Tag "EBRD"

Podravka takes over Fortenova’s food division

Croatia’s Podravka has agreed to acquire the food companies of the Fortenova Group. The deal is subject to approval by the Croatian competition authority and other regional regulators. The buyer...

Read more

Studenac Obtains Loan Worth €40m From EBRD For Expansion

Croatian retailer Studenac has secured a €40-million loan from the European Bank for Reconstruction and Development (EBRD) to support its growth strategy. The funds will be used to acquire additional...

Read more

Podravka signs deal to buy Fortenova food and drink assets

Croatian food business Podravka has struck a deal to buy a clutch of food and drink companies from the local agri-food business Fortenova Group. The total value of the transaction is...

Read more

A Hungarian company also won the EBRD’s entrepreneurial tender

A Hungarian company also won the competition of the European Bank for Reconstruction and Development (EBRD), Smapp Lab together with two foreign companies received the main prize of the competition...

Read more

Minister of Finance: 2 billion euros could go to mitigate the effects of the war

Hungary will also benefit from the resources the European Bank for Reconstruction and Development (EBRD) that would use to mitigate the consequences of the Russian-Ukrainian war in neighboring countries, Varga...

Read more

EBRD: emerging European economies will recover faster than expected

Europe’s emerging economies, including Hungary, are likely to recover from the coronavirus outbreak at a faster pace than previously expected, although the region’s public finance risks have also increased due...

Read more

EBRD: funding for the operating region set a record last year

For the first time since its existence, the European Bank for Reconstruction and Development (EBRD) has provided a record amount of funding in excess of 10 billion euros to its...

Read more

Turkey: EBRD loan for developing Migros

The European Bank for Reconstruction and Development (EBRD) has announced granting an EUR 60-million loan for modernising Migros stores in Turkey. Not only stores will be revamped from this sum,...

Read more

EBRD: Central European EU economies perform better than expected

The European Bank for Reconstruction and Development (EBRD) has improved in its comprehensive autumn prognosis for the forecasts of the growth rates of the central and eastern European economies, including...

Read more

The reduction of bank tax is necessary to the expansion of lending

The government adheres the signed cooperation agreement with the European Bank for Reconstruction and Development (EBRD). According to the recent report of the EBRD, the image of the Hungarian economy...

Read more