(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
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is backing the growth of venture capital markets in the Baltic states by providing a €10 million investment in Practica Venture Capital III, managed by Lithuania-based venture capital manager Practica … Read the full press release
Posted in Banks, Business, Environment, Estonia, Financial, Government, Industrial, Investment, Latvia, Lithuania, Management, News, Technology, United Kingdom
Tagged Anne Fossemalle, Baltic Venture Capital Fund, EBRD, Estonia, INNOVATION, investment, Latvia, Lithuania, partnership, Practica Capital, sustainability, Tomas Andriuškevičius
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is granting a $42 million (€38.71 million) loan to Azerbaijan Caspian Shipping Company (ASCO), a state-owned shipping company in Azerbaijan. ASCO plans to use the funds to acquire two Handysize … Read the full press release
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