(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has launched a program to modernize Türkiye’s maritime sector and promote green investments and climate mitigation technologies. Developed in collaboration with the Turkish Ministry of Transport and Infrastructure and the … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, European Union, Financial, Industrial, Investment, Türkiye
Tagged climate mitigation, EBRD, EU, European Union, green investments, low-carbon economy, maritime, Nikolaus Meyer Landrut, Sue Barrett, The Maritime Decarbonisation and Green Shipping Programme, Türkiye
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has announced the winner of the EBRD Literature Prize 2023. “The Lake” by Bianca Bellová, translated from Czech into English by Alex Zucker and published by Parthian Books, emerged as … Read the full press release
Posted in Art & Culture, Banks, Entertainment, Financial, Media, United Kingdom
Tagged Alex Zucker, Alex Zucker Toby Lichtig, And Other Stories, Arkady Ostrovsky, Author Bianca Bellová, Bianca Bellová, EBRD, EBRD Literature Prize 2023, Fitzcarraldo Editions, Jennifer Croft, literary fiction, Luke Leafgren, Maya Jaggi, Mister N, Najwa Barakat, Natasha Randall, Odile Renaud-Basso, Olga Tokarczuk, Parthian Books, The Books of Jacob, The Lake, Toby Lichtig
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has shared the initial findings of a study on the sustainable reconstruction of Petrinja, Croatia, following a devastating earthquake in 2020. The study, funded by the government of Japan, aims … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has granted a €200 million loan to Ukrainian Railways (Ukrzaliznytsya or UZ) to upgrade railway connections with the European Union. This loan aims to improve cross-border capacity and enhance railway … Read the full press release
(IN BRIEF) GRC, the leading producer of building materials in Georgia, has partnered with the European Union (EU) and the EBRD to expand its product portfolio by introducing rain gutter systems. The EU4Business-EBRD Credit Line supported GRC’s investment in modern … Read the full press release
Posted in Banks, Business, Construction, Financial, Industrial, Investment, United Kingdom
Tagged building materials, construction, EBRD, EU, EU4Business, EU4Business-EBRD credit line, European Union, GEORGIA, GRC, home improvement materials, Jaba Janelidze, ProCredit Bank, rain gutter systems, roofing
(IN BRIEF) EBRD, EU, and Elec’Recyclage have inaugurated a new industrial waste recycling facility in Tunisia. Elec’Recyclage Tunisie received a €1.1 million loan from EBRD and an €85,000 grant from the EU for the construction of the facility. The investment … Read the full press release
Posted in Banks, Business, Environment, Financial, Industrial, Management, Technology
Tagged EBRD, Elec’Recyclage, European Union, industrial waste, Jürgen Rigterink, Marcus Cornaro, recycling, Tunisia., waste recycling
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the Tunisian Investment Authority (TIA) have introduced a digital national investment platform in Tunisia. The platform aims to improve the investment ecosystem by providing automated digital services, enhancing the … Read the full press release
Posted in Banks, Business, Financial, Investment, Small Business
Tagged digitalisation, EBRD, investment ecosystem, Jürgen Rigterink, Namia Ayadi, Namia Ayedi, TIA, Tunisia, Tunisian Investment Authority
(IN BRIEF) The Gjilan wastewater development project in Kosovo, co-financed by the EBRD and EIB, has received a €2.5 million grant from bilateral donors through the WBIF. The funds will be used for constructing a wastewater treatment plant and extending … Read the full press release
Posted in Banks, Financial, Industrial, Infrastructure & Utilities, Investment, United Kingdom
Tagged EBRD, EIB, European Bank for Reconstruction and Development, European Investment Bank, Gjilan wastewater, Hekuran Murati, Hidromorava, Johannes Stenbaek Madsen, Kosovo, Sergiy Maslichenko, sewerage network, wastewater, wastewater treatment plant, WBIF, Western Balkans Investment Framework
(IN BRIEF) Multilateral Development Banks (MDBs) including the AfDB, EBRD, EIB, IDB, and World Bank met at the World Circular Economy Forum (WCEF) 2023 in Helsinki to discuss the circular economy for the first time. They emphasized the role of … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, United Kingdom
Tagged AfDB, African Development Bank, circular economy, During the World Circular Economy Forum, EBRD, EIB, European Bank for Reconstruction and Development, European Investment Bank, IDB, Inter-American Development Bank, Marvin Nusseck, MDBs, Multilateral Development Banks, WCEF 2023, World Bank
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is investing €56 million in Eldorado Gold Corporation to support the development of the Skouries copper and gold mine in Greece. The investment aims to foster a sustainable and inclusive … Read the full press release
(IN BRIEF) During the World Circular Economy Forum (WCEF) 2023, environment-focused directors from leading Multilateral Development Banks (MDBs) met to discuss the circular economy for the first time. The African Development Bank (AfDB), the European Bank for Reconstruction and Development … Read the full press release
Posted in Banks, Environment, Financial, Finland, Luxembourg, Management
Tagged AfDB, African Development Bank, biodiversity loss, circular economy transition, climate change, EBRD, EIB, European Bank for Reconstruction and Development, European Investment Bank, IDB, IDB Invest, Inter-American Development Bank, MDBs, Multilateral Development Banks, pollution, WCEF, World Bank, World Circular Economy Forum
(IN BRIEF) Canada has joined the European Bank for Reconstruction and Development (EBRD)’s High-Impact Partnership for Climate Action (HIPCA), strengthening its support for climate action. HIPCA, launched at COP26 in 2021, focuses on combating climate change and environmental degradation through … Read the full press release
(IN BRIEF) Estonia, Latvia, and Lithuania, in collaboration with the EBRD, EC, and Nasdaq Baltic, are welcoming the MSCI initiative to consolidate their markets into a single index. This integration will raise the region’s profile among international investors who track … Read the full press release
Posted in Banks, Estonia, European Union, Financial, Investment, Latvia, Lithuania
Tagged Arvils Aseradens, Capital Markets Union initiative, EBRD, EC, Estonia, European Union, Gintarė Skaistė, index construction, index maintenance, Jim Turnbull, Kaarel Ots, Latvia, Lithuania, Mart Võrklaev, MSCI initiative, Nasdaq Baltic, Securities, The European Commission, The MSCI Baltic Index, Valdis Dombrovskis
(IN BRIEF) EBRD provides $143.25 million to DenizBank for green investments, women-led businesses, and earthquake response. The financing package supports DenizBank’s Diversified Payment Rights program and includes funds for on-lending to green economy projects, women-led SMEs, and companies involved in … Read the full press release
Posted in Banks, Financial, Investment, Small Business, Türkiye, United Kingdom
Tagged Arthur Poghosyan, DenizBank, earthquake response, EBRD, green investments, Hakan Ateş, Türkiye, women-led businesses
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has granted a loan of $23 million to Meros Pharm, a leading pharmaceutical distributor in Uzbekistan. The loan will support Meros Pharm’s expansion plans by providing the necessary working capital … Read the full press release
Posted in Banks, Business, Financial, Investment, Pharma & Biotech, United Kingdom
Tagged EBRD, loan, Meros Pharm, pharmaceutical distributors, Uzbekistan
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), in collaboration with the European Union (EU) and ILX Management, has formed a partnership to enhance private-sector finance in emerging markets. The initiative aims to attract investments of up to … Read the full press release
Posted in Banks, Economy, European Union, Financial, Industrial, Investment, United Kingdom
Tagged asset manager, Caucasus, EBRD, EFSD+, EU, European Union, ILX Management, Manfred Schepers, Odile Renaud-Basso, Türkiye, Valdis Dombrovskis, Western Balkans
(IN BRIEF) EBRD finances the acquisition of electric buses and the establishment of an e-bus depot in Samarkand, Uzbekistan. The initiative will provide eco-friendly public transport for approximately 560,000 residents and supports Samarkand’s sustainable development goals. The project is the … Read the full press release
(IN BRIEF) EBRD and the European Commission have approved a financial package to rehabilitate railway lines in Moldova. The €71 million project will receive a €20 million investment grant from the EU, a €23 million loan from EBRD, and €28 … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has approved a five-year strategy for investment in Croatia. The strategy focuses on supporting competitiveness through innovation and good governance, accelerating Croatia’s transition to a green economy, and enhancing resilience … Read the full press release
(IN BRIEF) EBRD has approved a loan of US$110 million to Enerjisa Uretim in Türkiye to support the expansion of their wind power portfolio. Enerjisa Uretim’s projects will reduce CO2 emissions by 52,000 tonnes annually and promote employment opportunities for … Read the full press release
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