loan to Garanti BBVA Leasing Romania, a mid-sized finance lease provider that works with small- and medium-sized enterprises (SMEs), to broaden these firms’ access to leasing finance and build their resilience. Garanti BBVA Leasing will […]EBRD invests in Georgia Global Utilities green Eurobond
August 1, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) has successfully participated in the second green Eurobond issuance by Georgia Global Utilities (GGU), with an investment of US$ 40 million of the total US$ 300 million offering. GGU will invest the proceeds to improve the water-network infrastructure […]Digitalising SMEs on a shoestring
July 31, 2024 by Leave a Comment
This article is brought to you in association with EBRD. While large companies readily adopt digital technologies, small and medium-sized enterprises (SMEs) struggle to access the same solutions and are less open to embracing the digital wave. This was one of the key findings of researchers at Cambridge University’s engineering department. They also observed that SMEs […]EBRD boosts renewable energy in Montenegro
July 22, 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-guaranteed loan of up to €28 million to Crnogorski Elektroprenosni Sistem (CGES) for the upgrade of the electrical substation Brezna in north-western Montenegro. The project is highly significant as it will allow to integrate […]EBRD invests in Polish sports e-tailer R-Gol
July 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 investing €20 million in Poland’s leading football merchandise e-retailer, R-Gol, together with private equity fund Innova/7, in which the EBRD is also a limited partner. The EBRD’s investment, as part of a €51.9 million equity round, will […]EBRD provides US $130 million loan to Coca-Cola HBC in Egypt
July 17, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is boosting the competitiveness and growth of Egypt’s private sector, with a loan of US$ 130 million (€123.8 million equivalent) to Coca-Cola HBC Egypt S.A.E (Coca-Cola HBC), to finance the company’s capex and working-capital requirements. The financing package […]EBRD €30 million loan to Serbia for renewable heat generation
July 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 a loan to Serbia of up to €30 million to finance investments in renewable heat generation in several district heating companies in the country, along with related energy-efficiency measures including the modernisation of heat substations and […]EBRD supports small businesses in Kosovo
July 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 boosting small and medium-sized enterprises (SMEs) in Kosovo by extending a loan to Raiffeisen Leasing Kosovo. The Bank’s financing of up to €5 million under the SME Reboot Programme will enable Raiffeisen Leasing Kosovo to increase access to finance […]EBRD Issues EUR 1 billion 7-year Green Bond
July 12, 2024 by Leave a Comment
This article is brought to you in association with EBRD. Bond details: Amount: USD 1 billion Settlement date: 17 July 2024 Coupon: 2.875% annual, Act/ac Maturity date: 17th July 2031 Issue price: 99.856 % Re-offer Spread vs Mid Swaps: +12 bps Re-offer Spread to Benchmark: +47.5 bps Listing: London Stock Exchange’s Regulated Market & Luxembourg Green Exchange (LGX) Use […]EBRD and Banca Intesa Beograd sign financing package of €72 million
July 9, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) has signed a financing package of €72 million with Banca Intesa Beograd that aims to boost the competitiveness and trade potential of businesses in Serbia, as well as further the country’s green transition and promote financial inclusion. The […]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 […]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 […]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 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 […]Investment Committee paves way for first InvestEU projects by EBRD to support green mobility and energy
March 28, 2023 by 1 Comment
This article is brought to you in association with the European Commission. More than €1.1 billion in finance to be mobilised in sustainable projects, supported by €150 million in InvestEU guarantees On Friday, 24 March 2023, the InvestEU Investment Committee has approved guarantees worth up to around €150 million in the form of framework agreements for […]EU Cohesion policy: Commission and EBRD promote innovative use of data in public procurement involving EU funds
November 30, 2020 by Leave a Comment
This article is brought to you in association with the European Commission. The European Commission, the European Bank for Reconstruction and Development (EBRD) and the Open Contracting Partnership are joining forces to improve the quality and transparency of public tenders co-funded by EU funds in Greece and Poland. Thanks to their support, two pilot projects will […]
