Category Archives: EBRD
EBRD offers Belarus firms energy efficiency funding
Feb. 19, 2013 – The EBRD today launched a new facility in Belarus that will provide local banks with up to USD 50 million to finance investments in energy efficiency and renewable energy. These are urgently needed to ensure
EBRD invests in safe water and sanitation services for Romanians
Feb. 19, 2013 – The EBRD is helping to provide some 170,000 people with safe water and sanitation services in Prahova county in south-eastern Romania while also greatly reducing the losses that occur in the water treatment process. The
EBRD supports financing to micro and small enterprises in Kazakhstan
Feb. 18 2013 - The European Bank for Reconstruction and Development (EBRD) is providing a local currency loan in the equivalent of US$ 3 million to MCO Arnur Credit for on-lending to micro and small enterprises (MSEs) and individual entrepreneurs
EBRD supports expansion of Ukrainian retailer Novus
Feb. 18 2013 – The EBRD is providing a senior loan of up to US$ 50 million to Novus Group, a rapidly developing retail chain in Ukraine. The loan will finance the expansion of the chain in Ukraine and
First EBRD loan to poultry producer in Turkey: up to €30 million to Keskinoglu
Feb. 04 2013 Five years after the beginning of its operations in Turkey, the EBRD has signed its first deal with a Turkish primary agriculture production company. The Bank, which believes Turkish agribusiness is one of the higher-growth potential sectors
EBRD, Raiffeisen Bank Aval and John Deere team up to support primary agriculture in Ukraine
The European Bank for Reconstruction and Development is joining forces with Raiffeisen Bank Aval, a subsidiary of Raiffeisen International of Austria, and the world’s leading supplier of agricultural machinery John Deere to help Ukrainian farmers purchase high quality farming equipment.
EBRD finances hydropower plants in Armenia
The European Bank for Reconstruction and Development (EBRD) is supporting investment in the generation of renewable energy in Armenia with a US$ 25 million loan to International Energy Corporation (IEC) to finance the rehabilitation of the seven hydropower plants of
Georgia’s largest power plant to trade carbon credits
Georgia’s largest power plant, Enguri Hydro Power Plant, will be able to sell carbon credits earned thanks to an EBRD-financed energy efficiency project. The EBRD investment from 1998 in the total amount of $70 million was used to upgrade all
EBRD supports financing to micro, small and medium-sized enterprises in Armenia
The European Bank for Reconstruction and Development (EBRD) is lending US$ 5 million equivalent in local currency to Converse Bank for on-lending to micro, small and medium-sized enterprises (MSMEs) in Armenia. The EBRD’s funds will help Converse Bank to expand
Mongolian appliances retailer BSB Service to get new store and warehouse
Oct. 10, 2012 – The EBRD is continuing to support the diversification of the Mongolian economy with a US$ 4 million senior loan and US$ 2 million mezzanine loan, one of the first in the country, to support the
EBRD funds first privately owned copper mine in Mongolia
Oct. 9, 2012 – In its largest investment in Mongolia to date, the EBRD is raising the standards in the country’s mining industry with a US$ 250 million loan for the development of the Tsagaan Suvarga copper mine located
EBRD to finance its first solar power project
Oct. 8, 2012 – The EBRD is actively promoting the use of renewable energy in Ukraine in order to reduce the country’s dependence on imported fossil fuel and to improve its energy security. The latest initiative of the Bank,