EBRD (Investment Firm)

DenizBank was founded in 1938 as a state-owned bank in order to provide funding for the developing Turkish maritime sector. Acquired by Zorlu Holding from the Privatization Administration as a banking license in early 1997, DenizBank was further acquired in October 2006 by Dexia, a leading financial group in Europe. Continuing its activities under Dexia umbrella for 6 years, DenizBank operates as from 28 September 2012 under the roof of Sberbank of Russia, Russia’s largest bank and a leading global financial institution. Sberbank holds almost one third of aggregate Russian banking sector assets, it is the key lender to the national economy and the biggest deposit taker in Russia. Sberbank has more than 110 million individual customers and 1 million corporate clients in 22 countries.

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.

Credo Bank is a microfinance institution based in Tbilisi, Georgia, that specializes in providing a variety of financial products and services to micro, small, and medium enterprises. Founded in 1997, the bank offers loans, start-up financing, installment plans, credit and debit cards, insurance products, remittances, and deposit accounts for both individuals and businesses. Additionally, it provides payroll services tailored for businesses. Credo Bank emphasizes a healthy working environment and effective business processes, reflecting its core values in everyday operations. The institution was formerly known as JSC Microfinance Organization Credo until it rebranded to its current name in March 2017. It operates as a subsidiary of Access Microfinance Holding AG.

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

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.

Georgia Healthcare Group is the largest provider of healthcare services in Georgia, operating a comprehensive network that includes 18 referral hospitals with nearly 3,000 beds, 19 community clinics, and 296 pharmacies. The company offers a wide range of services, including inpatient and outpatient medical care, diagnostics, and pharmaceuticals. It is also a significant player in the medical insurance market, providing various policies to both corporate and retail clients. With a strong market presence, Georgia Healthcare Group holds approximately 24% of the country's hospital bed capacity and is the leading pharmaceuticals retailer and wholesaler, capturing around 29% of the market share by revenue. Additionally, the company is the second largest provider of medical insurance in Georgia, serving around 110,000 customers. Headquartered in London, the organization has built a vertically integrated network that supports its leadership position in the rapidly growing Georgian healthcare sector.

Craft Docs is a computer software company that specializes in the fields of mobile apps and productivity tools. The company was founded in 2019 and headquartered in Budapest, Hungary.

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 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.

Team Telecom Armenia provides internet, digital TV, and mobile fixed telephony services. Team Telecom Armenia also provides GSM 900/1800, 3G (UMTS) և 4G (LTE) standard mobile connection, fixed telephony, IPTV և OTT digital television services.

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.

Infermedica Sp. z o.o is a digital health company based in Wroclaw, Poland, specializing in artificial intelligence solutions for the healthcare sector. Founded in 2012, the company offers a range of AI-powered tools designed to improve diagnostic accuracy and enhance patient care. Its products include a suite of applications such as HealthLoop, which monitors patient recovery, Healthform for pre-visit health assessments, and Symptomate, a symptom checker that helps users identify potential health conditions before consulting a physician. Infermedica's technologies aim to address issues related to inappropriate medical service use and misdiagnosis, benefiting insurance companies, hospitals, and health systems. The company collaborates with over 50 partners, including major organizations, and has served more than 6 million users globally. Infermedica's commitment to accuracy is underscored by the involvement of physicians who review the medical database, ensuring reliable recommendations. With a growing team and products available in 17 languages, Infermedica is focused on expanding its market presence, particularly in the United States and Europe, supported by recent funding to enhance its technology and outreach.

Ameriabank CJSC is a universal bank offering corporate, investment and retail banking services in a comprehensive package of banking solutions. They carve out paths for improvement of your business and lifestyle, via both traditional and alternative, hyper-advanced banking technologies.

EximBank is a commercial bank offering quality services for the corporate segment as well as the retail segment.

Scandagra Group is the holding company that was established in 2006, with the ambition to better utilize and create synergies, know-how, and competencies across both geographical, and ownership scopes in the Baltic region. Through joint procurement and sales of agricultural production input and output, the objective is for each subsidiary to grow in competitiveness in its domestic market.

Euro Manganese Inc. engages in the evaluation, exploration, and development of mineral assets in the Czech Republic. Its principal property is the 100% owned Chvaletice manganese project located to the east of Prague, the Czech Republic, which is involved in the re-processing of a leachable manganese deposit for the production of high-purity electrolytic manganese metal and high-purity manganese sulphate monohydrate, as well as other high-purity manganese products. Euro Manganese Inc. was incorporated in 2014 and is based in Vancouver, Canada.

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

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.

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

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.

Mobiasbanca - OTP Group S.A. is a banking institution based in Chisinau, Moldova, providing a wide range of financial products and services to individuals, businesses, and corporate clients. Its offerings include current and savings accounts, term deposits, various types of loans such as consumer, mortgage, and micro loans, as well as credit and debit cards. The bank also facilitates banking guarantees, leasing services, and trade finance solutions, alongside cash management and foreign exchange services. Additionally, Mobiasbanca provides insurance products covering accidents, properties, and motor vehicles, and offers remote banking services including internet and SMS banking. With a network of 51 branches, including universal and specialized locations, the bank has been operational since 1990 and serves as a subsidiary of OTP Bank Nyrt.

Kokhavynska Paper Factory is a producer of recycled base paper and tissue.

Rohlik is an innovative grocery delivery startup that offers a 90-minute same-day delivery service. Since its inception, Rohlik has been growing and is on track to EUR 300 mil. revenues in 2020. Rohlík is an online supermarket that delivers food and service to allow its customers to eat and live better.

BC Moldova Agroindbank SA provides various banking products and services to the individuals, legal entities, corporate, and private customers in Moldova. The company offers business cards; loans, including agriculture loans, micro-enterprises, small enterprises, microcredit, factoring, and credit restart; bancassurance; deposits; e-services; capital market services; and investment services. Further, it engages in the leasing and forex operation activities. BC Moldova Agroindbank SA was founded in 1991 and is based in Chisinau, Moldova.

NOVUS professed philosophy of fresh, healthy and tasty products.

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.

Trafi is the most technologically advanced platform for mobility solutions, powering the world’s leading companies and cities. The technology suite is tailor-made to operate mobility services. From white label MaaS solutions to deep analytics, we enable our partners to become the driving forces of urban mobility. Founded in 2007 with offices in Berlin, Vilnius and London, Trafi is proud to count companies like Lyft, Google, Apple, Volkswagen, Skoda, and cities including Berlin, Jakarta, and Rio de Janeiro amongst our clients.

Infermedica Sp. z o.o is a digital health company based in Wroclaw, Poland, specializing in artificial intelligence solutions for the healthcare sector. Founded in 2012, the company offers a range of AI-powered tools designed to improve diagnostic accuracy and enhance patient care. Its products include a suite of applications such as HealthLoop, which monitors patient recovery, Healthform for pre-visit health assessments, and Symptomate, a symptom checker that helps users identify potential health conditions before consulting a physician. Infermedica's technologies aim to address issues related to inappropriate medical service use and misdiagnosis, benefiting insurance companies, hospitals, and health systems. The company collaborates with over 50 partners, including major organizations, and has served more than 6 million users globally. Infermedica's commitment to accuracy is underscored by the involvement of physicians who review the medical database, ensuring reliable recommendations. With a growing team and products available in 17 languages, Infermedica is focused on expanding its market presence, particularly in the United States and Europe, supported by recent funding to enhance its technology and outreach.

Mobiasbanca - OTP Group S.A. is a banking institution based in Chisinau, Moldova, providing a wide range of financial products and services to individuals, businesses, and corporate clients. Its offerings include current and savings accounts, term deposits, various types of loans such as consumer, mortgage, and micro loans, as well as credit and debit cards. The bank also facilitates banking guarantees, leasing services, and trade finance solutions, alongside cash management and foreign exchange services. Additionally, Mobiasbanca provides insurance products covering accidents, properties, and motor vehicles, and offers remote banking services including internet and SMS banking. With a network of 51 branches, including universal and specialized locations, the bank has been operational since 1990 and serves as a subsidiary of OTP Bank Nyrt.

Lantmännen Axa are producer of breakfast cereals in Ukraine that is owned by Sweden’s agribusiness cooperative, Lantmännen.

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.

Panda theme is a modern, clean and professional Prestashop theme, it comes with a lot of useful features. Panda theme is fully responsive, it looks stunning on all types of screens and devices.

Procredit Bank Macedonia is a development-oriented commercial bank.

SolarGaps, based in Kyiv, Ukraine, specializes in smart solar blinds that integrate photovoltaic panels to generate electricity. These innovative blinds automatically track the sun's movement, allowing users to produce their own electricity, which can be used to power home devices and reduce electricity bills. Additionally, SolarGaps provides the option to store generated energy in a home battery system for use during emergencies. The blinds also contribute to interior cooling, enhancing energy efficiency. Users can conveniently monitor and control their SolarGaps through a smartphone app, enabling management of energy production from anywhere.

Dniprovska Agri Group is a poultry producer in Ukraine.

Zabka Polska sp. z o.o. is a prominent operator and franchisor of a network of convenience and deli-type stores throughout Poland. Established in 2000 and based in Poznan, the company provides a diverse selection of products, including cold cuts, dairy items, sweets, beers, and salty snacks, along with a variety of convenience foods such as chilled ready-to-eat meals and fresh sandwiches. Beyond retail offerings, Zabka Polska also provides additional services, allowing customers to pay bills, recharge phone credits, and engage with the Polish State Lottery. This focus on convenience and accessibility has positioned Zabka Polska as a key player in the everyday grocery market in Poland.

Trafi is the most technologically advanced platform for mobility solutions, powering the world’s leading companies and cities. The technology suite is tailor-made to operate mobility services. From white label MaaS solutions to deep analytics, we enable our partners to become the driving forces of urban mobility. Founded in 2007 with offices in Berlin, Vilnius and London, Trafi is proud to count companies like Lyft, Google, Apple, Volkswagen, Skoda, and cities including Berlin, Jakarta, and Rio de Janeiro amongst our clients.

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" 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.

We want patients to find the perfect doctor and book an appointment in the most easy way. The patient journey should be enjoyable, and that's why we are always next to them: to help them find the best possible care. Anytime, anywhere. We also help doctors to better manage their practice and build their online reputation. With our integrated end-to-end solution, doctors are able not only to improve their online presence, but also to devote their time to what really matters: their patients.

Depositphotos, Inc. is an online platform that connects creators of licensed stock photos, graphics, vectors, and videos with buyers. Established in 2009 and headquartered in New York, the company has additional offices in Warsaw, Moscow, Kiev, and Milan. It offers a vast library of premium, high-quality stock images, illustrations, and videos, which are updated daily through rigorous contributor uploads to ensure quality and originality. The marketplace allows customers, including designers, advertisers, publishers, and bloggers, to access royalty-free content through flexible purchasing options such as pay-as-you-go and subscription plans. This approach positions Depositphotos as a convenient and cost-effective resource for fulfilling various creative needs across the United States and internationally.

PKP Energetyka is a Warsaw-based company that specializes in the supply, transmission, and distribution of electricity, primarily serving the Polish railway network along with industrial, residential, and commercial customers. The company engages in the trade of electric power and provides maintenance and emergency response services for the railway sector. Additionally, PKP Energetyka operates fuel stations for diesel locomotives and offers gas reselling services. Its capabilities extend to the installation and servicing of power grids and electrical equipment, as well as the production of components for power engineering. Further, the company is involved in the construction, modernization, and maintenance of electrical systems, providing expertise in the supervision of work in the power sector. Founded in 2001, PKP Energetyka plays a crucial role in Poland's energy infrastructure.

“Eco Baltia grupa” is the largest environment management group in the Baltics in terms of net sales, the company provides full cycle of waste management starting with collection and sorting up to logistics, wholesale and processing of recycled materials. “Eco Baltia grupa” environment management companies are successful household waste, construction waste and separated household waste, as well as other environment service providers to private individuals and companies. The Group includes environment management, collection of recycled materials and used packaging processing companies: “Latvijas Zaļais punkts”, “Eco Baltia vide”, “Eko Kurzeme”, “Jumis”, “Pet Baltija”, “Eko Pet”, “Nordic Plast”, “Eko Reverss” and “Tehhe”. The Group services more than 45,000 clients in Latvia and abroad. The Group companies are leading in their line of operations and large taxpayers in the cities and regions where they operate. “Eco Baltia grupa” is a responsible and stable employer that cares for the welfare, professional development and labour safety of its 600 employees. Vision: The most advanced waste regeneration company in Central and Eastern Europe. Mission: To find a value in each and every thing. Values: • Determination • Creativity / creative approach • Owner’s attitude / responsibility • Ability to see and use opportunities • Courage and initative

Trafi is the most technologically advanced platform for mobility solutions, powering the world’s leading companies and cities. The technology suite is tailor-made to operate mobility services. From white label MaaS solutions to deep analytics, we enable our partners to become the driving forces of urban mobility. Founded in 2007 with offices in Berlin, Vilnius and London, Trafi is proud to count companies like Lyft, Google, Apple, Volkswagen, Skoda, and cities including Berlin, Jakarta, and Rio de Janeiro amongst our clients.

We want patients to find the perfect doctor and book an appointment in the most easy way. The patient journey should be enjoyable, and that's why we are always next to them: to help them find the best possible care. Anytime, anywhere. We also help doctors to better manage their practice and build their online reputation. With our integrated end-to-end solution, doctors are able not only to improve their online presence, but also to devote their time to what really matters: their patients.

Grupa Wirtualna Polska S.A. owns and operates Internet portals. The company operates websites for e-commerce, video broadcasting, browsing on mobile devices, content portals, and email websites.

Webinar.ru is an online service based in the Russian Federation that enables businesses to conduct virtual events such as seminars, workshops, and conferences. The platform offers a range of features, including video and teleconferencing, presentation sharing, document display, and live surveys, allowing participants to engage in real-time. With the capacity to host events for groups ranging from a few individuals to several thousand, Webinar.ru facilitates marketing, training, sales, and collaboration efforts across diverse sectors. By providing a comprehensive solution for online meetings, the platform supports businesses in enhancing communication and reaching a global audience effectively.

Cotton Way is the leader of the Russian market of services for leasing and professional processing of textiles. The long experience of our company in the processing of textiles, the largest network of industrial laundries and dry cleaners, modern European equipment, effective detergents and highly qualified personnel guarantee the unsurpassed quality of the services provided. The company offers a comprehensive service, which includes the purchase of property, its processing and delivery directly to the customer. The possibility of renting the necessary textiles allows the client to concentrate on the main type of activity.

MAYKOR is the largest group of companies in the Russian service and outsourcing market, and a specialized provider of integrated maintenance services for IT equipment, building utility systems and business applications. MAYKOR’s mission is to provide effective infrastructure maintenance and development services for large and medium-sized businesses country-wide. The MAYKOR Group unites such companies as NST, CRT Service, Expertek and BetterFly Services that have been on the IT market for more than 13 years. With our own nationwide network of 83 branches and 400 local offices, MAYKOR is an one-stop-shop service provider. The company employs more than 3000 certified engineers. The MAYKOR's customer base is comprised of more than 950 businesses, including the largest geographically distributed companies from all industries. MAYKOR has a unique competence center, advanced specialized training programs for technical personnel, a developed logistics infrastructure, an automated service tracking and control system, as well as an ISO-compliant quality management system.

KupiVIP is a prominent Russian online fashion retailer that specializes in offering discounted fashion and home goods from both high-street and luxury brands. Established in 2008 by Vladimir Kholyaznikov, Mikhail Konoplev, and Oskar Hartmann, the company has rapidly gained popularity, amassing a customer base of 6 million. Operating from its headquarters in Moscow, KupiVIP conducts up to 20 private online flash sales daily, providing consumers with access to exclusive deals on a wide range of products.

KDL Test, LLC provides laboratory diagnostic services. The company operates five regional labs in Perm, Omsk, Kazan, Krasnodar, Astrakhan, and 60 blood collection points. The company was founded in 2003 and is based in Moscow, Russian Federation.

The company "Russian Towers" is an independent owner of antenna mast structures in the territory of Russia.The company provides services on sharing telecommunication infrastructure, i.e. invests in the own construction of tower structures of different designs in the regions of Russia as well as acquires towers with the purpose of their subsequent high quality maintenance.Sharing infrastructure involves significant financial and operational savings, allowing to avoid performing repeated works and bearing extra costs. This gives sites’ tenants an opportunity to focus on the most profitable areas of business and become more competitive.The company "Russian Towers" was founded by professionals acting in the area of telecommunications with the financial support of UFG Asset Management, the European Bank for Reconstruction and Development (EBRD), Macquarie Renaissance Infrastructure Fund, ADM Capital and Sumitomo Corporation.The company "Russian Towers" is a reliable and long-term partner for the operators of mobile and fixed radio communication as well as television, providing effective solutions for the networks development.

CallPoint New Europe EAD is a business process outsourcing company.

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

Enforta Limited is a provider of fixed wireless Internet access solutions tailored for businesses in Russia. Founded in 2003 and headquartered in Moscow, the company offers a range of services, including fast wireless Internet, corporate networking, and virtual private networks (IP VPN) to connect multiple locations securely. Enforta also provides telephony solutions, video surveillance for remote monitoring, and virtual office communication systems that eliminate the need for physical equipment. With over 7,000 clients across 18 cities, the company aims to enhance communication and connectivity for its customers, using technologies such as WiMAX. Enforta's service packages, which encompass both voice and data solutions, are competitively priced, starting at $20 per month. As of October 2015, Enforta operates as a subsidiary of CJSC ER-Telecom Holding.

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.