Publications

In July 2007 the Government of Albania approved the construction of a cement factory in the municipality of Kruja, 30 kilometres north of the capital Tirana. The investor, Antea Cement, a subsidiary of Greeces TITAN Cement Group, completed the construction of the plant and s…

For three years already ArcelorMittal Temirtau (AMT), financed by the European Bank for Reconstruction and Development (EBRD), has been implementing the USD 100 million Mittal Steel Temirtau – Coal Mine Modernisation project that was approved by the bank in 2007.

In 2008 the European Bank for Reconstruction and Development (EBRD) approved a USD 15 million senior loan for the USD 17 million Azer-Yod LLC iodine manufacturing project in Azerbaijan. While the majority of the plants products will be exported, the lives of locals are made…

Both the European Bank for Reconstruction and Development and the European Investment Bank approved loans for the D1 motorway Phase I project in Slovakia, which seeks to link the economically wealthier western part of Slovakia with the less developed eastern part. The projec…

In order to prevent the collapse of the banking sector in central and eastern Europe following the outbreak of economic crisis conditions in autumn 2008, the European Bank for Reconstruction and Development (EBRD) has provided a large number of loans to private banks in the…

The removal and resettlement of the informal Gazela settlement from beneath the Gazela Bridge on highway Corridor X over the Sava River in Belgrade’s downtown took place in August 2009. Despite the involvement of international financial institutions (the European Bank for Re…

Although the Nabucco gas pipeline is still nothing more than an idea on the drawing board it has attracted unprecedented political support and managed to swallow millions of euros of EU taxpayer’s money without an assessment of its effect on transit and gas supplying countri…

In December 2005 the European Bank for Reconstruction and Development (EBRD) approved a EUR 25.8 million loan for the Odessa High Voltage Grid Upgrade project for the state-owned company Ukrenergo. The project, that foresaw construction of a 124 kilometre long 330 kV transmi…

In 2007 the European Bank for Reconstruction and Development (EBRD) provided a USD 90 million loan to the second largest supermarket operator in Ukraine – the Furshet Group – for the regional expansion of its chain in Ukraine and Moldova. The aim of a research commissioned b…

On March 9, 2010, a loan for the Tbilisi Railway Bypass Project, initiated by the Georgian Railway company, was approved by the EBRD. The main goal of this project, rated category A by the EBRD, is to construct a new section of railway that bypasses the central part of Tbili…

The European Bank for Reconstruction and Development (EBRD) is considering lending EUR 175 million to the National Energy Company of Ukraine, Ukrenergo, for implementing the South Ukraine Transmission Project. An equal amount of financing was approved by the EIB in October 2…

The statement, signed by 48 civil society organisations calls on international financial institutions to stop using public resources to subsidize the fossil fuel industry. These subsidies fuel overconsumption in wealthy countries, benefit an already highly profitable and wel…