EBRD channels EUR 934mn in Ukraine's economy in 2012.

By bne IntelliNews January 14, 2013
The European Bank for Reconstruction and Development (EBRD) has channeled EUR 934mn in Ukraine's economy within the frames of financing 35 projects, down by 8.4% y/y. Out of these funds, 71% fell on private companies, 29% - on projects in the state sector. Investments were made in different sectors, from the real estate sector to coal refuse processing, the EBRD informs. The largest bank's project in Ukraine last year was a credit to the Dnipropetrovsk Metropoliten under the state guarantee to the amount of EUR 152mn, as well as a complex program started for modernization of central heat supply, water supply and sewerage systems. Also, crediting of key clients in the transport sector continues, such as Ukrzaliznytsia, Ukraerorukh and private transport companies - Ukrainian new traffic company and Pivdenreftransflot. Moreover, around EUR 180mn was allocated for projects in agriculture. The EBRD is the largest financial investor in Ukraine. As of January 1, 2013, the bank undertook allocated over EUR 8.2bn within the frames of 318 projects.

Related Articles

Metro Ukraine raises sales by 11% y/y to EUR 877mn in 2012.

In 2012, Metro Cash&Carry Ukraine, which is a retail division of the Metro Group (Germany), raised sales by 10.9% y/y to EUR 877mn, the company said. The company opened two new wholesale ... more

NBU: Gross external debt of Ukraine up 2% q/q in Q4/2012

The Naftogaz Ukrainy has repaid UAH 2.4bn worth of loans so far in 2013. The company was able to repay this amount of loans because of economy of natural gas in all areas of its operation, ... more

EC makes new recommendations for Ukraine.

The European Commission recommends Ukraine to focus on meeting its commitments under the association agenda, reads the ENP Country Progress Report 2012 - Ukraine released on Wednesday. In ... more