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Tag Archives: EBRD

Rustavi Nitrogen Will get 155 Million From EBRD

Rustavi Nitrogen Will get 155 Million From EBRD

One year negotiations held between European Bank for Reconstruction and Development (EBRD) and Rustavi Nitrogen has come to an end. The sides have achieved an agreement, that works on the contract between biggest chemical company and European Bank will be finished within 2 months. Partnership Fund has supported finishing of …

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EBRD to Finance Tbilisi Bus Fleet Renovation Program

EBRD

Georgian Finance Minister Nodar Khaduri has met with Francis Mallige, the managing director of the European Bank for Reconstruction and Development (EBRD) and Bruno Balvanera, director for the Caucasus, Moldova and Belarus representations. At the meeting the parties discussed the ongoing projects in Georgia and future cooperation perspectives. Georgia is …

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EBRD Discusses Funding of Solid Waste Collection Project in Georgia

EBRD Discusses Funding of Solid Waste Collection Project in Georgia

European Bank for Reconstruction and Development (EBRD) discusses allocating a 10 million EUR loan for Georgia for the development of a Solid Waste Collection Project. According to EBRD, international donors will allocate additional 5 million Euros. The project will fund acquisition of waste collection vehicles, containers and other necessary inventory. …

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EBRD Allocates €100 for the development of Green Cities

Green Georgia

The EBRD is considering engagement in the development of “Green Cities” in Georgia. The proposed Framework consists of a facility of up to EUR 100 million to support municipal investments related to “Green Cities The total project cost is estimated at up to EUR 130 million including co-financing provided by …

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Davos’16: PM Meets with President of the EBRD Suma Chakrabarti

Davos'16: The Prime Minister of Georgia Met President of the European Bank for Reconstruction and Development (the EBRD) Suma Chakrabarti

The EBRD will continue close cooperation with Georgia in the future. The volume of investment and financial aid will be increased in 2016 – respective information was provided by the President of the European Bank of Reconstruction and Develompent, Suma Chakrabarti to Giorgi Kvirikashvili. Their meeting took place within the …

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EBRD Allocates €2.2 million in Kobuleti Water Supply Project

Bruno Balavera

The Minister of Finance Nodar Khaduri and EBRD Director for the Caucasus, Moldova and Belarus Bruno Balvanera signed an agreement to implement the Kobuleti Water Project. EBRD will allocate €2.2 million financial resource which will aim at financing Kobuleti sewage waste water cleaning activities. Kobuleti Water project aims at building waste water …

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EBRD Allocated €10 mln to Healthy Water

Nabeghlavi

EBRD opened credit line to “Healthy Water, which bottles Nabeghlavi carbonated and Bakhmaro spring water brands. The company is a subsidiary of JSC Margebeli, a vertically integrated food and beverage group. The support from the EBRD included an energy audit, which helped the company to identify and prioritise innovative energy …

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Making The Most of The DCFTA For Georgia, Ukraine And Moldova

Making The Most of The DCFTA For Georgia, Ukraine And Moldova

Interview with Nino Samvelidze, Manager of the Project, EU Programs Manager at PMCG. International development consulting company PMCG recently organized a knowledge sharing conference in Chisinau, Moldova Making the Most of the DCFTA. The event was supported by International Visegrad Fund and aimed to assist Moldavan and Georgian businesses, entrepreneurs …

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Prime Minister of Georgia Chairs First Meeting of Investors Council

The newly established Georgian Investors Council has held its first meeting, chaired by Prime Minister Irakli Garibashvili, in Tbilisi. Government officials, representatives of local business associations and International Financial Institutions (IFIs) discussed key challenges affecting the business climate in Georgia and how to further support the development of the private …

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“We Are Stuck In Transition” — Bruno Balvanera on the New Doing Business Report

“The new Doing Business ranking was released yesterday at 7 o’clock in the evening London time,” Bruno Balvanera, EBRD’s Regional Director for Caucasus, Moldova, Belorussia, said at the UNDP Sub-Regional Conference on Employment held in Tbilisi today.  Doing Business 2016: Measuring Regulatory Quality and Efficiency is the World Bank’s 13th annual report …

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