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Home > News > Press releases > Press release search results

Press release search results


The unexplained backtracking of the EBRD and Tbilisi City Hall: why did they keep the contract with a Russian company?

13 March, 2023

The European Bank for Reconstruction and Development (EBRD) is providing funding to Tbilisi City Hall to purchase metro cars for the Georgian capital’s metro system from a Russian company, Metrowagonmash. The company is part of Transmashholding, whose shareholders – Russian oligarchs Iskander Makhmudov and Andrey Bokarev – are closely linked with the Kremlin and its defence industry. Metrowagonmash’s sister company is also reportedly providing engines for Russian warships. 

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EBRD funds channelled to Kremlin affiliates: Why the purchase of Tbilisi metro cars from a Russian company should not proceed as planned

13 March, 2023

The European Bank for Reconstruction and Development is providing funding to Tbilisi City Hall to purchase metro cars for the Georgian capital’s metro system from Russian company Metrowagonmash. But Metrowagonmash is not just any Russian company.

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Environmental groups challenge backdoor dismantling of EU nature safeguards

9 March, 2023

CEE Bankwatch Network and ÖKOBÜRO have initiated legal action (1) to uphold EU environmental law and public consultation requirements when building renewable energy facilities. The groups argue that an emergency regulation adopted by the Council of the European Union in December 2022 breaches EU and international law.

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How renewable energy could reinvigorate Romania’s slumbering district heating sector

3 March, 2023

The lack of modernisation and rehabilitation of Romania’s district heating systems is felt most strongly by the inhabitants, but it also affects local budgets and has a negative impact on the environment.

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Successful renewables acceleration needs more public participation, not less

27 February, 2023

In December 2022, the Council of the European Union adopted an emergency regulation aimed at speeding up renewable energy deployment. But Member States have to uphold environmental safeguards and consult the public if they don’t want to end up doing the opposite, warns our new position paper.

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