European Bank for Reconstruction and Development

The European Bank for Reconstruction and Development has invested 30.8 million Turkish lira ($5.2 million) in lira-denominated bonds of a top Turkish supermarket chains, Migros.

"The new Turkish lira-denominated bond will be listed on Borsa Istanbul and its proceeds will reduce the company's foreign currency exposure," the bank announced on Dec. 23.

The European Bank for Reconstruction and Development (EBRD) provided €10 million ($11 million) loan to a Turkish seed company to expand its operations and automate R &D.

The European Bank for Reconstruction and Development (EBRD) provided Turkey's electricity company Enerjisa Enerji with a financing package worth $100 million in Turkish lira equivalent, the bank announced late on Dec. 19.

Glass maker Şişecam has announced that it decided to buy back some of the Paşabahçe shares it sold in 2014 to the European Bank for Reconstruction and Development (EBRD).

The European Bank for Reconstruction and Development (EBRD) has improved its estimates of Romania's economy in 2019 and maintained its 2020 GDP forecast, according to a press statement released on Wednesday by the bank. According to the latest EBRD forecasts, Romania's economy is expected to grow 4pct this year, up from its previous estimates of May 2019's 3.2pct.

The European Bank for Reconstruction and Development (EBRD) on Nov. 1 announced plans to certify Turkish pine honey at the EU level, aiming to increase the efficiency, sustainability and inclusiveness of Turkey's honey sector.

The European Bank for Reconstruction and Development Bank (EBRD) is preparing to introduce a new energy efficiency finance model for Turkey's public sector that will fund energy performance companies (EPCs) who will collaborate for energy savings with the public institutions, Turkey's deputy head at the EBRD told Anadolu Agency on Sept. 27.

The European Bank for Reconstruction and Development (EBRD) and a Turkish organic farming company have signed a €16 million (nearly $18 million) financing deal to help take the firm to the next level.     

With its geographical location, diverse economy and large market, Turkey offers immense opportunities for investors, and the European Bank for Reconstruction and Development (EBRD) has been in the country with a long-term commitment, Suma Chakrabarti, president of the development bank, told Hürriyet.

After decades of failed efforts, the Piraeus Tower - formerly the Piraeus Shipping Center - finally appears destined for utilization.