EBRD sets four year investment strategy for Romania

Newsroom 06/10/2015 | 13:33

The board of directors of the European Bank for Reconstruction and Development (EBRD) have approved a new strategy for Romania which will guide the bank’s investments in the country for the next four years.

Predicting that Romania’s economy will grow at around 3 percent in 2015 and 3.2 percent in 2016, placing it among the fastest-growing emerging economies in south-eastern Europe, the bank plans to support Romania’s private sector through a strategy focused on three priorities:

  • – broadening access to finance by inducing lending and developing capital markets
  • – reducing regional disparities and boosting inclusion through commercialised infrastructure
  • – enhancing competitiveness in the private sector through targeted investment.

 

We will work to boost Romania’s private sector growth by helping to expand access to finance, with an emphasis on capital market development. With the economy rebounding, conditions are suitable for companies to enhance their competitiveness through balanced financing structures and improved management practices. The EBRD will work to reduce regional disparities by financing essential infrastructure to promote economic inclusion. We will also combine our investments with support for sector reforms and improved corporate governance in state owned enterprises,” Matteo Patrone, EBRD director for Romania said.

The EBRD is a leading institutional investor in Romania with almost EUR 1.5 billion invested in 75 projects over the previous country strategy period. In total, the bank has invested over EUR 7 billion in the country to date and has also mobilised more than EUR 14 billion from other sources of financing in all sectors of the country’s economy.

Natalia Martian

BR Magazine | Latest Issue

Download PDF or read online: December 2022 Issue | Business Review Magazine

The December 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Xclusiverse: Going Beyond the Traditional Ways of Doing Business.”
Newsroom | 19/12/2022 | 18:45

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of business-review.eu
    I agree with the storage and handling of my data by business-review.eu
    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue