Tag Archives: EBRD

EBRD gives an overview of its climate resilience investment activities

LONDON, 15-Mar-2017 — /EuropaWire/ — The world is changing – 2016 was the hottest year on record, setting a new high for the third year in a row. In the same year, carbon dioxide levels officially passed the symbolic 400 ppm … Read the full press release

EBRD supports DIY retail chain OMA to open up to nine new stores across Belarus by the end of 2019

Project to promote cross-border cooperation and business expansion LONDON, 15-Mar-2017 — /EuropaWire/ — Belarusian customers will benefit from the expansion of the leading domestic DIY retail chain OMA supported by the EBRD. The European Bank for Reconstruction and Development (EBRD) is … Read the full press release

EBRD celebrates four years of its Advice for Small Business programme in Jordan

ASB programme has provided support and advice to 191 SMEs in the country. LONDON, 15-Mar-2017 — /EuropaWire/ — The EBRD is celebrating four years of support for small businesses in Jordan under the Bank’s Advice for Small Business programme funded by … Read the full press release

EBRD on talks with Uzbekistan government on ways of increasing its engagement in the country

Discussions with government on ways to increase EBRD engagement in the country LONDON, 15-Mar-2017 — /EuropaWire/ — An EBRD delegation, headed by President Suma Chakrabarti, will visit Uzbekistan on 15-17 March 2017. The visit will include high-level meetings with the authorities … Read the full press release

Landmark EBRD Transition Report to be unveiled at Kopaonik Business Forum

EBRD report on perceptions of reforms and inequality will be presented at main business event in Serbia LONDON, 07-Mar-2017 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD), one of the largest institutional investors in Serbia and the Western … Read the full press release

Informal Sector Poses Biggest Challenge to Economic Growth of Western Balkans

Grey economy, politics, taxes and electricity named as obstacles to business LONDON, 07-Mar-2017 — /EuropaWire/ — Countries in the Western Balkans have strong growth potential, which can be realised with the right investment and a better business environment. But life … Read the full press release

Société Générale Albania and EBRD partner to support local farmers and agribusiness companies in Albania

Local farmers and agribusiness companies to benefit from fresh funds LONDON, 12-Jan-2017 — /EuropaWire/ — Société Générale Albania and EBRD are joining forces to increase local farmers’ and agribusiness companies’ access to finance, especially in remote regions of the country. The … Read the full press release

EBRD supports PVC profile production in Turkmenistan

LONDON, 12-Jan-2017 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is continuing to support private small and medium-sized enterprises (SMEs) in Turkmenistan by enabling one such company to expand into a new sector. Ak Gap, a manufacturer of … Read the full press release

EBRD President Sir Suma Chakrabarti initiates high level discussions with private philanthropic organisations in United States

Sir Suma Chakrabarti has meetings in Washington and New York LONDON, 12-Jan-2017 — /EuropaWire/ — The President of the European Bank for Reconstruction and Development, Sir Suma Chakrabarti, has concluded a visit to the United States to initiate high level discussions … Read the full press release

EBRD releases latest episode of the Pocket Economics podcast

New episode of the EBRD podcast available for download LONDON, 12-Jan-2017 — /EuropaWire/ — The latest episode of the Pocket Economics podcast looks at the correlation between economic growth and the increase in life satisfaction across the EBRD regions. It explains … Read the full press release

EBRD extends €24 million stand-by credit line to the Deposit Insurance Fund of Kosovo (DIFK)

€24 million to further strengthen financial sector and investment climate LONDON, 27-Dec-2016 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is extending a €24 million stand-by credit line to the Deposit Insurance Fund of Kosovo (DIFK), an independent … Read the full press release

EBRD to fund the acquisition of 50 new buses by the city of Gaziantep in south-eastern Turkey

LONDON, 27-Dec-2016 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is extending a €5 million loan and a €5 million grant to the city of Gaziantep in south-eastern Turkey for the acquisition of 50 new buses. With a … Read the full press release

EBRD provides €76M for the construction of additional sections of the Corridor Vc motorway in Bosnia and Herzegovina

LONDON, 27-Dec-2016 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is continuing its support for the development of transport infrastructure in Bosnia and Herzegovina. The development of Corridor Vc is a strategic priority for Bosnia and Herzegovina and … Read the full press release

EBRD to invest in the development of the Krumovgrad gold and silver mining project in south-eastern Bulgaria

EBRD to become shareholder in Canadian investor Dundee Precious Metals to promote highest industry standards LONDON, 27-Dec-2016 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is investing C$ 43.7 million (approximately US$ 32.7 million equivalent) in the development … Read the full press release

EBRD to announce new €400m financing package for small-scale renewable energy and resource efficiency projects in Turkey

LONDON, 06-Dec-2016 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) will announce a new €400 million financing package for small-scale renewable energy and resource efficiency projects in Turkey in a Sustainable Energy Excellence Awards Ceremony on 7 … Read the full press release

EBRD to publish its latest Life in Transition Survey on 13 December

Report is a unique barometer of people’s hopes, fears and aspirations in over 30 countries LONDON, 06-Dec-2016 — /EuropaWire/ — On 13 December, the EBRD will publish its latest Life in Transition Survey (LiTS), a unique series of reports that lay … Read the full press release

EBRD loans €15m to Romania’s second-largest city for 50 new buses with low carbon emissions

€15 million to improve commute and reduce pollution in Romania’s second-largest city LONDON, 05-Dec-2016 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is providing a €15 million loan to the city of Iasi for the acquisition of 50 … Read the full press release

EBRD and EU launch programme to support farmers in Tajikistan

First stage to help replace obsolete machinery in primary agriculture as MFI Arvand becomes first partner in the programme LONDON, 20-Oct-2016 — /EuropaWire/ — The EBRD and the EU have launched a new €42 million (US$ 46.5 million) programme to support … Read the full press release

EBRD opens office in Sfax, Tunisia

Sfax office will strengthen support for regional development LONDON, 20-Oct-2016 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is strengthening its outreach in Tunisia with the opening of an office in the city of Sfax in the south east … Read the full press release

Italian cable and wires manufacturer La Triveneta Cavi opens factory in Moldova following €24m investment supported by EBRD

EBRD supports investment with €6.2 million loan LONDON, 20-Oct-2016 — /EuropaWire/ — The Italian cable and wires manufacturer La Triveneta Cavi has inaugurated a new factory in Moldova‘s Straseni industrial park, following a €24 million investment supported by the European Bank … Read the full press release

EBRD to work with EU and Sweden to finance the renovation and development of wastewater systems in Bosnia and Herzegovina

  LONDON, 07-Sep-2016 — /EuropaWire/ — The EBRD is working with the EU and Sweden to finance the renovation and development of a clean water and wastewater systems in Bosnia and Herzegovina benefitting more than 35,000 people. Addressing such regional challenges … Read the full press release

EBRD with parallel lenders to provide €123 million to the Croatian food and pharmaceutical producer Podravka d.d.

Bank provides €123 million financing together with parallel lenders LONDON, 07-Sep-2016 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is providing a financing package of up to €123 million to the Croatian food and pharmaceutical producer Podravka d.d. … Read the full press release

EBRD to support Turkish subsidiary of the Sweden-based Group Systemair AB with €5.5 million loan

€5.5 million loan for construction of new greenfield site LONDON, 07-Sep-2016 — /EuropaWire/ — Deepening its support for Turkey’s private sector, the European Bank for Reconstruction and Development (EBRD) is providing a loan of €5.5 million to Systemair-HSK, the Turkish subsidiary … Read the full press release

EBRD celebrates its 25th birthday this month

The EBRD at 25: building private sector-led economies to strengthen economies and societies LONDON, 11-Apr-2016 — /EuropaWire/ — “Nothing is more powerful than an idea whose time has come,” is a quote commonly attributed to the French writer Victor Hugo. … Read the full press release

EBRD funds largest dairy producer in Egypt Juhayna to boost milk production in the Nile Delta

Farmers trained to realise the full potential of Egypt’s agriculture LONDON, 04-Mar-2016 — /EuropaWire/ — Egypt’s Nile Delta is one of the cradles of civilisation; its fertile lands have been a major source of agriculture and people’s livelihoods for millennia. Yet, … Read the full press release

EBRD will help National Bank of Greece to scale up its trade finance activities

Facility will help National Bank of Greece scale up trade finance LONDON, 04-Mar-2016 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is supporting the expansion of international trade with a facility to National Bank of Greece under the … Read the full press release

EBRD funds new, cleaner and more energy-efficient electricity generating plant in Atyrau, Kazakhstan

Loan to Sagat Energy will finance launch of 11MW gas-fired power plant LONDON, 01-Feb-2016 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is continuing to support the Green Economy drive in Kazakhstan by financing a new, cleaner and … Read the full press release

EBRD invests EUR31 million in Turkey’s first corporate bond with TRLIBOR as its benchmark rate

Bank supports Turkey’s first corporate bond with TRLIBOR as its benchmark rate. LONDON, 01-Feb-2016 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is moving to deepen Turkey’s local capital markets as Rönesans Holding, one of the country’s largest … Read the full press release

Mongolian ice-cream maker Teso expands with support from EBRD

The EBRD supported the expansion of Mongolian ice-cream maker Teso with local currency lending and business advice. LONDON, 01-Feb-2016 — /EuropaWire/ — Making ice-cream in Mongolia, where winters are very long and extremely cold, might not appear to be the … Read the full press release

EBRD supports expansion of Slovenia-based producer of calcium carbonate fillers, granulates and sands with €10 million loan

Bank supports expansion of Calcit d.o.o. LONDON, 24-11-2015 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is providing Calcit d.o.o., a Slovenia-based producer of calcium carbonate fillers, granulates and sands for use in construction, and in the … Read the full press release