Tag 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 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 lends EUR 150 million to global auto-parts supplier
Feb. 11 2013 - An EBRD long-term loan of EUR 150 million will back the investments of Gestamp Automocion SA, one of the world’s leading manufacturers of auto parts. It is aimed at upgrading its Russian, Polish, Hungarian and Turkish
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 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
Boosting Belgrade’s public buses
January 30 2013 Inhabitants of and visitors to Belgrade will benefit from the modernisation of the bus fleet operated by Gradsko Saobracajno Prezeduzece Beograd (GSP), the Serbian capital’s public transport company, through the acquisition of 400 new buses. The Bank’s
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,
EBRD is helping Poland open up to liquefied gas
Oct. 4, 2012 – Diversification of sources and routes and switching to cleaner fuels are key items on Poland’s energy agenda. The country, which imports most of its gas from one source – Russia, – is making a big