EBRD to continue to support Serbia

The European Bank for Reconstruction and Development (EBRD) plans to invest about EUR 500mn in projects in Serbia this year. EBRD Director for Serbia Hildegard Gacek said that these funds will be used for infrastructure, energy, energy efficiency and agriculture projects, and to support Serbian companies. EBRD to continue to support Serbia Gacek said at the EBRD General Assembly conference in Zagreb on Saturday that the EBRD signed an agreement with Serbia at the beginning of this year for credit worth EUR 200mn. She said that the plan is to top the record for financing given to Serbia by the EBRD this year. The record amount was EUR 425mn, given in 2009 to Serbia. “We are negotiating the investment of EUR 80mn in improving energy efficiency in small and medium-sized companies, a EUR 100mn credit for the railways, and credit for companies worth EUR 50-100mn,” Gacek said. Regional prime ministers at the EBRD General Assembly conference in Zagreb (Beta)

EBRD to continue to support Serbia

Gacek said at the EBRD General Assembly conference in Zagreb on Saturday that the EBRD signed an agreement with Serbia at the beginning of this year for credit worth EUR 200mn.

She said that the plan is to top the record for financing given to Serbia by the EBRD this year. The record amount was EUR 425mn, given in 2009 to Serbia.

“We are negotiating the investment of EUR 80mn in improving energy efficiency in small and medium-sized companies, a EUR 100mn credit for the railways, and credit for companies worth EUR 50-100mn,” Gacek said.