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…
Trans Adriatic Pipeline completes €3.9bn project financing, €1bn from EBRD
The Trans Adriatic Pipeline (TAP) is announcing financial close today, with €3.9 billion secured from public and private lenders. The…
EBRD puts decarbonization at center of new energy sector strategy
The EBRD Board of Directors today approved a new energy sector strategy that targets the creation of an energy sector…
EBRD finances green infrastructure in Craiova
Some 300,000 inhabitants of Romania’s Craiova will benefit from a €15 million long-term loan from the EBRD which will finance…
Financing of the year – 2018 energynomics Awards nominations
We continue to present the 2018 nominations for the energynomics.ro Awards, with the Financing of the year category. Only one…
EBRD revised its forecasts on the advance of the Romanian economy in 2018 and 2019
Romania’s economy is expected to see a 4.2% growth this year, while the economic growth will slow to 3.6% next…
EBRD and Green Energy Special Fund providing €11 million joint loan to city of Bacau to modernize street lighting
The population of Bacau will benefit from a €11 million loan provided by the EBRD and the Green Energy Special…
200 million euro EBRD loan to Serbian energy giant EPS under investigation
The independent grievance body of the European Bank for Reconstruction and Development (EBRD) has started investigating a EUR 200 million…
EBRD offers 25 mln. euro for water modernisation
Romanian citizens and the environment will benefit from a new EBRD investment in the improvement of water and wastewater services…