Sustainable Energy
Armenia
EBRD lights up Armenia’s capital
We are providing US$ 4 million for a pilot project that will enable Yerevan, the capital of Armenia, to modernise its street-lighting system by introducing energy-efficient technologies.
Making a difference
Donors help us make a tangible difference to the lives of people in our region. Together we work to improve vital infrastructure, provide financing and advice to small business, develop financial institutions and local capital markets, and tackle climate change.
- Sustainable energy: €210.6 million52.00%
- Infrastructure: €97.7 million24.13%
- Small business: €38.5 million9.50%
- Financial sector: €31.3 million7.74%
- Local currency and capital markets: €7.4 million1.83%
- Agribusiness and other: €8.3 million2.05%
- Good governance: €4.9 million1.21%
- Incusion and gender: €3.1 million0.77%
- Innovation and knowledge economy: €2.7 million0.67%
- Integration and trade: €0.4 million0.10%
€404.9million grant commitments in 2015863 Total projects in 2015
Select a focus area
Stories 2015
Infrastructure
Moldova
Moldova: Making the switch to sustainable lighting
The EBRD is helping Moldova’s capital Chisinau to switch from conventional street lighting to low-energy LED lights. The investment is also supported by the European Investment Bank and the Taiwanese International Cooperation and Development Fund.
Small Business
Albania
Building stronger SMEs in Albania
Few entrepreneurs can claim that they have contributed to building their own country. But the Rula brothers from Albania can. As founding owners of Europa Construction, which produces metal infrastructure used in tunnels, dams, sports arenas and industrial facilities, their work has become, quite literally, part of Albania’s landscape.
Financial Sector
Mongolia
Helping micro businesses with local currency lending
Gulmaira Akim owns one of the thousands of micro businesses in Mongolia that can improve their companies at zero foreign exchange risks with a loan in tugrik, the Mongolian currency.
Innovation and Economic Integration
Georgia
Supporting Georgia’s digital switchover
In 2015, we provided a €1.9 million loan to Georgian broadcast operator Stereo+, together with Georgia’s TBC Bank, to support the country’s switch from analogue to digital broadcasting. The European Union supports this transaction through a risk-sharing facility which underpins the establishment of Deep and Comprehensive Free Trade Area (DCFTA) with Georgia.
Good Governance
Ukraine
Ukraine’s Business Ombudsman leads fight against corruption
Ukraine is stepping up its efforts to combat corruption and improve its business environment. A central element of this campaign is the country’s Business Ombudsman Council. Launched in 2015, the Council is funded by the EBRD-Ukraine Stabilisation and Sustainable Growth Multi-Donor Account, which is supported by Denmark, Finland, France, Germany, Italy, Japan, the Netherlands, Poland, Sweden, Switzerland, the United Kingdom and the United States.
Inclusion and gender
Kosovo
Kosovo: marketing traditional treats
Lirije Kajtazi, owner of Rolleo – a Kosovan producer of biscuits – is a woman with great vision. Thanks to tailored advice and finance from the EBRD, her company is benefiting from improved marketing tools and will soon open a new factory. This project is part of the EBRD’s Women in Business programme in Kosovo funded by Luxembourg and Sweden.
Agribusiness
Kyrgyz Republic
Exporting Kyrgyz cakes
With donor funding from the United States, we helped Kulikovskiy Tort, a confectionery manufacturer in Kyrgyzstan, grow and expand. The project helped to improve the quality of their cakes and pastries, introduce new product lines, and facilitate an in-depth study of potential markets. These efforts led to the opening of stores internationally as well as a significant rise in export sales.
Sustainable Energy
Kyrgyz Republic
Toasting greener production in the Kyrgyz Republic
The EBRD has helped a big brewery in the Kyrgyz Republic modernise its premises and install cutting-edge, climate-friendly technology, thanks to our Finance and Technology Transfer Centre for Climate Change (FINTECC) Programme, which is funded by the Global Environment Facility.
Infrastructure
Bosnia and Herzegovina
Better roads and railways in Bosnia and Herzegovina
The EBRD, with the European Investment Bank and donor funds from the European Union, Canada, Italy, Japan and the US, is helping upgrade roads and railways in Bosnia and Herzegovina – to the benefit of businesses and country’s citizens, too.
Small Business
Armenia
Armenia: acquiring an international taste
With support from the European Union, we helped Karas, a nationwide food chain in Armenia, to work with an international adviser to introduce better human-resource processes, adopt international food standards and develop their business model.
Financial Sector
Jordan
Helping women join the workforce
We are working with the Jordanian Microfund for Women to provide finance for women entrepreneurs and encourage more to become active in Jordan's growing economy. This project was funded by the SEMED Multi Donor Account. Donors are: Australia, Finland, France, Germany, Italy, Netherlands, Norway, Sweden, Taipei China and the United Kingdom.
Innovation and Economic Integration
FYR Macedonia
Connecting Albanian and Macedonian energy markets
The EBRD is boosting the regional integration of energy markets in the Western Balkans with a loan of up to €37 million to Montenegrin electricity operator MEPSO to construct the first electricity interconnector between Albania and FYR Macedonia and improve the efficiency of the Macedonian grid.
Good Governance
Albania
Albania launches Investment Council
In April 2015, Albania launched its Investment Council, an institution with the goal of enhancing public-private dialogue and spurring concrete action to strengthen the business climate.
Inclusion and gender
Egypt
Egyptian glass: developing business at home and abroad
Pakinam Moustafa is the founder and owner of Paky Art de Verre, one of the leading designers and manufacturers of decorative glass in Egypt. She has grown her local business and is now set to export. Her company introduced a computerised management information system, developed a marketing plan and kick-started e-commerce. Business advice was provided through the Women in Business programme funded by the EBRD, the European Union, the Middle East and North Africa Transition Fund and the SEMED Multi-Donor Account.
Agribusiness
Montenegro
Montenegrin meat sector gets a boost
Domestic meat production in Montenegro has great potential on the local, regional and EU markets, yet it only accounts for 40 per cent of local consumption.
Sustainable Energy
Turkey
Istanbul: Secure and energy efficient housing
The EBRD, together with the Government of Turkey, the European Union and the Climate Investment Funds boost investment in energy efficiency improvements in Turkey’s housing sector and help residents reduce their energy bills and cut greenhouse gas emissions.
Infrastructure
Egypt
Upgrading public transport in Egypt
Millions of commuters in Cairo will benefit from a €100 million EBRD loan to the Egyptian National Authority for Tunnels to acquire 13 new trains for Line 2 of the Cairo Metro.
Small Business
Morocco
Moroccan juice producer conquers international market
With unique financing and business advice, the EBRD and the European Union have helped a Moroccan juice producer, Citruma, to expand its product range and open new markets.
Financial Sector
Regional
Supporting deposit insurance agencies
Ever since the crisis started in 2008-09, the EBRD has been on the frontline, seeking ways in which to strengthen financial institutions and the wider economy in our region. A concrete response is our activity to support local deposit insurance agencies.
Innovation and Economic Integration
Armenia
Boosting trade with new financing tools via Armenian banks
Factoring is a form of financing in which a business sells its accounts receivable to a bank, enabling the business to accelerate its turnover.
Good Governance
Jordan
Developing judicial capacity in commercial law in Jordan
The EBRD launched in 2015 a series of training sessions for judges in Jordan as part of an initiative to develop capacity in commercial law.
Inclusion and gender
Turkey
Creating employment opportunities for youth and women in Turkey
The EBRD supported Turkey’s leading automaker Tofaş with a €200 million syndicated loan in 2015 to support the design and production of two new passenger car models for export.
Agribusiness
Egypt
Egyptian olives: adopting international standards
Egyptian olive producer Special Foods International is adopting international standards for harvesting and processing its products to improve the quality, food safety and certification and boost sales abroad. Business advice was provided through the Women in Business programme funded by the EBRD, the European Union, the Middle East and North Africa Transition Fund and the SEMED Multi-Donor Account.
Sustainable Energy
Morocco
Wind power for Morocco
Renewable energy generation in Morocco has received a boost with an investment by the EBRD and Banque Marocaine du Commerce Extérieur (BMCE) plus a concessional loan of €10 million from the Climate Investment Fund’s Clean Technology Fund (CTF). This funding will enable the construction, operation and maintenance of the Khalladi wind farm, near Tangiers.
Infrastructure
Kazakhstan
Kazakhstan: turning the tide in water services
The Aral Sea is disappearing. Fishing communities have moved and stranded ships now dot the wide Central Asian steppe like a mirage. So it is all the more important that water is used efficiently. Together with the European Union, the EBRD is working to improve and renovate water supply systems in cities across Kazakhstan.
Small Business
Kazakhstan
Boosting business competitiveness in Kazakhstan
The EBRD helped a Kazakh ventilation manufacturer improve production and start exporting its products. This advisory work in Kazakhstan is currently funded by the government of Kazakhstan as a core donor, and by the United States and BG Kazakhstan.
Agribusiness
Egypt
Supporting sustainable dairy farming in Nile Delta
Egypt is the driest country on earth and with its growing population it is now more vital than ever to make the best use of available food resources. That’s why the EBRD teamed up with Egyptian dairy producer Juhayna and the EU to train local farmers and nurture the full potential of Egypt’s agriculture.