Tag Archives: EBRD

EBRD’s New Country Strategy for Mongolia Outlines the Bank’s Investment Priority For the Next Four Years

Four-year plan to strengthen resilience and competitiveness LONDON, 12-Jun-2017 — /EuropaWire/ — The EBRD Board of Directors has adopted a new country strategy for Mongolia which outlines the Bank’s investment priorities in the country for the next four years. The strategy … Read the full press release

Lithuania’s Ignalina Nuclear Power Plant Starts Hot Trial of New Solid Radioactive Waste Management and Storage Facility

Major step forward in  EBRD-managed decommissioning process LONDON, 12-Jun-2017 — /EuropaWire/ — The Ignalina Nuclear Power Plant (INPP) in Lithuania has taken another important step forward in the decommissioning process, managed by the EBRD, with the start of the hot trial, … Read the full press release

EBRD and Energy Community To Strengthen Cooperation With Focus on Sustainable Energy Policy Development

LONDON, 12-Jun-2017 — /EuropaWire/ — The EBRD and the Energy Community Secretariat have signed a Memorandum of Understanding strengthening the organisations’ cooperation in the field of sustainable development with a focus on sustainable energy policy development in the Western Balkans, Moldova, … Read the full press release

EBRD Aims To Support Croatia In Achieving Sustainable Growth With New Strategy

Strengthening competitiveness and productivity for sustainable growth LONDON, 12-Jun-2017 — /EuropaWire/ — The EBRD Board of Directors has approved a new strategy for Croatia which sets out the priorities for the Bank’s work in the country for the period 2017-21. The Bank … Read the full press release

EBRD loans EUR186 million to Fayoum Water and Wastewater Company in Egypt

€186 million loan to benefit residents of Fayoum governorate LONDON, 29-May-2017 — /EuropaWire/ — The EBRD is improving the living conditions of approximately three million inhabitants of Egypt’s Fayoum governorate – of whom around one million will have access to sanitation … Read the full press release

EBRD loans EUR150 million to Turkey’s carmaker Ford Otosan

New €150 million loan to Turkey’s top carmaker LONDON, 26-Apr-2017 — /EuropaWire/ — In a new boost to the Turkish automotive industry, the EBRD is providing a €150 million loan to Ford Otomotiv Sanayi A.Ş., (Ford Otosan) to finance improvements to … Read the full press release

Integrating Eastern Europe’s Regional Gas Markets discussion at the EBRD 2017 Annual Meeting and Business Forum

Gas markets underline the importance of integration LONDON, 26-Apr-2017 — /EuropaWire/ — Integration is one of the qualities of a successful modern economy as defined by the EBRD in its new transition concept.  But why is it better to be integrated … Read the full press release

EBRD, PE firm Actera, Esas Holding acquire majority stake in Turkish producer of flexible packaging Korozo Ambalaj

New shareholders aim to develop business into a leading European player LONDON, 26-Apr-2017 — /EuropaWire/ — The EBRD, Actera – the leading private equity investor in Turkey – and Esas Holding – a venture capital firm established by the Sabanci family … Read the full press release

EBRD and Bulgaria’s Société Générale Expressbank AD join forces under a risk-sharing agreement

LONDON, 13-Apr-2017 — /EuropaWire/ — Strengthening the competitiveness of Bulgarian companies through improved access to finance, the European Bank for Reconstruction and Development (EBRD) and Bulgaria’s Société Générale Expressbank AD (SGEB) are joining forces under a risk-sharing agreement. The Risk Sharing … Read the full press release

EBRD names Irina Kravchenko as new Head of its operations in Mongolia

LONDON, 11-Apr-2017 — /EuropaWire/ — The EBRD has appointed Irina Kravchenko as the new Head of the Bank’s operations in Mongolia. She will be based in Ulaanbaatar, the country’s capital city. Ms Kravchenko’s arrival has coincided with Ulaanbaatar joining the EBRD’s … Read the full press release

New funding for pulses and rice producer boosts agribusiness in Turkey

Family business looks to new markets LONDON, 03-Apr-2017 — /EuropaWire/ — In a new boost to agribusiness in Turkey, the EBRD is providing a €20 million loan to Yayla Agro, a family-owned producer of pulses and rice in Turkey. An ambitious … Read the full press release

EBRD and New Development Bank to maintain continuous working relationship

European Bank for Reconstruction and Development and New Development Bank agree on dialogue and cooperation at NDB Annual Meeting in New Delhi LONDON, 03-Apr-2017 — /EuropaWire/ — The New Development Bank (NDB) and the European Bank for Reconstruction and Development (EBRD) … Read the full press release

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