EBRD | News

Ukrainian Prime Minister Sergii Koretskyi discussed ongoing financial support projects for Ukraine with the leadership of the European Bank for Reconstruction and Development (EBRD), including the bank's President, Odile Renaud-Basso.

Naftogaz Group and the European Bank for Reconstruction and Development (EBRD) have signed a memorandum to expand cooperation. In addition, JSC Ukrnafta will receive a €44.6 million grant to build distributed generation facilities.

The European Bank for Reconstruction and Development (EBRD), CEECAT Capital, and Morphosis Capital have announced the completion of their investment in Romanian retailer La Cocos, following approval of the deal by the Competition Council and the completion of the operation with the companies part of Germany’s Schwarz Group, owner of the Lidl and Kaufland chains.

The European Bank for Reconstruction and Development (EBRD), which provides financial and technical assistance to support reforms and economic development in Ukraine, has expressed concern over efforts to limit the independence of Ukraine's anti-corruption institutions, specifically developments surrounding the National Anti-Corruption Bureau (NABU) and the Specialized Anti-Corruption Prosecutor's Office (SAPO).

Naftogaz Group will receive a EUR 36.4 million loan from the European Bank for Reconstruction and Development (EBRD) to modernize the drilling equipment of Ukrgasvydobuvannya JSC.

Naftogaz of Ukraine NJSC has signed an agreement attracting EUR 270 million in loan funds from the European Bank for Reconstruction and Development (EBRD) and a grant agreement with Norway, totaling EUR 140 million, to urgently purchase 1 billion cubic meters of gas.

Ukrhydroenergo has received an initial EUR 50 million from the European Bank for Reconstruction and Development (EBRD) and the Italian government to support liquidity and restore hydropower plants.

Ukraine has already received EUR 2.5 billion out of the EUR 6.1 billion that the European Bank for Reconstruction and Development (EBRD) committed to providing since February 2022.

The European Bank for Reconstruction and Development (EBRD) has emphasized the importance of diversifying Turkmenistan’s gas exports to maintain economic growth, Trend reports. According to the bank’s outlook, the country is facing economic risks associated with its heavy reliance on China, which currently accounts for over 70% of Turkmen gas exports. “A recently signed memorandum of understanding […]

The European Bank for Reconstruction and Development (EBRD) has announced a landmark investment at COP29, financing two utility-scale solar projects.

The European Bank for Reconstruction and Development (EBRD) will allocate funds to upgrade the dual-voltage electric locomotive fleet, and Ukrzaliznytsia JSC will purchase 50 electric locomotives as part of this loan.

The European Bank for Reconstruction and Development (EBRD) is extending a loan of up to US$ 7.5 million (€6.9 million) in local currency to Bank Respublika, one of Azerbaijan’s leading commercial banks. The partner bank will on-lend the proceeds to small and medium-sized enterprises (SMEs). The loan aims to boost the competitiveness and green transition of […]

Ukrainian Energy Minister German Galushchenko and a delegation of the European Bank for Reconstruction and Development (EBRD), led by EBRD Vice President Matteo Patrone, have discussed cooperation to strengthen the resilience of Ukraine’s energy system and preparations for the upcoming winter.

Law firm Tuca Zbarcea & Asociatii has assisted Romanian entrepreneurs Gianina and Iulian Nica, the founders of food retail chain La Cocos in attracting a strategic investment from the part of EBRD, CEECAT Capital and Morphosis Capital Fund II.

The European Bank for Reconstruction and Development (EBRD) and private equity funds CEECAT Capital Fund and Morphosis Capital Fund II invested EUR30-35 million to take over 56% in stock of the most powerful entrepreneurial business in Romania’s food retail, La Cocos, in line with ZF estimates.

The European Bank for Reconstruction and Development (EBRD), CEECAT Capital Fund, a regional private equity fund that works with visionary founders to support businesses growth, and Morphosis Capital Fund II, a growth capital fund focused on turning local SMEs into regional players, have entered the shareholding structure of Romanian-held food retailer La Cocos.

The European Bank for Reconstruction and Development (EBRD) is lending 100 million euros to Enefit Green for the construction and operation of the 255 MW Sopi-Tootsi wind park in Estonia.

The European Bank for Reconstruction and Development (EBRD) and Ameriabank have signed an agreement enabling Ameriabank to attract trade finance funding from the EBRD in Armenian Drams. This is the first and so far the only agreement of this kind signed by EBRD to date in Armenia. This collaboration aims to enhance Ameriabank's capacity to support local businesses engaged in international trade by ensuring access to stable and localized funding solutions. Under this arrangement, the EBRD will facilitate trade finance transactions denominated in Armenian Drams, thereby mitigating foreign exchange risks and enhancing financial predictability for businesses involved in import and export activities financed by Ameriabank. By leveraging their combined expertise and resources, the EBRD and Ameriabank aim to foster economic growth and resilience within the region. “For over a decade, Ameriabank has pioneered new trade finance opportunities and solutions in the Armenian market, and the invaluable support of EBRD, the...

Mykolaivvodokanal and the European Bank for Reconstruction and Development (EBRD) have signed an agreement to provide almost €25 million to restore the water supply in Mykolaiv.

In response to Russia’s latest attacks on Ukraine’s energy infrastructure, the EBRD is providing further funding to the country’s state-owned energy companies.