Tag Archives: EBRD

EBRD, Meridiam, and Hassan Allam Utilities Join Forces to Propel Egypt’s Renewable Energy Agenda

(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

EBRD Launches Risk-Sharing Framework with PBZ to Boost Financing for Croatian Businesses

(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

EBRD Extends €50 Million Loan to Fraport TAV for Antalya Airport Upgrades

(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

Mubadala Acquires KELIX bio, Expanding Access to Life-Saving Pharmaceuticals in Emerging Markets

(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

EBRD Invests €25 Million in Vilnius Residential Energy Efficiency Fund

(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

EBRD Literature Prize Shortlist Reflects Diverse Voices from Across Regions

(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

EBRD Funds Modern Wastewater Treatment Plant in Kazakhstan’s Aktobe

(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

EBRD Supports Araltuz’s Expansion with KZT 5.5 Billion Loan for Production Facility Upgrades

(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

EBRD First Vice President Reaffirms Support for Ukraine’s Economy Amidst War Challenges

(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

EBRD Partners with NLB Komercijalna Banka to Boost Financing for Serbian SMEs

(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

From Kitchen to Corporation: Maya Kuvakova’s Journey to Success

(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

EBRD Secures €8 Million Loan to Empower Women-Led Businesses in Georgia

(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

EBRD and EU-Funded Program Propel Alaska Hotel’s Sustainability Drive in Tsaghkadzor, Armenia, with Solar Investment

(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

Serbian Plastic Manufacturer Achieves 50-Year Milestone Amidst Growing Sustainability Efforts

(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

EBRD and Eiffel Investment Group Collaborate to Boost Solar Energy in Poland with €45 Million Joint Loan

(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

EBRD Hosts Western Balkans Investment Summit, Spotlighting Regional Potential

(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

EBRD Reinforces Commitment to Türkiye’s Tech Sector with Follow-On Investment in Dgpays

(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

EBRD Invests €30 Million in Sustainable Real Estate Projects Across Baltic and Eastern Europe

(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

EBRD Invests €2.5 Million in Kyiv Medical University for New Campus Amidst Ukrainian Conflict

(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

EBRD Hosts Western Balkans Investment Summit 2024 to Foster Regional Development and Green Transition

(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