Tag Archives: European Bank for Reconstruction and Development

Erste Group and Siemens Financial Services Support Poland’s Energy Transition Through Large-Scale Battery Storage Financing

(IN BRIEF) Erste Group and Siemens Financial Services have provided R.Power with approximately PLN 270 million, or around EUR 64 million, in project financing for the construction of a 150MW / 300MWh battery energy storage system in Jedwabno, Poland. The … Read the full press release

Maib Gains EBRD Portfolio Risk-Sharing Support to Increase Lending Capacity for Moldovan Enterprises

(IN BRIEF) The European Bank for Reconstruction and Development is providing a new portfolio risk-sharing facility of up to €25 million to maib, Moldova’s largest bank, to support expanded lending to micro, small and medium-sized enterprises. The unfunded guarantee is … Read the full press release

EBRD Backs 127 MW Battery Storage Project in Romania to Support Renewable Energy Integration and Grid Stability

(IN BRIEF) The European Bank for Reconstruction and Development is providing up to €44 million to support the development, construction and operation of a 127 MW / 254 MWh battery energy storage system in Scornicești, Romania. The project, co-owned by … Read the full press release

EBRD and Credo Bank Strengthen Access to Local Currency Finance for Georgian Small Businesses

(IN BRIEF) The European Bank for Reconstruction and Development is providing a loan of up to US$40 million, equivalent to €34.6 million, to Credo Bank to expand financing for micro, small and medium-sized enterprises in Georgia. The facility will help … Read the full press release

EBRD leadership transition positions south-eastern Europe for continued investment and green infrastructure growth

(IN BRIEF) The European Bank for Reconstruction and Development has appointed Grzegorz Zielinski as Managing Director for South-Eastern Europe beginning in June 2026. Zielinski will oversee the Bank’s operations across the Western Balkans, Bulgaria, Romania and Greece, succeeding Charlotte Ruhe. … Read the full press release

European Bank for Reconstruction and Development appoints Andreea Moraru as Managing Director for Central Europe and the Baltic States

(IN BRIEF) European Bank for Reconstruction and Development has appointed Andreea Moraru as Managing Director for Central Europe and the Baltic States, effective from 1 June 2026. Based in Warsaw, she will oversee the Bank’s activities across eight countries in … Read the full press release

KfW and European partners double Clean Oceans Initiative funding target to EUR 4 billion to strengthen fight against marine plastic pollution

(IN BRIEF) KfW and its European institutional partners have expanded the Clean Oceans Initiative by doubling its financing target from EUR 2 billion to EUR 4 billion to intensify efforts against marine plastic pollution. Originally launched in 2018 by KfW, … Read the full press release

EIB to support Ukraine in advancing priority infrastructure projects under Ukraine FIRST initiative

(IN BRIEF) The European Investment Bank has entered into a cooperation agreement with Ukraine to provide advisory support for the preparation of major infrastructure projects under the Ukraine FIRST initiative. Developed in partnership with the European Commission and the European … Read the full press release

EBRD Supports Landmark Hybrid Solar and Battery Project in Hungary with €70 Million Investment

(IN BRIEF) The European Bank for Reconstruction and Development is providing €70 million in financing as part of a €210 million package to support a major hybrid renewable energy project in Hungary developed by Renalfa IPP. The project includes a … Read the full press release

EBRD Expands Investment in Green Genius to €150 Million to Accelerate Renewable Energy and Storage Projects in the Baltics and Poland

(IN BRIEF) The European Bank for Reconstruction and Development has increased its investment in Green Genius by €50 million, bringing its total commitment to €150 million. The funding will support the company’s renewable energy expansion across Lithuania, Latvia, and Poland, … Read the full press release

EBRD and InvestEU Back Innovative Financing Deal to Promote Copper Recycling and Water Efficiency in Bulgaria

(IN BRIEF) The European Bank for Reconstruction and Development has provided a €20 million loan to Sofia Med in Bulgaria, backed by an InvestEU guarantee, marking its first sustainability-linked loan in the country. The financing ties loan pricing to environmental … Read the full press release

ANDRITZ Secures Turbine Supply Contract to Modernize Serbia’s Vlasinske Hydropower Cascade and Boost Renewable Capacity

(IN BRIEF) ANDRITZ has been selected by Energotehnika Južna Bačka to supply ten turbines for the modernization of Serbia’s Vlasinske hydropower cascade, a project aimed at enhancing the performance and longevity of facilities that have been in operation since 1955. … Read the full press release

EBRD Supports Development of Green-Certified, Earthquake-Resilient Student Dormitory at Özyeğin University in Istanbul

(IN BRIEF) EBRD is providing a US$ 20 million loan to Özyeğin University to finance the construction of a green-certified, earthquake-resilient student dormitory on the university’s Çekmeköy campus in Istanbul. The project aims to address the city’s growing shortage of … Read the full press release

UniCredit Launches New Phase of UniCredit for CEE to Strengthen SME Financing Across Central and Eastern Europe

(IN BRIEF) UniCredit has launched the next phase of its UniCredit for CEE initiative, committing more than €2.6 billion in financing solutions for micro, small and medium-sized enterprises across Central and Eastern Europe through 2027. The programme aims to expand … Read the full press release

NIB Joins EIB EBRD and CEB in EastInvest Platform Supporting Investment in EU Eastern Border Areas

(IN BRIEF) Nordic Investment Bank has joined several major European financial institutions, including the European Investment Bank Group, the European Bank for Reconstruction and Development and the Council of Europe Development Bank, in signing a joint declaration supporting the EU’s … Read the full press release

EBRD Provides €60 Million Loan to Yayla Agro to Advance Circular and Inclusive Food Production

(IN BRIEF) The EBRD is providing up to €60 million in financing to Yayla Agro Gıda to support sustainable and inclusive growth at its new Niğde production facility. The investment will enable the expansion of advanced, value-added food processing, promote … Read the full press release

European Union Strengthens Support for Tunisia’s Energy Transition with €35.8 Million for Solar Power and Grid Infrastructure

(IN BRIEF) The European Union has committed €35.8 million in grant financing through the Neighbourhood Investment Platform to support Tunisia’s energy transition, signing contribution agreements with the EBRD and EIB Global. The funding will help de-risk large-scale solar projects and … Read the full press release

Kazakhstan set to host Orzax Türkiye’s first international food supplement plant with EBRD support

(IN BRIEF) The EBRD has agreed to lend up to €25 million to Orzax Central Asia to finance the construction of a greenfield food supplement manufacturing facility in Kazakhstan’s Turkestan region. The project marks Orzax Türkiye’s first international production base … Read the full press release

EBRD strengthens Croatian bakery sector with strategic investment in Mlinar

(IN BRIEF) The EBRD has approved an equity investment of up to €50 million in SEE Bakery International, the parent company of Mlinar, to support the bakery group’s expansion and operational upgrades across Croatia and the wider CSEE region. Delivered … Read the full press release

EBRD Backs OTP Bank Moldova with New Facility to Strengthen SME Competitiveness and EU Alignment

(IN BRIEF) The EBRD, in cooperation with the European Union, is providing a €10 million financing package to OTP Bank Moldova under the EU4Business–EBRD Credit Line to support lending to micro, small and medium-sized enterprises. The programme will help Moldovan … Read the full press release