EBRD invests 934 million euros in Ukraine in 2012

Jan 12, 2013 12:00 AM

The European Bank for Reconstruction and Development (EBRD) invested in Ukraine's economy USD 1.2 billion within the frames of financing 35 projects.

“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 152 million, 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.

Almost EUR 180 million was allocated for projects in agriculture. One of priority trends of activities is crediting of energy efficiency projects. In 2012, first projects were signed on solar, wind and small hydropower plants in Ukraine, the press release reports.

The EBRD remains the largest financial investor in Ukraine. As of January 1, 2013, the bank undertook to allocated over EUR 8.2 billion (USD 10.7 billion) within the frames of 318 projects.

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