(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is taking steps to tackle youth unemployment and promote entrepreneurship in Central Asia by introducing a seven-year, €200 million (US$218 million) Youth in Business program. This initiative aims to provide … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged Arnur Credit, Central Asia, EBRD, Entrepreneurship, Hamkorbank, Kazakhstan, Mongolia, MSMEs, partnership, Shinhan Bank Kazakhstan, Transcapital, Uzbekistan, Youth in Business Program, youth unemployment
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is supporting green lending and trade expansion in Uzbekistan by providing a financial facility of up to $45 million (€42.5 million) to Ipak Yuli Bank, a major private lender in … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, United Kingdom
Tagged EBRD, Financial Facility, Green Lending and Trade, Ipak Yuli Bank, partnership, sustainability, Uzbekistan
(IN BRIEF) The Fergana Valley, a crucial agricultural region in Central Asia, faces a looming environmental crisis resulting from decades-old uranium mining activities. The aftermath of Soviet-era uranium mining, marked by abandoned mines, open tunnels, and improperly managed waste dumps, … Read the full press release
(IN BRIEF) Remediation work at legacy uranium mining sites in Uzbekistan is being funded by a €9 million grant from the Environmental Remediation Account for Central Asia (ERA), established by the European Union (EU) and managed by the European Bank … Read the full press release
Posted in Banks, Business, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, United Kingdom
Tagged EBRD, EU, Remediation Project, Tashkent, Uranium Mining Sites, Uzbekistan
(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) 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
(NOTICIA EN BREVE) El BERD está invirtiendo $ 205 millones en la construcción de tres plantas de energía solar completamente nuevas en Uzbekistán. El paquete financiero se proporcionará a Abu Dhabi Future Energy Company (Masdar), con el cofinanciamiento esperado del … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment
Tagged Abu Dhabi Future Energy Company, Acuerdo de París, ADB, AIIB, Banco Asiático de Desarrollo, Banco Asiático de Inversión en Infraestructura, Banco Europeo de Inversiones, BERD, EIB, energía renovable, FMO, Masdar, Nur Jizzakh, Nur Samarcanda, Nur Sherabad, plantas de energía solar, préstamos, Uzbekistan
(IN BRIEF) The EBRD is investing $205 million in the construction of three greenfield solar power plants in Uzbekistan. The financial package will be provided to Abu Dhabi Future Energy Company (Masdar), with expected co-financing from the Asian Development Bank, … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment
Tagged Abu Dhabi Future Energy Company, ADB, AIIB, Asian Development Bank, Asian Infrastructure Investment Bank, EBRD, EIB, European Investment Bank, FMO, loans, Masdar, Nur Jizzakh, Nur Samarkand, Nur Sherabad, Paris Agreement, renewable energy, solar power plants, Uzbekistan
(IN BRIEF) YURiA-PHARM, a leading Ukrainian pharma company, has acquired Reka-Med, a pharmaceutical company in Uzbekistan, with the help of €10 million of finance repurposed from an existing loan made by the European Bank for Reconstruction and Development (EBRD). The … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Pharma & Biotech, United Kingdom
Tagged ACQUIRES, EBRD, financing, Matteo Patrone, Reka-Med, UK, UKRAINE, Uzbekistan, YURiA-PHARM
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a sovereign loan of up to $199.96 million to Uzbekistan to upgrade the irrigation system in the heavily populated Fergana Valley. The funds will be used to modernize … Read the full press release
(PRESS RELEASE) LONDON, 5-Sep-2022 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD), a multilateral developmental investment bank, has announced its financial backing for the construction and operation of a 500 MW greenfield wind power plant in the … Read the full press release
Posted in Banks, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, News, United Kingdom
Tagged EBRD, financing package, loan, Masdar, PJSC, renewables, Uzbekistan, wind energy, wind power plant
(PRESS RELEASE) GRAZ, 24-Jan-2022 — /EuropaWire/ — ANDRITZ GROUP, Austria-based international technology group active in the supplies of plants, has announced it will supply a spunlace line to the Uzbek cotton spinning specialist Texygen Textile LLC in Margilan, Uzbekistan with … Read the full press release
Online training and knowledge sharing and exchange platform now available to financial institutions in Uzbekistan LONDON, 06-Mar-2018 — /EuropaWire/ — Micro, small and medium-sized private businesses in Uzbekistan will now benefit from a new Regional Small Business Programme (RSBP) launched in … Read the full press release
Posted in Banks, European Union, Financial, Investment, Small Business, United Kingdom
Tagged EBRD, EU, financial institutions, knowhow, knowledge, MSME finance, MSMEs, training, Uzbekistan
Bank opens office in Tashkent and provides US$ 120 million for new projects LONDON, 10-Nov-2017 — /EuropaWire/ — Following the launch of a broad reform programme in Uzbekistan, the EBRD is taking its engagement with the Central Asian country to a new … Read the full press release
Posted in Banks, Financial, Infrastructure & Utilities, Investment, United Kingdom
Tagged EBRD, Tashkent, Uzbekistan
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