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Home > Project archive

Project archive

Projects listed here are not anymore actively monitored by Bankwatch. The content on these pages is not up-to-date but may provide relevant background information.


A young woman holding a banner that reads "Ombla: public money down the sinkhole?"

Ombla hydropower plant, Croatia

An underground hydropower plant was planned in a natural habitat of global significance. The project’s assessments were plagued by oddities and could not be considered complete. Despite all of this, the EBRD initially approved a EUR 123 million loan. In May 2013, under increasing pressure from civil society groups, the EBRD eventually pulled out of the project.

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Relocation of the main train station in Brno, Czech Republic

Against overwhelming public opposition, Brno hopes to relocate its main train station with the help of EU funding. Reconstructing the current station would be a much more effective use of public money and wouldn’t complicate the lives of tens of thousands of people.

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Rosia Montana gold mine, Romania

In 1999, Gabriel Resources, the Canadian mining company, was granted the right to mine gold in the Rosia Montana area in Romania. Rosia Montana was to become Europe’s largest open-cast gold mining project. As Gabriel, the Barbados-registered company with no mining experience whatsoever, is seeking to keep its costs low, they plan to use the controversial cyanide leaching method.

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