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The EBRD, a leading financier of renewable energy in Turkey and its other regions of operations, is providing a financing package of up to US$ 102 million to the renewable energy arm of the Turkish conglomerate Akfen Holding.

OTP Leasing has been a well-established market player in Ukraine for a decade.

Romanian citizens and the environment will benefit from a new EBRD investment in the improvement of water and wastewater services and the reduction of water losses.

The EBRD stands ready to scale up its investment in Romania, the Bank’s President, Suma Chakrabarti, said during a visit to Bucharest which he concluded today.

Businesses in Latvia, Estonia and Lithuania will benefit from better access to finance under an unfunded risk-sharing facility of up to €35 million provided by the EBRD to Citadele Bank, the country’s fourth largest lender in terms of loans.

Overcoming the legacy of the operation of nuclear-powered ships in northern Russia is marking a major milestone today with the opening of a shelter for the defuelling of the former Soviet icebreaker service ship Lepse.