OREANDA-NEWS. January 19, 2015. These figures are indicated in the EBRD 2013 investment report, made public recently. According to the report, EBRD’s total support to the countries the Bank operates in has increased to EUR 8.9 billion in 2014 from EUR 8.5 billion in 2013.

The EBRD reduced investment from EUR 1.82 billion to EUR 608 million in Russia and increased it from EUR 798 million to EUR 1.21 billion in Ukraine and from EUR 508 million to EUR 592 million in Romania. In 2014, Turkey was the country that benefited most from the EBRD support, receiving EUR 1.4 billion against EUR 920 million it was provided with in 2013. Let’s remind that in 2014 the purchase of locomotives and restructuring of railway infrastructure was the largest project EBRD supported in our country, committing to providing Moldova with a EUR 52.5 million loan for this purpose.

Besides, EBRD continued backing projects for the municipality of Balti and Moldova’s other northern regions. In particular, in 2014 the Bank approved a EUR 10 million loan to develop water supply facilities of the northern parts of Moldova, including Balti, as well as a loan worth EUR 7 million to modernizing Balti’s heating station Nord. EBRD‘s assistance to Moldova also included, among other things, a USD 25 million loan for Trans-Oil Group to expand its agricultural activities in our country; a USD 10 million loan to Mobiasbanca - Groupe Societe Generale and USD 5 million expressed in the national currency to support the expansion of Moldova’s food retailer Unimarket Discount. As the largest institutional investor in Moldova, to date EBRD has invested over EUR 900 million in over 100 projects in our country's energy, transport and banking sector, agriculture, industry, etc.