Search results for: ebrd

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A list of search results

  • 30 November 2015
    Business & Finance

    Cyprus-based ship management company Interorient Shipmanagement has secured a USD 11.4 million loan from the European Bank for Reconstruction and Development (EBRD) that will be used for the company’s expansion plans. Interorient Shipmanagement is planning to expand its fleet under management through a series of investments. According to the EBRD, the investment is also expected to contribute to […]

  • 3 July 2015

    The EBRD informed that together with the IFC, a member of the World Bank Group, it will provide €20 million in loans to support the expansion of Bulgarian fuel supplier Bulmarket DM.

  • 1 August 2014
    Equipment

    The EBRD and Unibank are providing a $10 million loan to Dalgidj LLC, an Azerbaijani oil-service company, for the expansion of the company’s activities. The loan will be used for the acquisition of a new remotely operated vehicle (ROV) and the construction of a new warehouse. Dalgidj, a local private company, offers services such as […]

  • 8 December 2016
    Business & Finance

    EU Commissioner Arias Cañete and EBRD President Chakrabarti today signed a new Memorandum of Understanding to enhance energy cooperation between the EU and the European Bank for Reconstruction and Development (EBRD).  The new agreement will broaden the existing cooperation to a significant number of areas, including scaling-up energy efficiency financing, increasing investment in renewable energy, […]

  • 5 July 2016

    The European Bank for Reconstruction and Development (EBRD) is stepping up its support for Energean Oil & Gas, the only oil and gas producer in Greece, with an additional $20 million subordinated loan to the company, following the previously announced $75 million financing package. The loan will support the exploration of the Prinos Basin as […]

  • 4 April 2012
    Business & Finance

    The EBRD is extending a US$ 10 million loan to a Sevastopol-based shipping company Yugreftransflot. The Bank’s funding is contributing towards the total cost of the acquisition of two multi-purpose dry cargo vessels with deadweight of 5,190 tonnes each. Yugreftransflot, which has been a client of the Bank since 2007, is implementing a new development […]

  • 8 December 2016
    Authorities & Government, Business & Finance, Research & Development, Technology

    The European Union (EU) and the European Bank for Reconstruction and Development (EBRD) have agreed to enhance energy cooperation on a number of areas, including renewable energy.

  • 5 April 2012

    The EBRD is extending a US$ 10 million loan to a Sevastopol-based shipping company Yugreftransflot. The Bank’s funding is contributing towards the total cost of the acquisition of two multi-purpose dry cargo vessels with deadweight of 5,190 tonnes each. Yugreftransflot, which has been a client of the Bank since 2007, is implementing a new development […]

  • 4 October 2012

    Diversification of sources and routes and switching to cleaner fuels are key items on Poland’s energy agenda. The country, which imports most of its gas from one source – Russia, – is making a big step towards energy security, with co-financing from the EBRD. The European Bank for Reconstruction and Development is providing a PLN […]

  • 17 May 2011
    Business & Finance

      Russia’s Lukoil and the EBRD today announced that the financing for Shah Deniz, the largest offshore gas field development in the Caspian Sea, had achieved full completion. Shah Deniz is now the largest new gas field in the region, serving both the Azeri and Georgian domestic gas markets, as well as exporting large quantities […]

  • 17 May 2011

      Russia’s Lukoil and the EBRD today announced that the financing for Shah Deniz, the largest offshore gas field development in the Caspian Sea, had achieved full completion. Shah Deniz is now the largest new gas field in the region, serving both the Azeri and Georgian domestic gas markets, as well as exporting large quantities […]

  • 18 May 2012
    Authorities & Government, Business & Finance

    The EBRD is boosting its efforts to improve energy efficiency and deal with the threat of climate change with new investment in projects worth up to €25 billion over the next three years. The next phase of the Bank’s successful Sustainable Energy Initiative (SEI) aims to deliver an annual cut in carbon emissions in its countries […]

  • 1 August 2014
    Business & Finance, Equipment

    The EBRD and Unibank are providing a $10 million loan to Dalgidj LLC, an Azerbaijani oil-service company, for the expansion of the company’s activities. The loan will be used for the acquisition of a new remotely operated vehicle (ROV) and the construction of a new warehouse. Dalgidj, a local private company, offers services such as […]

  • 3 July 2015

    The EBRD informed that together with the IFC, a member of the World Bank Group, it will provide €20 million in loans to support the expansion of Bulgarian fuel supplier Bulmarket DM.

  • 29 September 2015
    Business & Finance

    The European Bank for Reconstruction and Development (EBRD) said it was investing in a minority stake of the Turkish port operator Global Ports Holding (GPH) in a move to boost the company’s operations. GPH has eight ports in five countries in the Mediterranean and Asia Pacific region and it is an arm of Global Yatirim […]

  • 20 May 2016
    Business & Finance

    The European Bank for Reconstruction and Development (EBRD) and Energean Oil & Gas have signed a $75 million financing package to support the company’s ongoing $200 million investment plan to develop the Prinos and Epsilon oil fields offshore northern Greece. According to a press release by Energean and EBRD, the package is also meant for […]

  • 31 January 2013

    The EBRD is stepping up its support of the Kazakh city of Almaty’s comprehensive reform to its public transportation system. EBRD and the city have signed a loan agreement for a senior 10-year US$ 39.3 million loan which will be used to buy up to 200 new CNG (compressed natural gas) buses. The project will […]

  • 29 October 2015
    Business & Finance

    The European Bank for Reconstruction and Development (EBRD) is providing a loan of up to €200 million (USD 218 million) to Société Nador West Med to finance the basic infrastructure for a new port on the Mediterranean coast of Morocco, 30 km from the town of Nador. Société Nador West Med (NWM), a state-owned limited […]

  • 29 September 2015
    Business & Finance

    The European Bank for Reconstruction and Development (EBRD) said it was investing in a minority stake of the Turkish port operator Global Ports Holding (GPH) in a move to boost the company’s operations. GPH has eight ports in five countries in the Mediterranean and Asia Pacific region and it is an arm of Global Yatirim […]

  • 29 November 2012

    The EBRD has sold 229,554,012 shares in OMV Petrom S.A., a leading company in the oil and gas sector located in Romania, which is listed on the Bucharest Stock Exchange. The partial sale represented 20 per cent of the Bank’s holding. The EBRD became a shareholder of Petrom in 2004 to support the privatisation of […]

  • 29 October 2015
    Business & Finance

    The European Bank for Reconstruction and Development (EBRD) is providing a loan of up to €200 million to Société Nador West Med to finance the basic infrastructure for a new port on the Mediterranean coast of Morocco, 30 km from the town of Nador. The EBRD investment will contribute to the construction of a breakwater, […]

  • 23 January 2018
    Business & Finance

    The Board of Directors of the European Bank for Reconstruction and Development (EBRD) last week approved the loan of up to $50 million to Nibulon. The loan is to support the expansion and modernization of Nibulon’s grain logistics infrastructure in 2018-2019 including the construction of river terminals, transshipment crane, river fleet and Mykolaiv terminal enhancement […]