Tag Archives: EBRD

EBRD’s Women in Business and the Women Entrepreneurs Finance Initiative (We-Fi) to help Mongolian furniture manufacturer Ganbros set foothold in Russian and Chinese markets

(PRESS RELEASE) LONDON, 13-Sep-2021 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD), an international financial institution, has announced that its Women in Business programme funded by the Women Entrepreneurs Finance Initiative (We-Fi) will provide support and business … Read the full press release

Lithuanian Public Investment Development Agency gets €67.5 million from EBRD for renovation of residential multi-apartment buildings

Loan of €67.5 million to  improve buildings’ energy performance by 40 per cent Second EBRD loan to VIPA scales up successful collaboration on greening buildings Lithuanian project aligns with broader EU climate ambition including Renovation Wave Strategy (PRESS RELEASE) LONDON, … Read the full press release

EBRD provides financing for digital transformation of electricity distribution network in Romania

RON-equivalent of €40 million to help build resilient electricity distribution network in Romania Digitalisation to lead to greater operational efficiency Smart grid will promote integration of renewable projects (PRESS RELEASE) LONDON, 2-Jul-2021 — /EuropaWire/ — European Bank for Reconstruction and … Read the full press release

EBRD appoints Elisabetta Falcetti as the new Head for Poland

(PRESS RELEASE) LONDON, 15-Jun-2021 — /EuropaWire/ — European Bank for Reconstruction and Development (EBRD) announces the appointment of Elisabetta Falcetti as the new Head in in central Europe and the Baltic states (CEB). EBRD President Odile Renaud-Basso has formally introduced … Read the full press release

EBRD highlights its strong commitment to promoting gender equality by joining initiative to step up women empowerment

2X Challenge plans to raise US$ 15 billion by end-2022 Enhancing women’s access to entrepreneurship and leadership opportunities (PRESS RELEASE) LONDON, 9-Jun-2021 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) announces that it has joined the 2X … Read the full press release

Polish Green Building Council and EBRD publish new report on ambitious roadmap to decarbonise Poland’s construction sector by 2050

(PRESS RELEASE) LONDON, 9-Jun-2021 — /EuropaWire/ — New study published today by the Polish Green Building Council (PLGBC) in cooperation with the European Bank for Reconstruction and Development (EBRD) outlines how buildings play a crucial role in Poland’s effort to … Read the full press release

The European Bank for Reconstruction and Development (EBRD) to finance the revitalisation of the abandoned Gredelj area in Croatia

(PRESS RELEASE) LONDON, 22-Apr-2021 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD), a multilateral developmental investment bank, has announced its support for an urban regeneration initiative in Zagreb, Croatia. The bank will be backing an initiative for … Read the full press release

EBRD supports Ukraine agribusiness main player Kernel Group

US$57 million EBRD loan to Kernel Group as part of US$200 million syndication Funds to benefit farmers and support Kernel’s climate action strategy (PRESS RELEASE) LONDON, 16-Apr-2021 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) announces that … Read the full press release

EBRD supports green investments and women-led businesses in Turkey through US$ 100 million loan to Denizbank

Building resilience of the Turkish economy (PRESS RELEASE) LONDON, 19-Feb-2021 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) announces that it has provided US$ 100 million in new funds to Denizbank A.S. for on-lending to local businesses … Read the full press release

EBRD appoints key position to support its green and sustainable transition

(PRESS RELEASE) LONDON, 19-Feb-2021 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) announces the appointment of Harry Boyd-Carpenter as Managing Director, Green Economy and Climate Action, a key position for the Bank’s delivery of its goal to … Read the full press release

Croatia: EBRD to support Erste & Steiermärkische Bank’s bonds issuance with EUR 9 million

EBRD invests €9 million in bonds by Erste & Steiermärkische Bank Securities compliant with EU regulation Engagement to strengthen resilience and green agenda (PRESS RELEASE) LONDON, 5-Feb-2021 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD), a multilateral … Read the full press release

EBRD supports Albania’s plans to launch its first wind power plants tender

First wind power plants tender in Albania to be launched EBRD and Swiss SECO support preparation of groundbreaking move Albania to diversify energy supply, attract investment and increase resilience to climate change (PRESS RELEASE) LONDON, 29-Dec-2020 — /EuropaWire/ — European … Read the full press release

EBRD funds hydroponic greenhouse expansion of tomato producer in Turkmenistan

(PRESS RELEASE) LONDON, 11-Dec-2020 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) announces 2 million EUR (US$ 2.5 million) loan to Agromar, a Turkmen tomato producer. The loan will support the expansion of Agromar’s production facilities to … Read the full press release

EBRD finances Sojaprotein’s expansion and supports Serbia’s agribusiness potential with €25 million loan

EBRD loan of €25 million to Serbia’s Sojaprotein Company to expand production to meet increasing demand from international customers Promoting Serbia’s huge potential in agribusiness (PRESS RELEASE) LONDON, 30-Oct-2020 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) … Read the full press release

French Treasury Director-General Odile Renaud-Basso to succeed Sir Suma Chakrabarti as EBRD president

(PRESS RELEASE) LONDON, 8-Oct-2020 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) announces that its Board of Governors has elected Odile Renaud-Basso of France as its next President. Currently Director-General at the French Treasury, Ms Renaud-Basso replaces Sir Suma … Read the full press release

EBRD helps Turkish businesses overcome coronavirus crisis with new US$ 54 million loan to Isbank

(PRESS RELEASE) LONDON, 8-Sep-2020 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) expands access to finance for Turkish businesses to help them recover from the pandemic, with a new US$ 54 million loan to Isbank, the largest … Read the full press release

EBRD introduces mediation as an alternative way of dispute resolution in Moldova

(PRESS RELEASE) LONDON, 8-Sep-2020 — /EuropaWire/ — The EBRD, through its Legal Transition Programme (LTP), has implemented a number of projects to establish a robust alternative dispute resolution (ADR) framework and practice in the Moldova. The initiative has been supported by … Read the full press release

EBRD and KfW IPEX-Bank finance new plant for innovative car batteries to support e-mobility in Poland

EBRD and KfW IPEX-Bank provide EUR 135 million loan for new Johnson Matthey plant in Poland Facility will produce innovative materials for electric car batteries Next step towards larger use of electric vehicles (PRESS RELEASE) FRANKFURT, 7-Aug-2020 — /EuropaWire/ — … Read the full press release

Ukraine’s largest natural gas producer Ukrgasvydobuvannya to reduce the country’s dependency on imports with €51.9 million backing from EBRD

EBRD provides €51.9 million loan to key Ukraine gas producer UGV Increased productivity and energy efficiency measures Environmental benefits and stronger corporate culture (PRESS RELEASE) LONDON, 3-Aug-2020 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD), a multilateral … Read the full press release

EBRD instrumental in key energy efficiency laws adopted by Georgia aimed at helping the country strengthen its energy links with the EU

Government of Georgia adopts key energy efficiency laws Focus on reducing energy intensity while strengthening resilience of the economy EBRD supported drafting of reform concept (PRESS RELEASE) LONDON, 17-Jul-2020 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) … Read the full press release

EBRD and Startup Wise Guys partner for a Fintech accelerator programme

(PRESS RELEASE) LONDON, 3-Jun-2020 — /EuropaWire/ — European Bank for Reconstruction and Development (EBRD) announces new partnership with Startup Wise Guys, a leading start-up accelerator with a presence across the Baltic states. This collaboration will benefit start-ups across the regions … Read the full press release

Moldovan agricultural firm Terrarica to upgrade machinery with financial support from EBRD and the EU

(PRESS RELEASE) LONDON, 22-May-2020 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) has announced that a joint financing facility of the bank and the EU helped Terrarica to purchase machinery for agriculture production, including new tractors, auxiliary … Read the full press release

Turkish pulses producer Yayla gets EUR 25 million loan from EBRD

(PRESS RELEASE) LONDON, 22-May-2020 — /EuropaWire/ — The multilateral developmental investment bank EBRD has announced it is financing the day-to-day operations of the Turkish pulses producer Yayla with €25 million loan in the form of working capital. Yayla is facing … Read the full press release

EBRD now owns approximately 8.4 per cent stake in Addiko Bank

(PRESS RELEASE) LONDON, 5-Mar-2020 — /EuropaWire/ — EBRD now owns a stake of approximately 8.4 per cent of Addiko Bank AG. EBRD has swapped its indirect stake in the bank, which it held via a private special purpose vehicle, with … Read the full press release

EBRD names its new EU representative, Florentine Hopmeier

(PRESS RELEASE) LONDON, 27-Jan-2020 — /EuropaWire/ — EBRD announces the appointment of Florentine Hopmeier as new head of its Brussels office. She will start her role as the new EU representative today, 27th of January 2020. Florentine succeeds Gwilym Jones, … Read the full press release

The 3rd largest bank in Croatia Erste Bank Croatia gets €100 million from EBRD to finance tourism industry in Croatia and Montenegro

Suma Chakrabarti, EBRD President and Christoph Schoefboeck, President of the Management Board of EBC

(PRESS RELEASE) LONDON, 13-Jan-2020 — /EuropaWire/ — EBRD announced it is lending up €100 million to the third-largest bank in Croatia Erste Bank Croatia (EBC), part of Erste Group, in support of the tourism industry in Croatia and Montenegro. The … Read the full press release

Khersonelectrotrans to modernise its bus fleet in southern Ukraine with an EBRD loan and a grant from the EU

(PRESS RELEASE) KHERSON, Ukraine, 29-Oct-2019 — /EuropaWire/ — EBRD announces it is providing up to €10 million to the city of Kherson in Ukraine for replacement of their old fleet of trolley buses. The EBRD’s loan will be coupled with an … Read the full press release

EBRD supports Romanian MSMEs through €20 million loan to Crédit Agricole Romania

(PRESS RELEASE) LONDON, 11-Sep-2019 — /EuropaWire/ — EBRD and Crédit Agricole Romania sign €20 million loan, in Romanian lei equivalent, to help support local micro, small and medium-sized enterprises (MSMEs), a vital sector of Romania’s economy in terms of wealth … Read the full press release

200 SMEs in Bulgaria, Latvia and Romania to benefit from the joint EBRD and EU programme

(PRESS RELEASE) LONDON, 4-Jun-2019 — /EuropaWire/ — Investment in research and innovation by small and medium-sized enterprises (SMEs) in Bulgaria, Latvia and Romania will now have support from new financing programme launched by the EBRD and the EU. The new … Read the full press release

Beata Javorcik to succeed Sergei Guriev as new Chief Economist at EBRD

(PRESS RELEASE) LONDON, 25-Feb-2019 — /EuropaWire/ — The EBRD names Beata Javorcik to succeed Sergei Guriev as Chief Economist. She will join the Bank on 1 September 2019. Beata Javorcik is the first woman to hold a Statutory Professorship in … Read the full press release