EBRD

Proud to extend partnership with HTEC, Serbia-founded AI-first engineering services & digital product development company. Our €60 million loan will support HTEC’s expansion through strategic acquisitions that will improve its positioning in key markets. HTEC exemplifies how digital innovation and strategic support can drive extraordinary growth. Once a Serbian start-up, the company now boasts a team of over 2,500 experts spanning North America and Europe. This remarkable transformation has been made possible, in part, through the committed support of the EBRD through ENEF and SME Advisory, under the EU’s Western Balkans Investment Framework, along with the expertise and guidance of the EBRD. https://lnkd.in/d4EQ3Nka

Our Alessandro Vittadini has been appointed as the new head of the Bank’s operations in Lebanon. Based in Beirut, Mr Vittadini assumed his new position on 14 July, succeeding Khalil Dinguizli. Our warmest congratulations to Alessandro! https://lnkd.in/dhKAECAJ

Ukraine’s priorities are the EBRD’s priorities – this was a strong message the EBRD delivered at the Ukraine Recovery Conference in Rome this week. We signed €400 million of new funding to support Ukraine’s businesses, its energy security and economic recovery, and strengthened our cooperation with Ukrainian partners and allies.   These commitments bring the total financing we’ve deployed in wartime Ukraine to €7.6 billion.   We continue to work with partners on boosting Ukraine’s resilience in the face of war, and laying the groundwork for its reconstruction, such as through the newly announced Ukraine FIRST fund, which we will administer together with the European Investment Bank (EIB) to accelerate the rebuilding of Ukraine’s infrastructure.   We plan to invest further once reconstruction begins. #URC2025

We’re putting people at the heart of Ukraine’s economic recovery. We’re proud to join major Ukrainian employers in signing the first-ever Human Capital Resilience Charter, developed in partnership with Ministry of Economy of Ukraine. Our President Odile Renaud-Basso signed the charter on behalf of the EBRD at the #URC2025 in Rome today, our commitment to delivering the human capital recovery and long-term resilience Ukraine needs—broadening employment and training opportunities for individuals, communities, and companies most affected by the war. As Ukraine rebuilds, its people — or human capital — is central to economic recovery. The charter offers practical, people-centred business practices to help employers across Ukraine address human capital challenges—supporting workforce reintegration, advancing skills development, and prioritising employee well-being. This will ensure we can embed equity, adaptability, and resilience into the country’s future. We encourage more businesses—large and small—to sign up and commit to a recovery that puts people first. W/ Yulia Svyrydenko

At #URC2025 in Rome we are enhancing our cooperation with the European Commission to support Ukraine’s economy, recovery, and resilience. Backed by new EU support totalling €540 million, we are scaling up efforts to boost SME lending, accelerate Ukraine's renewable energy transition, and support inclusive, sustainable growth across the country. These include: 🔹€315 million in EU-supported instruments under the Financial Inclusion Recovery Programme, expected to unlock up to €2 billion in SME lending 🔹€45 million in EU-backed financing for the Ukraine SME Recovery Programme, supporting €135 million in financing for small businesses 🔹€180 million in EU support for the Ukraine Renewable Energy Support Mechanism (URMM), laying the groundwork for 1 GW of new renewable capacity and up to €1.5 billion in potential investment. The EBRD is structuring and channelling donor funds to the URMM, with letters of intent signed with the European Commission and the Netherlands. Odile Renaud-Basso Marta Kos

We’re investing more and more in Ukraine’s cities. On the eve of the Ukraine Recovery Conference in Rome, we signed a €10 million loan to help the city of Lviv rehabilitate two wastewater treatment plants, supporting livelihoods in the city and delivering cross-border environmental benefits for the entire Baltic Sea, one of the most polluted seas in the world. Our loan is accompanied by a €6.5 million investment grant from the E5P Fund (the largest contributors include: the European Union, Sweden, Germany, Switzerland and Norway). The loan is partly guaranteed by Spain, and funded also with additional investment grants by Denmark with €12 million, from Impact Fund Denmark (formerly IFU), and Sweden with €3.7 million, from Sida. The Danish and Swedish contributions are managed by Nefco - the Nordic Green Bank. AT #URC, we will also be extending further support to the cities of Dnipro, Ternopil, and Kharkiv. Our financing will help maintain essential services in the cities.

Latest NPL Monitor: - Non-performing loan volumes in central, eastern and south-eastern Europe fell by 4.4% to €26 billion in 2024, - Average NPL ratio down to 1.9% – its lowest since global financial crisis – although supervisors warn of early signs of asset quality deterioration, - Market activity picked up in Greece, Poland, Romania and Türkiye, but investor appetite remains uneven. Read more: https://lnkd.in/dpEyptQR

We’re strengthening energy security in Moldova with a new €400 million loan to the country’s state-owned energy trader, Energocom. Our financing package will enable Moldova to purchase vital gas and electricity reserves from European markets, ensuring stable and reliable energy access for households and businesses. Since the start of the war on Ukraine, we’ve stepped up for Moldova, providing €500 million in financing to support electricity purchases from European suppliers and diversify the country’s energy supply, including a €34 million grant from Norway. This is part of our ongoing commitment to help Moldova build a secure, sustainable, and independent energy future. Read more: https://lnkd.in/ewWQ7rNP Ministry of Energy of Republic of Moldova Ministerul Finanțelor al Republicii Moldova Catarina Bjorlin Hansen

Our Jahan Shamsiev has been appointed Head of Mongolia. He will be based in the country’s capital, Ulaanbaatar, and is due to take up his duties on 1 September 2025. Jahan succeeds Hannes A. Takacs. Our warmest congratulations to Jahan! https://lnkd.in/dynwQgjR

This weekend, we proudly marched in the Pride in London Parade 2025, joining over 35,000 participants in one of the UK’s largest celebrations of the LGBTQ+ community. At the EBRD, we believe that diversity is the key to building a world where we can interact as equals and feel proud of our identities. Alongside our partners and allies, we continue to celebrate progress and stand for equality and respect.