Tag Archives: EBRD

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

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 financing programme … Read the full press release

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

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 Economics at … Read the full press release

EBRD loans EUR 5 million to Enda Tamweel, the largest microfinance institution in Tunisia

EBRD signs a €5 million (TND 17 million) loan with Enda Tamweel for its disbursement to Tunisian MSMEs Local currency financing will support lending to local MSMEs Only 15 per cent of MSMEs in the country have bank loans LONDON, 07-12-2018 … Read the full press release

EBRD seeks to increase the volume of green financing to 40 per cent of EBRD annual investment by 2020

Development finance institutions share their experience at COP24 LONDON, 06-Dec-2018 — /EuropaWire/ — Climate change impacts are high on the international agenda. From severe wildfires in California and Greece to devastating floods in Kerala, these impacts have dominated headlines this year. Both … Read the full press release

EBRD to finance key urban projects in Romania’s Craiova

€15 million loan to the city of Craiova The city to buy environmentally friendly buses and improve energy efficiency of public buildings EBRD to help Craiova develop an action plan to boost green infrastructure LONDON, 06-Dec-2018 — /EuropaWire/ — Some 300,000 … Read the full press release

EBRD, the Global Concessional Finance Facility (GCFF) and the European Union (EU) will finance the sewerage system for 15 villages in the western part of the Irbid municipality in Jordan

With EU and GCFF support, the EBRD helps provide sanitation services for West Irbid LONDON, 20-Nov-2018 — /EuropaWire/ — Our journey to Jordan’s West Irbid, a municipality whose households, schools and businesses have never been connected to sewerage, starts where it should … Read the full press release

EBRD provides US$ 7 million loan to Obour Land’s new greenfield dairy farm in Egypt

EBRD US$ 7 million for Obour Land’s new greenfield dairy farm Investment to increase dairy production and exports Implementation of latest technology for dairy milking operations LONDON, 20-Nov-2018 — /EuropaWire/ — Fostering the Egyptian dairy sector, the EBRD is providing a US$ 7 … Read the full press release

EBRD lends €15 million to Turkish chemicals maker to increase production of a key component in energy-efficient tyres

EBRD €15 million loan will fund building of new production facility New plant will increase capacity by 40,000 tonnes by 2020 Expansion supports fast-growing demand for silica used in energy-efficient tyres LONDON, 08-Nov-2018 — /EuropaWire/ — In support of greener business … Read the full press release

EBRD and Green Energy Special Fund provide €11 million joint loan to modernise street lighting in the Romanian city of Bacau

EBRD and Green Energy Special Fund providing €11 million joint loan to city of Bacau Energy efficient lighting will reduce energy usage and CO2 emissions by 50 per cent Investment will target key areas in the city and help make them … Read the full press release

The EBRD supports FT Climate Finance Summit in London

The EBRD’s message to governments: renewables are now cheapest source of energy The Bank’s renewable energy investments top €6 billion LONDON, 08-Oct-2018 — /EuropaWire/ —  The EBRD is urging a step change in levels of investment in renewable sources of … Read the full press release

EBRD launched its new strategy for the agribusiness sector

Responsible, sustainable and innovative approach for the next five years EBRD the most active multilateral institution in agribusiness in its regions EBRD investment in the agribusiness sector to date exceeds €6.7 billion LONDON, 08-Oct-2018 — /EuropaWire/ — Addressing the growing challenges … Read the full press release

EBRD invests €40 million under the EBRD Slovak Covered Bonds Framework

EBRD invests in covered bonds by local lender Slovenská sporiteľňa EBRD supports drafting of new legislation for bonds in cooperation with Slovak authorities Rating agency Moody’s rates programme Aaa LONDON, 08-Oct-2018 — /EuropaWire/ — The development of the capital market in … Read the full press release

EBRD and EU support first Moroccan business under Value Chain and Competitiveness Programme in Morocco

EBRD and EU support first Moroccan business under Value Chain and Competitiveness Programme in Morocco FINTECC programme to optimise the resources of Multisac Company to receive technical assistance through Blue Ribbon programme. LONDON, 25-Sep-2018 — /EuropaWire/ — Supporting the development of the packaging … Read the full press release

EBRD loans EUR 5.1 million to UniCredit in Serbia for boosting energy efficiency

UniCredit Bank Serbia receives Din 600 million loan for boosting energy efficiency. Programme to support investments in private homes to improve energy performance and generate savings. Finance provided under EBRD €85 million Green Economy Financing Facility for the Western Balkans. … Read the full press release

New three-level road jointly financed by EBRD and Asian Infrastructure Investment Bank opened in Dushanbe, Tajikistan

Modern road interchange opened in Dushanbe Tajik President attends ceremony New road part of wider regional investment project LONDON, 14-Sep-2018 — /EuropaWire/ — The population of the Tajik capital Dushanbe will benefit from short travel times and state-of-the-art transport solutions following … Read the full press release

EBRD invests EUR 100 million in a new seven-year €550 million bond issue by the Bulgarian Energy Holding (BEH)

EBRD invests €100 million in new bond issue of Bulgarian Energy Holding (BEH) BEH to refinance its 2013 issue and continue supporting liberalisation of electricity sector Largest corporate bond with longest tenor will deepen capital market LONDON, 15-Aug-2018 — /EuropaWire/ … Read the full press release

EBRD provides US$ 15 million loan to a major manufacturer and supplier of retails stores equipment Modern-Expo Group

LONDON, 06-Aug-2018 — /EuropaWire/ — The EBRD is supporting operations of one of the largest manufacturers and suppliers of fixtures and equipment for retail stores and warehouses in central and eastern Europe by providing it with a seven-year loan of US$15 … Read the full press release

7.7 kilometre-long bypass road around the city of Ungheni, Moldova opens to improve connection to EU border

Seven kilometres of new road to improve connection to EU border and divert heavy traffic from city of Ungheni LONDON, 06-Aug-2018 — /EuropaWire/ — Ambassador Peter Michalko, Head of the European Union Delegation in Moldova and Moldova’s Prime Minister, Pavel Filip, have launched a bypass … Read the full press release

EBRD loans €25 million to QNB Finans Finansal Kiralama A.S. for energy efficiency investments

€25 million loan to support leasing finance for energy efficiency investments EBRD promotes leasing as a tool to address financing needs of Turkish enterprises Financing is part of a larger facility backed by the European Union LONDON, 25-Jul-2018 — /EuropaWire/ … Read the full press release

EBRD, EIB and EU Commission to support the modernisation of Zagreb’s electricity and heat supply

Loans totalling €130 million will finance investments in new electricity and heat cogeneration units in Zagreb to replace outdated oil- and gas-fired turbines and boilers EBRD, EIB and EU Commission join forces to support Croatia’s energy company HEP Modern and environmentally friendly system to benefit population … Read the full press release

EBRD loans €13 million for 72 low-floor trolleybuses for the city of Mariupol in Ukraine

Senior EBRD loan of up to €13 million for up to 72 low-floor trolleybuses for Mariupol €2 million loan from Clean Technology Fund and €3 million grant from E5P Mariupol is the second-largest municipality in the Donetsk region in eastern Ukraine LONDON, … Read the full press release

EBRD supports the modernisation of Egypt’s oil industry

US$200 million loan for investments in energy efficiency and refurbishment. US$200 million loan for energy efficiency and modernisation of SOPC refinery Investment will improve plant’s operational performance and carbon footprint Strong growth in domestic demand for oil and gas in … Read the full press release

Belarus’ capital Minsk joins EBRD’s Green Cities Framework

Official launch of the city’s Green City Action Plan Belarus is beginning its work under the EBRD’s Green Cities Framework Kick-off meeting for Minsk’s Green City Action Plan to identify, prioritise and address its most pressing environmental challenges This is … Read the full press release

European Bank for Reconstruction and Development (EBRD) helped establish the first Tourism and Hospitality Sector Skills Organisation in Jordan

Skills Organisation launched in Amman First Tourism and Hospitality Sector Skills Organisation in Jordan to help improve standards Huge potential for tourism and hospitality growth in Jordan Sector Skills Organisation to help boost employment in the country LONDON, 07-May-2018 — … Read the full press release

EBRD and EU to strengthen the safety of oil protection and increase the protection of humans and the environment in Greece

EBRD and EU develop implementation plan to strengthen protection LONDON, 01-May-2018 — /EuropaWire/ — The world runs on hydrocarbons. But the impacts of oil production are significant and accidents like the explosion of the Deepwater Horizon drilling rig in the Gulf … Read the full press release

EBRD loans €5 million to microfinance provider MKF Partner in Bosnia and Herzegovina

Loan to microfinance provider MKF Partner will be invested in residential sector EBRD loan of up to €5 million to MKF Partner, a microfinance institution Energy efficiency loans to residents and vendors of green technology Increasing availability of finance to … Read the full press release

EBRD and ING Romania to loan EUR 96 million to logistics park CTPark near by Bucharest

EBRD and ING financing supports resource-efficient warehouses LONDON, 26-Mar-2018 — /EuropaWire/ — The EBRD and ING Romania are joining forces to finance the logistics park CTPark, situated on the A1 Bucharest-Pitesti motorway and 2 km away from the Romanian capital. The financiers have … Read the full press release

EBRD takes part in the US$ 51 million private placement of Mabion S.A.

Participation in private placement as a cornerstone investor EBRD participates in US$ 51m equivalent private placement of Mabion Mabion is leading biotechnology company in Poland EBRD to invest US$ 18 million (PLN 61.4 million) LONDON, 26-Mar-2018 — /EuropaWire/ — The EBRD … Read the full press release

EU-funded and EBRD managed project will make a knowledge-sharing and –exchange platform accessible to financial institutions engaged in MSME finance in Uzbekistan

Online training and knowledge sharing and exchange platform now available to financial institutions in Uzbekistan LONDON, 06-Mar-2018 — /EuropaWire/ —  Micro, small and medium-sized private businesses in Uzbekistan will now benefit from a new Regional Small Business Programme (RSBP) launched in … Read the full press release

EBRD loans EUR 25 million to banking and insurance software developer Vermeg to fund their acquisition of Lombard Risk

€25 million loan for acquisition of London-based Lombard Risk LONDON, 06-Mar-2018 — /EuropaWire/ — The EBRD is supporting the expansion of banking and insurance software developer Vermeg with a €25 million loan to fund their acquisition of Lombard Risk, a … Read the full press release