The European Bank for Reconstruction and Development (EBRD) is an international financial institution established in 1991 and headquartered in London, United Kingdom. Its primary mission is to foster economic development in Central and Eastern Europe, as well as in the Middle East and Africa, by providing project financing to banks, industries, and businesses. The EBRD focuses on supporting new ventures and facilitating investments in existing companies, while also assisting publicly owned entities in privatizing and restructuring municipal services. The bank engages in equity investments and provides various forms of debt financing, including senior, subordinated, mezzanine, and convertible debt. By collaborating with commercial partners and financial intermediaries, such as local banks and equity funds, the EBRD aims to enhance private sector growth and development across multiple sectors. Through its extensive experience, the EBRD has invested more than €130 billion in over 5,200 projects, playing a significant role in advancing economic transformation in the regions it serves.
Managing Director, Southern and Eastern Mediterranean
Susan Goeransson
Director of Infrastructure Europe and Sustainable Infrastructure Group
Zsuzsanna Hargitai
Managing Director, Small and Medium Enterprises Finance and Development
Zoltan Hopka
Investor
Natalia Lacorzana
Director, Natural Resources
Francis Malige
Managing Director for Financial Institutions
Andreea Moraru
Director and Regional Head of Greece and Cyprus
Tamás Nagy
Director, Equity Partner and Co-Head of Private Equity
Nandita Parshad
Managing Director, Sustainable Infrastructure Group
Odile Renaud-Basso
President and Member of the Executive Committee
Jürgen Rigterink
First Vice President, Chairman and Head of Client Services Group
Kanako Sekine
Managing Director, Portfolio
Melis Tabojer
Director and Head of European Union Banks and Structured Finance
Paul Vlaanderen
Director
Aleksandra Vukosavljevic
Director, Financial Institutions, Western Balkans and Eastern Europe
Dirk Werner
Managing Director, Equity
Natalia Zhukova
Director and Head, Agribusiness
Grzegorz Zielinski
Director and Head of Energy Europe
Alistair Clark Ph.D
Managing Director, Environment and Sustainability Department
Heike Harmgart
Managing Director for Sub-Saharan Africa
Past deals in Eastern Europe
Kazakhstan Electricity Grid Operating Company
Post in 2024
Kazakhstan Electricity Grid Operating Company JSC, based in Astana, is a key player in the electricity sector of Kazakhstan, providing essential services such as electricity transmission, dispatch, and production-consumption management. Founded in 1996, the company is responsible for centralized dispatch control and maintains the balance of the energy system while coordinating with neighboring countries' energy systems. Its activities include ensuring the readiness of electricity capacity, offering technical support, and maintaining infrastructure. The company also plays a significant role in the development of a sustainable electric power system, emphasizing infrastructure planning and clean energy initiatives. A substantial portion of its revenue is generated from customers in Kazakhstan, as well as in Russia and Uzbekistan.
Autonom Group
Debt Financing in 2024
Autonom Group is a family-owned mobility network that specializes in transportation and car rental services across Romania, Hungary, and Serbia. The company offers a comprehensive range of services, including car rentals, purchase-use vehicles, operating leases, equipment leases, road assistance, transfer services, and fleet management. Autonom Group is committed to long-term growth driven by client satisfaction and the development of its employees. The company prioritizes profitability and financial stability as natural outcomes of its focus on customer service and employee evolution.
Kormotech
Debt Financing in 2024
Kormotech is a Ukraine-based company that specializes in cat and dog food manufacturing.
La Cocos
Private Equity Round in 2024
La CocoS is a food retailer Operator of a bargain retail store in Ploiesti, Romani
Photon Energy Group
Debt Financing in 2024
Photon Energy Group is a global solar power solutions and services company headquartered in Amsterdam, Netherlands, with additional offices in Germany, Australia, the Czech Republic, and Slovakia. The company specializes in the entire lifecycle of solar power systems, operating through five key divisions: Engineering, Technology, Investment, Operations & Maintenance, and New Energy. With a proven track record, Photon Energy has built and commissioned over 50 MWp of solar power plants and manages a portfolio of more than 180 MWp in operations and maintenance. The company also oversees its proprietary portfolio of 26 MWp of power plants across three countries on two continents. Photon Energy derives the majority of its revenue from its New Energy segment, primarily in the Czech Republic, while maintaining a strong presence in other markets, including Hungary, Poland, Romania, and Germany.
Farmak
Debt Financing in 2024
Farmak is a Ukraine-based pharmaceutical company specializing in the production and distribution of generic medical drugs. Established as a leader in the Ukrainian pharmaceutical market since 2010, it is also recognized as the largest exporter of medicines in the country. Farmak operates 20 production lines that comply with Good Manufacturing Practices (GMP). In 2015, the company expanded its capabilities by launching a facility in Shostka dedicated to the manufacture of active pharmaceutical ingredients, with an annual production capacity of 100 tons. Its diverse product portfolio includes medications for endocrinology, diagnostics, and cardiology, primarily serving the domestic market while also exporting to various international markets.
KredoBank
Debt Financing in 2023
KredoBank PJSC is a banking corporation based in Ukraine that offers a range of commercial banking services. Its operations encompass both retail and corporate banking, providing individuals with current and savings accounts, deposits, credit and debit cards, consumer loans, mortgages, and foreign currency transactions. For corporate clients, KredoBank offers direct debit facilities, various loans, and credit services. Additionally, the bank engages in financial instrument trading, capital market transactions, and foreign currency operations. KredoBank is committed to delivering effective and secure banking solutions to its customers, aiming for growth and stability in its financial offerings.
Moldovan Railways
Debt Financing in 2023
Moldovan Railways is the country's sole railway operator, responsible for passenger and cargo transportation as well as railway infrastructure maintenance.
ProCredit Holding
Post in 2023
ProCredit Holding is a financial institution that manages a group of banks across various regions, focusing on responsible banking practices and sustainable development. The company is engaged in general banking functions, including accepting deposits, providing loans, and offering current and savings accounts, along with a range of other banking services. Its operations span several geographical segments, including South-Eastern Europe, where it operates seven banks in Albania, Bosnia and Herzegovina, Bulgaria (with branch operations in Greece), Kosovo, North Macedonia, Romania, and Serbia. In Eastern Europe, it has three banks in Georgia, Moldova, and Ukraine, while in South America, it operates one bank in Ecuador. Additionally, ProCredit Holding has a presence in Germany through ProCredit Bank. The company emphasizes strategic management, capital adequacy, and effective risk management to ensure proper business organization within the group.
Grain Alliance
Debt Financing in 2022
Grain Alliance is a progressive farm operator in Ukraine. Implementing modern technology, financial management, and production methods aims to restore Ukraine as the bread basket.
Premier Energy
Debt Financing in 2022
Premier Energy SRL engages in distribution and supply of natural gas in Romania. The company offers maintenance and construction of natural gas distribution networks, connections, and user installations.
Raiffeisen Bank International
Debt Financing in 2022
Raiffeisen Bank International AG, headquartered in Vienna, Austria, offers a wide range of banking services through its subsidiaries, focusing on corporate, retail, and investment banking. The bank provides essential cash management services, including account management, electronic banking, and cross-border payment solutions. Its investment services encompass custody, fund administration, and various trading options such as electronic sales trading and fund brokerage. Raiffeisen Bank International also specializes in financing solutions like trade finance, working capital finance, and project finance, along with providing credit cards and bank guarantees. Additionally, the bank supports clients with asset management, structured products, and advisory services in mergers and acquisitions. With a network of 2,040 business outlets across Central, Southeastern, and Eastern Europe, the bank is well-positioned to serve a diverse clientele.
OTE Group of Companies
Post in 2022
OTE Group is the technology company.They offers the full range of telecommunications services: from fixed-line and mobile telephony, broadband services, to pay television and integrated ICT solutions. In addition to its core telecommunications activities, the Group in Greece is also involved in maritime communications, real-estate and professional training. Abroad, the Group operates in the telecommunications market of Romania, where it offers fixed-line and mobile communications, as well as television services.
Mobiasbanca
Debt Financing in 2021
Mobiasbanca is a commercial bank located in Chisinau, Moldova, established in 1990. It offers a range of banking services for individuals and businesses, including individual, corporate, and mortgage banking. The bank provides various financial products such as working capital, project finance, real estate debt, trade finance, and cash management. As a subsidiary of Groupe Société Générale, Mobiasbanca plays a significant role in the Moldovan banking sector, serving the diverse financial needs of its customers.
Dragon Capital
Debt Financing in 2021
Dragon Capital is a prominent financial services firm based in Limassol, Cyprus, established in 2000. It specializes in a wide array of investment and financial services, including equities and fixed-income sales, trading, research, investment banking, private equity, and asset management. The firm serves institutional, corporate, and private clients, and plays a significant role in the Ukrainian financial market, accounting for a large share of stock market transactions and dominating the debt market. Dragon Capital's investment banking services include domestic and cross-border mergers and acquisitions, initial public offerings, private placements, and debt financing. Over its history, the firm has successfully raised more than $5 billion in new capital through various advisory and capital-raising deals. Additionally, it has a strong track record in private equity investments across Ukrainian industries and real estate projects, supported by a skilled team with a reputation for excellence. Dragon Capital has received multiple accolades, including recognition as Ukraine’s leading equity research team and Best Equity House by Euromoney.
Moldova Agroindbank
Debt Financing in 2020
Moldova Agroindbank is a commercial bank based in Chişinău, Moldova, established in 1991. It offers a wide range of financial services tailored for both individuals and legal entities. The bank provides various products including mortgage loans, consumer credit, term deposits, current accounts, and payment cards. Additionally, it offers capital market investment products, letters of credit, bank guarantees, and documentary collections. Moldova Agroindbank also provides leasing options, multi-optional loans, credit cards, overdraft facilities, and microcredit loans, as well as financing solutions for personal expenses and working capital. Through its diverse offerings, the bank aims to meet the needs of its varied customer base.
Grain Alliance
Debt Financing in 2020
Grain Alliance is a progressive farm operator in Ukraine. Implementing modern technology, financial management, and production methods aims to restore Ukraine as the bread basket.
Mobiasbanca
Debt Financing in 2020
Mobiasbanca is a commercial bank located in Chisinau, Moldova, established in 1990. It offers a range of banking services for individuals and businesses, including individual, corporate, and mortgage banking. The bank provides various financial products such as working capital, project finance, real estate debt, trade finance, and cash management. As a subsidiary of Groupe Société Générale, Mobiasbanca plays a significant role in the Moldovan banking sector, serving the diverse financial needs of its customers.
Lantmännen Axa
Debt Financing in 2020
Lantmännen Axa are producer of breakfast cereals in Ukraine that is owned by Sweden’s agribusiness cooperative, Lantmännen.
Moldova Agroindbank
Private Equity Round in 2018
Moldova Agroindbank is a commercial bank based in Chişinău, Moldova, established in 1991. It offers a wide range of financial services tailored for both individuals and legal entities. The bank provides various products including mortgage loans, consumer credit, term deposits, current accounts, and payment cards. Additionally, it offers capital market investment products, letters of credit, bank guarantees, and documentary collections. Moldova Agroindbank also provides leasing options, multi-optional loans, credit cards, overdraft facilities, and microcredit loans, as well as financing solutions for personal expenses and working capital. Through its diverse offerings, the bank aims to meet the needs of its varied customer base.
SolarGaps
Grant in 2018
SolarGaps, based in Kyiv, Ukraine, specializes in the development of smart solar blinds that integrate photovoltaic panels to generate electricity. These innovative blinds automatically track the sun, allowing users to harness solar energy to power electrical devices in homes or offices. They can also store energy for later use, serving as an emergency power supply. By utilizing SolarGaps, users can significantly reduce their electricity bills while maintaining a comfortable indoor environment. Additionally, the system includes a smartphone app that enables remote monitoring and control, providing convenience and efficiency in energy management.
Webinar.ru
Series A in 2014
Webinar.ru is a Russian-based online service that enables businesses to conduct online meetings for various purposes, including marketing, training, sales, and collaboration. The platform allows users to hold webinars, where speakers can present to audiences ranging from small groups to several thousand participants. Key features of Webinar.ru include video and teleconferencing capabilities, chat functions, the ability to display presentations and documents, screen sharing, and conducting online surveys. This versatile platform facilitates the invitation of participants and speakers from around the globe, enhancing communication and engagement in a digital environment.
MAYKOR
Private Equity Round in 2013
MAYKOR is the largest group of companies in the Russian service and outsourcing market, and a specialized provider of integrated maintenance services for IT equipment, building utility systems and business applications. MAYKOR’s mission is to provide effective infrastructure maintenance and development services for large and medium-sized businesses country-wide. The MAYKOR Group unites such companies as NST, CRT Service, Expertek and BetterFly Services that have been on the IT market for more than 13 years. With our own nationwide network of 83 branches and 400 local offices, MAYKOR is an one-stop-shop service provider. The company employs more than 3000 certified engineers. The MAYKOR's customer base is comprised of more than 950 businesses, including the largest geographically distributed companies from all industries. MAYKOR has a unique competence center, advanced specialized training programs for technical personnel, a developed logistics infrastructure, an automated service tracking and control system, as well as an ISO-compliant quality management system.
KupiVIP
Series D in 2012
KupiVIP is a prominent Russian online fashion retailer that specializes in offering discounted apparel and home goods from both high-street and luxury brands. Established in 2008 by Vladimir Kholyaznikov, Mikhail Konoplev, and Oskar Hartmann, the company has rapidly expanded its reach, amassing a customer base of 6 million. KupiVIP features up to 20 private flash sales each day, providing consumers with the opportunity to purchase fashionable clothing and accessories at reduced prices. By collaborating with various global brands, KupiVIP enables customers to conveniently access and buy branded items at affordable rates. The company is headquartered in Moscow, Russia.
KDL Test
Private Equity Round in 2012
KDL Test, LLC is a provider of laboratory diagnostic services based in Moscow, Russian Federation. Founded in 2003, the company operates five regional laboratories located in Perm, Omsk, Kazan, Krasnodar, and Astrakhan, along with 60 blood collection points. KDL Test specializes in a range of diagnostic services, including prenatal diagnostics, thyroid healthcare, COVID-19 testing, and assessments for diabetes and rheumatological conditions. The company emphasizes the safety of blood collection procedures by utilizing vacuum systems, and it enables clients to undergo planned operations and health examinations conveniently at home. KDL Test has established itself as a significant player in the retail sector and is the leading service provider in the B2B sector.
Russian Towers
Private Equity Round in 2012
The company "Russian Towers" is an independent owner of antenna mast structures in the territory of Russia.The company provides services on sharing telecommunication infrastructure, i.e. invests in the own construction of tower structures of different designs in the regions of Russia as well as acquires towers with the purpose of their subsequent high quality maintenance.Sharing infrastructure involves significant financial and operational savings, allowing to avoid performing repeated works and bearing extra costs. This gives sites’ tenants an opportunity to focus on the most profitable areas of business and become more competitive.The company "Russian Towers" was founded by professionals acting in the area of telecommunications with the financial support of UFG Asset Management, the European Bank for Reconstruction and Development (EBRD), Macquarie Renaissance Infrastructure Fund, ADM Capital and Sumitomo Corporation.The company "Russian Towers" is a reliable and long-term partner for the operators of mobile and fixed radio communication as well as television, providing effective solutions for the networks development.
Enforta
Series C in 2008
Enforta uses a variety of technologies (including WiMAX) to offer Russians internet, telephone, VPN and custom telecom/IT solutions. The company serves more than 7000 clients in 18 cities of Russia. Complete service packages including both voice and data services start at $20 per month. In December of 2003 Enforta acquired ZAO Prestige Internet and in 2005 they acquired OOO Evgenia. Later in 2005 the company launched its first wireless broadband services. The name "Enforta" is derived from the Latin word "forte" (strong) and the English word "enforce" (to strengthen), which makes sense since the company is trying to "strengthen" customer communications.
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