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EBRD Investments 1991-2009.

xls

Introduction

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:
Albania

FYR Macedonia

Montenegro

Armenia

Georgia

Poland

Ukraine

Azerbaijan

Hungary

Romania

Uzbekistan

Belarus

Kazakhstan

Russia

Bosnia and Herzegovina

Krygyz Republic

Serbia

Bulgaria

Latvia

Slovak Republic

Croatia

Lithuania

Slovenia

Czech Republic*

Moldova

Tajikistan

Estonia

Mongolia

Turkey

Turkmenistan

Instructions
Click 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.

Introduction

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Albania

Direct
investment

Banca Italo Albanese

Establishment of joint-venture bank with Banca di Bank equity


Roma and National Commercial Bank of Albania.

Albania

Direct
investment

Albanian Telecom

Modernisation and expansion of


telecommunications network.

Albania

Direct
investment

Drin River cascade


rehabilitation

Albania

Direct
investment

Hotel Rogner

Albania

Direct
investment

Albania

Portfolio
Class

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

1994

37,594

15,329

15,329

30,658

Telecoms,
State
informatics and
media

1992

38,045

6,823

6,823

Upgrade of main hydro power plants

Power and
energy

State

1994

34,165

1,445

1,445

Construction of three-star hotel in Tirana.

Property and
tourism

Private

1994

24,237

8,122

2,030

10,152

Tirana Hotel

Operation of three-star hotel in Tirana.

Property and
tourism

Private

1993

18,367

8,150

2,717

10,867

Direct
investment

Coca-Cola Tirana

Establishment of first local soft drink producer


and bottling plant.

Agribusiness

Private

1993

9,551

2,824

2,824

Albania

Direct
investment

Power transmission and


distribution project

Upgrade of power transmission and distribution


systems.

Power and
energy

State

1995

80,880

100

100

Albania

Direct
investment

ProCredit Bank Albania


(formerly FEFAD Bank)

Financing for micro and small enterprises.

Small business Private


finance

1999

4,758

1,077

1,077

Albania

Direct
investment

National Commercial Bank

Restructuring of commercial banks operations


and strengthening of capital base.

Bank equity

Private

2000

7,880

2,332

2,332

Albania

Direct
investment

SME recovery credit line

Banca Italo-Albanese

Credit line to assist small and medium-sized


enterprises.

Bank lending

Private

1998

1,004

1,004

1,004

All investments 1991- 2009

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Albania

Direct
investment

Albania power sector


reconstruction

Modernisation of main hydro power plants,


transmission and distribution networks.

Power and
energy

State

1999

63,042

29,842

29,842

Albania

Direct
investment

Albania power distribution


rehabilitation

Upgrade of power transmission, distribution


systems and substations.

Power and
energy

State

2002

190,293

23,890

23,890

Albania

Direct
investment

Road rehabilitation project

Emergency improvements to 30 km section of


road between Elbasan and Librazhd.

Transport

State

2002

24,873

16,987

16,987

Albania

Direct
investment

INSIG

Pre-privatisation equity investment in leading


insurance provider.

Insurance and
financial
services

Private

2003

13,193

2,157

2,157

4,313

Albania

Direct
investment

Vodafone Albania

Expansion of GSM mobile network.

Telecoms,
Private
informatics and
media

2003

72,500

24,706

24,706

Albania

Direct
investment

Fushe Kruje cement factory

Installation of new cement production line.

Manufacturing
and services

Private

2004

101,017

20,806

20,806

Albania

Direct
investment

Vlore thermal power plant

Construction of oil-fuelled thermal power station. Power and


energy

State

2004

104,071

40,000

40,000

Albania

Direct
investment

Tirana Airport Privatisation


Project

Upgrading of facilities at the airport.

Private

2005

78,299

31,600

31,600

Albania

Direct
investment

Fier-Tepelene road
rehabilitation project

Upgrading and construction of the road from Fier Transport


to Tepelene.

State

2005

109,000

35,000

35,000

Albania

Direct
investment

Morpack Albania

Construction of a food packaging plant.

Private

2005

5,500

2,500

2,500

All investments 1991- 2009

Transport

Agribusiness

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Albania

Regional
investment

Albania

Description

Sector

Portfolio
Class

Southeast Europe Equity Fund II

Equity fund investing in private funds in southeastern Europe.

Equity funds

Private

2005

1,812

1,812

1,812

Direct
investment

Durres port

Loan to finance a ferry terminal and related


infrastructure at the port of Durres.

Transport

State

2007

40,000

14,000

14,000

Albania

Direct
investment

Western Balkans Local


Enterprise Facility

Union Bank of Tirana

Equity investment to strengthen Albanian banks Bank equity


expansion and lending activities.

Private

2008

4,000

3,450

3,450

Albania

Direct
investment

Power transmission
substations upgrade

Upgrading of six transmission substations crucial Power and


to Albanias energy transmission system.
energy

State

2006

38,290

16,000

16,000

Albania

Direct
investment

Tirana municipal transport

Comprehensive upgrade of roads in Tirana.

State

2006

14,600

14,600

14,600

Albania

Regional
investment

European Fund for Southeast Europe

Privately managed public/private investment fund Small business Private


which will provide financing for micro, small and finance
medium-sized businesses as well as housing and
rural finance in south-eastern Europe.

2006

2,000

2,000

2,000

Albania

Direct
investment

Euromax

Construction and operation of five supermarkets. Agribusiness

Private

2006

15,049

6,039

1,510

7,549

Albania

Regional
investment

Balkan Accession Fund

Finance provided to a private equity fund


investing in medium-sized businesses.

Equity funds

Private

2006

5,245

1,120

1,120

Albania

Direct
investment

Levan-Vlore road

Loan to upgrade the road from Levan to Vlore.

Transport

State

2007

60,200

22,000

22,000

Albania

Direct
investment

Western Balkans Local


Enterprise Facility

BI-Invest

Establishment of a greenfield concrete production Manufacturing


plant in Lushnje, Albania.
and services

Private

2007

1,000

700

700

All investments 1991- 2009

Sub project

Municipal and
environmental
infrastructure

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Albania

Direct
investment

Antea Cement

Debt and equity financing for construction and


operation of a new plant.

Manufacturing
and services

Private

2008

210,307

19,600

9,800

29,400

Albania

Direct
investment

Albanian Telecom

Investment to modernise telecommunications


services across the country.

Telecoms,
Private
informatics and
media

2008

100,000

30,000

30,000

Albania

Direct
investment

Western Balkans Local


Enterprise Facility

Agrotal

Establishment of an olive oil production plant.

Agribusiness

Private

2007

1,000

500

500

Albania

Direct
investment

Albania Reconstruction Equity Fund (AREF)

Modernisation, expansion, restructuring and


development of small and medium-sized
enterprises.

Equity funds

Private

1998

4,807

2,391

2,391

Albania

Regional
investment

EnerCap

Private equity fund dedicated to investing in


Power and
renewable energy and energy efficiency projects energy
in central and south-eastern Europe.

Private

2007

5,000

1,250

1,250

Albania

Regional
investment

Westdeutsche Allgemeine
Zeitung

Equity investment for development and


expansion of WAZ Media Group into new
markets across central and eastern Europe and
the CIS.

Telecoms,
Private
informatics and
media

2008

12,900

6,000

6,000

Albania

Regional
investment

ViaOne

Equity investment to support the commercial


launch and development of ViaOne Europa
Holding's software platforms.

Telecoms,
Private
informatics and
media

2008

847

500

500

Albania

Direct
investment

Western Balkans Local


Enterprise Facility

Tirex Resources

The EBRD's first investment in Albanias mining


sector.

Natural
Resources

Private

2008

6,134

6,134

6,134

Albania

Regional
investment

CEE Special Situations Fund

CRG Capital

Investment in an equity fund managed by CRG


Partners targeting distressed and underperforming companies.

Equity funds

Private

2009

200

200

200

Albania

Direct
investment

Western Balkans and Croatia


Financing Framework

Intesa SanPaolo

Capital increase in American Bank of Albania,


subsidiary of Intesa SanPaolo Albania.

Bank equity

Private

2008

1,167

1,167

1,167

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Albania

Direct
investment

Western Balkans Local


Enterprise Facility

Beba

Equity investment to support the new recycled- Manufacturing


paper production line and to establish wastepaper and services
recycling networks throughout Albania.

Private

2008

2,000

1,400

1,400

Albania

Direct
investment

Patos Marinza oilfield

Financing to support the development of the


Patos Marinza oilfield.

Natural
Resources

Private

2009

91,874

21,334

7,111

28,445

Albania

Direct
investment

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

24,000

Albania

Regional
investment

European Fund for SouthEast Europe II

Support to financial institutions for on-lending to Small business Private


MSMEs, as well as for housing and rural finance. finance

2009

11,550

1,650

1,650

Albania

Regional
investment

Southeast Europe Energy


Efficiency Fund (SE4F)

Financing for energy efficiency projects through


local financial institutions.

Insurance and
financial
services

Private

2009

9,488

2,500

2,500

Albania

Direct
investment

Western Balkans Local


Enterprise Facility

Union Bank

Credit line for on-lending to small and mediumsized enterprises.

Bank lending

Private

2009

2,000

2,000

2,000

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

40,050

Armenia

Regional
investment

First NIS Regional Fund

Equity fund investing in companies in the New


Independent States (NIS).

Equity funds

Private

1994

518

310

310

Armenia

Direct
investment

Yerevan (Zvartnots) air cargo


terminal

Improvement of ground facilities and air cargo


handling services.

Transport

State

1994

18,336

14,868

14,868

Armenia

Regional
investment

MBA loan project

Financial support for students undertaking MBA


degrees at top-tier business schools.

Bank lending

Private

1995

341

109

82

190

All investments 1991- 2009

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Armenia

Direct
investment

Armenia wholesale market

Development of modern wholesale market


distribution network for fresh food products.

Agribusiness

State

1995

2,209

524

524

Armenia

Regional
investment

MBA loan project

Financial support for students undertaking MBA


degrees at top-tier business schools.

Bank lending

Private

1998

73

15

15

31

Armenia

Direct
investment

Armenia Multi-bank Framework Agricultural Cooperative


Bank Armenia

Financing for small and medium-sized


enterprises.

Bank lending

Private

2003

2,081

2,081

2,081

Armenia

Direct
investment

IBSB

Equity investment in medium-sized local


enterprises and facilitation of foreign direct
investment in the region.

Bank equity

Private

1999

1,054

1,054

1,054

Armenia

Direct
investment

Yerevan Brandy Company

Provision of permanent working capital and


development of export markets.

Agribusiness

Private

2000

34,676

13,871

13,871

Armenia

Direct
investment

Armenia Multi-bank Framework Armeconombank

Financing for small and medium-sized


enterprises.

Bank lending

Private

2000

694

694

694

Armenia

Direct
investment

Armenia Multi-bank Framework Anelik Bank

Financing for small and medium-sized


enterprises.

Bank lending

Private

2002

694

694

694

Armenia

Direct
investment

Armenian copper programme

Improvements to copper smelters production


capacity.

Manufacturing
and services

Private

2002

5,826

3,121

3,121

Armenia

Direct
investment

Armeconombank

Equity investment to expand lending facilities.

Bank equity

Private

2004

1,420

904

904

Armenia

Direct
investment

Regional Trade Facilitation


Programme

Armeconombank

Support for foreign trade.

Bank lending

Private

2002

206

103

103

206

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Armenia

Direct
investment

Direct Investment Facility

SHEN concern

Expansion of producer of construction materials. Manufacturing


and services

Private

2004

1,250

1,250

1,250

Armenia

Direct
investment

Regional Trade Facilitation


Programme

Agricultural Cooperative
Bank Armenia

Support for foreign trade.

Bank lending

Private

2004

1,200

1,200

1,200

Armenia

Direct
investment

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

4,466

Armenia

Direct
investment

Armenia Multi-bank Framework Armeconombank

Financing for small and medium-sized


enterprises.

Bank lending

Private

2005

1,387

1,387

1,387

Armenia

Direct
investment

SME credit line

Anelik Bank

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

Bank lending

Private

2004

1,734

1,734

1,734

Armenia

Direct
investment

Direct Investment Facility

Liqvor

Investment in a pharmaceuticals manufacturer.

Manufacturing
and services

Private

2005

2,431

302

603

905

Armenia

Direct
investment

Direct Lending Facility

Deno Gold

Gold mining project.

Natural
Resources

Private

2005

3,121

3,121

3,121

Armenia

Direct
investment

Armenia Multi-bank Framework Inecobank

Financing for small and medium-sized


enterprises.

Small business Private


finance

2005

694

694

694

Armenia

Direct
investment

Armenia Multi-bank Framework Agricultural Cooperative


Bank Armenia

Financing for small and medium-sized


enterprises.

Small business Private


finance

2005

2,081

2,081

2,081

Armenia

Direct
investment

Regional Trade Facilitation


Programme

Support for foreign trade.

Bank lending

2005

320

160

160

320

All investments 1991- 2009

Inecobank

Sector

Portfolio
Class

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Armenia

Direct
investment

Direct Investment Facility

Cascade Insurance and


Reinsurance Company

Equity investment in an insurance company.

Insurance and
financial
services

Private

2005

1,170

827

827

Armenia

Direct
investment

Medium-sized Loan Cofinancing Facility

Agricultural Cooperative
Bank Armenia

Loan for on-lending to local private companies.

Bank lending

Private

2005

379

379

379

Armenia

Direct
investment

Direct Lending Facility

Bazenc

Investment in small hydropower project.

Power and
energy

Private

2005

1,100

1,100

1,100

Armenia

Direct
investment

Direct Investment Facility

Hytex Plastic

Expansion of plastic container manufacturer.

Manufacturing
and services

Private

2005

2,153

1,435

718

2,153

Armenia

Direct
investment

Armenia International Airport

Construction of a new passenger terminal and


purchase of new terminal equipment.

Transport

Private

2006

43,862

14,116

14,116

Armenia

Direct
investment

Direct Investment Facility

Tamara Fruit

Equity investment in a local fruit company.

Agribusiness

Private

2006

1,036

518

518

1,036

Armenia

Direct
investment

Medium-sized Loan Cofinancing Facility

Armeconombank

Loan for on-lending to local private companies.

Bank lending

Private

2005

1,734

1,578

1,578

Armenia

Direct
investment

Armenia MSE Financing


Facility

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

Bank lending

Private

2006

1,734

1,734

1,734

Armenia

Direct
investment

Armenia Multi-bank Framework Inecobank


II

Credit line for on-lending to micro and small


businesses.

Small business Private


finance

2006

3,468

3,468

3,468

Armenia

Direct
investment

Armeconombank Mortgage
Facility

Credit facility for on-lending as long-term loans.

Bank lending

2006

1,387

1,387

1,387

All investments 1991- 2009

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Armenia

Direct
investment

Medium-sized Loan CoFinancing Facility

Agricultural Cooperative
Bank Armenia

Credit line for on-lending to medium-sized


businesses.

Agribusiness

Private

2006

233

117

117

Armenia

Direct
investment

Direct Investment Facility

Star Group

Investment in a supermarket chain, for acquisition Agribusiness


and development of four additional stores.

Private

2006

7,984

1,442

5,766

7,208

Armenia

Direct
investment

Medium-sized Loan CoFinancing Facility

Agricultural Cooperative
Bank Armenia

Credit line for on-lending to medium-sized


businesses.

Private

2006

272

136

136

Armenia

Direct
investment

Lake Sevan

Upgrade of two waste-water treatment plants and Municipal and


construction of a further three.
environmental
infrastructure

State

2007

12,000

7,000

7,000

Armenia

Direct
investment

Medium-sized Loan CoFinancing Facility

Armeconombank

Credit line for on-lending to medium-sized


businesses.

Agribusiness

Private

2006

555

277

277

Armenia

Direct
investment

Medium-sized Loan Cofinancing Facility

Anelik Bank

Loan to Anelik Bank to expand its lending


activities.

Bank lending

Private

2007

1,500

1,500

1,500

Armenia

Direct
investment

Medium-sized Loan Cofinancing Facility

Agricultural Cooperative
Bank of Armenia

Loan to MavaTerm for design, installation and


service of heating and ventilation systems.

Manufacturing
and services

Private

2007

126

126

126

Armenia

Regional
investment

Brasseries International
Holdings

Reconstruction and development of breweries


across the Caucasus.

Agribusiness

Private

2006

6,651

3,326

3,326

6,651

Armenia

Direct
investment

Medium-sized Loan CoFinancing Facility

Armeconombank

Credit line for on-lending to medium-sized


businesses.

Manufacturing
and services

Private

2006

139

139

139

Armenia

Direct
investment

Direct Investment Facility

Natfood/Biella

Investments in primarily small and medium-sized Agribusiness


private sector enterprises.

Private

2008

3,435

3,435

3,435

All investments 1991- 2009

Bank lending

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Armenia

Direct
investment

Medium-sized Loan Cofinancing Facility

Armeconombank

Renovation and construction of a second wing at Manufacturing


the Nairi Medical Centre
and services

Armenia

Direct
investment

Armenia Multi-bank Framework Armeconombank


II

Armenia

Direct
investment

Armenia

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

Private

2007

416

416

416

Credit line to Armeconombank for on lending to


small and medium-sized enterprises.

Small business Private


finance

2007

2,081

2,081

2,081

Armenia Multi-bank Framework Anelik Bank


II

Credit line to Anelik Bank.

Small business Private


finance

2007

5,000

5,000

5,000

Direct
investment

ProCredit Bank Armenia

Establishment of a dedicated microfinance bank Small business Private


in Armenia.
finance

2007

2,144

2,144

2,144

Armenia

Direct
investment

ProCredit Bank Armenia

Support for the development of micro and small- Small business Private
sized enterprises.
finance

2008

4,855

1,387

1,387

Armenia

Direct
investment

Azerbaijan Multi-bank
Framework II

Agricultural Cooperative
Bank Armenia

Loan for on-lending to local enterprises in rural


areas.

2007

8,322

4,161

4,161

Armenia

Direct
investment

Armenia Multi-bank Framework Cascade Bank


II

Loan to local banks to provide further support to Bank lending


small and medium-sized enterprises.

Private

2008

3,468

3,468

3,468

Armenia

Direct
investment

Medium-sized Loan Cofinancing Facility

Armeconombank

Loan to Shant, an Armenian TV and radio


broadcaster.

Telecoms,
Private
informatics and
media

2007

381

381

381

Armenia

Regional
investment

Meinl Caucasus and Central


Asia

Finance for the development of high-quality,


international standard retail and mixed-use
properties in Caucasus and Central Asia.

Property and
tourism

Private

2007

168,728

59,063

59,063

Armenia

Direct
investment

Artyk

Loan to support the financing of a multi-purpose Property and


complex construction in the city of Yerevan.
tourism

Private

2008

38,915

13,871

13,871

All investments 1991- 2009

Small business Private


finance

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Armenia

Direct
investment

Armenia Multi Bank


Framework II

Inecobank

Credit line to Inecobank for onlending to SMEs.

Bank lending

Private

2007

3,468

3,468

3,468

Armenia

Direct
investment

Byblos Bank Armenia

Equity investment in BBA (formerly International Bank equity


Trade Bank).

Private

2007

6,010

5,030

5,030

Armenia

Direct
investment

Direct Investment Facility

Alpha Pharma

Equity stake enabling a leading pharmaceutical


wholesaler to expand its network.

Private

2007

4,400

4,400

4,400

Armenia

Direct
investment

Armenia Multi-bank Framework Araratbank

Credit line to Araratbank for onlending to MSMEs. Small business Private


finance

2007

3,468

3,468

3,468

Armenia

Direct
investment

Direct Lending Facility

Shen Concern

Expanding the production of paints and lacquers, Manufacturing


and beginning production of new materials such and services
as gypsum and masonry products.

Private

2007

3,537

3,537

3,537

Armenia

Direct
investment

Armenia Multi-Bank
Framework II

Converse Bank

Financing programme for small and mediumsized enterprises.

Small business Private


finance

2008

6,935

3,468

3,468

Armenia

Direct
investment

Azerbaijan Multi-bank
Framework II

Armeconombank

Syndicated loan to Armeconombank for


expansion of its activities.

Bank lending

Private

2007

10,403

3,468

3,468

Armenia

Direct
investment

Azerbaijan Multi-bank
Framework II

Agricultural Cooperative
Bank of Armenia

Credit line to ACBA for on-lending to small and


medium-sized enterprises.

Small business Private


finance

2007

13,871

4,855

4,855

Armenia

Direct
investment

Medium-Sized Loan Cofinancing Facility

Anelik Bank

Helping Arzni, a water and soft drinks producer,


to buy an automated PET bottling line.

Agribusiness

Private

2008

555

555

555

Armenia

Direct
investment

Electricity Networks of Armenia -

Financing to upgrade electricity distribution


network.

Power and
energy

Private

2009

74,762

42,000

42,000

All investments 1991- 2009

Manufacturing
and services

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Armenia

Direct
investment

ACBA Credit Agricole Bank

Senior loan to assist lending activities to farmers Small business Private


and private sector Armenian entrepreneurs,
finance
particularly outside of the capital.

2008

12,484

6,242

6,242

Armenia

Direct
investment

Armenia Multi-bank Framework II

Loan for mortgage lending and energy efficiency Small business Private
lending, and leasing.
finance

2008

6,935

1,734

1,734

Armenia

Direct
investment

Agricultural Cooperative Bank Leasing


of Armenia

Credit line for on-lending to small and mediumsized enterprises.

Private

2008

5,548

5,548

5,548

Armenia

Direct
investment

Medium-Sized Loan Cofinancing Facility

Anelik Bank

Help for Yerevan Beer to buy new equipment for Agribusiness


a glass bottling line.

Private

2008

271

271

271

Armenia

Direct
investment

AraratBank

Acquisition of an equity stake in Araratbank, to


support its plans for further expansion.

Bank equity

Private

2008

5,212

5,212

5,212

Armenia

Direct
investment

Armenia International Airport


Phase II

Financing for a new passenger terminal and


related equipment.

Transport

Private

2009

119,981

27,741

27,741

Armenia

Direct
investment

Medium-Sized Loan Cofinancing Facility

Armeconombank

Expansion of ironing and dry cleaning services at Manufacturing


Selena Service.
and services

Private

2008

225

225

225

Armenia

Direct
investment

Direct Lending Facility

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

Private

2009

3,814

3,814

3,814

Armenia

Direct
investment

Medium-Sized Loan Cofinancing Facility

Armeconombank Daroink

Armenia

Direct
investment

Armenia Multi-bank Framework ProCredit Bank Armenia


II

All investments 1991- 2009

Sector

Insurance and
financial
services

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

Facilitate the financing of Armenian mediumsized enterprises.

Agribusiness

Private

2008

139

139

139

Financing programme for small and mediumsized enterprises.

Small business Private


finance

2008

128

128

128

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Armenia

Direct
investment

Direct Lending Facility

Saranist/Armglass

A loan to a glass bottle and jar producer, to help Agribusiness


increase production capacity and diversify its
product range.

Private

2009

2,081

2,081

2,081

Armenia

Direct
investment

Medium-sized Loan Cofinancing Facility

Armeconombank

Extension of the existing MCFF loan to Shant for Telecoms,


Private
the purchase of new premises.
informatics and
media

2009

156

156

156

Armenia

Direct
investment

Direct Lending Facility

Brasseries International
Holdings

Support for Kotayk to develop its brewing


business in Armenia.

Agribusiness

Private

2009

347

347

347

Armenia

Direct
investment

Direct Lending Facility

Star

Financing of existing supermarket operations.

Agribusiness

Private

2009

2,427

2,427

2,427

Armenia

Direct
investment

Medium-sized Loan
Cofinancing Facility

Anelik Armenia Glass

Finance to help with expansion at a stained glass Agribusiness


manufacturer.

Private

2009

694

694

694

Azerbaijan

Regional
investment

First NIS Regional Fund

Equity fund investing in companies in the New


Independent States (NIS).

Private

1994

518

310

310

Azerbaijan

Direct
investment

Air navigation system upgrade -

Procurement of new air navigation equipment and Transport


reconstruction of international passenger
terminal.

State

1996

10,819

9,501

9,501

Azerbaijan

Direct
investment

Baku water rehabilitation

Improvement of water supply, quality and


reliability in Baku.

Municipal and
environmental
infrastructure

State

1995

79,038

15,758

15,758

Azerbaijan

Direct
investment

Silk Road

Reconstruction of 85 km section of HajigabulKyurdamir road.

Transport

State

2004

33,012

28,435

28,435

Azerbaijan

Direct
investment

Yenikend renewable energy

Construction of hydro power station.

Power and
energy

State

1994

52,063

36,924

36,924

All investments 1991- 2009

Sector

Equity funds

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Azerbaijan

Direct
investment

Mingechaur Power

Replacement of generators at hydro power plant, Power and


reconstruction of high-voltage power transmission energy
line and installation of substation.

State

1997

33,487

14,991

14,991

Azerbaijan

Regional
investment

AIG Silk Road Fund

Financing for small and medium-sized private


Equity funds
sector enterprises and joint ventures operating in
Russia and Central Asia.

Private

1997

11,814

2,278

2,278

Azerbaijan

Direct
investment

Baku port development

Modernisation of ferry terminal.

Transport

State

1999

4,361

112

112

Azerbaijan

Direct
investment

Trans-Caucasian rail link

Improvement of Azeri section of the TransCaucasian rail link.

Transport

State

1999

25,995

14,009

14,009

Azerbaijan

Direct
investment

Azerbaijan Multi-bank
Framework

Azerdemiryolbank

Financing for small and medium-sized


enterprises and development of banking sector.

Bank lending

Private

1999

508

508

508

Azerbaijan

Direct
investment

Azerbaijan Multi-bank
Framework

International Bank of
Azerbaijan

Financing for small and medium-sized


enterprises and development of banking sector.

Bank lending

Private

1998

2,801

2,801

2,801

Azerbaijan

Direct
investment

Direct Investment Facility

Silk Road Motel, Garadak

Construction of three-star hotel adjacent to the


oilfields, servicing business travellers.

Manufacturing
and services

Private

1999

4,722

1,758

1,758

Azerbaijan

Direct
investment

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

22,768

Azerbaijan

Direct
investment

Chirag early oil project

Lukoil Overseas

Expansion of crude oil production and export


markets.

Natural
Resources

Private

1998

236,580

13,385

13,385

Azerbaijan

Direct
investment

Chirag early oil project

Turkish Petroleum

Expansion of crude oil production and export


markets.

Natural
Resources

Private

1998

159,425

9,037

9,037

All investments 1991- 2009

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Azerbaijan

Direct
investment

Chirag early oil project

Unocal Finance Ltd

Expansion of crude oil production and export


markets.

Natural
Resources

Private

1998

237,805

13,454

13,454

Azerbaijan

Direct
investment

Chirag early oil project

Early Oil Finance Co

Expansion of crude oil production and export


markets.

Natural
Resources

Private

1998

188,868

10,708

10,708

Azerbaijan

Regional
investment

Frontera Resources

Commercial development of Kursangi and


Karabagli oilfields in Azerbaijan.

Natural
Resources

Private

2000

197,972

9,016

9,016

Azerbaijan

Direct
investment

Nations Azerbaijan (formerly


Moncrief Azerbaijan Oil
Company)

Development of onshore oilfields.

Natural
Resources

Private

2000

66,677

27,581

13,790

41,371

Azerbaijan

Direct
investment

Azerbaijan Microfinance Bank (AMB)

Financing for micro and small enterprises.

Small business Private


finance

2002

7,309

3,139

1,569

4,708

Azerbaijan

Regional
investment

Baring Vostok Private Equity


Fund

Direct equity investment in medium-sized


companies.

Equity funds

Private

2000

3,860

1,832

1,832

Azerbaijan

Direct
investment

SOCAR

Shah Deniz gas


condensate field

Development of Shah Deniz gas condensate


field.

Natural
Resources

State

2004

384,978

26,701

26,701

Azerbaijan

Regional
investment

Baku-Tbilisi-Ceyhan pipeline

Construction of oil pipeline from Azerbaijan to


Turkey.

Natural
Resources

Private

2004

1,799,362

43,346

43,346

Azerbaijan

Direct
investment

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

143,561

Azerbaijan

Direct
investment

Azerbaijan Multi-bank
Framework

Unibank

Financing for small and medium-sized


enterprises and development of banking sector.

Bank lending

Private

2002

2,070

1,035

1,035

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Azerbaijan

Regional
investment

SOCAR

South Caucasus Gas


Pipeline

Financing for 690 km gas pipeline from the Shah Natural


Deniz field in Azerbaijan to the Turkish-Georgian Resources
border.

State

2004

48,833

8,648

8,648

Azerbaijan

Direct
investment

Landmark I (Neptun)

Refurbishment and acquisition of office


development.

Property and
tourism

Private

2003

4,300

2,150

2,150

Azerbaijan

Direct
investment

Regional Trade Facilitation


Programme

Unibank

Support for foreign trade.

Bank lending

Private

2002

504

252

252

504

Azerbaijan

Direct
investment

Regional Trade Facilitation


Programme

Azerdemiryolbank

Support for foreign trade.

Bank lending

Private

2002

531

266

266

531

Azerbaijan

Direct
investment

Unibank

Equity investment in Azerbaijan's largest private Bank equity


bank.

Private

2003

877

877

877

Azerbaijan

Direct
investment

Regional Trade Facilitation


Programme

Azerigazbank

Support for foreign trade.

Bank lending

Private

2003

5,738

2,869

2,869

5,738

Azerbaijan

Direct
investment

Azerbaijan Multi-bank
Framework

Bank of Baku

Credit lines to Bank of Baku for on-lending to


small and medium-sized businesses.

Bank lending

Private

2004

694

694

694

Azerbaijan

Direct
investment

Baku to Samur road

Upgrading of a 60 km section of road from


Sumgait to Zarat.

Transport

State

2005

76,095

69,353

69,353

Azerbaijan

Direct
investment

Regional Trade Facilitation


Programme

Bank of Baku

Support for foreign trade.

Bank lending

Private

2006

1,685

842

842

1,685

Azerbaijan

Direct
investment

Landmark II (Libra)

Refurbishment and acquisition of office


development.

Property and
tourism

Private

2003

2,774

1,387

1,387

All investments 1991- 2009

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Azerbaijan

Direct
investment

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

1,165

Azerbaijan

Direct
investment

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

6,935

Azerbaijan

Direct
investment

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

1,734

Azerbaijan

Direct
investment

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

6,935

Azerbaijan

Direct
investment

MBASK Insurance Company

Strengthening of capital base and development of Insurance and


infrastructure, sales network and product range. financial
services

Private

2005

1,229

970

970

Azerbaijan

Direct
investment

Azerbaijan Multi-bank
Framework

Respublika Bank

Credit lines to Respublika Bank for on-lending to Bank lending


small and medium-sized businesses.

Private

2004

694

694

694

Azerbaijan

Direct
investment

Azerbaijan Multi-bank
Framework

Azerdemiryolbank

Credit lines to Azerdemiryolbank for on-lending to Bank lending


small and medium-sized businesses.

Private

2004

1,387

1,387

1,387

Azerbaijan

Direct
investment

Azerbaijan Multi-bank
Framework

Azerigazbank

Credit lines to Azerigazbank for on-lending to


small and medium-sized businesses.

Bank lending

Private

2004

1,387

1,387

1,387

Azerbaijan

Direct
investment

Milk-Pro

Construction of new dairy processing plant in


Baku and modernisation of plant in Goychay.

Agribusiness

Private

2004

3,937

1,312

2,624

3,937

Azerbaijan

Direct
investment

Unibank

Loan to enable access to international markets to Bank lending


raise medium-term financing for on-lending to
local private enterprises.

Private

2005

6,935

1,040

1,040

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Azerbaijan

Direct
investment

Regional Trade Facilitation


Programme

Bank Respublika

Support for foreign trade.

Bank lending

Private

2004

4,911

2,455

2,455

4,911

Azerbaijan

Direct
investment

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

76,288

Azerbaijan

Regional
investment

Lukoil Overseas

South Caucasus Gas


Pipeline

Completion of pipeline in Azerbaijan and Georgia Natural


Resources

Private

2005

43,845

28,157

28,157

Azerbaijan

Direct
investment

Azerbaijan Multi-bank
Framework

Bank of Baku

Financing for small and medium-sized


enterprises.

Bank lending

Private

2005

694

694

694

Azerbaijan

Direct
investment

Garadagh Cement

Equity investment.

Manufacturing
and services

Private

2006

9,817

7,528

7,528

Azerbaijan

Direct
investment

Regional Trade Facilitation


Programme

AccessBank

Support for foreign trade.

Bank lending

Private

2005

244

244

244

Azerbaijan

Direct
investment

Azerdemiryolbank bank

Equity investment in private joint-stock bank.

Bank equity

Private

2005

3,709

3,709

3,709

Azerbaijan

Direct
investment

Azerbaijan Multi-bank
Framework

Bank Respublika

Financing for small and medium-sized


enterprises.

Bank lending

Private

2005

1,387

1,387

1,387

Azerbaijan

Direct
investment

Azerbaijan Multi-bank
Framework

Azerigazbank

Financing for small and medium-sized


enterprises.

Bank lending

Private

2005

1,040

1,040

1,040

Azerbaijan

Direct
investment

ETC Non-bank MFI


Framework II

FINCA (Azerbaijan)

Credit line to increase financing available to the Small business Private


smallest enterprises through on-lending.
finance

2006

2,081

1,734

1,734

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Azerbaijan

Direct
investment

Azerbaijan Multi-bank
Framework

Azerdemiryolbank

Financing for small and medium-sized


enterprises.

Small business Private


finance

2005

694

694

694

Azerbaijan

Direct
investment

Azerbaijan Multi-bank
Framework

Bank Respublika

Financing for small and medium-sized


enterprises.

Small business Private


finance

2005

1,387

1,387

1,387

Azerbaijan

Direct
investment

Azerbaijan Multi-bank
Framework

Unibank

Financing for small and medium-sized


enterprises.

Small business Private


finance

2005

1,387

1,387

1,387

Azerbaijan

Direct
investment

ETC Non-bank MFI


Framework

CredAgro

Credit line to increase financing available to the Small business Private


smallest enterprises through on-lending.
finance

2006

694

520

520

Azerbaijan

Direct
investment

Unibank

Loan to provide Unibank with access to


international markets.

Bank lending

Private

2006

5,201

1,734

1,734

Azerbaijan

Direct
investment

Azerbaijan Multi-bank
Framework

Bank of Baku (III)

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

Small business Private


finance

2006

3,121

3,121

3,121

Azerbaijan

Direct
investment

Azerbaijan Multi-bank
Framework

Mugan Bank II

Credit line for on-lending to micro, small and


medium-sized businesses.

Small business Private


finance

2007

2,774

2,774

2,774

Azerbaijan

Direct
investment

Azerbaijan Multi-bank
Framework

Azerigazbank

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

Small business Private


finance

2006

1,387

1,387

1,387

Azerbaijan

Direct
investment

ETC Non-bank MFI


Framework

Shore Overseas

Loan for on-lending to micro and small


enterprises.

Small business Private


finance

2007

1,387

1,387

1,387

Azerbaijan

Direct
investment

Direct Lending Facility

Aqua Vita

Finance provided to locally owned mineral water Agribusiness


producer, Aqua Vita.

2006

3,121

3,121

3,121

All investments 1991- 2009

Portfolio
Class

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Azerbaijan

Direct
investment

Azerbaijan Multi-bank
Framework

Unibank (II)

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

Small business Private


finance

2006

1,387

1,387

1,387

Azerbaijan

Direct
investment

Azerbaijan Multi-bank
Framework

Bank Respublika (III)

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

Bank lending

Private

2006

1,387

1,387

1,387

Azerbaijan

Direct
investment

Azerbaijan Multi-bank
Framework

Azerdemiryolbank (III)

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

Small business Private


finance

2006

3,468

3,468

3,468

Azerbaijan

Direct
investment

Unileasing (Equity)

Equity investment in an Azeri leasing company.

Insurance and
financial
services

Private

2007

520

520

520

Azerbaijan

Direct
investment

Azerbaijan Multi-bank
Framework

Rabitabank

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

Small business Private


finance

2006

971

832

832

Azerbaijan

Direct
investment

Medium-sized Loan CoFinancing Facility

Bank Respublika

Credit line for on-lending to medium-sized


businesses.

Bank lending

Private

2006

1,040

1,040

1,040

Azerbaijan

Direct
investment

Medium-sized Loan CoFinancing Facility

Azerdemiryolbank

Loan to Azerdemiryolbank to expand its lending


activities.

Bank lending

Private

2007

694

694

694

Azerbaijan

Direct
investment

Azerbaijan Multi-bank
Framework

Mugan Bank

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

Small business Private


finance

2006

1,387

1,387

1,387

Azerbaijan

Direct
investment

Azerbaijan Multi-bank
Framework

Nikoil Bank

Credit line for on-lending to micro, small and


medium-sized businesses.

Small business Private


finance

2007

1,387

1,387

1,387

Azerbaijan

Direct
investment

Microfinance Bank Azerbaijan Equity

Equity investment in the largest provider of


Small business Private
financial services to micro and small businesses finance
in Azerbaijan.

2006

2,268

2,268

2,268

All investments 1991- 2009

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Azerbaijan

Direct
investment

Regional Trade Facilitation


Programme

Mugan Bank

Support for foreign trade.

Bank lending

Private

2006

2,074

2,074

2,074

Azerbaijan

Direct
investment

ETC Non-bank MFI


Framework II

Vision Fund AzerCredit

Financing for micro and small enterprises and to Small business Private
assist the non-bank microfinance institutions in finance
their commercialisation process.

2008

1,387

1,387

1,387

Azerbaijan

Direct
investment

Medium-sized Loan CoFinancing Facility

Bank of Baku

Loan to Baku electronics for construction of a


warehouse, showroom and administrative
building.

Private

2007

2,774

1,387

1,387

Azerbaijan

Direct
investment

Medium-sized Loan CoFinancing Facility

Bank of Baku

Loan to Avrora to help with the acquisition of new Agribusiness


equipment for the production of biscuits.

Private

2007

694

347

347

Azerbaijan

Direct
investment

Medium-sized Loan CoFinancing Facility

Bank of Baku

Credit line for on-lending to medium-sized


businesses.

Bank lending

Private

2006

2,601

2,601

2,601

Azerbaijan

Direct
investment

Azerbaijan Multi-bank
Framework

Azerigazbank IV

Credit line for on-lending to micro, small and


medium-sized businesses.

Small business Private


finance

2007

4,161

4,161

4,161

Azerbaijan

Direct
investment

ETC Non-bank MFI


Framework II

Credagro

Credit line to increase financing available to the


smallest enterprises through on-lending.

Small business Private


finance

2007

2,081

1,838

1,838

Azerbaijan

Direct
investment

Bank Respublika

Loan to help the bank's expansion and


development programme.

Bank lending

Private

2007

16,645

4,161

4,161

Azerbaijan

Direct
investment

Azerbaijan Multi-bank
Framework

Bank of Baku

Credit line for on-lending to micro, small and


medium-sized businesses.

Small business Private


finance

2007

2,081

1,387

1,387

Azerbaijan

Direct
investment

Azerbaijan Multi-bank
Framework

Bank Respublika IV

Credit line for on-lending to micro, small and


medium-sized businesses.

Small business Private


finance

2007

3,468

2,081

2,081

All investments 1991- 2009

Manufacturing
and services

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Azerbaijan

Direct
investment

Unibank

Equity investment in Unibank

Bank equity

Private

2007

7,621

4,685

4,685

Azerbaijan

Direct
investment

Unibank III

Third syndicated loan to Unibank.

Bank lending

Private

2007

24,274

6,068

6,068

Azerbaijan

Direct
investment

Unileasing

Loan to Unileasing, an Azeri leasing company.

Insurance and
financial
services

Private

2007

2,081

2,081

2,081

Azerbaijan

Direct
investment

Medium-sized Loan CoFinancing Facility

Unibank

Loan to Caspian supplies to finance construction Manufacturing


of a production hall and warehouse, as well as
and services
working capital financing.

Private

2007

1,248

416

416

Azerbaijan

Direct
investment

Medium-sized Loan Cofinancing Facility

Bank Respublika

Finance to help Veysaloglu Yayichili Gardashlari Agribusiness


purchase new confectionery production
equipment.

Private

2008

10,854

2,913

2,913

Azerbaijan

Direct
investment

ETC Non-bank MFI


Framework II

Norwegian Microcredit

Investment to increase financing for micro and


small enterprises in the ETC and to assist the
non-bank microfinance institutions.

Small business Private


finance

2008

694

694

694

Azerbaijan

Direct
investment

Medium-sized Loan CoFinancing Facility

Azerdemiryolbank

Loan to SABA, an Azeri ice cream producer, to


help construct new premises and purchase new
refrigerated delivery vehicles.

Agribusiness

Private

2007

763

381

381

Azerbaijan

Direct
investment

Azer-Yod II

Loan to support the expansion of an Azeri iodine Manufacturing


producer.
and services

Private

2008

12,346

10,403

10,403

Azerbaijan

Direct
investment

Medium-sized Loan Cofinancing Facility

Azerdemiryolbank

Loan to expand the bank's lending activities.

Transport

Private

2008

4,855

2,427

2,427

Azerbaijan

Regional
investment

Aureos Central Asia Fund

Equity investment to support medium-sized


enterprises in Azerbaijan, Central Asia and
Georgia.

Equity funds

Private

2008

709

709

709

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Azerbaijan

Direct
investment

Azeri Financial Sector


Framework

Azerigazbank

Support to local banks for various on-lending


facilities.

Small business Private


finance

2008

5,548

5,548

5,548

Azerbaijan

Direct
investment

AccessBank

Syndicated loan for on-lending to micro and small Small business Private
enterprises.
finance

2008

22,886

6,935

6,935

Azerbaijan

Direct
investment

Medium-sized Loan Cofinancing Facility

Bank of Baku

Finance for the completion of Atlant's new hotel in Property and


northern Azerbaijan and the purchase of
tourism
additional equipment.

Private

2008

1,907

347

347

Azerbaijan

Direct
investment

Garadagh expansion

Financing for the expansion of cement and clinker Manufacturing


production facilities.
and services

Private

2009

360,000

120,000

120,000

Azerbaijan

Direct
investment

Azerbaijan Multi-bank
Framework

Azerdemiryolbank IV

Financing for small and medium-sized


enterprises.

Small business Private


finance

2008

9,709

9,709

9,709

Azerbaijan

Direct
investment

Azeri Financial Sector


Framework

Bank Respublika Mortgage Finance for on-lending to residential customers.

Bank lending

Private

2008

6,935

2,774

2,774

Azerbaijan

Direct
investment

Azerbaijan Multi-bank
Framework

MuganBank III

Short and long-term funding to small and medium Small business Private
sized Azeri enterprises.
finance

2008

3,468

3,468

3,468

Azerbaijan

Direct
investment

Medium-sized Loan Cofinancing Facility

Bank of Baku

Credit line for on-lending to medium-sized


businesses.

Telecoms,
Private
informatics and
media

2008

832

347

347

Azerbaijan

Direct
investment

Medium-sized Loan Cofinancing Facility

Azerigazbank

On-lending to small and medium-sized


businesses.

Bank lending

Private

2008

1,387

1,387

1,387

Azerbaijan

Direct
investment

ETC Non-bank Microfinance


Institution Framework III

Finance for Development

Credit line for on-lending to micro and small


enterprises.

Small business Private


finance

2009

694

694

694

All investments 1991- 2009

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Azerbaijan

Direct
investment

Azeri Financial Sector


Framework

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

Azerbaijan

Direct
investment

Unibank

Financing to create a foundation for the growth of Bank lending


one of Azerbaijans leading independent
commercial banks.

Azerbaijan

Direct
investment

Azerbaijan Financial Sector


Framework

Azerbaijan

Direct
investment

Azerbaijan

Portfolio
Class

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

2009

4,161

2,081

2,081

Private

2009

35,370

12,830

12,830

Demir Bank

Loan for on-lending to micro, small and medium- Small business Private
sized enterprises.
finance

2009

9,016

4,161

4,161

Azerbaijan Financial Sector


Framework

AccessBank

Loan for on-lending to micro and small


enterprises.

Small business Private


finance

2009

6,935

3,468

3,468

Direct
investment

Azerbaijan Multi-bank
Framework

MuganBank IV

Short and long-term funding to small and medium Small business Private
sized Azeri enterprises.
finance

2009

1,387

1,387

1,387

Belarus

Direct
investment

Minsk wholesale market

Development of modern fruit and vegetable


wholesale market complex.

Agribusiness

State

1993

7,362

4,237

4,237

Belarus

Direct
investment

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

39,468

Belarus

Direct
investment

Orsha Power Plant


modernisation

Construction of combined-cycle heat and power


plant.

Power and
energy

State

1993

28,903

28,903

28,903

Belarus

Direct
investment

Belarus Telecom

Development of international and national transit Telecoms,


State
exchange, digital overlay network, optical fibre
informatics and
cable links and data and telex transmission.
media

1992

26,899

26,899

26,899

Belarus

Direct
investment

SME credit line

Credit line to assist small and medium-sized


enterprises.

1994

26,007

20,806

20,806

All investments 1991- 2009

Small business Private


finance

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

Bank lending

Private

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Belarus

Direct
investment

Priorbank

Equity investment in commercial bank.

Bank equity

Private

1998

2,608

2,608

2,608

Belarus

Direct
investment

Direct Investment Facility

Milavitsa

Equity investment in ladies underwear


manufacturer.

Manufacturing
and services

Private

2000

2,329

1,010

1,010

Belarus

Direct
investment

Regional Trade Facilitation


Programme

Priorbank

Support for foreign trade.

Bank lending

Private

2000

1,023

512

512

1,023

Belarus

Direct
investment

Regional Trade Facilitation


Programme

Belgazprombank

Support for foreign trade.

Bank lending

Private

2004

6,018

3,009

3,009

6,018

Belarus

Direct
investment

Priorbank syndication

Extension of short and medium-term loans to


private sector clients.

Bank lending

Private

2003

24,967

8,322

8,322

Belarus

Direct
investment

Priorbank syndicated mortgage line

Mortgage credit line.

Bank lending

Private

2005

17,338

10,403

10,403

Belarus

Direct
investment

Olivaria

Modernisation and expansion of brewery.

Agribusiness

Private

2005

17,148

9,351

4,676

14,027

Belarus

Direct
investment

Belarus MSE Framework

Belgazprombank

Credit line to Belgazprombank for on-lending to


micro and small businesses.

Small business Private


finance

2004

4,161

4,161

4,161

Belarus

Direct
investment

SME credit line

Priorbank

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

Bank lending

Private

2004

6,935

6,935

6,935

Belarus

Direct
investment

Belarus MSE Financing Facility MinskTransit Bank

Credit line for on-lending to micro and small


businesses.

Small business Private


finance

2007

2,774

2,774

2,774

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Belarus

Direct
investment

Belarusian Bank for Small


Business

Support for private micro and small enterprises in Small business Private
Belarus, particularly in the regions outside of the finance
capital.

2008

9,981

3,468

3,468

Belarus

Direct
investment

Belarus MSE Framework

Belgazprombank

Credit line for on-lending to micro and small


businesses.

Small business Private


finance

2005

2,774

2,774

2,774

Belarus

Direct
investment

Belarus MSE Financing Facility Belrosbank

Credit line for on-lending to micro and small


businesses.

Small business Private


finance

2007

2,774

2,774

2,774

Belarus

Direct
investment

Belarusian Bank for Small


Business

Equity investment in Belarusian Bank for Small


Business

Small business Private


finance

2007

7,613

1,837

1,837

Belarus

Direct
investment

Belarus MSE Financing Facility Reconversion and


Development Bank

Credit line for on-lending to micro and small


businesses.

Small business Private


finance

2007

2,081

2,081

2,081

Belarus

Direct
investment

Belarus MSE Financing Facility Belgazprombank

Credit line for on-lending to micro and small


businesses.

Small business Private


finance

2007

3,468

3,468

3,468

Belarus

Direct
investment

Priorbank Funding Facility

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

Small business Private


finance

2007

13,871

6,935

6,935

Belarus

Direct
investment

Reconversion and
Development Bank

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

Private

2008

6,071

1,193

3,578

4,771

Belarus

Direct
investment

Belarus MSE Financing Facility Minsk Transit Bank II

Credit line for on-lending to micro and small


businesses.

Small business Private


finance

2007

6,935

6,935

6,935

Belarus

Direct
investment

Pinskdrev

Financing the modernisation of a wood product


plant.

Manufacturing
and services

2009

10,403

5,201

5,201

10,403

All investments 1991- 2009

Sector

Portfolio
Class

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Belarus

Direct
investment

Regional Trade Facilitation


Programme

ZAO Minsk Transit Bank

Support for foreign trade

Bank lending

Private

2007

1,846

923

923

1,846

Belarus

Direct
investment

Belarus MSE Financing Facility Belgazprombank

Five-year funding to on-lend to entrepreneurs.

Small business Private


finance

2008

27,741

27,741

27,741

Belarus

Direct
investment

Regional Trade Facilitation


Programme

Support for foreign trade.

Bank lending

Private

2008

347

347

347

Belarus

Direct
investment

Belarus MSE Financing Facility Minsk Transit Bank III

Loan for on-lending to micro, small and medium- Small business Private
sized enterprises.
finance

2009

6,935

6,935

6,935

Belarus

Direct
investment

Direct Investment Facility

Buslik

Investment in supermarket chain specialising in


children's goods.

Private

2009

2,081

2,081

2,081

Belarus

Regional
investment

Almaz Capital Russia Fund I

The Fund will make equity and equity-related


Equity funds
venture capital investments in companies based
in Russia and the CIS.

Private

2009

1,345

416

416

Bosnia and Direct


Herzegovina investment

Emergency
telecommunications
reconstruction

Reconstruction of telecommunications network,


with provision for eventual privatisation.

Telecoms,
State
informatics and
media

1998

66,110

17,464

17,464

Bosnia and Direct


Herzegovina investment

Emergency transport
reconstruction

Upgrade of airports, air navigation systems,


roads and bridges.

Transport

State

1996

83,466

22,685

22,685

Bosnia and Direct


Herzegovina investment

Emergency power
reconstruction

Emergency reconstruction of war-damaged


power generation, transmission and distribution
facilities.

Power and
energy

State

1997

98,059

14,065

14,065

Bosnia and Direct


Herzegovina investment

Zagrebacka Banka

Equity investment in Zagrebacka Banka.

Bank equity

Private

1997

1,011

1,011

1,011

All investments 1991- 2009

Belrosbank

Manufacturing
and services

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Bosnia and Direct


Herzegovina investment

US/EBRD SME Finance


Facility

ProCredit Bank Bosnia

Equity investment to ProCredit Bank Bosnia.

Small business Private


finance

1997

7,021

510

510

Bosnia and Direct


Herzegovina investment

Horizonte Bosnia and


Herzegovina Enterprise Fund

Equity investment in private enterprises or


enterprises undergoing privatisation.

Equity funds

Private

1998

16,926

4,650

4,650

Bosnia and Direct


Herzegovina investment

Raiffeisen Bank

Extension of medium and long-term loans to


private corporate clients.

Bank equity

Private

1997

2,392

2,392

2,392

Bosnia and Direct


Herzegovina investment

Sarajevska Pivara

Modernisation of brewery and expansion into soft Agribusiness


drink production.

Private

1997

10,737

3,093

3,093

Bosnia and Direct


Herzegovina investment

Pivara Tuzla

Modernisation of brewery and improvement of


product quality.

Agribusiness

Private

2000

9,357

6,135

6,135

Bosnia and Direct


Herzegovina investment

Bosnia and Herzegovina SME UniCredit Zagrebacka


framework
Banka

Credit lines to assist small and medium-sized


enterprises.

Bank lending

Private

1999

4,250

2,805

2,805

Bosnia and Direct


Herzegovina investment

US/EBRD SME Finance


Facility

Equity investment to ProCredit Bank Bosnia.

Small business Private


finance

1999

5,768

256

256

Bosnia and Direct


Herzegovina investment

Bosnia and Herzegovina SME UPI Banka


framework

Credit lines to assist small and medium-sized


enterprises.

Bank lending

Private

1999

4,034

1,650

1,650

Bosnia and Direct


Herzegovina investment

Bosnia and Herzegovina SME Raiffeisen Bank


framework

Credit lines to assist small and medium-sized


enterprises.

Bank lending

Private

1999

2,500

1,650

1,650

Bosnia and Direct


Herzegovina investment

Regional Trade Facilitation


Programme

Support for foreign trade.

Bank lending

Private

2000

150

150

150

All investments 1991- 2009

ProCredit Bank Bosnia

UPI Banka

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Bosnia and Direct


Herzegovina investment

Railways recovery

Improvements to section of Pan European


Corridor V railway.

Transport

State

2001

64,928

20,928

20,928

Bosnia and Direct


Herzegovina investment

Electric power reconstruction

Installation of power monitoring, control and


energy management systems.

Power and
energy

State

2000

52,269

52,269

52,269

Bosnia and Direct


Herzegovina investment

US/EBRD SME Finance


Facility

ProCredit Bank Bosnia

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

Small business Private


finance

2000

19,094

2,684

2,684

Bosnia and Regional


Herzegovina investment

TBIH Financial Services

Expansion of insurance and pension operations inInsurance and


central and eastern Europe.
financial
services

Private

2000

2,135

428

857

1,285

Bosnia and Direct


Herzegovina investment

Raiffeisen Bank

Syndicated loan enabling bank to extend medium Bank lending


and long-term loans to private corporate clients

Private

2001

4,994

4,994

4,994

Bosnia and Direct


Herzegovina investment

US/EBRD SME Finance


Facility

ProCredit Bank Bosnia

Equity investment to ProCredit Bank Bosnia.

Small business Private


finance

2001

3,580

407

407

Bosnia and Direct


Herzegovina investment

Bosnia and Herzegovina SME UniCredit Zagrebacka


framework
Banka

Credit lines to assist small and medium-sized


enterprises.

Bank lending

Private

2002

2,500

2,500

2,500

Bosnia and Direct


Herzegovina investment

Bosnia and Herzegovina SME Raiffeisen Bank


framework

Credit lines to assist small and medium-sized


enterprises.

Bank lending

Private

2001

2,500

2,500

2,500

Bosnia and Direct


Herzegovina investment

Bosnia and Herzegovina SME UPI Banka


framework

Credit lines to assist small and medium-sized


enterprises.

Bank lending

Private

2002

2,500

2,500

2,500

Bosnia and Direct


Herzegovina investment

UPI Banka

Equity investment in UPI Banka.

Bank equity

Private

2002

7,883

5,255

2,628

7,883

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Bosnia and Direct


Herzegovina investment

Telekom Srpske

Expansion of fixed and mobile networks and


preparation for privatisation.

Telecoms,
State
informatics and
media

2002

94,094

29,095

29,095

Bosnia and Direct


Herzegovina investment

Bosnia and Herzegovina SME Volksbank


framework

Credit lines to assist small and medium-sized


enterprises.

Bank lending

Private

2003

2,500

2,500

2,500

Bosnia and Regional


Herzegovina investment

Marbo

Regional expansion of snack food producer's


operations.

Agribusiness

Private

2003

9,831

3,900

3,900

Bosnia and Direct


Herzegovina 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

70,000

Bosnia and Regional


Herzegovina investment

Raiffeisen International

Equity investment supporting growth of Raiffeisen Bank equity


International's business in Bosnia and
Herzegovina.

Private

2004

10,000

5,000

5,000

Bosnia and Direct


Herzegovina investment

Volksbank subordinated debt

Extension of credit lines to assist small and


medium-sized enterprises and local
entrepreneurs.

Bank lending

Private

2003

7,500

7,500

7,500

Bosnia and Regional


Herzegovina investment

Grand

Cross-border expansion of coffee producer's


operations and product development.

Agribusiness

Private

2003

9,500

2,750

2,750

Bosnia and Direct


Herzegovina investment

Direct Investment Facility

Primus

Purchase of machinery to boost production of


wood, laminate and aluminium products.

Manufacturing
and services

Private

2004

780

780

780

Bosnia and Direct


Herzegovina investment

Bosnia and Herzegovina SME Raiffeisen Bank


framework

Credit lines to assist small and medium-sized


enterprises.

Bank lending

Private

2003

45,000

15,000

15,000

Bosnia and Regional


Herzegovina investment

Southeast Europe Equity Fund II

Equity fund investing in private funds in southeastern Europe.

Equity funds

Private

2005

3,624

3,624

3,624

All investments 1991- 2009

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Bosnia and Direct


Herzegovina investment

US/EBRD SME Finance


Facility

ProCredit Bank Bosnia

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

Small business Private


finance

2004

6,000

5,900

5,900

Bosnia and Direct


Herzegovina investment

Bosnia and Herzegovina Air


Traffic Management System

Supply of equipment and training services to


improve safety.

Transport

State

2006

22,700

17,000

17,000

Bosnia and Direct


Herzegovina investment

Bosnia and Herzegovina SME UniCredit Zagrebacka


framework
Banka

Credit lines to assist small and medium-sized


enterprises.

Bank lending

Private

2004

7,500

7,500

7,500

Bosnia and Direct


Herzegovina investment

Regional Railway Project

Financing of track infrastructure.

Transport

State

2005

189,800

70,000

70,000

Bosnia and Direct


Herzegovina investment

Bosnia and Herzegovina SME UPI Banka


framework

Credit lines to assist small and medium-sized


enterprises.

Bank lending

Private

2004

5,000

5,000

5,000

Bosnia and Direct


Herzegovina investment

Tvornica Opeke Sarajevo

Renovation of a disused brick factory in Sarajevo. Manufacturing


and services

Private

2005

14,033

6,200

6,200

Bosnia and Direct


Herzegovina 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

55,000

Bosnia and Regional


Herzegovina investment

Argus Capital Partners II

Private equity fund supporting medium-sized


enterprises. Successor to the Argus Capital
Partners fund.

Equity funds

Private

2005

200

200

200

Bosnia and Direct


Herzegovina investment

Mittal Steel Zenica

Energy efficiency investments and working


capital.

Manufacturing
and services

Private

2005

20,357

20,357

20,357

Bosnia and Direct


Herzegovina investment

Natron Hayat

Renovation of facilities at paper and pulp mill,


including restarting pulp production.

Manufacturing
and services

Private

2006

111,695

11,000

11,000

All investments 1991- 2009

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

Bosnia and Regional


Herzegovina investment

European Fund for Southeast Europe

Privately managed public/private investment fund Small business Private


which will provide financing for micro, small and finance
medium-sized businesses as well as housing and
rural finance in south-eastern Europe.

2006

2,000

2,000

2,000

Bosnia and Direct


Herzegovina investment

VF Komerc

Expansion of operations of local food retailer and Agribusiness


upgrade of existing stores.

Private

2006

53,000

4,000

4,000

Bosnia and Direct


Herzegovina investment

Western Balkans SME Finance Raiffeisen Leasing BiH


Facility

Credit line to Raiffeisen Leasing for on-lending to Insurance and


small and medium-sized businesses.
financial
services

Private

2006

10,000

10,000

10,000

Bosnia and Direct


Herzegovina investment

Bijeljina waste-water collection system

Construction of waste-water collection network to Municipal and


prevent pollution of the aquifer.
environmental
infrastructure

State

2007

7,000

7,000

7,000

Bosnia and Direct


Herzegovina investment

Western Balkans MSME


Framework

Mikrofin

Credit line for on-lending to micro, small and


medium-sized businesses.

Small business Private


finance

2006

8,000

8,000

8,000

Bosnia and Direct


Herzegovina investment

Western Balkans MSME


Framework

Mikrokreditna Organizacija Credit line for on-lending to micro, small and


EKI
medium-sized businesses.

Small business Private


finance

2006

6,000

6,000

6,000

Bosnia and Regional


Herzegovina investment

Balkan Accession Fund

Finance provided to a private equity fund


investing in medium-sized businesses.

Equity funds

Private

2006

5,245

1,120

1,120

Bosnia and Regional


Herzegovina investment

Europolis III

Private

2006

7,425

630

945

1,575

Bosnia and Direct


Herzegovina investment

Raiffeisen Bank

Property and
Equity investment allowing the creation of a
regional portfolio of property assets in Bosnia and tourism
Herzegovina, Bulgaria, FYR Macedonia,
Montenegro, Romania, Russia, Serbia and
Ukraine.
Loan to allow medium and long-term loans to
Bank lending
corporate clients.

Private

2006

20,000

20,000

20,000

Bosnia and Regional


Herzegovina investment

GS Hotels and Resort (Loan)

Private

2007

10,756

3,236

3,236

All investments 1991- 2009

Loan to leading local hospitality group, based in


Dubrovnik.

Property and
tourism

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Bosnia and Direct


Herzegovina investment

VF Komerc

Expansion of operations of local food retailer and Agribusiness


upgrade of existing stores.

Bosnia and Direct


Herzegovina investment

Western Balkans MSME


Framework

Partner

Bosnia and Direct


Herzegovina investment

Western Balkans MSME


Framework

Sunrise

Bosnia and Direct


Herzegovina investment

Primary road network upgrade Bosnia and Herzegovina


Upgrade and reconstruction of sections of the
Road Rehabilitation Project primary road network.

Bosnia and Direct


Herzegovina investment

ISO and TRANSCO

Bosnia and Direct


Herzegovina investment

Western Balkans Local


Enterprise Facility

Bosnia and Direct


Herzegovina investment

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

Private

2006

6,000

6,000

6,000

Credit line for on-lending to micro and small


businesses.

Small business Private


finance

2007

8,000

8,000

8,000

Credit line for on-lending to micro and small


businesses.

Small business Private


finance

2007

4,000

4,000

4,000

Transport

State

2007

230,500

75,000

75,000

Supply and installation of electricity transmission Power and


system that will facilitate power trade in the
energy
region.

State

2007

15,931

15,931

15,931

VF Komerc

Long-term loan to finance real estate operations. Agribusiness

Private

2007

4,000

4,000

4,000

Uniqa Osiguranje

Acquisition of a 20 per cent equity stake in Uniqa Insurance and


Osiguranje Bosnia.
financial
services

Private

2007

1,600

1,600

1,600

Bosnia and Direct


Herzegovina investment

Western Balkans Local


Enterprise Facility

Suica Terni

Construction of a greenfield plant for the


production of wood pellets.

Manufacturing
and services

Private

2007

1,250

1,125

1,125

Bosnia and Regional


Herzegovina investment

GS Hotels and Resorts


(Equity)

Equity investment in local hospitality group.

Property and
tourism

Private

2007

10,030

2,510

2,510

Bosnia and Direct


Herzegovina investment

Western Balkans MSME


Framework

Microcredit organisation MI- Credit line for on-lending to micro and small
Bospo
businesses.

Small business Private


finance

2007

3,000

3,000

3,000

All investments 1991- 2009

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Bosnia and Direct


Herzegovina investment

Western Balkans MSME


Framework

Prizma microcredit
organisation

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

Small business Private


finance

2007

4,000

4,000

4,000

Bosnia and Regional


Herzegovina investment

ViaOne

Equity investment to support the commercial


launch and development of ViaOne Europa
Holding's software platforms.

Telecoms,
Private
informatics and
media

2008

1,694

1,000

1,000

Bosnia and Direct


Herzegovina investment

Corridor Vc

Loan to finance construction of key sections of


trans-European motorway.

Transport

2008

605,000

180,000

180,000

Bosnia and Direct


Herzegovina investment

Western Balkans MSME


Framework

Sunrise II

Facilitates access to finance for smaller business Small business Private


clients.
finance

2008

3,000

3,000

3,000

Bosnia and Direct


Herzegovina investment

Western Balkans MSME


Framework

EKI

Loan to the third largest microfinance


organisation in Bosnia and Herzegovina to
improve access to finance.

2008

6,000

6,000

6,000

Bosnia and Direct


Herzegovina investment

Raiffeisen Leasing

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

Private

2008

10,000

10,000

10,000

Bosnia and Regional


Herzegovina investment

CEE Special Situations Fund

CRG Capital

Investment in an equity fund managed by CRG


Partners targeting distressed and underperforming companies.

Equity funds

Private

2009

600

600

600

Bosnia and Direct


Herzegovina investment

Western Balkans Local


Enterprise Facility

Bimal

Support for an oil producing company.

Agribusiness

Private

2008

10,000

8,375

8,375

Bosnia and Direct


Herzegovina investment

Raiffeisen Bank

To increase the availability of small and medium- Bank lending


sized enterprises financing with longer maturities.

Private

2008

30,000

30,000

30,000

Bosnia and Direct


Herzegovina investment

Western Balkans and Croatia


Financing Framework

MI-BOSPO

Long-term loan to existing client to improve


access to finance for entrepreneurs.

Small business Private


finance

2008

3,000

3,000

3,000

All investments 1991- 2009

Portfolio
Class

State

Small business Private


finance

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Bosnia and Regional


Herzegovina investment

Western Balkans Local


Enterprise Facility

Lydian International

Exploration and development of zinc, lead, silver Natural


and gold deposits in the Western Balkans.
Resources

Bosnia and Regional


Herzegovina investment

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

Private

2009

1,173

364

364

European Fund for SouthEast Europe II

Support to financial institutions for on-lending to Small business Private


MSMEs, as well as for housing and rural finance. finance

2009

11,550

1,650

1,650

Bosnia and Direct


Herzegovina investment

Western Balkans and Croatia


Financing Framework

Partner II

Support for the financial sector while promoting


adherence to best practices in corporate
governance.

2008

10,000

10,000

10,000

Bosnia and Direct


Herzegovina investment

Western Balkans MSME


Framework

Intesa SanPaolo Banka

Support for the financial sector and promoting


Bank equity
adherence to best practices in corporate
governance and strengthening financial discipline

Private

2008

1,434

1,434

1,434

Bosnia and Direct


Herzegovina investment

Western Balkans Sustainable Raiffeisen Bank BiH


Energy Finance Facililty

Credit line for on-lending to energy efficiency


projects.

Bank lending

Private

2009

10,000

2,000

2,000

Bosnia and Direct


Herzegovina investment

Konzum BiH

Loan to support retail network expansion and


balance sheet restructuring.

Agribusiness

Private

2009

56,999

25,000

25,000

Bosnia and Direct


Herzegovina investment

Unicredit Bank

Credit line for on-lending to small and mediumsized enterprises.

Bank lending

Private

2009

30,000

30,000

30,000

Bosnia and Direct


Herzegovina investment

Unicredit Group

Unicredit Leasing Bosnia

Medium and long-term debt financing in support Insurance and


of SMEs, lease finance and energy efficiency
financial
projects.
services

Private

2009

15,000

15,000

15,000

Bosnia and Direct


Herzegovina investment

Mahovljani Interchange

A loan to Republika Srpska Motorways to finance Transport


construction of the Mahovljani interchange.

State

2009

33,700

21,000

21,000

Bosnia and Regional


Herzegovina investment

Southeast Europe Energy


Efficiency Fund (SE4F)

Financing for energy efficiency projects through


local financial institutions.

Private

2009

9,488

2,500

2,500

All investments 1991- 2009

Small business Private


finance

Insurance and
financial
services

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Bulgaria

Direct
investment

Bulgaria wholesale market

Development of agricultural wholesale and


farmers markets in Sofia, Sliven, Stara Zagora
and Plovdiv.

Agribusiness

State

1995

37,185

3,202

3,202

Bulgaria

Direct
investment

Bulgarian Telecommunications Company

Modernisation of telecommunications facilities,


Telecoms,
State
including installation of line units and construction informatics and
of a transit network.
media

1992

185,563

32,000

32,000

Bulgaria

Direct
investment

Maritza East II

Completion of Unit No.8 at power plant and


retrofit of sulphur dioxide removal equipment.

Power and
energy

State

1992

199,112

39,857

39,857

Bulgaria

Direct
investment

Transit roads

Construction of 32 km section of the TransEuropean Motorway.

Transport

State

1993

78,095

29,818

29,818

Bulgaria

Regional
investment

Euromerchant Balkan Fund

Equity investment in venture capital fund


supporting small and medium-sized private joint
ventures.

Equity funds

Private

1994

3,629

3,629

3,629

Bulgaria

Direct
investment

Delta Dairy

Equity investment in ice cream production facility. Agribusiness

Private

1994

8,708

3,340

3,340

Bulgaria

Direct
investment

Railway restructuring

Modernisation of railway and facilitation of


institutional development programme.

Transport

State

1995

228,387

30,863

30,863

Bulgaria

Direct
investment

International Commercial Bank -

Equity investment in International Commercial


Bank.

Bank equity

Private

1993

964

964

964

Bulgaria

Direct
investment

Danone Serdika

Upgrade of yoghurt production plant and


introduction of new products.

Agribusiness

Private

1994

5,914

1,245

1,245

Bulgaria

Direct
investment

Eurovision

Design, supply and installation of earth station


linked to the Eurovision Network via satellite.

Telecoms,
State
informatics and
media

1992

694

694

694

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Bulgaria

Direct
investment

BNP-Paribas Bulgaria

Equity investment in subsidiary of BNP and


Banque Paribas.

Bank equity

Private

1994

7,466

1,266

1,266

Bulgaria

Direct
investment

Caresbac Bulgaria

Equity investment in Bulgarian small business


investment company, focusing on the
agribusiness sector.

Equity funds

Private

1994

7,987

1,746

1,746

Bulgaria

Regional
investment

MBA loan project

Financial support for students undertaking MBA


degrees at top-tier business schools.

Bank lending

Private

1995

2,557

815

611

1,427

Bulgaria

Direct
investment

Danone Serdika

Investment in dairy, confectionery and mineral


water companies.

Agribusiness

Private

1996

2,020

1,158

1,158

Bulgaria

Direct
investment

First Investment Bank

Financing for small and medium-sized


enterprises.

Bank lending

Private

1996

4,161

4,161

4,161

Bulgaria

Direct
investment

United Bulgarian Bank

Equity investment of up to 35 per cent, enabling


privatisation of the bank.

Bank equity

Private

1997

245,639

11,402

22,805

34,207

Bulgaria

Direct
investment

Astera

Privatisation and modernisation of leading


cosmetics producer.

Manufacturing
and services

Private

1996

12,969

6,935

6,935

Bulgaria

Direct
investment

BNP-Paribas Bulgaria

Equity investment in subsidiary of BNP and


Banque Paribas.

Bank equity

Private

1995

3,209

664

664

Bulgaria

Direct
investment

International Commercial Bank -

Equity investment in International Commercial


Bank.

Bank equity

Private

1995

2,337

971

971

Bulgaria

Direct
investment

Storco

Upgrade of food-processing facilities,


restructuring of operations and improvement of
raw material supplies.

Agribusiness

Private

1996

22,406

3,776

3,776

7,553

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Bulgaria

Direct
investment

Sofia district heating


rehabilitation

Upgrade of distribution network and improvement Municipal and


of financial, commercial and environmental
environmental
performance of company.
infrastructure

State

2002

88,297

14,297

14,297

Bulgaria

Direct
investment

First Investment Bank

Subscription of newly issued shares, bringing


total investment to 20 per cent.

Private

1997

3,647

3,647

3,647

Bulgaria

Direct
investment

Sofia water system concession -

Improvement of water and waste-water services, Municipal and


addressing leakage, drinking water quality and
environmental
effluent standards.
infrastructure

Private

2000

146,761

39,113

39,113

Bulgaria

Direct
investment

Sodi privatisation

Privatisation of soda ash producer.

Manufacturing
and services

Private

1997

186,559

55,482

55,482

Bulgaria

Direct
investment

BNP-Paribas Bulgaria

Equity investment in subsidiary of BNP and


Banque Paribas.

Bank equity

Private

1997

728

156

156

Bulgaria

Direct
investment

International Commercial Bank -

Equity investment in International Commercial


Bank.

Bank equity

Private

1997

5,380

271

271

Bulgaria

Direct
investment

Danone Serdika

Investment in dairy, confectionery and mineral


water companies.

Agribusiness

Private

1997

4,099

1,504

1,504

Bulgaria

Direct
investment

Chelopech Mining

Environmental improvements, refurbishment,


modernisation and expansion of the Chelopech
Gold Copper mine and processing plant.

Natural
Resources

Private

2005

111,380

17,338

17,338

Bulgaria

Regional
investment

Black Sea Fund

Equity investment in medium-sized local


enterprises and facilitation of foreign direct
investment in the region.

Equity funds

Private

1998

17,062

6,867

6,867

Bulgaria

Direct
investment

Domaine Boyar AD

Modernisation and expansion of production


Agribusiness
facilities at two existing wineries and construction
of a third greenfield winery.

Private

1998

50,402

15,587

5,196

20,782

All investments 1991- 2009

Sector

Bank equity

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Bulgaria

Direct
investment

BNP-Paribas Bulgaria

Equity investment in subsidiary of BNP and


Banque Paribas.

Bank equity

Private

1997

3,981

790

790

Bulgaria

Regional
investment

AIG New Europe Fund

Private equity fund investing in central and


eastern Europe.

Equity funds

Private

1999

11,686

2,303

2,303

Bulgaria

Regional
investment

Central and Eastern Europe


Power Fund

Investment in private sector projects in power


generation, transmission and district heating.

Power and
energy

Private

1999

1,429

436

436

Bulgaria

Direct
investment

Isiklar/Celhart

Modernisation of kraft paper and sack production Manufacturing


facilities.
and services

Private

1998

31,441

8,393

2,798

11,190

Bulgaria

Direct
investment

Maritza East III

Upgrade of lignite-fired power plant to improve


environmental standards.

Power and
energy

Private

2003

707,986

28,005

28,005

Bulgaria

Direct
investment

Bulgarian SME and tourism


framework facility

Credit line to assist small and medium-sized


enterprises in tourism and associated sectors.

Bank lending

Private

2000

5,100

5,100

5,100

Bulgaria

Regional
investment

MBA loan project

Financial support for students undertaking MBA


degrees at top-tier business schools.

Bank lending

Private

1998

551

115

115

230

Bulgaria

Direct
investment

Bulgarian transmission network -

Restructuring and commercialisation of Bulgarian Power and


power sector.
energy

State

2002

156,450

40,870

40,870

Bulgaria

Direct
investment

Bulgaria wholesale market

Development of agricultural wholesale and


farmers markets in Sofia, Sliven, Stara Zagora
and Plovdiv.

Agribusiness

State

1999

23,503

6,858

6,858

Bulgaria

Direct
investment

Bulgarian Insurance and


Pension (BIP)

Equity investment in insurance and pension


company.

Insurance and
financial
services

Private

1999

13,646

5,315

5,315

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Bulgaria

Direct
investment

First Investment Bank

Financing for small and medium-sized


enterprises.

Bank lending

Private

1999

15,000

5,000

5,000

Bulgaria

Direct
investment

EU/EBRD SME Finance


Facility

Unionbank

Financing for small and medium-sized


enterprises.

Bank lending

Private

2000

6,000

6,000

6,000

Bulgaria

Regional
investment

Private Equity Fund Facility

Trigranit

Equity investment in leading commercial property Property and


developer and operator.
tourism

Private

1999

3,267

680

680

Bulgaria

Direct
investment

BNP-Paribas Bulgaria

Equity investment in subsidiary of BNP and


Banque Paribas.

Bank equity

Private

2000

2,045

2,045

2,045

Bulgaria

Direct
investment

Bulgaria Grain Receipts


Programme

Expressbank

Financing for agribusiness sector using grain


receipts.

Bank lending

Private

2000

529

529

529

Bulgaria

Direct
investment

Isiklar/Celhart

Modernisation of kraft paper and sack production Manufacturing


facilities.
and services

Private

2000

20,459

6,589

6,589

Bulgaria

Direct
investment

Maritza East I Power Company -

Construction of a lignite-fired power plant.

Power and
energy

Private

2005

1,174,600

96,000

96,000

Bulgaria

Direct
investment

Rila Solutions

Provision of early-stage capital for internet and


wireless solutions company.

Telecoms,
Private
informatics and
media

2000

7,359

3,198

3,198

Bulgaria

Regional
investment

TBIH Financial Services

Expansion of insurance and pension operations inInsurance and


central and eastern Europe.
financial
services

Private

2000

10,372

2,081

4,162

6,243

Bulgaria

Direct
investment

Balkanpharma

Modernisation of pharmaceutical production


facilities.

Private

2001

23,315

12,115

12,115

All investments 1991- 2009

Manufacturing
and services

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Bulgaria

Direct
investment

Direct Investment Facility

Babylon

Direct investment in pharmaceutical distribution


company.

Manufacturing
and services

Private

2001

514

514

514

Bulgaria

Direct
investment

EU/EBRD SME Finance


Facility

Hebros Bank

Financing for small and medium-sized


enterprises.

Bank lending

Private

2001

6,000

6,000

6,000

Bulgaria

Regional
investment

Innova/3

Private equity fund supporting small and medium- Equity funds


sized enterprises.

Private

2001

9,416

1,116

1,116

Bulgaria

Direct
investment

Storco divestment

Divestment in food processing company.

Private

1996

208

208

208

Bulgaria

Direct
investment

Sofia public transport project

Refurbishment of trams, purchase of new buses Municipal and


and development of transport control system.
environmental
infrastructure

State

2002

40,311

16,710

16,710

Bulgaria

Regional
investment

Europolis

Development of regional real estate portfolio of


15 to 20 property assets.

Property and
tourism

Private

2001

77,662

10,500

15,750

26,250

Bulgaria

Direct
investment

Bulgaria Grain Receipts


Programme

Unionbank

Financing for agribusiness sector using grain


receipts.

Bank lending

Private

2001

1,559

1,559

1,559

Bulgaria

Direct
investment

US/EBRD SME Finance


Facility

ProCredit Bank

Equity investment in ProCredit Bank Bulgaria and Small business Private


financing for micro and small enterprises.
finance

2001

19,736

3,170

1,057

4,227

Bulgaria

Direct
investment

Unionbank

Acquisition of 15 per cent equity stake in bank


Bank equity
supporting small and medium-sized enterprises.

Private

2002

3,934

3,597

3,597

Bulgaria

Direct
investment

Maritza East II environmental


loan

Installation of scrubbers in thermal power plant Power and


to reduce sulphur dioxide emissions.
energy

State

2004

80,300

22,000

22,000

All investments 1991- 2009

Agribusiness

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Bulgaria

Direct
investment

Bulgaria

Description

Sector

Bulgarian Telecom Mezzanine Co-investment Facility

Facility supporting Advent Internationals


purchase of a 65 per cent stake in Bulgarian
Telecom.

Telecoms,
Private
informatics and
media

2004

118,000

43,949

43,949

Regional
investment

Black Sea Fund

Equity investment in medium-sized local


enterprises and facilitation of foreign direct
investment in the region.

Equity funds

Private

2002

8,274

2,518

2,518

Bulgaria

Direct
investment

Paper Factory Stambolijski


(PFS)

Acquisition of paper and sack production assets Manufacturing


of Celhart.
and services

Private

2002

36,311

12,417

6,209

18,626

Bulgaria

Direct
investment

Boliari

Expansion of supermarket operations in Varna


and Bourgas.

Agribusiness

Private

2004

14,500

9,000

1,500

10,500

Bulgaria

Regional
investment

Billa

Expansion of supermarket chain.

Agribusiness

Private

2003

53,910

6,750

6,750

Bulgaria

Direct
investment

EU/EBRD SME Finance


Facility

United Bulgarian Bank

Financing for small and medium-sized


enterprises.

Bank lending

Private

2002

20,000

20,000

20,000

Bulgaria

Direct
investment

EU/EBRD SME Finance


Facility

DSK Bank

Credit lines for on-lending to small and medium- Bank lending


sized businesses.

Private

2004

10,000

10,000

10,000

Bulgaria

Direct
investment

EU/EBRD SME Finance


Facility

Raiffeisen Bank Bulgaria

Financing for small and medium-sized


enterprises.

Bank lending

Private

2002

10,000

3,500

3,500

Bulgaria

Regional
investment

Heitman Central Europe


Property Partners Fund

Investment in property projects, primarily office


buildings, warehousing/distribution and retail
shopping centres.

Property and
tourism

Private

2002

7,547

2,450

2,450

Bulgaria

Regional
investment

EU/EBRD SME Finance


Facility

Global Growth Fund

Financing for small and medium-sized


enterprises.

Equity funds

Private

2003

10,375

3,250

3,250

All investments 1991- 2009

Sub project

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Bulgaria

Direct
investment

Bulgaria

Description

Sector

Portfolio
Class

Bulgarian Post Bank mortgage line

Credit line providing long-term mortgage loans.

Bank lending

Private

2003

15,000

15,000

15,000

Direct
investment

US/EBRD SME Finance


Facility

ProCredit Bank

Equity investment in ProCredit Bank Bulgaria and Small business Private


financing for micro and small enterprises.
finance

2003

6,136

1,227

1,227

Bulgaria

Regional
investment

Raiffeisen International

Equity investment supporting growth of Raiffeisen Bank equity


International's business in Bosnia and
Herzegovina.

Private

2004

10,000

5,000

5,000

Bulgaria

Direct
investment

Bulgarian Telecommunications Company

Privatisation of Bulgarian fixed-line


telecommunications operator.

Telecoms,
Private
informatics and
media

2003

138,000

13,000

13,000

Bulgaria

Regional
investment

International Water United


Utilities

Acquisition of three water utility companies.

Municipal and
environmental
infrastructure

Private

2003

13,688

4,988

4,988

Bulgaria

Regional
investment

TUI advance payments

Upgrade and expansion of hotels in Bulgaria.

Property and
tourism

Private

2003

33,210

33,210

33,210

Bulgaria

Direct
investment

Opet-Aygaz Bulgaria

Expansion of operations through the acquisition


of petrol stations and investment in greenfield
sites.

Natural
Resources

Private

2003

73,300

20,000

20,000

Bulgaria

Regional
investment

Polish Enterprise Fund V

Private equity fund investing in enterprises in


Bulgaria.

Equity funds

Private

2004

4,650

4,650

4,650

Bulgaria

Regional
investment

Advent Central and Eastern


Europe Successor Fund

Private equity fund investing in Bulgaria.

Equity funds

Private

2004

49,571

7,500

7,500

Bulgaria

Direct
investment

TBI AD

Restructuring of insurance and pension provider. Insurance and


financial
services

Private

2003

15,252

7,626

7,626

15,252

All investments 1991- 2009

Sub project

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Bulgaria

Direct
investment

TBIF Bulgaria AD

Restructuring of insurance and pension provider. Insurance and


financial
services

Private

2003

917

917

917

Bulgaria

Direct
investment

Herfstzon

Restructuring of insurance and pension provider. Insurance and


financial
services

Private

2003

4,828

4,828

4,828

Bulgaria

Regional
investment

Southeast Europe Equity Fund II

Equity fund investing in private funds in southeastern Europe.

Equity funds

Private

2005

7,247

7,247

7,247

Bulgaria

Direct
investment

Energy efficiency and


renewable energy facility

UBB

Credit lines to UBB for on-lending to industrial


energy efficiency and small renewable energy
projects.

Bank lending

Private

2004

25,000

25,000

25,000

Bulgaria

Direct
investment

Energy efficiency and


renewable energy facility

BPB

Credit lines to BPB for on-lending to industrial


energy efficiency and small renewable energy
projects.

Bank lending

Private

2004

15,000

10,000

10,000

Bulgaria

Direct
investment

US/EBRD SME Finance


Facility

ProCredit Bank

Equity investment in ProCredit Bank Bulgaria and Small business Private


financing for micro and small enterprises.
finance

2004

14,076

3,515

3,515

7,030

Bulgaria

Direct
investment

Burgas Water Company

Upgrading and expansion of the Burgas regional Municipal and


water companys infrastructure.
environmental
infrastructure

State

2005

21,100

11,000

11,000

Bulgaria

Regional
investment

Migros Foodstores Skopje

Expansion of retailers operations in Bulgaria and Agribusiness


FYR Macedonia.

Private

2004

157

102

102

Bulgaria

Direct
investment

North-eastern Bulgaria
electricity distribution
companies

Support for the privatisation of two electricity


distribution companies.

Private

2005

16,800

16,800

16,800

Bulgaria

Direct
investment

EU/EBRD SME Finance


Facility

Hebros Bank

Credit lines for on-lending to small and medium- Bank lending


sized businesses.

Private

2004

6,000

6,000

6,000

All investments 1991- 2009

Sector

Power and
energy

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Bulgaria

Direct
investment

Energy efficiency and


renewable energy facility

Unionbank

Credit lines to Unionbank for on-lending to


Bank lending
industrial energy efficiency and small renewable
energy projects.

Private

2004

8,000

8,000

8,000

Bulgaria

Direct
investment

EU/EBRD Rural Finance


Facility

UBB

Credit line for on-lending to small and mediumsized agribusinesses.

Bank lending

Private

2004

10,000

10,000

10,000

Bulgaria

Direct
investment

Energy efficiency and


renewable energy facility

Biochim

Credit lines to Biochim for on-lending to industrial Bank lending


energy efficiency and small renewable energy
projects.

Private

2004

7,000

7,000

7,000

Bulgaria

Direct
investment

EU/EBRD SME Finance


Facility

Hebros Leasing II

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

Insurance and
financial
services

Private

2006

5,000

5,000

5,000

Bulgaria

Regional
investment

Europolis II

Development of commercial property projects.

Property and
tourism

Private

2004

34,325

3,247

4,330

7,577

Bulgaria

Direct
investment

EU/EBRD SME Finance


Facility

Hebros Leasing

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

Insurance and
financial
services

Private

2004

5,000

5,000

5,000

Bulgaria

Direct
investment

Energy efficiency and


renewable energy facility

DSK Bank

Credit lines to DSK Bank for on-lending to


Bank lending
industrial energy efficiency and small renewable
energy projects.

Private

2004

10,000

10,000

10,000

Bulgaria

Direct
investment

EU/EBRD SME Finance


Facility

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

Private

2004

5,000

5,000

5,000

Bulgaria

Direct
investment

Belvedere

Bulgaria

Direct
investment

Bulgarian Telecom Mezzanine Co-investment Facility

All investments 1991- 2009

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

Investment in wine producer to strengthen


operations and increase export sales.

Agribusiness

Private

2005

28,101

7,714

1,286

9,000

Facility supporting Advent Internationals


purchase of a 65 per cent stake in Bulgarian
Telecom.

Telecoms,
Private
informatics and
media

2004

98,096

36,536

36,536

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Bulgaria

Direct
investment

Bulgaria

Sub project

Description

Sector

Portfolio
Class

Bulgarian Telecom Mezzanine Co-investment Facility

Facility supporting Advent Internationals


purchase of a 65 per cent stake in Bulgarian
Telecom.

Telecoms,
Private
informatics and
media

Direct
investment

Energy efficiency and


renewable energy facility

Bulbank

Credit lines to Bulbank for on-lending to industrial Bank lending


energy efficiency and small renewable energy
projects.

Bulgaria

Direct
investment

Sunny Travel

Bulgaria

Regional
investment

Global Property Fund

Bulgaria

Direct
investment

Bulgaria

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

2004

40,000

3,500

3,500

Private

2004

10,000

10,000

10,000

Completion of Hermitage Grand Hotel in Golden Property and


Sands.
tourism

Private

2005

37,563

12,188

12,188

Equity investment in property.

Private

2005

45,000

10,350

10,350

Sviloza pulp mill

Increase in production, improvements in energy Manufacturing


efficiency and compliance with EU environmental and services
standards.

Private

2005

28,000

18,000

18,000

Direct
investment

Residential energy efficiency


credit line

UBB

Credit line for residential energy efficiency


improvements.

Bank lending

Private

2005

5,113

5,113

5,113

Bulgaria

Direct
investment

Residential energy efficiency


credit line

Bulbank

Energy efficiency investment.

Bank lending

Private

2006

2,500

2,500

2,500

Bulgaria

Direct
investment

Residential energy efficiency


credit line

DSK Bank

Credit line for residential energy efficiency


improvements.

Bank lending

Private

2005

10,000

10,000

10,000

Bulgaria

Regional
investment

Argus Capital Partners II

Private equity fund supporting medium-sized


enterprises. Successor to the Argus Capital
Partners fund.

Equity funds

Private

2005

3,000

3,000

3,000

Bulgaria

Direct
investment

Residential energy efficiency


credit line

Raiffeisenbank Bulgaria

Credit line for residential energy efficiency


improvements.

Bank lending

Private

2005

10,000

10,000

10,000

All investments 1991- 2009

Property and
tourism

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Bulgaria

Direct
investment

Vez Svoghe

Financing the construction of nine small hydro


power plants.

Power and
energy

Private

2007

101,802

34,001

34,001

Bulgaria

Direct
investment

Residential energy efficiency


credit line

Post Bank

Credit line for residential energy efficiency


improvements.

Bank lending

Private

2005

5,000

5,000

5,000

Bulgaria

Direct
investment

EU/EBRD SME Finance


Facility

SG Expressbank

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

Bank lending

Private

2006

10,022

10,022

10,022

Bulgaria

Direct
investment

EU/EBRD SME Finance


Facility

Union Leasing

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

Insurance and
financial
services

Private

2005

3,000

3,000

3,000

Bulgaria

Direct
investment

Rousse Water

Upgrades to improve financial and operational


performance of a regional water company.

Municipal and
environmental
infrastructure

State

2006

54,800

8,000

8,000

Bulgaria

Regional
investment

Emerging Europe
Convergence Fund II

Direct equity fund investing in central and eastern Equity funds


Europe.

Private

2005

6,000

6,000

6,000

Bulgaria

Direct
investment

EU/EBRD SME Finance


Facility

Raiffeisen Leasing Bulgaria Credit line for on-lending to small and mediumsized businesses.

Private

2006

20,000

20,000

20,000

Bulgaria

Regional
investment

7L Capital Partners

Private

2006

14,700

6,000

6,000

Bulgaria

Regional
investment

European Fund for Southeast Europe

Privately managed public/private investment fund Small business Private


which will provide financing for micro, small and finance
medium-sized businesses as well as housing and
rural finance in south-eastern Europe.

2006

2,000

2,000

2,000

Bulgaria

Direct
investment

Golden Yavor

Finance for the construction of a 250-room self


catering hotel.

2005

4,992

2,496

2,496

All investments 1991- 2009

Insurance and
financial
services

Regional private equity fund investing primarily in Equity funds


south-eastern Europe.

Property and
tourism

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Bulgaria

Regional
investment

SigmaBleyzer Southeast
European Fund IV CV

Private equity fund.

Equity funds

Private

2005

5,000

5,000

5,000

Bulgaria

Direct
investment

EU/EBRD SME Finance


Facility

Allianz Bulgaria Bank

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

Bank lending

Private

2006

10,000

10,000

10,000

Bulgaria

Regional
investment

SG AM Eastern Europe

Investment in consumer services and


manufacturing companies.

Equity funds

Private

2005

1,080

600

600

Bulgaria

Direct
investment

Boni

Improve quality of output and efficiency of local


meat-processing company.

Agribusiness

Private

2006

50,191

15,000

15,000

Bulgaria

Regional
investment

Bluehouse equity fund

Private

2006

7,627

1,250

1,250

Bulgaria

Regional
investment

Global Finance SEE Fund

Property and
Equity investment in Bluehouse Accession
tourism
Property, a fund acquiring, developing,
renovating, owning and managing property in
Bulgaria, Croatia, Moldova, Romania, Serbia and
Ukraine.
Regional private equity fund investing in south- Equity funds
eastern Europe.

Private

2007

19,252

19,212

19,212

Bulgaria

Regional
investment

GED Eastern Fund II

Private equity fund investing in small and medium Equity funds


sized businesses primarily in Bulgaria, Hungary
and Romania.

Private

2006

28,000

8,000

8,000

Bulgaria

Regional
investment

BSR Europe Co-Investment


Facility

Equity investment in a company developing


Property and
office, retail, residential and industrial real estate tourism
in Bulgaria.

Private

2006

11,000

3,850

3,850

Bulgaria

Regional
investment

Alpha CEE II

Diversified regional private equity fund dedicated Equity funds


to central and eastern Europe.

Private

2006

2,500

2,500

2,500

Bulgaria

Regional
investment

Royalton Partners II

Equity financing for local service providers.

Private

2007

7,500

7,500

7,500

All investments 1991- 2009

Equity funds

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Bulgaria

Regional
investment

Balkan Accession Fund

Finance provided to a private equity fund


investing in medium-sized businesses.

Equity funds

Private

2006

26,225

5,600

5,600

Bulgaria

Regional
investment

Europolis III

2006

32,175

2,730

4,095

6,825

Bulgaria

Direct
investment

Telelink

Property and
Private
Equity investment allowing the creation of a
regional portfolio of property assets in Bosnia and tourism
Herzegovina, Bulgaria, FYR Macedonia,
Montenegro, Romania, Russia, Serbia and
Ukraine.
Financing geographic expansion of an informationTelecoms,
Private
technology and telecommunications service.
informatics and
media

2006

10,104

1,035

2,070

3,104

Bulgaria

Direct
investment

Residential energy efficiency


credit line

ProCredit Bulgaria

Energy efficiency investment.

Bank lending

Private

2006

13,500

13,500

13,500

Bulgaria

Direct
investment

Energy efficiency and


renewable energy credit line

Raiffesenbank Bulgaria

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

Bank lending

Private

2006

20,000

20,000

20,000

Bulgaria

Regional
investment

AIG New Europe Fund II

Equity funds
Regional private equity fund investing in equity
and equity securities of companies in central and
south-eastern Europe, subsidiary of AIG Global
Investment Group.

Private

2006

5,000

5,000

5,000

Bulgaria

Regional
investment

Syntaxis Mezzanine Fund

Fund with a portfolio of Central European


investments, in various sectors.

Equity funds

Private

2007

2,600

2,500

2,500

Bulgaria

Direct
investment

Bulgarian FLAG Infrastructure Project

Loan for the upgrade of Bulgarian municipal


infrastructure.

Municipal and
environmental
infrastructure

State

2008

100,680

48,001

48,001

Bulgaria

Direct
investment

Stara Zagora Water

Investment to upgrade water supply


infrastructure.

Municipal and
environmental
infrastructure

State

2007

10,926

9,000

9,000

Bulgaria

Regional
investment

Accession Mezzanine Capital II -

Private

2007

40,000

8,000

8,000

All investments 1991- 2009

Private equity fund investing in central and south- Equity funds


eastern European as well as Russia and Ukraine.

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Bulgaria

Regional
investment

New Europe Venture Equity


Fund (NEVEQ)

Private equity fund investing in small and medium Equity funds


sized technology enterprises primarily located in
Bulgaria, FYR Macedonia and Romania.

Private

2007

8,000

8,000

8,000

Bulgaria

Direct
investment

Wienerberger Bulgaria

Expansion and modernisation of a brick-making


plant.

Manufacturing
and services

Private

2007

6,750

6,750

6,750

Bulgaria

Direct
investment

Plovdiv water

Investment to improve water and waste-water


facilities in Plovdiv.

Municipal and
environmental
infrastructure

State

2007

11,400

11,400

11,400

Bulgaria

Direct
investment

EU/EBRD Rural Finance


Facility

Raiffeisen Bank

Credit line for on-lending to rural customers.

Bank lending

Private

2007

20,000

20,000

20,000

Bulgaria

Direct
investment

EU/EBRD SME Finance


Facility

Piraeus Bank

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

Bank lending

Private

2007

15,000

10,000

10,000

Bulgaria

Direct
investment

Energy Efficiency and


Piraeus Bank
Renewable Energy Credit Line

Credit line for residential energy efficiency


improvements.

Bank lending

Private

2007

5,000

5,000

5,000

Bulgaria

Regional
investment

Caucasus Online

Debt and equity investment for construction of a Telecoms,


Private
high capacity sub-sea cable.
informatics and
media

2008

2,358

2,358

2,358

Bulgaria

Direct
investment

EU/EBRD SME Finance


Facility

Piraeus Leasing Bulgaria

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

Insurance and
financial
services

Private

2007

10,000

10,000

10,000

Bulgaria

Direct
investment

Bulgarian ESCO Fund (BEF)

Loan to facilitate energy efficiency improvements. Manufacturing


and services

Private

2007

7,000

7,000

7,000

Bulgaria

Direct
investment

Post Privatisation Fund

Investment in medium-sized private and


privatised enterprises, supported by EU Phare
technical cooperation funding.

Private

1997

8,706

8,706

8,706

All investments 1991- 2009

Sector

Equity funds

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Bulgaria

Regional
investment

I Fund

Co-financing for small and medium-sized


enterprises.

Equity funds

Private

1995

746

746

746

Bulgaria

Direct
investment

ProCredit Bank Bulgaria

Loan to enable support for micro and small


enterprises in Bulgaria.

Small business Private


finance

2008

20,000

20,000

20,000

Bulgaria

Regional
investment

EnerCap

Private equity fund dedicated to investing in


Power and
renewable energy and energy efficiency projects energy
in central and south-eastern Europe.

Private

2007

5,000

1,250

1,250

Bulgaria

Regional
investment

Advent Central and Eastern


Europe IV

Support investment into central and southeastern European and Ukrainian companies.

Equity funds

Private

2008

10,000

10,000

10,000

Bulgaria

Direct
investment

EU Energy Efficiency
Framework

United Bulgarian Bank

Loan for on-lending to improve energy efficiency. Bank lending

Private

2007

5,000

5,000

5,000

Bulgaria

Direct
investment

EU Energy Efficiency
Framework

Unicredit Bulbank

Loan for on-lending to improve energy efficiency. Bank lending

Private

2007

15,000

15,000

15,000

Bulgaria

Regional
investment

ViaOne

Equity investment to support the commercial


launch and development of ViaOne Europa
Holding's software platforms.

Telecoms,
Private
informatics and
media

2008

3,387

2,000

2,000

Bulgaria

Direct
investment

Saint Nikola Wind Farm

Loan to aid construction of a new wind farm.

Power and
energy

Private

2008

259,118

67,843

67,843

Bulgaria

Direct
investment

EU/EBRD SME Extension 7

Eurobank EFG Bulgaria

On-lending to small and micro enterprises in


Bulgaria.

Bank lending

Private

2008

25,000

7,000

7,000

Bulgaria

Regional
investment

ARX Private Equity Fund

Support for investment to companies operating in Equity funds


central and south-eastern Europe.

Private

2008

6,000

6,000

6,000

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Bulgaria

Direct
investment

Bulgaria

Description

Sector

Portfolio
Class

Globe Trade Centre - Galeria Stara Zagora

Loan to build a new commercial centre in Stara


Zagora.

Property and
tourism

Private

2008

54,601

17,100

17,100

Regional
investment

CEE Special Situations Fund

CRG Capital

Investment in an equity fund managed by CRG


Partners targeting distressed and underperforming companies.

Equity funds

Private

2009

3,000

3,000

3,000

Bulgaria

Regional
investment

Caucasus Online

Investment in an internet service provider and


sub-sea cable operator.

Private
Telecoms,
informatics and
media

2009

69

69

69

Bulgaria

Direct
investment

EU/EBRD SME

SG Expressbank

Loan extension to support local small businesses. Bank lending

Private

2008

5,000

5,000

5,000

Bulgaria

Direct
investment

Energy Efficiency and


UniCredit Bulbank
Renewable Energy Credit Line
Framework extension 2

Credit line for on-lending to energy efficiency


projects.

Bank lending

Private

2009

15,000

5,000

5,000

Bulgaria

Direct
investment

Energy Efficiency and


United Bulgarian Bank
Renewable Energy Credit Line
Framework extension 2

Credit line for on-lending to energy efficiency


projects.

Bank lending

Private

2009

15,000

7,500

7,500

Bulgaria

Regional
investment

European Fund for SouthEast Europe II

Support to financial institutions for on-lending to Small business Private


MSMEs, as well as for housing and rural finance. finance

2009

11,550

1,650

1,650

Bulgaria

Direct
investment

Sofia electrical public transport -

Procurement of trolleybuses and upgrade of


electrical substations.

State

2009

18,000

18,000

18,000

Bulgaria

Direct
investment

Hebros Bus Urban Transport

Loan to Hebros Bus to finance fleet renewal and Municipal and


expansion.
environmental
infrastructure

Private

2009

8,174

5,874

5,874

Bulgaria

Regional
investment

Syntaxis Mezzanine Fund II

Equity in a regional fund which aims to strengthen Equity funds


corporate governance and build institutions.

Private

2009

45,000

9,000

9,000

All investments 1991- 2009

Sub project

Municipal and
environmental
infrastructure

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Bulgaria

Regional
investment

Resource Eastern European


Equity Partners I

Support for institution building and expansion of


private equity, business improvement and best
ethics and governance.

Equity funds

Private

2009

4,200

1,250

1,250

Bulgaria

Direct
investment

Unicredit Group

Unicredit Bulbank

Medium and long-term debt financing in support Bank lending


of SMEs, lease finance and energy efficiency
projects.

Private

2009

50,000

50,000

50,000

Bulgaria

Direct
investment

Fama

A mezzanine loan to Fama, to finance the


companys investment programme.

Agribusiness

Private

2009

8,000

5,500

5,500

Bulgaria

Regional
investment

Heitman Eastern European


Property Fund

An equity investment into Heitman European


Property Partners IV, an investment vehicle
pursuing long-term capital appreciation through
real estate investments.

Property and
tourism

Private

2009

68,325

11,250

11,250

Bulgaria

Direct
investment

Kaufland

The EBRD is providing a loan to Kaufland to


finance the expansion of their compact discount
hypermarket format in Bulgaria.

Agribusiness

Private

2009

110,000

60,000

60,000

Croatia

Direct
investment

Highway reconstruction

Construction of highway between Ostrovica and Transport


Delnice.

State

1995

187,675

36,196

36,196

Croatia

Direct
investment

Air navigation system upgrade -

Provision of radar and navigation equipment.

Transport

State

1994

16,600

13,687

13,687

Croatia

Direct
investment

Electricity network
reconstruction

War-damage reconstruction of power network.

Power and
energy

State

1995

49,015

32,211

32,211

Croatia

Direct
investment

Zagrebacka Banka

Credit line supporting small and medium-sized


enterprises.

Bank lending

Private

1995

24,293

19,754

19,754

Croatia

Regional
investment

East European Food Fund

Investment fund focusing on food and beverage


sector.

Agribusiness

Private

1995

17,430

4,114

4,114

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Croatia

Direct
investment

Pliva

Expansion of antibiotic production capacity and


support for expenditure programme.

Manufacturing
and services

Private

1995

84,868

30,752

15,376

46,128

Croatia

Direct
investment

Municipal environmental
investment programme

Expansion and improvement of waste-water and Municipal and


water supply treatment network and services.
environmental
infrastructure

State

1996

122,490

31,575

31,575

Croatia

Direct
investment

Agribusiness credit line

Dalmatinska Banka

Credit line to assist small and medium-sized


enterprises in the agribusiness sector.

Bank lending

Private

1995

10,226

10,226

10,226

Croatia

Direct
investment

Podravka

Construction of food seasoning production plant. Agribusiness

Private

1998

149,091

25,515

25,515

Croatia

Direct
investment

Agribusiness credit line

Agro-Obrtnicka Banka

Credit line to assist small and medium-sized


enterprises in the agribusiness sector.

Bank lending

Private

1995

5,186

5,186

5,186

Croatia

Direct
investment

Croatia wholesale market

Development of market distribution system for


fresh produce.

Agribusiness

State

1997

16,982

3,204

3,204

Croatia

Direct
investment

Tourism credit line

Credit line to finance repairs and upgrade tourist Bank lending


facilities.

Private

1996

25,565

25,565

25,565

Croatia

Direct
investment

Varazdinska Banka

Increase funding to support anticipated growth in Bank equity


lending and investment operations.

Private

1996

11,868

7,912

3,956

11,868

Croatia

Direct
investment

Zagrebacka Banka

Purchase of information technology equipment.

Bank lending

Private

1995

3,068

2,494

2,494

Croatia

Direct
investment

Panonska Pivovara

Restructuring of Croatias largest food company. Agribusiness

Private

1996

62,071

16,873

16,873

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Croatia

Direct
investment

Slavonska Banka Osijek

Equity investment and five-year cross-currency


convertible bank-to-bank loan.

Bank equity

Private

1998

24,352

4,879

9,758

14,637

Croatia

Direct
investment

HVB Croatia

Equity investment in HVB Croatia.

Bank equity

Private

1996

13,871

2,897

2,897

Croatia

Direct
investment

Hypo Banka Croatia

Equity investment in Hypo Banka Croatia.

Bank equity

Private

1997

10,862

3,269

3,269

Croatia

Direct
investment

Dalmatinska Banka

Credit line to assist small and medium-sized


enterprises.

Bank lending

Private

1996

7,459

7,459

7,459

Croatia

Direct
investment

Croatia SME Finance Facility

Erste and Steiermaerkische Financing for small and medium-sized


Bank
enterprises.

Bank lending

Private

1996

5,011

5,011

5,011

Croatia

Direct
investment

Croatia SME Finance Facility

Alpe Jadran Banka

Financing for small and medium-sized


enterprises.

Bank lending

Private

1996

5,113

5,113

5,113

Croatia

Direct
investment

Zagreb solid waste


management programme

Completion of two landfills.

Municipal and
environmental
infrastructure

State

1998

47,588

23,974

23,974

Croatia

Direct
investment

Zagreb waste-water treatment plant

Construction and operation of waste-water


treatment plant.

Municipal and
environmental
infrastructure

Private

2001

326,709

42,200

42,200

Croatia

Direct
investment

Croatia Capital Partnership Ltd -

Equity fund benefiting small and medium-sized


enterprises undergoing privatisation.

Equity funds

Private

1997

23,438

4,713

4,713

Croatia

Direct
investment

Croatia SME Finance Facility

Bank lending

Private

1997

7,370

7,370

7,370

All investments 1991- 2009

Erste and Steiermaerkische Financing for small and medium-sized


Bank
enterprises.

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Croatia

Direct
investment

Croatia SME Finance Facility

Medimurska Banka

Financing for small and medium-sized


enterprises.

Bank lending

Private

1997

5,113

5,113

5,113

Croatia

Direct
investment

Railways rehabilitation

Restructuring and commercialisation of Croatian Transport


railways and upgrade of locomotive fleet.

State

1998

151,814

24,274

24,274

Croatia

Regional
investment

Advent Central and Eastern


Europe Fund II

Private equity fund supporting small and medium- Equity funds


sized enterprises in central and eastern Europe.

Private

1997

8,893

3,488

3,488

Croatia

Direct
investment

Mortgage Finance Facility

Zagrebacka Banka

Credit line providing long-term mortgage loans.

Bank lending

Private

1998

51,129

17,155

17,155

Croatia

Regional
investment

AIG New Europe Fund

Private equity fund investing in central and


eastern Europe.

Equity funds

Private

1999

11,686

2,303

2,303

Croatia

Direct
investment

INA Rijeka refinery


environmental rehabilitation

Upgrade of waste-water treatment and hazardous Natural


waste management facilities to improve
Resources
environmental performance.

Private

2001

31,712

31,712

31,712

Croatia

Direct
investment

UNIQA Osiguranje

Expansion of leading Austrian insurance


company's operations.

Insurance and
financial
services

Private

1999

1,835

1,835

1,835

Croatia

Direct
investment

HVB Croatia

Equity investment in HVB Croatia.

Bank equity

Private

1998

22,424

4,552

4,552

Croatia

Direct
investment

VIP-Net I

Construction and operation of second national


GSM 900 mobile phone network.

Telecoms,
Private
informatics and
media

1999

341,900

22,372

22,372

Croatia

Direct
investment

Rijeka sewerage services


improvement programme

Design and construction of sewerage subsystem, comprising a main collector and nine
pumping stations.

Municipal and
environmental
infrastructure

1999

8,840

8,100

8,100

All investments 1991- 2009

State

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Croatia

Direct
investment

Erste Pension Fund

Pension fund managing mandatory contributions Insurance and


made by individuals.
financial
services

Private

2000

4,167

1,519

1,519

Croatia

Regional
investment

Private Equity Fund Facility

Trigranit

Equity investment in leading commercial property Property and


developer and operator.
tourism

Private

1999

3,267

680

680

Croatia

Direct
investment

Croatia SME Finance Facility

Erste and Steiermaerkische Financing for small and medium-sized


Bank
enterprises.

Bank lending

Private

1999

7,700

7,700

7,700

Croatia

Direct
investment

Croatia SME Finance Facility

Erste and Steiermaerkische Financing for small and medium-sized


Bank
enterprises.

Bank lending

Private

1999

3,600

3,600

3,600

Croatia

Direct
investment

Nasice Cement

Upgrade of cement kiln and provision of financing Manufacturing


for potential acquisitions.
and services

Private

2000

40,000

15,000

15,000

Croatia

Direct
investment

Agrokor

Restructuring of Croatias largest food company. Agribusiness

Private

2000

149,999

57,999

57,999

Croatia

Direct
investment

Pliva research facility

Construction of research institute developing


pharmaceutical substances.

Private

2000

71,572

17,338

17,338

Croatia

Regional
investment

EU/EBRD SME Finance


Facility

Euroventures Danube

Private equity fund supporting small and medium- Equity funds


sized enterprises.

Private

2001

283

29

29

Croatia

Direct
investment

Port of Dubrovnik infrastructure modernisation project

Extension of berth area in the port of Gruz,


Dubrovnik, to accommodate more and larger
vessels.

Transport

State

2005

41,700

26,500

26,500

Croatia

Direct
investment

Council of Europe
Development Bank (CEDB) cofinancing facility

Credit line to assist small and medium-sized


enterprises.

Bank lending

Private

2001

14,000

6,000

6,000

All investments 1991- 2009

Sector

Manufacturing
and services

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Croatia

Regional
investment

TBIH Financial Services

Expansion of insurance and pension operations inInsurance and


central and eastern Europe.
financial
services

Private

2000

6,711

1,347

2,693

4,040

Croatia

Direct
investment

Bank Austria Framework

HVB Bank Croatia

Expansion of small and medium-sized enterprise Bank lending


financing and mortgage lending.

Private

2000

4,990

4,990

4,990

Croatia

Regional
investment

Innova/3

Private equity fund supporting small and medium- Equity funds


sized enterprises.

Private

2001

9,416

1,116

1,116

Croatia

Direct
investment

VIP-Net II

Extension of syndicated loan facility enabling


construction and operation of second national
GSM 900 mobile phone network.

Telecoms,
Private
informatics and
media

2001

154,884

2,084

2,084

Croatia

Direct
investment

Getro

Expansion of retail operations in Croatia, mainly Agribusiness


cash and carry and discount outlets.

Private

2002

124,990

41,537

3,461

44,998

Croatia

Direct
investment

Mortgage Finance Facility

PBZ

Credit line providing long-term mortgage loans.

Private

2001

40,000

40,000

40,000

Croatia

Direct
investment

Uljanik Shipyard

A guarantee facility to assist in the construction of Transport


a new tanker at the state-owned Uljanik Shipyard.

State

2001

22,301

7,969

7,969

Croatia

Direct
investment

GlobalNET

Development of ISPs customer base.

Telecoms,
Private
informatics and
media

2001

3,088

1,770

1,770

Croatia

Direct
investment

Vetropack

Renovation and expansion of glass production


plant.

Agribusiness

Private

2001

67,800

12,500

12,500

Croatia

Direct
investment

UNIQA Osiguranje

Expansion of leading Austrian insurance


company's operations.

Insurance and
financial
services

Private

2003

5,345

1,342

1,342

All investments 1991- 2009

Sector

Bank lending

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Croatia

Direct
investment

Autocesta Rijeka-Zagreb

Construction of two key sections of the M12


motorway.

Transport

State

2001

140,000

60,000

60,000

Croatia

Direct
investment

Privredna Banka Zagreb

Acquisition of up to 22 per cent of ordinary shares Bank equity


and voting rights, as part of the final phase of
privatisation.

Private

2002

114,337

114,337

114,337

Croatia

Direct
investment

RZB Croatia

Credit line supporting small and medium-sized


enterprises.

Bank lending

Private

2002

30,000

10,000

10,000

Croatia

Direct
investment

Area control centre project

Renewal of main air traffic control centre.

Transport

State

2002

54,824

24,944

24,944

Croatia

Direct
investment

Warehouse Receipt
Programme

Zagrebacka Banka

Expansion of Croatian grain export market


through pre-financing and short-term lending
against warehouse receipts for agribusiness
companies, farmers and traders.

Agribusiness

Private

2002

71,400

25,000

25,000

Croatia

Direct
investment

Erste and Steiermaerkische


Bank

Financing for small and medium-sized


enterprises.

Bank lending

Private

2002

20,000

20,000

20,000

Croatia

Direct
investment

Motorway rehabilitation

Improvements to the European Corridor X


motorway from Zabok to Brodski Stupnik.

Transport

State

2002

123,854

45,254

45,254

Croatia

Direct
investment

HVB Croatia

Credit line providing long-term mortgage loans.

Bank lending

Private

2003

15,000

5,000

5,000

Croatia

Direct
investment

VIP-Net corporate loan facility -

Development of essential telecommunications


infrastructure.

Telecoms,
Private
informatics and
media

2002

143,240

19,240

19,240

Croatia

Direct
investment

Warehouse Receipt
Programme

Short-term lending against warehouse receipts Agribusiness


for agribusiness companies, farmers and traders.

2003

71,400

25,000

25,000

All investments 1991- 2009

Zagrebacka Banka

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Croatia

Direct
investment

Corridor 10 motorway

Upgrade of Trans-European Corridor 10 to a four- Transport


lane motorway.

State

2003

108,984

44,984

44,984

Croatia

Direct
investment

Rijeka bypass

Completion of a bypass to ease traffic congestion Transport


and facilitate movement.

State

2006

143,640

40,000

40,000

Croatia

Direct
investment

Nasice Cement expansion


facility

Acquisition of construction material producers


and modernisation of production lines.

Private

2003

56,499

20,000

20,000

Croatia

Regional
investment

Raiffeisen International

Equity investment supporting growth of Raiffeisen Bank equity


International's business in Bosnia and
Herzegovina.

Private

2004

10,000

5,000

5,000

Croatia

Direct
investment

Zagreb solid waste


management programme

Completion of two landfills.

Municipal and
environmental
infrastructure

State

2003

30,000

17,100

17,100

Croatia

Regional
investment

TUI advance payments

Upgrade and expansion of hotels in Croatia.

Property and
tourism

Private

2003

4,050

4,050

4,050

Croatia

Direct
investment

Mortgage Finance Facility

Zagrebacka Banka

Credit line providing long-term mortgage loans.

Bank lending

Private

2004

50,000

50,000

50,000

Croatia

Direct
investment

EU/EBRD Municipal Finance


Facility

Zagrebacka Banka

Support for municipalities and infrastructure


projects.

Bank lending

Private

2003

11,100

10,000

10,000

Croatia

Direct
investment

Dubrovnik urban transport


development project

Acquisition of 40 buses.

Municipal and
environmental
infrastructure

State

2004

10,800

6,550

6,550

Croatia

Regional
investment

Southeast Europe Equity Fund II

Equity fund investing in private funds in southeastern Europe.

Equity funds

Private

2005

3,624

3,624

3,624

All investments 1991- 2009

Sector

Manufacturing
and services

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Croatia

Regional
investment

Europolis II

Development of commercial property projects.

Property and
tourism

Private

2004

34,325

3,247

4,330

7,577

Croatia

Direct
investment

Agricultural Commodity
Financing Programme

Zagrebacka Banka

Commodity financing for small and medium-sized Agribusiness


agribusinesses.

Private

2004

71,400

25,000

25,000

Croatia

Direct
investment

Karlovac waste-water
management project

Beginning construction of a waste-water


treatment plant and upgrade and extension of
existing sewerage network.

Municipal and
environmental
infrastructure

State

2005

36,000

10,000

10,000

Croatia

Direct
investment

Autocesta Rijeka-Zagreb

Upgrading of a road to full motorway status.

Transport

State

2006

346,600

50,000

50,000

Croatia

Regional
investment

Argus Capital Partners II

Private equity fund supporting medium-sized


enterprises. Successor to the Argus Capital
Partners fund.

Equity funds

Private

2005

200

200

200

Croatia

Direct
investment

Ploce port

Finance for civil works and supply of heavy lift


Transport
cranes for work to Ploce port's new bulk terminal.

State

2007

91,000

11,200

11,200

Croatia

Regional
investment

Emerging Europe
Convergence Fund II

Direct equity fund investing in central and eastern Equity funds


Europe.

Private

2005

6,000

6,000

6,000

Croatia

Direct
investment

EU/EBRD SME Finance


Facility

Raiffeisen Leasing Croatia Credit line for on-lending to small and mediumsized businesses.

Insurance and
financial
services

Private

2006

20,000

20,000

20,000

Croatia

Regional
investment

Capital Media

Long-term financing enabling extension of


operations for TV broadcaster operating in
central and eastern Europe.

Telecoms,
Private
informatics and
media

2006

4,000

2,000

2,000

Croatia

Direct
investment

EU/EBRD SME Finance


Facility

Erste Leasing Croatia

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

Insurance and
financial
services

2007

10,000

10,000

10,000

All investments 1991- 2009

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Croatia

Regional
investment

European Fund for Southeast Europe

Croatia

Direct
investment

EU/EBRD SME Finance


Facility

Hrvatska postanska banka Credit line for on-lending to small and mediumsized businesses.

Bank lending

Croatia

Regional
investment

SG AM Eastern Europe

Investment in consumer services and


manufacturing companies.

Croatia

Regional
investment

Bluehouse equity fund

Croatia

Regional
investment

BSR Europe Co-Investment


Facility

Croatia

Regional
investment

Royalton Partners II

Croatia

Direct
investment

Croatia

Portfolio
Class

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

2006

2,000

2,000

2,000

Private

2006

10,000

10,000

10,000

Equity funds

Private

2005

5,400

3,000

3,000

Equity investment in Bluehouse Accession


Property, a fund acquiring, developing,
renovating, owning and managing property in
Bulgaria, Croatia, Moldova, Romania, Serbia and
Ukraine.
Equity investment in a company developing
office, retail, residential and industrial real estate
in Croatia.

Property and
tourism

Private

2006

15,253

2,500

2,500

Property and
tourism

Private

2006

10,000

3,500

3,500

Equity financing for local service providers.

Equity funds

Private

2007

5,000

5,000

5,000

Agrokor

Investment in the countrys leading food retailer, Agribusiness


encouraging regional growth.

Private

2006

110,000

110,000

110,000

Direct
investment

Pula Urban Transport

Loan to renovate bus fleet.

Municipal and
environmental
infrastructure

State

2006

6,600

5,000

5,000

Croatia

Regional
investment

Balkan Accession Fund

Finance provided to a private equity fund


investing in medium-sized businesses.

Equity funds

Private

2006

15,735

3,360

3,360

Croatia

Direct
investment

Privredna Banka Zagreb

Equity investment to promote growth of a


successful commercial bank.

Bank equity

Private

2006

53,069

53,069

53,069

All investments 1991- 2009

Privately managed public/private investment fund Small business Private


which will provide financing for micro, small and finance
medium-sized businesses as well as housing and
rural finance in south-eastern Europe.

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Croatia

Regional
investment

Clean Globe International Oil


Spill Protection

Establishment of crude oil spill response centres Natural


Resources
in key locations in the Banks countries of
operations and provision of regional training,
prevention and remedial services

Private

2007

7,505

425

425

Croatia

Regional
investment

AIG New Europe Fund II

Equity funds
Regional private equity fund investing in equity
and equity securities of companies in central and
south-eastern Europe, subsidiary of AIG Global
Investment Group.

Private

2006

5,000

5,000

5,000

Croatia

Regional
investment

Syntaxis Mezzanine Fund

Fund with a portfolio of Central European


investments, in various sectors.

Equity funds

Private

2007

2,600

2,500

2,500

Croatia

Regional
investment

GS Hotels and Resort (Loan)

Loan to leading local hospitality group, based in


Dubrovnik.

Property and
tourism

Private

2007

86,048

25,888

25,888

Croatia

Regional
investment

Accession Mezzanine Capital II -

Private equity fund investing in central and south- Equity funds


eastern European as well as Russia and Ukraine.

Private

2007

10,000

2,000

2,000

Croatia

Direct
investment

Velika Gorica Urban Transport -

Loan to improve communal services in Velika


Gorica.

Municipal and
environmental
infrastructure

State

2008

9,530

9,000

9,000

Croatia

Direct
investment

EU/EBRD SME Finance


Facility

Raiffeisen Bank

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

Bank lending

Private

2007

10,000

10,000

10,000

Croatia

Regional
investment

Clean Globe Oil Spill


Investment

Equity investment in oil spill response centres.

Natural
Resources

Private

2007

2,040

240

240

Croatia

Regional
investment

Capital Media

Development and restructuring of TV


broadcasting group.

Telecoms,
Private
informatics and
media

2007

2,000

1,000

1,000

Croatia

Regional
investment

GS Hotels and Resorts


(Equity)

Equity investment in local hospitality group.

Property and
tourism

2007

80,240

20,080

20,080

All investments 1991- 2009

Sector

Portfolio
Class

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Croatia

Direct
investment

Jadranka Hotels

Equity investment to finance the refurbishment


and modernisation of existing hotels and villas.

Property and
tourism

Private

2008

84,770

24,000

24,000

Croatia

Regional
investment

EnerCap

Private equity fund dedicated to investing in


Power and
renewable energy and energy efficiency projects energy
in central and south-eastern Europe.

Private

2007

10,000

2,500

2,500

Croatia

Direct
investment

Zagreb water

Upgrade and expansion of water and waste-water Municipal and


infrastructure.
environmental
infrastructure

State

2007

60,030

30,000

30,000

Croatia

Regional
investment

Advent Central and Eastern


Europe IV

Support investment into central and southeastern European and Ukrainian companies.

Equity funds

Private

2008

5,000

5,000

5,000

Croatia

Regional
investment

ViaOne

Equity investment to support the commercial


launch and development of ViaOne Europa
Holding's software platforms.

Telecoms,
Private
informatics and
media

2008

1,694

1,000

1,000

Croatia

Regional
investment

CEE Special Situations Fund

CRG Capital

Investment in an equity fund managed by CRG


Partners targeting distressed and underperforming companies.

Equity funds

Private

2009

1,000

1,000

1,000

Croatia

Direct
investment

Viro

Loan to modernise the sugar producer and to


privatise a state-owned sugar refinery.

Agribusiness

Private

2008

40,000

20,000

20,000

Croatia

Direct
investment

Eurocable equity investment

Equity investment to support expansion of a cable Manufacturing


producer.
and services

Private

2008

18,200

15,500

15,500

Croatia

Regional
investment

Asseco South Eastern Europe -

Participation in the initial public offering of an IT


company.

Telecoms,
Private
informatics and
media

2009

2,250

2,250

2,250

Croatia

Regional
investment

Syntaxis Mezzanine Fund II

Equity in a regional fund which aims to strengthen Equity funds


corporate governance and build institutions.

2009

45,000

9,000

9,000

All investments 1991- 2009

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Croatia

Direct
investment

Unicredit Group

Zagrebacka Banka

Credit line for UniCredit subsidiaries in support of Bank lending


SMEs, lease finance and energy efficiency
projects.

Private

2009

50,000

50,000

50,000

Croatia

Direct
investment

Trade Facilitation Programme Privredna Banka Zagreb

Subproject under the TFP for guarantee issuance Bank lending


and disbursements.

Private

2009

23,268

11,634

11,634

23,268

Croatia

Direct
investment

Privredna Banka Zagreb

Credit line for on-lending to small and mediumsized enterprises.

Bank lending

Private

2009

50,000

50,000

50,000

Croatia

Direct
investment

Plinacro

Financing for the acquisition of Podzemno


skladiste plina, which owns underground gas
storage facilities in Okoli.

Natural
Resources

State

2009

70,000

70,000

70,000

Croatia

Direct
investment

Spar

Loan to support Spar Croatia in the regional


expansion of its retail chain.

Agribusiness

Private

2009

47,000

25,000

25,000

Croatia

Regional
investment

Heitman Eastern European


Property Fund

An equity investment into Heitman European


Property Partners IV, an investment vehicle
pursuing long-term capital appreciation through
real estate investments.

Property and
tourism

Private

2009

13,665

2,250

2,250

Croatia

Regional
investment

Asseco South Eastern Europe -

Participation in the initial public offering of an IT


company.

Telecoms,
Private
informatics and
media

2009

1,050

1,050

1,050

Croatia

Regional
investment

Southeast Europe Energy


Efficiency Fund (SE4F)

Financing for energy efficiency projects through


local financial institutions.

Insurance and
financial
services

Private

2009

18,976

5,000

5,000

Czech
Republic

Direct
investment

Barum / Continental

Modernisation of tyre manufacturing plant and


distribution business.

Manufacturing
and services

Private

1994

155,661

29,578

29,578

Czech
Republic

Direct
investment

CZ-Cagiva

Modernisation of motorcycle and engine


manufacturer.

Manufacturing
and services

Private

1993

36,941

5,850

5,850

All investments 1991- 2009

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Czech
Republic

Direct
investment

Karosa Renault

Modernisation of city buses and intercity coaches Manufacturing


and upgrade of manufacturing operations.
and services

Private

1994

47,505

6,520

6,520

Czech
Republic

Direct
investment

Kabel Net

Private
Construction, development and operation of cable Telecoms,
television in the Czech Republic.
informatics and
media

1994

11,409

2,497

2,497

Czech
Republic

Regional
investment

Alliance ScanEast Fund

Private equity fund supporting industrial


companies.

Equity funds

Private

1994

6,936

2,455

2,455

Czech
Republic

Direct
investment

Cokoladovny

Expansion of food manufacturers operations.

Agribusiness

Private

1992

199,444

23,336

23,336

Czech
Republic

Regional
investment

Renaissance Fund

Venture capital fund supporting private


companies.

Equity funds

Private

1993

11,553

3,459

3,459

Czech
Republic

Direct
investment

Tatratex

Construction of casting facility.

Manufacturing
and services

Private

1993

2,042

817

817

Czech
Republic

Direct
investment

Ceskoslovenske Aerolinie
(CSA)

Privatisation of national air carrier and


modernisation of its fleet.

Transport

Private

1992

23,948

23,948

23,948

Czech
Republic

Direct
investment

Czech Telecommunications
Project

Development of digital overlay network and


expansion of telecommunications system.

Telecoms,
State
informatics and
media

1993

260,752

33,752

33,752

Czech
Republic

Direct
investment

Eurotel Praha

Construction of cellular networks and public


switched packet data networks.

Telecoms,
Private
informatics and
media

1992

46,813

7,629

7,629

Czech
Republic

Regional
investment

Czech and Slovak Investment Corp

Private equity fund supporting medium-sized


enterprises in the Czech and Slovak Republics.

Equity funds

1992

6,422

3,626

3,626

All investments 1991- 2009

Sector

Portfolio
Class

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Czech
Republic

Direct
investment

Thurn Taxis Dobrovice sugar


factory

Modernisation of sugar plant and expansion of


production capacity.

Agribusiness

Private

1993

30,093

4,194

4,194

Czech
Republic

Direct
investment

CES Uniweb (ING)

Redevelopment of weaving mill.

Manufacturing
and services

Private

1993

6,401

1,617

1,617

Czech
Republic

Regional
investment

New Europe East Investment


Fund

Equity fund supporting private companies and


joint ventures.

Equity funds

Private

1993

13,439

3,292

3,292

Czech
Republic

Regional
investment

Dun and Bradstreet

Development of business information services in Insurance and


central and eastern Europe.
financial
services

Private

1993

342

342

342

Czech
Republic

Direct
investment

Technolen WF

Modernisation of textile production facilities.

Manufacturing
and services

Private

1995

24,009

8,620

8,620

Czech
Republic

Direct
investment

Ceske Drahy - Czech railway


corridor

Modernisation and upgrade of railway line


connecting Prague to Vienna and Berlin.

Transport

State

1995

1,146,754

12,910

12,910

Czech
Republic

Regional
investment

Advent Private Equity Fund


Central Europe

Private equity fund supporting small and medium- Equity funds


sized enterprises in central and eastern Europe.

Private

1994

5,407

2,078

2,078

Czech
Republic

Direct
investment

Skoda Kovarny

Development of crankshafts.

Manufacturing
and services

Private

1995

23,115

13,355

13,355

Czech
Republic

Direct
investment

Regional Trade Facilitation


Programme

Komercni Banka

Support for foreign trade.

Bank lending

Private

1994

10,403

10,403

10,403

Czech
Republic

Direct
investment

Tesla - Y.S.

Modernisation of automotive component


production plant.

Manufacturing
and services

Private

1994

16,615

5,131

5,131

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Czech
Republic

Direct
investment

Investicni a Postovni Banka

Credit line for export financing companies.

Bank lending

Private

1995

5,395

5,395

5,395

Czech
Republic

Direct
investment

Sepap Steti

Investment in pulp and paper mill.

Manufacturing
and services

Private

1995

197,117

56,794

56,794

Czech
Republic

Regional
investment

MBA loan project

Financial support for students undertaking MBA


degrees at top-tier business schools.

Bank lending

Private

1995

1,023

326

245

571

Czech
Republic

Regional
investment

Advent International

Private equity fund supporting small and medium- Equity funds


sized Czech enterprises.

Private

1995

4,935

4,935

4,935

Czech
Republic

Direct
investment

Czech Private Equity Fund

Direct equity and equity-related investments in


medium-sized enterprises.

Private

1997

21,711

2,282

2,282

Czech
Republic

Regional
investment

Environmental Investment
Fund

Support for companies undertaking environment- Municipal and


related projects in the infrastructure sector.
environmental
infrastructure

Private

1997

4,400

1,000

1,000

Czech
Republic

Direct
investment

Winterthur multi-project facility -

Equity investment in Czech composite insurer.

Insurance and
financial
services

Private

1995

67,566

33,092

33,092

Czech
Republic

Regional
investment

DBG Osteuropa Holding


GmbH

Private equity fund supporting medium-sized


enterprises.

Equity funds

Private

1997

7,120

2,556

2,556

Czech
Republic

Direct
investment

Korado

Equity investment in radiator manufacturer.

Manufacturing
and services

Private

1997

150,779

29,866

29,866

Czech
Republic

Regional
investment

Baring Communications

Private equity fund targeting the media and


communications sector.

Telecoms,
Private
informatics and
media

1997

11,043

2,478

2,478

All investments 1991- 2009

Equity funds

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Czech
Republic

Direct
investment

SIS mutual funds

Investment in Sporobond and Sporotrend mutual Insurance and


funds, targeting domestic retail and corporate
financial
investors.
services

Czech
Republic

Regional
investment

Communication and
Information Technology Fund

Private equity fund targeting the media and


communications sector.

Czech
Republic

Regional
investment

Advent Central and Eastern


Europe Fund II

Private equity fund supporting small and medium- Equity funds


sized enterprises in central and eastern Europe.

Czech
Republic

Direct
investment

Brno waste-water treatment


plant

Extension and upgrade of the Brno-Modrice


waste-water treatment plant.

Czech
Republic

Direct
investment

Czech Direct Equity Fund

Direct equity and equity-related investments in


medium-sized enterprises.

Czech
Republic

Regional
investment

Innova/98

Czech
Republic

Regional
investment

Czech
Republic

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

Private

1997

40,199

9,725

9,725

Telecoms,
Private
informatics and
media

1999

10,536

3,185

3,185

Private

1997

5,929

2,326

2,326

Municipal and
environmental
infrastructure

Private

1999

82,799

27,500

27,500

Equity funds

Private

1998

33,129

8,505

8,505

Private equity fund supporting small and medium- Equity funds


sized enterprises.

Private

1998

8,571

1,988

1,988

AIG New Europe Fund

Private equity fund investing in central and


eastern Europe.

Equity funds

Private

1999

35,059

6,910

6,910

Regional
investment

Central and Eastern Europe


Power Fund

Investment in private sector projects in power


generation, transmission and district heating.

Power and
energy

Private

1999

4,288

1,307

1,307

Czech
Republic

Regional
investment

Emerging Europe Capital


Investors LDC

Direct equity fund investing in central and eastern Equity funds


Europe.

Private

1999

11,014

3,503

3,503

Czech
Republic

Direct
investment

Ceska Sporitelna

Equity investment in second-largest Czech bank. Bank equity

Private

1998

66,982

66,982

66,982

All investments 1991- 2009

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

Czech
Republic

Regional
investment

Energy Efficiency and


Emissions Reduction Fund

Equity financing for energy efficiency and


emission-reducing projects.

Power and
energy

Private

1999

10,650

3,000

3,000

Czech
Republic

Direct
investment

Ceskoslovenske Obchodni
Banka (CSOB)

Privatisation of CSOB.

Bank equity

Private

1999

177,015

125,000

125,000

Czech
Republic

Direct
investment

Uniqa Pojistovna

Equity investment in Czech composite insurer.

Insurance and
financial
services

Private

1999

2,804

2,804

2,804

Czech
Republic

Regional
investment

MBA loan project

Financial support for students undertaking MBA


degrees at top-tier business schools.

Bank lending

Private

1998

220

46

46

92

Czech
Republic

Direct
investment

European Property Group

Commercial property development.

Property and
tourism

Private

1999

133,912

24,705

24,705

Czech
Republic

Regional
investment

Heitman Central Europe


Property Partners Fund

Investment in property projects, primarily office


buildings, warehousing/distribution and retail
shopping centres.

Property and
tourism

Private

2000

33,183

9,152

9,152

Czech
Republic

Direct
investment

TIW Czech N.V

Private
Equity investment in wireless telecommunications Telecoms,
service provider.
informatics and
media

2001

294,465

30,373

30,373

Czech
Republic

Regional
investment

Argus Capital Partners

Private equity fund supporting medium-sized


enterprises.

Czech
Republic

Regional
investment

Czech
Republic

Regional
investment

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

Equity funds

Private

2000

38,931

8,607

8,607

Accession Mezzanine Capital -

Establishment of first dedicated mezzanine fund, Equity funds


supporting mature companies.

Private

2002

14,800

6,000

6,000

EU/EBRD SME Finance


Facility

Private equity fund supporting small and medium- Equity funds


sized enterprises.

Private

2000

5,400

450

450

All investments 1991- 2009

GIMV Czech and Slovak


SME Fund

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Czech
Republic

Direct
investment

Harpen district heating

Modernisation of district heating services and the Municipal and


provision of hot water.
environmental
infrastructure

Private

2000

41,125

16,171

16,171

Czech
Republic

Regional
investment

Raiffeisen EU Enlargement
Fund

Private equity fund supporting small and medium- Equity funds


sized enterprises in central and eastern Europe.

Private

2001

6,831

3,291

3,291

Czech
Republic

Regional
investment

DVI Inc

Provision of medical equipment for hospitals and Insurance and


diagnostic centres.
financial
services

Private

2001

4,260

1,130

1,130

Czech
Republic

Direct
investment

EU/EBRD SME Finance


Facility

Ceska Sporitelna

Financing for small and medium-sized


enterprises.

Bank lending

Private

2000

20,000

20,000

20,000

Czech
Republic

Regional
investment

Innova/3

Private equity fund supporting small and medium- Equity funds


sized enterprises.

Private

2001

37,665

4,465

4,465

Czech
Republic

Regional
investment

Private Equity Fund Facility

Trigranit

Equity investment in leading commercial property Property and


developer and operator.
tourism

Private

2001

2,874

577

577

Czech
Republic

Regional
investment

Spearhead International

Expansion of food suppliers operations.

Agribusiness

Private

2001

5,489

5,489

5,489

Czech
Republic

Direct
investment

Soufflet Malting Czech

Improvement of malt and barley production


efficiency.

Agribusiness

Private

2001

29,000

5,000

5,000

10,000

Czech
Republic

Regional
investment

IKB co-financing risk


participation agreement
(guarantee)

Unfunded risk participation facility for companies Bank lending


in the Czech Republic.

Private

2001

1,178

1,178

1,178

Czech
Republic

Direct
investment

Dalkia Usti Nad Labem

Refinancing of existing bonds in combined heat


and power (CHP) plant.

Private

2001

70,438

19,056

19,056

All investments 1991- 2009

Sector

Municipal and
environmental
infrastructure

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Czech
Republic

Direct
investment

Soufflet Malting Czech

Improvement of malt and barley production


efficiency.

Agribusiness

Private

2002

38,365

13,365

13,365

Czech
Republic

Regional
investment

DBG Osteuropa Holding


GmbH

Private equity fund supporting medium-sized


enterprises.

Equity funds

Private

2003

22,440

6,800

6,800

Czech
Republic

Direct
investment

Genesis Private Equity Fund

Private equity fund supporting small and medium- Equity funds


sized enterprises.

Private

2003

30,000

6,000

6,000

Czech
Republic

Direct
investment

EU/EBRD SME Finance


Facility

Raiffeisen

Financing for small and medium-sized


enterprises.

Bank lending

Private

2002

10,000

3,500

3,500

Czech
Republic

Direct
investment

TES Media

Acquisition of Intercable CZ, the second-largest


Czech cable TV operator, and development of
merged entity.

Telecoms,
Private
informatics and
media

2002

53,106

11,483

11,483

Czech
Republic

Regional
investment

Heitman Central Europe


Property Partners Fund

Investment in property projects, primarily office


buildings, warehousing/distribution and retail
shopping centres.

Property and
tourism

Private

2002

24,799

8,050

8,050

Czech
Republic

Direct
investment

Siemens SKV

Upgrade of rail car and train manufacturing plant. Transport

Private

2003

6,503

6,503

6,503

Czech
Republic

Regional
investment

Orco Aparthotels

Expansion of extended-stay hotel chain.

Property and
tourism

Private

2003

17,725

1,263

632

1,895

Czech
Republic

Regional
investment

Accession Fund

Property investments in the Czech Republic.

Property and
tourism

Private

2004

60,000

15,000

15,000

Czech
Republic

Direct
investment

EU/EBRD SME Finance


Facility

Raiffeisen Leasing

Financing for small and medium-sized


enterprises.

Insurance and
financial
services

Private

2003

5,000

5,000

5,000

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Czech
Republic

Direct
investment

EU/EBRD SME Finance


Facility

Ceska Sporitelna

Financing for small and medium-sized


enterprises.

Bank lending

Private

2003

10,000

10,000

10,000

Czech
Republic

Regional
investment

EU/EBRD SME Finance


Facility

SG Equipment Finance

Financing for small and medium-sized


enterprises.

Insurance and
financial
services

Private

2003

29,189

29,189

29,189

Czech
Republic

Direct
investment

Volksbank CZ subordinated
loan

Financing for individuals, small businesses and


municipalities.

Bank lending

Private

2003

10,000

10,000

10,000

Czech
Republic

Regional
investment

Raiffeisen International

Equity investment supporting growth of Raiffeisen Bank equity


International's business in Bosnia and
Herzegovina.

Private

2004

6,000

3,000

3,000

Czech
Republic

Regional
investment

Private Equity Fund Facility

Trigranit

Equity investment in leading commercial property Property and


developer and operator.
tourism

Private

2004

13,560

240

240

Czech
Republic

Regional
investment

Polish Enterprise Fund V

Private equity fund investing in enterprises in


Czech Republic.

Equity funds

Private

2004

2,790

2,790

2,790

Czech
Republic

Regional
investment

Advent Central and Eastern


Europe Successor Fund

Private equity fund investing in the Czech


Republic.

Equity funds

Private

2004

33,047

5,000

5,000

Czech
Republic

Direct
investment

Grandi Stazioni Ceska


Republika

Refurbishment and management of three railway Transport


stations.

Private

2004

31,300

3,800

3,800

Czech
Republic

Direct
investment

Spearhead (Eurofarms)

Expansion of food suppliers operations.

Agribusiness

Private

2003

5,391

5,391

5,391

Czech
Republic

Regional
investment

Europolis II

Development of commercial property projects.

Property and
tourism

Private

2004

17,162

1,624

2,165

3,788

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Czech
Republic

Direct
investment

EU/EBRD SME Finance


Facility

Komercni Banka

Financing for small and medium-sized


enterprises.

Bank lending

Private

2004

20,000

20,000

20,000

Czech
Republic

Direct
investment

Oskar Mobil

Financing of mobile operators GSM expenditure Telecoms,


Private
and upgrade of network technology.
informatics and
media

2004

325,000

25,000

25,000

Czech
Republic

Direct
investment

EU/EBRD SME Finance


Facility

Deutsche Leasing Ceska

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

Insurance and
financial
services

Private

2005

10,583

10,583

10,583

Czech
Republic

Direct
investment

EU/EBRD Rural Financing


Facility

S Morava Leasing Czech

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

Insurance and
financial
services

Private

2006

5,365

5,365

5,365

Czech
Republic

Regional
investment

TIW Czech N.V

Private
Equity investment in wireless telecommunications Telecoms,
service provider.
informatics and
media

2005

11,969

11,969

11,969

Czech
Republic

Regional
investment

Volia Voda

Equity investment in Volia Voda enabling it to


expand in central and eastern Europe, Russian
and Ukraine.

Municipal and
environmental
infrastructure

Private

2007

27,300

27,300

27,300

Czech
Republic

Regional
investment

Argus Capital Partners II

Private equity fund supporting medium-sized


enterprises. Successor to the Argus Capital
Partners fund.

Equity funds

Private

2005

4,000

4,000

4,000

Czech
Republic

Direct
investment

EU/EBRD Rural Financing


Facility

IMPULS-Leasing-AUSTRIA Credit line for on-lending to small and mediumsized businesses.

Insurance and
financial
services

Private

2006

5,303

5,303

5,303

Czech
Republic

Regional
investment

Emerging Europe
Convergence Fund II

Direct equity fund investing in central and eastern Equity funds


Europe.

Private

2005

4,200

4,200

4,200

Czech
Republic

Regional
investment

Volia Transport (formerly


Connex)

Equity funding to expand transport services.

Private

2005

47,048

15,298

15,298

All investments 1991- 2009

Municipal and
environmental
infrastructure

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Czech
Republic

Regional
investment

Capital Media

Long-term financing enabling extension of


operations for TV broadcaster operating in
central and eastern Europe.

Telecoms,
Private
informatics and
media

2006

16,000

8,000

8,000

Czech
Republic

Regional
investment

EU/EBRD Rural Financing


Facility

Societe Generale
Equipment Finance

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

Insurance and
financial
services

Private

2006

9,000

9,000

9,000

Czech
Republic

Regional
investment

SG AM Eastern Europe

Investment in consumer services and


manufacturing companies.

Equity funds

Private

2005

5,940

3,300

3,300

Czech
Republic

Regional
investment

Alpha CEE II

Diversified regional private equity fund dedicated Equity funds


to central and eastern Europe.

Private

2006

5,000

5,000

5,000

Czech
Republic

Regional
investment

Royalton Partners II

Equity financing for local service providers.

Equity funds

Private

2007

5,000

5,000

5,000

Czech
Republic

Direct
investment

EU/EBRD Mortgage Finance


Facility

Komercni banka

Credit facility for on-lending as medium to longterm loans.

Bank lending

Private

2006

10,000

10,000

10,000

Czech
Republic

Regional
investment

AIG New Europe Fund II

Equity funds
Regional private equity fund investing in equity
and equity securities of companies in central and
south-eastern Europe, subsidiary of AIG Global
Investment Group.

Private

2006

5,000

5,000

5,000

Czech
Republic

Regional
investment

Syntaxis Mezzanine Fund

Fund with a portfolio of Central European


investments, in various sectors.

Equity funds

Private

2007

2,600

2,500

2,500

Czech
Republic

Regional
investment

I Fund

Co-financing for small and medium-sized


enterprises.

Equity funds

Private

1995

2,984

2,984

2,984

Czech
Republic

Regional
investment

Capital Media

Development and restructuring of TV


broadcasting group.

Telecoms,
Private
informatics and
media

2007

8,000

4,000

4,000

All investments 1991- 2009

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Czech
Republic

Regional
investment

Advent Central and Eastern


Europe IV

Support investment into central and southeastern European and Ukrainian companies.

Equity funds

Private

2008

5,000

5,000

5,000

Czech
Republic

Regional
investment

ViaOne

Equity investment to support the commercial


launch and development of ViaOne Europa
Holding's software platforms.

Telecoms,
Private
informatics and
media

2008

847

500

500

Czech
Republic

Direct
investment

Soufflet Malting Czech II

Supporting a malt producer.

Agribusiness

Private

2008

10,000

10,000

10,000

Czech
Republic

Regional
investment

ARX Private Equity Fund

Support for investment to companies operating in Equity funds


central and south-eastern Europe.

Private

2008

6,000

6,000

6,000

Czech
Republic

Regional
investment

Genesis Private Equity Fund II -

Equity in a fund investing in mid-market


companies in the Czech Republic and Slovak
Republic.

Private

2009

21,000

6,000

6,000

Estonia

Direct
investment

Tallinn Water and environment project

Upgrade and expansion of waste-water treatment Municipal and


plant and development of new ground water well environmental
fields.
infrastructure

State

1994

74,562

22,723

22,723

Estonia

Direct
investment

Tallinn Airport rehabilitation

Upgrade and construction of runways and


taxiways.

Transport

State

1994

9,193

7,942

7,942

Estonia

Regional
investment

First NIS Regional Fund

Equity fund investing in companies in the New


Independent States (NIS).

Equity funds

Private

1994

518

310

310

Estonia

Direct
investment

Estline Marine Company Ltd

Expansion of Estline ferry service operating


between Tallinn and Stockholm.

Transport

Private

1993

39,295

17,551

17,551

Estonia

Direct
investment

Emergency energy sector


investment

Power and
Completion of fuel oil import and storage
facilities, provisions for power stations and district energy
heating systems.

State

1992

26,503

24,687

24,687

All investments 1991- 2009

Equity funds

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Estonia

Direct
investment

Sampo Pank

Financing for small and medium-sized


enterprises.

Bank lending

Private

1994

7,568

3,784

3,784

Estonia

Regional
investment

Baltic Investment Fund

Private equity fund investing in medium-sized


companies.

Equity funds

Private

1995

7,171

2,169

2,169

Estonia

Direct
investment

Small municipalities
environment project

Improvement of quality and reliability of water


supplies and waste-water treatment services.

Municipal and
environmental
infrastructure

State

1995

46,025

10,226

10,226

Estonia

Direct
investment

Hansapank

Medium-term financing for on-lending to private


sector companies.

Bank lending

Private

1994

17,192

2,556

2,556

Estonia

Direct
investment

Estonian Investment Bank

Medium and long-term financing for small and


medium-sized enterprises and companies
undergoing privatisation.

Bank equity

Private

1994

4,500

1,500

1,500

Estonia

Direct
investment

Eurovision

Design, supply and installation of earth station


linked to the Eurovision Network via satellite.

Telecoms,
State
informatics and
media

1995

598

598

598

Estonia

Direct
investment

Hansapank

Medium-term financing for on-lending to private


sector companies.

Bank equity

Private

1995

11,455

2,429

1,214

3,643

Estonia

Direct
investment

Hansapank

Equity investment in commercial bank.

Bank equity

Private

1995

1,889

1,889

1,889

Estonia

Direct
investment

Eesti Uhispank credit line

Financing for micro and small enterprises.

Bank lending

Private

1995

8,692

8,692

8,692

Estonia

Direct
investment

Hansapank

Medium-term financing for on-lending to private


sector companies.

Bank lending

Private

1996

294

294

294

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Estonia

Direct
investment

Hansapank housing loan

Credit line providing long-term mortgage loans.

Bank lending

Private

1996

6,136

6,136

6,136

Estonia

Direct
investment

Eesti Uhispank credit line

Financing for micro and small enterprises.

Bank lending

Private

1996

6,136

4,346

4,346

Estonia

Direct
investment

Sampo Pank

Financing for small and medium-sized


enterprises.

Bank lending

Private

1996

6,136

6,136

6,136

Estonia

Direct
investment

Eesti Maapank

Expansion of business operations and increased Bank equity


lending to private sector enterprises.

Private

1997

1,540

1,540

1,540

Estonia

Direct
investment

Hansapank housing loan

Credit line providing long-term mortgage loans.

Bank lending

Private

1997

7,669

7,669

7,669

Estonia

Regional
investment

Baltic Small Equity Fund

Investment in small companies which are unable Equity funds


to access early-stage equity capital.

Private

1997

3,004

1,439

1,439

Estonia

Direct
investment

Eesti Uhispank housing loan

Credit line providing long-term mortgage loans.

Bank lending

Private

1997

6,136

6,136

6,136

Estonia

Direct
investment

Eesti Uhispank credit line

Financing for micro and small enterprises.

Bank lending

Private

1997

2,556

2,556

2,556

Estonia

Direct
investment

Sampo Pank

Financing for small and medium-sized


enterprises.

Bank lending

Private

1997

2,045

2,045

2,045

Estonia

Direct
investment

Tallinn Airport

Improvement of passenger terminal and provision Transport


of additional space for commercial activities.

State

1999

23,094

7,572

7,572

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Estonia

Direct
investment

Hansapank subordinated debt -

Capitalisation of Hansapank, expansion of


Bank lending
business activities and fulfilment of new national
prudential requirements.

Estonia

Regional
investment

Baring Communications

Estonia

Regional
investment

Communication and
Information Technology Fund

Estonia

Direct
investment

Imavere sawmill expansion

Estonia

Direct
investment

Hansapank subordinated debt -

Estonia

Direct
investment

Estonia

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

Private

1997

7,669

7,669

7,669

Private equity fund targeting the media and


communications sector.

Telecoms,
Private
informatics and
media

1997

2,209

496

496

Private equity fund targeting the media and


communications sector.

Private
Telecoms,
informatics and
media

1999

2,634

796

796

Purchase and installation of sawmill line, new


boiler house and dry kilns.

Manufacturing
and services

Private

1997

16,766

7,056

7,056

Capitalisation of Hansapank, expansion of


Bank equity
business activities and fulfilment of new national
prudential requirements.

Private

1997

25,513

12,756

12,756

25,513

Hansapank subordinated debt -

Capitalisation of Hansapank, expansion of


Bank lending
business activities and fulfilment of new national
prudential requirements.

Private

1998

7,669

7,669

7,669

Direct
investment

Eesti Uhispank subordinate


loan

Long-term financing for on-lending to private


sector companies.

Bank lending

Private

1998

5,113

5,113

5,113

Estonia

Regional
investment

Innova/98

Private equity fund supporting small and medium- Equity funds


sized enterprises.

Private

1998

1,714

398

398

Estonia

Direct
investment

Eesti Uhispank subordinate


loan

Long-term financing for on-lending to private


sector companies.

Bank lending

Private

1998

20,452

16,617

16,617

Estonia

Direct
investment

AS Norma

Modernisation of car safety belt manufacturers


equipment and technology, and renovation of
production facilities.

Manufacturing
and services

Private

1998

8,101

4,090

4,090

All investments 1991- 2009

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Estonia

Regional
investment

Emerging Europe Capital


Investors LDC

Direct equity fund investing in central and eastern Equity funds


Europe.

Private

1999

7,343

2,335

2,335

Estonia

Direct
investment

Hansapank subordinated debt -

Capitalisation of Hansapank, expansion of


Bank equity
business activities and fulfilment of new national
prudential requirements.

Private

1998

10,205

5,103

5,103

10,205

Estonia

Direct
investment

Baltex 2000 / Qualitex

Modernisation of woven cotton fabric mill and


construction of knitting mill with dyeing/finishing
line.

Manufacturing
and services

Private

1998

25,278

5,177

1,726

6,902

Estonia

Direct
investment

Hansapank syndicated loan

Financing for small and medium-sized


enterprises and strengthening of the financial
sector.

Bank lending

Private

1998

76,693

25,564

25,564

Estonia

Direct
investment

Hansapank syndicated leasing finance facility

Financial support for commercial vehicles, real Insurance and


estate, industrial equipment, cars and agricultural financial
machinery.
services

Private

1999

40,000

13,333

13,333

Estonia

Direct
investment

Imavere sawmill expansion

Purchase and installation of sawmill line, new


boiler house and dry kilns.

Manufacturing
and services

Private

1999

7,383

5,113

5,113

Estonia

Regional
investment

Baltic Investment Fund

Private equity fund investing in medium-sized


companies.

Equity funds

Private

2000

17,985

3,300

3,300

Estonia

Direct
investment

MSE facility

Hansapank

Financing for micro and small enterprises.

Bank lending

Private

2000

16,935

5,000

5,000

Estonia

Direct
investment

Baltic Food Holding

Acquisition of new supermarkets, upgrade of


existing stores and expansion of wholesale
operations.

Agribusiness

Private

2000

34,902

5,496

5,496

Estonia

Direct
investment

MSE facility

Eesti Uhispank

Financing for micro and small enterprises.

Bank lending

Private

2000

11,000

3,000

3,000

All investments 1991- 2009

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Estonia

Regional
investment

DVI Inc

Provision of medical equipment for hospitals and Insurance and


diagnostic centres.
financial
services

Private

2001

2,130

565

565

Estonia

Regional
investment

EU/EBRD SME Finance


Facility

Baltic SME Fund

Private equity fund supporting small and medium- Equity funds


sized enterprises.

Private

2001

5,528

990

990

Estonia

Regional
investment

Kesko Baltics

Expansion of food retailers businesses through


the acquisition and development of retail
properties.

Agribusiness

Private

2001

47,000

5,450

5,450

Estonia

Direct
investment

EU/EBRD SME Finance


Facility

Sampo Pank

Financing for small and medium-sized


enterprises.

Bank lending

Private

2000

8,000

8,000

8,000

Estonia

Direct
investment

Tallinn Water privatisation

Financing for post-privatisation investment


programme to facilitate private sector
involvement in water and waste-water services.

Municipal and
environmental
infrastructure

Private

2002

172,798

54,999

54,999

Estonia

Direct
investment

Imavere sawmill expansion

Purchase and installation of sawmill line, new


boiler house and dry kilns.

Manufacturing
and services

Private

2002

12,300

7,000

7,000

Estonia

Regional
investment

Fiesta

Expansion of food retailers businesses through


the acquisition and development of retail
properties.

Agribusiness

Private

2001

12,158

6,890

6,890

Estonia

Regional
investment

Pleskodale

Expansion of food retailers operations.

Agribusiness

Private

2001

5,781

3,751

3,751

Estonia

Direct
investment

LHV Asset Management

Investment in private pension fund management Insurance and


company.
financial
services

Private

2002

3,006

1,303

1,303

Estonia

Regional
investment

Askembla Growth Fund

Private equity fund supporting medium-sized


enterprises.

Private

2002

18,180

5,000

5,000

All investments 1991- 2009

Sector

Equity funds

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Estonia

Regional
investment

EU/EBRD SME Finance


Facility

Hansa Capital

Financing for small and medium-sized


enterprises.

Insurance and
financial
services

Private

2003

10,200

5,100

5,100

Estonia

Regional
investment

Heitman Central Europe


Property Partners Fund

Investment in property projects, primarily office


buildings, warehousing/distribution and retail
shopping centres.

Property and
tourism

Private

2002

3,235

1,050

1,050

Estonia

Direct
investment

Tallinn Airport

Improvement of passenger terminal and provision Transport


of additional space for commercial activities.

State

2002

7,251

7,251

7,251

Estonia

Regional
investment

Orco Aparthotels

Expansion of extended-stay hotel chain.

Property and
tourism

Private

2003

16,362

1,166

583

1,749

Estonia

Regional
investment

International Water United


Utilities

Acquisition of three water utility companies.

Municipal and
environmental
infrastructure

Private

2003

30,680

11,180

11,180

Estonia

Direct
investment

Estonian Cell

Construction and operation of pulp mill.

Manufacturing
and services

Private

2004

155,333

10,667

5,333

5,333

21,333

Estonia

Regional
investment

Polish Enterprise Fund V

Private equity fund investing in enterprises in


Estonia.

Equity funds

Private

2004

1,395

1,395

1,395

Estonia

Regional
investment

Europolis II

Development of commercial property projects.

Property and
tourism

Private

2004

10,297

974

1,299

2,273

Estonia

Direct
investment

Baltex 2000 / Qualitex

Modernisation of woven cotton fabric mill and


construction of knitting mill with dyeing/finishing
line.

Manufacturing
and services

Private

1998

1,800

1,800

1,800

Estonia

Regional
investment

Argus Capital Partners II

Private equity fund supporting medium-sized


enterprises. Successor to the Argus Capital
Partners fund.

Equity funds

Private

2005

200

200

200

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Estonia

Regional
investment

Emerging Europe
Convergence Fund II

Direct equity fund investing in central and eastern Equity funds


Europe.

Private

2005

3,600

3,600

3,600

Estonia

Regional
investment

SG AM Eastern Europe

Investment in consumer services and


manufacturing companies.

Equity funds

Private

2005

5,940

3,300

3,300

Estonia

Regional
investment

Royalton Partners II

Equity financing for local service providers.

Equity funds

Private

2007

2,500

2,500

2,500

Estonia

Regional
investment

Baltcap Private Equity Fund

Private equity fund investing primarily in Estonia, Equity funds


Latvia, and Lithuania.

Private

2007

6,000

6,000

6,000

Estonia

Regional
investment

Post Privatisation Fund

Equity fund supporting financial and operational


restructuring of medium-sized enterprises.

Equity funds

Private

1996

6,803

6,803

6,803

Estonia

Regional
investment

I Fund

Co-financing for small and medium-sized


enterprises.

Equity funds

Private

1995

746

746

746

Estonia

Regional
investment

EnerCap

Private equity fund dedicated to investing in


Power and
renewable energy and energy efficiency projects energy
in central and south-eastern Europe.

Private

2007

10,000

2,500

2,500

Estonia

Direct
investment

Iberdrola Estonia Wind

Equity investment to support building of a wind


farm.

Power and
energy

Private

2008

3,500

900

900

Estonia

Direct
investment

FreEnergy Renewable Energy Investment Company

Equity investment to fund the construction and


operation of wind power projects in Estonia,
Latvia and Lithuania.

Power and
energy

Private

2009

28,892

18,858

18,858

Estonia

Regional
investment

Syntaxis Mezzanine Fund II

Equity in a regional fund which aims to strengthen Equity funds


corporate governance and build institutions.

Private

2009

12,500

2,500

2,500

All investments 1991- 2009

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Estonia

Regional
investment

Resource Eastern European


Equity Partners I

Support for institution building and expansion of


private equity, business improvement and best
ethics and governance.

Equity funds

Private

2009

4,200

1,250

1,250

Estonia

Regional
investment

Heitman Eastern European


Property Fund

An equity investment into Heitman European


Property Partners IV, an investment vehicle
pursuing long-term capital appreciation through
real estate investments.

Property and
tourism

Private

2009

18,220

3,000

3,000

Estonia

Regional
investment

Almaz Capital Russia Fund I

The Fund will make equity and equity-related


Equity funds
venture capital investments in companies based
in Russia and the CIS.

Private

2009

1,345

416

416

FYR
Macedonia

Direct
investment

Komercijalna Banka

Trade facility to guarantee Komercijalna


Bank lending
Macedonia Bankas correspondent banks against
non-payment under confirmed letters of credit.

Private

1994

4,161

4,161

4,161

FYR
Macedonia

Direct
investment

Elektrostopanstvo na
Makedonija

Privatisation and restructuring of power utility.

Power and
energy

State

1993

26,948

17,336

17,336

FYR
Macedonia

Direct
investment

Air navigation system upgrade -

Upgrade of existing air navigation system and


establishment of the Skopje Flight Information
Region.

Transport

State

1994

11,826

9,502

9,502

FYR
Macedonia

Direct
investment

Macedonian
Telecommunications

Privatisation of Macedonian Telecommunications Telecoms,


State
and additional regulatory development.
informatics and
media

1995

56,819

29,424

29,424

FYR
Macedonia

Direct
investment

Skopje airport rehabilitation

Upgrade of airport facilities, including


improvement of runway, taxiways and lighting
system.

State

1995

11,226

9,007

9,007

FYR
Macedonia

Direct
investment

Komercijalna Banka

Expansion of financial products available to


Bank equity
private sector clients, assisting with privatisation
and restructuring.

Private

1996

7,699

5,133

2,566

7,699

FYR
Macedonia

Direct
investment

SME finance facility

Almako Banka

Credit line to assist small and medium-sized


enterprises.

Private

1995

3,068

3,068

3,068

All investments 1991- 2009

Transport

Bank lending

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

FYR
Macedonia

Direct
investment

SME finance facility

Export Import Banka

Credit line to assist small and medium-sized


enterprises.

Bank lending

Private

1995

3,068

3,068

3,068

FYR
Macedonia

Direct
investment

SME finance facility

Makedonska Banka

Credit line to assist small and medium-sized


enterprises.

Bank lending

Private

1995

4,699

4,699

4,699

FYR
Macedonia

Direct
investment

SME finance facility

Stopanska Banka

Credit line to assist small and medium-sized


enterprises.

Bank lending

Private

1995

7,669

7,669

7,669

FYR
Macedonia

Direct
investment

Small Enterprise Assistance


Fund

Equity and quasi-equity investments in small and Equity funds


medium-sized enterprises.

Private

1999

8,948

2,706

2,706

FYR
Macedonia

Direct
investment

SME finance facility

Export and Credit Bank

Credit line to assist small and medium-sized


enterprises.

Bank lending

Private

1996

1,534

1,534

1,534

FYR
Macedonia

Direct
investment

Makstil

Modernisation of steel making and casting


facilities and plate mill.

Manufacturing
and services

Private

1998

48,547

10,403

10,403

FYR
Macedonia

Direct
investment

Alkaloid-AD

Upgrade and modernisation of pharmaceutical


production facilities.

Manufacturing
and services

Private

1999

36,384

4,900

4,900

FYR
Macedonia

Direct
investment

Export and Credit Bank

Equity investment in Export and Credit Bank.

Bank equity

Private

2000

3,063

3,063

3,063

FYR
Macedonia

Direct
investment

Municipal and Environmental


Action Programme (MEAP)

Construction, upgrade and extension of water andMunicipal and


waste-water infrastructure in five utilities.
environmental
infrastructure

State

2000

37,531

16,443

16,443

FYR
Macedonia

Direct
investment

Emergency GSM extension


and network modernisation

Emergency extension of mobile GSM network


and modernisation of information system.

1999

13,989

13,989

13,989

All investments 1991- 2009

Telecoms,
Private
informatics and
media

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

FYR
Macedonia

Direct
investment

Stopanska Banka

Privatisation and restructuring of largest bank in


FYR Macedonia.

Bank equity

Private

1999

78,731

9,189

9,189

FYR
Macedonia

Direct
investment

Regional Trade Facilitation


Programme

Komercijalna Banka

Support for foreign trade.

Bank lending

Private

1999

3,730

3,730

3,730

FYR
Macedonia

Direct
investment

Thessaloniki-Skopje crude oil


pipeline

Construction of crude oil pipeline from Hellenic


Natural
Petroleums facilities at Thessaloniki to the Okta Resources
refinery at Skopje.

Private

2001

72,821

17,338

17,338

FYR
Macedonia

Direct
investment

US/EBRD SME Finance


Facility

ProCredit Bank

Establishment of microcredit institution.

Small business Private


finance

2003

12,875

3,750

3,750

7,500

FYR
Macedonia

Direct
investment

Regional Trade Facilitation


Programme

Tutunska Banka

Support for foreign trade.

Bank lending

Private

2000

8,762

8,762

8,762

FYR
Macedonia

Regional
investment

TBIH Financial Services

Expansion of insurance and pension operations inInsurance and


central and eastern Europe.
financial
services

Private

2000

915

184

367

551

FYR
Macedonia

Direct
investment

Regional roads project

Upgrade of high priority roads and construction of Transport


Skopje bypass (phase 2).

State

2003

147,320

40,000

40,000

FYR
Macedonia

Direct
investment

Civil aviation upgrade

Improvement of flight safety, management of air Transport


traffic and operation of second Macedonian
airport.

State

2002

13,293

10,613

10,613

FYR
Macedonia

Regional
investment

Black Sea Fund

Equity investment in medium-sized local


enterprises and facilitation of foreign direct
investment in the region.

Private

2002

1,379

420

420

FYR
Macedonia

Direct
investment

Elektrostopanstvo na
Makedonija

Construction of transmission line and upgrade of Power and


substations.
energy

State

2003

46,391

36,771

36,771

All investments 1991- 2009

Equity funds

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

FYR
Macedonia

Direct
investment

Stopanska Banka

Privatisation and restructuring of largest bank in


FYR Macedonia.

Bank equity

Private

2002

17,066

1,836

1,836

FYR
Macedonia

Direct
investment

Elektrostopanstvo na
Makedonija

Purchase of shares in power utility to support its Power and


restructuring and privatisation.
energy

Private

2004

20,250

20,250

20,250

FYR
Macedonia

Direct
investment

Prilep Marble Kombinat

Modernisation of marble quarrying and


processing company.

Manufacturing
and services

Private

2003

8,000

5,000

5,000

FYR
Macedonia

Direct
investment

Direct Investment Facility

Kimico Gardine

Expansion of textile company's product range.

Manufacturing
and services

Private

2003

2,150

2,150

2,150

FYR
Macedonia

Direct
investment

Tutunska Banka

Provision of short and medium-term loans to


private sector corporate customers.

Bank lending

Private

2004

20,000

7,000

7,000

FYR
Macedonia

Direct
investment

Zito Luks

Expansion of baked goods producer.

Agribusiness

Private

2004

8,000

8,000

8,000

FYR
Macedonia

Regional
investment

Migros Foodstores Skopje

Expansion of retailers operations in Bulgaria and Agribusiness


FYR Macedonia.

Private

2004

15,501

10,066

10,066

FYR
Macedonia

Direct
investment

SME finance facility

Export and Credit Bank

Credit line to assist small and medium-sized


enterprises.

Bank lending

Private

2004

5,000

5,000

5,000

FYR
Macedonia

Regional
investment

Europolis II

Development of commercial property projects.

Property and
tourism

Private

2004

17,162

1,624

2,165

3,788

FYR
Macedonia

Direct
investment

Mittal Steel Skopje

Energy efficiency investments and working


capital.

Manufacturing
and services

Private

2005

20,357

20,357

20,357

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

FYR
Macedonia

Regional
investment

Argus Capital Partners II

Private equity fund supporting medium-sized


enterprises. Successor to the Argus Capital
Partners fund.

Equity funds

Private

2005

200

200

200

FYR
Macedonia

Direct
investment

Western Balkans SME Finance Invest Banka


Facility

Credit line for on-lending to small and mediumsized businesses

Bank lending

Private

2005

4,000

4,000

4,000

FYR
Macedonia

Direct
investment

Regional Trade Facilitation


Programme

Support for foreign trade.

Bank lending

Private

2005

275

275

275

FYR
Macedonia

Regional
investment

European Fund for Southeast Europe

Privately managed public/private investment fund Small business Private


which will provide financing for micro, small and finance
medium-sized businesses as well as housing and
rural finance in south-eastern Europe.

2006

2,000

2,000

2,000

FYR
Macedonia

Direct
investment

Teteks Kreditna/Tetovska
Banka

Equity investment to increase capital base of new Bank equity


bank formed by merger of TKB and TEB.

Private

2006

4,000

4,000

4,000

FYR
Macedonia

Direct
investment

Teteks Kreditna/Tetovska
Banka

Credit line to for on-lending to small and medium- Bank lending


sized businesses.

Private

2006

5,500

2,000

2,000

FYR
Macedonia

Direct
investment

Western Balkans Local


Enterprise Facility

Vitaminka Prilep

Loan to finance the purchase of packaging and


production lines.

Agribusiness

Private

2007

4,000

4,000

4,000

FYR
Macedonia

Regional
investment

Balkan Accession Fund

Finance provided to a private equity fund


investing in medium-sized businesses.

Equity funds

Private

2006

5,245

1,120

1,120

FYR
Macedonia

Regional
investment

Europolis III

Private

2006

7,425

630

945

1,575

FYR
Macedonia

Regional
investment

GS Hotels and Resort (Loan)

Property and
Equity investment allowing the creation of a
regional portfolio of property assets in Bosnia and tourism
Herzegovina, Bulgaria, FYR Macedonia,
Montenegro, Romania, Russia, Serbia and
Ukraine.
Loan to leading local hospitality group, based in Property and
Dubrovnik.
tourism

Private

2007

10,756

3,236

3,236

All investments 1991- 2009

Invest Banka

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

FYR
Macedonia

Direct
investment

NLB Tutunska Banka

Second loan for on-lending to local private


businesses and individuals.

Bank lending

Private

2006

55,000

19,000

19,000

FYR
Macedonia

Direct
investment

Western Balkans MSME


Framework

Moznosti

Local currency guarantee facility.

Small business Private


finance

2007

3,000

3,000

3,000

FYR
Macedonia

Regional
investment

New Europe Venture Equity


Fund (NEVEQ)

Private equity fund investing in small and medium Equity funds


sized technology enterprises primarily located in
Bulgaria, FYR Macedonia and Romania.

Private

2007

1,000

1,000

1,000

FYR
Macedonia

Regional
investment

Pharma Investment

Investment to help develop a regional


pharmaceuticals retail network.

Private

2008

7,500

7,500

7,500

FYR
Macedonia

Direct
investment

Western Balkans Local


Enterprise Facility

Vitalia

Agribusiness
Loan to help Vitalia further expand on the
Macedonian as well as new, regional markets,
develop new branded products and strengthen its
direct distribution network.

Private

2007

1,000

700

700

FYR
Macedonia

Direct
investment

ESM II: Distribution Grid


Efficiency Investment

Loan to upgrade the electricity distribution


network.

Power and
energy

Private

2008

70,000

35,000

35,000

FYR
Macedonia

Regional
investment

GS Hotels and Resorts


(Equity)

Equity investment in local hospitality group.

Property and
tourism

Private

2007

10,030

2,510

2,510

FYR
Macedonia

Regional
investment

ViaOne

Equity investment to support the commercial


launch and development of ViaOne Europa
Holding's software platforms.

Telecoms,
Private
informatics and
media

2008

1,694

1,000

1,000

FYR
Macedonia

Regional
investment

CEE Special Situations Fund

CRG Capital

Investment in an equity fund managed by CRG


Partners targeting distressed and underperforming companies.

Equity funds

Private

2009

200

200

200

FYR
Macedonia

Direct
investment

Western Balkans Local


Enterprise Facility

Tikves

Investment to support FYR Macedonian wine


producer.

Agribusiness

Private

2008

8,499

2,433

4,866

7,299

All investments 1991- 2009

Manufacturing
and services

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

FYR
Macedonia

Direct
investment

Regional and Local Roads


Programme

Maintenance and upgrading of regional and local Transport


roads.

FYR
Macedonia

Regional
investment

European Fund for SouthEast Europe II

FYR
Macedonia

Direct
investment

Local Enterprise Facility

FYR
Macedonia

Direct
investment

FYR
Macedonia

Portfolio
Class

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

2009

132,900

50,000

50,000

Support to financial institutions for on-lending to Small business Private


MSMEs, as well as for housing and rural finance. finance

2009

11,550

1,650

1,650

Zdravje

Loan to Zdravje Radovo, to finance the dairy


companys expansion and diversify production.

Agribusiness

Private

2009

1,000

1,000

1,000

Ohridska Banka

Increasing the availability of financing to the real Bank lending


sector with a credit line for on-lending to SMEs.

Private

2009

5,000

5,000

5,000

Regional
investment

Southeast Europe Energy


Efficiency Fund (SE4F)

Financing for energy efficiency projects through


local financial institutions.

Insurance and
financial
services

Private

2009

9,488

2,500

2,500

Georgia

Regional
investment

First NIS Regional Fund

Equity fund investing in companies in the New


Independent States (NIS).

Equity funds

Private

1994

518

310

310

Georgia

Direct
investment

Power rehabilitation

Rehabilitation of Gardabani thermal power station Power and


and Rioni hydro power station.
energy

State

1994

16,466

12,549

12,549

Georgia

Direct
investment

Tbilisi Airport refurbishment

Improvement of air-passenger handling


operations and modernisation of facilities.

Transport

State

1995

9,016

7,629

7,629

Georgia

Direct
investment

Absolute Bank

Provision of medium-term credit resources to


private sector enterprises in Georgia.

Bank equity

Private

1997

1,361

908

454

1,361

Georgia

Direct
investment

IBSB Georgia

Start-up capital for commercial bank.

Bank equity

Private

1996

3,574

523

523

All investments 1991- 2009

State

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Georgia

Direct
investment

Borjomi

Restructuring and revitalisation of mineral water


industry in Borjomi and glass bottle production
industry in Khashuri.

Agribusiness

Private

1997

19,630

4,623

2,312

6,935

Georgia

Direct
investment

SME finance facility

TBC Bank

Credit line to assist small and medium-sized


enterprises.

Bank lending

Private

1996

1,857

1,857

1,857

Georgia

Direct
investment

SME finance facility

TbilComBank

Credit line to assist small and medium-sized


enterprises.

Bank lending

Private

1996

1,689

1,689

1,689

Georgia

Direct
investment

SME finance facility

TbilcreditBank

Credit line to assist small and medium-sized


enterprises.

Bank lending

Private

1996

2,081

2,081

2,081

Georgia

Direct
investment

SME finance facility

Tbiluniversalbank

Credit line to assist small and medium-sized


enterprises.

Bank lending

Private

1997

694

694

694

Georgia

Direct
investment

Enguri hydro power plant


upgrade

Improvement of worlds largest arch dam.

Power and
energy

State

1998

62,993

33,809

33,809

Georgia

Direct
investment

United Georgian Bank

Equity investment and credit line to assist small


and medium-sized enterprises.

Bank equity

Private

1997

5,399

1,800

1,800

1,800

5,399

Georgia

Direct
investment

Bank of Georgia

Equity investment in second-largest bank in


Georgia.

Bank equity

Private

1998

6,296

4,197

2,099

6,296

Georgia

Direct
investment

Trans-Caucasian rail link

Improvement of main international transit route


from Baku to the Georgian ports.

Transport

State

1998

24,021

13,860

13,860

Georgia

Direct
investment

Ksani glass packaging factory -

Privatisation of glass packaging factory.

Manufacturing
and services

Private

1999

15,096

2,244

2,244

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Georgia

Direct
investment

Regional Trade Facilitation


Programme

TBC Bank

Support for foreign trade.

Bank lending

Private

1998

1,387

1,387

1,387

Georgia

Direct
investment

SME finance facility

Intellectbank

Credit line to assist small and medium-sized


enterprises.

Bank lending

Private

1997

1,274

1,274

1,274

Georgia

Direct
investment

AES Telasi

Post-privatisation modernisation of electricity


distribution network.

Power and
energy

Private

1999

140,855

20,806

20,806

Georgia

Direct
investment

Georgian Wines

Upgrade of winery equipment and facilities.

Agribusiness

Private

1999

3,468

3,468

3,468

Georgia

Regional
investment

Frontera Resources

Commercial development of Kursangi and


Karabagli oilfields in Azerbaijan.

Natural
Resources

Private

2000

197,972

9,016

9,016

Georgia

Direct
investment

Regional Trade Facilitation


Programme

Bank of Georgia

Support for foreign trade.

Bank lending

Private

1999

6,523

3,261

3,261

6,523

Georgia

Direct
investment

Regional Trade Facilitation


Programme

TBC Bank

Support for foreign trade.

Bank lending

Private

1999

4,831

2,415

2,415

4,831

Georgia

Regional
investment

NIS restructuring facility

Restructuring and expansion of investments in


the New Independent States (NIS).

Equity funds

Private

2000

1,095

228

228

Georgia

Direct
investment

ProCredit Bank Georgia

Financing for micro and small enterprises.

Small business Private


finance

2000

8,467

954

3,816

4,770

Georgia

Direct
investment

JSC Channel Energy Poti Port -

Construction and operation of new oil terminal.

Transport

2002

24,273

8,045

8,045

All investments 1991- 2009

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Georgia

Regional
investment

Baring Vostok Private Equity


Fund

Direct equity investment in medium-sized


companies.

Equity funds

Private

2000

3,860

1,832

1,832

Georgia

Direct
investment

ProCredit Bank Georgia

Financing for micro and small enterprises.

Small business Private


finance

2001

10,403

4,161

4,161

Georgia

Regional
investment

Baku-Tbilisi-Ceyhan pipeline

Construction of oil pipeline from Azerbaijan to


Turkey.

Natural
Resources

Private

2004

1,799,362

43,346

43,346

Georgia

Direct
investment

Tbiluniversalbank

Convertible loan to assist micro and small


enterprises.

Bank equity

Private

2003

1,590

1,060

530

1,590

Georgia

Regional
investment

SOCAR

South Caucasus Gas


Pipeline

Financing for 690 km gas pipeline from the Shah Natural


Deniz field in Azerbaijan to the Turkish-Georgian Resources
border.

State

2004

35,362

6,263

6,263

Georgia

Direct
investment

Direct Investment Facility

Iberia Refreshments

Establishment of Pepsi franchise, including repair Agribusiness


of production facilities.

Private

2003

3,092

897

1,345

2,241

Georgia

Direct
investment

Bank of Georgia

Credit line to assist small and medium-sized


enterprises.

Bank lending

Private

2003

2,774

925

925

Georgia

Direct
investment

Direct Investment Facility

Teliani Valley

Equity investment in wine producer.

Agribusiness

Private

2004

969

969

969

Georgia

Direct
investment

SME finance facility

TBC Bank

Credit line to assist small and medium-sized


enterprises.

Bank lending

Private

2003

4,161

4,161

4,161

Georgia

Direct
investment

Direct Investment Facility

Delidor

Financing the production of frozen fruits and


vegetables.

Agribusiness

Private

2005

1,186

711

474

1,186

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Georgia

Direct
investment

Georgia

Description

Sector

Portfolio
Class

United Georgian Bank Capital Increase

Equity investment to improve competitiveness


and promote on-lending to local businesses.

Bank equity

Private

2006

7,789

1,756

1,756

Direct
investment

VTB Bank Georgia

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

Small business Private


finance

2006

6,935

6,935

6,935

Georgia

Direct
investment

Georgian Wines and Spirits


Ltd.

Strengthening of the companys position in


regional markets.

Agribusiness

Private

2005

7,143

5,756

5,756

Georgia

Direct
investment

TBC Leasing

Senior loan to one of Georgias first leasing


companies

Insurance and
financial
services

Private

2005

2,081

2,081

2,081

Georgia

Direct
investment

Poti Water Supply

Upgrading of facilities to improve water supply.

Municipal and
environmental
infrastructure

State

2006

12,257

2,500

2,500

Georgia

Direct
investment

Tbilisi Public Transport Project -

Financing of municipal bus network, including


repair facilities and developing a regulatory
framework.

Municipal and
environmental
infrastructure

State

2005

4,067

2,987

2,987

Georgia

Regional
investment

Lukoil Overseas

South Caucasus Gas


Pipeline

Completion of pipeline in Azerbaijan and Georgia Natural


Resources

Private

2005

31,750

20,390

20,390

Georgia

Direct
investment

Medium-sized Loan Cofinancing Facility

Bank of Georgia

Credit line.

Bank lending

Private

2005

3,468

3,468

3,468

Georgia

Direct
investment

Medium-sized Loan Cofinancing Facility

TBC Bank

Credit line.

Bank lending

Private

2005

3,468

3,468

3,468

Georgia

Direct
investment

TBC Bank

Credit line enabling the bank to increase medium- Bank lending


term lending to SME sector.

Private

2005

6,935

3,468

3,468

All investments 1991- 2009

Sub project

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Georgia

Direct
investment

Medium-sized Loan Cofinancing Facility

Lomisi Ltd

Sub-loan to local brewery through TBC Bank.

Agribusiness

Private

2005

4,855

2,427

2,427

Georgia

Direct
investment

Regional Trade Facilitation


Programme

Basis Bank

Support for foreign trade.

Bank lending

Private

2007

773

387

387

773

Georgia

Direct
investment

Tbilisi International Airport

Construction of new facilities and upgrade of


Transport
existing equipment to support increasing usage.

Private

2006

82,461

17,962

17,962

Georgia

Direct
investment

Direct Investment Facility

Lomisi

Minority equity investment in Georgias secondlargest brewery.

Agribusiness

Private

2005

2,478

2,478

2,478

Georgia

Direct
investment

Bank of Georgia

Expansion of the banks lending business and


maintenance of regulatory capital adequacy.

Bank equity

Private

2005

837

837

837

Georgia

Direct
investment

TBC Bank

Syndicated loan to TBC Bank.

Bank lending

Private

2005

14,564

4,855

4,855

Georgia

Direct
investment

ProCredit Bank Georgia

Syndicated loan to ProCredit Georgia for onlending to micro and small-sized enterprises.

Small business Private


finance

2007

10,403

5,548

5,548

Georgia

Direct
investment

Kutaisi Water

Upgrading of facilities to improve water supply.

Municipal and
environmental
infrastructure

State

2006

11,922

3,000

3,000

Georgia

Direct
investment

Medium-sized Loan Cofinancing Facility

Nola Ltd

Sub-loan to a construction company through TBC Property and


Bank.
tourism

Private

2005

1,040

1,040

1,040

Georgia

Direct
investment

Bank Republic

Credit line for on-lending to local micro and small Small business Private
businesses.
finance

2006

2,081

2,081

2,081

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Georgia

Direct
investment

ETC Non-bank MFI


Framework II

Constanta

Credit line to increase financing available to the


smallest enterprises through on-lending.

Small business Private


finance

2006

2,427

2,081

2,081

Georgia

Direct
investment

ETC Non-bank MFI


Framework II

WV Credo

Small business Private


Investment to increase financing for micro and
small enterprises in the Early Transition Countries finance
and to assist the non-bank microfinance
institutions.

2008

1,040

1,040

1,040

Georgia

Direct
investment

TBC Leasing

Equity investment in leading leasing company to Insurance and


support growth of its operations.
financial
services

Private

2006

97

97

97

Georgia

Direct
investment

Regional Trade Facilitation


Programme

Cartu Bank

Support for foreign trade.

Bank lending

Private

2006

1,546

1,546

1,546

Georgia

Regional
investment

BSR Europe Co-Investment


Facility

Equity investment in a company developing


Property and
office, retail, residential and industrial real estate tourism
in Georgia.

Private

2006

20,000

7,000

7,000

Georgia

Direct
investment

Direct Investment Facility

Imedi L

Investment in one of Georgias largest insurance Insurance and


providers.
financial
services

Private

2006

1,154

1,154

1,154

Georgia

Direct
investment

Bank Republic Equity

Equity investment to increase the banks lending Bank equity


capacity and promote growth.

Private

2006

22,300

5,918

5,918

Georgia

Direct
investment

TBC Bank

Credit facility for on-lending as long-term


mortgage loans.

Bank lending

Private

2006

10,403

10,403

10,403

Georgia

Direct
investment

Georgian Property Fund

Equity investment in georgian real estate


investment vehicle.

Property and
tourism

Private

2007

100,423

10,819

10,819

Georgia

Direct
investment

Bank Republic

Credit facility for on-lending as long-term loans.

Bank lending

Private

2006

5,548

5,548

5,548

All investments 1991- 2009

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Georgia

Direct
investment

Medium-sized Loan CoFinancing Facility

BoG Iberia Refreshments

Sub-loan to a Pepsi franchise through Bank of


Georgia.

Agribusiness

Private

2006

2,244

2,244

2,244

Georgia

Direct
investment

Georgian Property Debt


Framework

Green Building

Conversion of an historic building in Tbilisi for


office uses.

Property and
tourism

Private

2007

3,845

2,307

2,307

Georgia

Direct
investment

Georgian Financial Sector


Framework

Basis Bank

Loan for on-lending to micro, small and medium- Small business Private
sized enterprises.
finance

2007

4,161

4,161

4,161

Georgia

Direct
investment

Direct Investment Facility

Georgian Hazelnut
Production Ltd.

Investment in new start-up company to finance


purchase of raw materials.

Agribusiness

Private

2006

2,638

372

186

558

Georgia

Direct
investment

Direct Lending Facility

BTM Tekstil

Finance provided for establishment of garment


manufacturing facility.

Manufacturing
and services

Private

2006

4,552

1,740

1,740

Georgia

Regional
investment

Brasseries International
Holdings

Reconstruction and development of breweries


across the Caucasus.

Agribusiness

Private

2006

4,434

2,217

2,217

4,434

Georgia

Direct
investment

Medium-sized Loan Cofinancing Facility

Bank of Georgia/Lopota

Sub-loans to small hydropower plant for


renewable energy programmes.

Power and
energy

Private

2006

334

114

114

Georgia

Direct
investment

Medium-sized Loan Cofinancing Facility

Bank of Georgia/Okami

Sub-loans to small hydropower plant for


renewable energy programmes.

Power and
energy

Private

2006

225

71

71

Georgia

Direct
investment

Direct Lending Facility

Georgian Hazelnut
Production Ltd

Finance provided to a new start-up company for Agribusiness


purchase of raw materials.

Private

2006

2,500

2,500

2,500

Georgia

Direct
investment

Batumi Public Transport

Support for modernisation of urban transport.

State

2008

2,500

2,500

2,500

All investments 1991- 2009

Municipal and
environmental
infrastructure

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Georgia

Direct
investment

Kobuleti Water

Support for rehabilitation and enhancement of the Municipal and


water and wastewater networks.
environmental
infrastructure

State

2008

12,882

1,500

1,500

Georgia

Direct
investment

Direct Lending Facility

Lomisi

Finance provided to local brewery.

Agribusiness

Private

2006

1,387

1,387

1,387

Georgia

Direct
investment

Medium-sized Loan Cofinancing Facility

Bank Republic

Construction of a new private hospital for


MediClub Georgia.

Property and
tourism

Private

2007

1,734

1,734

1,734

Georgia

Direct
investment

Medium-sized Loan Cofinancing Facility

TBC Bank

Finance for new can filling line and working


capital expansion at a Coca Cola plant.

Agribusiness

Private

2007

4,161

4,161

4,161

Georgia

Direct
investment

Borjomi Water

Support for upgrading and enhancement of the


water and wastewater networks.

Municipal and
environmental
infrastructure

State

2008

6,461

1,500

1,500

Georgia

Direct
investment

Georgian Financial Sector


Framework

Bank Republic

Loan for on-lending to micro and small


enterprises.

Small business Private


finance

2007

8,322

8,322

8,322

Georgia

Regional
investment

Caucasus Online

Debt and equity investment for construction of a Telecoms,


Private
high capacity sub-sea cable.
informatics and
media

2008

21,222

21,222

21,222

Georgia

Direct
investment

Medium-sized Loan Cofinancing Facility

TBC Bank

Loan to Embawood to set up a furniture


manufacturing facility.

Manufacturing
and services

Private

2007

694

694

694

Georgia

Direct
investment

Medium-sized Loan Cofinancing Facility

TBC Bank

Loan to Wissol to expand its network of petrol


stations.

Natural
Resources

Private

2007

4,161

4,161

4,161

Georgia

Direct
investment

Geo Steel

Investment for construction and operation of a


steel mini-mill.

Manufacturing
and services

Private

2008

19,419

9,709

9,709

All investments 1991- 2009

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Georgia

Direct
investment

Georgian Financial Sector


Framework

Cartu Bank

Loan for on-lending to small and medium-sized


enterprises.

Bank lending

Private

2007

4,855

4,855

4,855

Georgia

Direct
investment

Direct Investment Facility

Alfapet

Investment in a plastics producer.

Manufacturing
and services

Private

2007

82

41

41

82

Georgia

Direct
investment

Caucasus Energy Efficiency


Programme

Cartu Bank

Credit line for on-lending to energy efficiency


projects.

Bank lending

Private

2007

3,468

3,468

3,468

Georgia

Direct
investment

Caucasus Energy Efficiency


Programme

TBC Bank

Credit line for on-lending to energy efficiency


projects.

Bank lending

Private

2007

6,935

3,468

3,468

Georgia

Direct
investment

Caucasus Energy Efficiency


Programme

Bank Republic

Investment for on-lending to private sector


industrial entities to finance projects aimed to
improve their energy use.

Bank lending

Private

2008

3,468

3,468

3,468

Georgia

Direct
investment

Medium-sized Loan Cofinancing Facility

TBC Bank

Refinancing of existing loan to Tsiskvilkombinati. Agribusiness

Private

2007

1,734

1,734

1,734

Georgia

Direct
investment

Georgian Property Debt


Framework

Tbilisi Central Train Station Loan to finance the refurbishment of Tbilisi's


central train station.

Property and
tourism

Private

2007

11,789

5,895

5,895

Georgia

Direct
investment

Medium-sized Loan Cofinancing Facility

TBC Bank

Loan to assist in the expansion of Goodwill


hypermarket network.

Agribusiness

Private

2007

5,201

5,201

5,201

Georgia

Direct
investment

Bank Republic Mortgage Loan II

Credit line to support mortgage lending to


individuals.

Bank lending

Private

2008

13,870

9,709

9,709

Georgia

Direct
investment

Georgian Financial Sector


Framework

Second loan for on-lending as mortgages.

Bank lending

Private

2007

8,322

8,322

8,322

All investments 1991- 2009

TBC Bank

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Georgia

Direct
investment

Medium-sized Loan Cofinancing Facility

Bank Republic

Working capital finance for Begi flour mill.

Agribusiness

Private

2007

659

659

659

Georgia

Direct
investment

Medium-sized Loan Cofinancing Facility

TBC Bank

Second working capital loan for Tsiskvilkombinati Agribusiness


flour mill.

Private

2007

8,496

3,468

3,468

Georgia

Direct
investment

Medium-sized Loan Cofinancing Facility

Bank Republic

Second capital increase in Begi flour mill.

Agribusiness

Private

2007

4,092

4,092

4,092

Georgia

Direct
investment

Medium-sized Loan Cofinancing Facility

TBC Bank

Investment in Tegeta Motors.

Manufacturing
and services

Private

2008

4,681

4,681

4,681

Georgia

Regional
investment

Aureos Central Asia Fund

Equity investment to support medium-sized


enterprises in Azerbaijan, Central Asia and
Georgia.

Equity funds

Private

2008

567

567

567

Georgia

Direct
investment

Bank Republic

Equity investment to support projected growth of Bank equity


the bank.

Private

2008

1,599

983

983

Georgia

Direct
investment

Georgian Financial Sector


Framework

Basis Bank

Equity investment to support growth of a private


bank.

Bank equity

Private

2008

2,956

2,956

2,956

Georgia

Direct
investment

Bank Republic

Medium-term funding to a range of financial


intermediaries for on-lending to small and
medium-sized enterprises.

Bank lending

Private

2008

3,468

3,468

3,468

Georgia

Direct
investment

Bank Republic

Loan to further develop and expand lending


activities to private sector entrepreneurs,
particularly outside the capital.

Small business Private


finance

2008

13,871

6,935

6,935

Georgia

Direct
investment

Medium-sized Loan Cofinancing Facility

Bank Republic

Investment to provide larger loans to Georgian


private companies.

Bank lending

2008

6,935

6,935

6,935

All investments 1991- 2009

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Georgia

Direct
investment

TBC Bank

Loan for on-lending to small and medium-sized


enterprises.

Bank lending

Private

2008

10,403

5,201

5,201

Georgia

Regional
investment

Caucasus Online

Investment in an internet service provider and


sub-sea cable operator.

Telecoms,
Private
informatics and
media

2009

624

624

624

Georgia

Direct
investment

Direct Lending Facility

Populi

Support for expansion and distribution


modernisation for a food retailer.

Agribusiness

Private

2008

9,088

6,816

2,272

9,088

Georgia

Direct
investment

Medium-sized Loan Cofinancing Facility

TBC Bank

Investment in home improvement firm Jaokeni


Company.

Manufacturing
and services

Private

2008

2,254

2,254

2,254

Georgia

Direct
investment

Bank of Georgia

Various loans to strengthen bank's capital base


and maintain an adequate liquidity position.

Bank lending

Private

2008

18,062

18,062

18,062

Georgia

Direct
investment

Bank of Georgia

To facilitate lending to retail clients and small and Bank lending


medium-sized enterprises.

Private

2008

16,614

16,614

16,614

Georgia

Direct
investment

Medium-sized Loan Cofinancing Facility

Bank Republic

Loan to finance the construction and


refurbishment of an office building.

Property and
tourism

Private

2009

1,040

1,040

1,040

Georgia

Direct
investment

Bank of Georgia

To facilitate lending to retail clients and small and Bank lending


medium-sized enterprises.

Private

2008

34,676

34,676

34,676

Georgia

Direct
investment

TBC Bank

Senior loan as part of a financing package to


restructure TBC Bank's operations.

Bank lending

Private

2009

41,126

10,195

10,195

Georgia

Direct
investment

TBC Bank

Equity investment in ordinary shares.

Bank equity

Private

2009

50,680

27,585

27,585

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Georgia

Direct
investment

TBC Bank

Subordinated loan as part of a financing package Bank lending


to restructure TBC Bank's operations.

Private

2009

30,515

12,830

12,830

Georgia

Direct
investment

Cartu Bank SME Loan II

Credit line to Cartu Bank to on-lend to small and Bank lending


medium-sized enterprises.

Private

2009

6,935

3,468

3,468

Georgia

Direct
investment

Rustavi solid waste


management

Improvement and expansion of solid waste


Municipal and
management services in Rustavi and Gardabani. environmental
infrastructure

State

2009

3,994

1,600

1,600

Georgia

Direct
investment

Direct Lending Facility

Margebeli

Expansion and energy efficiency improvements to Agribusiness


food manufacturing production facilities.

Private

2009

4,000

4,000

4,000

Georgia

Direct
investment

Direct Lending Facility

Marneuli

Investment in a company producing mineral


water, as well as processed fruits and
vegetables.

Agribusiness

Private

2009

4,161

4,161

4,161

Georgia

Direct
investment

Medium-sized Loan Cofinancing Facility

Bank Republic

Restructuring of Begi's previous loan.

Agribusiness

Private

2009

5,877

3,918

1,959

5,877

Georgia

Direct
investment

Direct Lending Facility

Brasseries International
Holdings

Support for Castel to promote the drinks business Agribusiness


in Georgia.

Private

2009

1,803

1,803

1,803

Georgia

Direct
investment

ETC Non-bank Microfinance


Institution Framework III

Crystal

Loan to Crystal microfinance organisation for


onlending to local SMEs.

Small business Private


finance

2009

694

347

347

Georgia

Direct
investment

Medium-sized Loan Cofinancing Facility

Bank Republic

Finance for Rusmetali, a metal producer in


Georgia.

Manufacturing
and services

Private

2009

1,734

1,734

1,734

Georgia

Direct
investment

Medium-sized Loan Cofinancing Facility

TBC Bank - Goodwill

Loan to assist in the expansion of the Goodwill


hypermarket network.

Agribusiness

Private

2009

1,179

589

589

All investments 1991- 2009

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Hungary

Direct
investment

Budapest wholesale market

Construction of cold storage facilities, handling


and service areas.

Agribusiness

State

1994

17,044

4,116

4,116

Hungary

Direct
investment

Petofi Nyomda

Modernisation of packaging plant.

Manufacturing
and services

Private

1991

5,113

5,113

5,113

Hungary

Direct
investment

Pannonia

Privatisation of hotel.

Property and
tourism

Private

1993

42,109

6,250

6,250

Hungary

Direct
investment

Budapest public transport

Replacement of bus fleet, modernisation of metro Municipal and


line and installation of new parking equipment.
environmental
infrastructure

State

1993

81,151

41,151

41,151

Hungary

Direct
investment

EGIS Pharmaceuticals

Partial privatisation of Hungarian pharmaceutical Manufacturing


company.
and services

Private

1993

37,813

37,813

37,813

Hungary

Direct
investment

TVK/Columbian Tiszai
Koromgyarto

Construction and start up of carbon black plant Manufacturing


supplying the European rubber and tyre industry. and services

Private

1992

38,699

6,242

6,242

Hungary

Direct
investment

Kner Nyomda

Modernisation and expansion of printer.

Manufacturing
and services

Private

1993

5,497

1,534

1,534

Hungary

Direct
investment

PCA-Budafok (Kartongyar)

Upgrade of quality and productivity of recycled


paperboard facility.

Manufacturing
and services

Private

1993

11,305

2,774

2,774

Hungary

Direct
investment

Hungarian Foreign Trade Bank (MKB)

Privatisation of commercial bank.

Bank equity

Private

1994

30,100

17,465

17,465

Hungary

Direct
investment

Agricultural restructuring
project

Medium to long-term financing for small and


medium-sized enterprises in the agribusiness
sector.

Bank lending

Private

1993

5,548

5,548

5,548

All investments 1991- 2009

Budapest Bank

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Hungary

Direct
investment

Hungary

Description

Sector

Portfolio
Class

Hungarian Foreign Trade Bank (MKB)

Issue of bonds in commercial bank.

Bank lending

Private

1993

33,234

7,669

7,669

Direct
investment

Framochem BorsodChem/SNPE

Upgrade and enlargement of chemical plant and Manufacturing


improvement of environmental performance.
and services

Private

1994

5,143

572

572

Hungary

Direct
investment

Hungarian
Telecommunications

Improvement of telecommunications in rural


areas.

Telecoms,
Private
informatics and
media

1993

241,973

50,880

50,880

Hungary

Direct
investment

Hungarian
Telecommunications

Improvement of telecommunications in rural


areas.

Telecoms,
Private
informatics and
media

1992

209,669

33,600

33,600

Hungary

Direct
investment

Budapest orbital motorway

Construction of south-western portion of the


orbital motorway.

Transport

State

1992

108,800

21,000

21,000

Hungary

Direct
investment

BorsodChem

Privatisation of manufacturer and processor of


PVC and MDI.

Manufacturing
and services

Private

1996

14,765

14,765

14,765

Hungary

Direct
investment

Central business centre

Construction of business centre in Budapest.

Property and
tourism

Private

1994

18,467

2,927

2,927

5,853

Hungary

Direct
investment

Magyar Hotel

Investment in low budget hotel.

Property and
tourism

Private

1993

1,713

856

856

Hungary

Direct
investment

Westel Radiotelefon

Expansion of national mobile cellular


telecommunications system.

Telecoms,
Private
informatics and
media

1992

6,935

6,935

6,935

Hungary

Regional
investment

New Europe East Investment


Fund

Equity fund supporting private companies and


joint ventures.

Equity funds

1993

20,158

4,938

4,938

All investments 1991- 2009

Sub project

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Hungary

Direct
investment

Eurocorp

Equity investment in corporate finance advisory


company, providing additional capital for its
operations.

Bank equity

Private

1993

2,187

100

100

Hungary

Direct
investment

M1-M15 Motorway (including


guarantee)

Construction of section of motorway from Gyor to Transport


the Austrian border and a section from the M1 to
Bratislava.

Private

1993

235,752

64,217

3,568

67,785

Hungary

Regional
investment

Dun and Bradstreet

Development of business information services in Insurance and


central and eastern Europe.
financial
services

Private

1993

342

342

342

Hungary

Direct
investment

Goldsun

Expansion and modernisation of fruit and


vegetable freezing and processing operation.

Agribusiness

Private

1993

4,053

4,053

4,053

Hungary

Direct
investment

Fusion Investment Company

Development of Burger King franchises in


Hungary.

Property and
tourism

Private

1992

17,867

2,980

2,980

Hungary

Direct
investment

General Motors

Establishment of engine manufacturing and car


assembly plant.

Manufacturing
and services

Private

1992

82,062

30,678

30,678

Hungary

Direct
investment

Agricultural restructuring
project

Magyar Hitel Bank

Medium to long-term financing for small and


medium-sized enterprises in the agribusiness
sector.

Bank lending

Private

1994

9,150

9,150

9,150

Hungary

Direct
investment

Agricultural restructuring
project

Kereskedelmi es Hitel Bank Medium to long-term financing for small and


medium-sized enterprises in the agribusiness
sector.

Bank lending

Private

1993

30,232

30,232

30,232

Hungary

Direct
investment

Agricultural restructuring
project

OTP Bank

Medium to long-term financing for small and


medium-sized enterprises in the agribusiness
sector.

Bank lending

Private

1993

15,503

15,503

15,503

Hungary

Direct
investment

Budapest Bank

Privatisation of major state-owned bank.

Bank equity

Private

1995

36,644

36,644

36,644

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Hungary

Direct
investment

OTP Bank

Expansion of OTPs lending capabilities.

Bank lending

Private

1994

9,016

9,016

9,016

Hungary

Direct
investment

MOL Zsana

Construction and operation of underground


natural gas storage facility at depleted Zsana
natural gas field.

Natural
Resources

Private

1994

58,950

17,338

17,338

Hungary

Regional
investment

Advent Private Equity Fund


Central Europe

Private equity fund supporting small and medium- Equity funds


sized enterprises in central and eastern Europe.

Private

1994

5,647

2,318

2,318

Hungary

Direct
investment

M5 motorway

Construction, operation and maintenance of the


M5 toll motorway.

Transport

Private

1995

309,708

52,321

8,720

61,041

Hungary

Direct
investment

MAV

Upgrade of freight and passenger rolling stock


and investments in revenue collection systems.

Transport

State

1998

220,000

40,000

40,000

Hungary

Direct
investment

Hungarian Capital Fund

Purchase, restructuring, upgrade and sale of


Hungarian companies.

Equity funds

Private

1995

19,043

9,443

9,443

Hungary

Regional
investment

East European Food Fund

Investment fund focusing on food and beverage


sector.

Agribusiness

Private

1995

33,117

7,817

7,817

Hungary

Direct
investment

Investel

Partial financing for HTCs capital expenditure


programme.

Telecoms,
Private
informatics and
media

1995

649,253

11,096

11,096

Hungary

Direct
investment

Deltav

Modernisation and development of efficient


telecommunications system.

Telecoms,
Private
informatics and
media

1995

131,673

10,404

10,404

20,808

Hungary

Regional
investment

MBA loan project

Financial support for students undertaking MBA


degrees at top-tier business schools.

Bank lending

1995

1,534

489

367

856

All investments 1991- 2009

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Hungary

Direct
investment

Budapest Bank

Credit line to assist environment and energy


projects.

Bank lending

Private

1996

26,832

9,332

9,332

Hungary

Direct
investment

Cofinec SA (Kner)

Equity investment in printer of packaging


materials.

Manufacturing
and services

Private

1995

10,058

4,200

4,200

Hungary

Direct
investment

Agricultural restructuring
project

Kereskedelmi es Hitel Bank Medium to long-term financing for small and


medium-sized enterprises in the agribusiness
sector.

Bank lending

Private

1996

25,985

25,985

25,985

Hungary

Direct
investment

Agricultural restructuring
project

Budapest Bank

Medium to long-term financing for small and


medium-sized enterprises in the agribusiness
sector.

Bank lending

Private

1995

347

347

347

Hungary

Direct
investment

Graboplast

Expansion and restructuring of leading artificial


leather, floor covering and wallpaper
manufacturer.

Manufacturing
and services

Private

1995

4,944

2,400

2,400

Hungary

Direct
investment

OTP Bank

Expansion of OTPs lending capabilities.

Bank lending

Private

1996

36,728

36,728

36,728

Hungary

Direct
investment

Dalkia Prometheus

Investment in energy service companies.

Municipal and
environmental
infrastructure

Private

1995

3,786

3,786

3,786

Hungary

Regional
investment

Environmental Investment
Fund

Support for companies undertaking environment- Municipal and


related projects in the infrastructure sector.
environmental
infrastructure

Private

1997

2,200

500

500

Hungary

Direct
investment

Hungarian Equity Partners

Mobilisation of private sector funds enabling


equity and equity-related investments.

Equity funds

Private

1997

15,610

6,811

6,811

Hungary

Direct
investment

Szikra Lapnyomda

Improvement of colour printing facilities.

Manufacturing
and services

Private

1996

10,948

3,046

3,046

6,091

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Hungary

Direct
investment

Digitel

Modernisation and development of efficient


telecommunications system.

Telecoms,
Private
informatics and
media

1996

83,988

7,099

7,099

14,199

Hungary

Regional
investment

DBG Osteuropa Holding


GmbH

Private equity fund supporting medium-sized


enterprises.

Equity funds

Private

1997

7,120

2,556

2,556

Hungary

Direct
investment

Kereskedelmi es Hitel Bank

Equity investment in commercial bank.

Bank equity

Private

1997

26,242

26,242

26,242

Hungary

Direct
investment

Winterthur multi-project facility -

Equity investment in insurance and pension


industries.

Insurance and
financial
services

Private

1997

61,719

26,415

26,415

Hungary

Regional
investment

Baring Communications

Private equity fund targeting the media and


communications sector.

Telecoms,
Private
informatics and
media

1997

11,043

2,478

2,478

Hungary

Regional
investment

Communication and
Information Technology Fund

Private equity fund targeting the media and


communications sector.

Telecoms,
Private
informatics and
media

1999

10,536

3,185

3,185

Hungary

Direct
investment

Raba

Privatisation of automotive manufacturer.

Manufacturing
and services

Private

1997

59,772

9,630

9,630

Hungary

Direct
investment

Hungarian commercial
television

Financing for TV2, one of Hungarys national


television stations.

Telecoms,
Private
informatics and
media

1997

46,045

11,179

11,179

Hungary

Direct
investment

Dalkia Prometheus

Investment in energy service companies.

Municipal and
environmental
infrastructure

Private

1997

28,924

12,899

3,225

16,124

Hungary

Direct
investment

Parmalat multi-project facility

Equity investment in dairy producer.

Agribusiness

Private

2002

27,692

9,000

9,000

All investments 1991- 2009

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Hungary

Regional
investment

Advent Central and Eastern


Europe Fund II

Private equity fund supporting small and medium- Equity funds


sized enterprises in central and eastern Europe.

Private

1997

14,822

5,814

5,814

Hungary

Direct
investment

Hungarian Foreign Trade Bank (MKB)

Privatisation of commercial bank.

Bank equity

Private

1997

60,729

11,542

11,542

Hungary

Direct
investment

CGE multi-project facility

Budapest waste-water
service

Improvement of financial and operational


performance and facilitation of private sector
involvement in sewerage services.

Municipal and
environmental
infrastructure

Private

1998

37,956

11,469

11,469

Hungary

Regional
investment

Innova/98

Private equity fund supporting small and medium- Equity funds


sized enterprises.

Private

1998

8,571

1,988

1,988

Hungary

Regional
investment

AIG New Europe Fund

Private equity fund investing in central and


eastern Europe.

Equity funds

Private

1999

35,059

6,910

6,910

Hungary

Regional
investment

Emerging Europe Capital


Investors LDC

Direct equity fund investing in central and eastern Equity funds


Europe.

Private

1999

18,356

5,838

5,838

Hungary

Regional
investment

Energy Efficiency and


Emissions Reduction Fund

Equity financing for energy efficiency and


emission-reducing projects.

Power and
energy

Private

1999

10,650

3,000

3,000

Hungary

Direct
investment

LandG ESCO Hungary

Investment in energy service companies.

Manufacturing
and services

Private

1999

3,582

621

621

1,242

Hungary

Regional
investment

MBA loan project

Financial support for students undertaking MBA


degrees at top-tier business schools.

Bank lending

Private

1998

331

69

69

138

Hungary

Direct
investment

Budapest waste-water
services

Partial privatisation of Budapest Municipal


Sewerage Company.

Municipal and
environmental
infrastructure

Private

1998

37,956

11,469

11,469

All investments 1991- 2009

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Hungary

Direct
investment

Honeywell ESCO Hungary

Investment in energy service companies.

Manufacturing
and services

Private

1999

9,030

397

397

Hungary

Direct
investment

Ozdi Acelmuvek minimill

Construction of new electric arc steel-making


furnace.

Manufacturing
and services

Private

1999

19,901

10,200

10,200

Hungary

Regional
investment

Viking River Cruises

Expansion of fleet servicing international tourists Transport


in Hungary.

Private

2001

4,855

4,855

4,855

Hungary

Regional
investment

Heitman Central Europe


Property Partners Fund

Investment in property projects, primarily office


buildings, warehousing/distribution and retail
shopping centres.

Private

2000

33,183

9,152

9,152

Hungary

Direct
investment

Budapest intermodal logistics


centre

Construction of railway line and marshalling yard Transport


to service logistics centre.

State

1999

18,139

4,739

4,739

Hungary

Direct
investment

OTP Bank

Privatisation of Hungarys largest bank.

Bank equity

Private

1999

21,508

21,508

21,508

Hungary

Regional
investment

Argus Capital Partners

Private equity fund supporting medium-sized


enterprises.

Equity funds

Private

2000

40,111

8,868

8,868

Hungary

Direct
investment

M1-M15 Motorway (including


guarantee)

Construction of section of motorway from Gyor to Transport


the Austrian border and a section from the M1 to
Bratislava.

State

1999

204,108

65,128

65,128

Hungary

Regional
investment

Accession Mezzanine Capital -

Establishment of first dedicated mezzanine fund, Equity funds


supporting mature companies.

Private

2002

14,800

6,000

6,000

Hungary

Regional
investment

Private Equity Fund Facility

Equity investment in leading commercial property Property and


developer and operator.
tourism

Private

1999

32,671

6,803

6,803

All investments 1991- 2009

Trigranit

Property and
tourism

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Hungary

Regional
investment

EU/EBRD SME Finance


Facility

Euroventures Danube

Private equity fund supporting small and medium- Equity funds


sized enterprises.

Private

2001

11,330

1,165

1,165

Hungary

Regional
investment

Raiffeisen EU Enlargement
Fund

Private equity fund supporting small and medium- Equity funds


sized enterprises in central and eastern Europe.

Private

2001

8,539

4,114

4,114

Hungary

Regional
investment

DVI Inc

Provision of medical equipment for hospitals and Insurance and


diagnostic centres.
financial
services

Private

2001

4,260

1,130

1,130

Hungary

Regional
investment

Innova/3

Private equity fund supporting small and medium- Equity funds


sized enterprises.

Private

2001

37,665

4,465

4,465

Hungary

Regional
investment

Private Equity Fund Facility

Trigranit

Equity investment in leading commercial property Property and


developer and operator.
tourism

Private

2001

2,874

577

577

Hungary

Direct
investment

Invitel

Consolidation of VTHs regional operations into a Telecoms,


Private
single nationwide structure.
informatics and
media

2001

268,178

47,373

47,373

Hungary

Direct
investment

Tecnicredito Hungary

Syndicated loan to consumer credit company


financing the acquisition of automobiles.

Insurance and
financial
services

Private

2001

25,000

10,000

10,000

Hungary

Direct
investment

EU/EBRD SME Finance


Facility

Volksbank

Financing for small and medium-sized


enterprises.

Bank lending

Private

2001

9,238

9,238

9,238

Hungary

Direct
investment

M5 motorway - refinancing

Construction, operation and maintenance of the


M5 toll motorway.

Transport

Private

2004

221,250

67,500

67,500

Hungary

Direct
investment

EU/EBRD SME Finance


Facility

Euroleasing

Credit lines for on-lending to small and medium- Insurance and


sized businesses.
financial
services

Private

2003

7,537

7,537

7,537

All investments 1991- 2009

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Hungary

Direct
investment

MOL Duna waste-water


treatment plant

Expansion and upgrade of waste-water treatment Municipal and


facilities at MOL's Duna refinery.
environmental
infrastructure

Private

2003

37,119

12,327

12,327

Hungary

Regional
investment

DBG Osteuropa Holding


GmbH

Private equity fund supporting medium-sized


enterprises.

Equity funds

Private

2003

21,780

6,600

6,600

Hungary

Regional
investment

Heitman Central Europe


Property Partners Fund

Investment in property projects, primarily office


buildings, warehousing/distribution and retail
shopping centres.

Property and
tourism

Private

2002

24,799

8,050

8,050

Hungary

Regional
investment

Orco Aparthotels

Expansion of extended-stay hotel chain.

Property and
tourism

Private

2003

16,362

1,166

583

1,749

Hungary

Regional
investment

Accession Fund

Property investments in the Czech Republic.

Property and
tourism

Private

2004

60,000

15,000

15,000

Hungary

Direct
investment

Cora

Expansion of hypermarket operations.

Agribusiness

Private

2003

175,965

41,181

41,181

Hungary

Direct
investment

MOL environmental loan

Environmental improvements to refineries and


improvement of gas transfer and filling stations.

Natural
Resources

Private

2003

750,000

150,000

150,000

Hungary

Direct
investment

EU/EBRD SME Finance


Facility

CIB Leasing

Credit lines for on-lending to small and medium- Insurance and


sized businesses.
financial
services

Private

2004

10,000

10,000

10,000

Hungary

Direct
investment

Euroventures Hungary III

Private equity fund supporting small and medium- Equity funds


sized enterprises.

Private

2003

46,000

15,000

15,000

Hungary

Direct
investment

Internet Framework

Laserbit

Investment in laser-based transmission company. Telecoms,


Private
informatics and
media

2003

5,257

1,666

1,666

All investments 1991- 2009

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Hungary

Regional
investment

Private Equity Fund Facility

Trigranit

Equity investment in leading commercial property Property and


developer and operator.
tourism

Private

2004

36,159

639

639

Hungary

Direct
investment

Dalkia Prometheus

Provision of energy services to private and


municipal clients.

Municipal and
environmental
infrastructure

Private

2003

2,972

572

572

Hungary

Direct
investment

EU/EBRD SME Finance


Facility

Volksbank

Financing for small and medium-sized


enterprises.

Bank lending

Private

2003

5,000

5,000

5,000

Hungary

Direct
investment

Volksbank Hungary
subordinated debt

Credit lines to assist small and medium-sized


enterprises and local entrepreneurs.

Bank lending

Private

2003

10,000

10,000

10,000

Hungary

Regional
investment

TUI advance payments

Upgrade and expansion of hotels in Hungary.

Property and
tourism

Private

2003

2,025

2,025

2,025

Hungary

Direct
investment

EU/EBRD SME Finance


Facility

Budapest Leasing

Credit lines for on-lending to small and medium- Insurance and


sized businesses.
financial
services

Private

2003

20,000

20,000

20,000

Hungary

Regional
investment

Polish Enterprise Fund V

Private equity fund investing in enterprises in


Hungary.

Equity funds

Private

2004

1,395

1,395

1,395

Hungary

Regional
investment

Advent Central and Eastern


Europe Successor Fund

Private equity fund investing in Hungary.

Equity funds

Private

2004

33,047

5,000

5,000

Hungary

Direct
investment

UNIQA Biztosito RT

Equity investment in insurer.

Insurance and
financial
services

Private

2004

11,012

11,012

11,012

Hungary

Regional
investment

Southeast Europe Equity Fund II

Equity fund investing in private funds in southeastern Europe.

Equity funds

Private

2005

3,624

3,624

3,624

All investments 1991- 2009

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Hungary

Direct
investment

M5 motorway Phase II

Completion of remaining 47 km of M5 motorway Transport

Private

2004

900,000

100,000

100,000

Hungary

Regional
investment

Europolis II

Development of commercial property projects.

Property and
tourism

Private

2004

17,162

1,624

2,165

3,788

Hungary

Direct
investment

EU/EBRD SME Finance


Facility

Merkantil

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

Insurance and
financial
services

Private

2005

2,119

2,119

2,119

Hungary

Direct
investment

EU/EBRD SME Finance


Facility

FranFinance

Credit lines for on-lending to small and medium- Insurance and


sized businesses.
financial
services

Private

2004

10,000

10,000

10,000

Hungary

Direct
investment

EU/EBRD SME Finance


Facility

HVB Leasing

Credit lines for on-lending to small and medium- Insurance and


sized businesses.
financial
services

Private

2004

10,295

10,295

10,295

Hungary

Direct
investment

M6 motorway

Financing of the M6 motorway on a design-build- Transport


finance-operate basis (DBFO) under a publicprivate partnership scheme.

Private

2005

404,164

25,313

25,313

Hungary

Direct
investment

Dalkia Prometheus

Additional investment in energy service company. Municipal and


environmental
infrastructure

Private

2004

13,179

1,179

1,179

Hungary

Direct
investment

EU/EBRD SME Finance


Facility

Deutsche Leasing Hungaria Credit line for on-lending to small and mediumsized businesses.

Insurance and
financial
services

Private

2005

10,055

10,055

10,055

Hungary

Regional
investment

Volia Voda

Equity investment in Volia Voda enabling it to


expand in central and eastern Europe, Russian
and Ukraine.

Municipal and
environmental
infrastructure

Private

2007

8,400

8,400

8,400

Hungary

Direct
investment

EU/EBRD SME Finance


Facility

Budapest Leasing

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

Insurance and
financial
services

Private

2005

5,000

5,000

5,000

All investments 1991- 2009

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Hungary

Direct
investment

EU/EBRD SME Finance


Facility

CIB Leasing

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

Insurance and
financial
services

Private

2005

3,000

3,000

3,000

Hungary

Regional
investment

Argus Capital Partners II

Private equity fund supporting medium-sized


enterprises. Successor to the Argus Capital
Partners fund.

Equity funds

Private

2005

4,000

4,000

4,000

Hungary

Regional
investment

Emerging Europe
Convergence Fund II

Direct equity fund investing in central and eastern Equity funds


Europe.

Private

2005

3,600

3,600

3,600

Hungary

Regional
investment

Volia Transport (formerly


Connex)

Equity funding to expand transport services.

Private

2005

47,048

15,298

15,298

Hungary

Direct
investment

M6 Motorway Refinancing

Loan to finance construction of the M6 motorway. Transport

Private

2006

482,000

32,000

32,000

Hungary

Regional
investment

SG AM Eastern Europe

Investment in consumer services and


manufacturing companies.

Equity funds

Private

2005

5,400

3,000

3,000

Hungary

Regional
investment

GED Eastern Fund II

Private equity fund investing in small and medium Equity funds


sized businesses primarily in Bulgaria, Hungary
and Romania.

Private

2006

7,000

2,000

2,000

Hungary

Regional
investment

Alpha CEE II

Diversified regional private equity fund dedicated Equity funds


to central and eastern Europe.

Private

2006

7,500

7,500

7,500

Hungary

Regional
investment

Royalton Partners II

Equity financing for local service providers.

Private

2007

5,000

5,000

5,000

Hungary

Direct
investment

EU/EBRD Rural Finance


Facility

SG Equipment Finance
Hungary

Funding for leases to farms and small enterprises Insurance and


for up to 250,000 in rural areas of Hungary.
financial
services

Private

2007

5,000

5,000

5,000

All investments 1991- 2009

Municipal and
environmental
infrastructure

Equity funds

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Hungary

Direct
investment

Parmalat

Acquisition of shares in Parmalat.

Agribusiness

Private

2005

1,393

1,393

1,393

Hungary

Direct
investment

EU/EBRD Rural Financing


Facility

Credit line to Budapest Leasing for on-lending to Insurance and


small and medium-sized businesses in rural
financial
areas.
services

Private

2006

5,000

5,000

5,000

Hungary

Regional
investment

AIG New Europe Fund II

Equity funds
Regional private equity fund investing in equity
and equity securities of companies in central and
south-eastern Europe, subsidiary of AIG Global
Investment Group.

Private

2006

5,000

5,000

5,000

Hungary

Regional
investment

Syntaxis Mezzanine Fund

Fund with a portfolio of Central European


investments, in various sectors.

Equity funds

Private

2007

2,600

2,500

2,500

Hungary

Regional
investment

Accession Mezzanine Capital II -

Private equity fund investing in central and south- Equity funds


eastern European as well as Russia and Ukraine.

Private

2007

30,000

6,000

6,000

Hungary

Direct
investment

HospInvest

Capital increase in Hungary's first hospital


management company.

Manufacturing
and services

Private

2007

4,000

4,000

4,000

Hungary

Direct
investment

Special Restructuring
Programme (SRP)

Ganz Gipgyar Holding

Design, manufacture, sales and installation of


engineered products for rail, power and
construction machinery.

Equity funds

Private

1996

4,043

4,043

4,043

Hungary

Direct
investment

M6-M60 Motorway

Loan for expansion of the Hungarian motorway


network.

Transport

Private

2008

966,237

75,000

75,000

Hungary

Regional
investment

EnerCap

Private equity fund dedicated to investing in


Power and
renewable energy and energy efficiency projects energy
in central and south-eastern Europe.

Private

2007

10,000

2,500

2,500

Hungary

Regional
investment

Advent Central and Eastern


Europe IV

Support investment into central and southeastern European and Ukrainian companies.

Private

2008

5,000

5,000

5,000

All investments 1991- 2009

Equity funds

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Hungary

Regional
investment

CEE Special Situations Fund

CRG Capital

Investment in an equity fund managed by CRG


Partners targeting distressed and underperforming companies.

Equity funds

Private

2009

3,000

3,000

3,000

Hungary

Regional
investment

Aqualia Investment Venture

Equity in a new company that invests in water


concessions and acquires other privately held
water groups.

Municipal and
environmental
infrastructure

Private

2009

16,327

8,000

8,000

Hungary

Direct
investment

EU/EBRD Municipal Finance


Facility

Raiffeisenbank Hungary

Credit line for on-lending to municipalities for


energy efficiency purposes.

Bank lending

Private

2009

25,000

9,000

9,000

Hungary

Direct
investment

OTP Bank

Loan to support a key bank in response to the


global financial crisis.

Bank lending

Private

2009

200,000

200,000

200,000

Hungary

Direct
investment

OTP Bank

Support for the currency hedging of a strong bank Insurance and


with a regional presence throughout central and financial
eastern Europe.
services

Private

2009

38,000

38,000

38,000

Hungary

Direct
investment

Unicredit Group

Unicredit Bank Hungary

Medium and long-term debt financing in support Bank lending


of SMEs, lease finance and energy efficiency
projects.

Private

2009

50,000

50,000

50,000

Hungary

Regional
investment

Resource Eastern European


Equity Partners I

Support for institution building and expansion of


private equity, business improvement and best
ethics and governance.

Private

2009

4,200

1,250

1,250

Hungary

Direct
investment

MOL Hungarian Oil and Gas


Public Ltd

The completion and conversion of a reservoir into Natural


an underground gas storage facility.
Resources

Private

2009

200,000

200,000

200,000

Hungary

Direct
investment

Erste Bank

Credit line for on-lending to small and mediumsized enterprises.

Bank lending

Private

2009

100,000

50,000

50,000

Hungary

Regional
investment

Heitman Eastern European


Property Fund

An equity investment into Heitman European


Property Partners IV, an investment vehicle
pursuing long-term capital appreciation through
real estate investments.

Property and
tourism

Private

2009

18,220

3,000

3,000

All investments 1991- 2009

Equity funds

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Hungary

Direct
investment

OTP Bank

Private

2009

20,000

20,000

20,000

Kazakhstan Direct
investment

Aktau port

Bank equity
The project will enhance the capital of OTP,
thereby helping the bank to mitigate the impact of
the recession and strengthen its market position
in the current challenging environment in Hungary
as well as in the region in which it operates.
Reconstruction of port, modernisation of
Transport
equipment and expansion of facilities.

State

1996

50,614

36,743

36,743

Kazakhstan Regional
investment

First NIS Regional Fund

Equity fund investing in companies in the New


Independent States (NIS).

Equity funds

Private

1994

518

310

310

Kazakhstan Direct
investment

National Bank of Kazakhstan

Financing for small and medium-sized


enterprises.

Bank lending

Private

1993

33,307

31,226

31,226

Kazakhstan Direct
investment

KTZ track maintenance and


commercialisation project

Improvement of track maintenance on AlmatyAstana line.

Transport

State

1999

63,194

45,079

45,079

Kazakhstan Direct
investment

Ispat-Karmet

Improvement of steel mill and coal mines,


restoring production capacity and improving
environmental standards.

Manufacturing
and services

Private

1997

271,552

37,532

37,532

Kazakhstan Regional
investment

AIG Silk Road Fund

Financing for small and medium-sized private


Equity funds
sector enterprises and joint ventures operating in
Russia and Central Asia.

Private

1997

18,902

3,644

3,644

Kazakhstan Direct
investment

Kazkommertsbank (KKB)

Financing for small and medium-sized


enterprises.

Bank lending

Private

1998

27,741

27,741

27,741

Kazakhstan Direct
investment

Turan Alem Towers

Construction, letting and management of office


development in Almaty.

Property and
tourism

Private

1999

19,051

6,428

6,428

Kazakhstan Direct
investment

Karaganda power

Repair and upgrade of power generation and heatPower and


distribution facilities.
energy

Private

1998

30,862

10,403

10,403

All investments 1991- 2009

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Kazakhstan Direct
investment

Kazakhstan Small Business


Programme

Financing for micro and small enterprises.

Small business Private


finance

1998

60,258

60,258

60,258

Kazakhstan Direct
investment

Regional Trade Facilitation


Programme

Almaty Merchant Bank

Support for foreign trade.

Bank lending

Private

1998

1,387

1,387

1,387

Kazakhstan Direct
investment

Kazakhtelecom corporate loan -

Rationalisation of company's financing structure Telecoms,


Private
and development of its telecommunications
informatics and
network.
media

1999

17,341

17,341

17,341

Kazakhstan Direct
investment

KEGOC power transmission


and rehabilitation project

Restructuring of Kazakh power sector, reduction Power and


of transmission losses and improvement of
energy
electricity supply.

State

1999

177,405

31,209

31,209

Kazakhstan Direct
investment

Kazakhstan road sector


development

Upgrade of 245 km section of road between


Almaty and Bishkek and small-scale
improvements to access roads.

Transport

State

2000

84,377

18,908

18,908

Kazakhstan Direct
investment

Regional Trade Facilitation


Programme

Bank Turan Alem

Support for foreign trade.

Bank lending

Private

1999

10,313

772

772

1,544

Kazakhstan Direct
investment

Regional Trade Facilitation


Programme

ATF Bank

Support for foreign trade.

Bank lending

Private

1999

6,965

3,483

3,483

6,965

Kazakhstan Direct
investment

Citibank Kazakhstan

Capitalisation of commercial bank and extension Bank lending


of lending operations.

Private

2000

13,871

13,871

13,871

Kazakhstan Direct
investment

Regional Trade Facilitation


Programme

Kazkommertsbank

Support for foreign trade.

Bank lending

Private

2001

45,723

22,862

22,862

45,723

Kazakhstan Regional
investment

Baring Vostok Private Equity


Fund

Direct equity investment in medium-sized


companies.

Equity funds

Private

2000

3,860

1,832

1,832

All investments 1991- 2009

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Kazakhstan Direct
investment

Bank Turam Alem leasing

Support for leasing facility via local leasing


company.

Insurance and
financial
services

Private

2001

3,468

3,468

3,468

Kazakhstan Direct
investment

Atyrau Airport

Upgrade of "air-side" facilities and improvement Transport


of airport efficiency and air transport operations.

State

2001

20,696

17,291

17,291

Kazakhstan Direct
investment

Bank Turan Alem

Expansion of BTAs product range and lending


operations.

Bank equity

Private

2001

16,003

5,600

5,600

Kazakhstan Direct
investment

Efes Kazakhstan

Financing for Efes breweries.

Agribusiness

Private

2001

6,589

6,589

6,589

Kazakhstan Direct
investment

Road sector restructuring

Upgrade of 900 km section of road between


Atyrau and Aktau.

Transport

State

2003

171,471

79,735

79,735

Kazakhstan Regional
investment

Efes EBI

Financing for Efes breweries.

Agribusiness

Private

2002

2,568

819

819

Kazakhstan Direct
investment

Warehouse Receipts
Programme

Kazkommertsbank

Short-term lending against warehouse receipts Bank lending


for agribusiness companies, farmers and traders.

Private

2002

27,945

17,542

17,542

Kazakhstan Direct
investment

Kazkommerts Policy

Equity investment in local insurance company.

Insurance and
financial
services

Private

2003

971

971

971

Kazakhstan Direct
investment

Kazkommertsbank syndicated loan

Financing for strong private sector companies


with little access to term funding.

Bank lending

Private

2002

17,338

10,403

10,403

Kazakhstan Direct
investment

Warehouse Receipts
Programme

Short-term lending against warehouse receipts Bank lending


for agribusiness companies, farmers and traders.

Private

2002

27,741

17,338

17,338

All investments 1991- 2009

Bank Turan Alem

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Kazakhstan Direct
investment

Warehouse Receipts
Programme

AMB

Short-term lending against warehouse receipts Bank lending


for agribusiness companies, farmers and traders.

Private

2002

1,734

1,734

1,734

Kazakhstan Direct
investment

Warehouse Receipts
Programme

Halyk Savings Bank

Short-term lending against warehouse receipts Bank lending


for agribusiness companies, farmers and traders.

Private

2002

3,468

3,468

3,468

Kazakhstan Direct
investment

Agricultural equipment
financing

ATF Bank

Financing for farmers, agribusiness companies


and traders to purchase or lease equipment,
provided through ATF Bank.

Agribusiness

Private

2004

4,161

2,081

2,081

Kazakhstan Direct
investment

Bank Turan Alem

Financing for private sector companies.

Bank lending

Private

2003

20,806

6,935

6,935

Kazakhstan Direct
investment

Warehouse Receipts
Programme

Temirbank

Short-term lending against warehouse receipts Bank lending


for agribusiness companies, farmers and traders.

Private

2002

2,081

2,081

2,081

Kazakhstan Direct
investment

BTA Ipoteka mortgage loan

Credit line providing long-term mortgage loans.

Insurance and
financial
services

Private

2003

3,468

3,468

3,468

Kazakhstan Direct
investment

KEGOC north-south power


transmission

Construction of 270 km YukGres-Shu section of


electricity transmission line.

Power and
energy

State

2004

56,081

24,218

24,218

Kazakhstan Direct
investment

Kenkiyak-Atyrau oil pipeline

Refinancing construction of 448 km oil pipeline


connecting oilfields to main export routes.

Natural
Resources

Private

2004

142,590

56,592

56,592

Kazakhstan Direct
investment

Kazakhstan Small Business


Programme

Bank Turan Alem

Financing for micro and small enterprises.

Small business Private


finance

2003

6,935

6,935

6,935

Kazakhstan Direct
investment

Kazakhstan Small Business


Programme

Kazkommertsbank

Financing for micro and small enterprises.

Small business Private


finance

2003

6,935

6,935

6,935

All investments 1991- 2009

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Kazakhstan Direct
investment

Kazakhtelecom (KTC)

Institutional strengthening, modernisation and


facilitation of KTCs privatisation.

Telecoms,
State
informatics and
media

Kazakhstan Direct
investment

Kazkommertsbank

Equity investment in Kazakhstan's largest private Bank equity


bank.

Kazakhstan Direct
investment

Warehouse Receipts
Programme

Kazkommertsbank

Kazakhstan Direct
investment

Warehouse Receipts
Programme

Kazakhstan Direct
investment

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

2003

76,288

41,612

41,612

Private

2003

57,167

57,167

57,167

Short-term lending against warehouse receipts Bank lending


for agribusiness companies, farmers and traders.

Private

2003

39,358

27,741

27,741

Kazkommertsbank

Short-term lending against warehouse receipts Agribusiness


for agribusiness companies, farmers and traders.

Private

2003

58,950

5,201

5,201

Warehouse Receipts
Programme

Bank Turan Alem

Short-term lending against warehouse receipts Bank lending


for agribusiness companies, farmers and traders.

Private

2003

28,781

17,338

17,338

Kazakhstan Direct
investment

Kazakhstan Small Business


Programme

Halyk Savings Bank

Financing for micro and small enterprises.

Small business Private


finance

2003

6,935

6,935

6,935

Kazakhstan Direct
investment

Regional Trade Facilitation


Programme

Bank Center Credit

Support for foreign trade.

Bank lending

Private

2003

24,429

12,215

12,215

24,429

Kazakhstan Direct
investment

Warehouse Receipts
Programme

Bank Center Credit

Short-term lending against warehouse receipts Bank lending


for agribusiness companies, farmers and traders.

Private

2003

2,081

2,081

2,081

Kazakhstan Direct
investment

K-Mobile

Loan for network development and refinancing of Telecoms,


Private
short-term loans.
informatics and
media

2005

90,158

45,079

45,079

Kazakhstan Direct
investment

Kazakhstan Small Business


Programme

Bank Turan Alem

Financing for micro and small enterprises.

2003

6,935

6,935

6,935

All investments 1991- 2009

Small business Private


finance

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Kazakhstan Direct
investment

Kazakhstan Small Business


Programme

Bank Center Credit

Financing for micro and small enterprises.

Small business Private


finance

2003

6,935

6,935

6,935

Kazakhstan Direct
investment

Kazakhstan Small Business


Programme

ATF Bank

Financing for micro and small enterprises.

Small business Private


finance

2004

6,935

6,935

6,935

Kazakhstan Direct
investment

Bank Center Credit

For on-lending by the bank to individuals for


purchase, construction or refurbishment of their
primary residences.

Bank lending

Private

2005

6,935

6,935

6,935

Kazakhstan Direct
investment

BTA Ipoteka mortgage loan

Credit line providing long-term mortgage loans.

Insurance and
financial
services

Private

2005

3,468

3,468

3,468

Kazakhstan Direct
investment

Accumulation Pension Fund

Pre-privatisation equity investment.

Insurance and
financial
services

Private

2005

10,000

5,677

5,677

Kazakhstan Direct
investment

Agricultural equipment
financing

Bank Center Credit

Financing for farmers, agribusiness companies


and traders to purchase or lease equipment,
provided through Bank Centre Credit.

Agribusiness

Private

2004

6,430

4,161

4,161

Kazakhstan Direct
investment

Agricultural Commodity
Financing Programme

ATF Bank

Commodity financing for small and medium-sized Bank lending


agribusinesses.

Private

2004

4,864

1,396

1,396

Kazakhstan Direct
investment

Agricultural Commodity
Financing Programme

Bank Caspian

Commodity financing for small and medium-sized Bank lending


agribusinesses.

Private

2004

2,081

2,081

2,081

Kazakhstan Direct
investment

Agricultural Commodity
Financing Programme

Bank Center Credit

Commodity financing for small and medium-sized Bank lending


agribusinesses.

Private

2004

4,161

4,161

4,161

Kazakhstan Direct
investment

Agricultural Commodity
Financing Programme

Bank Turan Alem

Commodity financing for small and medium-sized Bank lending


agribusinesses.

Private

2004

45,079

27,741

27,741

All investments 1991- 2009

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Kazakhstan Regional
investment

Regional Agricultural
Commodity Programme

Commodity financing for small and medium-sized Agribusiness


agribusinesses in Kazakhstan and Russia.

Private

2004

73,081

25,574

25,574

Kazakhstan Direct
investment

Tulpar

Expansion of a residential compound in southern Property and


Kazakhstan.
tourism

Private

2005

14,564

4,161

4,161

Kazakhstan Direct
investment

Soufflet Multi-Project Facility

Altyn Bidai

Investment in barley producer.

Agribusiness

Private

2004

9,987

4,855

4,855

Kazakhstan Regional
investment

Baring Vostok Private Equity


Fund III

Private equity fund supporting medium-sized


companies in Kazakhstan, Russia and Ukraine.

Equity funds

Private

2004

70,136

8,932

8,932

Kazakhstan Direct
investment

KEGOC: North-south power


transmission

Development of YukGres-Shu power


transmission infrastructure.

Power and
energy

State

2005

165,362

33,756

33,756

Kazakhstan Direct
investment

Kazakhstan Small Business


Programme

Bank Center Credit

Financing for micro and small enterprises.

Small business Private


finance

2004

6,935

6,935

6,935

Kazakhstan Direct
investment

Central Asia Cement

Expansion and modernisation of the Karaganda


cement plant.

Manufacturing
and services

Private

2005

102,108

29,128

29,128

Kazakhstan Direct
investment

Kazkommertsbank capital
increase

Equity investment in bank.

Bank equity

Private

2005

3,871

3,871

3,871

Kazakhstan Direct
investment

RG Brands

Investment to help local beverage producer to


build a new production plant in Almaty.

Agribusiness

Private

2008

71,780

17,338

17,338

Kazakhstan Direct
investment

Warehouse Receipts
Programme

Kazkommertsbank

Short-term lending against warehouse receipts Bank lending


for agribusiness companies, farmers and traders.

Private

2005

34,330

21,846

21,846

All investments 1991- 2009

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Kazakhstan Direct
investment

Agricultural Commodity
Financing Programme

Bank Center Credit

Financing of agricultural commodities against


warehouse receipts.

Agribusiness

Private

2005

16,541

14,044

14,044

Kazakhstan Direct
investment

Agricultural Commodity
Financing Programme

ATF Bank

Financing of agricultural commodities against


warehouse receipts.

Agribusiness

Private

2005

7,169

4,672

4,672

Kazakhstan Direct
investment

Agricultural Commodity
Financing Programme

Bank Caspian

Financing of agricultural commodities against


warehouse receipts.

Agribusiness

Private

2005

11,305

8,808

8,808

Kazakhstan Direct
investment

Savola Kazakhstan

Expansion of crushing and refining facilities at


edible oil producer.

Agribusiness

Private

2005

25,661

18,032

18,032

Kazakhstan Direct
investment

Bank Caspian

Loan for on-lending to micro, small and medium- Small business Private
sized enterprises.
finance

2007

40,918

40,918

40,918

Kazakhstan Direct
investment

Bericap Kazakhstan

Construction of purpose-built facilities for


company producing plastic lids.

Manufacturing
and services

Private

2006

1,734

1,734

1,734

Kazakhstan Direct
investment

Bautino Atash Marine and


Supply Base

Construction of a supply base catering for


offshore oilfield operators.

Natural
Resources

Private

2006

47,791

12,900

12,900

Kazakhstan Direct
investment

Kazakhstan Small Business


Programme

Kazakhstan Loan Fund


(KLF)

Credit line for on-lending to micro and small


enterprises, focusing on agribusiness loans.

Small business Private


finance

2005

3,639

3,639

3,639

Kazakhstan Direct
investment

Kazakhstan Small Business


Programme III

Alliance Bank

Credit line for on-lending to micro and small


enterprises.

Small business Private


finance

2006

3,468

3,468

3,468

Kazakhstan Direct
investment

Warehouse Receipts
Programme

Short-term lending against warehouse receipts Bank lending


for agribusiness companies, farmers and traders.

2006

3,468

3,468

3,468

All investments 1991- 2009

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Kazakhstan Direct
investment

Alliance Bank

Loan provided for on-lending to local small and


medium-sized businesses.

Bank lending

Private

2006

6,935

6,935

6,935

Kazakhstan Direct
investment

Bautino Atash Marine and


Supply Base

Equity investment in supply base catering for


offshore oilfield operators.

Natural
Resources

Private

2007

7,926

7,926

7,926

Kazakhstan Direct
investment

Steppe Cement

Loan covering expansion and modernisation of


the Karaganda cement plant.

Manufacturing
and services

Private

2006

14,863

1,859

1,859

Kazakhstan Regional
investment

Clean Globe International Oil


Spill Protection

Establishment of crude oil spill response centres Natural


Resources
in key locations in the Banks countries of
operations and provision of regional training,
prevention and remedial services

Private

2007

7,505

425

425

Kazakhstan Direct
investment

Kazakhstan Kagazy

Loan to complete the restructuring and expansion Manufacturing


of a paper business.
and services

Private

2007

33,000

20,000

20,000

Kazakhstan Regional
investment

Centras Private Equity Fund

Private equity fund investing in companies


operating in or exporting products or services
from Kazakhstan, Russia and Central Asia.

Equity funds

Private

2007

7,340

7,340

7,340

Kazakhstan Direct
investment

Soufflet Multi-project Facility

Kazakhstan ACL 2007

Financing of barley for malt production.

Agribusiness

Private

2007

12,875

12,875

12,875

Kazakhstan Direct
investment

Kazkommertsbank

Equity investment to promote growth of


Kazakhstans largest commercial bank.

Bank equity

Private

2006

89,267

89,267

89,267

Kazakhstan Direct
investment

Mittal Steel Temirtau

Loan for improvements to health and safety.

Manufacturing
and services

Private

2007

69,353

69,353

69,353

Kazakhstan Direct
investment

Derbes Brewery

Loan to improve production, marketing and


distribution activities.

Agribusiness

Private

2007

90,489

28,885

28,885

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Kazakhstan Direct
investment

KazInvestBank

Support for regional expansion and development Bank equity


of retail and SME lending activities.

Private

2007

15,032

15,032

15,032

Kazakhstan Direct
investment

Kazkommertsbank

Syndicated loan to diversify lending activities into Bank lending


mortgage financing.

Private

2007

208,059

69,353

69,353

Kazakhstan Regional
investment

Baring Vostok Private Equity


Fund IV

Private equity fund investing in middle-market


enterprises.

Equity funds

Private

2007

72,810

2,070

2,070

Kazakhstan Direct
investment

Efes Kazakhstan

Local currency loan to finance expansion.

Agribusiness

Private

2007

24,290

24,290

24,290

Kazakhstan Direct
investment

Kazakhstan Kagazy Equity


Investment

Finance to complete the restructuring and


expansion of a paper business.

Manufacturing
and services

Private

2007

14,163

3,468

3,468

6,935

Kazakhstan Regional
investment

Clean Globe Oil Spill


Investment

Equity investment in oil spill response centres.

Natural
Resources

Private

2007

2,040

240

240

Kazakhstan Direct
investment

Post Privatisation Fund

Equity fund supporting financial and operational


restructuring of medium-sized enterprises.

Equity funds

Private

1996

24,443

24,443

24,443

Kazakhstan Regional
investment

Troika Dialogue

Loan to encourage development of financial


intermediation in Russia and the CIS and foster
competition on the local capital markets.

Insurance and
financial
services

Private

2007

20,632

8,842

8,842

Kazakhstan Direct
investment

Pavlodar Energo

Loan to finance refurbishment of energy


production facilities in northern Kazakhstan.

Power and
energy

Private

2007

20,806

20,806

20,806

Kazakhstan Direct
investment

Kazakhstan Small Business


Programme III

KazMicroFinance

Local currency loan for on-lending to small


businesses.

Small business Private


finance

2007

1,688

1,688

1,688

All investments 1991- 2009

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Kazakhstan Regional
investment

Meinl Caucasus and Central


Asia

Finance for the development of high-quality,


international standard retail and mixed-use
properties in Caucasus and Central Asia.

Property and
tourism

Private

2007

206,223

72,188

72,188

Kazakhstan Regional
investment

Russia Partners III

agribusinesses in Kazakhstan and Russia.

Equity funds

Private

2007

8,160

8,160

8,160

Kazakhstan Regional
investment

Baring Vostok Private Equity


Supplemental Fund

Private equity fund investing in Russia,


Kazakhstan and Ukraine.

Equity funds

Private

2007

31,267

3,462

3,462

Kazakhstan Regional
investment

Kazakhstan Growth Fund

Equity investments to strengthen private


companies.

Equity funds

Private

2008

25,794

23,583

23,583

Kazakhstan Direct
investment

KEGOC Modernisation II

Loan to modernise national transmission


operator.

Power and
energy

State

2008

254,990

127,495

127,495

Kazakhstan Direct
investment

Bautino II

Loan for construction of a vessel maintenance


facility.

Natural
Resources

Private

2008

12,033

8,530

8,530

Kazakhstan Direct
investment

Almaty Bottlers

Loan to finance the expansion and modernisation Agribusiness


of bottle production facilities and distribution
networks.

Private

2008

27,741

27,741

27,741

Kazakhstan Direct
investment

Bank CenterCredit

Loan to support expansion and development of


micro, small and medium-sized enterprises in
Kazakhstan.

Small business Private


finance

2008

34,676

34,676

34,676

Kazakhstan Direct
investment

Bank Center Credit Energy


Efficiency Financing Facility

Credit lines to local financial institutions for onlending to sustainable energy projects.

Bank lending

Private

2008

6,935

6,935

6,935

Kazakhstan Direct
investment

Bank Caspian

Loan for financing of micro, small and mediumsized enterprises and entrepreneurs across
Kazakhstan.

Small business Private


finance

2008

27,741

27,741

27,741

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Kazakhstan Regional
investment

Aureos Central Asia Fund

Equity investment to support medium-sized


enterprises in Azerbaijan, Central Asia and
Georgia.

Equity funds

Private

2008

4,963

4,963

4,963

Kazakhstan Direct
investment

Efes Kazakhstan Expansion II -

Extension on investment to finance expansion of Agribusiness


a brewing company in Karaganda and Almaty.

Private

2008

27,741

11,096

11,096

Kazakhstan Direct
investment

Almaty Electrotrans

A loan to upgrade the electric transport network


of trams and trolleybuses in Almaty.

State

2009

6,935

6,935

6,935

Kazakhstan Direct
investment

RTSDecaux

Support for the expansion of street furniture and Telecoms,


Private
outdoor advertising operations in Astana.
informatics and
media

2009

4,855

3,468

3,468

Kazakhstan Direct
investment

KTZ Transtelecom
Communication Infrastructure
Modernisation

Loan to upgrade telecommunications


infrastructure.

State

2008

92,239

38,144

38,144

Kazakhstan Regional
investment

Macquarie Renaissance
Infrastructure Fund

Supporting infrastructure projects in Kazakhstan, Transport


Russia and Ukraine.

Private

2008

95,360

17,338

17,338

Kazakhstan Direct
investment

South-West Corridor

Reconstruction of 102 kilometres of road between Transport


Aktobe and Martuk to the Russian border.

State

2009

2,999,515

124,835

124,835

Kazakhstan Direct
investment

Shymkent Vodokanal

Loan to a private water utility in Shymkent to


upgrade the water and wastewater system.

Municipal and
environmental
infrastructure

Private

2009

5,548

5,548

5,548

Kazakhstan Direct
investment

Unicredit Group

ATF Bank

Loan to Unicredit subsidiaries in support of


energy efficiency projects.

Bank lending

Private

2009

20,806

20,806

20,806

Kazakhstan Direct
investment

CAEPCo

Equity for CAEPCo's investment programme,


including upgrading generation and distribution
assets.

Power and
energy

Private

2009

271,023

42,756

42,756

All investments 1991- 2009

Municipal and
environmental
infrastructure

Transport

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Kazakhstan Direct
investment

Mid-sized Corporate Support


Facility

Steppe Equity 2

Support for a cement producer.

Manufacturing
and services

Private

2009

11,290

666

666

Kazakhstan Regional
investment

Soufflet Agriculture

Loan for working capital.

Agribusiness

Private

2009

10,000

10,000

10,000

Kazakhstan Direct
investment

Unicredit Group

ATF Bank

Credit line to Unicredit subsidiaries for on-lending Bank lending


to micro, small and medium-sized businesses.

Private

2009

48,547

48,547

48,547

Kazakhstan Direct
investment

Mid-Sized Corporate Support


Facility

Almaty Bottlers Extension

Finance to ease liquidity constraings at a Kazakh Agribusiness


bottling plant.

Private

2009

17,338

17,338

17,338

Kazakhstan Direct
investment

Bank CenterCredit

Five-year loan to be used for on-lending to micro, Bank lending


small and medium-sized enterprises across
Kazakhstan.

Private

2009

34,676

17,338

17,338

Kazakhstan Direct
investment

Kazexportastyk

A loan to an integrated agro-industrial holding, to Agribusiness


finance working capital to maintain and expand a
modernisation programme.

Private

2009

48,547

13,871

13,871

Kazakhstan Direct
investment

Kazakhstan Small Business


Programme III

Kazmicrofinance III

Local currency loan for on-lending to small


businesses.

Small business Private


finance

2009

2,102

1,051

1,051

Kyrgyz
Republic

Regional
investment

First NIS Regional Fund

Equity fund investing in companies in the New


Independent States (NIS).

Equity funds

Private

1994

518

310

310

Kyrgyz
Republic

Direct
investment

Kumtor Gold Company

Expansion of gold mining facilities.

Natural
Resources

Private

1995

302,711

10,026

10,026

20,052

Kyrgyz
Republic

Direct
investment

Kyrgyz Agribusiness Company (KAC)

Supply of farm equipment, storage facilities and


assistance with processing, marketing and
distribution of grain products.

Agribusiness

Private

1995

13,716

5,081

5,081

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Kyrgyz
Republic

Direct
investment

SME credit line

Financing for small and medium-sized


enterprises.

Bank lending

Private

Kyrgyz
Republic

Direct
investment

Kyrgyz Telecommunications

Modernisation and expansion of national


telecommunications network.

Kyrgyz
Republic

Direct
investment

Talas transmission network

Kyrgyz
Republic

Direct
investment

Talas transmission network

Kyrgyz
Republic

Direct
investment

Kyrgyz
Republic

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

1995

7,282

7,282

7,282

Telecoms,
State
informatics and
media

1994

39,389

6,505

6,505

Improvement of transmission and distribution


network in the Talas region.

Power and
energy

State

1995

25,806

25,791

25,791

Improvement of transmission and distribution


network in the Talas region.

Power and
energy

State

1997

17,158

16,208

16,208

Demirbank Kyrgyzstan

Equity investment in Demirbank.

Bank equity

Private

1996

2,252

439

439

Direct
investment

Hotel Kyrgyzstan

Refurbishment of hotel to four-star international


standard.

Property and
tourism

Private

1997

16,298

5,548

5,548

Kyrgyz
Republic

Direct
investment

Kyrgyz Investment and Credit Bank (KICB)

Development of bank specialising in commercial Bank equity


and project term loans, trade finance and shortterm working capital.

Private

2001

11,417

615

1,231

1,846

Kyrgyz
Republic

Direct
investment

Bistyle (formerly New Kadam) -

Financing for footwear manufacturer.

Manufacturing
and services

Private

1998

648

648

648

Kyrgyz
Republic

Direct
investment

SME credit line

Financing for small and medium-sized


enterprises.

Bank lending

Private

1998

104

104

104

Kyrgyz
Republic

Direct
investment

Kyrgyz Agribusiness Company (KAC)

Supply of farm equipment, storage facilities and


assistance with processing, marketing and
distribution of grain products.

Agribusiness

State

1999

4,161

4,161

4,161

All investments 1991- 2009

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Kyrgyz
Republic

Direct
investment

Direct Investment Facility

Besser Kyrgyzstan

Establishment of concrete masonry block and


paving stone production plant.

Manufacturing
and services

Private

2001

1,148

624

624

Kyrgyz
Republic

Direct
investment

Regional Trade Facilitation


Programme

Demir Kyrgyz International Support for foreign trade.


Bank

Bank lending

Private

2000

13

13

13

Kyrgyz
Republic

Direct
investment

Kyrgyz Agribusiness Company (KAC)

Supply of farm equipment, storage facilities and


assistance with processing, marketing and
distribution of grain products.

Agribusiness

State

2000

555

555

555

Kyrgyz
Republic

Direct
investment

Direct Investment Facility

Upgrade of hydropower plant.

Power and
energy

Private

2001

770

427

427

Kyrgyz
Republic

Direct
investment

Kyrgyz Agribusiness Company (KAC)

Supply of farm equipment, storage facilities and


assistance with processing, marketing and
distribution of grain products.

Agribusiness

Private

1995

572

572

572

Kyrgyz
Republic

Direct
investment

Direct Investment Facility

BDC-Vytas

Expansion of dental clinic network, acquisition of Manufacturing


new premises and purchase of medical
and services
equipment.

Private

2001

1,194

651

651

Kyrgyz
Republic

Direct
investment

Direct Investment Facility

Kalipso

Development of water relaxation centre.

Manufacturing
and services

Private

2001

1,016

592

592

Kyrgyz
Republic

Direct
investment

Regional Trade Facilitation


Programme

Kyrgyz Investment and


Credit Bank (KICB)

Support for foreign trade.

Bank lending

Private

2001

518

518

518

Kyrgyz
Republic

Direct
investment

Direct Investment Facility

Ala-Archa

Construction of modern residential complex.

Property and
tourism

Private

2001

1,418

808

808

Kyrgyz
Republic

Direct
investment

Kyrgyz MSE Finance Facility

Inexim Bank

Financing for micro and small enterprises.

Small business Private


finance

2002

1,248

607

607

All investments 1991- 2009

Issyk-Ata hydro power


station

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Kyrgyz
Republic

Direct
investment

Inexim Bank

Equity investment in Inexim Bank with Temir


Bank Kazakhstan.

Bank equity

Private

2003

3,707

986

986

1,973

Kyrgyz
Republic

Direct
investment

Kyrgyz MSE Finance Facility

AKB Kyrgyzstan

Financing for micro and small enterprises.

Small business Private


finance

2003

2,081

832

832

Kyrgyz
Republic

Direct
investment

Interglass

Introduction of production lines for silver mirror


glass and tempered glass.

Manufacturing
and services

Private

2004

13,337

5,500

5,500

Kyrgyz
Republic

Direct
investment

Kyrgyz MSE Finance Facility

Inexim Bank

Credit lines to Inexim Bank for on-lending to


micro, small and medium-sized businesses.

Small business Private


finance

2004

2,081

936

936

Kyrgyz
Republic

Regional
investment

Centerra Gold (formerly


Kumtor Gold Company)

Equity investment in gold producer.

Natural
Resources

Private

2004

10,170

10,170

10,170

Kyrgyz
Republic

Direct
investment

Kyrgyz MSE Finance Facility

AKB Kyrgystan

Credit lines to AKB Kyrgyzstan for on-lending to


micro, small and medium-sized businesses.

Small business Private


finance

2004

3,121

936

936

Kyrgyz
Republic

Direct
investment

Kyrgyz MSE Finance Facility

Inexim Bank

Financing for micro and small enterprises.

Small business Private


finance

2005

2,982

1,543

1,543

Kyrgyz
Republic

Direct
investment

Raduga-II

Expansion of Raduga tourist resort at Issyk-Kul


Lake.

Property and
tourism

Private

2005

11,096

4,161

4,161

Kyrgyz
Republic

Direct
investment

Direct Lending Facility

Cotton Corporate Limatex


WC Facility

Working capital facility.

Agribusiness

Private

2005

694

694

694

Kyrgyz
Republic

Direct
investment

Kyrgyz MSE Finance Facility

Kazkommertsbank

Financing for micro and small enterprises.

Small business Private


finance

2005

3,468

1,560

1,560

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Kyrgyz
Republic

Direct
investment

Kyrgyz
Republic

Description

Sector

Kyrgyz MSE Finance Facility II ECO Bank

Credit lines for on-lending to micro and small


businesses.

Small business Private


finance

2006

347

347

347

Direct
investment

Inexim Bank

Equity investment.

Bank equity

Private

2005

1,288

1,288

1,288

Kyrgyz
Republic

Direct
investment

ETC Non-Bank MFI


Framework

Bai Tushum

Financing for micro and small enterprises.

Small business Private


finance

2005

1,387

1,179

1,179

Kyrgyz
Republic

Direct
investment

ETC Non-Bank MFI


Framework

Finca Micro Credit


Company

Financing for micro and small enterprises.

Small business Private


finance

2005

1,387

1,040

1,040

Kyrgyz
Republic

Direct
investment

OJSC Aiyl Bank

Small business Private


Support for micro, small and medium-sized
businesses through on-lending to micro and small finance
businesses, and prepare KAFC for
transformation into a bank.

2006

1,387

1,387

1,387

Kyrgyz
Republic

Direct
investment

ETC Non-bank MFI


Framework II

Kompanion

Credit line for on-lending to micro, small and


medium-sized businesses.

2007

694

694

694

Kyrgyz
Republic

Direct
investment

Medium-sized Loan Cofinancing Facility

Abdysh-Ata

Sub-loan to Abdysh-Ata brewery through Kyrgyz Agribusiness


Investment Credit Bank.

Private

2005

900

450

450

Kyrgyz
Republic

Direct
investment

Direct Lending Facility

Karven Village

Finance for development of cottages and


apartments at lake resort.

Property and
tourism

Private

2006

784

784

784

Kyrgyz
Republic

Direct
investment

Kyrgyz MSE Finance Facility II KICB MSE

Credit lines for on-lending to micro and small


businesses.

Small business Private


finance

2006

2,081

2,081

2,081

Kyrgyz
Republic

Direct
investment

Direct Lending Facility

Financing construction of an office complex.

Property and
tourism

2006

2,774

2,774

2,774

All investments 1991- 2009

Sub project

Orion Hotels

Portfolio
Class

Small business Private


finance

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Kyrgyz
Republic

Direct
investment

Direct Investment Facility

Karven Club

Financing construction of resort, consisting of


residences and sports and leisure facilities.

Property and
tourism

Private

2006

210

210

210

Kyrgyz
Republic

Direct
investment

ETC Non-bank MFI


Framework II

Bai Tushum

Credit line provided to increase financing to the


smallest enterprises through on-lending.

Small business Private


finance

2006

694

694

694

Kyrgyz
Republic

Regional
investment

Centras Private Equity Fund

Private equity fund investing in companies


operating in or exporting products or services
from Kazakhstan, Russia and Central Asia.

Equity funds

Private

2007

629

629

629

Kyrgyz
Republic

Direct
investment

ETC Non-bank MFI


Framework II

Frontiers

Loan to support micro enterprises in Kyrgyz


Republic.

Small business Private


finance

2007

694

694

694

Kyrgyz
Republic

Direct
investment

Direct Lending Facility

Karven Four Seasons

Financing construction of resort, consisting of


residences and sports and leisure facilities.

Property and
tourism

Private

2006

2,635

2,635

2,635

Kyrgyz
Republic

Direct
investment

Medium-sized Loan Cofinancing Facility

Kyrgyz Investment and


Credit Bank

Financing the expansion of the Silk Road lodge


hotel.

Property and
tourism

Private

2007

1,400

700

700

Kyrgyz
Republic

Direct
investment

Kyrgyz Financial Sector


Framework

Kyrgyz Investment and


Credit Bank

Loan to KICB to encourage tourism opportunities Bank lending


for small businesses.

Private

2007

2,081

2,081

2,081

Kyrgyz
Republic

Direct
investment

Kyrgyz MSE Finance Facility II Kazkommertsbank

Loan for on-lending to micro, small and medium- Small business Private
sized enterprises.
finance

2007

2,774

2,774

2,774

Kyrgyz
Republic

Direct
investment

Kyrgyz Financial Sector


Framework

Kyrgyz Investment and


Credit Bank

Loan to KICB for on-lending to residential


mortgage customers.

Private

2007

1,387

1,387

1,387

Kyrgyz
Republic

Direct
investment

ETC Non-bank MFI


Framework II

Investment to increase financing for MSEs in the Small business Private


ETCs and to assist non-bank microfinance
finance
institutions.

2008

1,387

1,387

1,387

All investments 1991- 2009

Bank lending

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Kyrgyz
Republic

Regional
investment

Kazakhstan Growth Fund

Equity investments to strengthen private


companies.

Equity funds

Private

2008

910

832

832

Kyrgyz
Republic

Direct
investment

Direct Investment Facility

Dairy Spring

Portfolio of equity-driven investments in primarily Agribusiness


small and medium-sized private sector
enterprises.

Private

2008

1,213

935

935

Kyrgyz
Republic

Direct
investment

Direct Lending Facility

Stolichnyi Confectionery

Loans facility for medium to large-sized local


private companies in the Early Transition
Countries.

Agribusiness

Private

2008

681

681

681

Kyrgyz
Republic

Direct
investment

Direct Lending Facility

Travertine

Loans facility for medium to large-sized local


private companies in the Early Transition
Countries.

Manufacturing
and services

Private

2008

555

555

555

Kyrgyz
Republic

Direct
investment

ETC Non-Bank MFI


Framework II

Kompanion II

Investment to increase financing from micro and Small business Private


small enterprises in the Early Transition Countries finance
and to assist the non-bank microfinance
institutions.

2008

2,081

2,081

2,081

Kyrgyz
Republic

Direct
investment

Osh-Isfana road

Upgrading of part of the OshBatkenIsfana road Transport


in the south-west of the country.

State

2009

49,012

24,274

24,274

Kyrgyz
Republic

Direct
investment

Direct Lending Facility

Bravo

DLF loans under Early Transition Country


Initiative to local quarry and housing
development.

Private

2008

2,289

2,289

2,289

Kyrgyz
Republic

Direct
investment

Bishkek Water Supply

Loan to Bishkek Water Company to upgrade the Municipal and


city's existing infrastructure.
environmental
infrastructure

State

2009

11,800

5,500

5,500

Kyrgyz
Republic

Regional
investment

Aureos Central Asia Fund

Equity investment to support medium-sized


enterprises in Azerbaijan, Central Asia and
Georgia.

Equity funds

Private

2008

567

567

567

Kyrgyz
Republic

Direct
investment

Direct Lending Facility

Elmira

Financing for the construction of a hotel in Issyk- Property and


Kul.
tourism

Private

2009

832

832

832

All investments 1991- 2009

Property and
tourism

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Kyrgyz
Republic

Direct
investment

Unicredit Group

ATF Bank

Credit line to Unicredit subsidiaries for on-lending Small business Private


to micro, small and medium-sized businesses.
finance

2009

13,871

6,935

6,935

Kyrgyz
Republic

Direct
investment

Kyrgyz Financial Sector


Framework

Kyrgyz Investment and


Credit Bank

Credit line to finance micro, small and mediumsized enterprises operating in the Kyrgyz
Republic.

Small business Private


finance

2009

3,468

2,081

2,081

Kyrgyz
Republic

Direct
investment

Kyrgyz Financial Sector


Framework

Demir Kyrgyz International Credit line to finance micro, small and mediumBank
sized enterprises operating in the Kyrgyz
Republic.

Small business Private


finance

2009

2,774

2,774

2,774

Kyrgyz
Republic

Direct
investment

ETC Non-bank Microfinance


Institution Framework III

Frontiers II

Credit line for on-lending to micro and small


enterprises.

Small business Private


finance

2009

1,387

694

694

Kyrgyz
Republic

Direct
investment

ETC Non-bank Microfinance


Institution Framework III

FINCA MCC

Loan to FINCA International for on-lending to


micro and small businesses.

Small business Private


finance

2009

2,044

1,022

1,022

Kyrgyz
Republic

Direct
investment

Direct Lending Facility

Interglass II

Support for the modernisation of Interglass, the Manufacturing


largest industrial glass manufacturer in Central
and services
Asia, with a loan to upgrade the plants facilities.

Private

2009

10,000

10,000

10,000

Kyrgyz
Republic

Direct
investment

Medium-sized Loan Cofinancing Facility

Demir Kyrgyz International Finance for the construction of a shopping centre. Agribusiness
Bank

Private

2009

173

173

173

Kyrgyz
Republic

Direct
investment

ETC Non-bank Microfinance


Institution Framework III

Mol Bulak Finance

Local currency loan for on-lending to small


businesses.

Small business Private


finance

2009

690

344

344

Kyrgyz
Republic

Direct
investment

Direct Lending Facility

Sary Tash

Financing the purchase of stone processing


equipment.

Manufacturing
and services

Private

2009

694

694

694

Latvia

Regional
investment

First NIS Regional Fund

Equity fund investing in companies in the New


Independent States (NIS).

Equity funds

Private

1994

518

310

310

All investments 1991- 2009

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Latvia

Direct
investment

Emergency energy sector


reconstruction

Repair of energy supply infrastructure to reduce


oil and gas demands and emissions.

Power and
energy

State

1992

31,104

24,230

24,230

Latvia

Direct
investment

Investment Bank of Latvia

Equity investment.

Bank equity

Private

1994

7,916

1,402

1,402

Latvia

Regional
investment

Baltic Investment Fund

Private equity fund investing in medium-sized


companies.

Equity funds

Private

1995

5,378

1,627

1,627

Latvia

Direct
investment

Daugava Riga Radisson Hotel -

Refurbishment and upgrade of hotel to


international four-star standard.

Property and
tourism

Private

1994

29,683

8,322

8,322

Latvia

Direct
investment

Riga International Airport

Upgrade of existing runway, taxiways and lighting Transport


system.

State

1993

8,007

7,245

7,245

Latvia

Direct
investment

Daugava hydro power plant


upgrade

Refurbishment of power plant, including upgrade Power and


and replacement of equipment and modification energy
of operations.

State

1996

51,269

16,271

16,271

Latvia

Direct
investment

Riga environment project

Upgrade and expansion of water treatment


plants.

Municipal and
environmental
infrastructure

State

1996

67,108

11,501

11,501

Latvia

Direct
investment

Road rehabilitation

Upgrade of Latvias main road network.

Transport

State

1994

22,446

6,911

6,911

Latvia

Direct
investment

Hansabanka

Financing for small and medium-sized


enterprises.

Bank lending

Private

1995

6,644

3,887

3,887

Latvia

Direct
investment

Eurovision

Design, supply and installation of earth station


linked to the Eurovision Network via satellite.

Telecoms,
State
informatics and
media

1996

618

618

618

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Latvia

Direct
investment

Ventspils port

Construction and operation of terminal servicing Transport


general cargo traffic from the Baltic Sea.

State

1998

99,826

24,226

24,226

Latvia

Regional
investment

MBA loan project

Financial support for students undertaking MBA


degrees at top-tier business schools.

Bank lending

Private

1995

170

54

41

95

Latvia

Direct
investment

Latvijas Unibanka

Extension of private sector lending activities.

Bank lending

Private

1995

7,320

6,588

6,588

Latvia

Direct
investment

Hansabanka (formerly Latvijas Zemes Banka)

Equity investment strengthening capital and


expanding corporate lending.

Bank equity

Private

1996

1,802

1,802

1,802

Latvia

Direct
investment

Latvijas Unibanka

Privatisation of Latvia's largest commercial bank. Bank equity

Private

1996

7,736

7,736

7,736

Latvia

Direct
investment

Pirma Banka (formerly Rigas


Komercbanka)

Restructuring of banking operations.

Bank equity

Private

1996

4,422

4,422

4,422

Latvia

Direct
investment

Latvia GSM mobile


telecommunications

Construction and operation of national digital


mobile telecommunications network.

Telecoms,
Private
informatics and
media

1997

68,374

7,543

7,543

15,087

Latvia

Regional
investment

Baltic Small Equity Fund

Investment in small companies which are unable Equity funds


to access early-stage equity capital.

Private

1997

3,004

1,439

1,439

Latvia

Direct
investment

Hansabanka

Financing for small and medium-sized


enterprises.

Bank lending

Private

1997

2,774

2,774

2,774

Latvia

Direct
investment

Valdemara Centre

Development of office building.

Property and
tourism

Private

1996

13,589

4,626

4,626

All investments 1991- 2009

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Latvia

Regional
investment

Baring Communications

Private equity fund targeting the media and


communications sector.

Telecoms,
Private
informatics and
media

1997

1,656

372

372

Latvia

Direct
investment

Saules Banka

Financing for small and medium-sized


enterprises.

Bank lending

Private

1997

3,221

3,221

3,221

Latvia

Direct
investment

Pirma Banka

Financing for small and medium-sized


enterprises.

Bank lending

Private

1998

6,242

6,242

6,242

Latvia

Regional
investment

Innova/98

Private equity fund supporting small and medium- Equity funds


sized enterprises.

Private

1998

1,714

398

398

Latvia

Regional
investment

Energy Efficiency and


Emissions Reduction Fund

Equity financing for energy efficiency and


emission-reducing projects.

Private

1999

10,650

3,000

3,000

Latvia

Direct
investment

Ventspils port

Construction and operation of terminal servicing Transport


general cargo traffic from the Baltic Sea.

Private

1999

13,517

3,600

3,600

Latvia

Regional
investment

MBA loan project

Financial support for students undertaking MBA


degrees at top-tier business schools.

Bank lending

Private

1998

37

15

Latvia

Direct
investment

Latvijas Unibanka

Extension of private sector lending activities.

Bank lending

Private

1999

30,000

10,000

10,000

Latvia

Direct
investment

Pirma Banka (formerly Rigas


Komercbanka)

Restructuring of banking operations.

Bank equity

Private

1999

74,557

4,479

4,479

Latvia

Regional
investment

Baltic Investment Fund

Private equity fund investing in medium-sized


companies.

Equity funds

Private

2000

18,530

3,400

3,400

All investments 1991- 2009

Power and
energy

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Latvia

Direct
investment

EU/EBRD SME Finance


Facility

Latvijas Unibanka

Financing for small and medium-sized


enterprises.

Bank lending

Private

2000

10,000

10,000

10,000

Latvia

Regional
investment

DVI Inc

Provision of medical equipment for hospitals and Insurance and


diagnostic centres.
financial
services

Private

2001

1,065

282

282

Latvia

Regional
investment

EU/EBRD SME Finance


Facility

Baltic SME Fund

Private equity fund supporting small and medium- Equity funds


sized enterprises.

Private

2001

5,528

990

990

Latvia

Direct
investment

Riga Water Company

Improvement of water supply, installation of water Municipal and


meters and upgrade of treatment plants.
environmental
infrastructure

State

2000

137,871

18,093

18,093

Latvia

Direct
investment

Direct Investment Facility

RAF Avia

Construction of new aeroplane maintenance


facility, located in Riga International Airport.

Transport

Private

2001

2,385

713

713

Latvia

Regional
investment

Kesko Baltics

Expansion of food retailers businesses through


the acquisition and development of retail
properties.

Agribusiness

Private

2001

47,000

5,450

5,450

Latvia

Direct
investment

BALTA Insurance Group

Equity investment in Latvias leading insurance


group.

Insurance and
financial
services

Private

2001

32,381

9,210

9,210

Latvia

Direct
investment

EU/EBRD SME Finance


Facility

Latvijas Unibanka

Financing for small and medium-sized


enterprises.

Bank lending

Private

2001

10,000

10,000

10,000

Latvia

Regional
investment

Fiesta

Expansion of food retailers businesses through


the acquisition and development of retail
properties.

Agribusiness

Private

2001

12,158

6,890

6,890

Latvia

Regional
investment

Pleskodale

Expansion of food retailers operations.

Agribusiness

Private

2001

5,781

3,751

3,751

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Latvia

Regional
investment

Danfoss debt facility for


industrial energy projects

Financing for energy efficiency projects in


selected east European breweries.

Manufacturing
and services

Private

2002

327

77

77

Latvia

Regional
investment

Askembla Growth Fund

Private equity fund supporting medium-sized


enterprises.

Equity funds

Private

2002

18,180

5,000

5,000

Latvia

Direct
investment

EU/EBRD SME Finance


Facility

Unilizings

Financing for small and medium-sized


enterprises.

Insurance and
financial
services

Private

2003

15,000

15,000

15,000

Latvia

Regional
investment

EU/EBRD SME Finance


Facility

Hansa Capital

Financing for small and medium-sized


enterprises.

Insurance and
financial
services

Private

2003

9,900

4,950

4,950

Latvia

Direct
investment

EU/EBRD SME Finance


Facility

Rietumu Banka

Financing for small and medium-sized


enterprises.

Bank lending

Private

2002

2,300

2,300

2,300

Latvia

Regional
investment

Heitman Central Europe


Property Partners Fund

Investment in property projects, primarily office


buildings, warehousing/distribution and retail
shopping centres.

Property and
tourism

Private

2002

3,235

1,050

1,050

Latvia

Regional
investment

Polish Enterprise Fund V

Private equity fund investing in enterprises in


Latvia.

Equity funds

Private

2004

930

930

930

Latvia

Regional
investment

Europolis II

Development of commercial property projects.

Property and
tourism

Private

2004

10,297

974

1,299

2,273

Latvia

Regional
investment

Argus Capital Partners II

Private equity fund supporting medium-sized


enterprises. Successor to the Argus Capital
Partners fund.

Equity funds

Private

2005

200

200

200

Latvia

Regional
investment

Emerging Europe
Convergence Fund II

Direct equity fund investing in central and eastern Equity funds


Europe.

Private

2005

3,600

3,600

3,600

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Latvia

Direct
investment

Rietumu Banka

Syndicated credit line for on-lending to small and Bank lending


medium-sized businesses.

Private

2005

60,000

20,000

20,000

Latvia

Regional
investment

SG AM Eastern Europe

Investment in consumer services and


manufacturing companies.

Equity funds

Private

2005

5,940

3,300

3,300

Latvia

Regional
investment

Royalton Partners II

Equity financing for local service providers.

Equity funds

Private

2007

2,500

2,500

2,500

Latvia

Regional
investment

Baltcap Private Equity Fund

Private equity fund investing primarily in Estonia, Equity funds


Latvia, and Lithuania.

Private

2007

6,000

6,000

6,000

Latvia

Regional
investment

E-Energia

Municipal and
environmental
infrastructure

Private

2007

1,650

1,650

1,650

Latvia

Regional
investment

Project Bella

Equity investment in E-energija, which provides


heat and hot water services to both residential
and industrial customers in Lithuania and Latvia
and is considering expanding its operations into
Ukraine.
Sub-project under the private equity coinvestment facility.

Telecoms,
Private
informatics and
media

2007

243,500

5,000

5,000

Latvia

Regional
investment

Post Privatisation Fund

Equity fund supporting financial and operational


restructuring of medium-sized enterprises.

Equity funds

Private

1996

9,071

9,071

9,071

Latvia

Regional
investment

I Fund

Co-financing for small and medium-sized


enterprises.

Equity funds

Private

1995

746

746

746

Latvia

Direct
investment

E-Energia

Municipal and
environmental
infrastructure

Private

2007

6,000

6,000

6,000

Latvia

Regional
investment

EnerCap

Equity investment in E-energija, which provides


heat and hot water services to both residential
and industrial customers in Lithuania and Latvia
and is considering expanding its operations into
Ukraine.
Private equity fund dedicated to investing in
renewable energy and energy efficiency projects
in central and south-eastern Europe.

Power and
energy

Private

2007

10,000

2,500

2,500

All investments 1991- 2009

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Latvia

Regional
investment

Syntaxis Mezzanine Fund II

Equity in a regional fund which aims to strengthen Equity funds


corporate governance and build institutions.

Private

2009

12,500

2,500

2,500

Latvia

Direct
investment

Parex Bank

Equity investment to support restructuring of


Parex Bank following nationalisation.

Bank equity

Private

2009

81,755

81,755

81,755

Latvia

Regional
investment

Resource Eastern European


Equity Partners I

Support for institution building and expansion of


private equity, business improvement and best
ethics and governance.

Equity funds

Private

2009

4,200

1,250

1,250

Latvia

Direct
investment

Parex Bank

The investment is seen to be crucial to increasing Bank equity


confidence in the bank and thereby in the Latvian
financial sector overall.

Private

2009

22,000

22,000

22,000

Latvia

Regional
investment

Heitman Eastern European


Property Fund

An equity investment into Heitman European


Property Partners IV, an investment vehicle
pursuing long-term capital appreciation through
real estate investments.

Property and
tourism

Private

2009

18,220

3,000

3,000

Latvia

Regional
investment

Almaz Capital Russia Fund I

The Fund will make equity and equity-related


Equity funds
venture capital investments in companies based
in Russia and the CIS.

Private

2009

1,345

416

416

Latvia

Regional
investment

Bite Group

Bella

Sub-project under the private equity coinvestment facility.

Telecoms,
Private
informatics and
media

2009

4,020

1,020

1,020

Lithuania

Direct
investment

Telecom Development
International

Expansion of international gateway, basic trunk


network and transit switching facilities.

Telecoms,
Private
informatics and
media

1994

42,872

17,338

17,338

Lithuania

Regional
investment

First NIS Regional Fund

Equity fund investing in companies in the New


Independent States (NIS).

Equity funds

Private

1994

518

310

310

Lithuania

Regional
investment

Baltic Investment Fund

Private equity fund investing in medium-sized


companies.

Equity funds

Private

1995

5,378

1,627

1,627

All investments 1991- 2009

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Lithuania

Direct
investment

Lithuania

Description

Sector

Portfolio
Class

Lithuanian Development Bank -

Equity investment in bank supporting small and


medium-sized enterprises.

Bank equity

Private

1994

5,000

900

900

Direct
investment

Paroc Silikatas

Purchase and installation of rockwool insulation


production line.

Manufacturing
and services

Private

1995

19,516

5,381

5,381

Lithuania

Direct
investment

Emergency energy sector


reconstruction

Repair of energy supply infrastructure, reduction Power and


energy
of emissions from power stations and district
heating stations and financing for heavy fuel
storage tanks.

State

1992

30,946

30,946

30,946

Lithuania

Direct
investment

Transport project

Improvements to rail, road and ports across


Lithuania.

State

1994

32,249

13,108

13,108

Lithuania

Direct
investment

Kaunas Water and


environment

Improvement of water and waste-water services Municipal and


and enhancement of operational and financial
environmental
performance.
infrastructure

State

1995

65,798

10,367

10,367

Lithuania

Regional
investment

East European Food Fund

Investment fund focusing on food and beverage


sector.

Private

1995

4,067

960

960

Lithuania

Direct
investment

Vilniaus Bankas

Equity investment in largest private sector bank in Bank equity


Lithuania.

Private

1995

2,482

2,482

2,482

Lithuania

Direct
investment

Vilniaus Bankas

Financing for small and medium-sized


enterprises.

Bank lending

Private

1995

7,488

6,657

6,657

Lithuania

Direct
investment

Lithuanian Development Bank -

Equity investment in bank supporting small and


medium-sized enterprises.

Bank equity

Private

1996

5,800

700

700

Lithuania

Direct
investment

Sampo Bankas

Financing for small and medium-sized


enterprises.

Bank lending

Private

1996

7,028

2,264

2,264

All investments 1991- 2009

Sub project

Transport

Agribusiness

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Lithuania

Direct
investment

Vilniaus Bankas

Financing for small and medium-sized


enterprises.

Bank lending

Private

1995

5,271

5,271

5,271

Lithuania

Direct
investment

Via Baltica and Lithuania road project

Investment in various road projects,


strengthening international road links and
reducing delays.

Transport

State

1996

90,889

16,090

16,090

Lithuania

Direct
investment

Regional Trade Facilitation


Programme

Vilniaus Bankas

Support for foreign trade.

Bank lending

Private

1996

5,494

5,494

5,494

Lithuania

Regional
investment

Baltic Small Equity Fund

Investment in small companies which are unable Equity funds


to access early-stage equity capital.

Private

1997

4,006

1,919

1,919

Lithuania

Direct
investment

Regional Trade Facilitation


Programme

Bankas Hermis

Support for foreign trade.

Bank lending

Private

1996

2,289

2,289

2,289

Lithuania

Regional
investment

Baring Communications

Private equity fund targeting the media and


communications sector.

Telecoms,
Private
informatics and
media

1997

1,656

372

372

Lithuania

Direct
investment

Lietuvos Zemes Ukio Bankas

Financing for enterprises in the agricultural


sector.

Bank lending

Private

1998

13,556

11,000

11,000

Lithuania

Direct
investment

Vilniaus Bankas

Financing for small and medium-sized


enterprises.

Bank lending

Private

1998

9,203

9,203

9,203

Lithuania

Regional
investment

Innova/98

Private equity fund supporting small and medium- Equity funds


sized enterprises.

Private

1998

1,714

398

398

Lithuania

Regional
investment

Emerging Europe Capital


Investors LDC

Direct equity fund investing in central and eastern Equity funds


Europe.

Private

1999

7,343

2,335

2,335

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Lithuania

Direct
investment

Vilniaus Bankas

Financing for small and medium-sized


enterprises.

Bank lending

Private

1998

10,226

10,226

10,226

Lithuania

Direct
investment

Drobe Wool

Privatisation, restructuring and modernisation of Manufacturing


textile manufacturing facilities.
and services

Private

1999

13,902

3,591

1,539

5,129

Lithuania

Direct
investment

Rokiskio Suris

Expansion of cheese production facilities.

Agribusiness

Private

1999

9,736

8,661

8,661

Lithuania

Direct
investment

Dalkia Litesko

Equity investment in energy service company.

Municipal and
environmental
infrastructure

Private

1998

12,750

2,896

1,448

4,344

Lithuania

Direct
investment

Vilniaus Bankas

Financing for small and medium-sized


enterprises.

Bank lending

Private

1999

75,000

25,000

25,000

Lithuania

Direct
investment

Carlsberg multi-project facility Svyturys

Equity investment in second-largest Lithuanian


brewery.

Agribusiness

Private

1999

35,646

9,499

9,499

Lithuania

Direct
investment

Lithuania Railways Corridor IX -

Investment in railway infrastructure.

Transport

State

2001

113,947

43,748

43,748

Lithuania

Direct
investment

Lietuvos Zemes Ukio Bankas

Financing for enterprises in the agricultural


sector.

Bank lending

Private

1999

10,403

3,468

3,468

Lithuania

Regional
investment

Baltic Investment Fund

Private equity fund investing in medium-sized


companies.

Equity funds

Private

2000

17,985

3,300

3,300

Lithuania

Direct
investment

LDB / LZUB share swap

Exit from Lithuanian Development Bank and


Bank equity
facilitation of privatisation of Lietuvos Zemes Ukio
Bankas.

Private

2000

4,800

1,600

1,600

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Lithuania

Direct
investment

Lietuvos Telekomas

Privatisation of fixed line telecommunications


Telecoms,
Private
company and improved access to both local and informatics and
international markets.
media

2000

129,120

51,815

51,815

Lithuania

Regional
investment

DVI Inc

Provision of medical equipment for hospitals and Insurance and


diagnostic centres.
financial
services

Private

2001

1,065

282

282

Lithuania

Regional
investment

EU/EBRD SME Finance


Facility

Baltic SME Fund

Private equity fund supporting small and medium- Equity funds


sized enterprises.

Private

2001

5,695

1,020

1,020

Lithuania

Regional
investment

TBIH Financial Services

Expansion of insurance and pension operations inInsurance and


central and eastern Europe.
financial
services

Private

2000

1,220

245

490

734

Lithuania

Direct
investment

Kaunas Water and


environment

Improvement of water and waste-water services Municipal and


and enhancement of operational and financial
environmental
performance.
infrastructure

State

2001

94,800

19,700

19,700

Lithuania

Direct
investment

VP market

Expansion of logistics and food retail network.

Agribusiness

Private

2004

13,684

13,684

13,684

Lithuania

Direct
investment

EU/EBRD SME Finance


Facility

Siauliu Bankas

Financing for small and medium-sized


enterprises.

Bank lending

Private

2000

5,000

5,000

5,000

Lithuania

Direct
investment

Warehouse Receipts
Programme

Siauliu Bankas

Short-term lending against warehouse receipts Bank lending


for agribusiness companies, farmers and traders.

Private

2001

1,614

1,614

1,614

Lithuania

Direct
investment

Lietuvos Draudimas

Equity investment in leading insurance company. Insurance and


financial
services

Private

2001

15,951

5,348

5,348

Lithuania

Direct
investment

City of Vilnius municipal


infrastructure project

Upgrade of existing roads and improvements to


pedestrian access.

State

2003

8,540

7,000

7,000

All investments 1991- 2009

Sector

Municipal and
environmental
infrastructure

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Lithuania

Regional
investment

Danfoss debt facility for


industrial energy projects

Financing for energy efficiency projects in


selected east European breweries.

Manufacturing
and services

Private

2002

327

77

77

Lithuania

Regional
investment

Askembla Growth Fund

Private equity fund supporting medium-sized


enterprises.

Equity funds

Private

2002

21,815

6,000

6,000

Lithuania

Regional
investment

EU/EBRD SME Finance


Facility

Hansa Capital

Financing for small and medium-sized


enterprises.

Insurance and
financial
services

Private

2003

9,900

4,950

4,950

Lithuania

Regional
investment

Heitman Central Europe


Property Partners Fund

Investment in property projects, primarily office


buildings, warehousing/distribution and retail
shopping centres.

Property and
tourism

Private

2002

3,235

1,050

1,050

Lithuania

Direct
investment

Kaunas public transport project -

Purchase of 50 new buses and advice on


restructuring the sector.

Municipal and
environmental
infrastructure

State

2004

10,000

10,000

10,000

Lithuania

Regional
investment

Polish Enterprise Fund V

Private equity fund investing in enterprises in


Lithuania.

Equity funds

Private

2004

930

930

930

Lithuania

Direct
investment

Dalkia Litesko

Equity investment in energy service company.

Municipal and
environmental
infrastructure

Private

2003

3,674

3,674

3,674

Lithuania

Direct
investment

Siauliu Bankas

Equity investment in bank providing important


Bank equity
services to small and medium-sized businesses.

Private

2005

10,980

10,980

10,980

Lithuania

Regional
investment

Europolis II

Development of commercial property projects.

Private

2004

10,297

974

1,299

2,273

Lithuania

Direct
investment

Kaunas Trolleybus
Modernisation

Upgrade of trolleybus infrastructure and provision Municipal and


of new equipment.
environmental
infrastructure

State

2006

17,180

10,000

10,000

All investments 1991- 2009

Property and
tourism

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Lithuania

Direct
investment

Siauliu Bankas

Loan enabling Siauliu Bankas to expand its


Bank lending
lending activity and implement its business plan.

Private

2005

12,000

5,000

5,000

Lithuania

Regional
investment

Argus Capital Partners II

Private equity fund supporting medium-sized


enterprises. Successor to the Argus Capital
Partners fund.

Equity funds

Private

2005

200

200

200

Lithuania

Regional
investment

Emerging Europe
Convergence Fund II

Direct equity fund investing in central and eastern Equity funds


Europe.

Private

2005

3,600

3,600

3,600

Lithuania

Regional
investment

SG AM Eastern Europe

Investment in consumer services and


manufacturing companies.

Equity funds

Private

2005

5,400

3,000

3,000

Lithuania

Regional
investment

Royalton Partners II

Equity financing for local service providers.

Equity funds

Private

2007

2,500

2,500

2,500

Lithuania

Regional
investment

Baltcap Private Equity Fund

Private equity fund investing primarily in Estonia, Equity funds


Latvia, and Lithuania.

Private

2007

6,000

6,000

6,000

Lithuania

Regional
investment

Clean Globe International Oil


Spill Protection

Establishment of crude oil spill response centres Natural


Resources
in key locations in the Banks countries of
operations and provision of regional training,
prevention and remedial services

Private

2007

15,009

849

849

Lithuania

Direct
investment

Siauliu Bankas

Capital increase to promote continued expansion Bank equity


of Siauliu Bankas.

Private

2006

11,533

1,535

1,535

Lithuania

Direct
investment

Siauliu Bankas

Loan to finance on-lending to small and medium- Bank lending


sized businesses.

Private

2006

12,000

4,000

4,000

Lithuania

Regional
investment

E-Energia

Equity investment in E-energija, which provides


heat and hot water services to both residential
and industrial customers in Lithuania and Latvia
and is considering expanding its operations into
Ukraine.

Private

2007

1,650

1,650

1,650

All investments 1991- 2009

Sector

Municipal and
environmental
infrastructure

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Lithuania

Regional
investment

Project Bella

Sub-project under the private equity coinvestment facility.

Telecoms,
Private
informatics and
media

2007

243,500

5,000

5,000

Lithuania

Regional
investment

Clean Globe Oil Spill


Investment

Equity investment in oil spill response centres.

Natural
Resources

Private

2007

4,080

480

480

Lithuania

Regional
investment

Post Privatisation Fund

Equity fund supporting financial and operational


restructuring of medium-sized enterprises.

Equity funds

Private

1996

6,803

6,803

6,803

Lithuania

Regional
investment

I Fund

Co-financing for small and medium-sized


enterprises.

Equity funds

Private

1995

746

746

746

Lithuania

Direct
investment

E-Energia

Municipal and
environmental
infrastructure

Private

2007

1,500

1,500

1,500

Lithuania

Regional
investment

EnerCap

Equity investment in E-energija, which provides


heat and hot water services to both residential
and industrial customers in Lithuania and Latvia
and is considering expanding its operations into
Ukraine.
Private equity fund dedicated to investing in
renewable energy and energy efficiency projects
in central and south-eastern Europe.

Power and
energy

Private

2007

10,000

2,500

2,500

Lithuania

Regional
investment

Syntaxis Mezzanine Fund II

Equity in a regional fund which aims to strengthen Equity funds


corporate governance and build institutions.

Private

2009

12,500

2,500

2,500

Lithuania

Regional
investment

Resource Eastern European


Equity Partners I

Support for institution building and expansion of


private equity, business improvement and best
ethics and governance.

Equity funds

Private

2009

4,200

1,250

1,250

Lithuania

Direct
investment

Siauliu Bank

Convertible senior loan

The loan will encourage SME and municipal


lending while the convertible element
incorporated will allow the EBRD to promptly
address the recapitalisation needs if required.

Bank equity

Private

2009

30,000

20,000

20,000

Lithuania

Regional
investment

Heitman Eastern European


Property Fund

An equity investment into Heitman European


Property Partners IV, an investment vehicle
pursuing long-term capital appreciation through
real estate investments.

Property and
tourism

Private

2009

18,220

3,000

3,000

All investments 1991- 2009

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Lithuania

Regional
investment

Almaz Capital Russia Fund I

The Fund will make equity and equity-related


Equity funds
venture capital investments in companies based
in Russia and the CIS.

Lithuania

Regional
investment

Bite Group

Bella

Moldova

Regional
investment

First NIS Regional Fund

Moldova

Direct
investment

Moldova

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

Private

2009

1,345

416

416

Sub-project under the private equity coinvestment facility.

Telecoms,
Private
informatics and
media

2009

6,030

1,530

1,530

Equity fund investing in companies in the New


Independent States (NIS).

Equity funds

Private

1994

518

310

310

Wine export promotion

Construction and operation of wine and


Agribusiness
champagne bottle production facility and upgrade
of bottling equipment.

State

1994

44,502

21,933

21,933

Direct
investment

Eurovision

Design, supply and installation of earth station


linked to the Eurovision Network via satellite.

Telecoms,
State
informatics and
media

1992

694

694

694

Moldova

Direct
investment

Energy efficiency project

Upgrade of district heating system in Chisinau.

Municipal and
environmental
infrastructure

State

1995

17,747

7,089

7,089

Moldova

Direct
investment

Victoria Bank

Credit line to assist small and medium-sized


enterprises.

Bank equity

Private

1995

2,980

1,987

993

2,980

Moldova

Direct
investment

Port of Giurgiulesti oil terminal -

Construction of port facilities for oil imports.

Transport

Private

1996

18,832

5,435

2,717

8,152

Moldova

Direct
investment

Road rehabilitation project

Upgrade of priority sections of the main road


network in Moldova.

Transport

State

1995

11,084

7,975

7,975

Moldova

Direct
investment

Moldova-Agroindbank

Financing for small and medium-sized


enterprises.

Bank lending

Private

1995

14,049

14,049

14,049

All investments 1991- 2009

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Moldova

Direct
investment

Chisinau water services

Improvement of water supply and reduction of


pollution to the Byk and Dniester rivers.

Municipal and
environmental
infrastructure

State

1997

27,157

14,579

14,579

Moldova

Direct
investment

Chisinau Airport

Refurbishment of passenger terminal.

Transport

State

1998

8,214

6,133

6,133

Moldova

Direct
investment

Micro lending project

Mobias Bank

Financing for micro and small enterprises.

Small business Private


finance

1996

902

472

472

Moldova

Direct
investment

Micro lending project

Victoria Bank

Financing for micro and small enterprises.

Small business Private


finance

1996

1,248

472

472

Moldova

Direct
investment

Micro lending project

Moldova-Agroindbank

Financing for micro and small enterprises.

Small business Private


finance

1996

1,699

872

872

Moldova

Direct
investment

Micro lending project

Universal Bank

Financing for micro and small enterprises.

Small business Private


finance

1997

1,404

472

472

Moldova

Direct
investment

Moldova-Agroindbank

Financing for small and medium-sized


enterprises.

Bank equity

Private

1998

7,323

4,882

2,441

7,323

Moldova

Direct
investment

Victoria Bank

Equity investment in one of Moldovas largest


private commercial banks.

Bank equity

Private

1997

1,468

220

220

Moldova

Direct
investment

Moldova power distribution

Privatisation of three power distribution


companies.

Power and
energy

Private

2000

5,872

5,872

5,872

Moldova

Direct
investment

Victoria Bank

Equity investment in one of Moldovas largest


private commercial banks.

Bank equity

Private

1999

1,155

185

185

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Moldova

Direct
investment

Regional Trade Facilitation


Programme

Agroindbank

Support for foreign trade.

Bank lending

Private

1999

107

107

107

Moldova

Direct
investment

ProCredit Bank Moldova

Financing for micro and small enterprises.

Small business Private


finance

2000

6,643

366

366

733

Moldova

Direct
investment

Post-privatisation power
distribution loan

Financing for three power distribution companies Power and


located in Chisinau and the central and southern energy
regions of Moldova.

Private

2000

27,741

13,871

13,871

Moldova

Direct
investment

Glass Container Company

Improvement of wine production, quality and


packaging.

Agribusiness

Private

2000

12,094

3,453

2,302

5,755

Moldova

Direct
investment

Victoria Bank

Credit line to assist small and medium-sized


enterprises.

Bank lending

Private

2001

5,548

1,387

1,387

2,774

Moldova

Direct
investment

Moldova-Agroindbank

Financing for small and medium-sized


enterprises.

Bank lending

Private

2002

4,161

4,161

4,161

Moldova

Direct
investment

Regional Trade Facilitation


Programme

Mobias Banca

Support for foreign trade.

Bank lending

Private

2002

446

223

223

446

Moldova

Direct
investment

Moldindconbank credit line

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

Bank lending

Private

2004

1,006

1,006

1,006

Moldova

Direct
investment

Victoria Bank

Credit line to assist small and medium-sized


enterprises.

Bank lending

Private

2003

2,774

2,774

2,774

Moldova

Direct
investment

Warehouse Receipts
Programme

WJ Group

Short-term lending against warehouse receipts Agribusiness


for agribusiness companies, farmers and traders.

Private

2003

8,461

4,231

4,231

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Moldova

Regional
investment

Furshet

Loan to help Furshet Group open new stores


across Ukraine and expand its operations in
Moldova.

Agribusiness

Private

2007

2,135

1,423

1,423

Moldova

Direct
investment

SME Credit Line

Mobias Banca

Credit line to Mobias Bank for on-lending to small Bank lending


and medium-sized businesses.

Private

2004

1,387

1,387

1,387

Moldova

Direct
investment

ProCredit Moldova

Financing for micro and small enterprises.

Small business Private


finance

2005

1,387

1,387

1,387

Moldova

Direct
investment

Medium-sized Loan Cofinancing Facility

Trans Oil Moldova

Credit line for on-lending to medium-sized


enterprises, including Trans Oil Moldova.

Agribusiness

Private

2004

1,387

694

694

Moldova

Direct
investment

Medium-sized Loan Cofinancing Facility

Credit line for on-lending to medium-sized


enterprises, through Victoria Bank.

Bank lending

Private

2004

1,200

1,200

1,200

Moldova

Direct
investment

Regional Trade Facilitation


Programme

Banca Sociala

Support for foreign trade.

Bank lending

Private

2005

347

347

347

Moldova

Direct
investment

Banca Sociala

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

Bank lending

Private

2005

5,000

5,000

5,000

Moldova

Direct
investment

Medium-sized Loan Cofinancing Facility

Mobiasbanca

Credit line

Bank lending

Private

2005

2,065

2,065

2,065

Moldova

Direct
investment

Medium-sized Loan Cofinancing Facility

Orhei Vit

Sub-loan to frozen fruit and vegetable producer, Agribusiness


through Victoria Bank.

Private

2004

1,694

1,000

1,000

Moldova

Direct
investment

Medium-sized Loan Cofinancing Facility

Victoria Bank Protos

Loan for manufacturer of steel pipes co-financed Manufacturing


with Victoria Bank.
and services

Private

2005

694

347

347

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Moldova

Direct
investment

Glass Container Company

Medium-term loan to facilitate balance sheet


restructuring.

Agribusiness

Private

2005

5,712

2,092

2,092

Moldova

Direct
investment

Port of Giurgiulesti oil terminal -

Recovery of debt

Transport

Private

2005

5,223

2,611

2,611

5,223

Moldova

Direct
investment

Medium-sized Loan Cofinancing Facility

Bucuria

Sub-loan to a local confectionery producer,


through Victoria Bank.

Agribusiness

Private

2005

2,200

700

700

Moldova

Direct
investment

ETC Non-Bank MFI


Framework

Rural Finance Corporation Financing for micro and small enterprises.

Small business Private


finance

2005

694

520

520

Moldova

Direct
investment

ETC Non-bank MFI


Framework II

Microinvest

Credit line for on-lending to micro and small


businesses.

Small business Private


finance

2007

694

694

694

Moldova

Direct
investment

Moldova Microlending
Framework

Mobiasbanca

Credit lines for on-lending to micro and small


businesses.

Small business Private


finance

2006

2,100

2,100

2,100

Moldova

Direct
investment

Moldova Microlending
Framework

Banca Sociala

Credit lines for on-lending to micro and small


businesses.

Small business Private


finance

2006

3,000

3,000

3,000

Moldova

Regional
investment

European Fund for Southeast Europe

Privately managed public/private investment fund Small business Private


which will provide financing for micro, small and finance
medium-sized businesses as well as housing and
rural finance in south-eastern Europe.

2006

2,000

2,000

2,000

Moldova

Direct
investment

Medium-sized Loan CoFinancing Facility

Mobiasbanca Basarabia
Sub-Loan

Sub-loan to a local wine producer through


Mobiasbanca.

Agribusiness

Private

2006

485

485

485

Moldova

Regional
investment

Bluehouse equity fund

Property and
Equity investment in Bluehouse Accession
tourism
Property, a fund acquiring, developing,
renovating, owning and managing property in
Bulgaria, Croatia, Moldova, Romania, Serbia and
Ukraine.

Private

2006

7,627

1,250

1,250

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Moldova

Regional
investment

BSR Europe Co-Investment


Facility

Equity investment in a company developing


Property and
office, retail, residential and industrial real estate tourism
in Moldova.

Moldova

Direct
investment

Medium-sized Loan CoFinancing Facility

Moldova

Regional
investment

Moldova

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

Private

2006

5,000

1,750

1,750

Mobiasbanca Sun
Sub-loan to an internet provider through
Communications Sub-Loan Mobiasbanca.

Telecoms,
Private
informatics and
media

2006

173

173

173

Balkan Accession Fund

Finance provided to a private equity fund


investing in medium-sized businesses.

Equity funds

Private

2006

5,245

1,120

1,120

Direct
investment

Mobiasbanca Credit Line II

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

Bank lending

Private

2006

4,210

2,105

2,105

Moldova

Direct
investment

Direct Lending Facility

Orhei Vit Cannery

Finance provided for fruit and vegetable


production at Orhei Vit cannery.

Agribusiness

Private

2006

4,000

4,000

4,000

Moldova

Direct
investment

SUN Communications-Debt

Loan for expansion and modernisation of


telecommunications company.

Telecoms,
Private
informatics and
media

2007

3,857

4,134

4,134

Moldova

Direct
investment

Mobiasbanca

Investment to facilitate development of banking


operations.

Bank equity

Private

2008

10,506

3,433

3,433

Moldova

Direct
investment

Moldova road upgrading

Loan to finance improvements to the road


network and institutional strengthening.

Transport

State

2008

65,000

17,500

17,500

Moldova

Direct
investment

Medium-sized Loan Cofinancing Facility

Mobiasbanca

Extension on previous investment to improve


access to finance local private enterprises.

Insurance and
financial
services

Private

2008

1,372

1,372

1,372

Moldova

Direct
investment

SUN Communications-Equity

Equity investment in Sun Communications to


support expansion.

Telecoms,
Private
informatics and
media

2007

1,945

1,945

1,945

All investments 1991- 2009

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Moldova

Direct
investment

Moldova

Description

Sector

Portfolio
Class

Chisinau Airport Modernisation II

Loan for airport modernisation.

Transport

Private

2008

45,500

25,500

25,500

Direct
investment

Banca Sociala

Second credit line for on-lending to SMEs.

Bank lending

Private

2007

5,070

5,070

5,070

Moldova

Direct
investment

Chisinau Shopping Mall

Finance for the building and development of a


retail and entertainment complex.

Property and
tourism

Private

2008

59,800

21,400

21,400

Moldova

Direct
investment

Direct Lending Facility

Iucan Comert office centre Office centre development to create an ICT


and Endava ICT Incubator incubator and science park.

Property and
tourism

Private

2009

2,300

2,300

2,300

Moldova

Direct
investment

Eximbank

Moldova Financial Sector Framework - Finance


for on-lending to small and medium-sized
enterprises.

Bank lending

Private

2008

13,870

13,870

13,870

Moldova

Direct
investment

Moldindconbank

Credit line for on-lending to small and mediumsized enterprises.

Bank lending

Private

2009

15,000

5,000

5,000

Moldova

Regional
investment

Aqualia Investment Venture

Equity in a new company that invests in water


concessions and acquires other privately held
water groups.

Municipal and
environmental
infrastructure

Private

2009

8,163

4,000

4,000

Moldova

Direct
investment

ETC Non-bank Microfinance


Institution Framework III

MicroInvest II

Credit line to a non-bank microfinance institution Small business Private


for on-lending to entrepreneurs and small
finance
businesses.

2009

3,468

1,040

1,040

Moldova

Direct
investment

Moldova Microlending
Programme

ProCredit Bank

Credit line to ProCredit Bank for on-lending to


small business.

Small business Private


finance

2009

6,935

1,734

1,734

Moldova

Direct
investment

Medium-sized Loan Cofinancing Facility

Banca Sociala

Extension on previous investment to improve


access to finance local private enterprises.

Bank lending

2008

1,500

1,500

1,500

All investments 1991- 2009

Sub project

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Moldova

Direct
investment

Efes Vitanta Brewery

Senior loan for modernisation and expansion.

Agribusiness

Private

2008

12,484

12,484

12,484

Moldova

Direct
investment

Mobiasbanca

Loan for on-lending to small and medium-sized


enterprises and larger companies.

Bank lending

Private

2008

20,000

5,000

5,000

Moldova

Regional
investment

European Fund for SouthEast Europe II

Support to financial institutions for on-lending to Small business Private


MSMEs, as well as for housing and rural finance. finance

2009

11,550

1,650

1,650

Moldova

Direct
investment

Direct Lending Facility

Centrul de Diagnostic
German

An investment in a new modern diagnostic


imaging centre in the capital, Chisinau.

Manufacturing
and services

Private

2009

2,000

2,000

2,000

Moldova

Direct
investment

Moldova Agroindbank

Credit line for on-lending to small and mediumsized enterprises.

Bank lending

Private

2009

20,000

10,000

10,000

Moldova

Direct
investment

Direct Lending Facility

Trans Oil

Agribusiness
Supporting the development of agricultural
infrastructure in Moldova with a loan to Trans Oil
Group, the largest grain trading company in
Moldova.

Private

2009

16,645

8,322

8,322

Moldova

Direct
investment

Mid-Sized Corporate Support


Facility

Electricity Distribution
Upgrade

Upgrade and expansion of Union Fenosa


Moldova's distribution network.

Power and
energy

Private

2009

27,741

10,403

10,403

Moldova

Direct
investment

Direct Lending Facility

WJ Moldova

Long-term loan to seed oil crushing company.

Agribusiness

Private

2009

10,330

10,330

10,330

Mongolia

Direct
investment

Kumtor Gold Company

Expansion of gold mining facilities.

Natural
Resources

Private

1995

129,733

4,297

4,297

8,594

Mongolia

Regional
investment

Centerra Gold (formerly


Kumtor Gold Company)

Equity investment in gold producer.

Natural
Resources

Private

2004

4,359

4,359

4,359

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Mongolia

Direct
investment

Xac Bank

Credit line to promote on-lending to micro and


small businesses.

Small business Private


finance

2006

3,468

3,468

3,468

Mongolia

Direct
investment

Direct Lending Facility

Ezio Foradori Cashmere

Loan to a locally-owned niche cashmere


production company in Ulaanbaatar to enhance
competitiveness in the sector.

Manufacturing
and services

Private

2009

555

555

555

Mongolia

Direct
investment

Mongolian Gold MAK

Expansion of Eldev coal mine.

Natural
Resources

Private

2007

31,209

20,806

20,806

Mongolia

Direct
investment

Mongolian Financial Sector


Framework

Khan Bank

Credit line for on-lending to micro, small and


medium-sized businesses.

Small business Private


finance

2007

6,935

6,935

6,935

Mongolia

Direct
investment

Zoos Bank

Mongolian Financial Sector Framework - Loan


and trade finance facility in support of small and
medium-sized enterprises.

Small business Private


finance

2008

2,774

2,774

2,774

Mongolia

Direct
investment

Minii Delgur

Development of leading retailer in Ulaanbaatar


through expansion of shop network.

Agribusiness

Private

2007

5,704

5,704

5,704

Mongolia

Regional
investment

Imperial Mining

Exploration and development of base metal and Natural


precious metal licences.
Resources

Private

2008

22,785

7,527

7,527

Mongolia

Direct
investment

Direct Investment Facility

Australian Independent
Diamond Drilling

Financing the purchase of two new drilling rigs.

Natural
Resources

Private

2007

4,073

4,073

4,073

Mongolia

Direct
investment

Direct Investment Facility

Vitafit

Financing for a new production line for a juice


producer.

Agribusiness

Private

2007

3,581

3,581

3,581

Mongolia

Direct
investment

Magnai Trade Petrol Stations

Investment for expansion of a medium-sized


domestic petrol retailer.

Natural
Resources

Private

2008

24,274

13,871

13,871

All investments 1991- 2009

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Mongolia

Direct
investment

Mongolian Financial Sector


Framework

XAC-GE

Equity investment to encourage lending to small Small business Private


and medium-sized enterprises.
finance

2007

2,212

2,212

2,212

Mongolia

Direct
investment

Zoos Bank

Mongolian Financial Sector Framework - Loan


and trade finance facility in support of small and
medium-sized enterprises.

Bank equity

Private

2008

5,157

5,157

5,157

Mongolia

Direct
investment

Direct Lending Facility

Geosan

Loan to Mongolian geological services firm.

Manufacturing
and services

Private

2008

1,942

1,942

1,942

Mongolia

Direct
investment

MCS Beverages

Loan to help expand production and improve its


wastewater treatment and recycling processes.

Agribusiness

Private

2008

14,079

4,855

4,855

Mongolia

Direct
investment

Direct Investment Facility

Petro Matad

Equity investment in Petro Matad for the


development of oil exploration in Mongolia.

Natural
Resources

Private

2009

4,161

4,161

4,161

Mongolia

Direct
investment

Direct Lending Facility

MSM

Loans facility for medium to large-sized local


private companies in the Early Transition
Countries.

Manufacturing
and services

Private

2008

4,161

4,161

4,161

Mongolia

Direct
investment

Direct Lending Facility

Gobi

Loan to cashmere producer Ezio Foradori to


expand production and modernise its
manufacturing plant.

Manufacturing
and services

Private

2009

2,427

2,427

2,427

Mongolia

Direct
investment

Energy Resources coal mining -

Equity investment to enable the setting up of a


coal mining operation at the Ukhaa Hudag
deposit in southern Mongolia.

Natural
Resources

Private

2009

50,683

14,287

14,287

Mongolia

Direct
investment

Magnai Trade Petrol Stations

Magnai Trade

To develop a medium-sized domestic petrol


retailer, funding the construction of new depot
stores and filling stations.

Natural
Resources

Private

2008

13,918

3,516

3,516

Mongolia

Direct
investment

Magnai Trade Petrol Stations

Magnai Trade Market

To develop a medium-sized domestic petrol


retailer, funding the construction of new depot
stores and filling stations.

Natural
Resources

Private

2008

3,125

3,125

3,125

All investments 1991- 2009

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Mongolia

Direct
investment

Magnai Trade Petrol Stations

Magnai Trade Petroleum

To develop a medium-sized domestic petrol


retailer, funding the construction of new depot
stores and filling stations.

Natural
Resources

Private

2008

3,125

3,125

3,125

Mongolia

Direct
investment

Salkhit Windfarm

Support for the development phase of a proposed Power and


50MW windfarm to be constructed and operated energy
70km from Ulaanbaatar.

Private

2009

2,774

485

485

Montenegro Direct
investment

Euromarket Banka

Financing for small and medium-sized


enterprises.

Bank lending

Private

2002

3,000

3,000

3,000

Montenegro Direct
investment

Direct Investment Facility

Progas

Production, marketing and distribution of


technical gases.

Manufacturing
and services

Private

2002

1,120

408

408

Montenegro Direct
investment

Euromarket Banka

Equity investment to foster institutional


development.

Bank equity

Private

2002

5,004

1,994

1,329

3,324

Montenegro Regional
investment

Air traffic management


modernisation and upgrade

Modernisation of the Belgrade and Podgorica air Transport


traffic control centres and corresponding
infrastructure.

State

2005

8,952

2,680

2,680

Montenegro Direct
investment

Kombinat Aluminium
Podgorica

Loan facilitating the privatisation of integrated


aluminium producer.

Manufacturing
and services

State

2003

1,945

1,945

1,945

Montenegro Direct
investment

Montenegro Airports

Modernisation of two Montenegro airports.

Transport

State

2003

29,000

11,000

11,000

Montenegro Direct
investment

US/EBRD SME Finance


Facility

Opportunity Bank

Credit line for on-lending to micro, small and


medium-sized businesses.

Small business Private


finance

2003

3,000

2,700

2,700

Montenegro Direct
investment

US/EBRD SME Finance


Facility

Alter Modus

Credit line for on-lending to micro, small and


medium-sized businesses.

Small business Private


finance

2004

1,000

900

900

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Montenegro Direct
investment

Montenegro Regional Road


Rehabilitation Project

Improvements to infrastructure and safety of


Montenegrin roads.

Transport

State

Montenegro Direct
investment

US/EBRD SME Finance


Facility

Alter Modus

Financing for micro and small enterprises.

Small business Private


finance

Montenegro Direct
investment

Montenegro regional water


supply

Construction of a regional water supply network. Municipal and


environmental
infrastructure

Montenegro Regional
investment

Europolis III

Montenegro Direct
investment

Montenegro rail infrastructure -

Property and
Equity investment allowing the creation of a
regional portfolio of property assets in Bosnia and tourism
Herzegovina, Bulgaria, FYR Macedonia,
Montenegro, Romania, Russia, Serbia and
Ukraine.
Support for the upgrading of railways
Transport
infrastructure.

Montenegro Direct
investment

Western Balkans MSME


Framework

Alter Modus III

Further loan to Alter Modus for on-lending to


micro, small and medium-sized enterprises.

Montenegro Regional
investment

ViaOne

Equity investment to support the commercial


launch and development of ViaOne Europa
Holding's software platforms.

Montenegro Direct
investment

Western Balkans Local


Enterprise Facility

MPM

Loan to support MPM's cosmetic wholesale and Manufacturing


retail business.
and services

Montenegro Direct
investment

Western Balkans Local


Enterprise Facility

Franca Mesopromet

Support for meat producer.

Montenegro Regional
investment

European Fund for SouthEast Europe II

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

2005

14,821

10,941

10,941

2005

2,000

1,800

1,800

State

2007

52,463

18,000

18,000

Private

2006

7,425

630

945

1,575

State

2007

30,000

15,000

15,000

Small business Private


finance

2007

1,500

1,500

1,500

Telecoms,
Private
informatics and
media

2008

847

500

500

Private

2009

1,500

1,500

1,500

Private

2008

5,000

5,000

5,000

Support to financial institutions for on-lending to Small business Private


MSMEs, as well as for housing and rural finance. finance

2009

12,600

1,800

1,800

Agribusiness

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

Montenegro Direct
investment

Montenegro Rail Infrastructure II

A loan for completion of a priority track upgrading Transport


programme on the Montenegrin rail network.

State

2009

17,900

15,000

15,000

Montenegro Direct
investment

Local Enterprise Facility

Voli Trade

A loan to Voli Trade, owner of Voli, a grocery


Agribusiness
retailer in Montenegro operating 12 stores around
the country.

Private

2009

4,233

3,079

3,079

Montenegro Regional
investment

Southeast Europe Energy


Efficiency Fund (SE4F)

Financing for energy efficiency projects through


local financial institutions.

Insurance and
financial
services

Private

2009

4,744

1,250

1,250

Poland

Regional
investment

Renaissance Fund

Venture capital fund supporting private


companies.

Equity funds

Private

1993

14,441

4,323

4,323

Poland

Direct
investment

American Bank (Poland)

Financing for private companies.

Bank lending

Private

1993

3,468

3,468

3,468

Poland

Direct
investment

Winterthur multi-project facility -

Equity investment in composite insurer.

Insurance and
financial
services

Private

1994

111,228

55,213

55,213

Poland

Direct
investment

Heros

Equity investment in Polish life insurer.

Insurance and
financial
services

Private

1995

2,680

1,401

1,401

Poland

Direct
investment

Netia

Construction and operation of direct


telecommunication lines, installed in licensed
regions throughout Poland.

Telecoms,
Private
informatics and
media

1996

210,992

15,827

7,914

23,741

Poland

Direct
investment

Polska Telefonica Komorkowa -

Construction of cellular network and purchase of Telecoms,


Private
equipment.
informatics and
media

1992

108,191

16,645

16,645

Poland

Direct
investment

Motorway development

Upgrade of major roads within Poland and


introduction of tolls.

1993

82,594

44,994

44,994

All investments 1991- 2009

Transport

State

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Poland

Direct
investment

Huta Warszawa-Lucchini

Restructuring of steel plant and installation of


modern and environmentally sound equipment.

Manufacturing
and services

Private

1993

227,195

15,000

15,000

Poland

Direct
investment

Polish Development Bank

Financing for small and medium-sized


enterprises.

Bank lending

Private

1994

4,274

4,274

4,274

Poland

Direct
investment

Poland housing

Construction of residential projects.

Property and
tourism

Private

1992

42,742

1,130

1,130

Poland

Direct
investment

Poland Private Equity Fund

Financing for small and medium-sized


enterprises.

Equity funds

Private

1992

61,852

41,881

41,881

Poland

Direct
investment

Pilkington Sandoglass

Privatisation of Poland's largest sheet glass


manufacturer and construction of float glass
plant.

Manufacturing
and services

Private

1993

182,751

25,396

8,465

33,861

Poland

Direct
investment

Polspan

Modernisation and expansion of production at


chipboard manufacturing facility.

Manufacturing
and services

Private

1993

42,335

10,226

10,226

Poland

Direct
investment

Fiat/ FSM

Acquisition of majority stake in Polish car


manufacturer FSM by Fiat.

Manufacturing
and services

Private

1994

93,569

62,093

62,093

Poland

Direct
investment

Metalplast

Upgrade of manufacturing capacity, increase of


production and expansion into construction
material markets.

Manufacturing
and services

Private

1995

23,492

6,223

6,223

Poland

Direct
investment

WBK Poznan

Financing for small and medium-sized


enterprises.

Bank lending

State

1991

28,817

1,076

1,076

Poland

Direct
investment

Industriebeteiligungs GmbH
(IBG)

Janofrost

Construction, fit-out and operation of three food


processing and cold storage facilities.

Agribusiness

Private

1992

10,328

1,790

1,790

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Poland

Direct
investment

Kwidzyn

Modernisation of pulp and paper mill.

Manufacturing
and services

Private

1994

202,413

13,433

13,433

Poland

Direct
investment

Huta Szkla Jaroslaw

Modernisation of glass container manufacturing


plant.

Manufacturing
and services

Private

1993

30,013

3,541

3,541

Poland

Direct
investment

Atrium

Construction of business centre and hotel.

Property and
tourism

Private

1994

31,035

3,641

3,641

Poland

Direct
investment

Warsaw distribution centre

Construction of industrial park.

Property and
tourism

Private

1995

17,054

3,641

3,641

Poland

Direct
investment

Bielsko-Biala power station

Completion of boiler plant.

Power and
energy

Private

1994

104,615

29,621

29,621

Poland

Direct
investment

Caresbac Polska

Equity investment in small business investment


company, focusing on the agribusiness sector.

Equity funds

Private

1993

10,807

4,149

4,149

Poland

Direct
investment

KZP - Poland (Trebruk)

Restructuring of pulp and paper mill.

Manufacturing
and services

Private

1993

97,800

13,511

13,511

Poland

Direct
investment

ABB Dolmel Ltd

Expansion of air and water-cooled turbogenerator production facility.

Manufacturing
and services

Private

1992

12,678

4,355

4,355

Poland

Direct
investment

Lodom

Construction of cold storage facility.

Agribusiness

Private

1993

8,041

2,007

2,007

Poland

Direct
investment

Kronospan Szczecinek

Expansion and modernisation of chipboard


manufacturer.

Manufacturing
and services

Private

1994

53,778

15,339

15,339

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Poland

Direct
investment

Agora Gazeta (RZB CEAL)

Acquisition of printing plant.

Manufacturing
and services

Private

1993

8,215

2,774

2,774

Poland

Direct
investment

Ringnes/Pubrex (BCCB)

Operation of soft drink production plant and


establishment of retail distribution network.

Agribusiness

Private

1992

17,650

5,624

5,624

Poland

Direct
investment

Rockwool Polska

Modernisation of four mineral wool production


lines.

Manufacturing
and services

Private

1993

18,025

5,601

5,601

Poland

Regional
investment

New Europe East Investment


Fund

Equity fund supporting private companies and


joint ventures.

Equity funds

Private

1993

24,957

6,114

6,114

Poland

Direct
investment

Wielkopolski Bank Kredytowy -

Privatisation of commercial bank.

Bank equity

Private

1993

10,414

10,414

10,414

Poland

Regional
investment

Dun and Bradstreet

Development of business information services in Insurance and


central and eastern Europe.
financial
services

Private

1993

353

353

353

Poland

Direct
investment

Farm Frites Poland

Construction of potato processing plant and


storage facilities.

Agribusiness

Private

1994

19,053

7,288

7,288

Poland

Direct
investment

Industriebeteiligungs GmbH
(IBG)

Krespol

Construction, fit-out and operation of three food


processing and cold storage facilities.

Agribusiness

Private

1992

1,841

1,841

1,841

Poland

Direct
investment

Industriebeteiligungs GmbH
(IBG)

Kujawy-Frost

Construction, fit-out and operation of three food


processing and cold storage facilities.

Agribusiness

Private

1992

1,841

1,841

1,841

Poland

Direct
investment

Fabryka Papieru Malta Decor

Expansion of decorative paper production.

Manufacturing
and services

Private

1993

9,612

4,090

4,090

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Poland

Direct
investment

Schooner

Equity investment in industrial holding company. Equity funds

Private

1994

33,818

12,761

12,761

Poland

Direct
investment

Railway modernisation project -

Upgrade of the Warsaw-Kunowice railway line.

State

1996

486,082

49,082

49,082

Poland

Regional
investment

Advent Private Equity Fund


Central Europe

Private equity fund supporting small and medium- Equity funds


sized enterprises in central and eastern Europe.

Private

1994

16,691

3,376

3,376

Poland

Direct
investment

Prospect Poland Fund

Equity fund supporting medium-sized enterprises. Equity funds

Private

1994

24,587

6,283

6,283

Poland

Regional
investment

East European Food Fund

Investment fund focusing on food and beverage


sector.

Agribusiness

Private

1995

3,486

823

823

Poland

Direct
investment

Bank Przemyslowo-Handlowy -

Partial privatisation of commercial bank.

Bank equity

Private

1994

34,160

34,160

34,160

Poland

Direct
investment

Orix Polska

Equity investment in industrial equipment leasing Insurance and


facility.
financial
services

Private

1995

1,206

1,206

1,206

Poland

Direct
investment

Kredyt Bank

Expansion of branches, upgrade of technical


infrastructure and improvement of banking
products.

Bank equity

Private

1996

4,017

4,017

4,017

Poland

Regional
investment

MBA loan project

Financial support for students undertaking MBA


degrees at top-tier business schools.

Bank lending

Private

1995

2,216

707

530

1,237

Poland

Direct
investment

Waresco

Construction of international-standard office


development.

Property and
tourism

Private

1996

23,889

6,489

6,489

All investments 1991- 2009

Sector

Transport

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Poland

Direct
investment

Faure and Machet

Development of Parc Logistique, the first largescale distribution logistics facility constructed in
central and eastern Europe.

Property and
tourism

Private

1995

27,932

7,883

7,883

Poland

Direct
investment

Warsaw financial centre

Construction of private sector office development. Property and


tourism

Private

1996

81,802

13,447

13,447

Poland

Direct
investment

Forte

Underwriting of Polish furniture companys initial Manufacturing


public offer and purchase of 20 per cent of
and services
shares.

Private

1996

10,453

1,875

1,875

Poland

Direct
investment

Mass privatisation programme Srubena

Improvement of industrial fastener


manufacturers production facilities.

Manufacturing
and services

Private

1996

5,971

3,197

3,197

Poland

Regional
investment

Environmental Investment
Fund

Support for companies undertaking environment- Municipal and


related projects in the infrastructure sector.
environmental
infrastructure

Private

1997

15,400

3,500

3,500

Poland

Direct
investment

Stalexport

Further privatisation of steel-trading and steelproducing holding.

Private

1998

136,318

27,434

27,434

Poland

Direct
investment

Warsaw wholesale market

Construction and operation of new wholesale


Agribusiness
market and modernisation of trade infrastructure.

State

1996

41,223

10,436

10,436

Poland

Direct
investment

National Investment Fund

Zachodni

Equity investment in Polish enterprises.

Manufacturing
and services

Private

1995

1,110

1,110

1,110

Poland

Direct
investment

National Investment Fund

Osmy

Equity investment in Polish enterprises.

Manufacturing
and services

Private

1995

1,110

1,110

1,110

Poland

Direct
investment

National Investment Fund

Piaty

Equity investment in Polish enterprises.

Manufacturing
and services

Private

1995

139

139

139

All investments 1991- 2009

Manufacturing
and services

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Poland

Direct
investment

National Investment Fund

Siodmy

Equity investment in Polish enterprises.

Manufacturing
and services

Private

1995

2,219

2,219

2,219

Poland

Direct
investment

National Investment Fund

Dwunasty

Equity investment in Polish enterprises.

Manufacturing
and services

Private

1995

1,110

1,110

1,110

Poland

Direct
investment

National Investment Fund

Pietnasty

Equity investment in Polish enterprises.

Manufacturing
and services

Private

1995

1,664

1,664

1,664

Poland

Direct
investment

National Investment Fund

Pierwszy

Equity investment in Polish enterprises.

Manufacturing
and services

Private

1995

1,026

1,026

1,026

Poland

Direct
investment

New Europe Insurance


Ventures

Investment fund supporting small and mediumsized insurance companies.

Insurance and
financial
services

Private

1996

24,366

2,173

2,173

Poland

Direct
investment

Mass privatisation programme Krotoszyn

Restructuring and development of auto cylinder


liner manufacturers operations.

Manufacturing
and services

Private

1996

2,635

2,635

2,635

Poland

Direct
investment

KZP - Poland (Trebruk)

Restructuring of pulp and paper mill.

Manufacturing
and services

Private

1996

38,543

10,250

10,250

Poland

Direct
investment

Rolimpex

Modernisation and expansion of agribusiness


trading and processing company.

Agribusiness

Private

1996

68,440

12,957

12,957

Poland

Direct
investment

Polish Enterprise Fund

Financing for small and medium-sized


enterprises.

Equity funds

Private

1996

122,231

29,437

29,437

Poland

Direct
investment

Pioneer Poland Real Estate


Fund

Development of real estate and investment


opportunities in Poland.

Property and
tourism

Private

1997

485

485

485

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Poland

Regional
investment

DBG Osteuropa Holding


GmbH

Private equity fund supporting medium-sized


enterprises.

Equity funds

Private

1997

7,120

2,556

2,556

Poland

Direct
investment

Bank Gospodarki
Zywnosciowej

Equity investment in bank focusing on rural


finance.

Bank equity

Private

2004

290,726

86,723

86,723

Poland

Direct
investment

Air Liquide

Huta Katowice

Construction and operation of on-site airseparation facility.

Manufacturing
and services

Private

1997

30,490

13,370

13,370

Poland

Direct
investment

Central Poland Fund

Private equity fund investing in small and medium Equity funds


sized companies.

Private

1998

13,095

2,692

2,692

Poland

Direct
investment

Hortex Holding

Restructuring of fruit and vegetable juice


producer.

Agribusiness

Private

1997

71,208

13,645

13,645

Poland

Direct
investment

Lafarge multi-project facility

Kujawy and RMC

Acquisition, modernisation, expansion,


construction and operation of manufacturing
facilities in the cement, lime, aggregates and
ready-mix concrete sectors.

Manufacturing
and services

Private

1996

97,521

28,149

28,149

Poland

Direct
investment

Cementownia Chelm

Modernisation and restructuring of cement


producer.

Manufacturing
and services

Private

1997

59,343

14,312

14,312

28,624

Poland

Direct
investment

Krakow urban transport

Construction of fast tram link along the northsouth axis of the city.

Municipal and
environmental
infrastructure

State

1998

134,574

35,000

35,000

Poland

Direct
investment

Kruszwica

Modernisation of edible oil production facilities.

Agribusiness

Private

1997

38,943

15,363

15,363

Poland

Direct
investment

Waresco

Construction of international-standard office


development.

Property and
tourism

Private

1997

3,072

902

902

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Poland

Direct
investment

Danuta

Equity investment in pasta factory.

Agribusiness

Private

1997

31,526

5,172

5,172

Poland

Direct
investment

Kredyt Bank

Expansion of branches, upgrade of technical


infrastructure and improvement of banking
products.

Bank equity

Private

1997

1,782

1,782

1,782

Poland

Direct
investment

Bank Przemyslowo-Handlowy -

Convertible bond issue in commercial bank.

Bank equity

Private

1998

13,983

13,983

13,983

Poland

Regional
investment

Baring Communications

Private equity fund targeting the media and


communications sector.

Telecoms,
Private
informatics and
media

1997

16,564

3,717

3,717

Poland

Direct
investment

Polish pre-initial public offer


finance facility

Financing for enterprises about to be listed on the Equity funds


stock exchange.

Private

1998

7,341

3,873

3,873

Poland

Direct
investment

Krono-Wood Spolka zoo

Investment in timber sheet manufacturer.

Manufacturing
and services

Private

1997

106,096

19,173

19,173

Poland

Regional
investment

Communication and
Information Technology Fund

Private equity fund targeting the media and


communications sector.

Telecoms,
Private
informatics and
media

1999

13,170

3,981

3,981

Poland

Direct
investment

PWN Wydawnictwo Naukowe -

Expansion of publishers investment programme. Manufacturing


and services

Private

1998

17,257

8,657

8,657

Poland

Direct
investment

Kredyt Bank

Expansion of branches, upgrade of technical


infrastructure and improvement of banking
products.

Bank equity

Private

1997

60,350

6,916

6,916

Poland

Direct
investment

Wroclaw municipal
infrastructure flood damage
repair

Improvements to flood-damaged municipal


transport infrastructure.

Municipal and
environmental
infrastructure

State

1998

35,510

15,510

15,510

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Sector

Portfolio
Class

Poland

Direct
investment

Lafarge multi-project facility

Malogoszcz and Wierzbica Acquisition, modernisation, expansion,


construction and operation of manufacturing
facilities in the cement, lime, aggregates and
ready-mix concrete sectors.

Manufacturing
and services

Private

1997

129,375

13,417

13,417

Poland

Regional
investment

Advent Central and Eastern


Europe Fund II

Private equity fund supporting small and medium- Equity funds


sized enterprises in central and eastern Europe.

Private

1997

14,822

5,814

5,814

Poland

Direct
investment

Honeywell ESCO Poland

Establishment, acquisition or expansion and


operation of energy services companies.

Manufacturing
and services

Private

1998

1,081

371

371

Poland

Direct
investment

Dalkia Multi-Project Facility II

Poznan cogeneration
privatisation

Privatisation of ZEC Poznan, the combined heat Municipal and


and power plant in Poznan.
environmental
infrastructure

Private

1997

28,825

3,604

1,201

4,805

Poland

Regional
investment

Innova/98

Private equity fund supporting small and medium- Equity funds


sized enterprises.

Private

1998

51,427

11,926

11,926

Poland

Regional
investment

AIG New Europe Fund

Private equity fund investing in central and


eastern Europe.

Equity funds

Private

1999

35,059

6,910

6,910

Poland

Regional
investment

Central and Eastern Europe


Power Fund

Investment in private sector projects in power


generation, transmission and district heating.

Power and
energy

Private

1999

4,288

1,307

1,307

Poland

Regional
investment

Emerging Europe Capital


Investors LDC

Direct equity fund investing in central and eastern Equity funds


Europe.

Private

1999

29,370

9,341

9,341

Poland

Direct
investment

Animex

Restructuring of meat processing operations.

Agribusiness

Private

2001

149,965

17,501

17,501

Poland

Direct
investment

Pekao

Equity investment financing the bank's interestearning assets and technology investments.

Bank equity

Private

1998

88,077

88,077

88,077

All investments 1991- 2009

Description

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Poland

Regional
investment

Energy Efficiency and


Emissions Reduction Fund

Equity financing for energy efficiency and


emission-reducing projects.

Power and
energy

Private

1999

17,750

5,000

5,000

Poland

Direct
investment

LandG ESCO Poland

Implementation of small and medium-sized


energy efficiency projects.

Manufacturing
and services

Private

1999

5,886

246

246

491

Poland

Direct
investment

Kredyt Bank

Expansion of branches, upgrade of technical


infrastructure and improvement of banking
products.

Bank equity

Private

1999

87,144

8,553

8,553

Poland

Direct
investment

Polish dairy facility

ING Bank Slaski

Modernisation of 10-15 dairies and their supplyingBank lending


farms to upgrade milk quality to EU standards.

Private

2000

10,821

2,821

2,821

Poland

Direct
investment

Slodownia Soufflet multiproject facility

Polska SARL

Purchase, modernisation and expansion of malt


production facilities and machinery.

Agribusiness

Private

1998

27,869

13,652

13,652

Poland

Direct
investment

PKP restructuring and


privatisation

Restructuring and improvement of productivity


and competitiveness of rail transport services.

Transport

State

2000

230,000

100,000

100,000

Poland

Direct
investment

Gdansk urban transport

Upgrade of tramway tracks and cars, purchase of Municipal and


new buses and introduction of electronic ticketing. environmental
infrastructure

State

2001

26,100

12,000

12,000

Poland

Direct
investment

Telekomunikacja Polska

Privatisation of telecommunications operator.

Telecoms,
Private
informatics and
media

1998

659,161

64,862

64,862

Poland

Direct
investment

Krakow Plaszow II

Modernisation of mechanical treatment facility


and construction of biological treatment facility.

Municipal and
environmental
infrastructure

State

2000

63,581

5,281

5,281

Poland

Direct
investment

Lafarge multi-project facility

Lafarge Polska

Acquisition, modernisation, expansion,


construction and operation of manufacturing
facilities in the cement, lime, aggregates and
ready-mix concrete sectors.

Manufacturing
and services

Private

1998

28,071

6,137

6,137

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Poland

Direct
investment

Alpha properties

Development, construction, renovation and


Property and
management of properties in Gdansk, Sopot and tourism
Gdynia.

Private

1999

52,816

9,325

9,325

Poland

Direct
investment

Private Equity Fund Cofinancing Facility

Equity investment in small and medium-sized


manufacturers.

Manufacturing
and services

Private

1999

111,655

13,867

13,867

Poland

Regional
investment

MBA loan project

Financial support for students undertaking MBA


degrees at top-tier business schools.

Bank lending

Private

1998

478

99

99

199

Poland

Direct
investment

Nordea Bank Polska

Financing for small and medium-sized


enterprises.

Bank lending

Private

1999

22,599

22,599

22,599

Poland

Direct
investment

Danone multi-project facility

LU Polska

Investment in dairy, confectionery and mineral


water companies.

Agribusiness

Private

1999

81,643

23,514

23,514

Poland

Direct
investment

Bydgoszcz water

Modernisation of sewer system and integration


with newly constructed waste-water treatment
plants.

Municipal and
environmental
infrastructure

State

1999

87,393

15,257

15,257

Poland

Direct
investment

EU/EBRD SME Finance


Facility

WBK

Financing for small and medium-sized


enterprises.

Bank lending

Private

1999

10,000

10,000

10,000

Poland

Regional
investment

Heitman Central Europe


Property Partners Fund

Investment in property projects, primarily office


buildings, warehousing/distribution and retail
shopping centres.

Property and
tourism

Private

2000

34,189

9,430

9,430

Poland

Direct
investment

Polish dairy facility

WBK

Modernisation of 10-15 dairies and their supplyingBank lending


farms to upgrade milk quality to EU standards.

Private

2000

4,420

1,750

1,750

Poland

Direct
investment

EU/EBRD SME Finance


Facility

Bank Slaski

Financing for small and medium-sized


enterprises.

Private

2000

10,000

10,000

10,000

All investments 1991- 2009

Sector

Bank lending

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Poland

Regional
investment

Argus Capital Partners

Private equity fund supporting medium-sized


enterprises.

Equity funds

Private

2000

38,931

8,607

8,607

Poland

Direct
investment

Telekomunikacja Polska

Joint EBRD/EIB guarantee facility for


telecommunications provider.

Telecoms,
Private
informatics and
media

1999

250,000

30,000

30,000

Poland

Direct
investment

Lafarge multi-project facility

Lafarge Polska

Acquisition, modernisation, expansion,


construction and operation of manufacturing
facilities in the cement, lime, aggregates and
ready-mix concrete sectors.

Manufacturing
and services

Private

2000

100,800

45,318

45,318

Poland

Direct
investment

KZP - Poland (Trebruk)

Restructuring of pulp and paper mill.

Manufacturing
and services

Private

2000

51,286

22,125

22,125

Poland

Regional
investment

Accession Mezzanine Capital -

Establishment of first dedicated mezzanine fund, Equity funds


supporting mature companies.

Private

2002

37,000

15,000

15,000

Poland

Direct
investment

Globe Trade Centre

Expansion of property developers portfolio and


future listing on the Warsaw Stock Exchange.

Property and
tourism

Private

2000

17,115

17,115

17,115

Poland

Direct
investment

PKP restructuring and


privatisation

Restructuring and improvement of productivity


and competitiveness of rail transport services.

Transport

State

2002

130,000

130,000

130,000

Poland

Direct
investment

CAIB investment

Provision of anchor capital for a number of funds, Insurance and


including the third-pillar pension programme.
financial
services

Private

2001

1,193

1,193

1,193

Poland

Direct
investment

EU/EBRD SME Finance


Facility

Fortis Bank Polska

Financing for small and medium-sized


enterprises.

Private

2000

10,000

10,000

10,000

Poland

Direct
investment

Energo-Asekuracja

Expansion of Polish insurers activities in the non- Insurance and


life sector and the life assurance sector.
financial
services

Private

2000

26,495

5,209

5,209

All investments 1991- 2009

Bank lending

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Poland

Direct
investment

Poland

Description

Sector

Portfolio
Class

Wroclaw multi-sector municipal infrastructure

Modernisation of drinking water treatment plant


and sewerage network and upgrade of solid
waste landfill.

Municipal and
environmental
infrastructure

State

2000

163,400

5,460

5,460

Direct
investment

Polish Enterprise Fund

Financing for small and medium-sized


enterprises.

Equity funds

Private

2000

163,635

48,047

48,047

Poland

Direct
investment

Europejski Fundusz
Leasingowy

Expansion of Poland's largest independent


equipment and vehicle lessors portfolio.

Insurance and
financial
services

Private

2001

75,000

35,000

35,000

Poland

Direct
investment

Kruszwica

Modernisation of edible oil production facilities.

Agribusiness

Private

2000

4,013

1,239

1,239

Poland

Direct
investment

Pekao

Equity investment financing the bank's interestearning assets and technology investments.

Bank equity

Private

2000

13,164

13,164

13,164

Poland

Regional
investment

Raiffeisen EU Enlargement
Fund

Private equity fund supporting small and medium- Equity funds


sized enterprises in central and eastern Europe.

Private

2001

13,662

6,582

6,582

Poland

Regional
investment

DVI Inc

Provision of medical equipment for hospitals and Insurance and


diagnostic centres.
financial
services

Private

2001

8,520

2,260

2,260

Poland

Direct
investment

Cementownia Chelm

Modernisation and restructuring of cement


producer.

Manufacturing
and services

Private

2000

26,076

26,076

26,076

Poland

Direct
investment

EMPiK Centrum

Modernisation and refurbishment of department


store and multi-media bookstore.

Manufacturing
and services

Private

2000

12,348

12,348

12,348

Poland

Direct
investment

EU/EBRD SME Finance


Facility

Bank Zachodni

Financing for small and medium-sized


enterprises.

Bank lending

Private

2001

10,000

10,000

10,000

All investments 1991- 2009

Sub project

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Poland

Direct
investment

Atrium

Construction of business centre and hotel.

Property and
tourism

Private

2000

80,980

14,500

14,500

Poland

Direct
investment

Hortex Holding

Restructuring of fruit and vegetable juice


producer.

Agribusiness

Private

2000

10,973

10,973

10,973

Poland

Direct
investment

EU/EBRD SME Finance


Facility

Pekao

Financing for small and medium-sized


enterprises.

Bank lending

Private

2001

20,000

20,000

20,000

Poland

Regional
investment

Innova/3

Private equity fund supporting small and medium- Equity funds


sized enterprises.

Private

2001

56,498

6,698

6,698

Poland

Direct
investment

Pekao

Equity investment financing the bank's interestearning assets and technology investments.

Bank equity

Private

2000

42,996

42,996

42,996

Poland

Direct
investment

Nova Polonia Private Equity


Fund

Financing for small and medium-sized


enterprises.

Equity funds

Private

2001

30,050

10,000

10,000

Poland

Direct
investment

Sokolow

Consolidation and expansion of meat processors Agribusiness


operations.

Private

2001

73,124

4,924

4,924

Poland

Regional
investment

Spearhead International

Expansion of food suppliers operations.

Agribusiness

Private

2001

5,489

5,489

5,489

Poland

Direct
investment

Polska Telefonica Cyfrowa

Construction of wireless telecommunications


network.

Telecoms,
Private
informatics and
media

2001

656,062

81,062

81,062

Poland

Direct
investment

Danuta

Equity investment in pasta factory.

Agribusiness

1997

4,033

4,033

4,033

All investments 1991- 2009

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Poland

Direct
investment

Rheinhyp-BRE Bank
Hipoteczny mortgage bond
purchase framework

Purchase of issued mortgage bonds and support Insurance and


for banks commercial and residential mortgage financial
portfolio.
services

Private

2002

30,403

30,403

30,403

Poland

Direct
investment

Rybnik sewerage network


development programme

Construction of sewerage network connecting


with the waste-water treatment plant.

State

2001

112,721

19,721

19,721

Poland

Regional
investment

IKB co-financing risk


participation agreement
(guarantee)

Unfunded risk participation facility for companies Bank lending


in the Czech Republic.

Private

2001

10,600

10,600

10,600

Poland

Direct
investment

Lukas Bank

Financing for small and medium-sized


enterprises.

Bank lending

Private

2001

21,322

21,322

21,322

Poland

Direct
investment

EU/EBRD SME Finance


Facility

Raiffeisen Leasing Polska

Financing for small and medium-sized


enterprises.

Insurance and
financial
services

Private

2002

10,431

10,431

10,431

Poland

Direct
investment

Belchatow II

Modernisation of power plant to bring it in line withPower and


EU environmental standards.
energy

State

2006

1,855,694

69,061

69,061

Poland

Direct
investment

EU/EBRD SME Finance


Facility

BZ WBK

Financing for small and medium-sized


enterprises.

Bank lending

Private

2002

20,000

20,000

20,000

Poland

Direct
investment

EU/EBRD SME Finance


Facility

Fortis Bank Polska

Financing for small and medium-sized


enterprises.

Bank lending

Private

2001

10,000

10,000

10,000

Poland

Direct
investment

EU/EBRD SME Finance


Facility

Raiffeisen Bank Polska

Financing for small and medium-sized


enterprises.

Bank lending

Private

2002

10,345

3,621

3,621

Poland

Regional
investment

Black Sea Fund

Equity investment in medium-sized local


enterprises and facilitation of foreign direct
investment in the region.

Equity funds

Private

2002

1,379

420

420

All investments 1991- 2009

Sector

Municipal and
environmental
infrastructure

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Poland

Direct
investment

Skypet

Construction and installation of new PET resin


manufacturing facility.

Manufacturing
and services

Private

2002

59,045

18,288

18,288

Poland

Direct
investment

Sopot urban transport

Construction of essential road underpasses and Municipal and


improvement of traffic management.
environmental
infrastructure

State

2001

8,224

5,000

5,000

Poland

Direct
investment

Wroclaw Water financing


project

Upgrade of existing water treatment facility.

Municipal and
environmental
infrastructure

State

2003

60,969

10,000

10,000

Poland

Direct
investment

EU/EBRD SME Finance


Facility

ING Bank Slaski

Financing for small and medium-sized


enterprises.

Bank lending

Private

2002

20,000

20,000

20,000

Poland

Regional
investment

DBG Osteuropa Holding


GmbH

Private equity fund supporting medium-sized


enterprises.

Equity funds

Private

2003

21,780

6,600

6,600

Poland

Regional
investment

Danfoss debt facility for


industrial energy projects

Financing for energy efficiency projects in


selected east European breweries.

Manufacturing
and services

Private

2002

980

230

230

Poland

Regional
investment

Askembla Growth Fund

Private equity fund supporting medium-sized


enterprises.

Equity funds

Private

2002

14,544

4,000

4,000

Poland

Direct
investment

EU/EBRD SME Finance


Facility

BZ WBK Leasing

Financing for small and medium-sized


enterprises.

Insurance and
financial
services

Private

2003

21,056

21,056

21,056

Poland

Direct
investment

Dalkia Multi-Project Facility II

Poznan cogeneration
privatisation

Privatisation of ZEC Poznan, the combined heat Municipal and


and power plant in Poznan.
environmental
infrastructure

Private

2002

94,748

21,748

21,748

Poland

Direct
investment

Raiffeisen Bank Polska

Financing for small and medium-sized


enterprises.

Private

2002

20,000

20,000

20,000

All investments 1991- 2009

Bank lending

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Poland

Direct
investment

EU/EBRD SME Finance


Facility

Europejski Fundusz
Leasingowy

Financing for small and medium-sized


enterprises.

Insurance and
financial
services

Private

2002

20,000

20,000

20,000

Poland

Regional
investment

Heitman Central Europe


Property Partners Fund

Investment in property projects, primarily office


buildings, warehousing/distribution and retail
shopping centres.

Property and
tourism

Private

2002

24,799

8,050

8,050

Poland

Direct
investment

Basell Orlen Polyolefins

Development of petrochemical complex.

Manufacturing
and services

Private

2003

350,538

23,269

23,269

46,538

Poland

Direct
investment

Polonia Property Fund

Equity investment in regional property fund.

Property and
tourism

Private

2003

125,000

25,000

25,000

Poland

Direct
investment

Bank Inicjatyw SpolecznoEkonomicznych

Financing for municipalities and small and


medium-sized enterprises.

Bank equity

Private

2004

9,747

9,747

9,747

Poland

Direct
investment

EU/EBRD SME Finance


Facility

PKO BP

Financing for small and medium-sized


enterprises.

Bank lending

Private

2003

20,000

20,000

20,000

Poland

Direct
investment

City of Lodz road improvement project

Upgrade of Lodz section of Pan-European


Corridor VI and surrounding municipal streets.

Municipal and
environmental
infrastructure

State

2002

18,980

6,582

6,582

Poland

Direct
investment

Intermarch - Pekao
Framework Financing

Financing for Intermarch franchisees and


development of 50 new outlets.

Agribusiness

Private

2003

61,687

3,813

3,813

Poland

Direct
investment

Dom Development SA

Development of new residential property projects. Property and


tourism

Private

2003

15,000

15,000

15,000

Poland

Regional
investment

Orco Aparthotels

Expansion of extended-stay hotel chain.

Private

2003

17,725

1,263

632

1,895

All investments 1991- 2009

Property and
tourism

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Poland

Regional
investment

Accession Fund

Property investments in the Czech Republic.

Property and
tourism

Private

2004

120,000

30,000

30,000

Poland

Direct
investment

PKP Energetyka network


management project

Establishment of two control and metering


Transport
centres and procurement of railway maintenance
vehicles.

State

2004

14,700

11,500

11,500

Poland

Direct
investment

Aster City

Acquisition of Polish cable television and


broadband service provider.

2003

140,149

23,749

23,749

Poland

Direct
investment

Bydgoszcz Water revenue


bond

Financing to enable consolidation and


Municipal and
improvements to the water and sewerage system environmental
in Bydgoszcz.
infrastructure

2005

187,719

16,228

16,228

Poland

Direct
investment

Exatel

Private
Expansion of telecommunication providers Polish Telecoms,
network and acquisition of other telecom
informatics and
companies.
media

2002

99,908

68,230

68,230

Poland

Direct
investment

Dalkia Multi-Project Facility II

Poznan cogeneration
privatisation

Privatisation of ZEC Poznan, the combined heat Municipal and


and power plant in Poznan.
environmental
infrastructure

Private

2003

20,000

7,000

7,000

Poland

Direct
investment

Patnow II

Construction of a new unit at the ZE Patnow


Adamow Konin S.A. (PAK), a group of three
lignite-fired power plants.

Power and
energy

Private

2005

550,000

62,780

62,780

Poland

Direct
investment

EU/EBRD SME Finance


Facility

SG Equipment Leasing
Polska

Financing for small and medium-sized


enterprises.

Insurance and
financial
services

Private

2003

13,952

13,952

13,952

Poland

Direct
investment

Europa distribution centre

Phased development of warehouse and light


industrial buildings.

Property and
tourism

Private

2003

9,000

9,000

9,000

Poland

Regional
investment

Raiffeisen International

Equity investment supporting growth of Raiffeisen Bank equity


International's business in Bosnia and
Herzegovina.

Private

2004

10,000

5,000

5,000

All investments 1991- 2009

Private
Telecoms,
informatics and
media

State

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Poland

Regional
investment

Private Equity Fund Facility

Trigranit

Equity investment in leading commercial property Property and


developer and operator.
tourism

Private

2004

9,040

160

160

Poland

Regional
investment

International Water United


Utilities

Acquisition of three water utility companies.

Municipal and
environmental
infrastructure

Private

2003

2,832

1,032

1,032

Poland

Direct
investment

UNIQA TU

Equity investment in composite insurer.

Insurance and
financial
services

Private

2003

27,000

26,247

26,247

Poland

Direct
investment

UNIQA TU na Zycie

Equity investment in composite insurer.

Insurance and
financial
services

Private

2003

5,593

5,593

5,593

Poland

Direct
investment

Dalkia Multi-Project Facility II

Poznan cogeneration
privatisation

Privatisation of ZEC Poznan, the combined heat Municipal and


and power plant in Poznan.
environmental
infrastructure

Private

2004

50,835

4,235

4,235

Poland

Direct
investment

Celsa Huta Ostrowiec

Restructuring of steel mill.

Manufacturing
and services

Private

2004

52,165

20,000

20,000

Poland

Regional
investment

Polish Enterprise Fund V

Private equity fund investing in enterprises in


Poland.

Equity funds

Private

2004

27,900

27,900

27,900

Poland

Direct
investment

Krakow public transport

Investment in public transport infrastructure and


rolling stock to improve services.

Municipal and
environmental
infrastructure

State

2005

68,175

18,276

18,276

Poland

Regional
investment

Advent Central and Eastern


Europe Successor Fund

Private equity fund investing in Poland.

Equity funds

Private

2004

99,142

15,000

15,000

Poland

Direct
investment

Private Equity Fund Cofinancing Facility

Equity investment in small and medium-sized


manufacturers.

Manufacturing
and services

Private

2004

30,494

2,526

2,526

All investments 1991- 2009

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Poland

Direct
investment

EU/EBRD SME Finance


Facility

Bankowy Fundusz
Leasingowy

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

Insurance and
financial
services

Private

2005

14,620

14,620

14,620

Poland

Direct
investment

Spearhead (Top Farms)

Expansion of food suppliers operations.

Agribusiness

Private

2003

4,761

4,761

4,761

Poland

Direct
investment

Arka BZ WBK Property Market Fund

Investment in commercial and residential


property developments.

Property and
tourism

Private

2004

11,125

11,125

11,125

Poland

Direct
investment

EU/EBRD Rural Financing


Facility

Bank Gospodarki
Zywnosciowej

Credit line for on-lending to small and mediumsized businesses in rural areas.

Bank lending

Private

2006

15,000

15,000

15,000

Poland

Direct
investment

EU/EBRD SME Finance


Facility

Raiffeisen Leasing Polska

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

Insurance and
financial
services

Private

2005

5,000

5,000

5,000

Poland

Regional
investment

Europolis II

Development of commercial property projects.

Property and
tourism

Private

2004

17,162

1,624

2,165

3,788

Poland

Direct
investment

Gdansk urban transport project -

Purchase of up to 35 new buses and extension of Municipal and


tram tracks.
environmental
infrastructure

State

2004

6,965

6,579

6,579

Poland

Direct
investment

Dalkia Multi-Project Facility

Lodz cogeneration
privatisation

Acquisition of ZEC Lodz, a district heating and


cogeneration utility in Lodz.

Municipal and
environmental
infrastructure

Private

2004

219,441

39,120

39,120

Poland

Direct
investment

Kaufland Polska Markety

Support for strategic expansion of Kaufland


discount hypermarket chain.

Agribusiness

Private

2005

153,644

75,384

75,384

Poland

Direct
investment

BPH Property Fund

Creation of a fund to purchase medium-sized


property

Property and
tourism

Private

2005

12,351

12,351

12,351

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Poland

Direct
investment

Poland

Description

Sector

Portfolio
Class

Krakow District Heating Project -

Modernisation of heating infrastructure to


increase energy efficiency and reduce pollution.

Municipal and
environmental
infrastructure

State

2006

76,555

5,848

5,848

Direct
investment

EU/EBRD SME Finance


Facility

Deutsche Leasing Polska

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

Insurance and
financial
services

Private

2005

10,000

10,000

10,000

Poland

Direct
investment

JWK

Investment in a property development company. Property and


tourism

Private

2005

15,332

10,332

10,332

Poland

Direct
investment

Private Equity Fund Cofinancing Facility

Equity investment in small and medium-sized


manufacturers.

Agribusiness

Private

2004

53,900

8,000

8,000

Poland

Regional
investment

Volia Voda

Equity investment in Volia Voda enabling it to


expand in central and eastern Europe, Russian
and Ukraine.

Municipal and
environmental
infrastructure

Private

2007

29,400

29,400

29,400

Poland

Direct
investment

Avallon

Investment in private equity firm.

Equity funds

Private

2007

12,000

12,000

12,000

Poland

Regional
investment

Argus Capital Partners II

Private equity fund supporting medium-sized


enterprises. Successor to the Argus Capital
Partners fund.

Equity funds

Private

2005

4,000

4,000

4,000

Poland

Direct
investment

SPS Investment

Finance for a hotel in Warsaw.

Property and
tourism

Private

2005

101

101

101

Poland

Direct
investment

Private Equity Fund Cofinancing Facility

Restructuring of loan under facility.

Manufacturing
and services

Private

2005

13,867

13,867

13,867

Poland

Regional
investment

Emerging Europe
Convergence Fund II

Direct equity fund investing in central and eastern Equity funds


Europe.

Private

2005

4,200

4,200

4,200

All investments 1991- 2009

Sub project

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Poland

Direct
investment

EU/EBRD Rural Financing


Facility

BZ WBK Finance and


Leasing

Credit line for on-lending to small and mediumsized businesses in rural areas.

Insurance and
financial
services

Private

2006

7,000

7,000

7,000

Poland

Direct
investment

EU/EBRD Rural Finance


Facility

BZ WBK Leasing

Credit line for on-lending to small and mediumsized agribusinesses.

Insurance and
financial
services

Private

2005

5,000

5,000

5,000

Poland

Regional
investment

Volia Transport (formerly


Connex)

Equity funding to expand transport services.

Municipal and
environmental
infrastructure

Private

2005

47,048

15,298

15,298

Poland

Regional
investment

SG AM Eastern Europe

Investment in consumer services and


manufacturing companies.

Equity funds

Private

2005

5,940

3,300

3,300

Poland

Direct
investment

Gliwice Environmental
Programme

Transfer of the Banks existing loan from the City Municipal and
of Gliwice to Gliwice PWiK
environmental
infrastructure

State

2005

53,140

15,000

15,000

Poland

Direct
investment

Dalkia Litesko

Additional equity financing for Dalkia Lodz for the Municipal and
acquisition of the district heating company.
environmental
infrastructure

Private

2005

7,406

7,406

7,406

Poland

Regional
investment

Alpha CEE II

Diversified regional private equity fund dedicated Equity funds


to central and eastern Europe.

Private

2006

15,000

15,000

15,000

Poland

Regional
investment

Royalton Partners II

Equity financing for local service providers.

Equity funds

Private

2007

7,500

7,500

7,500

Poland

Direct
investment

Krakow Plaszow II

Modernisation and expansion of a waste-water


plant.

Municipal and
environmental
infrastructure

State

2006

125,680

20,078

20,078

Poland

Regional
investment

Baltcap Private Equity Fund

Private equity fund investing primarily in Estonia, Equity funds


Latvia, and Lithuania.

Private

2007

2,000

2,000

2,000

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Poland

Direct
investment

Poland

Description

Sector

Portfolio
Class

Fagor Wrozamet Restructuring -

Modernisation of an existing plant and


construction of a new facility for a white goods
company.

Manufacturing
and services

Private

2006

68,800

17,500

17,500

Direct
investment

Nova Polonia Natexis II

Equity investment in a private equity fund.

Equity funds

Private

2006

25,000

25,000

25,000

Poland

Regional
investment

AIG New Europe Fund II

Equity funds
Regional private equity fund investing in equity
and equity securities of companies in central and
south-eastern Europe, subsidiary of AIG Global
Investment Group.

Private

2006

15,000

15,000

15,000

Poland

Regional
investment

Syntaxis Mezzanine Fund

Fund with a portfolio of Central European


investments, in various sectors.

Equity funds

Private

2007

10,400

10,000

10,000

Poland

Regional
investment

Accession Mezzanine Capital II -

Private equity fund investing in central and south- Equity funds


eastern European as well as Russia and Ukraine.

Private

2007

30,000

6,000

6,000

Poland

Direct
investment

Advent Polish Investment Fund -

To provide capital and management help to


private companies.

Equity funds

Private

1994

2,214

2,214

2,214

Poland

Regional
investment

Arka Property Fund II

Second investment into a real estate fund.

Property and
tourism

Private

2008

18,295

18,295

18,295

Poland

Direct
investment

Celsa Huta Ostrowiec II

Loan for expansion and modernisation of a steel Manufacturing


mill.
and services

Private

2007

158,000

78,000

78,000

Poland

Regional
investment

I Fund

Co-financing for small and medium-sized


enterprises.

Private

1995

2,984

2,984

2,984

Poland

Regional
investment

EnerCap

Private equity fund dedicated to investing in


Power and
renewable energy and energy efficiency projects energy
in central and south-eastern Europe.

Private

2007

10,000

2,500

2,500

All investments 1991- 2009

Sub project

Equity funds

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Poland

Direct
investment

Dalkia Poznan

Isolation of the EBRD's 10 per cent equity stake Municipal and


in the company.
environmental
infrastructure

Private

2004

9,173

9,173

9,173

Poland

Regional
investment

Advent Central and Eastern


Europe IV

Support investment into central and southeastern European and Ukrainian companies.

Equity funds

Private

2008

10,000

10,000

10,000

Poland

Direct
investment

Hotel Atrium

Standby facility for Polish hotel.

Property and
tourism

Private

2007

10,000

10,000

10,000

Poland

Regional
investment

ViaOne

Equity investment to support the commercial


launch and development of ViaOne Europa
Holding's software platforms.

Telecoms,
Private
informatics and
media

2008

1,694

1,000

1,000

Poland

Direct
investment

Tychowo Wind Farm

Construction of a 50MW wind farm.

Power and
energy

Private

2009

79,950

20,241

10,121

30,362

Poland

Regional
investment

ARX Private Equity Fund

Support for investment to companies operating in Equity funds


central and south-eastern Europe.

Private

2008

6,000

6,000

6,000

Poland

Regional
investment

CEE Special Situations Fund

CRG Capital

Investment in an equity fund managed by CRG


Partners targeting distressed and underperforming companies.

Equity funds

Private

2009

4,000

4,000

4,000

Poland

Regional
investment

Aqualia Investment Venture

Equity in a new company that invests in water


concessions and acquires other privately held
water groups.

Municipal and
environmental
infrastructure

Private

2009

24,490

12,000

12,000

Poland

Direct
investment

EU/EBRD MSME preparatory Inicjatywa Micro


action

Credit line to Inicjatywa Micro in support of micro, Small business Private


small and medium-sized enterprises.
finance

2009

2,924

975

975

Poland

Direct
investment

EU/EBRD Preparatory Action


Framework

Support for micro, small and medium-sized


enterprises.

2008

8,041

8,041

8,041

All investments 1991- 2009

Bank Wspolpracy
Europejskiej

Sector

Bank lending

Portfolio
Class

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Poland

Direct
investment

ENEA

Equity investment to support privatisation.

Power and
energy

Private

2008

514,558

48,558

48,558

Poland

Regional
investment

Asseco South Eastern Europe -

Participation in the initial public offering of an IT


company.

Telecoms,
Private
informatics and
media

2009

7,500

7,500

7,500

Poland

Regional
investment

Syntaxis Mezzanine Fund II

Equity in a regional fund which aims to strengthen Equity funds


corporate governance and build institutions.

Private

2009

52,500

10,500

10,500

Poland

Direct
investment

Bydgoszcz Water

Additional financing to enable consolidation and


improvements of the water and sewerage
system.

Municipal and
environmental
infrastructure

State

2009

147,425

29,241

29,241

Poland

Regional
investment

Resource Eastern European


Equity Partners I

Support for institution building and expansion of


private equity, business improvement and best
ethics and governance.

Equity funds

Private

2009

50,400

15,000

15,000

Poland

Direct
investment

Saturn Biomass

Construction of the biomass facility and


modernisation of Saturn Management's existing
combined heat and power plant.

Power and
energy

Private

2009

105,874

30,000

30,000

Poland

Direct
investment

Polish Leasing

WBK L

Funding for further expansion of the lease


portfolio to mainly rural MSMEs in Poland.

Insurance and
financial
services

Private

2009

25,000

25,000

25,000

Poland

Direct
investment

Polish Leasing

WBK F&L

Funding for further expansion of the lease


portfolio to mainly rural MSMEs in Poland.

Insurance and
financial
services

Private

2009

25,000

25,000

25,000

Poland

Direct
investment

Europejski Fundusz
Leasingowy (EFL)

The loan will enable EFL to expand its lease


portfolio to MSMEs in Poland.

Insurance and
financial
services

Private

2009

70,585

70,585

70,585

Poland

Regional
investment

Heitman Eastern European


Property Fund

An equity investment into Heitman European


Property Partners IV, an investment vehicle
pursuing long-term capital appreciation through
real estate investments.

Property and
tourism

Private

2009

22,775

3,750

3,750

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Poland

Direct
investment

Project Thaler - Gethin Noble

Intermediation of cross-currency basis swap.

Insurance and
financial
services

Private

2009

30,000

6,000

6,000

Poland

Regional
investment

Asseco South Eastern Europe -

Participation in the initial public offering of an IT


company.

Telecoms,
Private
informatics and
media

2009

3,500

3,500

3,500

Poland

Direct
investment

Bank DNB Nord Polska

Bank lending
Enabling the provision of new loans to MSME
clients throughout Poland and funding to the real
economy.

Private

2009

31,678

15,839

15,839

Poland

Direct
investment

Millennium Bank

Loan to improve Bank Millenniums funding


structure and to support its efforts to increase
lending in the SME market.

Bank lending

Private

2009

100,000

100,000

100,000

Romania

Direct
investment

Agribusiness development
project

Advisory services to Banca Agricola.

Bank lending

Private

1992

48,547

48,547

48,547

Romania

Direct
investment

Bucharest wholesale market

Construction of wholesale market and


Agribusiness
establishment of eight rural assembly and supply
markets.

State

1994

27,149

17,313

17,313

Romania

Direct
investment

Banca Agricola

Improvement and modernisation of information


technology system.

Bank equity

Private

1994

17,558

4,685

4,685

Romania

Direct
investment

Romanian Development Bank (BRD)

Financing for small and medium-sized


enterprises.

Bank lending

State

1994

5,356

5,356

5,356

Romania

Direct
investment

Rom Telecom

Connection of new subscribers, construction of


long-distance overlay digital network and
expansion of international capacity and local
networks.

Telecoms,
Private
informatics and
media

1992

549,200

142,000

142,000

Romania

Direct
investment

Emcom-Siemens

Manufacture of telecommunications equipment.

Telecoms,
Private
informatics and
media

1993

26,843

7,414

7,414

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Romania

Direct
investment

Alpha Bank Romania

Equity investment in Alpha Bank Romania.

Bank equity

Private

1993

14,287

1,387

1,387

Romania

Direct
investment

Petroleum pilot modernisation project

Improvement of productivity at selected oilfields. Natural


Resources

State

1992

25,541

18,952

18,952

Romania

Direct
investment

NAR restructuring and road


rehabilitation project

Restructuring of National Administration of Roads Transport


(NAR) and upgrade of 224 km of roads.

State

1993

353,919

55,482

55,482

Romania

Direct
investment

Virolite

Financing for ion-exchange resin manufacturing


plant.

Private

1993

26,625

7,578

3,789

11,367

Romania

Direct
investment

Coca-Cola Bihor and Iasi

Construction and purchase of equipment for two Agribusiness


soft-drink bottling plants and development of
distribution network.

Private

1993

17,338

3,460

3,460

Romania

Direct
investment

Athenee Palace (Bucharest)

Refurbishment and expansion of hotel.

Property and
tourism

Private

1994

36,813

9,904

9,904

Romania

Regional
investment

Euromerchant Balkan Fund

Equity investment in venture capital fund


supporting small and medium-sized private joint
ventures.

Equity funds

Private

1994

3,629

3,629

3,629

Romania

Direct
investment

Municipal utilities development programme

Renovation and upgrade of municipal water


supply and waste-water infrastructure.

Municipal and
environmental
infrastructure

State

1995

48,956

19,419

19,419

Romania

Direct
investment

Tiriac Bank

Equity investment and financing for small and


medium-sized enterprises.

Bank equity

Private

1993

7,003

7,003

7,003

Romania

Direct
investment

Capital

Establishment of advisory and investment


institution.

Insurance and
financial
services

Private

1993

4,504

1,704

1,704

All investments 1991- 2009

Manufacturing
and services

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Romania

Direct
investment

Eurovision

Design, supply and installation of earth station


linked to the Eurovision Network via satellite.

Telecoms,
State
informatics and
media

1992

694

694

694

Romania

Direct
investment

Bucharest-Pitesti motorway

Upgrade of 96 km of motorway.

Transport

State

1996

71,711

36,826

36,826

Romania

Direct
investment

Rompak

Construction of modern yeast manufacturing


facility and production of high-quality baker's
yeast.

Agribusiness

Private

1996

21,153

5,201

5,201

Romania

Direct
investment

Bank Coop

Financing for small and medium-sized


enterprises.

Bank lending

Private

1994

3,722

3,722

3,722

Romania

Direct
investment

Tiriac Bank

Financing for small and medium-sized


enterprises.

Bank lending

Private

1995

13,871

13,871

13,871

Romania

Direct
investment

Leventis Group

Extension of Coca-Cola Bihor and Iasi loan.

Agribusiness

Private

1995

15,604

2,988

2,988

Romania

Direct
investment

Railway rehabilitation

Restructuring of Romanian Railways (SNCFR)


and upgrade of infrastructure.

Transport

State

1996

362,548

47,566

47,566

Romania

Direct
investment

Municipal utilities development programme

Renovation and upgrade of municipal water


supply and waste-water infrastructure.

Municipal and
environmental
infrastructure

State

1997

137,695

52,015

52,015

Romania

Direct
investment

Rom Telecom

Privatisation of Romania's telecommunications


operator.

Telecoms,
Private
informatics and
media

1998

456,107

69,353

69,353

Romania

Direct
investment

Energy conservation and SME credit line

Credit line to assist general and energy


conservation projects.

Bank lending

1996

8,827

6,053

6,053

All investments 1991- 2009

Portfolio
Class

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Romania

Direct
investment

Power sector operational


efficiency improvement

Termoeletrica

Upgrade of five CHP generation plants and


transmission networks and installation of
metering equipment.

Power and
energy

State

1995

120,271

57,151

57,151

Romania

Direct
investment

Romanian Development Bank (BRD)

Financing for small and medium-sized


enterprises.

Bank lending

Private

1994

31,388

31,388

31,388

Romania

Regional
investment

MBA loan project

Financial support for students undertaking MBA


degrees at top-tier business schools.

Bank lending

Private

1995

852

272

204

476

Romania

Direct
investment

Banca Agricola

Credit line providing medium to long-term


financing for agribusiness companies.

Bank lending

Private

1995

10,403

10,403

10,403

Romania

Direct
investment

Danube Fund

Financing for small and medium-sized


enterprises.

Equity funds

Private

1996

13,624

3,429

3,429

Romania

Direct
investment

Prompt

Modernisation of textile manufacturers existing Manufacturing


plants, as well as acquisition and construction of and services
new plants.

Private

1996

9,908

3,124

3,124

Romania

Direct
investment

United Romanian Breweries

Construction of brewery and development of


distribution system.

Agribusiness

Private

1996

42,009

7,333

7,333

Romania

Direct
investment

Regional water and


environment programme

Upgrade of water supply and waste-water


infrastructure in the Jui Valley.

Municipal and
environmental
infrastructure

State

1996

36,032

11,096

11,096

Romania

Direct
investment

NAR restructuring and road


rehabilitation project

Restructuring of National Administration of Roads Transport


(NAR) and upgrade of 224 km of roads.

State

1996

429,064

59,574

59,574

Romania

Direct
investment

Thermal energy conservation


project

Restructuring and modernisation of district


heating network and introduction of affordable,
cost-reflective pricing.

State

1997

70,493

30,863

30,863

All investments 1991- 2009

Municipal and
environmental
infrastructure

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Romania

Direct
investment

Arctic

Privatisation and modernisation of leading


Romanian white goods manufacturer.

Manufacturing
and services

Private

1997

36,092

9,566

3,826

13,392

Romania

Direct
investment

Alpha Bank Romania

Equity investment in Alpha Bank Romania.

Bank equity

Private

1997

12,801

1,843

1,843

Romania

Direct
investment

Mobifon Romania GSM

Deployment and operation of national GSM


network.

Telecoms,
Private
informatics and
media

1997

276,318

71,727

71,727

Romania

Direct
investment

Sical

Modernisation of pulp and paper production


facilities and improvement of environmental
conditions.

Manufacturing
and services

Private

1999

48,375

6,000

6,000

Romania

Direct
investment

Virolite

Financing for ion-exchange resin manufacturing


plant.

Manufacturing
and services

Private

1997

1,387

1,387

1,387

Romania

Direct
investment

EPH grain handling project

Construction of grain storage and handling


facilities at the Port of Constanta.

Agribusiness

Private

1998

18,078

6,686

6,686

Romania

Regional
investment

Baring Communications

Private equity fund targeting the media and


communications sector.

Telecoms,
Private
informatics and
media

1997

5,521

1,239

1,239

Romania

Direct
investment

SNP Petrom

Restructuring and pre-privatisation of oil and gas Natural


company.
Resources

Private

2002

77,814

50,628

50,628

Romania

Direct
investment

Bank Post

Financing for small and medium-sized


enterprises.

Bank equity

Private

1998

24,180

17,244

17,244

Romania

Regional
investment

Black Sea Fund

Equity investment in medium-sized local


enterprises and facilitation of foreign direct
investment in the region.

Equity funds

Private

1998

17,062

6,867

6,867

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Romania

Direct
investment

Italian-Romanian industrial
development enterprise

Development, construction, letting and


Property and
management of international-standard warehouse tourism
projects.

Private

1998

69,724

21,790

3,632

25,422

Romania

Direct
investment

Parmalat multi-project facility

Financing for Parmalat's dairy and food industry Agribusiness


projects in the region.

Private

1998

12,092

2,092

2,092

Romania

Regional
investment

Advent Central and Eastern


Europe Fund II

Private equity fund supporting small and medium- Equity funds


sized enterprises in central and eastern Europe.

Private

1997

8,893

3,488

3,488

Romania

Direct
investment

Romania National Power Grid Company

Establishment of national transmission company Power and


and upgrade of existing lines and
energy
communications.

State

2000

142,353

35,697

35,697

Romania

Direct
investment

Lafarge multi-project facility

Romcim

Acquisition and upgrade of cement manufacturing Manufacturing


and related building material plants.
and services

Private

1998

186,921

69,903

69,903

Romania

Direct
investment

IMGB and FECNE

Privatisation and modernisation of two heavy


engineering plants.

Manufacturing
and services

Private

1998

30,816

5,242

5,242

Romania

Direct
investment

Tiriac Bank

Equity investment and financing for small and


medium-sized enterprises.

Bank equity

Private

1998

2,793

2,793

2,793

Romania

Regional
investment

Innova/98

Private equity fund supporting small and medium- Equity funds


sized enterprises.

Private

1998

8,571

1,988

1,988

Romania

Regional
investment

AIG New Europe Fund

Private equity fund investing in central and


eastern Europe.

Equity funds

Private

1999

35,059

6,910

6,910

Romania

Regional
investment

Central and Eastern Europe


Power Fund

Investment in private sector projects in power


generation, transmission and district heating.

Power and
energy

Private

1999

1,429

436

436

All investments 1991- 2009

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Romania

Direct
investment

Mobifon Romania GSM

Deployment and operation of national GSM


network.

Telecoms,
Private
informatics and
media

1999

104,237

5,305

5,305

Romania

Direct
investment

Danone multi-project facility

Danone SRL

Financing for yoghurt manufacturer.

Agribusiness

Private

1998

23,928

7,235

7,235

Romania

Regional
investment

Energy Efficiency and


Emissions Reduction Fund

Equity financing for energy efficiency and


emission-reducing projects.

Power and
energy

Private

1999

10,650

3,000

3,000

Romania

Direct
investment

Romanian Development Bank -

Purchase of 5 per cent share in bank.

Bank equity

Private

1999

159,175

20,469

20,469

Romania

Direct
investment

Banca Transilvania

Institutional development of commercial bank.

Bank equity

Private

2001

6,842

6,842

6,842

Romania

Regional
investment

MBA loan project

Financial support for students undertaking MBA


degrees at top-tier business schools.

Bank lending

Private

1998

184

38

38

77

Romania

Direct
investment

Fibrex

Privatisation and restructuring of nylon producer. Manufacturing


and services

Private

2000

55,000

10,000

10,000

Romania

Direct
investment

Dalkia ESCO Romania

Establishment, acquisition or expansion and


Municipal and
operation of energy service companies (ESCOs). environmental
infrastructure

Private

1999

17,558

1,880

1,880

Romania

Direct
investment

EU/EBRD SME Finance


Facility

Banca Transilvania

Financing for small and medium-sized


enterprises.

Bank lending

Private

1999

4,663

4,663

4,663

Romania

Regional
investment

Private Equity Fund Facility

Trigranit

Equity investment in leading commercial property Property and


developer and operator.
tourism

Private

1999

6,534

1,361

1,361

All investments 1991- 2009

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Romania

Direct
investment

Victoria Centre offices

Development, construction and management of


office building.

Property and
tourism

Private

2000

18,899

4,451

4,451

Romania

Direct
investment

US/EBRD SME Finance


Facility

ProCredit Romania

Financing for micro and small enterprises.

Small business Private


finance

2002

29,246

2,280

2,280

Romania

Direct
investment

CFR city stations enhancement project

Refurbishment of five city railway stations,


improving passenger amenities and increasing
commercial space.

Transport

State

2003

27,850

24,000

24,000

Romania

Direct
investment

Road sector restructuring and Pitesti by-pass

Further restructuring of road sector and


construction of Pitesti by-pass, part of Pan
European Corridor IV.

Transport

State

2001

114,120

60,000

60,000

Romania

Regional
investment

EU/EBRD SME Finance


Facility

Euroventures Danube

Private equity fund supporting small and medium- Equity funds


sized enterprises.

Private

2001

142

15

15

Romania

Regional
investment

TBIH Financial Services

Expansion of insurance and pension operations inInsurance and


central and eastern Europe.
financial
services

Private

2000

4,271

857

1,714

2,571

Romania

Regional
investment

Innova/3

Private equity fund supporting small and medium- Equity funds


sized enterprises.

Private

2001

37,665

4,465

4,465

Romania

Direct
investment

EU/EBRD SME Finance


Facility

Banca Comerciala Romana Financing for small and medium-sized


enterprises.

Private

2001

20,000

20,000

20,000

Romania

Direct
investment

Municipal and Environmental


Loan Facility

Constanta

Upgrade and extension of waste-water treatment Municipal and


plants.
environmental
infrastructure

State

2000

102,600

20,000

20,000

Romania

Direct
investment

Sidex

Privatisation and restructuring of Romanian steel Manufacturing


plant.
and services

Private

2001

110,965

69,353

69,353

All investments 1991- 2009

Bank lending

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Romania

Direct
investment

Municipal and Environmental


Loan Facility

Iasi

Upgrade and extension of waste-water treatment Municipal and


plants.
environmental
infrastructure

State

2001

55,000

13,200

13,200

Romania

Direct
investment

Interamerican Romania

Expansion of insurance, health care, pension


management, asset management and banking
operations.

Insurance and
financial
services

Private

2002

2,358

2,358

2,358

Romania

Direct
investment

US/EBRD SME Finance


Facility

Banca Romaneasca

Financing for micro and small enterprises.

Small business Private


finance

2003

3,468

2,774

2,774

Romania

Regional
investment

Europolis

Development of regional real estate portfolio of


15 to 20 property assets.

Property and
tourism

Private

2001

77,662

10,500

15,750

26,250

Romania

Direct
investment

Municipal and Environmental


Loan Facility

Arad

Upgrade and extension of waste-water treatment Municipal and


plants.
environmental
infrastructure

State

2001

20,150

4,500

4,500

Romania

Direct
investment

Power sector operational


efficiency improvement

Termoeletrica

Upgrade of five CHP generation plants and


transmission networks and installation of
metering equipment.

State

1995

30,732

30,732

30,732

Romania

Direct
investment

Municipal and Environmental


Loan Facility

Brasov

Upgrade and extension of waste-water treatment Municipal and


plants.
environmental
infrastructure

State

2002

58,700

14,500

14,500

Romania

Direct
investment

Apa Nova water treatment


plant

Completion of water treatment plant in Bucharest. Municipal and


environmental
infrastructure

Private

2002

165,099

65,357

65,357

Romania

Direct
investment

Michelin Romania

Modernisation, production upgrade, technology


transfer and increase of output at tyre
manufacturer.

Manufacturing
and services

Private

2001

65,772

20,693

20,693

Romania

Direct
investment

Power sector operational


efficiency improvement

Transeletrica

Upgrade of five CHP generation plants and


transmission networks and installation of
metering equipment.

Power and
energy

State

1995

67,480

26,790

26,790

All investments 1991- 2009

Sector

Power and
energy

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Romania

Direct
investment

EU/EBRD SME Finance


Facility

Alpha Bank Romania

Financing for small and medium-sized


enterprises.

Bank lending

Private

2001

10,000

10,000

10,000

Romania

Regional
investment

Efes EBI

Financing for Efes breweries.

Agribusiness

Private

2002

2,568

819

819

Romania

Direct
investment

EU/EBRD SME Finance


Facility

Banca Transilvania

Financing for small and medium-sized


enterprises.

Bank lending

Private

2002

4,297

4,297

4,297

Romania

Regional
investment

Black Sea Fund

Equity investment in medium-sized local


enterprises and facilitation of foreign direct
investment in the region.

Equity funds

Private

2002

8,274

2,518

2,518

Romania

Direct
investment

Bucharest multi-sector project -

Improvement of transport and district heating


services and renovation of infrastructure in
Bucharest's historic zone.

Municipal and
environmental
infrastructure

State

2003

27,500

16,250

16,250

Romania

Direct
investment

Domenia Credit

Establishment of mortgage company.

Insurance and
financial
services

Private

2003

21,393

4,493

6,739

11,232

Romania

Regional
investment

Billa

Expansion of supermarket chain.

Agribusiness

Private

2003

62,895

7,875

7,875

Romania

Direct
investment

EU/EBRD SME Finance


Facility

Volksbank Romania

Financing for small and medium-sized


enterprises.

Bank lending

Private

2002

10,000

10,000

10,000

Romania

Direct
investment

EU/EBRD SME Finance


Facility

Bank Post Romania

Financing for small and medium-sized


enterprises.

Bank lending

Private

2002

10,000

3,857

3,857

Romania

Direct
investment

EU/EBRD SME Finance


Facility

RZB Leasing Romania

Financing for small and medium-sized


enterprises.

Insurance and
financial
services

Private

2003

5,000

1,700

1,700

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Romania

Direct
investment

Municipal and Environmental


Loan Facility

Oradea

Upgrade of waste-water treatment plants in


Oradea.

Municipal and
environmental
infrastructure

State

2004

19,365

2,665

2,665

Romania

Direct
investment

EU/EBRD SME Finance


Facility

Raiffeisen Bank Romania

Financing for small and medium-sized


enterprises.

Bank lending

Private

2002

15,000

6,917

6,917

Romania

Direct
investment

EU/EBRD SME Finance


Facility

Alpha Leasing

Credit lines to Alpha Leasing for on-lending to


small and medium-sized businesses.

Insurance and
financial
services

Private

2004

5,000

5,000

5,000

Romania

Regional
investment

Heitman Central Europe


Property Partners Fund

Investment in property projects, primarily office


buildings, warehousing/distribution and retail
shopping centres.

Property and
tourism

Private

2002

6,469

2,100

2,100

Romania

Direct
investment

Mobifon Romania GSM

Deployment and operation of national GSM


network.

Telecoms,
Private
informatics and
media

2002

209,619

57,043

57,043

Romania

Direct
investment

Romanian Industrial Energy


Efficiency Fund

Investments in on-site cogeneration systems to


reduce energy consumption.

Manufacturing
and services

Private

2003

7,128

3,128

3,128

Romania

Direct
investment

LNM Holdings

Privatisation and restructuring of Romanian steel Manufacturing


plant.
and services

Private

2002

69,353

29,128

29,128

Romania

Direct
investment

Regional operating company Apa Soames

Laying the foundations for a regional water


operator to promote sustainability.

Municipal and
environmental
infrastructure

State

2005

39,000

7,200

7,200

Romania

Direct
investment

Banca Comerciala Romana

Credit line providing long-term mortgage loans.

Bank lending

Private

2003

38,953

38,953

38,953

Romania

Regional
investment

Orco Aparthotels

Expansion of extended-stay hotel chain.

Property and
tourism

Private

2003

17,725

1,263

632

1,895

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Romania

Direct
investment

Banca Comerciala Romana

Pre-privatisation equity investment, supporting


financial sector reform.

Bank equity

Private

2003

174,766

97,785

97,785

Romania

Direct
investment

Municipal and Environmental


Loan Facility

Targu Mures

Upgrade and extension of waste-water treatment Municipal and


plants.
environmental
infrastructure

State

2003

27,900

7,000

7,000

Romania

Direct
investment

EU/EBRD SME Finance


Facility

Banca Comerciala Romana Financing for small and medium-sized


enterprises.

Bank lending

Private

2002

20,000

20,000

20,000

Romania

Regional
investment

Carmeuse Eastern Europe

Expansion of lime producers operations in


Romania.

Manufacturing
and services

Private

2004

67,320

7,864

7,864

Romania

Direct
investment

EU/EBRD SME Finance


Facility

BRD Sogelease

Financing for small and medium-sized


enterprises.

Insurance and
financial
services

Private

2003

10,000

10,000

10,000

Romania

Regional
investment

EU/EBRD SME Finance


Facility

Global Growth Fund

Financing for small and medium-sized


enterprises.

Equity funds

Private

2003

10,375

3,250

3,250

Romania

Direct
investment

Wienerberger

Construction of brick factory.

Manufacturing
and services

Private

2003

18,000

2,000

2,000

Romania

Direct
investment

Municipal and Environmental


Loan Facility

Sibiu

Upgrade of waste-water treatment plants in Sibiu. Municipal and


environmental
infrastructure

State

2004

37,588

5,000

5,000

Romania

Direct
investment

Banc Post mortgage loan

Credit line providing long-term mortgage loans.

Bank lending

Private

2003

17,158

17,158

17,158

Romania

Direct
investment

US/EBRD SME Finance


Facility

ProCredit Romania

Financing for micro and small enterprises.

Small business Private


finance

2003

3,247

670

670

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Romania

Direct
investment

Banca Transilvania

Credit line to assist small and medium-sized


enterprises.

Bank lending

Private

2003

4,544

4,544

4,544

Romania

Direct
investment

Terapia SA

Equity investment in Romanian pharmaceutical


company.

Manufacturing
and services

Private

2003

33,199

4,418

4,418

Romania

Regional
investment

Raiffeisen International

Equity investment supporting growth of Raiffeisen Bank equity


International's business in Bosnia and
Herzegovina.

Private

2004

30,000

15,000

15,000

Romania

Regional
investment

Private Equity Fund Facility

Trigranit

Equity investment in leading commercial property Property and


developer and operator.
tourism

Private

2004

4,520

80

80

Romania

Direct
investment

Astral Telecom

Expansion and modernisation of cable television Telecoms,


Private
network.
informatics and
media

2003

29,291

4,855

4,855

Romania

Direct
investment

Transelectrica

Construction of overhead transmission line


between Romania and Hungary.

Power and
energy

State

2004

24,823

11,550

11,550

Romania

Direct
investment

Constanta by-pass project

Building and maintenance of the Constanta bypass.

Transport

State

2005

204,190

136,940

136,940

Romania

Direct
investment

Municipal and Environmental


Loan Facility

Timisoara

Upgrade and extension of waste-water treatment Municipal and


plants.
environmental
infrastructure

State

2003

6,366

3,603

3,603

Romania

Direct
investment

Municipal and Environmental


Loan Facility

Bacau

Upgrade of waste-water treatment plants in


Bacau.

Municipal and
environmental
infrastructure

State

2004

52,500

7,000

7,000

Romania

Direct
investment

HVB Bank Romania

Credit line providing long-term mortgage loans.

Bank lending

Private

2004

10,000

10,000

10,000

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Romania

Regional
investment

TUI advance payments

Upgrade and expansion of hotels in Romania.

Property and
tourism

Private

2003

810

810

810

Romania

Direct
investment

Banca Romaneasca

Equity investment to maintain 10 per cent stake. Bank equity

Private

2005

22,237

22,237

22,237

Romania

Direct
investment

Bucharest multi-sector project (Radet)

Improvement of transport and district heating


services and renovation of infrastructure in
Bucharest's historic zone.

Municipal and
environmental
infrastructure

State

2003

33,915

17,750

17,750

Romania

Direct
investment

Constanta Port

Construction of new barge terminal.

Transport

State

2004

23,900

16,000

16,000

Romania

Direct
investment

EU/EBRD SME Finance


Facility

Alpha Bank Romania

Financing for small and medium-sized


enterprises.

Bank lending

Private

2003

10,000

10,000

10,000

Romania

Regional
investment

Polish Enterprise Fund V

Private equity fund investing in enterprises in


Romania.

Equity funds

Private

2004

4,650

4,650

4,650

Romania

Regional
investment

Advent Central and Eastern


Europe Successor Fund

Private equity fund investing in Romania.

Equity funds

Private

2004

49,571

7,500

7,500

Romania

Direct
investment

EU/EBRD SME Finance


Facility

BT Leasing

Financing for small and medium-sized


enterprises.

Insurance and
financial
services

Private

2003

5,000

5,000

5,000

Romania

Direct
investment

Banca Transilvania mortgage


loan

Credit line providing long-term mortgage loans.

Bank lending

Private

2003

10,000

10,000

10,000

Romania

Direct
investment

Tiriac Bank

Equity investment and financing for small and


medium-sized enterprises.

Bank equity

Private

2003

12,159

1,829

1,829

3,659

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Romania

Direct
investment

Cora

Expansion of hypermarket operations.

Agribusiness

Private

2004

50,000

31,768

31,768

Romania

Direct
investment

US/EBRD SME Finance


Facility

ProCredit Romania

Financing for micro and small enterprises.

Small business Private


finance

2003

7,440

4,900

4,900

Romania

Direct
investment

Towers

Construction, letting and management of retail


and office space.

Property and
tourism

Private

2004

33,900

11,865

11,865

Romania

Direct
investment

Wienerberger

Expansion of brick producer.

Manufacturing
and services

Private

2004

7,600

4,600

4,600

Romania

Direct
investment

Bucharest waste-water
treatment plant

Funding for construction of a waste-water


treatment plant for Bucharest.

Municipal and
environmental
infrastructure

State

2006

108,300

10,000

10,000

Romania

Direct
investment

Distrigaz Sud

Support for the privatisation of gas distribution


company.

Power and
energy

Private

2005

304,322

31,041

31,041

Romania

Regional
investment

Southeast Europe Equity Fund II

Equity fund investing in private funds in southeastern Europe.

Equity funds

Private

2005

7,247

7,247

7,247

Romania

Direct
investment

SNP Petrom

Equity investment in oil and gas company.

Natural
Resources

Private

2004

55,420

55,420

55,420

Romania

Direct
investment

Kronospan

Sebes

Acquisition of medium density fibreboard (MDF)


and resin plant.

Manufacturing
and services

Private

2004

185,000

36,296

36,296

Romania

Direct
investment

Stirom

Refurbishment of Stirom glassworks

Agribusiness

Private

2005

17,200

10,000

10,000

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Romania

Direct
investment

EBRD/EIF SME Guarantee


Facility

Raiffeisen Bank Romania

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

Bank lending

Private

2004

6,000

1,750

1,750

Romania

Regional
investment

Europolis II

Development of commercial property projects.

Property and
tourism

Private

2004

34,325

3,247

4,330

7,577

Romania

Direct
investment

EU/EBRD SME Finance


Facility

BCR Leasing

Credit lines to BCR Leasing for on-lending to


small and medium-sized businesses.

Insurance and
financial
services

Private

2004

10,000

10,000

10,000

Romania

Direct
investment

Iasi district heating project

Upgrading of municipal district heating


distribution.

Municipal and
environmental
infrastructure

State

2005

30,856

12,646

12,646

Romania

Direct
investment

Banca Transilvania

Subscription of newly issued shares in Banca


Transilvania.

Bank equity

Private

2004

1,255

1,255

1,255

Romania

Direct
investment

Soufflet Malt Romania

Improvement barley production and collection


techniques.

Agribusiness

Private

2004

11,500

3,500

3,500

Romania

Direct
investment

Kronospan

Sepal

Acquisition of particleboard plant.

Manufacturing
and services

Private

2004

65,000

33,704

33,704

Romania

Direct
investment

Banca Post

Credit line providing long-term mortgage loans.

Bank lending

Private

2004

20,000

20,000

20,000

Romania

Direct
investment

Banca Transilvania syndicated loan

Expansion of lending operations to small and


medium-sized corporate and retail businesses.

Bank lending

Private

2004

22,500

7,500

7,500

Romania

Direct
investment

Eurex Alimentare

Expansion of biscuit manufacturer.

Agribusiness

Private

2004

13,454

4,508

4,508

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Romania

Direct
investment

Arad Urban transport


programme

Investment in public transport infrastructure and


overall performance.

Municipal and
environmental
infrastructure

State

2005

31,800

15,000

15,000

Romania

Direct
investment

Sibiu urban transport preaccession project

Investment to improve key infrastructure including Municipal and


street refurbishment and public lighting.
environmental
infrastructure

State

2005

17,790

14,990

14,990

Romania

Direct
investment

EU/EBRD Municipal Finance


Facility

Banca Comerciala Romana Credit line for on-lending to small and mediumsized municipalities and their utility companies.

Bank lending

Private

2004

22,000

20,000

20,000

Romania

Direct
investment

ProCredit Bank Romania

Financing for micro and small enterprises.

Small business Private


finance

2005

12,390

3,080

3,080

Romania

Direct
investment

EU/EBRD SME Finance


Facility

CEC Romania

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

Bank lending

Private

2005

10,000

10,000

10,000

Romania

Direct
investment

Tenaris Steel Plant

Upgrading technology and increasing production Manufacturing


of stainless steel products.
and services

Private

2006

10,000

10,000

10,000

Romania

Regional
investment

Global Property Fund

Equity investment in property.

Property and
tourism

Private

2005

75,000

17,250

17,250

Romania

Direct
investment

Transgaz Carbon Credit

Finance for an energy efficiency and


environmental management project.

Natural
Resources

Private

2007

788

788

788

Romania

Direct
investment

Egger

Construction of a chipboard plant.

Manufacturing
and services

Private

2005

126,999

60,999

60,999

Romania

Regional
investment

TIW Czech N.V

Private
Equity investment in wireless telecommunications Telecoms,
service provider.
informatics and
media

2005

17,954

17,954

17,954

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Romania

Direct
investment

EU/EBRD SME Finance


Facility

OTP Romania (RoBank)

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

Bank lending

Private

2006

10,000

10,000

10,000

Romania

Direct
investment

Bacau Solid Waste


Management

Programme to create a new landfill site and


improve waste collection facilities.

Municipal and
environmental
infrastructure

State

2006

20,000

5,000

5,000

Romania

Direct
investment

Tnuva Romania Dairies

Development of a dairy complying with EU


standards, milk farm and livestock feeding
centre.

Agribusiness

Private

2005

50,000

9,632

9,632

Romania

Regional
investment

Argus Capital Partners II

Private equity fund supporting medium-sized


enterprises. Successor to the Argus Capital
Partners fund.

Equity funds

Private

2005

3,000

3,000

3,000

Romania

Direct
investment

CFR rail traction project

Priority investment in CFR traction energy


company.

Transport

State

2005

26,700

22,500

22,500

Romania

Direct
investment

Banca Transilvania

Investment to provide additional capital to


maintain growth.

Bank equity

Private

2005

2,217

2,217

2,217

Romania

Regional
investment

Emerging Europe
Convergence Fund II

Direct equity fund investing in central and eastern Equity funds


Europe.

Private

2005

6,000

6,000

6,000

Romania

Direct
investment

Timisoara District Heating

Increasing efficiency to improve quality and


supply of heating.

Municipal and
environmental
infrastructure

State

2006

20,500

10,000

10,000

Romania

Direct
investment

Brasov urban transport project company loan

Purchase of 130 new buses and a street


upgrading programme.

Municipal and
environmental
infrastructure

State

2005

18,000

10,000

10,000

Romania

Regional
investment

7L Capital Partners

Regional private equity fund investing primarily in Equity funds


south-eastern Europe.

Private

2006

22,050

9,000

9,000

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Romania

Direct
investment

EU/EBRD SME Finance


Facility

Alpha Bank

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

Bank lending

Private

2005

6,558

4,558

4,558

Romania

Regional
investment

Capital Media

Long-term financing enabling extension of


operations for TV broadcaster operating in
central and eastern Europe.

Telecoms,
Private
informatics and
media

2006

12,000

6,000

6,000

Romania

Direct
investment

Banca Comerciala Romana

Credit line providing long-term mortgage loans.

Bank lending

Private

2005

8,000

8,000

8,000

Romania

Regional
investment

European Fund for Southeast Europe

Privately managed public/private investment fund Small business Private


which will provide financing for micro, small and finance
medium-sized businesses as well as housing and
rural finance in south-eastern Europe.

2006

2,000

2,000

2,000

Romania

Direct
investment

Arges Country Regional Solid Waste

Programme to create a new landfill site and


improve waste collection facilities.

Municipal and
environmental
infrastructure

State

2006

24,125

6,125

6,125

Romania

Direct
investment

Brasov urban transport project city loan

Upgrading of streets located along major public


transport routes in the city.

Municipal and
environmental
infrastructure

State

2005

17,977

9,984

9,984

Romania

Direct
investment

EU/EBRD SME Finance


Facility

BCR Leasing

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

Insurance and
financial
services

Private

2005

5,000

5,000

5,000

Romania

Regional
investment

SigmaBleyzer Southeast
European Fund IV CV

Private equity fund.

Equity funds

Private

2005

7,500

7,500

7,500

Romania

Regional
investment

SG AM Eastern Europe

Investment in consumer services and


manufacturing companies.

Equity funds

Private

2005

1,080

600

600

Romania

Direct
investment

Brasov County Road

Funding for the upgrade of county roads.

Municipal and
environmental
infrastructure

State

2006

14,464

10,129

10,129

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

Romania

Direct
investment

EU/EBRD SME Finance


Facility

Volksbank Leasing
Romania

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

Insurance and
financial
services

Private

2006

10,000

10,000

10,000

Romania

Direct
investment

Tnuva Romania Milk

Construction of a fresh dairy production plant.

Agribusiness

Private

2005

5,000

963

963

Romania

Direct
investment

Kaufland Romania

Financing for Kaufland's expansion programme in Agribusiness


Romania.

Private

2007

306,000

100,000

100,000

Romania

Regional
investment

Bluehouse equity fund

Private

2006

106,772

17,500

17,500

Romania

Direct
investment

Banca Romana Pentru


Dezvoltare

Property and
Equity investment in Bluehouse Accession
tourism
Property, a fund acquiring, developing,
renovating, owning and managing property in
Bulgaria, Croatia, Moldova, Romania, Serbia and
Ukraine.
Loan to finance banks continued expansion and Bank lending
introduction of new services.

Private

2006

200,000

70,000

70,000

Romania

Regional
investment

Global Finance SEE Fund

Romania

Direct
investment

Romania

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

Regional private equity fund investing in southeastern Europe.

Equity funds

Private

2007

19,252

19,212

19,212

Sibiu public transport (city loan) -

Finance to Sibiu city for a road upgrading


programme.

Municipal and
environmental
infrastructure

State

2006

11,906

4,453

4,453

Regional
investment

GED Eastern Fund II

Private equity fund investing in small and medium Equity funds


sized businesses primarily in Bulgaria, Hungary
and Romania.

Private

2006

35,000

10,000

10,000

Romania

Regional
investment

BSR Europe Co-Investment


Facility

Equity investment in a company developing


Property and
office, retail, residential and industrial real estate tourism
in Romania.

Private

2006

14,000

4,900

4,900

Romania

Regional
investment

Alpha CEE II

Diversified regional private equity fund dedicated Equity funds


to central and eastern Europe.

Private

2006

10,000

10,000

10,000

All investments 1991- 2009

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Romania

Regional
investment

Royalton Partners II

Equity financing for local service providers.

Equity funds

Private

2007

7,500

7,500

7,500

Romania

Direct
investment

Iasi Public Transport

Finance for the renovation of tram and other


public transport infrastructure in Iasi.

Municipal and
environmental
infrastructure

State

2007

20,000

10,000

10,000

Romania

Direct
investment

ProCredit Bank Romania

Capital increase for bank providing access to


finance for the smallest enterprises.

Small business Private


finance

2006

2,808

2,808

2,808

Romania

Regional
investment

Balkan Accession Fund

Finance provided to a private equity fund


investing in medium-sized businesses.

Equity funds

Private

2006

31,470

6,720

6,720

Romania

Regional
investment

Europolis III

Private

2006

49,500

4,200

6,300

10,500

Romania

Direct
investment

Sibiu public transport


(company loan)

Property and
Equity investment allowing the creation of a
regional portfolio of property assets in Bosnia and tourism
Herzegovina, Bulgaria, FYR Macedonia,
Montenegro, Romania, Russia, Serbia and
Ukraine.
Finance to municipal public transport company to Municipal and
purchase new buses.
environmental
infrastructure

State

2006

8,100

7,000

7,000

Romania

Direct
investment

Banca Transilvania

Equity investment to finance continued growth as Bank equity


well as maintain 15 per cent stake.

Private

2006

5,175

5,175

5,175

Romania

Direct
investment

Banca Comerciala Romana

Credit line providing long-term mortgage loans.

Bank lending

Private

2003

41,984

18,630

18,630

Romania

Direct
investment

E.ON Gaz Romania Holding

Equity participation in a gas and electricity


distribution companies.

Power and
energy

Private

2007

41,003

41,003

41,003

Romania

Direct
investment

Romania Micro Credit


Framework

Support micro and small enterprises loans.

Small business Private


finance

2008

7,000

3,500

3,500

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Romania

Direct
investment

Romania Micro Credit


Framework

Opportunity Microcredit
Romania

Increasing funding opportunities for micro and


small businesses, focusing on rural regions.

Small business Private


finance

2006

2,324

1,660

1,660

Romania

Direct
investment

EU/EBRD SME Finance


Facility

BT Leasing II

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

Insurance and
financial
services

Private

2006

10,000

10,000

10,000

Romania

Regional
investment

AIG New Europe Fund II

Equity funds
Regional private equity fund investing in equity
and equity securities of companies in central and
south-eastern Europe, subsidiary of AIG Global
Investment Group.

Private

2006

5,000

5,000

5,000

Romania

Regional
investment

Syntaxis Mezzanine Fund

Fund with a portfolio of Central European


investments, in various sectors.

Equity funds

Private

2007

2,600

2,500

2,500

Romania

Direct
investment

Romania Micro Credit


Framework

Banca Transilvania

Funds for on-lending to micro and small


businesses.

Small business Private


finance

2007

15,000

4,000

4,000

Romania

Direct
investment

Romania Micro Credit


Framework

Express Finance

Loan for on-lending to small and medium-sized


enterprises.

Small business Private


finance

2007

2,250

1,150

1,150

Romania

Direct
investment

Posta Romana

Finance for modernisation of postal facilities


including a new automated sorting centre.

Telecoms,
State
informatics and
media

2007

10,124

74

74

Romania

Direct
investment

Banca Transilvania

Loan to finance continued expansion and


introduction of new services.

Bank lending

Private

2006

72,000

12,000

12,000

Romania

Direct
investment

Global Trade Centre (Regional Retail Centres)

Loan for the acquisition, development and


management of commercial centres.

Property and
tourism

Private

2007

114,600

34,995

34,995

Romania

Regional
investment

Accession Mezzanine Capital II -

Private equity fund investing in central and south- Equity funds


eastern European as well as Russia and Ukraine.

Private

2007

40,000

8,000

8,000

All investments 1991- 2009

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Romania

Regional
investment

New Europe Venture Equity


Fund (NEVEQ)

Private equity fund investing in small and medium Equity funds


sized technology enterprises primarily located in
Bulgaria, FYR Macedonia and Romania.

Private

2007

1,000

1,000

1,000

Romania

Regional
investment

Pharma Investment

Investment to help develop a regional


pharmaceuticals retail network.

Manufacturing
and services

Private

2008

7,500

7,500

7,500

Romania

Direct
investment

RZB Leasing

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

Insurance and
financial
services

Private

2007

15,000

15,000

15,000

Romania

Direct
investment

EU/EBRD Rural Finance


Facility

Casa de Economii si
Consemnatiuni

Funds for on-lending to rural small businesses.

Bank lending

Private

2007

10,000

10,000

10,000

Romania

Direct
investment

Turceni Rehabilitation

The first non-sovereign long-term loan to a


Power and
thermal power plant in Romania will demonstrate energy
progress in market liberalisation.

State

2009

227,700

80,000

80,000

Romania

Direct
investment

Oradea water and waste water extension

Renovation of water and waste-water facilities.

Municipal and
environmental
infrastructure

State

2007

48,800

4,000

4,000

Romania

Regional
investment

Arka Property Fund II

Second investment into a real estate fund.

Property and
tourism

Private

2008

2,287

2,287

2,287

Romania

Direct
investment

Timisoara Aquatim

Financing for renovation of water and wastewater infratructure

Municipal and
environmental
infrastructure

State

2007

48,160

6,520

6,520

Romania

Direct
investment

EU/EBRD Rural Finance


Facility

Banca Transilvania

Funds for long-term lending to rural customers.

Bank lending

Private

2007

10,000

3,000

3,000

Romania

Direct
investment

Post Privatisation Fund

Equity fund supporting financial and operational


restructuring of medium-sized enterprises.

Equity funds

Private

1996

21,661

21,661

21,661

All investments 1991- 2009

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Romania

Direct
investment

E.ON Energie Romania

Equity participation in a power distribution project. Power and


energy

Private

2007

10,833

10,833

10,833

Romania

Direct
investment

Soufflet Multi-project Facility

Malt Romania

Funds for construction of a malt house.

Agribusiness

Private

2007

57,785

20,000

20,000

Romania

Direct
investment

Banca Transilvania

Fourth capital increase to support continuing


development.

Bank equity

Private

2007

6,422

6,422

6,422

Romania

Regional
investment

Capital Media

Development and restructuring of TV


broadcasting group.

Telecoms,
Private
informatics and
media

2007

6,000

3,000

3,000

Romania

Direct
investment

Banca Transilvania

Ongoing support for bank's growth.

Bank equity

Private

2008

9,388

4,388

4,388

Romania

Direct
investment

Oradea water and waste water -

Renovation of water and waste-water facilities.

Municipal and
environmental
infrastructure

State

2007

22,700

6,000

6,000

Romania

Regional
investment

EnerCap

Private equity fund dedicated to investing in


Power and
renewable energy and energy efficiency projects energy
in central and south-eastern Europe.

Private

2007

5,000

1,250

1,250

Romania

Direct
investment

EU/EBRD SME Finance


Facility

Bank Leumi Romania

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

Bank lending

Private

2007

10,000

10,000

10,000

Romania

Regional
investment

Advent Central and Eastern


Europe IV

Support investment into central and southeastern European and Ukrainian companies.

Equity funds

Private

2008

10,000

10,000

10,000

Romania

Direct
investment

EU Energy Efficiency
Framework

Banca Comerciala Romana Loans to participating banks for on-lending to


Bank lending
private industrial enterprises for energy efficiency
projects.

Private

2008

20,000

20,000

20,000

All investments 1991- 2009

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Romania

Direct
investment

EU Energy Efficiency
Framework

CEC Bank

Credit facility to finance energy efficiency projects Bank lending


by private industrial companies in Romania.

Private

2008

10,000

10,000

10,000

Romania

Direct
investment

EU Energy Efficiency
Framework

Banca Transilvania

Loan to provide long-term funding to small and


medium-sized enterprises.

Bank lending

Private

2008

5,000

5,000

5,000

Romania

Regional
investment

ViaOne

Equity investment to support the commercial


launch and development of ViaOne Europa
Holding's software platforms.

Telecoms,
Private
informatics and
media

2008

1,694

1,000

1,000

Romania

Regional
investment

ARX Private Equity Fund

Support for investment to companies operating in Equity funds


central and south-eastern Europe.

Private

2008

6,000

6,000

6,000

Romania

Direct
investment

ProCredit Bank Romania

Support for specialist microfinance bank.

Small business Private


finance

2008

37,000

15,000

15,000

Romania

Regional
investment

CEE Special Situations Fund

CRG Capital

Investment in an equity fund managed by CRG


Partners targeting distressed and underperforming companies.

Equity funds

Private

2009

3,000

3,000

3,000

Romania

Direct
investment

EU/EBRD SME
Competitiveness Support
Facility

Banca Comerciala
Romana

Finance for on-lending to small and mediumsized enterprises.

Bank lending

Private

2008

20,000

20,000

20,000

Romania

Regional
investment

Aqualia Investment Venture

Equity in a new company that invests in water


concessions and acquires other privately held
water groups.

Municipal and
environmental
infrastructure

Private

2009

24,490

12,000

12,000

Romania

Direct
investment

EU/EBRD SME
Competitiveness Support
Facility

BRD Romania

Funds for on-lending to small and medium-sized Bank lending


enterprises in the industrial sector.

Private

2008

20,000

20,000

20,000

Romania

Direct
investment

EU Energy Efficiency
Framework

BRD Romania

Funds for on-lending to small and medium-sized Bank lending


enterprises in the industrial sector, to upgrade
facilities.

Private

2008

10,000

10,000

10,000

All investments 1991- 2009

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Romania

Regional
investment

European Fund for SouthEast Europe II

Support to financial institutions for on-lending to Small business Private


MSMEs, as well as for housing and rural finance. finance

2009

11,550

1,650

1,650

Romania

Direct
investment

Pehart Tec paper mill

Equity investment in paper mill to support energy Manufacturing


efficiency and capacity expansion plan.
and services

Private

2009

5,999

5,999

5,999

Romania

Regional
investment

Asseco South Eastern Europe -

Participation in the initial public offering of an IT


company.

Telecoms,
Private
informatics and
media

2009

2,250

2,250

2,250

Romania

Regional
investment

Syntaxis Mezzanine Fund II

Equity in a regional fund which aims to strengthen Equity funds


corporate governance and build institutions.

Private

2009

45,000

9,000

9,000

Romania

Direct
investment

Banca Transilvania

Loan to support funding of small and mediumsized enterprises.

Bank equity

Private

2008

100,000

100,000

100,000

Romania

Direct
investment

Petrom

Construction of a new 860 MW combined cycle


gas turbine power plant in Brazi.

Power and
energy

Private

2009

400,000

200,000

200,000

Romania

Direct
investment

Petrom

Natural
Enhancement of the environmental and health
and safety performance of exploration, production Resources
and refining facilities.

Private

2009

300,000

150,000

150,000

Romania

Direct
investment

Banca Comerciala Romana

Credit line for on-lending to small and mediumsized enterprises.

Bank lending

Private

2009

100,000

100,000

100,000

Romania

Regional
investment

Resource Eastern European


Equity Partners I

Support for institution building and expansion of


private equity, business improvement and best
ethics and governance.

Equity funds

Private

2009

4,200

1,250

1,250

Romania

Direct
investment

Private Equity Fund CoInvestment Facility

Europolis Sema Park


Mezzanine

Help to complete the purchase of an office


development in central Bucharest.

Property and
tourism

Private

2009

10,000

10,000

10,000

All investments 1991- 2009

Sub project

Description

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Romania

Direct
investment

Romania

Description

Sector

Portfolio
Class

Renault Technologies Romania -

Construction of a test centre at Titu, between


Bucharest and the main production site of
Renaults subsidiary, Dacia, at Pitesti.

Manufacturing
and services

Private

2009

209,000

44,000

44,000

Direct
investment

Kaufland

The EBRD is providing a loan to Kaufland to


finance the expansion of their compact discount
hypermarket format in Romania.

Agribusiness

Private

2009

190,000

40,000

40,000

Romania

Direct
investment

Brasov Urban Transport

Further finance for the upgrading of Brasov's


urban transport system.

Municipal and
environmental
infrastructure

State

2009

8,700

7,300

7,300

Romania

Direct
investment

Arad Urban transport


programme

Further finance for the upgrading of Arad's city


transport system.

Municipal and
environmental
infrastructure

State

2009

15,470

13,000

13,000

Romania

Direct
investment

Lafarge Ciment

A loan to finance the companys operations and


to support its working capital requirements.

Manufacturing
and services

Private

2009

60,033

19,869

19,869

Romania

Regional
investment

Heitman Eastern European


Property Fund

An equity investment into Heitman European


Property Partners IV, an investment vehicle
pursuing long-term capital appreciation through
real estate investments.

Property and
tourism

Private

2009

95,655

15,750

15,750

Romania

Regional
investment

Asseco South Eastern Europe -

Participation in the initial public offering of an IT


company.

Telecoms,
Private
informatics and
media

2009

1,050

1,050

1,050

Romania

Regional
investment

Veolia Voda

Capital increase following a previous equity


investment.

Municipal and
environmental
infrastructure

Private

2009

700

700

700

Russia

Direct
investment

Sakhalin Shipping Company

Modernisation of fleet.

Transport

Private

1996

56,016

15,773

15,773

Russia

Regional
investment

Alliance ScanEast Fund

Private equity fund supporting industrial


companies.

Equity funds

Private

1994

6,936

2,455

2,455

All investments 1991- 2009

Sub project

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Russia

Direct
investment

Russia

Description

Sector

Portfolio
Class

Renaissance Life Investments -

Investment in insurance company.

Insurance and
financial
services

Private

1995

3,266

1,186

1,186

Direct
investment

Procter and Gamble Novomoskovskbytkhim

Upgrade of detergent factorys equipment and


facilities.

Manufacturing
and services

Private

1996

34,959

6,036

6,036

12,073

Russia

Direct
investment

Seribo/CEM

Investment in integrated furniture manufacturing Manufacturing


plant.
and services

Private

1995

144,385

6,325

6,325

Russia

Direct
investment

Nevsky Prospekt 25

Refurbishment and restoration of historic building. Property and


tourism

Private

1994

3,376

3,376

3,376

Russia

Regional
investment

First NIS Regional Fund

Equity fund investing in companies in the New


Independent States (NIS).

Equity funds

Private

1994

19,689

11,782

11,782

Russia

Direct
investment

Moscow GSM

Development and operation of GSM 900 digital


cellular network.

Telecoms,
Private
informatics and
media

1995

32,871

15,441

7,721

23,162

Russia

Direct
investment

Macomnet

Development and operation of


telecommunications transmission system.

Telecoms,
Private
informatics and
media

1993

10,711

1,387

1,387

Russia

Direct
investment

EDN Sovintel

Expansion of high-quality international


telecommunications systems in Moscow.

Telecoms,
Private
informatics and
media

1992

5,657

3,153

3,153

Russia

Direct
investment

Western Siberia oil and gas


rehabilitation

Repair and upgrade of 300 oil wells, improving oil Natural


production and enhancing exports.
Resources

State

1993

61,470

61,470

61,470

Russia

Direct
investment

Russian privatisation
programme

Implementation of mass privatisation programme. Manufacturing


and services

State

1993

110,853

10,638

10,638

All investments 1991- 2009

Sub project

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Russia

Direct
investment

Russian Technology Fund

Equity investment supporting technology-related Equity funds


small and medium-sized enterprises.

Private

1995

6,295

1,302

1,302

Russia

Direct
investment

Russian railways
modernisation

Investments in inter-modal freight container


transport, refurbishment equipment and
production/ testing equipment for signalling.

Transport

State

1996

132,411

76,401

76,401

Russia

Direct
investment

Zapsibinvest

Expansion of timber producers business and


export potential.

Manufacturing
and services

Private

1994

15,288

3,835

3,835

Russia

Direct
investment

Framlington Russia Fund

Private equity fund supporting joint ventures and Equity funds


local companies.

Private

1993

47,587

13,684

13,684

Russia

Direct
investment

Russia Small Business Fund

Russia Small Business


Credit Bank (KMB Bank)

Financing for micro and small enterprises.

Small business Private


finance

1992

2,396

2,396

2,396

Russia

Regional
investment

New Europe East Investment


Fund

Equity fund supporting private companies and


joint ventures.

Equity funds

Private

1993

37,436

9,171

9,171

Russia

Direct
investment

Vasyugan services

Enhancement of crude oil production in the


Tomsk region.

Natural
Resources

Private

1994

44,108

6,242

6,242

Russia

Direct
investment

Samotlor

Servicing of idle or unproductive wells in Russias Natural


largest oilfield.
Resources

Private

1994

52,084

6,935

6,935

Russia

Direct
investment

Chernogorskoye

Construction of oilfield facilities and purchase of


equipment and supplies.

Natural
Resources

Private

1993

128,326

13,654

13,654

Russia

Direct
investment

KomiArctic Oil

Development of the upper Vozey oilfield.

Natural
Resources

Private

1994

326,575

14,698

14,698

29,396

All investments 1991- 2009

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Russia

Direct
investment

Polar Lights Company

Development of Ardalin oilfield, including the


drilling of new wells, construction of production
facility and pipeline.

Natural
Resources

Private

1993

368,976

62,418

62,418

Russia

Direct
investment

Vena St Petersburg

Modernisation and expansion of brewery.

Agribusiness

Private

1995

21,783

7,565

7,565

Russia

Direct
investment

Tokobank

Financing for corporate customers.

Bank equity

Private

1994

27,432

27,432

27,432

Russia

Direct
investment

Kubaka gold project

Development of gold and silver deposit.

Natural
Resources

Private

1995

121,505

21,975

21,975

Russia

Direct
investment

North Western Shipping


Company

Purchase and safety upgrade of ten dry-cargo


river-sea vessels.

Transport

Private

1995

40,901

10,960

10,960

Russia

Direct
investment

Nevsky Prospekt 25

Refurbishment and restoration of historic building. Property and


tourism

Private

1996

20,245

4,439

4,439

Russia

Direct
investment

Russian enterprise support


loan

Financing for private sector companies


undergoing restructuring.

Bank lending

Private

1994

13,525

13,525

13,525

Russia

Direct
investment

Sector Capital Development


Company

Equity investment in financial company.

Equity funds

Private

1995

22,700

7,682

7,682

Russia

Direct
investment

Investment Bank of Kuban

Start-up financing for investment bank in the


Krasnodar region.

Bank equity

Private

1996

482

477

477

Russia

Direct
investment

Financial institutions
development project

Strengthening of Russian commercial banks.

Bank lending

Private

1994

229,642

29,495

29,495

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Russia

Direct
investment

Russia Small Business Fund

Mosbusiness Bank

Financing for micro and small enterprises.

Small business Private


finance

1994

867

347

347

Russia

Direct
investment

Russia Small Business Fund

Association Commercial
Bank

Financing for micro and small enterprises.

Small business Private


finance

1994

867

347

347

Russia

Direct
investment

Russia Small Business Fund

Nizhegorodets Investment Financing for micro and small enterprises.


Commercial Bank

Small business Private


finance

1994

520

173

173

Russia

Direct
investment

Russia Small Business Fund

Nizhegorodets Investment Financing for micro and small enterprises.


Commercial Bank

Small business Private


finance

1994

1,214

520

520

Russia

Direct
investment

Russia Small Business Fund

First Commercial Tula


Bank

Financing for micro and small enterprises.

Small business Private


finance

1994

867

347

347

Russia

Direct
investment

Bash-Kelme

Support for sports shoe manufacturer.

Manufacturing
and services

Private

1995

28,208

7,629

7,629

Russia

Direct
investment

Russia Small Business Fund

Mosbusiness Bank

Financing for micro and small enterprises.

Small business Private


finance

1994

416

139

139

Russia

Direct
investment

Russia Small Business Fund

Sberbank

Financing for micro and small enterprises.

Small business Private


finance

1994

2,635

1,545

1,545

Russia

Direct
investment

Russia Small Business Fund

First Commercial Tula


Bank

Financing for micro and small enterprises.

Small business Private


finance

1994

139

35

35

Russia

Direct
investment

Russia Small Business Fund

Nizhegorodets Investment Financing for micro and small enterprises.


Commercial Bank

Small business Private


finance

1994

139

35

35

All investments 1991- 2009

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Russia

Direct
investment

Small Enterprise Assistance


Fund

Nizhny Novgorod

Equity fund supporting small and medium-sized


enterprises.

Equity funds

Private

1994

5,667

2,860

2,860

Russia

Direct
investment

Russia Small Business Fund

Kuzbassotsbank

Financing for micro and small enterprises.

Small business Private


finance

1994

1,248

677

677

Russia

Direct
investment

St Petersburg water and


environmental services
improvement programme

Improvement of water supply and waste-water


collection services in St Petersburg.

Municipal and
environmental
infrastructure

State

1997

43,253

8,486

8,486

Russia

Direct
investment

Prisco

Acquisition of four new vessels.

Transport

Private

1994

164,013

31,209

31,209

Russia

Direct
investment

FESCO

Acquisition of new container vessels.

Transport

Private

1994

37,763

11,339

11,339

Russia

Direct
investment

Kamaz stabilisation

Restructuring of truck manufacturers operations. Manufacturing


and services

Private

1995

264,928

69,353

69,353

Russia

Direct
investment

Geoilbent

Construction of gas-condensate processing plant. Natural


Resources

Private

1996

166,839

34,676

34,676

Russia

Direct
investment

Novorossiysk Shipping
Company

Partial post-delivery finance of 11 new 40,000 dwt Transport


product tankers.

Private

1995

253,693

41,612

41,612

Russia

Direct
investment

Russia Small Business Fund

Mosbusiness Bank

Financing for micro and small enterprises.

Small business Private


finance

1994

1,040

520

520

Russia

Regional
investment

MBA loan project

Financial support for students undertaking MBA


degrees at top-tier business schools.

Bank lending

1995

7,331

2,337

1,753

4,090

All investments 1991- 2009

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Russia

Direct
investment

Chelyabinsk electrolytic zinc


plant

Renovation and expansion of zinc smelter,


construction of mercury recovery plant.

Manufacturing
and services

Private

2000

27,818

10,403

10,403

Russia

Direct
investment

Buryatzoloto power line

Construction of power line connecting gold mine Natural


to the local power grid.
Resources

Private

1996

47,740

4,470

8,940

13,410

Russia

Direct
investment

Russia Small Business Fund

Kuzbassotsbank

Financing for micro and small enterprises.

Small business Private


finance

1994

5,028

2,691

2,691

Russia

Direct
investment

Russia Small Business Fund

Petrovsky Bank

Financing for micro and small enterprises.

Small business Private


finance

1994

2,427

1,214

1,214

Russia

Direct
investment

National Registry Company

Establishment of independent share registration Insurance and


service for large Russian enterprises.
financial
services

Private

1995

7,085

1,190

1,190

Russia

Direct
investment

Russia Small Business Fund

Orbita Bank

Financing for micro and small enterprises.

Small business Private


finance

1994

139

69

69

Russia

Direct
investment

North-West GSM

Development and operation of GSM 900 digital


cellular network.

Telecoms,
Private
informatics and
media

1996

64,070

19,410

19,410

Russia

Direct
investment

Vneshtorgbank standby facility -

Financing for private sector enterprises.

Bank lending

Private

1996

58,517

58,517

58,517

Russia

Direct
investment

Komi spill investment

Emergency oil spill recovery and pipeline


rehabilitation programme.

Natural
Resources

State

1995

91,687

11,931

11,931

Russia

Direct
investment

Russia Small Business Fund

Mosbusiness Bank

Financing for micro and small enterprises.

Small business Private


finance

1995

347

173

173

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Russia

Direct
investment

Sberbank

Financing for small and medium-sized


enterprises.

Bank lending

Private

1996

34,676

34,676

34,676

Russia

Direct
investment

Cadbury ZAO

Completion of new factory manufacturing


Cadbury confectionery products.

Agribusiness

Private

1996

105,833

31,209

31,209

Russia

Direct
investment

Oskol electrometallurgical
plant

Modernisation of existing rolling mill and


construction of new mill.

Manufacturing
and services

Private

1998

206,203

6,467

6,467

Russia

Direct
investment

International Moscow Bank

Development of medium-term lending activities Bank lending


for corporate customers, small and medium-sized
enterprises and the retail sector.

Private

1995

26,354

26,354

26,354

Russia

Direct
investment

SFAT

Expansion of railway transportation company.

Transport

Private

1996

46,330

20,351

10,176

30,527

Russia

Direct
investment

Perekriostok

Construction of 11 supermarkets and a central


distribution warehouse in Moscow.

Manufacturing
and services

Private

1996

48,650

15,718

15,718

Russia

Direct
investment

Mutnovsky independent power plant

Construction and installation of 40MW


geothermal power plant.

Power and
energy

State

1998

104,168

69,284

69,284

Russia

Direct
investment

InkomBank

Equity investment in Inkombank and financing for Bank equity


small and medium-sized enterprises.

Private

1997

5,979

5,979

5,979

Russia

Direct
investment

GAZ

Purchase and installation of new painting facility Manufacturing


at leading car and truck manufacturer.
and services

Private

1995

26,354

13,871

13,871

Russia

Direct
investment

Athina-Volga JSC

Completion of sunflower oil production line,


slaughterhouse and meat processing facilities.

Private

1997

27,415

1,477

1,477

All investments 1991- 2009

Agribusiness

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Russia

Direct
investment

Russia Small Business Fund

Orbita Bank

Financing for micro and small enterprises.

Small business Private


finance

1995

347

173

173

Russia

Direct
investment

Russia Small Business Fund

Sberbank

Financing for micro and small enterprises.

Small business Private


finance

1995

3,121

1,910

1,910

Russia

Direct
investment

Russia Small Business Fund

Stolichny Bank of Savings

Financing for micro and small enterprises.

Small business Private


finance

1995

3,121

1,560

1,560

Russia

Direct
investment

Eutelsat Satellite Launch

Guarantee to cover risk of non-performance of


obligations for satellite launch.

Manufacturing
and services

State

1996

33,252

29,927

29,927

Russia

Direct
investment

Sector Capital Development


Company

Equity investment in financial company.

Equity funds

Private

1995

750

750

750

Russia

Direct
investment

Russia Small Business Fund

ICB St Petersburg

Financing for micro and small enterprises.

Small business Private


finance

1996

1,318

825

825

Russia

Direct
investment

Russia Small Business Fund

Inkombank

Financing for micro and small enterprises.

Small business Private


finance

1996

2,081

1,300

1,300

Russia

Direct
investment

Russia Small Business Fund

Rosest Bank

Financing for micro and small enterprises.

Small business Private


finance

1995

1,387

868

868

Russia

Direct
investment

Stolichny Bank Savings

Financing for private sector enterprises.

Bank lending

Private

1996

20,806

20,806

20,806

Russia

Direct
investment

Small Enterprise Assistance


Fund

St Petersburg

Equity fund supporting small and medium-sized


enterprises.

Equity funds

Private

1996

7,347

2,748

2,748

All investments 1991- 2009

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Russia

Direct
investment

Avtobank

Equity investment and credit facility for medium Bank equity


and long-term on-lending to Russian enterprises.

Private

1996

38,097

25,398

12,699

38,097

Russia

Direct
investment

Industry and Construction Bank -

Financing for private sector investment projects. Bank lending

Private

1996

11,096

11,096

11,096

Russia

Direct
investment

Regional Trade Facilitation


Programme

Stolichny Bank of Savings

Support for foreign trade.

Private

1995

13,871

13,871

13,871

Russia

Direct
investment

Mosenergo

Refinancing of power and district heating utilitys Power and


Eurobond.
energy

Private

1998

90,159

20,806

20,806

Russia

Direct
investment

Russia Small Business Fund

Stolichny Bank of Savings

Financing for micro and small enterprises.

Small business Private


finance

1995

2,081

1,302

1,302

Russia

Direct
investment

Russia Small Business Fund

NBD Bank

Financing for micro and small enterprises.

Small business Private


finance

1995

694

390

390

Russia

Direct
investment

Regional Trade Facilitation


Programme

Mezhcombank

Support for foreign trade.

Bank lending

Private

1995

3,468

3,468

3,468

Russia

Direct
investment

Russia Small Business Fund

Rosest Bank

Financing for micro and small enterprises.

Small business Private


finance

1995

347

217

217

Russia

Direct
investment

FM Russia

Construction and operation of warehouse,


distribution and logistics centre.

Property and
tourism

Private

1997

34,372

8,323

8,323

Russia

Direct
investment

Russia Small Business Fund

Uralpromstroibank

Financing for micro and small enterprises.

Small business Private


finance

1996

347

217

217

All investments 1991- 2009

Sector

Bank lending

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Russia

Direct
investment

Sakhalin II

Commercial development of oil and gas field.

Natural
Resources

Private

1998

729,390

80,449

80,449

Russia

Regional
investment

AIG Silk Road Fund

Financing for small and medium-sized private


Equity funds
sector enterprises and joint ventures operating in
Russia and Central Asia.

Private

1997

11,814

2,278

2,278

Russia

Direct
investment

GAZ-Volga

Upgrade of manufacturing facilities for production Manufacturing


of Volga passenger cars.
and services

Private

1997

174,263

45,079

45,079

Russia

Direct
investment

Chernogorneft

Implementation of infill drilling programme and


environmental action plan at oilfield.

Natural
Resources

Private

1997

24,274

14,564

14,564

Russia

Direct
investment

Russia Small Business Fund

Petrovsky Bank

Financing for micro and small enterprises.

Small business Private


finance

1996

694

434

434

Russia

Direct
investment

Russia Small Business Fund

Kuzbassotsbank

Financing for micro and small enterprises.

Small business Private


finance

1996

1,906

868

868

Russia

Direct
investment

Russia Small Business Fund

NBD Bank

Financing for micro and small enterprises.

Small business Private


finance

1996

953

434

434

Russia

Direct
investment

Russia Small Business Fund

Petrovsky Bank

Financing for micro and small enterprises.

Small business Private


finance

1996

3,988

2,496

2,496

Russia

Direct
investment

Russia Small Business Fund

Kuzbassotsbank

Financing for micro and small enterprises.

Small business Private


finance

1996

4,932

651

651

Russia

Direct
investment

Russia Small Business Fund

Rossiyskyi Kredit

Financing for micro and small enterprises.

Small business Private


finance

1996

9,530

4,341

4,341

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Russia

Direct
investment

Regional Trade Facilitation


Programme

Petrovsky Bank

Support for foreign trade.

Bank lending

Private

1996

3,468

3,468

3,468

Russia

Direct
investment

Moscow Efes

Expansion of brewery and distribution centre.

Agribusiness

Private

1997

68,063

15,370

15,370

Russia

Direct
investment

PLM beverage can


manufacturing

Establishment of aluminium beverage can


manufacturing plant.

Agribusiness

Private

1997

121,158

16,797

5,599

22,396

Russia

Direct
investment

Kaliningrad water and


environmental services

Improvement of water supply and waste-water


services and upgrade of infrastructure.

Municipal and
environmental
infrastructure

State

1999

110,153

12,484

12,484

Russia

Direct
investment

MMK

Procurement of major raw materials, energy and Manufacturing


transport for iron and steel producer.
and services

Private

1997

13,871

13,871

13,871

Russia

Direct
investment

Post privatisation support loan -

Implementation of economic reform programmes, Manufacturing


including enterprise restructuring, improvement in and services
corporate governance and investment promotion.

State

1997

10,108

10,108

10,108

Russia

Direct
investment

DIROL - Dansk Tyggegummi


Fabrik

Construction of new chewing gum production


facility.

Agribusiness

Private

1998

89,904

30,678

30,678

Russia

Direct
investment

Russia Small Business Fund

Stolichny Bank of Savings

Financing for micro and small enterprises.

Small business Private


finance

1996

16,677

7,597

7,597

Russia

Direct
investment

Russia Small Business Fund

Mosbusiness Bank

Financing for micro and small enterprises.

Small business Private


finance

1996

6,671

3,039

3,039

Russia

Direct
investment

Russia Small Business Fund

NBD Bank

Financing for micro and small enterprises.

Small business Private


finance

1997

2,081

1,040

1,040

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Russia

Direct
investment

Danone multi-project facility

Bolshevik

Investment in dairy, confectionery and mineral


water companies in Russia.

Agribusiness

Private

1996

36,790

6,925

6,925

Russia

Direct
investment

Kubaka gold project

Development of gold and silver deposit.

Natural
Resources

Private

1996

34,676

7,500

7,500

Russia

Direct
investment

Unexim Bank

Credit line to assist small and medium-sized


enterprises.

Bank lending

Private

1997

13,871

13,871

13,871

Russia

Direct
investment

Russia Life Investments

Investment in insurance company.

Insurance and
financial
services

Private

1997

4,107

1,243

1,243

Russia

Direct
investment

Regional Trade Facilitation


Programme

Toribank

Support for foreign trade.

Bank lending

Private

1996

3,468

3,468

3,468

Russia

Direct
investment

Regional Trade Facilitation


Programme

MDM Bank

Support for foreign trade.

Bank lending

Private

1996

3,468

3,468

3,468

Russia

Direct
investment

St Petersburg municipal
support project

Restructuring of debt and implementation of


investment programme.

Municipal and
environmental
infrastructure

State

1997

446,158

47,379

47,379

Russia

Direct
investment

FESCO

Acquisition of new container vessels.

Transport

Private

1997

64,845

21,615

21,615

Russia

Direct
investment

Russia Small Business Fund

Toribank

Financing for micro and small enterprises.

Small business Private


finance

1997

1,560

1,092

1,092

Russia

Direct
investment

Russia Small Business Fund

ProBusiness Bank

Financing for micro and small enterprises.

Small business Private


finance

1998

520

499

499

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Russia

Direct
investment

Russia Small Business Fund

Sberbank

Financing for micro and small enterprises.

Small business Private


finance

1998

13,877

13,870

13,870

Russia

Direct
investment

Russia Small Business Fund

Rosest Bank

Financing for micro and small enterprises.

Small business Private


finance

1997

2,528

1,085

1,085

Russia

Direct
investment

Russia Small Business Fund

Inkombank

Financing for micro and small enterprises.

Small business Private


finance

1997

5,743

4,161

4,161

Russia

Direct
investment

Bor Glass

Modernisation of Russia' s leading flat glass


manufacturers plant.

Manufacturing
and services

Private

1997

57,313

13,190

13,190

Russia

Regional
investment

Baring Communications

Private equity fund targeting the media and


communications sector.

Telecoms,
Private
informatics and
media

1997

5,521

1,239

1,239

Russia

Direct
investment

Unexim Bank

Credit line to assist small and medium-sized


enterprises.

Bank lending

Private

1997

53,207

53,207

53,207

Russia

Direct
investment

NTC

Expansion of landline telephone services and


GSM mobile telephone services.

Telecoms,
Private
informatics and
media

1999

31,902

8,322

8,322

Russia

Regional
investment

Black Sea Fund

Equity investment in medium-sized local


enterprises and facilitation of foreign direct
investment in the region.

Equity funds

Private

1998

4,875

1,962

1,962

Russia

Direct
investment

Nevsky 49

Construction and operation of 164 room,


Property and
international-standard business and tourist hotel. tourism

Private

1998

22,083

10,056

10,056

Russia

Direct
investment

Russia Small Business Fund

Far East Bank

Financing for micro and small enterprises.

Small business Private


finance

1998

2,774

2,497

2,497

All investments 1991- 2009

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Russia

Direct
investment

Russia Small Business Fund

Rosest Bank

Financing for micro and small enterprises.

Small business Private


finance

1997

1,837

1,288

1,288

Russia

Direct
investment

FIAT/ GAZ joint venture

Purchase of manufacturing equipment for


production of FIAT passenger cars.

Manufacturing
and services

Private

1998

Russia

Direct
investment

Avtobank

Equity investment and credit facility for medium Bank equity


and long-term on-lending to Russian enterprises.

Private

1998

1,445

1,445

1,445

Russia

Direct
investment

Russia Small Business Fund

NBD Bank

Financing for micro and small enterprises.

Small business Private


finance

1998

2,081

1,977

1,977

Russia

Direct
investment

St Petersburg air cargo


terminal Pulkovo

Design and construction of new air cargo terminal Transport


building.

Private

2000

8,836

2,774

2,774

Russia

Direct
investment

Soufflet multi-project facility

Malting Soufflet St
Petersburg

Construction of malting plant.

Agribusiness

Private

1998

35,074

14,061

14,061

Russia

Direct
investment

Permtex

Development of oil reserves in the Perm region.

Natural
Resources

Private

1999

135,930

24,273

24,273

Russia

Regional
investment

Innova/98

Private equity fund supporting small and medium- Equity funds


sized enterprises.

Private

1998

1,714

398

398

Russia

Direct
investment

Parmalat

Restructuring, privatisation and modernisation of Agribusiness


dairy and food industries.

Private

2002

17,192

6,000

6,000

Russia

Direct
investment

Russia Small Business Fund

SBS-Agro

Financing for micro and small enterprises.

Small business Private


finance

1998

6,935

5,779

5,779

All investments 1991- 2009

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Russia

Direct
investment

Vena St Petersburg

Modernisation and expansion of brewery.

Agribusiness

Private

1998

51,684

6,710

6,710

Russia

Direct
investment

Danone multi-project facility

Danone Industria

Investment in dairy, confectionery and mineral


water companies in Russia.

Agribusiness

Private

2001

57,167

23,184

23,184

Russia

Direct
investment

Russia Small Business Fund

Russia Small Business


Credit Bank (KMB Bank)

Financing for micro and small enterprises.

Small business Private


finance

1998

19,973

9,987

9,987

Russia

Direct
investment

RAO UES

Financial restructuring and improvement of power Power and


companys efficiency prior to privatisation.
energy

Private

2001

100,000

50,000

50,000

Russia

Direct
investment

Baltika Brewery

Expansion of brewerys production capacity and Agribusiness


development of distribution network.

Private

1999

23,580

20,047

20,047

Russia

Regional
investment

MBA loan project

Financial support for students undertaking MBA


degrees at top-tier business schools.

Bank lending

Private

1998

1,580

329

329

658

Russia

Direct
investment

Russia Small Business Fund

Russia Small Business


Credit Bank (KMB Bank)

Financing for micro and small enterprises.

Small business Private


finance

2000

43,171

12,686

12,686

25,373

Russia

Direct
investment

North Western Shipping


Company

Purchase and safety upgrade of ten dry-cargo


river-sea vessels.

Transport

Private

1999

2,337

2,337

2,337

Russia

Direct
investment

Duferco - Viz Stahl

Modernisation of steel plant production facilities. Manufacturing


and services

Private

2000

3,468

3,468

3,468

Russia

Direct
investment

TPG Co-investment

Equity funding for companies.

Private

1999

119,739

33,048

33,048

All investments 1991- 2009

Equity funds

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Russia

Direct
investment

Togliatti Azot

Financing and working capital strengthening


Manufacturing
ammonia suppliers position in the world market. and services

Russia

Direct
investment

Russia Small Business Fund

NBD Bank

Russia

Direct
investment

Lukoil

Russia

Regional
investment

Russia

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

Private

2001

38,144

13,871

13,871

Financing for micro and small enterprises.

Small business Private


finance

1999

485

360

360

Working capital to fund crude oil production and


oil processing at refineries.

Natural
Resources

Private

2000

104,029

52,015

52,015

Viking River Cruises

Expansion of fleet servicing international tourists Transport


in Hungary.

Private

2001

4,855

4,855

4,855

Direct
investment

St Petersburg toxic waste


emergency clean-up
programme

Upgrade of hazardous Krasny Bor waste disposal Municipal and


site.
environmental
infrastructure

State

2001

3,502

194

194

Russia

Direct
investment

Severstal

Working capital for major steel producer.

Manufacturing
and services

Private

2000

24,274

24,274

24,274

Russia

Regional
investment

Golden Telecom

Development and successful listing of a leading


telecommunications operator.

Telecoms,
Private
informatics and
media

1999

61,181

19,569

19,569

Russia

Direct
investment

Louis Dreyfus Vostok

Working capital for grain trading company.

Agribusiness

Private

2000

22,886

15,258

15,258

Russia

Direct
investment

International Moscow Bank

Recapitalisation of Russias sixth-largest bank.

Bank equity

Private

2000

33,210

2,858

5,717

8,575

Russia

Regional
investment

NIS restructuring facility

Restructuring and expansion of investments in


the New Independent States (NIS).

Equity funds

Private

2000

17,526

3,656

3,656

All investments 1991- 2009

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Russia

Direct
investment

Russia Small Business Fund

Investment Bank of Kuban Financing for micro and small enterprises.

Small business Private


finance

2000

347

329

329

Russia

Direct
investment

Vimpelcom

Development of D-AMPS and GSM 900/1800


networks and launch of Internet services.

Telecoms,
Private
informatics and
media

2000

214,533

33,099

33,099

Russia

Direct
investment

Gold pre-production financing Chutkotka


facility

Production of 12 tonnes of gold from ten goldproducing companies.

Natural
Resources

Private

2000

1,872

1,248

1,248

Russia

Direct
investment

Gold pre-production financing Polyarnaya


facility

Production of 12 tonnes of gold from ten goldproducing companies.

Natural
Resources

Private

1999

458

306

306

Russia

Direct
investment

Raiffeisen Bank

Lengthening of maturity on banks liabilities and


expansion of lending operations.

Bank lending

Private

2000

13,871

13,871

13,871

Russia

Direct
investment

Regional Trade Facilitation


Programme

Savings Bank of Russia

Support for foreign trade.

Bank lending

Private

2002

10,170

10,170

10,170

Russia

Direct
investment

Rosneft/ Sakhalinmorneftegas -

Exploration, production and marketing of oil and Natural


gas deposits on Sakhalin Island.
Resources

State

2001

48,547

20,806

20,806

Russia

Direct
investment

Yaroslavl municipal water


services development
programme

Upgrade of municipal water system and


institutional strengthening of water utility.

Municipal and
environmental
infrastructure

State

2003

15,133

11,225

11,225

Russia

Direct
investment

General Motors - VAZ joint


venture

Construction and operation of factory


manufacturing and assembling Niva vehicles.

Manufacturing
and services

Private

2001

181,741

44,422

44,422

Russia

Direct
investment

Louis Dreyfus Vostok

Working capital for grain trading company.

Agribusiness

Private

2000

26,207

8,869

8,869

All investments 1991- 2009

Description

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Russia

Direct
investment

Efes Brewery

Expansion of brewerys operations.

Agribusiness

Private

2000

142,721

16,221

16,221

Russia

Direct
investment

SBS Agro

Biryulovsky Meat

Financing for private sector enterprises.

Manufacturing
and services

Private

2000

3,468

3,468

3,468

Russia

Direct
investment

Unexim

Interroleasing

Credit supporting private enterprises.

Manufacturing
and services

Private

1998

407

407

407

Russia

Direct
investment

Russia Small Business Fund

Sberbank

Financing for micro and small enterprises.

Small business Private


finance

2000

20,806

20,702

20,702

Russia

Regional
investment

Baring Vostok Private Equity


Fund

Direct equity investment in medium-sized


companies.

Equity funds

Private

2000

109,379

51,894

51,894

Russia

Direct
investment

Pohjola Insurance Russia

Extension of investment in insurance and pension Insurance and


sectors.
financial
services

Private

2000

1,764

781

781

Russia

Direct
investment

Merloni Russia (Stinol)

Upgrade of refrigerator plant, improving operating Manufacturing


efficiency.
and services

Private

2002

136,000

13,600

13,600

Russia

Direct
investment

Russia Small Business Fund

Russia Small Business


Credit Bank (KMB Bank)

Financing for micro and small enterprises.

Small business Private


finance

2000

21,129

14,086

14,086

Russia

Direct
investment

DeltaCredit mortgage finance

Financing for individuals wishing to purchase


residential property.

Insurance and
financial
services

Private

2002

79,548

13,871

13,871

Russia

Direct
investment

Warehouse Receipt
Programme

Rabo Invest

Innovative commodity-backed financing


programme, the first project under the EBRDs
regional Warehouse Receipts Programme.

Agribusiness

Private

2000

99,175

34,676

34,676

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Russia

Direct
investment

Europlan (formerly
DeltaLeasing)

Leasing services for small and medium-sized


enterprises in the Far East and Siberia.

Insurance and
financial
services

Private

2002

24,274

6,935

6,935

Russia

Direct
investment

SBS Agro

Pansionat Otdykha
Novogorsk

Financing for small and medium-sized


Manufacturing
enterprises in agribusiness and related industrial and services
sectors.

Private

2000

2,493

2,493

2,493

Russia

Direct
investment

Ostankino Tower emergency


construction repairs

Repair of TV tower in Moscow, including


installation of passenger and cargo lifts and
improvements to transmission.

Municipal and
environmental
infrastructure

State

2002

5,742

5,742

5,742

Russia

Direct
investment

Moscow Efes

Expansion of brewery and distribution centre.

Agribusiness

Private

2001

11,790

11,790

11,790

Russia

Direct
investment

Russia Small Business Fund

NBD Bank

Financing for micro and small enterprises.

Small business Private


finance

2000

832

666

666

Russia

Direct
investment

Vena St Petersburg

Modernisation and expansion of brewery.

Agribusiness

Private

2002

72,465

36,368

36,368

Russia

Direct
investment

Russia Small Business Fund

NBD Bank

Financing for micro and small enterprises.

Small business Private


finance

2000

2,739

2,332

2,332

Russia

Direct
investment

Direct Investment Facility

Structured Component
Industries (SCI)

Investment in structured cabling systems interconnecting computers.

Manufacturing
and services

Private

2001

2,394

1,173

1,173

Russia

Direct
investment

Surgut municipal services


development programme

Upgrade of municipal water and district heating


system.

Municipal and
environmental
infrastructure

State

2002

71,020

37,753

37,753

Russia

Direct
investment

Russia road sector reform

Construction of the St Petersburg eastern bypass and Chita-Khabarovsk road.

Transport

State

2002

285,268

145,648

145,648

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Russia

Direct
investment

Russia Small Business Fund

NBD Bank

Institutional development of commercial bank and Bank equity


financing for private sector enterprises.

Private

2001

1,643

1,312

1,312

Russia

Direct
investment

International Moscow Bank

Recapitalisation of Russias sixth-largest bank.

Bank equity

Private

2001

25,557

4,158

4,158

Russia

Direct
investment

Severstal - Arcelor joint


venture

Construction of hot dip galvanised steel facility.

Manufacturing
and services

Private

2003

152,766

39,358

39,358

Russia

Direct
investment

St Petersburg flood protection barrier

Completion of flood protection barrier.

Municipal and
environmental
infrastructure

State

2002

1,462,768

169,915

169,915

Russia

Direct
investment

Sonic Duo

Construction and operation of GSM 1800/900


MHz mobile phone network.

Telecoms,
Private
informatics and
media

2001

159,382

15,681

7,840

23,521

Russia

Direct
investment

Michelin Russia

Establishment of tyre manufacturers production Manufacturing


facilities and improvement of technology.
and services

Private

2002

89,273

13,871

13,871

Russia

Direct
investment

Duferco - Viz Stahl

Modernisation of steel plant production facilities. Manufacturing


and services

Private

2002

9,709

9,709

9,709

Russia

Direct
investment

Commodity Repo Transaction -

Guarantee to Rabobank for commodity financing. Agribusiness

Private

2001

99,076

34,676

34,676

Russia

Direct
investment

Unexim

Internatsionalny Post Ned

Credit supporting private enterprises.

Private

2001

1,487

1,487

1,487

Russia

Direct
investment

Warehouse Receipts
Programme

Vneshtorgbank

Short-term lending against warehouse receipts Bank lending


for agribusiness companies, farmers and traders.

Private

2002

6,935

6,935

6,935

All investments 1991- 2009

Sector

Manufacturing
and services

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Russia

Direct
investment

Kamaz restructured loan and


equity investment

Debt restructuring of auto plant, transferring


Kamaz convertible bonds to the EBRD.

Manufacturing
and services

State

2001

48,894

24,447

24,447

48,894

Russia

Direct
investment

Buryatzoloto power line

Construction of power line connecting gold mine Natural


to the local power grid.
Resources

Private

2001

5,305

5,305

5,305

Russia

Direct
investment

St Petersburg south-west
waste-water treatment plant

Completion of waste-water treatment plant,


reducing pollution in the Gulf of Finland.

Municipal and
environmental
infrastructure

Private

2003

192,856

33,726

33,726

Russia

Direct
investment

Direct Investment Facility

IntelliKraft

Investment in pilot production of new battery type. Manufacturing


and services

Private

2001

34,449

1,493

1,493

Russia

Direct
investment

SeverTEK

Drilling and construction of pipeline and other


Natural
infrastructure needed to bring oilfield on-stream. Resources

Private

2002

319,348

69,353

69,353

Russia

Direct
investment

Kalina

Acquisition of cosmetics manufacturers smaller


Russian competitors.

Manufacturing
and services

Private

2002

13,871

13,871

13,871

Russia

Direct
investment

Russian Standard Bank

Development of consumer finance operations and Insurance and


expansion of regional operations.
financial
services

Private

2002

9,709

9,709

9,709

Russia

Direct
investment

Middle Timan bauxite mining


and processing

Expansion of bauxite mine and development of


refinery and aluminium smelter.

Private

2004

27,741

10,403

10,403

Russia

Direct
investment

Archangelsk municipal water


services development

Improvement of municipal water and waste-water Municipal and


services in Archangelsk.
environmental
infrastructure

State

2003

23,117

7,917

7,917

Russia

Direct
investment

Chupa Chups Russia

Renovation and expansion of confectionery


production plant.

Private

2002

22,352

6,242

6,242

All investments 1991- 2009

Natural
Resources

Agribusiness

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Russia

Direct
investment

Russia Small Business Fund

Chelindbank

Financing for micro and small enterprises.

Small business Private


finance

2002

3,468

3,294

3,294

Russia

Direct
investment

Russia Small Business Fund

NBD Bank

Financing for micro and small enterprises.

Small business Private


finance

2001

694

659

659

Russia

Direct
investment

St Petersburg northern waste- water treatment plant


incinerator

Construction of sludge incinerator.

Municipal and
environmental
infrastructure

State

2003

107,998

42,848

42,848

Russia

Direct
investment

Komi municipal water services -

Upgrade of water and waste-water infrastructure Municipal and


in Syktyvkar.
environmental
infrastructure

State

2004

17,767

6,717

6,717

Russia

Direct
investment

Direct Investment Facility

Firestop

Development of manufacturer of flame-retardant Manufacturing


materials.
and services

Private

2002

2,156

1,848

308

2,156

Russia

Direct
investment

Russia Small Business Fund

Russia Small Business


Credit Bank (KMB Bank)

Financing for micro and small enterprises.

Small business Private


finance

2001

20,806

20,598

20,598

Russia

Direct
investment

Raiffeisen Bank

Lengthening of maturity on banks liabilities and


expansion of lending operations.

Bank lending

Private

2002

20,806

10,403

10,403

Russia

Direct
investment

Russia Partners 2

Equity fund investing in companies operating in


Russia and the CIS.

Equity funds

Private

2004

37,314

37,314

37,314

Russia

Direct
investment

Direct Investment Facility

Intercos-IV

Equity investment in manufacturer of dyes and


press-forms for the automotive industry.

Manufacturing
and services

Private

2002

3,201

3,201

3,201

Russia

Direct
investment

Sirocco Aerospace

Production of Tupolev 204-120 aircraft.

Manufacturing
and services

Private

2003

120,674

62,418

62,418

All investments 1991- 2009

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Russia

Direct
investment

Mosenergo

Refinancing of power and district heating utilitys Power and


Eurobond.
energy

Private

2002

48,547

38,144

38,144

Russia

Direct
investment

Bor Glass

Modernisation of Russia' s leading flat glass


manufacturers plant.

Manufacturing
and services

Private

2003

50,000

25,000

25,000

Russia

Regional
investment

Efes EBI

Financing for Efes breweries.

Agribusiness

Private

2002

6,420

2,047

2,047

Russia

Regional
investment

Black Sea Fund

Equity investment in medium-sized local


enterprises and facilitation of foreign direct
investment in the region.

Equity funds

Private

2002

1,379

420

420

Russia

Direct
investment

SBS Agro

Macrotech

Financing for small and medium-sized


Manufacturing
enterprises in agribusiness and related industrial and services
sectors.

Private

2001

167

167

167

Russia

Direct
investment

Regional navigation safety


system

Construction of three radio towers on the islands Transport


of Gogland, Seskar and Sommers.

State

2003

11,432

2,551

2,551

Russia

Direct
investment

SFAT

Expansion of railway transportation company.

Transport

Private

1996

6,658

6,658

6,658

Russia

Regional
investment

Danfoss debt facility for


industrial energy projects

Financing for energy efficiency projects in


selected east European breweries.

Manufacturing
and services

Private

2002

1,306

306

306

Russia

Direct
investment

Kronospan Russia

Construction of fibreboard (MDF) production


facility.

Manufacturing
and services

Private

2003

246,000

75,000

75,000

Russia

Direct
investment

RZB Leasing Russia

Syndicated loan providing lease financing to


privately owned companies.

Insurance and
financial
services

Private

2004

36,410

12,137

12,137

All investments 1991- 2009

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Russia

Direct
investment

IKEA Kommunarka shopping


centre

Creation and operation of first giant shopping


centre and entertainment complex in Moscow.

Property and
tourism

Private

2002

145,849

69,353

69,353

Russia

Direct
investment

Regional Trade Facilitation


Programme

Uraltransbank

Support for foreign trade.

Bank lending

Private

2002

1,169

1,169

1,169

Russia

Direct
investment

Bonduelle Russia

Construction of greenfield vegetable canning


plant.

Agribusiness

Private

2003

51,536

5,768

5,768

11,536

Russia

Direct
investment

Russian agricultural commodity programme

Financing for small and medium-sized


agribusiness enterprises.

Agribusiness

Private

2002

374,506

38,838

155,351

194,188

Russia

Direct
investment

Transnefteproduct

Upgrade of refined oil pipeline network and


supporting infrastructure.

Natural
Resources

State

2003

14,564

14,564

14,564

Russia

Direct
investment

Chelyabinsk electrolytic zinc


plant

Renovation and expansion of zinc smelter,


construction of mercury recovery plant.

Manufacturing
and services

Private

2002

21,851

8,322

8,322

Russia

Direct
investment

Lenenergo

Completion of 180MW unit at the TETS-5 CHP


power plant in St Petersburg.

Power and
energy

Private

2003

120,001

40,000

40,000

Russia

Direct
investment

Pilkington Russia

Construction and operation of float glass plant.

Manufacturing
and services

Private

2003

210,250

40,750

40,750

Russia

Direct
investment

Regional Trade Facilitation


Programme

Chelindbank

Support for foreign trade.

Bank lending

Private

2002

318

159

159

318

Russia

Direct
investment

Saint-Gobain Isover Russia

Construction and operation of insulation materials Manufacturing


plant.
and services

Private

2003

38,500

10,000

10,000

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Russia

Direct
investment

Russia Small Business Fund

NBD Bank

Financing for micro and small enterprises.

Small business Private


finance

Russia

Direct
investment

Karelsky Okatysh

Replacement of equipment at iron pellet mine and Natural


restructuring of companys assets.
Resources

Russia

Direct
investment

Uralkaly

Modernisation of potassium salt producer,


purchase of rolling stock and construction of
power plant.

Russia

Direct
investment

Huhtamaki Polarcup

Russia

Direct
investment

Regional Trade Facilitation


Programme

Russia

Direct
investment

Regional Trade Facilitation


Programme

Russia

Direct
investment

Russia

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

2002

1,387

1,318

1,318

Private

2004

33,199

24,899

24,899

Private

2003

52,015

18,725

18,725

Expansion of food packaging material production Agribusiness


facility.

Private

2002

41,000

12,500

12,500

Center-Invest Bank

Support for foreign trade.

Bank lending

Private

2002

2,087

1,043

1,043

2,087

Absolut Bank

Support for foreign trade.

Bank lending

Private

2003

400

200

200

400

Stora Enso multi-project facility Arzamas Packaging

Investment in corrugating packaging plant.

Manufacturing
and services

Private

2003

38,750

10,000

10,000

Direct
investment

Lukoil-Perm

Investments in environmental projects and


development of oil and gas reserves.

Natural
Resources

Private

2003

31,902

15,951

15,951

Russia

Direct
investment

Nidera (Russia)

Expansion of grain trader's operations.

Agribusiness

Private

2003

7,629

7,629

7,629

Russia

Direct
investment

Russia Small Business Fund

Uraltransbank

Financing for micro and small enterprises.

Small business Private


finance

2002

1,387

1,040

1,040

All investments 1991- 2009

Manufacturing
and services

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Russia

Direct
investment

Chelyabinsk tube rolling plant -

Modernisation of equipment and improvement of Manufacturing


energy efficiency at pipe plant.
and services

Private

2002

52,432

35,093

35,093

Russia

Direct
investment

Hansa Leasing Russia

Establishment of greenfield leasing and factoring Insurance and


company.
financial
services

Private

2002

93,355

14,004

9,336

23,340

Russia

Direct
investment

Stora Enso multi-project facility Setles

Establishment of sawmill in the southern part of


Karelia.

Manufacturing
and services

Private

2002

10,000

3,000

3,000

Russia

Direct
investment

Russia Small Business Fund

Sibacadembank

Financing for micro and small enterprises.

Small business Private


finance

2003

2,081

1,040

1,040

Russia

Direct
investment

Pestovo sawmill

Construction and start-up of sawmill producing


sawn white wood.

Manufacturing
and services

Private

2003

68,000

15,000

15,000

Russia

Direct
investment

Russia road sector reform

Construction of the St Petersburg eastern bypass and Chita-Khabarovsk road.

Transport

State

2003

219,270

134,022

134,022

Russia

Direct
investment

Caterpillar Financial Leasing


Facility

PIC Development

Lease financing for Russian companies


modernising or expanding their fleet of
construction and mining machinery.

Manufacturing
and services

Private

2002

356

238

238

Russia

Direct
investment

Warehouse Receipts
Programme

Vneshtorgbank

Short-term lending against warehouse receipts Bank lending


for agribusiness companies, farmers and traders.

Private

2003

10,403

10,403

10,403

Russia

Direct
investment

Russia Small Business Fund

NBD Bank

Financing for micro and small enterprises.

Small business Private


finance

2003

1,387

694

694

Russia

Direct
investment

NTC

Expansion of landline and GSM mobile telephone Telecoms,


Private
services.
informatics and
media

2003

3,468

3,468

3,468

All investments 1991- 2009

Sub project

Description

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Russia

Direct
investment

Europlan (formerly
DeltaLeasing)

Leasing services for small and medium-sized


enterprises in the Far East and Siberia.

Insurance and
financial
services

Private

2004

3,468

3,468

3,468

Russia

Direct
investment

Moscow Efes

Expansion of Moscow Efes Brewery through the Agribusiness


acquisition of regional operations.

Private

2003

17,338

8,669

8,669

Russia

Direct
investment

Stora Enso multi-project facility Nebolchi

Investment in saw mill.

Private

2003

8,000

2,000

2,000

Russia

Regional
investment

Raiffeisen International

Equity investment supporting growth of Raiffeisen Bank equity


International's business in Bosnia and
Herzegovina.

Private

2004

100,000

50,000

50,000

Russia

Direct
investment

News Outdoor Russia

Expansion of advertising operations and


development of product range.

Telecoms,
Private
informatics and
media

2003

91,407

36,064

36,064

Russia

Direct
investment

Vestel-Record

Construction and operation of television


production facility.

Manufacturing
and services

Private

2003

32,942

10,403

10,403

Russia

Direct
investment

Lenta

Development of four food retail stores in St


Petersburg.

Agribusiness

Private

2004

10,403

10,403

10,403

Russia

Direct
investment

Regional Trade Facilitation


Programme

ProBusiness Bank

Support for foreign trade.

Bank lending

Private

2003

7,506

3,753

3,753

7,506

Russia

Direct
investment

Europlan (formerly
DeltaLeasing)

Leasing services for small and medium-sized


enterprises in the Far East and Siberia.

Insurance and
financial
services

Private

2004

10,403

10,403

10,403

Russia

Direct
investment

Power Machines

Modernisation and energy efficiency


improvements to three power equipment plants.

Manufacturing
and services

Private

2003

42,652

42,652

42,652

All investments 1991- 2009

Manufacturing
and services

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Russia

Direct
investment

Russian Standard Bank

Development of consumer finance operations and Insurance and


expansion of regional operations.
financial
services

Private

2003

13,871

13,871

13,871

Russia

Direct
investment

Surgut Housing

Loan to fund urban renewal and lay the


foundations for major transformation of the
housing stock in Siberian city of Surgut.

Municipal and
environmental
infrastructure

State

2007

30,751

16,016

16,016

Russia

Direct
investment

Rising Star Media

Establishment of five multiplex cinemas in


Moscow and St Petersburg.

Private
Telecoms,
informatics and
media

2004

29,010

5,360

5,360

Russia

Direct
investment

Uralsib SME credit line

Credit line to assist small and medium-sized


enterprises leasing goods.

Bank lending

Private

2003

10,403

10,403

10,403

Russia

Direct
investment

Lipetsk Municipal Infrastructure Project

Loan for modernisation of Lipetsk municipal


services.

Municipal and
environmental
infrastructure

State

2008

16,932

16,932

16,932

Russia

Direct
investment

BTS

Acquisition of railway tank wagons and freight


locomotives.

Transport

Private

2004

39,601

13,871

13,871

Russia

Direct
investment

Russia Small Business Fund

Uralsib

Financing for micro and small enterprises.

Small business Private


finance

2003

6,935

5,548

5,548

Russia

Direct
investment

Uraltransbank SME credit line -

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

Bank lending

Private

2004

2,081

2,081

2,081

Russia

Direct
investment

Uraltransbank

Equity investment in bank focusing on financing


for small and medium-sized enterprises.

Bank equity

Private

2004

6,010

6,010

6,010

Russia

Direct
investment

Center-Invest Bank

Equity investment and credit line for on-lending to Bank equity


small and medium-sized enterprises.

Private

2004

9,436

6,290

3,145

9,436

All investments 1991- 2009

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Russia

Direct
investment

Narzan

Expansion of mineral water producers bottling


capacity and development of new products.

Agribusiness

Private

2004

6,768

5,076

1,692

6,768

Russia

Direct
investment

ProBusiness Bank convertible subordinated loan

Acquisition of medium-sized regional Russian


banks.

Bank lending

Private

2003

9,709

9,709

9,709

Russia

Direct
investment

Wirtgen

ABZ-1

Leasing facility for Russian companies


modernising their road building machinery.

Manufacturing
and services

Private

2003

589

589

589

Russia

Direct
investment

Banque Socit Gnrale


Vostok

Expansion of retail lending, leasing and mortgage Insurance and


finance.
financial
services

Private

2004

17,338

6,311

6,311

Russia

Direct
investment

Banque Socit Gnrale


Vostok

Expansion of retail lending, leasing and mortgage Bank lending


finance.

Private

2004

52,015

17,962

17,962

Russia

Direct
investment

Banque Socit Gnrale


Vostok

Expansion of retail lending, leasing and mortgage Bank lending


finance.

Private

2004

17,338

17,338

17,338

Russia

Direct
investment

Cherkizovsky

Restructuring of processed meats producer.

Private

2004

42,998

25,314

25,314

Russia

Direct
investment

Gallery

Equity financing for outdoor advertising company. Telecoms,


Private
informatics and
media

2005

12,484

10,403

10,403

Russia

Direct
investment

JN - Wagon

Acquisition of new wagons for transport of timber Transport


and woodchips.

Private

2006

29,859

12,685

12,685

Russia

Regional
investment

Lesaffre First Commitment

Equity investment in subsidiaries of French yeast Agribusiness


producer.

Private

2005

80,797

8,178

8,178

All investments 1991- 2009

Agribusiness

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Russia

Direct
investment

Wirtgen

Centrodorstroy

Leasing facility for Russian companies


modernising their road building machinery.

Manufacturing
and services

Private

2003

1,035

690

690

Russia

Direct
investment

Nokian Tyres

Construction of tyre plant.

Manufacturing
and services

Private

2004

97,416

25,000

25,000

Russia

Direct
investment

Sibacadembank

Equity investment in bank.

Bank equity

Private

2004

20,060

20,060

20,060

Russia

Direct
investment

Renaissance Life Insurance

Equity investment in life insurance company.

Insurance and
financial
services

Private

2004

13,321

10,591

10,591

Russia

Direct
investment

System Operator SCADA

Implementation of control and energy


management system.

Power and
energy

State

2004

120,000

60,000

60,000

Russia

Direct
investment

Actex

Purchase, transport, storage, sale and


export/import of agricultural commodities.

Agribusiness

Private

2004

18,725

8,322

8,322

Russia

Direct
investment

Yugbank SME credit line

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

Bank lending

Private

2004

5,881

5,881

5,881

Russia

Direct
investment

Norum Russia III Fund

Equity fund investing in private companies


operating in Russia and CIS.

Equity funds

Private

2007

56,000

50,000

50,000

Russia

Direct
investment

Pfleiderer

Establishment of a chipboard production facility in Manufacturing


Podberezie.
and services

Private

2005

106,999

32,000

32,000

Russia

Direct
investment

Regional Trade Facilitation


Programme

Promsvyazbank

Support for foreign trade.

Private

2004

54,538

36,359

18,179

54,538

All investments 1991- 2009

Bank lending

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Russia

Direct
investment

Russia Small Business Fund

Uraltransbank

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

Small business Private


finance

Russia

Direct
investment

GAZ

Purchase and installation of new painting facility Manufacturing


at leading car and truck manufacturer.
and services

Russia

Regional
investment

Europolis II

Development of commercial property projects.

Russia

Direct
investment

Regional Trade Facilitation


Programme

TransCapitalBank

Support for foreign trade.

Russia

Direct
investment

NPO Petrovax Pharm

Russia

Direct
investment

International Moscow Bank

Russia

Direct
investment

Russia

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

2004

4,855

3,468

3,468

Private

1997

21,846

21,846

21,846

Property and
tourism

Private

2004

61,784

5,845

7,793

13,639

Bank lending

Private

2004

26,263

17,509

8,754

26,263

Construction of facility manufacturing flu vaccine. Manufacturing


and services

Private

2004

25,000

25,000

25,000

Development of medium-term lending activities Bank lending


for corporate customers, small and medium-sized
enterprises and the retail sector.

Private

2004

138,706

6,935

6,935

Rosbank SME credit line

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

Bank lending

Private

2004

13,871

13,871

13,871

Direct
investment

Russia Small Business Fund

NBD Bank

Credit line to NBD for on-lending to small and


medium-sized businesses.

Small business Private


finance

2004

2,774

1,387

1,387

Russia

Direct
investment

Regional Trade Facilitation


Programme

Credit Bank of Moscow

Support for foreign trade.

Bank lending

Private

2005

16,370

8,185

8,185

16,370

Russia

Direct
investment

Rosbank

Credit line providing long-term mortgage loans.

Bank lending

Private

2005

20,592

20,592

20,592

All investments 1991- 2009

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Russia

Direct
investment

Wirtgen

Centrodorstroy

Leasing facility for Russian companies


modernising their road-building machinery.

Manufacturing
and services

Private

2004

1,082

1,082

1,082

Russia

Direct
investment

International Moscow Bank

Development of medium-term lending activities Bank lending


for corporate customers, small and medium-sized
enterprises and the retail sector.

Private

2004

13,871

13,871

13,871

Russia

Direct
investment

Samara Metallurgical Plant

Modernisation and upgrade of two aluminium


plants.

Private

2005

104,029

20,806

20,806

Russia

Regional
investment

Regional Agricultural
Commodity Programme

Commodity financing for small and medium-sized Agribusiness


agribusinesses in Kazakhstan and Russia.

Private

2004

219,242

76,722

76,722

Russia

Direct
investment

Ark Shipping Ltd

Acquisition and upgrade of tug boats and barges. Transport

Private

2004

6,756

2,245

2,245

Russia

Direct
investment

Soufflet multi-project facility

Zerno

Construction of malting plant.

Agribusiness

Private

2004

14,287

5,964

5,964

Russia

Direct
investment

Pokrov Glass

Restructuring and expansion of glass bottling


plant.

Agribusiness

Private

2004

37,181

20,263

20,263

Russia

Direct
investment

Chelyabinsk tube rolling plant -

Acquisition of stake in pipe plant.

Manufacturing
and services

Private

2004

201,161

86,730

86,730

Russia

Direct
investment

Danone multi-project facility

Danone Industria

Investment in dairy, confectionery and mineral


water companies in Russia.

Agribusiness

Private

2004

96,213

11,813

11,813

Russia

Direct
investment

Sakha (Yakutia) Republic

Upgrading of heating and water systems in the


Republic of Sakha.

Municipal and
environmental
infrastructure

State

2006

33,657

22,880

22,880

All investments 1991- 2009

Manufacturing
and services

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Russia

Direct
investment

Regional Trade Facilitation


Programme

NBD Bank

Support for foreign trade.

Bank lending

Private

2004

4,447

2,223

2,223

4,447

Russia

Direct
investment

Absolut Bank

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

Bank lending

Private

2004

6,935

6,935

6,935

Russia

Direct
investment

Transcapitalbank SME credit


line

Senior loan for on-lending to private sector small Bank lending


and medium-sized businesses.

Private

2005

6,935

6,935

6,935

Russia

Direct
investment

Agricultural Commodity
Programme

Vneshtorgbank

Commodity financing for small and medium-sized Bank lending


agribusinesses, provided through Vneshtorgbank.

Private

2004

25,314

17,338

17,338

Russia

Direct
investment

Russia Small Business Fund

Chelindbank

Credit line to Chelindbank for on-lending to small Small business Private


and medium-sized businesses.
finance

2004

10,403

6,242

6,242

Russia

Regional
investment

Baring Vostok Private Equity


Fund III

Private equity fund supporting medium-sized


companies in Kazakhstan, Russia and Ukraine.

Equity funds

Private

2004

140,272

17,864

17,864

Russia

Direct
investment

BD Logistics

Development, construction and operation of two Property and


international-standard warehouses near Moscow. tourism

Private

2005

25,392

6,135

3,068

9,203

Russia

Direct
investment

Togliatti Urban Transport


Project

Purchase of buses and upgrade of maintenance Municipal and


facilities.
environmental
infrastructure

State

2004

7,152

5,629

5,629

Russia

Direct
investment

Russian Standard Bank

Syndicated loan for expansion of bank.

Insurance and
financial
services

Private

2004

62,418

20,806

20,806

Russia

Direct
investment

International Moscow Bank

Equity investment in bank.

Bank equity

Private

2005

8,081

8,081

8,081

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Russia

Direct
investment

Russia Small Business Fund

Sibacadembank

Credit line to Sibacadembank for on-lending to


small and medium-sized businesses.

Small business Private


finance

2004

6,935

4,508

4,508

Russia

Direct
investment

CityMortgage Bank

Loan to finance growth of CityMortgage Banks


mortgage operations.

Insurance and
financial
services

Private

2006

12,130

12,130

12,130

Russia

Direct
investment

ProBusiness Bank

Commodity financing for small and medium-sized Agribusiness


agribusinesses.

Private

2004

4,161

4,161

4,161

Russia

Direct
investment

Spurt Bank SME credit line

Loan for on-lending to small and medium-sized


businesses operating in the Republic of
Tatarstan.

Bank lending

Private

2005

6,407

6,407

6,407

Russia

Direct
investment

High River Gold

Equity stake in High River Gold, a gold mining


company.

Natural
Resources

Private

2005

9,222

9,222

9,222

Russia

Direct
investment

Air Liquide

Severstal

Construction and management of an industrial


gas facility for Severstal steel making.

Manufacturing
and services

Private

2005

104,400

36,000

36,000

Russia

Direct
investment

Mosenergo post restructuring


loan

Loan to Mosenergo Generation Company.

Power and
energy

Private

2005

170,229

66,353

66,353

Russia

Direct
investment

Maritime Navigation Safety


Project

Construction of three radio towers for location


and identification of ships.

Transport

State

2006

12,599

4,623

4,623

Russia

Direct
investment

Regional Trade Facilitation


Programme

Sibacadembank

Support for foreign trade.

Bank lending

Private

2004

9,016

4,508

4,508

9,016

Russia

Direct
investment

Sumitomo Leasing

Spetsgazavtotrans

Lease financing for Russian companies


modernising their construction and mining
machinery.

Manufacturing
and services

Private

2004

275

275

275

All investments 1991- 2009

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Russia

Direct
investment

Uralsib SME credit line

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

Bank lending

Private

2004

20,806

20,806

20,806

Russia

Regional
investment

Mobile TeleSystems

Development of local network and acquisition of Telecoms,


Private
regional operators.
informatics and
media

2004

772,645

126,969

126,969

Russia

Direct
investment

Uralkaly

Modernisation of potassium salt producer and


construction of power plant.

Manufacturing
and services

Private

2004

41,612

22,086

22,086

Russia

Direct
investment

VTB 24 Bank

Credit line for on-lending to micro and small


businesses.

Small business Private


finance

2006

138,706

78,022

78,022

Russia

Direct
investment

SREI Leasing

Financing to help the company to increase its


Insurance and
leasing portfolio and reach more local small and financial
medium-sized companies in Russia.
services

Private

2007

9,078

5,000

5,000

Russia

Direct
investment

Sky Express

Investment in Russias first low-cost airline.

Private

2006

41,675

5,590

2,795

8,385

Russia

Direct
investment

Hansabank

Equity investment to support capital increase and Bank equity


extension of operations.

Private

2005

22,174

22,174

22,174

Russia

Direct
investment

Ufa District Heating

Modernisation and construction of heating substations in the Republic of Bashkortostan.

Municipal and
environmental
infrastructure

State

2006

11,679

8,251

8,251

Russia

Direct
investment

Credit Bank of Moscow

Credit line for on-lending to local private sector


small and medium-sized businesses.

Bank lending

Private

2005

6,935

6,935

6,935

Russia

Direct
investment

V-Lazer

Construction and start-up cost of four new white Manufacturing


goods stores in Russias Far East.
and services

Private

2005

20,950

7,500

7,500

All investments 1991- 2009

Transport

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Russia

Direct
investment

Botnia SVIR

Partial financing for the construction and start-up Manufacturing


of a new sawmill.
and services

Private

2005

65,000

22,500

22,500

Russia

Direct
investment

Rusfinance Bank

Rouble loan to finance the portfolio of consumer Insurance and


loans.
financial
services

Private

2006

48,049

48,049

48,049

Russia

Direct
investment

Vologda Municipal Water


Services

Comprehensive modernisation of water and


waste-water facilities.

State

2006

11,252

8,397

8,397

Russia

Direct
investment

Impex Bank

Expansion of lending to private sector small and Bank lending


medium-sized businesses.

Private

2005

13,871

13,871

13,871

Russia

Direct
investment

Locko Bank

Credit line for lending to small and medium-sized Bank lending


businesses.

Private

2005

6,935

6,935

6,935

Russia

Direct
investment

Ufa glass packaging plant

Construction of a plant near Ufa.

Agribusiness

Private

2005

101,086

30,954

30,954

Russia

Direct
investment

Enforta

Loan to enable provision of broadband services


to Russian regions.

Telecoms,
Private
informatics and
media

2007

3,468

3,468

3,468

Russia

Direct
investment

News CIS

Senior secured loan to facilitate creation of a pan- Telecoms,


Private
regional outdoor advertising network.
informatics and
media

2005

96,401

16,218

16,218

Russia

Regional
investment

Volia Voda

Equity investment in Volia Voda enabling it to


expand in central and eastern Europe, Russian
and Ukraine.

Municipal and
environmental
infrastructure

Private

2007

25,200

25,200

25,200

Russia

Direct
investment

Sumitomo Leasing

Razrez Raspadskiy

Lease financing for Russian companies


modernising their construction and mining
machinery.

Manufacturing
and services

Private

2005

714

714

714

All investments 1991- 2009

Sector

Municipal and
environmental
infrastructure

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Russia

Direct
investment

Vestel

Construction of a white goods production facility. Manufacturing


and services

Private

2005

55,482

19,419

19,419

Russia

Direct
investment

Promsvyazbank SME Credit


Line

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

Bank lending

Private

2005

20,806

20,806

20,806

Russia

Direct
investment

Toyota Russia

Construction of automotive assembly plant.

Manufacturing
and services

Private

2005

134,822

19,696

19,696

Russia

Direct
investment

DeltaCredit syndicated loan

Loan to expand the banks mortgage loan


portfolio.

Insurance and
financial
services

Private

2005

31,209

10,403

10,403

Russia

Direct
investment

Saint Gobain Packaging


Regional Facility

Modernisation of Sitalls glass packaging plant.

Agribusiness

Private

2005

9,495

1,721

1,721

Russia

Direct
investment

Promsvyazbank

Syndicated loan to help one of Russia's largest Bank lending


private banks to expand its retail activities, extend
longer-term funding and increase small business
lending.

Private

2007

208,059

58,950

58,950

Russia

Direct
investment

Federal Grid Company

Rouble financing for modernisation of the


companys infrastructure.

Power and
energy

State

2005

205,641

39,126

39,126

Russia

Direct
investment

Regional Trade Facilitation


Programme

Spurt Bank

Support for foreign trade.

Bank lending

Private

2005

684

342

342

684

Russia

Direct
investment

Quadriga Private Equity Fund -

Investment in private equity fund.

Equity funds

Private

2005

58,241

33,682

33,682

Russia

Direct
investment

Renaissance Capital Bank


rouble loan

Loan to finance the portfolio of consumer loans.

Insurance and
financial
services

Private

2005

19,220

19,220

19,220

All investments 1991- 2009

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Russia

Direct
investment

Koskitukki Russia

Construction of a new sawmill and veneer and


plywood plant.

Manufacturing
and services

Private

2006

38,100

1,200

1,200

Russia

Regional
investment

Emerging Europe
Convergence Fund II

Direct equity fund investing in central and eastern Equity funds


Europe.

Private

2005

6,000

6,000

6,000

Russia

Direct
investment

Center-Invest Bank

Subscription to newly issued shares.

Bank equity

Private

2005

4,118

4,118

4,118

Russia

Direct
investment

Sumitomo Leasing

Mezhregiontruboprovodstroy

Lease financing for Russian companies


modernising their construction and mining
machinery.

Manufacturing
and services

Private

2005

252

252

252

Russia

Direct
investment

Russia Small Business Fund

Uralvneshtorgbank (UVTB) Financing for micro and small enterprises.

Small business Private


finance

2005

2,774

2,219

2,219

Russia

Direct
investment

Rosbank

Loan to cover banks development in lending to


business and private customers.

Bank lending

Private

2006

34,676

34,676

34,676

Russia

Regional
investment

Marbleton Property Fund

Equity funding for office, residential, retail and


industrial property development, primarily in
Russia and Ukraine

Property and
tourism

Private

2006

178,158

22,253

22,253

Russia

Direct
investment

Primsots bank

Investment to support SME lending programme. Bank lending

Private

2005

2,059

2,059

2,059

Russia

Direct
investment

Sumitomo Leasing

Krasnoyarsk- krayugol

Lease financing for Russian companies


modernising their construction and mining
machinery.

Manufacturing
and services

Private

2005

312

312

312

Russia

Direct
investment

Regional Trade Facilitation


Programme

Locko Bank

Support for foreign trade.

Bank lending

Private

2005

25,381

12,691

12,691

25,381

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Russia

Direct
investment

Russia Small Business Fund

Forus

Financing for micro and small enterprises.

Small business Private


finance

2005

4,118

3,089

3,089

Russia

Direct
investment

Russian Regional Jet

Finance for the purchase of equipment and to


support the upgrade of production facilities, as
well as the production and sale of the aircraft.

Transport

Private

2007

1,263,321

100,000

100,000

Russia

Direct
investment

Gallery

Private
Equity financing for outdoor advertising company. Telecoms,
informatics and
media

2005

25,144

4,115

4,115

Russia

Direct
investment

Regional Trade Facilitation


Programme

Support for foreign trade

Bank lending

Private

2005

5,683

2,842

2,842

5,683

Russia

Direct
investment

DeltaCredit rouble mortgage


loan

Loan for financing rouble-denominated


mortgages.

Insurance and
financial
services

Private

2005

6,864

6,864

6,864

Russia

Direct
investment

Europlan syndicated loan

Loan to leading SME leasing company.

Insurance and
financial
services

Private

2005

27,741

9,224

9,224

Russia

Direct
investment

Belaya Kalitva Metallurgical


Association

Environmental and modernisation programme for Manufacturing


two rolling mills acquired by Alcoa Inc.
and services

Private

2005

2,081

1,387

1,387

Russia

Direct
investment

Khanti Mansi regional


municipal services
development

Surgutski Rayon.

Investment in Surgutski Rayon municipal district Municipal and


heating, water and waste-water infrastructure.
environmental
infrastructure

State

2006

24,391

16,016

16,016

Russia

Direct
investment

Sitronics

Investment in a large industrial and consumer


electronics company.

Manufacturing
and services

Private

2006

206,294

62,734

62,734

Russia

Direct
investment

Sibacadembank

Credit line for on-lending as medium and longterm loans.

Bank lending

Private

2006

27,742

3,468

3,468

All investments 1991- 2009

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Russia

Direct
investment

Chelindbank

Credit facility for on-lending as long-term


affordable mortgage loans.

Bank lending

Private

2006

3,203

3,203

3,203

Russia

Direct
investment

Bank Kedr

Equity investment to support geographical


expansion and development of lending to small
and medium-sized businesses.

Bank equity

Private

2006

20,613

10,613

10,613

Russia

Direct
investment

ING Life Insurance Russia

Equity investment in ING life insurance Russia.

Insurance and
financial
services

Private

2007

8,549

8,549

8,549

Russia

Direct
investment

Novogor Prikamie

Support for municipal water and wastewater


system in Perm.

Municipal and
environmental
infrastructure

Private

2008

34,321

17,160

17,160

Russia

Direct
investment

Lukoil

Programme to improve the environmental, health Natural


Resources
and safety performance of various upstream,
midstream or downstream facilities operated by
Lukoil.

Private

2007

208,059

104,029

104,029

Russia

Direct
investment

Transcapitalbank

Credit line for the development of the banks


mortgage lending.

Bank lending

Private

2005

3,468

3,468

3,468

Russia

Direct
investment

Russian Standard Bank


securitisation

Investment to enable consumer lending.

Insurance and
financial
services

Private

2005

250,032

8,532

8,532

Russia

Direct
investment

RSB Rouble Loan

Rouble loan to support consumer lending outside Insurance and


the Moscow region.
financial
services

Private

2006

20,592

20,592

20,592

Russia

Direct
investment

Promsvyazbank subordinated loan

Credit line to support SME lending activities in the Bank lending


regions.

Private

2005

34,321

34,321

34,321

Russia

Direct
investment

Independent Leasing

Long-term loan to help develop the Russian


leasing sector.

Private

2007

14,161

14,161

14,161

All investments 1991- 2009

Insurance and
financial
services

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Russia

Direct
investment

Primsotsbank

Support for a bank based in Russia's Far East,


enabling it to expand and develop its small
business lending programme.

Bank equity

Private

2007

7,676

4,244

4,244

Russia

Direct
investment

Sumitomo Leasing

Krasnoyarsk- krayugol

Lease financing for Russian companies


modernising their construction and mining
machinery.

Manufacturing
and services

Private

2005

176

176

176

Russia

Direct
investment

International Moscow Bank

Equity increase to allow continued growth.

Bank equity

Private

2006

7,736

7,736

7,736

Russia

Direct
investment

Yug Rusi

Finance for an edible oil producer and agricultural Agribusiness


commodities trader.

Private

2006

230,287

64,498

64,498

Russia

Direct
investment

Bank of St Petersburg

Loan for on-lending to local small and mediumsized businesses.

Private

2006

20,806

20,806

20,806

Russia

Direct
investment

HydroOGK

Refurbishment of the hydroelectric cascade and Power and


development of renewable energy production.
energy

State

2006

466,276

52,625

52,625

Russia

Direct
investment

SKB Bank

Loan for on-lending to small and medium-sized


enterprises.

Private

2009

6,935

3,468

3,468

Russia

Direct
investment

Orgresbank

Equity investment to help regional expansion and Bank equity


development of small and medium-sized
enterprise lending.

Private

2007

32,808

32,808

32,808

Russia

Direct
investment

Okey

Loan for Russian hypermarket chain


development.

Agribusiness

Private

2008

565,557

72,822

72,822

Russia

Direct
investment

DeltaLeasing

Loan to support the growth of the leasing sector


in the Russian Far East, Sakhalin and Siberia.

Insurance and
financial
services

Private

2006

12,484

4,161

4,161

All investments 1991- 2009

Bank lending

Bank lending

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Russia

Direct
investment

Saratov shopping centre

Finance for the development, construction and


start-up costs of Saratov Shopping Centre.

Property and
tourism

Private

2007

59,478

18,100

18,100

Russia

Direct
investment

MDM Bank

Loan to help expand retail activities, extend


Bank lending
longer-term funding and increase small business
lending.

Private

2007

208,059

69,353

69,353

Russia

Direct
investment

RSB term securitisation

Investment to enable easier provision of


consumer loans.

Insurance and
financial
services

Private

2006

300,000

40,000

40,000

Russia

Direct
investment

Direct Insurance Russia

Loan to an insurance company for further


development of the Russian insurance market.

Insurance and
financial
services

Private

2006

26,662

22,662

22,662

Russia

Direct
investment

General Motors Russian


Assembly Plant

Finance for construction and operation of a


Manufacturing
greenfield vehicle assembly facility in Shushary, and services
St. Petersburg.

Private

2008

225,952

67,966

67,966

Russia

Regional
investment

BSR Europe Co-Investment


Facility

Equity investment in a company developing


Property and
office, retail, residential and industrial real estate tourism
in Russia.

Private

2006

20,000

7,000

7,000

Russia

Regional
investment

Alpha CEE II

Diversified regional private equity fund dedicated Equity funds


to central and eastern Europe.

Private

2006

2,500

2,500

2,500

Russia

Direct
investment

Louis Dreyfus Infrastructure

Upgrade of existing assets of silo-operating


Agribusiness
company, and potential acquisition of new sites.

Private

2006

59,990

20,806

20,806

Russia

Direct
investment

Spurt Bank

Bank equity
Equity investment to help strengthen Spurt
Banks capital, bolster its position in its home
market as well as finance its strategy of regional
expansion.

Private

2007

14,101

14,101

14,101

Russia

Direct
investment

Element Leasing

Loan to help develop leasing to small and


medium-sized enterprises.

Private

2007

6,935

6,935

6,935

All investments 1991- 2009

Insurance and
financial
services

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Russia

Direct
investment

Sibacadembank

Loan to finance on-lending to small and medium- Bank lending


sized businesses and retail customers in Siberia.

Private

2006

41,612

13,871

13,871

Russia

Direct
investment

Lafarge Vostok

Loan to acquire, modernise and operate facilities Manufacturing


producing cement, concrete and lime.
and services

Private

2006

347,997

69,999

69,999

Russia

Direct
investment

Transcapitalbank

Equity investment supporting banks continued


growth.

Bank equity

Private

2006

33,769

33,769

33,769

Russia

Direct
investment

Russia Small Business Fund

MDM Bank

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

Small business Private


finance

2006

34,676

27,741

27,741

Russia

Regional
investment

Europolis III

Private

2006

99,000

8,400

12,600

21,000

Russia

Direct
investment

Project Rust / Vyso

Property and
Equity investment allowing the creation of a
regional portfolio of property assets in Bosnia and tourism
Herzegovina, Bulgaria, FYR Macedonia,
Montenegro, Romania, Russia, Serbia and
Ukraine.
Equity investment to support the launch of new Manufacturing
corrosion protection services and for oil and gas and services
platforms.

Private

2007

11,853

3,354

5,031

8,386

Russia

Direct
investment

Wienerberger Russia I

Construction of a new brick production plant.

Manufacturing
and services

Private

2006

38,000

13,300

13,300

Russia

Direct
investment

RESO Insurance

Equity investment to support the groups


expansion of its core insurance activities and to
help with the continued growth of its operations
across Russia.

Insurance and
financial
services

Private

2007

118,608

118,608

118,608

Russia

Direct
investment

Russia Small Business Fund

NBD Loan Tranche IX

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

Small business Private


finance

2006

5,548

3,468

3,468

Russia

Direct
investment

Center-Invest Bank

Loan for on-lending to local small and mediumsized businesses.

Bank lending

2006

31,209

10,403

10,403

All investments 1991- 2009

Sector

Portfolio
Class

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Russia

Direct
investment

Fazer

Expansion of a bakery business.

Agribusiness

Private

2008

80,083

32,033

32,033

Russia

Direct
investment

AHML Residential

Investment in the first public issue of residential


mortgage-backed securities in Russia.

Insurance and
financial
services

Private

2007

6,040

6,040

6,040

Russia

Direct
investment

Kazan water and waste water -

Loan to Kazan city for upgrading of water and


waste-water facilities.

Municipal and
environmental
infrastructure

State

2007

10,639

8,008

8,008

Russia

Direct
investment

Volkswagen Rus

Construction and operation of a new automobile Manufacturing


production plant.
and services

Private

2006

292,100

30,000

30,000

Russia

Regional
investment

Clean Globe International Oil


Spill Protection

Establishment of crude oil spill response centres Natural


Resources
in key locations in the Banks countries of
operations and provision of regional training,
prevention and remedial services

Private

2007

28,768

1,628

1,628

Russia

Direct
investment

Rosmorport

Finance for upgrading of the auxiliary fleet and to Transport


enable the port to adjust to new fee structures.

State

2007

99,867

66,578

66,578

Russia

Direct
investment

St Petersburg waste water

Construction and operation of a waste-water


treatment facility.

State

2006

91,000

41,000

41,000

Russia

Direct
investment

Absolut Bank

Loan to diversify banks funding base and support Bank lending


growth of individual and business clientele.

Private

2006

83,224

27,741

27,741

Russia

Direct
investment

Moscow Credit Bank

Capital provided to support ongoing growth.

Bank lending

Private

2006

13,871

13,871

13,871

Russia

Direct
investment

Sibacadembank

Loan to further development of a leading regional Bank lending


bank.

Private

2006

13,871

13,871

13,871

All investments 1991- 2009

Municipal and
environmental
infrastructure

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Russia

Direct
investment

Russia

Description

Sector

Portfolio
Class

Subordinated Loan Framework Locko Bank


for Russian Mid-sized banks

Loan to finance development and expansion.

Bank lending

Private

2007

13,871

13,871

13,871

Direct
investment

Probusinessbank

Capital provided to support ongoing growth.

Bank lending

Private

2006

4,161

4,161

4,161

Russia

Direct
investment

MDM Bank Auto Loan


Securitisation

Investment to enable easier provision of


consumer automobile loans.

Insurance and
financial
services

Private

2006

328,456

24,274

24,274

Russia

Direct
investment

OAO Severstal

Loan for energy efficiency improvements.

Manufacturing
and services

Private

2007

600,000

150,000

150,000

Russia

Direct
investment

SKB Bank

Bank equity
Equity investment to support the expansion of
operations with private sector small and medium
sized enterprises and retail customers in the
Urals region.

Private

2007

36,765

36,765

36,765

Russia

Direct
investment

Lenta II

Geographical expansion of Lenta discount store Agribusiness


chain.

Private

2006

36,064

10,403

10,403

Russia

Direct
investment

Russia Small Business Fund

Transcapital Bank

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

Small business Private


finance

2007

4,161

2,774

2,774

Russia

Direct
investment

ChTPZ Steel

Loan to construct a steel plant to produce


components for pipes.

Manufacturing
and services

Private

2007

305,995

27,442

27,442

Russia

Direct
investment

ChTPZ Group Modernisation

Loan to refinance existing loans and to fund the


construction of a finishing centre at Pervoural.

Manufacturing
and services

Private

2007

119,999

34,782

34,782

Russia

Direct
investment

Regional Trade Facilitation


Programme

MDM

Support for foreign trade.

Bank lending

Private

2007

270

135

135

270

All investments 1991- 2009

Sub project

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Russia

Direct
investment

Russia Small Business Fund

Probusiness Bank

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

Small business Private


finance

Russia

Direct
investment

Stora Enso Multi-project


Facility

Lukhovitsy

Modernisation and/or construction of new plants Manufacturing


supplying paper and packaging manufacturer
and services
Stora Enso.

Russia

Direct
investment

Russia Small Business Fund

Absolut Bank

Russia

Direct
investment

Troika Russia New Growth


Fund

Russia

Direct
investment

Russia

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

2006

6,935

4,855

4,855

Private

2006

73,000

15,000

15,000

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

Small business Private


finance

2006

6,935

5,548

5,548

Investment in a private equity fund.

Equity funds

Private

2006

128,568

24,539

24,539

Bank Kazansky

Loan for on-lending to small and medium-sized


enterprises.

Bank lending

Private

2007

2,974

2,974

2,974

Direct
investment

LG Russia

Construction and operation of a production facility Manufacturing


for affordable, high-quality digital electronic
and services
equipment and white goods.

Private

2006

83,224

6,935

6,935

Russia

Direct
investment

Stora Enso Multi-project


Facility

Setles II

Modernisation and/or construction of new plants Manufacturing


supplying paper and packaging manufacturer
and services
Stora Enso.

Private

2006

31,750

7,000

7,000

Russia

Direct
investment

Stora Enso Multi-project


Facility

Nebolchi II

Modernisation and/or construction of new plants Manufacturing


supplying paper and packaging manufacturer
and services
Stora Enso.

Private

2006

50,000

14,000

14,000

Russia

Direct
investment

AR Carton

Loan to finance the construction of a new


production unit iin St Petersburg.

Private

2007

18,250

9,000

9,000

Russia

Direct
investment

KMB Bank

Participation in capital increase to raise funding to Small business Private


micro, small and medium-sized businesses.
finance

2006

42,335

36,043

36,043

All investments 1991- 2009

Manufacturing
and services

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Russia

Direct
investment

Center-Invest Bank

Equity increase to allow continued growth.

Bank equity

Private

2006

12,534

12,534

12,534

Russia

Direct
investment

Sumitomo Leasing

OAO Razrez Kiselevskiy

Lease financing for Russian companies


modernising their construction and mining
machinery.

Manufacturing
and services

Private

2006

283

283

283

Russia

Direct
investment

Sumitomo Leasing

OAO Nizhne-Lenskoe

Lease financing for Russian companies


modernising their construction and mining
machinery.

Manufacturing
and services

Private

2006

483

483

483

Russia

Direct
investment

Sumitomo Leasing

ZAO Chernigovets

their construction and mining machinery.

Manufacturing
and services

Private

2006

643

643

643

Russia

Direct
investment

RSB auto loan securitisation

Investment to enable easier provision of


consumer automobile loans.

Insurance and
financial
services

Private

2006

245,000

20,000

20,000

Russia

Direct
investment

OAO Autocrane

Loan to enable company to improve corporate


governance and business practices.

Manufacturing
and services

Private

2007

27,741

13,871

13,871

Russia

Regional
investment

Centras Private Equity Fund

Private equity fund investing in companies


operating in or exporting products or services
from Kazakhstan, Russia and Central Asia.

Equity funds

Private

2007

629

629

629

Russia

Direct
investment

Rosvodokanal

Loan to finance rehabilitation and upgrade of the Municipal and


water and wastewater infrastructure.
environmental
infrastructure

Private

2008

396,010

34,321

34,321

Russia

Direct
investment

Private Equity Fund CoInvestment Facility

Hansastroi

Equity investment in a real estate company in St Manufacturing


Petersburg.
and services

Private

2007

32,700

5,000

5,000

Russia

Direct
investment

Soufflet Multi-project Facility

Agro Rus ACL 2007

Local currency working capital financing of malt


for barley production.

Private

2007

10,979

10,979

10,979

All investments 1991- 2009

Agribusiness

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Russia

Direct
investment

TransContainer

Equity stake in Russia's largest rail container


operator.

Transport

State

2007

133,035

133,035

133,035

Russia

Direct
investment

OGK-5

Acquisition of shares in a thermal generating


company, providing capital for upgrade work.

Power and
energy

Private

2006

25,926

25,926

25,926

Russia

Direct
investment

Lenta Hypermarkets III

Equity investment to promote further expansion


of the hypermarket chain.

Agribusiness

Private

2007

92,593

92,593

92,593

Russia

Direct
investment

Vostochny Express

Credit line for mortgage lending in Russia's Far


East.

Bank lending

Private

2007

9,152

4,576

4,576

Russia

Direct
investment

Guardian Russia

Loan to finance greenfield construction of a glass Manufacturing


production plant in Ryazan.
and services

Private

2007

141,859

49,193

49,193

Russia

Direct
investment

Ufa waste water

State

2007

14,719

11,440

11,440

Russia

Regional
investment

Accession Mezzanine Capital II -

Municipal and
Loan to finance priority capital investments to
improve the water and waste-water infrastructure environmental
infrastructure
and services, thus decreasing the level of
pollution reaching the Volga River and the
Caspian Sea.
Private equity fund investing in central and south- Equity funds
eastern European as well as Russia and Ukraine.

Private

2007

20,000

4,000

4,000

Russia

Direct
investment

TGK-1

Investment in heating network.

Power and
energy

Private

2006

108,001

28,000

28,000

Russia

Regional
investment

Baring Vostok Private Equity


Fund IV

Private equity fund investing in middle-market


enterprises.

Equity funds

Private

2007

582,481

16,561

16,561

Russia

Direct
investment

Azbuka Vkusa

Support for expansion of a retail chain.

Agribusiness

Private

2008

34,676

20,806

20,806

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Russia

Direct
investment

Russia Small Business Fund

Vostochny Express Bank

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

Small business Private


finance

Russia

Direct
investment

Khanty-Mansi Municipal
Services Development
Programme

Pyt'Ya

Improving heating and water services in Siberia. Municipal and


environmental
infrastructure

Russia

Direct
investment

Russia Small Business Fund

Spurt Bank

Credit line to a leading bank in Tatarstan for onlending to small and medium-sized businesses.

Russia

Direct
investment

Russia Small Business Fund

Chelindbank

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

Russia

Direct
investment

Viatra II

Russia

Direct
investment

Russia

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

2007

10,296

8,466

8,466

2008

13,728

8,008

8,008

Small business Private


finance

2007

2,974

1,830

1,830

Small business Private


finance

2007

5,949

4,805

4,805

Support for restructuring and consolidation of the Telecoms,


Private
outdoor advertising sector and expansion of the informatics and
overall advertising industry in Russia.
media

2007

5,344

5,344

5,344

Center-Invest Bank

Credit line to finance mortgages, energy


efficiency loans and small and medium-sized
business loans.

Private

2007

21,394

10,697

10,697

Direct
investment

Daido Metal Russia

Loan to help finance the purchase of an existing Manufacturing


auto parts manufacturer in Nizhny Novgorod.
and services

Private

2007

13,377

2,974

2,974

Russia

Direct
investment

Bank Kedr

Loan for on-lending to small and medium-sized


enterprises.

Bank lending

Private

2007

9,152

9,152

9,152

Russia

Direct
investment

DeltaCredit Bank

Securitisation of residential mortgage-backed


securities.

Insurance and
financial
services

Private

2007

6,935

6,935

6,935

Russia

Regional
investment

Heitman Russia and Ukraine


Property Partners

Property and
Equity investment to develop,
reconstruct, acquire, own and manage real estate tourism
property in Russia and Ukraine.

Private

2007

58,632

375

375

All investments 1991- 2009

Bank lending

State

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Russia

Direct
investment

Monetka

Support for expansion of a regional food retailer. Agribusiness

Private

2008

104,031

13,871

13,871

Russia

Direct
investment

Kaliningrad water and


environmental upgrade

Finance for infrastructure investments necessary Municipal and


to improve water supply and waste-water
environmental
services.
infrastructure

State

2009

21,800

12,000

12,000

Russia

Regional
investment

Clean Globe Oil Spill


Investment

Equity investment in oil spill response centres.

Natural
Resources

Private

2007

7,820

920

920

Russia

Regional
investment

Imperial Mining

Exploration and development of base metal and Natural


precious metal licences.
Resources

Private

2008

22,785

7,527

7,527

Russia

Direct
investment

OGK-5

Equity investment in the Russian power sector.

Power and
energy

Private

2008

2,500,000

175,000

175,000

Russia

Direct
investment

NBD Bank

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

Bank lending

Private

2007

13,871

3,468

3,468

Russia

Direct
investment

Detsky Mir

Loan for expansion of the retail network.

Manufacturing
and services

Private

2008

34,676

20,806

20,806

Russia

Direct
investment

Far Eastern Shipping


Company

Equity investment to develop a transportation


network.

Transport

Private

2008

77,429

77,429

77,429

Russia

Direct
investment

Russia Small Business Fund

NBD Bank

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

Small business Private


finance

2007

4,347

2,974

2,974

Russia

Direct
investment

Regional Venture Funds

Eagle Urals Fund

Supports businesses in Perm, Sverdlorsk and


Chelyabinsk.

Equity funds

1994

29,683

29,683

29,683

All investments 1991- 2009

Sector

Portfolio
Class

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Russia

Direct
investment

Regional Venture Funds

North-West and West


Russia

Supports businesses in north-west and west


Russia.

Equity funds

Private

1995

82,135

82,135

82,135

Russia

Direct
investment

Regional Venture Funds

Far East and East Siberia

Supports businesses in far east and east Siberia. Equity funds

Private

1994

11,489

11,489

11,489

Russia

Direct
investment

Regional Venture Funds

North-West and West


Russia

Supports businesses in north-west and west


Russia.

Equity funds

Private

1995

29,257

29,257

29,257

Russia

Direct
investment

Regional Venture Funds

West Siberia

Supports businesses in Novosibirsk, Altay,


Tomsk and Kemerovo.

Equity funds

Private

1995

25,129

25,129

25,129

Russia

Direct
investment

Regional Venture Funds

Southern Russia

Supports businesses in southern Russia.

Equity funds

Private

1995

5,732

5,732

5,732

Russia

Direct
investment

Regional Venture Funds

Eagle Black Earth Fund

Supports businesses in the Black Earth region in Equity funds


south-eastern Russia.

Private

1996

22,530

22,530

22,530

Russia

Direct
investment

Regional Venture Funds

Eagle Smolensk Fund

Supports businesses in the Smolensk region.

Equity funds

Private

1994

8,213

8,213

8,213

Russia

Direct
investment

Russia Small Business Fund

Locko Bank

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

Small business Private


finance

2007

7,779

5,949

5,949

Russia

Direct
investment

Regional Venture Funds

St Petersburg

Supports businesses in the St Petersburg and


Leningrad region.

Equity funds

Private

1994

29,516

29,516

29,516

Russia

Direct
investment

Regional Venture Funds

Central Russia

Supports businesses in Nizhny Novgorod,


Ivanovo, Kostroma, Vladmir and Yaroslavl.

Equity funds

Private

1995

25,614

25,614

25,614

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Russia

Regional
investment

Troika Dialogue

Loan to encourage development of financial


intermediation in Russia and the CIS and foster
competition on the local capital markets.

Insurance and
financial
services

Private

2007

81,316

34,850

34,850

Russia

Direct
investment

Russia Small Business Fund

Center-Invest Bank

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

Small business Private


finance

2007

5,949

3,661

3,661

Russia

Direct
investment

Russia Small Business Fund

RosevroBank

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

Small business Private


finance

2007

14,186

11,898

11,898

Russia

Direct
investment

Enforta

Equity investment in Russian telecoms operator


to enable provision of broadband services to
Russian regions.

Telecoms,
Private
informatics and
media

2007

4,314

4,314

4,314

Russia

Direct
investment

Russia Small Business Fund

UraltransBank

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

Small business Private


finance

2007

5,949

3,661

3,661

Russia

Regional
investment

I Fund

Co-financing for small and medium-sized


enterprises.

Equity funds

Private

1995

5,967

5,967

5,967

Russia

Regional
investment

Russia Partners III

agribusinesses in Kazakhstan and Russia.

Equity funds

Private

2007

34,169

34,169

34,169

Russia

Direct
investment

Wienerberger Russia II

Financing the construction of a brick


manufacturing plant near Kazan.

Manufacturing
and services

Private

2007

3,894

3,894

3,894

Russia

Direct
investment

TGK-9

Support for the enhancement of energy efficiency Power and


in generation, upgrade of infrastructure and
energy
industrial growth.

Private

2007

139,162

139,162

139,162

Russia

Direct
investment

SREI Leasing

Financing to help the company to increase its


Insurance and
leasing portfolio and reach more local small and financial
medium-sized companies in Russia.
services

Private

2007

1,415

1,415

1,415

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Russia

Direct
investment

Globus

Loan for the construction and operation of


hypermarkets around the Moscow region.

Agribusiness

Private

2008

134,470

45,592

45,592

Russia

Direct
investment

Petrovax

Local currency investment for pharmaceutical


company expansion.

Manufacturing
and services

Private

2008

18,184

18,184

18,184

Russia

Direct
investment

Europlan

Local currency loan for on-lending to small and


medium-sized enterprises in Russia.

Insurance and
financial
services

Private

2008

13,728

13,728

13,728

Russia

Direct
investment

Volkswagen Rus

Loan to Volkswagen Rus for construction of an


auto production plant near Kaluga.

Manufacturing
and services

Private

2007

599,119

119,824

119,824

Russia

Direct
investment

Taganrog Teploenergo

Equity participation to support the upgrade of


district heating infrastructure increase energy
efficiency.

Municipal and
environmental
infrastructure

Private

2007

3,739

1,869

1,869

3,739

Russia

Regional
investment

Baring Vostok Private Equity


Supplemental Fund

Private equity fund investing in Russia,


Kazakhstan and Ukraine.

Equity funds

Private

2007

250,134

27,699

27,699

Russia

Direct
investment

IPL

Leasing of rolling stock to private rail operators.

Transport

Private

2007

105,396

45,426

45,426

Russia

Direct
investment

Credit Bank of Moscow

Credit line to support the efforts of the bank to


develop SME lending further.

Bank lending

Private

2008

6,935

3,468

3,468

Russia

Direct
investment

SKB Bank

Loan to finance development and expansion.

Bank lending

Private

2007

13,338

13,338

13,338

Russia

Direct
investment

Neva Discharge

Modernisation of wastewater treatment plant.

Municipal and
environmental
infrastructure

State

2009

90,000

17,500

17,500

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Russia

Direct
investment

Russia Small Business Fund

Finca (Samara)

Loan for on-lending to small and medium-sized


enterprises.

Small business Private


finance

2009

4,118

2,018

2,018

Russia

Regional
investment

Kazakhstan Growth Fund

Equity investments to strengthen private


companies.

Equity funds

Private

2008

1,517

1,387

1,387

Russia

Direct
investment

Regional Trade Facilitation


Programme

ICICI Bank Eurasia

Support for foreign trade.

Bank lending

Private

2008

694

347

347

694

Russia

Direct
investment

Stora Enso Multi-project facility -

Greenfield construction of packaging plant in


Balbanovo.

Manufacturing
and services

Private

2007

23,100

5,850

5,850

Russia

Direct
investment

Multi-product framework for


medium-sized banks

Transcapital Bank

Support for expansion of bank's operations.

Bank equity

Private

2008

5,102

5,102

5,102

Russia

Regional
investment

Russian Developer Fund

Equity investment to support real estate


developers in Armenia, Azerbaijan, Belarus,
Georgia, Kazakhstan, Kyrgyzstan, Moldova,
Russia, Tajikistan, Ukraine and Uzbekistan.

Property and
tourism

Private

2008

92,903

18,653

18,653

Russia

Direct
investment

Khanty Mansi District Heating -

Modernisation of district heating networks and


heat generating facilities.

Municipal and
environmental
infrastructure

State

2009

41,169

29,745

29,745

Russia

Direct
investment

Irkutsk Oil and Gas Company -

Financing for a gas recycling project in eastern


Siberia.

Natural
Resources

Private

2009

121,466

90,000

90,000

Russia

Regional
investment

Westdeutsche Allgemeine
Zeitung

Equity investment for development and


expansion of WAZ Media Group into new
markets across central and eastern Europe and
the CIS.

Telecoms,
Private
informatics and
media

2008

21,500

10,000

10,000

Russia

Direct
investment

Krasnodar Glass Packaging


Plant

Finance to support the construction of a


greenfield bottling plant in Krasnodar.

Agribusiness

2008

76,719

22,212

22,212

All investments 1991- 2009

Portfolio
Class

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Russia

Direct
investment

Independent Leasing Equity


Investment

Finance for expansion of a leasing company.

Insurance and
financial
services

Private

2008

2,952

2,952

2,952

Russia

Direct
investment

Taganrog District Heating


Company

Finance for rehabilitation and upgrade of district


heating infrastructure in Taganrog.

Municipal and
environmental
infrastructure

Private

2008

5,057

5,057

5,057

Russia

Direct
investment

Russia Small Business Fund

Spurt Bank II

Credit line to a leading bank in Tatarstan for onlending to small and medium-sized businesses.

Small business Private


finance

2007

2,974

1,830

1,830

Russia

Direct
investment

OGK-5

Rehabilitation and replacement of units at


Nevinnomysk power plant.

Power and
energy

Private

2009

409,000

120,000

120,000

Russia

Direct
investment

Lukoil

Modernisation of TGK-8 power plants.

Power and
energy

Private

2009

317,633

104,028

104,028

Russia

Direct
investment

Irkutsk Oil and Gas Company -

Equity investment to reduce greenhouse gas


emissions.

Natural
Resources

Private

2008

54,520

54,520

54,520

Russia

Direct
investment

Sinara Transport Machines

Loan for development of railway transport.

Manufacturing
and services

Private

2008

200,430

45,079

45,079

Russia

Direct
investment

Center-Invest Bank

To finance residential mortgages to individuals,


energy efficiency and other projects of local
companies and SMEs.

Bank lending

Private

2008

13,871

13,871

13,871

Russia

Direct
investment

Regional Trade Facilitation


Programme

MasterBank

Support for foreign trade.

Bank lending

Private

2008

5,362

2,681

2,681

5,362

Russia

Direct
investment

Russia Small Business Fund

SovComBank

Financing for micro and small enterprises.

Small business Private


finance

2008

11,211

9,152

9,152

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Russia

Direct
investment

Kuzbassky Pischekombinat

Financing for the mid-term investment


programme of a pig breeding and meat
processing company.

Agribusiness

Private

2009

21,200

10,000

10,000

Russia

Direct
investment

Russia Small Business Fund

UraltransBank

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

Small business Private


finance

2008

8,322

8,198

8,198

Russia

Direct
investment

Russia Small Business Fund

MasterBank

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

Small business Private


finance

2008

5,354

2,631

2,631

Russia

Direct
investment

Bank St Petersburg

Syndicated loan for on-lending to enterprises


Bank lending
including trade finance, small and medium-sized
loans and retail.

Private

2008

69,353

17,338

17,338

Russia

Direct
investment

Credit Bank of Moscow

Finance for on-lending to small and mediumsized enterprises.

Bank lending

Private

2008

69,352

20,806

20,806

Russia

Regional
investment

UFG Private Equity Fund II

Investment in a private equity fund that targets


medium-sized enterprises in the CIS.

Equity funds

Private

2009

31,331

31,331

31,331

Russia

Direct
investment

Globaltrans

Finance to support railway reform programme in Transport


Russia.

Private

2008

31,879

31,879

31,879

Russia

Direct
investment

Sovcombank

Two loans for on-lending to micro, small and


Bank lending
medium-sized enterprises in Central Russia, the
Far East, Siberia and the Urals.

Private

2008

12,127

12,127

12,127

Russia

Direct
investment

Rosevrobank

Senior loan for on-lending to small and medium- Bank lending


sized enterprises in Moscow, St Petersburg and
Russian regions.

Private

2008

20,806

20,806

20,806

Russia

Direct
investment

Freight One

Loan for rail fleet renovation.

State

2008

386,242

90,159

90,159

All investments 1991- 2009

Transport

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Russia

Direct
investment

Komatsu manufacturing

Equity investment in Komatsu to support a


greenfield plant producing construction
machinery.

Manufacturing
and services

Private

2009

72,127

5,548

5,548

Russia

Regional
investment

Aqualia Investment Venture

Equity in a new company that invests in water


concessions and acquires other privately held
water groups.

Municipal and
environmental
infrastructure

Private

2009

65,306

32,000

32,000

Russia

Direct
investment

Volga Industrial Park

Long-term finance for energy-efficient warehouse Property and


facilities in Nizhny Novgorod.
tourism

Private

2008

62,735

34,200

34,200

Russia

Direct
investment

Rasec Vostok

Finance for building material and DIY retail


company.

Manufacturing
and services

Private

2008

17,000

3,450

3,450

Russia

Direct
investment

Russian Communal Systems

Financing for consolidation of Russias largest


private municipal operator.

Municipal and
environmental
infrastructure

Private

2008

43,473

43,473

43,473

Russia

Direct
investment

North Expedition

Expansion of exploration drilling facilities.

Natural
Resources

Private

2008

104,029

34,676

34,676

Russia

Regional
investment

Macquarie Renaissance
Infrastructure Fund

Supporting infrastructure projects in Kazakhstan, Transport


Russia and Ukraine.

Private

2008

190,721

34,676

34,676

Russia

Direct
investment

Integra

Supporting an oilfield services company to


Natural
provide advanced technical solutions to its clients Resources
and improving their energy efficiency standards.

Private

2008

173,381

52,014

52,014

Russia

Direct
investment

Raven Russia Logistics

Construction of a warehouse in Novosibirsk.

Property and
tourism

Private

2009

55,482

27,741

27,741

Russia

Direct
investment

Tata Tea - Grand

Equity stake in a consortium to purchase Grand, Agribusiness


a tea and coffee branding, packaging and
distribution company.

Private

2009

3,279

3,279

3,279

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Russia

Direct
investment

Enforta Expansion

Loan for expansion of wireless broadband


services in regional centres across Russia.

Telecoms,
Private
informatics and
media

2008

10,403

10,403

10,403

Russia

Direct
investment

Spurt Bank

Balance sheet strengthening to enable further


SME lending.

Bank lending

Private

2008

6,935

6,935

6,935

Russia

Direct
investment

Locko Bank

Small and medium-sized enterprise credit line.

Bank lending

Private

2008

11,440

11,440

11,440

Russia

Direct
investment

Center-Invest Bank

To finance residential mortgages to individuals,


energy efficiency and other projects of local
companies and small and medium-sized
enterprises.

Bank lending

Private

2008

13,728

13,728

13,728

Russia

Direct
investment

Can-Pack

Construction of and equipment supply for a new Agribusiness


can production facility in Russia.

Private

2009

81,143

24,274

24,274

Russia

Direct
investment

Russia Sustainable Energy and Promsvyazbank


Carbon Finance Facility

Loan for on-lending to private clients for energy


efficiency projects.

Bank lending

Private

2009

41,612

20,806

20,806

Russia

Direct
investment

Eczacibasi Vitra Plitka

Phase one of the construction of a porcelain tile


factory in Serpuhov.

Manufacturing
and services

Private

2009

21,400

9,000

9,000

Russia

Regional
investment

Mobile TeleSystems

Finance to support mobile network expansion.

Telecoms,
Private
informatics and
media

2008

287,210

88,550

88,550

Russia

Direct
investment

Ruscam-Kirishi drinks
containers

Upgrade and expansion of facilities for a glass


beverage container producer.

Agribusiness

Private

2009

69,129

21,030

21,030

Russia

Direct
investment

Pechora Energy

Loan to finance the initial development of an


Arctic oilfield in the Komi Republic.

Natural
Resources

Private

2008

31,209

5,548

5,548

All investments 1991- 2009

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Russia

Direct
investment

Surgut wastewater collection


and rehabilitation

Upgrade of municipal water infrastructure and


facilities in the city of Surgut.

Municipal and
environmental
infrastructure

State

2009

6,864

4,576

4,576

Russia

Direct
investment

Investment Troika Dialog


Group

Long-term senior loan to finance working capital Insurance and


and reduce reliance on short-term funding.
financial
services

Private

2009

104,029

104,029

104,029

Russia

Direct
investment

TGK-13

Finance for the completion of a coal-fired


combined heat and power plant in the city of
Krasnoyarsk.

Power and
energy

Private

2009

52,015

52,015

52,015

Russia

Direct
investment

Transcapital Bank

Subordinated loan for on-lending.

Bank lending

Private

2008

10,403

10,403

10,403

Russia

Direct
investment

Autocrane II

Balance sheet restructuring and purchase of


machine-building equipment.

Manufacturing
and services

Private

2009

24,274

24,274

24,274

Russia

Direct
investment

Aura Shopping Centre

Financing for the construction and operation of a Property and


shopping centre in Novosibirsk.
tourism

Private

2009

59,999

40,000

40,000

Russia

Regional
investment

Soufflet Agriculture

Loan for working capital.

Private

2009

10,000

10,000

10,000

Russia

Direct
investment

VTB 24

Senior loan to private micro and small enterprises Small business Private
in under-served regions of Russia.
finance

2009

104,029

104,029

104,029

Russia

Direct
investment

Bank Saint-Petersburg

Crisis-response subordinated loan to support the Bank lending


bank's capitalisation.

Private

2009

125,323

52,015

52,015

Russia

Direct
investment

Kalina II

Loan to cosmetics producer to provide support


during the financial crisis.

Private

2009

20,806

20,806

20,806

All investments 1991- 2009

Agribusiness

Manufacturing
and services

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Russia

Direct
investment

Far Eastern Shipping


Company

Senior loan to FESCO as part of the overall


restructuring of its corporate balance sheet.

Transport

Private

2009

322,491

69,353

69,353

Russia

Direct
investment

CenterInvest Bank

Loan for on-lending to small and medium-sized


enterprises.

Bank lending

Private

2009

24,274

24,274

24,274

Russia

Direct
investment

Kalina III

Support for a market player which drives


improvements in competition, governance and
transparency.

Manufacturing
and services

Private

2009

6,935

6,935

6,935

Russia

Direct
investment

Sistema

Financing to increase the groups liquidity and


Manufacturing
ability to support its high-tech sector through the and services
financial crisis.

Private

2009

120,000

120,000

120,000

Russia

Direct
investment

Lafarge Vostok 2

Acquisition, modernisation, expansion,


construction and operation of manufacturing
facilities in the cement, lime, aggregates and
ready-mix concrete sectors.

Manufacturing
and services

Private

2009

380,000

120,000

120,000

Russia

Direct
investment

Promsvyazbank

Provision of additional capital to support one of


Russia's key market players through difficult
economic times.

Bank equity

Private

2009

105,244

105,244

105,244

Russia

Direct
investment

Russian Railways

A loan for balance sheet restructuring, allowing it Transport


to match its assets and liabilities more efficiently.

State

2009

346,765

346,765

346,765

Russia

Direct
investment

Bank Vozrozhdenie

Credit line for on-lending to small and mediumsized enterprises.

Private

2009

24,274

24,274

24,274

Russia

Direct
investment

Surgut Waste Water


Infrastructure Development

Municipal and
Upgrading wastewater collection and transport
infrastructure to allow further urban development environmental
and construction of affordable housing in the new infrastructure
district of the city.

State

2009

46,219

36,609

36,609

Russia

Direct
investment

Multi-product Framework for


Medium-sized Banks

Transcapitalbank Capital
Increase II

Supporting the development of Russian banks by Bank equity


targeting rapidly developing medium-sized
entities that require debt and equity funding to
continue operating.

Private

2009

11,400

11,400

11,400

All investments 1991- 2009

Bank lending

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Russia

Regional
investment

Heitman Eastern European


Property Fund

An equity investment into Heitman European


Property Partners IV, an investment vehicle
pursuing long-term capital appreciation through
real estate investments.

Property and
tourism

Private

2009

100,210

16,500

16,500

Russia

Direct
investment

Russia Small Business Fund

Transcapital Bank

Loan for on-lending to small and medium-sized


enterprises.

Small business Private


finance

2009

6,935

4,855

4,855

Russia

Direct
investment

Borets Group

Loan to finance the production modernisation


programme and working capital needs.

Manufacturing
and services

Private

2009

152,576

69,353

69,353

Russia

Regional
investment

Louis Dreyfus Grain Trade


Finance

Providing stable financing for the increasing


working capital needs of the agricultural
commodities trading activities.

Agribusiness

Private

2009

95,360

26,007

26,007

Russia

Direct
investment

Private Equity Fund CoInvestment Facility

Russian Towers

Equity investment in an independent


communications company.

Telecoms,
Private
informatics and
media

2009

28,781

6,935

6,935

Russia

Direct
investment

Yug Rusi II

The project is a long-term secured, syndicated


corporate loan to provide working capital base
and to finance selected investments aimed at
improving the companys competitiveness.

Agribusiness

Private

2009

104,029

52,015

52,015

Russia

Direct
investment

Volga-Balt Transport Holding


Ltd

Financing part of the acquisition costs of 10 dry


cargo newbuildings of 5,200 dwt each.

Transport

Private

2009

90,155

10,403

10,403

Russia

Direct
investment

Russia Small Business Fund

Bank Vozrozhdenie

Helping one of Russias leading privately owned Small business Private


banks increase lending to the real sector of the finance
economy.

2009

11,096

10,403

10,403

Russia

Regional
investment

Almaz Capital Russia Fund I

The Fund will make equity and equity-related


Equity funds
venture capital investments in companies based
in Russia and the CIS.

Private

2009

60,545

18,725

18,725

Russia

Direct
investment

Vostok Energy

Financing for Vostok Energy to allow it to develop Natural


the western part of Bortovoye field in the Saratov Resources
Region.

Private

2009

57,563

41,612

41,612

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Russia

Regional
investment

Veolia Voda

Capital increase following a previous equity


investment.

Municipal and
environmental
infrastructure

Private

2009

69,300

69,300

69,300

Russia

Direct
investment

Vostok Energy

Financing for Vostok Energy to allow it to develop Natural


the western part of Bortovoye field in the Saratov Resources
Region.

Private

2009

37,692

27,289

27,289

Russia

Direct
investment

NSE Leasing Framework

MRTS-1

Lease financing to Russian companies


modernising or expanding their fleet of
construction and mining machinery.

Manufacturing
and services

Private

2009

4,079

1,199

1,199

Serbia

Regional
investment

Black Sea Fund

Equity investment in medium-sized local


enterprises and facilitation of foreign direct
investment in the region.

Equity funds

Private

1998

4,875

1,962

1,962

Serbia

Direct
investment

Belgrade municipal
infrastructure reconstruction
programme

Improvement of urban transport, water supply,


waste-water treatment and district heating
services.

Municipal and
environmental
infrastructure

State

2001

78,671

40,000

40,000

Serbia

Direct
investment

US/EBRD SME Finance


Facility

ProCredit Bank Serbia

Credit line for on-lending to micro, small and


medium-sized businesses.

Small business Private


finance

2001

33,006

3,176

6,352

9,528

Serbia

Direct
investment

Emergency power
reconstruction project

Rehabilitation and upgrade of thermal and hydro- Power and


generation plants and transmission system.
energy

State

2001

122,064

39,600

39,600

Serbia

Direct
investment

ZTP Belgrade reconstruction

Upgrade of main railway network, including the


purchase of track maintenance machinery and
refurbishment of electric locomotives.

Transport

State

2001

134,988

56,988

56,988

Serbia

Direct
investment

ProCredit Bank Kosovo

Equity investment in specialised microfinance


bank.

Small business Private


finance

2001

7,500

1,250

1,250

Serbia

Direct
investment

City of Nis municipal


infrastructure reconstruction
programme

Purchase of sewer cleaning equipment and


completion of city water main ring.

Municipal and
environmental
infrastructure

2002

11,738

5,548

5,548

All investments 1991- 2009

State

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Serbia

Direct
investment

Tigar Pirot

Expansion of tyre maker's activities.

Manufacturing
and services

Private

2001

1,790

1,790

1,790

Serbia

Direct
investment

Fresh and Co

Expansion of fruit juice operations and distribution Agribusiness


network.

Private

2003

46,042

12,500

12,500

Serbia

Direct
investment

Belgrade district heating


rehabilitation programme

Improvement of district heating in Belgrade.

Municipal and
environmental
infrastructure

State

2001

28,786

20,000

20,000

Serbia

Direct
investment

Raiffeisen Bank

Financing for small and medium-sized


enterprises.

Bank lending

Private

2002

12,500

12,500

12,500

Serbia

Direct
investment

Road recovery project

Republic of Serbia

Upgrade of priority road links throughout Serbia. Transport

State

2002

196,863

76,000

76,000

Serbia

Direct
investment

Hemofarm

Expansion and upgrade of pharmaceutical


facilities.

Manufacturing
and services

Private

2002

24,152

17,952

17,952

Serbia

Direct
investment

City of Novi Sad municipal


infrastructure reconstruction
programme

Improvement to waste-water collection and


treatment.

Municipal and
environmental
infrastructure

State

2002

5,818

1,938

1,938

Serbia

Direct
investment

Eksimbanka

Equity investment in Eksimbanka.

Bank equity

Private

2002

4,500

1,310

1,310

Serbia

Regional
investment

Black Sea Fund

Equity investment in medium-sized local


enterprises and facilitation of foreign direct
investment in the region.

Equity funds

Private

2002

6,895

2,098

2,098

Serbia

Direct
investment

City of Kragujevac municipal


infrastructure reconstruction
programme

Supply and installation of consumer meters,


Municipal and
improvements to water supply distribution system environmental
and waste-water collection network.
infrastructure

State

2002

6,719

3,939

3,939

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Serbia

Direct
investment

City of Subotica municipal


infrastructure reconstruction
programme

Modernisation of waste-water treatment plant.

Municipal and
environmental
infrastructure

State

2004

18,120

9,000

9,000

Serbia

Direct
investment

EPS Power II

Modernisation of lignite mine equipment and


upgrade of the power system.

Power and
energy

State

2003

152,160

60,000

60,000

Serbia

Direct
investment

Volksbank Serbia

Equity investment in Volksbank Serbia.

Bank equity

Private

2003

28,157

5,391

5,391

Serbia

Regional
investment

Orco Aparthotels

Expansion of extended-stay hotel chain.

Property and
tourism

Private

2003

17,725

1,263

632

1,895

Serbia

Regional
investment

Air traffic management


modernisation and upgrade

Modernisation of the Belgrade and Podgorica air Transport


traffic control centres and corresponding
infrastructure.

State

2005

102,948

30,820

30,820

Serbia

Regional
investment

Marbo

Regional expansion of snack food producer's


operations.

Agribusiness

Private

2003

22,939

9,100

9,100

Serbia

Regional
investment

Carmeuse Eastern Europe

Expansion of lime producers operations in


Serbia.

Manufacturing
and services

Private

2004

680

79

79

Serbia

Direct
investment

Frikom

Modernisation of production facilities and


Agribusiness
expansion of ice cream and frozen food producer.

Private

2004

43,028

10,100

10,100

Serbia

Direct
investment

SFIR

Fabrika Secera Te-To


Senta A.D

Commodity lending to sugar processor, enabling Agribusiness


the purchase of raw materials.

Private

2003

14,000

9,000

9,000

Serbia

Direct
investment

Belgrade to Novi Sad


Motorway

Upgrading of a 65 km section of road from


Belgrade to Novi Sad and construction of a
bridge across the Danube.

State

2005

211,400

72,000

72,000

All investments 1991- 2009

Transport

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Serbia

Direct
investment

GTC House Belgrade

Development, construction, letting and


management of office development.

Property and
tourism

Private

2003

30,978

11,500

11,500

Serbia

Regional
investment

Raiffeisen International

Equity investment supporting growth of Raiffeisen Bank equity


International's business in Bosnia and
Herzegovina.

Private

2004

10,000

5,000

5,000

Serbia

Regional
investment

TUI advance payments

Upgrade and expansion of hotels in Serbia.

Property and
tourism

Private

2003

405

405

405

Serbia

Direct
investment

Eksimbanka

Equity investment in Eksimbanka.

Bank equity

Private

2003

690

690

690

Serbia

Regional
investment

Grand

Cross-border expansion of coffee producer's


operations and product development.

Agribusiness

Private

2003

9,500

2,750

2,750

Serbia

Direct
investment

HVB Bank

Financing for small and medium-sized


agribusiness enterprises.

Bank lending

Private

2003

3,000

3,000

3,000

Serbia

Regional
investment

Advent Central and Eastern


Europe Successor Fund

Private equity fund investing in Serbia.

Equity funds

Private

2004

33,047

5,000

5,000

Serbia

Direct
investment

Banque Socit Gnrale


Yugoslav Bank

Diversification of bank's capital base.

Bank lending

Private

2003

8,500

8,500

8,500

Serbia

Direct
investment

SFIR

Star Secer A.D

Commodity lending to sugar processor, enabling Agribusiness


the purchase of raw materials.

Private

2003

7,000

7,000

7,000

Serbia

Direct
investment

US/EBRD SME Finance


Facility

ProCredit Bank Serbia

Credit line for on-lending to micro, small and


medium-sized businesses.

Small business Private


finance

2003

6,000

5,900

5,900

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Serbia

Direct
investment

Hemofarm

Construction of pharmaceutical packaging and


production facility.

Manufacturing
and services

Private

2004

24,884

11,000

11,000

Serbia

Direct
investment

HVB Bank Yugoslavia


mortgage loan

Credit line providing long-term mortgage loans.

Bank lending

Private

2004

10,293

10,293

10,293

Serbia

Direct
investment

Western Balkans SME Finance Cacanska Banka


Facility

Credit line to Cacanska Banka for on-lending to


small and medium-sized businesses.

Bank lending

Private

2004

5,000

5,000

5,000

Serbia

Regional
investment

Southeast Europe Equity Fund II

Equity fund investing in private funds in southeastern Europe.

Equity funds

Private

2005

7,247

7,247

7,247

Serbia

Direct
investment

SBB

Expansion of cable network and introduction of


new services, including broadband.

Telecoms,
Private
informatics and
media

2004

25,990

10,660

5,330

15,990

Serbia

Direct
investment

Sava River Crossing

Construction of a bridge to relieve traffic


Municipal and
congestion, noise and traffic-related air pollution. environmental
infrastructure

State

2006

343,397

49,600

49,600

Serbia

Direct
investment

SFIR

Fabrika Secera Te-To


Senta A.D

Commodity lending to sugar processors to allow Agribusiness


for purchase of raw materials

Private

2004

7,000

6,125

6,125

Serbia

Direct
investment

Cacanska Banka

Equity investment to fund continued growth and


as a first step towards full privatisation.

Private

2006

15,000

15,000

15,000

Serbia

Direct
investment

Sevojno Rolling Mill - long term loan

Modernisation and construction of new equipment Manufacturing


to improve capacity, efficiency and quality of
and services
operations.

Private

2005

30,100

14,000

14,000

Serbia

Direct
investment

Western Balkans SME Finance Kasabank


Facility

Credit line for on-lending to small and mediumsized businesses

Private

2005

2,000

2,000

2,000

All investments 1991- 2009

Bank equity

Bank lending

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Serbia

Regional
investment

Europolis II

Development of commercial property projects.

Property and
tourism

Private

2004

34,325

3,247

4,330

7,577

Serbia

Direct
investment

Raiffeisen Bank mortgage loan -

Credit line providing long-term mortgage loans.

Bank lending

Private

2004

10,000

10,000

10,000

Serbia

Direct
investment

Banque Socit Gnrale


Yugoslav mortgage loan

Credit line providing long-term mortgage loans.

Bank lending

Private

2004

2,000

2,000

2,000

Serbia

Direct
investment

Ball Packaging Belgrade

Construction of aluminium can production facility. Manufacturing


and services

Private

2004

5,000

5,000

5,000

Serbia

Direct
investment

ProCredit Bank Serbia

Equity investment in bank.

Small business Private


finance

2004

25,007

3,834

3,834

7,667

Serbia

Direct
investment

Volksbank Serbia

Credit line for on-lending to small and mediumsized businesses

Bank lending

Private

2005

10,000

10,000

10,000

Serbia

Direct
investment

Serbian Railways

Purchase of freight wagons to increase efficiency. Transport

State

2006

161,600

60,000

60,000

Serbia

Direct
investment

Ball Packaging Belgrade

Construction of aluminium can production facility. Manufacturing


and services

Private

2004

53,000

15,000

15,000

Serbia

Direct
investment

SFIR

Star Secer A.D

Commodity lending to sugar processors to allow Agribusiness


for purchase of raw materials

Private

2004

9,000

7,875

7,875

Serbia

Direct
investment

Regional Trade Facilitation


Programme

Cacanska Banka

Support for foreign trade.

Private

2004

242

242

242

All investments 1991- 2009

Bank lending

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Serbia

Regional
investment

Global Property Fund

Equity investment in property.

Property and
tourism

Private

2005

30,000

6,900

6,900

Serbia

Regional
investment

Argus Capital Partners II

Private equity fund supporting medium-sized


enterprises. Successor to the Argus Capital
Partners fund.

Equity funds

Private

2005

200

200

200

Serbia

Direct
investment

Western Balkans SME Finance Metals Banka


Facility

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

Bank lending

Private

2006

7,640

7,000

7,000

Serbia

Direct
investment

SFIR

Working capital financing for SFIR, a sugar


processing company.

Agribusiness

Private

2005

27,700

7,000

7,000

Serbia

Direct
investment

Western Balkans SME Finance RZB Leasing Belgrade


Facility

Credit line for on-lending to local small and


medium-sized businesses.

Insurance and
financial
services

Private

2006

10,000

10,000

10,000

Serbia

Direct
investment

Komercijalna Banka

Equity investment for improving facilities,


including IT and staff training, leading to full
privatisation.

Bank equity

Private

2006

77,631

77,631

77,631

Serbia

Direct
investment

GTC Belgrade

Development, construction, letting and


management of office development.

Property and
tourism

Private

2005

23,400

8,200

8,200

Serbia

Regional
investment

European Fund for Southeast Europe

Privately managed public/private investment fund Small business Private


which will provide financing for micro, small and finance
medium-sized businesses as well as housing and
rural finance in south-eastern Europe.

2006

6,000

6,000

6,000

Serbia

Direct
investment

Belgrade Highway and Bypass -

Loan to upgrade infrastructure and reduce traffic Transport


flow problems.

State

2007

285,600

80,000

80,000

Serbia

Direct
investment

Somboled

Modernisation and development of a dairy


company.

Private

2006

25,637

1,700

1,700

All investments 1991- 2009

Agribusiness

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Serbia

Regional
investment

Bluehouse equity fund

Serbia

Regional
investment

Global Finance SEE Fund

Property and
Equity investment in Bluehouse Accession
tourism
Property, a fund acquiring, developing,
renovating, owning and managing property in
Bulgaria, Croatia, Moldova, Romania, Serbia and
Ukraine.
Regional private equity fund investing in south- Equity funds
eastern Europe.

Serbia

Direct
investment

Western Balkans MSME


Framework

Opportunity Bank (Serbia)

Serbia

Direct
investment

Western Balkans MSME


Framework

Opportunity Bank (Serbia) Credit line for on-lending to micro, small and
medium-sized businesses.

Serbia

Direct
investment

Western Balkans MSME


Framework

Serbia

Direct
investment

Serbia

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

Private

2006

7,627

1,250

1,250

Private

2007

9,626

9,606

9,606

Funds for on-lending and leasing to micro, small Small business Private
and medium-sized enterprises and non-bank
finance
microfinance institutions.

2008

5,000

5,000

5,000

Small business Private


finance

2006

2,999

2,999

2,999

FINCA (Kosovo)

Support for the financial sector and promotion of Small business Private
best practice in corporate governance.
finance

2008

3,000

3,000

3,000

Raiffeisen Bank Kosovo

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

Bank lending

Private

2006

10,375

10,000

10,000

Regional
investment

BSR Europe Co-Investment


Facility

Equity investment in a company developing


Property and
office, retail, residential and industrial real estate tourism
in Serbia.

Private

2006

10,000

3,500

3,500

Serbia

Regional
investment

Alpha CEE II

Diversified regional private equity fund dedicated Equity funds


to central and eastern Europe.

Private

2006

2,500

2,500

2,500

Serbia

Regional
investment

Royalton Partners II

Equity financing for local service providers.

Equity funds

Private

2007

5,000

5,000

5,000

Serbia

Direct
investment

Soko Stark

Loan to a leading confectionery company for


modernisation and restructuring.

Agribusiness

Private

2006

26,500

10,000

10,000

All investments 1991- 2009

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Serbia

Direct
investment

HVB Group Debt Facility


Framework

Banka Srbija i Crna Gora


Mortgage Loan II

Credit lines for on-lending as long-term mortgage Bank lending


loans.

Private

2006

10,669

10,669

10,669

Serbia

Regional
investment

Balkan Accession Fund

Finance provided to a private equity fund


investing in medium-sized businesses.

Private

2006

10,490

2,240

2,240

Serbia

Regional
investment

Europolis III

Private

2006

7,425

630

945

1,575

Serbia

Direct
investment

Duboko Solid Waste

Property and
Equity investment allowing the creation of a
regional portfolio of property assets in Bosnia and tourism
Herzegovina, Bulgaria, FYR Macedonia,
Montenegro, Romania, Russia, Serbia and
Ukraine.
Finance for construction of the regional solid
Municipal and
waste landfill.
environmental
infrastructure

State

2008

12,100

5,000

5,000

Serbia

Direct
investment

New Bank of Kosova

Credit line for on-lending to micro and small


businesses.

Bank lending

Private

2006

2,000

2,000

2,000

Serbia

Direct
investment

Agricultural Commodity
Financing Programme

Mladost Sid

Loan to local edible oil producer Mladost-Sid to


increase production.

Agribusiness

Private

2006

10,000

10,000

10,000

Serbia

Direct
investment

New Bank of Kosova

Credit line for on-lending to micro and small


businesses.

Small business Private


finance

2006

1,000

1,000

1,000

Serbia

Direct
investment

EBRD/Italy Western Balkans


Local Enterprise Facility

Euro Fat

Investment in local business Euro Fat, a Kosovo- Manufacturing


based producer of insulating panels.
and services

Private

2006

1,300

1,300

1,300

Serbia

Regional
investment

AIG New Europe Fund II

Equity funds
Regional private equity fund investing in equity
and equity securities of companies in central and
south-eastern Europe, subsidiary of AIG Global
Investment Group.

Private

2006

5,000

5,000

5,000

Serbia

Direct
investment

Western Balkans MSME


Framework

Kosovo Enterprise Project

Credit line for on-lending to micro, small and


medium-sized businesses.

Small business Private


finance

2006

3,000

3,000

3,000

All investments 1991- 2009

Sector

Equity funds

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Serbia

Direct
investment

ProCredit Bank Serbia

Equity investment in bank providing finance for


micro and small businesses.

Small business Private


finance

2006

4,333

4,333

4,333

Serbia

Direct
investment

Regional Trade Facilitation


Programme

Komercijalna Banka

Support for foreign trade.

Bank lending

Private

2007

3,160

3,160

3,160

Serbia

Direct
investment

JKR Resource

Equity investment in the river aggregates and


roads maintenance sectors.

Manufacturing
and services

Private

2006

21,700

7,233

14,467

21,700

Serbia

Direct
investment

HVB Group Debt Facility


Framework

Banka Srbija i Crna Gora


Mortgage Loan III

Credit lines for on-lending as long-term mortgage Bank lending


loans.

Private

2006

11,007

11,007

11,007

Serbia

Regional
investment

Accession Mezzanine Capital II -

Private equity fund investing in central and south- Equity funds


eastern European as well as Russia and Ukraine.

Private

2007

10,000

2,000

2,000

Serbia

Direct
investment

Victoria Group (Sojaprotein)

Loan for the purchase of agricultural commodities Agribusiness


and energy efficiency improvements.

Private

2007

59,999

45,000

45,000

Serbia

Direct
investment

Global Trade Centre (Office)

Development of office buildings for local and


international tenants.

Property and
tourism

Private

2007

30,700

10,700

10,700

Serbia

Direct
investment

Private Equity Fund CoInvestment Facility

Project Cable Europa

Equity investment for in communications firm.

Telecoms,
Private
informatics and
media

2007

9,554

9,554

9,554

Serbia

Direct
investment

Srpske Kablovske Mreze


(SBB)

Equity funding for telecoms operator to enable


Telecoms,
Private
expansion of its network and introduction of new informatics and
services such as broadband.
media

2007

1,500

1,500

1,500

Serbia

Direct
investment

Nectar

Support for the expansion of the company's


distribution network and

2007

10,000

10,000

10,000

All investments 1991- 2009

Agribusiness

Portfolio
Class

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Serbia

Direct
investment

Western Balkans Local


Enterprise Facility

Pestova

Equity stake to support expansion of a potato


producer and processor.

Agribusiness

Private

2007

1,900

1,330

1,330

Serbia

Direct
investment

Kosovo Reconstruction Equity Fund

Equity investments in small and medium-sized


enterprises in Kosovo.

Equity funds

Private

2001

2,925

1,463

1,463

Serbia

Direct
investment

Privredna Banka Beograd

Loan to support mortgage lending in Serbia.

Bank lending

Private

2007

6,547

1,352

1,352

Serbia

Regional
investment

EnerCap

Private equity fund dedicated to investing in


Power and
renewable energy and energy efficiency projects energy
in central and south-eastern Europe.

Private

2007

5,000

1,250

1,250

Serbia

Direct
investment

Western Balkans MSME


Framework

Kosovo Enterprise
Programme II

Loan for on-lending to micro, small and medium- Small business Private
sized enterprises.
finance

2007

4,000

4,000

4,000

Serbia

Regional
investment

Westdeutsche Allgemeine
Zeitung

Equity investment for development and


expansion of WAZ Media Group into new
markets across central and eastern Europe and
the CIS.

Telecoms,
Private
informatics and
media

2008

51,600

24,000

24,000

Serbia

Direct
investment

Serbia Railways

Financing of 30 new passenger trains.

Transport

State

2009

239,000

100,000

100,000

Serbia

Direct
investment

Victoria Group

Equity investment to fund working capital,


balance sheet restructuring and corporate
governance improvements.

Agribusiness

Private

2009

40,000

40,000

40,000

Serbia

Direct
investment

Western Balkans MSME


Framework

Kreditimi Rural I Kosoves


(KRK)

Credit line for on-lending to micro, small and


medium-sized enterprises.

Small business Private


finance

2009

2,000

1,000

1,000

Serbia

Direct
investment

Western Balkans Local


Enterprise Facility

Media Works

Support for wireless internet service provider.

Telecoms,
Private
informatics and
media

2008

7,595

6,000

6,000

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Serbia

Direct
investment

EMS: Emergency Power


Sector Novation Loan

Emergency loan to the power sector

Power and
energy

State

2001

60,400

60,400

60,400

Serbia

Regional
investment

CEE Special Situations Fund

CRG Capital

Investment in an equity fund managed by CRG


Partners targeting distressed and underperforming companies.

Equity funds

Private

2009

2,000

2,000

2,000

Serbia

Direct
investment

Western Balkans Sustainable Banca Intesa Beograd


Energy Finance Facililty

Credit line for on-lending to private enterprises for Bank lending


investments in sustainable energy.

Private

2009

10,000

10,000

10,000

Serbia

Direct
investment

Komercijalna Banka

Equity investment to strengthen a systemic bank Bank equity


in Serbia, in response to the financial crisis.

Private

2009

122,970

47,803

47,803

Serbia

Direct
investment

Western Balkans Local


Enterprise Facility

Tulltorja

Support for a building materials company.

Private

2008

5,000

4,000

4,000

Serbia

Direct
investment

Western Balkans MSME


Framework

Kosovo Enterprise
Programme III

Funds for on-lending to micro, small and medium- Small business Private
sized enterprises.
finance

2008

3,000

3,000

3,000

Serbia

Direct
investment

Western Balkans and Croatia


Financing Framework

Raiffeisen Leasing Serbia

Investment to expand the range of finance


facilities to enterprise and private clients.

Private

2008

10,000

10,000

10,000

Serbia

Direct
investment

Idea

Loan for modernising retail chains across Serbia. Agribusiness

Private

2008

70,000

35,000

35,000

Serbia

Regional
investment

Western Balkans Local


Enterprise Facility

Lydian International

Exploration and development of zinc, lead, silver Natural


and gold deposits in the Western Balkans.
Resources

Private

2009

6,645

2,064

2,064

Serbia

Regional
investment

European Fund for SouthEast Europe II

Support to financial institutions for on-lending to Small business Private


MSMEs, as well as for housing and rural finance. finance

2009

11,550

1,650

1,650

All investments 1991- 2009

Manufacturing
and services

Insurance and
financial
services

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Serbia

Regional
investment

Serbia

Sub project

Description

Sector

Portfolio
Class

Asseco South Eastern Europe -

Participation in the initial public offering of an IT


company.

Telecoms,
Private
informatics and
media

Direct
investment

K10 road construction

Financing for the construction of a new section of Transport


Corridor X in the south east of Serbia.

Serbia

Direct
investment

Western Balkans Local


Enterprise Facility

Forma Ideale

Financing for the construction of a warehouse


and expansion of furniture production.

Serbia

Direct
investment

Local Enterprise Facility

Devolli

Finance for acquisitions, expansion and/or


modernisation investments, as well as working
capital.

Serbia

Direct
investment

Unicredit Group

Unicredit Leasing Serbia

Serbia

Direct
investment

Unicredit Group

Serbia

Direct
investment

ProCredit Bank

Serbia

Regional
investment

Serbia

Serbia

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

2009

3,000

3,000

3,000

State

2009

795,300

150,000

150,000

Manufacturing
and services

Private

2009

7,000

1,667

3,333

5,000

Agribusiness

Private

2009

6,000

6,000

6,000

Medium and long-term debt financing in support Insurance and


of SMEs, lease finance and energy efficiency
financial
projects.
services

Private

2009

15,000

15,000

15,000

Unicredit Serbia

Medium and long-term debt financing in support Bank lending


of SMEs, lease finance and energy efficiency
projects.

Private

2009

30,000

30,000

30,000

Support for ProCredit Bank Serbia to maintain its Small business Private
leading position for lending to MSMEs, and
finance
support for its capital base.

2009

10,000

10,000

10,000

Asseco South Eastern Europe -

Participation in the initial public offering of an IT


company.

2009

1,400

1,400

1,400

Direct
investment

Local Enterprise Facility

Albi

The Facility provides the Bank with an instrument Agribusiness


to meet the growing business of local medium to
large enterprises, currently not sufficiently
supported by other financing sources.

Private

2009

8,000

4,200

4,200

Regional
investment

Southeast Europe Energy


Efficiency Fund (SE4F)

Financing for energy efficiency projects through


local financial institutions.

Private

2009

23,720

6,250

6,250

All investments 1991- 2009

Telecoms,
Private
informatics and
media

Insurance and
financial
services

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Slovak
Republic

Direct
investment

Pol'nobanka (formerly
Slovenska Pol'nohospordarska
Banka)

Equity investment in commercial bank supporting Bank equity


small and medium-sized industries and the
agricultural sector.

Private

1993

3,557

3,557

3,557

Slovak
Republic

Regional
investment

Renaissance Fund

Venture capital fund supporting private


companies.

Equity funds

Private

1993

2,888

865

865

Slovak
Republic

Direct
investment

Slovak Telecom

Development of digital overlay network and


expansion and modernisation of telecommunications system.

Telecoms,
State
informatics and
media

1993

271,982

43,982

43,982

Slovak
Republic

Direct
investment

Eurotel Bratislava

Construction of cellular networks and public


switched packet data networks.

Telecoms,
Private
informatics and
media

1992

26,354

5,548

5,548

Slovak
Republic

Regional
investment

Czech and Slovak Investment Corp

Private equity fund supporting medium-sized


enterprises in the Czech and Slovak Republics.

Equity funds

Private

1992

6,422

3,626

3,626

Slovak
Republic

Direct
investment

Slovalco - ZSNP

Expansion of aluminium smelter located in Ziar


nad Hronom.

Manufacturing
and services

Private

1994

26,934

26,934

26,934

Slovak
Republic

Direct
investment

International road corridor

Upgrade of national motorway, with a focus on


road charge studies and maintenance
techniques.

Transport

State

1993

41,600

15,000

15,000

Slovak
Republic

Direct
investment

Sloveca

Construction of advanced ethoxylation plant to


produce chemicals for detergents, textiles and
food industries.

Natural
Resources

Private

1994

14,776

7,669

7,669

Slovak
Republic

Direct
investment

Slovnaft

Equity investment in oil refining and marketing


company.

Natural
Resources

Private

1994

30,099

13,871

13,871

Slovak
Republic

Regional
investment

Advent Private Equity Fund


Central Europe

Private equity fund supporting small and medium- Equity funds


sized enterprises in central and eastern Europe.

Private

1994

4,173

844

844

All investments 1991- 2009

Sub project

Description

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Slovak
Republic

Direct
investment

Tatra Banka

Financing for small and medium-sized


enterprises.

Bank lending

Private

1995

15,339

15,339

15,339

Slovak
Republic

Regional
investment

MBA loan project

Financial support for students undertaking MBA


degrees at top-tier business schools.

Bank lending

Private

1995

511

163

122

285

Slovak
Republic

Direct
investment

Slovnaft

Equity investment in oil refining and marketing


company.

Natural
Resources

Private

1995

375,012

44,199

44,199

Slovak
Republic

Direct
investment

Slovalco - ZSNP

Expansion of aluminium smelter located in Ziar


nad Hronom.

Manufacturing
and services

Private

1994

324,095

78,305

9,788

88,093

Slovak
Republic

Direct
investment

PBK general purpose and


energy efficiency credit facility

Credit facility for medium and long-term


investments in energy efficiency projects.

Bank lending

Private

1996

15,625

11,825

11,825

Slovak
Republic

Direct
investment

Bucina Zvolen

Modernisation and expansion of wood processing Manufacturing


companys core production facility and
and services
improvements to the energy systems.

Private

1998

7,342

7,342

7,342

Slovak
Republic

Regional
investment

Advent International

Private equity fund supporting small and medium- Equity funds


sized Czech enterprises.

Private

1995

4,935

4,935

4,935

Slovak
Republic

Direct
investment

Pol'nobanka (formerly
Slovenska Pol'nohospordarska
Banka)

Equity investment in commercial bank supporting Bank equity


small and medium-sized industries and the
agricultural sector.

Private

1995

12,250

1,442

1,442

Slovak
Republic

Direct
investment

Istrobanka credit line

Financing for medium and long-term investment Bank lending


projects.

Private

1995

5,764

5,764

5,764

Slovak
Republic

Direct
investment

SPB co-financing facility

Miva

Financing for businesses primarily in the


agricultural sector.

Private

1995

1,863

522

522

All investments 1991- 2009

Agribusiness

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Slovak
Republic

Direct
investment

Tatra Banka

Financing for small and medium-sized


enterprises.

Bank lending

Private

1996

12,782

12,782

12,782

Slovak
Republic

Regional
investment

DBG Osteuropa Holding


GmbH

Private equity fund supporting medium-sized


enterprises.

Equity funds

Private

1997

7,120

2,556

2,556

Slovak
Republic

Direct
investment

Dalkia Termotech

Establishment, acquisition or expansion and


operation of energy service companies.

Municipal and
environmental
infrastructure

Private

1996

10,786

1,552

310

1,863

Slovak
Republic

Direct
investment

FGG municipal services multi- Heatco district heating


project facility

Provision and financing of municipal and


environmental services.

Municipal and
environmental
infrastructure

Private

1996

10,556

3,148

3,148

Slovak
Republic

Direct
investment

CGE multi-project facility

Construction of engineered landfill.

Municipal and
environmental
infrastructure

Private

1997

2,556

1,023

1,023

Slovak
Republic

Direct
investment

Pol'nobanka (formerly
Slovenska Pol'nohospordarska
Banka)

Equity investment in commercial bank supporting Bank equity


small and medium-sized industries and the
agricultural sector.

Private

1996

18,273

2,324

2,324

Slovak
Republic

Direct
investment

Prva Komunalna Banka

Financing for private enterprises in the Slovak


Republic.

Bank lending

Private

1997

10,226

10,226

10,226

Slovak
Republic

Direct
investment

SPB co-financing facility

Mineralne Vody

Financing for businesses primarily in the


agricultural sector.

Agribusiness

Private

1996

1,887

808

808

Slovak
Republic

Direct
investment

SPB co-financing facility

Topolciansky

Financing for businesses primarily in the


agricultural sector.

Agribusiness

Private

1997

2,262

984

984

Slovak
Republic

Regional
investment

Communication and
Information Technology Fund

Private equity fund targeting the media and


communications sector.

Telecoms,
Private
informatics and
media

1999

7,902

2,389

2,389

All investments 1991- 2009

Banska Bistrica waste


management

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Slovak
Republic

Direct
investment

PBK equity investment

Purchase of 20 per cent of banks capital and


voting rights.

Bank equity

Private

1998

3,728

3,728

3,728

Slovak
Republic

Regional
investment

Advent Central and Eastern


Europe Fund II

Private equity fund supporting small and medium- Equity funds


sized enterprises in central and eastern Europe.

Private

1997

5,929

2,326

2,326

Slovak
Republic

Direct
investment

LandG ESCO Slovakia

Investment in energy service company


undertaking energy efficiency projects.

Private

1998

6,132

1,034

1,034

2,069

Slovak
Republic

Regional
investment

Innova/98

Private equity fund supporting small and medium- Equity funds


sized enterprises.

Private

1998

1,714

398

398

Slovak
Republic

Regional
investment

AIG New Europe Fund

Private equity fund investing in central and


eastern Europe.

Equity funds

Private

1999

35,059

6,910

6,910

Slovak
Republic

Regional
investment

Central and Eastern Europe


Power Fund

Investment in private sector projects in power


generation, transmission and district heating.

Power and
energy

Private

1999

2,859

871

871

Slovak
Republic

Regional
investment

Energy Efficiency and


Emissions Reduction Fund

Equity financing for energy efficiency and


emission-reducing projects.

Power and
energy

Private

1999

10,650

3,000

3,000

Slovak
Republic

Direct
investment

Slovak Grain Receipt


Programme (loan and
guarantee)

Pol'nobanka

Short-term lending against warehouse receipts Agribusiness


for agribusiness companies, farmers and traders.

Private

1998

15,399

3,128

3,128

Slovak
Republic

Direct
investment

Post Privatisation Fund

Equity fund supporting financial and operational


restructuring of medium-sized enterprises.

Equity funds

Private

1995

23,993

230

23,457

23,687

Slovak
Republic

Regional
investment

MBA loan project

Financial support for students undertaking MBA


degrees at top-tier business schools.

Bank lending

Private

1998

110

23

23

46

All investments 1991- 2009

Manufacturing
and services

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Slovak
Republic

Direct
investment

Polus Centre

Planning, construction and operation of shopping, Property and


entertainment, office and parking facility.
tourism

Private

1999

83,744

23,000

23,000

Slovak
Republic

Direct
investment

Slovak Grain Receipt


Programme (loan and
guarantee)

Pol'nobanka

Short-term lending against warehouse receipts Agribusiness


for agribusiness companies, farmers and traders.

Private

1999

14,464

4,238

4,238

Slovak
Republic

Direct
investment

Slovalco - ZSNP

Expansion of aluminium smelter located in Ziar


nad Hronom.

Manufacturing
and services

Private

2001

53,055

45,895

45,895

Slovak
Republic

Direct
investment

SPP

Implementation of customer information system


and modernisation of gasification and
compressor station.

Natural
Resources

State

1999

149,826

29,826

29,826

Slovak
Republic

Regional
investment

Accession Mezzanine Capital -

Establishment of first dedicated mezzanine fund, Equity funds


supporting mature companies.

Private

2002

7,400

3,000

3,000

Slovak
Republic

Regional
investment

Private Equity Fund Facility

Trigranit

Equity investment in leading commercial property Property and


developer and operator.
tourism

Private

1999

16,335

3,401

3,401

Slovak
Republic

Regional
investment

EU/EBRD SME Finance


Facility

GIMV Czech and Slovak


SME Fund

Private equity fund supporting small and medium- Equity funds


sized enterprises.

Private

2000

5,400

450

450

Slovak
Republic

Direct
investment

Grain Receipt Programme

Pol'nobanka

Financing for agribusiness sector using grain


receipts.

Agribusiness

Private

2000

10,226

10,226

10,226

Slovak
Republic

Direct
investment

Aquachemia

Maintenance, refurbishment and capacity


enhancement and improvement of the
environmental impact of a caprolactam (CPL)
plant.

Manufacturing
and services

Private

2001

14,100

8,100

8,100

Slovak
Republic

Regional
investment

EU/EBRD SME Finance


Facility

Euroventures Danube

Private equity fund supporting small and medium- Equity funds


sized enterprises.

Private

2001

283

29

29

All investments 1991- 2009

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Slovak
Republic

Regional
investment

Raiffeisen EU Enlargement
Fund

Private equity fund supporting small and medium- Equity funds


sized enterprises in central and eastern Europe.

Private

2001

1,708

823

823

Slovak
Republic

Regional
investment

TBIH Financial Services

Expansion of insurance and pension operations inInsurance and


central and eastern Europe.
financial
services

Private

2000

4,881

979

1,959

2,938

Slovak
Republic

Direct
investment

Slovenske Elektrarne

Restructuring of state-owned power generation


and transmission company.

Power and
energy

State

2002

264,183

120,083

120,083

Slovak
Republic

Direct
investment

Veobecn verov Banka


(VUB)

Pre-privatisation investment in second-largest


bank in the Slovak Republic.

Bank equity

Private

2001

24,452

23,481

23,481

Slovak
Republic

Direct
investment

Globtel Orange Slovensko

Private
Equity investment in wireless telecommunications Telecoms,
service provider.
informatics and
media

2001

191,238

23,495

23,495

Slovak
Republic

Direct
investment

Unibanka

Equity investment in Unibanka.

Bank equity

Private

2001

10,102

10,102

10,102

Slovak
Republic

Regional
investment

Europolis

Development of regional real estate portfolio of


15 to 20 property assets.

Property and
tourism

Private

2001

77,662

10,500

15,750

26,250

Slovak
Republic

Direct
investment

Slovenska Sporitelna (SLSP)

Equity investment of up to 19.9 per cent in largest Bank equity


Slovak retail bank.

Private

2001

425,000

97,451

97,451

Slovak
Republic

Direct
investment

Grain Receipt Programme

Pol'nobanka

30 per cent risk-sharing in the Slovak Grain


Receipt Programme.

Agribusiness

Private

2001

10,000

10,000

10,000

Slovak
Republic

Direct
investment

Slovalco - ZSNP

Expansion of aluminium smelter located in Ziar


nad Hronom.

Manufacturing
and services

Private

2001

52,830

14,838

14,838

All investments 1991- 2009

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Slovak
Republic

Direct
investment

EU/EBRD SME Finance


Facility

Veobecn verov Banka Credit lines for on-lending to small and medium- Bank lending
sized businesses.

Private

2001

20,000

20,000

20,000

Slovak
Republic

Direct
investment

Allianz-Slovenska Poistovna*

Equity investment in insurance company. * This Insurance and


project is subject to a confidentiality agreement. financial
services

Private

2003

49,169

49,169

49,169

Slovak
Republic

Direct
investment

Value Growth Fund

Equity fund targeting manufacturing/ service


industry companies undergoing restructuring.

Equity funds

Private

2002

10,344

1,244

1,244

Slovak
Republic

Direct
investment

Unibanka

Equity investment in Unibanka.

Bank equity

Private

1993

2,441

2,441

2,441

Slovak
Republic

Direct
investment

ZSE electricity distribution


privatisation

Privatisation of electricity distribution company.

Power and
energy

Private

2003

324,515

60,515

60,515

Slovak
Republic

Regional
investment

Heitman Central Europe


Property Partners Fund

Investment in property projects, primarily office


buildings, warehousing/distribution and retail
shopping centres.

Property and
tourism

Private

2002

6,469

2,100

2,100

Slovak
Republic

Regional
investment

Orco Aparthotels

Expansion of extended-stay hotel chain.

Property and
tourism

Private

2003

16,362

1,166

583

1,749

Slovak
Republic

Direct
investment

EU/EBRD SME Finance


Facility

Ludova Banka

Credit lines for on-lending to small and medium- Bank lending


sized businesses.

Private

2004

6,300

6,300

6,300

Slovak
Republic

Direct
investment

EU/EBRD SME Finance


Facility

Tatra Leasing

Credit lines for on-lending to small and medium- Insurance and


sized businesses.
financial
services

Private

2003

5,000

5,000

5,000

Slovak
Republic

Direct
investment

EU/EBRD SME Finance


Facility

CAC Leasing Slovakia

Credit lines for on-lending to small and medium- Insurance and


sized businesses.
financial
services

Private

2002

15,000

5,000

5,000

All investments 1991- 2009

Description

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Slovak
Republic

Direct
investment

Unibanka

Equity investment in Unibanka.

Bank equity

Private

2002

23,492

3,551

3,551

Slovak
Republic

Direct
investment

EU/EBRD SME Finance


Facility

Veobecn verov Banka Credit lines for on-lending to small and medium- Bank lending
sized businesses.

Private

2003

20,000

10,000

10,000

Slovak
Republic

Regional
investment

EU/EBRD SME Finance


Facility

SG Equipment Finance

Financing for small and medium-sized


enterprises.

Insurance and
financial
services

Private

2003

3,243

3,243

3,243

Slovak
Republic

Direct
investment

EU/EBRD SME Finance


Facility

VB Leasing SK

Credit lines for on-lending to small and medium- Insurance and


sized businesses.
financial
services

Private

2004

10,742

10,742

10,742

Slovak
Republic

Regional
investment

Raiffeisen International

Equity investment supporting growth of Raiffeisen Bank equity


International's business in Bosnia and
Herzegovina.

Private

2004

4,000

2,000

2,000

Slovak
Republic

Regional
investment

Private Equity Fund Facility

Trigranit

Equity investment in leading commercial property Property and


developer and operator.
tourism

Private

2004

27,120

480

480

Slovak
Republic

Regional
investment

Polish Enterprise Fund V

Private equity fund investing in enterprises in


Slovak Republic.

Equity funds

Private

2004

1,860

1,860

1,860

Slovak
Republic

Regional
investment

Advent Central and Eastern


Europe Successor Fund

Private equity fund investing in the Slovak


Republic.

Equity funds

Private

2004

33,047

5,000

5,000

Slovak
Republic

Direct
investment

EU/EBRD SME Finance


Facility

Unibanka

Credit lines for on-lending to small and medium- Bank lending


sized businesses.

Private

2004

8,000

8,000

8,000

Slovak
Republic

Direct
investment

EU/EBRD SME Finance


Facility

OTP Banka Slovakia

Credit lines for on-lending to small and medium- Bank lending


sized businesses.

Private

2004

10,000

10,000

10,000

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Slovak
Republic

Direct
investment

Slovenske Elektrarne
restructuring loan

Refinancing of electricity generators existing


debt.

Power and
energy

Private

2004

350,000

30,000

30,000

Slovak
Republic

Direct
investment

Bucina Zvolen

Modernisation and expansion of wood processing Manufacturing


companys core production facility and
and services
improvements to the energy systems.

Private

2003

8,000

8,000

8,000

Slovak
Republic

Regional
investment

Europolis II

Development of commercial property projects.

Private

2004

20,595

1,948

2,598

4,546

Slovak
Republic

Direct
investment

EU/EBRD SME Finance


Facility

CAC Leasing Slovakia

Credit lines for on-lending to small and medium- Insurance and


sized businesses.
financial
services

Private

2004

26,327

21,323

21,323

Slovak
Republic

Direct
investment

EU/EBRD Municipal Finance


Facility

Dexia Slovensko

Credit line for on-lending to small and mediumsized municipalities and their utility companies.

Municipal and
environmental
infrastructure

Private

2004

32,500

8,000

8,000

Slovak
Republic

Direct
investment

Istrobanka SME credit line

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

Bank lending

Private

2005

4,000

4,000

4,000

Slovak
Republic

Regional
investment

Volia Voda

Equity investment in Volia Voda enabling it to


expand in central and eastern Europe, Russian
and Ukraine.

Municipal and
environmental
infrastructure

Private

2007

7,350

7,350

7,350

Slovak
Republic

Regional
investment

Argus Capital Partners II

Private equity fund supporting medium-sized


enterprises. Successor to the Argus Capital
Partners fund.

Equity funds

Private

2005

400

400

400

Slovak
Republic

Regional
investment

Emerging Europe
Convergence Fund II

Direct equity fund investing in central and eastern Equity funds


Europe.

Private

2005

3,600

3,600

3,600

Slovak
Republic

Regional
investment

Volia Transport (formerly


Connex)

Equity funding to expand transport services.

Private

2005

47,048

15,298

15,298

All investments 1991- 2009

Property and
tourism

Municipal and
environmental
infrastructure

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Slovak
Republic

Direct
investment

EU/EBRD Rural Finance


Facility

Unibanka

Credit line for on-lending to small and mediumsized agribusinesses.

Bank lending

Private

2005

5,000

5,000

5,000

Slovak
Republic

Regional
investment

Capital Media

Long-term financing enabling extension of


operations for TV broadcaster operating in
central and eastern Europe.

Telecoms,
Private
informatics and
media

2006

8,000

4,000

4,000

Slovak
Republic

Regional
investment

EU/EBRD Rural Financing


Facility

Societe Generale
Equipment Finance

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

Insurance and
financial
services

Private

2006

1,000

1,000

1,000

Slovak
Republic

Regional
investment

SG AM Eastern Europe

Investment in consumer services and


manufacturing companies.

Equity funds

Private

2005

5,940

3,300

3,300

Slovak
Republic

Direct
investment

Slovak Energy Efficiency


Financing Framework

Tatra Bank

Credit line for on-lending for energy efficiency and Bank lending
renewable energy investments.

Private

2007

15,000

15,000

15,000

Slovak
Republic

Regional
investment

Alpha CEE II

Diversified regional private equity fund dedicated Equity funds


to central and eastern Europe.

Private

2006

5,000

5,000

5,000

Slovak
Republic

Regional
investment

Syntaxis Mezzanine Fund

Fund with a portfolio of Central European


investments, in various sectors.

Equity funds

Private

2007

2,600

2,500

2,500

Slovak
Republic

Direct
investment

Advent Private Equity Fund


Central Europe

Private equity fund supporting small and medium- Equity funds


sized enterprises in central and eastern Europe.

Private

1994

1,234

1,234

1,234

Slovak
Republic

Regional
investment

Arka Property Fund II

Second investment into a real estate fund.

Property and
tourism

Private

2008

2,287

2,287

2,287

Slovak
Republic

Regional
investment

Capital Media

Development and restructuring of TV


broadcasting group.

Telecoms,
Private
informatics and
media

2007

4,000

2,000

2,000

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Slovak
Republic

Direct
investment

Slovak Energy Efficiency


Financing Framework

Slovenska sporitelna

Credit line for on-lending for energy efficiency and Bank lending
renewable energy investments.

Private

2007

15,000

15,000

15,000

Slovak
Republic

Direct
investment

Slovak Energy Efficiency


Financing Framework

Dexia Banka

Credit line for on-lending for energy efficiency and Bank lending
renewable energy investments.

Private

2007

15,000

15,000

15,000

Slovak
Republic

Direct
investment

Slovak Energy Efficiency


Financing Framework

Veobecn verov Banka Credit line for on-lending for energy efficiency and Bank lending
renewable energy investments.

Private

2007

15,000

15,000

15,000

Slovak
Republic

Regional
investment

EnerCap

Private equity fund dedicated to investing in


Power and
renewable energy and energy efficiency projects energy
in central and south-eastern Europe.

Private

2007

10,000

2,500

2,500

Slovak
Republic

Regional
investment

ViaOne

Equity investment to support the commercial


launch and development of ViaOne Europa
Holding's software platforms.

Telecoms,
Private
informatics and
media

2008

847

500

500

Slovak
Republic

Regional
investment

CEE Special Situations Fund

CRG Capital

Investment in an equity fund managed by CRG


Partners targeting distressed and underperforming companies.

Equity funds

Private

2009

1,000

1,000

1,000

Slovak
Republic

Regional
investment

Aqualia Investment Venture

Equity in a new company that invests in water


concessions and acquires other privately held
water groups.

Municipal and
environmental
infrastructure

Private

2009

16,327

8,000

8,000

Slovak
Republic

Regional
investment

Genesis Private Equity Fund II -

Equity in a fund investing in mid-market


companies in the Czech Republic and Slovak
Republic.

Equity funds

Private

2009

21,000

6,000

6,000

Slovak
Republic

Direct
investment

R1 motorway

Loan for the construction of the R1 motorway,


under a public-private partnership.

Transport

Private

2009

1,257,420

199,801

199,801

Slovak
Republic

Regional
investment

Syntaxis Mezzanine Fund II

Equity in a regional fund which aims to strengthen Equity funds


corporate governance and build institutions.

Private

2009

12,500

2,500

2,500

All investments 1991- 2009

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Slovak
Republic

Regional
investment

Soufflet Agriculture

Loan for working capital.

Agribusiness

Private

2009

5,000

5,000

5,000

Slovak
Republic

Regional
investment

Resource Eastern European


Equity Partners I

Support for institution building and expansion of


private equity, business improvement and best
ethics and governance.

Equity funds

Private

2009

4,200

1,250

1,250

Slovak
Republic

Regional
investment

Heitman Eastern European


Property Fund

An equity investment into Heitman European


Property Partners IV, an investment vehicle
pursuing long-term capital appreciation through
real estate investments.

Property and
tourism

Private

2009

18,220

3,000

3,000

Slovenia

Direct
investment

Horizonte Fund

Capital and management assistance to new


private companies.

Equity funds

Private

1994

9,087

2,966

2,966

Slovenia

Direct
investment

SKB Banka

Financing for companies undergoing privatisation.Bank lending

Private

1994

25,001

25,001

25,001

Slovenia

Direct
investment

Drava River hydro power


project

Upgrade of eight power plants, enabling


continued operation and increased capacity.

Power and
energy

State

1993

107,230

65,087

65,087

Slovenia

Direct
investment

DARS motorway

Upgrade of motorway to remove major


bottlenecks in the main east-west corridor.

Transport

State

1994

38,680

18,845

18,845

Slovenia

Direct
investment

Slovenske Zeleznice

Maintenance of rail services on international lines Transport


improvement of productivity and technical support
for restructuring.

State

1994

128,274

41,372

41,372

Slovenia

Direct
investment

Maribor waste-water
concession

Construction of waste-water treatment plant.

Municipal and
environmental
infrastructure

Private

1999

47,363

14,800

14,800

Slovenia

Direct
investment

Aquasava

Modernisation of cotton production line and


expansion of product range.

Manufacturing
and services

Private

1994

12,683

4,653

4,653

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Slovenia

Direct
investment

Sarrio Slovenia

Modernisation and expansion of carton-board


mill.

Manufacturing
and services

Private

Slovenia

Direct
investment

Eurovision

Design, supply and installation of earth station


linked to the Eurovision Network via satellite.

Slovenia

Direct
investment

Slovenski Plinovodi

Slovenia

Direct
investment

Slovenia

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

1994

24,849

10,021

10,021

Telecoms,
State
informatics and
media

1993

694

694

694

Construction and operation of six retail gas


distribution systems.

Natural
Resources

Private

1995

7,925

2,301

2,301

Slovenia Development Capital Fund

Equity investment in private Slovenian


companies.

Equity funds

Private

1995

17,251

4,215

4,215

Direct
investment

SKB Banka

Institutional development and strengthening of


bank's capital base.

Bank equity

Private

1994

31,002

14,935

14,935

Slovenia

Direct
investment

DARS motorway

Upgrade of motorway to remove major


bottlenecks in the main east-west corridor.

Transport

State

1994

44,005

22,090

22,090

Slovenia

Direct
investment

Yulon

Expansion of carpet plant and modernisation of


synthetic textile yarn spinning operation.

Manufacturing
and services

Private

1995

52,816

12,271

12,271

Slovenia

Direct
investment

Sarrio Slovenia

Modernisation and expansion of carton-board


mill.

Manufacturing
and services

Private

1994

10,407

2,737

2,737

Slovenia

Direct
investment

SRP Eurofin

Restructuring and management of industrial


enterprises.

Equity funds

Private

1995

475

475

475

Slovenia

Direct
investment

SRP Druzba

Restructuring and management of industrial


enterprises.

Manufacturing
and services

Private

1995

3,625

3,625

3,625

All investments 1991- 2009

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Slovenia

Direct
investment

Mercator

Construction of supermarkets and hypermarkets Manufacturing


and refurbishment of existing retail stores.
and services

Private

1996

54,886

3,801

3,801

Slovenia

Direct
investment

Yulon

Expansion of carpet plant and modernisation of


synthetic textile yarn spinning operation.

Manufacturing
and services

Private

1996

10,226

5,113

5,113

Slovenia

Direct
investment

Alpina

Operational and financial restructuring of footwearManufacturing


manufacturer.
and services

Private

1998

5,887

3,924

1,962

5,887

Slovenia

Direct
investment

Aquasava

Modernisation of cotton production line and


expansion of product range.

Manufacturing
and services

Private

1997

11,532

5,510

5,510

Slovenia

Regional
investment

Communication and
Information Technology Fund

Private equity fund targeting the media and


communications sector.

Telecoms,
Private
informatics and
media

1999

7,902

2,389

2,389

Slovenia

Direct
investment

Merkur

Investment in wholesaler and retailer of technical Manufacturing


products, construction material, ferrous products and services
and electrical goods.

Private

1997

48,748

11,973

11,973

Slovenia

Regional
investment

AIG New Europe Fund

Private equity fund investing in central and


eastern Europe.

Equity funds

Private

1999

11,686

2,303

2,303

Slovenia

Direct
investment

Slovenia FI framework

Ljubljanska Banka

Subordinated loan to Ljubljanska Banka.

Bank lending

Private

1999

25,000

15,000

15,000

Slovenia

Direct
investment

EU/EBRD SME Finance


Facility

Nova Kreditna Banka


Maribor

Financing for small and medium-sized


enterprises.

Bank lending

Private

2000

5,000

5,000

5,000

Slovenia

Direct
investment

Slovenia FI framework

SKB Banka

Credit line to assist private investors with housing Bank lending


loans.

Private

1999

10,000

10,000

10,000

All investments 1991- 2009

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Slovenia

Regional
investment

Private Equity Fund Facility

Trigranit

Equity investment in leading commercial property Property and


developer and operator.
tourism

Private

1999

3,267

680

680

Slovenia

Direct
investment

Yulon

Expansion of carpet plant and modernisation of


synthetic textile yarn spinning operation.

Manufacturing
and services

Private

2000

20,200

9,500

9,500

Slovenia

Direct
investment

EU/EBRD SME Finance


Facility

Banka Koper

Financing for small and medium-sized


enterprises.

Bank lending

Private

2000

5,000

5,000

5,000

Slovenia

Regional
investment

EU/EBRD SME Finance


Facility

Euroventures Danube

Private equity fund supporting small and medium- Equity funds


sized enterprises.

Private

2001

2,124

218

218

Slovenia

Regional
investment

Raiffeisen EU Enlargement
Fund

Private equity fund supporting small and medium- Equity funds


sized enterprises in central and eastern Europe.

Private

2001

3,415

1,645

1,645

Slovenia

Direct
investment

Hermes Softlab

Improvement of company's core technologies


and expansion of commercial and marketing
activities.

Telecoms,
Private
informatics and
media

2001

9,000

3,000

3,000

Slovenia

Regional
investment

Europolis

Development of regional real estate portfolio of


15 to 20 property assets.

Property and
tourism

Private

2001

77,662

10,500

15,750

26,250

Slovenia

Direct
investment

Mobitel GSM

Roll-out of additional GSM network and extension Telecoms,


Private
of maturities on companys existing borrowings. informatics and
media

2001

185,000

25,000

25,000

Slovenia

Direct
investment

Nova Ljubljanska Banka

Privatisation of largest banking group in Slovenia. Bank equity

Private

2002

673,423

34,358

34,358

68,715

Slovenia

Regional
investment

Heitman Central Europe


Property Partners Fund

Investment in property projects, primarily office


buildings, warehousing/distribution and retail
shopping centres.

Private

2002

3,235

1,050

1,050

All investments 1991- 2009

Sector

Property and
tourism

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Slovenia

Regional
investment

Accession Fund

Property investments in the Czech Republic.

Property and
tourism

Private

2004

60,000

15,000

15,000

Slovenia

Direct
investment

EU/EBRD SME Finance


Facility

Banka Koper

Financing for small and medium-sized


enterprises.

Bank lending

Private

2002

5,000

5,000

5,000

Slovenia

Direct
investment

Lafarge Slovenia

Restructuring, expansion and introduction of


environmental programme at cement plant.

Manufacturing
and services

Private

2003

66,000

20,000

20,000

Slovenia

Direct
investment

EU/EBRD SME Finance


Facility

RZB Leasing Slovenia

Financing for small and medium-sized


enterprises.

Insurance and
financial
services

Private

2003

7,000

7,000

7,000

Slovenia

Direct
investment

Global Environmental Facility

Nova Ljubljanska Banka

Credit lines for on-lending to projects reducing


water pollution in the Danube river.

Bank lending

Private

2004

12,000

12,000

12,000

Slovenia

Direct
investment

Global Environmental Facility

Volksbank Slovenia

Credit lines for on-lending to projects reducing


water pollution in the Danube river.

Bank lending

Private

2003

12,000

12,000

12,000

Slovenia

Direct
investment

Global Environmental Facility

Bank Austria Creditanstalt


Slovenia

Credit lines for on-lending to projects reducing


water pollution in the Danube river.

Bank lending

Private

2004

13,996

13,996

13,996

Slovenia

Direct
investment

Volksbank Slovenia

Credit line to assist small and medium-sized


enterprises.

Bank lending

Private

2003

10,000

10,000

10,000

Slovenia

Direct
investment

EU/EBRD SME Finance


Facility

SKB Leasing

Credit line to SKB Leasing for on-lending to small Insurance and


and medium-sized businesses.
financial
services

Private

2004

10,000

10,000

10,000

Slovenia

Regional
investment

Southeast Europe Equity Fund II

Equity fund investing in private funds in southeastern Europe.

Private

2005

1,812

1,812

1,812

All investments 1991- 2009

Equity funds

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Slovenia

Direct
investment

Global Environmental Facility

Probanka

Credit lines for on-lending to projects reducing


water pollution in the Danube river.

Bank lending

Private

2004

7,000

7,000

7,000

Slovenia

Direct
investment

EU/EBRD SME Finance


Facility

HVB Leasing

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

Insurance and
financial
services

Private

2005

5,000

5,000

5,000

Slovenia

Regional
investment

Argus Capital Partners II

Private equity fund supporting medium-sized


enterprises. Successor to the Argus Capital
Partners fund.

Equity funds

Private

2005

200

200

200

Slovenia

Regional
investment

Emerging Europe
Convergence Fund II

Direct equity fund investing in central and eastern Equity funds


Europe.

Private

2005

3,600

3,600

3,600

Slovenia

Direct
investment

EU/EBRD Rural Finance


Facility

SKB Leasing

Credit line for on-lending to small and mediumsized agribusinesses.

Insurance and
financial
services

Private

2005

7,000

7,000

7,000

Slovenia

Direct
investment

EU/EBRD SME Finance


Facility

Volksbank Ljudska

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

Bank lending

Private

2005

7,000

7,000

7,000

Slovenia

Regional
investment

SG AM Eastern Europe

Investment in consumer services and


manufacturing companies.

Equity funds

Private

2005

5,940

3,300

3,300

Slovenia

Direct
investment

Prva Group

Insurance and
Funds for the establishment and expansion of
financial
Prvas pension fund and asset management
subsidiaries in south-eastern Europe and later in services
the CIS.

Private

2007

8,000

8,000

8,000

Slovenia

Direct
investment

EU/EBRD Municipal Financial Abanka Slovenia


Facility

Loan to support small municipalities.

Bank lending

Private

2008

10,000

5,000

5,000

Slovenia

Regional
investment

ViaOne

Equity investment to support the commercial


launch and development of ViaOne Europa
Holding's software platforms.

Telecoms,
Private
informatics and
media

2008

1,694

1,000

1,000

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Slovenia

Regional
investment

ARX Private Equity Fund

Support for investment to companies operating in Equity funds


central and south-eastern Europe.

Private

2008

6,000

6,000

6,000

Slovenia

Regional
investment

CEE Special Situations Fund

CRG Capital

Investment in an equity fund managed by CRG


Partners targeting distressed and underperforming companies.

Equity funds

Private

2009

1,000

1,000

1,000

Slovenia

Regional
investment

Syntaxis Mezzanine Fund II

Equity in a regional fund which aims to strengthen Equity funds


corporate governance and build institutions.

Private

2009

12,500

2,500

2,500

Slovenia

Regional
investment

Resource Eastern European


Equity Partners I

Support for institution building and expansion of


private equity, business improvement and best
ethics and governance.

Equity funds

Private

2009

4,200

1,250

1,250

Slovenia

Regional
investment

Heitman Eastern European


Property Fund

An equity investment into Heitman European


Property Partners IV, an investment vehicle
pursuing long-term capital appreciation through
real estate investments.

Property and
tourism

Private

2009

18,220

3,000

3,000

Slovenia

Direct
investment

Private Equity Fund CoInvestment Facility

MEP 3H

Acquisition of a cable TV operator.

Telecoms,
Private
informatics and
media

2009

6,000

6,000

6,000

Tajikistan

Regional
investment

First NIS Regional Fund

Equity fund investing in companies in the New


Independent States (NIS).

Equity funds

Private

1994

518

310

310

Tajikistan

Direct
investment

Direct Investment Facility

Obi-Zulol water bottling


plant

Installation and operation of water and soft drinks Agribusiness


bottling plant.

Private

1998

9,133

2,667

1,334

4,001

Tajikistan

Direct
investment

Khujand packaging

Installation and operation of fruit and vegetable


juice packaging line.

Agribusiness

Private

1997

2,753

1,179

1,179

Tajikistan

Direct
investment

Orienbank

Financing for small and medium-sized


enterprises.

Bank equity

Private

1996

1,387

1,387

1,387

All investments 1991- 2009

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Tajikistan

Direct
investment

Khujand Airport

Emergency repairs to runway and airport


drainage systems.

Transport

State

1999

5,199

1,731

1,731

Tajikistan

Direct
investment

Tajiktelecom modernisation
project

Investment in new digital infrastructure and


improvements to power supply arrangements in
rural areas.

Telecoms,
State
informatics and
media

2001

9,980

8,419

8,419

Tajikistan

Direct
investment

Tojiksodirotbank

Financing for small and medium-sized


enterprises.

Bank equity

Private

1999

2,497

237

237

Tajikistan

Direct
investment

TSA air navigation systems

Modernisation of air navigation equipment and


restructuring of the aviation sector.

Transport

State

2001

7,114

3,813

3,813

Tajikistan

Direct
investment

TSA air fleet upgrade

Financing for pre-operation costs and an aviation Transport


consultant.

Private

2005

1,734

70

70

Tajikistan

Direct
investment

Khujand water supply


improvement project

Improvement of water wells, upgrade of


distribution network and installation of new
equipment.

Municipal and
environmental
infrastructure

State

2004

3,609

832

832

Tajikistan

Direct
investment

Regional Trade Facilitation


Programme

Tojiksodirotbank

Support for foreign trade.

Bank lending

Private

2004

1,545

1,545

1,545

Tajikistan

Direct
investment

Micro and Small Enterprise


Finance Facility

Eskhata Bank

Credit line to Eskata Bank for on-lending to micro, Small business Private
small and medium-sized businesses.
finance

2004

1,179

694

694

Tajikistan

Direct
investment

Micro and Small Enterprise


Finance Facility

Tojiksodirotbank

Credit line to Tojiksodirotbank for on-lending to


micro, small and medium-sized businesses.

Small business Private


finance

2004

1,387

1,387

1,387

Tajikistan

Direct
investment

Micro and Small Enterprise


Finance Facility

Tajprombank

Credit line to Tajprombank for on-lending to


micro, small and medium-sized businesses.

Small business Private


finance

2004

1,387

1,387

1,387

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Tajikistan

Direct
investment

Eskhata Bank

Equity investment.

Bank equity

Private

2005

1,382

758

758

Tajikistan

Direct
investment

ETC Non-Bank MFI


Framework

Imon

Financing for micro and small enterprises.

Small business Private


finance

2005

694

520

520

Tajikistan

Direct
investment

Direct Lending Facility

Komron Agro Holding

Finance provided for manufacturer of cotton-seed Agribusiness


oil.

Private

2006

3,780

1,318

1,318

Tajikistan

Direct
investment

Micro and Small Enterprise


Finance Facility

Agroinvest

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

Small business Private


finance

2005

1,387

1,387

1,387

Tajikistan

Direct
investment

Regional Trade Facilitation


Programme

Agroinvestbank Tajikistan

Support for foreign trade.

Bank lending

Private

2005

3,977

3,977

3,977

Tajikistan

Direct
investment

Tajik MSE Financing Facility II TSOB

Credit line for on-lending to micro and small


businesses.

Small business Private


finance

2006

1,734

1,734

1,734

Tajikistan

Direct
investment

Tajik MSE Financing Facility II Tajprombank

Credit line for on-lending to micro and small


businesses.

Small business Private


finance

2006

2,774

2,774

2,774

Tajikistan

Direct
investment

Tajik Financial Sector


Framework

Eskhata Bank

Investment for on-lending to small and mediumsized enterprises and micro and small
enterprises.

Small business Private


finance

2008

4,161

1,387

1,387

Tajikistan

Direct
investment

ETC Non-bank MFI


Framework II

MDTM Microinvest

Credit line for on-lending to micro and small


businesses.

Small business Private


finance

2006

485

485

485

Tajikistan

Direct
investment

Eskhata Bank

Loan for on-lending to micro and small


enterprises.

Small business Private


finance

2005

1,734

1,734

1,734

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Tajikistan

Direct
investment

Road Maintenance
Development

Fiinance for essential maintenance work on the


Tajik road network.

Transport

State

Tajikistan

Direct
investment

Tajik MSE Financing Facility II Agroinvestbank

Credit line for on-lending to micro and small


businesses.

Tajikistan

Direct
investment

ETC Non-bank MFI


Framework II

IMON

Credit line for on-lending to micro and small


businesses.

Tajikistan

Direct
investment

Direct Lending Facility

MandP Tajikistan

Finance provided for expansion of a supermarket Agribusiness


chain.

Tajikistan

Direct
investment

Tajik MSE Financing Facility II First Microfinance Bank


Tajikistan

Tajikistan

Regional
investment

Centras Private Equity Fund

Tajikistan

Direct
investment

Tajikistan

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

2007

4,161

2,774

2,774

Small business Private


finance

2007

6,935

6,935

6,935

Small business Private


finance

2006

694

694

694

Private

2006

3,384

1,651

1,651

Credit line for on-lending to micro and small


businesses.

Small business Private


finance

2007

2,774

2,774

2,774

Private equity fund investing in companies


operating in or exporting products or services
from Kazakhstan, Russia and Central Asia.

Equity funds

Private

2007

629

629

629

Southern Tajikistan Water


Rehabilitation Project

Loan to finance priority investments in the cities


of Dangara, Kulyob and Kurgan-Tube.

Municipal and
environmental
infrastructure

State

2009

4,281

1,387

1,387

Direct
investment

ETC Non-bank MFI


Framework III

IMON IV

A loan to the micro finance fund IMON with a loan Small business Private
for on-lending to MSEs.
finance

2009

2,081

2,081

2,081

Tajikistan

Direct
investment

Direct Lending Facility

LAL

Financing for the upgrading and expansion of


container glass production.

Agribusiness

Private

2007

2,150

2,150

2,150

Tajikistan

Direct
investment

ETC Non-Bank Microfinance


Institution Framework III

Humo

Support to local microfinance institutions.

Small business Private


finance

2008

694

694

694

All investments 1991- 2009

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Tajikistan

Direct
investment

Direct Lending Facility

Komron-Agro-Holding II

Finance for the purchase of ice cream making


equipment.

Agribusiness

Private

2007

1,124

846

846

Tajikistan

Regional
investment

Kazakhstan Growth Fund

Equity investments to strengthen private


companies.

Equity funds

Private

2008

607

555

555

Tajikistan

Direct
investment

Tajik Agricultural Financing


Faclity

Tajik Sodirot Bank (TSOB) Credit line for on-lending to local farmers for
seasonal finance.

Small business Private


finance

2007

3,121

2,774

2,774

Tajikistan

Direct
investment

Tajik Agricultural Financing


Faclity

AgroInvestBank

Credit line for on-lending to local farmers for


seasonal finance.

Small business Private


finance

2007

5,895

4,161

4,161

Tajikistan

Direct
investment

Tajik Agricultural Financing


Faclity

Eskhata Bank

Credit line for on-lending to local farmers for


seasonal finance.

Small business Private


finance

2007

1,179

832

832

Tajikistan

Direct
investment

Direct Lending Facility

Alfapet

Financing for a drinks packaging production line. Agribusiness

Private

2009

2,219

2,219

2,219

Tajikistan

Direct
investment

Khujand Water Supply


Improvement II

Additional investment to improve the water supply Municipal and


infrastructure and distribution network in Khujand. environmental
infrastructure

State

2008

4,980

1,500

1,500

Tajikistan

Direct
investment

Direct Lending Facility

Telecom Technology

Finance to support private communications


operator.

Telecoms,
Private
informatics and
media

2008

1,873

1,873

1,873

Tajikistan

Direct
investment

Dushanbe Solid Waste


Management

Loan to improve solid waste management.

Municipal and
environmental
infrastructure

State

2008

5,548

2,774

2,774

Tajikistan

Regional
investment

Aureos Central Asia Fund

Equity investment to support medium-sized


enterprises in Azerbaijan, Central Asia and
Georgia.

Equity funds

Private

2008

142

142

142

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Tajikistan

Direct
investment

Tajik Financial Sector


Framework

Access Bank

Equity investment in Access Bank.

Small business Private


finance

2009

1,362

681

681

1,362

Tajikistan

Direct
investment

ETC Non-bank MFI


Framework II

IMON

Investment to increase financing for micro and


small enterprises in the ETCs and to assist the
non-bank microfinance institutions.

Small business Private


finance

2008

694

694

694

Tajikistan

Direct
investment

Agroinvestbank

Equity investment in Agroinvestbank.

Bank equity

Private

2009

7,627

7,627

7,627

Tajikistan

Direct
investment

Direct Lending Facility

Makolli Bakery

Loan to expand production and to finance workingAgribusiness


capital.

Private

2009

1,179

1,179

1,179

Tajikistan

Direct
investment

Direct Lending Facility

Sorbon

Investment in vehicles for a public transport


company.

Private

2009

1,734

1,734

1,734

Turkey

Direct
investment

Izgaz Gas Distribution


Company

Loan for grid expansion and refinancing of short- Power and


term shareholder loans.
energy

Private

2009

94,424

59,748

59,748

Turkey

Direct
investment

Rotor Wind Farm

Construction of an on-shore wind farm.

Power and
energy

Private

2009

209,000

45,000

45,000

Turkey

Direct
investment

Deniz Bank

Credit line for on-lending to small and mediumsized enterprises.

Small business Private


finance

2009

19,916

19,916

19,916

Turkey

Direct
investment

Garanti Bank

Loan for on-lending to micro, small and medium- Small business Private
sized enterprises.
finance

2009

50,000

20,000

20,000

Turkey

Regional
investment

Southeast Europe Energy


Efficiency Fund (SE4F)

Financing for energy efficiency projects through


local financial institutions.

2009

18,976

5,000

5,000

All investments 1991- 2009

Municipal and
environmental
infrastructure

Insurance and
financial
services

Portfolio
Class

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Turkmenista Direct
n
investment

Export-oriented credit line

Financing for small and medium-sized


enterprises.

Bank lending

Private

1994

5,991

5,991

5,991

Turkmenista Regional
n
investment

First NIS Regional Fund

Equity fund investing in companies in the New


Independent States (NIS).

Equity funds

Private

1994

518

310

310

Turkmenista Direct
n
investment

Gap Turkmen

Production of denim fabric and ready-made


goods and diversification of companys product
range.

Manufacturing
and services

Private

1996

64,295

16,052

8,026

24,078

Turkmenista Direct
n
investment

Turkmenbashi port
development

Development of road system and port.

Transport

State

1997

32,638

20,785

20,785

Turkmenista Regional
n
investment

AIG Silk Road Fund

Financing for small and medium-sized private


Equity funds
sector enterprises and joint ventures operating in
Russia and Central Asia.

Private

1997

4,725

911

911

Turkmenista Direct
n
investment

Dragon Oil

Commercial development of offshore


hydrocarbon reserves in the Caspian Sea.

Natural
Resources

Private

1999

360,635

41,612

41,612

Turkmenista Direct
n
investment

Gap Turkmen

Production of denim fabric and ready-made


goods and diversification of companys product
range.

Manufacturing
and services

Private

1999

11,705

3,382

3,382

Turkmenista Regional
n
investment

NIS restructuring facility

Restructuring and expansion of investments in


the New Independent States (NIS).

Equity funds

Private

2000

1,095

228

228

Turkmenista Regional
n
investment

Baring Vostok Private Equity


Fund

Direct equity investment in medium-sized


companies.

Equity funds

Private

2000

3,860

1,832

1,832

Turkmenista Direct
n
investment

Gap Turkmen

Production of denim fabric and ready-made


goods and diversification of companys product
range.

Manufacturing
and services

Private

2002

7,396

7,396

7,396

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Turkmenista Direct
n
investment

Direct Investment Facility

TMS wool scouring

Establishment of facility to scour and pack local


wool for export.

Manufacturing
and services

Private

2003

1,623

616

616

Turkmenista Direct
n
investment

Direct Investment Facility

TMS wool scouring

Financing to cover cost overruns and shortfall of Manufacturing


working capital.
and services

Private

2005

1,186

555

555

Turkmenista Regional
n
investment

Clean Globe International Oil


Spill Protection

Establishment of crude oil spill response centres Natural


Resources
in key locations in the Banks countries of
operations and provision of regional training,
prevention and remedial services

Private

2007

3,752

212

212

Turkmenista Regional
n
investment

Centras Private Equity Fund

Private equity fund investing in companies


operating in or exporting products or services
from Kazakhstan, Russia and Central Asia.

Equity funds

Private

2007

629

629

629

Turkmenista Regional
n
investment

Clean Globe Oil Spill


Investment

Equity investment in oil spill response centres.

Natural
Resources

Private

2007

1,020

120

120

Turkmenista Direct
n
investment

Direct Lending Facility

Altyn Aylag brewery

Expansion of a local brewery.

Agribusiness

Private

2009

1,873

1,873

1,873

Turkmenista Regional
n
investment

Kazakhstan Growth Fund

Equity investments to strengthen private


companies.

Equity funds

Private

2008

607

555

555

Turkmenista Regional
n
investment

Aureos Central Asia Fund

Equity investment to support medium-sized


enterprises in Azerbaijan, Central Asia and
Georgia.

Equity funds

Private

2008

71

71

71

Turkmenista Regional
n
investment

Mobile TeleSystems

Finance to support mobile network expansion.

Telecoms,
Private
informatics and
media

2008

29,840

9,200

9,200

Turkmenista Direct
n
investment

Direct Investment Facility

Enar Supermarkets

Equity investment to help the development of one Agribusiness


of the first modern food retail chains in
Turkmenistan.

2009

4,168

1,304

1,304

All investments 1991- 2009

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Turkmenista Direct
n
investment

Direct Lending Facility

Payhas

Financing to help NORD Leasing Poland to


provide new loans to MSME clients throughout
the country.

Agribusiness

Private

2009

1,248

555

555

Ukraine

Regional
investment

Alliance ScanEast Fund

Private equity fund supporting industrial


companies.

Equity funds

Private

1994

9,248

3,273

3,273

Ukraine

Direct
investment

ITUR

Construction of sub-sea cable and land link,


acquisition of line extensions and purchase of
digital circuit multiplication systems.

Telecoms,
State
informatics and
media

1994

43,147

36,815

36,815

Ukraine

Direct
investment

State International Airport


Borispol

Refurbishment of existing passenger terminal


building and the restructuring of passenger flow
arrangements.

Transport

State

1993

10,264

3,537

3,537

Ukraine

Direct
investment

Air navigation system upgrade -

Procurement and installation of modern air traffic Transport


control equipment and associated services.

State

1998

31,338

18,993

18,993

Ukraine

Direct
investment

Ukraine Fund

Venture capital fund investing in private


enterprises.

Equity funds

Private

1993

8,620

2,863

2,863

Ukraine

Direct
investment

Eurovision

Design, supply and installation of earth station


linked to the Eurovision Network via satellite.

Telecoms,
State
informatics and
media

1993

694

694

694

Ukraine

Direct
investment

Kiev International Bank

Equity investment in commercial bank providing


long-term funding for medium-sized private
enterprises in Ukraine.

Bank equity

Private

1995

5,000

1,750

1,750

Ukraine

Direct
investment

Starobeshevo power
modernisation

Supply and installation of fluidised bed boiler at


the Starobeshevo power station.

Power and
energy

State

1996

91,132

78,021

78,021

Ukraine

Direct
investment

Integrated agricultural services and processing

Production and marketing of canola oil and


balanced animal feed.

Agribusiness

Private

1995

21,481

5,656

1,885

7,542

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Ukraine

Direct
investment

Poltava oil and gas project

Drilling of new wells and construction of pipeline Natural


and rail export facilities.
Resources

Private

1995

29,683

5,548

5,548

Ukraine

Direct
investment

SME credit line

Credit line to assist small and medium-sized


enterprises.

Bank lending

Private

1994

84,045

84,045

84,045

Ukraine

Regional
investment

MBA loan project

Financial support for students undertaking MBA


degrees at top-tier business schools.

Bank lending

Private

1995

511

163

122

285

Ukraine

Direct
investment

Dnipropetrovsk oil extraction


plant

Purchase of raw materials for the production of


refined edible sunflower oil.

Agribusiness

Private

1995

14,217

5,895

5,895

Ukraine

Direct
investment

Rehabilitation of M06 highway -

Upgrade of sections of M06 highway and


purchase of road maintenance equipment.

Transport

State

2000

99,164

74,164

74,164

Ukraine

Direct
investment

Ukrrichflot

Acquisition of seven new general cargo vessels. Transport

Private

1995

22,114

5,595

5,595

Ukraine

Direct
investment

First Ukrainian International


Bank

Financing for small and medium-sized


enterprises.

Bank lending

Private

1995

9,016

9,016

9,016

Ukraine

Direct
investment

Ukraine Fund

Venture capital fund investing in private


enterprises.

Equity funds

Private

1995

7,832

2,632

2,632

Ukraine

Direct
investment

Iveco / Kraz joint venture

Production of commercial vehicles.

Manufacturing
and services

Private

1995

33,826

9,552

9,552

Ukraine

Direct
investment

Ukrainian Wave (formerly L'viv Wireless)

Installation and operation of local telephone


network.

Telecoms,
Private
informatics and
media

1997

19,349

4,855

4,855

All investments 1991- 2009

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Ukraine

Direct
investment

Zaporizhzhia water utility


development and investment
programme

Investments in water supply and waste-water


sector.

Municipal and
environmental
infrastructure

State

1999

31,850

20,995

20,995

Ukraine

Direct
investment

AD-Zarya

Completion of glass container production plant


and upgrade of adjacent plant.

Manufacturing
and services

Private

1998

41,542

12,830

12,830

Ukraine

Direct
investment

Regional Trade Facilitation


Programme

UkrInBank

Support for foreign trade

Bank lending

Private

1995

2,774

2,774

2,774

Ukraine

Direct
investment

Svitoch confectionery

Installation of new production lines for chocolate, Agribusiness


biscuits and sweets.

Private

1997

3,619

2,925

2,925

Ukraine

Direct
investment

UkrEsco

Establishment of energy service company.

Manufacturing
and services

State

1998

19,733

13,733

13,733

Ukraine

Direct
investment

SME credit line

Credit line to assist small and medium-sized


enterprises.

Bank lending

Private

1998

64,676

61,208

61,208

Ukraine

Direct
investment

Regional Trade Facilitation


Programme

Privat Bank

Support for foreign trade.

Bank lending

Private

1997

3,468

3,468

3,468

Ukraine

Direct
investment

Railway development project

Purchase of track maintenance machinery and


track materials.

Transport

State

1999

65,997

35,980

35,980

Ukraine

Direct
investment

Multi-bank financing framework Kredyt Bank Ukraine

Financing for small and medium-sized


enterprises.

Bank equity

Private

1999

22,552

18,802

18,802

Ukraine

Direct
investment

Iveco Ukraine

Development and operation of two automotive


production plants.

Manufacturing
and services

Private

2000

30,099

8,322

8,322

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Ukraine

Direct
investment

Dnipropetrovsk oil extraction


plant

Purchase of raw materials for the production of


refined edible sunflower oil.

Agribusiness

Private

1997

13,871

13,871

13,871

Ukraine

Direct
investment

Obolon Brewery

Modernisation of brewery operations and


expansion of production capacity.

Agribusiness

Private

1997

43,704

20,749

20,749

Ukraine

Regional
investment

Black Sea Fund

Equity investment in medium-sized local


enterprises and facilitation of foreign direct
investment in the region.

Equity funds

Private

1998

4,875

1,962

1,962

Ukraine

Direct
investment

Procter and Gamble


distribution

Investment programme in PandGs distribution


and manufacturing facilities.

Manufacturing
and services

Private

1998

75,439

1,440

1,440

Ukraine

Direct
investment

BNP Dresdner Ukraine

Equity investment in subsidiary of BNP and


Dresdner Bank.

Bank equity

Private

1998

9,001

1,001

1,001

Ukraine

Regional
investment

AIG New Europe Fund

Private equity fund investing in central and


eastern Europe.

Equity funds

Private

1999

23,373

4,606

4,606

Ukraine

Direct
investment

Dnipropetrovsk oil extraction


plant

Purchase of raw materials for the production of


refined edible sunflower oil.

Agribusiness

Private

1999

50,974

16,298

16,298

Ukraine

Direct
investment

Balkan gas transit

Construction of pipelines to reduce the bottleneck Natural


in the Ukrainian gas transportation system.
Resources

Private

1999

62,418

27,741

27,741

Ukraine

Direct
investment

Multi-bank financing framework First Ukrainian International Financing for small and medium-sized
Bank
enterprises.

Bank equity

Private

1998

4,927

4,927

4,927

Ukraine

Regional
investment

MBA loan project

Bank lending

Private

1998

110

23

23

46

All investments 1991- 2009

Financial support for students undertaking MBA


degrees at top-tier business schools.

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Ukraine

Direct
investment

Cargill industrial complex

Establishment of greenfield sunflower seed


crushing and refining facility.

Agribusiness

Private

1999

61,551

33,810

33,810

Ukraine

Direct
investment

Kiev International Bank

Equity investment in commercial bank providing


long-term funding for medium-sized private
enterprises in Ukraine.

Bank equity

Private

1999

791

791

791

Ukraine

Direct
investment

US/EBRD SME Finance


Facility

ProCredit Bank Ukraine


(formerly MFB)

Financing for micro and small enterprises.

Small business Private


finance

2000

32,773

6,593

1,648

8,242

Ukraine

Direct
investment

Enterprise support

First Ukrainian International Framework facility to increase the supply of term Bank lending
Bank
finance for the local private corporate sector.

Private

2000

6,849

6,849

6,849

Ukraine

Direct
investment

ISTIL Ukraine

Expansion of steel mills production and


improvement of product quality.

Manufacturing
and services

Private

2001

90,042

17,338

17,338

Ukraine

Regional
investment

Golden Telecom

Development and successful listing of a leading


telecommunications operator.

Telecoms,
Private
informatics and
media

1999

40,787

13,046

13,046

Ukraine

Regional
investment

NIS restructuring facility

Restructuring and expansion of investments in


the New Independent States (NIS).

Equity funds

Private

2000

2,191

457

457

Ukraine

Direct
investment

Raiffeisen Bank

Financing for small and medium-sized


enterprises.

Bank lending

Private

1999

6,935

4,855

4,855

Ukraine

Direct
investment

Cerealia Boryspil cereal plant

Equity investment in breakfast cereal producer.

Agribusiness

Private

2000

6,938

2,083

2,083

Ukraine

Direct
investment

Ukraine International Airlines

Investment in airline to meet market demand.

Transport

Private

2000

3,745

3,745

3,745

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Ukraine

Direct
investment

Direct Investment Facility

Ukram Industries

Manufacture of refrigeration system.

Manufacturing
and services

Private

2001

4,488

4,488

4,488

Ukraine

Direct
investment

Malteurop

Expansion and renovation of existing malting


plant and construction of second plant.

Agribusiness

Private

2002

100,028

35,015

35,015

Ukraine

Direct
investment

Ukrrichflot

Acquisition of seven new general cargo vessels. Transport

Private

2000

7,163

1,872

1,872

Ukraine

Regional
investment

Baring Vostok Private Equity


Fund

Direct equity investment in medium-sized


companies.

Equity funds

Private

2000

3,860

1,832

1,832

Ukraine

Direct
investment

Ukraine fuel purchase loan


facility

Working capital investment in four state-owned


generation companies.

Power and
energy

State

2000

40,933

40,933

40,933

Ukraine

Direct
investment

Ukraine Railways

Introduction of fast train services countrywide,


Transport
maintenance work and reconstruction of Beskyd
tunnel.

State

2004

200,436

83,224

83,224

Ukraine

Direct
investment

Bosch Service franchisee


framework

Expansion of Bosch Service franchisee network


of auto-service workshops.

Manufacturing
and services

Private

2001

2,881

2,881

2,881

Ukraine

Direct
investment

Regional Trade Facilitation


Programme

Forum Bank

Support for foreign trade.

Bank lending

Private

2001

268

134

134

268

Ukraine

Direct
investment

Regional Trade Facilitation


Programme

Aval Bank

Support for foreign trade.

Bank lending

Private

2003

21,669

10,835

10,835

21,669

Ukraine

Direct
investment

Balkan gas transit

Construction of pipelines to reduce the bottleneck Natural


in the Ukrainian gas transportation system.
Resources

Private

2001

97,418

35,045

35,045

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Ukraine

Direct
investment

Toepfer working capital


revolving facility

Purchase, transportation, storage and export of


agricultural commodities.

Agribusiness

Private

2002

83,224

33,289

33,289

Ukraine

Direct
investment

Cereol Ukraine

Purchase of raw materials for the production of


refined edible sunflower oil.

Agribusiness

Private

2002

28,781

18,379

18,379

Ukraine

Direct
investment

Gostomel glass factory

Refurbishment and replacement of glass


production facilities.

Agribusiness

Private

2002

11,868

9,787

9,787

Ukraine

Direct
investment

Radisson SAS Kyiv

Development, construction and operation of four- Property and


star business hotel.
tourism

Private

1998

48,972

8,308

8,308

16,616

Ukraine

Direct
investment

Regional Trade Facilitation


Programme

Kredobank

Support for foreign trade.

Bank lending

Private

2002

664

332

332

664

Ukraine

Direct
investment

Slavutich

Expansion of beer producer and restructuring of Agribusiness


companys capital structure.

Private

2001

38,907

11,790

11,790

Ukraine

Direct
investment

Enterprise support

Hypovereinsbank Ukraine

Framework facility to increase the supply of term Bank lending


finance for the local private corporate sector.

Private

2001

6,935

6,935

6,935

Ukraine

Direct
investment

Enterprise support

Raiffeisen Bank

Framework facility to increase the supply of term Bank lending


finance for the local private corporate sector.

Private

2001

10,403

4,841

4,841

Ukraine

Direct
investment

Regional Trade Facilitation


Programme

Raiffeisen Bank

Support for foreign trade.

Bank lending

Private

2002

6,508

3,254

3,254

6,508

Ukraine

Direct
investment

Grain Warehouse Receipts


Programme

Cargill

Short-term lending against warehouse receipts Agribusiness


for agribusiness companies, farmers and traders.

Private

2001

10,403

10,403

10,403

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Ukraine

Regional
investment

Efes EBI

Financing for Efes breweries.

Agribusiness

Private

2002

1,284

409

409

Ukraine

Regional
investment

Danfoss debt facility for


industrial energy projects

Financing for energy efficiency projects in


selected east European breweries.

Manufacturing
and services

Private

2002

327

77

77

Ukraine

Regional
investment

Billa

Expansion of supermarket chain.

Agribusiness

Private

2003

62,895

7,875

7,875

Ukraine

Direct
investment

Warehouse Receipts
Programme

Aval Bank

Short-term lending against warehouse receipts Bank lending


for agribusiness companies, farmers and traders.

Private

2002

6,935

6,935

6,935

Ukraine

Direct
investment

Raiffeisen Bank

Financing for small and medium-sized


enterprises.

Bank lending

Private

2003

3,468

3,468

3,468

Ukraine

Direct
investment

Kvazaz Micro Corporation

Provision of working capital and equipment for


computer assembly line.

Manufacturing
and services

Private

2002

5,895

2,774

2,774

Ukraine

Regional
investment

Orco Aparthotels

Expansion of extended-stay hotel chain.

Property and
tourism

Private

2003

16,362

1,166

583

1,749

Ukraine

Direct
investment

Rubizhansky Cardboard and


Packaging Mill

Modernisation and expansion of paper and


corrugated packaging operations.

Manufacturing
and services

Private

2003

28,760

9,709

9,709

Ukraine

Direct
investment

SME credit line

Aval Bank

Credit line to assist small and medium-sized


enterprises.

Bank lending

Private

2003

10,403

10,403

10,403

Ukraine

Direct
investment

Grain Warehouse Receipts


Programme

Cargill

Short-term lending against warehouse receipts Agribusiness


for agribusiness companies, farmers and traders.

Private

2003

10,403

10,403

10,403

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Ukraine

Direct
investment

Ukraine

Description

Sector

Portfolio
Class

Illichivsk Commercial Sea Port -

Finance for the modernisation of the port


including berth reconstruction and purchase of
new equipment.

Transport

State

2007

42,350

26,000

26,000

Direct
investment

Warehouse Receipts
Programme

Aval Bank

Short-term lending against warehouse receipts Bank lending


for agribusiness companies, farmers and traders.

Private

2003

11,096

9,016

9,016

Ukraine

Direct
investment

Toepfer working capital


revolving facility

Purchase, transportation, storage and export of


agricultural commodities.

Private

2003

126,084

55,344

55,344

Ukraine

Direct
investment

Ukrrichflot

Acquisition of seven new general cargo vessels. Transport

Private

2000

35,767

19,289

2,411

21,700

Ukraine

Direct
investment

Consumers Sklo Zorya

Expansion of glass plant's production capacity.

Private

2003

15,353

10,151

10,151

Ukraine

Direct
investment

Kiev-Chop road rehabilitation

Upgrading of the M06 Kiev-Chop road and further Transport


reform of road sector administration and
financing.

State

2005

167,547

99,192

99,192

Ukraine

Direct
investment

Dnipropetrovsk municipal
water and waste-water project

Loan to improve operational and financial


performance of municipal and waste-water
services.

Municipal and
environmental
infrastructure

State

2005

30,150

20,000

20,000

Ukraine

Direct
investment

Energy Alliance

Establishment of new private sector energy


service company.

Manufacturing
and services

Private

2004

2,081

1,040

1,040

Ukraine

Direct
investment

Chumak

Purchase of equipment for expansion of edible oil Agribusiness


business.

Private

2004

12,761

9,363

9,363

Ukraine

Direct
investment

Gostomel glass factory

Construction of new glass furnace at bottle


manufacturing plant.

Private

2004

11,790

3,814

3,814

All investments 1991- 2009

Sub project

Agribusiness

Manufacturing
and services

Agribusiness

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Ukraine

Direct
investment

UkrExIm bank

Support for foreign trade.

Bank lending

Private

2007

14,053

7,027

7,027

14,053

Ukraine

Regional
investment

Raiffeisen International

Equity investment supporting growth of Raiffeisen Bank equity


International's business in Bosnia and
Herzegovina.

Private

2004

10,000

5,000

5,000

Ukraine

Direct
investment

US/EBRD SME Finance


Facility

ProCredit Bank Ukraine


(formerly MFB)

Financing for micro and small enterprises.

Small business Private


finance

2003

8,494

2,426

1,213

3,640

Ukraine

Direct
investment

Regional Trade Facilitation


Programme

Kreditprombank

Support for foreign trade.

Bank lending

Private

2004

19,417

14,563

4,854

19,417

Ukraine

Direct
investment

Warehouse Receipts
Programme

UkrSotsBank

Short-term lending against warehouse receipts Bank lending


for agribusiness companies, farmers and traders.

Private

2003

6,935

6,935

6,935

Ukraine

Direct
investment

UkrEsco II

Second loan to state-owned energy service


company.

Manufacturing
and services

State

2005

27,741

13,871

13,871

Ukraine

Direct
investment

Odessa High Voltage Grid


Upgrade

Loan to upgrade high-voltage grid.

Power and
energy

State

2005

25,755

25,755

25,755

Ukraine

Direct
investment

Nidera

Expansion of grain trader's operations.

Agribusiness

Private

2003

2,774

2,774

2,774

Ukraine

Regional
investment

Furshet

Loan to help Furshet Group open new stores


across Ukraine and expand its operations in
Moldova.

Agribusiness

Private

2007

33,443

22,295

22,295

Ukraine

Direct
investment

Soufflet Slavuta

Improvement of barley production and collection. Agribusiness

Private

2004

6,242

6,242

6,242

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Ukraine

Direct
investment

K2R4 safety and


modernisation programme

Modernisation and improvement of safety at two Power and


nuclear reactors at Khmelnitsky (K2) and Rivne energy
(R4).

State

2004

86,691

29,128

29,128

Ukraine

Direct
investment

Raiffeisen Ukraine Mortgage


Credit Line

Mortgage credit line.

Bank lending

Private

2005

6,935

3,468

3,468

Ukraine

Direct
investment

Euroventures Ukraine II

Private equity fund supporting small and medium- Equity funds


sized enterprises.

Private

2005

52,649

17,972

17,972

Ukraine

Direct
investment

Ukraine SME Lending


Framework

Agio Bank

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

Bank lending

Private

2005

2,978

2,978

2,978

Ukraine

Direct
investment

Warehouse Receipts
Programme

Aval Bank

Short-term lending against warehouse receipts


for agribusiness companies, provided through
Aval Bank.

Bank lending

Private

2004

20,806

13,871

13,871

Ukraine

Regional
investment

Europolis II

Development of commercial property projects.

Property and
tourism

Private

2004

24,027

2,273

3,031

5,304

Ukraine

Direct
investment

Cargill industrial complex

Establishment of greenfield sunflower seed


crushing and refining facility.

Agribusiness

Private

2004

10,403

10,403

10,403

Ukraine

Direct
investment

Toepfer working capital


revolving facility

Purchase, transportation, storage and export of


agricultural commodities.

Agribusiness

Private

2004

135,238

83,224

83,224

Ukraine

Direct
investment

Ukraine SME Lending


Framework

Forum Bank

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

Bank lending

Private

2005

6,935

6,935

6,935

Ukraine

Direct
investment

Obolon Brewery

Storage of barley in grain warehouses for


subsequent processing into malt.

Agribusiness

Private

2004

6,935

6,935

6,935

All investments 1991- 2009

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Ukraine

Direct
investment

Ukraine Micro Lending


Programme

Kreditprombank

Financing for micro and small enterprises.

Small business Private


finance

2005

4,855

4,855

4,855

Ukraine

Direct
investment

Ukraine Micro Lending


Programme

Forum Bank

Financing for micro and small enterprises.

Small business Private


finance

2005

4,855

4,855

4,855

Ukraine

Direct
investment

ADM-Risoil Ukraine

Construction of a new edible oil crushing facility. Agribusiness

Private

2005

28,435

6,935

6,935

Ukraine

Direct
investment

Galnaftogaz

Partial funding for the reconstruction, construction Natural


and acquisition of petrol stations.
Resources

Private

2005

17,338

10,403

10,403

Ukraine

Regional
investment

Baring Vostok Private Equity


Fund III

Private equity fund supporting medium-sized


companies in Kazakhstan, Russia and Ukraine.

Equity funds

Private

2004

70,136

8,932

8,932

Ukraine

Direct
investment

Soufflet Slavuta

Improvement of barley production and collection. Agribusiness

Private

2004

33,390

8,230

8,230

Ukraine

Direct
investment

ISTIL Ukraine

Expansion of steel mills production and


improvement of product quality.

Manufacturing
and services

Private

2004

31,209

20,806

20,806

Ukraine

Direct
investment

First Lease

Loan to expand fleet of vehicles available for


leasing to Ukrainian businesses.

Insurance and
financial
services

Private

2006

11,969

11,969

11,969

Ukraine

Direct
investment

Kreditprom SME credit line

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

Bank lending

Private

2005

6,935

6,935

6,935

Ukraine

Regional
investment

Mobile TeleSystems

Development of local network and acquisition of Telecoms,


Private
regional operators.
informatics and
media

2004

331,134

54,415

54,415

All investments 1991- 2009

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Ukraine

Direct
investment

Ukrrichflot

Finance for part of the acquisition costs of five


new dry cargo buildings.

Transport

Private

2005

30,862

7,245

7,245

Ukraine

Direct
investment

IKEA Ukraine

Support for construction of retail units to introduce Property and


a new retail structure to the company.
tourism

Private

2007

180,316

10,403

10,403

Ukraine

Direct
investment

Uksnab

Equity investment in a producer of industrial


refrigeration equipment.

Manufacturing
and services

Private

2006

10,886

6,211

6,211

Ukraine

Direct
investment

Bunge BSI

Building and operating of a new edible oil


production facility.

Agribusiness

Private

2006

25,661

12,484

12,484

Ukraine

Direct
investment

Kronospan Ukraine

Modernisation of a factory producing wood-based Manufacturing


particleboard.
and services

Private

2006

147,000

51,500

51,500

Ukraine

Regional
investment

Volia Voda

Equity investment in Volia Voda enabling it to


expand in central and eastern Europe, Russian
and Ukraine.

Municipal and
environmental
infrastructure

Private

2007

7,350

7,350

7,350

Ukraine

Direct
investment

Kredyt Bank Ukraina mortgage credit line

Credit line for mortgages.

Bank lending

Private

2005

6,935

6,935

6,935

Ukraine

Direct
investment

Toepfer Ukraine

Transport, storage and export of agricultural


Agribusiness
commodities, or sale and supply to leading local
food processors.

Private

2005

168,181

69,353

69,353

Ukraine

Direct
investment

ProCredit Bank Ukraine

Equity investment to allow development of


lending to micro and small businesses.

Small business Private


finance

2006

30,111

3,757

3,757

Ukraine

Direct
investment

Direct Investment Facility

Ukram Industries

Development of nitrogen conditioning system for Manufacturing


refrigerated transport.
and services

2005

13,876

12,045

12,045

All investments 1991- 2009

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Ukraine

Regional
investment

Emerging Europe
Convergence Fund II

Direct equity fund investing in central and eastern Equity funds


Europe.

Private

2005

6,000

6,000

6,000

Ukraine

Direct
investment

Slobozhanska Budivelna
Keramika (SBK)

Upgrade of existing and construction of new brick Manufacturing


production facilities.
and services

Private

2006

10,137

8,595

8,595

Ukraine

Regional
investment

Marbleton Property Fund

Equity funding for office, residential, retail and


industrial property development, primarily in
Russia and Ukraine

Property and
tourism

Private

2006

44,539

5,563

5,563

Ukraine

Direct
investment

Soufflet Ukraine

Acquisition, refurbishment and expansion of


malting plant.

Agribusiness

Private

2005

4,855

4,855

4,855

Ukraine

Direct
investment

Chumak

Long-term secured loan to food producer to


modernise and expand existing facilities.

Agribusiness

Private

2005

83,498

29,541

29,541

Ukraine

Direct
investment

AVAL Bank SME II

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

Bank lending

Private

2006

34,676

34,676

34,676

Ukraine

Direct
investment

Renaissance Life Ukraine

Capital increase for a private life insurance


provider.

Insurance and
financial
services

Private

2006

7,041

4,399

4,399

Ukraine

Regional
investment

Capital Media

Long-term financing enabling extension of


operations for TV broadcaster operating in
central and eastern Europe.

Telecoms,
Private
informatics and
media

2006

60,000

30,000

30,000

Ukraine

Regional
investment

SigmaBleyzer Southeast
European Fund IV CV

Private equity fund.

Equity funds

Private

2005

37,500

37,500

37,500

Ukraine

Direct
investment

Kiev-Chop road upgrade

Completion of the upgrading of M06 Kiev-Chop


road to European standards.

Transport

State

2006

485,995

199,998

199,998

All investments 1991- 2009

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Ukraine

Direct
investment

Yugreftransflot (YTF)

Finance for the company's fleet expansion


programme.

Transport

Private

2007

26,770

2,635

2,635

Ukraine

Direct
investment

Black Sea Shipping


Management Company

Construction and acquisition of five cargo ships. Transport

Private

2006

20,945

5,618

5,618

Ukraine

Direct
investment

Ekoenergia

Construction of a cogeneration facility using


waste gases to produce electricity.

Manufacturing
and services

Private

2006

218,878

69,353

69,353

Ukraine

Direct
investment

Ukraine Micro-lending
Programme II

Kredobank

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

Small business Private


finance

2007

3,468

3,468

3,468

Ukraine

Direct
investment

Vetropack Gostomel

Investment in efficiency and capacity expansion


of producer of glass containers.

Agribusiness

Private

2006

60,193

20,451

20,451

Ukraine

Regional
investment

Bluehouse equity fund

Property and
tourism

Private

2006

7,627

1,250

1,250

Ukraine

Direct
investment

Mittal Steel

Equity investment in Bluehouse Accession


Property, a fund acquiring, developing,
renovating, owning and managing property in
Bulgaria, Croatia, Moldova, Romania, Serbia and
Ukraine.
Financing to increase productivity and energy
efficiency at Kryviy Rih steel plant.

Manufacturing
and services

Private

2006

138,706

138,706

138,706

Ukraine

Direct
investment

Farmak

Upgrade and construction of manufacturing


facilities for a pharmaceuticals company.

Manufacturing
and services

Private

2006

27,000

18,563

18,563

Ukraine

Regional
investment

BSR Europe Co-Investment


Facility

Equity investment in a company developing


Property and
office, retail, residential and industrial real estate tourism
in Ukraine.

Private

2006

10,000

3,500

3,500

Ukraine

Direct
investment

ProCredit Bank Ukraine

Syndicated loan to allow development of lending Small business Private


to micro and small businesses.
finance

2006

18,725

6,242

6,242

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Ukraine

Direct
investment

Barlinek

Construction of a floorboard production facility in Manufacturing


central Ukraine.
and services

Private

2006

61,825

25,605

3,658

29,262

Ukraine

Regional
investment

Europolis III

Private

2006

37,125

3,150

4,725

7,875

Ukraine

Direct
investment

Kredo Bank

Property and
Equity investment allowing the creation of a
regional portfolio of property assets in Bosnia and tourism
Herzegovina, Bulgaria, FYR Macedonia,
Montenegro, Romania, Russia, Serbia and
Ukraine.
Capital increase to finance continued growth and Bank equity
development.

Private

2006

3,306

3,306

3,306

Ukraine

Direct
investment

Cersanit Invest

Loan to finance construction of new sanitary ware Manufacturing


and ceramic tile production facilities.
and services

Private

2007

106,227

54,138

54,138

Ukraine

Direct
investment

Ukraine Energy Efficiency


Programme

UkrExim bank

Credit line for on-lending for energy efficiency and Bank lending
renewable energy investments.

Private

2007

34,676

34,676

34,676

Ukraine

Direct
investment

Kreditprombank

Credit line for on-lending to micro, small and


medium-sized businesses.

Bank lending

Private

2006

29,128

9,016

9,016

Ukraine

Direct
investment

Zitomir

Investment in restructuring and modernisation of Agribusiness


a glass producer in Zitomir.

Private

2006

10,000

4,000

4,000

Ukraine

Direct
investment

Cantik

Finance for the development and construction of Property and


six retail centres across the country.
tourism

Private

2007

57,185

11,239

11,239

Ukraine

Regional
investment

AIG New Europe Fund II

Equity funds
Regional private equity fund investing in equity
and equity securities of companies in central and
south-eastern Europe, subsidiary of AIG Global
Investment Group.

Private

2006

5,000

5,000

5,000

Ukraine

Direct
investment

GTC Ukraine Equity

Equity investment in company constructing new


residential, retail and office developments.

Private

2006

69,286

6,868

6,868

All investments 1991- 2009

Sector

Property and
tourism

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Ukraine

Direct
investment

Expert Capital Retail

Finance for design, development, construction,


ownership and operation of three shopping
centres located in Kiev, Krivoy Rog and
Simferopol.

Property and
tourism

Private

2008

113,665

19,414

19,414

Ukraine

Direct
investment

Ukraine Energy Efficiency


Programme

Kreditprombank

Credit line to Kreditprombank for on-lending to


local business energy efficiency projects.

Bank lending

Private

2006

6,935

6,935

6,935

Ukraine

Direct
investment

Forum Bank

Loan for on-lending to small and medium-sized


enterprises.

Bank lending

Private

2007

83,917

8,322

8,322

Ukraine

Direct
investment

Forum Bank

Loan to support mortgage lending in Ukraine.

Bank lending

Private

2007

13,871

6,935

6,935

Ukraine

Direct
investment

Bosch Facility II

Loan for the expansion of auto service workshops Manufacturing


across Ukraine.
and services

Private

2007

6,000

5,000

5,000

Ukraine

Direct
investment

UkrSibbank

Loan for on-lending to small and medium-sized


enterprises in Ukraine.

Bank lending

Private

2008

34,676

34,676

34,676

Ukraine

Regional
investment

E-Energia

Municipal and
environmental
infrastructure

Private

2007

1,700

1,700

1,700

Ukraine

Direct
investment

Cherkasy Energy Efficiency

Equity investment in E-energija, which provides


heat and hot water services to both residential
and industrial customers in Lithuania and Latvia
and is considering expanding its operations into
Ukraine.
Loan to municipal district heating company for
energy efficiency improvements.

Municipal and
environmental
infrastructure

State

2008

14,200

11,200

11,200

Ukraine

Direct
investment

Soufflet Multi-project Facility

Ukraine ACL 2007

Loan for malt production.

Agribusiness

Private

2007

5,490

5,490

5,490

Ukraine

Direct
investment

ISTIL

Loan for working capital and energy efficiency


improvements.

Manufacturing
and services

Private

2007

83,224

20,806

20,806

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Ukraine

Direct
investment

Bunge Loan Increase

Increase of the earlier loan to finance


construction of edible oil plant.

Agribusiness

Private

2006

6,935

3,468

3,468

Ukraine

Regional
investment

Accession Mezzanine Capital II -

Private equity fund investing in central and south- Equity funds


eastern European as well as Russia and Ukraine.

Private

2007

20,000

4,000

4,000

Ukraine

Direct
investment

Slavutich Expansion II

Investment to increase production capacity at


brewery.

Private

2007

67,421

33,711

33,711

Ukraine

Direct
investment

Rodovid Bank

Loan for on-lending to micro, small and medium- Small business Private
sized enterprises.
finance

2007

1,734

1,734

1,734

Ukraine

Direct
investment

Rivne Kyiv High Voltage Line

Support for construction of a new power


transmission line.

State

2008

405,000

150,000

150,000

Ukraine

Direct
investment

Kyiv City Transport (Metro)

Finance for new rolling stock and spare parts for Municipal and
Kiev Metro system.
environmental
infrastructure

State

2007

44,360

40,000

40,000

Ukraine

Direct
investment

Odessa District Heating

Loan for rehabilitation and modernisation of


district heating services in Odessa.

Municipal and
environmental
infrastructure

State

2008

21,900

21,900

21,900

Ukraine

Regional
investment

Baring Vostok Private Equity


Fund IV

Private equity fund investing in middle-market


enterprises.

Equity funds

Private

2007

72,810

2,070

2,070

Ukraine

Direct
investment

Furshet - Direct Equity

Investment in a chain of grocery stores.

Agribusiness

Private

2006

14,176

14,176

14,176

Ukraine

Direct
investment

Galnaftogaz

Finance for the expansion of the company's


network of OKKO petrol stations.

Natural
Resources

Private

2007

138,704

34,676

34,676

All investments 1991- 2009

Agribusiness

Power and
energy

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Ukraine

Direct
investment

Cadogan Petroleum

Equity investment to support the exploration and Natural


development of deep gas fields.
Resources

Private

2007

16,363

16,363

16,363

Ukraine

Direct
investment

Slobozhanska Budivelna
Keramika (SBK)

Loan for the construction of new brick production Manufacturing


facilities and renovation of old ones.
and services

Private

2007

36,064

6,103

6,103

Ukraine

Direct
investment

Soufflet Multi-project Facility

Slavuta ACL 2007

Support for the acquisition and restructuring of


Slavuta in order to expand its operations to
Ukraine and support local barley farmers.

Private

2007

17,199

17,199

17,199

Ukraine

Direct
investment

MegaBank

Loan for on-lending to micro, small and medium- Small business Private
sized enterprises.
finance

2007

12,830

12,830

12,830

Ukraine

Direct
investment

International Mortgage Bank of Ukraine

Loan to support the development of mortgage


lending in Ukraine.

Private

2007

13,871

13,871

13,871

Ukraine

Direct
investment

OTP Ukraine

Finance to support bank's regional development Bank lending


and small and medium-sized enterprise lending

Private

2008

45,079

45,079

45,079

Ukraine

Direct
investment

Kreditprom Syndicated Facility II

Loan for working capital and energy efficiency


improvements.

Bank lending

Private

2007

69,352

19,419

19,419

Ukraine

Direct
investment

Ukraine Railways: Rolling


Stock Renewal Project

Support for the reform of Ukraines railway


system with a loan to finance a programme to
renew rolling stock.

Transport

State

2009

108,751

43,346

43,346

Ukraine

Direct
investment

AVAL

Investment to support domestic growth.

Bank lending

Private

2008

52,015

52,015

52,015

Ukraine

Regional
investment

Heitman Russia and Ukraine


Property Partners

Property and
Equity investment to develop,
reconstruct, acquire, own and manage real estate tourism
property in Russia and Ukraine.

Private

2007

14,658

94

94

All investments 1991- 2009

Sector

Agribusiness

Insurance and
financial
services

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Ukraine

Direct
investment

Agroinvest

Loan for the construction of production facilities. Agribusiness

Private

2007

10,000

10,000

10,000

Ukraine

Direct
investment

Cersanit Cypr

Loan to finance construction of new sanitary ware Manufacturing


and ceramic tile production facilities.
and services

Private

2007

29,762

6,550

6,550

Ukraine

Direct
investment

Kyiv City Transport (PasTrans) -

Loan to the company responsible for us, tram and Municipal and
trolleybus services in Kiev.
environmental
infrastructure

State

2007

66,360

60,000

60,000

Ukraine

Direct
investment

Post Privatisation Fund

Equity fund supporting financial and operational


restructuring of medium-sized enterprises.

Equity funds

Private

1997

21,018

21,018

21,018

Ukraine

Regional
investment

Troika Dialogue

Loan to encourage development of financial


intermediation in Russia and the CIS and foster
competition on the local capital markets.

Insurance and
financial
services

Private

2007

19,419

8,322

8,322

Ukraine

Direct
investment

Astarta

Loan to support Ukraines leading sugar producer Agribusiness


and farm operator in its investments in energy
efficiency.

Private

2008

13,871

13,871

13,871

Ukraine

Direct
investment

Brovary Logistics Centre

The development of a large modern logistics


centre, addressing the severe shortage of
adequate warehouse space in Kiev region and
Ukraine as a whole.

Property and
tourism

Private

2009

48,860

5,548

5,548

Ukraine

Regional
investment

Russia Partners III

agribusinesses in Kazakhstan and Russia.

Equity funds

Private

2007

8,670

8,670

8,670

Ukraine

Regional
investment

Capital Media

Development and restructuring of TV


broadcasting group.

Telecoms,
Private
informatics and
media

2007

30,000

15,000

15,000

Ukraine

Direct
investment

Shostka/Bel

Loan for modernisation of production facilities and Agribusiness


increasing capacity at a processed cheese
manufacturer.

2007

21,491

8,028

8,028

All investments 1991- 2009

Sector

Portfolio
Class

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Ukraine

Direct
investment

OISIW Cable

Investment in improvements to telecoms and


media infrastructure in Ukraine.

Telecoms,
Private
informatics and
media

2007

57,091

22,198

22,198

Ukraine

Direct
investment

Soufflet Agro Ukraine ACL


2008

Supporting a malt producer.

Agribusiness

Private

2008

10,979

10,979

10,979

Ukraine

Regional
investment

Baring Vostok Private Equity


Supplemental Fund

Private equity fund investing in Russia,


Kazakhstan and Ukraine.

Equity funds

Private

2007

31,267

3,462

3,462

Ukraine

Direct
investment

Renaissance Credit Ukraine

Loan to support growth of a retail lending


business.

Insurance and
financial
services

Private

2008

17,338

17,338

17,338

Ukraine

Direct
investment

E-Energia

Municipal and
environmental
infrastructure

Private

2007

7,500

7,500

7,500

Ukraine

Regional
investment

EnerCap

Equity investment in E-energija, which provides


heat and hot water services to both residential
and industrial customers in Lithuania and Latvia
and is considering expanding its operations into
Ukraine.
Private equity fund dedicated to investing in
renewable energy and energy efficiency projects
in central and south-eastern Europe.

Power and
energy

Private

2007

10,000

2,500

2,500

Ukraine

Regional
investment

Advent Central and Eastern


Europe IV

Support investment into central and southeastern European and Ukrainian companies.

Equity funds

Private

2008

5,000

5,000

5,000

Ukraine

Regional
investment

Russian Developer Fund

Equity investment to support real estate


developers in Armenia, Azerbaijan, Belarus,
Georgia, Kazakhstan, Kyrgyzstan, Moldova,
Russia, Tajikistan, Ukraine and Uzbekistan.

Property and
tourism

Private

2008

10,323

2,073

2,073

Ukraine

Direct
investment

Ukraine Energy Efficiency


Programme

Forum Bank

Funds for on-lending to energy efficiency


projects.

Bank lending

Private

2008

17,338

17,338

17,338

Ukraine

Direct
investment

Centravis

Balance sheet restructuring of a metal


manufacturer.

Manufacturing
and services

Private

2009

48,000

15,000

15,000

All investments 1991- 2009

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Ukraine

Direct
investment

Lafarge Mykolaiv

Equity investment to increase cement production Manufacturing


capacity and to achieve energy consumption
and services
reduction.

Private

2008

55,174

55,174

55,174

Ukraine

Direct
investment

UkrSotsbank

Loan to promote development of mortgage


lending in Ukraine.

Bank lending

Private

2008

52,015

52,015

52,015

Ukraine

Regional
investment

UFG Private Equity Fund II

Investment in a private equity fund that targets


medium-sized enterprises in the CIS.

Equity funds

Private

2009

3,481

3,481

3,481

Ukraine

Direct
investment

Ivano-Frankivsk District
Heating

Loan to utility company to improve the quality of


heating and hot water delivery services.

Municipal and
environmental
infrastructure

State

2009

11,700

11,700

11,700

Ukraine

Direct
investment

Odessa terminal

Financing for the construction of a container


terminal at the port of Odessa.

Transport

Private

2009

51,321

25,661

25,661

Ukraine

Regional
investment

CEE Special Situations Fund

CRG Capital

Investment in an equity fund managed by CRG


Partners targeting distressed and underperforming companies.

Equity funds

Private

2009

1,000

1,000

1,000

Ukraine

Regional
investment

Aqualia Investment Venture

Equity in a new company that invests in water


concessions and acquires other privately held
water groups.

Municipal and
environmental
infrastructure

Private

2009

8,163

4,000

4,000

Ukraine

Direct
investment

Kyiv City Traffic Management -

Loan for development of traffic management


system for major transport corridors.

Municipal and
environmental
infrastructure

State

2008

33,000

15,000

15,000

Ukraine

Direct
investment

ProCredit Ukraine

Loan for on-lending to micro and small


enterprises.

Small business Private


finance

2008

13,871

6,935

6,935

Ukraine

Regional
investment

Macquarie Renaissance
Infrastructure Fund

Supporting infrastructure projects in Kazakhstan, Transport


Russia and Ukraine.

2008

95,360

17,338

17,338

All investments 1991- 2009

Sector

Portfolio
Class

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Ukraine

Direct
investment

Desnagrain

Loan to support the local farming sector.

Agribusiness

Private

2008

20,806

20,806

20,806

Ukraine

Direct
investment

Lviv public transport

Upgrade of Lviv city's public transport network.

Municipal and
environmental
infrastructure

State

2009

14,500

12,000

12,000

Ukraine

Direct
investment

Ukraine Energy Efficiency


Programme

OTP Bank

Funds for on-lending to energy efficiency


projects.

Bank lending

Private

2008

27,741

10,403

10,403

Ukraine

Direct
investment

Ukraine Energy Efficiency


Programme

UkrExim Bank

Funds for on-lending to energy efficiency


projects.

Bank lending

Private

2008

34,676

34,676

34,676

Ukraine

Regional
investment

European Fund for SouthEast Europe II

Support to financial institutions for on-lending to Small business Private


MSMEs, as well as for housing and rural finance. finance

2009

11,550

1,650

1,650

Ukraine

Direct
investment

NCH Farming

Working capital financing for a Ukrainian farming Agribusiness


fund.

Private

2009

34,676

24,274

24,274

Ukraine

Direct
investment

Noble Group

Loan for the construction of an oilseed crushing


plant and development of port facilities on the
Black Sea.

Private

2009

78,369

17,338

17,338

Ukraine

Direct
investment

Galnaftogas petrol stations

Investment to finance the company's acquisition Natural


and capital expenditure programme.
Resources

Private

2009

34,330

34,330

34,330

Ukraine

Direct
investment

Lviv road modernisation

Loan for the modernisation of the city's road and Municipal and
transport system.
environmental
infrastructure

State

2009

31,900

26,000

26,000

Ukraine

Direct
investment

Euroterminal Odessa

Development of port infrastructure, including


container handling facilities.

Private

2009

32,804

6,242

6,242

All investments 1991- 2009

Agribusiness

Transport

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Ukraine

Direct
investment

Astarta II

Modernisation/expansion of Astarta's sugar


plants via improvements in energy efficiency.

Agribusiness

Private

2009

13,871

13,871

13,871

Ukraine

Direct
investment

MegaBank

Equity investment to strengthen the MegaBank's Bank equity


capital and liquidity as a result of the financial
crisis.

Private

2009

12,758

6,256

6,256

Ukraine

Regional
investment

Soufflet Agriculture

Loan for working capital.

Agribusiness

Private

2009

25,000

25,000

25,000

Ukraine

Direct
investment

Odessa Terminal

Support for the development of a container


terminal in the Port of Odessa.

Transport

Private

2009

694

694

694

Ukraine

Direct
investment

Forum Bank

Crisis-response subordinated loan to support the Bank lending


bank's capitalisation.

Private

2009

55,482

55,482

55,482

Ukraine

Direct
investment

Ukreximbank

Largest transaction to date in Ukrainian banking Bank lending


sector promotes lending to real economy.

Private

2009

173,382

173,382

173,382

Ukraine

Direct
investment

MegaBank

Continuing its support to the Ukrainian banking


sector.

Bank lending

Private

2009

10,403

10,403

10,403

Ukraine

Direct
investment

UkrSibbank

Support for an important financial institution with aBank lending


large client base.

Private

2009

69,353

69,353

69,353

Ukraine

Direct
investment

Domi

A loan to Ergopack, one of Ukraines largest


producers and distributors of disposable
household consumer products.

Manufacturing
and services

Private

2009

5,479

5,479

5,479

Ukraine

Direct
investment

Obolon III

Support for Obolon in restructuring its balance


sheet and funding energy efficiency
improvements.

Agribusiness

Private

2009

95,706

31,209

31,209

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Ukraine

Direct
investment

Unicredit Group

Ukrsotsbank

Medium and long-term debt financing in support Bank lending


of SMEs, lease finance and energy efficiency
projects.

Private

2009

69,353

69,353

69,353

Ukraine

Direct
investment

Cantik

Finance for the development, construction and


operation of a chain of international standard
specialist retail centres.

Property and
tourism

Private

2009

16,229

6,589

6,589

Ukraine

Direct
investment

Maisadour

Financing for part of the construction of a


greenfield seed production plant in Ukraine.

Agribusiness

Private

2009

37,375

13,000

13,000

Ukraine

Direct
investment

Logoplaste Ukraine

Support for the acquisition, modernisation and


operation of the packaging facilities of SC
Johnson Ukraine.

Manufacturing
and services

Private

2009

4,100

4,100

4,100

Ukraine

Regional
investment

Heitman Eastern European


Property Fund

An equity investment into Heitman European


Property Partners IV, an investment vehicle
pursuing long-term capital appreciation through
real estate investments.

Property and
tourism

Private

2009

45,550

7,500

7,500

Ukraine

Direct
investment

Ukreximbank

Syndicated loan to contribute to the banking


sector stability and promote lending to the real
economy.

Bank lending

Private

2009

93,280

34,676

34,676

Ukraine

Regional
investment

Louis Dreyfus Grain Trade


Finance

Providing stable financing for the increasing


working capital needs of the agricultural
commodities trading activities.

Agribusiness

Private

2009

95,360

26,007

26,007

Ukraine

Direct
investment

Bank Aval

The 10-year subordinated loan will support


Bank lending
Raiffeisen Bank Aval's capital base thus boosting
the banks overall financial strength.

Private

2009

104,029

104,029

104,029

Ukraine

Regional
investment

Almaz Capital Russia Fund I

The Fund will make equity and equity-related


Equity funds
venture capital investments in companies based
in Russia and the CIS.

Private

2009

1,345

416

416

Ukraine

Direct
investment

Regional Trade Facilitation


Programme

State Export Import Bank of Support for foreign trade.


Ukraine

Private

2007

2,081

1,041

1,041

2,081

All investments 1991- 2009

Sector

Bank lending

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Ukraine

Direct
investment

Centravis

Support for an important local manufacturer,


aiming to raise governance and environmental
standards throughout the country's steel tubes
and pipes sector.

Manufacturing
and services

Private

2009

52,000

10,000

10,000

Uzbekistan

Regional
investment

First NIS Regional Fund

Equity fund investing in companies in the New


Independent States (NIS).

Equity funds

Private

1994

518

310

310

Uzbekistan

Direct
investment

Zarafshan-Newmont jointventure

Expansion of heap leaching facility processing


ore from the Muruntau gold mine.

Natural
Resources

Private

1993

104,029

36,410

36,410

Uzbekistan

Direct
investment

SME credit line

NBU

Credit line to assist small and medium-sized


enterprises.

Bank lending

Private

1993

41,611

41,611

41,611

Uzbekistan

Direct
investment

Syrdarinskaya power plant

Upgrade of turbines and water intake system at


power plant.

Power and
energy

State

1997

31,292

19,279

19,279

Uzbekistan

Direct
investment

Kasansay-Tekmen wool
products

Construction of woollen textile plant and purchase Manufacturing


of equipment.
and services

Private

1996

54,739

12,451

6,225

18,676

Uzbekistan

Direct
investment

Fergana refinery

Upgrade of refinery and improvement of safety


system and environmental impact.

Natural
Resources

State

1997

133,304

60,206

60,206

Uzbekistan

Direct
investment

Tashkent Airport

Modernisation of passenger terminal and


improvements to taxiways.

Transport

State

1997

37,718

26,621

26,621

Uzbekistan

Direct
investment

Uzbek Leasing International

Investment in leasing firm targeting small and


medium-sized enterprises.

Insurance and
financial
services

Private

1995

13,407

514

514

Uzbekistan

Direct
investment

Zarafshan-Newmont jointventure

Expansion of heap leaching facility processing


ore from the Muruntau gold mine.

Natural
Resources

Private

1995

74,901

13,871

13,871

All investments 1991- 2009

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Uzbekistan

Direct
investment

Uzbekistan

Description

Sector

Portfolio
Class

ABN-AMRO Bank Uzbekistan -

Equity investment.

Bank equity

Private

1996

6,068

867

867

Direct
investment

Sergily building materials

Upgrade of brick factory.

Manufacturing
and services

Private

1996

29,101

9,670

9,670

Uzbekistan

Direct
investment

UzDaewoo Bank

Equity investment in commercial and investment Bank equity


bank.

Private

1996

14,832

4,429

4,429

Uzbekistan

Direct
investment

Regional Trade Facilitation


Programme

NBU

Support for foreign trade.

Bank lending

State

1995

27,741

27,741

27,741

Uzbekistan

Direct
investment

Uzbek railways freight traction renewal and management


project

Modernisation and restructuring of Uzbek


railways.

Transport

State

1999

77,315

27,741

27,741

Uzbekistan

Direct
investment

SME credit line

Asaka Bank

Credit line to assist small and medium-sized


enterprises.

Bank lending

Private

1996

20,771

20,771

20,771

Uzbekistan

Direct
investment

SME credit line

NBU

Credit line to assist small and medium-sized


enterprises.

Bank lending

Private

1996

41,686

38,218

38,218

Uzbekistan

Direct
investment

Tashkent solid waste


management

Upgrade of infrastructure for municipal and


industrial solid waste management.

Municipal and
environmental
infrastructure

State

1998

27,112

6,704

6,704

Uzbekistan

Direct
investment

Regional Trade Facilitation


Programme

Asaka Bank

Support for foreign trade.

Bank lending

State

1998

6,935

6,935

6,935

Uzbekistan

Direct
investment

Regional Trade Facilitation


Programme

UzDaewoo Bank

Support for foreign trade.

Bank lending

Private

1998

3,121

3,121

3,121

All investments 1991- 2009

Sub project

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Uzbekistan

Direct
investment

SME credit line

UzPromstroy Bank

Credit line to assist small and medium-sized


enterprises.

Bank lending

Private

1999

5,785

5,785

5,785

Uzbekistan

Direct
investment

Kasansay-Tekmen wool
products

Construction of woollen textile plant and purchase Manufacturing


of equipment.
and services

Private

1999

13,696

5,373

5,373

Uzbekistan

Direct
investment

Zarafshan-Newmont jointventure

Expansion of heap leaching facility processing


ore from the Muruntau gold mine.

Natural
Resources

Private

2000

230,113

10,403

10,403

Uzbekistan

Direct
investment

Uzbek Leasing International

Investment in leasing firm targeting small and


medium-sized enterprises.

Insurance and
financial
services

Private

2000

7,192

510

510

1,019

Uzbekistan

Direct
investment

SME credit line

Pakhta Bank

Credit line to assist small and medium-sized


enterprises.

Bank lending

Private

2000

8,077

8,077

8,077

Uzbekistan

Direct
investment

Uz-Arctech

Establishment of manufacturing plant producing


welding equipment.

Manufacturing
and services

Private

2004

18,587

6,589

6,589

Uzbekistan

Direct
investment

Locomotive re-powering
project

Re-powering of diesel-electric locomotives,


including the installation of new engines, main
alternators and cooler groups.

Transport

State

2001

57,563

47,160

47,160

Uzbekistan

Direct
investment

Direct Investment Facility

SealMag

Acquisition of colour offset printing equipment.

Manufacturing
and services

Private

2002

1,074

586

586

Uzbekistan

Direct
investment

Bursel Tashkent Textile

Establishment of textile plant manufacturing high- Manufacturing


quality knitted cotton garments.
and services

Private

2003

30,515

9,016

9,016

Uzbekistan

Direct
investment

Tashkent water supply


improvement

Replacement of equipment and construction of


reservoir.

State

2004

9,538

6,764

6,764

All investments 1991- 2009

Municipal and
environmental
infrastructure

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Uzbekistan

Direct
investment

Japan-Uzbekistan Small
Business Programme

Pakhta Bank

Financing for micro and small enterprises.

Small business Private


finance

2002

1,318

1,318

1,318

Uzbekistan

Direct
investment

Japan-Uzbekistan Small
Business Programme

Hamkor Bank

Financing for micro and small enterprises.

Small business Private


finance

2002

1,387

1,387

1,387

Uzbekistan

Direct
investment

Japan-Uzbekistan Small
Business Programme

Ipoteck Bank

Credit lines to Uzjilsberbank for on-lending to


small and medium-sized businesses.

Small business Private


finance

2004

1,387

1,387

1,387

Uzbekistan

Direct
investment

Direct Lending Facility

Berad-Agro

Financing for dried fruit and vegetable producer. Agribusiness

Private

2004

832

832

832

Uzbekistan

Direct
investment

Japan-Uzbekistan Small
Business Programme

Hamkor Bank

Credit lines to Hamkor Bank for on-lending to


small and medium-sized businesses.

Small business Private


finance

2004

2,081

2,081

2,081

Uzbekistan

Direct
investment

Unitel

Acquisition of second-largest mobile operator in


Uzbekistan.

Telecoms,
Private
informatics and
media

2004

53,089

4,082

4,082

Uzbekistan

Direct
investment

Direct Lending Facility

Mekhnat Pivo

Loan to help increase current production capacity Agribusiness


of a brewery.

Private

2005

3,100

2,800

2,800

Uzbekistan

Direct
investment

Regional Trade Facilitation


Programme

Hamkor Bank

Support for foreign trade.

Bank lending

Private

2006

2,485

2,485

2,485

Uzbekistan

Direct
investment

Direct Lending Facility

JV Green World

Loan to expand production of fruit and vegetable Agribusiness


concentrates and purees.

Private

2007

5,321

2,200

2,200

Uzbekistan

Direct
investment

Hamkor Bank

Loan for on-lending to micro, small and medium- Small business Private
sized enterprises.
finance

2007

3,468

3,468

3,468

All investments 1991- 2009

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Uzbekistan

Direct
investment

Bayteks

Establishment of a modern textile plant.

Manufacturing
and services

Private

2005

19,419

5,548

5,548

Uzbekistan

Direct
investment

Japan-Uzbekistan Small
Business Programme

Hamkor Bank

Credit line to Hamkor Bank for on-lending to local Small business Private
micro and small businesses.
finance

2006

2,081

2,081

2,081

Uzbekistan

Direct
investment

Direct Lending Facility

Oltin Taqa

Loan to Oltin Taqa to increase production


facilities for fruit and vegetable concentrates.

Agribusiness

Private

2006

365

365

365

Uzbekistan

Direct
investment

Bursel Demand Loan

Loan to a cotton garment manufacturer.

Manufacturing
and services

Private

2006

2,968

2,968

2,968

Uzbekistan

Regional
investment

Centras Private Equity Fund

Private equity fund investing in companies


operating in or exporting products or services
from Kazakhstan, Russia and Central Asia.

Equity funds

Private

2007

629

629

629

Uzbekistan

Direct
investment

Direct Lending Facility

Imkon Plus

Loan to leading ice cream producer for


expansion.

Agribusiness

Private

2007

2,670

1,803

1,803

Uzbekistan

Direct
investment

Direc Lending Facility

Andijan Cable

Finance for the purchase of new lines for


production of power cables, commodity copper
wire and LAN cables.

Manufacturing
and services

Private

2009

3,468

3,468

3,468

Uzbekistan

Direct
investment

Direct Lending Facility

Mekhnat Pivo II

Funds for the purchase of a beer bottling line.

Agribusiness

Private

2007

2,000

2,000

2,000

Uzbekistan

Direct
investment

Direct Lending Facility

Malika Hotel Khiva

Loan for the expansion of hotel facilities via a bed Property and
and breakfast type hotel in Nukus.
tourism

Private

2007

139

139

139

Uzbekistan

Regional
investment

Kazakhstan Growth Fund

Equity investments to strengthen private


companies.

Private

2008

910

832

832

All investments 1991- 2009

Equity funds

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Uzbekistan

Direct
investment

Uzbek Leasing International

Loan to support small and medium-sized


enterprises in Uzbekistan.

Insurance and
financial
services

Private

2008

2,081

2,081

2,081

Uzbekistan

Regional
investment

Aureos Central Asia Fund

Equity investment to support medium-sized


enterprises in Azerbaijan, Central Asia and
Georgia.

Equity funds

Private

2008

71

71

71

Uzbekistan

Direct
investment

Direct Lending Facility

Tarleplast

Finance to support expansion of a plastics goods Agribusiness


producer.

Private

2008

3,190

3,190

3,190

Uzbekistan

Direct
investment

Direct Lending Facility

Jurabek Laboratories

Finance to support expansion of a


pharmaceuticals producer.

Manufacturing
and services

Private

2008

2,500

2,500

2,500

Uzbekistan

Direct
investment

Direct Lending Facility

Shahboz Shahrom

Finance to support modernisation and expansion Manufacturing


of a local carpet producer.
and services

Private

2008

1,040

1,040

1,040

Uzbekistan

Direct
investment

Direct Lending Facility

Agromir and Agromir


Samarkand

Funds to support balance sheet restructuring and Agribusiness


for working capital.

Private

2009

3,468

3,468

3,468

Uzbekistan

Regional
investment

Mobile TeleSystems

Finance to support mobile network expansion.

Telecoms,
Private
informatics and
media

2008

55,950

17,250

17,250

Uzbekistan

Direct
investment

Direct Lending Facility

Mekhnat Pivo III

Investment to finance expansion of a local


brewery.

Agribusiness

Private

2008

12,100

6,300

6,300

Uzbekistan

Direct
investment

Hamkor Bank

Small business Private


Help to increase the availability of financing to
private businesses with a credit line for on-lendingfinance
to MSEs.

2009

3,468

1,734

1,734

Uzbekistan

Direct
investment

Direct Lending Facility

Imkon Plus II

Loan to an ice cream producer to increase


production capacity and improve the regional
distribution network.

2009

2,774

2,774

2,774

All investments 1991- 2009

Agribusiness

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

All investments 1991- 2009

Country

Type of
investment

Project name

Sub project

Description

Uzbekistan

Direct
investment

Direct Lending Facility

Marwin Brands - Dena

Helping a juice and nectar producer in Uzbekistan Agribusiness


to diversify production and improve its regional
distribution network.

All investments 1991- 2009

Sector

Portfolio
Class

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)
2009

1,400

1,400

EBRD Total EBRD


guarantee
finance
( 000)
( 000)
0

1,400

EBRD Investments 1991-2009

Albania

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

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

30,658

Direct
investment

Albanian Telecom

Modernisation and expansion of


telecommunications network.

Telecoms,
informatics
and media

State

1992

38,045

6,823

6,823

Direct
investment

Drin River cascade


rehabilitation

Upgrade of main hydro power plants

Power and
energy

State

1994

34,165

1,445

1,445

Direct
investment

Hotel Rogner

Construction of three-star hotel in Tirana.

Property and
tourism

Private

1994

24,237

8,122

2,030

10,152

Direct
investment

Tirana Hotel

Operation of three-star hotel in Tirana.

Property and
tourism

Private

1993

18,367

8,150

2,717

10,867

Direct
investment

Coca-Cola Tirana

Establishment of first local soft drink


producer and bottling plant.

Agribusiness

Private

1993

9,551

2,824

2,824

Direct
investment

Power transmission and


distribution project

Upgrade of power transmission and


distribution systems.

Power and
energy

State

1995

80,880

100

100

Direct
investment

ProCredit Bank Albania


(formerly FEFAD Bank)

Financing for micro and small enterprises.

Small business Private


finance

1999

4,758

1,077

1,077

Direct
investment

National Commercial Bank

Bank equity
Restructuring of commercial banks
operations and strengthening of capital base.

Private

2000

7,880

2,332

2,332

Direct
investment

SME recovery credit line

Banca Italo-Albanese

Credit line to assist small and medium-sized Bank lending


enterprises.

Private

1998

1,004

1,004

1,004

Albania

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Albania

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Albania power sector


reconstruction

Modernisation of main hydro power plants,


transmission and distribution networks.

Power and
energy

State

1999

63,042

29,842

29,842

Direct
investment

Albania power distribution


rehabilitation

Upgrade of power transmission, distribution Power and


systems and substations.
energy

State

2002

190,293

23,890

23,890

Direct
investment

Road rehabilitation project

Emergency improvements to 30 km section Transport


of road between Elbasan and Librazhd.

State

2002

24,873

16,987

16,987

Direct
investment

INSIG

Pre-privatisation equity investment in leading Insurance and Private


insurance provider.
financial
services

2003

13,193

2,157

2,157

4,313

Direct
investment

Vodafone Albania

Expansion of GSM mobile network.

Telecoms,
informatics
and media

Private

2003

72,500

24,706

24,706

Direct
investment

Fushe Kruje cement factory

Installation of new cement production line.

Manufacturing Private
and services

2004

101,017

20,806

20,806

Direct
investment

Vlore thermal power plant

Construction of oil-fuelled thermal power


station.

Power and
energy

State

2004

104,071

40,000

40,000

Direct
investment

Tirana Airport Privatisation


Project

Upgrading of facilities at the airport.

Transport

Private

2005

78,299

31,600

31,600

Direct
investment

Fier-Tepelene road
rehabilitation project

Upgrading and construction of the road from Transport


Fier to Tepelene.

State

2005

109,000

35,000

35,000

Direct
investment

Morpack Albania

Construction of a food packaging plant.

Private

2005

5,500

2,500

2,500

Albania

Agribusiness

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Albania

Type of
investment

Project name

Regional
investment

Southeast Europe Equity Fund II

Equity fund investing in private funds in southEquity funds


eastern Europe.

Private

2005

1,812

1,812

1,812

Direct
investment

Durres port

Loan to finance a ferry terminal and related Transport


infrastructure at the port of Durres.

State

2007

40,000

14,000

14,000

Direct
investment

Western Balkans Local


Enterprise Facility

Union Bank of Tirana

Equity investment to strengthen Albanian


banks expansion and lending activities.

Bank equity

Private

2008

4,000

3,450

3,450

Direct
investment

Power transmission
substations upgrade

Upgrading of six transmission substations


crucial to Albanias energy transmission
system.

Power and
energy

State

2006

38,290

16,000

16,000

Direct
investment

Tirana municipal transport

Comprehensive upgrade of roads in Tirana. Municipal and State


environmental
infrastructure

2006

14,600

14,600

14,600

Regional
investment

European Fund for Southeast Europe

2006

2,000

2,000

2,000

Direct
investment

Euromax

Privately managed public/private investment Small business Private


fund which will provide financing for micro, finance
small and medium-sized businesses as well
as housing and rural finance in south-eastern
Europe.
Construction and operation of five
Agribusiness Private
supermarkets.

2006

15,049

6,039

1,510

7,549

Regional
investment

Balkan Accession Fund

Finance provided to a private equity fund


investing in medium-sized businesses.

Equity funds

Private

2006

5,245

1,120

1,120

Direct
investment

Levan-Vlore road

Loan to upgrade the road from Levan to


Vlore.

Transport

State

2007

60,200

22,000

22,000

Direct
investment

Western Balkans Local


Enterprise Facility

BI-Invest

Establishment of a greenfield concrete


production plant in Lushnje, Albania.

Manufacturing Private
and services

2007

1,000

700

700

Albania

Sub project

Description

Sector

Portfolio
Class

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Albania

Type of
investment

Project name

Sub project

Description

Sector

Direct
investment

Antea Cement

Debt and equity financing for construction


and operation of a new plant.

Manufacturing Private
and services

2008

210,307

19,600

9,800

29,400

Direct
investment

Albanian Telecom

Investment to modernise
telecommunications services across the
country.

Telecoms,
informatics
and media

Private

2008

100,000

30,000

30,000

Direct
investment

Western Balkans Local


Enterprise Facility

Agrotal

Establishment of an olive oil production


plant.

Agribusiness

Private

2007

1,000

500

500

Direct
investment

Albania Reconstruction Equity Fund (AREF)

Modernisation, expansion, restructuring and Equity funds


development of small and medium-sized
enterprises.

Private

1998

4,807

2,391

2,391

Regional
investment

EnerCap

Private equity fund dedicated to investing in Power and


energy
renewable energy and energy efficiency
projects in central and south-eastern
Europe.

Private

2007

5,000

1,250

1,250

Regional
investment

Westdeutsche Allgemeine
Zeitung

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

Private

2008

12,900

6,000

6,000

Regional
investment

ViaOne

Equity investment to support the commercial Telecoms,


launch and development of ViaOne Europa informatics
Holding's software platforms.
and media

Private

2008

847

500

500

Direct
investment

Western Balkans Local


Enterprise Facility

Tirex Resources

The EBRD's first investment in Albanias


mining sector.

Natural
Resources

Private

2008

6,134

6,134

6,134

Regional
investment

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

200

200

Direct
investment

Western Balkans and Croatia


Financing Framework

Intesa SanPaolo

Capital increase in American Bank of


Albania, subsidiary of Intesa SanPaolo
Albania.

Bank equity

Private

2008

1,167

1,167

1,167

Albania

Portfolio
Class

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Albania

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Western Balkans Local


Enterprise Facility

Beba

Equity investment to support the new


recycled-paper production line and to
establish wastepaper recycling networks
throughout Albania.

Manufacturing Private
and services

Direct
investment

Patos Marinza oilfield

Financing to support the development of the Natural


Patos Marinza oilfield.
Resources

Direct
investment

East Gate - Tirana Shopping


Mall

Long-term debt facility for the construction of Property and


a Western-standard shopping mall in the
tourism
outskirts of Tirana.

Regional
investment

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

2008

2,000

1,400

1,400

Private

2009

91,874

21,334

7,111

28,445

Private

2009

54,999

24,000

24,000

European Fund for SouthEast Europe II

Support to financial institutions for on-lending Small business Private


to MSMEs, as well as for housing and rural finance
finance.

2009

11,550

1,650

1,650

Regional
investment

Southeast Europe Energy


Efficiency Fund (SE4F)

Financing for energy efficiency projects


through local financial institutions.

Insurance and Private


financial
services

2009

9,488

2,500

2,500

Direct
investment

Western Balkans Local


Enterprise Facility

Union Bank

Credit line for on-lending to small and


medium-sized enterprises.

Bank lending

2009

2,000

2,000

2,000

Albania

Private

EBRD Investments 1991-2009

Armenia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

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

40,050

Regional
investment

First NIS Regional Fund

Equity fund investing in companies in the


New Independent States (NIS).

Equity funds

Private

1994

518

310

310

Direct
investment

Yerevan (Zvartnots) air cargo


terminal

Improvement of ground facilities and air


cargo handling services.

Transport

State

1994

18,336

14,868

14,868

Regional
investment

MBA loan project

Financial support for students undertaking


MBA degrees at top-tier business schools.

Bank lending

Private

1995

341

109

82

190

Direct
investment

Armenia wholesale market

Development of modern wholesale market Agribusiness


distribution network for fresh food products.

State

1995

2,209

524

524

Regional
investment

MBA loan project

Financial support for students undertaking


MBA degrees at top-tier business schools.

Bank lending

Private

1998

73

15

15

31

Direct
investment

Armenia Multi-bank Framework Agricultural Cooperative


Bank Armenia

Financing for small and medium-sized


enterprises.

Bank lending

Private

2003

2,081

2,081

2,081

Direct
investment

IBSB

Equity investment in medium-sized local


enterprises and facilitation of foreign direct
investment in the region.

Bank equity

Private

1999

1,054

1,054

1,054

Direct
investment

Yerevan Brandy Company

Provision of permanent working capital and Agribusiness


development of export markets.

Private

2000

34,676

13,871

13,871

Direct
investment

Armenia Multi-bank Framework Armeconombank

Financing for small and medium-sized


enterprises.

Private

2000

694

694

694

Armenia

Bank lending

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Armenia

Type of
investment

Project name

Direct
investment

Description

Sector

Portfolio
Class

Armenia Multi-bank Framework Anelik Bank

Financing for small and medium-sized


enterprises.

Bank lending

Private

2002

694

694

694

Direct
investment

Armenian copper programme

Improvements to copper smelters


production capacity.

Manufacturing Private
and services

2002

5,826

3,121

3,121

Direct
investment

Armeconombank

Equity investment to expand lending


facilities.

Bank equity

Private

2004

1,420

904

904

Direct
investment

Regional Trade Facilitation


Programme

Armeconombank

Support for foreign trade.

Bank lending

Private

2002

206

103

103

206

Direct
investment

Direct Investment Facility

SHEN concern

Expansion of producer of construction


materials.

Manufacturing Private
and services

2004

1,250

1,250

1,250

Direct
investment

Regional Trade Facilitation


Programme

Agricultural Cooperative
Bank Armenia

Support for foreign trade.

Bank lending

Private

2004

1,200

1,200

1,200

Direct
investment

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

4,466

Direct
investment

Armenia Multi-bank Framework Armeconombank

Financing for small and medium-sized


enterprises.

Bank lending

Private

2005

1,387

1,387

1,387

Direct
investment

SME credit line

Anelik Bank

Credit line for on-lending to small and


medium-sized businesses.

Bank lending

Private

2004

1,734

1,734

1,734

Direct
investment

Direct Investment Facility

Liqvor

Investment in a pharmaceuticals
manufacturer.

Manufacturing Private
and services

2005

2,431

302

603

905

Armenia

Sub project

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Armenia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Direct Lending Facility

Deno Gold

Gold mining project.

Natural
Resources

Private

2005

3,121

3,121

3,121

Direct
investment

Armenia Multi-bank Framework Inecobank

Financing for small and medium-sized


enterprises.

Small business Private


finance

2005

694

694

694

Direct
investment

Armenia Multi-bank Framework Agricultural Cooperative


Bank Armenia

Financing for small and medium-sized


enterprises.

Small business Private


finance

2005

2,081

2,081

2,081

Direct
investment

Regional Trade Facilitation


Programme

Inecobank

Support for foreign trade.

Bank lending

Private

2005

320

160

160

320

Direct
investment

Direct Investment Facility

Cascade Insurance and


Reinsurance Company

Equity investment in an insurance company. Insurance and Private


financial
services

2005

1,170

827

827

Direct
investment

Medium-sized Loan Cofinancing Facility

Agricultural Cooperative
Bank Armenia

Loan for on-lending to local private


companies.

Bank lending

Private

2005

379

379

379

Direct
investment

Direct Lending Facility

Bazenc

Investment in small hydropower project.

Power and
energy

Private

2005

1,100

1,100

1,100

Direct
investment

Direct Investment Facility

Hytex Plastic

Expansion of plastic container manufacturer. Manufacturing Private


and services

2005

2,153

1,435

718

2,153

Direct
investment

Armenia International Airport

Construction of a new passenger terminal


and purchase of new terminal equipment.

Transport

Private

2006

43,862

14,116

14,116

Direct
investment

Direct Investment Facility

Tamara Fruit

Equity investment in a local fruit company.

Agribusiness

Private

2006

1,036

518

518

1,036

Armenia

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Armenia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Medium-sized Loan Cofinancing Facility

Armeconombank

Loan for on-lending to local private


companies.

Bank lending

Private

2005

1,734

1,578

1,578

Direct
investment

Armenia MSE Financing


Facility

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

Bank lending

Private

2006

1,734

1,734

1,734

Direct
investment

Armenia Multi-bank Framework Inecobank


II

Credit line for on-lending to micro and small Small business Private
businesses.
finance

2006

3,468

3,468

3,468

Direct
investment

Armeconombank Mortgage
Facility

Credit facility for on-lending as long-term


loans.

Bank lending

Private

2006

1,387

1,387

1,387

Direct
investment

Medium-sized Loan CoFinancing Facility

Agricultural Cooperative
Bank Armenia

Credit line for on-lending to medium-sized


businesses.

Agribusiness

Private

2006

233

117

117

Direct
investment

Direct Investment Facility

Star Group

Investment in a supermarket chain, for


acquisition and development of four
additional stores.

Agribusiness

Private

2006

7,984

1,442

5,766

7,208

Direct
investment

Medium-sized Loan CoFinancing Facility

Agricultural Cooperative
Bank Armenia

Credit line for on-lending to medium-sized


businesses.

Bank lending

Private

2006

272

136

136

Direct
investment

Lake Sevan

Upgrade of two waste-water treatment


plants and construction of a further three.

Municipal and State


environmental
infrastructure

2007

12,000

7,000

7,000

Direct
investment

Medium-sized Loan CoFinancing Facility

Armeconombank

Credit line for on-lending to medium-sized


businesses.

Agribusiness

Private

2006

555

277

277

Direct
investment

Medium-sized Loan Cofinancing Facility

Anelik Bank

Loan to Anelik Bank to expand its lending


activities.

Bank lending

Private

2007

1,500

1,500

1,500

Armenia

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Armenia

Type of
investment

Project name

Sub project

Description

Sector

Direct
investment

Medium-sized Loan Cofinancing Facility

Agricultural Cooperative
Bank of Armenia

Loan to MavaTerm for design, installation


and service of heating and ventilation
systems.

Manufacturing Private
and services

2007

126

126

126

Regional
investment

Brasseries International
Holdings

Reconstruction and development of


breweries across the Caucasus.

Agribusiness

Private

2006

6,651

3,326

3,326

6,651

Direct
investment

Medium-sized Loan CoFinancing Facility

Armeconombank

Credit line for on-lending to medium-sized


businesses.

Manufacturing Private
and services

2006

139

139

139

Direct
investment

Direct Investment Facility

Natfood/Biella

Investments in primarily small and medium- Agribusiness


sized private sector enterprises.

Private

2008

3,435

3,435

3,435

Direct
investment

Medium-sized Loan Cofinancing Facility

Armeconombank

Renovation and construction of a second


wing at the Nairi Medical Centre

Manufacturing Private
and services

2007

416

416

416

Direct
investment

Armenia Multi-bank Framework Armeconombank


II

Credit line to Armeconombank for on lending Small business Private


to small and medium-sized enterprises.
finance

2007

2,081

2,081

2,081

Direct
investment

Armenia Multi-bank Framework Anelik Bank


II

Credit line to Anelik Bank.

Small business Private


finance

2007

5,000

5,000

5,000

Direct
investment

ProCredit Bank Armenia

Establishment of a dedicated microfinance


bank in Armenia.

Small business Private


finance

2007

2,144

2,144

2,144

Direct
investment

ProCredit Bank Armenia

Support for the development of micro and


small-sized enterprises.

Small business Private


finance

2008

4,855

1,387

1,387

Direct
investment

Azerbaijan Multi-bank
Framework II

Agricultural Cooperative
Bank Armenia

Loan for on-lending to local enterprises in


rural areas.

Small business Private


finance

2007

8,322

4,161

4,161

Armenia

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Armenia

Type of
investment

Project name

Direct
investment

Description

Sector

Portfolio
Class

Armenia Multi-bank Framework Cascade Bank


II

Loan to local banks to provide further


support to small and medium-sized
enterprises.

Bank lending

Private

2008

3,468

3,468

3,468

Direct
investment

Medium-sized Loan Cofinancing Facility

Armeconombank

Loan to Shant, an Armenian TV and radio


broadcaster.

Telecoms,
Private
informatics and
media

2007

381

381

381

Regional
investment

Meinl Caucasus and Central


Asia

Finance for the development of high-quality, Property and


international standard retail and mixed-use tourism
properties in Caucasus and Central Asia.

Private

2007

168,728

59,063

59,063

Direct
investment

Artyk

Loan to support the financing of a multipurpose complex construction in the city of


Yerevan.

Property and
tourism

Private

2008

38,915

13,871

13,871

Direct
investment

Armenia Multi Bank


Framework II

Inecobank

Credit line to Inecobank for onlending to


SMEs.

Bank lending

Private

2007

3,468

3,468

3,468

Direct
investment

Byblos Bank Armenia

Equity investment in BBA (formerly


International Trade Bank).

Bank equity

Private

2007

6,010

5,030

5,030

Direct
investment

Direct Investment Facility

Alpha Pharma

Equity stake enabling a leading


pharmaceutical wholesaler to expand its
network.

Manufacturing Private
and services

2007

4,400

4,400

4,400

Direct
investment

Armenia Multi-bank Framework Araratbank

Credit line to Araratbank for onlending to


MSMEs.

Small business Private


finance

2007

3,468

3,468

3,468

Direct
investment

Direct Lending Facility

Shen Concern

Expanding the production of paints and


lacquers, and beginning production of new
materials such as gypsum and masonry
products.

Manufacturing Private
and services

2007

3,537

3,537

3,537

Direct
investment

Armenia Multi-Bank
Framework II

Converse Bank

Financing programme for small and medium- Small business Private


sized enterprises.
finance

2008

6,935

3,468

3,468

Armenia

Sub project

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Armenia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Azerbaijan Multi-bank
Framework II

Armeconombank

Syndicated loan to Armeconombank for


expansion of its activities.

Bank lending

Private

2007

10,403

3,468

3,468

Direct
investment

Azerbaijan Multi-bank
Framework II

Agricultural Cooperative
Bank of Armenia

Credit line to ACBA for on-lending to small


and medium-sized enterprises.

Small business Private


finance

2007

13,871

4,855

4,855

Direct
investment

Medium-Sized Loan Cofinancing Facility

Anelik Bank

Helping Arzni, a water and soft drinks


Agribusiness
producer, to buy an automated PET bottling
line.

Private

2008

555

555

555

Direct
investment

Electricity Networks of Armenia -

Financing to upgrade electricity distribution


network.

Power and
energy

Private

2009

74,762

42,000

42,000

Direct
investment

ACBA Credit Agricole Bank

Senior loan to assist lending activities to


farmers and private sector Armenian
entrepreneurs, particularly outside of the
capital.

Small business Private


finance

2008

12,484

6,242

6,242

Direct
investment

Armenia Multi-bank Framework II

Loan for mortgage lending and energy


efficiency lending, and leasing.

Small business Private


finance

2008

6,935

1,734

1,734

Direct
investment

Agricultural Cooperative Bank Leasing


of Armenia

Credit line for on-lending to small and


medium-sized enterprises.

Insurance and Private


financial
services

2008

5,548

5,548

5,548

Direct
investment

Medium-Sized Loan Cofinancing Facility

Anelik Bank

Help for Yerevan Beer to buy new equipment Agribusiness


for a glass bottling line.

Private

2008

271

271

271

Direct
investment

AraratBank

Acquisition of an equity stake in Araratbank, Bank equity


to support its plans for further expansion.

Private

2008

5,212

5,212

5,212

Direct
investment

Armenia International Airport


Phase II

Financing for a new passenger terminal and Transport


related equipment.

Private

2009

119,981

27,741

27,741

Armenia

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Armenia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Medium-Sized Loan Cofinancing Facility

Armeconombank

Expansion of ironing and dry cleaning


services at Selena Service.

Manufacturing Private
and services

Direct
investment

Direct Lending Facility

Northern Ray Elite Holding

Loan for the construction of a new residential Property and


and commercial complex in the Armenian
tourism
capital Yerevan.

Direct
investment

Medium-Sized Loan Cofinancing Facility

Armeconombank Daroink

Facilitate the financing of Armenian medium- Agribusiness


sized enterprises.

Direct
investment

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

2008

225

225

225

Private

2009

3,814

3,814

3,814

Private

2008

139

139

139

Armenia Multi-bank Framework ProCredit Bank Armenia


II

Financing programme for small and medium- Small business Private


sized enterprises.
finance

2008

128

128

128

Direct
investment

Direct Lending Facility

Saranist/Armglass

A loan to a glass bottle and jar producer, to Agribusiness


help increase production capacity and
diversify its product range.

Private

2009

2,081

2,081

2,081

Direct
investment

Medium-sized Loan Cofinancing Facility

Armeconombank

Extension of the existing MCFF loan to


Shant for the purchase of new premises.

Telecoms,
Private
informatics and
media

2009

156

156

156

Direct
investment

Direct Lending Facility

Brasseries International
Holdings

Support for Kotayk to develop its brewing


business in Armenia.

Agribusiness

Private

2009

347

347

347

Direct
investment

Direct Lending Facility

Star

Financing of existing supermarket


operations.

Agribusiness

Private

2009

2,427

2,427

2,427

Direct
investment

Medium-sized Loan
Cofinancing Facility

Anelik Armenia Glass

Finance to help with expansion at a stained Agribusiness


glass manufacturer.

Private

2009

694

694

694

Armenia

EBRD Investments 1991-2009

Azerbaijan

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

First NIS Regional Fund

Equity fund investing in companies in the New


Independent States (NIS).

Equity funds

Private

1994

518

310

310

Direct
investment

Air navigation system upgrade -

Procurement of new air navigation equipment


and reconstruction of international passenger
terminal.

Transport

State

1996

10,819

9,501

9,501

Direct
investment

Baku water rehabilitation

Improvement of water supply, quality and


reliability in Baku.

Municipal and
environmental
infrastructure

State

1995

79,038

15,758

15,758

Direct
investment

Silk Road

Reconstruction of 85 km section of HajigabulKyurdamir road.

Transport

State

2004

33,012

28,435

28,435

Direct
investment

Yenikend renewable energy

Construction of hydro power station.

Power and
energy

State

1994

52,063

36,924

36,924

Direct
investment

Mingechaur Power

Replacement of generators at hydro power plant, Power and


reconstruction of high-voltage power
energy
transmission line and installation of substation.

State

1997

33,487

14,991

14,991

Regional
investment

AIG Silk Road Fund

Financing for small and medium-sized private


Equity funds
sector enterprises and joint ventures operating in
Russia and Central Asia.

Private

1997

11,814

2,278

2,278

Direct
investment

Baku port development

Modernisation of ferry terminal.

Transport

State

1999

4,361

112

112

Direct
investment

Trans-Caucasian rail link

Improvement of Azeri section of the TransCaucasian rail link.

Transport

State

1999

25,995

14,009

14,009

Direct
investment

Azerbaijan Multi-bank
Framework

Azerdemiryolbank

Financing for small and medium-sized


Bank lending
enterprises and development of banking sector.

Private

1999

508

508

508

Azerbaijan

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Azerbaijan

Type of
investment

Project name

Sub project

Description

Direct
investment

Azerbaijan Multi-bank
Framework

International Bank of
Azerbaijan

Financing for small and medium-sized


Bank lending
enterprises and development of banking sector.

Private

1998

2,801

2,801

2,801

Direct
investment

Direct Investment Facility

Silk Road Motel, Garadak

Construction of three-star hotel adjacent to the


oilfields, servicing business travellers.

Manufacturing
and services

Private

1999

4,722

1,758

1,758

Direct
investment

Chirag early oil project

Amoco Caspian Sea Finance Expansion of crude oil production and export
Ltd
markets.

Natural
Resources

Private

1998

402,134

22,768

22,768

Direct
investment

Chirag early oil project

Lukoil Overseas

Expansion of crude oil production and export


markets.

Natural
Resources

Private

1998

236,580

13,385

13,385

Direct
investment

Chirag early oil project

Turkish Petroleum

Expansion of crude oil production and export


markets.

Natural
Resources

Private

1998

159,425

9,037

9,037

Direct
investment

Chirag early oil project

Unocal Finance Ltd

Expansion of crude oil production and export


markets.

Natural
Resources

Private

1998

237,805

13,454

13,454

Direct
investment

Chirag early oil project

Early Oil Finance Co

Expansion of crude oil production and export


markets.

Natural
Resources

Private

1998

188,868

10,708

10,708

Regional
investment

Frontera Resources

Commercial development of Kursangi and


Karabagli oilfields in Azerbaijan.

Natural
Resources

Private

2000

197,972

9,016

9,016

Direct
investment

Nations Azerbaijan (formerly


Moncrief Azerbaijan Oil
Company)

Development of onshore oilfields.

Natural
Resources

Private

2000

66,677

27,581

13,790

41,371

Direct
investment

Azerbaijan Microfinance Bank (AMB)

Financing for micro and small enterprises.

Small business Private


finance

2002

7,309

3,139

1,569

4,708

Azerbaijan

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Azerbaijan

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

Baring Vostok Private Equity


Fund

Direct equity investment in medium-sized


companies.

Equity funds

Private

2000

3,860

1,832

1,832

Direct
investment

SOCAR

Shah Deniz gas condensate Development of Shah Deniz gas condensate


field
field.

Natural
Resources

State

2004

384,978

26,701

26,701

Regional
investment

Baku-Tbilisi-Ceyhan pipeline

Construction of oil pipeline from Azerbaijan to


Turkey.

Natural
Resources

Private

2004

1,799,362

43,346

43,346

Direct
investment

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

143,561

Direct
investment

Azerbaijan Multi-bank
Framework

Unibank

Financing for small and medium-sized


Bank lending
enterprises and development of banking sector.

Private

2002

2,070

1,035

1,035

Regional
investment

SOCAR

South Caucasus Gas


Pipeline

Financing for 690 km gas pipeline from the Shah Natural


Deniz field in Azerbaijan to the Turkish-Georgian Resources
border.

State

2004

48,833

8,648

8,648

Direct
investment

Landmark I (Neptun)

Refurbishment and acquisition of office


development.

Property and
tourism

Private

2003

4,300

2,150

2,150

Direct
investment

Regional Trade Facilitation


Programme

Unibank

Support for foreign trade.

Bank lending

Private

2002

504

252

252

504

Direct
investment

Regional Trade Facilitation


Programme

Azerdemiryolbank

Support for foreign trade.

Bank lending

Private

2002

531

266

266

531

Direct
investment

Unibank

Equity investment in Azerbaijan's largest private Bank equity


bank.

Private

2003

877

877

877

Azerbaijan

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Azerbaijan

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Regional Trade Facilitation


Programme

Azerigazbank

Support for foreign trade.

Bank lending

Private

2003

5,738

2,869

2,869

5,738

Direct
investment

Azerbaijan Multi-bank
Framework

Bank of Baku

Credit lines to Bank of Baku for on-lending to


small and medium-sized businesses.

Bank lending

Private

2004

694

694

694

Direct
investment

Baku to Samur road

Upgrading of a 60 km section of road from


Sumgait to Zarat.

Transport

State

2005

76,095

69,353

69,353

Direct
investment

Regional Trade Facilitation


Programme

Bank of Baku

Support for foreign trade.

Bank lending

Private

2006

1,685

842

842

1,685

Direct
investment

Landmark II (Libra)

Refurbishment and acquisition of office


development.

Property and
tourism

Private

2003

2,774

1,387

1,387

Direct
investment

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

1,165

Direct
investment

ACG Phase 1

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

Natural
Resources

Private

2004

29,060

6,935

6,935

Direct
investment

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

1,734

Direct
investment

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

6,935

Direct
investment

MBASK Insurance Company

Strengthening of capital base and development


of infrastructure, sales network and product
range.

Insurance and
financial
services

Private

2005

1,229

970

970

Azerbaijan

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Azerbaijan

Type of
investment

Project name

Sub project

Description

Direct
investment

Azerbaijan Multi-bank
Framework

Respublika Bank

Credit lines to Respublika Bank for on-lending to Bank lending


small and medium-sized businesses.

Private

2004

694

694

694

Direct
investment

Azerbaijan Multi-bank
Framework

Azerdemiryolbank

Credit lines to Azerdemiryolbank for on-lending to Bank lending


small and medium-sized businesses.

Private

2004

1,387

1,387

1,387

Direct
investment

Azerbaijan Multi-bank
Framework

Azerigazbank

Credit lines to Azerigazbank for on-lending to


small and medium-sized businesses.

Bank lending

Private

2004

1,387

1,387

1,387

Direct
investment

Milk-Pro

Construction of new dairy processing plant in


Baku and modernisation of plant in Goychay.

Agribusiness

Private

2004

3,937

1,312

2,624

3,937

Direct
investment

Unibank

Loan to enable access to international markets to Bank lending


raise medium-term financing for on-lending to
local private enterprises.

Private

2005

6,935

1,040

1,040

Direct
investment

Regional Trade Facilitation


Programme

Bank Respublika

Support for foreign trade.

Bank lending

Private

2004

4,911

2,455

2,455

4,911

Direct
investment

Lukoil Overseas

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

Natural
Resources

Private

2005

192,108

76,288

76,288

Regional
investment

Lukoil Overseas

South Caucasus Gas


Pipeline

Completion of pipeline in Azerbaijan and Georgia Natural


Resources

Private

2005

43,845

28,157

28,157

Direct
investment

Azerbaijan Multi-bank
Framework

Bank of Baku

Financing for small and medium-sized


enterprises.

Bank lending

Private

2005

694

694

694

Direct
investment

Garadagh Cement

Equity investment.

Manufacturing
and services

Private

2006

9,817

7,528

7,528

Azerbaijan

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Azerbaijan

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Regional Trade Facilitation


Programme

AccessBank

Support for foreign trade.

Bank lending

Private

2005

244

244

244

Direct
investment

Azerdemiryolbank bank

Equity investment in private joint-stock bank.

Bank equity

Private

2005

3,709

3,709

3,709

Direct
investment

Azerbaijan Multi-bank
Framework

Bank Respublika

Financing for small and medium-sized


enterprises.

Bank lending

Private

2005

1,387

1,387

1,387

Direct
investment

Azerbaijan Multi-bank
Framework

Azerigazbank

Financing for small and medium-sized


enterprises.

Bank lending

Private

2005

1,040

1,040

1,040

Direct
investment

ETC Non-bank MFI Framework FINCA (Azerbaijan)


II

Credit line to increase financing available to the Small business Private


smallest enterprises through on-lending.
finance

2006

2,081

1,734

1,734

Direct
investment

Azerbaijan Multi-bank
Framework

Azerdemiryolbank

Financing for small and medium-sized


enterprises.

Small business Private


finance

2005

694

694

694

Direct
investment

Azerbaijan Multi-bank
Framework

Bank Respublika

Financing for small and medium-sized


enterprises.

Small business Private


finance

2005

1,387

1,387

1,387

Direct
investment

Azerbaijan Multi-bank
Framework

Unibank

Financing for small and medium-sized


enterprises.

Small business Private


finance

2005

1,387

1,387

1,387

Direct
investment

ETC Non-bank MFI Framework CredAgro

Credit line to increase financing available to the Small business Private


smallest enterprises through on-lending.
finance

2006

694

520

520

Direct
investment

Unibank

Loan to provide Unibank with access to


international markets.

2006

5,201

1,734

1,734

Azerbaijan

Bank lending

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Azerbaijan

Type of
investment

Project name

Sub project

Description

Sector

Direct
investment

Azerbaijan Multi-bank
Framework

Bank of Baku (III)

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

Small business Private


finance

2006

3,121

3,121

3,121

Direct
investment

Azerbaijan Multi-bank
Framework

Mugan Bank II

Credit line for on-lending to micro, small and


medium-sized businesses.

Small business Private


finance

2007

2,774

2,774

2,774

Direct
investment

Azerbaijan Multi-bank
Framework

Azerigazbank

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

Small business Private


finance

2006

1,387

1,387

1,387

Direct
investment

ETC Non-bank MFI Framework Shore Overseas

Loan for on-lending to micro and small


enterprises.

Small business Private


finance

2007

1,387

1,387

1,387

Direct
investment

Direct Lending Facility

Aqua Vita

Finance provided to locally owned mineral water Agribusiness


producer, Aqua Vita.

Private

2006

3,121

3,121

3,121

Direct
investment

Azerbaijan Multi-bank
Framework

Unibank (II)

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

Small business Private


finance

2006

1,387

1,387

1,387

Direct
investment

Azerbaijan Multi-bank
Framework

Bank Respublika (III)

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

Bank lending

Private

2006

1,387

1,387

1,387

Direct
investment

Azerbaijan Multi-bank
Framework

Azerdemiryolbank (III)

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

Small business Private


finance

2006

3,468

3,468

3,468

Direct
investment

Unileasing (Equity)

Equity investment in an Azeri leasing company. Insurance and


financial
services

Private

2007

520

520

520

Direct
investment

Azerbaijan Multi-bank
Framework

Rabitabank

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

Small business Private


finance

2006

971

832

832

Azerbaijan

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Azerbaijan

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Medium-sized Loan CoFinancing Facility

Bank Respublika

Credit line for on-lending to medium-sized


businesses.

Bank lending

Private

2006

1,040

1,040

1,040

Direct
investment

Medium-sized Loan CoFinancing Facility

Azerdemiryolbank

Loan to Azerdemiryolbank to expand its lending Bank lending


activities.

Private

2007

694

694

694

Direct
investment

Azerbaijan Multi-bank
Framework

Mugan Bank

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

Small business Private


finance

2006

1,387

1,387

1,387

Direct
investment

Azerbaijan Multi-bank
Framework

Nikoil Bank

Credit line for on-lending to micro, small and


medium-sized businesses.

Small business Private


finance

2007

1,387

1,387

1,387

Direct
investment

Microfinance Bank Azerbaijan Equity

Equity investment in the largest provider of


Small business Private
financial services to micro and small businesses finance
in Azerbaijan.

2006

2,268

2,268

2,268

Direct
investment

Regional Trade Facilitation


Programme

Support for foreign trade.

Private

2006

2,074

2,074

2,074

Direct
investment

ETC Non-bank MFI Framework Vision Fund AzerCredit


II

Financing for micro and small enterprises and to Small business Private
assist the non-bank microfinance institutions in finance
their commercialisation process.

2008

1,387

1,387

1,387

Direct
investment

Medium-sized Loan CoFinancing Facility

Bank of Baku

Loan to Baku electronics for construction of a


warehouse, showroom and administrative
building.

Private

2007

2,774

1,387

1,387

Direct
investment

Medium-sized Loan CoFinancing Facility

Bank of Baku

Loan to Avrora to help with the acquisition of new Agribusiness


equipment for the production of biscuits.

Private

2007

694

347

347

Direct
investment

Medium-sized Loan CoFinancing Facility

Bank of Baku

Credit line for on-lending to medium-sized


businesses.

Private

2006

2,601

2,601

2,601

Azerbaijan

Mugan Bank

Bank lending

Manufacturing
and services

Bank lending

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Azerbaijan

Type of
investment

Project name

Sub project

Description

Sector

Direct
investment

Azerbaijan Multi-bank
Framework

Azerigazbank IV

Credit line for on-lending to micro, small and


medium-sized businesses.

Small business Private


finance

2007

4,161

4,161

4,161

Direct
investment

ETC Non-bank MFI Framework Credagro


II

Credit line to increase financing available to the Small business Private


smallest enterprises through on-lending.
finance

2007

2,081

1,838

1,838

Direct
investment

Bank Respublika

Loan to help the bank's expansion and


development programme.

Bank lending

Private

2007

16,645

4,161

4,161

Direct
investment

Azerbaijan Multi-bank
Framework

Bank of Baku

Credit line for on-lending to micro, small and


medium-sized businesses.

Small business Private


finance

2007

2,081

1,387

1,387

Direct
investment

Azerbaijan Multi-bank
Framework

Bank Respublika IV

Credit line for on-lending to micro, small and


medium-sized businesses.

Small business Private


finance

2007

3,468

2,081

2,081

Direct
investment

Unibank

Equity investment in Unibank

Bank equity

Private

2007

7,621

4,685

4,685

Direct
investment

Unibank III

Third syndicated loan to Unibank.

Bank lending

Private

2007

24,274

6,068

6,068

Direct
investment

Unileasing

Loan to Unileasing, an Azeri leasing company.

Insurance and
financial
services

Private

2007

2,081

2,081

2,081

Direct
investment

Medium-sized Loan CoFinancing Facility

Unibank

Loan to Caspian supplies to finance construction Manufacturing


of a production hall and warehouse, as well as and services
working capital financing.

Private

2007

1,248

416

416

Direct
investment

Medium-sized Loan Cofinancing Facility

Bank Respublika

Finance to help Veysaloglu Yayichili Gardashlari Agribusiness


purchase new confectionery production
equipment.

Private

2008

10,854

2,913

2,913

Azerbaijan

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Azerbaijan

Type of
investment

Project name

Direct
investment

Sub project

Description

Sector

Portfolio
Class

ETC Non-bank MFI Framework Norwegian Microcredit


II

Investment to increase financing for micro and


small enterprises in the ETC and to assist the
non-bank microfinance institutions.

Small business Private


finance

Direct
investment

Medium-sized Loan CoFinancing Facility

Azerdemiryolbank

Loan to SABA, an Azeri ice cream producer, to Agribusiness


help construct new premises and purchase new
refrigerated delivery vehicles.

Direct
investment

Azer-Yod II

Direct
investment

Medium-sized Loan Cofinancing Facility

Regional
investment

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

2008

694

694

694

Private

2007

763

381

381

Loan to support the expansion of an Azeri iodine Manufacturing


producer.
and services

Private

2008

12,346

10,403

10,403

Azerdemiryolbank

Loan to expand the bank's lending activities.

Transport

Private

2008

4,855

2,427

2,427

Aureos Central Asia Fund

Equity investment to support medium-sized


enterprises in Azerbaijan, Central Asia and
Georgia.

Equity funds

Private

2008

709

709

709

Direct
investment

Azeri Financial Sector


Framework

Azerigazbank

Support to local banks for various on-lending


facilities.

Small business Private


finance

2008

5,548

5,548

5,548

Direct
investment

AccessBank

Syndicated loan for on-lending to micro and smal Small business Private
enterprises.
finance

2008

22,886

6,935

6,935

Direct
investment

Medium-sized Loan Cofinancing Facility

Bank of Baku

Finance for the completion of Atlant's new hotel Property and


in northern Azerbaijan and the purchase of
tourism
additional equipment.

Private

2008

1,907

347

347

Direct
investment

Garadagh expansion

Financing for the expansion of cement and


clinker production facilities.

Manufacturing
and services

Private

2009

360,000

120,000

120,000

Direct
investment

Azerbaijan Multi-bank
Framework

Azerdemiryolbank IV

Financing for small and medium-sized


enterprises.

Small business Private


finance

2008

9,709

9,709

9,709

Azerbaijan

EBRD Investments 1991-2009

Azerbaijan

Type of
investment

Project name

Sub project

Description

Sector

Direct
investment

Azeri Financial Sector


Framework

Bank Respublika Mortgage

Finance for on-lending to residential customers. Bank lending

Direct
investment

Azerbaijan Multi-bank
Framework

MuganBank III

Direct
investment

Medium-sized Loan Cofinancing Facility

Direct
investment

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

Private

2008

6,935

2,774

2,774

Short and long-term funding to small and


medium-sized Azeri enterprises.

Small business Private


finance

2008

3,468

3,468

3,468

Bank of Baku

Credit line for on-lending to medium-sized


businesses.

Telecoms,
Private
informatics and
media

2008

832

347

347

Medium-sized Loan Cofinancing Facility

Azerigazbank

On-lending to small and medium-sized


businesses.

Bank lending

Private

2008

1,387

1,387

1,387

Direct
investment

ETC Non-bank Microfinance


Institution Framework III

Finance for Development

Credit line for on-lending to micro and small


enterprises.

Small business Private


finance

2009

694

694

694

Direct
investment

Azeri Financial Sector


Framework

Bank Respublika MSME V

Credit line for on-lending to micro, small and


medium-sized enterprises.

Small business Private


finance

2009

4,161

2,081

2,081

Direct
investment

Unibank

Financing to create a foundation for the growth of Bank lending


one of Azerbaijans leading independent
commercial banks.

Private

2009

35,370

12,830

12,830

Direct
investment

Azerbaijan Financial Sector


Framework

Demir Bank

Loan for on-lending to micro, small and medium- Small business Private
sized enterprises.
finance

2009

9,016

4,161

4,161

Direct
investment

Azerbaijan Financial Sector


Framework

AccessBank

Loan for on-lending to micro and small


enterprises.

Small business Private


finance

2009

6,935

3,468

3,468

Direct
investment

Azerbaijan Multi-bank
Framework

MuganBank IV

Short and long-term funding to small and


medium-sized Azeri enterprises.

Small business Private


finance

2009

1,387

1,387

1,387

Azerbaijan

EBRD Investments 1991-2009

Belarus

Type of
investment

Project name

Sub project

Description

Direct
investment

Minsk wholesale market

Development of modern fruit and vegetable Agribusiness


wholesale market complex.

State

1993

7,362

4,237

4,237

Direct
investment

Brest-Minsk-Russian border
highway improvement

Repair and upgrade of highway linking Minsk Transport


to Moscow, Warsaw and Berlin.

State

1994

87,067

39,468

39,468

Direct
investment

Orsha Power Plant


modernisation

Construction of combined-cycle heat and


power plant.

Power and
energy

State

1993

28,903

28,903

28,903

Direct
investment

Belarus Telecom

Development of international and national


transit exchange, digital overlay network,
optical fibre cable links and data and telex
transmission.

Telecoms,
State
informatics and
media

1992

26,899

26,899

26,899

Direct
investment

SME credit line

Credit line to assist small and medium-sized Bank lending


enterprises.

Private

1994

26,007

20,806

20,806

Direct
investment

Priorbank

Equity investment in commercial bank.

Bank equity

Private

1998

2,608

2,608

2,608

Direct
investment

Direct Investment Facility

Milavitsa

Equity investment in ladies underwear


manufacturer.

Manufacturing
and services

Private

2000

2,329

1,010

1,010

Direct
investment

Regional Trade Facilitation


Programme

Priorbank

Support for foreign trade.

Bank lending

Private

2000

1,023

512

512

1,023

Direct
investment

Regional Trade Facilitation


Programme

Belgazprombank

Support for foreign trade.

Bank lending

Private

2004

6,018

3,009

3,009

6,018

Direct
investment

Priorbank syndication

Extension of short and medium-term loans to Bank lending


private sector clients.

Private

2003

24,967

8,322

8,322

Belarus

Sector

Portfolio
Class

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Belarus

Type of
investment

Project name

Direct
investment

Description

Sector

Portfolio
Class

Priorbank syndicated mortgage line

Mortgage credit line.

Bank lending

Private

2005

17,338

10,403

10,403

Direct
investment

Olivaria

Modernisation and expansion of brewery.

Agribusiness

Private

2005

17,148

9,351

4,676

14,027

Direct
investment

Belarus MSE Framework

Belgazprombank

Credit line to Belgazprombank for on-lending Small business Private


to micro and small businesses.
finance

2004

4,161

4,161

4,161

Direct
investment

SME credit line

Priorbank

Credit line for on-lending to small and


medium-sized businesses.

Private

2004

6,935

6,935

6,935

Direct
investment

Belarus MSE Financing Facility MinskTransit Bank

Credit line for on-lending to micro and small Small business Private
businesses.
finance

2007

2,774

2,774

2,774

Direct
investment

Belarusian Bank for Small


Business

Support for private micro and small


enterprises in Belarus, particularly in the
regions outside of the capital.

Small business Private


finance

2008

9,981

3,468

3,468

Direct
investment

Belarus MSE Framework

Belgazprombank

Credit line for on-lending to micro and small Small business Private
businesses.
finance

2005

2,774

2,774

2,774

Direct
investment

Belarus MSE Financing Facility Belrosbank

Credit line for on-lending to micro and small Small business Private
businesses.
finance

2007

2,774

2,774

2,774

Direct
investment

Belarusian Bank for Small


Business

Equity investment in Belarusian Bank for


Small Business

Small business Private


finance

2007

7,613

1,837

1,837

Direct
investment

Belarus MSE Financing Facility Reconversion and


Development Bank

Credit line for on-lending to micro and small Small business Private
businesses.
finance

2007

2,081

2,081

2,081

Belarus

Sub project

Bank lending

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Belarus

Type of
investment

Project name

Direct
investment

Belarus MSE Financing Facility Belgazprombank

Credit line for on-lending to micro and small Small business Private
businesses.
finance

2007

3,468

3,468

3,468

Direct
investment

Priorbank Funding Facility

Credit line for on-lending to small and


medium-sized businesses.

Small business Private


finance

2007

13,871

6,935

6,935

Direct
investment

Reconversion and
Development Bank

2008

6,071

1,193

3,578

4,771

Direct
investment

Belarus MSE Financing Facility Minsk Transit Bank II

Private
Investment to enhance private banking and Bank equity
enterprise sectors, to support small and
medium enterprises and micro and small
enterprises lending by Belarusian private
banks.
Credit line for on-lending to micro and small Small business Private
businesses.
finance

2007

6,935

6,935

6,935

Direct
investment

Pinskdrev

Financing the modernisation of a wood


product plant.

Manufacturing
and services

Private

2009

10,403

5,201

5,201

10,403

Direct
investment

Regional Trade Facilitation


Programme

ZAO Minsk Transit Bank

Support for foreign trade

Bank lending

Private

2007

1,846

923

923

1,846

Direct
investment

Belarus MSE Financing Facility Belgazprombank

Five-year funding to on-lend to


entrepreneurs.

Small business Private


finance

2008

27,741

27,741

27,741

Direct
investment

Regional Trade Facilitation


Programme

Support for foreign trade.

Bank lending

Private

2008

347

347

347

Direct
investment

Belarus MSE Financing Facility Minsk Transit Bank III

Loan for on-lending to micro, small and


medium-sized enterprises.

Small business Private


finance

2009

6,935

6,935

6,935

Direct
investment

Direct Investment Facility

Investment in supermarket chain specialising Manufacturing


in children's goods.
and services

2009

2,081

2,081

2,081

Belarus

Sub project

Belrosbank

Buslik

Description

Sector

Portfolio
Class

Private

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Belarus

Type of
investment

Project name

Sub project

Description

Regional
investment

Almaz Capital Russia Fund I

The Fund will make equity and equity-related Equity funds


venture capital investments in companies
based in Russia and the CIS.

Belarus

Sector

Portfolio
Class

Private

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)
2009

1,345

416

EBRD Total EBRD


guarantee finance
(
( 000)
000)
0

416

EBRD Investments 1991-2009

Bosnia and Herzegovina

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Emergency
telecommunications
reconstruction

Reconstruction of telecommunications
network, with provision for eventual
privatisation.

Telecoms,
State
informatics and
media

Direct
investment

Emergency transport
reconstruction

Upgrade of airports, air navigation systems, Transport


roads and bridges.

Direct
investment

Emergency power
reconstruction

Direct
investment

Zagrebacka Banka

Direct
investment

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

1998

66,110

17,464

17,464

State

1996

83,466

22,685

22,685

Emergency reconstruction of war-damaged Power and


power generation, transmission and
energy
distribution facilities.

State

1997

98,059

14,065

14,065

Equity investment in Zagrebacka Banka.

Private

1997

1,011

1,011

1,011

US/EBRD SME Finance


Facility

ProCredit Bank Bosnia

Equity investment to ProCredit Bank Bosnia. Small business Private


finance

1997

7,021

510

510

Direct
investment

Horizonte Bosnia and


Herzegovina Enterprise Fund

Equity investment in private enterprises or


enterprises undergoing privatisation.

Equity funds

Private

1998

16,926

4,650

4,650

Direct
investment

Raiffeisen Bank

Extension of medium and long-term loans to Bank equity


private corporate clients.

Private

1997

2,392

2,392

2,392

Direct
investment

Sarajevska Pivara

Modernisation of brewery and expansion into Agribusiness


soft drink production.

Private

1997

10,737

3,093

3,093

Direct
investment

Pivara Tuzla

Modernisation of brewery and improvement Agribusiness


of product quality.

Private

2000

9,357

6,135

6,135

Direct
investment

Bosnia and Herzegovina SME UniCredit Zagrebacka Banka Credit lines to assist small and mediumframework
sized enterprises.

Private

1999

4,250

2,805

2,805

Bosnia and Herzegovina

Bank equity

Bank lending

EBRD Investments 1991-2009

Bosnia and Herzegovina

Type of
investment

Project name

Sub project

Description

Direct
investment

US/EBRD SME Finance


Facility

ProCredit Bank Bosnia

Equity investment to ProCredit Bank Bosnia. Small business Private


finance

1999

5,768

256

256

Direct
investment

Bosnia and Herzegovina SME UPI Banka


framework

Credit lines to assist small and mediumsized enterprises.

Bank lending

Private

1999

4,034

1,650

1,650

Direct
investment

Bosnia and Herzegovina SME Raiffeisen Bank


framework

Credit lines to assist small and mediumsized enterprises.

Bank lending

Private

1999

2,500

1,650

1,650

Direct
investment

Regional Trade Facilitation


Programme

UPI Banka

Support for foreign trade.

Bank lending

Private

2000

150

150

150

Direct
investment

Railways recovery

Improvements to section of Pan European


Corridor V railway.

Transport

State

2001

64,928

20,928

20,928

Direct
investment

Electric power reconstruction

Installation of power monitoring, control and Power and


energy management systems.
energy

State

2000

52,269

52,269

52,269

Direct
investment

US/EBRD SME Finance


Facility

ProCredit Bank Bosnia

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

2000

19,094

2,684

2,684

Regional
investment

TBIH Financial Services

Expansion of insurance and pension


operations in central and eastern Europe.

Insurance and
financial
services

Private

2000

2,135

428

857

1,285

Direct
investment

Raiffeisen Bank

Syndicated loan enabling bank to extend


medium and long-term loans to private
corporate clients

Bank lending

Private

2001

4,994

4,994

4,994

Direct
investment

US/EBRD SME Finance


Facility

ProCredit Bank Bosnia

Equity investment to ProCredit Bank Bosnia. Small business Private


finance

2001

3,580

407

407

Bosnia and Herzegovina

Sector

Portfolio
Class

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Bosnia and Herzegovina

Type of
investment

Project name

Direct
investment

Sector

Portfolio
Class

Bosnia and Herzegovina SME UniCredit Zagrebacka Banka Credit lines to assist small and mediumframework
sized enterprises.

Bank lending

Private

2002

2,500

2,500

2,500

Direct
investment

Bosnia and Herzegovina SME Raiffeisen Bank


framework

Credit lines to assist small and mediumsized enterprises.

Bank lending

Private

2001

2,500

2,500

2,500

Direct
investment

Bosnia and Herzegovina SME UPI Banka


framework

Credit lines to assist small and mediumsized enterprises.

Bank lending

Private

2002

2,500

2,500

2,500

Direct
investment

UPI Banka

Equity investment in UPI Banka.

Bank equity

Private

2002

7,883

5,255

2,628

7,883

Direct
investment

Telekom Srpske

Expansion of fixed and mobile networks and Telecoms,


State
preparation for privatisation.
informatics and
media

2002

94,094

29,095

29,095

Direct
investment

Bosnia and Herzegovina SME Volksbank


framework

Credit lines to assist small and mediumsized enterprises.

Bank lending

Private

2003

2,500

2,500

2,500

Regional
investment

Marbo

Regional expansion of snack food producer's Agribusiness


operations.

Private

2003

9,831

3,900

3,900

Direct
investment

Regional road development


programme

Construction of Sarajevo by-pass and road


connecting to Pan-European Corridor X.

State

2004

236,000

70,000

70,000

Regional
investment

Raiffeisen International

Equity investment supporting growth of


Bank equity
Raiffeisen International's business in Bosnia
and Herzegovina.

Private

2004

10,000

5,000

5,000

Direct
investment

Volksbank subordinated debt

Extension of credit lines to assist small and Bank lending


medium-sized enterprises and local
entrepreneurs.

Private

2003

7,500

7,500

7,500

Bosnia and Herzegovina

Sub project

Description

Transport

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Bosnia and Herzegovina

Type of
investment

Project name

Sub project

Description

Regional
investment

Grand

Cross-border expansion of coffee producer's Agribusiness


operations and product development.

Private

2003

9,500

2,750

2,750

Direct
investment

Direct Investment Facility

Primus

Purchase of machinery to boost production


of wood, laminate and aluminium products.

Manufacturing
and services

Private

2004

780

780

780

Direct
investment

Bosnia and Herzegovina SME Raiffeisen Bank


framework

Credit lines to assist small and mediumsized enterprises.

Bank lending

Private

2003

45,000

15,000

15,000

Regional
investment

Southeast Europe Equity Fund II

Equity fund investing in private funds in southEquity funds


eastern Europe.

Private

2005

3,624

3,624

3,624

Direct
investment

US/EBRD SME Finance


Facility

ProCredit Bank Bosnia

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

2004

6,000

5,900

5,900

Direct
investment

Bosnia and Herzegovina Air


Traffic Management System

Supply of equipment and training services to Transport


improve safety.

State

2006

22,700

17,000

17,000

Direct
investment

Bosnia and Herzegovina SME UniCredit Zagrebacka Banka Credit lines to assist small and mediumframework
sized enterprises.

Bank lending

Private

2004

7,500

7,500

7,500

Direct
investment

Regional Railway Project

Financing of track infrastructure.

Transport

State

2005

189,800

70,000

70,000

Direct
investment

Bosnia and Herzegovina SME UPI Banka


framework

Credit lines to assist small and mediumsized enterprises.

Bank lending

Private

2004

5,000

5,000

5,000

Direct
investment

Tvornica Opeke Sarajevo

Renovation of a disused brick factory in


Sarajevo.

Manufacturing
and services

Private

2005

14,033

6,200

6,200

Bosnia and Herzegovina

Sector

Portfolio
Class

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Bosnia and Herzegovina

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

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

55,000

Regional
investment

Argus Capital Partners II

Private equity fund supporting medium-sized Equity funds


enterprises. Successor to the Argus Capital
Partners fund.

Private

2005

200

200

200

Direct
investment

Mittal Steel Zenica

Energy efficiency investments and working


capital.

Manufacturing
and services

Private

2005

20,357

20,357

20,357

Direct
investment

Natron Hayat

Renovation of facilities at paper and pulp


mill, including restarting pulp production.

Manufacturing
and services

Private

2006

111,695

11,000

11,000

Regional
investment

European Fund for Southeast Europe

2006

2,000

2,000

2,000

Direct
investment

VF Komerc

Privately managed public/private investment Small business Private


fund which will provide financing for micro, finance
small and medium-sized businesses as well
as housing and rural finance in south-eastern
Europe.
Expansion of operations of local food retailer Agribusiness
Private
and upgrade of existing stores.

2006

53,000

4,000

4,000

Direct
investment

Western Balkans SME Finance Raiffeisen Leasing BiH


Facility

Credit line to Raiffeisen Leasing for onlending to small and medium-sized


businesses.

Insurance and
financial
services

Private

2006

10,000

10,000

10,000

Direct
investment

Bijeljina waste-water collection system

Construction of waste-water collection


network to prevent pollution of the aquifer.

Municipal and
environmental
infrastructure

State

2007

7,000

7,000

7,000

Direct
investment

Western Balkans MSME


Framework

Mikrofin

Credit line for on-lending to micro, small and Small business Private
medium-sized businesses.
finance

2006

8,000

8,000

8,000

Direct
investment

Western Balkans MSME


Framework

Mikrokreditna Organizacija
EKI

Credit line for on-lending to micro, small and Small business Private
medium-sized businesses.
finance

2006

6,000

6,000

6,000

Bosnia and Herzegovina

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Bosnia and Herzegovina

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

Balkan Accession Fund

Finance provided to a private equity fund


investing in medium-sized businesses.

Equity funds

Private

2006

5,245

1,120

1,120

Regional
investment

Europolis III

Private

2006

7,425

630

945

1,575

Direct
investment

Raiffeisen Bank

Equity investment allowing the creation of a Property and


tourism
regional portfolio of property assets in
Bosnia and Herzegovina, Bulgaria, FYR
Macedonia, Montenegro, Romania, Russia,
Serbia and Ukraine.
Loan to allow medium and long-term loans to Bank lending
corporate clients.

Private

2006

20,000

20,000

20,000

Regional
investment

GS Hotels and Resort (Loan)

Loan to leading local hospitality group, basedProperty and


in Dubrovnik.
tourism

Private

2007

10,756

3,236

3,236

Direct
investment

VF Komerc

Expansion of operations of local food retailer Agribusiness


and upgrade of existing stores.

Private

2006

6,000

6,000

6,000

Direct
investment

Western Balkans MSME


Framework

Partner

Credit line for on-lending to micro and small Small business Private
businesses.
finance

2007

8,000

8,000

8,000

Direct
investment

Western Balkans MSME


Framework

Sunrise

Credit line for on-lending to micro and small Small business Private
businesses.
finance

2007

4,000

4,000

4,000

Direct
investment

Primary road network upgrade Bosnia and Herzegovina


Upgrade and reconstruction of sections of
Road Rehabilitation Project the primary road network.

State

2007

230,500

75,000

75,000

Direct
investment

ISO and TRANSCO

Supply and installation of electricity


Power and
transmission system that will facilitate power energy
trade in the region.

State

2007

15,931

15,931

15,931

Direct
investment

Western Balkans Local


Enterprise Facility

VF Komerc

Long-term loan to finance real estate


operations.

Private

2007

4,000

4,000

4,000

Bosnia and Herzegovina

Transport

Agribusiness

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Bosnia and Herzegovina

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Uniqa Osiguranje

Acquisition of a 20 per cent equity stake in


Uniqa Osiguranje Bosnia.

Insurance and
financial
services

Private

2007

1,600

1,600

1,600

Direct
investment

Western Balkans Local


Enterprise Facility

Suica Terni

Construction of a greenfield plant for the


production of wood pellets.

Manufacturing
and services

Private

2007

1,250

1,125

1,125

Regional
investment

GS Hotels and Resorts


(Equity)

Equity investment in local hospitality group. Property and


tourism

Private

2007

10,030

2,510

2,510

Direct
investment

Western Balkans MSME


Framework

Microcredit organisation MI- Credit line for on-lending to micro and small Small business Private
Bospo
businesses.
finance

2007

3,000

3,000

3,000

Direct
investment

Western Balkans MSME


Framework

Prizma microcredit
organisation

Credit line for on-lending to small and


medium-sized businesses.

Small business Private


finance

2007

4,000

4,000

4,000

Regional
investment

ViaOne

Equity investment to support the commercial Telecoms,


Private
launch and development of ViaOne Europa informatics and
Holding's software platforms.
media

2008

1,694

1,000

1,000

Direct
investment

Corridor Vc

Loan to finance construction of key sections Transport


of trans-European motorway.

2008

605,000

180,000

180,000

Direct
investment

Western Balkans MSME


Framework

Sunrise II

Facilitates access to finance for smaller


business clients.

Small business Private


finance

2008

3,000

3,000

3,000

Direct
investment

Western Balkans MSME


Framework

EKI

Loan to the third largest microfinance


organisation in Bosnia and Herzegovina to
improve access to finance.

Small business Private


finance

2008

6,000

6,000

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.

Insurance and
financial
services

2008

10,000

10,000

10,000

Bosnia and Herzegovina

State

Private

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Bosnia and Herzegovina

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

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

600

600

600

Direct
investment

Western Balkans Local


Enterprise Facility

Bimal

Support for an oil producing company.

Agribusiness

Private

2008

10,000

8,375

8,375

Direct
investment

Raiffeisen Bank

To increase the availability of small and


medium-sized enterprises financing with
longer maturities.

Bank lending

Private

2008

30,000

30,000

30,000

Direct
investment

Western Balkans and Croatia


Financing Framework

MI-BOSPO

Long-term loan to existing client to improve Small business Private


access to finance for entrepreneurs.
finance

2008

3,000

3,000

3,000

Regional
investment

Western Balkans Local


Enterprise Facility

Lydian International

Exploration and development of zinc, lead,


silver and gold deposits in the Western
Balkans.

Private

2009

1,173

364

364

Regional
investment

European Fund for SouthEast Europe II

Support to financial institutions for on-lending Small business Private


to MSMEs, as well as for housing and rural finance
finance.

2009

11,550

1,650

1,650

Direct
investment

Western Balkans and Croatia


Financing Framework

Partner II

Support for the financial sector while


promoting adherence to best practices in
corporate governance.

Small business Private


finance

2008

10,000

10,000

10,000

Direct
investment

Western Balkans MSME


Framework

Intesa SanPaolo Banka

Support for the financial sector and


promoting adherence to best practices in
corporate governance and strengthening
financial discipline.

Bank equity

Private

2008

1,434

1,434

1,434

Direct
investment

Western Balkans Sustainable Raiffeisen Bank BiH


Energy Finance Facililty

Credit line for on-lending to energy efficiency Bank lending


projects.

Private

2009

10,000

2,000

2,000

Direct
investment

Konzum BiH

Loan to support retail network expansion and Agribusiness


balance sheet restructuring.

Private

2009

56,999

25,000

25,000

Bosnia and Herzegovina

Natural
Resources

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Bosnia and Herzegovina

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Unicredit Bank

Credit line for on-lending to small and


medium-sized enterprises.

Bank lending

Private

2009

30,000

30,000

30,000

Direct
investment

Unicredit Group

Unicredit Leasing Bosnia

Medium and long-term debt financing in


Insurance and
support of SMEs, lease finance and energy financial
efficiency projects.
services

Private

2009

15,000

15,000

15,000

Direct
investment

Mahovljani Interchange

A loan to Republika Srpska Motorways to


finance construction of the Mahovljani
interchange.

Transport

State

2009

33,700

21,000

21,000

Regional
investment

Southeast Europe Energy


Efficiency Fund (SE4F)

Financing for energy efficiency projects


through local financial institutions.

Insurance and
financial
services

Private

2009

9,488

2,500

2,500

Bosnia and Herzegovina

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Bulgaria

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Bulgaria wholesale market

Development of agricultural wholesale and


farmers markets in Sofia, Sliven, Stara
Zagora and Plovdiv.

Agribusiness

State

1995

37,185

3,202

3,202

Direct
investment

Bulgarian Telecommunications Company

Modernisation of telecommunications
facilities, including installation of line units
and construction of a transit network.

Telecoms,
State
informatics and
media

1992

185,563

32,000

32,000

Direct
investment

Maritza East II

Completion of Unit No.8 at power plant and Power and


retrofit of sulphur dioxide removal
energy
equipment.

State

1992

199,112

39,857

39,857

Direct
investment

Transit roads

Construction of 32 km section of the Trans- Transport


European Motorway.

State

1993

78,095

29,818

29,818

Regional
investment

Euromerchant Balkan Fund

Equity investment in venture capital fund


supporting small and medium-sized private
joint ventures.

Equity funds

Private

1994

3,629

3,629

3,629

Direct
investment

Delta Dairy

Equity investment in ice cream production


facility.

Agribusiness

Private

1994

8,708

3,340

3,340

Direct
investment

Railway restructuring

Modernisation of railway and facilitation of


institutional development programme.

Transport

State

1995

228,387

30,863

30,863

Direct
investment

International Commercial Bank -

Equity investment in International


Commercial Bank.

Bank equity

Private

1993

964

964

964

Direct
investment

Danone Serdika

Upgrade of yoghurt production plant and


introduction of new products.

Agribusiness

Private

1994

5,914

1,245

1,245

Direct
investment

Eurovision

Design, supply and installation of earth


Telecoms,
State
station linked to the Eurovision Network via informatics and
satellite.
media

1992

694

694

694

Bulgaria

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Bulgaria

Type of
investment

Project name

Sub project

Description

Direct
investment

BNP-Paribas Bulgaria

Equity investment in subsidiary of BNP and Bank equity


Banque Paribas.

Private

1994

7,466

1,266

1,266

Direct
investment

Caresbac Bulgaria

Equity investment in Bulgarian small


Equity funds
business investment company, focusing on
the agribusiness sector.

Private

1994

7,987

1,746

1,746

Regional
investment

MBA loan project

Financial support for students undertaking


MBA degrees at top-tier business schools.

Bank lending

Private

1995

2,557

815

611

1,427

Direct
investment

Danone Serdika

Investment in dairy, confectionery and


mineral water companies.

Agribusiness

Private

1996

2,020

1,158

1,158

Direct
investment

First Investment Bank

Financing for small and medium-sized


enterprises.

Bank lending

Private

1996

4,161

4,161

4,161

Direct
investment

United Bulgarian Bank

Equity investment of up to 35 per cent,


enabling privatisation of the bank.

Bank equity

Private

1997

245,639

11,402

22,805

34,207

Direct
investment

Astera

Privatisation and modernisation of leading


cosmetics producer.

Manufacturing
and services

Private

1996

12,969

6,935

6,935

Direct
investment

BNP-Paribas Bulgaria

Equity investment in subsidiary of BNP and Bank equity


Banque Paribas.

Private

1995

3,209

664

664

Direct
investment

International Commercial Bank -

Equity investment in International


Commercial Bank.

Private

1995

2,337

971

971

Direct
investment

Storco

Upgrade of food-processing facilities,


Agribusiness
restructuring of operations and improvement
of raw material supplies.

Private

1996

22,406

3,776

3,776

7,553

Bulgaria

Sector

Bank equity

Portfolio
Class

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Bulgaria

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Sofia district heating


rehabilitation

Upgrade of distribution network and


improvement of financial, commercial and
environmental performance of company.

Municipal and
environmental
infrastructure

State

2002

88,297

14,297

14,297

Direct
investment

First Investment Bank

Subscription of newly issued shares, bringingBank equity


total investment to 20 per cent.

Private

1997

3,647

3,647

3,647

Direct
investment

Sofia water system concession -

Improvement of water and waste-water


Municipal and
services, addressing leakage, drinking water environmental
quality and effluent standards.
infrastructure

Private

2000

146,761

39,113

39,113

Direct
investment

Sodi privatisation

Privatisation of soda ash producer.

Private

1997

186,559

55,482

55,482

Direct
investment

BNP-Paribas Bulgaria

Equity investment in subsidiary of BNP and Bank equity


Banque Paribas.

Private

1997

728

156

156

Direct
investment

International Commercial Bank -

Equity investment in International


Commercial Bank.

Bank equity

Private

1997

5,380

271

271

Direct
investment

Danone Serdika

Investment in dairy, confectionery and


mineral water companies.

Agribusiness

Private

1997

4,099

1,504

1,504

Direct
investment

Chelopech Mining

Environmental improvements, refurbishment, Natural


Resources
modernisation and expansion of the
Chelopech Gold Copper mine and
processing plant.

Private

2005

111,380

17,338

17,338

Regional
investment

Black Sea Fund

Equity investment in medium-sized local


enterprises and facilitation of foreign direct
investment in the region.

Equity funds

Private

1998

17,062

6,867

6,867

Direct
investment

Domaine Boyar AD

Modernisation and expansion of production Agribusiness


facilities at two existing wineries and
construction of a third greenfield winery.

Private

1998

50,402

15,587

5,196

20,782

Bulgaria

Manufacturing
and services

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Bulgaria

Type of
investment

Project name

Sub project

Description

Direct
investment

BNP-Paribas Bulgaria

Equity investment in subsidiary of BNP and Bank equity


Banque Paribas.

Private

1997

3,981

790

790

Regional
investment

AIG New Europe Fund

Private equity fund investing in central and


eastern Europe.

Equity funds

Private

1999

11,686

2,303

2,303

Regional
investment

Central and Eastern Europe


Power Fund

Investment in private sector projects in


power generation, transmission and district
heating.

Power and
energy

Private

1999

1,429

436

436

Direct
investment

Isiklar/Celhart

Modernisation of kraft paper and sack


production facilities.

Manufacturing
and services

Private

1998

31,441

8,393

2,798

11,190

Direct
investment

Maritza East III

Upgrade of lignite-fired power plant to


improve environmental standards.

Power and
energy

Private

2003

707,986

28,005

28,005

Direct
investment

Bulgarian SME and tourism


framework facility

Credit line to assist small and medium-sized Bank lending


enterprises in tourism and associated
sectors.

Private

2000

5,100

5,100

5,100

Regional
investment

MBA loan project

Financial support for students undertaking


MBA degrees at top-tier business schools.

Bank lending

Private

1998

551

115

115

230

Direct
investment

Bulgarian transmission network -

Restructuring and commercialisation of


Bulgarian power sector.

Power and
energy

State

2002

156,450

40,870

40,870

Direct
investment

Bulgaria wholesale market

Development of agricultural wholesale and


farmers markets in Sofia, Sliven, Stara
Zagora and Plovdiv.

Agribusiness

State

1999

23,503

6,858

6,858

Direct
investment

Bulgarian Insurance and


Pension (BIP)

Equity investment in insurance and pension Insurance and


company.
financial
services

Private

1999

13,646

5,315

5,315

Bulgaria

Sector

Portfolio
Class

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Bulgaria

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

First Investment Bank

Financing for small and medium-sized


enterprises.

Bank lending

Private

1999

15,000

5,000

5,000

Direct
investment

EU/EBRD SME Finance


Facility

Unionbank

Financing for small and medium-sized


enterprises.

Bank lending

Private

2000

6,000

6,000

6,000

Regional
investment

Private Equity Fund Facility

Trigranit

Equity investment in leading commercial


property developer and operator.

Property and
tourism

Private

1999

3,267

680

680

Direct
investment

BNP-Paribas Bulgaria

Equity investment in subsidiary of BNP and Bank equity


Banque Paribas.

Private

2000

2,045

2,045

2,045

Direct
investment

Bulgaria Grain Receipts


Programme

Expressbank

Financing for agribusiness sector using grain Bank lending


receipts.

Private

2000

529

529

529

Direct
investment

Isiklar/Celhart

Modernisation of kraft paper and sack


production facilities.

Manufacturing
and services

Private

2000

20,459

6,589

6,589

Direct
investment

Maritza East I Power Company -

Construction of a lignite-fired power plant.

Power and
energy

Private

2005

1,174,600

96,000

96,000

Direct
investment

Rila Solutions

Provision of early-stage capital for internet


and wireless solutions company.

Telecoms,
Private
informatics and
media

2000

7,359

3,198

3,198

Regional
investment

TBIH Financial Services

Expansion of insurance and pension


operations in central and eastern Europe.

Insurance and
financial
services

Private

2000

10,372

2,081

4,162

6,243

Direct
investment

Balkanpharma

Modernisation of pharmaceutical production Manufacturing


facilities.
and services

Private

2001

23,315

12,115

12,115

Bulgaria

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Bulgaria

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Direct Investment Facility

Babylon

Direct investment in pharmaceutical


distribution company.

Manufacturing
and services

Private

2001

514

514

514

Direct
investment

EU/EBRD SME Finance


Facility

Hebros Bank

Financing for small and medium-sized


enterprises.

Bank lending

Private

2001

6,000

6,000

6,000

Regional
investment

Innova/3

Private equity fund supporting small and


medium-sized enterprises.

Equity funds

Private

2001

9,416

1,116

1,116

Direct
investment

Storco divestment

Divestment in food processing company.

Agribusiness

Private

1996

208

208

208

Direct
investment

Sofia public transport project

Refurbishment of trams, purchase of new


Municipal and
buses and development of transport control environmental
system.
infrastructure

State

2002

40,311

16,710

16,710

Regional
investment

Europolis

Development of regional real estate portfolio Property and


of 15 to 20 property assets.
tourism

Private

2001

77,662

10,500

15,750

26,250

Direct
investment

Bulgaria Grain Receipts


Programme

Unionbank

Financing for agribusiness sector using grain Bank lending


receipts.

Private

2001

1,559

1,559

1,559

Direct
investment

US/EBRD SME Finance


Facility

ProCredit Bank

Equity investment in ProCredit Bank Bulgaria Small business Private


and financing for micro and small
finance
enterprises.

2001

19,736

3,170

1,057

4,227

Direct
investment

Unionbank

Acquisition of 15 per cent equity stake in


bank supporting small and medium-sized
enterprises.

Bank equity

Private

2002

3,934

3,597

3,597

Direct
investment

Maritza East II environmental


loan

Installation of scrubbers in thermal power


plant to reduce sulphur dioxide emissions.

Power and
energy

State

2004

80,300

22,000

22,000

Bulgaria

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Bulgaria

Type of
investment

Project name

Direct
investment

Bulgarian Telecom Mezzanine Co-investment Facility

Facility supporting Advent Internationals


Telecoms,
Private
purchase of a 65 per cent stake in Bulgarian informatics and
Telecom.
media

2004

118,000

43,949

43,949

Regional
investment

Black Sea Fund

Equity investment in medium-sized local


enterprises and facilitation of foreign direct
investment in the region.

Equity funds

Private

2002

8,274

2,518

2,518

Direct
investment

Paper Factory Stambolijski


(PFS)

Acquisition of paper and sack production


assets of Celhart.

Manufacturing
and services

Private

2002

36,311

12,417

6,209

18,626

Direct
investment

Boliari

Expansion of supermarket operations in


Varna and Bourgas.

Agribusiness

Private

2004

14,500

9,000

1,500

10,500

Regional
investment

Billa

Expansion of supermarket chain.

Agribusiness

Private

2003

53,910

6,750

6,750

Direct
investment

EU/EBRD SME Finance


Facility

United Bulgarian Bank

Financing for small and medium-sized


enterprises.

Bank lending

Private

2002

20,000

20,000

20,000

Direct
investment

EU/EBRD SME Finance


Facility

DSK Bank

Credit lines for on-lending to small and


medium-sized businesses.

Bank lending

Private

2004

10,000

10,000

10,000

Direct
investment

EU/EBRD SME Finance


Facility

Raiffeisen Bank Bulgaria

Financing for small and medium-sized


enterprises.

Bank lending

Private

2002

10,000

3,500

3,500

Regional
investment

Heitman Central Europe


Property Partners Fund

Property and
Investment in property projects, primarily
office buildings, warehousing/distribution and tourism
retail shopping centres.

Private

2002

7,547

2,450

2,450

Regional
investment

EU/EBRD SME Finance


Facility

Global Growth Fund

Financing for small and medium-sized


enterprises.

Private

2003

10,375

3,250

3,250

Bulgaria

Sub project

Description

Sector

Equity funds

Portfolio
Class

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Bulgaria

Type of
investment

Project name

Direct
investment

Description

Sector

Portfolio
Class

Bulgarian Post Bank mortgage line

Credit line providing long-term mortgage


loans.

Bank lending

Private

2003

15,000

15,000

15,000

Direct
investment

US/EBRD SME Finance


Facility

ProCredit Bank

Equity investment in ProCredit Bank Bulgaria Small business Private


and financing for micro and small
finance
enterprises.

2003

6,136

1,227

1,227

Regional
investment

Raiffeisen International

Equity investment supporting growth of


Bank equity
Raiffeisen International's business in Bosnia
and Herzegovina.

Private

2004

10,000

5,000

5,000

Direct
investment

Bulgarian Telecommunications Company

Privatisation of Bulgarian fixed-line


telecommunications operator.

Telecoms,
Private
informatics and
media

2003

138,000

13,000

13,000

Regional
investment

International Water United


Utilities

Acquisition of three water utility companies. Municipal and


environmental
infrastructure

Private

2003

13,688

4,988

4,988

Regional
investment

TUI advance payments

Upgrade and expansion of hotels in Bulgaria.Property and


tourism

Private

2003

33,210

33,210

33,210

Direct
investment

Opet-Aygaz Bulgaria

Expansion of operations through the


Natural
acquisition of petrol stations and investment Resources
in greenfield sites.

Private

2003

73,300

20,000

20,000

Regional
investment

Polish Enterprise Fund V

Private equity fund investing in enterprises in Equity funds


Bulgaria.

Private

2004

4,650

4,650

4,650

Regional
investment

Advent Central and Eastern


Europe Successor Fund

Private equity fund investing in Bulgaria.

Equity funds

Private

2004

49,571

7,500

7,500

Direct
investment

TBI AD

Restructuring of insurance and pension


provider.

Insurance and
financial
services

Private

2003

15,252

7,626

7,626

15,252

Bulgaria

Sub project

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Bulgaria

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

TBIF Bulgaria AD

Restructuring of insurance and pension


provider.

Insurance and
financial
services

Private

2003

917

917

917

Direct
investment

Herfstzon

Restructuring of insurance and pension


provider.

Insurance and
financial
services

Private

2003

4,828

4,828

4,828

Regional
investment

Southeast Europe Equity Fund II

Equity fund investing in private funds in southEquity funds


eastern Europe.

Private

2005

7,247

7,247

7,247

Direct
investment

Energy efficiency and


renewable energy facility

UBB

Credit lines to UBB for on-lending to


industrial energy efficiency and small
renewable energy projects.

Bank lending

Private

2004

25,000

25,000

25,000

Direct
investment

Energy efficiency and


renewable energy facility

BPB

Credit lines to BPB for on-lending to


industrial energy efficiency and small
renewable energy projects.

Bank lending

Private

2004

15,000

10,000

10,000

Direct
investment

US/EBRD SME Finance


Facility

ProCredit Bank

Equity investment in ProCredit Bank Bulgaria Small business Private


and financing for micro and small
finance
enterprises.

2004

14,076

3,515

3,515

7,030

Direct
investment

Burgas Water Company

Upgrading and expansion of the Burgas


regional water companys infrastructure.

State

2005

21,100

11,000

11,000

Regional
investment

Migros Foodstores Skopje

Expansion of retailers operations in Bulgaria Agribusiness


and FYR Macedonia.

Private

2004

157

102

102

Direct
investment

North-eastern Bulgaria
electricity distribution
companies

Support for the privatisation of two electricity Power and


distribution companies.
energy

Private

2005

16,800

16,800

16,800

Direct
investment

EU/EBRD SME Finance


Facility

Hebros Bank

Credit lines for on-lending to small and


medium-sized businesses.

Private

2004

6,000

6,000

6,000

Bulgaria

Municipal and
environmental
infrastructure

Bank lending

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Bulgaria

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Energy efficiency and


renewable energy facility

Unionbank

Credit lines to Unionbank for on-lending to


industrial energy efficiency and small
renewable energy projects.

Bank lending

Private

2004

8,000

8,000

8,000

Direct
investment

EU/EBRD Rural Finance


Facility

UBB

Credit line for on-lending to small and


medium-sized agribusinesses.

Bank lending

Private

2004

10,000

10,000

10,000

Direct
investment

Energy efficiency and


renewable energy facility

Biochim

Credit lines to Biochim for on-lending to


industrial energy efficiency and small
renewable energy projects.

Bank lending

Private

2004

7,000

7,000

7,000

Direct
investment

EU/EBRD SME Finance


Facility

Hebros Leasing II

Credit line for on-lending to small and


medium-sized businesses.

Insurance and
financial
services

Private

2006

5,000

5,000

5,000

Regional
investment

Europolis II

Development of commercial property


projects.

Property and
tourism

Private

2004

34,325

3,247

4,330

7,577

Direct
investment

EU/EBRD SME Finance


Facility

Hebros Leasing

Credit line for on-lending to small and


medium-sized businesses.

Insurance and
financial
services

Private

2004

5,000

5,000

5,000

Direct
investment

Energy efficiency and


renewable energy facility

DSK Bank

Credit lines to DSK Bank for on-lending to


industrial energy efficiency and small
renewable energy projects.

Bank lending

Private

2004

10,000

10,000

10,000

Direct
investment

EU/EBRD SME Finance


Facility

Bulgarian-American Credit
Bank

Credit lines for on-lending to small and


medium-sized businesses.

Bank lending

Private

2004

5,000

5,000

5,000

Direct
investment

Belvedere

Investment in wine producer to strengthen


operations and increase export sales.

Agribusiness

Private

2005

28,101

7,714

1,286

9,000

Direct
investment

Bulgarian Telecom Mezzanine Co-investment Facility

Facility supporting Advent Internationals


Telecoms,
Private
purchase of a 65 per cent stake in Bulgarian informatics and
Telecom.
media

2004

98,096

36,536

36,536

Bulgaria

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Bulgaria

Type of
investment

Project name

Direct
investment

Bulgarian Telecom Mezzanine Co-investment Facility

Facility supporting Advent Internationals


Telecoms,
Private
purchase of a 65 per cent stake in Bulgarian informatics and
Telecom.
media

2004

40,000

3,500

3,500

Direct
investment

Energy efficiency and


renewable energy facility

Bulbank

Credit lines to Bulbank for on-lending to


industrial energy efficiency and small
renewable energy projects.

Bank lending

Private

2004

10,000

10,000

10,000

Direct
investment

Sunny Travel

Completion of Hermitage Grand Hotel in


Golden Sands.

Property and
tourism

Private

2005

37,563

12,188

12,188

Regional
investment

Global Property Fund

Equity investment in property.

Property and
tourism

Private

2005

45,000

10,350

10,350

Direct
investment

Sviloza pulp mill

Increase in production, improvements in


energy efficiency and compliance with EU
environmental standards.

Manufacturing
and services

Private

2005

28,000

18,000

18,000

Direct
investment

Residential energy efficiency


credit line

UBB

Credit line for residential energy efficiency


improvements.

Bank lending

Private

2005

5,113

5,113

5,113

Direct
investment

Residential energy efficiency


credit line

Bulbank

Energy efficiency investment.

Bank lending

Private

2006

2,500

2,500

2,500

Direct
investment

Residential energy efficiency


credit line

DSK Bank

Credit line for residential energy efficiency


improvements.

Bank lending

Private

2005

10,000

10,000

10,000

Regional
investment

Argus Capital Partners II

Private equity fund supporting medium-sized Equity funds


enterprises. Successor to the Argus Capital
Partners fund.

Private

2005

3,000

3,000

3,000

Direct
investment

Residential energy efficiency


credit line

Raiffeisenbank Bulgaria

Credit line for residential energy efficiency


improvements.

Private

2005

10,000

10,000

10,000

Bulgaria

Sub project

Description

Sector

Bank lending

Portfolio
Class

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Bulgaria

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Vez Svoghe

Financing the construction of nine small


hydro power plants.

Power and
energy

Private

2007

101,802

34,001

34,001

Direct
investment

Residential energy efficiency


credit line

Post Bank

Credit line for residential energy efficiency


improvements.

Bank lending

Private

2005

5,000

5,000

5,000

Direct
investment

EU/EBRD SME Finance


Facility

SG Expressbank

Credit line for on-lending to small and


medium-sized businesses.

Bank lending

Private

2006

10,022

10,022

10,022

Direct
investment

EU/EBRD SME Finance


Facility

Union Leasing

Credit line for on-lending to small and


medium-sized businesses.

Insurance and
financial
services

Private

2005

3,000

3,000

3,000

Direct
investment

Rousse Water

Upgrades to improve financial and


Municipal and
operational performance of a regional water environmental
company.
infrastructure

State

2006

54,800

8,000

8,000

Regional
investment

Emerging Europe
Convergence Fund II

Direct equity fund investing in central and


eastern Europe.

Equity funds

Private

2005

6,000

6,000

6,000

Direct
investment

EU/EBRD SME Finance


Facility

Raiffeisen Leasing Bulgaria Credit line for on-lending to small and


medium-sized businesses.

Insurance and
financial
services

Private

2006

20,000

20,000

20,000

Regional
investment

7L Capital Partners

Equity funds

Private

2006

14,700

6,000

6,000

Regional
investment

European Fund for Southeast Europe

2006

2,000

2,000

2,000

Direct
investment

Golden Yavor

Privately managed public/private investment Small business Private


fund which will provide financing for micro, finance
small and medium-sized businesses as well
as housing and rural finance in south-eastern
Europe.
Finance for the construction of a 250-room Property and
Private
self catering hotel.
tourism

2005

4,992

2,496

2,496

Bulgaria

Regional private equity fund investing


primarily in south-eastern Europe.

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Bulgaria

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

SigmaBleyzer Southeast
European Fund IV CV

Private equity fund.

Equity funds

Private

2005

5,000

5,000

5,000

Direct
investment

EU/EBRD SME Finance


Facility

Allianz Bulgaria Bank

Credit line for on-lending to small and


medium-sized businesses.

Bank lending

Private

2006

10,000

10,000

10,000

Regional
investment

SG AM Eastern Europe

Investment in consumer services and


manufacturing companies.

Equity funds

Private

2005

1,080

600

600

Direct
investment

Boni

Improve quality of output and efficiency of


local meat-processing company.

Agribusiness

Private

2006

50,191

15,000

15,000

Regional
investment

Bluehouse equity fund

Private

2006

7,627

1,250

1,250

Regional
investment

Global Finance SEE Fund

Equity investment in Bluehouse Accession Property and


tourism
Property, a fund acquiring, developing,
renovating, owning and managing property in
Bulgaria, Croatia, Moldova, Romania, Serbia
and Ukraine.
Regional private equity fund investing in
Equity funds
south-eastern Europe.

Private

2007

19,252

19,212

19,212

Regional
investment

GED Eastern Fund II

Private equity fund investing in small and


medium-sized businesses primarily in
Bulgaria, Hungary and Romania.

Equity funds

Private

2006

28,000

8,000

8,000

Regional
investment

BSR Europe Co-Investment


Facility

Equity investment in a company developing Property and


office, retail, residential and industrial real
tourism
estate in Bulgaria.

Private

2006

11,000

3,850

3,850

Regional
investment

Alpha CEE II

Diversified regional private equity fund


dedicated to central and eastern Europe.

Equity funds

Private

2006

2,500

2,500

2,500

Regional
investment

Royalton Partners II

Equity financing for local service providers.

Equity funds

Private

2007

7,500

7,500

7,500

Bulgaria

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Bulgaria

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

Balkan Accession Fund

Finance provided to a private equity fund


investing in medium-sized businesses.

Equity funds

Private

2006

26,225

5,600

5,600

Regional
investment

Europolis III

Property and
tourism

Private

2006

32,175

2,730

4,095

6,825

Direct
investment

Telelink

Equity investment allowing the creation of a


regional portfolio of property assets in
Bosnia and Herzegovina, Bulgaria, FYR
Macedonia, Montenegro, Romania, Russia,
Serbia and Ukraine.
Financing geographic expansion of an
information technology and
telecommunications service.

Telecoms,
Private
informatics and
media

2006

10,104

1,035

2,070

3,104

Direct
investment

Residential energy efficiency


credit line

ProCredit Bulgaria

Energy efficiency investment.

Bank lending

Private

2006

13,500

13,500

13,500

Direct
investment

Energy efficiency and


renewable energy credit line

Raiffesenbank Bulgaria

Credit line for on-lending to small and


medium-sized businesses.

Bank lending

Private

2006

20,000

20,000

20,000

Regional
investment

AIG New Europe Fund II

Equity funds
Regional private equity fund investing in
equity and equity securities of companies in
central and south-eastern Europe, subsidiary
of AIG Global Investment Group.

Private

2006

5,000

5,000

5,000

Regional
investment

Syntaxis Mezzanine Fund

Fund with a portfolio of Central European


investments, in various sectors.

Private

2007

2,600

2,500

2,500

Direct
investment

Bulgarian FLAG Infrastructure Project

Loan for the upgrade of Bulgarian municipal Municipal and


infrastructure.
environmental
infrastructure

State

2008

100,680

48,001

48,001

Direct
investment

Stara Zagora Water

Investment to upgrade water supply


infrastructure.

Municipal and
environmental
infrastructure

State

2007

10,926

9,000

9,000

Regional
investment

Accession Mezzanine Capital II -

Private equity fund investing in central and


south-eastern European as well as Russia
and Ukraine.

Equity funds

Private

2007

40,000

8,000

8,000

Bulgaria

Equity funds

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Bulgaria

Type of
investment

Project name

Sub project

Description

Regional
investment

New Europe Venture Equity


Fund (NEVEQ)

Equity funds
Private equity fund investing in small and
medium-sized technology enterprises
primarily located in Bulgaria, FYR Macedonia
and Romania.

Private

2007

8,000

8,000

8,000

Direct
investment

Wienerberger Bulgaria

Expansion and modernisation of a brickmaking plant.

Manufacturing
and services

Private

2007

6,750

6,750

6,750

Direct
investment

Plovdiv water

Investment to improve water and wastewater facilities in Plovdiv.

Municipal and
environmental
infrastructure

State

2007

11,400

11,400

11,400

Direct
investment

EU/EBRD Rural Finance


Facility

Raiffeisen Bank

Credit line for on-lending to rural customers. Bank lending

Private

2007

20,000

20,000

20,000

Direct
investment

EU/EBRD SME Finance


Facility

Piraeus Bank

Credit line for on-lending to small and


medium-sized businesses.

Bank lending

Private

2007

15,000

10,000

10,000

Direct
investment

Energy Efficiency and


Piraeus Bank
Renewable Energy Credit Line

Credit line for residential energy efficiency


improvements.

Bank lending

Private

2007

5,000

5,000

5,000

Regional
investment

Caucasus Online

Debt and equity investment for construction Telecoms,


Private
of a high capacity sub-sea cable.
informatics and
media

2008

2,358

2,358

2,358

Direct
investment

EU/EBRD SME Finance


Facility

Piraeus Leasing Bulgaria

Credit line for on-lending to small and


medium-sized businesses.

Insurance and
financial
services

Private

2007

10,000

10,000

10,000

Direct
investment

Bulgarian ESCO Fund (BEF)

Loan to facilitate energy efficiency


improvements.

Manufacturing
and services

Private

2007

7,000

7,000

7,000

Direct
investment

Post Privatisation Fund

Investment in medium-sized private and


privatised enterprises, supported by EU
Phare technical cooperation funding.

Equity funds

Private

1997

8,706

8,706

8,706

Bulgaria

Sector

Portfolio
Class

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Bulgaria

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

I Fund

Co-financing for small and medium-sized


enterprises.

Equity funds

Private

1995

746

746

746

Direct
investment

ProCredit Bank Bulgaria

Loan to enable support for micro and small


enterprises in Bulgaria.

Small business Private


finance

2008

20,000

20,000

20,000

Regional
investment

EnerCap

Private equity fund dedicated to investing in Power and


energy
renewable energy and energy efficiency
projects in central and south-eastern
Europe.

Private

2007

5,000

1,250

1,250

Regional
investment

Advent Central and Eastern


Europe IV

Support investment into central and south- Equity funds


eastern European and Ukrainian companies.

Private

2008

10,000

10,000

10,000

Direct
investment

EU Energy Efficiency
Framework

United Bulgarian Bank

Loan for on-lending to improve energy


efficiency.

Bank lending

Private

2007

5,000

5,000

5,000

Direct
investment

EU Energy Efficiency
Framework

Unicredit Bulbank

Loan for on-lending to improve energy


efficiency.

Bank lending

Private

2007

15,000

15,000

15,000

Regional
investment

ViaOne

Equity investment to support the commercial Telecoms,


Private
launch and development of ViaOne Europa informatics and
Holding's software platforms.
media

2008

3,387

2,000

2,000

Direct
investment

Saint Nikola Wind Farm

Loan to aid construction of a new wind farm. Power and


energy

Private

2008

259,118

67,843

67,843

Direct
investment

EU/EBRD SME Extension 7

Eurobank EFG Bulgaria

On-lending to small and micro enterprises in Bank lending


Bulgaria.

Private

2008

25,000

7,000

7,000

Regional
investment

ARX Private Equity Fund

Support for investment to companies


operating in central and south-eastern
Europe.

Private

2008

6,000

6,000

6,000

Bulgaria

Equity funds

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Bulgaria

Type of
investment

Project name

Direct
investment

Description

Sector

Portfolio
Class

Globe Trade Centre - Galeria Stara Zagora

Loan to build a new commercial centre in


Stara Zagora.

Property and
tourism

Private

2008

54,601

17,100

17,100

Regional
investment

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

3,000

3,000

3,000

Regional
investment

Caucasus Online

Investment in an internet service provider


and sub-sea cable operator.

Private
Telecoms,
informatics and
media

2009

69

69

69

Direct
investment

EU/EBRD SME

SG Expressbank

Loan extension to support local small


businesses.

Bank lending

Private

2008

5,000

5,000

5,000

Direct
investment

Energy Efficiency and


UniCredit Bulbank
Renewable Energy Credit Line
Framework extension 2

Credit line for on-lending to energy efficiency Bank lending


projects.

Private

2009

15,000

5,000

5,000

Direct
investment

Energy Efficiency and


United Bulgarian Bank
Renewable Energy Credit Line
Framework extension 2

Credit line for on-lending to energy efficiency Bank lending


projects.

Private

2009

15,000

7,500

7,500

Regional
investment

European Fund for SouthEast Europe II

Support to financial institutions for on-lending Small business Private


to MSMEs, as well as for housing and rural finance
finance.

2009

11,550

1,650

1,650

Direct
investment

Sofia electrical public transport -

Procurement of trolleybuses and upgrade of Municipal and


electrical substations.
environmental
infrastructure

State

2009

18,000

18,000

18,000

Direct
investment

Hebros Bus Urban Transport

Loan to Hebros Bus to finance fleet renewal Municipal and


and expansion.
environmental
infrastructure

Private

2009

8,174

5,874

5,874

Regional
investment

Syntaxis Mezzanine Fund II

Equity in a regional fund which aims to


Equity funds
strengthen corporate governance and build
institutions.

Private

2009

45,000

9,000

9,000

Bulgaria

Sub project

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Bulgaria

Type of
investment

Project name

Sub project

Description

Regional
investment

Resource Eastern European


Equity Partners I

Support for institution building and expansion Equity funds


of private equity, business improvement and
best ethics and governance.

Private

2009

4,200

1,250

1,250

Direct
investment

Unicredit Group

Unicredit Bulbank

Medium and long-term debt financing in


Bank lending
support of SMEs, lease finance and energy
efficiency projects.

Private

2009

50,000

50,000

50,000

Direct
investment

Fama

A mezzanine loan to Fama, to finance the


companys investment programme.

Agribusiness

Private

2009

8,000

5,500

5,500

Regional
investment

Heitman Eastern European


Property Fund

An equity investment into Heitman European Property and


Property Partners IV, an investment vehicle tourism
pursuing long-term capital appreciation
through real estate investments.

Private

2009

68,325

11,250

11,250

Direct
investment

Kaufland

The EBRD is providing a loan to Kaufland to Agribusiness


finance the expansion of their compact
discount hypermarket format in Bulgaria.

Private

2009

110,000

60,000

60,000

Bulgaria

Sector

Portfolio
Class

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Croatia

Type of
investment

Project name

Sub project

Description

Direct
investment

Highway reconstruction

Construction of highway between Ostrovica Transport


and Delnice.

State

1995

187,675

36,196

36,196

Direct
investment

Air navigation system upgrade -

Provision of radar and navigation equipment. Transport

State

1994

16,600

13,687

13,687

Direct
investment

Electricity network
reconstruction

War-damage reconstruction of power


network.

Power and
energy

State

1995

49,015

32,211

32,211

Direct
investment

Zagrebacka Banka

Credit line supporting small and mediumsized enterprises.

Bank lending

Private

1995

24,293

19,754

19,754

Regional
investment

East European Food Fund

Investment fund focusing on food and


beverage sector.

Agribusiness

Private

1995

17,430

4,114

4,114

Direct
investment

Pliva

Expansion of antibiotic production capacity


and support for expenditure programme.

Manufacturing
and services

Private

1995

84,868

30,752

15,376

46,128

Direct
investment

Municipal environmental
investment programme

Expansion and improvement of waste-water Municipal and


and water supply treatment network and
environmental
services.
infrastructure

State

1996

122,490

31,575

31,575

Direct
investment

Agribusiness credit line

Dalmatinska Banka

Credit line to assist small and medium-sized Bank lending


enterprises in the agribusiness sector.

Private

1995

10,226

10,226

10,226

Direct
investment

Podravka

Construction of food seasoning production


plant.

Agribusiness

Private

1998

149,091

25,515

25,515

Direct
investment

Agribusiness credit line

Agro-Obrtnicka Banka

Credit line to assist small and medium-sized Bank lending


enterprises in the agribusiness sector.

Private

1995

5,186

5,186

5,186

Croatia

Sector

Portfolio
Class

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Croatia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Croatia wholesale market

Development of market distribution system


for fresh produce.

Agribusiness

State

1997

16,982

3,204

3,204

Direct
investment

Tourism credit line

Credit line to finance repairs and upgrade


tourist facilities.

Bank lending

Private

1996

25,565

25,565

25,565

Direct
investment

Varazdinska Banka

Increase funding to support anticipated


Bank equity
growth in lending and investment operations.

Private

1996

11,868

7,912

3,956

11,868

Direct
investment

Zagrebacka Banka

Purchase of information technology


equipment.

Bank lending

Private

1995

3,068

2,494

2,494

Direct
investment

Panonska Pivovara

Restructuring of Croatias largest food


company.

Agribusiness

Private

1996

62,071

16,873

16,873

Direct
investment

Slavonska Banka Osijek

Equity investment and five-year crosscurrency convertible bank-to-bank loan.

Bank equity

Private

1998

24,352

4,879

9,758

14,637

Direct
investment

HVB Croatia

Equity investment in HVB Croatia.

Bank equity

Private

1996

13,871

2,897

2,897

Direct
investment

Hypo Banka Croatia

Equity investment in Hypo Banka Croatia.

Bank equity

Private

1997

10,862

3,269

3,269

Direct
investment

Dalmatinska Banka

Credit line to assist small and medium-sized Bank lending


enterprises.

Private

1996

7,459

7,459

7,459

Direct
investment

Croatia SME Finance Facility

Erste and Steiermaerkische Financing for small and medium-sized


Bank
enterprises.

Private

1996

5,011

5,011

5,011

Croatia

Bank lending

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Croatia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Croatia SME Finance Facility

Alpe Jadran Banka

Financing for small and medium-sized


enterprises.

Bank lending

Private

1996

5,113

5,113

5,113

Direct
investment

Zagreb solid waste


management programme

Completion of two landfills.

Municipal and
environmental
infrastructure

State

1998

47,588

23,974

23,974

Direct
investment

Zagreb waste-water treatment plant

Construction and operation of waste-water


treatment plant.

Municipal and
environmental
infrastructure

Private

2001

326,709

42,200

42,200

Direct
investment

Croatia Capital Partnership Ltd -

Equity fund benefiting small and mediumsized enterprises undergoing privatisation.

Equity funds

Private

1997

23,438

4,713

4,713

Direct
investment

Croatia SME Finance Facility

Erste and Steiermaerkische Financing for small and medium-sized


Bank
enterprises.

Bank lending

Private

1997

7,370

7,370

7,370

Direct
investment

Croatia SME Finance Facility

Medimurska Banka

Financing for small and medium-sized


enterprises.

Bank lending

Private

1997

5,113

5,113

5,113

Direct
investment

Railways rehabilitation

Restructuring and commercialisation of


Transport
Croatian railways and upgrade of locomotive
fleet.

State

1998

151,814

24,274

24,274

Regional
investment

Advent Central and Eastern


Europe Fund II

Private equity fund supporting small and


medium-sized enterprises in central and
eastern Europe.

Equity funds

Private

1997

8,893

3,488

3,488

Direct
investment

Mortgage Finance Facility

Zagrebacka Banka

Credit line providing long-term mortgage


loans.

Bank lending

Private

1998

51,129

17,155

17,155

Regional
investment

AIG New Europe Fund

Private equity fund investing in central and


eastern Europe.

Equity funds

Private

1999

11,686

2,303

2,303

Croatia

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Croatia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

INA Rijeka refinery


environmental rehabilitation

Upgrade of waste-water treatment and


hazardous waste management facilities to
improve environmental performance.

Natural
Resources

Private

2001

31,712

31,712

31,712

Direct
investment

UNIQA Osiguranje

Expansion of leading Austrian insurance


company's operations.

Insurance and
financial
services

Private

1999

1,835

1,835

1,835

Direct
investment

HVB Croatia

Equity investment in HVB Croatia.

Bank equity

Private

1998

22,424

4,552

4,552

Direct
investment

VIP-Net I

Construction and operation of second


national GSM 900 mobile phone network.

Telecoms,
Private
informatics and
media

1999

341,900

22,372

22,372

Direct
investment

Rijeka sewerage services


improvement programme

Design and construction of sewerage subsystem, comprising a main collector and


nine pumping stations.

Municipal and
environmental
infrastructure

State

1999

8,840

8,100

8,100

Direct
investment

Erste Pension Fund

Pension fund managing mandatory


contributions made by individuals.

Insurance and
financial
services

Private

2000

4,167

1,519

1,519

Regional
investment

Private Equity Fund Facility

Trigranit

Equity investment in leading commercial


property developer and operator.

Property and
tourism

Private

1999

3,267

680

680

Direct
investment

Croatia SME Finance Facility

Erste and Steiermaerkische Financing for small and medium-sized


Bank
enterprises.

Bank lending

Private

1999

7,700

7,700

7,700

Direct
investment

Croatia SME Finance Facility

Erste and Steiermaerkische Financing for small and medium-sized


Bank
enterprises.

Bank lending

Private

1999

3,600

3,600

3,600

Direct
investment

Nasice Cement

Manufacturing
and services

Private

2000

40,000

15,000

15,000

Croatia

Upgrade of cement kiln and provision of


financing for potential acquisitions.

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Croatia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Agrokor

Restructuring of Croatias largest food


company.

Agribusiness

Private

2000

149,999

57,999

57,999

Direct
investment

Pliva research facility

Construction of research institute developing Manufacturing


pharmaceutical substances.
and services

Private

2000

71,572

17,338

17,338

Regional
investment

EU/EBRD SME Finance


Facility

Euroventures Danube

Private equity fund supporting small and


medium-sized enterprises.

Private

2001

283

29

29

Direct
investment

Port of Dubrovnik infrastructure modernisation project

Extension of berth area in the port of Gruz, Transport


Dubrovnik, to accommodate more and larger
vessels.

State

2005

41,700

26,500

26,500

Direct
investment

Council of Europe
Development Bank (CEDB) cofinancing facility

Credit line to assist small and medium-sized Bank lending


enterprises.

Private

2001

14,000

6,000

6,000

Regional
investment

TBIH Financial Services

Expansion of insurance and pension


operations in central and eastern Europe.

Insurance and
financial
services

Private

2000

6,711

1,347

2,693

4,040

Direct
investment

Bank Austria Framework

HVB Bank Croatia

Expansion of small and medium-sized


enterprise financing and mortgage lending.

Bank lending

Private

2000

4,990

4,990

4,990

Regional
investment

Innova/3

Private equity fund supporting small and


medium-sized enterprises.

Equity funds

Private

2001

9,416

1,116

1,116

Direct
investment

VIP-Net II

Extension of syndicated loan facility enabling Telecoms,


Private
construction and operation of second
informatics and
national GSM 900 mobile phone network.
media

2001

154,884

2,084

2,084

Direct
investment

Getro

Expansion of retail operations in Croatia,


Agribusiness
mainly cash and carry and discount outlets.

2002

124,990

41,537

3,461

44,998

Croatia

Equity funds

Private

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Croatia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Mortgage Finance Facility

PBZ

Credit line providing long-term mortgage


loans.

Bank lending

Private

2001

40,000

40,000

40,000

Direct
investment

Uljanik Shipyard

A guarantee facility to assist in the


construction of a new tanker at the stateowned Uljanik Shipyard.

Transport

State

2001

22,301

7,969

7,969

Direct
investment

GlobalNET

Development of ISPs customer base.

Telecoms,
Private
informatics and
media

2001

3,088

1,770

1,770

Direct
investment

Vetropack

Renovation and expansion of glass


production plant.

Agribusiness

Private

2001

67,800

12,500

12,500

Direct
investment

UNIQA Osiguranje

Expansion of leading Austrian insurance


company's operations.

Insurance and
financial
services

Private

2003

5,345

1,342

1,342

Direct
investment

Autocesta Rijeka-Zagreb

Construction of two key sections of the M12 Transport


motorway.

State

2001

140,000

60,000

60,000

Direct
investment

Privredna Banka Zagreb

Acquisition of up to 22 per cent of ordinary Bank equity


shares and voting rights, as part of the final
phase of privatisation.

Private

2002

114,337

114,337

114,337

Direct
investment

RZB Croatia

Credit line supporting small and mediumsized enterprises.

Bank lending

Private

2002

30,000

10,000

10,000

Direct
investment

Area control centre project

Renewal of main air traffic control centre.

Transport

State

2002

54,824

24,944

24,944

Direct
investment

Warehouse Receipt
Programme

Zagrebacka Banka

Expansion of Croatian grain export market Agribusiness


through pre-financing and short-term lending
against warehouse receipts for agribusiness
companies, farmers and traders.

Private

2002

71,400

25,000

25,000

Croatia

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Croatia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Erste and Steiermaerkische


Bank

Financing for small and medium-sized


enterprises.

Bank lending

Private

2002

20,000

20,000

20,000

Direct
investment

Motorway rehabilitation

Improvements to the European Corridor X


motorway from Zabok to Brodski Stupnik.

Transport

State

2002

123,854

45,254

45,254

Direct
investment

HVB Croatia

Credit line providing long-term mortgage


loans.

Bank lending

Private

2003

15,000

5,000

5,000

Direct
investment

VIP-Net corporate loan facility -

Development of essential
telecommunications infrastructure.

Telecoms,
Private
informatics and
media

2002

143,240

19,240

19,240

Direct
investment

Warehouse Receipt
Programme

Zagrebacka Banka

Short-term lending against warehouse


receipts for agribusiness companies,
farmers and traders.

Agribusiness

Private

2003

71,400

25,000

25,000

Direct
investment

Corridor 10 motorway

Upgrade of Trans-European Corridor 10 to a Transport


four-lane motorway.

State

2003

108,984

44,984

44,984

Direct
investment

Rijeka bypass

Completion of a bypass to ease traffic


congestion and facilitate movement.

Transport

State

2006

143,640

40,000

40,000

Direct
investment

Nasice Cement expansion


facility

Acquisition of construction material


producers and modernisation of production
lines.

Manufacturing
and services

Private

2003

56,499

20,000

20,000

Regional
investment

Raiffeisen International

Equity investment supporting growth of


Bank equity
Raiffeisen International's business in Bosnia
and Herzegovina.

Private

2004

10,000

5,000

5,000

Direct
investment

Zagreb solid waste


management programme

Completion of two landfills.

State

2003

30,000

17,100

17,100

Croatia

Municipal and
environmental
infrastructure

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Croatia

Type of
investment

Project name

Sub project

Description

Regional
investment

TUI advance payments

Upgrade and expansion of hotels in Croatia. Property and


tourism

Private

2003

4,050

4,050

4,050

Direct
investment

Mortgage Finance Facility

Zagrebacka Banka

Credit line providing long-term mortgage


loans.

Bank lending

Private

2004

50,000

50,000

50,000

Direct
investment

EU/EBRD Municipal Finance


Facility

Zagrebacka Banka

Support for municipalities and infrastructure Bank lending


projects.

Private

2003

11,100

10,000

10,000

Direct
investment

Dubrovnik urban transport


development project

Acquisition of 40 buses.

State

2004

10,800

6,550

6,550

Regional
investment

Southeast Europe Equity Fund II

Equity fund investing in private funds in southEquity funds


eastern Europe.

Private

2005

3,624

3,624

3,624

Regional
investment

Europolis II

Development of commercial property


projects.

Property and
tourism

Private

2004

34,325

3,247

4,330

7,577

Direct
investment

Agricultural Commodity
Financing Programme

Zagrebacka Banka

Commodity financing for small and medium- Agribusiness


sized agribusinesses.

Private

2004

71,400

25,000

25,000

Direct
investment

Karlovac waste-water
management project

Beginning construction of a waste-water


Municipal and
treatment plant and upgrade and extension environmental
of existing sewerage network.
infrastructure

State

2005

36,000

10,000

10,000

Direct
investment

Autocesta Rijeka-Zagreb

Upgrading of a road to full motorway status. Transport

State

2006

346,600

50,000

50,000

Regional
investment

Argus Capital Partners II

Private equity fund supporting medium-sized Equity funds


enterprises. Successor to the Argus Capital
Partners fund.

Private

2005

200

200

200

Croatia

Sector

Municipal and
environmental
infrastructure

Portfolio
Class

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Croatia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Ploce port

Finance for civil works and supply of heavy


lift cranes for work to Ploce port's new bulk
terminal.

Transport

State

2007

91,000

11,200

11,200

Regional
investment

Emerging Europe
Convergence Fund II

Direct equity fund investing in central and


eastern Europe.

Equity funds

Private

2005

6,000

6,000

6,000

Direct
investment

EU/EBRD SME Finance


Facility

Raiffeisen Leasing Croatia

Credit line for on-lending to small and


medium-sized businesses.

Insurance and
financial
services

Private

2006

20,000

20,000

20,000

Regional
investment

Capital Media

Long-term financing enabling extension of


operations for TV broadcaster operating in
central and eastern Europe.

Telecoms,
Private
informatics and
media

2006

4,000

2,000

2,000

Direct
investment

EU/EBRD SME Finance


Facility

Erste Leasing Croatia

Credit line for on-lending to small and


medium-sized businesses.

Insurance and
financial
services

Private

2007

10,000

10,000

10,000

Regional
investment

European Fund for Southeast Europe

2006

2,000

2,000

2,000

Direct
investment

EU/EBRD SME Finance


Facility

Hrvatska postanska banka

Privately managed public/private investment Small business Private


fund which will provide financing for micro, finance
small and medium-sized businesses as well
as housing and rural finance in south-eastern
Europe.
Credit line for on-lending to small and
Bank lending
Private
medium-sized businesses.

2006

10,000

10,000

10,000

Regional
investment

SG AM Eastern Europe

Investment in consumer services and


manufacturing companies.

Equity funds

Private

2005

5,400

3,000

3,000

Regional
investment

Bluehouse equity fund

Private

2006

15,253

2,500

2,500

Regional
investment

BSR Europe Co-Investment


Facility

Equity investment in Bluehouse Accession Property and


tourism
Property, a fund acquiring, developing,
renovating, owning and managing property in
Bulgaria, Croatia, Moldova, Romania, Serbia
and Ukraine.
Equity investment in a company developing Property and
office, retail, residential and industrial real
tourism
estate in Croatia.

Private

2006

10,000

3,500

3,500

Croatia

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Croatia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

Royalton Partners II

Equity financing for local service providers.

Equity funds

Private

2007

5,000

5,000

5,000

Direct
investment

Agrokor

Investment in the countrys leading food


retailer, encouraging regional growth.

Agribusiness

Private

2006

110,000

110,000

110,000

Direct
investment

Pula Urban Transport

Loan to renovate bus fleet.

Municipal and
environmental
infrastructure

State

2006

6,600

5,000

5,000

Regional
investment

Balkan Accession Fund

Finance provided to a private equity fund


investing in medium-sized businesses.

Equity funds

Private

2006

15,735

3,360

3,360

Direct
investment

Privredna Banka Zagreb

Equity investment to promote growth of a


successful commercial bank.

Bank equity

Private

2006

53,069

53,069

53,069

Regional
investment

Clean Globe International Oil


Spill Protection

Private

2007

7,505

425

425

Regional
investment

AIG New Europe Fund II

Natural
Establishment of crude oil spill response
Resources
centres in key locations in the Banks
countries of operations and provision of
regional training, prevention and remedial
services
Equity funds
Regional private equity fund investing in
equity and equity securities of companies in
central and south-eastern Europe, subsidiary
of AIG Global Investment Group.

Private

2006

5,000

5,000

5,000

Regional
investment

Syntaxis Mezzanine Fund

Fund with a portfolio of Central European


investments, in various sectors.

Equity funds

Private

2007

2,600

2,500

2,500

Regional
investment

GS Hotels and Resort (Loan)

Loan to leading local hospitality group, basedProperty and


in Dubrovnik.
tourism

Private

2007

86,048

25,888

25,888

Regional
investment

Accession Mezzanine Capital II -

Private equity fund investing in central and


south-eastern European as well as Russia
and Ukraine.

Private

2007

10,000

2,000

2,000

Croatia

Equity funds

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Croatia

Type of
investment

Project name

Direct
investment

Description

Sector

Portfolio
Class

Velika Gorica Urban Transport -

Loan to improve communal services in


Velika Gorica.

Municipal and
environmental
infrastructure

State

2008

9,530

9,000

9,000

Direct
investment

EU/EBRD SME Finance


Facility

Raiffeisen Bank

Credit line for on-lending to small and


medium-sized businesses.

Bank lending

Private

2007

10,000

10,000

10,000

Regional
investment

Clean Globe Oil Spill


Investment

Equity investment in oil spill response


centres.

Natural
Resources

Private

2007

2,040

240

240

Regional
investment

Capital Media

Development and restructuring of TV


broadcasting group.

Telecoms,
Private
informatics and
media

2007

2,000

1,000

1,000

Regional
investment

GS Hotels and Resorts


(Equity)

Equity investment in local hospitality group. Property and


tourism

Private

2007

80,240

20,080

20,080

Direct
investment

Jadranka Hotels

Equity investment to finance the


Property and
refurbishment and modernisation of existing tourism
hotels and villas.

Private

2008

84,770

24,000

24,000

Regional
investment

EnerCap

Private equity fund dedicated to investing in Power and


energy
renewable energy and energy efficiency
projects in central and south-eastern
Europe.

Private

2007

10,000

2,500

2,500

Direct
investment

Zagreb water

Upgrade and expansion of water and waste- Municipal and


water infrastructure.
environmental
infrastructure

State

2007

60,030

30,000

30,000

Regional
investment

Advent Central and Eastern


Europe IV

Support investment into central and south- Equity funds


eastern European and Ukrainian companies.

Private

2008

5,000

5,000

5,000

Regional
investment

ViaOne

Equity investment to support the commercial Telecoms,


Private
launch and development of ViaOne Europa informatics and
Holding's software platforms.
media

2008

1,694

1,000

1,000

Croatia

Sub project

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Croatia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

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

1,000

1,000

1,000

Direct
investment

Viro

Loan to modernise the sugar producer and


to privatise a state-owned sugar refinery.

Agribusiness

Private

2008

40,000

20,000

20,000

Direct
investment

Eurocable equity investment

Equity investment to support expansion of a Manufacturing


cable producer.
and services

Private

2008

18,200

15,500

15,500

Regional
investment

Asseco South Eastern Europe -

Participation in the initial public offering of an Telecoms,


Private
IT company.
informatics and
media

2009

2,250

2,250

2,250

Regional
investment

Syntaxis Mezzanine Fund II

Equity in a regional fund which aims to


Equity funds
strengthen corporate governance and build
institutions.

Private

2009

45,000

9,000

9,000

Direct
investment

Unicredit Group

Zagrebacka Banka

Credit line for UniCredit subsidiaries in


Bank lending
support of SMEs, lease finance and energy
efficiency projects.

Private

2009

50,000

50,000

50,000

Direct
investment

Trade Facilitation Programme Privredna Banka Zagreb

Subproject under the TFP for guarantee


issuance and disbursements.

Bank lending

Private

2009

23,268

11,634

11,634

23,268

Direct
investment

Privredna Banka Zagreb

Credit line for on-lending to small and


medium-sized enterprises.

Bank lending

Private

2009

50,000

50,000

50,000

Direct
investment

Plinacro

Financing for the acquisition of Podzemno Natural


skladiste plina, which owns underground gas Resources
storage facilities in Okoli.

State

2009

70,000

70,000

70,000

Direct
investment

Spar

Loan to support Spar Croatia in the regional Agribusiness


expansion of its retail chain.

Private

2009

47,000

25,000

25,000

Croatia

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Croatia

Type of
investment

Project name

Sub project

Description

Regional
investment

Heitman Eastern European


Property Fund

An equity investment into Heitman European Property and


Property Partners IV, an investment vehicle tourism
pursuing long-term capital appreciation
through real estate investments.

Regional
investment

Regional
investment

Croatia

Sector

Portfolio
Class

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

Private

2009

13,665

2,250

2,250

Asseco South Eastern Europe -

Participation in the initial public offering of an Telecoms,


Private
IT company.
informatics and
media

2009

1,050

1,050

1,050

Southeast Europe Energy


Efficiency Fund (SE4F)

Financing for energy efficiency projects


through local financial institutions.

2009

18,976

5,000

5,000

Insurance and
financial
services

Private

EBRD Investments 1991-2009

Czech Republic

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Barum / Continental

Modernisation of tyre manufacturing plant


and distribution business.

Manufacturing
and services

Private

1994

155,661

29,578

29,578

Direct
investment

CZ-Cagiva

Modernisation of motorcycle and engine


manufacturer.

Manufacturing
and services

Private

1993

36,941

5,850

5,850

Direct
investment

Karosa Renault

Modernisation of city buses and intercity


coaches and upgrade of manufacturing
operations.

Manufacturing
and services

Private

1994

47,505

6,520

6,520

Direct
investment

Kabel Net

Construction, development and operation of Telecoms,


Private
cable television in the Czech Republic.
informatics and
media

1994

11,409

2,497

2,497

Regional
investment

Alliance ScanEast Fund

Private equity fund supporting industrial


companies.

Equity funds

Private

1994

6,936

2,455

2,455

Direct
investment

Cokoladovny

Expansion of food manufacturers


operations.

Agribusiness

Private

1992

199,444

23,336

23,336

Regional
investment

Renaissance Fund

Venture capital fund supporting private


companies.

Equity funds

Private

1993

11,553

3,459

3,459

Direct
investment

Tatratex

Construction of casting facility.

Manufacturing
and services

Private

1993

2,042

817

817

Direct
investment

Ceskoslovenske Aerolinie
(CSA)

Privatisation of national air carrier and


modernisation of its fleet.

Transport

Private

1992

23,948

23,948

23,948

Direct
investment

Czech Telecommunications
Project

Development of digital overlay network and Telecoms,


State
expansion of telecommunications system.
informatics and
media

1993

260,752

33,752

33,752

Czech Republic

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Czech Republic

Type of
investment

Project name

Sub project

Description

Direct
investment

Eurotel Praha

Construction of cellular networks and public Telecoms,


Private
switched packet data networks.
informatics and
media

1992

46,813

7,629

7,629

Regional
investment

Czech and Slovak Investment Corp

Private equity fund supporting medium-sized Equity funds


enterprises in the Czech and Slovak
Republics.

Private

1992

6,422

3,626

3,626

Direct
investment

Thurn Taxis Dobrovice sugar


factory

Modernisation of sugar plant and expansion Agribusiness


of production capacity.

Private

1993

30,093

4,194

4,194

Direct
investment

CES Uniweb (ING)

Redevelopment of weaving mill.

Manufacturing
and services

Private

1993

6,401

1,617

1,617

Regional
investment

New Europe East Investment


Fund

Equity fund supporting private companies


and joint ventures.

Equity funds

Private

1993

13,439

3,292

3,292

Regional
investment

Dun and Bradstreet

Development of business information


services in central and eastern Europe.

Insurance and
financial
services

Private

1993

342

342

342

Direct
investment

Technolen WF

Modernisation of textile production facilities. Manufacturing


and services

Private

1995

24,009

8,620

8,620

Direct
investment

Ceske Drahy - Czech railway


corridor

Modernisation and upgrade of railway line


connecting Prague to Vienna and Berlin.

Transport

State

1995

1,146,754

12,910

12,910

Regional
investment

Advent Private Equity Fund


Central Europe

Private equity fund supporting small and


medium-sized enterprises in central and
eastern Europe.

Equity funds

Private

1994

5,407

2,078

2,078

Direct
investment

Skoda Kovarny

Development of crankshafts.

Manufacturing
and services

Private

1995

23,115

13,355

13,355

Czech Republic

Sector

Portfolio
Class

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Czech Republic

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Regional Trade Facilitation


Programme

Komercni Banka

Support for foreign trade.

Bank lending

Private

1994

10,403

10,403

10,403

Direct
investment

Tesla - Y.S.

Modernisation of automotive component


production plant.

Manufacturing
and services

Private

1994

16,615

5,131

5,131

Direct
investment

Investicni a Postovni Banka

Credit line for export financing companies.

Bank lending

Private

1995

5,395

5,395

5,395

Direct
investment

Sepap Steti

Investment in pulp and paper mill.

Manufacturing
and services

Private

1995

197,117

56,794

56,794

Regional
investment

MBA loan project

Financial support for students undertaking


MBA degrees at top-tier business schools.

Bank lending

Private

1995

1,023

326

245

571

Regional
investment

Advent International

Private equity fund supporting small and


medium-sized Czech enterprises.

Equity funds

Private

1995

4,935

4,935

4,935

Direct
investment

Czech Private Equity Fund

Direct equity and equity-related investments Equity funds


in medium-sized enterprises.

Private

1997

21,711

2,282

2,282

Regional
investment

Environmental Investment
Fund

Support for companies undertaking


environment-related projects in the
infrastructure sector.

Municipal and
environmental
infrastructure

Private

1997

4,400

1,000

1,000

Direct
investment

Winterthur multi-project facility -

Equity investment in Czech composite


insurer.

Insurance and
financial
services

Private

1995

67,566

33,092

33,092

Regional
investment

DBG Osteuropa Holding


GmbH

Private equity fund supporting medium-sized Equity funds


enterprises.

Private

1997

7,120

2,556

2,556

Czech Republic

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Czech Republic

Type of
investment

Project name

Sub project

Description

Direct
investment

Korado

Equity investment in radiator manufacturer. Manufacturing


and services

Private

1997

150,779

29,866

29,866

Regional
investment

Baring Communications

Private equity fund targeting the media and Telecoms,


Private
communications sector.
informatics and
media

1997

11,043

2,478

2,478

Direct
investment

SIS mutual funds

Investment in Sporobond and Sporotrend


mutual funds, targeting domestic retail and
corporate investors.

Private

1997

40,199

9,725

9,725

Regional
investment

Communication and
Information Technology Fund

Private equity fund targeting the media and Telecoms,


Private
communications sector.
informatics and
media

1999

10,536

3,185

3,185

Regional
investment

Advent Central and Eastern


Europe Fund II

Private equity fund supporting small and


medium-sized enterprises in central and
eastern Europe.

Private

1997

5,929

2,326

2,326

Direct
investment

Brno waste-water treatment


plant

Extension and upgrade of the Brno-Modrice Municipal and


waste-water treatment plant.
environmental
infrastructure

Private

1999

82,799

27,500

27,500

Direct
investment

Czech Direct Equity Fund

Direct equity and equity-related investments Equity funds


in medium-sized enterprises.

Private

1998

33,129

8,505

8,505

Regional
investment

Innova/98

Private equity fund supporting small and


medium-sized enterprises.

Equity funds

Private

1998

8,571

1,988

1,988

Regional
investment

AIG New Europe Fund

Private equity fund investing in central and


eastern Europe.

Equity funds

Private

1999

35,059

6,910

6,910

Regional
investment

Central and Eastern Europe


Power Fund

Investment in private sector projects in


power generation, transmission and district
heating.

Power and
energy

Private

1999

4,288

1,307

1,307

Czech Republic

Sector

Insurance and
financial
services

Equity funds

Portfolio
Class

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Czech Republic

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

Emerging Europe Capital


Investors LDC

Direct equity fund investing in central and


eastern Europe.

Equity funds

Private

1999

11,014

3,503

3,503

Direct
investment

Ceska Sporitelna

Equity investment in second-largest Czech


bank.

Bank equity

Private

1998

66,982

66,982

66,982

Regional
investment

Energy Efficiency and


Emissions Reduction Fund

Equity financing for energy efficiency and


emission-reducing projects.

Power and
energy

Private

1999

10,650

3,000

3,000

Direct
investment

Ceskoslovenske Obchodni
Banka (CSOB)

Privatisation of CSOB.

Bank equity

Private

1999

177,015

125,000

125,000

Direct
investment

Uniqa Pojistovna

Equity investment in Czech composite


insurer.

Insurance and
financial
services

Private

1999

2,804

2,804

2,804

Regional
investment

MBA loan project

Financial support for students undertaking


MBA degrees at top-tier business schools.

Bank lending

Private

1998

220

46

46

92

Direct
investment

European Property Group

Commercial property development.

Property and
tourism

Private

1999

133,912

24,705

24,705

Regional
investment

Heitman Central Europe


Property Partners Fund

Property and
Investment in property projects, primarily
office buildings, warehousing/distribution and tourism
retail shopping centres.

Private

2000

33,183

9,152

9,152

Direct
investment

TIW Czech N.V

Equity investment in wireless


telecommunications service provider.

Telecoms,
Private
informatics and
media

2001

294,465

30,373

30,373

Regional
investment

Argus Capital Partners

Private equity fund supporting medium-sized Equity funds


enterprises.

2000

38,931

8,607

8,607

Czech Republic

Private

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Czech Republic

Type of
investment

Project name

Regional
investment

Description

Sector

Portfolio
Class

Accession Mezzanine Capital -

Establishment of first dedicated mezzanine


fund, supporting mature companies.

Equity funds

Private

2002

14,800

6,000

6,000

Regional
investment

EU/EBRD SME Finance


Facility

GIMV Czech and Slovak


SME Fund

Private equity fund supporting small and


medium-sized enterprises.

Equity funds

Private

2000

5,400

450

450

Direct
investment

Harpen district heating

Modernisation of district heating services


and the provision of hot water.

Municipal and
environmental
infrastructure

Private

2000

41,125

16,171

16,171

Regional
investment

Raiffeisen EU Enlargement
Fund

Private equity fund supporting small and


medium-sized enterprises in central and
eastern Europe.

Equity funds

Private

2001

6,831

3,291

3,291

Regional
investment

DVI Inc

Provision of medical equipment for hospitals Insurance and


and diagnostic centres.
financial
services

Private

2001

4,260

1,130

1,130

Direct
investment

EU/EBRD SME Finance


Facility

Ceska Sporitelna

Financing for small and medium-sized


enterprises.

Bank lending

Private

2000

20,000

20,000

20,000

Regional
investment

Innova/3

Private equity fund supporting small and


medium-sized enterprises.

Equity funds

Private

2001

37,665

4,465

4,465

Regional
investment

Private Equity Fund Facility

Trigranit

Equity investment in leading commercial


property developer and operator.

Property and
tourism

Private

2001

2,874

577

577

Regional
investment

Spearhead International

Expansion of food suppliers operations.

Agribusiness

Private

2001

5,489

5,489

5,489

Direct
investment

Soufflet Malting Czech

Improvement of malt and barley production


efficiency.

Agribusiness

Private

2001

29,000

5,000

5,000

10,000

Czech Republic

Sub project

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Czech Republic

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

IKB co-financing risk


participation agreement
(guarantee)

Unfunded risk participation facility for


companies in the Czech Republic.

Bank lending

Private

2001

1,178

1,178

1,178

Direct
investment

Dalkia Usti Nad Labem

Refinancing of existing bonds in combined


heat and power (CHP) plant.

Municipal and
environmental
infrastructure

Private

2001

70,438

19,056

19,056

Direct
investment

Soufflet Malting Czech

Improvement of malt and barley production


efficiency.

Agribusiness

Private

2002

38,365

13,365

13,365

Regional
investment

DBG Osteuropa Holding


GmbH

Private equity fund supporting medium-sized Equity funds


enterprises.

Private

2003

22,440

6,800

6,800

Direct
investment

Genesis Private Equity Fund

Private equity fund supporting small and


medium-sized enterprises.

Equity funds

Private

2003

30,000

6,000

6,000

Direct
investment

EU/EBRD SME Finance


Facility

Raiffeisen

Financing for small and medium-sized


enterprises.

Bank lending

Private

2002

10,000

3,500

3,500

Direct
investment

TES Media

Acquisition of Intercable CZ, the secondlargest Czech cable TV operator, and


development of merged entity.

Telecoms,
Private
informatics and
media

2002

53,106

11,483

11,483

Regional
investment

Heitman Central Europe


Property Partners Fund

Property and
Investment in property projects, primarily
office buildings, warehousing/distribution and tourism
retail shopping centres.

Private

2002

24,799

8,050

8,050

Direct
investment

Siemens SKV

Upgrade of rail car and train manufacturing


plant.

Transport

Private

2003

6,503

6,503

6,503

Regional
investment

Orco Aparthotels

Expansion of extended-stay hotel chain.

Property and
tourism

Private

2003

17,725

1,263

632

1,895

Czech Republic

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Czech Republic

Type of
investment

Project name

Sub project

Description

Regional
investment

Accession Fund

Property investments in the Czech Republic. Property and


tourism

Private

2004

60,000

15,000

15,000

Direct
investment

EU/EBRD SME Finance


Facility

Raiffeisen Leasing

Financing for small and medium-sized


enterprises.

Insurance and
financial
services

Private

2003

5,000

5,000

5,000

Direct
investment

EU/EBRD SME Finance


Facility

Ceska Sporitelna

Financing for small and medium-sized


enterprises.

Bank lending

Private

2003

10,000

10,000

10,000

Regional
investment

EU/EBRD SME Finance


Facility

SG Equipment Finance

Financing for small and medium-sized


enterprises.

Insurance and
financial
services

Private

2003

29,189

29,189

29,189

Direct
investment

Volksbank CZ subordinated
loan

Financing for individuals, small businesses


and municipalities.

Bank lending

Private

2003

10,000

10,000

10,000

Regional
investment

Raiffeisen International

Equity investment supporting growth of


Bank equity
Raiffeisen International's business in Bosnia
and Herzegovina.

Private

2004

6,000

3,000

3,000

Regional
investment

Private Equity Fund Facility

Trigranit

Equity investment in leading commercial


property developer and operator.

Property and
tourism

Private

2004

13,560

240

240

Regional
investment

Polish Enterprise Fund V

Private equity fund investing in enterprises in Equity funds


Czech Republic.

Private

2004

2,790

2,790

2,790

Regional
investment

Advent Central and Eastern


Europe Successor Fund

Private equity fund investing in the Czech


Republic.

Equity funds

Private

2004

33,047

5,000

5,000

Direct
investment

Grandi Stazioni Ceska


Republika

Refurbishment and management of three


railway stations.

Transport

Private

2004

31,300

3,800

3,800

Czech Republic

Sector

Portfolio
Class

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Czech Republic

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Spearhead (Eurofarms)

Expansion of food suppliers operations.

Agribusiness

Private

2003

5,391

5,391

5,391

Regional
investment

Europolis II

Development of commercial property


projects.

Property and
tourism

Private

2004

17,162

1,624

2,165

3,788

Direct
investment

EU/EBRD SME Finance


Facility

Komercni Banka

Financing for small and medium-sized


enterprises.

Bank lending

Private

2004

20,000

20,000

20,000

Direct
investment

Oskar Mobil

Financing of mobile operators GSM


expenditure and upgrade of network
technology.

Telecoms,
Private
informatics and
media

2004

325,000

25,000

25,000

Direct
investment

EU/EBRD SME Finance


Facility

Deutsche Leasing Ceska

Credit line for on-lending to small and


medium-sized businesses.

Insurance and
financial
services

Private

2005

10,583

10,583

10,583

Direct
investment

EU/EBRD Rural Financing


Facility

S Morava Leasing Czech

Credit line for on-lending to small and


medium-sized businesses.

Insurance and
financial
services

Private

2006

5,365

5,365

5,365

Regional
investment

TIW Czech N.V

Equity investment in wireless


telecommunications service provider.

Telecoms,
Private
informatics and
media

2005

11,969

11,969

11,969

Regional
investment

Volia Voda

Equity investment in Volia Voda enabling it Municipal and


to expand in central and eastern Europe,
environmental
Russian and Ukraine.
infrastructure

Private

2007

27,300

27,300

27,300

Regional
investment

Argus Capital Partners II

Private equity fund supporting medium-sized Equity funds


enterprises. Successor to the Argus Capital
Partners fund.

Private

2005

4,000

4,000

4,000

Direct
investment

EU/EBRD Rural Financing


Facility

IMPULS-Leasing-AUSTRIA Credit line for on-lending to small and


medium-sized businesses.

Private

2006

5,303

5,303

5,303

Czech Republic

Insurance and
financial
services

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Czech Republic

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

Emerging Europe
Convergence Fund II

Direct equity fund investing in central and


eastern Europe.

Equity funds

Private

2005

4,200

4,200

4,200

Regional
investment

Volia Transport (formerly


Connex)

Equity funding to expand transport services. Municipal and


environmental
infrastructure

Private

2005

47,048

15,298

15,298

Regional
investment

Capital Media

Long-term financing enabling extension of


operations for TV broadcaster operating in
central and eastern Europe.

Telecoms,
Private
informatics and
media

2006

16,000

8,000

8,000

Regional
investment

EU/EBRD Rural Financing


Facility

Societe Generale Equipment Credit line for on-lending to small and


Finance
medium-sized businesses.

Insurance and
financial
services

Private

2006

9,000

9,000

9,000

Regional
investment

SG AM Eastern Europe

Investment in consumer services and


manufacturing companies.

Equity funds

Private

2005

5,940

3,300

3,300

Regional
investment

Alpha CEE II

Diversified regional private equity fund


dedicated to central and eastern Europe.

Equity funds

Private

2006

5,000

5,000

5,000

Regional
investment

Royalton Partners II

Equity financing for local service providers.

Equity funds

Private

2007

5,000

5,000

5,000

Direct
investment

EU/EBRD Mortgage Finance


Facility

Komercni banka

Credit facility for on-lending as medium to


long-term loans.

Bank lending

Private

2006

10,000

10,000

10,000

Regional
investment

AIG New Europe Fund II

Equity funds
Regional private equity fund investing in
equity and equity securities of companies in
central and south-eastern Europe, subsidiary
of AIG Global Investment Group.

Private

2006

5,000

5,000

5,000

Regional
investment

Syntaxis Mezzanine Fund

Fund with a portfolio of Central European


investments, in various sectors.

Private

2007

2,600

2,500

2,500

Czech Republic

Equity funds

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Czech Republic

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

I Fund

Co-financing for small and medium-sized


enterprises.

Equity funds

Private

1995

2,984

2,984

2,984

Regional
investment

Capital Media

Development and restructuring of TV


broadcasting group.

Telecoms,
Private
informatics and
media

2007

8,000

4,000

4,000

Regional
investment

Advent Central and Eastern


Europe IV

Support investment into central and south- Equity funds


eastern European and Ukrainian companies.

Private

2008

5,000

5,000

5,000

Regional
investment

ViaOne

Equity investment to support the commercial Telecoms,


Private
launch and development of ViaOne Europa informatics and
Holding's software platforms.
media

2008

847

500

500

Direct
investment

Soufflet Malting Czech II

Supporting a malt producer.

Agribusiness

Private

2008

10,000

10,000

10,000

Regional
investment

ARX Private Equity Fund

Support for investment to companies


operating in central and south-eastern
Europe.

Equity funds

Private

2008

6,000

6,000

6,000

Regional
investment

Genesis Private Equity Fund II -

Equity in a fund investing in mid-market


companies in the Czech Republic and
Slovak Republic.

Equity funds

Private

2009

21,000

6,000

6,000

Czech Republic

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Estonia

Type of
investment

Project name

Direct
investment

Description

Sector

Portfolio
Class

Tallinn Water and environment project

Upgrade and expansion of waste-water


treatment plant and development of new
ground water well fields.

Municipal and
environmental
infrastructure

State

1994

74,562

22,723

22,723

Direct
investment

Tallinn Airport rehabilitation

Upgrade and construction of runways and


taxiways.

Transport

State

1994

9,193

7,942

7,942

Regional
investment

First NIS Regional Fund

Equity fund investing in companies in the


New Independent States (NIS).

Equity funds

Private

1994

518

310

310

Direct
investment

Estline Marine Company Ltd

Expansion of Estline ferry service operating Transport


between Tallinn and Stockholm.

Private

1993

39,295

17,551

17,551

Direct
investment

Emergency energy sector


investment

Completion of fuel oil import and storage


facilities, provisions for power stations and
district heating systems.

Power and
energy

State

1992

26,503

24,687

24,687

Direct
investment

Sampo Pank

Financing for small and medium-sized


enterprises.

Bank lending

Private

1994

7,568

3,784

3,784

Regional
investment

Baltic Investment Fund

Private equity fund investing in mediumsized companies.

Equity funds

Private

1995

7,171

2,169

2,169

Direct
investment

Small municipalities
environment project

Improvement of quality and reliability of


water supplies and waste-water treatment
services.

Municipal and
environmental
infrastructure

State

1995

46,025

10,226

10,226

Direct
investment

Hansapank

Medium-term financing for on-lending to


private sector companies.

Bank lending

Private

1994

17,192

2,556

2,556

Direct
investment

Estonian Investment Bank

Medium and long-term financing for small


and medium-sized enterprises and
companies undergoing privatisation.

Bank equity

Private

1994

4,500

1,500

1,500

Estonia

Sub project

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Estonia

Type of
investment

Project name

Sub project

Description

Direct
investment

Eurovision

Design, supply and installation of earth


Telecoms,
State
station linked to the Eurovision Network via informatics and
satellite.
media

1995

598

598

598

Direct
investment

Hansapank

Medium-term financing for on-lending to


private sector companies.

Bank equity

Private

1995

11,455

2,429

1,214

3,643

Direct
investment

Hansapank

Equity investment in commercial bank.

Bank equity

Private

1995

1,889

1,889

1,889

Direct
investment

Eesti Uhispank credit line

Financing for micro and small enterprises.

Bank lending

Private

1995

8,692

8,692

8,692

Direct
investment

Hansapank

Medium-term financing for on-lending to


private sector companies.

Bank lending

Private

1996

294

294

294

Direct
investment

Hansapank housing loan

Credit line providing long-term mortgage


loans.

Bank lending

Private

1996

6,136

6,136

6,136

Direct
investment

Eesti Uhispank credit line

Financing for micro and small enterprises.

Bank lending

Private

1996

6,136

4,346

4,346

Direct
investment

Sampo Pank

Financing for small and medium-sized


enterprises.

Bank lending

Private

1996

6,136

6,136

6,136

Direct
investment

Eesti Maapank

Expansion of business operations and


increased lending to private sector
enterprises.

Bank equity

Private

1997

1,540

1,540

1,540

Direct
investment

Hansapank housing loan

Credit line providing long-term mortgage


loans.

Bank lending

Private

1997

7,669

7,669

7,669

Estonia

Sector

Portfolio
Class

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Estonia

Type of
investment

Project name

Sub project

Description

Regional
investment

Baltic Small Equity Fund

Investment in small companies which are


Equity funds
unable to access early-stage equity capital.

Private

1997

3,004

1,439

1,439

Direct
investment

Eesti Uhispank housing loan

Credit line providing long-term mortgage


loans.

Bank lending

Private

1997

6,136

6,136

6,136

Direct
investment

Eesti Uhispank credit line

Financing for micro and small enterprises.

Bank lending

Private

1997

2,556

2,556

2,556

Direct
investment

Sampo Pank

Financing for small and medium-sized


enterprises.

Bank lending

Private

1997

2,045

2,045

2,045

Direct
investment

Tallinn Airport

Improvement of passenger terminal and


Transport
provision of additional space for commercial
activities.

State

1999

23,094

7,572

7,572

Direct
investment

Hansapank subordinated debt -

Capitalisation of Hansapank, expansion of


business activities and fulfilment of new
national prudential requirements.

Private

1997

7,669

7,669

7,669

Regional
investment

Baring Communications

Private equity fund targeting the media and Telecoms,


Private
communications sector.
informatics and
media

1997

2,209

496

496

Regional
investment

Communication and
Information Technology Fund

Private equity fund targeting the media and Telecoms,


Private
communications sector.
informatics and
media

1999

2,634

796

796

Direct
investment

Imavere sawmill expansion

Purchase and installation of sawmill line, newManufacturing


boiler house and dry kilns.
and services

Private

1997

16,766

7,056

7,056

Direct
investment

Hansapank subordinated debt -

Capitalisation of Hansapank, expansion of


business activities and fulfilment of new
national prudential requirements.

Private

1997

25,513

12,756

12,756

25,513

Estonia

Sector

Bank lending

Bank equity

Portfolio
Class

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Estonia

Type of
investment

Project name

Direct
investment

Description

Sector

Portfolio
Class

Hansapank subordinated debt -

Capitalisation of Hansapank, expansion of


business activities and fulfilment of new
national prudential requirements.

Bank lending

Private

1998

7,669

7,669

7,669

Direct
investment

Eesti Uhispank subordinate


loan

Long-term financing for on-lending to private Bank lending


sector companies.

Private

1998

5,113

5,113

5,113

Regional
investment

Innova/98

Private equity fund supporting small and


medium-sized enterprises.

Equity funds

Private

1998

1,714

398

398

Direct
investment

Eesti Uhispank subordinate


loan

Long-term financing for on-lending to private Bank lending


sector companies.

Private

1998

20,452

16,617

16,617

Direct
investment

AS Norma

Modernisation of car safety belt


manufacturers equipment and technology,
and renovation of production facilities.

Manufacturing
and services

Private

1998

8,101

4,090

4,090

Regional
investment

Emerging Europe Capital


Investors LDC

Direct equity fund investing in central and


eastern Europe.

Equity funds

Private

1999

7,343

2,335

2,335

Direct
investment

Hansapank subordinated debt -

Capitalisation of Hansapank, expansion of


business activities and fulfilment of new
national prudential requirements.

Bank equity

Private

1998

10,205

5,103

5,103

10,205

Direct
investment

Baltex 2000 / Qualitex

Modernisation of woven cotton fabric mill


and construction of knitting mill with
dyeing/finishing line.

Manufacturing
and services

Private

1998

25,278

5,177

1,726

6,902

Direct
investment

Hansapank syndicated loan

Financing for small and medium-sized


Bank lending
enterprises and strengthening of the financia
sector.

Private

1998

76,693

25,564

25,564

Direct
investment

Hansapank syndicated leasing finance facility

Financial support for commercial vehicles,


real estate, industrial equipment, cars and
agricultural machinery.

Private

1999

40,000

13,333

13,333

Estonia

Sub project

Insurance and
financial
services

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Estonia

Type of
investment

Project name

Sub project

Description

Direct
investment

Imavere sawmill expansion

Purchase and installation of sawmill line, newManufacturing


boiler house and dry kilns.
and services

Private

1999

7,383

5,113

5,113

Regional
investment

Baltic Investment Fund

Private equity fund investing in mediumsized companies.

Equity funds

Private

2000

17,985

3,300

3,300

Direct
investment

MSE facility

Hansapank

Financing for micro and small enterprises.

Bank lending

Private

2000

16,935

5,000

5,000

Direct
investment

Baltic Food Holding

Acquisition of new supermarkets, upgrade of Agribusiness


existing stores and expansion of wholesale
operations.

Private

2000

34,902

5,496

5,496

Direct
investment

MSE facility

Eesti Uhispank

Financing for micro and small enterprises.

Private

2000

11,000

3,000

3,000

Regional
investment

DVI Inc

Provision of medical equipment for hospitals Insurance and


and diagnostic centres.
financial
services

Private

2001

2,130

565

565

Regional
investment

EU/EBRD SME Finance


Facility

Baltic SME Fund

Private equity fund supporting small and


medium-sized enterprises.

Equity funds

Private

2001

5,528

990

990

Regional
investment

Kesko Baltics

Expansion of food retailers businesses


Agribusiness
through the acquisition and development of
retail properties.

Private

2001

47,000

5,450

5,450

Direct
investment

EU/EBRD SME Finance


Facility

Sampo Pank

Financing for small and medium-sized


enterprises.

Bank lending

Private

2000

8,000

8,000

8,000

Direct
investment

Tallinn Water privatisation

Financing for post-privatisation investment


programme to facilitate private sector
involvement in water and waste-water
services.

Municipal and
environmental
infrastructure

Private

2002

172,798

54,999

54,999

Estonia

Sector

Bank lending

Portfolio
Class

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Estonia

Type of
investment

Project name

Sub project

Description

Direct
investment

Imavere sawmill expansion

Purchase and installation of sawmill line, newManufacturing


boiler house and dry kilns.
and services

Private

2002

12,300

7,000

7,000

Regional
investment

Fiesta

Expansion of food retailers businesses


Agribusiness
through the acquisition and development of
retail properties.

Private

2001

12,158

6,890

6,890

Regional
investment

Pleskodale

Expansion of food retailers operations.

Agribusiness

Private

2001

5,781

3,751

3,751

Direct
investment

LHV Asset Management

Investment in private pension fund


management company.

Insurance and
financial
services

Private

2002

3,006

1,303

1,303

Regional
investment

Askembla Growth Fund

Private equity fund supporting medium-sized Equity funds


enterprises.

Private

2002

18,180

5,000

5,000

Regional
investment

EU/EBRD SME Finance


Facility

Hansa Capital

Financing for small and medium-sized


enterprises.

Private

2003

10,200

5,100

5,100

Regional
investment

Heitman Central Europe


Property Partners Fund

Property and
Investment in property projects, primarily
office buildings, warehousing/distribution and tourism
retail shopping centres.

Private

2002

3,235

1,050

1,050

Direct
investment

Tallinn Airport

Improvement of passenger terminal and


Transport
provision of additional space for commercial
activities.

State

2002

7,251

7,251

7,251

Regional
investment

Orco Aparthotels

Expansion of extended-stay hotel chain.

Private

2003

16,362

1,166

583

1,749

Regional
investment

International Water United


Utilities

Acquisition of three water utility companies. Municipal and


environmental
infrastructure

Private

2003

30,680

11,180

11,180

Estonia

Sector

Insurance and
financial
services

Property and
tourism

Portfolio
Class

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Estonia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Estonian Cell

Construction and operation of pulp mill.

Manufacturing
and services

Private

2004

155,333

10,667

5,333

5,333

21,333

Regional
investment

Polish Enterprise Fund V

Private equity fund investing in enterprises in Equity funds


Estonia.

Private

2004

1,395

1,395

1,395

Regional
investment

Europolis II

Development of commercial property


projects.

Property and
tourism

Private

2004

10,297

974

1,299

2,273

Direct
investment

Baltex 2000 / Qualitex

Modernisation of woven cotton fabric mill


and construction of knitting mill with
dyeing/finishing line.

Manufacturing
and services

Private

1998

1,800

1,800

1,800

Regional
investment

Argus Capital Partners II

Private equity fund supporting medium-sized Equity funds


enterprises. Successor to the Argus Capital
Partners fund.

Private

2005

200

200

200

Regional
investment

Emerging Europe
Convergence Fund II

Direct equity fund investing in central and


eastern Europe.

Equity funds

Private

2005

3,600

3,600

3,600

Regional
investment

SG AM Eastern Europe

Investment in consumer services and


manufacturing companies.

Equity funds

Private

2005

5,940

3,300

3,300

Regional
investment

Royalton Partners II

Equity financing for local service providers.

Equity funds

Private

2007

2,500

2,500

2,500

Regional
investment

Baltcap Private Equity Fund

Private equity fund investing primarily in


Estonia, Latvia, and Lithuania.

Equity funds

Private

2007

6,000

6,000

6,000

Regional
investment

Post Privatisation Fund

Equity fund supporting financial and


operational restructuring of medium-sized
enterprises.

Equity funds

Private

1996

6,803

6,803

6,803

Estonia

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Estonia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

I Fund

Co-financing for small and medium-sized


enterprises.

Equity funds

Private

1995

746

746

746

Regional
investment

EnerCap

Private equity fund dedicated to investing in Power and


energy
renewable energy and energy efficiency
projects in central and south-eastern
Europe.

Private

2007

10,000

2,500

2,500

Direct
investment

Iberdrola Estonia Wind

Equity investment to support building of a


wind farm.

Power and
energy

Private

2008

3,500

900

900

Direct
investment

FreEnergy Renewable Energy Investment Company

Equity investment to fund the construction


and operation of wind power projects in
Estonia, Latvia and Lithuania.

Power and
energy

Private

2009

28,892

18,858

18,858

Regional
investment

Syntaxis Mezzanine Fund II

Equity in a regional fund which aims to


Equity funds
strengthen corporate governance and build
institutions.

Private

2009

12,500

2,500

2,500

Regional
investment

Resource Eastern European


Equity Partners I

Support for institution building and expansion Equity funds


of private equity, business improvement and
best ethics and governance.

Private

2009

4,200

1,250

1,250

Regional
investment

Heitman Eastern European


Property Fund

An equity investment into Heitman European Property and


Property Partners IV, an investment vehicle tourism
pursuing long-term capital appreciation
through real estate investments.

Private

2009

18,220

3,000

3,000

Regional
investment

Almaz Capital Russia Fund I

The Fund will make equity and equity-related Equity funds


venture capital investments in companies
based in Russia and the CIS.

Private

2009

1,345

416

416

Estonia

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

FYR Macedonia

Type of
investment

Project name

Sub project

Description

Direct
investment

Komercijalna Banka

Bank lending
Trade facility to guarantee Komercijalna
Macedonia Bankas correspondent banks
against non-payment under confirmed letters
of credit.

Private

1994

4,161

4,161

4,161

Direct
investment

Elektrostopanstvo na
Makedonija

Privatisation and restructuring of power


utility.

Power and
energy

State

1993

26,948

17,336

17,336

Direct
investment

Air navigation system upgrade -

Upgrade of existing air navigation system


and establishment of the Skopje Flight
Information Region.

Transport

State

1994

11,826

9,502

9,502

Direct
investment

Macedonian
Telecommunications

Privatisation of Macedonian
Telecommunications and additional
regulatory development.

Telecoms,
State
informatics and
media

1995

56,819

29,424

29,424

Direct
investment

Skopje airport rehabilitation

Upgrade of airport facilities, including


improvement of runway, taxiways and
lighting system.

Transport

State

1995

11,226

9,007

9,007

Direct
investment

Komercijalna Banka

Expansion of financial products available to Bank equity


private sector clients, assisting with
privatisation and restructuring.

Private

1996

7,699

5,133

2,566

7,699

Direct
investment

SME finance facility

Almako Banka

Credit line to assist small and medium-sized Bank lending


enterprises.

Private

1995

3,068

3,068

3,068

Direct
investment

SME finance facility

Export Import Banka

Credit line to assist small and medium-sized Bank lending


enterprises.

Private

1995

3,068

3,068

3,068

Direct
investment

SME finance facility

Makedonska Banka

Credit line to assist small and medium-sized Bank lending


enterprises.

Private

1995

4,699

4,699

4,699

Direct
investment

SME finance facility

Stopanska Banka

Credit line to assist small and medium-sized Bank lending


enterprises.

Private

1995

7,669

7,669

7,669

FYR Macedonia

Sector

Portfolio
Class

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

FYR Macedonia

Type of
investment

Project name

Sub project

Description

Direct
investment

Small Enterprise Assistance


Fund

Equity and quasi-equity investments in small Equity funds


and medium-sized enterprises.

Private

1999

8,948

2,706

2,706

Direct
investment

SME finance facility

Export and Credit Bank

Credit line to assist small and medium-sized Bank lending


enterprises.

Private

1996

1,534

1,534

1,534

Direct
investment

Makstil

Modernisation of steel making and casting


facilities and plate mill.

Manufacturing
and services

Private

1998

48,547

10,403

10,403

Direct
investment

Alkaloid-AD

Upgrade and modernisation of


pharmaceutical production facilities.

Manufacturing
and services

Private

1999

36,384

4,900

4,900

Direct
investment

Export and Credit Bank

Equity investment in Export and Credit Bank. Bank equity

Private

2000

3,063

3,063

3,063

Direct
investment

Municipal and Environmental


Action Programme (MEAP)

Construction, upgrade and extension of


Municipal and
water and waste-water infrastructure in five environmental
utilities.
infrastructure

State

2000

37,531

16,443

16,443

Direct
investment

Emergency GSM extension


and network modernisation

Emergency extension of mobile GSM


network and modernisation of information
system.

Telecoms,
Private
informatics and
media

1999

13,989

13,989

13,989

Direct
investment

Stopanska Banka

Privatisation and restructuring of largest


bank in FYR Macedonia.

Bank equity

Private

1999

78,731

9,189

9,189

Direct
investment

Regional Trade Facilitation


Programme

Komercijalna Banka

Support for foreign trade.

Bank lending

Private

1999

3,730

3,730

3,730

Direct
investment

Thessaloniki-Skopje crude oil


pipeline

Natural
Construction of crude oil pipeline from
Hellenic Petroleums facilities at Thessaloniki Resources
to the Okta refinery at Skopje.

Private

2001

72,821

17,338

17,338

FYR Macedonia

Sector

Portfolio
Class

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

FYR Macedonia

Type of
investment

Project name

Sub project

Description

Sector

Direct
investment

US/EBRD SME Finance


Facility

ProCredit Bank

Establishment of microcredit institution.

Small business Private


finance

2003

12,875

3,750

3,750

7,500

Direct
investment

Regional Trade Facilitation


Programme

Tutunska Banka

Support for foreign trade.

Bank lending

Private

2000

8,762

8,762

8,762

Regional
investment

TBIH Financial Services

Expansion of insurance and pension


operations in central and eastern Europe.

Insurance and
financial
services

Private

2000

915

184

367

551

Direct
investment

Regional roads project

Upgrade of high priority roads and


construction of Skopje bypass (phase 2).

Transport

State

2003

147,320

40,000

40,000

Direct
investment

Civil aviation upgrade

Improvement of flight safety, management of Transport


air traffic and operation of second
Macedonian airport.

State

2002

13,293

10,613

10,613

Regional
investment

Black Sea Fund

Equity investment in medium-sized local


enterprises and facilitation of foreign direct
investment in the region.

Equity funds

Private

2002

1,379

420

420

Direct
investment

Elektrostopanstvo na
Makedonija

Construction of transmission line and


upgrade of substations.

Power and
energy

State

2003

46,391

36,771

36,771

Direct
investment

Stopanska Banka

Privatisation and restructuring of largest


bank in FYR Macedonia.

Bank equity

Private

2002

17,066

1,836

1,836

Direct
investment

Elektrostopanstvo na
Makedonija

Purchase of shares in power utility to support Power and


its restructuring and privatisation.
energy

Private

2004

20,250

20,250

20,250

Direct
investment

Prilep Marble Kombinat

Modernisation of marble quarrying and


processing company.

Private

2003

8,000

5,000

5,000

FYR Macedonia

Manufacturing
and services

Portfolio
Class

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

FYR Macedonia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Direct Investment Facility

Kimico Gardine

Expansion of textile company's product


range.

Manufacturing
and services

Private

2003

2,150

2,150

2,150

Direct
investment

Tutunska Banka

Provision of short and medium-term loans to Bank lending


private sector corporate customers.

Private

2004

20,000

7,000

7,000

Direct
investment

Zito Luks

Expansion of baked goods producer.

Agribusiness

Private

2004

8,000

8,000

8,000

Regional
investment

Migros Foodstores Skopje

Expansion of retailers operations in Bulgaria Agribusiness


and FYR Macedonia.

Private

2004

15,501

10,066

10,066

Direct
investment

SME finance facility

Export and Credit Bank

Credit line to assist small and medium-sized Bank lending


enterprises.

Private

2004

5,000

5,000

5,000

Regional
investment

Europolis II

Development of commercial property


projects.

Property and
tourism

Private

2004

17,162

1,624

2,165

3,788

Direct
investment

Mittal Steel Skopje

Energy efficiency investments and working


capital.

Manufacturing
and services

Private

2005

20,357

20,357

20,357

Regional
investment

Argus Capital Partners II

Private equity fund supporting medium-sized Equity funds


enterprises. Successor to the Argus Capital
Partners fund.

Private

2005

200

200

200

Direct
investment

Western Balkans SME Finance Invest Banka


Facility

Credit line for on-lending to small and


medium-sized businesses

Bank lending

Private

2005

4,000

4,000

4,000

Direct
investment

Regional Trade Facilitation


Programme

Support for foreign trade.

Bank lending

Private

2005

275

275

275

FYR Macedonia

Invest Banka

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

FYR Macedonia

Type of
investment

Project name

Regional
investment

European Fund for Southeast Europe

Direct
investment

Teteks Kreditna/Tetovska
Banka

Direct
investment

Teteks Kreditna/Tetovska
Banka

Credit line to for on-lending to small and


medium-sized businesses.

Bank lending

Direct
investment

Western Balkans Local


Enterprise Facility

Vitaminka Prilep

Loan to finance the purchase of packaging


and production lines.

Regional
investment

Balkan Accession Fund

Finance provided to a private equity fund


investing in medium-sized businesses.

Regional
investment

Europolis III

Regional
investment

GS Hotels and Resort (Loan)

Direct
investment

NLB Tutunska Banka

Direct
investment

Regional
investment

FYR Macedonia

Sub project

Description

Sector

Portfolio
Class

Privately managed public/private investment Small business Private


fund which will provide financing for micro, finance
small and medium-sized businesses as well
as housing and rural finance in south-eastern
Europe.
Equity investment to increase capital base of Bank equity
Private
new bank formed by merger of TKB and
TEB.

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

2006

2,000

2,000

2,000

2006

4,000

4,000

4,000

Private

2006

5,500

2,000

2,000

Agribusiness

Private

2007

4,000

4,000

4,000

Equity funds

Private

2006

5,245

1,120

1,120

Equity investment allowing the creation of a Property and


tourism
regional portfolio of property assets in
Bosnia and Herzegovina, Bulgaria, FYR
Macedonia, Montenegro, Romania, Russia,
Serbia and Ukraine.
Loan to leading local hospitality group, basedProperty and
in Dubrovnik.
tourism

Private

2006

7,425

630

945

1,575

Private

2007

10,756

3,236

3,236

Second loan for on-lending to local private


businesses and individuals.

Bank lending

Private

2006

55,000

19,000

19,000

Western Balkans MSME


Framework

Moznosti

Local currency guarantee facility.

Small business Private


finance

2007

3,000

3,000

3,000

New Europe Venture Equity


Fund (NEVEQ)

Equity funds
Private equity fund investing in small and
medium-sized technology enterprises
primarily located in Bulgaria, FYR Macedonia
and Romania.

2007

1,000

1,000

1,000

Private

EBRD Investments 1991-2009

FYR Macedonia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

Pharma Investment

Investment to help develop a regional


pharmaceuticals retail network.

Manufacturing
and services

Private

2008

7,500

7,500

7,500

Direct
investment

Western Balkans Local


Enterprise Facility

Vitalia

Agribusiness
Loan to help Vitalia further expand on the
Macedonian as well as new, regional
markets, develop new branded products and
strengthen its direct distribution network.

Private

2007

1,000

700

700

Direct
investment

ESM II: Distribution Grid


Efficiency Investment

Loan to upgrade the electricity distribution


network.

Private

2008

70,000

35,000

35,000

Regional
investment

GS Hotels and Resorts


(Equity)

Equity investment in local hospitality group. Property and


tourism

Private

2007

10,030

2,510

2,510

Regional
investment

ViaOne

Equity investment to support the commercial Telecoms,


Private
launch and development of ViaOne Europa informatics and
Holding's software platforms.
media

2008

1,694

1,000

1,000

Regional
investment

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

200

200

Direct
investment

Western Balkans Local


Enterprise Facility

Tikves

Investment to support FYR Macedonian wine Agribusiness


producer.

Private

2008

8,499

2,433

4,866

7,299

Direct
investment

Regional and Local Roads


Programme

Maintenance and upgrading of regional and Transport


local roads.

State

2009

132,900

50,000

50,000

Regional
investment

European Fund for SouthEast Europe II

Support to financial institutions for on-lending Small business Private


to MSMEs, as well as for housing and rural finance
finance.

2009

11,550

1,650

1,650

Direct
investment

Local Enterprise Facility

Loan to Zdravje Radovo, to finance the dairy Agribusiness


companys expansion and diversify
production.

2009

1,000

1,000

1,000

FYR Macedonia

Zdravje

Power and
energy

Private

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

FYR Macedonia

Type of
investment

Project name

Sub project

Description

Direct
investment

Ohridska Banka

Increasing the availability of financing to the Bank lending


real sector with a credit line for on-lending to
SMEs.

Private

2009

5,000

5,000

5,000

Regional
investment

Southeast Europe Energy


Efficiency Fund (SE4F)

Financing for energy efficiency projects


through local financial institutions.

Private

2009

9,488

2,500

2,500

FYR Macedonia

Sector

Insurance and
financial
services

Portfolio
Class

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Georgia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

First NIS Regional Fund

Equity fund investing in companies in the


New Independent States (NIS).

Equity funds

Private

1994

518

310

310

Direct
investment

Power rehabilitation

Rehabilitation of Gardabani thermal power


station and Rioni hydro power station.

Power and
energy

State

1994

16,466

12,549

12,549

Direct
investment

Tbilisi Airport refurbishment

Improvement of air-passenger handling


operations and modernisation of facilities.

Transport

State

1995

9,016

7,629

7,629

Direct
investment

Absolute Bank

Provision of medium-term credit resources


to private sector enterprises in Georgia.

Bank equity

Private

1997

1,361

908

454

1,361

Direct
investment

IBSB Georgia

Start-up capital for commercial bank.

Bank equity

Private

1996

3,574

523

523

Direct
investment

Borjomi

Restructuring and revitalisation of mineral


water industry in Borjomi and glass bottle
production industry in Khashuri.

Agribusiness

Private

1997

19,630

4,623

2,312

6,935

Direct
investment

SME finance facility

TBC Bank

Credit line to assist small and medium-sized Bank lending


enterprises.

Private

1996

1,857

1,857

1,857

Direct
investment

SME finance facility

TbilComBank

Credit line to assist small and medium-sized Bank lending


enterprises.

Private

1996

1,689

1,689

1,689

Direct
investment

SME finance facility

TbilcreditBank

Credit line to assist small and medium-sized Bank lending


enterprises.

Private

1996

2,081

2,081

2,081

Direct
investment

SME finance facility

Tbiluniversalbank

Credit line to assist small and medium-sized Bank lending


enterprises.

Private

1997

694

694

694

Georgia

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Georgia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Enguri hydro power plant


upgrade

Improvement of worlds largest arch dam.

Power and
energy

State

1998

62,993

33,809

33,809

Direct
investment

United Georgian Bank

Equity investment and credit line to assist


small and medium-sized enterprises.

Bank equity

Private

1997

5,399

1,800

1,800

1,800

5,399

Direct
investment

Bank of Georgia

Equity investment in second-largest bank in Bank equity


Georgia.

Private

1998

6,296

4,197

2,099

6,296

Direct
investment

Trans-Caucasian rail link

Improvement of main international transit


route from Baku to the Georgian ports.

Transport

State

1998

24,021

13,860

13,860

Direct
investment

Ksani glass packaging factory -

Privatisation of glass packaging factory.

Manufacturing
and services

Private

1999

15,096

2,244

2,244

Direct
investment

Regional Trade Facilitation


Programme

TBC Bank

Support for foreign trade.

Bank lending

Private

1998

1,387

1,387

1,387

Direct
investment

SME finance facility

Intellectbank

Credit line to assist small and medium-sized Bank lending


enterprises.

Private

1997

1,274

1,274

1,274

Direct
investment

AES Telasi

Post-privatisation modernisation of electricity Power and


distribution network.
energy

Private

1999

140,855

20,806

20,806

Direct
investment

Georgian Wines

Upgrade of winery equipment and facilities. Agribusiness

Private

1999

3,468

3,468

3,468

Regional
investment

Frontera Resources

Commercial development of Kursangi and


Karabagli oilfields in Azerbaijan.

Private

2000

197,972

9,016

9,016

Georgia

Natural
Resources

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Georgia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Regional Trade Facilitation


Programme

Bank of Georgia

Support for foreign trade.

Bank lending

Private

1999

6,523

3,261

3,261

6,523

Direct
investment

Regional Trade Facilitation


Programme

TBC Bank

Support for foreign trade.

Bank lending

Private

1999

4,831

2,415

2,415

4,831

Regional
investment

NIS restructuring facility

Restructuring and expansion of investments Equity funds


in the New Independent States (NIS).

Private

2000

1,095

228

228

Direct
investment

ProCredit Bank Georgia

Financing for micro and small enterprises.

Small business Private


finance

2000

8,467

954

3,816

4,770

Direct
investment

JSC Channel Energy Poti Port -

Construction and operation of new oil


terminal.

Transport

Private

2002

24,273

8,045

8,045

Regional
investment

Baring Vostok Private Equity


Fund

Direct equity investment in medium-sized


companies.

Equity funds

Private

2000

3,860

1,832

1,832

Direct
investment

ProCredit Bank Georgia

Financing for micro and small enterprises.

Small business Private


finance

2001

10,403

4,161

4,161

Regional
investment

Baku-Tbilisi-Ceyhan pipeline

Construction of oil pipeline from Azerbaijan


to Turkey.

Natural
Resources

Private

2004

1,799,362

43,346

43,346

Direct
investment

Tbiluniversalbank

Convertible loan to assist micro and small


enterprises.

Bank equity

Private

2003

1,590

1,060

530

1,590

Regional
investment

SOCAR

South Caucasus Gas


Pipeline

Financing for 690 km gas pipeline from the Natural


Shah Deniz field in Azerbaijan to the Turkish-Resources
Georgian border.

State

2004

35,362

6,263

6,263

Georgia

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Georgia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Direct Investment Facility

Iberia Refreshments

Establishment of Pepsi franchise, including


repair of production facilities.

Agribusiness

Private

2003

3,092

897

1,345

2,241

Direct
investment

Bank of Georgia

Credit line to assist small and medium-sized Bank lending


enterprises.

Private

2003

2,774

925

925

Direct
investment

Direct Investment Facility

Teliani Valley

Equity investment in wine producer.

Agribusiness

Private

2004

969

969

969

Direct
investment

SME finance facility

TBC Bank

Credit line to assist small and medium-sized Bank lending


enterprises.

Private

2003

4,161

4,161

4,161

Direct
investment

Direct Investment Facility

Delidor

Financing the production of frozen fruits and Agribusiness


vegetables.

Private

2005

1,186

711

474

1,186

Direct
investment

United Georgian Bank Capital Increase

Equity investment to improve


Bank equity
competitiveness and promote on-lending to
local businesses.

Private

2006

7,789

1,756

1,756

Direct
investment

VTB Bank Georgia

Credit line for on-lending to small and


medium-sized businesses.

Small business Private


finance

2006

6,935

6,935

6,935

Direct
investment

Georgian Wines and Spirits


Ltd.

Strengthening of the companys position in


regional markets.

Agribusiness

Private

2005

7,143

5,756

5,756

Direct
investment

TBC Leasing

Senior loan to one of Georgias first leasing Insurance and


companies
financial
services

Private

2005

2,081

2,081

2,081

Direct
investment

Poti Water Supply

Upgrading of facilities to improve water


supply.

State

2006

12,257

2,500

2,500

Georgia

Municipal and
environmental
infrastructure

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Georgia

Type of
investment

Project name

Direct
investment

Description

Sector

Portfolio
Class

Tbilisi Public Transport Project -

Financing of municipal bus network,


including repair facilities and developing a
regulatory framework.

Municipal and
environmental
infrastructure

State

2005

4,067

2,987

2,987

Regional
investment

Lukoil Overseas

South Caucasus Gas


Pipeline

Completion of pipeline in Azerbaijan and


Georgia

Natural
Resources

Private

2005

31,750

20,390

20,390

Direct
investment

Medium-sized Loan Cofinancing Facility

Bank of Georgia

Credit line.

Bank lending

Private

2005

3,468

3,468

3,468

Direct
investment

Medium-sized Loan Cofinancing Facility

TBC Bank

Credit line.

Bank lending

Private

2005

3,468

3,468

3,468

Direct
investment

TBC Bank

Credit line enabling the bank to increase


medium-term lending to SME sector.

Bank lending

Private

2005

6,935

3,468

3,468

Direct
investment

Medium-sized Loan Cofinancing Facility

Lomisi Ltd

Sub-loan to local brewery through TBC


Bank.

Agribusiness

Private

2005

4,855

2,427

2,427

Direct
investment

Regional Trade Facilitation


Programme

Basis Bank

Support for foreign trade.

Bank lending

Private

2007

773

387

387

773

Direct
investment

Tbilisi International Airport

Construction of new facilities and upgrade of Transport


existing equipment to support increasing
usage.

Private

2006

82,461

17,962

17,962

Direct
investment

Direct Investment Facility

Lomisi

Minority equity investment in Georgias


second-largest brewery.

Agribusiness

Private

2005

2,478

2,478

2,478

Direct
investment

Bank of Georgia

Expansion of the banks lending business


and maintenance of regulatory capital
adequacy.

Bank equity

Private

2005

837

837

837

Georgia

Sub project

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Georgia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

TBC Bank

Syndicated loan to TBC Bank.

Bank lending

Private

2005

14,564

4,855

4,855

Direct
investment

ProCredit Bank Georgia

Syndicated loan to ProCredit Georgia for on- Small business Private


lending to micro and small-sized enterprises. finance

2007

10,403

5,548

5,548

Direct
investment

Kutaisi Water

Upgrading of facilities to improve water


supply.

State

2006

11,922

3,000

3,000

Direct
investment

Medium-sized Loan Cofinancing Facility

Nola Ltd

Sub-loan to a construction company through Property and


TBC Bank.
tourism

Private

2005

1,040

1,040

1,040

Direct
investment

Bank Republic

Credit line for on-lending to local micro and


small businesses.

Small business Private


finance

2006

2,081

2,081

2,081

Direct
investment

ETC Non-bank MFI


Framework II

Constanta

Credit line to increase financing available to Small business Private


the smallest enterprises through on-lending. finance

2006

2,427

2,081

2,081

Direct
investment

ETC Non-bank MFI


Framework II

WV Credo

Small business Private


Investment to increase financing for micro
and small enterprises in the Early Transition finance
Countries and to assist the non-bank
microfinance institutions.

2008

1,040

1,040

1,040

Direct
investment

TBC Leasing

Equity investment in leading leasing


Insurance and
company to support growth of its operations. financial
services

Private

2006

97

97

97

Direct
investment

Regional Trade Facilitation


Programme

Cartu Bank

Support for foreign trade.

Bank lending

Private

2006

1,546

1,546

1,546

Regional
investment

BSR Europe Co-Investment


Facility

Equity investment in a company developing Property and


office, retail, residential and industrial real
tourism
estate in Georgia.

Private

2006

20,000

7,000

7,000

Georgia

Municipal and
environmental
infrastructure

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Georgia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Direct Investment Facility

Imedi L

Investment in one of Georgias largest


insurance providers.

Insurance and
financial
services

Private

2006

1,154

1,154

1,154

Direct
investment

Bank Republic Equity

Equity investment to increase the banks


lending capacity and promote growth.

Bank equity

Private

2006

22,300

5,918

5,918

Direct
investment

TBC Bank

Credit facility for on-lending as long-term


mortgage loans.

Bank lending

Private

2006

10,403

10,403

10,403

Direct
investment

Georgian Property Fund

Equity investment in georgian real estate


investment vehicle.

Property and
tourism

Private

2007

100,423

10,819

10,819

Direct
investment

Bank Republic

Credit facility for on-lending as long-term


loans.

Bank lending

Private

2006

5,548

5,548

5,548

Direct
investment

Medium-sized Loan CoFinancing Facility

BoG Iberia Refreshments

Sub-loan to a Pepsi franchise through Bank Agribusiness


of Georgia.

Private

2006

2,244

2,244

2,244

Direct
investment

Georgian Property Debt


Framework

Green Building

Conversion of an historic building in Tbilisi


for office uses.

Property and
tourism

Private

2007

3,845

2,307

2,307

Direct
investment

Georgian Financial Sector


Framework

Basis Bank

Loan for on-lending to micro, small and


medium-sized enterprises.

Small business Private


finance

2007

4,161

4,161

4,161

Direct
investment

Direct Investment Facility

Georgian Hazelnut
Production Ltd.

Investment in new start-up company to


finance purchase of raw materials.

Agribusiness

Private

2006

2,638

372

186

558

Direct
investment

Direct Lending Facility

BTM Tekstil

Finance provided for establishment of


garment manufacturing facility.

Manufacturing
and services

Private

2006

4,552

1,740

1,740

Georgia

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Georgia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

Brasseries International
Holdings

Reconstruction and development of


breweries across the Caucasus.

Agribusiness

Private

2006

4,434

2,217

2,217

4,434

Direct
investment

Medium-sized Loan Cofinancing Facility

Bank of Georgia/Lopota

Sub-loans to small hydropower plant for


renewable energy programmes.

Power and
energy

Private

2006

334

114

114

Direct
investment

Medium-sized Loan Cofinancing Facility

Bank of Georgia/Okami

Sub-loans to small hydropower plant for


renewable energy programmes.

Power and
energy

Private

2006

225

71

71

Direct
investment

Direct Lending Facility

Georgian Hazelnut
Production Ltd

Finance provided to a new start-up company Agribusiness


for purchase of raw materials.

Private

2006

2,500

2,500

2,500

Direct
investment

Batumi Public Transport

Support for modernisation of urban


transport.

Municipal and
environmental
infrastructure

State

2008

2,500

2,500

2,500

Direct
investment

Kobuleti Water

Support for rehabilitation and enhancement Municipal and


of the water and wastewater networks.
environmental
infrastructure

State

2008

12,882

1,500

1,500

Direct
investment

Direct Lending Facility

Lomisi

Finance provided to local brewery.

Agribusiness

Private

2006

1,387

1,387

1,387

Direct
investment

Medium-sized Loan Cofinancing Facility

Bank Republic

Construction of a new private hospital for


MediClub Georgia.

Property and
tourism

Private

2007

1,734

1,734

1,734

Direct
investment

Medium-sized Loan Cofinancing Facility

TBC Bank

Finance for new can filling line and working Agribusiness


capital expansion at a Coca Cola plant.

Private

2007

4,161

4,161

4,161

Direct
investment

Borjomi Water

Support for upgrading and enhancement of Municipal and


the water and wastewater networks.
environmental
infrastructure

State

2008

6,461

1,500

1,500

Georgia

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Georgia

Type of
investment

Project name

Sub project

Description

Sector

Direct
investment

Georgian Financial Sector


Framework

Bank Republic

Loan for on-lending to micro and small


enterprises.

Small business Private


finance

2007

8,322

8,322

8,322

Regional
investment

Caucasus Online

Debt and equity investment for construction Telecoms,


Private
of a high capacity sub-sea cable.
informatics and
media

2008

21,222

21,222

21,222

Direct
investment

Medium-sized Loan Cofinancing Facility

TBC Bank

Loan to Embawood to set up a furniture


manufacturing facility.

Manufacturing
and services

Private

2007

694

694

694

Direct
investment

Medium-sized Loan Cofinancing Facility

TBC Bank

Loan to Wissol to expand its network of


petrol stations.

Natural
Resources

Private

2007

4,161

4,161

4,161

Direct
investment

Geo Steel

Investment for construction and operation of Manufacturing


a steel mini-mill.
and services

Private

2008

19,419

9,709

9,709

Direct
investment

Georgian Financial Sector


Framework

Cartu Bank

Loan for on-lending to small and mediumsized enterprises.

Bank lending

Private

2007

4,855

4,855

4,855

Direct
investment

Direct Investment Facility

Alfapet

Investment in a plastics producer.

Manufacturing
and services

Private

2007

82

41

41

82

Direct
investment

Caucasus Energy Efficiency


Programme

Cartu Bank

Credit line for on-lending to energy efficiency Bank lending


projects.

Private

2007

3,468

3,468

3,468

Direct
investment

Caucasus Energy Efficiency


Programme

TBC Bank

Credit line for on-lending to energy efficiency Bank lending


projects.

Private

2007

6,935

3,468

3,468

Direct
investment

Caucasus Energy Efficiency


Programme

Bank Republic

Investment for on-lending to private sector


industrial entities to finance projects aimed
to improve their energy use.

Private

2008

3,468

3,468

3,468

Georgia

Bank lending

Portfolio
Class

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Georgia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Medium-sized Loan Cofinancing Facility

TBC Bank

Refinancing of existing loan to


Tsiskvilkombinati.

Agribusiness

Private

2007

1,734

1,734

1,734

Direct
investment

Georgian Property Debt


Framework

Tbilisi Central Train Station

Loan to finance the refurbishment of Tbilisi's Property and


central train station.
tourism

Private

2007

11,789

5,895

5,895

Direct
investment

Medium-sized Loan Cofinancing Facility

TBC Bank

Loan to assist in the expansion of Goodwill


hypermarket network.

Agribusiness

Private

2007

5,201

5,201

5,201

Direct
investment

Bank Republic Mortgage Loan II

Credit line to support mortgage lending to


individuals.

Bank lending

Private

2008

13,870

9,709

9,709

Direct
investment

Georgian Financial Sector


Framework

TBC Bank

Second loan for on-lending as mortgages.

Bank lending

Private

2007

8,322

8,322

8,322

Direct
investment

Medium-sized Loan Cofinancing Facility

Bank Republic

Working capital finance for Begi flour mill.

Agribusiness

Private

2007

659

659

659

Direct
investment

Medium-sized Loan Cofinancing Facility

TBC Bank

Second working capital loan for


Tsiskvilkombinati flour mill.

Agribusiness

Private

2007

8,496

3,468

3,468

Direct
investment

Medium-sized Loan Cofinancing Facility

Bank Republic

Second capital increase in Begi flour mill.

Agribusiness

Private

2007

4,092

4,092

4,092

Direct
investment

Medium-sized Loan Cofinancing Facility

TBC Bank

Investment in Tegeta Motors.

Manufacturing
and services

Private

2008

4,681

4,681

4,681

Regional
investment

Aureos Central Asia Fund

Equity investment to support medium-sized Equity funds


enterprises in Azerbaijan, Central Asia and
Georgia.

Private

2008

567

567

567

Georgia

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Georgia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Bank Republic

Equity investment to support projected


growth of the bank.

Bank equity

Private

2008

1,599

983

983

Direct
investment

Georgian Financial Sector


Framework

Basis Bank

Equity investment to support growth of a


private bank.

Bank equity

Private

2008

2,956

2,956

2,956

Direct
investment

Bank Republic

Medium-term funding to a range of financial Bank lending


intermediaries for on-lending to small and
medium-sized enterprises.

Private

2008

3,468

3,468

3,468

Direct
investment

Bank Republic

Loan to further develop and expand lending Small business Private


activities to private sector entrepreneurs,
finance
particularly outside the capital.

2008

13,871

6,935

6,935

Direct
investment

Medium-sized Loan Cofinancing Facility

Bank Republic

Investment to provide larger loans to


Georgian private companies.

Bank lending

Private

2008

6,935

6,935

6,935

Direct
investment

TBC Bank

Loan for on-lending to small and mediumsized enterprises.

Bank lending

Private

2008

10,403

5,201

5,201

Regional
investment

Caucasus Online

Investment in an internet service provider


and sub-sea cable operator.

Telecoms,
Private
informatics and
media

2009

624

624

624

Direct
investment

Direct Lending Facility

Populi

Support for expansion and distribution


modernisation for a food retailer.

Agribusiness

Private

2008

9,088

6,816

2,272

9,088

Direct
investment

Medium-sized Loan Cofinancing Facility

TBC Bank

Investment in home improvement firm


Jaokeni Company.

Manufacturing
and services

Private

2008

2,254

2,254

2,254

Direct
investment

Bank of Georgia

Various loans to strengthen bank's capital


base and maintain an adequate liquidity
position.

Bank lending

Private

2008

18,062

18,062

18,062

Georgia

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Georgia

Type of
investment

Project name

Sub project

Description

Direct
investment

Bank of Georgia

To facilitate lending to retail clients and small Bank lending


and medium-sized enterprises.

Private

2008

16,614

16,614

16,614

Direct
investment

Medium-sized Loan Cofinancing Facility

Bank Republic

Loan to finance the construction and


refurbishment of an office building.

Property and
tourism

Private

2009

1,040

1,040

1,040

Direct
investment

Bank of Georgia

To facilitate lending to retail clients and small Bank lending


and medium-sized enterprises.

Private

2008

34,676

34,676

34,676

Direct
investment

TBC Bank

Senior loan as part of a financing package to Bank lending


restructure TBC Bank's operations.

Private

2009

41,126

10,195

10,195

Direct
investment

TBC Bank

Equity investment in ordinary shares.

Bank equity

Private

2009

50,680

27,585

27,585

Direct
investment

TBC Bank

Subordinated loan as part of a financing


package to restructure TBC Bank's
operations.

Bank lending

Private

2009

30,515

12,830

12,830

Direct
investment

Cartu Bank SME Loan II

Credit line to Cartu Bank to on-lend to small Bank lending


and medium-sized enterprises.

Private

2009

6,935

3,468

3,468

Direct
investment

Rustavi solid waste


management

Improvement and expansion of solid waste


management services in Rustavi and
Gardabani.

Municipal and
environmental
infrastructure

State

2009

3,994

1,600

1,600

Direct
investment

Direct Lending Facility

Margebeli

Expansion and energy efficiency


improvements to food manufacturing
production facilities.

Agribusiness

Private

2009

4,000

4,000

4,000

Direct
investment

Direct Lending Facility

Marneuli

Investment in a company producing mineral Agribusiness


water, as well as processed fruits and
vegetables.

Private

2009

4,161

4,161

4,161

Georgia

Sector

Portfolio
Class

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Georgia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Medium-sized Loan Cofinancing Facility

Bank Republic

Restructuring of Begi's previous loan.

Agribusiness

Private

2009

5,877

3,918

1,959

5,877

Direct
investment

Direct Lending Facility

Brasseries International
Holdings

Support for Castel to promote the drinks


business in Georgia.

Agribusiness

Private

2009

1,803

1,803

1,803

Direct
investment

ETC Non-bank Microfinance


Institution Framework III

Crystal

Loan to Crystal microfinance organisation for Small business Private


onlending to local SMEs.
finance

2009

694

347

347

Direct
investment

Medium-sized Loan Cofinancing Facility

Bank Republic

Finance for Rusmetali, a metal producer in


Georgia.

Manufacturing
and services

Private

2009

1,734

1,734

1,734

Direct
investment

Medium-sized Loan Cofinancing Facility

TBC Bank - Goodwill

Loan to assist in the expansion of the


Goodwill hypermarket network.

Agribusiness

Private

2009

1,179

589

589

Georgia

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Hungary

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Budapest wholesale market

Construction of cold storage facilities,


handling and service areas.

Agribusiness

State

1994

17,044

4,116

4,116

Direct
investment

Petofi Nyomda

Modernisation of packaging plant.

Manufacturing
and services

Private

1991

5,113

5,113

5,113

Direct
investment

Pannonia

Privatisation of hotel.

Property and
tourism

Private

1993

42,109

6,250

6,250

Direct
investment

Budapest public transport

Replacement of bus fleet, modernisation of


metro line and installation of new parking
equipment.

Municipal and
environmental
infrastructure

State

1993

81,151

41,151

41,151

Direct
investment

EGIS Pharmaceuticals

Partial privatisation of Hungarian


pharmaceutical company.

Manufacturing
and services

Private

1993

37,813

37,813

37,813

Direct
investment

TVK/Columbian Tiszai
Koromgyarto

Manufacturing
Construction and start up of carbon black
plant supplying the European rubber and tyreand services
industry.

Private

1992

38,699

6,242

6,242

Direct
investment

Kner Nyomda

Modernisation and expansion of printer.

Manufacturing
and services

Private

1993

5,497

1,534

1,534

Direct
investment

PCA-Budafok (Kartongyar)

Upgrade of quality and productivity of


recycled paperboard facility.

Manufacturing
and services

Private

1993

11,305

2,774

2,774

Direct
investment

Hungarian Foreign Trade Bank (MKB)

Privatisation of commercial bank.

Bank equity

Private

1994

30,100

17,465

17,465

Direct
investment

Agricultural restructuring
project

Medium to long-term financing for small and Bank lending


medium-sized enterprises in the
agribusiness sector.

Private

1993

5,548

5,548

5,548

Hungary

Budapest Bank

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Hungary

Type of
investment

Project name

Direct
investment

Description

Sector

Portfolio
Class

Hungarian Foreign Trade Bank (MKB)

Issue of bonds in commercial bank.

Bank lending

Private

1993

33,234

7,669

7,669

Direct
investment

Framochem BorsodChem/SNPE

Upgrade and enlargement of chemical plant Manufacturing


and improvement of environmental
and services
performance.

Private

1994

5,143

572

572

Direct
investment

Hungarian
Telecommunications

Improvement of telecommunications in rural Telecoms,


Private
areas.
informatics and
media

1993

241,973

50,880

50,880

Direct
investment

Hungarian
Telecommunications

Improvement of telecommunications in rural Telecoms,


Private
areas.
informatics and
media

1992

209,669

33,600

33,600

Direct
investment

Budapest orbital motorway

Construction of south-western portion of the Transport


orbital motorway.

State

1992

108,800

21,000

21,000

Direct
investment

BorsodChem

Privatisation of manufacturer and processor Manufacturing


of PVC and MDI.
and services

Private

1996

14,765

14,765

14,765

Direct
investment

Central business centre

Construction of business centre in Budapest. Property and


tourism

Private

1994

18,467

2,927

2,927

5,853

Direct
investment

Magyar Hotel

Investment in low budget hotel.

Property and
tourism

Private

1993

1,713

856

856

Direct
investment

Westel Radiotelefon

Expansion of national mobile cellular


telecommunications system.

Telecoms,
Private
informatics and
media

1992

6,935

6,935

6,935

Regional
investment

New Europe East Investment


Fund

Equity fund supporting private companies


and joint ventures.

Equity funds

1993

20,158

4,938

4,938

Hungary

Sub project

Private

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Hungary

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Eurocorp

Equity investment in corporate finance


advisory company, providing additional
capital for its operations.

Bank equity

Private

1993

2,187

100

100

Direct
investment

M1-M15 Motorway (including


guarantee)

Construction of section of motorway from


Gyor to the Austrian border and a section
from the M1 to Bratislava.

Transport

Private

1993

235,752

64,217

3,568

67,785

Regional
investment

Dun and Bradstreet

Development of business information


services in central and eastern Europe.

Insurance and
financial
services

Private

1993

342

342

342

Direct
investment

Goldsun

Expansion and modernisation of fruit and


vegetable freezing and processing
operation.

Agribusiness

Private

1993

4,053

4,053

4,053

Direct
investment

Fusion Investment Company

Development of Burger King franchises in


Hungary.

Property and
tourism

Private

1992

17,867

2,980

2,980

Direct
investment

General Motors

Establishment of engine manufacturing and Manufacturing


car assembly plant.
and services

Private

1992

82,062

30,678

30,678

Direct
investment

Agricultural restructuring
project

Magyar Hitel Bank

Medium to long-term financing for small and Bank lending


medium-sized enterprises in the
agribusiness sector.

Private

1994

9,150

9,150

9,150

Direct
investment

Agricultural restructuring
project

Kereskedelmi es Hitel Bank Medium to long-term financing for small and Bank lending
medium-sized enterprises in the
agribusiness sector.

Private

1993

30,232

30,232

30,232

Direct
investment

Agricultural restructuring
project

OTP Bank

Medium to long-term financing for small and Bank lending


medium-sized enterprises in the
agribusiness sector.

Private

1993

15,503

15,503

15,503

Direct
investment

Budapest Bank

Privatisation of major state-owned bank.

Private

1995

36,644

36,644

36,644

Hungary

Bank equity

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Hungary

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

OTP Bank

Expansion of OTPs lending capabilities.

Bank lending

Private

1994

9,016

9,016

9,016

Direct
investment

MOL Zsana

Construction and operation of underground Natural


natural gas storage facility at depleted Zsana Resources
natural gas field.

Private

1994

58,950

17,338

17,338

Regional
investment

Advent Private Equity Fund


Central Europe

Private equity fund supporting small and


medium-sized enterprises in central and
eastern Europe.

Private

1994

5,647

2,318

2,318

Direct
investment

M5 motorway

Construction, operation and maintenance of Transport


the M5 toll motorway.

Private

1995

309,708

52,321

8,720

61,041

Direct
investment

MAV

Upgrade of freight and passenger rolling


Transport
stock and investments in revenue collection
systems.

State

1998

220,000

40,000

40,000

Direct
investment

Hungarian Capital Fund

Purchase, restructuring, upgrade and sale of Equity funds


Hungarian companies.

Private

1995

19,043

9,443

9,443

Regional
investment

East European Food Fund

Investment fund focusing on food and


beverage sector.

Agribusiness

Private

1995

33,117

7,817

7,817

Direct
investment

Investel

Partial financing for HTCs capital


expenditure programme.

Telecoms,
Private
informatics and
media

1995

649,253

11,096

11,096

Direct
investment

Deltav

Modernisation and development of efficient Telecoms,


Private
telecommunications system.
informatics and
media

1995

131,673

10,404

10,404

20,808

Regional
investment

MBA loan project

Financial support for students undertaking


MBA degrees at top-tier business schools.

1995

1,534

489

367

856

Hungary

Equity funds

Bank lending

Private

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Hungary

Type of
investment

Project name

Sub project

Description

Direct
investment

Budapest Bank

Credit line to assist environment and energy Bank lending


projects.

Private

1996

26,832

9,332

9,332

Direct
investment

Cofinec SA (Kner)

Equity investment in printer of packaging


materials.

Private

1995

10,058

4,200

4,200

Direct
investment

Agricultural restructuring
project

Kereskedelmi es Hitel Bank Medium to long-term financing for small and Bank lending
medium-sized enterprises in the
agribusiness sector.

Private

1996

25,985

25,985

25,985

Direct
investment

Agricultural restructuring
project

Budapest Bank

Medium to long-term financing for small and Bank lending


medium-sized enterprises in the
agribusiness sector.

Private

1995

347

347

347

Direct
investment

Graboplast

Manufacturing
Expansion and restructuring of leading
artificial leather, floor covering and wallpaper and services
manufacturer.

Private

1995

4,944

2,400

2,400

Direct
investment

OTP Bank

Expansion of OTPs lending capabilities.

Bank lending

Private

1996

36,728

36,728

36,728

Direct
investment

Dalkia Prometheus

Investment in energy service companies.

Municipal and
environmental
infrastructure

Private

1995

3,786

3,786

3,786

Regional
investment

Environmental Investment
Fund

Support for companies undertaking


environment-related projects in the
infrastructure sector.

Municipal and
environmental
infrastructure

Private

1997

2,200

500

500

Direct
investment

Hungarian Equity Partners

Mobilisation of private sector funds enabling Equity funds


equity and equity-related investments.

Private

1997

15,610

6,811

6,811

Direct
investment

Szikra Lapnyomda

Improvement of colour printing facilities.

Private

1996

10,948

3,046

3,046

6,091

Hungary

Sector

Manufacturing
and services

Manufacturing
and services

Portfolio
Class

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Hungary

Type of
investment

Project name

Sub project

Description

Direct
investment

Digitel

Modernisation and development of efficient Telecoms,


Private
telecommunications system.
informatics and
media

1996

83,988

7,099

7,099

14,199

Regional
investment

DBG Osteuropa Holding


GmbH

Private equity fund supporting medium-sized Equity funds


enterprises.

Private

1997

7,120

2,556

2,556

Direct
investment

Kereskedelmi es Hitel Bank

Equity investment in commercial bank.

Bank equity

Private

1997

26,242

26,242

26,242

Direct
investment

Winterthur multi-project
facility

Equity investment in insurance and


pension industries.

Insurance and
financial
services

Private

1997

61,719

26,415

26,415

Regional
investment

Baring Communications

Private equity fund targeting the media and Telecoms,


Private
communications sector.
informatics and
media

1997

11,043

2,478

2,478

Regional
investment

Communication and
Information Technology Fund

Private equity fund targeting the media and Telecoms,


Private
communications sector.
informatics and
media

1999

10,536

3,185

3,185

Direct
investment

Raba

Privatisation of automotive manufacturer.

Private

1997

59,772

9,630

9,630

Direct
investment

Hungarian commercial
television

Financing for TV2, one of Hungarys national Telecoms,


Private
television stations.
informatics and
media

1997

46,045

11,179

11,179

Direct
investment

Dalkia Prometheus

Investment in energy service companies.

Municipal and
environmental
infrastructure

Private

1997

28,924

12,899

3,225

16,124

Direct
investment

Parmalat multi-project facility

Equity investment in dairy producer.

Agribusiness

Private

2002

27,692

9,000

9,000

Hungary

Sector

Manufacturing
and services

Portfolio
Class

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Hungary

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

Advent Central and Eastern


Europe Fund II

Private equity fund supporting small and


medium-sized enterprises in central and
eastern Europe.

Equity funds

Private

1997

14,822

5,814

5,814

Direct
investment

Hungarian Foreign Trade Bank (MKB)

Privatisation of commercial bank.

Bank equity

Private

1997

60,729

11,542

11,542

Direct
investment

CGE multi-project facility

Budapest waste-water
service

Improvement of financial and operational


Municipal and
performance and facilitation of private sector environmental
involvement in sewerage services.
infrastructure

Private

1998

37,956

11,469

11,469

Regional
investment

Innova/98

Private equity fund supporting small and


medium-sized enterprises.

Equity funds

Private

1998

8,571

1,988

1,988

Regional
investment

AIG New Europe Fund

Private equity fund investing in central and


eastern Europe.

Equity funds

Private

1999

35,059

6,910

6,910

Regional
investment

Emerging Europe Capital


Investors LDC

Direct equity fund investing in central and


eastern Europe.

Equity funds

Private

1999

18,356

5,838

5,838

Regional
investment

Energy Efficiency and


Emissions Reduction Fund

Equity financing for energy efficiency and


emission-reducing projects.

Power and
energy

Private

1999

10,650

3,000

3,000

Direct
investment

LandG ESCO Hungary

Investment in energy service companies.

Manufacturing
and services

Private

1999

3,582

621

621

1,242

Regional
investment

MBA loan project

Financial support for students undertaking


MBA degrees at top-tier business schools.

Bank lending

Private

1998

331

69

69

138

Direct
investment

Budapest waste-water
services

Partial privatisation of Budapest Municipal


Sewerage Company.

Municipal and
environmental
infrastructure

Private

1998

37,956

11,469

11,469

Hungary

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Hungary

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Honeywell ESCO Hungary

Investment in energy service companies.

Manufacturing
and services

Private

1999

9,030

397

397

Direct
investment

Ozdi Acelmuvek minimill

Construction of new electric arc steelmaking furnace.

Manufacturing
and services

Private

1999

19,901

10,200

10,200

Regional
investment

Viking River Cruises

Expansion of fleet servicing international


tourists in Hungary.

Transport

Private

2001

4,855

4,855

4,855

Regional
investment

Heitman Central Europe


Property Partners Fund

Property and
Investment in property projects, primarily
office buildings, warehousing/distribution and tourism
retail shopping centres.

Private

2000

33,183

9,152

9,152

Direct
investment

Budapest intermodal logistics


centre

Construction of railway line and marshalling Transport


yard to service logistics centre.

State

1999

18,139

4,739

4,739

Direct
investment

OTP Bank

Privatisation of Hungarys largest bank.

Bank equity

Private

1999

21,508

21,508

21,508

Regional
investment

Argus Capital Partners

Private equity fund supporting medium-sized Equity funds


enterprises.

Private

2000

40,111

8,868

8,868

Direct
investment

M1-M15 Motorway (including


guarantee)

Construction of section of motorway from


Gyor to the Austrian border and a section
from the M1 to Bratislava.

Transport

State

1999

204,108

65,128

65,128

Regional
investment

Accession Mezzanine Capital -

Establishment of first dedicated mezzanine


fund, supporting mature companies.

Equity funds

Private

2002

14,800

6,000

6,000

Regional
investment

Private Equity Fund Facility

Equity investment in leading commercial


property developer and operator.

Property and
tourism

Private

1999

32,671

6,803

6,803

Hungary

Trigranit

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Hungary

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

EU/EBRD SME Finance


Facility

Euroventures Danube

Private equity fund supporting small and


medium-sized enterprises.

Equity funds

Private

2001

11,330

1,165

1,165

Regional
investment

Raiffeisen EU Enlargement
Fund

Private equity fund supporting small and


medium-sized enterprises in central and
eastern Europe.

Equity funds

Private

2001

8,539

4,114

4,114

Regional
investment

DVI Inc

Provision of medical equipment for hospitals Insurance and


and diagnostic centres.
financial
services

Private

2001

4,260

1,130

1,130

Regional
investment

Innova/3

Private equity fund supporting small and


medium-sized enterprises.

Equity funds

Private

2001

37,665

4,465

4,465

Regional
investment

Private Equity Fund Facility

Trigranit

Equity investment in leading commercial


property developer and operator.

Property and
tourism

Private

2001

2,874

577

577

Direct
investment

Invitel

Consolidation of VTHs regional operations


into a single nationwide structure.

Telecoms,
Private
informatics and
media

2001

268,178

47,373

47,373

Direct
investment

Tecnicredito Hungary

Syndicated loan to consumer credit company Insurance and


financing the acquisition of automobiles.
financial
services

Private

2001

25,000

10,000

10,000

Direct
investment

EU/EBRD SME Finance


Facility

Volksbank

Financing for small and medium-sized


enterprises.

Private

2001

9,238

9,238

9,238

Direct
investment

M5 motorway - refinancing

Construction, operation and maintenance of Transport


the M5 toll motorway.

Private

2004

221,250

67,500

67,500

Direct
investment

EU/EBRD SME Finance


Facility

Euroleasing

Credit lines for on-lending to small and


medium-sized businesses.

Private

2003

7,537

7,537

7,537

Hungary

Bank lending

Insurance and
financial
services

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Hungary

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

MOL Duna waste-water


treatment plant

Expansion and upgrade of waste-water


treatment facilities at MOL's Duna refinery.

Municipal and
environmental
infrastructure

Private

2003

37,119

12,327

12,327

Regional
investment

DBG Osteuropa Holding


GmbH

Private equity fund supporting medium-sized Equity funds


enterprises.

Private

2003

21,780

6,600

6,600

Regional
investment

Heitman Central Europe


Property Partners Fund

Property and
Investment in property projects, primarily
office buildings, warehousing/distribution and tourism
retail shopping centres.

Private

2002

24,799

8,050

8,050

Regional
investment

Orco Aparthotels

Expansion of extended-stay hotel chain.

Property and
tourism

Private

2003

16,362

1,166

583

1,749

Regional
investment

Accession Fund

Property investments in the Czech Republic. Property and


tourism

Private

2004

60,000

15,000

15,000

Direct
investment

Cora

Expansion of hypermarket operations.

Agribusiness

Private

2003

175,965

41,181

41,181

Direct
investment

MOL environmental loan

Environmental improvements to refineries


and improvement of gas transfer and filling
stations.

Natural
Resources

Private

2003

750,000

150,000

150,000

Direct
investment

EU/EBRD SME Finance


Facility

CIB Leasing

Credit lines for on-lending to small and


medium-sized businesses.

Insurance and
financial
services

Private

2004

10,000

10,000

10,000

Direct
investment

Euroventures Hungary III

Private equity fund supporting small and


medium-sized enterprises.

Equity funds

Private

2003

46,000

15,000

15,000

Direct
investment

Internet Framework

Laserbit

Investment in laser-based transmission


company.

Telecoms,
Private
informatics and
media

2003

5,257

1,666

1,666

Hungary

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Hungary

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

Private Equity Fund Facility

Trigranit

Equity investment in leading commercial


property developer and operator.

Property and
tourism

Private

2004

36,159

639

639

Direct
investment

Dalkia Prometheus

Provision of energy services to private and


municipal clients.

Municipal and
environmental
infrastructure

Private

2003

2,972

572

572

Direct
investment

EU/EBRD SME Finance


Facility

Volksbank

Financing for small and medium-sized


enterprises.

Bank lending

Private

2003

5,000

5,000

5,000

Direct
investment

Volksbank Hungary
subordinated debt

Credit lines to assist small and mediumsized enterprises and local entrepreneurs.

Bank lending

Private

2003

10,000

10,000

10,000

Regional
investment

TUI advance payments

Upgrade and expansion of hotels in


Hungary.

Property and
tourism

Private

2003

2,025

2,025

2,025

Direct
investment

EU/EBRD SME Finance


Facility

Budapest Leasing

Credit lines for on-lending to small and


medium-sized businesses.

Insurance and
financial
services

Private

2003

20,000

20,000

20,000

Regional
investment

Polish Enterprise Fund V

Private equity fund investing in enterprises in Equity funds


Hungary.

Private

2004

1,395

1,395

1,395

Regional
investment

Advent Central and Eastern


Europe Successor Fund

Private equity fund investing in Hungary.

Equity funds

Private

2004

33,047

5,000

5,000

Direct
investment

UNIQA Biztosito RT

Equity investment in insurer.

Insurance and
financial
services

Private

2004

11,012

11,012

11,012

Regional
investment

Southeast Europe Equity Fund II

Private

2005

3,624

3,624

3,624

Hungary

Equity fund investing in private funds in southEquity funds


eastern Europe.

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Hungary

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

M5 motorway Phase II

Completion of remaining 47 km of M5
motorway

Transport

Private

2004

900,000

100,000

100,000

Regional
investment

Europolis II

Development of commercial property


projects.

Property and
tourism

Private

2004

17,162

1,624

2,165

3,788

Direct
investment

EU/EBRD SME Finance


Facility

Merkantil

Credit line for on-lending to small and


medium-sized businesses.

Insurance and
financial
services

Private

2005

2,119

2,119

2,119

Direct
investment

EU/EBRD SME Finance


Facility

FranFinance

Credit lines for on-lending to small and


medium-sized businesses.

Insurance and
financial
services

Private

2004

10,000

10,000

10,000

Direct
investment

EU/EBRD SME Finance


Facility

HVB Leasing

Credit lines for on-lending to small and


medium-sized businesses.

Insurance and
financial
services

Private

2004

10,295

10,295

10,295

Direct
investment

M6 motorway

Financing of the M6 motorway on a design- Transport


build-finance-operate basis (DBFO) under a
public-private partnership scheme.

Private

2005

404,164

25,313

25,313

Direct
investment

Dalkia Prometheus

Additional investment in energy service


company.

Municipal and
environmental
infrastructure

Private

2004

13,179

1,179

1,179

Direct
investment

EU/EBRD SME Finance


Facility

Deutsche Leasing Hungaria Credit line for on-lending to small and


medium-sized businesses.

Insurance and
financial
services

Private

2005

10,055

10,055

10,055

Regional
investment

Volia Voda

Equity investment in Volia Voda enabling it Municipal and


to expand in central and eastern Europe,
environmental
Russian and Ukraine.
infrastructure

Private

2007

8,400

8,400

8,400

Direct
investment

EU/EBRD SME Finance


Facility

Budapest Leasing

Credit line for on-lending to small and


medium-sized businesses.

Private

2005

5,000

5,000

5,000

Hungary

Insurance and
financial
services

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Hungary

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

EU/EBRD SME Finance


Facility

CIB Leasing

Credit line for on-lending to small and


medium-sized businesses.

Insurance and
financial
services

Private

2005

3,000

3,000

3,000

Regional
investment

Argus Capital Partners II

Private equity fund supporting medium-sized Equity funds


enterprises. Successor to the Argus Capital
Partners fund.

Private

2005

4,000

4,000

4,000

Regional
investment

Emerging Europe
Convergence Fund II

Direct equity fund investing in central and


eastern Europe.

Private

2005

3,600

3,600

3,600

Regional
investment

Volia Transport (formerly


Connex)

Equity funding to expand transport services. Municipal and


environmental
infrastructure

Private

2005

47,048

15,298

15,298

Direct
investment

M6 Motorway Refinancing

Loan to finance construction of the M6


motorway.

Transport

Private

2006

482,000

32,000

32,000

Regional
investment

SG AM Eastern Europe

Investment in consumer services and


manufacturing companies.

Equity funds

Private

2005

5,400

3,000

3,000

Regional
investment

GED Eastern Fund II

Private equity fund investing in small and


medium-sized businesses primarily in
Bulgaria, Hungary and Romania.

Equity funds

Private

2006

7,000

2,000

2,000

Regional
investment

Alpha CEE II

Diversified regional private equity fund


dedicated to central and eastern Europe.

Equity funds

Private

2006

7,500

7,500

7,500

Regional
investment

Royalton Partners II

Equity financing for local service providers.

Equity funds

Private

2007

5,000

5,000

5,000

Direct
investment

EU/EBRD Rural Finance


Facility

SG Equipment Finance
Hungary

Funding for leases to farms and small


Insurance and
enterprises for up to 250,000 in rural areas financial
of Hungary.
services

Private

2007

5,000

5,000

5,000

Hungary

Equity funds

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Hungary

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Parmalat

Acquisition of shares in Parmalat.

Agribusiness

Private

2005

1,393

1,393

1,393

Direct
investment

EU/EBRD Rural Financing


Facility

Credit line to Budapest Leasing for onlending to small and medium-sized


businesses in rural areas.

Insurance and
financial
services

Private

2006

5,000

5,000

5,000

Regional
investment

AIG New Europe Fund II

Equity funds
Regional private equity fund investing in
equity and equity securities of companies in
central and south-eastern Europe, subsidiary
of AIG Global Investment Group.

Private

2006

5,000

5,000

5,000

Regional
investment

Syntaxis Mezzanine Fund

Fund with a portfolio of Central European


investments, in various sectors.

Equity funds

Private

2007

2,600

2,500

2,500

Regional
investment

Accession Mezzanine Capital II -

Private equity fund investing in central and


south-eastern European as well as Russia
and Ukraine.

Equity funds

Private

2007

30,000

6,000

6,000

Direct
investment

HospInvest

Capital increase in Hungary's first hospital


management company.

Manufacturing
and services

Private

2007

4,000

4,000

4,000

Direct
investment

Special Restructuring
Programme (SRP)

Ganz Gipgyar Holding

Design, manufacture, sales and installation Equity funds


of engineered products for rail, power and
construction machinery.

Private

1996

4,043

4,043

4,043

Direct
investment

M6-M60 Motorway

Loan for expansion of the Hungarian


motorway network.

Private

2008

966,237

75,000

75,000

Regional
investment

EnerCap

Private equity fund dedicated to investing in Power and


renewable energy and energy efficiency
energy
projects in central and south-eastern
Europe.

Private

2007

10,000

2,500

2,500

Regional
investment

Advent Central and Eastern


Europe IV

Support investment into central and south- Equity funds


eastern European and Ukrainian companies.

Private

2008

5,000

5,000

5,000

Hungary

Transport

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Hungary

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

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

3,000

3,000

3,000

Regional
investment

Aqualia Investment Venture

Equity in a new company that invests in


water concessions and acquires other
privately held water groups.

Municipal and
environmental
infrastructure

Private

2009

16,327

8,000

8,000

Direct
investment

EU/EBRD Municipal Finance


Facility

Raiffeisenbank Hungary

Credit line for on-lending to municipalities for Bank lending


energy efficiency purposes.

Private

2009

25,000

9,000

9,000

Direct
investment

OTP Bank

Loan to support a key bank in response to


the global financial crisis.

Private

2009

200,000

200,000

200,000

Direct
investment

OTP Bank

Support for the currency hedging of a strong Insurance and


bank with a regional presence throughout
financial
central and eastern Europe.
services

Private

2009

38,000

38,000

38,000

Direct
investment

Unicredit Group

Unicredit Bank Hungary

Medium and long-term debt financing in


Bank lending
support of SMEs, lease finance and energy
efficiency projects.

Private

2009

50,000

50,000

50,000

Regional
investment

Resource Eastern European


Equity Partners I

Support for institution building and expansion Equity funds


of private equity, business improvement and
best ethics and governance.

Private

2009

4,200

1,250

1,250

Direct
investment

MOL Hungarian Oil and Gas


Public Ltd

The completion and conversion of a


reservoir into an underground gas storage
facility.

Natural
Resources

Private

2009

200,000

200,000

200,000

Direct
investment

Erste Bank

Credit line for on-lending to small and


medium-sized enterprises.

Bank lending

Private

2009

100,000

50,000

50,000

Regional
investment

Heitman Eastern European


Property Fund

An equity investment into Heitman European Property and


Property Partners IV, an investment vehicle tourism
pursuing long-term capital appreciation
through real estate investments.

Private

2009

18,220

3,000

3,000

Hungary

Bank lending

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee finance
(
( 000)
000)

EBRD Investments 1991-2009

Hungary

Type of
investment

Project name

Sub project

Description

Direct
investment

OTP Bank

The project will enhance the capital of OTP, Bank equity


thereby helping the bank to mitigate the
impact of the recession and strengthen its
market position in the current challenging
environment in Hungary as well as in the

Hungary

Sector

Portfolio
Class

Private

Year of Total project EBRD


loan EBRD equity
signing value
(
( 000)
( 000)
000)
2009

20,000

20,000

EBRD Total EBRD


guarantee finance
(
( 000)
000)
0

20,000

EBRD Investments 1991-2009

Kazakhstan

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Aktau port

Reconstruction of port, modernisation of


equipment and expansion of facilities.

Transport

State

1996

50,614

36,743

36,743

Regional
investment

First NIS Regional Fund

Equity fund investing in companies in the


New Independent States (NIS).

Equity funds

Private

1994

518

310

310

Direct
investment

National Bank of Kazakhstan

Financing for small and medium-sized


enterprises.

Bank lending

Private

1993

33,307

31,226

31,226

Direct
investment

KTZ track maintenance and


commercialisation project

Improvement of track maintenance on


Almaty-Astana line.

Transport

State

1999

63,194

45,079

45,079

Direct
investment

Ispat-Karmet

Improvement of steel mill and coal mines,


Manufacturing
restoring production capacity and improving and services
environmental standards.

Private

1997

271,552

37,532

37,532

Regional
investment

AIG Silk Road Fund

Financing for small and medium-sized


Equity funds
private sector enterprises and joint ventures
operating in Russia and Central Asia.

Private

1997

18,902

3,644

3,644

Direct
investment

Kazkommertsbank (KKB)

Financing for small and medium-sized


enterprises.

Bank lending

Private

1998

27,741

27,741

27,741

Direct
investment

Turan Alem Towers

Construction, letting and management of


office development in Almaty.

Property and
tourism

Private

1999

19,051

6,428

6,428

Direct
investment

Karaganda power

Repair and upgrade of power generation and Power and


heat distribution facilities.
energy

Private

1998

30,862

10,403

10,403

Direct
investment

Kazakhstan Small Business


Programme

Financing for micro and small enterprises.

Small business Private


finance

1998

60,258

60,258

60,258

Kazakhstan

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Kazakhstan

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Regional Trade Facilitation


Programme

Almaty Merchant Bank

Support for foreign trade.

Bank lending

Private

1998

1,387

1,387

1,387

Direct
investment

Kazakhtelecom corporate loan -

Rationalisation of company's financing


structure and development of its
telecommunications network.

Telecoms,
Private
informatics and
media

1999

17,341

17,341

17,341

Direct
investment

KEGOC power transmission


and rehabilitation project

Restructuring of Kazakh power sector,


reduction of transmission losses and
improvement of electricity supply.

Power and
energy

State

1999

177,405

31,209

31,209

Direct
investment

Kazakhstan road sector


development

Upgrade of 245 km section of road between Transport


Almaty and Bishkek and small-scale
improvements to access roads.

State

2000

84,377

18,908

18,908

Direct
investment

Regional Trade Facilitation


Programme

Bank Turan Alem

Support for foreign trade.

Bank lending

Private

1999

10,313

772

772

1,544

Direct
investment

Regional Trade Facilitation


Programme

ATF Bank

Support for foreign trade.

Bank lending

Private

1999

6,965

3,483

3,483

6,965

Direct
investment

Citibank Kazakhstan

Capitalisation of commercial bank and


extension of lending operations.

Bank lending

Private

2000

13,871

13,871

13,871

Direct
investment

Regional Trade Facilitation


Programme

Kazkommertsbank

Support for foreign trade.

Bank lending

Private

2001

45,723

22,862

22,862

45,723

Regional
investment

Baring Vostok Private Equity


Fund

Direct equity investment in medium-sized


companies.

Equity funds

Private

2000

3,860

1,832

1,832

Direct
investment

Bank Turam Alem leasing

Support for leasing facility via local leasing


company.

Insurance and
financial
services

Private

2001

3,468

3,468

3,468

Kazakhstan

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Kazakhstan

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Atyrau Airport

Upgrade of "air-side" facilities and


improvement of airport efficiency and air
transport operations.

Transport

State

2001

20,696

17,291

17,291

Direct
investment

Bank Turan Alem

Expansion of BTAs product range and


lending operations.

Bank equity

Private

2001

16,003

5,600

5,600

Direct
investment

Efes Kazakhstan

Financing for Efes breweries.

Agribusiness

Private

2001

6,589

6,589

6,589

Direct
investment

Road sector restructuring

Upgrade of 900 km section of road between Transport


Atyrau and Aktau.

State

2003

171,471

79,735

79,735

Regional
investment

Efes EBI

Financing for Efes breweries.

Agribusiness

Private

2002

2,568

819

819

Direct
investment

Warehouse Receipts
Programme

Kazkommertsbank

Short-term lending against warehouse


receipts for agribusiness companies,
farmers and traders.

Bank lending

Private

2002

27,945

17,542

17,542

Direct
investment

Kazkommerts Policy

Equity investment in local insurance


company.

Insurance and
financial
services

Private

2003

971

971

971

Direct
investment

Kazkommertsbank syndicated loan

Financing for strong private sector


Bank lending
companies with little access to term funding.

Private

2002

17,338

10,403

10,403

Direct
investment

Warehouse Receipts
Programme

Bank Turan Alem

Short-term lending against warehouse


receipts for agribusiness companies,
farmers and traders.

Bank lending

Private

2002

27,741

17,338

17,338

Direct
investment

Warehouse Receipts
Programme

AMB

Short-term lending against warehouse


receipts for agribusiness companies,
farmers and traders.

Bank lending

Private

2002

1,734

1,734

1,734

Kazakhstan

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Kazakhstan

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Warehouse Receipts
Programme

Halyk Savings Bank

Short-term lending against warehouse


receipts for agribusiness companies,
farmers and traders.

Bank lending

Private

2002

3,468

3,468

3,468

Direct
investment

Agricultural equipment
financing

ATF Bank

Financing for farmers, agribusiness


Agribusiness
companies and traders to purchase or lease
equipment, provided through ATF Bank.

Private

2004

4,161

2,081

2,081

Direct
investment

Bank Turan Alem

Financing for private sector companies.

Bank lending

Private

2003

20,806

6,935

6,935

Direct
investment

Warehouse Receipts
Programme

Temirbank

Short-term lending against warehouse


receipts for agribusiness companies,
farmers and traders.

Bank lending

Private

2002

2,081

2,081

2,081

Direct
investment

BTA Ipoteka mortgage loan

Credit line providing long-term mortgage


loans.

Insurance and
financial
services

Private

2003

3,468

3,468

3,468

Direct
investment

KEGOC north-south power


transmission

Construction of 270 km YukGres-Shu


section of electricity transmission line.

Power and
energy

State

2004

56,081

24,218

24,218

Direct
investment

Kenkiyak-Atyrau oil pipeline

Refinancing construction of 448 km oil


pipeline connecting oilfields to main export
routes.

Natural
Resources

Private

2004

142,590

56,592

56,592

Direct
investment

Kazakhstan Small Business


Programme

Bank Turan Alem

Financing for micro and small enterprises.

Small business Private


finance

2003

6,935

6,935

6,935

Direct
investment

Kazakhstan Small Business


Programme

Kazkommertsbank

Financing for micro and small enterprises.

Small business Private


finance

2003

6,935

6,935

6,935

Direct
investment

Kazakhtelecom (KTC)

Institutional strengthening, modernisation


and facilitation of KTCs privatisation.

Telecoms,
State
informatics and
media

2003

76,288

41,612

41,612

Kazakhstan

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Kazakhstan

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Kazkommertsbank

Equity investment in Kazakhstan's largest


private bank.

Bank equity

Private

2003

57,167

57,167

57,167

Direct
investment

Warehouse Receipts
Programme

Kazkommertsbank

Short-term lending against warehouse


receipts for agribusiness companies,
farmers and traders.

Bank lending

Private

2003

39,358

27,741

27,741

Direct
investment

Warehouse Receipts
Programme

Kazkommertsbank

Short-term lending against warehouse


receipts for agribusiness companies,
farmers and traders.

Agribusiness

Private

2003

58,950

5,201

5,201

Direct
investment

Warehouse Receipts
Programme

Bank Turan Alem

Short-term lending against warehouse


receipts for agribusiness companies,
farmers and traders.

Bank lending

Private

2003

28,781

17,338

17,338

Direct
investment

Kazakhstan Small Business


Programme

Halyk Savings Bank

Financing for micro and small enterprises.

Small business Private


finance

2003

6,935

6,935

6,935

Direct
investment

Regional Trade Facilitation


Programme

Bank Center Credit

Support for foreign trade.

Bank lending

Private

2003

24,429

12,215

12,215

24,429

Direct
investment

Warehouse Receipts
Programme

Bank Center Credit

Short-term lending against warehouse


receipts for agribusiness companies,
farmers and traders.

Bank lending

Private

2003

2,081

2,081

2,081

Direct
investment

K-Mobile

Loan for network development and


refinancing of short-term loans.

Telecoms,
Private
informatics and
media

2005

90,158

45,079

45,079

Direct
investment

Kazakhstan Small Business


Programme

Bank Turan Alem

Financing for micro and small enterprises.

Small business Private


finance

2003

6,935

6,935

6,935

Direct
investment

Kazakhstan Small Business


Programme

Bank Center Credit

Financing for micro and small enterprises.

Small business Private


finance

2003

6,935

6,935

6,935

Kazakhstan

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Kazakhstan

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Kazakhstan Small Business


Programme

ATF Bank

Financing for micro and small enterprises.

Small business Private


finance

Direct
investment

Bank Center Credit

For on-lending by the bank to individuals for Bank lending


purchase, construction or refurbishment of
their primary residences.

Direct
investment

BTA Ipoteka mortgage loan

Credit line providing long-term mortgage


loans.

Direct
investment

Accumulation Pension Fund

Pre-privatisation equity investment.

Direct
investment

Agricultural equipment
financing

Bank Center Credit

Direct
investment

Agricultural Commodity
Financing Programme

Direct
investment

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

2004

6,935

6,935

6,935

Private

2005

6,935

6,935

6,935

Insurance and
financial
services

Private

2005

3,468

3,468

3,468

Insurance and
financial
services

Private

2005

10,000

5,677

5,677

Agribusiness
Financing for farmers, agribusiness
companies and traders to purchase or lease
equipment, provided through Bank Centre
Credit.

Private

2004

6,430

4,161

4,161

ATF Bank

Commodity financing for small and medium- Bank lending


sized agribusinesses.

Private

2004

4,864

1,396

1,396

Agricultural Commodity
Financing Programme

Bank Caspian

Commodity financing for small and medium- Bank lending


sized agribusinesses.

Private

2004

2,081

2,081

2,081

Direct
investment

Agricultural Commodity
Financing Programme

Bank Center Credit

Commodity financing for small and medium- Bank lending


sized agribusinesses.

Private

2004

4,161

4,161

4,161

Direct
investment

Agricultural Commodity
Financing Programme

Bank Turan Alem

Commodity financing for small and medium- Bank lending


sized agribusinesses.

Private

2004

45,079

27,741

27,741

Regional
investment

Regional Agricultural
Commodity Programme

Commodity financing for small and medium- Agribusiness


sized agribusinesses in Kazakhstan and
Russia.

Private

2004

73,081

25,574

25,574

Kazakhstan

EBRD Investments 1991-2009

Kazakhstan

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Tulpar

Expansion of a residential compound in


southern Kazakhstan.

Property and
tourism

Private

2005

14,564

4,161

4,161

Direct
investment

Soufflet Multi-Project Facility

Altyn Bidai

Investment in barley producer.

Agribusiness

Private

2004

9,987

4,855

4,855

Regional
investment

Baring Vostok Private Equity


Fund III

Private equity fund supporting medium-sized Equity funds


companies in Kazakhstan, Russia and
Ukraine.

Private

2004

70,136

8,932

8,932

Direct
investment

KEGOC: North-south power


transmission

Development of YukGres-Shu power


transmission infrastructure.

Power and
energy

State

2005

165,362

33,756

33,756

Direct
investment

Kazakhstan Small Business


Programme

Bank Center Credit

Financing for micro and small enterprises.

Small business Private


finance

2004

6,935

6,935

6,935

Direct
investment

Central Asia Cement

Expansion and modernisation of the


Karaganda cement plant.

Manufacturing
and services

Private

2005

102,108

29,128

29,128

Direct
investment

Kazkommertsbank capital
increase

Equity investment in bank.

Bank equity

Private

2005

3,871

3,871

3,871

Direct
investment

RG Brands

Investment to help local beverage producer Agribusiness


to build a new production plant in Almaty.

Private

2008

71,780

17,338

17,338

Direct
investment

Warehouse Receipts
Programme

Kazkommertsbank

Short-term lending against warehouse


receipts for agribusiness companies,
farmers and traders.

Bank lending

Private

2005

34,330

21,846

21,846

Direct
investment

Agricultural Commodity
Financing Programme

Bank Center Credit

Financing of agricultural commodities


against warehouse receipts.

Agribusiness

Private

2005

16,541

14,044

14,044

Kazakhstan

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Kazakhstan

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Agricultural Commodity
Financing Programme

ATF Bank

Financing of agricultural commodities


against warehouse receipts.

Agribusiness

Private

2005

7,169

4,672

4,672

Direct
investment

Agricultural Commodity
Financing Programme

Bank Caspian

Financing of agricultural commodities


against warehouse receipts.

Agribusiness

Private

2005

11,305

8,808

8,808

Direct
investment

Savola Kazakhstan

Expansion of crushing and refining facilities Agribusiness


at edible oil producer.

Private

2005

25,661

18,032

18,032

Direct
investment

Bank Caspian

Loan for on-lending to micro, small and


medium-sized enterprises.

Small business Private


finance

2007

40,918

40,918

40,918

Direct
investment

Bericap Kazakhstan

Construction of purpose-built facilities for


company producing plastic lids.

Manufacturing
and services

Private

2006

1,734

1,734

1,734

Direct
investment

Bautino Atash Marine and


Supply Base

Construction of a supply base catering for


offshore oilfield operators.

Natural
Resources

Private

2006

47,791

12,900

12,900

Direct
investment

Kazakhstan Small Business


Programme

Kazakhstan Loan Fund


(KLF)

Credit line for on-lending to micro and small Small business Private
enterprises, focusing on agribusiness loans. finance

2005

3,639

3,639

3,639

Direct
investment

Kazakhstan Small Business


Programme III

Alliance Bank

Credit line for on-lending to micro and small Small business Private
enterprises.
finance

2006

3,468

3,468

3,468

Direct
investment

Warehouse Receipts
Programme

Short-term lending against warehouse


receipts for agribusiness companies,
farmers and traders.

Bank lending

Private

2006

3,468

3,468

3,468

Direct
investment

Alliance Bank

Loan provided for on-lending to local small


and medium-sized businesses.

Bank lending

Private

2006

6,935

6,935

6,935

Kazakhstan

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Kazakhstan

Type of
investment

Project name

Sub project

Description

Direct
investment

Bautino Atash Marine and


Supply Base

Equity investment in supply base catering for Natural


offshore oilfield operators.
Resources

Private

2007

7,926

7,926

7,926

Direct
investment

Steppe Cement

Loan covering expansion and modernisation Manufacturing


of the Karaganda cement plant.
and services

Private

2006

14,863

1,859

1,859

Regional
investment

Clean Globe International Oil


Spill Protection

Natural
Resources

Private

2007

7,505

425

425

Direct
investment

Kazakhstan Kagazy

Establishment of crude oil spill response


centres in key locations in the Banks
countries of operations and provision of
regional training, prevention and remedial
services
Loan to complete the restructuring and
expansion of a paper business.

Manufacturing
and services

Private

2007

33,000

20,000

20,000

Regional
investment

Centras Private Equity Fund

Private equity fund investing in companies


operating in or exporting products or
services from Kazakhstan, Russia and
Central Asia.

Equity funds

Private

2007

7,340

7,340

7,340

Direct
investment

Soufflet Multi-project Facility

Kazakhstan ACL 2007

Financing of barley for malt production.

Agribusiness

Private

2007

12,875

12,875

12,875

Direct
investment

Kazkommertsbank

Equity investment to promote growth of


Kazakhstans largest commercial bank.

Bank equity

Private

2006

89,267

89,267

89,267

Direct
investment

Mittal Steel Temirtau

Loan for improvements to health and safety. Manufacturing


and services

Private

2007

69,353

69,353

69,353

Direct
investment

Derbes Brewery

Loan to improve production, marketing and


distribution activities.

Agribusiness

Private

2007

90,489

28,885

28,885

Direct
investment

KazInvestBank

Support for regional expansion and


development of retail and SME lending
activities.

Bank equity

Private

2007

15,032

15,032

15,032

Kazakhstan

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Kazakhstan

Type of
investment

Project name

Sub project

Description

Direct
investment

Kazkommertsbank

Syndicated loan to diversify lending activities Bank lending


into mortgage financing.

Private

2007

208,059

69,353

69,353

Regional
investment

Baring Vostok Private Equity


Fund IV

Private equity fund investing in middlemarket enterprises.

Equity funds

Private

2007

72,810

2,070

2,070

Direct
investment

Efes Kazakhstan

Local currency loan to finance expansion.

Agribusiness

Private

2007

24,290

24,290

24,290

Direct
investment

Kazakhstan Kagazy Equity


Investment

Finance to complete the restructuring and


expansion of a paper business.

Manufacturing
and services

Private

2007

14,163

3,468

3,468

6,935

Regional
investment

Clean Globe Oil Spill


Investment

Equity investment in oil spill response


centres.

Natural
Resources

Private

2007

2,040

240

240

Direct
investment

Post Privatisation Fund

Equity fund supporting financial and


operational restructuring of medium-sized
enterprises.

Equity funds

Private

1996

24,443

24,443

24,443

Regional
investment

Troika Dialogue

Loan to encourage development of financial Insurance and


financial
intermediation in Russia and the CIS and
services
foster competition on the local capital
markets.

Private

2007

20,632

8,842

8,842

Direct
investment

Pavlodar Energo

Loan to finance refurbishment of energy


Power and
production facilities in northern Kazakhstan. energy

Private

2007

20,806

20,806

20,806

Direct
investment

Kazakhstan Small Business


Programme III

KazMicroFinance

Local currency loan for on-lending to small


businesses.

Small business Private


finance

2007

1,688

1,688

1,688

Regional
investment

Meinl Caucasus and Central


Asia

Finance for the development of high-quality, Property and


international standard retail and mixed-use tourism
properties in Caucasus and Central Asia.

2007

206,223

72,188

72,188

Kazakhstan

Sector

Portfolio
Class

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Kazakhstan

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

Russia Partners III

agribusinesses in Kazakhstan and Russia.

Equity funds

Private

2007

8,160

8,160

8,160

Regional
investment

Baring Vostok Private Equity


Supplemental Fund

Private equity fund investing in Russia,


Kazakhstan and Ukraine.

Equity funds

Private

2007

31,267

3,462

3,462

Regional
investment

Kazakhstan Growth Fund

Equity investments to strengthen private


companies.

Equity funds

Private

2008

25,794

23,583

23,583

Direct
investment

KEGOC Modernisation II

Loan to modernise national transmission


operator.

Power and
energy

State

2008

254,990

127,495

127,495

Direct
investment

Bautino II

Loan for construction of a vessel


maintenance facility.

Natural
Resources

Private

2008

12,033

8,530

8,530

Direct
investment

Almaty Bottlers

Loan to finance the expansion and


modernisation of bottle production facilities
and distribution networks.

Agribusiness

Private

2008

27,741

27,741

27,741

Direct
investment

Bank CenterCredit

Loan to support expansion and development Small business Private


of micro, small and medium-sized
finance
enterprises in Kazakhstan.

2008

34,676

34,676

34,676

Direct
investment

Bank Center Credit Energy


Efficiency Financing Facility

Credit lines to local financial institutions for


on-lending to sustainable energy projects.

Private

2008

6,935

6,935

6,935

Direct
investment

Bank Caspian

Small business Private


Loan for financing of micro, small and
medium-sized enterprises and entrepreneurs finance
across Kazakhstan.

2008

27,741

27,741

27,741

Regional
investment

Aureos Central Asia Fund

Equity investment to support medium-sized Equity funds


enterprises in Azerbaijan, Central Asia and
Georgia.

2008

4,963

4,963

4,963

Kazakhstan

Bank lending

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Kazakhstan

Type of
investment

Project name

Direct
investment

Description

Sector

Portfolio
Class

Efes Kazakhstan Expansion II -

Extension on investment to finance


expansion of a brewing company in
Karaganda and Almaty.

Agribusiness

Private

2008

27,741

11,096

11,096

Direct
investment

Almaty Electrotrans

A loan to upgrade the electric transport


Municipal and
network of trams and trolleybuses in Almaty. environmental
infrastructure

State

2009

6,935

6,935

6,935

Direct
investment

RTSDecaux

Support for the expansion of street furniture Telecoms,


Private
and outdoor advertising operations in
informatics and
media
Astana.

2009

4,855

3,468

3,468

Direct
investment

KTZ Transtelecom
Communication Infrastructure
Modernisation

Loan to upgrade telecommunications


infrastructure.

Transport

State

2008

92,239

38,144

38,144

Regional
investment

Macquarie Renaissance
Infrastructure Fund

Supporting infrastructure projects in


Kazakhstan, Russia and Ukraine.

Transport

Private

2008

95,360

17,338

17,338

Direct
investment

South-West Corridor

Reconstruction of 102 kilometres of road


Transport
between Aktobe and Martuk to the Russian
border.

State

2009

2,999,515

124,835

124,835

Direct
investment

Shymkent Vodokanal

Loan to a private water utility in Shymkent to Municipal and


upgrade the water and wastewater system. environmental
infrastructure

Private

2009

5,548

5,548

5,548

Direct
investment

Unicredit Group

ATF Bank

Loan to Unicredit subsidiaries in support of


energy efficiency projects.

Private

2009

20,806

20,806

20,806

Direct
investment

CAEPCo

Equity for CAEPCo's investment


Power and
programme, including upgrading generation energy
and distribution assets.

Private

2009

271,023

42,756

42,756

Direct
investment

Mid-sized Corporate Support


Facility

Steppe Equity 2

Support for a cement producer.

Private

2009

11,290

666

666

Kazakhstan

Sub project

Bank lending

Manufacturing
and services

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Kazakhstan

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

Soufflet Agriculture

Loan for working capital.

Agribusiness

Private

2009

10,000

10,000

10,000

Direct
investment

Unicredit Group

ATF Bank

Credit line to Unicredit subsidiaries for onlending to micro, small and medium-sized
businesses.

Bank lending

Private

2009

48,547

48,547

48,547

Direct
investment

Mid-Sized Corporate Support


Facility

Almaty Bottlers Extension

Finance to ease liquidity constraings at a


Kazakh bottling plant.

Agribusiness

Private

2009

17,338

17,338

17,338

Direct
investment

Bank CenterCredit

Five-year loan to be used for on-lending to


micro, small and medium-sized enterprises
across Kazakhstan.

Bank lending

Private

2009

34,676

17,338

17,338

Direct
investment

Kazexportastyk

A loan to an integrated agro-industrial


holding, to finance working capital to
maintain and expand a modernisation
programme.

Agribusiness

Private

2009

48,547

13,871

13,871

Direct
investment

Kazakhstan Small Business


Programme III

Kazmicrofinance III

Local currency loan for on-lending to small


businesses.

Small business Private


finance

2009

2,102

1,051

1,051

Kazakhstan

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Kyrgyz Republic

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

First NIS Regional Fund

Equity fund investing in companies in the


New Independent States (NIS).

Equity funds

Private

1994

518

310

310

Direct
investment

Kumtor Gold Company

Expansion of gold mining facilities.

Natural
Resources

Private

1995

302,711

10,026

10,026

20,052

Direct
investment

Kyrgyz Agribusiness Company (KAC)

Supply of farm equipment, storage facilities Agribusiness


and assistance with processing, marketing
and distribution of grain products.

Private

1995

13,716

5,081

5,081

Direct
investment

SME credit line

Financing for small and medium-sized


enterprises.

Bank lending

Private

1995

7,282

7,282

7,282

Direct
investment

Kyrgyz Telecommunications

Modernisation and expansion of national


telecommunications network.

Telecoms,
State
informatics and
media

1994

39,389

6,505

6,505

Direct
investment

Talas transmission network

Improvement of transmission and distribution Power and


network in the Talas region.
energy

State

1995

25,806

25,791

25,791

Direct
investment

Talas transmission network

Improvement of transmission and distribution Power and


network in the Talas region.
energy

State

1997

17,158

16,208

16,208

Direct
investment

Demirbank Kyrgyzstan

Equity investment in Demirbank.

Bank equity

Private

1996

2,252

439

439

Direct
investment

Hotel Kyrgyzstan

Refurbishment of hotel to four-star


international standard.

Property and
tourism

Private

1997

16,298

5,548

5,548

Direct
investment

Kyrgyz Investment and Credit Bank (KICB)

Development of bank specialising in


commercial and project term loans, trade
finance and short-term working capital.

Bank equity

Private

2001

11,417

615

1,231

1,846

Kyrgyz Republic

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Kyrgyz Republic

Type of
investment

Project name

Direct
investment

Description

Sector

Portfolio
Class

Bistyle (formerly New Kadam) -

Financing for footwear manufacturer.

Manufacturing
and services

Private

1998

648

648

648

Direct
investment

SME credit line

Financing for small and medium-sized


enterprises.

Bank lending

Private

1998

104

104

104

Direct
investment

Kyrgyz Agribusiness Company (KAC)

Supply of farm equipment, storage facilities Agribusiness


and assistance with processing, marketing
and distribution of grain products.

State

1999

4,161

4,161

4,161

Direct
investment

Direct Investment Facility

Besser Kyrgyzstan

Establishment of concrete masonry block


and paving stone production plant.

Manufacturing
and services

Private

2001

1,148

624

624

Direct
investment

Regional Trade Facilitation


Programme

Demir Kyrgyz International


Bank

Support for foreign trade.

Bank lending

Private

2000

13

13

13

Direct
investment

Kyrgyz Agribusiness Company (KAC)

Supply of farm equipment, storage facilities Agribusiness


and assistance with processing, marketing
and distribution of grain products.

State

2000

555

555

555

Direct
investment

Direct Investment Facility

Upgrade of hydropower plant.

Private

2001

770

427

427

Direct
investment

Kyrgyz Agribusiness Company (KAC)

Supply of farm equipment, storage facilities Agribusiness


and assistance with processing, marketing
and distribution of grain products.

Private

1995

572

572

572

Direct
investment

Direct Investment Facility

BDC-Vytas

Expansion of dental clinic network,


Manufacturing
acquisition of new premises and purchase of and services
medical equipment.

Private

2001

1,194

651

651

Direct
investment

Direct Investment Facility

Kalipso

Development of water relaxation centre.

Private

2001

1,016

592

592

Kyrgyz Republic

Sub project

Issyk-Ata hydro power


station

Power and
energy

Manufacturing
and services

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Kyrgyz Republic

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Regional Trade Facilitation


Programme

Kyrgyz Investment and


Credit Bank (KICB)

Support for foreign trade.

Bank lending

Private

2001

518

518

518

Direct
investment

Direct Investment Facility

Ala-Archa

Construction of modern residential complex. Property and


tourism

Private

2001

1,418

808

808

Direct
investment

Kyrgyz MSE Finance Facility

Inexim Bank

Financing for micro and small enterprises.

Small business Private


finance

2002

1,248

607

607

Direct
investment

Inexim Bank

Equity investment in Inexim Bank with Temir Bank equity


Bank Kazakhstan.

Private

2003

3,707

986

986

1,973

Direct
investment

Kyrgyz MSE Finance Facility

AKB Kyrgyzstan

Financing for micro and small enterprises.

Small business Private


finance

2003

2,081

832

832

Direct
investment

Interglass

Introduction of production lines for silver


mirror glass and tempered glass.

Manufacturing
and services

Private

2004

13,337

5,500

5,500

Direct
investment

Kyrgyz MSE Finance Facility

Inexim Bank

Credit lines to Inexim Bank for on-lending to Small business Private


micro, small and medium-sized businesses. finance

2004

2,081

936

936

Regional
investment

Centerra Gold (formerly


Kumtor Gold Company)

Equity investment in gold producer.

Natural
Resources

Private

2004

10,170

10,170

10,170

Direct
investment

Kyrgyz MSE Finance Facility

AKB Kyrgystan

Credit lines to AKB Kyrgyzstan for onlending to micro, small and medium-sized
businesses.

Small business Private


finance

2004

3,121

936

936

Direct
investment

Kyrgyz MSE Finance Facility

Inexim Bank

Financing for micro and small enterprises.

Small business Private


finance

2005

2,982

1,543

1,543

Kyrgyz Republic

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Kyrgyz Republic

Type of
investment

Project name

Sub project

Description

Direct
investment

Raduga-II

Expansion of Raduga tourist resort at Issyk- Property and


Kul Lake.
tourism

Private

2005

11,096

4,161

4,161

Direct
investment

Direct Lending Facility

Cotton Corporate Limatex


WC Facility

Working capital facility.

Agribusiness

Private

2005

694

694

694

Direct
investment

Kyrgyz MSE Finance Facility

Kazkommertsbank

Financing for micro and small enterprises.

Small business Private


finance

2005

3,468

1,560

1,560

Direct
investment

Kyrgyz MSE Finance Facility II ECO Bank

Credit lines for on-lending to micro and small Small business Private
businesses.
finance

2006

347

347

347

Direct
investment

Inexim Bank

Equity investment.

Bank equity

Private

2005

1,288

1,288

1,288

Direct
investment

ETC Non-Bank MFI


Framework

Bai Tushum

Financing for micro and small enterprises.

Small business Private


finance

2005

1,387

1,179

1,179

Direct
investment

ETC Non-Bank MFI


Framework

Finca Micro Credit Company Financing for micro and small enterprises.

Small business Private


finance

2005

1,387

1,040

1,040

Direct
investment

OJSC Aiyl Bank

Support for micro, small and medium-sized Small business Private


businesses through on-lending to micro and finance
small businesses, and prepare KAFC for
transformation into a bank.

2006

1,387

1,387

1,387

Direct
investment

ETC Non-bank MFI


Framework II

Kompanion

Credit line for on-lending to micro, small and Small business Private
medium-sized businesses.
finance

2007

694

694

694

Direct
investment

Medium-sized Loan Cofinancing Facility

Abdysh-Ata

Sub-loan to Abdysh-Ata brewery through


Kyrgyz Investment Credit Bank.

2005

900

450

450

Kyrgyz Republic

Sector

Agribusiness

Portfolio
Class

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Kyrgyz Republic

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Direct Lending Facility

Karven Village

Finance for development of cottages and


apartments at lake resort.

Property and
tourism

Private

2006

784

784

784

Direct
investment

Kyrgyz MSE Finance Facility II KICB MSE

Credit lines for on-lending to micro and small Small business Private
businesses.
finance

2006

2,081

2,081

2,081

Direct
investment

Direct Lending Facility

Orion Hotels

Financing construction of an office complex. Property and


tourism

Private

2006

2,774

2,774

2,774

Direct
investment

Direct Investment Facility

Karven Club

Financing construction of resort, consisting


of residences and sports and leisure
facilities.

Private

2006

210

210

210

Direct
investment

ETC Non-bank MFI


Framework II

Bai Tushum

Credit line provided to increase financing to Small business Private


the smallest enterprises through on-lending. finance

2006

694

694

694

Regional
investment

Centras Private Equity Fund

Private equity fund investing in companies


operating in or exporting products or
services from Kazakhstan, Russia and
Central Asia.

Private

2007

629

629

629

Direct
investment

ETC Non-bank MFI


Framework II

Frontiers

Loan to support micro enterprises in Kyrgyz Small business Private


Republic.
finance

2007

694

694

694

Direct
investment

Direct Lending Facility

Karven Four Seasons

Financing construction of resort, consisting


of residences and sports and leisure
facilities.

Property and
tourism

Private

2006

2,635

2,635

2,635

Direct
investment

Medium-sized Loan Cofinancing Facility

Kyrgyz Investment and


Credit Bank

Financing the expansion of the Silk Road


lodge hotel.

Property and
tourism

Private

2007

1,400

700

700

Direct
investment

Kyrgyz Financial Sector


Framework

Kyrgyz Investment and


Credit Bank

Loan to KICB to encourage tourism


opportunities for small businesses.

Bank lending

Private

2007

2,081

2,081

2,081

Kyrgyz Republic

Property and
tourism

Equity funds

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Kyrgyz Republic

Type of
investment

Project name

Direct
investment

Description

Sector

Kyrgyz MSE Finance Facility II Kazkommertsbank

Loan for on-lending to micro, small and


medium-sized enterprises.

Small business Private


finance

2007

2,774

2,774

2,774

Direct
investment

Kyrgyz Financial Sector


Framework

Kyrgyz Investment and


Credit Bank

Loan to KICB for on-lending to residential


mortgage customers.

Bank lending

Private

2007

1,387

1,387

1,387

Direct
investment

ETC Non-bank MFI


Framework II

Investment to increase financing for MSEs in Small business Private


the ETCs and to assist non-bank
finance
microfinance institutions.

2008

1,387

1,387

1,387

Regional
investment

Kazakhstan Growth Fund

Equity investments to strengthen private


companies.

Equity funds

Private

2008

910

832

832

Direct
investment

Direct Investment Facility

Dairy Spring

Portfolio of equity-driven investments in


primarily small and medium-sized private
sector enterprises.

Agribusiness

Private

2008

1,213

935

935

Direct
investment

Direct Lending Facility

Stolichnyi Confectionery

Loans facility for medium to large-sized local Agribusiness


private companies in the Early Transition
Countries.

Private

2008

681

681

681

Direct
investment

Direct Lending Facility

Travertine

Loans facility for medium to large-sized local Manufacturing


private companies in the Early Transition
and services
Countries.

Private

2008

555

555

555

Direct
investment

ETC Non-Bank MFI


Framework II

Kompanion II

Investment to increase financing from micro Small business Private


and small enterprises in the Early Transition finance
Countries and to assist the non-bank
microfinance institutions.

2008

2,081

2,081

2,081

Direct
investment

Osh-Isfana road

Upgrading of part of the OshBatkenIsfana Transport


road in the south-west of the country.

State

2009

49,012

24,274

24,274

Direct
investment

Direct Lending Facility

Bravo

DLF loans under Early Transition Country


Initiative to local quarry and housing
development.

Private

2008

2,289

2,289

2,289

Kyrgyz Republic

Sub project

Property and
tourism

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Kyrgyz Republic

Type of
investment

Project name

Sub project

Description

Direct
investment

Bishkek Water Supply

Loan to Bishkek Water Company to upgrade Municipal and


the city's existing infrastructure.
environmental
infrastructure

State

2009

11,800

5,500

5,500

Regional
investment

Aureos Central Asia Fund

Equity investment to support medium-sized Equity funds


enterprises in Azerbaijan, Central Asia and
Georgia.

Private

2008

567

567

567

Direct
investment

Direct Lending Facility

Elmira

Financing for the construction of a hotel in


Issyk-Kul.

Property and
tourism

Private

2009

832

832

832

Direct
investment

Unicredit Group

ATF Bank

Credit line to Unicredit subsidiaries for onlending to micro, small and medium-sized
businesses.

Small business Private


finance

2009

13,871

6,935

6,935

Direct
investment

Kyrgyz Financial Sector


Framework

Kyrgyz Investment and


Credit Bank

Credit line to finance micro, small and


medium-sized enterprises operating in the
Kyrgyz Republic.

Small business Private


finance

2009

3,468

2,081

2,081

Direct
investment

Kyrgyz Financial Sector


Framework

Demir Kyrgyz International


Bank

Credit line to finance micro, small and


medium-sized enterprises operating in the
Kyrgyz Republic.

Small business Private


finance

2009

2,774

2,774

2,774

Direct
investment

ETC Non-bank Microfinance


Institution Framework III

Frontiers II

Credit line for on-lending to micro and small Small business Private
enterprises.
finance

2009

1,387

694

694

Direct
investment

ETC Non-bank Microfinance


Institution Framework III

FINCA MCC

Loan to FINCA International for on-lending to Small business Private


micro and small businesses.
finance

2009

2,044

1,022

1,022

Direct
investment

Direct Lending Facility

Interglass II

Support for the modernisation of Interglass, Manufacturing


the largest industrial glass manufacturer in and services
Central Asia, with a loan to upgrade the
plants facilities.

Private

2009

10,000

10,000

10,000

Direct
investment

Medium-sized Loan Cofinancing Facility

Demir Kyrgyz International


Bank

Finance for the construction of a shopping


centre.

Private

2009

173

173

173

Kyrgyz Republic

Sector

Agribusiness

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Kyrgyz Republic

Type of
investment

Project name

Sub project

Description

Sector

Direct
investment

ETC Non-bank Microfinance


Institution Framework III

Mol Bulak Finance

Local currency loan for on-lending to small


businesses.

Small business Private


finance

Direct
investment

Direct Lending Facility

Sary Tash

Financing the purchase of stone processing Manufacturing


equipment.
and services

Kyrgyz Republic

Portfolio
Class

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

2009

690

344

344

2009

694

694

694

EBRD Investments 1991-2009

Latvia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

First NIS Regional Fund

Equity fund investing in companies in the


New Independent States (NIS).

Equity funds

Private

1994

518

310

310

Direct
investment

Emergency energy sector


reconstruction

Repair of energy supply infrastructure to


Power and
reduce oil and gas demands and emissions. energy

State

1992

31,104

24,230

24,230

Direct
investment

Investment Bank of Latvia

Equity investment.

Bank equity

Private

1994

7,916

1,402

1,402

Regional
investment

Baltic Investment Fund

Private equity fund investing in mediumsized companies.

Equity funds

Private

1995

5,378

1,627

1,627

Direct
investment

Daugava Riga Radisson Hotel -

Refurbishment and upgrade of hotel to


international four-star standard.

Property and
tourism

Private

1994

29,683

8,322

8,322

Direct
investment

Riga International Airport

Upgrade of existing runway, taxiways and


lighting system.

Transport

State

1993

8,007

7,245

7,245

Direct
investment

Daugava hydro power plant


upgrade

Refurbishment of power plant, including


Power and
upgrade and replacement of equipment and energy
modification of operations.

State

1996

51,269

16,271

16,271

Direct
investment

Riga environment project

Upgrade and expansion of water treatment


plants.

Municipal and
environmental
infrastructure

State

1996

67,108

11,501

11,501

Direct
investment

Road rehabilitation

Upgrade of Latvias main road network.

Transport

State

1994

22,446

6,911

6,911

Direct
investment

Hansabanka

Financing for small and medium-sized


enterprises.

Bank lending

Private

1995

6,644

3,887

3,887

Latvia

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Latvia

Type of
investment

Project name

Sub project

Description

Direct
investment

Eurovision

Design, supply and installation of earth


Telecoms,
State
station linked to the Eurovision Network via informatics and
satellite.
media

1996

618

618

618

Direct
investment

Ventspils port

Construction and operation of terminal


Transport
servicing general cargo traffic from the Baltic
Sea.

State

1998

99,826

24,226

24,226

Regional
investment

MBA loan project

Financial support for students undertaking


MBA degrees at top-tier business schools.

Bank lending

Private

1995

170

54

41

95

Direct
investment

Latvijas Unibanka

Extension of private sector lending activities. Bank lending

Private

1995

7,320

6,588

6,588

Direct
investment

Hansabanka (formerly Latvijas Zemes Banka)

Equity investment strengthening capital and Bank equity


expanding corporate lending.

Private

1996

1,802

1,802

1,802

Direct
investment

Latvijas Unibanka

Privatisation of Latvia's largest commercial


bank.

Bank equity

Private

1996

7,736

7,736

7,736

Direct
investment

Pirma Banka (formerly Rigas


Komercbanka)

Restructuring of banking operations.

Bank equity

Private

1996

4,422

4,422

4,422

Direct
investment

Latvia GSM mobile


telecommunications

Construction and operation of national digital Telecoms,


Private
mobile telecommunications network.
informatics and
media

1997

68,374

7,543

7,543

15,087

Regional
investment

Baltic Small Equity Fund

Investment in small companies which are


Equity funds
unable to access early-stage equity capital.

Private

1997

3,004

1,439

1,439

Direct
investment

Hansabanka

Financing for small and medium-sized


enterprises.

Private

1997

2,774

2,774

2,774

Latvia

Sector

Bank lending

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Latvia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Valdemara Centre

Development of office building.

Property and
tourism

Private

1996

13,589

4,626

4,626

Regional
investment

Baring Communications

Private equity fund targeting the media and Telecoms,


Private
communications sector.
informatics and
media

1997

1,656

372

372

Direct
investment

Saules Banka

Financing for small and medium-sized


enterprises.

Bank lending

Private

1997

3,221

3,221

3,221

Direct
investment

Pirma Banka

Financing for small and medium-sized


enterprises.

Bank lending

Private

1998

6,242

6,242

6,242

Regional
investment

Innova/98

Private equity fund supporting small and


medium-sized enterprises.

Equity funds

Private

1998

1,714

398

398

Regional
investment

Energy Efficiency and


Emissions Reduction Fund

Equity financing for energy efficiency and


emission-reducing projects.

Power and
energy

Private

1999

10,650

3,000

3,000

Direct
investment

Ventspils port

Construction and operation of terminal


Transport
servicing general cargo traffic from the Baltic
Sea.

Private

1999

13,517

3,600

3,600

Regional
investment

MBA loan project

Financial support for students undertaking


MBA degrees at top-tier business schools.

Bank lending

Private

1998

37

15

Direct
investment

Latvijas Unibanka

Extension of private sector lending activities. Bank lending

Private

1999

30,000

10,000

10,000

Direct
investment

Pirma Banka (formerly Rigas


Komercbanka)

Restructuring of banking operations.

Private

1999

74,557

4,479

4,479

Latvia

Bank equity

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Latvia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

Baltic Investment Fund

Private equity fund investing in mediumsized companies.

Equity funds

Private

2000

18,530

3,400

3,400

Direct
investment

EU/EBRD SME Finance


Facility

Latvijas Unibanka

Financing for small and medium-sized


enterprises.

Bank lending

Private

2000

10,000

10,000

10,000

Regional
investment

DVI Inc

Provision of medical equipment for hospitals Insurance and


and diagnostic centres.
financial
services

Private

2001

1,065

282

282

Regional
investment

EU/EBRD SME Finance


Facility

Baltic SME Fund

Private equity fund supporting small and


medium-sized enterprises.

Private

2001

5,528

990

990

Direct
investment

Riga Water Company

Improvement of water supply, installation of Municipal and


water meters and upgrade of treatment
environmental
plants.
infrastructure

State

2000

137,871

18,093

18,093

Direct
investment

Direct Investment Facility

RAF Avia

Construction of new aeroplane maintenance Transport


facility, located in Riga International Airport.

Private

2001

2,385

713

713

Regional
investment

Kesko Baltics

Expansion of food retailers businesses


Agribusiness
through the acquisition and development of
retail properties.

Private

2001

47,000

5,450

5,450

Direct
investment

BALTA Insurance Group

Equity investment in Latvias leading


insurance group.

Insurance and
financial
services

Private

2001

32,381

9,210

9,210

Direct
investment

EU/EBRD SME Finance


Facility

Latvijas Unibanka

Financing for small and medium-sized


enterprises.

Bank lending

Private

2001

10,000

10,000

10,000

Regional
investment

Fiesta

Expansion of food retailers businesses


Agribusiness
through the acquisition and development of
retail properties.

Private

2001

12,158

6,890

6,890

Latvia

Equity funds

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Latvia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

Pleskodale

Expansion of food retailers operations.

Agribusiness

Private

2001

5,781

3,751

3,751

Regional
investment

Danfoss debt facility for


industrial energy projects

Financing for energy efficiency projects in


selected east European breweries.

Manufacturing
and services

Private

2002

327

77

77

Regional
investment

Askembla Growth Fund

Private equity fund supporting medium-sized Equity funds


enterprises.

Private

2002

18,180

5,000

5,000

Direct
investment

EU/EBRD SME Finance


Facility

Unilizings

Financing for small and medium-sized


enterprises.

Insurance and
financial
services

Private

2003

15,000

15,000

15,000

Regional
investment

EU/EBRD SME Finance


Facility

Hansa Capital

Financing for small and medium-sized


enterprises.

Insurance and
financial
services

Private

2003

9,900

4,950

4,950

Direct
investment

EU/EBRD SME Finance


Facility

Rietumu Banka

Financing for small and medium-sized


enterprises.

Bank lending

Private

2002

2,300

2,300

2,300

Regional
investment

Heitman Central Europe


Property Partners Fund

Property and
Investment in property projects, primarily
office buildings, warehousing/distribution and tourism
retail shopping centres.

Private

2002

3,235

1,050

1,050

Regional
investment

Polish Enterprise Fund V

Private equity fund investing in enterprises in Equity funds


Latvia.

Private

2004

930

930

930

Regional
investment

Europolis II

Development of commercial property


projects.

Property and
tourism

Private

2004

10,297

974

1,299

2,273

Regional
investment

Argus Capital Partners II

Private equity fund supporting medium-sized Equity funds


enterprises. Successor to the Argus Capital
Partners fund.

Private

2005

200

200

200

Latvia

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Latvia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

Emerging Europe
Convergence Fund II

Direct equity fund investing in central and


eastern Europe.

Equity funds

Private

2005

3,600

3,600

3,600

Direct
investment

Rietumu Banka

Syndicated credit line for on-lending to small Bank lending


and medium-sized businesses.

Private

2005

60,000

20,000

20,000

Regional
investment

SG AM Eastern Europe

Investment in consumer services and


manufacturing companies.

Equity funds

Private

2005

5,940

3,300

3,300

Regional
investment

Royalton Partners II

Equity financing for local service providers.

Equity funds

Private

2007

2,500

2,500

2,500

Regional
investment

Baltcap Private Equity Fund

Private equity fund investing primarily in


Estonia, Latvia, and Lithuania.

Equity funds

Private

2007

6,000

6,000

6,000

Regional
investment

E-Energia

Municipal and
environmental
infrastructure

Private

2007

1,650

1,650

1,650

Regional
investment

Project Bella

Equity investment in E-energija, which


provides heat and hot water services to both
residential and industrial customers in
Lithuania and Latvia and is considering
expanding its operations into Ukraine.
Sub-project under the private equity coinvestment facility.

Telecoms,
Private
informatics and
media

2007

243,500

5,000

5,000

Regional
investment

Post Privatisation Fund

Equity fund supporting financial and


operational restructuring of medium-sized
enterprises.

Equity funds

Private

1996

9,071

9,071

9,071

Regional
investment

I Fund

Co-financing for small and medium-sized


enterprises.

Equity funds

Private

1995

746

746

746

Direct
investment

E-Energia

Municipal and
Equity investment in E-energija, which
provides heat and hot water services to both environmental
infrastructure
residential and industrial customers in
Lithuania and Latvia and is considering
expanding its operations into Ukraine.

Private

2007

6,000

6,000

6,000

Latvia

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Latvia

Type of
investment

Project name

Sub project

Description

Regional
investment

EnerCap

Private equity fund dedicated to investing in Power and


energy
renewable energy and energy efficiency
projects in central and south-eastern
Europe.

Private

2007

10,000

2,500

2,500

Regional
investment

Syntaxis Mezzanine Fund II

Equity in a regional fund which aims to


Equity funds
strengthen corporate governance and build
institutions.

Private

2009

12,500

2,500

2,500

Direct
investment

Parex Bank

Equity investment to support restructuring of Bank equity


Parex Bank following nationalisation.

Private

2009

81,755

81,755

81,755

Regional
investment

Resource Eastern European


Equity Partners I

Support for institution building and expansion Equity funds


of private equity, business improvement and
best ethics and governance.

Private

2009

4,200

1,250

1,250

Direct
investment

Parex Bank

The investment is seen to be crucial to


Bank equity
increasing confidence in the bank and
thereby in the Latvian financial sector overall.

Private

2009

22,000

22,000

22,000

Regional
investment

Heitman Eastern European


Property Fund

An equity investment into Heitman European Property and


Property Partners IV, an investment vehicle tourism
pursuing long-term capital appreciation
through real estate investments.

Private

2009

18,220

3,000

3,000

Regional
investment

Almaz Capital Russia Fund I

The Fund will make equity and equity-related Equity funds


venture capital investments in companies
based in Russia and the CIS.

Private

2009

1,345

416

416

Regional
investment

Bite Group

Bella

Sub-project under the private equity coinvestment facility.

Telecoms,
Private
informatics and
media

2009

4,020

1,020

1,020

Latvia

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Lithuania

Type of
investment

Project name

Sub project

Description

Direct
investment

Telecom Development
International

Expansion of international gateway, basic


Telecoms,
Private
trunk network and transit switching facilities. informatics and
media

1994

42,872

17,338

17,338

Regional
investment

First NIS Regional Fund

Equity fund investing in companies in the


New Independent States (NIS).

Equity funds

Private

1994

518

310

310

Regional
investment

Baltic Investment Fund

Private equity fund investing in mediumsized companies.

Equity funds

Private

1995

5,378

1,627

1,627

Direct
investment

Lithuanian Development Bank -

Equity investment in bank supporting small


and medium-sized enterprises.

Bank equity

Private

1994

5,000

900

900

Direct
investment

Paroc Silikatas

Purchase and installation of rockwool


insulation production line.

Manufacturing
and services

Private

1995

19,516

5,381

5,381

Direct
investment

Emergency energy sector


reconstruction

Power and
Repair of energy supply infrastructure,
reduction of emissions from power stations energy
and district heating stations and financing for
heavy fuel storage tanks.

State

1992

30,946

30,946

30,946

Direct
investment

Transport project

Improvements to rail, road and ports across Transport


Lithuania.

State

1994

32,249

13,108

13,108

Direct
investment

Kaunas Water and


environment

Improvement of water and waste-water


services and enhancement of operational
and financial performance.

Municipal and
environmental
infrastructure

State

1995

65,798

10,367

10,367

Regional
investment

East European Food Fund

Investment fund focusing on food and


beverage sector.

Agribusiness

Private

1995

4,067

960

960

Direct
investment

Vilniaus Bankas

Equity investment in largest private sector


bank in Lithuania.

Bank equity

Private

1995

2,482

2,482

2,482

Lithuania

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Lithuania

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Vilniaus Bankas

Financing for small and medium-sized


enterprises.

Bank lending

Private

1995

7,488

6,657

6,657

Direct
investment

Lithuanian Development Bank -

Equity investment in bank supporting small


and medium-sized enterprises.

Bank equity

Private

1996

5,800

700

700

Direct
investment

Sampo Bankas

Financing for small and medium-sized


enterprises.

Bank lending

Private

1996

7,028

2,264

2,264

Direct
investment

Vilniaus Bankas

Financing for small and medium-sized


enterprises.

Bank lending

Private

1995

5,271

5,271

5,271

Direct
investment

Via Baltica and Lithuania road project

Investment in various road projects,


strengthening international road links and
reducing delays.

Transport

State

1996

90,889

16,090

16,090

Direct
investment

Regional Trade Facilitation


Programme

Vilniaus Bankas

Support for foreign trade.

Bank lending

Private

1996

5,494

5,494

5,494

Regional
investment

Baltic Small Equity Fund

Investment in small companies which are


Equity funds
unable to access early-stage equity capital.

Private

1997

4,006

1,919

1,919

Direct
investment

Regional Trade Facilitation


Programme

Bankas Hermis

Support for foreign trade.

Private

1996

2,289

2,289

2,289

Regional
investment

Baring Communications

Private equity fund targeting the media and Telecoms,


Private
communications sector.
informatics and
media

1997

1,656

372

372

Direct
investment

Lietuvos Zemes Ukio Bankas

Financing for enterprises in the agricultural


sector.

1998

13,556

11,000

11,000

Lithuania

Bank lending

Bank lending

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Lithuania

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Vilniaus Bankas

Financing for small and medium-sized


enterprises.

Bank lending

Private

1998

9,203

9,203

9,203

Regional
investment

Innova/98

Private equity fund supporting small and


medium-sized enterprises.

Equity funds

Private

1998

1,714

398

398

Regional
investment

Emerging Europe Capital


Investors LDC

Direct equity fund investing in central and


eastern Europe.

Equity funds

Private

1999

7,343

2,335

2,335

Direct
investment

Vilniaus Bankas

Financing for small and medium-sized


enterprises.

Bank lending

Private

1998

10,226

10,226

10,226

Direct
investment

Drobe Wool

Privatisation, restructuring and


modernisation of textile manufacturing
facilities.

Manufacturing
and services

Private

1999

13,902

3,591

1,539

5,129

Direct
investment

Rokiskio Suris

Expansion of cheese production facilities.

Agribusiness

Private

1999

9,736

8,661

8,661

Direct
investment

Dalkia Litesko

Equity investment in energy service


company.

Municipal and
environmental
infrastructure

Private

1998

12,750

2,896

1,448

4,344

Direct
investment

Vilniaus Bankas

Financing for small and medium-sized


enterprises.

Bank lending

Private

1999

75,000

25,000

25,000

Direct
investment

Carlsberg multi-project facility Svyturys

Equity investment in second-largest


Lithuanian brewery.

Agribusiness

Private

1999

35,646

9,499

9,499

Direct
investment

Lithuania Railways Corridor IX -

Investment in railway infrastructure.

Transport

State

2001

113,947

43,748

43,748

Lithuania

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Lithuania

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Lietuvos Zemes Ukio Bankas

Financing for enterprises in the agricultural


sector.

Bank lending

Private

1999

10,403

3,468

3,468

Regional
investment

Baltic Investment Fund

Private equity fund investing in mediumsized companies.

Equity funds

Private

2000

17,985

3,300

3,300

Direct
investment

LDB / LZUB share swap

Exit from Lithuanian Development Bank and Bank equity


facilitation of privatisation of Lietuvos Zemes
Ukio Bankas.

Private

2000

4,800

1,600

1,600

Direct
investment

Lietuvos Telekomas

Private
Privatisation of fixed line telecommunications Telecoms,
company and improved access to both local informatics and
and international markets.
media

2000

129,120

51,815

51,815

Regional
investment

DVI Inc

Provision of medical equipment for hospitals Insurance and


and diagnostic centres.
financial
services

Private

2001

1,065

282

282

Regional
investment

EU/EBRD SME Finance


Facility

Baltic SME Fund

Private equity fund supporting small and


medium-sized enterprises.

Equity funds

Private

2001

5,695

1,020

1,020

Regional
investment

TBIH Financial Services

Expansion of insurance and pension


operations in central and eastern Europe.

Insurance and
financial
services

Private

2000

1,220

245

490

734

Direct
investment

Kaunas Water and


environment

Improvement of water and waste-water


services and enhancement of operational
and financial performance.

Municipal and
environmental
infrastructure

State

2001

94,800

19,700

19,700

Direct
investment

VP market

Expansion of logistics and food retail


network.

Agribusiness

Private

2004

13,684

13,684

13,684

Direct
investment

EU/EBRD SME Finance


Facility

Siauliu Bankas

Financing for small and medium-sized


enterprises.

Bank lending

Private

2000

5,000

5,000

5,000

Lithuania

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Lithuania

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Warehouse Receipts
Programme

Siauliu Bankas

Short-term lending against warehouse


receipts for agribusiness companies,
farmers and traders.

Bank lending

Private

2001

1,614

1,614

1,614

Direct
investment

Lietuvos Draudimas

Equity investment in leading insurance


company.

Insurance and
financial
services

Private

2001

15,951

5,348

5,348

Direct
investment

City of Vilnius municipal


infrastructure project

Upgrade of existing roads and


improvements to pedestrian access.

Municipal and
environmental
infrastructure

State

2003

8,540

7,000

7,000

Regional
investment

Danfoss debt facility for


industrial energy projects

Financing for energy efficiency projects in


selected east European breweries.

Manufacturing
and services

Private

2002

327

77

77

Regional
investment

Askembla Growth Fund

Private equity fund supporting medium-sized Equity funds


enterprises.

Private

2002

21,815

6,000

6,000

Regional
investment

EU/EBRD SME Finance


Facility

Hansa Capital

Financing for small and medium-sized


enterprises.

Private

2003

9,900

4,950

4,950

Regional
investment

Heitman Central Europe


Property Partners Fund

Property and
Investment in property projects, primarily
office buildings, warehousing/distribution and tourism
retail shopping centres.

Private

2002

3,235

1,050

1,050

Direct
investment

Kaunas public transport project -

Purchase of 50 new buses and advice on


restructuring the sector.

State

2004

10,000

10,000

10,000

Regional
investment

Polish Enterprise Fund V

Private equity fund investing in enterprises in Equity funds


Lithuania.

Private

2004

930

930

930

Direct
investment

Dalkia Litesko

Equity investment in energy service


company.

Private

2003

3,674

3,674

3,674

Lithuania

Insurance and
financial
services

Municipal and
environmental
infrastructure

Municipal and
environmental
infrastructure

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Lithuania

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Siauliu Bankas

Equity investment in bank providing


important services to small and mediumsized businesses.

Bank equity

Private

2005

10,980

10,980

10,980

Regional
investment

Europolis II

Development of commercial property


projects.

Property and
tourism

Private

2004

10,297

974

1,299

2,273

Direct
investment

Kaunas Trolleybus
Modernisation

Upgrade of trolleybus infrastructure and


provision of new equipment.

Municipal and
environmental
infrastructure

State

2006

17,180

10,000

10,000

Direct
investment

Siauliu Bankas

Loan enabling Siauliu Bankas to expand its Bank lending


lending activity and implement its business
plan.

Private

2005

12,000

5,000

5,000

Regional
investment

Argus Capital Partners II

Private equity fund supporting medium-sized Equity funds


enterprises. Successor to the Argus Capital
Partners fund.

Private

2005

200

200

200

Regional
investment

Emerging Europe
Convergence Fund II

Direct equity fund investing in central and


eastern Europe.

Equity funds

Private

2005

3,600

3,600

3,600

Regional
investment

SG AM Eastern Europe

Investment in consumer services and


manufacturing companies.

Equity funds

Private

2005

5,400

3,000

3,000

Regional
investment

Royalton Partners II

Equity financing for local service providers.

Equity funds

Private

2007

2,500

2,500

2,500

Regional
investment

Baltcap Private Equity Fund

Private equity fund investing primarily in


Estonia, Latvia, and Lithuania.

Equity funds

Private

2007

6,000

6,000

6,000

Regional
investment

Clean Globe International Oil


Spill Protection

Establishment of crude oil spill response


centres in key locations in the Banks
countries of operations and provision of
regional training, prevention and remedial
services

Natural
Resources

Private

2007

15,009

849

849

Lithuania

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Lithuania

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Siauliu Bankas

Capital increase to promote continued


expansion of Siauliu Bankas.

Bank equity

Private

2006

11,533

1,535

1,535

Direct
investment

Siauliu Bankas

Loan to finance on-lending to small and


medium-sized businesses.

Bank lending

Private

2006

12,000

4,000

4,000

Regional
investment

E-Energia

Municipal and
environmental
infrastructure

Private

2007

1,650

1,650

1,650

Regional
investment

Project Bella

Equity investment in E-energija, which


provides heat and hot water services to both
residential and industrial customers in
Lithuania and Latvia and is considering
expanding its operations into Ukraine.
Sub-project under the private equity coinvestment facility.

Telecoms,
Private
informatics and
media

2007

243,500

5,000

5,000

Regional
investment

Clean Globe Oil Spill


Investment

Equity investment in oil spill response


centres.

Natural
Resources

Private

2007

4,080

480

480

Regional
investment

Post Privatisation Fund

Equity fund supporting financial and


operational restructuring of medium-sized
enterprises.

Equity funds

Private

1996

6,803

6,803

6,803

Regional
investment

I Fund

Co-financing for small and medium-sized


enterprises.

Equity funds

Private

1995

746

746

746

Direct
investment

E-Energia

Municipal and
environmental
infrastructure

Private

2007

1,500

1,500

1,500

Regional
investment

EnerCap

Equity investment in E-energija, which


provides heat and hot water services to both
residential and industrial customers in
Lithuania and Latvia and is considering
expanding its operations into Ukraine.
Private equity fund dedicated to investing in
renewable energy and energy efficiency
projects in central and south-eastern
Europe.

Power and
energy

Private

2007

10,000

2,500

2,500

Regional
investment

Syntaxis Mezzanine Fund II

Private

2009

12,500

2,500

2,500

Lithuania

Equity in a regional fund which aims to


Equity funds
strengthen corporate governance and build
institutions.

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Lithuania

Type of
investment

Project name

Sub project

Description

Regional
investment

Resource Eastern European


Equity Partners I

Support for institution building and expansion Equity funds


of private equity, business improvement and
best ethics and governance.

Private

2009

4,200

1,250

1,250

Direct
investment

Siauliu Bank

Convertible senior loan

Private

2009

30,000

20,000

20,000

Regional
investment

Heitman Eastern European


Property Fund

The loan will encourage SME and municipal Bank equity


lending while the convertible element
incorporated will allow the EBRD to promptly
address the recapitalisation needs if
required.
An equity investment into Heitman European Property and
Property Partners IV, an investment vehicle tourism
pursuing long-term capital appreciation
through real estate investments.

Private

2009

18,220

3,000

3,000

Regional
investment

Almaz Capital Russia Fund I

The Fund will make equity and equity-related Equity funds


venture capital investments in companies
based in Russia and the CIS.

Private

2009

1,345

416

416

Regional
investment

Bite Group

Bella

Sub-project under the private equity coinvestment facility.

Telecoms,
Private
informatics and
media

2009

6,030

1,530

1,530

Lithuania

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Moldova

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

First NIS Regional Fund

Equity fund investing in companies in the


New Independent States (NIS).

Equity funds

Private

1994

518

310

310

Direct
investment

Wine export promotion

Construction and operation of wine and


champagne bottle production facility and
upgrade of bottling equipment.

Agribusiness

State

1994

44,502

21,933

21,933

Direct
investment

Eurovision

Design, supply and installation of earth


Telecoms,
State
station linked to the Eurovision Network via informatics and
satellite.
media

1992

694

694

694

Direct
investment

Energy efficiency project

Upgrade of district heating system in


Chisinau.

State

1995

17,747

7,089

7,089

Direct
investment

Victoria Bank

Credit line to assist small and medium-sized Bank equity


enterprises.

Private

1995

2,980

1,987

993

2,980

Direct
investment

Port of Giurgiulesti oil terminal -

Construction of port facilities for oil imports. Transport

Private

1996

18,832

5,435

2,717

8,152

Direct
investment

Road rehabilitation project

Upgrade of priority sections of the main road Transport


network in Moldova.

State

1995

11,084

7,975

7,975

Direct
investment

Moldova-Agroindbank

Financing for small and medium-sized


enterprises.

Private

1995

14,049

14,049

14,049

Direct
investment

Chisinau water services

Improvement of water supply and reduction Municipal and


of pollution to the Byk and Dniester rivers.
environmental
infrastructure

State

1997

27,157

14,579

14,579

Direct
investment

Chisinau Airport

Refurbishment of passenger terminal.

State

1998

8,214

6,133

6,133

Moldova

Municipal and
environmental
infrastructure

Bank lending

Transport

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Moldova

Type of
investment

Project name

Sub project

Description

Sector

Direct
investment

Micro lending project

Mobias Bank

Financing for micro and small enterprises.

Small business Private


finance

1996

902

472

472

Direct
investment

Micro lending project

Victoria Bank

Financing for micro and small enterprises.

Small business Private


finance

1996

1,248

472

472

Direct
investment

Micro lending project

Moldova-Agroindbank

Financing for micro and small enterprises.

Small business Private


finance

1996

1,699

872

872

Direct
investment

Micro lending project

Universal Bank

Financing for micro and small enterprises.

Small business Private


finance

1997

1,404

472

472

Direct
investment

Moldova-Agroindbank

Financing for small and medium-sized


enterprises.

Bank equity

Private

1998

7,323

4,882

2,441

7,323

Direct
investment

Victoria Bank

Equity investment in one of Moldovas


largest private commercial banks.

Bank equity

Private

1997

1,468

220

220

Direct
investment

Moldova power distribution

Privatisation of three power distribution


companies.

Power and
energy

Private

2000

5,872

5,872

5,872

Direct
investment

Victoria Bank

Equity investment in one of Moldovas


largest private commercial banks.

Bank equity

Private

1999

1,155

185

185

Direct
investment

Regional Trade Facilitation


Programme

Agroindbank

Support for foreign trade.

Bank lending

Private

1999

107

107

107

Direct
investment

ProCredit Bank Moldova

Financing for micro and small enterprises.

Small business Private


finance

2000

6,643

366

366

733

Moldova

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Moldova

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Post-privatisation power
distribution loan

Financing for three power distribution


companies located in Chisinau and the
central and southern regions of Moldova.

Power and
energy

Private

2000

27,741

13,871

13,871

Direct
investment

Glass Container Company

Improvement of wine production, quality and Agribusiness


packaging.

Private

2000

12,094

3,453

2,302

5,755

Direct
investment

Victoria Bank

Credit line to assist small and medium-sized Bank lending


enterprises.

Private

2001

5,548

1,387

1,387

2,774

Direct
investment

Moldova-Agroindbank

Financing for small and medium-sized


enterprises.

Bank lending

Private

2002

4,161

4,161

4,161

Direct
investment

Regional Trade Facilitation


Programme

Mobias Banca

Support for foreign trade.

Bank lending

Private

2002

446

223

223

446

Direct
investment

Moldindconbank credit line

Credit line for on-lending to small and


medium-sized businesses.

Bank lending

Private

2004

1,006

1,006

1,006

Direct
investment

Victoria Bank

Credit line to assist small and medium-sized Bank lending


enterprises.

Private

2003

2,774

2,774

2,774

Direct
investment

Warehouse Receipts
Programme

WJ Group

Short-term lending against warehouse


receipts for agribusiness companies,
farmers and traders.

Agribusiness

Private

2003

8,461

4,231

4,231

Regional
investment

Furshet

Loan to help Furshet Group open new stores Agribusiness


across Ukraine and expand its operations in
Moldova.

Private

2007

2,135

1,423

1,423

Direct
investment

SME Credit Line

Mobias Banca

Credit line to Mobias Bank for on-lending to Bank lending


small and medium-sized businesses.

Private

2004

1,387

1,387

1,387

Moldova

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Moldova

Type of
investment

Project name

Sub project

Description

Sector

Direct
investment

ProCredit Moldova

Financing for micro and small enterprises.

Small business Private


finance

2005

1,387

1,387

1,387

Direct
investment

Medium-sized Loan Cofinancing Facility

Trans Oil Moldova

Credit line for on-lending to medium-sized


enterprises, including Trans Oil Moldova.

Agribusiness

Private

2004

1,387

694

694

Direct
investment

Medium-sized Loan Cofinancing Facility

Credit line for on-lending to medium-sized


enterprises, through Victoria Bank.

Bank lending

Private

2004

1,200

1,200

1,200

Direct
investment

Regional Trade Facilitation


Programme

Banca Sociala

Support for foreign trade.

Bank lending

Private

2005

347

347

347

Direct
investment

Banca Sociala

Credit line for on-lending to small and


medium-sized businesses.

Bank lending

Private

2005

5,000

5,000

5,000

Direct
investment

Medium-sized Loan Cofinancing Facility

Mobiasbanca

Credit line

Bank lending

Private

2005

2,065

2,065

2,065

Direct
investment

Medium-sized Loan Cofinancing Facility

Orhei Vit

Sub-loan to frozen fruit and vegetable


producer, through Victoria Bank.

Agribusiness

Private

2004

1,694

1,000

1,000

Direct
investment

Medium-sized Loan Cofinancing Facility

Victoria Bank Protos

Loan for manufacturer of steel pipes cofinanced with Victoria Bank.

Manufacturing
and services

Private

2005

694

347

347

Direct
investment

Glass Container Company

Medium-term loan to facilitate balance sheet Agribusiness


restructuring.

Private

2005

5,712

2,092

2,092

Direct
investment

Port of Giurgiulesti oil terminal -

Recovery of debt

Private

2005

5,223

2,611

2,611

5,223

Moldova

Transport

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Moldova

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Medium-sized Loan Cofinancing Facility

Bucuria

Sub-loan to a local confectionery producer,


through Victoria Bank.

Agribusiness

Private

2005

2,200

700

700

Direct
investment

ETC Non-Bank MFI


Framework

Rural Finance Corporation

Financing for micro and small enterprises.

Small business Private


finance

2005

694

520

520

Direct
investment

ETC Non-bank MFI


Framework II

Microinvest

Credit line for on-lending to micro and small Small business Private
businesses.
finance

2007

694

694

694

Direct
investment

Moldova Microlending
Framework

Mobiasbanca

Credit lines for on-lending to micro and small Small business Private
businesses.
finance

2006

2,100

2,100

2,100

Direct
investment

Moldova Microlending
Framework

Banca Sociala

Credit lines for on-lending to micro and small Small business Private
businesses.
finance

2006

3,000

3,000

3,000

Regional
investment

European Fund for Southeast Europe

2006

2,000

2,000

2,000

Direct
investment

Medium-sized Loan CoFinancing Facility

Privately managed public/private investment Small business Private


fund which will provide financing for micro, finance
small and medium-sized businesses as well
as housing and rural finance in south-eastern
Europe.
Mobiasbanca Basarabia Sub Sub-loan to a local wine producer through
Agribusiness
Private
Loan
Mobiasbanca.

2006

485

485

485

Regional
investment

Bluehouse equity fund

Private

2006

7,627

1,250

1,250

Regional
investment

BSR Europe Co-Investment


Facility

Private

2006

5,000

1,750

1,750

Direct
investment

Medium-sized Loan CoFinancing Facility

Mobiasbanca Sun
Sub-loan to an internet provider through
Communications Sub-Loan Mobiasbanca.

Telecoms,
Private
informatics and
media

2006

173

173

173

Moldova

Equity investment in Bluehouse Accession Property and


tourism
Property, a fund acquiring, developing,
renovating, owning and managing property in
Bulgaria, Croatia, Moldova, Romania, Serbia
and Ukraine.
Equity investment in a company developing Property and
office, retail, residential and industrial real
tourism
estate in Moldova.

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Moldova

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

Balkan Accession Fund

Finance provided to a private equity fund


investing in medium-sized businesses.

Equity funds

Private

2006

5,245

1,120

1,120

Direct
investment

Mobiasbanca Credit Line II

Credit line for on-lending to small and


medium-sized businesses.

Bank lending

Private

2006

4,210

2,105

2,105

Direct
investment

Direct Lending Facility

Orhei Vit Cannery

Finance provided for fruit and vegetable


production at Orhei Vit cannery.

Agribusiness

Private

2006

4,000

4,000

4,000

Direct
investment

SUN Communications-Debt

Loan for expansion and modernisation of


telecommunications company.

Telecoms,
Private
informatics and
media

2007

3,857

4,134

4,134

Direct
investment

Mobiasbanca

Investment to facilitate development of


banking operations.

Bank equity

Private

2008

10,506

3,433

3,433

Direct
investment

Moldova road upgrading

Loan to finance improvements to the road


network and institutional strengthening.

Transport

State

2008

65,000

17,500

17,500

Direct
investment

Medium-sized Loan Cofinancing Facility

Mobiasbanca

Extension on previous investment to improve Insurance and


access to finance local private enterprises. financial
services

Private

2008

1,372

1,372

1,372

Direct
investment

SUN Communications-Equity

Private
Equity investment in Sun Communications to Telecoms,
support expansion.
informatics and
media

2007

1,945

1,945

1,945

Direct
investment

Chisinau Airport Modernisation II

Loan for airport modernisation.

Transport

Private

2008

45,500

25,500

25,500

Direct
investment

Banca Sociala

Second credit line for on-lending to SMEs.

Bank lending

Private

2007

5,070

5,070

5,070

Moldova

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Moldova

Type of
investment

Project name

Sub project

Description

Direct
investment

Chisinau Shopping Mall

Finance for the building and development of Property and


a retail and entertainment complex.
tourism

Private

2008

59,800

21,400

21,400

Direct
investment

Direct Lending Facility

Iucan Comert office centre


and Endava ICT Incubator

Office centre development to create an ICT Property and


incubator and science park.
tourism

Private

2009

2,300

2,300

2,300

Direct
investment

Eximbank

Moldova Financial Sector Framework Bank lending


Finance for on-lending to small and mediumsized enterprises.

Private

2008

13,870

13,870

13,870

Direct
investment

Moldindconbank

Credit line for on-lending to small and


medium-sized enterprises.

Bank lending

Private

2009

15,000

5,000

5,000

Regional
investment

Aqualia Investment Venture

Equity in a new company that invests in


water concessions and acquires other
privately held water groups.

Municipal and
environmental
infrastructure

Private

2009

8,163

4,000

4,000

Direct
investment

ETC Non-bank Microfinance


Institution Framework III

MicroInvest II

Credit line to a non-bank microfinance


institution for on-lending to entrepreneurs
and small businesses.

Small business Private


finance

2009

3,468

1,040

1,040

Direct
investment

Moldova Microlending
Programme

ProCredit Bank

Credit line to ProCredit Bank for on-lending Small business Private


to small business.
finance

2009

6,935

1,734

1,734

Direct
investment

Medium-sized Loan Cofinancing Facility

Banca Sociala

Extension on previous investment to improve Bank lending


access to finance local private enterprises.

Private

2008

1,500

1,500

1,500

Direct
investment

Efes Vitanta Brewery

Senior loan for modernisation and


expansion.

Agribusiness

Private

2008

12,484

12,484

12,484

Direct
investment

Mobiasbanca

Loan for on-lending to small and mediumsized enterprises and larger companies.

Bank lending

Private

2008

20,000

5,000

5,000

Moldova

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Moldova

Type of
investment

Project name

Regional
investment

European Fund for SouthEast Europe II

Support to financial institutions for on-lending Small business Private


to MSMEs, as well as for housing and rural finance
finance.

2009

11,550

1,650

1,650

Direct
investment

Direct Lending Facility

Centrul de Diagnostic
German

An investment in a new modern diagnostic


imaging centre in the capital, Chisinau.

Manufacturing
and services

Private

2009

2,000

2,000

2,000

Direct
investment

Moldova Agroindbank

Credit line for on-lending to small and


medium-sized enterprises.

Bank lending

Private

2009

20,000

10,000

10,000

Direct
investment

Direct Lending Facility

Trans Oil

Supporting the development of agricultural Agribusiness


infrastructure in Moldova with a loan to Trans
Oil Group, the largest grain trading company
in Moldova.

Private

2009

16,645

8,322

8,322

Direct
investment

Mid-Sized Corporate Support


Facility

Electricity Distribution
Upgrade

Upgrade and expansion of Union Fenosa


Moldova's distribution network.

Power and
energy

Private

2009

27,741

10,403

10,403

Direct
investment

Direct Lending Facility

WJ Moldova

Long-term loan to seed oil crushing


company.

Agribusiness

Private

2009

10,330

10,330

10,330

Moldova

Sub project

Description

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Mongolia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Kumtor Gold Company

Expansion of gold mining facilities.

Natural
Resources

Private

1995

129,733

4,297

4,297

8,594

Regional
investment

Centerra Gold (formerly


Kumtor Gold Company)

Equity investment in gold producer.

Natural
Resources

Private

2004

4,359

4,359

4,359

Direct
investment

Xac Bank

Credit line to promote on-lending to micro


and small businesses.

Small business Private


finance

2006

3,468

3,468

3,468

Direct
investment

Direct Lending Facility

Ezio Foradori Cashmere

Loan to a locally-owned niche cashmere


production company in Ulaanbaatar to
enhance competitiveness in the sector.

Manufacturing
and services

Private

2009

555

555

555

Direct
investment

Mongolian Gold MAK

Expansion of Eldev coal mine.

Natural
Resources

Private

2007

31,209

20,806

20,806

Direct
investment

Mongolian Financial Sector


Framework

Khan Bank

Credit line for on-lending to micro, small and Small business Private
medium-sized businesses.
finance

2007

6,935

6,935

6,935

Direct
investment

Zoos Bank

Mongolian Financial Sector Framework Small business Private


Loan and trade finance facility in support of finance
small and medium-sized enterprises.

2008

2,774

2,774

2,774

Direct
investment

Minii Delgur

Development of leading retailer in


Ulaanbaatar through expansion of shop
network.

Private

2007

5,704

5,704

5,704

Regional
investment

Imperial Mining

Exploration and development of base metal Natural


and precious metal licences.
Resources

Private

2008

22,785

7,527

7,527

Direct
investment

Direct Investment Facility

Australian Independent
Diamond Drilling

Financing the purchase of two new drilling


rigs.

Private

2007

4,073

4,073

4,073

Mongolia

Agribusiness

Natural
Resources

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Mongolia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Direct Investment Facility

Vitafit

Financing for a new production line for a


juice producer.

Agribusiness

Private

2007

3,581

3,581

3,581

Direct
investment

Magnai Trade Petrol Stations

Investment for expansion of a medium-sized Natural


domestic petrol retailer.
Resources

Private

2008

24,274

13,871

13,871

Direct
investment

Mongolian Financial Sector


Framework

XAC-GE

Equity investment to encourage lending to


small and medium-sized enterprises.

Small business Private


finance

2007

2,212

2,212

2,212

Direct
investment

Zoos Bank

Mongolian Financial Sector Framework Bank equity


Loan and trade finance facility in support of
small and medium-sized enterprises.

Private

2008

5,157

5,157

5,157

Direct
investment

Direct Lending Facility

Geosan

Loan to Mongolian geological services firm. Manufacturing


and services

Private

2008

1,942

1,942

1,942

Direct
investment

MCS Beverages

Loan to help expand production and improve Agribusiness


its wastewater treatment and recycling
processes.

Private

2008

14,079

4,855

4,855

Direct
investment

Direct Investment Facility

Petro Matad

Equity investment in Petro Matad for the


development of oil exploration in Mongolia.

Private

2009

4,161

4,161

4,161

Direct
investment

Direct Lending Facility

MSM

Loans facility for medium to large-sized local Manufacturing


private companies in the Early Transition
and services
Countries.

Private

2008

4,161

4,161

4,161

Direct
investment

Direct Lending Facility

Gobi

Loan to cashmere producer Ezio Foradori to Manufacturing


expand production and modernise its
and services
manufacturing plant.

Private

2009

2,427

2,427

2,427

Direct
investment

Energy Resources coal mining -

Equity investment to enable the setting up of Natural


a coal mining operation at the Ukhaa Hudag Resources
deposit in southern Mongolia.

Private

2009

50,683

14,287

14,287

Mongolia

Natural
Resources

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Mongolia

Type of
investment

Project name

Sub project

Description

Direct
investment

Magnai Trade Petrol Stations

Magnai Trade

To develop a medium-sized domestic petrol Natural


retailer, funding the construction of new
Resources
depot stores and filling stations.

Private

2008

13,918

3,516

3,516

Direct
investment

Magnai Trade Petrol Stations

Magnai Trade Market

To develop a medium-sized domestic petrol Natural


retailer, funding the construction of new
Resources
depot stores and filling stations.

Private

2008

3,125

3,125

3,125

Direct
investment

Magnai Trade Petrol Stations

Magnai Trade Petroleum

To develop a medium-sized domestic petrol Natural


retailer, funding the construction of new
Resources
depot stores and filling stations.

Private

2008

3,125

3,125

3,125

Direct
investment

Salkhit Windfarm

Support for the development phase of a


Power and
proposed 50MW windfarm to be constructed energy
and operated 70km from Ulaanbaatar.

Private

2009

2,774

485

485

Mongolia

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Montenegro

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Euromarket Banka

Financing for small and medium-sized


enterprises.

Bank lending

Private

2002

3,000

3,000

3,000

Direct
investment

Direct Investment Facility

Progas

Production, marketing and distribution of


technical gases.

Manufacturing
and services

Private

2002

1,120

408

408

Direct
investment

Euromarket Banka

Equity investment to foster institutional


development.

Bank equity

Private

2002

5,004

1,994

1,329

3,324

Regional
investment

Air traffic management


modernisation and upgrade

Modernisation of the Belgrade and


Podgorica air traffic control centres and
corresponding infrastructure.

Transport

State

2005

8,952

2,680

2,680

Direct
investment

Kombinat Aluminium
Podgorica

Loan facilitating the privatisation of


integrated aluminium producer.

Manufacturing
and services

State

2003

1,945

1,945

1,945

Direct
investment

Montenegro Airports

Modernisation of two Montenegro airports.

Transport

State

2003

29,000

11,000

11,000

Direct
investment

US/EBRD SME Finance


Facility

Opportunity Bank

Credit line for on-lending to micro, small and Small business Private
medium-sized businesses.
finance

2003

3,000

2,700

2,700

Direct
investment

US/EBRD SME Finance


Facility

Alter Modus

Credit line for on-lending to micro, small and Small business Private
medium-sized businesses.
finance

2004

1,000

900

900

Direct
investment

Montenegro Regional Road


Rehabilitation Project

Improvements to infrastructure and safety of Transport


Montenegrin roads.

2005

14,821

10,941

10,941

Direct
investment

US/EBRD SME Finance


Facility

Alter Modus

Financing for micro and small enterprises.

2005

2,000

1,800

1,800

Montenegro

State

Small business Private


finance

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Montenegro

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Montenegro regional water


supply

Construction of a regional water supply


network.

Municipal and
environmental
infrastructure

State

2007

52,463

18,000

18,000

Regional
investment

Europolis III

Private

2006

7,425

630

945

1,575

Direct
investment

Montenegro rail infrastructure -

Equity investment allowing the creation of a Property and


tourism
regional portfolio of property assets in
Bosnia and Herzegovina, Bulgaria, FYR
Macedonia, Montenegro, Romania, Russia,
Serbia and Ukraine.
Support for the upgrading of railways
Transport
infrastructure.

State

2007

30,000

15,000

15,000

Direct
investment

Western Balkans MSME


Framework

Alter Modus III

Further loan to Alter Modus for on-lending to Small business Private


micro, small and medium-sized enterprises. finance

2007

1,500

1,500

1,500

Regional
investment

ViaOne

Equity investment to support the commercial Telecoms,


Private
launch and development of ViaOne Europa informatics and
Holding's software platforms.
media

2008

847

500

500

Direct
investment

Western Balkans Local


Enterprise Facility

MPM

Loan to support MPM's cosmetic wholesale Manufacturing


and retail business.
and services

Private

2009

1,500

1,500

1,500

Direct
investment

Western Balkans Local


Enterprise Facility

Franca Mesopromet

Support for meat producer.

Private

2008

5,000

5,000

5,000

Regional
investment

European Fund for SouthEast Europe II

Support to financial institutions for on-lending Small business Private


to MSMEs, as well as for housing and rural finance
finance.

2009

12,600

1,800

1,800

Direct
investment

Montenegro Rail Infrastructure II

A loan for completion of a priority track


upgrading programme on the Montenegrin
rail network.

State

2009

17,900

15,000

15,000

Direct
investment

Local Enterprise Facility

A loan to Voli Trade, owner of Voli, a grocery Agribusiness


retailer in Montenegro operating 12 stores
around the country.

Private

2009

4,233

3,079

3,079

Montenegro

Voli Trade

Agribusiness

Transport

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Montenegro

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

Southeast Europe Energy


Efficiency Fund (SE4F)

Financing for energy efficiency projects


through local financial institutions.

Insurance and
financial
services

Private

Montenegro

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)
2009

4,744

1,250

EBRD Total EBRD


guarantee
finance
( 000)
( 000)
0

1,250

EBRD Investments 1991-2009

Poland

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

Renaissance Fund

Venture capital fund supporting private


companies.

Equity funds

Private

1993

14,441

4,323

4,323

Direct
investment

American Bank (Poland)

Financing for private companies.

Bank lending

Private

1993

3,468

3,468

3,468

Direct
investment

Winterthur multi-project facility -

Equity investment in composite insurer.

Insurance and
financial
services

Private

1994

111,228

55,213

55,213

Direct
investment

Heros

Equity investment in Polish life insurer.

Insurance and
financial
services

Private

1995

2,680

1,401

1,401

Direct
investment

Netia

Telecoms,
Private
Construction and operation of direct
telecommunication lines, installed in licensed informatics and
regions throughout Poland.
media

1996

210,992

15,827

7,914

23,741

Direct
investment

Polska Telefonica Komorkowa -

Construction of cellular network and


purchase of equipment.

Telecoms,
Private
informatics and
media

1992

108,191

16,645

16,645

Direct
investment

Motorway development

Upgrade of major roads within Poland and


introduction of tolls.

Transport

State

1993

82,594

44,994

44,994

Direct
investment

Huta Warszawa-Lucchini

Restructuring of steel plant and installation of Manufacturing


modern and environmentally sound
and services
equipment.

Private

1993

227,195

15,000

15,000

Direct
investment

Polish Development Bank

Financing for small and medium-sized


enterprises.

Bank lending

Private

1994

4,274

4,274

4,274

Direct
investment

Poland housing

Construction of residential projects.

Property and
tourism

Private

1992

42,742

1,130

1,130

Direct
investment

Poland Private Equity Fund

Financing for small and medium-sized


enterprises.

Equity funds

Private

1992

61,852

41,881

41,881

Poland

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Poland

Type of
investment

Project name

Sub project

Description

Direct
investment

Pilkington Sandoglass

Privatisation of Poland's largest sheet glass Manufacturing


manufacturer and construction of float glass and services
plant.

Private

1993

182,751

25,396

8,465

33,861

Direct
investment

Polspan

Modernisation and expansion of production Manufacturing


at chipboard manufacturing facility.
and services

Private

1993

42,335

10,226

10,226

Direct
investment

Fiat/ FSM

Acquisition of majority stake in Polish car


manufacturer FSM by Fiat.

Manufacturing
and services

Private

1994

93,569

62,093

62,093

Direct
investment

Metalplast

Upgrade of manufacturing capacity, increase Manufacturing


of production and expansion into
and services
construction material markets.

Private

1995

23,492

6,223

6,223

Direct
investment

WBK Poznan

Financing for small and medium-sized


enterprises.

Bank lending

State

1991

28,817

1,076

1,076

Direct
investment

Industriebeteiligungs GmbH
(IBG)

Janofrost

Construction, fit-out and operation of three


food processing and cold storage facilities.

Agribusiness

Private

1992

10,328

1,790

1,790

Direct
investment

Kwidzyn

Modernisation of pulp and paper mill.

Manufacturing
and services

Private

1994

202,413

13,433

13,433

Direct
investment

Huta Szkla Jaroslaw

Modernisation of glass container


manufacturing plant.

Manufacturing
and services

Private

1993

30,013

3,541

3,541

Direct
investment

Atrium

Construction of business centre and hotel.

Property and
tourism

Private

1994

31,035

3,641

3,641

Direct
investment

Warsaw distribution centre

Construction of industrial park.

Property and
tourism

Private

1995

17,054

3,641

3,641

Poland

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Poland

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Bielsko-Biala power station

Completion of boiler plant.

Power and
energy

Private

1994

104,615

29,621

29,621

Direct
investment

Caresbac Polska

Equity investment in small business


investment company, focusing on the
agribusiness sector.

Equity funds

Private

1993

10,807

4,149

4,149

Direct
investment

KZP - Poland (Trebruk)

Restructuring of pulp and paper mill.

Manufacturing
and services

Private

1993

97,800

13,511

13,511

Direct
investment

ABB Dolmel Ltd

Expansion of air and water-cooled turbogenerator production facility.

Manufacturing
and services

Private

1992

12,678

4,355

4,355

Direct
investment

Lodom

Construction of cold storage facility.

Agribusiness

Private

1993

8,041

2,007

2,007

Direct
investment

Kronospan Szczecinek

Expansion and modernisation of chipboard


manufacturer.

Manufacturing
and services

Private

1994

53,778

15,339

15,339

Direct
investment

Agora Gazeta (RZB CEAL)

Acquisition of printing plant.

Manufacturing
and services

Private

1993

8,215

2,774

2,774

Direct
investment

Ringnes/Pubrex (BCCB)

Operation of soft drink production plant and Agribusiness


establishment of retail distribution network.

Private

1992

17,650

5,624

5,624

Direct
investment

Rockwool Polska

Modernisation of four mineral wool


production lines.

Manufacturing
and services

Private

1993

18,025

5,601

5,601

Regional
investment

New Europe East Investment


Fund

Equity fund supporting private companies


and joint ventures.

Equity funds

Private

1993

24,957

6,114

6,114

Poland

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Poland

Type of
investment

Project name

Direct
investment

Description

Sector

Portfolio
Class

Wielkopolski Bank Kredytowy -

Privatisation of commercial bank.

Bank equity

Private

1993

10,414

10,414

10,414

Regional
investment

Dun and Bradstreet

Development of business information


services in central and eastern Europe.

Insurance and
financial
services

Private

1993

353

353

353

Direct
investment

Farm Frites Poland

Construction of potato processing plant and Agribusiness


storage facilities.

Private

1994

19,053

7,288

7,288

Direct
investment

Industriebeteiligungs GmbH
(IBG)

Krespol

Construction, fit-out and operation of three


food processing and cold storage facilities.

Agribusiness

Private

1992

1,841

1,841

1,841

Direct
investment

Industriebeteiligungs GmbH
(IBG)

Kujawy-Frost

Construction, fit-out and operation of three


food processing and cold storage facilities.

Agribusiness

Private

1992

1,841

1,841

1,841

Direct
investment

Fabryka Papieru Malta Decor

Expansion of decorative paper production.

Manufacturing
and services

Private

1993

9,612

4,090

4,090

Direct
investment

Schooner

Equity investment in industrial holding


company.

Equity funds

Private

1994

33,818

12,761

12,761

Direct
investment

Railway modernisation project -

Upgrade of the Warsaw-Kunowice railway


line.

Transport

State

1996

486,082

49,082

49,082

Regional
investment

Advent Private Equity Fund


Central Europe

Private equity fund supporting small and


medium-sized enterprises in central and
eastern Europe.

Equity funds

Private

1994

16,691

3,376

3,376

Direct
investment

Prospect Poland Fund

Equity fund supporting medium-sized


enterprises.

Equity funds

Private

1994

24,587

6,283

6,283

Poland

Sub project

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Poland

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

East European Food Fund

Investment fund focusing on food and


beverage sector.

Agribusiness

Private

1995

3,486

823

823

Direct
investment

Bank Przemyslowo-Handlowy -

Partial privatisation of commercial bank.

Bank equity

Private

1994

34,160

34,160

34,160

Direct
investment

Orix Polska

Equity investment in industrial equipment


leasing facility.

Insurance and
financial
services

Private

1995

1,206

1,206

1,206

Direct
investment

Kredyt Bank

Expansion of branches, upgrade of technical Bank equity


infrastructure and improvement of banking
products.

Private

1996

4,017

4,017

4,017

Regional
investment

MBA loan project

Financial support for students undertaking


MBA degrees at top-tier business schools.

Bank lending

Private

1995

2,216

707

530

1,237

Direct
investment

Waresco

Construction of international-standard office Property and


development.
tourism

Private

1996

23,889

6,489

6,489

Direct
investment

Faure and Machet

Development of Parc Logistique, the first


large-scale distribution logistics facility
constructed in central and eastern Europe.

Property and
tourism

Private

1995

27,932

7,883

7,883

Direct
investment

Warsaw financial centre

Construction of private sector office


development.

Property and
tourism

Private

1996

81,802

13,447

13,447

Direct
investment

Forte

Underwriting of Polish furniture companys


initial public offer and purchase of 20 per
cent of shares.

Manufacturing
and services

Private

1996

10,453

1,875

1,875

Direct
investment

Mass privatisation programme Srubena

Improvement of industrial fastener


manufacturers production facilities.

Manufacturing
and services

Private

1996

5,971

3,197

3,197

Poland

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Poland

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

Environmental Investment
Fund

Support for companies undertaking


environment-related projects in the
infrastructure sector.

Municipal and
environmental
infrastructure

Private

1997

15,400

3,500

3,500

Direct
investment

Stalexport

Further privatisation of steel-trading and


steel-producing holding.

Manufacturing
and services

Private

1998

136,318

27,434

27,434

Direct
investment

Warsaw wholesale market

Construction and operation of new wholesale Agribusiness


market and modernisation of trade
infrastructure.

State

1996

41,223

10,436

10,436

Direct
investment

National Investment Fund

Zachodni

Equity investment in Polish enterprises.

Manufacturing
and services

Private

1995

1,110

1,110

1,110

Direct
investment

National Investment Fund

Osmy

Equity investment in Polish enterprises.

Manufacturing
and services

Private

1995

1,110

1,110

1,110

Direct
investment

National Investment Fund

Piaty

Equity investment in Polish enterprises.

Manufacturing
and services

Private

1995

139

139

139

Direct
investment

National Investment Fund

Siodmy

Equity investment in Polish enterprises.

Manufacturing
and services

Private

1995

2,219

2,219

2,219

Direct
investment

National Investment Fund

Dwunasty

Equity investment in Polish enterprises.

Manufacturing
and services

Private

1995

1,110

1,110

1,110

Direct
investment

National Investment Fund

Pietnasty

Equity investment in Polish enterprises.

Manufacturing
and services

Private

1995

1,664

1,664

1,664

Direct
investment

National Investment Fund

Pierwszy

Equity investment in Polish enterprises.

Manufacturing
and services

Private

1995

1,026

1,026

1,026

Poland

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Poland

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

New Europe Insurance


Ventures

Investment fund supporting small and


medium-sized insurance companies.

Insurance and
financial
services

Private

1996

24,366

2,173

2,173

Direct
investment

Mass privatisation programme Krotoszyn

Restructuring and development of auto


cylinder liner manufacturers operations.

Manufacturing
and services

Private

1996

2,635

2,635

2,635

Direct
investment

KZP - Poland (Trebruk)

Restructuring of pulp and paper mill.

Manufacturing
and services

Private

1996

38,543

10,250

10,250

Direct
investment

Rolimpex

Modernisation and expansion of


agribusiness trading and processing
company.

Agribusiness

Private

1996

68,440

12,957

12,957

Direct
investment

Polish Enterprise Fund

Financing for small and medium-sized


enterprises.

Equity funds

Private

1996

122,231

29,437

29,437

Direct
investment

Pioneer Poland Real Estate


Fund

Development of real estate and investment


opportunities in Poland.

Property and
tourism

Private

1997

485

485

485

Regional
investment

DBG Osteuropa Holding


GmbH

Private equity fund supporting medium-sized Equity funds


enterprises.

Private

1997

7,120

2,556

2,556

Direct
investment

Bank Gospodarki
Zywnosciowej

Equity investment in bank focusing on rural Bank equity


finance.

Private

2004

290,726

86,723

86,723

Direct
investment

Air Liquide

Huta Katowice

Construction and operation of on-site airseparation facility.

Manufacturing
and services

Private

1997

30,490

13,370

13,370

Direct
investment

Central Poland Fund

Private equity fund investing in small and


medium-sized companies.

Equity funds

Private

1998

13,095

2,692

2,692

Poland

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Poland

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Hortex Holding

Restructuring of fruit and vegetable juice


producer.

Agribusiness

Private

1997

71,208

13,645

13,645

Direct
investment

Lafarge multi-project facility

Kujawy and RMC

Manufacturing
Acquisition, modernisation, expansion,
construction and operation of manufacturing and services
facilities in the cement, lime, aggregates and
ready-mix concrete sectors.

Private

1996

97,521

28,149

28,149

Direct
investment

Cementownia Chelm

Modernisation and restructuring of cement


producer.

Private

1997

59,343

14,312

14,312

28,624

Direct
investment

Krakow urban transport

Construction of fast tram link along the north- Municipal and


south axis of the city.
environmental
infrastructure

State

1998

134,574

35,000

35,000

Direct
investment

Kruszwica

Modernisation of edible oil production


facilities.

Agribusiness

Private

1997

38,943

15,363

15,363

Direct
investment

Waresco

Construction of international-standard office Property and


development.
tourism

Private

1997

3,072

902

902

Direct
investment

Danuta

Equity investment in pasta factory.

Private

1997

31,526

5,172

5,172

Direct
investment

Kredyt Bank

Expansion of branches, upgrade of technical Bank equity


infrastructure and improvement of banking
products.

Private

1997

1,782

1,782

1,782

Direct
investment

Bank Przemyslowo-Handlowy -

Convertible bond issue in commercial bank. Bank equity

Private

1998

13,983

13,983

13,983

Regional
investment

Baring Communications

Private equity fund targeting the media and Telecoms,


Private
communications sector.
informatics and
media

1997

16,564

3,717

3,717

Poland

Manufacturing
and services

Agribusiness

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Poland

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Polish pre-initial public offer


finance facility

Financing for enterprises about to be listed


on the stock exchange.

Equity funds

Private

1998

7,341

3,873

3,873

Direct
investment

Krono-Wood Spolka zoo

Investment in timber sheet manufacturer.

Manufacturing
and services

Private

1997

106,096

19,173

19,173

Regional
investment

Communication and
Information Technology Fund

Private equity fund targeting the media and Telecoms,


Private
communications sector.
informatics and
media

1999

13,170

3,981

3,981

Direct
investment

PWN Wydawnictwo Naukowe -

Expansion of publishers investment


programme.

Private

1998

17,257

8,657

8,657

Direct
investment

Kredyt Bank

Expansion of branches, upgrade of technical Bank equity


infrastructure and improvement of banking
products.

Private

1997

60,350

6,916

6,916

Direct
investment

Wroclaw municipal
infrastructure flood damage
repair

Improvements to flood-damaged municipal


transport infrastructure.

State

1998

35,510

15,510

15,510

Direct
investment

Lafarge multi-project facility

Malogoszcz and Wierzbica

Manufacturing
Acquisition, modernisation, expansion,
construction and operation of manufacturing and services
facilities in the cement, lime, aggregates and
ready-mix concrete sectors.

Private

1997

129,375

13,417

13,417

Regional
investment

Advent Central and Eastern


Europe Fund II

Private equity fund supporting small and


medium-sized enterprises in central and
eastern Europe.

Private

1997

14,822

5,814

5,814

Direct
investment

Honeywell ESCO Poland

Establishment, acquisition or expansion and Manufacturing


operation of energy services companies.
and services

Private

1998

1,081

371

371

Direct
investment

Dalkia Multi-Project Facility II

Poznan cogeneration
privatisation

Privatisation of ZEC Poznan, the combined Municipal and


heat and power plant in Poznan.
environmental
infrastructure

Private

1997

28,825

3,604

1,201

4,805

Poland

Manufacturing
and services

Municipal and
environmental
infrastructure

Equity funds

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Poland

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

Innova/98

Private equity fund supporting small and


medium-sized enterprises.

Equity funds

Private

1998

51,427

11,926

11,926

Regional
investment

AIG New Europe Fund

Private equity fund investing in central and


eastern Europe.

Equity funds

Private

1999

35,059

6,910

6,910

Regional
investment

Central and Eastern Europe


Power Fund

Investment in private sector projects in


power generation, transmission and district
heating.

Power and
energy

Private

1999

4,288

1,307

1,307

Regional
investment

Emerging Europe Capital


Investors LDC

Direct equity fund investing in central and


eastern Europe.

Equity funds

Private

1999

29,370

9,341

9,341

Direct
investment

Animex

Restructuring of meat processing


operations.

Agribusiness

Private

2001

149,965

17,501

17,501

Direct
investment

Pekao

Equity investment financing the bank's


interest-earning assets and technology
investments.

Bank equity

Private

1998

88,077

88,077

88,077

Regional
investment

Energy Efficiency and


Emissions Reduction Fund

Equity financing for energy efficiency and


emission-reducing projects.

Power and
energy

Private

1999

17,750

5,000

5,000

Direct
investment

LandG ESCO Poland

Implementation of small and medium-sized


energy efficiency projects.

Manufacturing
and services

Private

1999

5,886

246

246

491

Direct
investment

Kredyt Bank

Expansion of branches, upgrade of technical Bank equity


infrastructure and improvement of banking
products.

Private

1999

87,144

8,553

8,553

Direct
investment

Polish dairy facility

ING Bank Slaski

Modernisation of 10-15 dairies and their


supplying farms to upgrade milk quality to
EU standards.

Private

2000

10,821

2,821

2,821

Poland

Bank lending

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Poland

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Slodownia Soufflet multiproject facility

Polska SARL

Purchase, modernisation and expansion of


malt production facilities and machinery.

Agribusiness

Private

1998

27,869

13,652

13,652

Direct
investment

PKP restructuring and


privatisation

Restructuring and improvement of


productivity and competitiveness of rail
transport services.

Transport

State

2000

230,000

100,000

100,000

Direct
investment

Gdansk urban transport

Upgrade of tramway tracks and cars,


purchase of new buses and introduction of
electronic ticketing.

Municipal and
environmental
infrastructure

State

2001

26,100

12,000

12,000

Direct
investment

Telekomunikacja Polska

Privatisation of telecommunications
operator.

Telecoms,
Private
informatics and
media

1998

659,161

64,862

64,862

Direct
investment

Krakow Plaszow II

Modernisation of mechanical treatment


facility and construction of biological
treatment facility.

Municipal and
environmental
infrastructure

State

2000

63,581

5,281

5,281

Direct
investment

Lafarge multi-project facility

Lafarge Polska

Manufacturing
Acquisition, modernisation, expansion,
construction and operation of manufacturing and services
facilities in the cement, lime, aggregates and
ready-mix concrete sectors.

Private

1998

28,071

6,137

6,137

Direct
investment

Alpha properties

Development, construction, renovation and Property and


management of properties in Gdansk, Sopot tourism
and Gdynia.

Private

1999

52,816

9,325

9,325

Direct
investment

Private Equity Fund Cofinancing Facility

Equity investment in small and mediumsized manufacturers.

Manufacturing
and services

Private

1999

111,655

13,867

13,867

Regional
investment

MBA loan project

Financial support for students undertaking


MBA degrees at top-tier business schools.

Bank lending

Private

1998

478

99

99

199

Direct
investment

Nordea Bank Polska

Financing for small and medium-sized


enterprises.

Bank lending

Private

1999

22,599

22,599

22,599

Poland

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Poland

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Danone multi-project facility

LU Polska

Investment in dairy, confectionery and


mineral water companies.

Agribusiness

Private

1999

81,643

23,514

23,514

Direct
investment

Bydgoszcz water

Modernisation of sewer system and


integration with newly constructed wastewater treatment plants.

Municipal and
environmental
infrastructure

State

1999

87,393

15,257

15,257

Direct
investment

EU/EBRD SME Finance


Facility

WBK

Financing for small and medium-sized


enterprises.

Bank lending

Private

1999

10,000

10,000

10,000

Regional
investment

Heitman Central Europe


Property Partners Fund

Property and
Investment in property projects, primarily
office buildings, warehousing/distribution and tourism
retail shopping centres.

Private

2000

34,189

9,430

9,430

Direct
investment

Polish dairy facility

WBK

Modernisation of 10-15 dairies and their


supplying farms to upgrade milk quality to
EU standards.

Bank lending

Private

2000

4,420

1,750

1,750

Direct
investment

EU/EBRD SME Finance


Facility

Bank Slaski

Financing for small and medium-sized


enterprises.

Bank lending

Private

2000

10,000

10,000

10,000

Regional
investment

Argus Capital Partners

Private equity fund supporting medium-sized Equity funds


enterprises.

Private

2000

38,931

8,607

8,607

Direct
investment

Telekomunikacja Polska

Joint EBRD/EIB guarantee facility for


telecommunications provider.

Telecoms,
Private
informatics and
media

1999

250,000

30,000

30,000

Direct
investment

Lafarge multi-project facility

Lafarge Polska

Acquisition, modernisation, expansion,


Manufacturing
construction and operation of manufacturing and services
facilities in the cement, lime, aggregates and
ready-mix concrete sectors.

Private

2000

100,800

45,318

45,318

Direct
investment

KZP - Poland (Trebruk)

Restructuring of pulp and paper mill.

Private

2000

51,286

22,125

22,125

Poland

Manufacturing
and services

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Poland

Type of
investment

Project name

Regional
investment

Description

Sector

Portfolio
Class

Accession Mezzanine Capital -

Establishment of first dedicated mezzanine


fund, supporting mature companies.

Equity funds

Private

2002

37,000

15,000

15,000

Direct
investment

Globe Trade Centre

Expansion of property developers portfolio


and future listing on the Warsaw Stock
Exchange.

Property and
tourism

Private

2000

17,115

17,115

17,115

Direct
investment

PKP restructuring and


privatisation

Restructuring and improvement of


productivity and competitiveness of rail
transport services.

Transport

State

2002

130,000

130,000

130,000

Direct
investment

CAIB investment

Provision of anchor capital for a number of


funds, including the third-pillar pension
programme.

Insurance and
financial
services

Private

2001

1,193

1,193

1,193

Direct
investment

EU/EBRD SME Finance


Facility

Fortis Bank Polska

Financing for small and medium-sized


enterprises.

Bank lending

Private

2000

10,000

10,000

10,000

Direct
investment

Energo-Asekuracja

Expansion of Polish insurers activities in the Insurance and


non-life sector and the life assurance sector. financial
services

Private

2000

26,495

5,209

5,209

Direct
investment

Wroclaw multi-sector municipal infrastructure

Modernisation of drinking water treatment


Municipal and
plant and sewerage network and upgrade of environmental
solid waste landfill.
infrastructure

State

2000

163,400

5,460

5,460

Direct
investment

Polish Enterprise Fund

Financing for small and medium-sized


enterprises.

Equity funds

Private

2000

163,635

48,047

48,047

Direct
investment

Europejski Fundusz
Leasingowy

Expansion of Poland's largest independent


equipment and vehicle lessors portfolio.

Insurance and
financial
services

Private

2001

75,000

35,000

35,000

Direct
investment

Kruszwica

Modernisation of edible oil production


facilities.

Agribusiness

Private

2000

4,013

1,239

1,239

Poland

Sub project

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Poland

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Pekao

Equity investment financing the bank's


interest-earning assets and technology
investments.

Bank equity

Private

2000

13,164

13,164

13,164

Regional
investment

Raiffeisen EU Enlargement
Fund

Private equity fund supporting small and


medium-sized enterprises in central and
eastern Europe.

Equity funds

Private

2001

13,662

6,582

6,582

Regional
investment

DVI Inc

Provision of medical equipment for hospitals Insurance and


and diagnostic centres.
financial
services

Private

2001

8,520

2,260

2,260

Direct
investment

Cementownia Chelm

Modernisation and restructuring of cement


producer.

Manufacturing
and services

Private

2000

26,076

26,076

26,076

Direct
investment

EMPiK Centrum

Modernisation and refurbishment of


department store and multi-media
bookstore.

Manufacturing
and services

Private

2000

12,348

12,348

12,348

Direct
investment

EU/EBRD SME Finance


Facility

Bank Zachodni

Financing for small and medium-sized


enterprises.

Bank lending

Private

2001

10,000

10,000

10,000

Direct
investment

Atrium

Construction of business centre and hotel.

Property and
tourism

Private

2000

80,980

14,500

14,500

Direct
investment

Hortex Holding

Restructuring of fruit and vegetable juice


producer.

Agribusiness

Private

2000

10,973

10,973

10,973

Direct
investment

EU/EBRD SME Finance


Facility

Pekao

Financing for small and medium-sized


enterprises.

Bank lending

Private

2001

20,000

20,000

20,000

Regional
investment

Innova/3

Private equity fund supporting small and


medium-sized enterprises.

Equity funds

Private

2001

56,498

6,698

6,698

Poland

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Poland

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Pekao

Equity investment financing the bank's


interest-earning assets and technology
investments.

Bank equity

Private

2000

42,996

42,996

42,996

Direct
investment

Nova Polonia Private Equity


Fund

Financing for small and medium-sized


enterprises.

Equity funds

Private

2001

30,050

10,000

10,000

Direct
investment

Sokolow

Consolidation and expansion of meat


processors operations.

Agribusiness

Private

2001

73,124

4,924

4,924

Regional
investment

Spearhead International

Expansion of food suppliers operations.

Agribusiness

Private

2001

5,489

5,489

5,489

Direct
investment

Polska Telefonica Cyfrowa

Construction of wireless telecommunications Telecoms,


Private
network.
informatics and
media

2001

656,062

81,062

81,062

Direct
investment

Danuta

Equity investment in pasta factory.

Agribusiness

Private

1997

4,033

4,033

4,033

Direct
investment

Rheinhyp-BRE Bank
Hipoteczny mortgage bond
purchase framework

Purchase of issued mortgage bonds and


support for banks commercial and
residential mortgage portfolio.

Insurance and
financial
services

Private

2002

30,403

30,403

30,403

Direct
investment

Rybnik sewerage network


development programme

Construction of sewerage network


connecting with the waste-water treatment
plant.

Municipal and
environmental
infrastructure

State

2001

112,721

19,721

19,721

Regional
investment

IKB co-financing risk


participation agreement
(guarantee)

Unfunded risk participation facility for


companies in the Czech Republic.

Bank lending

Private

2001

10,600

10,600

10,600

Direct
investment

Lukas Bank

Financing for small and medium-sized


enterprises.

Bank lending

Private

2001

21,322

21,322

21,322

Poland

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Poland

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

EU/EBRD SME Finance


Facility

Raiffeisen Leasing Polska

Financing for small and medium-sized


enterprises.

Insurance and
financial
services

Private

2002

10,431

10,431

10,431

Direct
investment

Belchatow II

Modernisation of power plant to bring it in


line with EU environmental standards.

Power and
energy

State

2006

1,855,694

69,061

69,061

Direct
investment

EU/EBRD SME Finance


Facility

BZ WBK

Financing for small and medium-sized


enterprises.

Bank lending

Private

2002

20,000

20,000

20,000

Direct
investment

EU/EBRD SME Finance


Facility

Fortis Bank Polska

Financing for small and medium-sized


enterprises.

Bank lending

Private

2001

10,000

10,000

10,000

Direct
investment

EU/EBRD SME Finance


Facility

Raiffeisen Bank Polska

Financing for small and medium-sized


enterprises.

Bank lending

Private

2002

10,345

3,621

3,621

Regional
investment

Black Sea Fund

Equity investment in medium-sized local


enterprises and facilitation of foreign direct
investment in the region.

Equity funds

Private

2002

1,379

420

420

Direct
investment

Skypet

Construction and installation of new PET


resin manufacturing facility.

Manufacturing
and services

Private

2002

59,045

18,288

18,288

Direct
investment

Sopot urban transport

Construction of essential road underpasses Municipal and


and improvement of traffic management.
environmental
infrastructure

State

2001

8,224

5,000

5,000

Direct
investment

Wroclaw Water financing


project

Upgrade of existing water treatment facility. Municipal and


environmental
infrastructure

State

2003

60,969

10,000

10,000

Direct
investment

EU/EBRD SME Finance


Facility

ING Bank Slaski

Financing for small and medium-sized


enterprises.

Private

2002

20,000

20,000

20,000

Poland

Bank lending

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Poland

Type of
investment

Project name

Sub project

Description

Regional
investment

DBG Osteuropa Holding


GmbH

Private equity fund supporting medium-sized Equity funds


enterprises.

Private

2003

21,780

6,600

6,600

Regional
investment

Danfoss debt facility for


industrial energy projects

Financing for energy efficiency projects in


selected east European breweries.

Private

2002

980

230

230

Regional
investment

Askembla Growth Fund

Private equity fund supporting medium-sized Equity funds


enterprises.

Private

2002

14,544

4,000

4,000

Direct
investment

EU/EBRD SME Finance


Facility

BZ WBK Leasing

Financing for small and medium-sized


enterprises.

Insurance and
financial
services

Private

2003

21,056

21,056

21,056

Direct
investment

Dalkia Multi-Project Facility II

Poznan cogeneration
privatisation

Privatisation of ZEC Poznan, the combined Municipal and


heat and power plant in Poznan.
environmental
infrastructure

Private

2002

94,748

21,748

21,748

Direct
investment

Raiffeisen Bank Polska

Financing for small and medium-sized


enterprises.

Bank lending

Private

2002

20,000

20,000

20,000

Direct
investment

EU/EBRD SME Finance


Facility

Europejski Fundusz
Leasingowy

Financing for small and medium-sized


enterprises.

Insurance and
financial
services

Private

2002

20,000

20,000

20,000

Regional
investment

Heitman Central Europe


Property Partners Fund

Property and
Investment in property projects, primarily
office buildings, warehousing/distribution and tourism
retail shopping centres.

Private

2002

24,799

8,050

8,050

Direct
investment

Basell Orlen Polyolefins

Development of petrochemical complex.

Private

2003

350,538

23,269

23,269

46,538

Direct
investment

Polonia Property Fund

Equity investment in regional property fund. Property and


tourism

Private

2003

125,000

25,000

25,000

Poland

Sector

Manufacturing
and services

Manufacturing
and services

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Poland

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Bank Inicjatyw SpolecznoEkonomicznych

Financing for municipalities and small and


medium-sized enterprises.

Bank equity

Private

2004

9,747

9,747

9,747

Direct
investment

EU/EBRD SME Finance


Facility

PKO BP

Financing for small and medium-sized


enterprises.

Bank lending

Private

2003

20,000

20,000

20,000

Direct
investment

City of Lodz road improvement project

Upgrade of Lodz section of Pan-European


Corridor VI and surrounding municipal
streets.

Municipal and
environmental
infrastructure

State

2002

18,980

6,582

6,582

Direct
investment

Intermarch - Pekao
Framework Financing

Financing for Intermarch franchisees and


development of 50 new outlets.

Agribusiness

Private

2003

61,687

3,813

3,813

Direct
investment

Dom Development SA

Development of new residential property


projects.

Property and
tourism

Private

2003

15,000

15,000

15,000

Regional
investment

Orco Aparthotels

Expansion of extended-stay hotel chain.

Property and
tourism

Private

2003

17,725

1,263

632

1,895

Regional
investment

Accession Fund

Property investments in the Czech Republic. Property and


tourism

Private

2004

120,000

30,000

30,000

Direct
investment

PKP Energetyka network


management project

Establishment of two control and metering


centres and procurement of railway
maintenance vehicles.

Transport

State

2004

14,700

11,500

11,500

Direct
investment

Aster City

Acquisition of Polish cable television and


broadband service provider.

Telecoms,
Private
informatics and
media

2003

140,149

23,749

23,749

Direct
investment

Bydgoszcz Water revenue


bond

Financing to enable consolidation and


improvements to the water and sewerage
system in Bydgoszcz.

Municipal and
environmental
infrastructure

2005

187,719

16,228

16,228

Poland

State

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Poland

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Exatel

Expansion of telecommunication providers


Polish network and acquisition of other
telecom companies.

Telecoms,
Private
informatics and
media

Direct
investment

Dalkia Multi-Project Facility II

Poznan cogeneration
privatisation

Privatisation of ZEC Poznan, the combined Municipal and


heat and power plant in Poznan.
environmental
infrastructure

Direct
investment

Patnow II

Direct
investment

EU/EBRD SME Finance


Facility

Direct
investment

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

2002

99,908

68,230

68,230

Private

2003

20,000

7,000

7,000

Construction of a new unit at the ZE Patnow Power and


Adamow Konin S.A. (PAK), a group of three energy
lignite-fired power plants.

Private

2005

550,000

62,780

62,780

SG Equipment Leasing
Polska

Financing for small and medium-sized


enterprises.

Private

2003

13,952

13,952

13,952

Europa distribution centre

Phased development of warehouse and light Property and


industrial buildings.
tourism

Private

2003

9,000

9,000

9,000

Regional
investment

Raiffeisen International

Equity investment supporting growth of


Bank equity
Raiffeisen International's business in Bosnia
and Herzegovina.

Private

2004

10,000

5,000

5,000

Regional
investment

Private Equity Fund Facility

Trigranit

Equity investment in leading commercial


property developer and operator.

Private

2004

9,040

160

160

Regional
investment

International Water United


Utilities

Acquisition of three water utility companies. Municipal and


environmental
infrastructure

Private

2003

2,832

1,032

1,032

Direct
investment

UNIQA TU

Equity investment in composite insurer.

Insurance and
financial
services

Private

2003

27,000

26,247

26,247

Direct
investment

UNIQA TU na Zycie

Equity investment in composite insurer.

Insurance and
financial
services

Private

2003

5,593

5,593

5,593

Poland

Insurance and
financial
services

Property and
tourism

EBRD Investments 1991-2009

Poland

Type of
investment

Project name

Sub project

Description

Direct
investment

Dalkia Multi-Project Facility II

Poznan cogeneration
privatisation

Privatisation of ZEC Poznan, the combined Municipal and


heat and power plant in Poznan.
environmental
infrastructure

Private

2004

50,835

4,235

4,235

Direct
investment

Celsa Huta Ostrowiec

Restructuring of steel mill.

Private

2004

52,165

20,000

20,000

Regional
investment

Polish Enterprise Fund V

Private equity fund investing in enterprises in Equity funds


Poland.

Private

2004

27,900

27,900

27,900

Direct
investment

Krakow public transport

Investment in public transport infrastructure Municipal and


and rolling stock to improve services.
environmental
infrastructure

State

2005

68,175

18,276

18,276

Regional
investment

Advent Central and Eastern


Europe Successor Fund

Private equity fund investing in Poland.

Equity funds

Private

2004

99,142

15,000

15,000

Direct
investment

Private Equity Fund Cofinancing Facility

Equity investment in small and mediumsized manufacturers.

Manufacturing
and services

Private

2004

30,494

2,526

2,526

Direct
investment

EU/EBRD SME Finance


Facility

Bankowy Fundusz
Leasingowy

Credit line for on-lending to small and


medium-sized businesses.

Insurance and
financial
services

Private

2005

14,620

14,620

14,620

Direct
investment

Spearhead (Top Farms)

Expansion of food suppliers operations.

Agribusiness

Private

2003

4,761

4,761

4,761

Direct
investment

Arka BZ WBK Property Market Fund

Investment in commercial and residential


property developments.

Property and
tourism

Private

2004

11,125

11,125

11,125

Direct
investment

EU/EBRD Rural Financing


Facility

Credit line for on-lending to small and


medium-sized businesses in rural areas.

Bank lending

Private

2006

15,000

15,000

15,000

Poland

Bank Gospodarki
Zywnosciowej

Sector

Manufacturing
and services

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Poland

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

EU/EBRD SME Finance


Facility

Raiffeisen Leasing Polska

Credit line for on-lending to small and


medium-sized businesses.

Insurance and
financial
services

Private

2005

5,000

5,000

5,000

Regional
investment

Europolis II

Development of commercial property


projects.

Property and
tourism

Private

2004

17,162

1,624

2,165

3,788

Direct
investment

Gdansk urban transport project -

Purchase of up to 35 new buses and


extension of tram tracks.

Municipal and
environmental
infrastructure

State

2004

6,965

6,579

6,579

Direct
investment

Dalkia Multi-Project Facility

Lodz cogeneration
privatisation

Acquisition of ZEC Lodz, a district heating


and cogeneration utility in Lodz.

Municipal and
environmental
infrastructure

Private

2004

219,441

39,120

39,120

Direct
investment

Kaufland Polska Markety

Support for strategic expansion of Kaufland Agribusiness


discount hypermarket chain.

Private

2005

153,644

75,384

75,384

Direct
investment

BPH Property Fund

Creation of a fund to purchase mediumsized property

Property and
tourism

Private

2005

12,351

12,351

12,351

Direct
investment

Krakow District Heating Project -

Modernisation of heating infrastructure to


increase energy efficiency and reduce
pollution.

Municipal and
environmental
infrastructure

State

2006

76,555

5,848

5,848

Direct
investment

EU/EBRD SME Finance


Facility

Deutsche Leasing Polska

Credit line for on-lending to small and


medium-sized businesses.

Insurance and
financial
services

Private

2005

10,000

10,000

10,000

Direct
investment

JWK

Investment in a property development


company.

Property and
tourism

Private

2005

15,332

10,332

10,332

Direct
investment

Private Equity Fund Cofinancing Facility

Equity investment in small and mediumsized manufacturers.

Agribusiness

Private

2004

53,900

8,000

8,000

Poland

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Poland

Type of
investment

Project name

Sub project

Description

Regional
investment

Volia Voda

Equity investment in Volia Voda enabling it Municipal and


to expand in central and eastern Europe,
environmental
Russian and Ukraine.
infrastructure

Private

2007

29,400

29,400

29,400

Direct
investment

Avallon

Investment in private equity firm.

Equity funds

Private

2007

12,000

12,000

12,000

Regional
investment

Argus Capital Partners II

Private equity fund supporting medium-sized Equity funds


enterprises. Successor to the Argus Capital
Partners fund.

Private

2005

4,000

4,000

4,000

Direct
investment

SPS Investment

Finance for a hotel in Warsaw.

Property and
tourism

Private

2005

101

101

101

Direct
investment

Private Equity Fund Cofinancing Facility

Restructuring of loan under facility.

Manufacturing
and services

Private

2005

13,867

13,867

13,867

Regional
investment

Emerging Europe
Convergence Fund II

Direct equity fund investing in central and


eastern Europe.

Equity funds

Private

2005

4,200

4,200

4,200

Direct
investment

EU/EBRD Rural Financing


Facility

BZ WBK Finance and


Leasing

Credit line for on-lending to small and


medium-sized businesses in rural areas.

Insurance and
financial
services

Private

2006

7,000

7,000

7,000

Direct
investment

EU/EBRD Rural Finance


Facility

BZ WBK Leasing

Credit line for on-lending to small and


medium-sized agribusinesses.

Insurance and
financial
services

Private

2005

5,000

5,000

5,000

Regional
investment

Volia Transport (formerly


Connex)

Equity funding to expand transport services. Municipal and


environmental
infrastructure

Private

2005

47,048

15,298

15,298

Regional
investment

SG AM Eastern Europe

Investment in consumer services and


manufacturing companies.

Private

2005

5,940

3,300

3,300

Poland

Sector

Equity funds

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Poland

Type of
investment

Project name

Sub project

Description

Direct
investment

Gliwice Environmental
Programme

Transfer of the Banks existing loan from the Municipal and


City of Gliwice to Gliwice PWiK
environmental
infrastructure

State

2005

53,140

15,000

15,000

Direct
investment

Dalkia Litesko

Additional equity financing for Dalkia Lodz forMunicipal and


the acquisition of the district heating
environmental
company.
infrastructure

Private

2005

7,406

7,406

7,406

Regional
investment

Alpha CEE II

Diversified regional private equity fund


dedicated to central and eastern Europe.

Equity funds

Private

2006

15,000

15,000

15,000

Regional
investment

Royalton Partners II

Equity financing for local service providers.

Equity funds

Private

2007

7,500

7,500

7,500

Direct
investment

Krakow Plaszow II

Modernisation and expansion of a wastewater plant.

Municipal and
environmental
infrastructure

State

2006

125,680

20,078

20,078

Regional
investment

Baltcap Private Equity Fund

Private equity fund investing primarily in


Estonia, Latvia, and Lithuania.

Equity funds

Private

2007

2,000

2,000

2,000

Direct
investment

Fagor Wrozamet Restructuring -

Modernisation of an existing plant and


construction of a new facility for a white
goods company.

Manufacturing
and services

Private

2006

68,800

17,500

17,500

Direct
investment

Nova Polonia Natexis II

Equity investment in a private equity fund.

Equity funds

Private

2006

25,000

25,000

25,000

Regional
investment

AIG New Europe Fund II

Equity funds
Regional private equity fund investing in
equity and equity securities of companies in
central and south-eastern Europe, subsidiary
of AIG Global Investment Group.

Private

2006

15,000

15,000

15,000

Regional
investment

Syntaxis Mezzanine Fund

Fund with a portfolio of Central European


investments, in various sectors.

Private

2007

10,400

10,000

10,000

Poland

Sector

Equity funds

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Poland

Type of
investment

Project name

Regional
investment

Description

Sector

Portfolio
Class

Accession Mezzanine Capital II -

Private equity fund investing in central and


south-eastern European as well as Russia
and Ukraine.

Equity funds

Private

2007

30,000

6,000

6,000

Direct
investment

Advent Polish Investment Fund -

To provide capital and management help to Equity funds


private companies.

Private

1994

2,214

2,214

2,214

Regional
investment

Arka Property Fund II

Second investment into a real estate fund.

Property and
tourism

Private

2008

18,295

18,295

18,295

Direct
investment

Celsa Huta Ostrowiec II

Loan for expansion and modernisation of a


steel mill.

Manufacturing
and services

Private

2007

158,000

78,000

78,000

Regional
investment

I Fund

Co-financing for small and medium-sized


enterprises.

Equity funds

Private

1995

2,984

2,984

2,984

Regional
investment

EnerCap

Private equity fund dedicated to investing in Power and


energy
renewable energy and energy efficiency
projects in central and south-eastern
Europe.

Private

2007

10,000

2,500

2,500

Direct
investment

Dalkia Poznan

Isolation of the EBRD's 10 per cent equity


stake in the company.

Private

2004

9,173

9,173

9,173

Regional
investment

Advent Central and Eastern


Europe IV

Support investment into central and south- Equity funds


eastern European and Ukrainian companies.

Private

2008

10,000

10,000

10,000

Direct
investment

Hotel Atrium

Standby facility for Polish hotel.

Private

2007

10,000

10,000

10,000

Regional
investment

ViaOne

Equity investment to support the commercial Telecoms,


Private
launch and development of ViaOne Europa informatics and
Holding's software platforms.
media

2008

1,694

1,000

1,000

Poland

Sub project

Municipal and
environmental
infrastructure

Property and
tourism

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Poland

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Tychowo Wind Farm

Construction of a 50MW wind farm.

Power and
energy

Private

2009

79,950

20,241

10,121

30,362

Regional
investment

ARX Private Equity Fund

Support for investment to companies


operating in central and south-eastern
Europe.

Equity funds

Private

2008

6,000

6,000

6,000

Regional
investment

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

4,000

4,000

4,000

Regional
investment

Aqualia Investment Venture

Equity in a new company that invests in


water concessions and acquires other
privately held water groups.

Municipal and
environmental
infrastructure

Private

2009

24,490

12,000

12,000

Direct
investment

EU/EBRD MSME preparatory Inicjatywa Micro


action

Credit line to Inicjatywa Micro in support of Small business Private


micro, small and medium-sized enterprises. finance

2009

2,924

975

975

Direct
investment

EU/EBRD Preparatory Action


Framework

Bank Wspolpracy
Europejskiej

Support for micro, small and medium-sized


enterprises.

Bank lending

Private

2008

8,041

8,041

8,041

Direct
investment

ENEA

Equity investment to support privatisation.

Power and
energy

Private

2008

514,558

48,558

48,558

Regional
investment

Asseco South Eastern Europe -

Participation in the initial public offering of an Telecoms,


Private
IT company.
informatics and
media

2009

7,500

7,500

7,500

Regional
investment

Syntaxis Mezzanine Fund II

Equity in a regional fund which aims to


Equity funds
strengthen corporate governance and build
institutions.

Private

2009

52,500

10,500

10,500

Direct
investment

Bydgoszcz Water

Additional financing to enable consolidation Municipal and


and improvements of the water and
environmental
sewerage system.
infrastructure

State

2009

147,425

29,241

29,241

Poland

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Poland

Type of
investment

Project name

Sub project

Description

Regional
investment

Resource Eastern European


Equity Partners I

Support for institution building and expansion Equity funds


of private equity, business improvement and
best ethics and governance.

Private

2009

50,400

15,000

15,000

Direct
investment

Saturn Biomass

Construction of the biomass facility and


modernisation of Saturn Management's
existing combined heat and power plant.

Power and
energy

Private

2009

105,874

30,000

30,000

Direct
investment

Polish Leasing

WBK L

Funding for further expansion of the lease


portfolio to mainly rural MSMEs in Poland.

Insurance and
financial
services

Private

2009

25,000

25,000

25,000

Direct
investment

Polish Leasing

WBK F&L

Funding for further expansion of the lease


portfolio to mainly rural MSMEs in Poland.

Insurance and
financial
services

Private

2009

25,000

25,000

25,000

Direct
investment

Europejski Fundusz
Leasingowy (EFL)

The loan will enable EFL to expand its lease Insurance and
portfolio to MSMEs in Poland.
financial
services

Private

2009

70,585

70,585

70,585

Regional
investment

Heitman Eastern European


Property Fund

An equity investment into Heitman European Property and


Property Partners IV, an investment vehicle tourism
pursuing long-term capital appreciation
through real estate investments.

Private

2009

22,775

3,750

3,750

Direct
investment

Project Thaler - Gethin Noble

Intermediation of cross-currency basis swap. Insurance and


financial
services

Private

2009

30,000

6,000

6,000

Regional
investment

Asseco South Eastern Europe -

Participation in the initial public offering of an Telecoms,


Private
IT company.
informatics and
media

2009

3,500

3,500

3,500

Direct
investment

Bank DNB Nord Polska

Bank lending
Enabling the provision of new loans to
MSME clients throughout Poland and funding
to the real economy.

Private

2009

31,678

15,839

15,839

Direct
investment

Millennium Bank

Loan to improve Bank Millenniums funding Bank lending


structure and to support its efforts to
increase lending in the SME market.

Private

2009

100,000

100,000

100,000

Poland

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Romania

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Agribusiness development
project

Advisory services to Banca Agricola.

Bank lending

Private

1992

48,547

48,547

48,547

Direct
investment

Bucharest wholesale market

Construction of wholesale market and


establishment of eight rural assembly and
supply markets.

Agribusiness

State

1994

27,149

17,313

17,313

Direct
investment

Banca Agricola

Improvement and modernisation of


information technology system.

Bank equity

Private

1994

17,558

4,685

4,685

Direct
investment

Romanian Development Bank (BRD)

Financing for small and medium-sized


enterprises.

Bank lending

State

1994

5,356

5,356

5,356

Direct
investment

Rom Telecom

Private
Connection of new subscribers, construction Telecoms,
of long-distance overlay digital network and informatics and
expansion of international capacity and local media
networks.

1992

549,200

142,000

142,000

Direct
investment

Emcom-Siemens

Manufacture of telecommunications
equipment.

Telecoms,
Private
informatics and
media

1993

26,843

7,414

7,414

Direct
investment

Alpha Bank Romania

Equity investment in Alpha Bank Romania.

Bank equity

Private

1993

14,287

1,387

1,387

Direct
investment

Petroleum pilot modernisation project

Improvement of productivity at selected


oilfields.

Natural
Resources

State

1992

25,541

18,952

18,952

Direct
investment

NAR restructuring and road


rehabilitation project

Restructuring of National Administration of


Roads (NAR) and upgrade of 224 km of
roads.

Transport

State

1993

353,919

55,482

55,482

Direct
investment

Virolite

Financing for ion-exchange resin


manufacturing plant.

Manufacturing
and services

Private

1993

26,625

7,578

3,789

11,367

Romania

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Romania

Type of
investment

Project name

Sub project

Description

Direct
investment

Coca-Cola Bihor and Iasi

Construction and purchase of equipment for Agribusiness


two soft-drink bottling plants and
development of distribution network.

Private

1993

17,338

3,460

3,460

Direct
investment

Athenee Palace (Bucharest)

Refurbishment and expansion of hotel.

Property and
tourism

Private

1994

36,813

9,904

9,904

Regional
investment

Euromerchant Balkan Fund

Equity investment in venture capital fund


supporting small and medium-sized private
joint ventures.

Equity funds

Private

1994

3,629

3,629

3,629

Direct
investment

Municipal utilities development programme

Renovation and upgrade of municipal water Municipal and


supply and waste-water infrastructure.
environmental
infrastructure

State

1995

48,956

19,419

19,419

Direct
investment

Tiriac Bank

Equity investment and financing for small


and medium-sized enterprises.

Bank equity

Private

1993

7,003

7,003

7,003

Direct
investment

Capital

Establishment of advisory and investment


institution.

Insurance and
financial
services

Private

1993

4,504

1,704

1,704

Direct
investment

Eurovision

Design, supply and installation of earth


Telecoms,
State
station linked to the Eurovision Network via informatics and
satellite.
media

1992

694

694

694

Direct
investment

Bucharest-Pitesti motorway

Upgrade of 96 km of motorway.

State

1996

71,711

36,826

36,826

Direct
investment

Rompak

Construction of modern yeast manufacturing Agribusiness


facility and production of high-quality baker's
yeast.

Private

1996

21,153

5,201

5,201

Direct
investment

Bank Coop

Financing for small and medium-sized


enterprises.

Private

1994

3,722

3,722

3,722

Romania

Sector

Transport

Bank lending

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Romania

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Tiriac Bank

Financing for small and medium-sized


enterprises.

Bank lending

Private

1995

13,871

13,871

13,871

Direct
investment

Leventis Group

Extension of Coca-Cola Bihor and Iasi loan. Agribusiness

Private

1995

15,604

2,988

2,988

Direct
investment

Railway rehabilitation

Restructuring of Romanian Railways


(SNCFR) and upgrade of infrastructure.

State

1996

362,548

47,566

47,566

Direct
investment

Municipal utilities development programme

Renovation and upgrade of municipal water Municipal and


supply and waste-water infrastructure.
environmental
infrastructure

State

1997

137,695

52,015

52,015

Direct
investment

Rom Telecom

Privatisation of Romania's
telecommunications operator.

Telecoms,
Private
informatics and
media

1998

456,107

69,353

69,353

Direct
investment

Energy conservation and SME credit line

Credit line to assist general and energy


conservation projects.

Bank lending

Private

1996

8,827

6,053

6,053

Direct
investment

Power sector operational


efficiency improvement

Upgrade of five CHP generation plants and Power and


transmission networks and installation of
energy
metering equipment.

State

1995

120,271

57,151

57,151

Direct
investment

Romanian Development Bank (BRD)

Financing for small and medium-sized


enterprises.

Bank lending

Private

1994

31,388

31,388

31,388

Regional
investment

MBA loan project

Financial support for students undertaking


MBA degrees at top-tier business schools.

Bank lending

Private

1995

852

272

204

476

Direct
investment

Banca Agricola

Credit line providing medium to long-term


financing for agribusiness companies.

Bank lending

Private

1995

10,403

10,403

10,403

Romania

Termoeletrica

Transport

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Romania

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Danube Fund

Financing for small and medium-sized


enterprises.

Equity funds

Private

1996

13,624

3,429

3,429

Direct
investment

Prompt

Modernisation of textile manufacturers


existing plants, as well as acquisition and
construction of new plants.

Manufacturing
and services

Private

1996

9,908

3,124

3,124

Direct
investment

United Romanian Breweries

Construction of brewery and development of Agribusiness


distribution system.

Private

1996

42,009

7,333

7,333

Direct
investment

Regional water and


environment programme

Upgrade of water supply and waste-water


infrastructure in the Jui Valley.

Municipal and
environmental
infrastructure

State

1996

36,032

11,096

11,096

Direct
investment

NAR restructuring and road


rehabilitation project

Restructuring of National Administration of


Roads (NAR) and upgrade of 224 km of
roads.

Transport

State

1996

429,064

59,574

59,574

Direct
investment

Thermal energy conservation


project

Restructuring and modernisation of district


heating network and introduction of
affordable, cost-reflective pricing.

Municipal and
environmental
infrastructure

State

1997

70,493

30,863

30,863

Direct
investment

Arctic

Privatisation and modernisation of leading


Romanian white goods manufacturer.

Manufacturing
and services

Private

1997

36,092

9,566

3,826

13,392

Direct
investment

Alpha Bank Romania

Equity investment in Alpha Bank Romania.

Bank equity

Private

1997

12,801

1,843

1,843

Direct
investment

Mobifon Romania GSM

Deployment and operation of national GSM Telecoms,


Private
network.
informatics and
media

1997

276,318

71,727

71,727

Direct
investment

Sical

Modernisation of pulp and paper production Manufacturing


facilities and improvement of environmental and services
conditions.

1999

48,375

6,000

6,000

Romania

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Romania

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Virolite

Financing for ion-exchange resin


manufacturing plant.

Manufacturing
and services

Private

1997

1,387

1,387

1,387

Direct
investment

EPH grain handling project

Construction of grain storage and handling


facilities at the Port of Constanta.

Agribusiness

Private

1998

18,078

6,686

6,686

Regional
investment

Baring Communications

Private equity fund targeting the media and Telecoms,


Private
communications sector.
informatics and
media

1997

5,521

1,239

1,239

Direct
investment

SNP Petrom

Restructuring and pre-privatisation of oil and Natural


gas company.
Resources

Private

2002

77,814

50,628

50,628

Direct
investment

Bank Post

Financing for small and medium-sized


enterprises.

Bank equity

Private

1998

24,180

17,244

17,244

Regional
investment

Black Sea Fund

Equity investment in medium-sized local


enterprises and facilitation of foreign direct
investment in the region.

Equity funds

Private

1998

17,062

6,867

6,867

Direct
investment

Italian-Romanian industrial
development enterprise

Development, construction, letting and


management of international-standard
warehouse projects.

Property and
tourism

Private

1998

69,724

21,790

3,632

25,422

Direct
investment

Parmalat multi-project facility

Financing for Parmalat's dairy and food


industry projects in the region.

Agribusiness

Private

1998

12,092

2,092

2,092

Regional
investment

Advent Central and Eastern


Europe Fund II

Private equity fund supporting small and


medium-sized enterprises in central and
eastern Europe.

Equity funds

Private

1997

8,893

3,488

3,488

Direct
investment

Romania National Power Grid Company

Establishment of national transmission


company and upgrade of existing lines and
communications.

Power and
energy

State

2000

142,353

35,697

35,697

Romania

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Romania

Type of
investment

Project name

Sub project

Description

Direct
investment

Lafarge multi-project facility

Romcim

Acquisition and upgrade of cement


Manufacturing
manufacturing and related building material and services
plants.

Private

1998

186,921

69,903

69,903

Direct
investment

IMGB and FECNE

Privatisation and modernisation of two heavy Manufacturing


engineering plants.
and services

Private

1998

30,816

5,242

5,242

Direct
investment

Tiriac Bank

Equity investment and financing for small


and medium-sized enterprises.

Bank equity

Private

1998

2,793

2,793

2,793

Regional
investment

Innova/98

Private equity fund supporting small and


medium-sized enterprises.

Equity funds

Private

1998

8,571

1,988

1,988

Regional
investment

AIG New Europe Fund

Private equity fund investing in central and


eastern Europe.

Equity funds

Private

1999

35,059

6,910

6,910

Regional
investment

Central and Eastern Europe


Power Fund

Investment in private sector projects in


power generation, transmission and district
heating.

Power and
energy

Private

1999

1,429

436

436

Direct
investment

Mobifon Romania GSM

Deployment and operation of national GSM Telecoms,


Private
network.
informatics and
media

1999

104,237

5,305

5,305

Direct
investment

Danone multi-project facility

Danone SRL

Financing for yoghurt manufacturer.

Agribusiness

Private

1998

23,928

7,235

7,235

Regional
investment

Energy Efficiency and


Emissions Reduction Fund

Equity financing for energy efficiency and


emission-reducing projects.

Power and
energy

Private

1999

10,650

3,000

3,000

Direct
investment

Romanian Development Bank -

Purchase of 5 per cent share in bank.

Bank equity

Private

1999

159,175

20,469

20,469

Romania

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Romania

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Banca Transilvania

Institutional development of commercial


bank.

Bank equity

Private

2001

6,842

6,842

6,842

Regional
investment

MBA loan project

Financial support for students undertaking


MBA degrees at top-tier business schools.

Bank lending

Private

1998

184

38

38

77

Direct
investment

Fibrex

Privatisation and restructuring of nylon


producer.

Manufacturing
and services

Private

2000

55,000

10,000

10,000

Direct
investment

Dalkia ESCO Romania

Establishment, acquisition or expansion and Municipal and


operation of energy service companies
environmental
(ESCOs).
infrastructure

Private

1999

17,558

1,880

1,880

Direct
investment

EU/EBRD SME Finance


Facility

Banca Transilvania

Financing for small and medium-sized


enterprises.

Bank lending

Private

1999

4,663

4,663

4,663

Regional
investment

Private Equity Fund Facility

Trigranit

Equity investment in leading commercial


property developer and operator.

Property and
tourism

Private

1999

6,534

1,361

1,361

Direct
investment

Victoria Centre offices

Development, construction and management Property and


of office building.
tourism

Private

2000

18,899

4,451

4,451

Direct
investment

US/EBRD SME Finance


Facility

ProCredit Romania

Financing for micro and small enterprises.

Small business Private


finance

2002

29,246

2,280

2,280

Direct
investment

CFR city stations enhancement project

Refurbishment of five city railway stations,


improving passenger amenities and
increasing commercial space.

Transport

State

2003

27,850

24,000

24,000

Direct
investment

Road sector restructuring and Pitesti by-pass

Further restructuring of road sector and


construction of Pitesti by-pass, part of Pan
European Corridor IV.

Transport

State

2001

114,120

60,000

60,000

Romania

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Romania

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

EU/EBRD SME Finance


Facility

Euroventures Danube

Private equity fund supporting small and


medium-sized enterprises.

Equity funds

Private

2001

142

15

15

Regional
investment

TBIH Financial Services

Expansion of insurance and pension


operations in central and eastern Europe.

Insurance and
financial
services

Private

2000

4,271

857

1,714

2,571

Regional
investment

Innova/3

Private equity fund supporting small and


medium-sized enterprises.

Equity funds

Private

2001

37,665

4,465

4,465

Direct
investment

EU/EBRD SME Finance


Facility

Banca Comerciala Romana Financing for small and medium-sized


enterprises.

Bank lending

Private

2001

20,000

20,000

20,000

Direct
investment

Municipal and Environmental


Loan Facility

Constanta

Upgrade and extension of waste-water


treatment plants.

Municipal and
environmental
infrastructure

State

2000

102,600

20,000

20,000

Direct
investment

Sidex

Privatisation and restructuring of Romanian Manufacturing


steel plant.
and services

Private

2001

110,965

69,353

69,353

Direct
investment

Municipal and Environmental


Loan Facility

Iasi

Upgrade and extension of waste-water


treatment plants.

State

2001

55,000

13,200

13,200

Direct
investment

Interamerican Romania

Expansion of insurance, health care, pension Insurance and


management, asset management and
financial
banking operations.
services

Private

2002

2,358

2,358

2,358

Direct
investment

US/EBRD SME Finance


Facility

Banca Romaneasca

Financing for micro and small enterprises.

Small business Private


finance

2003

3,468

2,774

2,774

Regional
investment

Europolis

Development of regional real estate portfolio Property and


of 15 to 20 property assets.
tourism

2001

77,662

10,500

15,750

26,250

Romania

Municipal and
environmental
infrastructure

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Romania

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Municipal and Environmental


Loan Facility

Arad

Upgrade and extension of waste-water


treatment plants.

Municipal and
environmental
infrastructure

State

2001

20,150

4,500

4,500

Direct
investment

Power sector operational


efficiency improvement

Termoeletrica

Upgrade of five CHP generation plants and Power and


transmission networks and installation of
energy
metering equipment.

State

1995

30,732

30,732

30,732

Direct
investment

Municipal and Environmental


Loan Facility

Brasov

Upgrade and extension of waste-water


treatment plants.

Municipal and
environmental
infrastructure

State

2002

58,700

14,500

14,500

Direct
investment

Apa Nova water treatment


plant

Completion of water treatment plant in


Bucharest.

Municipal and
environmental
infrastructure

Private

2002

165,099

65,357

65,357

Direct
investment

Michelin Romania

Manufacturing
Modernisation, production upgrade,
technology transfer and increase of output at and services
tyre manufacturer.

Private

2001

65,772

20,693

20,693

Direct
investment

Power sector operational


efficiency improvement

Transeletrica

Upgrade of five CHP generation plants and Power and


transmission networks and installation of
energy
metering equipment.

State

1995

67,480

26,790

26,790

Direct
investment

EU/EBRD SME Finance


Facility

Alpha Bank Romania

Financing for small and medium-sized


enterprises.

Bank lending

Private

2001

10,000

10,000

10,000

Regional
investment

Efes EBI

Financing for Efes breweries.

Agribusiness

Private

2002

2,568

819

819

Direct
investment

EU/EBRD SME Finance


Facility

Banca Transilvania

Financing for small and medium-sized


enterprises.

Bank lending

Private

2002

4,297

4,297

4,297

Regional
investment

Black Sea Fund

Equity investment in medium-sized local


enterprises and facilitation of foreign direct
investment in the region.

Equity funds

Private

2002

8,274

2,518

2,518

Romania

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Romania

Type of
investment

Project name

Direct
investment

Bucharest multi-sector project -

Improvement of transport and district heating Municipal and


services and renovation of infrastructure in environmental
Bucharest's historic zone.
infrastructure

State

2003

27,500

16,250

16,250

Direct
investment

Domenia Credit

Establishment of mortgage company.

Insurance and
financial
services

Private

2003

21,393

4,493

6,739

11,232

Regional
investment

Billa

Expansion of supermarket chain.

Agribusiness

Private

2003

62,895

7,875

7,875

Direct
investment

EU/EBRD SME Finance


Facility

Volksbank Romania

Financing for small and medium-sized


enterprises.

Bank lending

Private

2002

10,000

10,000

10,000

Direct
investment

EU/EBRD SME Finance


Facility

Bank Post Romania

Financing for small and medium-sized


enterprises.

Bank lending

Private

2002

10,000

3,857

3,857

Direct
investment

EU/EBRD SME Finance


Facility

RZB Leasing Romania

Financing for small and medium-sized


enterprises.

Insurance and
financial
services

Private

2003

5,000

1,700

1,700

Direct
investment

Municipal and Environmental


Loan Facility

Oradea

Upgrade of waste-water treatment plants in Municipal and


Oradea.
environmental
infrastructure

State

2004

19,365

2,665

2,665

Direct
investment

EU/EBRD SME Finance


Facility

Raiffeisen Bank Romania

Financing for small and medium-sized


enterprises.

Private

2002

15,000

6,917

6,917

Direct
investment

EU/EBRD SME Finance


Facility

Alpha Leasing

Credit lines to Alpha Leasing for on-lending Insurance and


to small and medium-sized businesses.
financial
services

Private

2004

5,000

5,000

5,000

Regional
investment

Heitman Central Europe


Property Partners Fund

Property and
Investment in property projects, primarily
office buildings, warehousing/distribution and tourism
retail shopping centres.

Private

2002

6,469

2,100

2,100

Romania

Sub project

Description

Sector

Bank lending

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Romania

Type of
investment

Project name

Sub project

Description

Direct
investment

Mobifon Romania GSM

Deployment and operation of national GSM Telecoms,


Private
network.
informatics and
media

2002

209,619

57,043

57,043

Direct
investment

Romanian Industrial Energy


Efficiency Fund

Investments in on-site cogeneration systems Manufacturing


to reduce energy consumption.
and services

Private

2003

7,128

3,128

3,128

Direct
investment

LNM Holdings

Privatisation and restructuring of Romanian Manufacturing


steel plant.
and services

Private

2002

69,353

29,128

29,128

Direct
investment

Regional operating company Apa Soames

Laying the foundations for a regional water


operator to promote sustainability.

Municipal and
environmental
infrastructure

State

2005

39,000

7,200

7,200

Direct
investment

Banca Comerciala Romana

Credit line providing long-term mortgage


loans.

Bank lending

Private

2003

38,953

38,953

38,953

Regional
investment

Orco Aparthotels

Expansion of extended-stay hotel chain.

Property and
tourism

Private

2003

17,725

1,263

632

1,895

Direct
investment

Banca Comerciala Romana

Pre-privatisation equity investment,


supporting financial sector reform.

Bank equity

Private

2003

174,766

97,785

97,785

Direct
investment

Municipal and Environmental


Loan Facility

Targu Mures

Upgrade and extension of waste-water


treatment plants.

Municipal and
environmental
infrastructure

State

2003

27,900

7,000

7,000

Direct
investment

EU/EBRD SME Finance


Facility

Banca Comerciala Romana Financing for small and medium-sized


enterprises.

Bank lending

Private

2002

20,000

20,000

20,000

Regional
investment

Carmeuse Eastern Europe

Manufacturing
and services

Private

2004

67,320

7,864

7,864

Romania

Expansion of lime producers operations in


Romania.

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Romania

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

EU/EBRD SME Finance


Facility

BRD Sogelease

Financing for small and medium-sized


enterprises.

Insurance and
financial
services

Private

2003

10,000

10,000

10,000

Regional
investment

EU/EBRD SME Finance


Facility

Global Growth Fund

Financing for small and medium-sized


enterprises.

Equity funds

Private

2003

10,375

3,250

3,250

Direct
investment

Wienerberger

Construction of brick factory.

Manufacturing
and services

Private

2003

18,000

2,000

2,000

Direct
investment

Municipal and Environmental


Loan Facility

Sibiu

Upgrade of waste-water treatment plants in Municipal and


Sibiu.
environmental
infrastructure

State

2004

37,588

5,000

5,000

Direct
investment

Banc Post mortgage loan

Credit line providing long-term mortgage


loans.

Bank lending

Private

2003

17,158

17,158

17,158

Direct
investment

US/EBRD SME Finance


Facility

ProCredit Romania

Financing for micro and small enterprises.

Small business Private


finance

2003

3,247

670

670

Direct
investment

Banca Transilvania

Credit line to assist small and medium-sized Bank lending


enterprises.

Private

2003

4,544

4,544

4,544

Direct
investment

Terapia SA

Equity investment in Romanian


pharmaceutical company.

Private

2003

33,199

4,418

4,418

Regional
investment

Raiffeisen International

Equity investment supporting growth of


Bank equity
Raiffeisen International's business in Bosnia
and Herzegovina.

Private

2004

30,000

15,000

15,000

Regional
investment

Private Equity Fund Facility

Trigranit

Equity investment in leading commercial


property developer and operator.

Private

2004

4,520

80

80

Romania

Manufacturing
and services

Property and
tourism

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Romania

Type of
investment

Project name

Sub project

Description

Sector

Direct
investment

Astral Telecom

Expansion and modernisation of cable


television network.

Telecoms,
Private
informatics and
media

2003

29,291

4,855

4,855

Direct
investment

Transelectrica

Construction of overhead transmission line


between Romania and Hungary.

Power and
energy

State

2004

24,823

11,550

11,550

Direct
investment

Constanta by-pass project

Building and maintenance of the Constanta Transport


by-pass.

State

2005

204,190

136,940

136,940

Direct
investment

Municipal and Environmental


Loan Facility

Timisoara

Upgrade and extension of waste-water


treatment plants.

Municipal and
environmental
infrastructure

State

2003

6,366

3,603

3,603

Direct
investment

Municipal and Environmental


Loan Facility

Bacau

Upgrade of waste-water treatment plants in Municipal and


Bacau.
environmental
infrastructure

State

2004

52,500

7,000

7,000

Direct
investment

HVB Bank Romania

Credit line providing long-term mortgage


loans.

Bank lending

Private

2004

10,000

10,000

10,000

Regional
investment

TUI advance payments

Upgrade and expansion of hotels in


Romania.

Property and
tourism

Private

2003

810

810

810

Direct
investment

Banca Romaneasca

Equity investment to maintain 10 per cent


stake.

Bank equity

Private

2005

22,237

22,237

22,237

Direct
investment

Bucharest multi-sector project (Radet)

Improvement of transport and district heating Municipal and


services and renovation of infrastructure in environmental
Bucharest's historic zone.
infrastructure

State

2003

33,915

17,750

17,750

Direct
investment

Constanta Port

Construction of new barge terminal.

State

2004

23,900

16,000

16,000

Romania

Transport

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Romania

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

EU/EBRD SME Finance


Facility

Alpha Bank Romania

Financing for small and medium-sized


enterprises.

Bank lending

Private

2003

10,000

10,000

10,000

Regional
investment

Polish Enterprise Fund V

Private equity fund investing in enterprises in Equity funds


Romania.

Private

2004

4,650

4,650

4,650

Regional
investment

Advent Central and Eastern


Europe Successor Fund

Private equity fund investing in Romania.

Equity funds

Private

2004

49,571

7,500

7,500

Direct
investment

EU/EBRD SME Finance


Facility

BT Leasing

Financing for small and medium-sized


enterprises.

Insurance and
financial
services

Private

2003

5,000

5,000

5,000

Direct
investment

Banca Transilvania mortgage


loan

Credit line providing long-term mortgage


loans.

Bank lending

Private

2003

10,000

10,000

10,000

Direct
investment

Tiriac Bank

Equity investment and financing for small


and medium-sized enterprises.

Bank equity

Private

2003

12,159

1,829

1,829

3,659

Direct
investment

Cora

Expansion of hypermarket operations.

Agribusiness

Private

2004

50,000

31,768

31,768

Direct
investment

US/EBRD SME Finance


Facility

ProCredit Romania

Financing for micro and small enterprises.

Small business Private


finance

2003

7,440

4,900

4,900

Direct
investment

Towers

Construction, letting and management of


retail and office space.

Property and
tourism

Private

2004

33,900

11,865

11,865

Direct
investment

Wienerberger

Expansion of brick producer.

Manufacturing
and services

Private

2004

7,600

4,600

4,600

Romania

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Romania

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Bucharest waste-water
treatment plant

Funding for construction of a waste-water


treatment plant for Bucharest.

Municipal and
environmental
infrastructure

State

2006

108,300

10,000

10,000

Direct
investment

Distrigaz Sud

Support for the privatisation of gas


distribution company.

Power and
energy

Private

2005

304,322

31,041

31,041

Regional
investment

Southeast Europe Equity Fund II

Equity fund investing in private funds in southEquity funds


eastern Europe.

Private

2005

7,247

7,247

7,247

Direct
investment

SNP Petrom

Equity investment in oil and gas company.

Natural
Resources

Private

2004

55,420

55,420

55,420

Direct
investment

Kronospan

Sebes

Acquisition of medium density fibreboard


(MDF) and resin plant.

Manufacturing
and services

Private

2004

185,000

36,296

36,296

Direct
investment

Stirom

Refurbishment of Stirom glassworks

Agribusiness

Private

2005

17,200

10,000

10,000

Direct
investment

EBRD/EIF SME Guarantee


Facility

Raiffeisen Bank Romania

Credit line for on-lending to small and


medium-sized businesses.

Bank lending

Private

2004

6,000

1,750

1,750

Regional
investment

Europolis II

Development of commercial property


projects.

Property and
tourism

Private

2004

34,325

3,247

4,330

7,577

Direct
investment

EU/EBRD SME Finance


Facility

BCR Leasing

Credit lines to BCR Leasing for on-lending to Insurance and


small and medium-sized businesses.
financial
services

Private

2004

10,000

10,000

10,000

Direct
investment

Iasi district heating project

Upgrading of municipal district heating


distribution.

State

2005

30,856

12,646

12,646

Romania

Municipal and
environmental
infrastructure

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Romania

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Banca Transilvania

Subscription of newly issued shares in


Banca Transilvania.

Bank equity

Private

2004

1,255

1,255

1,255

Direct
investment

Soufflet Malt Romania

Improvement barley production and


collection techniques.

Agribusiness

Private

2004

11,500

3,500

3,500

Direct
investment

Kronospan

Sepal

Acquisition of particleboard plant.

Manufacturing
and services

Private

2004

65,000

33,704

33,704

Direct
investment

Banca Post

Credit line providing long-term mortgage


loans.

Bank lending

Private

2004

20,000

20,000

20,000

Direct
investment

Banca Transilvania syndicated loan

Expansion of lending operations to small and Bank lending


medium-sized corporate and retail
businesses.

Private

2004

22,500

7,500

7,500

Direct
investment

Eurex Alimentare

Expansion of biscuit manufacturer.

Private

2004

13,454

4,508

4,508

Direct
investment

Arad Urban transport


programme

Investment in public transport infrastructure Municipal and


and overall performance.
environmental
infrastructure

State

2005

31,800

15,000

15,000

Direct
investment

Sibiu urban transport preaccession project

Investment to improve key infrastructure


including street refurbishment and public
lighting.

State

2005

17,790

14,990

14,990

Direct
investment

EU/EBRD Municipal Finance


Facility

Banca Comerciala Romana Credit line for on-lending to small and


Bank lending
medium-sized municipalities and their utility
companies.

Private

2004

22,000

20,000

20,000

Direct
investment

ProCredit Bank Romania

Small business Private


finance

2005

12,390

3,080

3,080

Romania

Financing for micro and small enterprises.

Agribusiness

Municipal and
environmental
infrastructure

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Romania

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

EU/EBRD SME Finance


Facility

CEC Romania

Credit line for on-lending to small and


medium-sized businesses.

Bank lending

Private

2005

10,000

10,000

10,000

Direct
investment

Tenaris Steel Plant

Upgrading technology and increasing


production of stainless steel products.

Manufacturing
and services

Private

2006

10,000

10,000

10,000

Regional
investment

Global Property Fund

Equity investment in property.

Property and
tourism

Private

2005

75,000

17,250

17,250

Direct
investment

Transgaz Carbon Credit

Finance for an energy efficiency and


environmental management project.

Natural
Resources

Private

2007

788

788

788

Direct
investment

Egger

Construction of a chipboard plant.

Manufacturing
and services

Private

2005

126,999

60,999

60,999

Regional
investment

TIW Czech N.V

Equity investment in wireless


telecommunications service provider.

Telecoms,
Private
informatics and
media

2005

17,954

17,954

17,954

Direct
investment

EU/EBRD SME Finance


Facility

OTP Romania (RoBank)

Credit line for on-lending to small and


medium-sized businesses.

Bank lending

Private

2006

10,000

10,000

10,000

Direct
investment

Bacau Solid Waste


Management

Programme to create a new landfill site and Municipal and


improve waste collection facilities.
environmental
infrastructure

State

2006

20,000

5,000

5,000

Direct
investment

Tnuva Romania Dairies

Development of a dairy complying with EU


standards, milk farm and livestock feeding
centre.

Agribusiness

Private

2005

50,000

9,632

9,632

Regional
investment

Argus Capital Partners II

Private equity fund supporting medium-sized Equity funds


enterprises. Successor to the Argus Capital
Partners fund.

Private

2005

3,000

3,000

3,000

Romania

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Romania

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

CFR rail traction project

Priority investment in CFR traction energy


company.

Transport

State

2005

26,700

22,500

22,500

Direct
investment

Banca Transilvania

Investment to provide additional capital to


maintain growth.

Bank equity

Private

2005

2,217

2,217

2,217

Regional
investment

Emerging Europe
Convergence Fund II

Direct equity fund investing in central and


eastern Europe.

Equity funds

Private

2005

6,000

6,000

6,000

Direct
investment

Timisoara District Heating

Increasing efficiency to improve quality and Municipal and


supply of heating.
environmental
infrastructure

State

2006

20,500

10,000

10,000

Direct
investment

Brasov urban transport project company loan

Purchase of 130 new buses and a street


upgrading programme.

Municipal and
environmental
infrastructure

State

2005

18,000

10,000

10,000

Regional
investment

7L Capital Partners

Regional private equity fund investing


primarily in south-eastern Europe.

Equity funds

Private

2006

22,050

9,000

9,000

Direct
investment

EU/EBRD SME Finance


Facility

Alpha Bank

Credit line for on-lending to small and


medium-sized businesses.

Bank lending

Private

2005

6,558

4,558

4,558

Regional
investment

Capital Media

Long-term financing enabling extension of


operations for TV broadcaster operating in
central and eastern Europe.

Telecoms,
Private
informatics and
media

2006

12,000

6,000

6,000

Direct
investment

Banca Comerciala Romana

Credit line providing long-term mortgage


loans.

Bank lending

Private

2005

8,000

8,000

8,000

Regional
investment

European Fund for Southeast Europe

Privately managed public/private investment Small business Private


fund which will provide financing for micro, finance
small and medium-sized businesses as well
as housing and rural finance in south-eastern
Europe.

2006

2,000

2,000

2,000

Romania

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Romania

Type of
investment

Project name

Direct
investment

Arges Country Regional Solid Waste

Programme to create a new landfill site and Municipal and


improve waste collection facilities.
environmental
infrastructure

State

2006

24,125

6,125

6,125

Direct
investment

Brasov urban transport project city loan

Upgrading of streets located along major


public transport routes in the city.

Municipal and
environmental
infrastructure

State

2005

17,977

9,984

9,984

Direct
investment

EU/EBRD SME Finance


Facility

BCR Leasing

Credit line for on-lending to small and


medium-sized businesses.

Insurance and
financial
services

Private

2005

5,000

5,000

5,000

Regional
investment

SigmaBleyzer Southeast
European Fund IV CV

Private equity fund.

Equity funds

Private

2005

7,500

7,500

7,500

Regional
investment

SG AM Eastern Europe

Investment in consumer services and


manufacturing companies.

Equity funds

Private

2005

1,080

600

600

Direct
investment

Brasov County Road

Funding for the upgrade of county roads.

Municipal and
environmental
infrastructure

State

2006

14,464

10,129

10,129

Direct
investment

EU/EBRD SME Finance


Facility

Volksbank Leasing Romania Credit line for on-lending to small and


medium-sized businesses.

Insurance and
financial
services

Private

2006

10,000

10,000

10,000

Direct
investment

Tnuva Romania Milk

Construction of a fresh dairy production


plant.

Agribusiness

Private

2005

5,000

963

963

Direct
investment

Kaufland Romania

Financing for Kaufland's expansion


programme in Romania.

Agribusiness

Private

2007

306,000

100,000

100,000

Regional
investment

Bluehouse equity fund

Equity investment in Bluehouse Accession Property and


tourism
Property, a fund acquiring, developing,
renovating, owning and managing property in
Bulgaria, Croatia, Moldova, Romania, Serbia
and Ukraine.

Private

2006

106,772

17,500

17,500

Romania

Sub project

Description

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Romania

Type of
investment

Project name

Sub project

Description

Direct
investment

Banca Romana Pentru


Dezvoltare

Loan to finance banks continued expansion Bank lending


and introduction of new services.

Private

2006

200,000

70,000

70,000

Regional
investment

Global Finance SEE Fund

Regional private equity fund investing in


south-eastern Europe.

Equity funds

Private

2007

19,252

19,212

19,212

Direct
investment

Sibiu public transport (city loan) -

Finance to Sibiu city for a road upgrading


programme.

Municipal and
environmental
infrastructure

State

2006

11,906

4,453

4,453

Regional
investment

GED Eastern Fund II

Private equity fund investing in small and


medium-sized businesses primarily in
Bulgaria, Hungary and Romania.

Equity funds

Private

2006

35,000

10,000

10,000

Regional
investment

BSR Europe Co-Investment


Facility

Equity investment in a company developing Property and


office, retail, residential and industrial real
tourism
estate in Romania.

Private

2006

14,000

4,900

4,900

Regional
investment

Alpha CEE II

Diversified regional private equity fund


dedicated to central and eastern Europe.

Equity funds

Private

2006

10,000

10,000

10,000

Regional
investment

Royalton Partners II

Equity financing for local service providers.

Equity funds

Private

2007

7,500

7,500

7,500

Direct
investment

Iasi Public Transport

Finance for the renovation of tram and other Municipal and


public transport infrastructure in Iasi.
environmental
infrastructure

State

2007

20,000

10,000

10,000

Direct
investment

ProCredit Bank Romania

Capital increase for bank providing access


to finance for the smallest enterprises.

Small business Private


finance

2006

2,808

2,808

2,808

Regional
investment

Balkan Accession Fund

Finance provided to a private equity fund


investing in medium-sized businesses.

Equity funds

2006

31,470

6,720

6,720

Romania

Sector

Portfolio
Class

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Romania

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

Europolis III

Property and
tourism

Private

2006

49,500

4,200

6,300

10,500

Direct
investment

Sibiu public transport


(company loan)

Equity investment allowing the creation of a


regional portfolio of property assets in
Bosnia and Herzegovina, Bulgaria, FYR
Macedonia, Montenegro, Romania, Russia,
Serbia and Ukraine.
Finance to municipal public transport
company to purchase new buses.

Municipal and
environmental
infrastructure

State

2006

8,100

7,000

7,000

Direct
investment

Banca Transilvania

Equity investment to finance continued


growth as well as maintain 15 per cent
stake.

Bank equity

Private

2006

5,175

5,175

5,175

Direct
investment

Banca Comerciala Romana

Credit line providing long-term mortgage


loans.

Bank lending

Private

2003

41,984

18,630

18,630

Direct
investment

E.ON Gaz Romania Holding

Equity participation in a gas and electricity


distribution companies.

Power and
energy

Private

2007

41,003

41,003

41,003

Direct
investment

Romania Micro Credit


Framework

Support micro and small enterprises loans.

Small business Private


finance

2008

7,000

3,500

3,500

Direct
investment

Romania Micro Credit


Framework

Opportunity Microcredit
Romania

Increasing funding opportunities for micro


and small businesses, focusing on rural
regions.

Small business Private


finance

2006

2,324

1,660

1,660

Direct
investment

EU/EBRD SME Finance


Facility

BT Leasing II

Credit line for on-lending to small and


medium-sized businesses.

Insurance and
financial
services

Private

2006

10,000

10,000

10,000

Regional
investment

AIG New Europe Fund II

Equity funds
Regional private equity fund investing in
equity and equity securities of companies in
central and south-eastern Europe, subsidiary
of AIG Global Investment Group.

Private

2006

5,000

5,000

5,000

Regional
investment

Syntaxis Mezzanine Fund

Fund with a portfolio of Central European


investments, in various sectors.

Private

2007

2,600

2,500

2,500

Romania

Equity funds

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Romania

Type of
investment

Project name

Sub project

Description

Sector

Direct
investment

Romania Micro Credit


Framework

Banca Transilvania

Funds for on-lending to micro and small


businesses.

Small business Private


finance

2007

15,000

4,000

4,000

Direct
investment

Romania Micro Credit


Framework

Express Finance

Loan for on-lending to small and mediumsized enterprises.

Small business Private


finance

2007

2,250

1,150

1,150

Direct
investment

Posta Romana

Finance for modernisation of postal facilities Telecoms,


State
including a new automated sorting centre.
informatics and
media

2007

10,124

74

74

Direct
investment

Banca Transilvania

Loan to finance continued expansion and


introduction of new services.

Bank lending

Private

2006

72,000

12,000

12,000

Direct
investment

Global Trade Centre (Regional Retail Centres)

Loan for the acquisition, development and


management of commercial centres.

Property and
tourism

Private

2007

114,600

34,995

34,995

Regional
investment

Accession Mezzanine Capital II -

Private equity fund investing in central and


south-eastern European as well as Russia
and Ukraine.

Equity funds

Private

2007

40,000

8,000

8,000

Regional
investment

New Europe Venture Equity


Fund (NEVEQ)

Equity funds
Private equity fund investing in small and
medium-sized technology enterprises
primarily located in Bulgaria, FYR Macedonia
and Romania.

Private

2007

1,000

1,000

1,000

Regional
investment

Pharma Investment

Investment to help develop a regional


pharmaceuticals retail network.

Manufacturing
and services

Private

2008

7,500

7,500

7,500

Direct
investment

RZB Leasing

Credit line for on-lending to small and


medium-sized businesses.

Insurance and
financial
services

Private

2007

15,000

15,000

15,000

Direct
investment

EU/EBRD Rural Finance


Facility

Casa de Economii si
Consemnatiuni

Funds for on-lending to rural small


businesses.

Bank lending

Private

2007

10,000

10,000

10,000

Romania

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Romania

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Turceni Rehabilitation

The first non-sovereign long-term loan to a


thermal power plant in Romania will
demonstrate progress in market
liberalisation.

Power and
energy

State

2009

227,700

80,000

80,000

Direct
investment

Oradea water and waste water extension

Renovation of water and waste-water


facilities.

Municipal and
environmental
infrastructure

State

2007

48,800

4,000

4,000

Regional
investment

Arka Property Fund II

Second investment into a real estate fund.

Property and
tourism

Private

2008

2,287

2,287

2,287

Direct
investment

Timisoara Aquatim

Financing for renovation of water and waste- Municipal and


water infratructure
environmental
infrastructure

State

2007

48,160

6,520

6,520

Direct
investment

EU/EBRD Rural Finance


Facility

Banca Transilvania

Funds for long-term lending to rural


customers.

Bank lending

Private

2007

10,000

3,000

3,000

Direct
investment

Post Privatisation Fund

Equity fund supporting financial and


operational restructuring of medium-sized
enterprises.

Equity funds

Private

1996

21,661

21,661

21,661

Direct
investment

E.ON Energie Romania

Equity participation in a power distribution


project.

Power and
energy

Private

2007

10,833

10,833

10,833

Direct
investment

Soufflet Multi-project Facility

Malt Romania

Funds for construction of a malt house.

Agribusiness

Private

2007

57,785

20,000

20,000

Direct
investment

Banca Transilvania

Fourth capital increase to support continuing Bank equity


development.

Private

2007

6,422

6,422

6,422

Regional
investment

Capital Media

Development and restructuring of TV


broadcasting group.

Telecoms,
Private
informatics and
media

2007

6,000

3,000

3,000

Romania

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Romania

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Banca Transilvania

Ongoing support for bank's growth.

Bank equity

Private

2008

9,388

4,388

4,388

Direct
investment

Oradea water and waste water -

Renovation of water and waste-water


facilities.

Municipal and
environmental
infrastructure

State

2007

22,700

6,000

6,000

Regional
investment

EnerCap

Private equity fund dedicated to investing in Power and


energy
renewable energy and energy efficiency
projects in central and south-eastern
Europe.

Private

2007

5,000

1,250

1,250

Direct
investment

EU/EBRD SME Finance


Facility

Bank Leumi Romania

Credit line for on-lending to small and


medium-sized businesses.

Bank lending

Private

2007

10,000

10,000

10,000

Regional
investment

Advent Central and Eastern


Europe IV

Support investment into central and south- Equity funds


eastern European and Ukrainian companies.

Private

2008

10,000

10,000

10,000

Direct
investment

EU Energy Efficiency
Framework

Banca Comerciala Romana Loans to participating banks for on-lending to Bank lending
private industrial enterprises for energy
efficiency projects.

Private

2008

20,000

20,000

20,000

Direct
investment

EU Energy Efficiency
Framework

CEC Bank

Credit facility to finance energy efficiency


projects by private industrial companies in
Romania.

Bank lending

Private

2008

10,000

10,000

10,000

Direct
investment

EU Energy Efficiency
Framework

Banca Transilvania

Loan to provide long-term funding to small


and medium-sized enterprises.

Bank lending

Private

2008

5,000

5,000

5,000

Regional
investment

ViaOne

Equity investment to support the commercial Telecoms,


Private
launch and development of ViaOne Europa informatics and
Holding's software platforms.
media

2008

1,694

1,000

1,000

Regional
investment

ARX Private Equity Fund

Support for investment to companies


operating in central and south-eastern
Europe.

2008

6,000

6,000

6,000

Romania

Equity funds

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Romania

Type of
investment

Project name

Sub project

Description

Sector

Direct
investment

ProCredit Bank Romania

Support for specialist microfinance bank.

Small business Private


finance

2008

37,000

15,000

15,000

Regional
investment

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

3,000

3,000

3,000

Direct
investment

EU/EBRD SME
Competitiveness Support
Facility

Banca Comerciala Romana Finance for on-lending to small and medium- Bank lending
sized enterprises.

Private

2008

20,000

20,000

20,000

Regional
investment

Aqualia Investment Venture

Equity in a new company that invests in


water concessions and acquires other
privately held water groups.

Municipal and
environmental
infrastructure

Private

2009

24,490

12,000

12,000

Direct
investment

EU/EBRD SME
Competitiveness Support
Facility

BRD Romania

Funds for on-lending to small and mediumsized enterprises in the industrial sector.

Bank lending

Private

2008

20,000

20,000

20,000

Direct
investment

EU Energy Efficiency
Framework

BRD Romania

Funds for on-lending to small and mediumsized enterprises in the industrial sector, to
upgrade facilities.

Bank lending

Private

2008

10,000

10,000

10,000

Regional
investment

European Fund for SouthEast Europe II

Support to financial institutions for on-lending Small business Private


to MSMEs, as well as for housing and rural finance
finance.

2009

11,550

1,650

1,650

Direct
investment

Pehart Tec paper mill

Equity investment in paper mill to support


energy efficiency and capacity expansion
plan.

Private

2009

5,999

5,999

5,999

Regional
investment

Asseco South Eastern Europe -

Participation in the initial public offering of an Telecoms,


Private
IT company.
informatics and
media

2009

2,250

2,250

2,250

Regional
investment

Syntaxis Mezzanine Fund II

Equity in a regional fund which aims to


Equity funds
strengthen corporate governance and build
institutions.

2009

45,000

9,000

9,000

Romania

Manufacturing
and services

Portfolio
Class

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Romania

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Banca Transilvania

Loan to support funding of small and


medium-sized enterprises.

Bank equity

Private

2008

100,000

100,000

100,000

Direct
investment

Petrom

Construction of a new 860 MW combined


cycle gas turbine power plant in Brazi.

Power and
energy

Private

2009

400,000

200,000

200,000

Direct
investment

Petrom

Enhancement of the environmental and


Natural
health and safety performance of
Resources
exploration, production and refining facilities.

Private

2009

300,000

150,000

150,000

Direct
investment

Banca Comerciala Romana

Credit line for on-lending to small and


medium-sized enterprises.

Bank lending

Private

2009

100,000

100,000

100,000

Regional
investment

Resource Eastern European


Equity Partners I

Support for institution building and expansion Equity funds


of private equity, business improvement and
best ethics and governance.

Private

2009

4,200

1,250

1,250

Direct
investment

Private Equity Fund CoInvestment Facility

Europolis Sema Park


Mezzanine

Help to complete the purchase of an office


development in central Bucharest.

Private

2009

10,000

10,000

10,000

Direct
investment

Renault Technologies Romania -

Construction of a test centre at Titu, between Manufacturing


Bucharest and the main production site of
and services
Renaults subsidiary, Dacia, at Pitesti.

Private

2009

209,000

44,000

44,000

Direct
investment

Kaufland

The EBRD is providing a loan to Kaufland to Agribusiness


finance the expansion of their compact
discount hypermarket format in Romania.

Private

2009

190,000

40,000

40,000

Direct
investment

Brasov Urban Transport

Further finance for the upgrading of Brasov's Municipal and


urban transport system.
environmental
infrastructure

State

2009

8,700

7,300

7,300

Direct
investment

Arad Urban transport


programme

Further finance for the upgrading of Arad's


city transport system.

State

2009

15,470

13,000

13,000

Romania

Property and
tourism

Municipal and
environmental
infrastructure

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Romania

Type of
investment

Project name

Sub project

Description

Direct
investment

Lafarge Ciment

A loan to finance the companys operations Manufacturing


and to support its working capital
and services
requirements.

Private

2009

60,033

19,869

19,869

Regional
investment

Heitman Eastern European


Property Fund

An equity investment into Heitman European Property and


Property Partners IV, an investment vehicle tourism
pursuing long-term capital appreciation
through real estate investments.

Private

2009

95,655

15,750

15,750

Regional
investment

Asseco South Eastern Europe -

Participation in the initial public offering of an Telecoms,


Private
IT company.
informatics and
media

2009

1,050

1,050

1,050

Regional
investment

Veolia Voda

Capital increase following a previous equity Municipal and


investment.
environmental
infrastructure

2009

700

700

700

Romania

Sector

Portfolio
Class

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Sakhalin Shipping Company

Modernisation of fleet.

Transport

Private

1996

56,016

15,773

15,773

Regional
investment

Alliance ScanEast Fund

Private equity fund supporting industrial


companies.

Equity funds

Private

1994

6,936

2,455

2,455

Direct
investment

Renaissance Life Investments -

Investment in insurance company.

Insurance and
financial
services

Private

1995

3,266

1,186

1,186

Direct
investment

Procter and Gamble Novomoskovskbytkhim

Upgrade of detergent factorys equipment


and facilities.

Manufacturing
and services

Private

1996

34,959

6,036

6,036

12,073

Direct
investment

Seribo/CEM

Investment in integrated furniture


manufacturing plant.

Manufacturing
and services

Private

1995

144,385

6,325

6,325

Direct
investment

Nevsky Prospekt 25

Refurbishment and restoration of historic


building.

Property and
tourism

Private

1994

3,376

3,376

3,376

Regional
investment

First NIS Regional Fund

Equity fund investing in companies in the


New Independent States (NIS).

Equity funds

Private

1994

19,689

11,782

11,782

Direct
investment

Moscow GSM

Development and operation of GSM 900


digital cellular network.

Telecoms,
Private
informatics and
media

1995

32,871

15,441

7,721

23,162

Direct
investment

Macomnet

Development and operation of


telecommunications transmission system.

Telecoms,
Private
informatics and
media

1993

10,711

1,387

1,387

Direct
investment

EDN Sovintel

Expansion of high-quality international


telecommunications systems in Moscow.

Telecoms,
Private
informatics and
media

1992

5,657

3,153

3,153

Russia

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Western Siberia oil and gas


rehabilitation

Repair and upgrade of 300 oil wells,


improving oil production and enhancing
exports.

Natural
Resources

State

1993

61,470

61,470

61,470

Direct
investment

Russian privatisation
programme

Implementation of mass privatisation


programme.

Manufacturing
and services

State

1993

110,853

10,638

10,638

Direct
investment

Russian Technology Fund

Equity investment supporting technologyEquity funds


related small and medium-sized enterprises.

Private

1995

6,295

1,302

1,302

Direct
investment

Russian railways
modernisation

Investments in inter-modal freight container Transport


transport, refurbishment equipment and
production/ testing equipment for signalling.

State

1996

132,411

76,401

76,401

Direct
investment

Zapsibinvest

Expansion of timber producers business


and export potential.

Private

1994

15,288

3,835

3,835

Direct
investment

Framlington Russia Fund

Private equity fund supporting joint ventures Equity funds


and local companies.

Private

1993

47,587

13,684

13,684

Direct
investment

Russia Small Business Fund

Russia Small Business


Credit Bank (KMB Bank)

Financing for micro and small enterprises.

Small business Private


finance

1992

2,396

2,396

2,396

Regional
investment

New Europe East Investment


Fund

Equity fund supporting private companies


and joint ventures.

Equity funds

Private

1993

37,436

9,171

9,171

Direct
investment

Vasyugan services

Enhancement of crude oil production in the


Tomsk region.

Natural
Resources

Private

1994

44,108

6,242

6,242

Direct
investment

Samotlor

Servicing of idle or unproductive wells in


Russias largest oilfield.

Natural
Resources

Private

1994

52,084

6,935

6,935

Russia

Manufacturing
and services

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Direct
investment

Chernogorskoye

Construction of oilfield facilities and purchaseNatural


of equipment and supplies.
Resources

Private

1993

128,326

13,654

13,654

Direct
investment

KomiArctic Oil

Development of the upper Vozey oilfield.

Natural
Resources

Private

1994

326,575

14,698

14,698

29,396

Direct
investment

Polar Lights Company

Development of Ardalin oilfield, including the Natural


drilling of new wells, construction of
Resources
production facility and pipeline.

Private

1993

368,976

62,418

62,418

Direct
investment

Vena St Petersburg

Modernisation and expansion of brewery.

Agribusiness

Private

1995

21,783

7,565

7,565

Direct
investment

Tokobank

Financing for corporate customers.

Bank equity

Private

1994

27,432

27,432

27,432

Direct
investment

Kubaka gold project

Development of gold and silver deposit.

Natural
Resources

Private

1995

121,505

21,975

21,975

Direct
investment

North Western Shipping


Company

Purchase and safety upgrade of ten drycargo river-sea vessels.

Transport

Private

1995

40,901

10,960

10,960

Direct
investment

Nevsky Prospekt 25

Refurbishment and restoration of historic


building.

Property and
tourism

Private

1996

20,245

4,439

4,439

Direct
investment

Russian enterprise support


loan

Financing for private sector companies


undergoing restructuring.

Bank lending

Private

1994

13,525

13,525

13,525

Direct
investment

Sector Capital Development


Company

Equity investment in financial company.

Equity funds

Private

1995

22,700

7,682

7,682

Russia

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Direct
investment

Investment Bank of Kuban

Start-up financing for investment bank in the Bank equity


Krasnodar region.

Private

1996

482

477

477

Direct
investment

Financial institutions
development project

Strengthening of Russian commercial banks. Bank lending

Private

1994

229,642

29,495

29,495

Direct
investment

Russia Small Business Fund

Mosbusiness Bank

Financing for micro and small enterprises.

Small business Private


finance

1994

867

347

347

Direct
investment

Russia Small Business Fund

Association Commercial
Bank

Financing for micro and small enterprises.

Small business Private


finance

1994

867

347

347

Direct
investment

Russia Small Business Fund

Nizhegorodets Investment
Commercial Bank

Financing for micro and small enterprises.

Small business Private


finance

1994

520

173

173

Direct
investment

Russia Small Business Fund

Nizhegorodets Investment
Commercial Bank

Financing for micro and small enterprises.

Small business Private


finance

1994

1,214

520

520

Direct
investment

Russia Small Business Fund

First Commercial Tula Bank Financing for micro and small enterprises.

Small business Private


finance

1994

867

347

347

Direct
investment

Bash-Kelme

Support for sports shoe manufacturer.

Manufacturing
and services

Private

1995

28,208

7,629

7,629

Direct
investment

Russia Small Business Fund

Mosbusiness Bank

Financing for micro and small enterprises.

Small business Private


finance

1994

416

139

139

Direct
investment

Russia Small Business Fund

Sberbank

Financing for micro and small enterprises.

Small business Private


finance

1994

2,635

1,545

1,545

Russia

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Direct
investment

Russia Small Business Fund

First Commercial Tula Bank Financing for micro and small enterprises.

Small business Private


finance

1994

139

35

35

Direct
investment

Russia Small Business Fund

Nizhegorodets Investment
Commercial Bank

Financing for micro and small enterprises.

Small business Private


finance

1994

139

35

35

Direct
investment

Small Enterprise Assistance


Fund

Nizhny Novgorod

Equity fund supporting small and mediumsized enterprises.

Equity funds

Private

1994

5,667

2,860

2,860

Direct
investment

Russia Small Business Fund

Kuzbassotsbank

Financing for micro and small enterprises.

Small business Private


finance

1994

1,248

677

677

Direct
investment

St Petersburg water and


environmental services
improvement programme

Improvement of water supply and wastewater collection services in St Petersburg.

Municipal and
environmental
infrastructure

State

1997

43,253

8,486

8,486

Direct
investment

Prisco

Acquisition of four new vessels.

Transport

Private

1994

164,013

31,209

31,209

Direct
investment

FESCO

Acquisition of new container vessels.

Transport

Private

1994

37,763

11,339

11,339

Direct
investment

Kamaz stabilisation

Restructuring of truck manufacturers


operations.

Manufacturing
and services

Private

1995

264,928

69,353

69,353

Direct
investment

Geoilbent

Construction of gas-condensate processing Natural


plant.
Resources

Private

1996

166,839

34,676

34,676

Direct
investment

Novorossiysk Shipping
Company

Partial post-delivery finance of 11 new


40,000 dwt product tankers.

Private

1995

253,693

41,612

41,612

Russia

Description

Sector

Transport

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Sector

Direct
investment

Russia Small Business Fund

Mosbusiness Bank

Financing for micro and small enterprises.

Small business Private


finance

1994

1,040

520

520

Regional
investment

MBA loan project

Financial support for students undertaking


MBA degrees at top-tier business schools.

Bank lending

Private

1995

7,331

2,337

1,753

4,090

Direct
investment

Chelyabinsk electrolytic zinc


plant

Renovation and expansion of zinc smelter,


construction of mercury recovery plant.

Manufacturing
and services

Private

2000

27,818

10,403

10,403

Direct
investment

Buryatzoloto power line

Construction of power line connecting gold


mine to the local power grid.

Natural
Resources

Private

1996

47,740

4,470

8,940

13,410

Direct
investment

Russia Small Business Fund

Kuzbassotsbank

Financing for micro and small enterprises.

Small business Private


finance

1994

5,028

2,691

2,691

Direct
investment

Russia Small Business Fund

Petrovsky Bank

Financing for micro and small enterprises.

Small business Private


finance

1994

2,427

1,214

1,214

Direct
investment

National Registry Company

Establishment of independent share


registration service for large Russian
enterprises.

Insurance and
financial
services

Private

1995

7,085

1,190

1,190

Direct
investment

Russia Small Business Fund

Orbita Bank

Financing for micro and small enterprises.

Small business Private


finance

1994

139

69

69

Direct
investment

North-West GSM

Development and operation of GSM 900


digital cellular network.

Telecoms,
Private
informatics and
media

1996

64,070

19,410

19,410

Direct
investment

Vneshtorgbank standby facility -

Financing for private sector enterprises.

Bank lending

1996

58,517

58,517

58,517

Russia

Portfolio
Class

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Komi spill investment

Emergency oil spill recovery and pipeline


rehabilitation programme.

Natural
Resources

State

Direct
investment

Russia Small Business Fund

Mosbusiness Bank

Financing for micro and small enterprises.

Direct
investment

Sberbank

Direct
investment

Cadbury ZAO

Direct
investment

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

1995

91,687

11,931

11,931

Small business Private


finance

1995

347

173

173

Financing for small and medium-sized


enterprises.

Bank lending

Private

1996

34,676

34,676

34,676

Completion of new factory manufacturing


Cadbury confectionery products.

Agribusiness

Private

1996

105,833

31,209

31,209

Oskol electrometallurgical
plant

Modernisation of existing rolling mill and


construction of new mill.

Manufacturing
and services

Private

1998

206,203

6,467

6,467

Direct
investment

International Moscow Bank

Bank lending
Development of medium-term lending
activities for corporate customers, small and
medium-sized enterprises and the retail
sector.

Private

1995

26,354

26,354

26,354

Direct
investment

SFAT

Expansion of railway transportation


company.

Transport

Private

1996

46,330

20,351

10,176

30,527

Direct
investment

Perekriostok

Construction of 11 supermarkets and a


central distribution warehouse in Moscow.

Manufacturing
and services

Private

1996

48,650

15,718

15,718

Direct
investment

Mutnovsky independent power plant

Construction and installation of 40MW


geothermal power plant.

Power and
energy

State

1998

104,168

69,284

69,284

Direct
investment

InkomBank

Equity investment in Inkombank and


financing for small and medium-sized
enterprises.

Bank equity

Private

1997

5,979

5,979

5,979

Russia

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Direct
investment

GAZ

Purchase and installation of new painting


Manufacturing
facility at leading car and truck manufacturer. and services

Private

1995

26,354

13,871

13,871

Direct
investment

Athina-Volga JSC

Completion of sunflower oil production line, Agribusiness


slaughterhouse and meat processing
facilities.

Private

1997

27,415

1,477

1,477

Direct
investment

Russia Small Business Fund

Orbita Bank

Financing for micro and small enterprises.

Small business Private


finance

1995

347

173

173

Direct
investment

Russia Small Business Fund

Sberbank

Financing for micro and small enterprises.

Small business Private


finance

1995

3,121

1,910

1,910

Direct
investment

Russia Small Business Fund

Stolichny Bank of Savings

Financing for micro and small enterprises.

Small business Private


finance

1995

3,121

1,560

1,560

Direct
investment

Eutelsat Satellite Launch

Guarantee to cover risk of non-performance Manufacturing


of obligations for satellite launch.
and services

State

1996

33,252

29,927

29,927

Direct
investment

Sector Capital Development


Company

Equity investment in financial company.

Equity funds

Private

1995

750

750

750

Direct
investment

Russia Small Business Fund

ICB St Petersburg

Financing for micro and small enterprises.

Small business Private


finance

1996

1,318

825

825

Direct
investment

Russia Small Business Fund

Inkombank

Financing for micro and small enterprises.

Small business Private


finance

1996

2,081

1,300

1,300

Direct
investment

Russia Small Business Fund

Rosest Bank

Financing for micro and small enterprises.

Small business Private


finance

1995

1,387

868

868

Russia

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Stolichny Bank Savings

Financing for private sector enterprises.

Bank lending

Private

1996

20,806

20,806

20,806

Direct
investment

Small Enterprise Assistance


Fund

St Petersburg

Equity fund supporting small and mediumsized enterprises.

Equity funds

Private

1996

7,347

2,748

2,748

Direct
investment

Avtobank

Bank equity
Equity investment and credit facility for
medium and long-term on-lending to Russian
enterprises.

Private

1996

38,097

25,398

12,699

38,097

Direct
investment

Industry and Construction Bank -

Financing for private sector investment


projects.

Bank lending

Private

1996

11,096

11,096

11,096

Direct
investment

Regional Trade Facilitation


Programme

Stolichny Bank of Savings

Support for foreign trade.

Bank lending

Private

1995

13,871

13,871

13,871

Direct
investment

Mosenergo

Refinancing of power and district heating


utilitys Eurobond.

Power and
energy

Private

1998

90,159

20,806

20,806

Direct
investment

Russia Small Business Fund

Stolichny Bank of Savings

Financing for micro and small enterprises.

Small business Private


finance

1995

2,081

1,302

1,302

Direct
investment

Russia Small Business Fund

NBD Bank

Financing for micro and small enterprises.

Small business Private


finance

1995

694

390

390

Direct
investment

Regional Trade Facilitation


Programme

Mezhcombank

Support for foreign trade.

Bank lending

Private

1995

3,468

3,468

3,468

Direct
investment

Russia Small Business Fund

Rosest Bank

Financing for micro and small enterprises.

Small business Private


finance

1995

347

217

217

Russia

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

FM Russia

Construction and operation of warehouse,


distribution and logistics centre.

Property and
tourism

Private

1997

34,372

8,323

8,323

Direct
investment

Russia Small Business Fund

Uralpromstroibank

Financing for micro and small enterprises.

Small business Private


finance

1996

347

217

217

Direct
investment

Sakhalin II

Commercial development of oil and gas


field.

Natural
Resources

Private

1998

729,390

80,449

80,449

Regional
investment

AIG Silk Road Fund

Financing for small and medium-sized


Equity funds
private sector enterprises and joint ventures
operating in Russia and Central Asia.

Private

1997

11,814

2,278

2,278

Direct
investment

GAZ-Volga

Upgrade of manufacturing facilities for


production of Volga passenger cars.

Manufacturing
and services

Private

1997

174,263

45,079

45,079

Direct
investment

Chernogorneft

Implementation of infill drilling programme


and environmental action plan at oilfield.

Natural
Resources

Private

1997

24,274

14,564

14,564

Direct
investment

Russia Small Business Fund

Petrovsky Bank

Financing for micro and small enterprises.

Small business Private


finance

1996

694

434

434

Direct
investment

Russia Small Business Fund

Kuzbassotsbank

Financing for micro and small enterprises.

Small business Private


finance

1996

1,906

868

868

Direct
investment

Russia Small Business Fund

NBD Bank

Financing for micro and small enterprises.

Small business Private


finance

1996

953

434

434

Direct
investment

Russia Small Business Fund

Petrovsky Bank

Financing for micro and small enterprises.

Small business Private


finance

1996

3,988

2,496

2,496

Russia

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Sector

Direct
investment

Russia Small Business Fund

Kuzbassotsbank

Financing for micro and small enterprises.

Small business Private


finance

1996

4,932

651

651

Direct
investment

Russia Small Business Fund

Rossiyskyi Kredit

Financing for micro and small enterprises.

Small business Private


finance

1996

9,530

4,341

4,341

Direct
investment

Regional Trade Facilitation


Programme

Petrovsky Bank

Support for foreign trade.

Bank lending

Private

1996

3,468

3,468

3,468

Direct
investment

Moscow Efes

Expansion of brewery and distribution centre Agribusiness

Private

1997

68,063

15,370

15,370

Direct
investment

PLM beverage can


manufacturing

Establishment of aluminium beverage can


manufacturing plant.

Private

1997

121,158

16,797

5,599

22,396

Direct
investment

Kaliningrad water and


environmental services

Improvement of water supply and wasteMunicipal and


water services and upgrade of infrastructure. environmental
infrastructure

State

1999

110,153

12,484

12,484

Direct
investment

MMK

Procurement of major raw materials, energy Manufacturing


and transport for iron and steel producer.
and services

Private

1997

13,871

13,871

13,871

Direct
investment

Post privatisation support loan -

Implementation of economic reform


programmes, including enterprise
restructuring, improvement in corporate
governance and investment promotion.

State

1997

10,108

10,108

10,108

Direct
investment

DIROL - Dansk Tyggegummi


Fabrik

Construction of new chewing gum production Agribusiness


facility.

Private

1998

89,904

30,678

30,678

Direct
investment

Russia Small Business Fund

Stolichny Bank of Savings

Financing for micro and small enterprises.

Small business Private


finance

1996

16,677

7,597

7,597

Russia

Agribusiness

Manufacturing
and services

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Sector

Direct
investment

Russia Small Business Fund

Mosbusiness Bank

Financing for micro and small enterprises.

Small business Private


finance

1996

6,671

3,039

3,039

Direct
investment

Russia Small Business Fund

NBD Bank

Financing for micro and small enterprises.

Small business Private


finance

1997

2,081

1,040

1,040

Direct
investment

Danone multi-project facility

Bolshevik

Investment in dairy, confectionery and


mineral water companies in Russia.

Agribusiness

Private

1996

36,790

6,925

6,925

Direct
investment

Kubaka gold project

Development of gold and silver deposit.

Natural
Resources

Private

1996

34,676

7,500

7,500

Direct
investment

Unexim Bank

Credit line to assist small and medium-sized Bank lending


enterprises.

Private

1997

13,871

13,871

13,871

Direct
investment

Russia Life Investments

Investment in insurance company.

Insurance and
financial
services

Private

1997

4,107

1,243

1,243

Direct
investment

Regional Trade Facilitation


Programme

Toribank

Support for foreign trade.

Bank lending

Private

1996

3,468

3,468

3,468

Direct
investment

Regional Trade Facilitation


Programme

MDM Bank

Support for foreign trade.

Bank lending

Private

1996

3,468

3,468

3,468

Direct
investment

St Petersburg municipal
support project

Restructuring of debt and implementation of Municipal and


investment programme.
environmental
infrastructure

State

1997

446,158

47,379

47,379

Direct
investment

FESCO

Acquisition of new container vessels.

Private

1997

64,845

21,615

21,615

Russia

Transport

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Sector

Direct
investment

Russia Small Business Fund

Toribank

Financing for micro and small enterprises.

Small business Private


finance

1997

1,560

1,092

1,092

Direct
investment

Russia Small Business Fund

ProBusiness Bank

Financing for micro and small enterprises.

Small business Private


finance

1998

520

499

499

Direct
investment

Russia Small Business Fund

Sberbank

Financing for micro and small enterprises.

Small business Private


finance

1998

13,877

13,870

13,870

Direct
investment

Russia Small Business Fund

Rosest Bank

Financing for micro and small enterprises.

Small business Private


finance

1997

2,528

1,085

1,085

Direct
investment

Russia Small Business Fund

Inkombank

Financing for micro and small enterprises.

Small business Private


finance

1997

5,743

4,161

4,161

Direct
investment

Bor Glass

Modernisation of Russia' s leading flat glass Manufacturing


manufacturers plant.
and services

Private

1997

57,313

13,190

13,190

Regional
investment

Baring Communications

Private equity fund targeting the media and Telecoms,


Private
communications sector.
informatics and
media

1997

5,521

1,239

1,239

Direct
investment

Unexim Bank

Credit line to assist small and medium-sized Bank lending


enterprises.

Private

1997

53,207

53,207

53,207

Direct
investment

NTC

Private
Expansion of landline telephone services andTelecoms,
GSM mobile telephone services.
informatics and
media

1999

31,902

8,322

8,322

Regional
investment

Black Sea Fund

Equity investment in medium-sized local


enterprises and facilitation of foreign direct
investment in the region.

1998

4,875

1,962

1,962

Russia

Equity funds

Portfolio
Class

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Nevsky 49

Construction and operation of 164 room,


international-standard business and tourist
hotel.

Property and
tourism

Private

1998

22,083

10,056

10,056

Direct
investment

Russia Small Business Fund

Far East Bank

Financing for micro and small enterprises.

Small business Private


finance

1998

2,774

2,497

2,497

Direct
investment

Russia Small Business Fund

Rosest Bank

Financing for micro and small enterprises.

Small business Private


finance

1997

1,837

1,288

1,288

Direct
investment

FIAT/ GAZ joint venture

Purchase of manufacturing equipment for


production of FIAT passenger cars.

Manufacturing
and services

Private

1998

Direct
investment

Avtobank

Bank equity
Equity investment and credit facility for
medium and long-term on-lending to Russian
enterprises.

Private

1998

1,445

1,445

1,445

Direct
investment

Russia Small Business Fund

NBD Bank

Financing for micro and small enterprises.

Small business Private


finance

1998

2,081

1,977

1,977

Direct
investment

St Petersburg air cargo


terminal Pulkovo

Design and construction of new air cargo


terminal building.

Transport

Private

2000

8,836

2,774

2,774

Direct
investment

Soufflet multi-project facility

Malting Soufflet St
Petersburg

Construction of malting plant.

Agribusiness

Private

1998

35,074

14,061

14,061

Direct
investment

Permtex

Development of oil reserves in the Perm


region.

Natural
Resources

Private

1999

135,930

24,273

24,273

Regional
investment

Innova/98

Private equity fund supporting small and


medium-sized enterprises.

Equity funds

Private

1998

1,714

398

398

Russia

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Parmalat

Restructuring, privatisation and


modernisation of dairy and food industries.

Agribusiness

Private

2002

17,192

6,000

6,000

Direct
investment

Russia Small Business Fund

SBS-Agro

Financing for micro and small enterprises.

Small business Private


finance

1998

6,935

5,779

5,779

Direct
investment

Vena St Petersburg

Modernisation and expansion of brewery.

Agribusiness

Private

1998

51,684

6,710

6,710

Direct
investment

Danone multi-project facility

Danone Industria

Investment in dairy, confectionery and


mineral water companies in Russia.

Agribusiness

Private

2001

57,167

23,184

23,184

Direct
investment

Russia Small Business Fund

Russia Small Business


Credit Bank (KMB Bank)

Financing for micro and small enterprises.

Small business Private


finance

1998

19,973

9,987

9,987

Direct
investment

RAO UES

Financial restructuring and improvement of


power companys efficiency prior to
privatisation.

Power and
energy

Private

2001

100,000

50,000

50,000

Direct
investment

Baltika Brewery

Expansion of brewerys production capacity Agribusiness


and development of distribution network.

Private

1999

23,580

20,047

20,047

Regional
investment

MBA loan project

Financial support for students undertaking


MBA degrees at top-tier business schools.

Bank lending

Private

1998

1,580

329

329

658

Direct
investment

Russia Small Business Fund

Russia Small Business


Credit Bank (KMB Bank)

Financing for micro and small enterprises.

Small business Private


finance

2000

43,171

12,686

12,686

25,373

Direct
investment

North Western Shipping


Company

Purchase and safety upgrade of ten drycargo river-sea vessels.

Transport

1999

2,337

2,337

2,337

Russia

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Duferco - Viz Stahl

Modernisation of steel plant production


facilities.

Manufacturing
and services

Private

2000

3,468

3,468

3,468

Direct
investment

TPG Co-investment

Equity funding for companies.

Equity funds

Private

1999

119,739

33,048

33,048

Direct
investment

Togliatti Azot

Financing and working capital strengthening Manufacturing


ammonia suppliers position in the world
and services
market.

Private

2001

38,144

13,871

13,871

Direct
investment

Russia Small Business Fund

NBD Bank

Financing for micro and small enterprises.

Small business Private


finance

1999

485

360

360

Direct
investment

Lukoil

Working capital to fund crude oil production Natural


and oil processing at refineries.
Resources

Private

2000

104,029

52,015

52,015

Regional
investment

Viking River Cruises

Expansion of fleet servicing international


tourists in Hungary.

Transport

Private

2001

4,855

4,855

4,855

Direct
investment

St Petersburg toxic waste


emergency clean-up
programme

Upgrade of hazardous Krasny Bor waste


disposal site.

Municipal and
environmental
infrastructure

State

2001

3,502

194

194

Direct
investment

Severstal

Working capital for major steel producer.

Manufacturing
and services

Private

2000

24,274

24,274

24,274

Regional
investment

Golden Telecom

Development and successful listing of a


leading telecommunications operator.

Telecoms,
Private
informatics and
media

1999

61,181

19,569

19,569

Direct
investment

Louis Dreyfus Vostok

Working capital for grain trading company.

Agribusiness

2000

22,886

15,258

15,258

Russia

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

International Moscow Bank

Recapitalisation of Russias sixth-largest


bank.

Bank equity

Private

2000

33,210

2,858

5,717

8,575

Regional
investment

NIS restructuring facility

Restructuring and expansion of investments Equity funds


in the New Independent States (NIS).

Private

2000

17,526

3,656

3,656

Direct
investment

Russia Small Business Fund

Investment Bank of Kuban

Financing for micro and small enterprises.

Small business Private


finance

2000

347

329

329

Direct
investment

Vimpelcom

Development of D-AMPS and GSM


900/1800 networks and launch of Internet
services.

Telecoms,
Private
informatics and
media

2000

214,533

33,099

33,099

Direct
investment

Gold pre-production financing Chutkotka


facility

Production of 12 tonnes of gold from ten


gold-producing companies.

Natural
Resources

Private

2000

1,872

1,248

1,248

Direct
investment

Gold pre-production financing Polyarnaya


facility

Production of 12 tonnes of gold from ten


gold-producing companies.

Natural
Resources

Private

1999

458

306

306

Direct
investment

Raiffeisen Bank

Lengthening of maturity on banks liabilities Bank lending


and expansion of lending operations.

Private

2000

13,871

13,871

13,871

Direct
investment

Regional Trade Facilitation


Programme

Savings Bank of Russia

Support for foreign trade.

Private

2002

10,170

10,170

10,170

Direct
investment

Rosneft/ Sakhalinmorneftegas -

Exploration, production and marketing of oil Natural


and gas deposits on Sakhalin Island.
Resources

State

2001

48,547

20,806

20,806

Direct
investment

Yaroslavl municipal water


services development
programme

Upgrade of municipal water system and


institutional strengthening of water utility.

State

2003

15,133

11,225

11,225

Russia

Bank lending

Municipal and
environmental
infrastructure

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

General Motors - VAZ joint


venture

Construction and operation of factory


manufacturing and assembling Niva
vehicles.

Manufacturing
and services

Private

2001

181,741

44,422

44,422

Direct
investment

Louis Dreyfus Vostok

Working capital for grain trading company.

Agribusiness

Private

2000

26,207

8,869

8,869

Direct
investment

Efes Brewery

Expansion of brewerys operations.

Agribusiness

Private

2000

142,721

16,221

16,221

Direct
investment

SBS Agro

Biryulovsky Meat

Financing for private sector enterprises.

Manufacturing
and services

Private

2000

3,468

3,468

3,468

Direct
investment

Unexim

Interroleasing

Credit supporting private enterprises.

Manufacturing
and services

Private

1998

407

407

407

Direct
investment

Russia Small Business Fund

Sberbank

Financing for micro and small enterprises.

Small business Private


finance

2000

20,806

20,702

20,702

Regional
investment

Baring Vostok Private Equity


Fund

Direct equity investment in medium-sized


companies.

Equity funds

Private

2000

109,379

51,894

51,894

Direct
investment

Pohjola Insurance Russia

Extension of investment in insurance and


pension sectors.

Insurance and
financial
services

Private

2000

1,764

781

781

Direct
investment

Merloni Russia (Stinol)

Upgrade of refrigerator plant, improving


operating efficiency.

Manufacturing
and services

Private

2002

136,000

13,600

13,600

Direct
investment

Russia Small Business Fund

Russia Small Business


Credit Bank (KMB Bank)

Financing for micro and small enterprises.

Small business Private


finance

2000

21,129

14,086

14,086

Russia

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Sector

Direct
investment

DeltaCredit mortgage finance

Financing for individuals wishing to purchase Insurance and


residential property.
financial
services

Direct
investment

Warehouse Receipt
Programme

Rabo Invest

Innovative commodity-backed financing


programme, the first project under the
EBRDs regional Warehouse Receipts
Programme.

Direct
investment

Europlan (formerly
DeltaLeasing)

Direct
investment

SBS Agro

Direct
investment

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

Private

2002

79,548

13,871

13,871

Agribusiness

Private

2000

99,175

34,676

34,676

Leasing services for small and mediumsized enterprises in the Far East and
Siberia.

Insurance and
financial
services

Private

2002

24,274

6,935

6,935

Pansionat Otdykha
Novogorsk

Financing for small and medium-sized


enterprises in agribusiness and related
industrial sectors.

Manufacturing
and services

Private

2000

2,493

2,493

2,493

Ostankino Tower emergency


construction repairs

Repair of TV tower in Moscow, including


Municipal and
installation of passenger and cargo lifts and environmental
improvements to transmission.
infrastructure

State

2002

5,742

5,742

5,742

Direct
investment

Moscow Efes

Expansion of brewery and distribution centre Agribusiness

Private

2001

11,790

11,790

11,790

Direct
investment

Russia Small Business Fund

NBD Bank

Financing for micro and small enterprises.

Small business Private


finance

2000

832

666

666

Direct
investment

Vena St Petersburg

Modernisation and expansion of brewery.

Agribusiness

Private

2002

72,465

36,368

36,368

Direct
investment

Russia Small Business Fund

NBD Bank

Financing for micro and small enterprises.

Small business Private


finance

2000

2,739

2,332

2,332

Direct
investment

Direct Investment Facility

Structured Component
Industries (SCI)

Investment in structured cabling systems


inter-connecting computers.

Manufacturing
and services

2001

2,394

1,173

1,173

Russia

Private

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Surgut municipal services


development programme

Upgrade of municipal water and district


heating system.

Municipal and
environmental
infrastructure

State

2002

71,020

37,753

37,753

Direct
investment

Russia road sector reform

Construction of the St Petersburg eastern by-Transport


pass and Chita-Khabarovsk road.

State

2002

285,268

145,648

145,648

Direct
investment

Russia Small Business Fund

NBD Bank

Institutional development of commercial


bank and financing for private sector
enterprises.

Bank equity

Private

2001

1,643

1,312

1,312

Direct
investment

International Moscow Bank

Recapitalisation of Russias sixth-largest


bank.

Bank equity

Private

2001

25,557

4,158

4,158

Direct
investment

Severstal - Arcelor joint


venture

Construction of hot dip galvanised steel


facility.

Manufacturing
and services

Private

2003

152,766

39,358

39,358

Direct
investment

St Petersburg flood protection barrier

Completion of flood protection barrier.

Municipal and
environmental
infrastructure

State

2002

1,462,768

169,915

169,915

Direct
investment

Sonic Duo

Construction and operation of GSM


1800/900 MHz mobile phone network.

Telecoms,
Private
informatics and
media

2001

159,382

15,681

7,840

23,521

Direct
investment

Michelin Russia

Establishment of tyre manufacturers


production facilities and improvement of
technology.

Manufacturing
and services

Private

2002

89,273

13,871

13,871

Direct
investment

Duferco - Viz Stahl

Modernisation of steel plant production


facilities.

Manufacturing
and services

Private

2002

9,709

9,709

9,709

Direct
investment

Commodity Repo Transaction -

Guarantee to Rabobank for commodity


financing.

Agribusiness

Private

2001

99,076

34,676

34,676

Russia

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Unexim

Internatsionalny Post Ned

Credit supporting private enterprises.

Manufacturing
and services

Private

2001

1,487

1,487

1,487

Direct
investment

Warehouse Receipts
Programme

Vneshtorgbank

Short-term lending against warehouse


receipts for agribusiness companies,
farmers and traders.

Bank lending

Private

2002

6,935

6,935

6,935

Direct
investment

Kamaz restructured loan and


equity investment

Debt restructuring of auto plant, transferring Manufacturing


Kamaz convertible bonds to the EBRD.
and services

State

2001

48,894

24,447

24,447

48,894

Direct
investment

Buryatzoloto power line

Construction of power line connecting gold


mine to the local power grid.

Private

2001

5,305

5,305

5,305

Direct
investment

St Petersburg south-west
waste-water treatment plant

Completion of waste-water treatment plant, Municipal and


reducing pollution in the Gulf of Finland.
environmental
infrastructure

Private

2003

192,856

33,726

33,726

Direct
investment

Direct Investment Facility

IntelliKraft

Investment in pilot production of new battery Manufacturing


type.
and services

Private

2001

34,449

1,493

1,493

Direct
investment

SeverTEK

Drilling and construction of pipeline and otherNatural


infrastructure needed to bring oilfield onResources
stream.

Private

2002

319,348

69,353

69,353

Direct
investment

Kalina

Acquisition of cosmetics manufacturers


smaller Russian competitors.

Manufacturing
and services

Private

2002

13,871

13,871

13,871

Direct
investment

Russian Standard Bank

Development of consumer finance


operations and expansion of regional
operations.

Insurance and
financial
services

Private

2002

9,709

9,709

9,709

Direct
investment

Middle Timan bauxite mining


and processing

Expansion of bauxite mine and development Natural


of refinery and aluminium smelter.
Resources

Private

2004

27,741

10,403

10,403

Russia

Natural
Resources

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Direct
investment

Archangelsk municipal water


services development

Improvement of municipal water and waste- Municipal and


water services in Archangelsk.
environmental
infrastructure

State

2003

23,117

7,917

7,917

Direct
investment

Chupa Chups Russia

Renovation and expansion of confectionery Agribusiness


production plant.

Private

2002

22,352

6,242

6,242

Direct
investment

Russia Small Business Fund

Chelindbank

Financing for micro and small enterprises.

Small business Private


finance

2002

3,468

3,294

3,294

Direct
investment

Russia Small Business Fund

NBD Bank

Financing for micro and small enterprises.

Small business Private


finance

2001

694

659

659

Direct
investment

St Petersburg northern waste- water treatment plant


incinerator

Construction of sludge incinerator.

Municipal and
environmental
infrastructure

State

2003

107,998

42,848

42,848

Direct
investment

Komi municipal water services -

Upgrade of water and waste-water


infrastructure in Syktyvkar.

Municipal and
environmental
infrastructure

State

2004

17,767

6,717

6,717

Direct
investment

Direct Investment Facility

Firestop

Development of manufacturer of flameretardant materials.

Manufacturing
and services

Private

2002

2,156

1,848

308

2,156

Direct
investment

Russia Small Business Fund

Russia Small Business


Credit Bank (KMB Bank)

Financing for micro and small enterprises.

Small business Private


finance

2001

20,806

20,598

20,598

Direct
investment

Raiffeisen Bank

Lengthening of maturity on banks liabilities Bank lending


and expansion of lending operations.

Private

2002

20,806

10,403

10,403

Direct
investment

Russia Partners 2

Equity fund investing in companies operating Equity funds


in Russia and the CIS.

Private

2004

37,314

37,314

37,314

Russia

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Direct
investment

Direct Investment Facility

Intercos-IV

Equity investment in manufacturer of dyes Manufacturing


and press-forms for the automotive industry. and services

Private

2002

3,201

3,201

3,201

Direct
investment

Sirocco Aerospace

Production of Tupolev 204-120 aircraft.

Manufacturing
and services

Private

2003

120,674

62,418

62,418

Direct
investment

Mosenergo

Refinancing of power and district heating


utilitys Eurobond.

Power and
energy

Private

2002

48,547

38,144

38,144

Direct
investment

Bor Glass

Modernisation of Russia' s leading flat glass Manufacturing


manufacturers plant.
and services

Private

2003

50,000

25,000

25,000

Regional
investment

Efes EBI

Financing for Efes breweries.

Agribusiness

Private

2002

6,420

2,047

2,047

Regional
investment

Black Sea Fund

Equity investment in medium-sized local


enterprises and facilitation of foreign direct
investment in the region.

Equity funds

Private

2002

1,379

420

420

Direct
investment

SBS Agro

Macrotech

Financing for small and medium-sized


enterprises in agribusiness and related
industrial sectors.

Manufacturing
and services

Private

2001

167

167

167

Direct
investment

Regional navigation safety


system

Construction of three radio towers on the


islands of Gogland, Seskar and Sommers.

Transport

State

2003

11,432

2,551

2,551

Direct
investment

SFAT

Expansion of railway transportation


company.

Transport

Private

1996

6,658

6,658

6,658

Regional
investment

Danfoss debt facility for


industrial energy projects

Financing for energy efficiency projects in


selected east European breweries.

Manufacturing
and services

Private

2002

1,306

306

306

Russia

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Direct
investment

Kronospan Russia

Construction of fibreboard (MDF) production Manufacturing


facility.
and services

Private

2003

246,000

75,000

75,000

Direct
investment

RZB Leasing Russia

Syndicated loan providing lease financing to Insurance and


privately owned companies.
financial
services

Private

2004

36,410

12,137

12,137

Direct
investment

IKEA Kommunarka shopping


centre

Creation and operation of first giant shopping Property and


centre and entertainment complex in
tourism
Moscow.

Private

2002

145,849

69,353

69,353

Direct
investment

Regional Trade Facilitation


Programme

Uraltransbank

Support for foreign trade.

Bank lending

Private

2002

1,169

1,169

1,169

Direct
investment

Bonduelle Russia

Construction of greenfield vegetable canning Agribusiness


plant.

Private

2003

51,536

5,768

5,768

11,536

Direct
investment

Russian agricultural commodity programme

Financing for small and medium-sized


agribusiness enterprises.

Agribusiness

Private

2002

374,506

38,838

155,351

194,188

Direct
investment

Transnefteproduct

Upgrade of refined oil pipeline network and


supporting infrastructure.

Natural
Resources

State

2003

14,564

14,564

14,564

Direct
investment

Chelyabinsk electrolytic zinc


plant

Renovation and expansion of zinc smelter,


construction of mercury recovery plant.

Manufacturing
and services

Private

2002

21,851

8,322

8,322

Direct
investment

Lenenergo

Completion of 180MW unit at the TETS-5


CHP power plant in St Petersburg.

Power and
energy

Private

2003

120,001

40,000

40,000

Direct
investment

Pilkington Russia

Construction and operation of float glass


plant.

Manufacturing
and services

Private

2003

210,250

40,750

40,750

Russia

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Regional Trade Facilitation


Programme

Chelindbank

Support for foreign trade.

Bank lending

Private

2002

318

159

159

318

Direct
investment

Saint-Gobain Isover Russia

Construction and operation of insulation


materials plant.

Manufacturing
and services

Private

2003

38,500

10,000

10,000

Direct
investment

Russia Small Business Fund

NBD Bank

Financing for micro and small enterprises.

Small business Private


finance

2002

1,387

1,318

1,318

Direct
investment

Karelsky Okatysh

Replacement of equipment at iron pellet


Natural
mine and restructuring of companys assets. Resources

Private

2004

33,199

24,899

24,899

Direct
investment

Uralkaly

Modernisation of potassium salt producer, Manufacturing


purchase of rolling stock and construction of and services
power plant.

Private

2003

52,015

18,725

18,725

Direct
investment

Huhtamaki Polarcup

Expansion of food packaging material


production facility.

Agribusiness

Private

2002

41,000

12,500

12,500

Direct
investment

Regional Trade Facilitation


Programme

Center-Invest Bank

Support for foreign trade.

Bank lending

Private

2002

2,087

1,043

1,043

2,087

Direct
investment

Regional Trade Facilitation


Programme

Absolut Bank

Support for foreign trade.

Bank lending

Private

2003

400

200

200

400

Direct
investment

Stora Enso multi-project facility Arzamas Packaging

Investment in corrugating packaging plant.

Manufacturing
and services

Private

2003

38,750

10,000

10,000

Direct
investment

Lukoil-Perm

Investments in environmental projects and


development of oil and gas reserves.

Natural
Resources

Private

2003

31,902

15,951

15,951

Russia

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Nidera (Russia)

Expansion of grain trader's operations.

Agribusiness

Private

2003

7,629

7,629

7,629

Direct
investment

Russia Small Business Fund

Uraltransbank

Financing for micro and small enterprises.

Small business Private


finance

2002

1,387

1,040

1,040

Direct
investment

Chelyabinsk tube rolling plant -

Modernisation of equipment and


improvement of energy efficiency at pipe
plant.

Manufacturing
and services

Private

2002

52,432

35,093

35,093

Direct
investment

Hansa Leasing Russia

Establishment of greenfield leasing and


factoring company.

Insurance and
financial
services

Private

2002

93,355

14,004

9,336

23,340

Direct
investment

Stora Enso multi-project facility Setles

Establishment of sawmill in the southern part Manufacturing


of Karelia.
and services

Private

2002

10,000

3,000

3,000

Direct
investment

Russia Small Business Fund

Sibacadembank

Financing for micro and small enterprises.

Small business Private


finance

2003

2,081

1,040

1,040

Direct
investment

Pestovo sawmill

Construction and start-up of sawmill


producing sawn white wood.

Manufacturing
and services

Private

2003

68,000

15,000

15,000

Direct
investment

Russia road sector reform

Construction of the St Petersburg eastern by-Transport


pass and Chita-Khabarovsk road.

State

2003

219,270

134,022

134,022

Direct
investment

Caterpillar Financial Leasing


Facility

PIC Development

Lease financing for Russian companies


modernising or expanding their fleet of
construction and mining machinery.

Manufacturing
and services

Private

2002

356

238

238

Direct
investment

Warehouse Receipts
Programme

Vneshtorgbank

Short-term lending against warehouse


receipts for agribusiness companies,
farmers and traders.

Bank lending

Private

2003

10,403

10,403

10,403

Russia

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Sector

Direct
investment

Russia Small Business Fund

NBD Bank

Financing for micro and small enterprises.

Small business Private


finance

2003

1,387

694

694

Direct
investment

NTC

Expansion of landline and GSM mobile


telephone services.

Telecoms,
Private
informatics and
media

2003

3,468

3,468

3,468

Direct
investment

Europlan (formerly
DeltaLeasing)

Leasing services for small and mediumsized enterprises in the Far East and
Siberia.

Insurance and
financial
services

Private

2004

3,468

3,468

3,468

Direct
investment

Moscow Efes

Expansion of Moscow Efes Brewery through Agribusiness


the acquisition of regional operations.

Private

2003

17,338

8,669

8,669

Direct
investment

Stora Enso multi-project facility Nebolchi

Investment in saw mill.

Private

2003

8,000

2,000

2,000

Regional
investment

Raiffeisen International

Equity investment supporting growth of


Bank equity
Raiffeisen International's business in Bosnia
and Herzegovina.

Private

2004

100,000

50,000

50,000

Direct
investment

News Outdoor Russia

Expansion of advertising operations and


development of product range.

Telecoms,
Private
informatics and
media

2003

91,407

36,064

36,064

Direct
investment

Vestel-Record

Construction and operation of television


production facility.

Manufacturing
and services

Private

2003

32,942

10,403

10,403

Direct
investment

Lenta

Development of four food retail stores in St


Petersburg.

Agribusiness

Private

2004

10,403

10,403

10,403

Direct
investment

Regional Trade Facilitation


Programme

ProBusiness Bank

Support for foreign trade.

Bank lending

Private

2003

7,506

3,753

3,753

7,506

Russia

Manufacturing
and services

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Europlan (formerly
DeltaLeasing)

Leasing services for small and mediumsized enterprises in the Far East and
Siberia.

Insurance and
financial
services

Private

2004

10,403

10,403

10,403

Direct
investment

Power Machines

Modernisation and energy efficiency


improvements to three power equipment
plants.

Manufacturing
and services

Private

2003

42,652

42,652

42,652

Direct
investment

Russian Standard Bank

Development of consumer finance


operations and expansion of regional
operations.

Insurance and
financial
services

Private

2003

13,871

13,871

13,871

Direct
investment

Surgut Housing

Loan to fund urban renewal and lay the


foundations for major transformation of the
housing stock in Siberian city of Surgut.

Municipal and
environmental
infrastructure

State

2007

30,751

16,016

16,016

Direct
investment

Rising Star Media

Establishment of five multiplex cinemas in


Moscow and St Petersburg.

Telecoms,
Private
informatics and
media

2004

29,010

5,360

5,360

Direct
investment

Uralsib SME credit line

Credit line to assist small and medium-sized Bank lending


enterprises leasing goods.

Private

2003

10,403

10,403

10,403

Direct
investment

Lipetsk Municipal Infrastructure Project

Loan for modernisation of Lipetsk municipal Municipal and


services.
environmental
infrastructure

State

2008

16,932

16,932

16,932

Direct
investment

BTS

Acquisition of railway tank wagons and


freight locomotives.

Transport

Private

2004

39,601

13,871

13,871

Direct
investment

Russia Small Business Fund

Uralsib

Financing for micro and small enterprises.

Small business Private


finance

2003

6,935

5,548

5,548

Direct
investment

Uraltransbank SME credit line -

Credit line for on-lending to small and


medium-sized businesses.

Bank lending

2004

2,081

2,081

2,081

Russia

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Uraltransbank

Equity investment in bank focusing on


financing for small and medium-sized
enterprises.

Bank equity

Private

2004

6,010

6,010

6,010

Direct
investment

Center-Invest Bank

Equity investment and credit line for onlending to small and medium-sized
enterprises.

Bank equity

Private

2004

9,436

6,290

3,145

9,436

Direct
investment

Narzan

Expansion of mineral water producers


bottling capacity and development of new
products.

Agribusiness

Private

2004

6,768

5,076

1,692

6,768

Direct
investment

ProBusiness Bank convertible subordinated loan

Acquisition of medium-sized regional


Russian banks.

Bank lending

Private

2003

9,709

9,709

9,709

Direct
investment

Wirtgen

ABZ-1

Leasing facility for Russian companies


modernising their road building machinery.

Manufacturing
and services

Private

2003

589

589

589

Direct
investment

Banque Socit Gnrale


Vostok

Expansion of retail lending, leasing and


mortgage finance.

Insurance and
financial
services

Private

2004

17,338

6,311

6,311

Direct
investment

Banque Socit Gnrale


Vostok

Expansion of retail lending, leasing and


mortgage finance.

Bank lending

Private

2004

52,015

17,962

17,962

Direct
investment

Banque Socit Gnrale


Vostok

Expansion of retail lending, leasing and


mortgage finance.

Bank lending

Private

2004

17,338

17,338

17,338

Direct
investment

Cherkizovsky

Restructuring of processed meats producer. Agribusiness

Private

2004

42,998

25,314

25,314

Direct
investment

Gallery

Equity financing for outdoor advertising


company.

Telecoms,
Private
informatics and
media

2005

12,484

10,403

10,403

Russia

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

JN - Wagon

Acquisition of new wagons for transport of


timber and woodchips.

Transport

Private

2006

29,859

12,685

12,685

Regional
investment

Lesaffre First Commitment

Equity investment in subsidiaries of French


yeast producer.

Agribusiness

Private

2005

80,797

8,178

8,178

Direct
investment

Wirtgen

Centrodorstroy

Leasing facility for Russian companies


modernising their road building machinery.

Manufacturing
and services

Private

2003

1,035

690

690

Direct
investment

Nokian Tyres

Construction of tyre plant.

Manufacturing
and services

Private

2004

97,416

25,000

25,000

Direct
investment

Sibacadembank

Equity investment in bank.

Bank equity

Private

2004

20,060

20,060

20,060

Direct
investment

Renaissance Life Insurance

Equity investment in life insurance company. Insurance and


financial
services

Private

2004

13,321

10,591

10,591

Direct
investment

System Operator SCADA

Implementation of control and energy


management system.

Power and
energy

State

2004

120,000

60,000

60,000

Direct
investment

Actex

Purchase, transport, storage, sale and


export/import of agricultural commodities.

Agribusiness

Private

2004

18,725

8,322

8,322

Direct
investment

Yugbank SME credit line

Credit line for on-lending to small and


medium-sized businesses.

Bank lending

Private

2004

5,881

5,881

5,881

Direct
investment

Norum Russia III Fund

Equity fund investing in private companies


operating in Russia and CIS.

Equity funds

Private

2007

56,000

50,000

50,000

Russia

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Pfleiderer

Establishment of a chipboard production


facility in Podberezie.

Manufacturing
and services

Private

2005

106,999

32,000

32,000

Direct
investment

Regional Trade Facilitation


Programme

Promsvyazbank

Support for foreign trade.

Bank lending

Private

2004

54,538

36,359

18,179

54,538

Direct
investment

Russia Small Business Fund

Uraltransbank

Credit line for on-lending to small and


medium-sized businesses.

Small business Private


finance

2004

4,855

3,468

3,468

Direct
investment

GAZ

Purchase and installation of new painting


Manufacturing
facility at leading car and truck manufacturer. and services

Private

1997

21,846

21,846

21,846

Regional
investment

Europolis II

Development of commercial property


projects.

Property and
tourism

Private

2004

61,784

5,845

7,793

13,639

Direct
investment

Regional Trade Facilitation


Programme

TransCapitalBank

Support for foreign trade.

Bank lending

Private

2004

26,263

17,509

8,754

26,263

Direct
investment

NPO Petrovax Pharm

Construction of facility manufacturing flu


vaccine.

Manufacturing
and services

Private

2004

25,000

25,000

25,000

Direct
investment

International Moscow Bank

Bank lending
Development of medium-term lending
activities for corporate customers, small and
medium-sized enterprises and the retail
sector.

Private

2004

138,706

6,935

6,935

Direct
investment

Rosbank SME credit line

Credit line for on-lending to small and


medium-sized businesses.

Bank lending

Private

2004

13,871

13,871

13,871

Direct
investment

Russia Small Business Fund

NBD Bank

Credit line to NBD for on-lending to small


and medium-sized businesses.

Small business Private


finance

2004

2,774

1,387

1,387

Russia

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Regional Trade Facilitation


Programme

Credit Bank of Moscow

Support for foreign trade.

Bank lending

Private

2005

16,370

8,185

8,185

16,370

Direct
investment

Rosbank

Credit line providing long-term mortgage


loans.

Bank lending

Private

2005

20,592

20,592

20,592

Direct
investment

Wirtgen

Centrodorstroy

Leasing facility for Russian companies


modernising their road-building machinery.

Manufacturing
and services

Private

2004

1,082

1,082

1,082

Direct
investment

International Moscow Bank

Bank lending
Development of medium-term lending
activities for corporate customers, small and
medium-sized enterprises and the retail
sector.

Private

2004

13,871

13,871

13,871

Direct
investment

Samara Metallurgical Plant

Modernisation and upgrade of two aluminium Manufacturing


plants.
and services

Private

2005

104,029

20,806

20,806

Regional
investment

Regional Agricultural
Commodity Programme

Commodity financing for small and medium- Agribusiness


sized agribusinesses in Kazakhstan and
Russia.

Private

2004

219,242

76,722

76,722

Direct
investment

Ark Shipping Ltd

Acquisition and upgrade of tug boats and


barges.

Transport

Private

2004

6,756

2,245

2,245

Direct
investment

Soufflet multi-project facility

Zerno

Construction of malting plant.

Agribusiness

Private

2004

14,287

5,964

5,964

Direct
investment

Pokrov Glass

Restructuring and expansion of glass bottling Agribusiness


plant.

Private

2004

37,181

20,263

20,263

Direct
investment

Chelyabinsk tube rolling plant -

Acquisition of stake in pipe plant.

Private

2004

201,161

86,730

86,730

Russia

Manufacturing
and services

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Danone multi-project facility

Danone Industria

Investment in dairy, confectionery and


mineral water companies in Russia.

Agribusiness

Private

2004

96,213

11,813

11,813

Direct
investment

Sakha (Yakutia) Republic

Upgrading of heating and water systems in


the Republic of Sakha.

Municipal and
environmental
infrastructure

State

2006

33,657

22,880

22,880

Direct
investment

Regional Trade Facilitation


Programme

NBD Bank

Support for foreign trade.

Bank lending

Private

2004

4,447

2,223

2,223

4,447

Direct
investment

Absolut Bank

Credit line for on-lending to small and


medium-sized businesses.

Bank lending

Private

2004

6,935

6,935

6,935

Direct
investment

Transcapitalbank SME credit


line

Senior loan for on-lending to private sector


small and medium-sized businesses.

Bank lending

Private

2005

6,935

6,935

6,935

Direct
investment

Agricultural Commodity
Programme

Vneshtorgbank

Commodity financing for small and medium- Bank lending


sized agribusinesses, provided through
Vneshtorgbank.

Private

2004

25,314

17,338

17,338

Direct
investment

Russia Small Business Fund

Chelindbank

Credit line to Chelindbank for on-lending to


small and medium-sized businesses.

Small business Private


finance

2004

10,403

6,242

6,242

Regional
investment

Baring Vostok Private Equity


Fund III

Private equity fund supporting medium-sized Equity funds


companies in Kazakhstan, Russia and
Ukraine.

Private

2004

140,272

17,864

17,864

Direct
investment

BD Logistics

Development, construction and operation of Property and


two international-standard warehouses near tourism
Moscow.

Private

2005

25,392

6,135

3,068

9,203

Direct
investment

Togliatti Urban Transport


Project

Purchase of buses and upgrade of


maintenance facilities.

State

2004

7,152

5,629

5,629

Russia

Municipal and
environmental
infrastructure

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Russian Standard Bank

Syndicated loan for expansion of bank.

Insurance and
financial
services

Private

2004

62,418

20,806

20,806

Direct
investment

International Moscow Bank

Equity investment in bank.

Bank equity

Private

2005

8,081

8,081

8,081

Direct
investment

Russia Small Business Fund

Sibacadembank

Credit line to Sibacadembank for on-lending Small business Private


to small and medium-sized businesses.
finance

2004

6,935

4,508

4,508

Direct
investment

CityMortgage Bank

Loan to finance growth of CityMortgage


Banks mortgage operations.

Private

2006

12,130

12,130

12,130

Direct
investment

ProBusiness Bank

Commodity financing for small and medium- Agribusiness


sized agribusinesses.

Private

2004

4,161

4,161

4,161

Direct
investment

Spurt Bank SME credit line

Loan for on-lending to small and mediumsized businesses operating in the Republic
of Tatarstan.

Bank lending

Private

2005

6,407

6,407

6,407

Direct
investment

High River Gold

Equity stake in High River Gold, a gold


mining company.

Natural
Resources

Private

2005

9,222

9,222

9,222

Direct
investment

Air Liquide

Severstal

Construction and management of an


industrial gas facility for Severstal steel
making.

Manufacturing
and services

Private

2005

104,400

36,000

36,000

Direct
investment

Mosenergo post restructuring


loan

Loan to Mosenergo Generation Company.

Power and
energy

Private

2005

170,229

66,353

66,353

Direct
investment

Maritime Navigation Safety


Project

Construction of three radio towers for


location and identification of ships.

Transport

State

2006

12,599

4,623

4,623

Russia

Insurance and
financial
services

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Regional Trade Facilitation


Programme

Sibacadembank

Support for foreign trade.

Bank lending

Private

2004

9,016

4,508

4,508

9,016

Direct
investment

Sumitomo Leasing

Spetsgazavtotrans

Lease financing for Russian companies


modernising their construction and mining
machinery.

Manufacturing
and services

Private

2004

275

275

275

Direct
investment

Uralsib SME credit line

Credit line for on-lending to small and


medium-sized businesses.

Bank lending

Private

2004

20,806

20,806

20,806

Regional
investment

Mobile TeleSystems

Development of local network and


acquisition of regional operators.

Telecoms,
Private
informatics and
media

2004

772,645

126,969

126,969

Direct
investment

Uralkaly

Modernisation of potassium salt producer


and construction of power plant.

Manufacturing
and services

Private

2004

41,612

22,086

22,086

Direct
investment

VTB 24 Bank

Credit line for on-lending to micro and small Small business Private
businesses.
finance

2006

138,706

78,022

78,022

Direct
investment

SREI Leasing

Financing to help the company to increase


its leasing portfolio and reach more local
small and medium-sized companies in
Russia.

Private

2007

9,078

5,000

5,000

Direct
investment

Sky Express

Investment in Russias first low-cost airline. Transport

Private

2006

41,675

5,590

2,795

8,385

Direct
investment

Hansabank

Equity investment to support capital increase Bank equity


and extension of operations.

Private

2005

22,174

22,174

22,174

Direct
investment

Ufa District Heating

Modernisation and construction of heating


sub-stations in the Republic of
Bashkortostan.

State

2006

11,679

8,251

8,251

Russia

Insurance and
financial
services

Municipal and
environmental
infrastructure

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Direct
investment

Credit Bank of Moscow

Credit line for on-lending to local private


Bank lending
sector small and medium-sized businesses.

Private

2005

6,935

6,935

6,935

Direct
investment

V-Lazer

Construction and start-up cost of four new


white goods stores in Russias Far East.

Manufacturing
and services

Private

2005

20,950

7,500

7,500

Direct
investment

Botnia SVIR

Partial financing for the construction and


start-up of a new sawmill.

Manufacturing
and services

Private

2005

65,000

22,500

22,500

Direct
investment

Rusfinance Bank

Rouble loan to finance the portfolio of


consumer loans.

Insurance and
financial
services

Private

2006

48,049

48,049

48,049

Direct
investment

Vologda Municipal Water


Services

Comprehensive modernisation of water and Municipal and


waste-water facilities.
environmental
infrastructure

State

2006

11,252

8,397

8,397

Direct
investment

Impex Bank

Expansion of lending to private sector small Bank lending


and medium-sized businesses.

Private

2005

13,871

13,871

13,871

Direct
investment

Locko Bank

Credit line for lending to small and medium- Bank lending


sized businesses.

Private

2005

6,935

6,935

6,935

Direct
investment

Ufa glass packaging plant

Construction of a plant near Ufa.

Agribusiness

Private

2005

101,086

30,954

30,954

Direct
investment

Enforta

Loan to enable provision of broadband


services to Russian regions.

Telecoms,
Private
informatics and
media

2007

3,468

3,468

3,468

Direct
investment

News CIS

Senior secured loan to facilitate creation of a Telecoms,


Private
pan-regional outdoor advertising network.
informatics and
media

2005

96,401

16,218

16,218

Russia

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Regional
investment

Volia Voda

Equity investment in Volia Voda enabling it Municipal and


to expand in central and eastern Europe,
environmental
Russian and Ukraine.
infrastructure

Private

2007

25,200

25,200

25,200

Direct
investment

Sumitomo Leasing

Razrez Raspadskiy

Lease financing for Russian companies


modernising their construction and mining
machinery.

Manufacturing
and services

Private

2005

714

714

714

Direct
investment

Vestel

Construction of a white goods production


facility.

Manufacturing
and services

Private

2005

55,482

19,419

19,419

Direct
investment

Promsvyazbank SME Credit


Line

Credit line for on-lending to small and


medium-sized businesses.

Bank lending

Private

2005

20,806

20,806

20,806

Direct
investment

Toyota Russia

Construction of automotive assembly plant. Manufacturing


and services

Private

2005

134,822

19,696

19,696

Direct
investment

DeltaCredit syndicated loan

Loan to expand the banks mortgage loan


portfolio.

Insurance and
financial
services

Private

2005

31,209

10,403

10,403

Direct
investment

Saint Gobain Packaging


Regional Facility

Modernisation of Sitalls glass packaging


plant.

Agribusiness

Private

2005

9,495

1,721

1,721

Direct
investment

Promsvyazbank

Syndicated loan to help one of Russia's


largest private banks to expand its retail
activities, extend longer-term funding and
increase small business lending.

Bank lending

Private

2007

208,059

58,950

58,950

Direct
investment

Federal Grid Company

Rouble financing for modernisation of the


companys infrastructure.

Power and
energy

State

2005

205,641

39,126

39,126

Direct
investment

Regional Trade Facilitation


Programme

Spurt Bank

Support for foreign trade.

Bank lending

Private

2005

684

342

342

684

Russia

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Direct
investment

Description

Sector

Portfolio
Class

Quadriga Private Equity Fund -

Investment in private equity fund.

Equity funds

Private

2005

58,241

33,682

33,682

Direct
investment

Renaissance Capital Bank


rouble loan

Loan to finance the portfolio of consumer


loans.

Insurance and
financial
services

Private

2005

19,220

19,220

19,220

Direct
investment

Koskitukki Russia

Construction of a new sawmill and veneer


and plywood plant.

Manufacturing
and services

Private

2006

38,100

1,200

1,200

Regional
investment

Emerging Europe
Convergence Fund II

Direct equity fund investing in central and


eastern Europe.

Equity funds

Private

2005

6,000

6,000

6,000

Direct
investment

Center-Invest Bank

Subscription to newly issued shares.

Bank equity

Private

2005

4,118

4,118

4,118

Direct
investment

Sumitomo Leasing

Mezhregiontruboprovodstroy

Lease financing for Russian companies


modernising their construction and mining
machinery.

Manufacturing
and services

Private

2005

252

252

252

Direct
investment

Russia Small Business Fund

Uralvneshtorgbank (UVTB)

Financing for micro and small enterprises.

Small business Private


finance

2005

2,774

2,219

2,219

Direct
investment

Rosbank

Loan to cover banks development in lending Bank lending


to business and private customers.

Private

2006

34,676

34,676

34,676

Regional
investment

Marbleton Property Fund

Equity funding for office, residential, retail


and industrial property
development, primarily in Russia and
Ukraine

Property and
tourism

Private

2006

178,158

22,253

22,253

Direct
investment

Primsots bank

Investment to support SME lending


programme.

Bank lending

Private

2005

2,059

2,059

2,059

Russia

Sub project

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Sumitomo Leasing

Krasnoyarsk- krayugol

Lease financing for Russian companies


modernising their construction and mining
machinery.

Manufacturing
and services

Private

2005

312

312

312

Direct
investment

Regional Trade Facilitation


Programme

Locko Bank

Support for foreign trade.

Bank lending

Private

2005

25,381

12,691

12,691

25,381

Direct
investment

Russia Small Business Fund

Forus

Financing for micro and small enterprises.

Small business Private


finance

2005

4,118

3,089

3,089

Direct
investment

Russian Regional Jet

Finance for the purchase of equipment and Transport


to support the upgrade of production
facilities, as well as the production and sale
of the aircraft.

Private

2007

1,263,321

100,000

100,000

Direct
investment

Gallery

Equity financing for outdoor advertising


company.

Telecoms,
Private
informatics and
media

2005

25,144

4,115

4,115

Direct
investment

Regional Trade Facilitation


Programme

Support for foreign trade

Bank lending

Private

2005

5,683

2,842

2,842

5,683

Direct
investment

DeltaCredit rouble mortgage


loan

Loan for financing rouble-denominated


mortgages.

Insurance and
financial
services

Private

2005

6,864

6,864

6,864

Direct
investment

Europlan syndicated loan

Loan to leading SME leasing company.

Insurance and
financial
services

Private

2005

27,741

9,224

9,224

Direct
investment

Belaya Kalitva Metallurgical


Association

Environmental and modernisation


Manufacturing
programme for two rolling mills acquired by and services
Alcoa Inc.

Private

2005

2,081

1,387

1,387

Direct
investment

Khanti Mansi regional


municipal services
development

Surgutski Rayon.

Investment in Surgutski Rayon municipal


district heating, water and waste-water
infrastructure.

State

2006

24,391

16,016

16,016

Russia

Municipal and
environmental
infrastructure

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Sitronics

Investment in a large industrial and


consumer electronics company.

Manufacturing
and services

Private

2006

206,294

62,734

62,734

Direct
investment

Sibacadembank

Credit line for on-lending as medium and


long-term loans.

Bank lending

Private

2006

27,742

3,468

3,468

Direct
investment

Chelindbank

Credit facility for on-lending as long-term


affordable mortgage loans.

Bank lending

Private

2006

3,203

3,203

3,203

Direct
investment

Bank Kedr

Equity investment to support geographical


expansion and development of lending to
small and medium-sized businesses.

Bank equity

Private

2006

20,613

10,613

10,613

Direct
investment

ING Life Insurance Russia

Equity investment in ING life insurance


Russia.

Insurance and
financial
services

Private

2007

8,549

8,549

8,549

Direct
investment

Novogor Prikamie

Support for municipal water and wastewater Municipal and


system in Perm.
environmental
infrastructure

Private

2008

34,321

17,160

17,160

Direct
investment

Lukoil

Programme to improve the environmental,


health and safety performance of various
upstream, midstream or downstream
facilities operated by Lukoil.

Private

2007

208,059

104,029

104,029

Direct
investment

Transcapitalbank

Credit line for the development of the banks Bank lending


mortgage lending.

Private

2005

3,468

3,468

3,468

Direct
investment

Russian Standard Bank


securitisation

Investment to enable consumer lending.

Insurance and
financial
services

Private

2005

250,032

8,532

8,532

Direct
investment

RSB Rouble Loan

Rouble loan to support consumer lending


outside the Moscow region.

Insurance and
financial
services

Private

2006

20,592

20,592

20,592

Russia

Natural
Resources

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Direct
investment

Promsvyazbank subordinated loan

Credit line to support SME lending activities Bank lending


in the regions.

Private

2005

34,321

34,321

34,321

Direct
investment

Independent Leasing

Long-term loan to help develop the Russian Insurance and


leasing sector.
financial
services

Private

2007

14,161

14,161

14,161

Direct
investment

Primsotsbank

Support for a bank based in Russia's Far


East, enabling it to expand and develop its
small business lending programme.

Bank equity

Private

2007

7,676

4,244

4,244

Direct
investment

Sumitomo Leasing

Krasnoyarsk- krayugol

Lease financing for Russian companies


modernising their construction and mining
machinery.

Manufacturing
and services

Private

2005

176

176

176

Direct
investment

International Moscow Bank

Equity increase to allow continued growth.

Bank equity

Private

2006

7,736

7,736

7,736

Direct
investment

Yug Rusi

Finance for an edible oil producer and


agricultural commodities trader.

Agribusiness

Private

2006

230,287

64,498

64,498

Direct
investment

Bank of St Petersburg

Loan for on-lending to local small and


medium-sized businesses.

Bank lending

Private

2006

20,806

20,806

20,806

Direct
investment

HydroOGK

Refurbishment of the hydroelectric cascade Power and


and development of renewable energy
energy
production.

State

2006

466,276

52,625

52,625

Direct
investment

SKB Bank

Loan for on-lending to small and mediumsized enterprises.

Private

2009

6,935

3,468

3,468

Direct
investment

Orgresbank

Equity investment to help regional expansion Bank equity


and development of small and medium-sized
enterprise lending.

Private

2007

32,808

32,808

32,808

Russia

Sub project

Description

Sector

Bank lending

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Okey

Loan for Russian hypermarket chain


development.

Agribusiness

Private

2008

565,557

72,822

72,822

Direct
investment

DeltaLeasing

Loan to support the growth of the leasing


Insurance and
sector in the Russian Far East, Sakhalin and financial
Siberia.
services

Private

2006

12,484

4,161

4,161

Direct
investment

Saratov shopping centre

Finance for the development, construction


and start-up costs of Saratov Shopping
Centre.

Property and
tourism

Private

2007

59,478

18,100

18,100

Direct
investment

MDM Bank

Loan to help expand retail activities, extend Bank lending


longer-term funding and increase small
business lending.

Private

2007

208,059

69,353

69,353

Direct
investment

RSB term securitisation

Investment to enable easier provision of


consumer loans.

Insurance and
financial
services

Private

2006

300,000

40,000

40,000

Direct
investment

Direct Insurance Russia

Loan to an insurance company for further


development of the Russian insurance
market.

Insurance and
financial
services

Private

2006

26,662

22,662

22,662

Direct
investment

General Motors Russian


Assembly Plant

Finance for construction and operation of a


greenfield vehicle assembly facility in
Shushary, St. Petersburg.

Manufacturing
and services

Private

2008

225,952

67,966

67,966

Regional
investment

BSR Europe Co-Investment


Facility

Equity investment in a company developing Property and


office, retail, residential and industrial real
tourism
estate in Russia.

Private

2006

20,000

7,000

7,000

Regional
investment

Alpha CEE II

Diversified regional private equity fund


dedicated to central and eastern Europe.

Equity funds

Private

2006

2,500

2,500

2,500

Direct
investment

Louis Dreyfus Infrastructure

Upgrade of existing assets of silo-operating Agribusiness


company, and potential acquisition of new
sites.

Private

2006

59,990

20,806

20,806

Russia

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Direct
investment

Spurt Bank

Equity investment to help strengthen Spurt Bank equity


Banks capital, bolster its position in its home
market as well as finance its strategy of
regional expansion.

Private

2007

14,101

14,101

14,101

Direct
investment

Element Leasing

Loan to help develop leasing to small and


medium-sized enterprises.

Insurance and
financial
services

Private

2007

6,935

6,935

6,935

Direct
investment

Sibacadembank

Loan to finance on-lending to small and


medium-sized businesses and retail
customers in Siberia.

Bank lending

Private

2006

41,612

13,871

13,871

Direct
investment

Lafarge Vostok

Loan to acquire, modernise and operate


facilities producing cement, concrete and
lime.

Manufacturing
and services

Private

2006

347,997

69,999

69,999

Direct
investment

Transcapitalbank

Equity investment supporting banks


continued growth.

Bank equity

Private

2006

33,769

33,769

33,769

Direct
investment

Russia Small Business Fund

MDM Bank

Credit line for on-lending to small and


medium-sized businesses.

Small business Private


finance

2006

34,676

27,741

27,741

Regional
investment

Europolis III

Property and
tourism

Private

2006

99,000

8,400

12,600

21,000

Direct
investment

Project Rust / Vyso

Equity investment allowing the creation of a


regional portfolio of property assets in
Bosnia and Herzegovina, Bulgaria, FYR
Macedonia, Montenegro, Romania, Russia,
Serbia and Ukraine.
Equity investment to support the launch of
new corrosion protection services and for oil
and gas platforms.

Manufacturing
and services

Private

2007

11,853

3,354

5,031

8,386

Direct
investment

Wienerberger Russia I

Construction of a new brick production plant. Manufacturing


and services

Private

2006

38,000

13,300

13,300

Direct
investment

RESO Insurance

Insurance and
Equity investment to support the groups
expansion of its core insurance activities and financial
services
to help with the continued growth of its
operations across Russia.

Private

2007

118,608

118,608

118,608

Russia

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Sector

Direct
investment

Russia Small Business Fund

NBD Loan Tranche IX

Credit line for on-lending to small and


medium-sized businesses.

Small business Private


finance

2006

5,548

3,468

3,468

Direct
investment

Center-Invest Bank

Loan for on-lending to local small and


medium-sized businesses.

Bank lending

Private

2006

31,209

10,403

10,403

Direct
investment

Fazer

Expansion of a bakery business.

Agribusiness

Private

2008

80,083

32,033

32,033

Direct
investment

AHML Residential

Investment in the first public issue of


residential mortgage-backed securities in
Russia.

Insurance and
financial
services

Private

2007

6,040

6,040

6,040

Direct
investment

Kazan water and waste water -

Loan to Kazan city for upgrading of water


and waste-water facilities.

Municipal and
environmental
infrastructure

State

2007

10,639

8,008

8,008

Direct
investment

Volkswagen Rus

Construction and operation of a new


automobile production plant.

Manufacturing
and services

Private

2006

292,100

30,000

30,000

Regional
investment

Clean Globe International Oil


Spill Protection

Natural
Resources

Private

2007

28,768

1,628

1,628

Direct
investment

Rosmorport

Establishment of crude oil spill response


centres in key locations in the Banks
countries of operations and provision of
regional training, prevention and remedial
services
Finance for upgrading of the auxiliary fleet
and to enable the port to adjust to new fee
structures.

Transport

State

2007

99,867

66,578

66,578

Direct
investment

St Petersburg waste water

Construction and operation of a waste-water Municipal and


treatment facility.
environmental
infrastructure

State

2006

91,000

41,000

41,000

Direct
investment

Absolut Bank

Loan to diversify banks funding base and


support growth of individual and business
clientele.

Private

2006

83,224

27,741

27,741

Russia

Bank lending

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Direct
investment

Moscow Credit Bank

Capital provided to support ongoing growth. Bank lending

Private

2006

13,871

13,871

13,871

Direct
investment

Sibacadembank

Loan to further development of a leading


regional bank.

Bank lending

Private

2006

13,871

13,871

13,871

Direct
investment

Subordinated Loan Framework Locko Bank


for Russian Mid-sized banks

Loan to finance development and expansion. Bank lending

Private

2007

13,871

13,871

13,871

Direct
investment

Probusinessbank

Capital provided to support ongoing growth. Bank lending

Private

2006

4,161

4,161

4,161

Direct
investment

MDM Bank Auto Loan


Securitisation

Investment to enable easier provision of


consumer automobile loans.

Insurance and
financial
services

Private

2006

328,456

24,274

24,274

Direct
investment

OAO Severstal

Loan for energy efficiency improvements.

Manufacturing
and services

Private

2007

600,000

150,000

150,000

Direct
investment

SKB Bank

Equity investment to support the expansion Bank equity


of operations with private sector small and
medium sized enterprises and retail
customers in the Urals region.

Private

2007

36,765

36,765

36,765

Direct
investment

Lenta II

Geographical expansion of Lenta discount


store chain.

Agribusiness

Private

2006

36,064

10,403

10,403

Direct
investment

Russia Small Business Fund

Transcapital Bank

Credit line for on-lending to small and


medium-sized businesses.

Small business Private


finance

2007

4,161

2,774

2,774

Direct
investment

ChTPZ Steel

Loan to construct a steel plant to produce


components for pipes.

Manufacturing
and services

2007

305,995

27,442

27,442

Russia

Sector

Portfolio
Class

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Direct
investment

ChTPZ Group Modernisation

Loan to refinance existing loans and to fund Manufacturing


the construction of a finishing centre at
and services
Pervoural.

Private

2007

119,999

34,782

34,782

Direct
investment

Regional Trade Facilitation


Programme

MDM

Support for foreign trade.

Bank lending

Private

2007

270

135

135

270

Direct
investment

Russia Small Business Fund

Probusiness Bank

Credit line for on-lending to small and


medium-sized businesses.

Small business Private


finance

2006

6,935

4,855

4,855

Direct
investment

Stora Enso Multi-project


Facility

Lukhovitsy

Modernisation and/or construction of new


plants supplying paper and packaging
manufacturer Stora Enso.

Manufacturing
and services

Private

2006

73,000

15,000

15,000

Direct
investment

Russia Small Business Fund

Absolut Bank

Credit line for on-lending to small and


medium-sized businesses.

Small business Private


finance

2006

6,935

5,548

5,548

Direct
investment

Troika Russia New Growth


Fund

Investment in a private equity fund.

Equity funds

Private

2006

128,568

24,539

24,539

Direct
investment

Bank Kazansky

Loan for on-lending to small and mediumsized enterprises.

Bank lending

Private

2007

2,974

2,974

2,974

Direct
investment

LG Russia

Construction and operation of a production


facility for affordable, high-quality digital
electronic equipment and white goods.

Manufacturing
and services

Private

2006

83,224

6,935

6,935

Direct
investment

Stora Enso Multi-project


Facility

Setles II

Modernisation and/or construction of new


plants supplying paper and packaging
manufacturer Stora Enso.

Manufacturing
and services

Private

2006

31,750

7,000

7,000

Direct
investment

Stora Enso Multi-project


Facility

Nebolchi II

Modernisation and/or construction of new


plants supplying paper and packaging
manufacturer Stora Enso.

Manufacturing
and services

Private

2006

50,000

14,000

14,000

Russia

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

AR Carton

Loan to finance the construction of a new


production unit iin St Petersburg.

Manufacturing
and services

Private

2007

18,250

9,000

9,000

Direct
investment

KMB Bank

Participation in capital increase to raise


funding to micro, small and medium-sized
businesses.

Small business Private


finance

2006

42,335

36,043

36,043

Direct
investment

Center-Invest Bank

Equity increase to allow continued growth.

Bank equity

Private

2006

12,534

12,534

12,534

Direct
investment

Sumitomo Leasing

OAO Razrez Kiselevskiy

Lease financing for Russian companies


modernising their construction and mining
machinery.

Manufacturing
and services

Private

2006

283

283

283

Direct
investment

Sumitomo Leasing

OAO Nizhne-Lenskoe

Lease financing for Russian companies


modernising their construction and mining
machinery.

Manufacturing
and services

Private

2006

483

483

483

Direct
investment

Sumitomo Leasing

ZAO Chernigovets

their construction and mining machinery.

Manufacturing
and services

Private

2006

643

643

643

Direct
investment

RSB auto loan securitisation

Investment to enable easier provision of


consumer automobile loans.

Insurance and
financial
services

Private

2006

245,000

20,000

20,000

Direct
investment

OAO Autocrane

Loan to enable company to improve


corporate governance and business
practices.

Manufacturing
and services

Private

2007

27,741

13,871

13,871

Regional
investment

Centras Private Equity Fund

Private equity fund investing in companies


operating in or exporting products or
services from Kazakhstan, Russia and
Central Asia.

Equity funds

Private

2007

629

629

629

Direct
investment

Rosvodokanal

Loan to finance rehabilitation and upgrade of Municipal and


the water and wastewater infrastructure.
environmental
infrastructure

Private

2008

396,010

34,321

34,321

Russia

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Direct
investment

Private Equity Fund CoInvestment Facility

Hansastroi

Equity investment in a real estate company Manufacturing


in St Petersburg.
and services

Private

2007

32,700

5,000

5,000

Direct
investment

Soufflet Multi-project Facility

Agro Rus ACL 2007

Local currency working capital financing of


malt for barley production.

Private

2007

10,979

10,979

10,979

Direct
investment

TransContainer

Equity stake in Russia's largest rail container Transport


operator.

State

2007

133,035

133,035

133,035

Direct
investment

OGK-5

Acquisition of shares in a thermal generating Power and


company, providing capital for upgrade work. energy

Private

2006

25,926

25,926

25,926

Direct
investment

Lenta Hypermarkets III

Equity investment to promote further


expansion of the hypermarket chain.

Agribusiness

Private

2007

92,593

92,593

92,593

Direct
investment

Vostochny Express

Credit line for mortgage lending in Russia's


Far East.

Bank lending

Private

2007

9,152

4,576

4,576

Direct
investment

Guardian Russia

Loan to finance greenfield construction of a Manufacturing


glass production plant in Ryazan.
and services

Private

2007

141,859

49,193

49,193

Direct
investment

Ufa waste water

Municipal and
environmental
infrastructure

State

2007

14,719

11,440

11,440

Regional
investment

Accession Mezzanine Capital II -

Loan to finance priority capital investments


to improve the water and waste-water
infrastructure and services, thus decreasing
the level of pollution reaching the Volga
River and the Caspian Sea.
Private equity fund investing in central and
south-eastern European as well as Russia
and Ukraine.

Equity funds

Private

2007

20,000

4,000

4,000

Direct
investment

TGK-1

Power and
energy

Private

2006

108,001

28,000

28,000

Russia

Investment in heating network.

Sector

Agribusiness

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

Baring Vostok Private Equity


Fund IV

Private equity fund investing in middlemarket enterprises.

Equity funds

Private

2007

582,481

16,561

16,561

Direct
investment

Azbuka Vkusa

Support for expansion of a retail chain.

Agribusiness

Private

2008

34,676

20,806

20,806

Direct
investment

Russia Small Business Fund

Vostochny Express Bank

Credit line for on-lending to small and


medium-sized businesses.

Small business Private


finance

2007

10,296

8,466

8,466

Direct
investment

Khanty-Mansi Municipal
Services Development
Programme

Pyt'Ya

Improving heating and water services in


Siberia.

Municipal and
environmental
infrastructure

2008

13,728

8,008

8,008

Direct
investment

Russia Small Business Fund

Spurt Bank

Credit line to a leading bank in Tatarstan for Small business Private


on-lending to small and medium-sized
finance
businesses.

2007

2,974

1,830

1,830

Direct
investment

Russia Small Business Fund

Chelindbank

Credit line for on-lending to small and


medium-sized businesses.

Small business Private


finance

2007

5,949

4,805

4,805

Direct
investment

Viatra II

Private
Support for restructuring and consolidation of Telecoms,
the outdoor advertising sector and expansion informatics and
of the overall advertising industry in Russia. media

2007

5,344

5,344

5,344

Direct
investment

Center-Invest Bank

Credit line to finance mortgages, energy


Bank lending
efficiency loans and small and medium-sized
business loans.

Private

2007

21,394

10,697

10,697

Direct
investment

Daido Metal Russia

Loan to help finance the purchase of an


existing auto parts manufacturer in Nizhny
Novgorod.

Manufacturing
and services

Private

2007

13,377

2,974

2,974

Direct
investment

Bank Kedr

Loan for on-lending to small and mediumsized enterprises.

Bank lending

Private

2007

9,152

9,152

9,152

Russia

State

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

DeltaCredit Bank

Securitisation of residential mortgagebacked securities.

Insurance and
financial
services

Private

2007

6,935

6,935

6,935

Regional
investment

Heitman Russia and Ukraine


Property Partners

Equity investment to develop,


reconstruct, acquire, own and manage real
estate property in Russia and Ukraine.

Property and
tourism

Private

2007

58,632

375

375

Direct
investment

Monetka

Support for expansion of a regional food


retailer.

Agribusiness

Private

2008

104,031

13,871

13,871

Direct
investment

Kaliningrad water and


environmental upgrade

Finance for infrastructure investments


necessary to improve water supply and
waste-water services.

Municipal and
environmental
infrastructure

State

2009

21,800

12,000

12,000

Regional
investment

Clean Globe Oil Spill


Investment

Equity investment in oil spill response


centres.

Natural
Resources

Private

2007

7,820

920

920

Regional
investment

Imperial Mining

Exploration and development of base metal Natural


and precious metal licences.
Resources

Private

2008

22,785

7,527

7,527

Direct
investment

OGK-5

Equity investment in the Russian power


sector.

Power and
energy

Private

2008

2,500,000

175,000

175,000

Direct
investment

NBD Bank

Credit line for on-lending to small and


medium-sized businesses.

Bank lending

Private

2007

13,871

3,468

3,468

Direct
investment

Detsky Mir

Loan for expansion of the retail network.

Manufacturing
and services

Private

2008

34,676

20,806

20,806

Direct
investment

Far Eastern Shipping


Company

Equity investment to develop a


transportation network.

Transport

Private

2008

77,429

77,429

77,429

Russia

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Sector

Direct
investment

Russia Small Business Fund

NBD Bank

Credit line for on-lending to small and


medium-sized businesses.

Small business Private


finance

2007

4,347

2,974

2,974

Direct
investment

Regional Venture Funds

Eagle Urals Fund

Supports businesses in Perm, Sverdlorsk


and Chelyabinsk.

Equity funds

Private

1994

29,683

29,683

29,683

Direct
investment

Regional Venture Funds

North-West and West


Russia

Supports businesses in north-west and


west Russia.

Equity funds

Private

1995

82,135

82,135

82,135

Direct
investment

Regional Venture Funds

Far East and East Siberia

Supports businesses in far east and east


Siberia.

Equity funds

Private

1994

11,489

11,489

11,489

Direct
investment

Regional Venture Funds

North-West and West


Russia

Supports businesses in north-west and west Equity funds


Russia.

Private

1995

29,257

29,257

29,257

Direct
investment

Regional Venture Funds

West Siberia

Supports businesses in Novosibirsk, Altay,


Tomsk and Kemerovo.

Equity funds

Private

1995

25,129

25,129

25,129

Direct
investment

Regional Venture Funds

Southern Russia

Supports businesses in southern Russia.

Equity funds

Private

1995

5,732

5,732

5,732

Direct
investment

Regional Venture Funds

Eagle Black Earth Fund

Supports businesses in the Black Earth


region in south-eastern Russia.

Equity funds

Private

1996

22,530

22,530

22,530

Direct
investment

Regional Venture Funds

Eagle Smolensk Fund

Supports businesses in the Smolensk


region.

Equity funds

Private

1994

8,213

8,213

8,213

Direct
investment

Russia Small Business Fund

Locko Bank

Credit line for on-lending to small and


medium-sized businesses.

Small business Private


finance

2007

7,779

5,949

5,949

Russia

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Regional Venture Funds

St Petersburg

Supports businesses in the St Petersburg


and Leningrad region.

Equity funds

Private

1994

29,516

29,516

29,516

Direct
investment

Regional Venture Funds

Central Russia

Supports businesses in Nizhny Novgorod,


Ivanovo, Kostroma, Vladmir and Yaroslavl.

Equity funds

Private

1995

25,614

25,614

25,614

Regional
investment

Troika Dialogue

Loan to encourage development of financial Insurance and


financial
intermediation in Russia and the CIS and
services
foster competition on the local capital
markets.

Private

2007

81,316

34,850

34,850

Direct
investment

Russia Small Business Fund

Center-Invest Bank

Credit line for on-lending to small and


medium-sized businesses.

Small business Private


finance

2007

5,949

3,661

3,661

Direct
investment

Russia Small Business Fund

RosevroBank

Credit line for on-lending to small and


medium-sized businesses.

Small business Private


finance

2007

14,186

11,898

11,898

Direct
investment

Enforta

Equity investment in Russian telecoms


operator to enable provision of broadband
services to Russian regions.

Telecoms,
Private
informatics and
media

2007

4,314

4,314

4,314

Direct
investment

Russia Small Business Fund

UraltransBank

Credit line for on-lending to small and


medium-sized businesses.

Small business Private


finance

2007

5,949

3,661

3,661

Regional
investment

I Fund

Co-financing for small and medium-sized


enterprises.

Equity funds

Private

1995

5,967

5,967

5,967

Regional
investment

Russia Partners III

agribusinesses in Kazakhstan and Russia.

Equity funds

Private

2007

34,169

34,169

34,169

Direct
investment

Wienerberger Russia II

Financing the construction of a brick


manufacturing plant near Kazan.

Manufacturing
and services

Private

2007

3,894

3,894

3,894

Russia

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

TGK-9

Support for the enhancement of energy


efficiency in generation, upgrade of
infrastructure and industrial growth.

Power and
energy

Private

2007

139,162

139,162

139,162

Direct
investment

SREI Leasing

Financing to help the company to increase


its leasing portfolio and reach more local
small and medium-sized companies in
Russia.

Insurance and
financial
services

Private

2007

1,415

1,415

1,415

Direct
investment

Globus

Loan for the construction and operation of


hypermarkets around the Moscow region.

Agribusiness

Private

2008

134,470

45,592

45,592

Direct
investment

Petrovax

Local currency investment for


pharmaceutical company expansion.

Manufacturing
and services

Private

2008

18,184

18,184

18,184

Direct
investment

Europlan

Local currency loan for on-lending to small


and medium-sized enterprises in Russia.

Insurance and
financial
services

Private

2008

13,728

13,728

13,728

Direct
investment

Volkswagen Rus

Loan to Volkswagen Rus for construction of Manufacturing


an auto production plant near Kaluga.
and services

Private

2007

599,119

119,824

119,824

Direct
investment

Taganrog Teploenergo

Equity participation to support the upgrade of Municipal and


district heating infrastructure increase
environmental
energy efficiency.
infrastructure

Private

2007

3,739

1,869

1,869

3,739

Regional
investment

Baring Vostok Private Equity


Supplemental Fund

Private equity fund investing in Russia,


Kazakhstan and Ukraine.

Equity funds

Private

2007

250,134

27,699

27,699

Direct
investment

IPL

Leasing of rolling stock to private rail


operators.

Transport

Private

2007

105,396

45,426

45,426

Direct
investment

Credit Bank of Moscow

Credit line to support the efforts of the bank Bank lending


to develop SME lending further.

Private

2008

6,935

3,468

3,468

Russia

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Direct
investment

SKB Bank

Loan to finance development and expansion. Bank lending

Private

2007

13,338

13,338

13,338

Direct
investment

Neva Discharge

Modernisation of wastewater treatment plant.Municipal and


environmental
infrastructure

State

2009

90,000

17,500

17,500

Direct
investment

Russia Small Business Fund

Finca (Samara)

Loan for on-lending to small and mediumsized enterprises.

Small business Private


finance

2009

4,118

2,018

2,018

Regional
investment

Kazakhstan Growth Fund

Equity investments to strengthen private


companies.

Equity funds

Private

2008

1,517

1,387

1,387

Direct
investment

Regional Trade Facilitation


Programme

ICICI Bank Eurasia

Support for foreign trade.

Bank lending

Private

2008

694

347

347

694

Direct
investment

Stora Enso Multi-project facility -

Greenfield construction of packaging plant in Manufacturing


Balbanovo.
and services

Private

2007

23,100

5,850

5,850

Direct
investment

Multi-product framework for


medium-sized banks

Transcapital Bank

Support for expansion of bank's operations. Bank equity

Private

2008

5,102

5,102

5,102

Regional
investment

Russian Developer Fund

Property and
Equity investment to support real estate
developers in Armenia, Azerbaijan, Belarus, tourism
Georgia, Kazakhstan, Kyrgyzstan, Moldova,
Russia, Tajikistan, Ukraine and Uzbekistan.

Private

2008

92,903

18,653

18,653

Direct
investment

Khanty Mansi District Heating -

Modernisation of district heating networks


and heat generating facilities.

Municipal and
environmental
infrastructure

State

2009

41,169

29,745

29,745

Direct
investment

Irkutsk Oil and Gas Company -

Financing for a gas recycling project in


eastern Siberia.

Natural
Resources

Private

2009

121,466

90,000

90,000

Russia

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Regional
investment

Westdeutsche Allgemeine
Zeitung

Telecoms,
Private
Equity investment for development and
informatics and
expansion of WAZ Media Group into new
markets across central and eastern Europe media
and the CIS.

2008

21,500

10,000

10,000

Direct
investment

Krasnodar Glass Packaging


Plant

Finance to support the construction of a


greenfield bottling plant in Krasnodar.

Private

2008

76,719

22,212

22,212

Direct
investment

Independent Leasing Equity


Investment

Finance for expansion of a leasing company. Insurance and


financial
services

Private

2008

2,952

2,952

2,952

Direct
investment

Taganrog District Heating


Company

Finance for rehabilitation and upgrade of


district heating infrastructure in Taganrog.

Private

2008

5,057

5,057

5,057

Direct
investment

Russia Small Business Fund

Spurt Bank II

Credit line to a leading bank in Tatarstan for Small business Private


on-lending to small and medium-sized
finance
businesses.

2007

2,974

1,830

1,830

Direct
investment

OGK-5

Rehabilitation and replacement of units at


Nevinnomysk power plant.

Power and
energy

Private

2009

409,000

120,000

120,000

Direct
investment

Lukoil

Modernisation of TGK-8 power plants.

Power and
energy

Private

2009

317,633

104,028

104,028

Direct
investment

Irkutsk Oil and Gas Company -

Equity investment to reduce greenhouse gas Natural


emissions.
Resources

Private

2008

54,520

54,520

54,520

Direct
investment

Sinara Transport Machines

Loan for development of railway transport.

Manufacturing
and services

Private

2008

200,430

45,079

45,079

Direct
investment

Center-Invest Bank

To finance residential mortgages to


individuals, energy efficiency and other
projects of local companies and SMEs.

Bank lending

Private

2008

13,871

13,871

13,871

Russia

Sector

Agribusiness

Municipal and
environmental
infrastructure

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Regional Trade Facilitation


Programme

MasterBank

Support for foreign trade.

Bank lending

Private

2008

5,362

2,681

2,681

5,362

Direct
investment

Russia Small Business Fund

SovComBank

Financing for micro and small enterprises.

Small business Private


finance

2008

11,211

9,152

9,152

Direct
investment

Kuzbassky Pischekombinat

Financing for the mid-term investment


programme of a pig breeding and meat
processing company.

Agribusiness

Private

2009

21,200

10,000

10,000

Direct
investment

Russia Small Business Fund

UraltransBank

Credit line for on-lending to small and


medium-sized businesses.

Small business Private


finance

2008

8,322

8,198

8,198

Direct
investment

Russia Small Business Fund

MasterBank

Credit line for on-lending to small and


medium-sized businesses.

Small business Private


finance

2008

5,354

2,631

2,631

Direct
investment

Bank St Petersburg

Syndicated loan for on-lending to enterprises Bank lending


including trade finance, small and mediumsized loans and retail.

Private

2008

69,353

17,338

17,338

Direct
investment

Credit Bank of Moscow

Finance for on-lending to small and medium- Bank lending


sized enterprises.

Private

2008

69,352

20,806

20,806

Regional
investment

UFG Private Equity Fund II

Investment in a private equity fund that


Equity funds
targets medium-sized enterprises in the CIS.

Private

2009

31,331

31,331

31,331

Direct
investment

Globaltrans

Finance to support railway reform


programme in Russia.

Private

2008

31,879

31,879

31,879

Direct
investment

Sovcombank

Two loans for on-lending to micro, small and Bank lending


medium-sized enterprises in Central Russia,
the Far East, Siberia and the Urals.

Private

2008

12,127

12,127

12,127

Russia

Transport

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Rosevrobank

Senior loan for on-lending to small and


medium-sized enterprises in Moscow, St
Petersburg and Russian regions.

Bank lending

Private

2008

20,806

20,806

20,806

Direct
investment

Freight One

Loan for rail fleet renovation.

Transport

State

2008

386,242

90,159

90,159

Direct
investment

Komatsu manufacturing

Equity investment in Komatsu to support a


greenfield plant producing construction
machinery.

Manufacturing
and services

Private

2009

72,127

5,548

5,548

Regional
investment

Aqualia Investment Venture

Equity in a new company that invests in


water concessions and acquires other
privately held water groups.

Municipal and
environmental
infrastructure

Private

2009

65,306

32,000

32,000

Direct
investment

Volga Industrial Park

Long-term finance for energy-efficient


warehouse facilities in Nizhny Novgorod.

Property and
tourism

Private

2008

62,735

34,200

34,200

Direct
investment

Rasec Vostok

Finance for building material and DIY retail


company.

Manufacturing
and services

Private

2008

17,000

3,450

3,450

Direct
investment

Russian Communal Systems

Financing for consolidation of Russias


largest private municipal operator.

Municipal and
environmental
infrastructure

Private

2008

43,473

43,473

43,473

Direct
investment

North Expedition

Expansion of exploration drilling facilities.

Natural
Resources

Private

2008

104,029

34,676

34,676

Regional
investment

Macquarie Renaissance
Infrastructure Fund

Supporting infrastructure projects in


Kazakhstan, Russia and Ukraine.

Transport

Private

2008

190,721

34,676

34,676

Direct
investment

Integra

Supporting an oilfield services company to Natural


provide advanced technical solutions to its Resources
clients and improving their energy efficiency
standards.

Private

2008

173,381

52,014

52,014

Russia

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Direct
investment

Raven Russia Logistics

Construction of a warehouse in Novosibirsk. Property and


tourism

Private

2009

55,482

27,741

27,741

Direct
investment

Tata Tea - Grand

Equity stake in a consortium to purchase


Agribusiness
Grand, a tea and coffee branding, packaging
and distribution company.

Private

2009

3,279

3,279

3,279

Direct
investment

Enforta Expansion

Loan for expansion of wireless broadband


services in regional centres across Russia.

Telecoms,
Private
informatics and
media

2008

10,403

10,403

10,403

Direct
investment

Spurt Bank

Balance sheet strengthening to enable


further SME lending.

Bank lending

Private

2008

6,935

6,935

6,935

Direct
investment

Locko Bank

Small and medium-sized enterprise credit


line.

Bank lending

Private

2008

11,440

11,440

11,440

Direct
investment

Center-Invest Bank

To finance residential mortgages to


individuals, energy efficiency and other
projects of local companies and small and
medium-sized enterprises.

Bank lending

Private

2008

13,728

13,728

13,728

Direct
investment

Can-Pack

Construction of and equipment supply for a Agribusiness


new can production facility in Russia.

Private

2009

81,143

24,274

24,274

Direct
investment

Russia Sustainable Energy and Promsvyazbank


Carbon Finance Facility

Loan for on-lending to private clients for


energy efficiency projects.

Private

2009

41,612

20,806

20,806

Direct
investment

Eczacibasi Vitra Plitka

Phase one of the construction of a porcelain Manufacturing


tile factory in Serpuhov.
and services

Private

2009

21,400

9,000

9,000

Regional
investment

Mobile TeleSystems

Finance to support mobile network


expansion.

Telecoms,
Private
informatics and
media

2008

287,210

88,550

88,550

Russia

Sector

Bank lending

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Ruscam-Kirishi drinks
containers

Upgrade and expansion of facilities for a


glass beverage container producer.

Agribusiness

Private

2009

69,129

21,030

21,030

Direct
investment

Pechora Energy

Loan to finance the initial development of an Natural


Arctic oilfield in the Komi Republic.
Resources

Private

2008

31,209

5,548

5,548

Direct
investment

Surgut wastewater collection


and rehabilitation

Upgrade of municipal water infrastructure


and facilities in the city of Surgut.

Municipal and
environmental
infrastructure

State

2009

6,864

4,576

4,576

Direct
investment

Investment Troika Dialog


Group

Long-term senior loan to finance working


capital and reduce reliance on short-term
funding.

Insurance and
financial
services

Private

2009

104,029

104,029

104,029

Direct
investment

TGK-13

Finance for the completion of a coal-fired


Power and
combined heat and power plant in the city of energy
Krasnoyarsk.

Private

2009

52,015

52,015

52,015

Direct
investment

Transcapital Bank

Subordinated loan for on-lending.

Private

2008

10,403

10,403

10,403

Direct
investment

Autocrane II

Balance sheet restructuring and purchase of Manufacturing


machine-building equipment.
and services

Private

2009

24,274

24,274

24,274

Direct
investment

Aura Shopping Centre

Financing for the construction and operation Property and


of a shopping centre in Novosibirsk.
tourism

Private

2009

59,999

40,000

40,000

Regional
investment

Soufflet Agriculture

Loan for working capital.

Agribusiness

Private

2009

10,000

10,000

10,000

Direct
investment

VTB 24

Senior loan to private micro and small


enterprises in under-served regions of
Russia.

Small business Private


finance

2009

104,029

104,029

104,029

Russia

Bank lending

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Direct
investment

Bank Saint-Petersburg

Crisis-response subordinated loan to support Bank lending


the bank's capitalisation.

Private

2009

125,323

52,015

52,015

Direct
investment

Kalina II

Loan to cosmetics producer to provide


support during the financial crisis.

Private

2009

20,806

20,806

20,806

Direct
investment

Far Eastern Shipping


Company

Senior loan to FESCO as part of the overall Transport


restructuring of its corporate balance sheet.

Private

2009

322,491

69,353

69,353

Direct
investment

CenterInvest Bank

Loan for on-lending to small and mediumsized enterprises.

Bank lending

Private

2009

24,274

24,274

24,274

Direct
investment

Kalina III

Support for a market player which drives


improvements in competition, governance
and transparency.

Manufacturing
and services

Private

2009

6,935

6,935

6,935

Direct
investment

Sistema

Financing to increase the groups liquidity


and ability to support its high-tech sector
through the financial crisis.

Manufacturing
and services

Private

2009

120,000

120,000

120,000

Direct
investment

Lafarge Vostok 2

Manufacturing
Acquisition, modernisation, expansion,
construction and operation of manufacturing and services
facilities in the cement, lime, aggregates and
ready-mix concrete sectors.

Private

2009

380,000

120,000

120,000

Direct
investment

Promsvyazbank

Provision of additional capital to support one Bank equity


of Russia's key market players through
difficult economic times.

Private

2009

105,244

105,244

105,244

Direct
investment

Russian Railways

A loan for balance sheet restructuring,


allowing it to match its assets and liabilities
more efficiently.

Transport

State

2009

346,765

346,765

346,765

Direct
investment

Bank Vozrozhdenie

Credit line for on-lending to small and


medium-sized enterprises.

Bank lending

Private

2009

24,274

24,274

24,274

Russia

Sector

Manufacturing
and services

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Direct
investment

Surgut Waste Water


Infrastructure Development

Municipal and
Upgrading wastewater collection and
transport infrastructure to allow further urban environmental
development and construction of affordable infrastructure
housing in the new district of the city.

State

2009

46,219

36,609

36,609

Direct
investment

Multi-product Framework for


Medium-sized Banks

Transcapitalbank Capital
Increase II

Bank equity
Supporting the development of Russian
banks by targeting rapidly developing
medium-sized entities that require debt and
equity funding to continue operating.

Private

2009

11,400

11,400

11,400

Regional
investment

Heitman Eastern European


Property Fund

An equity investment into Heitman European Property and


Property Partners IV, an investment vehicle tourism
pursuing long-term capital appreciation
through real estate investments.

Private

2009

100,210

16,500

16,500

Direct
investment

Russia Small Business Fund

Transcapital Bank

Loan for on-lending to small and mediumsized enterprises.

Small business Private


finance

2009

6,935

4,855

4,855

Direct
investment

Borets Group

Loan to finance the production modernisationManufacturing


programme and working capital needs.
and services

Private

2009

152,576

69,353

69,353

Regional
investment

Louis Dreyfus Grain Trade


Finance

Providing stable financing for the increasing Agribusiness


working capital needs of the agricultural
commodities trading activities.

Private

2009

95,360

26,007

26,007

Direct
investment

Private Equity Fund CoInvestment Facility

Russian Towers

Equity investment in an independent


communications company.

Telecoms,
Private
informatics and
media

2009

28,781

6,935

6,935

Direct
investment

Yug Rusi II

Private

2009

104,029

52,015

52,015

Direct
investment

Volga-Balt Transport Holding


Ltd

Agribusiness
The project is a long-term secured,
syndicated corporate loan to provide working
capital base and to finance selected
investments aimed at improving the
companys competitiveness.
Financing part of the acquisition costs of 10 Transport
dry cargo newbuildings of 5,200 dwt each.

Private

2009

90,155

10,403

10,403

Direct
investment

Russia Small Business Fund

Bank Vozrozhdenie

Small business Private


finance

2009

11,096

10,403

10,403

Russia

Helping one of Russias leading privately


owned banks increase lending to the real
sector of the economy.

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Russia

Type of
investment

Project name

Sub project

Description

Regional
investment

Almaz Capital Russia Fund I

The Fund will make equity and equity-related Equity funds


venture capital investments in companies
based in Russia and the CIS.

Private

2009

60,545

18,725

18,725

Direct
investment

Vostok Energy

Financing for Vostok Energy to allow it to


Natural
develop the western part of Bortovoye field Resources
in the Saratov Region.

Private

2009

57,563

41,612

41,612

Regional
investment

Veolia Voda

Capital increase following a previous equity Municipal and


investment.
environmental
infrastructure

Private

2009

69,300

69,300

69,300

Direct
investment

Vostok Energy

Financing for Vostok Energy to allow it to


Natural
develop the western part of Bortovoye field Resources
in the Saratov Region.

Private

2009

37,692

27,289

27,289

Direct
investment

NSE Leasing Framework

MRTS-1

Lease financing to Russian companies


modernising or expanding their fleet of
construction and mining machinery.

Private

2009

4,079

1,199

1,199

Russia

Sector

Manufacturing
and services

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Serbia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

Black Sea Fund

Equity investment in medium-sized local


enterprises and facilitation of foreign direct
investment in the region.

Equity funds

Private

1998

4,875

1,962

1,962

Direct
investment

Belgrade municipal
infrastructure reconstruction
programme

Improvement of urban transport, water


supply, waste-water treatment and district
heating services.

Municipal and
environmental
infrastructure

State

2001

78,671

40,000

40,000

Direct
investment

US/EBRD SME Finance


Facility

ProCredit Bank Serbia

Credit line for on-lending to micro, small and Small business Private
medium-sized businesses.
finance

2001

33,006

3,176

6,352

9,528

Direct
investment

Emergency power
reconstruction project

Rehabilitation and upgrade of thermal and


hydro-generation plants and transmission
system.

State

2001

122,064

39,600

39,600

Direct
investment

ZTP Belgrade reconstruction

Upgrade of main railway network, including Transport


the purchase of track maintenance
machinery and refurbishment of electric
locomotives.

State

2001

134,988

56,988

56,988

Direct
investment

ProCredit Bank Kosovo

Equity investment in specialised


microfinance bank.

2001

7,500

1,250

1,250

Direct
investment

City of Nis municipal


infrastructure reconstruction
programme

Purchase of sewer cleaning equipment and Municipal and


completion of city water main ring.
environmental
infrastructure

State

2002

11,738

5,548

5,548

Direct
investment

Tigar Pirot

Expansion of tyre maker's activities.

Manufacturing
and services

Private

2001

1,790

1,790

1,790

Direct
investment

Fresh and Co

Expansion of fruit juice operations and


distribution network.

Agribusiness

Private

2003

46,042

12,500

12,500

Direct
investment

Belgrade district heating


rehabilitation programme

Improvement of district heating in Belgrade. Municipal and


environmental
infrastructure

State

2001

28,786

20,000

20,000

Serbia

Power and
energy

Small business Private


finance

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Serbia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Raiffeisen Bank

Financing for small and medium-sized


enterprises.

Bank lending

Private

2002

12,500

12,500

12,500

Direct
investment

Road recovery project

Republic of Serbia

Upgrade of priority road links throughout


Serbia.

Transport

State

2002

196,863

76,000

76,000

Direct
investment

Hemofarm

Expansion and upgrade of pharmaceutical


facilities.

Manufacturing
and services

Private

2002

24,152

17,952

17,952

Direct
investment

City of Novi Sad municipal


infrastructure reconstruction
programme

Improvement to waste-water collection and


treatment.

Municipal and
environmental
infrastructure

State

2002

5,818

1,938

1,938

Direct
investment

Eksimbanka

Equity investment in Eksimbanka.

Bank equity

Private

2002

4,500

1,310

1,310

Regional
investment

Black Sea Fund

Equity investment in medium-sized local


enterprises and facilitation of foreign direct
investment in the region.

Equity funds

Private

2002

6,895

2,098

2,098

Direct
investment

City of Kragujevac municipal


infrastructure reconstruction
programme

Supply and installation of consumer meters, Municipal and


improvements to water supply distribution
environmental
system and waste-water collection network. infrastructure

State

2002

6,719

3,939

3,939

Direct
investment

City of Subotica municipal


infrastructure reconstruction
programme

Modernisation of waste-water treatment


plant.

State

2004

18,120

9,000

9,000

Direct
investment

EPS Power II

Modernisation of lignite mine equipment and Power and


upgrade of the power system.
energy

State

2003

152,160

60,000

60,000

Direct
investment

Volksbank Serbia

Equity investment in Volksbank Serbia.

Private

2003

28,157

5,391

5,391

Serbia

Municipal and
environmental
infrastructure

Bank equity

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Serbia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

Orco Aparthotels

Expansion of extended-stay hotel chain.

Property and
tourism

Private

2003

17,725

1,263

632

1,895

Regional
investment

Air traffic management


modernisation and upgrade

Modernisation of the Belgrade and


Podgorica air traffic control centres and
corresponding infrastructure.

Transport

State

2005

102,948

30,820

30,820

Regional
investment

Marbo

Regional expansion of snack food producer's Agribusiness


operations.

Private

2003

22,939

9,100

9,100

Regional
investment

Carmeuse Eastern Europe

Expansion of lime producers operations in


Serbia.

Manufacturing
and services

Private

2004

680

79

79

Direct
investment

Frikom

Modernisation of production facilities and


expansion of ice cream and frozen food
producer.

Agribusiness

Private

2004

43,028

10,100

10,100

Direct
investment

SFIR

Fabrika Secera Te-To Senta Commodity lending to sugar processor,


A.D
enabling the purchase of raw materials.

Agribusiness

Private

2003

14,000

9,000

9,000

Direct
investment

Belgrade to Novi Sad


Motorway

Upgrading of a 65 km section of road from


Belgrade to Novi Sad and construction of a
bridge across the Danube.

Transport

State

2005

211,400

72,000

72,000

Direct
investment

GTC House Belgrade

Development, construction, letting and


management of office development.

Property and
tourism

Private

2003

30,978

11,500

11,500

Regional
investment

Raiffeisen International

Equity investment supporting growth of


Bank equity
Raiffeisen International's business in Bosnia
and Herzegovina.

Private

2004

10,000

5,000

5,000

Regional
investment

TUI advance payments

Upgrade and expansion of hotels in Serbia. Property and


tourism

Private

2003

405

405

405

Serbia

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Serbia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Eksimbanka

Equity investment in Eksimbanka.

Bank equity

Private

2003

690

690

690

Regional
investment

Grand

Cross-border expansion of coffee producer's Agribusiness


operations and product development.

Private

2003

9,500

2,750

2,750

Direct
investment

HVB Bank

Financing for small and medium-sized


agribusiness enterprises.

Bank lending

Private

2003

3,000

3,000

3,000

Regional
investment

Advent Central and Eastern


Europe Successor Fund

Private equity fund investing in Serbia.

Equity funds

Private

2004

33,047

5,000

5,000

Direct
investment

Banque Socit Gnrale


Yugoslav Bank

Diversification of bank's capital base.

Bank lending

Private

2003

8,500

8,500

8,500

Direct
investment

SFIR

Star Secer A.D

Commodity lending to sugar processor,


enabling the purchase of raw materials.

Agribusiness

Private

2003

7,000

7,000

7,000

Direct
investment

US/EBRD SME Finance


Facility

ProCredit Bank Serbia

Credit line for on-lending to micro, small and Small business Private
medium-sized businesses.
finance

2003

6,000

5,900

5,900

Direct
investment

Hemofarm

Construction of pharmaceutical packaging


and production facility.

Manufacturing
and services

Private

2004

24,884

11,000

11,000

Direct
investment

HVB Bank Yugoslavia


mortgage loan

Credit line providing long-term mortgage


loans.

Bank lending

Private

2004

10,293

10,293

10,293

Direct
investment

Western Balkans SME Finance Cacanska Banka


Facility

Credit line to Cacanska Banka for on-lending Bank lending


to small and medium-sized businesses.

Private

2004

5,000

5,000

5,000

Serbia

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Serbia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

Regional
investment

Southeast Europe Equity Fund II

Equity fund investing in private funds in southEquity funds


eastern Europe.

Private

2005

7,247

7,247

7,247

Direct
investment

SBB

Expansion of cable network and introduction Telecoms,


Private
of new services, including broadband.
informatics and
media

2004

25,990

10,660

5,330

15,990

Direct
investment

Sava River Crossing

Construction of a bridge to relieve traffic


congestion, noise and traffic-related air
pollution.

Direct
investment

SFIR

Fabrika Secera Te-To Senta Commodity lending to sugar processors to


A.D
allow for purchase of raw materials

Direct
investment

Cacanska Banka

Direct
investment

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

Municipal and
environmental
infrastructure

State

2006

343,397

49,600

49,600

Agribusiness

Private

2004

7,000

6,125

6,125

Equity investment to fund continued growth Bank equity


and as a first step towards full privatisation.

Private

2006

15,000

15,000

15,000

Sevojno Rolling Mill - long term loan

Modernisation and construction of new


equipment to improve capacity, efficiency
and quality of operations.

Manufacturing
and services

Private

2005

30,100

14,000

14,000

Direct
investment

Western Balkans SME Finance Kasabank


Facility

Credit line for on-lending to small and


medium-sized businesses

Bank lending

Private

2005

2,000

2,000

2,000

Regional
investment

Europolis II

Development of commercial property


projects.

Property and
tourism

Private

2004

34,325

3,247

4,330

7,577

Direct
investment

Raiffeisen Bank mortgage loan -

Credit line providing long-term mortgage


loans.

Bank lending

Private

2004

10,000

10,000

10,000

Direct
investment

Banque Socit Gnrale


Yugoslav mortgage loan

Credit line providing long-term mortgage


loans.

Bank lending

Private

2004

2,000

2,000

2,000

Serbia

EBRD Investments 1991-2009

Serbia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Ball Packaging Belgrade

Construction of aluminium can production


facility.

Manufacturing
and services

Private

2004

5,000

5,000

5,000

Direct
investment

ProCredit Bank Serbia

Equity investment in bank.

Small business Private


finance

2004

25,007

3,834

3,834

7,667

Direct
investment

Volksbank Serbia

Credit line for on-lending to small and


medium-sized businesses

Bank lending

Private

2005

10,000

10,000

10,000

Direct
investment

Serbian Railways

Purchase of freight wagons to increase


efficiency.

Transport

State

2006

161,600

60,000

60,000

Direct
investment

Ball Packaging Belgrade

Construction of aluminium can production


facility.

Manufacturing
and services

Private

2004

53,000

15,000

15,000

Direct
investment

SFIR

Star Secer A.D

Commodity lending to sugar processors to


allow for purchase of raw materials

Agribusiness

Private

2004

9,000

7,875

7,875

Direct
investment

Regional Trade Facilitation


Programme

Cacanska Banka

Support for foreign trade.

Bank lending

Private

2004

242

242

242

Regional
investment

Global Property Fund

Equity investment in property.

Property and
tourism

Private

2005

30,000

6,900

6,900

Regional
investment

Argus Capital Partners II

Private equity fund supporting medium-sized Equity funds


enterprises. Successor to the Argus Capital
Partners fund.

Private

2005

200

200

200

Direct
investment

Western Balkans SME Finance Metals Banka


Facility

Credit line for on-lending to small and


medium-sized businesses.

Private

2006

7,640

7,000

7,000

Serbia

Bank lending

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Serbia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

SFIR

Working capital financing for SFIR, a sugar


processing company.

Agribusiness

Private

2005

27,700

7,000

7,000

Direct
investment

Western Balkans SME Finance RZB Leasing Belgrade


Facility

Credit line for on-lending to local small and


medium-sized businesses.

Insurance and
financial
services

Private

2006

10,000

10,000

10,000

Direct
investment

Komercijalna Banka

Equity investment for improving facilities,


Bank equity
including IT and staff training, leading to full
privatisation.

Private

2006

77,631

77,631

77,631

Direct
investment

GTC Belgrade

Development, construction, letting and


management of office development.

Private

2005

23,400

8,200

8,200

Regional
investment

European Fund for Southeast Europe

2006

6,000

6,000

6,000

Direct
investment

Belgrade Highway and Bypass -

Privately managed public/private investment Small business Private


fund which will provide financing for micro, finance
small and medium-sized businesses as well
as housing and rural finance in south-eastern
Europe.
Loan to upgrade infrastructure and reduce Transport
State
traffic flow problems.

2007

285,600

80,000

80,000

Direct
investment

Somboled

Modernisation and development of a dairy


company.

Agribusiness

Private

2006

25,637

1,700

1,700

Regional
investment

Bluehouse equity fund

Private

2006

7,627

1,250

1,250

Regional
investment

Global Finance SEE Fund

Equity investment in Bluehouse Accession Property and


tourism
Property, a fund acquiring, developing,
renovating, owning and managing property in
Bulgaria, Croatia, Moldova, Romania, Serbia
and Ukraine.
Regional private equity fund investing in
Equity funds
south-eastern Europe.

Private

2007

9,626

9,606

9,606

Direct
investment

Western Balkans MSME


Framework

Opportunity Bank (Serbia)

Funds for on-lending and leasing to micro, Small business Private


small and medium-sized enterprises and non finance
bank microfinance institutions.

2008

5,000

5,000

5,000

Serbia

Property and
tourism

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Serbia

Type of
investment

Project name

Sub project

Description

Direct
investment

Western Balkans MSME


Framework

Opportunity Bank (Serbia)

Credit line for on-lending to micro, small and Small business Private
medium-sized businesses.
finance

2006

2,999

2,999

2,999

Direct
investment

Western Balkans MSME


Framework

FINCA (Kosovo)

Support for the financial sector and


promotion of best practice in corporate
governance.

Small business Private


finance

2008

3,000

3,000

3,000

Direct
investment

Raiffeisen Bank Kosovo

Credit line for on-lending to small and


medium-sized businesses.

Bank lending

Private

2006

10,375

10,000

10,000

Regional
investment

BSR Europe Co-Investment


Facility

Equity investment in a company developing Property and


office, retail, residential and industrial real
tourism
estate in Serbia.

Private

2006

10,000

3,500

3,500

Regional
investment

Alpha CEE II

Diversified regional private equity fund


dedicated to central and eastern Europe.

Equity funds

Private

2006

2,500

2,500

2,500

Regional
investment

Royalton Partners II

Equity financing for local service providers.

Equity funds

Private

2007

5,000

5,000

5,000

Direct
investment

Soko Stark

Loan to a leading confectionery company for Agribusiness


modernisation and restructuring.

Private

2006

26,500

10,000

10,000

Direct
investment

HVB Group Debt Facility


Framework

Banka Srbija i Crna Gora


Mortgage Loan II

Credit lines for on-lending as long-term


mortgage loans.

Bank lending

Private

2006

10,669

10,669

10,669

Regional
investment

Balkan Accession Fund

Finance provided to a private equity fund


investing in medium-sized businesses.

Equity funds

Private

2006

10,490

2,240

2,240

Regional
investment

Europolis III

Equity investment allowing the creation of a Property and


tourism
regional portfolio of property assets in
Bosnia and Herzegovina, Bulgaria, FYR
Macedonia, Montenegro, Romania, Russia,
Serbia and Ukraine.

Private

2006

7,425

630

945

1,575

Serbia

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Serbia

Type of
investment

Project name

Sub project

Description

Direct
investment

Duboko Solid Waste

Finance for construction of the regional solid Municipal and


waste landfill.
environmental
infrastructure

State

2008

12,100

5,000

5,000

Direct
investment

New Bank of Kosova

Credit line for on-lending to micro and small Bank lending


businesses.

Private

2006

2,000

2,000

2,000

Direct
investment

Agricultural Commodity
Financing Programme

Mladost Sid

Loan to local edible oil producer Mladost-Sid Agribusiness


to increase production.

Private

2006

10,000

10,000

10,000

Direct
investment

New Bank of Kosova

Credit line for on-lending to micro and small Small business Private
businesses.
finance

2006

1,000

1,000

1,000

Direct
investment

EBRD/Italy Western Balkans


Local Enterprise Facility

Euro Fat

Investment in local business Euro Fat, a


Manufacturing
Kosovo-based producer of insulating panels. and services

Private

2006

1,300

1,300

1,300

Regional
investment

AIG New Europe Fund II

Equity funds
Regional private equity fund investing in
equity and equity securities of companies in
central and south-eastern Europe, subsidiary
of AIG Global Investment Group.

Private

2006

5,000

5,000

5,000

Direct
investment

Western Balkans MSME


Framework

Kosovo Enterprise Project

Credit line for on-lending to micro, small and Small business Private
medium-sized businesses.
finance

2006

3,000

3,000

3,000

Direct
investment

ProCredit Bank Serbia

Equity investment in bank providing finance Small business Private


for micro and small businesses.
finance

2006

4,333

4,333

4,333

Direct
investment

Regional Trade Facilitation


Programme

Komercijalna Banka

Support for foreign trade.

Bank lending

Private

2007

3,160

3,160

3,160

Direct
investment

JKR Resource

Equity investment in the river aggregates


and roads maintenance sectors.

Manufacturing
and services

Private

2006

21,700

7,233

14,467

21,700

Serbia

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Serbia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

HVB Group Debt Facility


Framework

Banka Srbija i Crna Gora


Mortgage Loan III

Credit lines for on-lending as long-term


mortgage loans.

Bank lending

Private

2006

11,007

11,007

11,007

Regional
investment

Accession Mezzanine Capital II -

Private equity fund investing in central and


south-eastern European as well as Russia
and Ukraine.

Equity funds

Private

2007

10,000

2,000

2,000

Direct
investment

Victoria Group (Sojaprotein)

Loan for the purchase of agricultural


commodities and energy efficiency
improvements.

Agribusiness

Private

2007

59,999

45,000

45,000

Direct
investment

Global Trade Centre (Office)

Development of office buildings for local and Property and


international tenants.
tourism

Private

2007

30,700

10,700

10,700

Direct
investment

Private Equity Fund CoInvestment Facility

Project Cable Europa

Equity investment for in communications


firm.

Telecoms,
Private
informatics and
media

2007

9,554

9,554

9,554

Direct
investment

Srpske Kablovske Mreze


(SBB)

Equity funding for telecoms operator to


enable expansion of its network and
introduction of new services such as
broadband.

Telecoms,
Private
informatics and
media

2007

1,500

1,500

1,500

Direct
investment

Nectar

Support for the expansion of the company's Agribusiness


distribution network and

Private

2007

10,000

10,000

10,000

Direct
investment

Western Balkans Local


Enterprise Facility

Pestova

Equity stake to support expansion of a


potato producer and processor.

Agribusiness

Private

2007

1,900

1,330

1,330

Direct
investment

Kosovo Reconstruction Equity Fund

Equity investments in small and mediumsized enterprises in Kosovo.

Equity funds

Private

2001

2,925

1,463

1,463

Direct
investment

Privredna Banka Beograd

Loan to support mortgage lending in Serbia. Bank lending

Private

2007

6,547

1,352

1,352

Serbia

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Serbia

Type of
investment

Project name

Sub project

Description

Sector

Regional
investment

EnerCap

Private equity fund dedicated to investing in Power and


energy
renewable energy and energy efficiency
projects in central and south-eastern
Europe.

Direct
investment

Western Balkans MSME


Framework

Kosovo Enterprise
Programme II

Loan for on-lending to micro, small and


medium-sized enterprises.

Regional
investment

Westdeutsche Allgemeine
Zeitung

Direct
investment

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

Private

2007

5,000

1,250

1,250

Small business Private


finance

2007

4,000

4,000

4,000

Telecoms,
Private
Equity investment for development and
informatics and
expansion of WAZ Media Group into new
markets across central and eastern Europe media
and the CIS.

2008

51,600

24,000

24,000

Serbia Railways

Financing of 30 new passenger trains.

Transport

State

2009

239,000

100,000

100,000

Direct
investment

Victoria Group

Equity investment to fund working capital,


balance sheet restructuring and corporate
governance improvements.

Agribusiness

Private

2009

40,000

40,000

40,000

Direct
investment

Western Balkans MSME


Framework

Kreditimi Rural I Kosoves


(KRK)

Credit line for on-lending to micro, small and Small business Private
medium-sized enterprises.
finance

2009

2,000

1,000

1,000

Direct
investment

Western Balkans Local


Enterprise Facility

Media Works

Support for wireless internet service


provider.

Telecoms,
Private
informatics and
media

2008

7,595

6,000

6,000

Direct
investment

EMS: Emergency Power


Sector Novation Loan

Emergency loan to the power sector

Power and
energy

State

2001

60,400

60,400

60,400

Regional
investment

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

2,000

2,000

2,000

Direct
investment

Western Balkans Sustainable Banca Intesa Beograd


Energy Finance Facililty

Credit line for on-lending to private


enterprises for investments in sustainable
energy.

Bank lending

Private

2009

10,000

10,000

10,000

Serbia

EBRD Investments 1991-2009

Serbia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Komercijalna Banka

Equity investment to strengthen a systemic


bank in Serbia, in response to the financial
crisis.

Bank equity

Private

2009

122,970

47,803

47,803

Direct
investment

Western Balkans Local


Enterprise Facility

Tulltorja

Support for a building materials company.

Manufacturing
and services

Private

2008

5,000

4,000

4,000

Direct
investment

Western Balkans MSME


Framework

Kosovo Enterprise
Programme III

Funds for on-lending to micro, small and


medium-sized enterprises.

Small business Private


finance

2008

3,000

3,000

3,000

Direct
investment

Western Balkans and Croatia


Financing Framework

Raiffeisen Leasing Serbia

Investment to expand the range of finance


facilities to enterprise and private clients.

Insurance and
financial
services

Private

2008

10,000

10,000

10,000

Direct
investment

Idea

Loan for modernising retail chains across


Serbia.

Agribusiness

Private

2008

70,000

35,000

35,000

Regional
investment

Western Balkans Local


Enterprise Facility

Lydian International

Exploration and development of zinc, lead,


silver and gold deposits in the Western
Balkans.

Natural
Resources

Private

2009

6,645

2,064

2,064

Regional
investment

European Fund for SouthEast Europe II

Support to financial institutions for on-lending Small business Private


to MSMEs, as well as for housing and rural finance
finance.

2009

11,550

1,650

1,650

Regional
investment

Asseco South Eastern Europe -

Participation in the initial public offering of an Telecoms,


Private
IT company.
informatics and
media

2009

3,000

3,000

3,000

Direct
investment

K10 road construction

Financing for the construction of a new


section of Corridor X in the south east of
Serbia.

Transport

State

2009

795,300

150,000

150,000

Direct
investment

Western Balkans Local


Enterprise Facility

Forma Ideale

Financing for the construction of a


warehouse and expansion of furniture
production.

Manufacturing
and services

Private

2009

7,000

1,667

3,333

5,000

Serbia

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Serbia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Local Enterprise Facility

Devolli

Finance for acquisitions, expansion and/or


modernisation investments, as well as
working capital.

Agribusiness

Private

2009

6,000

6,000

6,000

Direct
investment

Unicredit Group

Unicredit Leasing Serbia

Medium and long-term debt financing in


Insurance and
support of SMEs, lease finance and energy financial
efficiency projects.
services

Private

2009

15,000

15,000

15,000

Direct
investment

Unicredit Group

Unicredit Serbia

Medium and long-term debt financing in


Bank lending
support of SMEs, lease finance and energy
efficiency projects.

Private

2009

30,000

30,000

30,000

Direct
investment

ProCredit Bank

Support for ProCredit Bank Serbia to


maintain its leading position for lending to
MSMEs, and support for its capital base.

Small business Private


finance

2009

10,000

10,000

10,000

Regional
investment

Asseco South Eastern Europe -

Participation in the initial public offering of an Telecoms,


Private
IT company.
informatics and
media

2009

1,400

1,400

1,400

Direct
investment

Local Enterprise Facility

Albi

Private

2009

8,000

4,200

4,200

Regional
investment

Southeast Europe Energy


Efficiency Fund (SE4F)

Agribusiness
The Facility provides the Bank with an
instrument to meet the growing business of
local medium to large enterprises, currently
not sufficiently supported by other financing
sources.
Financing for energy efficiency projects
Insurance and
through local financial institutions.
financial
services

Private

2009

23,720

6,250

6,250

Serbia

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Slovak Republic

Type of
investment

Project name

Direct
investment

Pol'nobanka (formerly
Slovenska Pol'nohospordarska
Banka)

Equity investment in commercial bank supporting Bank equity


small and medium-sized industries and the
agricultural sector.

Private

1993

3,557

3,557

3,557

Regional
investment

Renaissance Fund

Venture capital fund supporting private


companies.

Equity funds

Private

1993

2,888

865

865

Direct
investment

Slovak Telecom

Development of digital overlay network and


expansion and modernisation of telecommunications system.

Telecoms,
State
informatics and
media

1993

271,982

43,982

43,982

Direct
investment

Eurotel Bratislava

Construction of cellular networks and public


switched packet data networks.

Telecoms,
Private
informatics and
media

1992

26,354

5,548

5,548

Regional
investment

Czech and Slovak Investment Corp

Private equity fund supporting medium-sized


Equity funds
enterprises in the Czech and Slovak Republics.

Private

1992

6,422

3,626

3,626

Direct
investment

Slovalco - ZSNP

Expansion of aluminium smelter located in Ziar


nad Hronom.

Manufacturing
and services

Private

1994

26,934

26,934

26,934

Direct
investment

International road corridor

Upgrade of national motorway, with a focus on


road charge studies and maintenance
techniques.

Transport

State

1993

41,600

15,000

15,000

Direct
investment

Sloveca

Construction of advanced ethoxylation plant to


produce chemicals for detergents, textiles and
food industries.

Natural
Resources

Private

1994

14,776

7,669

7,669

Direct
investment

Slovnaft

Equity investment in oil refining and marketing


company.

Natural
Resources

Private

1994

30,099

13,871

13,871

Regional
investment

Advent Private Equity Fund


Central Europe

Private equity fund supporting small and medium Equity funds


sized enterprises in central and eastern Europe.

Private

1994

4,173

844

844

Slovak Republic

Sub project

Description

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Slovak Republic

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Tatra Banka

Financing for small and medium-sized


enterprises.

Bank lending

Private

1995

15,339

15,339

15,339

Regional
investment

MBA loan project

Financial support for students undertaking MBA Bank lending


degrees at top-tier business schools.

Private

1995

511

163

122

285

Direct
investment

Slovnaft

Equity investment in oil refining and marketing


company.

Natural
Resources

Private

1995

375,012

44,199

44,199

Direct
investment

Slovalco - ZSNP

Expansion of aluminium smelter located in Ziar


nad Hronom.

Manufacturing
and services

Private

1994

324,095

78,305

9,788

88,093

Direct
investment

PBK general purpose and


energy efficiency credit facility

Credit facility for medium and long-term


investments in energy efficiency projects.

Bank lending

Private

1996

15,625

11,825

11,825

Direct
investment

Bucina Zvolen

Modernisation and expansion of wood


processing companys core production facility
and improvements to the energy systems.

Manufacturing
and services

Private

1998

7,342

7,342

7,342

Regional
investment

Advent International

Private equity fund supporting small and medium Equity funds


sized Czech enterprises.

Private

1995

4,935

4,935

4,935

Direct
investment

Pol'nobanka (formerly
Slovenska Pol'nohospordarska
Banka)

Equity investment in commercial bank supporting Bank equity


small and medium-sized industries and the
agricultural sector.

Private

1995

12,250

1,442

1,442

Direct
investment

Istrobanka credit line

Financing for medium and long-term investment Bank lending


projects.

Private

1995

5,764

5,764

5,764

Direct
investment

SPB co-financing facility

Miva

Financing for businesses primarily in the


agricultural sector.

Private

1995

1,863

522

522

Slovak Republic

Agribusiness

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Slovak Republic

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Tatra Banka

Financing for small and medium-sized


enterprises.

Bank lending

Private

1996

12,782

12,782

12,782

Regional
investment

DBG Osteuropa Holding


GmbH

Private equity fund supporting medium-sized


enterprises.

Equity funds

Private

1997

7,120

2,556

2,556

Direct
investment

Dalkia Termotech

Establishment, acquisition or expansion and


operation of energy service companies.

Municipal and
environmental
infrastructure

Private

1996

10,786

1,552

310

1,863

Direct
investment

FGG municipal services multi- Heatco district heating


project facility

Provision and financing of municipal and


environmental services.

Municipal and
environmental
infrastructure

Private

1996

10,556

3,148

3,148

Direct
investment

CGE multi-project facility

Construction of engineered landfill.

Municipal and
environmental
infrastructure

Private

1997

2,556

1,023

1,023

Direct
investment

Pol'nobanka (formerly
Slovenska Pol'nohospordarska
Banka)

Equity investment in commercial bank supporting Bank equity


small and medium-sized industries and the
agricultural sector.

Private

1996

18,273

2,324

2,324

Direct
investment

Prva Komunalna Banka

Financing for private enterprises in the Slovak


Republic.

Bank lending

Private

1997

10,226

10,226

10,226

Direct
investment

SPB co-financing facility

Mineralne Vody

Financing for businesses primarily in the


agricultural sector.

Agribusiness

Private

1996

1,887

808

808

Direct
investment

SPB co-financing facility

Topolciansky

Financing for businesses primarily in the


agricultural sector.

Agribusiness

Private

1997

2,262

984

984

Regional
investment

Communication and
Information Technology Fund

Private equity fund targeting the media and


communications sector.

Telecoms,
Private
informatics and
media

1999

7,902

2,389

2,389

Slovak Republic

Banska Bistrica waste


management

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Slovak Republic

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

PBK equity investment

Purchase of 20 per cent of banks capital and


voting rights.

Bank equity

Private

1998

3,728

3,728

3,728

Regional
investment

Advent Central and Eastern


Europe Fund II

Private equity fund supporting small and medium Equity funds


sized enterprises in central and eastern Europe.

Private

1997

5,929

2,326

2,326

Direct
investment

LandG ESCO Slovakia

Investment in energy service company


undertaking energy efficiency projects.

Private

1998

6,132

1,034

1,034

2,069

Regional
investment

Innova/98

Private equity fund supporting small and medium Equity funds


sized enterprises.

Private

1998

1,714

398

398

Regional
investment

AIG New Europe Fund

Private equity fund investing in central and


eastern Europe.

Equity funds

Private

1999

35,059

6,910

6,910

Regional
investment

Central and Eastern Europe


Power Fund

Investment in private sector projects in power


generation, transmission and district heating.

Power and
energy

Private

1999

2,859

871

871

Regional
investment

Energy Efficiency and


Emissions Reduction Fund

Equity financing for energy efficiency and


emission-reducing projects.

Power and
energy

Private

1999

10,650

3,000

3,000

Direct
investment

Slovak Grain Receipt


Programme (loan and
guarantee)

Pol'nobanka

Short-term lending against warehouse receipts


for agribusiness companies, farmers and
traders.

Agribusiness

Private

1998

15,399

3,128

3,128

Direct
investment

Post Privatisation Fund

Equity fund supporting financial and


operational restructuring of medium-sized
enterprises.

Equity funds

Private

1995

23,993

230

23,457

23,687

Regional
investment

MBA loan project

Financial support for students undertaking MBA Bank lending


degrees at top-tier business schools.

Private

1998

110

23

23

46

Slovak Republic

Manufacturing
and services

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Slovak Republic

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Polus Centre

Planning, construction and operation of


shopping, entertainment, office and parking
facility.

Property and
tourism

Private

1999

83,744

23,000

23,000

Direct
investment

Slovak Grain Receipt


Programme (loan and
guarantee)

Pol'nobanka

Short-term lending against warehouse receipts


for agribusiness companies, farmers and
traders.

Agribusiness

Private

1999

14,464

4,238

4,238

Direct
investment

Slovalco - ZSNP

Expansion of aluminium smelter located in Ziar


nad Hronom.

Manufacturing
and services

Private

2001

53,055

45,895

45,895

Direct
investment

SPP

Implementation of customer information system Natural


and modernisation of gasification and
Resources
compressor station.

State

1999

149,826

29,826

29,826

Regional
investment

Accession Mezzanine Capital -

Establishment of first dedicated mezzanine fund, Equity funds


supporting mature companies.

Private

2002

7,400

3,000

3,000

Regional
investment

Private Equity Fund Facility

Trigranit

Equity investment in leading commercial


property developer and operator.

Property and
tourism

Private

1999

16,335

3,401

3,401

Regional
investment

EU/EBRD SME Finance


Facility

GIMV Czech and Slovak


SME Fund

Private equity fund supporting small and medium Equity funds


sized enterprises.

Private

2000

5,400

450

450

Direct
investment

Grain Receipt Programme

Pol'nobanka

Financing for agribusiness sector using grain


receipts.

Agribusiness

Private

2000

10,226

10,226

10,226

Direct
investment

Aquachemia

Maintenance, refurbishment and capacity


enhancement and improvement of the
environmental impact of a caprolactam (CPL)
plant.

Manufacturing
and services

Private

2001

14,100

8,100

8,100

Regional
investment

EU/EBRD SME Finance


Facility

Euroventures Danube

Private equity fund supporting small and medium Equity funds


sized enterprises.

Private

2001

283

29

29

Slovak Republic

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Slovak Republic

Type of
investment

Project name

Sub project

Description

Regional
investment

Raiffeisen EU Enlargement
Fund

Private equity fund supporting small and medium Equity funds


sized enterprises in central and eastern Europe.

Private

2001

1,708

823

823

Regional
investment

TBIH Financial Services

Expansion of insurance and pension operations Insurance and


in central and eastern Europe.
financial
services

Private

2000

4,881

979

1,959

2,938

Direct
investment

Slovenske Elektrarne

Restructuring of state-owned power generation


and transmission company.

Power and
energy

State

2002

264,183

120,083

120,083

Direct
investment

Veobecn verov Banka


(VUB)

Pre-privatisation investment in second-largest


bank in the Slovak Republic.

Bank equity

Private

2001

24,452

23,481

23,481

Direct
investment

Globtel Orange Slovensko

Equity investment in wireless


telecommunications service provider.

Telecoms,
Private
informatics and
media

2001

191,238

23,495

23,495

Direct
investment

Unibanka

Equity investment in Unibanka.

Bank equity

Private

2001

10,102

10,102

10,102

Regional
investment

Europolis

Development of regional real estate portfolio of


15 to 20 property assets.

Property and
tourism

Private

2001

77,662

10,500

15,750

26,250

Direct
investment

Slovenska Sporitelna (SLSP)

Equity investment of up to 19.9 per cent in


largest Slovak retail bank.

Bank equity

Private

2001

425,000

97,451

97,451

Direct
investment

Grain Receipt Programme

Pol'nobanka

30 per cent risk-sharing in the Slovak Grain


Receipt Programme.

Agribusiness

Private

2001

10,000

10,000

10,000

Direct
investment

Slovalco - ZSNP

Expansion of aluminium smelter located in Ziar


nad Hronom.

Manufacturing
and services

Private

2001

52,830

14,838

14,838

Slovak Republic

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Slovak Republic

Type of
investment

Project name

Sub project

Direct
investment

EU/EBRD SME Finance


Facility

Veobecn verov Banka Credit lines for on-lending to small and medium- Bank lending
sized businesses.

Private

2001

20,000

20,000

20,000

Direct
investment

Allianz-Slovenska Poistovna*

Equity investment in insurance company. * This Insurance and


project is subject to a confidentiality agreement. financial
services

Private

2003

49,169

49,169

49,169

Direct
investment

Value Growth Fund

Equity fund targeting manufacturing/ service


industry companies undergoing restructuring.

Equity funds

Private

2002

10,344

1,244

1,244

Direct
investment

Unibanka

Equity investment in Unibanka.

Bank equity

Private

1993

2,441

2,441

2,441

Direct
investment

ZSE electricity distribution


privatisation

Privatisation of electricity distribution company.

Power and
energy

Private

2003

324,515

60,515

60,515

Regional
investment

Heitman Central Europe


Property Partners Fund

Investment in property projects, primarily office


buildings, warehousing/distribution and retail
shopping centres.

Property and
tourism

Private

2002

6,469

2,100

2,100

Regional
investment

Orco Aparthotels

Expansion of extended-stay hotel chain.

Property and
tourism

Private

2003

16,362

1,166

583

1,749

Direct
investment

EU/EBRD SME Finance


Facility

Ludova Banka

Credit lines for on-lending to small and medium- Bank lending


sized businesses.

Private

2004

6,300

6,300

6,300

Direct
investment

EU/EBRD SME Finance


Facility

Tatra Leasing

Credit lines for on-lending to small and medium- Insurance and


sized businesses.
financial
services

Private

2003

5,000

5,000

5,000

Direct
investment

EU/EBRD SME Finance


Facility

CAC Leasing Slovakia

Credit lines for on-lending to small and medium- Insurance and


sized businesses.
financial
services

Private

2002

15,000

5,000

5,000

Slovak Republic

Description

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Slovak Republic

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Unibanka

Equity investment in Unibanka.

Bank equity

Private

2002

23,492

3,551

3,551

Direct
investment

EU/EBRD SME Finance


Facility

Veobecn verov Banka Credit lines for on-lending to small and medium- Bank lending
sized businesses.

Private

2003

20,000

10,000

10,000

Regional
investment

EU/EBRD SME Finance


Facility

SG Equipment Finance

Financing for small and medium-sized


enterprises.

Insurance and
financial
services

Private

2003

3,243

3,243

3,243

Direct
investment

EU/EBRD SME Finance


Facility

VB Leasing SK

Credit lines for on-lending to small and medium- Insurance and


sized businesses.
financial
services

Private

2004

10,742

10,742

10,742

Regional
investment

Raiffeisen International

Equity investment supporting growth of


Bank equity
Raiffeisen International's business in Bosnia and
Herzegovina.

Private

2004

4,000

2,000

2,000

Regional
investment

Private Equity Fund Facility

Trigranit

Equity investment in leading commercial


property developer and operator.

Property and
tourism

Private

2004

27,120

480

480

Regional
investment

Polish Enterprise Fund V

Private equity fund investing in enterprises in


Slovak Republic.

Equity funds

Private

2004

1,860

1,860

1,860

Regional
investment

Advent Central and Eastern


Europe Successor Fund

Private equity fund investing in the Slovak


Republic.

Equity funds

Private

2004

33,047

5,000

5,000

Direct
investment

EU/EBRD SME Finance


Facility

Unibanka

Credit lines for on-lending to small and medium- Bank lending


sized businesses.

Private

2004

8,000

8,000

8,000

Direct
investment

EU/EBRD SME Finance


Facility

OTP Banka Slovakia

Credit lines for on-lending to small and medium- Bank lending


sized businesses.

Private

2004

10,000

10,000

10,000

Slovak Republic

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Slovak Republic

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Slovenske Elektrarne
restructuring loan

Refinancing of electricity generators existing


debt.

Power and
energy

Private

2004

350,000

30,000

30,000

Direct
investment

Bucina Zvolen

Modernisation and expansion of wood


processing companys core production facility
and improvements to the energy systems.

Manufacturing
and services

Private

2003

8,000

8,000

8,000

Regional
investment

Europolis II

Development of commercial property projects.

Property and
tourism

Private

2004

20,595

1,948

2,598

4,546

Direct
investment

EU/EBRD SME Finance


Facility

CAC Leasing Slovakia

Credit lines for on-lending to small and medium- Insurance and


sized businesses.
financial
services

Private

2004

26,327

21,323

21,323

Direct
investment

EU/EBRD Municipal Finance


Facility

Dexia Slovensko

Credit line for on-lending to small and mediumsized municipalities and their utility companies.

Municipal and
environmental
infrastructure

Private

2004

32,500

8,000

8,000

Direct
investment

Istrobanka SME credit line

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

Bank lending

Private

2005

4,000

4,000

4,000

Regional
investment

Volia Voda

Equity investment in Volia Voda enabling it to


expand in central and eastern Europe, Russian
and Ukraine.

Municipal and
environmental
infrastructure

Private

2007

7,350

7,350

7,350

Regional
investment

Argus Capital Partners II

Private equity fund supporting medium-sized


enterprises. Successor to the Argus Capital
Partners fund.

Equity funds

Private

2005

400

400

400

Regional
investment

Emerging Europe
Convergence Fund II

Direct equity fund investing in central and


eastern Europe.

Equity funds

Private

2005

3,600

3,600

3,600

Regional
investment

Volia Transport (formerly


Connex)

Equity funding to expand transport services.

Municipal and
environmental
infrastructure

Private

2005

47,048

15,298

15,298

Slovak Republic

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Slovak Republic

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

EU/EBRD Rural Finance


Facility

Unibanka

Credit line for on-lending to small and mediumsized agribusinesses.

Bank lending

Private

2005

5,000

5,000

5,000

Regional
investment

Capital Media

Long-term financing enabling extension of


operations for TV broadcaster operating in
central and eastern Europe.

Telecoms,
Private
informatics and
media

2006

8,000

4,000

4,000

Regional
investment

EU/EBRD Rural Financing


Facility

Societe Generale Equipment Credit line for on-lending to small and mediumFinance
sized businesses.

Insurance and
financial
services

Private

2006

1,000

1,000

1,000

Regional
investment

SG AM Eastern Europe

Investment in consumer services and


manufacturing companies.

Equity funds

Private

2005

5,940

3,300

3,300

Direct
investment

Slovak Energy Efficiency


Financing Framework

Tatra Bank

Credit line for on-lending for energy efficiency


and renewable energy investments.

Bank lending

Private

2007

15,000

15,000

15,000

Regional
investment

Alpha CEE II

Diversified regional private equity fund dedicated Equity funds


to central and eastern Europe.

Private

2006

5,000

5,000

5,000

Regional
investment

Syntaxis Mezzanine Fund

Fund with a portfolio of Central European


investments, in various sectors.

Equity funds

Private

2007

2,600

2,500

2,500

Direct
investment

Advent Private Equity Fund Central Europe

Private equity fund supporting small and


medium-sized enterprises in central and
eastern Europe.

Equity funds

Private

1994

1,234

1,234

1,234

Regional
investment

Arka Property Fund II

Second investment into a real estate fund.

Property and
tourism

Private

2008

2,287

2,287

2,287

Regional
investment

Capital Media

Development and restructuring of TV


broadcasting group.

Telecoms,
Private
informatics and
media

2007

4,000

2,000

2,000

Slovak Republic

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Slovak Republic

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Slovak Energy Efficiency


Financing Framework

Slovenska sporitelna

Credit line for on-lending for energy efficiency


and renewable energy investments.

Bank lending

Private

2007

15,000

15,000

15,000

Direct
investment

Slovak Energy Efficiency


Financing Framework

Dexia Banka

Credit line for on-lending for energy efficiency


and renewable energy investments.

Bank lending

Private

2007

15,000

15,000

15,000

Direct
investment

Slovak Energy Efficiency


Financing Framework

Veobecn verov Banka Credit line for on-lending for energy efficiency
and renewable energy investments.

Bank lending

Private

2007

15,000

15,000

15,000

Regional
investment

EnerCap

Private equity fund dedicated to investing in


Power and
renewable energy and energy efficiency projects energy
in central and south-eastern Europe.

Private

2007

10,000

2,500

2,500

Regional
investment

ViaOne

Equity investment to support the commercial


launch and development of ViaOne Europa
Holding's software platforms.

Telecoms,
Private
informatics and
media

2008

847

500

500

Regional
investment

CEE Special Situations Fund

CRG Capital

Investment in an equity fund managed by CRG


Partners targeting distressed and underperforming companies.

Equity funds

Private

2009

1,000

1,000

1,000

Regional
investment

Aqualia Investment Venture

Equity in a new company that invests in water


concessions and acquires other privately held
water groups.

Municipal and
environmental
infrastructure

Private

2009

16,327

8,000

8,000

Regional
investment

Genesis Private Equity Fund II -

Equity in a fund investing in mid-market


companies in the Czech Republic and Slovak
Republic.

Equity funds

Private

2009

21,000

6,000

6,000

Direct
investment

R1 motorway

Loan for the construction of the R1 motorway,


under a public-private partnership.

Transport

Private

2009

1,257,420

199,801

199,801

Regional
investment

Syntaxis Mezzanine Fund II

Equity in a regional fund which aims to


strengthen corporate governance and build
institutions.

Equity funds

Private

2009

12,500

2,500

2,500

Slovak Republic

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Slovak Republic

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

Soufflet Agriculture

Loan for working capital.

Agribusiness

Private

2009

5,000

5,000

5,000

Regional
investment

Resource Eastern European


Equity Partners I

Support for institution building and expansion of Equity funds


private equity, business improvement and best
ethics and governance.

Private

2009

4,200

1,250

1,250

Regional
investment

Heitman Eastern European


Property Fund

Property and
An equity investment into Heitman European
tourism
Property Partners IV, an investment vehicle
pursuing long-term capital appreciation through
real estate investments.

Private

2009

18,220

3,000

3,000

Slovak Republic

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Slovenia

Type of
investment

Project name

Sub project

Description

Direct
investment

Horizonte Fund

Capital and management assistance to new Equity funds


private companies.

Private

1994

9,087

2,966

2,966

Direct
investment

SKB Banka

Financing for companies undergoing


privatisation.

Private

1994

25,001

25,001

25,001

Direct
investment

Drava River hydro power


project

Upgrade of eight power plants, enabling


Power and
continued operation and increased capacity. energy

State

1993

107,230

65,087

65,087

Direct
investment

DARS motorway

Upgrade of motorway to remove major


bottlenecks in the main east-west corridor.

Transport

State

1994

38,680

18,845

18,845

Direct
investment

Slovenske Zeleznice

Maintenance of rail services on international Transport


lines, improvement of productivity and
technical support for restructuring.

State

1994

128,274

41,372

41,372

Direct
investment

Maribor waste-water
concession

Construction of waste-water treatment plant. Municipal and


environmental
infrastructure

Private

1999

47,363

14,800

14,800

Direct
investment

Aquasava

Modernisation of cotton production line and Manufacturing


expansion of product range.
and services

Private

1994

12,683

4,653

4,653

Direct
investment

Sarrio Slovenia

Modernisation and expansion of cartonboard mill.

Private

1994

24,849

10,021

10,021

Direct
investment

Eurovision

Design, supply and installation of earth


Telecoms,
State
station linked to the Eurovision Network via informatics and
satellite.
media

1993

694

694

694

Direct
investment

Slovenski Plinovodi

Construction and operation of six retail gas


distribution systems.

1995

7,925

2,301

2,301

Slovenia

Sector

Bank lending

Manufacturing
and services

Natural
Resources

Portfolio
Class

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Slovenia

Type of
investment

Project name

Direct
investment

Description

Sector

Portfolio
Class

Slovenia Development Capital Fund

Equity investment in private Slovenian


companies.

Equity funds

Private

1995

17,251

4,215

4,215

Direct
investment

SKB Banka

Institutional development and strengthening Bank equity


of bank's capital base.

Private

1994

31,002

14,935

14,935

Direct
investment

DARS motorway

Upgrade of motorway to remove major


bottlenecks in the main east-west corridor.

State

1994

44,005

22,090

22,090

Direct
investment

Yulon

Expansion of carpet plant and modernisation Manufacturing


of synthetic textile yarn spinning operation. and services

Private

1995

52,816

12,271

12,271

Direct
investment

Sarrio Slovenia

Modernisation and expansion of cartonboard mill.

Private

1994

10,407

2,737

2,737

Direct
investment

SRP Eurofin

Restructuring and management of industrial Equity funds


enterprises.

Private

1995

475

475

475

Direct
investment

SRP Druzba

Restructuring and management of industrial Manufacturing


enterprises.
and services

Private

1995

3,625

3,625

3,625

Direct
investment

Mercator

Construction of supermarkets and


Manufacturing
hypermarkets and refurbishment of existing and services
retail stores.

Private

1996

54,886

3,801

3,801

Direct
investment

Yulon

Expansion of carpet plant and modernisation Manufacturing


of synthetic textile yarn spinning operation. and services

Private

1996

10,226

5,113

5,113

Direct
investment

Alpina

Operational and financial restructuring of


footwear manufacturer.

Private

1998

5,887

3,924

1,962

5,887

Slovenia

Sub project

Transport

Manufacturing
and services

Manufacturing
and services

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Slovenia

Type of
investment

Project name

Sub project

Description

Direct
investment

Aquasava

Modernisation of cotton production line and Manufacturing


expansion of product range.
and services

Private

1997

11,532

5,510

5,510

Regional
investment

Communication and
Information Technology Fund

Private equity fund targeting the media and Telecoms,


Private
communications sector.
informatics and
media

1999

7,902

2,389

2,389

Direct
investment

Merkur

Investment in wholesaler and retailer of


technical products, construction material,
ferrous products and electrical goods.

Manufacturing
and services

Private

1997

48,748

11,973

11,973

Regional
investment

AIG New Europe Fund

Private equity fund investing in central and


eastern Europe.

Equity funds

Private

1999

11,686

2,303

2,303

Direct
investment

Slovenia FI framework

Ljubljanska Banka

Subordinated loan to Ljubljanska Banka.

Bank lending

Private

1999

25,000

15,000

15,000

Direct
investment

EU/EBRD SME Finance


Facility

Nova Kreditna Banka


Maribor

Financing for small and medium-sized


enterprises.

Bank lending

Private

2000

5,000

5,000

5,000

Direct
investment

Slovenia FI framework

SKB Banka

Credit line to assist private investors with


housing loans.

Bank lending

Private

1999

10,000

10,000

10,000

Regional
investment

Private Equity Fund Facility

Trigranit

Equity investment in leading commercial


property developer and operator.

Property and
tourism

Private

1999

3,267

680

680

Direct
investment

Yulon

Expansion of carpet plant and modernisation Manufacturing


of synthetic textile yarn spinning operation. and services

Private

2000

20,200

9,500

9,500

Direct
investment

EU/EBRD SME Finance


Facility

Banka Koper

Financing for small and medium-sized


enterprises.

Private

2000

5,000

5,000

5,000

Slovenia

Sector

Bank lending

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Slovenia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

EU/EBRD SME Finance


Facility

Euroventures Danube

Private equity fund supporting small and


medium-sized enterprises.

Equity funds

Private

2001

2,124

218

218

Regional
investment

Raiffeisen EU Enlargement
Fund

Private equity fund supporting small and


medium-sized enterprises in central and
eastern Europe.

Equity funds

Private

2001

3,415

1,645

1,645

Direct
investment

Hermes Softlab

Improvement of company's core


technologies and expansion of commercial
and marketing activities.

Telecoms,
Private
informatics and
media

2001

9,000

3,000

3,000

Regional
investment

Europolis

Development of regional real estate portfolio Property and


of 15 to 20 property assets.
tourism

Private

2001

77,662

10,500

15,750

26,250

Direct
investment

Mobitel GSM

Roll-out of additional GSM network and


extension of maturities on companys
existing borrowings.

Telecoms,
Private
informatics and
media

2001

185,000

25,000

25,000

Direct
investment

Nova Ljubljanska Banka

Privatisation of largest banking group in


Slovenia.

Bank equity

Private

2002

673,423

34,358

34,358

68,715

Regional
investment

Heitman Central Europe


Property Partners Fund

Property and
Investment in property projects, primarily
office buildings, warehousing/distribution and tourism
retail shopping centres.

Private

2002

3,235

1,050

1,050

Regional
investment

Accession Fund

Property investments in the Czech Republic. Property and


tourism

Private

2004

60,000

15,000

15,000

Direct
investment

EU/EBRD SME Finance


Facility

Banka Koper

Financing for small and medium-sized


enterprises.

Private

2002

5,000

5,000

5,000

Direct
investment

Lafarge Slovenia

Restructuring, expansion and introduction of Manufacturing


environmental programme at cement plant. and services

Private

2003

66,000

20,000

20,000

Slovenia

Bank lending

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Slovenia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

EU/EBRD SME Finance


Facility

RZB Leasing Slovenia

Financing for small and medium-sized


enterprises.

Insurance and
financial
services

Private

2003

7,000

7,000

7,000

Direct
investment

Global Environmental Facility

Nova Ljubljanska Banka

Credit lines for on-lending to projects


Bank lending
reducing water pollution in the Danube river.

Private

2004

12,000

12,000

12,000

Direct
investment

Global Environmental Facility

Volksbank Slovenia

Credit lines for on-lending to projects


Bank lending
reducing water pollution in the Danube river.

Private

2003

12,000

12,000

12,000

Direct
investment

Global Environmental Facility

Bank Austria Creditanstalt


Slovenia

Credit lines for on-lending to projects


Bank lending
reducing water pollution in the Danube river.

Private

2004

13,996

13,996

13,996

Direct
investment

Volksbank Slovenia

Credit line to assist small and medium-sized Bank lending


enterprises.

Private

2003

10,000

10,000

10,000

Direct
investment

EU/EBRD SME Finance


Facility

SKB Leasing

Credit line to SKB Leasing for on-lending to Insurance and


small and medium-sized businesses.
financial
services

Private

2004

10,000

10,000

10,000

Regional
investment

Southeast Europe Equity Fund II

Equity fund investing in private funds in southEquity funds


eastern Europe.

Private

2005

1,812

1,812

1,812

Direct
investment

Global Environmental Facility

Probanka

Credit lines for on-lending to projects


Bank lending
reducing water pollution in the Danube river.

Private

2004

7,000

7,000

7,000

Direct
investment

EU/EBRD SME Finance


Facility

HVB Leasing

Credit line for on-lending to small and


medium-sized businesses.

Private

2005

5,000

5,000

5,000

Regional
investment

Argus Capital Partners II

Private equity fund supporting medium-sized Equity funds


enterprises. Successor to the Argus Capital
Partners fund.

Private

2005

200

200

200

Slovenia

Insurance and
financial
services

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Slovenia

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

Emerging Europe
Convergence Fund II

Direct equity fund investing in central and


eastern Europe.

Equity funds

Private

2005

3,600

3,600

3,600

Direct
investment

EU/EBRD Rural Finance


Facility

SKB Leasing

Credit line for on-lending to small and


medium-sized agribusinesses.

Insurance and
financial
services

Private

2005

7,000

7,000

7,000

Direct
investment

EU/EBRD SME Finance


Facility

Volksbank Ljudska

Credit line for on-lending to small and


medium-sized businesses.

Bank lending

Private

2005

7,000

7,000

7,000

Regional
investment

SG AM Eastern Europe

Investment in consumer services and


manufacturing companies.

Equity funds

Private

2005

5,940

3,300

3,300

Direct
investment

Prva Group

Funds for the establishment and expansion Insurance and


financial
of Prvas pension fund and asset
management subsidiaries in south-eastern services
Europe and later in the CIS.

Private

2007

8,000

8,000

8,000

Direct
investment

EU/EBRD Municipal Financial Abanka Slovenia


Facility

Loan to support small municipalities.

Private

2008

10,000

5,000

5,000

Regional
investment

ViaOne

Equity investment to support the commercial Telecoms,


Private
launch and development of ViaOne Europa informatics and
Holding's software platforms.
media

2008

1,694

1,000

1,000

Regional
investment

ARX Private Equity Fund

Support for investment to companies


operating in central and south-eastern
Europe.

Equity funds

Private

2008

6,000

6,000

6,000

Regional
investment

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

1,000

1,000

1,000

Regional
investment

Syntaxis Mezzanine Fund II

Equity in a regional fund which aims to


Equity funds
strengthen corporate governance and build
institutions.

Private

2009

12,500

2,500

2,500

Slovenia

Bank lending

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Slovenia

Type of
investment

Project name

Sub project

Description

Regional
investment

Resource Eastern European


Equity Partners I

Support for institution building and expansion Equity funds


of private equity, business improvement and
best ethics and governance.

Private

2009

4,200

1,250

1,250

Regional
investment

Heitman Eastern European


Property Fund

An equity investment into Heitman European Property and


Property Partners IV, an investment vehicle tourism
pursuing long-term capital appreciation
through real estate investments.

Private

2009

18,220

3,000

3,000

Direct
investment

Private Equity Fund CoInvestment Facility

MEP 3H

Acquisition of a cable TV operator.

Telecoms,
Private
informatics and
media

2009

6,000

6,000

6,000

Slovenia

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Tajikistan

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

First NIS Regional Fund

Equity fund investing in companies in the


New Independent States (NIS).

Equity funds

Private

1994

518

310

310

Direct
investment

Direct Investment Facility

Obi-Zulol water bottling plant Installation and operation of water and soft
drinks bottling plant.

Agribusiness

Private

1998

9,133

2,667

1,334

4,001

Direct
investment

Khujand packaging

Installation and operation of fruit and


vegetable juice packaging line.

Agribusiness

Private

1997

2,753

1,179

1,179

Direct
investment

Orienbank

Financing for small and medium-sized


enterprises.

Bank equity

Private

1996

1,387

1,387

1,387

Direct
investment

Khujand Airport

Emergency repairs to runway and airport


drainage systems.

Transport

State

1999

5,199

1,731

1,731

Direct
investment

Tajiktelecom modernisation
project

Investment in new digital infrastructure and


improvements to power supply
arrangements in rural areas.

Telecoms,
State
informatics and
media

2001

9,980

8,419

8,419

Direct
investment

Tojiksodirotbank

Financing for small and medium-sized


enterprises.

Bank equity

Private

1999

2,497

237

237

Direct
investment

TSA air navigation systems

Modernisation of air navigation equipment


and restructuring of the aviation sector.

Transport

State

2001

7,114

3,813

3,813

Direct
investment

TSA air fleet upgrade

Financing for pre-operation costs and an


aviation consultant.

Transport

Private

2005

1,734

70

70

Direct
investment

Khujand water supply


improvement project

Improvement of water wells, upgrade of


distribution network and installation of new
equipment.

Municipal and
environmental
infrastructure

State

2004

3,609

832

832

Tajikistan

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Tajikistan

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Regional Trade Facilitation


Programme

Tojiksodirotbank

Support for foreign trade.

Bank lending

Private

2004

1,545

1,545

1,545

Direct
investment

Micro and Small Enterprise


Finance Facility

Eskhata Bank

Credit line to Eskata Bank for on-lending to Small business Private


micro, small and medium-sized businesses. finance

2004

1,179

694

694

Direct
investment

Micro and Small Enterprise


Finance Facility

Tojiksodirotbank

Credit line to Tojiksodirotbank for on-lending Small business Private


to micro, small and medium-sized
finance
businesses.

2004

1,387

1,387

1,387

Direct
investment

Micro and Small Enterprise


Finance Facility

Tajprombank

Credit line to Tajprombank for on-lending to Small business Private


micro, small and medium-sized businesses. finance

2004

1,387

1,387

1,387

Direct
investment

Eskhata Bank

Equity investment.

Bank equity

Private

2005

1,382

758

758

Direct
investment

ETC Non-Bank MFI


Framework

Imon

Financing for micro and small enterprises.

Small business Private


finance

2005

694

520

520

Direct
investment

Direct Lending Facility

Komron Agro Holding

Finance provided for manufacturer of cotton- Agribusiness


seed oil.

Private

2006

3,780

1,318

1,318

Direct
investment

Micro and Small Enterprise


Finance Facility

Agroinvest

Credit line for on-lending to small and


medium-sized businesses.

Small business Private


finance

2005

1,387

1,387

1,387

Direct
investment

Regional Trade Facilitation


Programme

Agroinvestbank Tajikistan

Support for foreign trade.

Bank lending

Private

2005

3,977

3,977

3,977

Direct
investment

Tajik MSE Financing Facility II TSOB

Credit line for on-lending to micro and small Small business Private
businesses.
finance

2006

1,734

1,734

1,734

Tajikistan

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Tajikistan

Type of
investment

Project name

Direct
investment

Tajik MSE Financing Facility II Tajprombank

Credit line for on-lending to micro and small Small business Private
businesses.
finance

2006

2,774

2,774

2,774

Direct
investment

Tajik Financial Sector


Framework

Eskhata Bank

Investment for on-lending to small and


medium-sized enterprises and micro and
small enterprises.

Small business Private


finance

2008

4,161

1,387

1,387

Direct
investment

ETC Non-bank MFI


Framework II

MDTM Microinvest

Credit line for on-lending to micro and small Small business Private
businesses.
finance

2006

485

485

485

Direct
investment

Eskhata Bank

Loan for on-lending to micro and small


enterprises.

2005

1,734

1,734

1,734

Direct
investment

Road Maintenance
Development

Fiinance for essential maintenance work on Transport


the Tajik road network.

2007

4,161

2,774

2,774

Direct
investment

Tajik MSE Financing Facility II Agroinvestbank

Credit line for on-lending to micro and small Small business Private
businesses.
finance

2007

6,935

6,935

6,935

Direct
investment

ETC Non-bank MFI


Framework II

IMON

Credit line for on-lending to micro and small Small business Private
businesses.
finance

2006

694

694

694

Direct
investment

Direct Lending Facility

MandP Tajikistan

Finance provided for expansion of a


supermarket chain.

Private

2006

3,384

1,651

1,651

Direct
investment

Tajik MSE Financing Facility II First Microfinance Bank


Tajikistan

Credit line for on-lending to micro and small Small business Private
businesses.
finance

2007

2,774

2,774

2,774

Regional
investment

Centras Private Equity Fund

Private equity fund investing in companies


operating in or exporting products or
services from Kazakhstan, Russia and
Central Asia.

2007

629

629

629

Tajikistan

Sub project

Description

Sector

Portfolio
Class

Small business Private


finance

Agribusiness

Equity funds

State

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Tajikistan

Type of
investment

Project name

Sub project

Description

Sector

Direct
investment

Southern Tajikistan Water


Rehabilitation Project

Loan to finance priority investments in the


Municipal and
cities of Dangara, Kulyob and Kurgan-Tube. environmental
infrastructure

Direct
investment

ETC Non-bank MFI


Framework III

IMON IV

Direct
investment

Direct Lending Facility

Direct
investment

Portfolio
Class

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

2009

4,281

1,387

1,387

A loan to the micro finance fund IMON with a Small business Private
loan for on-lending to MSEs.
finance

2009

2,081

2,081

2,081

LAL

Financing for the upgrading and expansion


of container glass production.

Agribusiness

Private

2007

2,150

2,150

2,150

ETC Non-Bank Microfinance


Institution Framework III

Humo

Support to local microfinance institutions.

Small business Private


finance

2008

694

694

694

Direct
investment

Direct Lending Facility

Komron-Agro-Holding II

Finance for the purchase of ice cream


making equipment.

Agribusiness

Private

2007

1,124

846

846

Regional
investment

Kazakhstan Growth Fund

Equity investments to strengthen private


companies.

Equity funds

Private

2008

607

555

555

Direct
investment

Tajik Agricultural Financing


Faclity

Tajik Sodirot Bank (TSOB)

Credit line for on-lending to local farmers for Small business Private
seasonal finance.
finance

2007

3,121

2,774

2,774

Direct
investment

Tajik Agricultural Financing


Faclity

AgroInvestBank

Credit line for on-lending to local farmers for Small business Private
seasonal finance.
finance

2007

5,895

4,161

4,161

Direct
investment

Tajik Agricultural Financing


Faclity

Eskhata Bank

Credit line for on-lending to local farmers for Small business Private
seasonal finance.
finance

2007

1,179

832

832

Direct
investment

Direct Lending Facility

Alfapet

Financing for a drinks packaging production Agribusiness


line.

2009

2,219

2,219

2,219

Tajikistan

State

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

Private

EBRD Investments 1991-2009

Tajikistan

Type of
investment

Project name

Sub project

Description

Sector

Direct
investment

Khujand Water Supply


Improvement II

Additional investment to improve the water Municipal and


supply infrastructure and distribution network environmental
in Khujand.
infrastructure

Direct
investment

Direct Lending Facility

Telecom Technology

Direct
investment

Dushanbe Solid Waste


Management

Regional
investment

Portfolio
Class

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

2008

4,980

1,500

1,500

Finance to support private communications Telecoms,


Private
operator.
informatics and
media

2008

1,873

1,873

1,873

Loan to improve solid waste management.

State

2008

5,548

2,774

2,774

Aureos Central Asia Fund

Equity investment to support medium-sized Equity funds


enterprises in Azerbaijan, Central Asia and
Georgia.

Private

2008

142

142

142

Direct
investment

Tajik Financial Sector


Framework

Access Bank

Equity investment in Access Bank.

Small business Private


finance

2009

1,362

681

681

1,362

Direct
investment

ETC Non-bank MFI


Framework II

IMON

Investment to increase financing for micro


Small business Private
and small enterprises in the ETCs and to
finance
assist the non-bank microfinance institutions.

2008

694

694

694

Direct
investment

Agroinvestbank

Equity investment in Agroinvestbank.

Bank equity

Private

2009

7,627

7,627

7,627

Direct
investment

Direct Lending Facility

Makolli Bakery

Loan to expand production and to finance


working capital.

Agribusiness

Private

2009

1,179

1,179

1,179

Direct
investment

Direct Lending Facility

Sorbon

Investment in vehicles for a public transport Municipal and


company.
environmental
infrastructure

Private

2009

1,734

1,734

1,734

Tajikistan

Municipal and
environmental
infrastructure

State

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Investments 1991-2009

Turkey

Type of
investment

Project name

Sub project

Description

Direct
investment

Izgaz Gas Distribution


Company

Loan for grid expansion and refinancing of short- Power and


term shareholder loans.
energy

Private

2009

94,424

59,748

59,748

Direct
investment

Rotor Wind Farm

Construction of an on-shore wind farm.

Power and
energy

Private

2009

209,000

45,000

45,000

Direct
investment

Deniz Bank

Credit line for on-lending to small and mediumsized enterprises.

Small business
finance

Private

2009

19,916

19,916

19,916

Direct
investment

Garanti Bank

Loan for on-lending to micro, small and medium- Small business


sized enterprises.
finance

Private

2009

50,000

20,000

20,000

Regional
investment

Southeast Europe Energy


Efficiency Fund (SE4F)

Financing for energy efficiency projects through


local financial institutions.

Insurance and
Private
financial services

2009

18,976

5,000

5,000

Turkey

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Turkmenistan

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Export-oriented credit line

Financing for small and medium-sized


enterprises.

Bank lending

Private

1994

5,991

5,991

5,991

Regional
investment

First NIS Regional Fund

Equity fund investing in companies in the New


Independent States (NIS).

Equity funds

Private

1994

518

310

310

Direct
investment

Gap Turkmen

Production of denim fabric and ready-made


goods and diversification of companys product
range.

Manufacturing
and services

Private

1996

64,295

16,052

8,026

24,078

Direct
investment

Turkmenbashi port
development

Development of road system and port.

Transport

State

1997

32,638

20,785

20,785

Regional
investment

AIG Silk Road Fund

Financing for small and medium-sized private


Equity funds
sector enterprises and joint ventures operating in
Russia and Central Asia.

Private

1997

4,725

911

911

Direct
investment

Dragon Oil

Commercial development of offshore


hydrocarbon reserves in the Caspian Sea.

Natural
Resources

Private

1999

360,635

41,612

41,612

Direct
investment

Gap Turkmen

Production of denim fabric and ready-made


goods and diversification of companys product
range.

Manufacturing
and services

Private

1999

11,705

3,382

3,382

Regional
investment

NIS restructuring facility

Restructuring and expansion of investments in


the New Independent States (NIS).

Equity funds

Private

2000

1,095

228

228

Regional
investment

Baring Vostok Private Equity


Fund

Direct equity investment in medium-sized


companies.

Equity funds

Private

2000

3,860

1,832

1,832

Direct
investment

Gap Turkmen

Production of denim fabric and ready-made


goods and diversification of companys product
range.

Manufacturing
and services

Private

2002

7,396

7,396

7,396

Turkmenistan

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Turkmenistan

Type of
investment

Project name

Sub project

Description

Direct
investment

Direct Investment Facility

TMS wool scouring

Establishment of facility to scour and pack local Manufacturing


wool for export.
and services

Private

2003

1,623

616

616

Direct
investment

Direct Investment Facility

TMS wool scouring

Financing to cover cost overruns and shortfall of Manufacturing


working capital.
and services

Private

2005

1,186

555

555

Regional
investment

Clean Globe International Oil


Spill Protection

Establishment of crude oil spill response centres Natural


Resources
in key locations in the Banks countries of
operations and provision of regional training,
prevention and remedial services

Private

2007

3,752

212

212

Regional
investment

Centras Private Equity Fund

Private equity fund investing in companies


operating in or exporting products or services
from Kazakhstan, Russia and Central Asia.

Equity funds

Private

2007

629

629

629

Regional
investment

Clean Globe Oil Spill


Investment

Equity investment in oil spill response centres.

Natural
Resources

Private

2007

1,020

120

120

Direct
investment

Direct Lending Facility

Altyn Aylag brewery

Expansion of a local brewery.

Agribusiness

Private

2009

1,873

1,873

1,873

Regional
investment

Kazakhstan Growth Fund

Equity investments to strengthen private


companies.

Equity funds

Private

2008

607

555

555

Regional
investment

Aureos Central Asia Fund

Equity investment to support medium-sized


enterprises in Azerbaijan, Central Asia and
Georgia.

Equity funds

Private

2008

71

71

71

Regional
investment

Mobile TeleSystems

Finance to support mobile network expansion.

Telecoms,
Private
informatics and
media

2008

29,840

9,200

9,200

Direct
investment

Direct Investment Facility

Enar Supermarkets

Equity investment to help the development of one Agribusiness


of the first modern food retail chains in
Turkmenistan.

2009

4,168

1,304

1,304

Turkmenistan

Sector

Portfolio
Class

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Turkmenistan

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Direct Lending Facility

Payhas

Financing to help NORD Leasing Poland to


provide new loans to MSME clients throughout
the country.

Agribusiness

Private

Turkmenistan

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)
2009

1,248

555

EBRD Total EBRD


guarantee
finance
( 000)
( 000)
0

555

EBRD Investments 1991-2009

Ukraine

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

Alliance ScanEast Fund

Private equity fund supporting industrial


companies.

Equity funds

Private

Direct
investment

ITUR

Direct
investment

State International Airport


Borispol

Direct
investment

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

1994

9,248

3,273

3,273

Construction of sub-sea cable and land link, Telecoms,


State
acquisition of line extensions and purchase of informatics and
digital circuit multiplication systems.
media

1994

43,147

36,815

36,815

Refurbishment of existing passenger terminal Transport


building and the restructuring of passenger
flow arrangements.

State

1993

10,264

3,537

3,537

Air navigation system upgrade -

Procurement and installation of modern air


traffic control equipment and associated
services.

Transport

State

1998

31,338

18,993

18,993

Direct
investment

Ukraine Fund

Venture capital fund investing in private


enterprises.

Equity funds

Private

1993

8,620

2,863

2,863

Direct
investment

Eurovision

Design, supply and installation of earth station Telecoms,


State
linked to the Eurovision Network via satellite. informatics and
media

1993

694

694

694

Direct
investment

Kiev International Bank

Equity investment in commercial bank


Bank equity
providing long-term funding for medium-sized
private enterprises in Ukraine.

Private

1995

5,000

1,750

1,750

Direct
investment

Starobeshevo power
modernisation

Supply and installation of fluidised bed boiler Power and


at the Starobeshevo power station.
energy

State

1996

91,132

78,021

78,021

Direct
investment

Integrated agricultural services and processing

Production and marketing of canola oil and


balanced animal feed.

Agribusiness

Private

1995

21,481

5,656

1,885

7,542

Direct
investment

Poltava oil and gas project

Drilling of new wells and construction of


pipeline and rail export facilities.

Natural
Resources

Private

1995

29,683

5,548

5,548

Ukraine

EBRD Investments 1991-2009

Ukraine

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

SME credit line

Credit line to assist small and medium-sized


enterprises.

Bank lending

Private

1994

84,045

84,045

84,045

Regional
investment

MBA loan project

Financial support for students undertaking


MBA degrees at top-tier business schools.

Bank lending

Private

1995

511

163

122

285

Direct
investment

Dnipropetrovsk oil extraction


plant

Purchase of raw materials for the production


of refined edible sunflower oil.

Agribusiness

Private

1995

14,217

5,895

5,895

Direct
investment

Rehabilitation of M06 highway -

Upgrade of sections of M06 highway and


purchase of road maintenance equipment.

Transport

State

2000

99,164

74,164

74,164

Direct
investment

Ukrrichflot

Acquisition of seven new general cargo


vessels.

Transport

Private

1995

22,114

5,595

5,595

Direct
investment

First Ukrainian International


Bank

Financing for small and medium-sized


enterprises.

Bank lending

Private

1995

9,016

9,016

9,016

Direct
investment

Ukraine Fund

Venture capital fund investing in private


enterprises.

Equity funds

Private

1995

7,832

2,632

2,632

Direct
investment

Iveco / Kraz joint venture

Production of commercial vehicles.

Manufacturing
and services

Private

1995

33,826

9,552

9,552

Direct
investment

Ukrainian Wave (formerly L'viv Wireless)

Installation and operation of local telephone


network.

Telecoms,
Private
informatics and
media

1997

19,349

4,855

4,855

Direct
investment

Zaporizhzhia water utility


development and investment
programme

Investments in water supply and waste-water Municipal and


sector.
environmental
infrastructure

1999

31,850

20,995

20,995

Ukraine

State

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Ukraine

Type of
investment

Project name

Sub project

Description

Direct
investment

AD-Zarya

Completion of glass container production plant Manufacturing


and upgrade of adjacent plant.
and services

Private

1998

41,542

12,830

12,830

Direct
investment

Regional Trade Facilitation


Programme

UkrInBank

Support for foreign trade

Bank lending

Private

1995

2,774

2,774

2,774

Direct
investment

Svitoch confectionery

Installation of new production lines for


chocolate, biscuits and sweets.

Agribusiness

Private

1997

3,619

2,925

2,925

Direct
investment

UkrEsco

Establishment of energy service company.

Manufacturing
and services

State

1998

19,733

13,733

13,733

Direct
investment

SME credit line

Credit line to assist small and medium-sized


enterprises.

Bank lending

Private

1998

64,676

61,208

61,208

Direct
investment

Regional Trade Facilitation


Programme

Privat Bank

Support for foreign trade.

Bank lending

Private

1997

3,468

3,468

3,468

Direct
investment

Railway development project

Purchase of track maintenance machinery


and track materials.

Transport

State

1999

65,997

35,980

35,980

Direct
investment

Multi-bank financing framework Kredyt Bank Ukraine

Financing for small and medium-sized


enterprises.

Bank equity

Private

1999

22,552

18,802

18,802

Direct
investment

Iveco Ukraine

Development and operation of two automotive Manufacturing


production plants.
and services

Private

2000

30,099

8,322

8,322

Direct
investment

Dnipropetrovsk oil extraction


plant

Purchase of raw materials for the production


of refined edible sunflower oil.

Private

1997

13,871

13,871

13,871

Ukraine

Sector

Agribusiness

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Ukraine

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Obolon Brewery

Modernisation of brewery operations and


expansion of production capacity.

Agribusiness

Private

1997

43,704

20,749

20,749

Regional
investment

Black Sea Fund

Equity investment in medium-sized local


enterprises and facilitation of foreign direct
investment in the region.

Equity funds

Private

1998

4,875

1,962

1,962

Direct
investment

Procter and Gamble


distribution

Investment programme in PandGs


distribution and manufacturing facilities.

Manufacturing
and services

Private

1998

75,439

1,440

1,440

Direct
investment

BNP Dresdner Ukraine

Equity investment in subsidiary of BNP and


Dresdner Bank.

Bank equity

Private

1998

9,001

1,001

1,001

Regional
investment

AIG New Europe Fund

Private equity fund investing in central and


eastern Europe.

Equity funds

Private

1999

23,373

4,606

4,606

Direct
investment

Dnipropetrovsk oil extraction


plant

Purchase of raw materials for the production


of refined edible sunflower oil.

Agribusiness

Private

1999

50,974

16,298

16,298

Direct
investment

Balkan gas transit

Construction of pipelines to reduce the


Natural
bottleneck in the Ukrainian gas transportation Resources
system.

Private

1999

62,418

27,741

27,741

Direct
investment

Multi-bank financing framework First Ukrainian International Financing for small and medium-sized
Bank
enterprises.

Bank equity

Private

1998

4,927

4,927

4,927

Regional
investment

MBA loan project

Financial support for students undertaking


MBA degrees at top-tier business schools.

Bank lending

Private

1998

110

23

23

46

Direct
investment

Cargill industrial complex

Establishment of greenfield sunflower seed


crushing and refining facility.

Agribusiness

Private

1999

61,551

33,810

33,810

Ukraine

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Ukraine

Type of
investment

Project name

Sub project

Description

Sector

Direct
investment

Kiev International Bank

Equity investment in commercial bank


Bank equity
providing long-term funding for medium-sized
private enterprises in Ukraine.

Direct
investment

US/EBRD SME Finance


Facility

ProCredit Bank Ukraine


(formerly MFB)

Financing for micro and small enterprises.

Direct
investment

Enterprise support

Direct
investment

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

Private

1999

791

791

791

Small business Private


finance

2000

32,773

6,593

1,648

8,242

First Ukrainian International Framework facility to increase the supply of


Bank
term finance for the local private corporate
sector.

Bank lending

Private

2000

6,849

6,849

6,849

ISTIL Ukraine

Expansion of steel mills production and


improvement of product quality.

Manufacturing
and services

Private

2001

90,042

17,338

17,338

Regional
investment

Golden Telecom

Development and successful listing of a


leading telecommunications operator.

Telecoms,
Private
informatics and
media

1999

40,787

13,046

13,046

Regional
investment

NIS restructuring facility

Restructuring and expansion of investments in Equity funds


the New Independent States (NIS).

Private

2000

2,191

457

457

Direct
investment

Raiffeisen Bank

Financing for small and medium-sized


enterprises.

Bank lending

Private

1999

6,935

4,855

4,855

Direct
investment

Cerealia Boryspil cereal plant

Equity investment in breakfast cereal


producer.

Agribusiness

Private

2000

6,938

2,083

2,083

Direct
investment

Ukraine International Airlines

Investment in airline to meet market demand. Transport

Private

2000

3,745

3,745

3,745

Direct
investment

Direct Investment Facility

Ukram Industries

Manufacture of refrigeration system.

Private

2001

4,488

4,488

4,488

Ukraine

Manufacturing
and services

EBRD Investments 1991-2009

Ukraine

Type of
investment

Project name

Sub project

Description

Direct
investment

Malteurop

Expansion and renovation of existing malting Agribusiness


plant and construction of second plant.

Private

2002

100,028

35,015

35,015

Direct
investment

Ukrrichflot

Acquisition of seven new general cargo


vessels.

Transport

Private

2000

7,163

1,872

1,872

Regional
investment

Baring Vostok Private Equity


Fund

Direct equity investment in medium-sized


companies.

Equity funds

Private

2000

3,860

1,832

1,832

Direct
investment

Ukraine fuel purchase loan


facility

Working capital investment in four stateowned generation companies.

Power and
energy

State

2000

40,933

40,933

40,933

Direct
investment

Ukraine Railways

Introduction of fast train services countrywide, Transport


maintenance work and reconstruction of
Beskyd tunnel.

State

2004

200,436

83,224

83,224

Direct
investment

Bosch Service franchisee


framework

Expansion of Bosch Service franchisee


network of auto-service workshops.

Manufacturing
and services

Private

2001

2,881

2,881

2,881

Direct
investment

Regional Trade Facilitation


Programme

Forum Bank

Support for foreign trade.

Bank lending

Private

2001

268

134

134

268

Direct
investment

Regional Trade Facilitation


Programme

Aval Bank

Support for foreign trade.

Bank lending

Private

2003

21,669

10,835

10,835

21,669

Direct
investment

Balkan gas transit

Construction of pipelines to reduce the


Natural
bottleneck in the Ukrainian gas transportation Resources
system.

Private

2001

97,418

35,045

35,045

Direct
investment

Toepfer working capital


revolving facility

Purchase, transportation, storage and export Agribusiness


of agricultural commodities.

Private

2002

83,224

33,289

33,289

Ukraine

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Ukraine

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Cereol Ukraine

Purchase of raw materials for the production


of refined edible sunflower oil.

Agribusiness

Private

2002

28,781

18,379

18,379

Direct
investment

Gostomel glass factory

Refurbishment and replacement of glass


production facilities.

Agribusiness

Private

2002

11,868

9,787

9,787

Direct
investment

Radisson SAS Kyiv

Development, construction and operation of


four-star business hotel.

Property and
tourism

Private

1998

48,972

8,308

8,308

16,616

Direct
investment

Regional Trade Facilitation


Programme

Kredobank

Support for foreign trade.

Bank lending

Private

2002

664

332

332

664

Direct
investment

Slavutich

Expansion of beer producer and restructuring Agribusiness


of companys capital structure.

Private

2001

38,907

11,790

11,790

Direct
investment

Enterprise support

Hypovereinsbank Ukraine

Framework facility to increase the supply of


term finance for the local private corporate
sector.

Bank lending

Private

2001

6,935

6,935

6,935

Direct
investment

Enterprise support

Raiffeisen Bank

Framework facility to increase the supply of


term finance for the local private corporate
sector.

Bank lending

Private

2001

10,403

4,841

4,841

Direct
investment

Regional Trade Facilitation


Programme

Raiffeisen Bank

Support for foreign trade.

Bank lending

Private

2002

6,508

3,254

3,254

6,508

Direct
investment

Grain Warehouse Receipts


Programme

Cargill

Short-term lending against warehouse


Agribusiness
receipts for agribusiness companies, farmers
and traders.

Private

2001

10,403

10,403

10,403

Regional
investment

Efes EBI

Financing for Efes breweries.

Private

2002

1,284

409

409

Ukraine

Agribusiness

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Ukraine

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

Danfoss debt facility for


industrial energy projects

Financing for energy efficiency projects in


selected east European breweries.

Manufacturing
and services

Private

2002

327

77

77

Regional
investment

Billa

Expansion of supermarket chain.

Agribusiness

Private

2003

62,895

7,875

7,875

Direct
investment

Warehouse Receipts
Programme

Aval Bank

Short-term lending against warehouse


Bank lending
receipts for agribusiness companies, farmers
and traders.

Private

2002

6,935

6,935

6,935

Direct
investment

Raiffeisen Bank

Financing for small and medium-sized


enterprises.

Private

2003

3,468

3,468

3,468

Direct
investment

Kvazaz Micro Corporation

Provision of working capital and equipment for Manufacturing


computer assembly line.
and services

Private

2002

5,895

2,774

2,774

Regional
investment

Orco Aparthotels

Expansion of extended-stay hotel chain.

Property and
tourism

Private

2003

16,362

1,166

583

1,749

Direct
investment

Rubizhansky Cardboard and


Packaging Mill

Modernisation and expansion of paper and


corrugated packaging operations.

Manufacturing
and services

Private

2003

28,760

9,709

9,709

Direct
investment

SME credit line

Aval Bank

Credit line to assist small and medium-sized


enterprises.

Bank lending

Private

2003

10,403

10,403

10,403

Direct
investment

Grain Warehouse Receipts


Programme

Cargill

Short-term lending against warehouse


Agribusiness
receipts for agribusiness companies, farmers
and traders.

Private

2003

10,403

10,403

10,403

Direct
investment

Illichivsk Commercial Sea Port -

Transport
Finance for the modernisation of the port
including berth reconstruction and purchase of
new equipment.

State

2007

42,350

26,000

26,000

Ukraine

Bank lending

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Ukraine

Type of
investment

Project name

Sub project

Description

Direct
investment

Warehouse Receipts
Programme

Aval Bank

Short-term lending against warehouse


Bank lending
receipts for agribusiness companies, farmers
and traders.

Private

2003

11,096

9,016

9,016

Direct
investment

Toepfer working capital


revolving facility

Purchase, transportation, storage and export Agribusiness


of agricultural commodities.

Private

2003

126,084

55,344

55,344

Direct
investment

Ukrrichflot

Acquisition of seven new general cargo


vessels.

Transport

Private

2000

35,767

19,289

2,411

21,700

Direct
investment

Consumers Sklo Zorya

Expansion of glass plant's production


capacity.

Manufacturing
and services

Private

2003

15,353

10,151

10,151

Direct
investment

Kiev-Chop road rehabilitation

Upgrading of the M06 Kiev-Chop road and


further reform of road sector administration
and financing.

Transport

State

2005

167,547

99,192

99,192

Direct
investment

Dnipropetrovsk municipal
water and waste-water project

Loan to improve operational and financial


performance of municipal and waste-water
services.

Municipal and
environmental
infrastructure

State

2005

30,150

20,000

20,000

Direct
investment

Energy Alliance

Establishment of new private sector energy


service company.

Manufacturing
and services

Private

2004

2,081

1,040

1,040

Direct
investment

Chumak

Purchase of equipment for expansion of


edible oil business.

Agribusiness

Private

2004

12,761

9,363

9,363

Direct
investment

Gostomel glass factory

Construction of new glass furnace at bottle


manufacturing plant.

Agribusiness

Private

2004

11,790

3,814

3,814

Direct
investment

UkrExIm bank

Support for foreign trade.

Bank lending

Private

2007

14,053

7,027

7,027

14,053

Ukraine

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Ukraine

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

Raiffeisen International

Equity investment supporting growth of


Raiffeisen International's business in Bosnia
and Herzegovina.

Bank equity

Private

2004

10,000

5,000

5,000

Direct
investment

US/EBRD SME Finance


Facility

ProCredit Bank Ukraine


(formerly MFB)

Financing for micro and small enterprises.

Small business Private


finance

2003

8,494

2,426

1,213

3,640

Direct
investment

Regional Trade Facilitation


Programme

Kreditprombank

Support for foreign trade.

Bank lending

Private

2004

19,417

14,563

4,854

19,417

Direct
investment

Warehouse Receipts
Programme

UkrSotsBank

Short-term lending against warehouse


Bank lending
receipts for agribusiness companies, farmers
and traders.

Private

2003

6,935

6,935

6,935

Direct
investment

UkrEsco II

Second loan to state-owned energy service


company.

Manufacturing
and services

State

2005

27,741

13,871

13,871

Direct
investment

Odessa High Voltage Grid


Upgrade

Loan to upgrade high-voltage grid.

Power and
energy

State

2005

25,755

25,755

25,755

Direct
investment

Nidera

Expansion of grain trader's operations.

Agribusiness

Private

2003

2,774

2,774

2,774

Regional
investment

Furshet

Loan to help Furshet Group open new stores Agribusiness


across Ukraine and expand its operations in
Moldova.

Private

2007

33,443

22,295

22,295

Direct
investment

Soufflet Slavuta

Improvement of barley production and


collection.

Private

2004

6,242

6,242

6,242

Direct
investment

K2R4 safety and


modernisation programme

Modernisation and improvement of safety at Power and


two nuclear reactors at Khmelnitsky (K2) and energy
Rivne (R4).

State

2004

86,691

29,128

29,128

Ukraine

Agribusiness

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Ukraine

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Raiffeisen Ukraine Mortgage


Credit Line

Mortgage credit line.

Bank lending

Private

2005

6,935

3,468

3,468

Direct
investment

Euroventures Ukraine II

Private equity fund supporting small and


medium-sized enterprises.

Equity funds

Private

2005

52,649

17,972

17,972

Direct
investment

Ukraine SME Lending


Framework

Agio Bank

Credit line for on-lending to small and medium Bank lending


sized businesses.

Private

2005

2,978

2,978

2,978

Direct
investment

Warehouse Receipts
Programme

Aval Bank

Short-term lending against warehouse


Bank lending
receipts for agribusiness companies, provided
through Aval Bank.

Private

2004

20,806

13,871

13,871

Regional
investment

Europolis II

Development of commercial property


projects.

Property and
tourism

Private

2004

24,027

2,273

3,031

5,304

Direct
investment

Cargill industrial complex

Establishment of greenfield sunflower seed


crushing and refining facility.

Agribusiness

Private

2004

10,403

10,403

10,403

Direct
investment

Toepfer working capital


revolving facility

Purchase, transportation, storage and export Agribusiness


of agricultural commodities.

Private

2004

135,238

83,224

83,224

Direct
investment

Ukraine SME Lending


Framework

Forum Bank

Credit line for on-lending to small and medium Bank lending


sized businesses.

Private

2005

6,935

6,935

6,935

Direct
investment

Obolon Brewery

Storage of barley in grain warehouses for


subsequent processing into malt.

Agribusiness

Private

2004

6,935

6,935

6,935

Direct
investment

Ukraine Micro Lending


Programme

Kreditprombank

Financing for micro and small enterprises.

Small business Private


finance

2005

4,855

4,855

4,855

Ukraine

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Ukraine

Type of
investment

Project name

Sub project

Description

Sector

Direct
investment

Ukraine Micro Lending


Programme

Forum Bank

Financing for micro and small enterprises.

Small business Private


finance

2005

4,855

4,855

4,855

Direct
investment

ADM-Risoil Ukraine

Construction of a new edible oil crushing


facility.

Agribusiness

Private

2005

28,435

6,935

6,935

Direct
investment

Galnaftogaz

Partial funding for the reconstruction,


Natural
construction and acquisition of petrol stations. Resources

Private

2005

17,338

10,403

10,403

Regional
investment

Baring Vostok Private Equity


Fund III

Private equity fund supporting medium-sized Equity funds


companies in Kazakhstan, Russia and
Ukraine.

Private

2004

70,136

8,932

8,932

Direct
investment

Soufflet Slavuta

Improvement of barley production and


collection.

Agribusiness

Private

2004

33,390

8,230

8,230

Direct
investment

ISTIL Ukraine

Expansion of steel mills production and


improvement of product quality.

Manufacturing
and services

Private

2004

31,209

20,806

20,806

Direct
investment

First Lease

Loan to expand fleet of vehicles available for Insurance and


leasing to Ukrainian businesses.
financial
services

Private

2006

11,969

11,969

11,969

Direct
investment

Kreditprom SME credit line

Credit line for on-lending to small and medium Bank lending


sized businesses.

Private

2005

6,935

6,935

6,935

Regional
investment

Mobile TeleSystems

Development of local network and acquisition Telecoms,


Private
of regional operators.
informatics and
media

2004

331,134

54,415

54,415

Direct
investment

Ukrrichflot

Finance for part of the acquisition costs of five Transport


new dry cargo buildings.

2005

30,862

7,245

7,245

Ukraine

Portfolio
Class

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Ukraine

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

IKEA Ukraine

Support for construction of retail units to


introduce a new retail structure to the
company.

Property and
tourism

Private

2007

180,316

10,403

10,403

Direct
investment

Uksnab

Equity investment in a producer of industrial


refrigeration equipment.

Manufacturing
and services

Private

2006

10,886

6,211

6,211

Direct
investment

Bunge BSI

Building and operating of a new edible oil


production facility.

Agribusiness

Private

2006

25,661

12,484

12,484

Direct
investment

Kronospan Ukraine

Modernisation of a factory producing woodbased particleboard.

Manufacturing
and services

Private

2006

147,000

51,500

51,500

Regional
investment

Volia Voda

Equity investment in Volia Voda enabling it to Municipal and


expand in central and eastern Europe,
environmental
Russian and Ukraine.
infrastructure

Private

2007

7,350

7,350

7,350

Direct
investment

Kredyt Bank Ukraina mortgage credit line

Credit line for mortgages.

Bank lending

Private

2005

6,935

6,935

6,935

Direct
investment

Toepfer Ukraine

Transport, storage and export of agricultural


commodities, or sale and supply to leading
local food processors.

Agribusiness

Private

2005

168,181

69,353

69,353

Direct
investment

ProCredit Bank Ukraine

Equity investment to allow development of


lending to micro and small businesses.

Small business Private


finance

2006

30,111

3,757

3,757

Direct
investment

Direct Investment Facility

Ukram Industries

Development of nitrogen conditioning system Manufacturing


for refrigerated transport.
and services

Private

2005

13,876

12,045

12,045

Regional
investment

Emerging Europe
Convergence Fund II

Direct equity fund investing in central and


eastern Europe.

Private

2005

6,000

6,000

6,000

Ukraine

Equity funds

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Ukraine

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Slobozhanska Budivelna
Keramika (SBK)

Upgrade of existing and construction of new


brick production facilities.

Manufacturing
and services

Private

2006

10,137

8,595

8,595

Regional
investment

Marbleton Property Fund

Equity funding for office, residential, retail and Property and


industrial property development, primarily in tourism
Russia and Ukraine

Private

2006

44,539

5,563

5,563

Direct
investment

Soufflet Ukraine

Acquisition, refurbishment and expansion of


malting plant.

Agribusiness

Private

2005

4,855

4,855

4,855

Direct
investment

Chumak

Long-term secured loan to food producer to


modernise and expand existing facilities.

Agribusiness

Private

2005

83,498

29,541

29,541

Direct
investment

AVAL Bank SME II

Credit line for on-lending to small and medium Bank lending


sized businesses.

Private

2006

34,676

34,676

34,676

Direct
investment

Renaissance Life Ukraine

Capital increase for a private life insurance


provider.

Insurance and
financial
services

Private

2006

7,041

4,399

4,399

Regional
investment

Capital Media

Long-term financing enabling extension of


operations for TV broadcaster operating in
central and eastern Europe.

Telecoms,
Private
informatics and
media

2006

60,000

30,000

30,000

Regional
investment

SigmaBleyzer Southeast
European Fund IV CV

Private equity fund.

Equity funds

Private

2005

37,500

37,500

37,500

Direct
investment

Kiev-Chop road upgrade

Completion of the upgrading of M06 KievChop road to European standards.

Transport

State

2006

485,995

199,998

199,998

Direct
investment

Yugreftransflot (YTF)

Finance for the company's fleet expansion


programme.

Transport

Private

2007

26,770

2,635

2,635

Ukraine

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Ukraine

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Black Sea Shipping


Management Company

Construction and acquisition of five cargo


ships.

Transport

Private

2006

20,945

5,618

5,618

Direct
investment

Ekoenergia

Construction of a cogeneration facility using


waste gases to produce electricity.

Manufacturing
and services

Private

2006

218,878

69,353

69,353

Direct
investment

Ukraine Micro-lending
Programme II

Kredobank

Credit line for on-lending to small and medium Small business Private
sized businesses.
finance

2007

3,468

3,468

3,468

Direct
investment

Vetropack Gostomel

Investment in efficiency and capacity


expansion of producer of glass containers.

Agribusiness

Private

2006

60,193

20,451

20,451

Regional
investment

Bluehouse equity fund

Property and
tourism

Private

2006

7,627

1,250

1,250

Direct
investment

Mittal Steel

Equity investment in Bluehouse Accession


Property, a fund acquiring, developing,
renovating, owning and managing property in
Bulgaria, Croatia, Moldova, Romania, Serbia
and Ukraine.
Financing to increase productivity and energy
efficiency at Kryviy Rih steel plant.

Manufacturing
and services

Private

2006

138,706

138,706

138,706

Direct
investment

Farmak

Upgrade and construction of manufacturing


facilities for a pharmaceuticals company.

Manufacturing
and services

Private

2006

27,000

18,563

18,563

Regional
investment

BSR Europe Co-Investment


Facility

Equity investment in a company developing


office, retail, residential and industrial real
estate in Ukraine.

Property and
tourism

Private

2006

10,000

3,500

3,500

Direct
investment

ProCredit Bank Ukraine

Syndicated loan to allow development of


lending to micro and small businesses.

Small business Private


finance

2006

18,725

6,242

6,242

Direct
investment

Barlinek

Construction of a floorboard production facility Manufacturing


in central Ukraine.
and services

2006

61,825

25,605

3,658

29,262

Ukraine

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Ukraine

Type of
investment

Project name

Sub project

Description

Sector

Regional
investment

Europolis III

Direct
investment

Kredo Bank

Equity investment allowing the creation of a Property and


regional portfolio of property assets in Bosnia tourism
and Herzegovina, Bulgaria, FYR Macedonia,
Montenegro, Romania, Russia, Serbia and
Ukraine.
Capital increase to finance continued growth Bank equity
and development.

Direct
investment

Cersanit Invest

Loan to finance construction of new sanitary


ware and ceramic tile production facilities.

Direct
investment

Ukraine Energy Efficiency


Programme

UkrExim bank

Direct
investment

Kreditprombank

Direct
investment

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

Private

2006

37,125

3,150

4,725

7,875

Private

2006

3,306

3,306

3,306

Private

2007

106,227

54,138

54,138

Credit line for on-lending for energy efficiency Bank lending


and renewable energy investments.

Private

2007

34,676

34,676

34,676

Credit line for on-lending to micro, small and


medium-sized businesses.

Bank lending

Private

2006

29,128

9,016

9,016

Zitomir

Investment in restructuring and modernisation Agribusiness


of a glass producer in Zitomir.

Private

2006

10,000

4,000

4,000

Direct
investment

Cantik

Finance for the development and construction Property and


of six retail centres across the country.
tourism

Private

2007

57,185

11,239

11,239

Regional
investment

AIG New Europe Fund II

Regional private equity fund investing in equityEquity funds


and equity securities of companies in central
and south-eastern Europe, subsidiary of AIG
Global Investment Group.

Private

2006

5,000

5,000

5,000

Direct
investment

GTC Ukraine Equity

Equity investment in company constructing


new residential, retail and office
developments.

Property and
tourism

Private

2006

69,286

6,868

6,868

Direct
investment

Expert Capital Retail

Property and
Finance for design, development,
construction, ownership and operation of three tourism
shopping centres located in Kiev, Krivoy Rog
and Simferopol.

Private

2008

113,665

19,414

19,414

Ukraine

Manufacturing
and services

EBRD Investments 1991-2009

Ukraine

Type of
investment

Project name

Sub project

Description

Direct
investment

Ukraine Energy Efficiency


Programme

Kreditprombank

Credit line to Kreditprombank for on-lending to Bank lending


local business energy efficiency projects.

Private

2006

6,935

6,935

6,935

Direct
investment

Forum Bank

Loan for on-lending to small and mediumsized enterprises.

Bank lending

Private

2007

83,917

8,322

8,322

Direct
investment

Forum Bank

Loan to support mortgage lending in Ukraine. Bank lending

Private

2007

13,871

6,935

6,935

Direct
investment

Bosch Facility II

Loan for the expansion of auto service


workshops across Ukraine.

Manufacturing
and services

Private

2007

6,000

5,000

5,000

Direct
investment

UkrSibbank

Loan for on-lending to small and mediumsized enterprises in Ukraine.

Bank lending

Private

2008

34,676

34,676

34,676

Regional
investment

E-Energia

Municipal and
environmental
infrastructure

Private

2007

1,700

1,700

1,700

Direct
investment

Cherkasy Energy Efficiency

Equity investment in E-energija, which


provides heat and hot water services to both
residential and industrial customers in
Lithuania and Latvia and is considering
expanding its operations into Ukraine.
Loan to municipal district heating company for
energy efficiency improvements.

Municipal and
environmental
infrastructure

State

2008

14,200

11,200

11,200

Direct
investment

Soufflet Multi-project Facility

Ukraine ACL 2007

Loan for malt production.

Agribusiness

Private

2007

5,490

5,490

5,490

Direct
investment

ISTIL

Loan for working capital and energy efficiency Manufacturing


improvements.
and services

Private

2007

83,224

20,806

20,806

Direct
investment

Bunge Loan Increase

Increase of the earlier loan to finance


construction of edible oil plant.

Private

2006

6,935

3,468

3,468

Ukraine

Sector

Agribusiness

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Ukraine

Type of
investment

Project name

Regional
investment

Description

Sector

Portfolio
Class

Accession Mezzanine Capital II -

Private equity fund investing in central and


south-eastern European as well as Russia
and Ukraine.

Equity funds

Private

2007

20,000

4,000

4,000

Direct
investment

Slavutich Expansion II

Investment to increase production capacity at Agribusiness


brewery.

Private

2007

67,421

33,711

33,711

Direct
investment

Rodovid Bank

Loan for on-lending to micro, small and


medium-sized enterprises.

Small business Private


finance

2007

1,734

1,734

1,734

Direct
investment

Rivne Kyiv High Voltage Line

Support for construction of a new power


transmission line.

Power and
energy

State

2008

405,000

150,000

150,000

Direct
investment

Kyiv City Transport (Metro)

Finance for new rolling stock and spare parts Municipal and
for Kiev Metro system.
environmental
infrastructure

State

2007

44,360

40,000

40,000

Direct
investment

Odessa District Heating

Loan for rehabilitation and modernisation of


district heating services in Odessa.

State

2008

21,900

21,900

21,900

Regional
investment

Baring Vostok Private Equity


Fund IV

Private equity fund investing in middle-market Equity funds


enterprises.

Private

2007

72,810

2,070

2,070

Direct
investment

Furshet - Direct Equity

Investment in a chain of grocery stores.

Agribusiness

Private

2006

14,176

14,176

14,176

Direct
investment

Galnaftogaz

Finance for the expansion of the company's


network of OKKO petrol stations.

Natural
Resources

Private

2007

138,704

34,676

34,676

Direct
investment

Cadogan Petroleum

Equity investment to support the exploration


and development of deep gas fields.

Natural
Resources

Private

2007

16,363

16,363

16,363

Ukraine

Sub project

Municipal and
environmental
infrastructure

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Ukraine

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Slobozhanska Budivelna
Keramika (SBK)

Loan for the construction of new brick


production facilities and renovation of old
ones.

Manufacturing
and services

Private

2007

36,064

6,103

6,103

Direct
investment

Soufflet Multi-project Facility

Slavuta ACL 2007

Support for the acquisition and restructuring of Agribusiness


Slavuta in order to expand its operations to
Ukraine and support local barley farmers.

Private

2007

17,199

17,199

17,199

Direct
investment

MegaBank

Loan for on-lending to micro, small and


medium-sized enterprises.

Small business Private


finance

2007

12,830

12,830

12,830

Direct
investment

International Mortgage Bank of Ukraine

Loan to support the development of mortgage Insurance and


lending in Ukraine.
financial
services

Private

2007

13,871

13,871

13,871

Direct
investment

OTP Ukraine

Finance to support bank's regional


development and small and medium-sized
enterprise lending

Bank lending

Private

2008

45,079

45,079

45,079

Direct
investment

Kreditprom Syndicated Facility II

Loan for working capital and energy efficiency Bank lending


improvements.

Private

2007

69,352

19,419

19,419

Direct
investment

Ukraine Railways: Rolling


Stock Renewal Project

Support for the reform of Ukraines railway


Transport
system with a loan to finance a programme to
renew rolling stock.

State

2009

108,751

43,346

43,346

Direct
investment

AVAL

Investment to support domestic growth.

Bank lending

Private

2008

52,015

52,015

52,015

Regional
investment

Heitman Russia and Ukraine


Property Partners

Equity investment to develop,


reconstruct, acquire, own and manage real
estate property in Russia and Ukraine.

Property and
tourism

Private

2007

14,658

94

94

Direct
investment

Agroinvest

Loan for the construction of production


facilities.

Agribusiness

Private

2007

10,000

10,000

10,000

Ukraine

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Ukraine

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Cersanit Cypr

Loan to finance construction of new sanitary


ware and ceramic tile production facilities.

Manufacturing
and services

Private

2007

29,762

6,550

6,550

Direct
investment

Kyiv City Transport (PasTrans) -

Loan to the company responsible for us, tram Municipal and


and trolleybus services in Kiev.
environmental
infrastructure

State

2007

66,360

60,000

60,000

Direct
investment

Post Privatisation Fund

Equity funds
Equity fund supporting financial and
operational restructuring of medium-sized
enterprises.

Private

1997

21,018

21,018

21,018

Regional
investment

Troika Dialogue

Loan to encourage development of financial


intermediation in Russia and the CIS and
foster competition on the local capital
markets.

Private

2007

19,419

8,322

8,322

Direct
investment

Astarta

Loan to support Ukraines leading sugar


Agribusiness
producer and farm operator in its investments
in energy efficiency.

Private

2008

13,871

13,871

13,871

Direct
investment

Brovary Logistics Centre

The development of a large modern logistics Property and


tourism
centre, addressing the severe shortage of
adequate warehouse space in Kiev region and
Ukraine as a whole.

Private

2009

48,860

5,548

5,548

Regional
investment

Russia Partners III

agribusinesses in Kazakhstan and Russia.

Equity funds

Private

2007

8,670

8,670

8,670

Regional
investment

Capital Media

Development and restructuring of TV


broadcasting group.

Telecoms,
Private
informatics and
media

2007

30,000

15,000

15,000

Direct
investment

Shostka/Bel

Loan for modernisation of production facilities Agribusiness


and increasing capacity at a processed
cheese manufacturer.

Private

2007

21,491

8,028

8,028

Direct
investment

OISIW Cable

Investment in improvements to telecoms and Telecoms,


Private
media infrastructure in Ukraine.
informatics and
media

2007

57,091

22,198

22,198

Ukraine

Insurance and
financial
services

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Ukraine

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Soufflet Agro Ukraine ACL


2008

Supporting a malt producer.

Agribusiness

Private

2008

10,979

10,979

10,979

Regional
investment

Baring Vostok Private Equity


Supplemental Fund

Private equity fund investing in Russia,


Kazakhstan and Ukraine.

Equity funds

Private

2007

31,267

3,462

3,462

Direct
investment

Renaissance Credit Ukraine

Loan to support growth of a retail lending


business.

Insurance and
financial
services

Private

2008

17,338

17,338

17,338

Direct
investment

E-Energia

Municipal and
environmental
infrastructure

Private

2007

7,500

7,500

7,500

Regional
investment

EnerCap

Equity investment in E-energija, which


provides heat and hot water services to both
residential and industrial customers in
Lithuania and Latvia and is considering
expanding its operations into Ukraine.
Private equity fund dedicated to investing in
renewable energy and energy efficiency
projects in central and south-eastern Europe.

Power and
energy

Private

2007

10,000

2,500

2,500

Regional
investment

Advent Central and Eastern


Europe IV

Support investment into central and southEquity funds


eastern European and Ukrainian companies.

Private

2008

5,000

5,000

5,000

Regional
investment

Russian Developer Fund

Equity investment to support real estate


developers in Armenia, Azerbaijan, Belarus,
Georgia, Kazakhstan, Kyrgyzstan, Moldova,
Russia, Tajikistan, Ukraine and Uzbekistan.

Property and
tourism

Private

2008

10,323

2,073

2,073

Direct
investment

Ukraine Energy Efficiency


Programme

Forum Bank

Funds for on-lending to energy efficiency


projects.

Bank lending

Private

2008

17,338

17,338

17,338

Direct
investment

Centravis

Balance sheet restructuring of a metal


manufacturer.

Manufacturing
and services

Private

2009

48,000

15,000

15,000

Direct
investment

Lafarge Mykolaiv

Equity investment to increase cement


production capacity and to achieve energy
consumption reduction.

Manufacturing
and services

Private

2008

55,174

55,174

55,174

Ukraine

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Ukraine

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

UkrSotsbank

Loan to promote development of mortgage


lending in Ukraine.

Bank lending

Private

2008

52,015

52,015

52,015

Regional
investment

UFG Private Equity Fund II

Investment in a private equity fund that targets Equity funds


medium-sized enterprises in the CIS.

Private

2009

3,481

3,481

3,481

Direct
investment

Ivano-Frankivsk District
Heating

Loan to utility company to improve the quality Municipal and


of heating and hot water delivery services.
environmental
infrastructure

State

2009

11,700

11,700

11,700

Direct
investment

Odessa terminal

Financing for the construction of a container


terminal at the port of Odessa.

Private

2009

51,321

25,661

25,661

Regional
investment

CEE Special Situations Fund

CRG Capital

Investment in an equity fund managed by


Equity funds
CRG Partners targeting distressed and underperforming companies.

Private

2009

1,000

1,000

1,000

Regional
investment

Aqualia Investment Venture

Equity in a new company that invests in water Municipal and


concessions and acquires other privately held environmental
water groups.
infrastructure

Private

2009

8,163

4,000

4,000

Direct
investment

Kyiv City Traffic Management -

Loan for development of traffic management


system for major transport corridors.

Municipal and
environmental
infrastructure

State

2008

33,000

15,000

15,000

Direct
investment

ProCredit Ukraine

Loan for on-lending to micro and small


enterprises.

Small business Private


finance

2008

13,871

6,935

6,935

Regional
investment

Macquarie Renaissance
Infrastructure Fund

Supporting infrastructure projects in


Kazakhstan, Russia and Ukraine.

Transport

Private

2008

95,360

17,338

17,338

Direct
investment

Desnagrain

Loan to support the local farming sector.

Agribusiness

Private

2008

20,806

20,806

20,806

Ukraine

Transport

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Ukraine

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Lviv public transport

Upgrade of Lviv city's public transport


network.

Municipal and
environmental
infrastructure

State

2009

14,500

12,000

12,000

Direct
investment

Ukraine Energy Efficiency


Programme

OTP Bank

Funds for on-lending to energy efficiency


projects.

Bank lending

Private

2008

27,741

10,403

10,403

Direct
investment

Ukraine Energy Efficiency


Programme

UkrExim Bank

Funds for on-lending to energy efficiency


projects.

Bank lending

Private

2008

34,676

34,676

34,676

Regional
investment

European Fund for SouthEast Europe II

Support to financial institutions for on-lending Small business Private


to MSMEs, as well as for housing and rural
finance
finance.

2009

11,550

1,650

1,650

Direct
investment

NCH Farming

Working capital financing for a Ukrainian


farming fund.

Agribusiness

Private

2009

34,676

24,274

24,274

Direct
investment

Noble Group

Loan for the construction of an oilseed


crushing plant and development of port
facilities on the Black Sea.

Agribusiness

Private

2009

78,369

17,338

17,338

Direct
investment

Galnaftogas petrol stations

Investment to finance the company's


acquisition and capital expenditure
programme.

Natural
Resources

Private

2009

34,330

34,330

34,330

Direct
investment

Lviv road modernisation

Loan for the modernisation of the city's road


and transport system.

Municipal and
environmental
infrastructure

State

2009

31,900

26,000

26,000

Direct
investment

Euroterminal Odessa

Development of port infrastructure, including


container handling facilities.

Transport

Private

2009

32,804

6,242

6,242

Direct
investment

Astarta II

Modernisation/expansion of Astarta's sugar Agribusiness


plants via improvements in energy efficiency.

Private

2009

13,871

13,871

13,871

Ukraine

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Ukraine

Type of
investment

Project name

Sub project

Description

Direct
investment

MegaBank

Equity investment to strengthen the


Bank equity
MegaBank's capital and liquidity as a result of
the financial crisis.

Private

2009

12,758

6,256

6,256

Regional
investment

Soufflet Agriculture

Loan for working capital.

Agribusiness

Private

2009

25,000

25,000

25,000

Direct
investment

Odessa Terminal

Support for the development of a container


terminal in the Port of Odessa.

Transport

Private

2009

694

694

694

Direct
investment

Forum Bank

Crisis-response subordinated loan to support Bank lending


the bank's capitalisation.

Private

2009

55,482

55,482

55,482

Direct
investment

Ukreximbank

Largest transaction to date in Ukrainian


banking sector promotes lending to real
economy.

Bank lending

Private

2009

173,382

173,382

173,382

Direct
investment

MegaBank

Continuing its support to the Ukrainian


banking sector.

Bank lending

Private

2009

10,403

10,403

10,403

Direct
investment

UkrSibbank

Support for an important financial institution


with a large client base.

Bank lending

Private

2009

69,353

69,353

69,353

Direct
investment

Domi

A loan to Ergopack, one of Ukraines largest


producers and distributors of disposable
household consumer products.

Manufacturing
and services

Private

2009

5,479

5,479

5,479

Direct
investment

Obolon III

Support for Obolon in restructuring its balance Agribusiness


sheet and funding energy efficiency
improvements.

Private

2009

95,706

31,209

31,209

Direct
investment

Unicredit Group

Ukrsotsbank

Medium and long-term debt financing in


support of SMEs, lease finance and energy
efficiency projects.

Private

2009

69,353

69,353

69,353

Ukraine

Sector

Bank lending

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Ukraine

Type of
investment

Project name

Sub project

Description

Direct
investment

Cantik

Finance for the development, construction and Property and


operation of a chain of international standard tourism
specialist retail centres.

Private

2009

16,229

6,589

6,589

Direct
investment

Maisadour

Financing for part of the construction of a


greenfield seed production plant in Ukraine.

Private

2009

37,375

13,000

13,000

Direct
investment

Logoplaste Ukraine

Support for the acquisition, modernisation and Manufacturing


operation of the packaging facilities of SC
and services
Johnson Ukraine.

Private

2009

4,100

4,100

4,100

Regional
investment

Heitman Eastern European


Property Fund

An equity investment into Heitman European Property and


Property Partners IV, an investment vehicle tourism
pursuing long-term capital appreciation
through real estate investments.

Private

2009

45,550

7,500

7,500

Direct
investment

Ukreximbank

Syndicated loan to contribute to the banking Bank lending


sector stability and promote lending to the real
economy.

Private

2009

93,280

34,676

34,676

Regional
investment

Louis Dreyfus Grain Trade


Finance

Providing stable financing for the increasing


working capital needs of the agricultural
commodities trading activities.

Agribusiness

Private

2009

95,360

26,007

26,007

Direct
investment

Bank Aval

The 10-year subordinated loan will support


Bank lending
Raiffeisen Bank Aval's capital base thus
boosting the banks overall financial strength.

Private

2009

104,029

104,029

104,029

Regional
investment

Almaz Capital Russia Fund I

The Fund will make equity and equity-related Equity funds


venture capital investments in companies
based in Russia and the CIS.

Private

2009

1,345

416

416

Direct
investment

Regional Trade Facilitation


Programme

State Export Import Bank of Support for foreign trade.


Ukraine

Private

2007

2,081

1,041

1,041

2,081

Direct
investment

Centravis

Private

2009

52,000

10,000

10,000

Ukraine

Sector

Agribusiness

Bank lending

Support for an important local manufacturer, Manufacturing


aiming to raise governance and environmental and services
standards throughout the country's steel tubes
and pipes sector.

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Uzbekistan

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

First NIS Regional Fund

Equity fund investing in companies in the New


Independent States (NIS).

Equity funds

Private

1994

518

310

310

Direct
investment

Zarafshan-Newmont jointventure

Expansion of heap leaching facility processing


ore from the Muruntau gold mine.

Natural
Resources

Private

1993

104,029

36,410

36,410

Direct
investment

SME credit line

NBU

Credit line to assist small and medium-sized


enterprises.

Bank lending

Private

1993

41,611

41,611

41,611

Direct
investment

Syrdarinskaya power plant

Upgrade of turbines and water intake system at Power and


power plant.
energy

State

1997

31,292

19,279

19,279

Direct
investment

Kasansay-Tekmen wool
products

Construction of woollen textile plant and


purchase of equipment.

Manufacturing
and services

Private

1996

54,739

12,451

6,225

18,676

Direct
investment

Fergana refinery

Upgrade of refinery and improvement of safety


system and environmental impact.

Natural
Resources

State

1997

133,304

60,206

60,206

Direct
investment

Tashkent Airport

Modernisation of passenger terminal and


improvements to taxiways.

Transport

State

1997

37,718

26,621

26,621

Direct
investment

Uzbek Leasing International

Investment in leasing firm targeting small and


medium-sized enterprises.

Insurance and
financial
services

Private

1995

13,407

514

514

Direct
investment

Zarafshan-Newmont jointventure

Expansion of heap leaching facility processing


ore from the Muruntau gold mine.

Natural
Resources

Private

1995

74,901

13,871

13,871

Direct
investment

ABN-AMRO Bank Uzbekistan -

Equity investment.

Bank equity

Private

1996

6,068

867

867

Uzbekistan

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Uzbekistan

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Sergily building materials

Upgrade of brick factory.

Manufacturing
and services

Private

1996

29,101

9,670

9,670

Direct
investment

UzDaewoo Bank

Equity investment in commercial and investment Bank equity


bank.

Private

1996

14,832

4,429

4,429

Direct
investment

Regional Trade Facilitation


Programme

NBU

Support for foreign trade.

Bank lending

State

1995

27,741

27,741

27,741

Direct
investment

Uzbek railways freight traction renewal and management


project

Modernisation and restructuring of Uzbek


railways.

Transport

State

1999

77,315

27,741

27,741

Direct
investment

SME credit line

Asaka Bank

Credit line to assist small and medium-sized


enterprises.

Bank lending

Private

1996

20,771

20,771

20,771

Direct
investment

SME credit line

NBU

Credit line to assist small and medium-sized


enterprises.

Bank lending

Private

1996

41,686

38,218

38,218

Direct
investment

Tashkent solid waste


management

Upgrade of infrastructure for municipal and


industrial solid waste management.

Municipal and
environmental
infrastructure

State

1998

27,112

6,704

6,704

Direct
investment

Regional Trade Facilitation


Programme

Asaka Bank

Support for foreign trade.

Bank lending

State

1998

6,935

6,935

6,935

Direct
investment

Regional Trade Facilitation


Programme

UzDaewoo Bank

Support for foreign trade.

Bank lending

Private

1998

3,121

3,121

3,121

Direct
investment

SME credit line

UzPromstroy Bank

Credit line to assist small and medium-sized


enterprises.

Bank lending

Private

1999

5,785

5,785

5,785

Uzbekistan

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Uzbekistan

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Direct
investment

Kasansay-Tekmen wool
products

Construction of woollen textile plant and


purchase of equipment.

Manufacturing
and services

Private

1999

13,696

5,373

5,373

Direct
investment

Zarafshan-Newmont jointventure

Expansion of heap leaching facility processing


ore from the Muruntau gold mine.

Natural
Resources

Private

2000

230,113

10,403

10,403

Direct
investment

Uzbek Leasing International

Investment in leasing firm targeting small and


medium-sized enterprises.

Insurance and
financial
services

Private

2000

7,192

510

510

1,019

Direct
investment

SME credit line

Pakhta Bank

Credit line to assist small and medium-sized


enterprises.

Bank lending

Private

2000

8,077

8,077

8,077

Direct
investment

Uz-Arctech

Establishment of manufacturing plant producing Manufacturing


welding equipment.
and services

Private

2004

18,587

6,589

6,589

Direct
investment

Locomotive re-powering
project

Re-powering of diesel-electric locomotives,


including the installation of new engines, main
alternators and cooler groups.

Transport

State

2001

57,563

47,160

47,160

Direct
investment

Direct Investment Facility

SealMag

Acquisition of colour offset printing equipment.

Manufacturing
and services

Private

2002

1,074

586

586

Direct
investment

Bursel Tashkent Textile

Establishment of textile plant manufacturing high- Manufacturing


quality knitted cotton garments.
and services

Private

2003

30,515

9,016

9,016

Direct
investment

Tashkent water supply


improvement

Replacement of equipment and construction of


reservoir.

Municipal and
environmental
infrastructure

State

2004

9,538

6,764

6,764

Direct
investment

Japan-Uzbekistan Small
Business Programme

Pakhta Bank

Financing for micro and small enterprises.

Small business Private


finance

2002

1,318

1,318

1,318

Uzbekistan

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Uzbekistan

Type of
investment

Project name

Sub project

Description

Sector

Direct
investment

Japan-Uzbekistan Small
Business Programme

Hamkor Bank

Financing for micro and small enterprises.

Small business Private


finance

2002

1,387

1,387

1,387

Direct
investment

Japan-Uzbekistan Small
Business Programme

Ipoteck Bank

Credit lines to Uzjilsberbank for on-lending to


small and medium-sized businesses.

Small business Private


finance

2004

1,387

1,387

1,387

Direct
investment

Direct Lending Facility

Berad-Agro

Financing for dried fruit and vegetable producer. Agribusiness

Private

2004

832

832

832

Direct
investment

Japan-Uzbekistan Small
Business Programme

Hamkor Bank

Credit lines to Hamkor Bank for on-lending to


small and medium-sized businesses.

Small business Private


finance

2004

2,081

2,081

2,081

Direct
investment

Unitel

Acquisition of second-largest mobile operator in Telecoms,


Private
Uzbekistan.
informatics and
media

2004

53,089

4,082

4,082

Direct
investment

Direct Lending Facility

Mekhnat Pivo

Loan to help increase current production capacity Agribusiness


of a brewery.

Private

2005

3,100

2,800

2,800

Direct
investment

Regional Trade Facilitation


Programme

Hamkor Bank

Support for foreign trade.

Bank lending

Private

2006

2,485

2,485

2,485

Direct
investment

Direct Lending Facility

JV Green World

Loan to expand production of fruit and vegetable Agribusiness


concentrates and purees.

Private

2007

5,321

2,200

2,200

Direct
investment

Hamkor Bank

Loan for on-lending to micro, small and medium- Small business Private
sized enterprises.
finance

2007

3,468

3,468

3,468

Direct
investment

Bayteks

Establishment of a modern textile plant.

2005

19,419

5,548

5,548

Uzbekistan

Manufacturing
and services

Portfolio
Class

Private

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Uzbekistan

Type of
investment

Project name

Sub project

Description

Direct
investment

Japan-Uzbekistan Small
Business Programme

Hamkor Bank

Credit line to Hamkor Bank for on-lending to local Small business Private
micro and small businesses.
finance

2006

2,081

2,081

2,081

Direct
investment

Direct Lending Facility

Oltin Taqa

Loan to Oltin Taqa to increase production


facilities for fruit and vegetable concentrates.

Agribusiness

Private

2006

365

365

365

Direct
investment

Bursel Demand Loan

Loan to a cotton garment manufacturer.

Manufacturing
and services

Private

2006

2,968

2,968

2,968

Regional
investment

Centras Private Equity Fund

Private equity fund investing in companies


operating in or exporting products or services
from Kazakhstan, Russia and Central Asia.

Equity funds

Private

2007

629

629

629

Direct
investment

Direct Lending Facility

Imkon Plus

Loan to leading ice cream producer for


expansion.

Agribusiness

Private

2007

2,670

1,803

1,803

Direct
investment

Direc Lending Facility

Andijan Cable

Finance for the purchase of new lines for


production of power cables, commodity copper
wire and LAN cables.

Manufacturing
and services

Private

2009

3,468

3,468

3,468

Direct
investment

Direct Lending Facility

Mekhnat Pivo II

Funds for the purchase of a beer bottling line.

Agribusiness

Private

2007

2,000

2,000

2,000

Direct
investment

Direct Lending Facility

Malika Hotel Khiva

Loan for the expansion of hotel facilities via a bed Property and
and breakfast type hotel in Nukus.
tourism

Private

2007

139

139

139

Regional
investment

Kazakhstan Growth Fund

Equity investments to strengthen private


companies.

Equity funds

Private

2008

910

832

832

Direct
investment

Uzbek Leasing International

Loan to support small and medium-sized


enterprises in Uzbekistan.

Insurance and
financial
services

Private

2008

2,081

2,081

2,081

Uzbekistan

Sector

Portfolio
Class

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

EBRD Investments 1991-2009

Uzbekistan

Type of
investment

Project name

Sub project

Description

Sector

Portfolio
Class

Regional
investment

Aureos Central Asia Fund

Equity investment to support medium-sized


enterprises in Azerbaijan, Central Asia and
Georgia.

Equity funds

Private

2008

71

71

71

Direct
investment

Direct Lending Facility

Tarleplast

Finance to support expansion of a plastics goods Agribusiness


producer.

Private

2008

3,190

3,190

3,190

Direct
investment

Direct Lending Facility

Jurabek Laboratories

Finance to support expansion of a


pharmaceuticals producer.

Manufacturing
and services

Private

2008

2,500

2,500

2,500

Direct
investment

Direct Lending Facility

Shahboz Shahrom

Finance to support modernisation and expansion Manufacturing


of a local carpet producer.
and services

Private

2008

1,040

1,040

1,040

Direct
investment

Direct Lending Facility

Agromir and Agromir


Samarkand

Funds to support balance sheet restructuring and Agribusiness


for working capital.

Private

2009

3,468

3,468

3,468

Regional
investment

Mobile TeleSystems

Finance to support mobile network expansion.

Telecoms,
Private
informatics and
media

2008

55,950

17,250

17,250

Direct
investment

Direct Lending Facility

Mekhnat Pivo III

Investment to finance expansion of a local


brewery.

Agribusiness

Private

2008

12,100

6,300

6,300

Direct
investment

Hamkor Bank

Help to increase the availability of financing to


private businesses with a credit line for onlending to MSEs.

Small business Private


finance

2009

3,468

1,734

1,734

Direct
investment

Direct Lending Facility

Imkon Plus II

Loan to an ice cream producer to increase


production capacity and improve the regional
distribution network.

Agribusiness

Private

2009

2,774

2,774

2,774

Direct
investment

Direct Lending Facility

Marwin Brands - Dena

Helping a juice and nectar producer in


Uzbekistan to diversify production and improve
its regional distribution network.

Agribusiness

Private

2009

1,400

1,400

1,400

Uzbekistan

Year of Total project


EBRD EBRD equity
signing
value loan
(
( 000)
( 000)
000)

EBRD Total EBRD


guarantee
finance
( 000)
( 000)

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