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EBRD and EU finance Serbian businesses via OTP Banka Serbia
The European Bank for Reconstruction and Development (EBRD) is providing 60 million euros in financing to OTP Banka in Serbia. As part of the financial package, 10 million euros will be lent through the EBRD’s small and medium-sized enterprise (SME)…
The shift to the green economy leads to big and small transitions
The global shift to net zero will require major structural changes in economies, as well as extensive change in daily lives. The scale of the transition is unprecedented: from the rush to source critical raw materials to the reconfiguration of…
EBRD and Sparkasse Bank Makedonija Support Small Businesses in North Macedonia
The European Bank for Reconstruction and Development (EBRD) is supporting the green economy in North Macedonia by providing a EUR 23 million loan to Sparkasse Bank Makedonija (SMB) for on-lending to local micro, small and medium-sized enterprises (MSMEs). The loan…
Modernisation of Heating Plants for More Efficient Heating, Better Air Quality
Deputy Prime Minister and Minister of Mining and Energy Zorana Mihajlovic signed memorandums of understanding in Kragujevac, within the framework of the project “Renewable energy sources of districts in Serbia”, with the European Bank for Reconstruction and Development, the Swiss…
The Potential of the Region is Substantial, We Must Act Swiftly Right Now
The Energy Week Western Balkans conference organized by the British company Invest In Network is underway in Montenegro. The first panel discussed the potential of clean energy sources in the Western Balkans. The participants were Rigela Gegprifti, from the company…
EBRD Loans USD 100 Million to Boost Renewables in Turkey
The European Bank for Reconstruction and Development (EBRD) is extending up to USD 100 million in financing to Adnan Polat Enerji Yatirimi A.S. (APEY) as part of a financing package jointly provided by Turkiye Is Bankasi, Turkiye Sinai Kalkinma Bankasi…
EBRD Provides USD 127 Million Loan to Turkey’s Isbank
The European Bank for Reconstruction and Development (EBRD) is providing USD 127 million in new funding to Isbank for on-lending to women-led businesses and to facilitate Turkey’s transition to a green economy. The financing is being made available through the…