European Bank for Reconstruction & Development

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.

Maria Barsuk

Investor

Susan Goeransson

Director, Head of Infrastructure

Zoltan Hopka

Investor

Francis Malige

Managing Director for Financial Institutions

Tamás Nagy

Director, Co-Head Private Equity

Jurgen Rigterink

Vice President / Head of Cllient Services Group

Past deals in Kazakhstan

KMF

Debt Financing in 2022
KMF provides micro finance to micro, small and agribusiness throughout Kazakhstan.

Air Astana

Debt Financing in 2021
Air Astana is a Kazakhstan-based airline company, founded in 2002 and headquartered in Astana. It offers scheduled, point-to-point, and transit air travel services, catering to both short-haul and long-haul routes. The airline operates a diverse fleet of 47 aircraft, providing domestic, intra-regional, and international passenger and cargo transportation across Central Asia, the Caucasus, Europe, the Middle East, and Asia. Air Astana operates primarily as a full-service airline, while its subsidiary, FlyArystan, focuses on low-cost travel options. Together, these segments enable the company to serve a wide range of travel needs for its customers.
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