EBRD

EBRD seeks consultant to improve governance of Croatian state-owned enterprises

The European Bank for Reconstruction and Development (EBRD) has invited expressions of interest in the provision of consultancy services to Croatia's Ministry for State Property Management and Restructuring and Sale Centre (CERP) to ensure more effective governance of state-owned enterprises.

EBRD supports construction of shopping and entertainment centre in Pula

The European Bank for Reconstruction and Development (EBRD) will invest EUR 10 million and become a partner in a 30,000 square metre shopping and entertainment centre to be built in Pula, the EBRD said on Friday.

EBRD grants loans to Bosnia for Corridor Vc motorway, Brcko port

The European Bank for Reconstruction and Development (EBRD) has granted a fresh loan of EUR 76 million for the construction of additional sections of the Corridor Vc motorway through Bosnia and Herzegovina and an additional EUR 10 million for the upgrading of the Sava River port of Brcko.

Employers, EBRD launch paid student training project

The Croatian Employers' Association (HUP) and the European Bank for Reconstruction and Development (EBRD) on Friday presented the Private Sector Youth Initiative project which would give university students, based on paid training in Croatian companies, greater chances in finding employment.

ZSE-EBRD project for funding businesses via stock market presented

The Zagreb Stock Exchange (ZSE) and the European Bank for Reconstruction and Development (EBRD) have launched, with support from the TaiwanBusiness fund for technical cooperation, the SME Growth Market Project, a project aimed at opening the financial market to small and medium businesses.

EUR 123m syndicated loan approved for Podravka Group

The Podravka food company signed on Tuesday a contract with the European Bank for Reconstruction and Development (EBRD) and four business banks on a syndicated loan totalling EUR 123 million to a period of six years with a favourable interest rate for refinancing existing loan liabilities, capital investments and possible acquisitions.

EBRD continues to support women in business in Croatia

The European Bank for Reconstruction and Development (EBRD) announced on Friday it would continue its programme for women entrepreneurs in Croatia which would enable SMEs managed by women to access loans and business counselling.

EBRD grants EUR 20 mn to Croatian packaging producer AFP

The European Bank for Reconstruction and Development (EBRD) is providing a EUR 20 million loan to Aluflexpack Group (AFP Group) to support the expansion of its flexible packaging product range and the further development of its aluminum-based products.

EBRD gives EUR 35M loan to RBA Leasing for credit line to SMEs

The EBRD is, thus, providing a EUR35 million loan to Raiffeisen Leasing d.o.o. to expand lease financing to Croatian small and medium-sized enterprises.

EBRD to invest EUR 1 bln in Western Balkans, one-third for Serbia, says official

The European Bank for Reconstruction and Development (EBRD) plans to invest more than one billion euros in the Western Balkans, and one-third of the funds will go to Serbia, the head of the EBRD office in Serbia, Daniel Berg, said on Monday.

EBRD reduced its equity stake in Atlantic Grupa

"We are exceptionally pleased with our longstanding cooperation with Atlantic Grupa and the Company’s development and achievements over the years," said Miljan Zdrale, EBRD’s Head of Agribusiness for Central and South-Eastern Europe.

FinMin says EBRD revises projections upward because of Croatia's good economic performance

The European Bank for Reconstruction and Development (EBRD) has revised upward its projection of Croatia's economic growth in 2016 to 1.5% from its initial forecast of about +0.5%.

EBRD expects Croatia's economy to pick up by 1.5% in 2016

"In Croatia, the six-year recession came to an end in 2015 and the economy expanded by 1.6 per cent. The recovery has been underpinned by a better-than-expected tourist season, stronger external demand and lower oil prices."

EBRD launches Reenova+ energy efficiency facility in Croatia

The European Bank for Reconstruction and Development (EBRD) on Wednesday launched a EUR 60 million Reenova+ financing facility to encourage investment in the energy efficiency of the Croatian housing sector.

EBRD for changing financing model in transition region

"It's necessary to change the financing approach. Bank-centric financing is no longer enough and it's necessary to work on developing the capital market and investments in capital owned by companies so that they can invest, which will contribute to a more competitive economy,"

Croatia one of key states in support of green building

The two-day event brought together 400 Croatian and foreign participants. Construction and Physical Planning Minister Lovro Kuscevic attended the opening of the conference and the signing of the agreement.

EBRD ready to continue financing construction of VC corridor through Bosnia

Muent said that over the next three years the EBRD would ensure loan funds in the amount of between EUR 80 million and EUR 100 million annually for the construction of Corridor Vc.

EBRD and HAC sign EUR 250 million loan agreement

‎HAC has established HAC-ONC as a subsidiary in charge of maintenance and tolling of the motorway network, totalling 925 kilometres. The EBRD loan will support the restructuring of the subsidiary, the statement said.

EBRD approves EUR 250mn loan to HAC motorways operator

The European Bank for Reconstruction and Development (EBRD) has approved a loan of EUR 250 million to the Croatian motorways operator Hrvatske Autoceste (HAC), the bank's Zagreb office confirmed on Friday.

PM: Gov't open for business

Prime Minister Tihomir Oreskovic  said on Tuesday that over the past 30 days he had talked with investors and told them that the government was open for business and that it would do everything to attract investments.

Oreskovic pleased with EBRD summit in London

Croatian Prime Minister Tihomir Oreskovic, who attended an investment summit organised by the European Bank of Reconstruction and Development (EBRD) in London on Monday, said he was pleased that his messages were received well by potential investors.  

PM: Stable tax system, trustworthy judiciary crucial for investments

Croatian Prime Minister Tihomir Oreskovic, who on Monday attended an EBRD investment summit in London, said that in order to attract investments it was vital to have a stable tax system and a judicial system that instilled confidence.

Belgrade and Ljubljana exchanges join SEE Link

The agreement was signed at the Western Balkans Investment Summit in London organised by the EBRD and was attended by the prime ministers of Croatia, Albania, Bosnia and Herzegovina, Kosovo, Macedonia, Montenegro and Serbia.

Oreskovic presents Croatia's investment projects at EBRD summit in London

Croatian Prime Minister Tihomir Oreskovic presented strategic projects of his government and main cross-border energy and infrastructure investment projects at the Western Balkans Investment Summit of the European Bank for Reconstruction and Development (EBRD) in London on Monday.

Croatian PM to attend EBRD investment forum in London Monday

Croatian Prime Minister Tihomir Oreskovic will attend in London on Monday a Western Balkans investment summit organised by the European Bank for Reconstruction and Development (EBRD).

EBRD promoting Croatia as investment and cultural destination

The event will bring together policymakers, investors and prominent business people to discuss the economic outlook on Croatia and explore investment opportunities in the country.

EBRD supports Croatian women-run SMEs

PBZ Board member Ivan Gerovac said that PBZ "is highly committed to providing support to women entrepreneurs and hopes that the new special product financed by the EBRD will facilitate their access to the market."

EBRD acquires 5.2% stake in Zagreb Stock Exchange

The European Bank for Reconstruction and Development (EBRD) has acquired a 5.2% stake in the Zagreb Stock Exchange (ZSE) by injecting fresh capital in it, the ZSE reported on Monday.

EBRD approves EUR 80 mln loan for corridor 5C in Bosnia

Brown said that since 2008 the bank had signed loan contracts with Bosnia and Herzegovina for the construction of the 5C corridor for more than 315 million euro in all.

EBRD and Erste Bank Croatia sign two loan agreements

An additional EUR 10 million will be provided as part of Erste's EUR 60 million Croatia Residential Sustainable Energy Financing Facility (CroSEFF) aimed at improving residential building energy efficiency.

Gov't allows motorway operator to borrow EUR 200M from EBRD

The minister explained that the loan would become operational next February , because loan contracts with EBRD must go through procedures in the government twice and in the parliament once.

Gov't to shift application of new chart of accounts to 2017

In 2016, HAC is due to service a loan of 466 million euros plus 109 million in interest and it is not possible to cover this sum from the operator's own revenues. 

EBRD loan agreement for Sisak wastewater project amended

The EBRD is supporting the upgrade of the the wastewater infrastructure in the city of Sisak and neighbouring municipalities with a EUR 9.2 million loan.

EBRD revises Croatian growth forecast for 2015 from 0.5% to 0.9%

The European Bank for Reconstruction and Development (EBRD) has revised upward its growth projection for the Croatian economy for this year to 0.9% and affirmed its forecast of 0.5% ...