The EBRD provided 709 million Euro of investments in Romania last year, as part of a record 13.1 billion Euro at reported rates delivered across the Bank’s regions in 2022.

This was the highest level of EBRD investment in Romania in more than a decade, the second highest level ever achieved, and substantially above the EBRD’s 2021 figure of 546 million Euro. Cumulative EBRD investments in Romania have now topped the 10 billion Euro mark.

The previous record for EBRD Romanian investments, in 2009, was 720 million Euro.

The 2022 figures were achieved in the face of a challenging global economic environment in the wake of Russia’s war on Ukraine – confirming the EBRD’s consistent role in support to its countries of operations and clients.

Of total investments in Romania, green economy investments added up to €436 million – 61 per cent of the total.

The EBRD’s business volume in Romania this year was mainly attributable to the private sector, with 75 per cent of investments supporting private entities.

Romania’s active portfolio amounts more than 2.5 billion Euro which, together with annual investment volumes, places the country as one of the top countries in which the EBRD operates.

Overall, EBRD green economy financing reached 50 per cent of total business volume in 2022, meeting the Bank’s pledge to make at least half its financing green by 2025 for the second year running. A leader in climate finance, the EBRD announced in December that it had fulfilled a second pledge to align all its activities with the goals of the Paris Agreement on limiting climate change.