EBRD (Investment Firm)

The European Bank for Reconstruction and Development (EBRD) is an investment firm established in 1991 to support the development of market economies and democracies in Central and Eastern Europe and Central Asia. As the largest single investor in the region, the EBRD focuses on private enterprises, investing primarily in minority equity positions and participating in private equity funds that target medium-sized companies seeking expansion. The firm mobilizes significant foreign direct investment and provides project financing for a variety of sectors, including banking, industry, and municipal services. It collaborates with publicly owned companies to facilitate privatization and restructuring efforts. The EBRD operates in countries committed to democratic principles and emphasizes strong corporate governance and environmental respect in all its investments. With a portfolio exceeding €130 billion across over 5,200 projects, the EBRD has also extended its financing initiatives to the Middle East and Africa, leveraging its expertise to foster economic growth and transformation.

Sue Barrett

Director, Head of Infra TMEA, SIG

Harry Boyd-Carpenter

Director, Head of Energy EMEA

Suma Chakrabarti

President

Alistair Clark

Managing Director, Environment and Sustainability Department

Hassan El-Khatib

Managing Director, Equity

Anne Fossemalle

Director, Equity Funds

Susan Goeransson

Director and Head of Infrastructure

Remy Hassendorfer

Senior Banker - Corporate Equity/ Principal Investment

Janet Heckman

Managing Director for the southern and eastern Mediterranean region

Natalia Khanjenkova

Managing Director for Central Asia and Russia

Francis Malige

Managing Director, Eastern Europe and the Caucasus

Jean-Patrick Marquet

Managing Director, Turkey

Tamas Nagy

Director, Co-head Private Equity

Douglas Nevison

EBRD Board Director

Nandita Parshad

Managing Director, Sustainable Infrastructure

Matteo Patrone

Director and Regional Head Romania and Bulgaria

Claudia Pendred

Director, Property and Tourism

Eric Rasmussen

Director, Head of Natural Resources

Kanako Sekine

Managing Director, Portfolio

Andras Simor

Senior Vice President, Chief Financial Officer and Chief Operating Officer

Josué Tanaka

Managing Director, Operational Strategy and Planning, Energy Efficiency and Climate Change

Nick Tesseyman

Managing Director, Financial Institutions

Christopher Upton-Hansen

Associate, Private Equity Funds

Ilker Yoney

Director, Co-head Private Equity

Past deals in Balkans

Türk Ekonomi Bankası

Debt Financing in 2023
Turk Ekonomi Bankasi (Turkish Economy Bank), abbreviated TEB, was founded in 1927 by private capital holders as a regional bank under the name of Kocaeli Bankasi T.A.S. in Izmit, Turkey. In 1981, the Bank was purchased by a group who changed the name of the Bank to Türk Ekonomi Bankası in 1982. The Bank has been reputed for its successful management and cautiousness since, being active in commercial and private banking. In March 2005, TEB has signed a joint venture agreement with the French BNP Paribas SA, one of the largest financial associations in the world. TEB is aggressively expanding its retail network in Turkey since and has more than 240 branches as of 2Q 2007. Mr. Varol Civil is the CEO of the bank. TEB has also two other subsidiaries outside Turkey. TEB NV (The Economy Bank) in the Netherlands, and TEB Sh.A. in Kosovo.

Raiffeisen Bank Croatia

Debt Financing in 2023
Raiffeisen Bank Croatia is a financial organisation that provides banking facilities to individuals and corporations.

HTEC Group

Debt Financing in 2022
HTEC Group is a technology consulting and engineering services company based in San Francisco, with additional offices in Serbia, Scandinavia, and the UK. The company specializes in providing integrated solutions that encompass product development, hardware engineering, data science, artificial intelligence, and cloud platforms. HTEC collaborates with a diverse range of clients, from established corporations to innovative startups, to facilitate digital transformation and enhance operational efficiency. Their services include product discovery, technology advisory, and support for modernizing legacy systems, aimed at helping businesses adapt to evolving market demands. HTEC's engineering expertise spans various sectors, including medical, transportation, real estate, retail, and energy management, contributing to the development of impactful products used globally.
OTE Group is the largest technology company in Greece. It is one of the top three listed companies with respect to capitalization, in the Athens Stock Exchange and is also listed in the London Stock Exchange. Deutsche Telekom holds 45% of OTE’s share capital and the Greek State holds 5%. OTE Group employs approximately 13,000 people in Greece and approximately 20,000 people in total. OTE Group offers the full range of telecommunications services: from fixed-line and mobile telephony, broadband services, to pay television and integrated ICT solutions. In addition to its core telecommunications activities, the Group in Greece is also involved in maritime communications, real-estate and professional training. Abroad, the Group operates in the telecommunications market of Romania, where it offers fixed-line and mobile communications, as well as television services. COSMOTE is the unified commercial brand for all the products and services of the Group and its key message is “a better world, for all”. Its mission is to bring technological capabilities to all, so that everyone can live and enjoy at the fullest all possibilities offered now, while also building on them for a better tomorrow.

Mi-Bospo

Debt Financing in 2022
Mi-Bospo is a microfinance institution based in Tuzla in north-eastern Bosnia and Herzegovina. They provide superior financial services to clients, especially women because we believe that an empowered woman is a pillar of the family and society.

Lovcen Banka

Debt Financing in 2022
Lovcen Banka AD is a financial institution based in Podgorica, Montenegro, providing a range of banking products and services to both retail and corporate clients. Established in 2011 and formerly known as MFI Kontakt, the bank offers various services including loans, savings accounts, payment cards, and e-banking solutions. It also engages in wealth management and investment services, catering to diverse financial needs. In addition to its headquarters, Lovcen Banka has multiple branches located in cities such as Kotor, Budva, Herceg Novi, Cetinje, Nikšic, Bar, Ulcinj, Mojkovac, Petnjica, Tivat, and Rožaje, thereby enhancing its accessibility to customers throughout the region.

KEP Trust

Debt Financing in 2021
KEP Trust is the largest local micro-finance institution in Kosovo, which serves its clients with a wide range of financial products.

Erste Bank ad Novi Sad

Debt Financing in 2021
Erste Bank a.d. Novi Sad provides various banking products and services in the Republic of Serbia. The company operates through Retail, Small and Medium Enterprises, Commercial Project Financing, Large Corporate Clients, and Financial Markets segments. It offers current and savings accounts; and loans, which include housing, cash, refinancing, and energy efficiency loans, as well as project financing and overdraft facility. The company also provides credit cards; life, property, travel, and comprehensive insurances; financial leasing; and standing orders, retail safe boxes, electronic money transfers, and guarantee operations services. In addition, the company invests in real estate properties; develops and constructs properties and property complexes; offers asset management and construction services; and provides various capital market services, such as market creation, short-term liquidity management, custody operations, commercial operations, and other activities. It operates a network of 7 business centers, 46 branches, 9 sub-branches, and 4 counters in Serbia. The company was formerly known as Novosadska banka a.d., Novi Sad and changed its name to Erste Bank a.d. Novi Sad in December 2005. The company was founded in 1989 and is headquartered in Novi Sad, Serbia. Erste Bank a.d. Novi Sad is a subsidiary of EGB CEPS Holding GMBH.

Banka per Biznes

Debt Financing in 2021
BPB was licensed on 29 March 2001 by the Central Banking Authority of Kosovo (CBAK), being the third licensed bank in Kosovo. BPB has mostly domestic capital, distinguished for its flexibility, efficiency and customer care.

OSHEE

Debt Financing in 2021
OSHEE is the state-owned enterprise in the sector in Albania that manages and operates the country’s power distribution network.

Viva Wallet

Venture Round in 2021
Viva Wallet provides innovative acquiring and issuing services to businesses of any size, based on their individual needs. The company was founded in 2010 and has presence in the UK, Belgium, Romania, Greece, Cyprus. It is an entirely cloud-based licensed e-money institution for the provision of payment services in the EEA-31 countries and Principal Member of MasterCard and Visa for issuing and acquiring and a partner to leading global companies, such as Microsoft, Alipay, and PAX.

HTEC Group

Debt Financing in 2020
HTEC Group is a technology consulting and engineering services company based in San Francisco, with additional offices in Serbia, Scandinavia, and the UK. The company specializes in providing integrated solutions that encompass product development, hardware engineering, data science, artificial intelligence, and cloud platforms. HTEC collaborates with a diverse range of clients, from established corporations to innovative startups, to facilitate digital transformation and enhance operational efficiency. Their services include product discovery, technology advisory, and support for modernizing legacy systems, aimed at helping businesses adapt to evolving market demands. HTEC's engineering expertise spans various sectors, including medical, transportation, real estate, retail, and energy management, contributing to the development of impactful products used globally.

Erste Bank Sparkasse

Debt Financing in 2020
Sparkasse Bank Makedonija as a part of the Steiermärkische Sparkasse and Erste Group offers a full range of banking services for companies and private individuals, striving to ensure high efficiency and reliability to the clients, utilizing the broad international experience of the Group.

Procredit Bank Macedonia

Debt Financing in 2019
Procredit Bank Macedonia is a development-oriented commercial bank.

GoOpti

Series A in 2016
GoOpti is a Slovenian based transport as a service company , well known for its low-cost shuttle service to airports and cities in Slovenija, Italy, Austria, Croatia and Germany. GOpti combines passengers with similar travel time limits in the same vehicle at a very affordable price. GoOpti currently operates in 5 countries with plans to expand further internationally. The GoOpti tagline 'Airport at your doorstep'' refers to its highly popular door-to-door transfers. GoOpti success has resulted in transporting over 700,000 passengers.

Vitaminka

Debt Financing in 2016
"Vitaminka" is fully privatized company, a process completed in 1999. The dominant package of shares is held by small group of employees of the company. Shares concentration process continues.The world increasingly recognizes us by our slogan "The World of Tastes", the production program with a broad range of tastes (sweet and salty, and sour and hot), appetizers and after meal product programs, food seasonings, desserts, snack products, production program for all ages, and our basic strategy is to continue spreading more and confirm all this in wider group of customers throughout the world."Vitaminka" has no separate groups of products specially designed for domestic and for foreign markets. The production quality is equal regardless of the target market.

CallPoint New Europe EAD

Series A in 2011
CallPoint New Europe EAD is a business process outsourcing company.

S.C. Pehart Tec

Funding Round in 2009
S.C. Pehart Tec S.A. manufactures tissue paper. The company was founded in 2005 and is based in Târgoviste, Romania.

Mi-Bospo

Debt Financing in 2007
Mi-Bospo is a microfinance institution based in Tuzla in north-eastern Bosnia and Herzegovina. They provide superior financial services to clients, especially women because we believe that an empowered woman is a pillar of the family and society.