Tag Archives: EBRD

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

EBRD to provide EUR 25.9 million to Ukraine’s leading engineering, procurement and construction firm KNESS Group for three solar plants in western Ukraine

KNESS Group to open three solar plants with total capacity of 33.9 MW LONDON, 06-Mar-2018 — /EuropaWire/ — The EBRD is contributing to Ukraine’s energy security by pledging new funds for the development of alternative power generation. The latest project under the … Read the full press release

Jordan to host EBRD’s 27th Annual Meeting and Business Forum

LONDON, 07-Feb-2018 — /EuropaWire/ — Jordan’s Minister of Planning and International Cooperation, Imad Fakhoury, and EBRD Secretary General, Enzo Quattrociocche, today signed a Memorandum of Understanding for the organisation of the Bank’s 27th Annual Meeting and Business Forum, which will be held … Read the full press release

EBRD and EU support Tunisian ‘micro-entrepreneurs’

Microcred loans benefit 1,000 micro-sized firms LONDON, 09-Jan-2018 — /EuropaWire/ — Kawther Bedhiaf’s professional dream started when she was a child in the Tunisian countryside. “I grew up in a town called Hedra, close to the mountains. Being surrounded by beautiful nature inspired … Read the full press release

EBRD provides US$ 85 million loan to finance renewable energy and resource efficiency projects in Turkey

New funds to finance investments in the private sector LONDON, 29-Dec-2017 — /EuropaWire/ — In response to growing demand for green energy the EBRD is providing a US$ 85 million loan to Türkiye Sınai Kalkınma Bankası (TSKB) to finance private mid-cap companies investing … Read the full press release

EBRD finances a local bakery in Turkmenistan

Datly Sherbet to make biscuits and confectionery for local market and export LONDON, 29-Dec-2017 — /EuropaWire/ — The EBRD is continuing to finance small businesses in Turkmenistan, where the development of private enterprise is a focus of the Bank’s investment strategy, with … Read the full press release

EBRD supports Egypt’s gas infrastructure modernisation

LONDON, 29-Dec-2017 — /EuropaWire/ — The EBRD is providing a US$200 million loan to the Arab Republic of Egypt to finance the modernisation of selected gas infrastructure facilities, which shall improve energy efficiency and reduce impacts on the environment. Egypt has an energy … Read the full press release

EBRD joins the global community in stepping up effort to combat climate change at the One Planet climate summit in Paris

Bank and global community stepping up effort to combat climate change LONDON, 13-Dec-2017 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) joined other global development organisations in stepping up the momentum for global climate action at the One Planet … Read the full press release

EBRD loans PLN 100 million to Euro Bank S.A. for energy efficiency of residential buildings in Poland

PLN 100 million in loans via loan to Euro Bank S.A. LONDON, 29-Nov-2017 — /EuropaWire/ — The EBRD is providing a loan of up to PLN 100 million (€23.6 million equivalent) to Euro Bank S.A. (Euro Bank) to finance investments to … Read the full press release

EBRD unveils new energy sector strategy; public to submit contributions no later than 1 February 2018

First phase on public consultation until 1 February 2018 LONDON, 29-Nov-2017 — /EuropaWire/ — The EBRD is starting work on a new energy sector strategy and inviting the public to submit contributions. Comments based on the current document should be submitted in … Read the full press release

New covered bonds legislation in Slovak Republic follows EBRD technical assistance project

New legislation follows technical assistance project LONDON, 13-Nov-2017 — /EuropaWire/ — The Slovak Republic has become a pioneer in creating the legal foundations for covered bonds with amendments to the relevant law in line with best practice recommendations by the European Banking Authority … Read the full press release

EBRD to provide US$ 100 million loan to National Bank for Foreign Economic Activity of Uzbekistan (NBU) in support of SMEs

Financing to support small local businesses and stimulate trade LONDON, 10-Nov-2017 — /EuropaWire/ — Demonstrating the EBRD’s return to active support in Uzbekistan, the Bank is providing a major boost to local small and medium-sized businesses in the country, as well as … Read the full press release

EBRD supported Yereymentau Wind Farm in Kazakhstan registered as domestic carbon credit project under the country’s emissions trading system (ETS)

Bank-supported Yereymentau project first under emissions trading system LONDON, 10-Nov-2017 — /EuropaWire/ — The Yereymentau Wind Farm in Kazakhstan, a long-standing partner of the European Bank for Reconstruction and Development, EBRD, has been registered as a domestic carbon credit project under the … Read the full press release

EBRD President Suma Chakrabarti met with European Commission President Jean-Claude Juncker

Focus on cooperation with EU and green finance ahead of December summit LONDON, 10-Nov-2017 — /EuropaWire/ — European Bank for Reconstruction and Development (EBRD) President Sir Suma Chakrabarti held high-level talks with officials from the European Union (EU) on 7 November. President Chakrabarti had meetings … Read the full press release

EBRD opens news office in in Tashkent, Uzbekistan; US$ 120 million for new projects

Bank opens office in Tashkent and provides US$ 120 million for new projects LONDON, 10-Nov-2017 — /EuropaWire/ — Following the launch of a broad reform programme in Uzbekistan, the EBRD is taking its engagement with the Central Asian country to a new … Read the full press release

Banca Transilvania and the EBRD will jointly hold a controlling stake in Moldova’s third-largest bank Victoriabank

First foreign bank investor in Moldovan market in ten years LONDON, 09-Nov-2017 — /EuropaWire/ — Romania’s Banca Transilvania intends to acquire an initial stake of over 39 per cent in Victoriabank, Moldova’s third-largest bank. Banca Transilvania has requested the approval for … Read the full press release

EBRD: joint programme to support energy efficiency investment in the residential housing sector in Bosnia and Herzegovina

Bank and partners step up energy investment in residential housing sector LONDON, 09-Nov-2017 — /EuropaWire/ — The EBRD, the European Union (EU) and the Austrian Federal Ministry of Finance have launched a joint programme to support energy efficiency investment in the residential housing sector in Bosnia … Read the full press release

EBRD to help Croatia update and strengthen its corporate governance code

EBRD supports efforts to develop and implement new code LONDON, 11-Oct-2017 — /EuropaWire/ — The EBRD is lending its support to efforts by the Croatian Financial Services Supervisory Agency (HANFA) and the Zagreb Stock Exchange (ZSE) to update and strengthen the … Read the full press release

EBRD, EU and the UN FAO to help wool and cashmere production in Mongolia

From goat to cashmere coat LONDON, 11-Oct-2017 — /EuropaWire/ — Mongolia’s grasslands are an ideal playground for several million cashmere goats, sheep and yaks. Their world-renown wool means big business: it provides an income for around 400,000 herders, so it should … Read the full press release

EBRD President Sir Suma Chakrabarti to outline bank’s climate finance goals at the World Bank and International Monetary Fund meetings

Climate funding takes 45 per cent share of total investment so far in 2017 LONDON, 11-Oct-2017 — /EuropaWire/ — The President of the European Bank for Reconstruction and Development (EBRD), Sir Suma Chakrabarti, will outline the Bank’s rapid progress towards meeting ambitious … Read the full press release

Croatian Ministry of Justice and the EBRD organised roundtable discussion on bankruptcy legislation in Croatia

Roundtable discussion in Zagreb about improvement of current bankruptcy legislation LONDON, 11-Oct-2017 — /EuropaWire/ — While there has been substantial progress in identifying potential impediments within the bankruptcy legal framework and improving practical implementation of the law, Croatia is committed to making further … Read the full press release