Tag Archives: EBRD

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

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