European Bank for Reconstruction and Development

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.

Maria Barsuk

Investor

Odile Renaud Basso

President

Matteo Colangeli

Regional Director, Western Balkans

Mark Davis Ph.D

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 North Macedonia

Komercijalna Banka Skopje

Debt Financing in 2024
Komercijalna Banka AD Skopje is a prominent commercial bank in Macedonia, known for its comprehensive range of banking services. The bank specializes in collecting deposits, providing loans and advances, and facilitating factoring and financing for commercial transactions. It also engages in foreign exchange operations, fast money transfers, and trading in foreign currencies and securities. Additionally, Komercijalna Banka offers custodian services for investment and pension funds, intermediates in insurance policy sales, and conducts data collection and credit rating analysis for companies. With a strong reputation for trust and reliability, the bank serves both domestic and international clients, operating across Europe and other EU member countries.

Euromax Resources

Post in 2024
Euromax Resources (TSX: EOX; OTCQX: EOXFF; WKN A1J6XZ) is a Canadian exploration and development company with a major development project in Macedonia and an exploration services company in Bulgaria. They are focused on building and operating the Ilovica-Shtuka copper/gold project in Macedonia, as well profitably deploying the wealth of exploration experience within their Bulgarian Exploration Services subsidiary. They are excited to be progressing an enviable pipeline of gold and base metal assets that are at different development stages through the steps of resource definition, feasibility, development and permitting with the ultimate aim of evolving into the premier European gold producer. Supported by their highly-skilled local staff, technical expertise and management track record of developing gold assets around the world, they are committed to maximising shareholder value through an honest, transparent and ethical business approach.

Balfin Group

Debt Financing in 2024
Mr Samir Mane established BALFIN Group in 1993 in Vienna and has grown into a powerhouse in the investment sector, particularly within the Western Balkans. The company's journey from a visionary startup in Austria to a multinational enterprise encapsulates its strategic prowess and adaptability. Today, it operates across several countries, including Austria, Albania, Kosovo, Bosnia and Herzegovina, North Macedonia, Montenegro, Switzerland, Croatia, the Netherlands, and the USA, showcasing its ability to thrive in diverse economic environments. The company's operations span many sectors, reflecting its versatile and forward-thinking business approach. Its portfolio includes significant real estate, banking, asset management, wholesale and retail, tourism, media, education, and logistics ventures. This diversity underscores its capability to navigate and excel in various market dynamics, driven by a commitment to innovation and excellence. The company's sustained success and growth over the past thirty years are attributed to its team of approximately 5,000 employees, whose expertise and dedication have been critical to its achievements. Renowned for its ethical business practices and commitment to high standards, the company has established a solid financial base, earning it a reputation for excellence in the international business community. Its continuous drive for innovation and strategic development has cemented its status as a leader in the global market. Moreover, BALFIN Group is deeply invested in positively impacting society. Its initiatives in economic development, job creation, innovation, and social responsibility go beyond traditional business aims, demonstrating its dedication to achieving commercial success and contributing to community development and well-being. These efforts highlight its holistic approach to business, blending commercial achievements with a commitment to social responsibility. Looking to the future, the company focused on building upon its legacy of strategic expansion, innovative breakthroughs, and impactful community engagement. With a history of significant achievements and a vision of sustainable and progressive business practices, it remains a crucial player in the global business arena, poised for ongoing growth and success.

Komercijalna Banka Skopje

Debt Financing in 2024
Komercijalna Banka AD Skopje is a prominent commercial bank in Macedonia, known for its comprehensive range of banking services. The bank specializes in collecting deposits, providing loans and advances, and facilitating factoring and financing for commercial transactions. It also engages in foreign exchange operations, fast money transfers, and trading in foreign currencies and securities. Additionally, Komercijalna Banka offers custodian services for investment and pension funds, intermediates in insurance policy sales, and conducts data collection and credit rating analysis for companies. With a strong reputation for trust and reliability, the bank serves both domestic and international clients, operating across Europe and other EU member countries.

Elektrani na Severna Makedonija

Debt Financing in 2023
Elektrani na Severna Makedonija is a state-owned electricity producing company in North Macedonia.

Sparkasse Bank Makedonija

Debt Financing in 2022
Sparkasse Bank Makedonija, a member of the Steiermärkische Sparkasse and Erste Group, provides a comprehensive array of banking services for both individuals and businesses. The bank emphasizes high efficiency and reliability, drawing on the extensive international experience of its parent group. Its offerings include e-banking, savings and checking accounts, debit and credit cards, mobile banking, and various loan products. By maintaining a focus on customer service and innovative financial solutions, Sparkasse Bank Makedonija aims to meet the diverse needs of its clients in the region.

Sparkasse Bank Makedonija

Debt Financing in 2020
Sparkasse Bank Makedonija, a member of the Steiermärkische Sparkasse and Erste Group, provides a comprehensive array of banking services for both individuals and businesses. The bank emphasizes high efficiency and reliability, drawing on the extensive international experience of its parent group. Its offerings include e-banking, savings and checking accounts, debit and credit cards, mobile banking, and various loan products. By maintaining a focus on customer service and innovative financial solutions, Sparkasse Bank Makedonija aims to meet the diverse needs of its clients in the region.

ProCredit Bank Macedonia

Debt Financing in 2019
ProCredit Bank Macedonia is a development-oriented commercial bank that provides a wide range of financial services. Its offerings include traditional banking products such as loans, savings accounts, and current accounts, as well as modern solutions like digital banking and e-banking. The bank also issues debit and credit cards, facilitating convenient transactions for its clients. In addition to its banking services, ProCredit Bank Macedonia supports businesses with various financial products tailored to their needs, ensuring accessibility and flexibility for both individual and corporate customers. Through its comprehensive suite of services, the bank aims to foster economic development and improve financial inclusion in the region.
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