(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
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending a loan of up to $100 million to Enerjisa Enerji A.S. in Turkey to support the modernization and reconstruction of the electricity distribution network in the earthquake-affected Toroslar … Read the full press release
Posted in Banks, Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Turkey, United Kingdom
Tagged Aida Sitdikova, earthquake, EBRD, Electricity Network Reconstruction, Enerjisa Enerji, partnership, Philipp Ulbrich, sustainability, Turkey
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is actively supporting sustainability and green initiatives in Central Asia, empowering local entrepreneurs to transition to eco-friendly operations. One notable example is the Bel-Tam yurt camp in Kyrgyz Republic, which, … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged Central Asia, EBRD, entrepreneurs, Green Initiatives, Kyrgyz Republic, partnership, SMEs, sustainability, Tachmyrat Gurdov, Turkmenistan
(IN BRIEF) In 2023, the European Bank for Reconstruction and Development (EBRD) marked a historic investment of €846 million in Serbia, a significant increase from the previous year and surpassing the previous record of €679 million in 2020. The EBRD’s … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, News, Serbia, United Kingdom
Tagged EBRD, economic growth, green transition, investment, Matteo Colangeli, partnership, SERBIA, sustainability
(IN BRIEF) In 2023, the European Bank for Reconstruction and Development (EBRD) marked a significant increase in investments in Ukraine, deploying a record €2.1 billion, following €1.7 billion in 2022. The EBRD’s investment efforts were directed toward supporting Ukraine’s recovery … Read the full press release
Posted in Banks, Business, Construction, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Ukraine
Tagged EBRD, investment, Odile Renaud-Basso, partnership, reconstruction, recovery, sustainability, UKRAINE
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) reported a record investment of €2.48 billion in Turkey for 2023, marking a significant increase from previous years. The EBRD’s commitment to supporting Turkey’s private sector and green transition remained … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has approved a €150 million loan for Moldova to support the rehabilitation of crucial roads, particularly around the capital, Chisinau. The loan will fund the expansion and enhancement of the … Read the full press release
Posted in Banks, Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Moldova, News, United Kingdom
Tagged Chişinău, EBRD, MOLDOVA, partnership, Road Rehabilitation Projects
(IN BRIEF) Food Alliance, a Georgian frozen pastry producer, has received support from the European Bank for Reconstruction and Development (EBRD) and the European Union (EU) through the EU4Business-EBRD Credit Line in Georgia since 2017. This assistance includes modern equipment, … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Food & Beverage, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged EBRD, European Union (EU), Financial, Food Alliance, GEORGIA, investment, partnership, SMEs, sustinability
(IN BRIEF) Expeditio Architects, an organization based in Montenegro, is pioneering sustainable spatial development projects, emphasizing civil society, architecture, urban planning, energy efficiency, and cultural heritage. With support from Sweden, they launched Archylab, an interactive portal aimed at educating architects … Read the full press release
Posted in Banks, Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Montenegro, News, Sweden, Technology, United Kingdom
Tagged Archylab, Biljana Gligorić, EBRD, Expeditio Architects, Innovative Online Portal, Montenegro, partnership, sustainability, Sweden, urban development
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