Tag Archives: EBRD

Turkey to Become EBRD’s Second Biggest Investment Destination

The European Bank for Reconstruction and Development (EBRD) plans to invest 1 billion euros ($1.3 bln) in Turkey next year, predicting demand for finance will grow, especially in the agribusiness and renewable energy sectors. According to Suma Chakrabarti, the bank's president Turkey is set to overtake the Ukraine as its...

Posted on 13 September 2012

EBRD to Open Ankara Office as it Increases Investment in Turkey

The European Bank for Reconstruction and Development has paid another tribute to the investment potential of Turkey. The bank announced yesterday that it will open a new office in the Turkish capital Ankara. The EBRD has invested some 1.8 billion Euros into Turkish projects over the last three years since...

Posted on 31 May 2012

Nabucco Takes Huge Step Forward as 4 Billion Euro Loans Agreed

The Nabucco pipeline has taken a giant step forward this week when representatives from some of Europe's biggest financial institutions signed on the dotted line with regards their financing of the project. For anyone in the dark as to what Nabucco is, it is a huge pipeline project to connect...

Posted on 09 September 2010