(IN BRIEF) Sand to Green, a beneficiary of the EBRD Star Venture programme, is making significant strides in combating desertification and promoting sustainable agriculture in Morocco. Founded by Benjamin Rombaut, Gautier De Carcouët, and Wissal Ben Moussa, the company utilizes … Read the full press release
Posted in Agriculture, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, United Kingdom
Tagged Benjamin Rombaut, Desert, EBRD, Gautier De Carcouët, MOROCCO, partnership, Sand to Green, sustainability, Wissal Ben Moussa
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has extended a loan of PLN 58.9 million (€13.7 million) to Nrep Nordic Strategies Fund IV’s Polish subsidiary to facilitate the development of residential housing in Poland. This funding will … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Investment, Management, News, Poland, Real Estate, United Kingdom
Tagged EBRD, Nrep's Innovative Housing Concept, Nrep's Noli Studios, partnership, Poland, sustainability
(IN BRIEF) Feka Automotive, a prominent Serbian automotive lighting producer with ties to major global car manufacturers, including Toyota and Volkswagen, is set to undergo a significant expansion with the support of a €15 million loan from the European Bank … Read the full press release
Posted in Automotive, Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Serbia, Technology, United Kingdom
Tagged automotive, EBRD, ENERGY, expansion, Feka Automotive, partnership, SERBIA, Stellantis, sustainability, Toyota, Volkswagen
(IN BRIEF) During the World Circular Economy Forum (WCEF) 2024 in Brussels, leading multilateral development banks (MDBs) presented their Circular Economy Working Group’s shared vision on the role of MDBs in supporting the circular economy. The session, titled “Shaping a … Read the full press release
Posted in Banks, Belgium, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, United Kingdom
Tagged Brussels, Circular Finance, EBRD, Gianpiero Nacci, Multilateral Development Banks, partnership, sustainability, WCEF 2024
(IN BRIEF) Matteo Patrone has been appointed as Vice President, Banking at the European Bank for Reconstruction and Development (EBRD), effective May 1st, 2024. In his new role, Patrone will oversee the effective delivery of the bank’s investment and advisory … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged appointment, EBRD, leadership, Matteo Patrone, Odile Renaud-Basso, Vice President
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has granted a €108.3 million loan to Avis Greece to aid in the electrification of its car fleet. This investment is part of Avis Greece’s initiative to replace internal-combustion-engine vehicles … Read the full press release
Posted in Automotive, Banks, Business, Economy, Environment, Financial, Government, Greece, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged Andreas Taprantzis, Andreea Moraru, Avis, Charlotte Ruhe, EBRD, Greece, Orestis Kavalakis, partnership, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has reported a profit of €2.1 billion for 2023, marking a significant turnaround from the €1.1 billion losses incurred in 2022 due to the Russian invasion of Ukraine. The bank’s … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Ukraine, United Kingdom
Tagged EBRD, investments, partnership, Soha El-Turky, sustainability, UKRAINE
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a €22 million loan to Ukrainian pharmaceutical giant Farmak Group to facilitate its strategic acquisition of a Polish pharmaceutical company and to upgrade its IT systems. Farmak, a … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Poland, Science, Technology, Ukraine, United Kingdom
Tagged acquisition, EBRD, expansion, Farmak, Frederic Lucenet, investment, partnership, Poland, sustainability, UKRAINE
(IN BRIEF) Amidst ongoing conflict in Ukraine, the European Bank for Reconstruction and Development (EBRD) is providing a €12.5 million unfunded portfolio risk-sharing facility to Ukrgasbank, aimed at unlocking €50 million of fresh financing for the country’s private sector. Signed … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, Ukraine, United Kingdom
Tagged EBRD, MSMEs, partnership, sustainability, UKRAINE, Ukrgasbank
(IN BRIEF) In a bid to bolster Ukraine’s private sector amidst the ongoing conflict, the European Bank for Reconstruction and Development (EBRD) is extending a €50 million unfunded portfolio risk-sharing facility to Oschadbank. This initiative aims to unlock €200 million … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, Ukraine, United Kingdom
Tagged EBRD, Francis Malige, MSMEs, Oschadbank, partnership, Sergii Naumov, sustainability, UKRAINE
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the National Bank of Ukraine (NBU) have inked a Memorandum of Understanding aimed at bolstering human capital resilience in Ukraine by fostering greater accessibility of war veterans to the … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) collaborates with Meridiam and Hassan Allam Utilities (HAU) to establish HAU Energy BV, a platform aimed at investing in renewable energy projects primarily in Egypt and potentially across Africa. This … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged Africa, Amr Allam, EBRD, EGYPT, Hassan Allam Utilities, Meridiam, Nandita Parshad, partnership, renewable energy, sustainability, Thierry Déau
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) initiates a new risk-sharing framework with Privredna banka Zagreb d.d. (PBZ), offering up to €75 million in guarantees to share partner banks’ exposure to local enterprises in Croatia. PBZ, part … Read the full press release
Posted in Banks, Business, Croatia, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged businesses, CROATIA, Dinko Lucić, EBRD, Mark Davis, partnership, Privredna banka Zagreb d.d. (PBZ), SMEs, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has announced a €50 million loan to Fraport TAV Antalya Yatirim Yapim ve Isletme (FTA) in Türkiye, aimed at financing the completion of upgrades to Antalya Airport. These enhancements, including … Read the full press release
Posted in Aviation & Aerospace, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Turkey, United Kingdom
Tagged Antalya Airport, EBRD, Fraport TAV, partnership, sustainability, Turkey, Upgrades
(IN BRIEF) DPI, BII, and the EBRD have reached a binding agreement to fully exit their investment in KELIX bio, a pan-African biopharmaceutical platform, through its acquisition by Mubadala Investment Company. Founded in 2020, KELIX bio has rapidly grown to … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology, United Kingdom
Tagged acquisition, Africa, Alhadi Alwazir, British International Investment (BII), Development Partners International (DPI), EBRD, Essam Farouk, Frederic Lucenet, Hocine Sidi Said, KELIX bio, Mubadala, partnership, pharmaceuticals, Samir Abhyankar, Sofiane Lahmar, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is supporting energy efficiency initiatives in Vilnius by investing €25 million in Šiaulių Bank’s energy efficiency fund. Managed by Šiaulių Bank, the fund aims to finance energy efficiency renovations in … Read the full press release
Posted in Banks, Business, Construction, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Management, News, Real Estate, United Kingdom
Tagged EBRD, ENERGY, Lithuania, partnership, residential, Šiaulių Bank, Sue Barrett, sustainability, Vilnius, Vytautas Sinius
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has revealed the shortlist for the prestigious EBRD Literature Prize, showcasing a diverse array of compelling works from writers across several countries and regions of the Bank’s operation. Selected by … Read the full press release
Posted in Awards, Banks, Business, Financial, Government, Industrial, Investment, Management, Media, News, United Kingdom
Tagged Awards, CROATIA, EBRD, EBRD Literature Prize, Edward Bannerman, Greece, Hungary, Lebanon, Maureen Freely, Maya Jaggi, MOROCCO, Philippe Sands, Romania, The Czech Republic, Türkiye, UKRAINE
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is spearheading efforts to tackle water treatment and environmental challenges in Aktobe, Kazakhstan’s fourth-largest municipality, through the financing of a new wastewater treatment plant and associated infrastructure. With a sovereign … Read the full press release
Posted in Banks, Business, Construction, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged Aktobe, EBRD, JSC Aqtobe Su-Energy Group, Kazakhstan, modernization, partnership, sustainability, wastewater treatment plant
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is aiding the growth of Araltuz, a prominent salt producer in Kazakhstan, by providing a convertible loan of up to KZT 5.5 billion. This funding will facilitate the modernization of … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Araltuz, EBRD, Kazakhstan, partnership, Production Facility Upgrades, sustainability
(IN BRIEF) During his second visit to wartime Ukraine, the First Vice President of the European Bank for Reconstruction and Development (EBRD), Jürgen Rigterink, emphasized the EBRD’s ongoing commitment to supporting Ukraine’s real economy and reform agenda. With more than … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Ukraine, United Kingdom
Tagged Andriy Pyshnyy, Denys Shmyhal, EBRD, economy, Irina Kravchenko, Jürgen Rigterink, Lesya Kuzmenko, Matteo Patrone, Oleksandr Kubrakov, PrivatBank, Serhii Marchenko, UKRAINE, War Challenges
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has initiated a collaboration with NLB Komercijalna Banka (NLBKBB) in Serbia, providing a €15 million loan to support local small and medium-sized enterprises (SMEs). NLBKBB will utilize the loan to … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Serbia, Small Business, United Kingdom
Tagged EBRD, Financial, NLB Komercijalna Banka, partnership, SERBIA, SMEs, sustainability
(IN BRIEF) Maya Kuvakova’s entrepreneurial journey began in a small kitchen in the Kyrgyz Republic, where she crafted dumplings to support her family while on maternity leave. Today, her company, Maminy retsepty, stands as a major producer of semi-finished foods … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Management, News, United Kingdom
Tagged Corporation, EBRD, Journey to Success, kitchen, Kyrgyz Republic, Maminy retsepty, Maya Kuvakova, partnership, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), with support from the European Union (EU) and Sweden, is extending an €8 million loan to ProCredit Bank in Georgia to boost lending to women-led micro, small, and medium-sized enterprises … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged businesses, EBRD, empower women, EU, GEORGIA, leadership, partnership, ProCredit Bank, SMEs, sustainability
(IN BRIEF) Nestled in Tsaghkadzor, Armenia’s popular health resort, the Alaska Hotel is attracting visitors with its renowned Armenian hospitality and a commitment to sustainability. With support from the European Bank for Reconstruction and Development (EBRD) and the European Union … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Small Business, United Kingdom
Tagged Alaska Hotel, Armenia, EBRD, EU, investment, partnership, Solar, sustainability, Tsaghkadzor, Tsolak Hakobyan
(IN BRIEF) MNG Plastik Gogić, a family-owned plastic manufacturing company based in Indjija, Serbia, celebrates over 50 years of successful business operations. Specializing in plastic waste containers, bins, and stadium seats, the company exports to over 60 countries worldwide. With … Read the full press release
Posted in Banks, Business, Environment, European Union, Financial, Government, Industrial, Investment, Management, News, Serbia, United Kingdom
Tagged Aleksandra Vukosavljevic, EBRD, EU, Goran Gogić, Martin Klaucke, MNG Plastik Gogić, partnership, SERBIA, SME, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and Eiffel Investment Group are teaming up to advance solar energy development in Poland through a €45 million joint loan to PL-SUN Sp.z.o.o. This funding will support the construction of … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland, United Kingdom
Tagged Andrius Stonkus, EBRD, Eiffel Investment Group, Elisabetta Falcetti, partnership, Poland, solar energy, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) convened the Western Balkans Investment Summit 2024 in London, welcoming the heads of government from Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, and Serbia. The summit aimed to showcase … Read the full press release
Posted in Albania, Banks, Bosnia and Herzegovina, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Management, Media, Montenegro, News, Serbia, Technology, United Kingdom
Tagged Albania, Albin Kurti, Ana Brnabić, Borjana Krišto, Bosnia and Herzegovina, Charles Michel, EBRD, Edi Rama, Kosovo, Lord Cameron, Milojko Spajić, Montenegro, NORTH MACEDONIA, Odile Renaud-Basso, Olivér Várhelyi, partnership, SERBIA, sustainability, Talat Xhaferi, Western Balkans Investment Summit
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has solidified its support for Türkiye’s burgeoning technology sector by investing in Dgpays, a rapidly expanding tech firm. Partnering with Truffle Capital, the EBRD’s follow-on investment in Dgpays underscores its … Read the full press release
Posted in Banks, Business, Financial, Government, Industrial, Investment, Management, News, Technology, Turkey, United Kingdom
Tagged Dgpays, EBRD, Holger Muent, investment, partnership, Serkan Ömerbeyoğlu, technology, Turkey
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is bolstering sustainable real estate initiatives in the Baltic states and central and eastern Europe with a €30 million investment in UAB Urban Hub Holding, a joint venture with UAB … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Investment, Lithuania, Management, News, Real Estate, Small Business, United Kingdom
Tagged BALTIC, Eastern Europe, EBRD, Giedrius Muliuolis, Lithuania, partnership, real estate, sustainability, UAB SBA Urban, UAB Urban Hub Holding, Vlaho Kojakovic
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is allocating €2.5 million to Kyiv Medical University (KMU) to establish a new campus in Poland, providing critical support amidst the ongoing conflict in Ukraine. With a strategic focus on … Read the full press release
Posted in Banks, Business, Education, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland, Ukraine, United Kingdom
Tagged campus, EBRD, Kyiv Medical University, partnership, Poland, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is set to convene the Western Balkans Investment Summit 2024 at its London headquarters, gathering prime ministers from six Western Balkans nations alongside international investors. Scheduled for February 26, the … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, Media, News, United Kingdom
Tagged EBRD, green transition, partnership, sustainability, Western Balkans Investment Summit 2024
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has approved a financing package of US$50 million (€46 million) for Banque du Caire (BDC), a prominent Egyptian bank, aimed at bolstering support for micro, small, and medium-sized enterprises (MSMEs) … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged Banque du Caire, EBRD, EGYPT, Jürgen Rigterink, MSMEs, partnership, sustainability, Tarek Fayed, women entrepreneurs
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has announced a €6 million loan agreement with KAM, a leading food retailer in North Macedonia, aimed at supporting the company’s expansion plans and green initiatives. KAM intends to utilize … Read the full press release
Posted in Banks, Business, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Management, News, Retail, United Kingdom
Tagged EBRD, KAM, NORTH MACEDONIA, partnership, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has allocated €10 million to GapMinder Fund II, managed by Romanian venture capital firm GapMinder, to support early-stage technology-driven companies primarily in Romania and other EBRD regions. This investment aims … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Romania, Technology, United Kingdom
Tagged Anne Fossemalle, Dan Mihaescu, EBRD, GapMinder, GapMinder Fund II, partnership, Romania, sustainability, Tech Innovation
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending a €22 million loan to Tbilservice Group, aimed at enhancing Tbilisi’s solid waste management and disposal system. This funding, co-financed by the Green Climate Fund, will facilitate the … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) collaborates with Shinhan Bank Kazakhstan (SBK) to support the expansion of Kazakhstan’s prominent conference hub, the Atakent Business Cooperation Centre in Almaty. Through a KZT 3 billion (US$ 6.6 million) … Read the full press release
(IN BRIEF) Moldova’s aspiration for EU membership is met with the recognition of significant challenges in key sectors like energy, trade, and banking. In response, the European Bank for Reconstruction and Development (EBRD) formulated the Reform Support Team (RST) program, … Read the full press release
Posted in Banks, Business, Environment, European Union, Financial, Government, Industrial, Investment, Management, Moldova, News, United Kingdom
Tagged Diaspora, EBRD, MOLDOVA, Olga Lozan, partnership, Roman Cozma, Sergiu Brasoveanu, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is bolstering the growth of Poland’s manufacturing sector by providing a €90 million loan to Eko-Okna, a prominent producer of energy-efficient windows and doors in Poland. This investment will fund … Read the full press release
Posted in Banks, Business, Construction, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Poland, United Kingdom
Tagged Andrzej Juszczyński, EBRD, Eko-Okna, Elisabetta Falcetti, Frederic Lucenet, investment, Manufacturing Sector, partnership, Poland, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has announced the appointment of Burkhard Kübel-Sorger as its new Vice President and Chief Financial Officer (CFO), effective from July 1, 2024. Mr. Kübel-Sorger brings with him a wealth of … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is set to guarantee up to €25 million for a loan extended by UniCredit Bulbank to the Tsenovo solar plant in Bulgaria, marking the first greenfield renewable project financed under … Read the full press release
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
