(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is launching its Youth in Business Programme in Albania, aimed at supporting young entrepreneurs’ financial inclusion. The program will provide a €1 million loan to Union Bank for lending to … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged Albania, Business Programme, EBRD, Ekaterina Solovova, financial inclusion, Flutura Veipi, SMEs, Union Bank, young entrepreneurs, YOUTH
(IN BRIEF) Moroccan SME, Neodenim, supported by the European Bank for Reconstruction and Development (EBRD), has adopted more energy-efficient and sustainable clothing production practices. With the installation of new machines, the company now reduces energy, water, and chemical consumption during … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, Financial, Industrial
Tagged EBRD, European Union, GCF, Green Climate Fund, Green Value Chain, Moroccan SME, Moroccan SMEs, MOROCCO, Neodenim, Republic of Korea, SME, textile
(IN BRIEF) Albania has announced the results of its first utility-scale bidder-selected site auction for onshore wind, part of the country’s third renewable energy auction. Three bidders, Total Eren, Guris, and Verbund, have been awarded a total capacity of 222.48 … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Albania, Auction, EBRD, Ekaterina Solovova, Gianpiero Nacci, Guris, onshore wind, renewable energy, Swiss State Secretariat for Economic Affairs (SECO), Total Eren, VERBUND
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is expanding its cooperation with KredoBank, a subsidiary of PKO Bank Polski, to support food security and critical industries in wartime Ukraine. The EBRD provides a €25 million guarantee facility … Read the full press release
Posted in Banks, Business, Economy, Financial, Food & Beverage, Industrial, Investment, Management, News, United Kingdom
Tagged Andrzej Kopyrski, Critical Industries, EBRD, food security, Francis Malige, Jerzy Jacek Szugajew, KredoBank, partnership, PKO Bank Polski, SMEs, UKRAINE
(IN BRIEF) The first 5.5 km section of the Niš-Merdare highway, also known as the “Peace Highway,” was inaugurated in Serbia. The project, a flagship under the Economic and Investment Plan, aims to halve travel time between Niš and Merdare, … Read the full press release
Posted in Banks, Business, Economy, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged 'Peace Highway', Aleksandar Vučić, EBRD, EIB, Emanuele Giaufret, European Union, Lilyana Pavlova, Merdare, Niš, partnership, SERBIA, Serbian government, Ursula von der Leyen
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has appointed Catarina Bjorlin Hansen as the new Head of Moldova, effective from 1st September 2023. In her new role, Ms. Bjorlin Hansen will lead the EBRD’s operations in Moldova, … Read the full press release
Posted in Banks, Business, European Union, Investment, Management, News, United Kingdom
Tagged Angela Sax, appointment, Catarina Bjorlin Hansen, EBRD, EU Ties, Head of Moldova, investment, leadership
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has financed the rehabilitation of the 55-km Ciumai-Vulcanesti road section in Moldova. The road is an essential part of the strategic M3 Chișinău-Giurgiulești road, connecting Trans-European Network corridors and providing … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has approved a US$100 million loan to Banque Misr in Egypt, aimed at supporting micro, small, and medium-sized enterprises (MSMEs). The funding will enable Banque Misr to expand its operations … Read the full press release
Posted in Banks, Economy, Financial, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged Banque Misr, EBRD, economy, EGYPT, loan, partnership, small business, SMEs
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the Climate Governance Initiative (CGI) have collaborated to launch Chapter Zero Egypt, a platform aimed at promoting effective climate governance practices among businesses and financial institutions in Egypt. Chapter … Read the full press release
Posted in Banks, Business, Economy, Environment, Industrial, Investment, Management, News, United Kingdom
Tagged "Chapter Zero Egypt", Ahmed El Sewedy, CGI, climate change, Climate Governance Platform, EBRD, economy, Julie Baddeley, Khalid Hamza, partnership, sustainability, Tarek El Molla, Yasmine Fouad
(IN BRIEF) The European Investment Bank (EIB) has taken significant steps to promote sustainable development in Chile during the EU-CELAC Summit of Heads of State and Government. The EIB announced its first-ever residential mortgage-based loan outside the EU, providing €200 … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged Banco del Estado de Chile, Chile, Diego Pardow, EBRD, EU-CELAC Summit of Heads of State and Government, Gabriel Boric, partnership, Renewable hydrogen, sustainability, Ursula von der Leyen, Werner Hoyer
(IN BRIEF) The European Investment Bank (EIB) and Banco Santander (Brasil) have signed a €300 million loan agreement to promote the use of renewable energy in Brazil. The loan will support the installation of small-scale solar photovoltaic plants, primarily on … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has approved a loan of up to US$90 million to Akbank in Türkiye as part of the Türkiye Disaster Response Framework. The loan will assist businesses and individuals affected by … Read the full press release
Posted in Banks, Financial, Infrastructure & Utilities, Türkiye, United Kingdom
Tagged Akbank, earthquakes, EBRD, Francis Malige, Levent Çelebioğlu, loan, Türkiye, Türkiye Disaster Response Framework
(IN BRIEF) NLB Banka Prishtina has partnered with the European Bank for Reconstruction and Development (EBRD) in Kosovo. The EBRD has provided two loans totaling €10 million to NLB Prishtina, which will lend the funds to small businesses in Kosovo, … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a loan of US$110 million to QNB Finansbank in Turkey. The loan is part of the EBRD’s Türkiye Disaster Response Framework, launched after the devastating earthquakes in February. … Read the full press release
Posted in Banks, Business, Financial, Industrial, Management, News, United Kingdom
Tagged Arthur Poghosyan, disaster, EBRD, loan, partnership, Post-Earthquake Recovery, QNB Finansbank, Turkey, Yeliz Ataay Arıkök
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are providing new financing to Sparkasse Bank in Bosnia and Herzegovina to support digital transformation investments by small and medium-sized enterprises (SMEs). The EBRD has … Read the full press release
Posted in Banks, Business, European Union, Financial, Industrial, Investment, Management, News, Small Business, Technology, United Kingdom
Tagged Amir Softić, Bosnia, digital transformation, digitalisation, EBRD, EU, financing, Herzegovina, Manuela Naessl, partnership, SMEs, Sparkasse Bank
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has committed €80 million to Poland-based Enterprise Investors’ tenth private equity fund, aiming to enhance private and entrepreneurial initiatives in central and eastern Europe. The investment will support the development … Read the full press release
Posted in Banks, Financial, Investment, Management, News, United Kingdom
Tagged Anne Fossemalle, EBRD, Enterprise Investors, investment, partnership, Private Equity Financing
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a €25 million loan to Dnipro City in Ukraine to support the continuous provision of vital municipal services. Dnipro, Ukraine’s fourth-largest city, has experienced an influx of refugees … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has granted a €23 million loan to Moldovan Railways to support the rehabilitation of two critical sections of railway lines on Moldova’s North-South Rail Corridor. The project aims to enhance … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has granted a €50 million credit line to Bank of Africa – BMCE Group (BOA) to support micro, small, and medium-sized enterprises (MSMEs) in Morocco. The loan aims to enhance … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has granted an €82 million loan to Elektroprivreda Crne Gore a.d. Nikšić (EPCG), Montenegro’s national electricity utility, and Green Gvozd LLC, a special-purpose vehicle (SPV) fully owned by EPCG. The … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Montenegro
Tagged EBRD, Elektroprivreda Crne Gore a.d. Nikšić, energy transition, EPCG, Green Gvozd LLC, Krešimir Čondić, Milutin Đukanović, Montenegro, Nikola Rovčanin, onshore wind farm, Remon Zakaria, renewable energy
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