EBRD has a new country strategy for Romania; focus on infrastructure, productivity growth and the financial sector
The Board of Directors of the European Bank for Reconstruction and Development (EBRD) approved on Friday the new strategy for…
EU provides financial support of over 15.6 billion euro to partner countries
The European Commission presented plans for a strong and well-targeted response from the European Union to support the efforts of…
Businesspersons propose the Government to borrow from IMF for a public intervention of 30 billion euro in the economy
Hundreds of businesspersons in various fields such as IT, health, construction and investment funds propose the Government and the other…
Transgaz and EBRD have signed a MoU on cooperation and investment support
Transgaz and the EBRD (European Bank for Reconstruction and Development) signed a memorandum of understanding on cooperation and support for…
Hidroelectrica could first sell 5 to 10% of shares to EBRD, to give through IPO only the rest of up to 20%
Bogdan Tudorache The Minister of Economy and Energy (MEEMA), Virgil Popescu, argues that Hidroelectrica could be privatized this fall, but…
EBRD pledges support for reforms that unlock investment to Romania
Bogdan Tudorache EBRD President Suma Chakrabarti has pledged support for Romania’s efforts to pursue pro-business reforms, address Romania’s infrastructure needs…
Pruna, USR: CE Oltenia and the Black Sea gas need urgent decisions
This year will mark the last chance for CE Oltenia to keep in the future a significant contribution to the…
EBRD provides financing of 58 million euro for the largest wind farm in Kosovo
The European Bank for Reconstruction and Development (EBRD) has granted a loan of 58 million euro for the construction of…
EBRD has improved the growth forecast of Romania’s economy
The European Bank for Reconstruction and Development (EBRD) has improved its estimates on the evolution of Romania’s economy in 2019…
EU money for the Republic of Moldova to build power link with Romania
Following an initial €160 million loan provided by the EBRD and the European Investment Bank (EIB) in equal parts, the…
Serbia’s Kovačica windfarm starts operations, after €49 million EBRD loan
The largest wind farm project in Serbia to date officially started its operations today in Kovačica, a small town in…
EU co-finances new arch for Chernobyl
Reactor 4 of the Ukrainian Chernobyl nuclear power plant has been covered with a new arch and is the largest…
EBRD to invest EUR 250 mln. in Turkish energy sector in 2019
Turkey’s energy sector has been attracting around EUR 250 million ($280 million) per year from the European Bank for Reconstruction…
NN holds 6.21% of Electrica’s voting rights
Bogdan Tudorache Former ING Asigurări, now NN, has reached 6.21% of Electrica’s voting rights, according to a statement issued to…
EBRD helps Moldova’s second largest city buy more new trolleybuses
Some 150,000 people living in Moldova’s second largest city, Balti, will benefit from more environmentally friendly and energy efficient public…
EBRD and EU supporting innovative businesses in Bulgaria, Latvia and Romania
The EBRD and the EU have launched a new financing programme that supports investment in research and innovation by small…
EBRD backs Romania’s first covered bond with 40 mln. euro
Romanian capital markets are getting another boost as Alpha Bank, a local lender, is issuing the country’s first covered bonds.…
169 individual heating substations installed in Moldova’s Balti with financing from EBRD and donors
Since early 2019, 169 individual heating substations have been installed, providing heat for 129 buildings across Balti, Moldova’s second largest…
EBRD’s financing for TeraPlast reaches 16 mln. euro
The financing of the TeraPlast Group, the largest producer of building materials with Romanian capital, from the European Bank for…
No-deal Brexit will hit Eastern Europe trade: EBRD
Trade in a host of Europe’s emerging economies and nearby Turkey will be hit if Britain crashes out of the…
Mark Davis is the new EBRD director for Romania, investments to rise
A high level EBRD delegation led by Jurgen Rigterink, First Vice President, and Alain Pilloux, Vice President, Banking, arrived in…
Macedonia to construct a solar power plant on the site of an exhausted coal mine with EBRD money
Macedonian plans to move decisively forward with decarbonization are making a big leap forward, as the EBRD is lending €5.9…