Locked content EBRD revises Poland’s GDP growth

The European Bank for Reconstruction and Development has revised Poland’s GDP growth forecast, saying the economy will grow by 3.6 percent in 2016 and 3.4 percent in 2017. The previous EBRD forecast assumed Poland’s GDP would grow by 3.3 percent in 2016. The EBRD explained that the highe...

Locked content EBRD to invest €700 mln in Poland this year

The European Bank for Reconstruction and Development (EBRD) plans to invest up to €700 million  in Poland this year, including a project to help the Warsaw bourse return to growth, Reuters quoted the EBRD local chief. “We’ve already signed deals worth around €200 million this year,”...

Locked content EBRD provides PLN 255 million loan to Raiffeisen-Leasing Polska

Small and medium-sized enterprises (SMEs) in Poland will benefit from a PLN 255 million (€60 million) loan provided by the European Bank for Reconstruction and Development (EBRD) to Raiffeisen-Leasing Polska for on-lending to entrepreneurs who are seeking to reduce their energy costs with new and mo...

Locked content EBRD provides €75 million loan to Bank Zachodni WBK

The European Bank for Reconstruction and Development (EBRD) is going to provide a loan of up to €75 million to Bank Zachodni WBK to finance investments that will improve the energy and resource efficiency of residential buildings in Poland. The funds will be used for sub-loans in the local currency ...

Locked content Skiba: Belka has more than 50% chance of becoming EBRD President

“President of the NBP, Marek Belka has more than a 50 percent chance of becoming the president of the EBRD, ” announced Leszek Skiba, Deputy Minister of Finance and Polish representative in the Council of Governors of the EBRD. According to him, the fact that Belka is supported by German...

Marek Belka may run for head of EBRD

Central Bank chief Marek Belka is considering running for the position of President of the European Bank for Reconstruction and Development (EBRDS) after his term ends, Puls Biznesu reports. The newspaper also adds that his candidacy would be strongly supported by the leaders of the Polish governmen...

Locked content PGE to get PLN 500 mln loan from EBRD

The European Bank for Reconstruction and Development (EBRD) is considering granting a loan of PLN 500 mln to Polish power utility PGE aimed at financing grid enhancement for renewables, EBRD informed. “The EBRD financing will support PGE in implementing grid investments that are critical to co...

Locked content EBRD finances regional expansion of PKP Cargo with €100 loan

Supporting the regional expansion of Poland’s PKP Cargo, the European Bank for Reconstruction and Development (EBRD) is providing the Polish railway freight operator with a €100 million long-term multi-currency loan to finance the acquisition of Advanced World Transport (AWT), a transport and logist...

Locked content EBRD grants loan to PKP Cargo

The European Bank for Reconstruction and Development has signed a deal to grant an investment loan worth €100 million to freight carrier PKP Cargo. The money will be used to implement the company’s new strategy. Under the strategy for 2016-2020, PKP Cargo aims to become a leading freight opera...