IntroductionTirana Hotel - Operation of three-star hotel in Tirana. Property and tourism Private 1993 18,367 8,150 2,717 0 10,867 Albania Direct investment Coca-Cola Tirana - Establishment

IntroductionEBRD Investments 1991-2009.xls

EBRD investments 1991-2009

This spreadsheet details all of the projects signed by the EBRD since its establishment in 1991.Cancelled projects are not included.

The projects have been separated into the EBRD's 30* countries of operations:

InstructionsClick on the buttons above, or the tabs along the bottom of the spreadsheet, to view the projects signed in each country.

To sort the projects by sector or by year of signing, use the buttons at the top of each country page.Please note, these buttons will only function if you chose to "enable macros" when you opened the file in Excel.

A sheet containing all project data is supplied at the end of the spreadsheet. To review EBRD projects across countries,by sector or by year of signing, click on the buttons at the top of the "all countries" tab.

* As of 2007, the EBRD no longer makes new investments in the Czech Republic, but maintains a portfolio in the country.

Albania

Bosnia and Herzegovina

Armenia

Azerbaijan

Belarus

Bulgaria

Croatia

Czech Republic*

Estonia

FYR Macedonia

Krygyz Republic

Georgia

Hungary

Kazakhstan

Latvia

Lithuania

Moldova

Mongolia

Montenegro

Serbia

Poland

Romania

Russia

Slovak Republic

Slovenia

Tajikistan

Turkmenistan

Ukraine

Uzbekistan

Turkey

Introduction

All investments 1991- 2009EBRD Investments 1991-2009

Country Type of investment

Project name Sub project Description Sector Portfolio Class

Year of signing

Total project value

(€ 000)

EBRD loan (€

000)

EBRD equity (€ 000)

EBRD guarantee

(€ 000)

Total EBRD finance (€ 000)

Albania Direct investment

Banca Italo Albanese - Establishment of joint-venture bank with Banca di Roma and National Commercial Bank of Albania.

Bank equity Private 1994 37,594 15,329 15,329 0 30,658


Albanian Telecom - Modernisation and expansion of telecommunications network.

Telecoms, informatics and media

State 1992 38,045 6,823 0 0 6,823


Drin River cascade rehabilitation

- Upgrade of main hydro power plants Power and energy

State 1994 34,165 1,445 0 0 1,445


Hotel Rogner - Construction of three-star hotel in Tirana. Property and tourism

Private 1994 24,237 8,122 2,030 0 10,152


Tirana Hotel - Operation of three-star hotel in Tirana. Property and tourism

Private 1993 18,367 8,150 2,717 0 10,867


Coca-Cola Tirana - Establishment of first local soft drink producer and bottling plant.

Agribusiness Private 1993 9,551 2,824 0 0 2,824


Power transmission and distribution project

- Upgrade of power transmission and distribution systems.

Power and energy

State 1995 80,880 100 0 0 100


ProCredit Bank Albania (formerly FEFAD Bank)

- Financing for micro and small enterprises. Small business finance

Private 1999 4,758 0 1,077 0 1,077


National Commercial Bank - Restructuring of commercial bank’s operations and strengthening of capital base.

Bank equity Private 2000 7,880 0 2,332 0 2,332


SME recovery credit line Banca Italo-Albanese Credit line to assist small and medium-sized enterprises.

Bank lending Private 1998 1,004 1,004 0 0 1,004

All investments 1991- 2009




Year of signing

Total project value

(€ 000)

EBRD loan (€

000)


EBRD guarantee

(€ 000)



Albania power sector reconstruction

- Modernisation of main hydro power plants, transmission and distribution networks.

Power and energy

State 1999 63,042 29,842 0 0 29,842


Albania power distribution rehabilitation

- Upgrade of power transmission, distribution systems and substations.

Power and energy

State 2002 190,293 23,890 0 0 23,890


Road rehabilitation project - Emergency improvements to 30 km section of road between Elbasan and Librazhd.

Transport State 2002 24,873 16,987 0 0 16,987


INSIG - Pre-privatisation equity investment in leading insurance provider.

Insurance and financial services

Private 2003 13,193 2,157 2,157 0 4,313


Vodafone Albania - Expansion of GSM mobile network. Telecoms, informatics and media

Private 2003 72,500 24,706 0 0 24,706


Fushe Kruje cement factory - Installation of new cement production line. Manufacturing and services

Private 2004 101,017 20,806 0 0 20,806


Vlore thermal power plant - Construction of oil-fuelled thermal power station. Power and energy

State 2004 104,071 40,000 0 0 40,000


Tirana Airport Privatisation Project

- Upgrading of facilities at the airport. Transport Private 2005 78,299 31,600 0 0 31,600


Fier-Tepelene road rehabilitation project

- Upgrading and construction of the road from Fier to Tepelene.

Transport State 2005 109,000 35,000 0 0 35,000


Morpack Albania - Construction of a food packaging plant. Agribusiness Private 2005 5,500 2,500 0 0 2,500





Year of signing

Total project value

(€ 000)

EBRD loan (€

000)


EBRD guarantee

(€ 000)


Albania Regional investment

Southeast Europe Equity Fund II

- Equity fund investing in private funds in south-eastern Europe.

Equity funds Private 2005 1,812 0 1,812 0 1,812


Durres port - Loan to finance a ferry terminal and related infrastructure at the port of Durres.

Transport State 2007 40,000 14,000 0 0 14,000


Western Balkans Local Enterprise Facility

Union Bank of Tirana Equity investment to strengthen Albanian bank’s expansion and lending activities.



Power transmission substations upgrade

- Upgrading of six transmission substations crucial to Albania’s energy transmission system.

Power and energy

State 2006 38,290 16,000 0 0 16,000


Tirana municipal transport - Comprehensive upgrade of roads in Tirana. Municipal and environmental infrastructure

State 2006 14,600 14,600 0 0 14,600


European Fund for Southeast Europe

- Privately managed public/private investment fund which will provide financing for micro, small and medium-sized businesses as well as housing andrural finance in south-eastern Europe.

Small business finance

Private 2006 2,000 0 2,000 0 2,000


Euromax - Construction and operation of five supermarkets. Agribusiness Private 2006 15,049 6,039 1,510 0 7,549


Balkan Accession Fund - Finance provided to a private equity fund investing in medium-sized businesses.



Levan-Vlore road - Loan to upgrade the road from Levan to Vlore. Transport State 2007 60,200 22,000 0 0 22,000



BI-Invest Establishment of a greenfield concrete productionplant in Lushnje, Albania.

Manufacturing and services

Private 2007 1,000 0 700 0 700





Year of signing

Total project value

(€ 000)

EBRD loan (€

000)


EBRD guarantee

(€ 000)



Antea Cement - Debt and equity financing for construction and operation of a new plant.


Private 2008 210,307 19,600 9,800 0 29,400


Albanian Telecom - Investment to modernise telecommunications services across the country.


Private 2008 100,000 30,000 0 0 30,000



Agrotal Establishment of an olive oil production plant. Agribusiness Private 2007 1,000 0 500 0 500


Albania Reconstruction Equity Fund (AREF)

- Modernisation, expansion, restructuring and development of small and medium-sized enterprises.



EnerCap - Private equity fund dedicated to investing in renewable energy and energy efficiency projects in central and south-eastern Europe.

Power and energy

Private 2007 5,000 0 1,250 0 1,250


Westdeutsche Allgemeine Zeitung

- Equity investment for development and expansion of WAZ Media Group into new markets across central and eastern Europe and the CIS.


Private 2008 12,900 0 6,000 0 6,000


ViaOne - Equity investment to support the commercial launch and development of ViaOne Europa Holding's software platforms.


Private 2008 847 0 500 0 500



Tirex Resources The EBRD's first investment in Albania’s mining sector.

Natural Resources

Private 2008 6,134 6,134 0 0 6,134


CEE Special Situations Fund CRG Capital Investment in an equity fund managed by CRG Partners targeting distressed and under-performing companies.

Equity funds Private 2009 200 0 200 0 200


Western Balkans and Croatia Financing Framework

Intesa SanPaolo Capital increase in American Bank of Albania, subsidiary of Intesa SanPaolo Albania.






Year of signing

Total project value

(€ 000)

EBRD loan (€

000)


EBRD guarantee

(€ 000)




Beba Equity investment to support the new recycled-paper production line and to establish wastepaperrecycling networks throughout Albania.


Private 2008 2,000 0 1,400 0 1,400


Patos Marinza oilfield - Financing to support the development of the Patos Marinza oilfield.

Natural Resources

Private 2009 91,874 21,334 7,111 0 28,445


East Gate - Tirana Shopping Mall

- Long-term debt facility for the construction of a Western-standard shopping mall in the outskirts of Tirana.

Property and tourism

Private 2009 54,999 24,000 0 0 24,000


European Fund for SouthEast Europe II

- Support to financial institutions for on-lending to MSMEs, as well as for housing and rural finance.


Private 2009 11,550 0 1,650 0 1,650


Southeast Europe Energy Efficiency Fund (SE4F)

- Financing for energy efficiency projects through local financial institutions.


Private 2009 9,488 0 2,500 0 2,500



Union Bank Credit line for on-lending to small and medium-sized enterprises.


Armenia Direct investment

Hrasdan thermal power plant (Unit 5)

- Construction and privatisation of power generating unit at the Hrasdan thermal power plant (Unit No 5).

Power and energy

State 1993 62,243 40,050 0 0 40,050

Armenia Regional investment

First NIS Regional Fund - Equity fund investing in companies in the New Independent States (NIS).



Yerevan (Zvartnots) air cargo terminal

- Improvement of ground facilities and air cargo handling services.

Transport State 1994 18,336 14,868 0 0 14,868


MBA loan project - Financial support for students undertaking MBA degrees at top-tier business schools.

Bank lending Private 1995 341 109 0 82 190





Year of signing

Total project value

(€ 000)

EBRD loan (€

000)


EBRD guarantee

(€ 000)



Armenia wholesale market - Development of modern wholesale market distribution network for fresh food products.

Agribusiness State 1995 2,209 524 0 0 524


MBA loan project - Financial support for students undertaking MBA degrees at top-tier business schools.



Armenia Multi-bank Framework Agricultural Cooperative Bank Armenia

Financing for small and medium-sized enterprises.



IBSB - Equity investment in medium-sized local enterprises and facilitation of foreign direct investment in the region.



Yerevan Brandy Company - Provision of permanent working capital and development of export markets.



Armenia Multi-bank Framework Armeconombank Financing for small and medium-sized enterprises.



Armenia Multi-bank Framework Anelik Bank Financing for small and medium-sized enterprises.



Armenian copper programme - Improvements to copper smelter’s production capacity.


Private 2002 5,826 3,121 0 0 3,121


Armeconombank - Equity investment to expand lending facilities. Bank equity Private 2004 1,420 0 904 0 904


Regional Trade Facilitation Programme

Armeconombank Support for foreign trade. Bank lending Private 2002 206 103 0 103 206





Year of signing

Total project value

(€ 000)

EBRD loan (€

000)


EBRD guarantee

(€ 000)



Direct Investment Facility SHEN concern Expansion of producer of construction materials. Manufacturing and services

Private 2004 1,250 0 1,250 0 1,250



Agricultural Cooperative Bank Armenia

Support for foreign trade. Bank lending Private 2004 1,200 0 0 1,200 1,200


Armenian Renewable Energy Programme

- Long-term loan to Cascade Credit to promote competitive and viable renewable energy projects.

Power and energy

Private 2006 10,402 4,466 0 0 4,466


Armenia Multi-bank Framework Armeconombank Financing for small and medium-sized enterprises.



SME credit line Anelik Bank Credit line for on-lending to small and medium-sized businesses.



Direct Investment Facility Liqvor Investment in a pharmaceuticals manufacturer. Manufacturing and services

Private 2005 2,431 302 603 0 905


Direct Lending Facility Deno Gold Gold mining project. Natural Resources

Private 2005 3,121 3,121 0 0 3,121


Armenia Multi-bank Framework Inecobank Financing for small and medium-sized enterprises.


Private 2005 694 694 0 0 694


Armenia Multi-bank Framework Agricultural Cooperative Bank Armenia

Financing for small and medium-sized enterprises.


Private 2005 2,081 2,081 0 0 2,081



Inecobank Support for foreign trade. Bank lending Private 2005 320 160 0 160 320





Year of signing

Total project value

(€ 000)

EBRD loan (€

000)


EBRD guarantee

(€ 000)



Direct Investment Facility Cascade Insurance and Reinsurance Company

Equity investment in an insurance company. Insurance and financial services

Private 2005 1,170 0 827 0 827


Medium-sized Loan Co-financing Facility


Loan for on-lending to local private companies. Bank lending Private 2005 379 379 0 0 379


Direct Lending Facility Bazenc Investment in small hydropower project. Power and energy

Private 2005 1,100 1,100 0 0 1,100


Direct Investment Facility Hytex Plastic Expansion of plastic container manufacturer. Manufacturing and services

Private 2005 2,153 1,435 718 0 2,153


Armenia International Airport - Construction of a new passenger terminal and purchase of new terminal equipment.

Transport Private 2006 43,862 14,116 0 0 14,116


Direct Investment Facility Tamara Fruit Equity investment in a local fruit company. Agribusiness Private 2006 1,036 518 518 0 1,036



Armeconombank Loan for on-lending to local private companies. Bank lending Private 2005 1,734 1,578 0 0 1,578


Armenia MSE Financing Facility

Anelik Bank SME credit line III

Credit line for on-lending to small and medium-sized businesses.



Armenia Multi-bank FrameworkII

Inecobank Credit line for on-lending to micro and small businesses.


Private 2006 3,468 3,468 0 0 3,468


Armeconombank Mortgage Facility

- Credit facility for on-lending as long-term loans. Bank lending Private 2006 1,387 1,387 0 0 1,387





Year of signing

Total project value

(€ 000)

EBRD loan (€

000)


EBRD guarantee

(€ 000)



Medium-sized Loan Co-Financing Facility


Credit line for on-lending to medium-sized businesses.

Agribusiness Private 2006 233 117 0 0 117


Direct Investment Facility Star Group Investment in a supermarket chain, for acquisitionand development of four additional stores.

Agribusiness Private 2006 7,984 1,442 5,766 0 7,208




Credit line for on-lending to medium-sized businesses.



Lake Sevan - Upgrade of two waste-water treatment plants and construction of a further three.

Municipal and environmental infrastructure

State 2007 12,000 7,000 0 0 7,000



Armeconombank Credit line for on-lending to medium-sized businesses.




Anelik Bank Loan to Anelik Bank to expand its lending activities.




Agricultural Cooperative Bank of Armenia

Loan to MavaTerm for design, installation and service of heating and ventilation systems.


Private 2007 126 126 0 0 126


Brasseries International Holdings

- Reconstruction and development of breweries across the Caucasus.




Armeconombank Credit line for on-lending to medium-sized businesses.


Private 2006 139 139 0 0 139


Direct Investment Facility Natfood/Biella Investments in primarily small and medium-sized private sector enterprises.

Agribusiness Private 2008 3,435 0 3,435 0 3,435





Year of signing

Total project value

(€ 000)

EBRD loan (€

000)


EBRD guarantee

(€ 000)




Armeconombank Renovation and construction of a second wing at the Nairi Medical Centre


Private 2007 416 416 0 0 416



Armeconombank Credit line to Armeconombank for on lending to small and medium-sized enterprises.


Private 2007 2,081 2,081 0 0 2,081



Anelik Bank Credit line to Anelik Bank. Small business finance

Private 2007 5,000 5,000 0 0 5,000


ProCredit Bank Armenia - Establishment of a dedicated microfinance bank in Armenia.


Private 2007 2,144 0 2,144 0 2,144


ProCredit Bank Armenia - Support for the development of micro and small-sized enterprises.


Private 2008 4,855 1,387 0 0 1,387


Azerbaijan Multi-bank Framework II


Loan for on-lending to local enterprises in rural areas.


Private 2007 8,322 4,161 0 0 4,161



Cascade Bank Loan to local banks to provide further support to small and medium-sized enterprises.




Armeconombank Loan to Shant, an Armenian TV and radio broadcaster.


Private 2007 381 381 0 0 381


Meinl Caucasus and Central Asia

- Finance for the development of high-quality, international standard retail and mixed-use properties in Caucasus and Central Asia.


Private 2007 168,728 0 59,063 0 59,063


Artyk - Loan to support the financing of a multi-purpose complex construction in the city of Yerevan.


Private 2008 38,915 13,871 0 0 13,871





Year of signing

Total project value

(€ 000)

EBRD loan (€

000)


EBRD guarantee

(€ 000)



Armenia Multi Bank Framework II

Inecobank Credit line to Inecobank for onlending to SMEs. Bank lending Private 2007 3,468 3,468 0 0 3,468


Byblos Bank Armenia - Equity investment in BBA (formerly International Trade Bank).



Direct Investment Facility Alpha Pharma Equity stake enabling a leading pharmaceutical wholesaler to expand its network.


Private 2007 4,400 0 4,400 0 4,400


Armenia Multi-bank Framework Araratbank Credit line to Araratbank for onlending to MSMEs.Small business finance

Private 2007 3,468 3,468 0 0 3,468


Direct Lending Facility Shen Concern Expanding the production of paints and lacquers, and beginning production of new materials such as gypsum and masonry products.


Private 2007 3,537 3,537 0 0 3,537


Armenia Multi-Bank Framework II

Converse Bank Financing programme for small and medium-sized enterprises.


Private 2008 6,935 3,468 0 0 3,468



Armeconombank Syndicated loan to Armeconombank for expansion of its activities.





Credit line to ACBA for on-lending to small and medium-sized enterprises.


Private 2007 13,871 4,855 0 0 4,855


Medium-Sized Loan Co-financing Facility

Anelik Bank Helping Arzni, a water and soft drinks producer, to buy an automated PET bottling line.



Electricity Networks of Armenia - Financing to upgrade electricity distribution network.

Power and energy

Private 2009 74,762 42,000 0 0 42,000





Year of signing

Total project value

(€ 000)

EBRD loan (€

000)


EBRD guarantee

(€ 000)



ACBA Credit Agricole Bank - Senior loan to assist lending activities to farmers and private sector Armenian entrepreneurs, particularly outside of the capital.


Private 2008 12,484 6,242 0 0 6,242



- Loan for mortgage lending and energy efficiency lending, and leasing.


Private 2008 6,935 1,734 0 0 1,734



Leasing Credit line for on-lending to small and medium-sized enterprises.


Private 2008 5,548 5,548 0 0 5,548



Anelik Bank Help for Yerevan Beer to buy new equipment for a glass bottling line.



AraratBank - Acquisition of an equity stake in Araratbank, to support its plans for further expansion.



Armenia International Airport Phase II

- Financing for a new passenger terminal and related equipment.

Transport Private 2009 119,981 27,741 0 0 27,741



Armeconombank Expansion of ironing and dry cleaning services at Selena Service.


Private 2008 225 225 0 0 225


Direct Lending Facility Northern Ray Elite Holding Loan for the construction of a new residential and commercial complex in the Armenian capital Yerevan.


Private 2009 3,814 3,814 0 0 3,814



Armeconombank Daroink Facilitate the financing of Armenian medium-sized enterprises.




ProCredit Bank Armenia Financing programme for small and medium-sized enterprises.


Private 2008 128 0 128 0 128





Year of signing

Total project value

(€ 000)

EBRD loan (€

000)


EBRD guarantee

(€ 000)



Direct Lending Facility Saranist/Armglass A loan to a glass bottle and jar producer, to help increase production capacity and diversify its product range.




Armeconombank Extension of the existing MCFF loan to Shant for the purchase of new premises.


Private 2009 156 156 0 0 156


Direct Lending Facility Brasseries International Holdings

Support for Kotayk to develop its brewing business in Armenia.



Direct Lending Facility Star Financing of existing supermarket operations. Agribusiness Private 2009 2,427 2,427 0 0 2,427


Medium-sized Loan Cofinancing Facility

Anelik Armenia Glass Finance to help with expansion at a stained glass manufacturer.


Azerbaijan Regional investment

First NIS Regional Fund - Equity fund investing in companies in the New Independent States (NIS).


Azerbaijan Direct investment

Air navigation system upgrade - Procurement of new air navigation equipment andreconstruction of international passenger terminal.

Transport State 1996 10,819 9,501 0 0 9,501


Baku water rehabilitation - Improvement of water supply, quality and reliability in Baku.


State 1995 79,038 15,758 0 0 15,758


Silk Road - Reconstruction of 85 km section of Hajigabul-Kyurdamir road.

Transport State 2004 33,012 28,435 0 0 28,435


Yenikend renewable energy - Construction of hydro power station. Power and energy

State 1994 52,063 36,924 0 0 36,924





Year of signing

Total project value

(€ 000)

EBRD loan (€

000)


EBRD guarantee

(€ 000)



Mingechaur Power - Replacement of generators at hydro power plant, reconstruction of high-voltage power transmissionline and installation of substation.

Power and energy

State 1997 33,487 14,991 0 0 14,991


AIG Silk Road Fund - Financing for small and medium-sized private sector enterprises and joint ventures operating in Russia and Central Asia.



Baku port development - Modernisation of ferry terminal. Transport State 1999 4,361 112 0 0 112


Trans-Caucasian rail link - Improvement of Azeri section of the Trans-Caucasian rail link.

Transport State 1999 25,995 14,009 0 0 14,009


Azerbaijan Multi-bank Framework

Azerdemiryolbank Financing for small and medium-sized enterprises and development of banking sector.




International Bank of Azerbaijan

Financing for small and medium-sized enterprises and development of banking sector.



Direct Investment Facility Silk Road Motel, Garadak Construction of three-star hotel adjacent to the oilfields, servicing business travellers.


Private 1999 4,722 0 1,758 0 1,758


Chirag early oil project Amoco Caspian Sea Finance Ltd

Expansion of crude oil production and export markets.

Natural Resources

Private 1998 402,134 22,768 0 0 22,768


Chirag early oil project Lukoil Overseas Expansion of crude oil production and export markets.

Natural Resources

Private 1998 236,580 13,385 0 0 13,385


Chirag early oil project Turkish Petroleum Expansion of crude oil production and export markets.

Natural Resources

Private 1998 159,425 9,037 0 0 9,037





Year of signing

Total project value

(€ 000)

EBRD loan (€

000)


EBRD guarantee

(€ 000)



Chirag early oil project Unocal Finance Ltd Expansion of crude oil production and export markets.

Natural Resources

Private 1998 237,805 13,454 0 0 13,454


Chirag early oil project Early Oil Finance Co Expansion of crude oil production and export markets.

Natural Resources

Private 1998 188,868 10,708 0 0 10,708


Frontera Resources - Commercial development of Kursangi and Karabagli oilfields in Azerbaijan.

Natural Resources

Private 2000 197,972 9,016 0 0 9,016


Nations Azerbaijan (formerly Moncrief Azerbaijan Oil Company)

- Development of onshore oilfields. Natural Resources

Private 2000 66,677 27,581 13,790 0 41,371


Azerbaijan Microfinance Bank (AMB)

- Financing for micro and small enterprises. Small business finance

Private 2002 7,309 3,139 1,569 0 4,708


Baring Vostok Private Equity Fund

- Direct equity investment in medium-sized companies.



SOCAR Shah Deniz gas condensate field

Development of Shah Deniz gas condensate field.

Natural Resources

State 2004 384,978 26,701 0 0 26,701


Baku-Tbilisi-Ceyhan pipeline - Construction of oil pipeline from Azerbaijan to Turkey.

Natural Resources

Private 2004 1,799,362 43,346 0 0 43,346


Azdres Power Plant Rehabilitation

- Modernisation of power plant supplying the majority of energy consumed in Azerbaijan.

Power and energy

State 2006 167,834 143,561 0 0 143,561



Unibank Financing for small and medium-sized enterprises and development of banking sector.






Year of signing

Total project value

(€ 000)

EBRD loan (€

000)


EBRD guarantee

(€ 000)



SOCAR South Caucasus Gas Pipeline

Financing for 690 km gas pipeline from the Shah Deniz field in Azerbaijan to the Turkish-Georgian border.

Natural Resources

State 2004 48,833 8,648 0 0 8,648


Landmark I (Neptun) - Refurbishment and acquisition of office development.


Private 2003 4,300 2,150 0 0 2,150



Unibank Support for foreign trade. Bank lending Private 2002 504 252 0 252 504



Azerdemiryolbank Support for foreign trade. Bank lending Private 2002 531 266 0 266 531


Unibank - Equity investment in Azerbaijan's largest private bank.

Bank equity Private 2003 877 0 877 0 877



Azerigazbank Support for foreign trade. Bank lending Private 2003 5,738 2,869 0 2,869 5,738



Bank of Baku Credit lines to Bank of Baku for on-lending to small and medium-sized businesses.



Baku to Samur road - Upgrading of a 60 km section of road from Sumgait to Zarat.

Transport State 2005 76,095 69,353 0 0 69,353



Bank of Baku Support for foreign trade. Bank lending Private 2006 1,685 842 0 842 1,685


Landmark II (Libra) - Refurbishment and acquisition of office development.


Private 2003 2,774 1,387 0 0 1,387





Year of signing

Total project value

(€ 000)

EBRD loan (€

000)


EBRD guarantee

(€ 000)



ACG Phase 1 Amerada Hess Development of oil and gas facilities in the Caspian Sea by Amerada Hess.

Natural Resources

Private 2004 4,882 1,165 0 0 1,165


ACG Phase 1 Amoco Caspian Sea Finance Ltd

Development of oil and gas facilities in the Caspian Sea by Amoco Caspian Sea Finance Limited.

Natural Resources

Private 2004 29,060 6,935 0 0 6,935


ACG Phase 1 Statoil Apsheron Finance A/S

Development of oil and gas facilities in the Caspian Sea by Statoil Apsheron.

Natural Resources

Private 2004 15,934 1,734 0 0 1,734


ACG Phase 1 Unocal Finance Ltd Development of oil and gas facilities in the Caspian Sea by Unocal Khazar.

Natural Resources

Private 2004 27,741 6,935 0 0 6,935


MBASK Insurance Company - Strengthening of capital base and development ofinfrastructure, sales network and product range.


Private 2005 1,229 0 970 0 970



Respublika Bank Credit lines to Respublika Bank for on-lending to small and medium-sized businesses.




Azerdemiryolbank Credit lines to Azerdemiryolbank for on-lending tosmall and medium-sized businesses.




Azerigazbank Credit lines to Azerigazbank for on-lending to small and medium-sized businesses.



Milk-Pro - Construction of new dairy processing plant in Baku and modernisation of plant in Goychay.



Unibank - Loan to enable access to international markets to raise medium-term financing for on-lending to local private enterprises.






Year of signing

Total project value

(€ 000)

EBRD loan (€

000)


EBRD guarantee

(€ 000)




Bank Respublika Support for foreign trade. Bank lending Private 2004 4,911 2,455 0 2,455 4,911


Lukoil Overseas Shah Deniz gas condensate field development

Development of the off-shore Shah Deniz gas and gas condensate field.

Natural Resources

Private 2005 192,108 76,288 0 0 76,288


Lukoil Overseas South Caucasus Gas Pipeline

Completion of pipeline in Azerbaijan and Georgia Natural Resources

Private 2005 43,845 28,157 0 0 28,157



Bank of Baku Financing for small and medium-sized enterprises.



Garadagh Cement - Equity investment. Manufacturing and services

Private 2006 9,817 0 7,528 0 7,528



AccessBank Support for foreign trade. Bank lending Private 2005 244 0 0 244 244


Azerdemiryolbank bank - Equity investment in private joint-stock bank. Bank equity Private 2005 3,709 0 3,709 0 3,709



Bank Respublika Financing for small and medium-sized enterprises.




Azerigazbank Financing for small and medium-sized enterprises.



ETC Non-bank MFI Framework II

FINCA (Azerbaijan) Credit line to increase financing available to the smallest enterprises through on-lending.


Private 2006 2,081 1,734 0 0 1,734





Year of signing

Total project value

(€ 000)

EBRD loan (€

000)


EBRD guarantee

(€ 000)




Azerdemiryolbank Financing for small and medium-sized enterprises.


Private 2005 694 694 0 0 694



Bank Respublika Financing for small and medium-sized enterprises.


Private 2005 1,387 1,387 0 0 1,387



Unibank Financing for small and medium-sized enterprises.


Private 2005 1,387 1,387 0 0 1,387


ETC Non-bank MFI Framework

CredAgro Credit line to increase financing available to the smallest enterprises through on-lending.


Private 2006 694 520 0 0 520


Unibank - Loan to provide Unibank with access to international markets.




Bank of Baku (III) Credit line for on-lending to small and medium-sized businesses.


Private 2006 3,121 3,121 0 0 3,121



Mugan Bank II Credit line for on-lending to micro, small and medium-sized businesses.


Private 2007 2,774 2,774 0 0 2,774



Azerigazbank Credit line for on-lending to small and medium-sized businesses.


Private 2006 1,387 1,387 0 0 1,387


ETC Non-bank MFI Framework

Shore Overseas Loan for on-lending to micro and small enterprises.


Private 2007 1,387 1,387 0 0 1,387


Direct Lending Facility Aqua Vita Finance provided to locally owned mineral water producer, Aqua Vita.






Year of signing

Total project value

(€ 000)

EBRD loan (€

000)


EBRD guarantee

(€ 000)




Unibank (II) Credit line for on-lending to small and medium-sized businesses.


Private 2006 1,387 1,387 0 0 1,387



Bank Respublika (III) Credit line for on-lending to small and medium-sized businesses.




Azerdemiryolbank (III) Credit line for on-lending to small and medium-sized businesses.


Private 2006 3,468 3,468 0 0 3,468


Unileasing (Equity) - Equity investment in an Azeri leasing company. Insurance and financial services

Private 2007 520 0 520 0 520



Rabitabank Credit line for on-lending to small and medium-sized businesses.


Private 2006 971 832 0 0 832



Bank Respublika Credit line for on-lending to medium-sized businesses.




Azerdemiryolbank Loan to Azerdemiryolbank to expand its lending activities.




Mugan Bank Credit line for on-lending to small and medium-sized businesses.


Private 2006 1,387 1,387 0 0 1,387



Nikoil Bank Credit line for on-lending to micro, small and medium-sized businesses.


Private 2007 1,387 1,387 0 0 1,387


Microfinance Bank Azerbaijan Equity Equity investment in the largest provider of financial services to micro and small businesses in Azerbaijan.


Private 2006 2,268 0 2,268 0 2,268





Year of signing

Total project value

(€ 000)

EBRD loan (€

000)


EBRD guarantee

(€ 000)




Mugan Bank Support for foreign trade. Bank lending Private 2006 2,074 0 0 2,074 2,074



Vision Fund AzerCredit Financing for micro and small enterprises and to assist the non-bank microfinance institutions in their commercialisation process.


Private 2008 1,387 1,387 0 0 1,387



Bank of Baku Loan to Baku electronics for construction of a warehouse, showroom and administrative building.


Private 2007 2,774 1,387 0 0 1,387



Bank of Baku Loan to Avrora to help with the acquisition of new equipment for the production of biscuits.




Bank of Baku Credit line for on-lending to medium-sized businesses.




Azerigazbank IV Credit line for on-lending to micro, small and medium-sized businesses.


Private 2007 4,161 4,161 0 0 4,161



Credagro Credit line to increase financing available to the smallest enterprises through on-lending.


Private 2007 2,081 1,838 0 0 1,838


Bank Respublika - Loan to help the bank's expansion and development programme.




Bank of Baku Credit line for on-lending to micro, small and medium-sized businesses.


Private 2007 2,081 1,387 0 0 1,387



Bank Respublika IV Credit line for on-lending to micro, small and medium-sized businesses.


Private 2007 3,468 2,081 0 0 2,081





Year of signing

Total project value

(€ 000)

EBRD loan (€

000)


EBRD guarantee

(€ 000)



Unibank - Equity investment in Unibank Bank equity Private 2007 7,621 0 4,685 0 4,685


Unibank III - Third syndicated loan to Unibank. Bank lending Private 2007 24,274 6,068 0 0 6,068


Unileasing - Loan to Unileasing, an Azeri leasing company. Insurance and financial services

Private 2007 2,081 2,081 0 0 2,081



Unibank Loan to Caspian supplies to finance construction of a production hall and warehouse, as well as working capital financing.


Private 2007 1,248 416 0 0 416



Bank Respublika Finance to help Veysaloglu Yayichili Gardashlari purchase new confectionery production equipment.




Norwegian Microcredit Investment to increase financing for micro and small enterprises in the ETC and to assist the non-bank microfinance institutions.


Private 2008 694 694 0 0 694



Azerdemiryolbank Loan to SABA, an Azeri ice cream producer, to help construct new premises and purchase new refrigerated delivery vehicles.



Azer-Yod II - Loan to support the expansion of an Azeri iodine producer.


Private 2008 12,346 10,403 0 0 10,403



Azerdemiryolbank Loan to expand the bank's lending activities. Transport Private 2008 4,855 2,427 0 0 2,427


Aureos Central Asia Fund - Equity investment to support medium-sized enterprises in Azerbaijan, Central Asia and Georgia.






Year of signing

Total project value

(€ 000)

EBRD loan (€

000)


EBRD guarantee

(€ 000)



Azeri Financial Sector Framework

Azerigazbank Support to local banks for various on-lending facilities.


Private 2008 5,548 5,548 0 0 5,548


AccessBank - Syndicated loan for on-lending to micro and smallenterprises.


Private 2008 22,886 6,935 0 0 6,935



Bank of Baku Finance for the completion of Atlant's new hotel innorthern Azerbaijan and the purchase of additional equipment.


Private 2008 1,907 347 0 0 347


Garadagh expansion - Financing for the expansion of cement and clinkerproduction facilities.


Private 2009 360,000 120,000 0 0 120,000



Azerdemiryolbank IV Financing for small and medium-sized enterprises.


Private 2008 9,709 9,709 0 0 9,709



Bank Respublika Mortgage Finance for on-lending to residential customers. Bank lending Private 2008 6,935 2,774 0 0 2,774



MuganBank III Short and long-term funding to small and mediumsized Azeri enterprises.


Private 2008 3,468 3,468 0 0 3,468



Bank of Baku Credit line for on-lending to medium-sized businesses.


Private 2008 832 347 0 0 347



Azerigazbank On-lending to small and medium-sized businesses.



ETC Non-bank Microfinance Institution Framework III

Finance for Development Credit line for on-lending to micro and small enterprises.


Private 2009 694 694 0 0 694





Year of signing

Total project value

(€ 000)

EBRD loan (€

000)


EBRD guarantee

(€ 000)




Bank Respublika MSME V Credit line for on-lending to micro, small and medium-sized enterprises.


Private 2009 4,161 2,081 0 0 2,081


Unibank - Financing to create a foundation for the growth of one of Azerbaijan’s leading independent commercial banks.



Azerbaijan Financial Sector Framework

Demir Bank Loan for on-lending to micro, small and medium-sized enterprises.


Private 2009 9,016 4,161 0 0 4,161


Azerbaijan Financial Sector Framework

AccessBank Loan for on-lending to micro and small enterprises.


Private 2009 6,935 3,468 0 0 3,468



MuganBank IV Short and long-term funding to small and mediumsized Azeri enterprises.


Private 2009 1,387 1,387 0 0 1,387

Belarus Direct investment

Minsk wholesale market - Development of modern fruit and vegetable wholesale market complex.

Agribusiness State 1993 7,362 4,237 0 0 4,237


Brest-Minsk-Russian border highway improvement

- Repair and upgrade of highway linking Minsk to Moscow, Warsaw and Berlin.

Transport State 1994 87,067 39,468 0 0 39,468


Orsha Power Plant modernisation

- Construction of combined-cycle heat and power plant.

Power and energy

State 1993 28,903 28,903 0 0 28,903


Belarus Telecom - Development of international and national transit exchange, digital overlay network, optical fibre cable links and data and telex transmission.


State 1992 26,899 26,899 0 0 26,899


SME credit line - Credit line to assist small and medium-sized enterprises.






Year of signing

Total project value

(€ 000)

EBRD loan (€

000)


EBRD guarantee

(€ 000)



Priorbank - Equity investment in commercial bank. Bank equity Private 1998 2,608 0 2,608 0 2,608


Direct Investment Facility Milavitsa Equity investment in ladies’ underwear manufacturer.


Private 2000 2,329 0 1,010 0 1,010



Priorbank Support for foreign trade. Bank lending Private 2000 1,023 512 0 512 1,023



Belgazprombank Support for foreign trade. Bank lending Private 2004 6,018 3,009 0 3,009 6,018


Priorbank syndication - Extension of short and medium-term loans to private sector clients.



Priorbank syndicated mortgageline

- Mortgage credit line. Bank lending Private 2005 17,338 10,403 0 0 10,403


Olivaria - Modernisation and expansion of brewery. Agribusiness Private 2005 17,148 9,351 4,676 0 14,027


Belarus MSE Framework Belgazprombank Credit line to Belgazprombank for on-lending to micro and small businesses.


Private 2004 4,161 4,161 0 0 4,161


SME credit line Priorbank Credit line for on-lending to small and medium-sized businesses.



Belarus MSE Financing Facility MinskTransit Bank Credit line for on-lending to micro and small businesses.


Private 2007 2,774 2,774 0 0 2,774





Year of signing

Total project value

(€ 000)

EBRD loan (€

000)


EBRD guarantee

(€ 000)



Belarusian Bank for Small Business

- Support for private micro and small enterprises in Belarus, particularly in the regions outside of the capital.


Private 2008 9,981 3,468 0 0 3,468


Belarus MSE Framework Belgazprombank Credit line for on-lending to micro and small businesses.


Private 2005 2,774 2,774 0 0 2,774


Belarus MSE Financing Facility Belrosbank Credit line for on-lending to micro and small businesses.


Private 2007 2,774 2,774 0 0 2,774


Belarusian Bank for Small Business

- Equity investment in Belarusian Bank for Small Business


Private 2007 7,613 0 1,837 0 1,837


Belarus MSE Financing Facility Reconversion and Development Bank

Credit line for on-lending to micro and small businesses.


Private 2007 2,081 2,081 0 0 2,081


Belarus MSE Financing Facility Belgazprombank Credit line for on-lending to micro and small businesses.


Private 2007 3,468 3,468 0 0 3,468


Priorbank Funding Facility - Credit line for on-lending to small and medium-sized businesses.


Private 2007 13,871 6,935 0 0 6,935


Reconversion and Development Bank

- Investment to enhance private banking and enterprise sectors, to support small and medium enterprises and micro and small enterprises lending by Belarusian private banks.

Bank equity Private 2008 6,071 1,193 3,578 0 4,771


Belarus MSE Financing Facility Minsk Transit Bank II Credit line for on-lending to micro and small businesses.


Private 2007 6,935 6,935 0 0 6,935


Pinskdrev - Financing the modernisation of a wood product plant.


Private 2009 10,403 5,201 5,201 0 10,403





Year of signing

Total project value

(€ 000)

EBRD loan (€

000)


EBRD guarantee

(€ 000)




ZAO Minsk Transit Bank Support for foreign trade Bank lending Private 2007 1,846 923 0 923 1,846


Belarus MSE Financing Facility Belgazprombank Five-year funding to on-lend to entrepreneurs. Small business finance

Private 2008 27,741 27,741 0 0 27,741



Belrosbank Support for foreign trade. Bank lending Private 2008 347 0 0 347 347


Belarus MSE Financing Facility Minsk Transit Bank III Loan for on-lending to micro, small and medium-sized enterprises.


Private 2009 6,935 6,935 0 0 6,935


Direct Investment Facility Buslik Investment in supermarket chain specialising in children's goods.


Private 2009 2,081 0 2,081 0 2,081

Belarus Regional investment

Almaz Capital Russia Fund I - The Fund will make equity and equity-related venture capital investments in companies based in Russia and the CIS.

Equity funds Private 2009 1,345 0 416 0 416


Direct investment

Emergency telecommunications reconstruction

- Reconstruction of telecommunications network, with provision for eventual privatisation.


State 1998 66,110 17,464 0 0 17,464


Direct investment

Emergency transport reconstruction

- Upgrade of airports, air navigation systems, roads and bridges.

Transport State 1996 83,466 22,685 0 0 22,685


Direct investment

Emergency power reconstruction

- Emergency reconstruction of war-damaged power generation, transmission and distribution facilities.

Power and energy

State 1997 98,059 14,065 0 0 14,065


Direct investment

Zagrebacka Banka - Equity investment in Zagrebacka Banka. Bank equity Private 1997 1,011 0 1,011 0 1,011





Year of signing

Total project value

(€ 000)

EBRD loan (€

000)


EBRD guarantee

(€ 000)



Direct investment

US/EBRD SME Finance Facility

ProCredit Bank Bosnia Equity investment to ProCredit Bank Bosnia. Small business finance

Private 1997 7,021 0 510 0 510


Direct investment

Horizonte Bosnia and Herzegovina Enterprise Fund

- Equity investment in private enterprises or enterprises undergoing privatisation.



Direct investment

Raiffeisen Bank - Extension of medium and long-term loans to private corporate clients.

Bank equity Private 1997 2,392 2,392 0 0 2,392


Direct investment

Sarajevska Pivara - Modernisation of brewery and expansion into soft drink production.



Direct investment

Pivara Tuzla - Modernisation of brewery and improvement of product quality.



Direct investment

Bosnia and Herzegovina SME framework

UniCredit Zagrebacka Banka

Credit lines to assist small and medium-sized enterprises.



Direct investment



Private 1999 5,768 0 256 0 256


Direct investment


UPI Banka Credit lines to assist small and medium-sized enterprises.



Direct investment


Raiffeisen Bank Credit lines to assist small and medium-sized enterprises.



Direct investment


UPI Banka Support for foreign trade. Bank lending Private 2000 150 0 0 150 150





Year of signing

Total project value

(€ 000)

EBRD loan (€

000)


EBRD guarantee

(€ 000)



Direct investment

Railways recovery - Improvements to section of Pan European Corridor V railway.

Transport State 2001 64,928 20,928 0 0 20,928


Direct investment

Electric power reconstruction - Installation of power monitoring, control and energy management systems.

Power and energy

State 2000 52,269 52,269 0 0 52,269


Direct investment


ProCredit Bank Bosnia Credit line to ProCredit Bank Bosnia for on-lending to micro, small and medium-sized businesses.


Private 2000 19,094 2,684 0 0 2,684


Regional investment

TBIH Financial Services - Expansion of insurance and pension operations incentral and eastern Europe.


Private 2000 2,135 428 857 0 1,285


Direct investment

Raiffeisen Bank - Syndicated loan enabling bank to extend medium and long-term loans to private corporate clients



Direct investment



Private 2001 3,580 0 407 0 407


Direct investment






Direct investment





Direct investment





Direct investment

UPI Banka - Equity investment in UPI Banka. Bank equity Private 2002 7,883 5,255 2,628 0 7,883





Year of signing

Total project value

(€ 000)

EBRD loan (€

000)


EBRD guarantee

(€ 000)



Direct investment

Telekom Srpske - Expansion of fixed and mobile networks and preparation for privatisation.


State 2002 94,094 29,095 0 0 29,095


Direct investment


Volksbank Credit lines to assist small and medium-sized enterprises.



Regional investment

Marbo - Regional expansion of snack food producer's operations.



Direct investment

Regional road development programme

- Construction of Sarajevo by-pass and road connecting to Pan-European Corridor X.

Transport State 2004 236,000 70,000 0 0 70,000


Regional investment

Raiffeisen International - Equity investment supporting growth of RaiffeisenInternational's business in Bosnia and Herzegovina.



Direct investment

Volksbank subordinated debt - Extension of credit lines to assist small and medium-sized enterprises and local entrepreneurs.



Regional investment

Grand - Cross-border expansion of coffee producer's operations and product development.



Direct investment

Direct Investment Facility Primus Purchase of machinery to boost production of wood, laminate and aluminium products.


Private 2004 780 0 780 0 780


Direct investment





Regional investment

Southeast Europe Equity Fund II

- Equity fund investing in private funds in south-eastern Europe.






Year of signing

Total project value

(€ 000)

EBRD loan (€

000)


EBRD guarantee

(€ 000)



Direct investment


ProCredit Bank Bosnia Credit line to ProCredit Bank Bosnia for on-lending to micro, small and medium-sized businesses.


Private 2004 6,000 5,900 0 0 5,900


Direct investment

Bosnia and Herzegovina Air Traffic Management System

- Supply of equipment and training services to improve safety.

Transport State 2006 22,700 17,000 0 0 17,000


Direct investment






Direct investment

Regional Railway Project - Financing of track infrastructure. Transport State 2005 189,800 70,000 0 0 70,000


Direct investment





Direct investment

Tvornica Opeke Sarajevo - Renovation of a disused brick factory in Sarajevo. Manufacturing and services

Private 2005 14,033 6,200 0 0 6,200


Direct investment

Power Distribution Reconstruction

- Improvement of efficiency and reliability of electricity supply by modernising three regional electricity

Power and energy

State 2006 55,000 55,000 0 0 55,000


Regional investment

Argus Capital Partners II - Private equity fund supporting medium-sized enterprises. Successor to the Argus Capital Partners fund.



Direct investment

Mittal Steel Zenica - Energy efficiency investments and working capital.


Private 2005 20,357 20,357 0 0 20,357


Direct investment

Natron Hayat - Renovation of facilities at paper and pulp mill, including restarting pulp production.


Private 2006 111,695 11,000 0 0 11,000





Year of signing

Total project value

(€ 000)

EBRD loan (€

000)


EBRD guarantee

(€ 000)



Regional investment

European Fund for Southeast Europe

- Privately managed public/private investment fund which will provide financing for micro, small and medium-sized businesses as well as housing andrural finance in south-eastern Europe.


Private 2006 2,000 0 2,000 0 2,000


Direct investment

VF Komerc - Expansion of operations of local food retailer and upgrade of existing stores.



Direct investment

Western Balkans SME FinanceFacility

Raiffeisen Leasing BiH Credit line to Raiffeisen Leasing for on-lending to small and medium-sized businesses.


Private 2006 10,000 10,000 0 0 10,000


Direct investment

Bijeljina waste-water collection system

- Construction of waste-water collection network to prevent pollution of the aquifer.


State 2007 7,000 7,000 0 0 7,000


Direct investment

Western Balkans MSME Framework

Mikrofin Credit line for on-lending to micro, small and medium-sized businesses.


Private 2006 8,000 8,000 0 0 8,000


Direct investment


Mikrokreditna Organizacija EKI

Credit line for on-lending to micro, small and medium-sized businesses.


Private 2006 6,000 6,000 0 0 6,000


Regional investment

Balkan Accession Fund - Finance provided to a private equity fund investing in medium-sized businesses.



Regional investment

Europolis III - Equity investment allowing the creation of a regional portfolio of property assets in Bosnia andHerzegovina, Bulgaria, FYR Macedonia, Montenegro, Romania, Russia, Serbia and Ukraine.


Private 2006 7,425 630 945 0 1,575


Direct investment

Raiffeisen Bank - Loan to allow medium and long-term loans to corporate clients.



Regional investment

GS Hotels and Resort (Loan) - Loan to leading local hospitality group, based in Dubrovnik.


Private 2007 10,756 3,236 0 0 3,236





Year of signing

Total project value

(€ 000)

EBRD loan (€

000)


EBRD guarantee

(€ 000)



Direct investment

VF Komerc - Expansion of operations of local food retailer and upgrade of existing stores.

Agribusiness Private 2006 6,000 0 6,000 0 6,000


Direct investment


Partner Credit line for on-lending to micro and small businesses.


Private 2007 8,000 8,000 0 0 8,000


Direct investment


Sunrise Credit line for on-lending to micro and small businesses.


Private 2007 4,000 4,000 0 0 4,000


Direct investment

Primary road network upgrade Bosnia and Herzegovina Road Rehabilitation Project

Upgrade and reconstruction of sections of the primary road network.

Transport State 2007 230,500 75,000 0 0 75,000


Direct investment

ISO and TRANSCO - Supply and installation of electricity transmission system that will facilitate power trade in the region.

Power and energy

State 2007 15,931 15,931 0 0 15,931


Direct investment


VF Komerc Long-term loan to finance real estate operations. Agribusiness Private 2007 4,000 4,000 0 0 4,000


Direct investment

Uniqa Osiguranje - Acquisition of a 20 per cent equity stake in Uniqa Osiguranje Bosnia.


Private 2007 1,600 0 1,600 0 1,600


Direct investment


Suica Terni Construction of a greenfield plant for the production of wood pellets.


Private 2007 1,250 1,125 0 0 1,125


Regional investment

GS Hotels and Resorts (Equity)

- Equity investment in local hospitality group. Property and tourism

Private 2007 10,030 0 2,510 0 2,510


Direct investment


Microcredit organisation MI-Bospo

Credit line for on-lending to micro and small businesses.


Private 2007 3,000 3,000 0 0 3,000





Year of signing

Total project value

(€ 000)

EBRD loan (€

000)


EBRD guarantee

(€ 000)



Direct investment


Prizma microcredit organisation

Credit line for on-lending to small and medium-sized businesses.


Private 2007 4,000 4,000 0 0 4,000


Regional investment

ViaOne - Equity investment to support the commercial launch and development of ViaOne Europa Holding's software platforms.


Private 2008 1,694 0 1,000 0 1,000


Direct investment

Corridor Vc - Loan to finance construction of key sections of trans-European motorway.

Transport State 2008 605,000 180,000 0 0 180,000


Direct investment


Sunrise II Facilitates access to finance for smaller business clients.


Private 2008 3,000 3,000 0 0 3,000


Direct investment


EKI Loan to the third largest microfinance organisation in Bosnia and Herzegovina to improve access to finance.


Private 2008 6,000 6,000 0 0 6,000


Direct investment

Raiffeisen Leasing - Support to increase the availability of lease financing at longer maturities for the purchase of fixed assets by small and medium-sized enterprises.


Private 2008 10,000 10,000 0 0 10,000


Regional investment

CEE Special Situations Fund CRG Capital Investment in an equity fund managed by CRG Partners targeting distressed and under-performing companies.



Direct investment


Bimal Support for an oil producing company. Agribusiness Private 2008 10,000 8,375 0 0 8,375


Direct investment

Raiffeisen Bank - To increase the availability of small and medium-sized enterprises financing with longer maturities.



Direct investment

Western Balkans and Croatia Financing Framework

MI-BOSPO Long-term loan to existing client to improve access to finance for entrepreneurs.


Private 2008 3,000 3,000 0 0 3,000





Year of signing

Total project value

(€ 000)

EBRD loan (€

Documents

IntroductionTirana Hotel - Operation of three-star hotel in Tirana. Property and tourism Private 1993 18,367 8,150 2,717 0 10,867 Albania Direct investment Coca-Cola Tirana - Establishment