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EBRD invested over 500 million Euro in Romania in 2017

The European Bank for Reconstruction and Development (EBRD) invested over 500 million Euro in Romania last year.

2018-01-30 13:01:27

The bank supported 29 projects with 546 million Euro of debt and equity investments, 93 per cent of which went to the private sector.

Last year's investment was close to the seven-year high mark of 612 million Euro, provided in 2012. Equity investment reached an all-time record of 122 million Euro in nine deals, according to Romania-Insider.

In 2017, the EBRD financed greenfield investments such as a recycling facility for industrial oil waste and a new plant for soft alloys. The bank also financed the expansion of a local pharmaceutical retail chain and a real estate development for logistics in the outskirts of Bucharest.

The 2017 results bring total EBRD investment in Romania to 7.8 billion Euro, and the number of projects in the country to 415 at the end of the year.



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