EBRD- Page 2

Vital role for private sector in financing climate resilience

September 7, 2021

WORLD

The warning could hardly have been starker: “Climate change is widespread, rapid, and intensifying, and some trends are now irreversible”, the Intergovernmental Panel on Climate Change (IPCC) said in its latest report published in August. It was a stark reminder that action is not only inevitable, but also urgent.

Turkish Exporters Could Face Steep Extra Costs Under New EU Carbon Rules

Turkish exporters of energy-intensive products such as cement, steel and aluminium could

by British Reporter

August 2, 2021

2 mins read

EBRD Lends Izmir €125 Million to Build New Metro Line

A new metro line in Izmir, Turkey’s third-largest city, will provide safer,

by British Reporter

July 31, 2021

1 min read

New EBRD Forecast Sees Ukraine’s Economy Returning to Growth

Ukraine’s economy is set to return to growth in 2021, the European

by British Reporter

June 29, 2021

1 min read

WORLD

EBRD and EU help DAMAMAX to improve telecommunications services in Jordan

The FINANCIAL — The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are providing a financial package of up to US$ 5 million to Jordan’s telecommunications provider Al-Hadatha Telecom and Technology PSC (DAMAMAX) to support the expansion of the company’s fibre-to-the-premises (FTTx) services.

by The FINANCIAL

November 19, 2020

1 min read

BANKS

Flagship EBRD Green Cities doubles in size

The FINANCIAL — Finance for the EBRD’s pioneering urban sustainability programme, EBRD Green Cities, is doubling in size with a further €950 million allocated to extend work over the next three years. Set up in 2016 with €250 million and expanded in 2018

by The FINANCIAL

November 19, 2020

1 min read

Business

How a small business from Bulgaria painted its way out of crisis

The FINANCIAL — Escreo is a company specialising in dry-erase paint that can transform any flat surface into a whiteboard. The company undertook an IT project with the support of one of the newest donors in Bulgaria, the European Union’s Horizon 2020 programme. The EBRD recently celebrated an

by The FINANCIAL

November 17, 2020

2 mins read

WORLD

EU and EBRD invest in wastewater network in Zadar, Croatia

The FINANCIAL — The European Bank for Reconstruction and Development (EBRD) is providing a €4.5 million loan for the completion of a key infrastructure project in Zadar, the fifth-largest city in Croatia and a popular tourist destination on the Adriatic coast. The Bank’s financing

by The FINANCIAL

November 17, 2020

1 min read

Ukraine

Ukraine’s national postal service UkrPoshta set for overhaul in rural areas with EBRD help

The FINANCIAL — Millions of people in rural Ukraine will benefit from transformed postal and delivery services thanks to a €63 million loan from the European Bank for Reconstruction and Development (EBRD) to UkrPoshta, the national postal service. Matteo Patrone, EBRD Managing Director for Eastern Europe and

by The FINANCIAL

November 17, 2020

2 mins read

Ukraine

EU and EBRD help Ukrainian wood producer boost sustainable production

The FINANCIAL — A leading domestic wood processing company in Ukraine has introduced new, energy efficient waste-management technologies aimed at reducing wood waste by 35% and significantly decreasing energy use. Thanks to the support received from the European Union and the European Bank

by The FINANCIAL

November 16, 2020

1 min read

Business

EBRD and partners acquire Egypt’s Adwia Pharmaceuticals

The FINANCIAL — The European Bank for Reconstruction and Development (EBRD) is joining forces with reputable partners to improve the availability and affordability of medicines, using an investment platform with an initial capital commitment of US$ 250 million. The EBRD is committing

by The FINANCIAL

November 16, 2020

1 min read

WORLD

How the Platform on Sustainable Finance will help define our green future

The FINANCIAL — With an ever more ambitious global green agenda coming into focus, states, markets, blocs and businesses are working to go carbon-neutral in time to keep world temperature rises from exceeding 2C and, preferably, the more ambitious target of 1.5C.

by The FINANCIAL

November 12, 2020

4 mins read

Finance

EBRD and TSKB co-finance Turkish chocolate maker Altinmarka

The FINANCIAL — Turkey’s leading cocoa producer and chocolate maker, Altinmarka Gida Sanayi Ve Ticaret AS, is receiving a financial boost to keep up with growing demand. The European Bank for Reconstruction and Development (EBRD) and Turkiye Sinai Kalkinma Bankasi (TSKB), the Industrial Development Bank

by The FINANCIAL

November 12, 2020

1 min read

WORLD

Mongolia’s Otoch Odi supports people’s health during the coronavirus pandemic

The FINANCIAL — Lung-supporting, immune-system-boosting black radish teas and dried nettle leaf powder are staples in the trolleys of shoppers and on kitchen counters in homes in Mongolia. These are just some examples of the many health-supporting products made under the ‘Dr Baatar’

by The FINANCIAL

November 12, 2020

2 mins read