Publications

In May 2007 the LUKOIL Company signed a USD 300 million loan contract with the EBRD and other multilateral banks to finance an environmental security scheme of the LUKOIL group subsidiaries. The borrowed funds were supposed to be used for implementing environmental projects…

The Chelopech Mining project is separated in two parts: Phase 1 focusing on environmental improvements; and Phase 2 proposing the expansion of metals production through the introduction of cyanide leaching technology. EBRD approved a USD 10 million loan for Phase 1 in 2004….

Since Georgias independence in the early 1990s, due to financial constraints maintenance and repair works at most of the water utilities have been neglected. In order to improve the situation in the water sector, several Georgian city councils have approached the EBRD for fi…

The EBRD continues to assert the need to increase power efficiency and to develop renewable energy sources. This is why NECU are not entirely clear about the apparent readiness of the EBRD to support a project which has so many weak points and is an integral part of the nati…

In 2007 the EBRD approved a USD 100 million loan for ArcelorMittal Temirtau (AMT), a metal and mining complex in the Karaganda region of Central Kazakhstan in order to support further improvements to Mittal Steel Temirtaus health and safety practices at its coal mines in Kar…

The Gazela Bridge over the Sava River in Belgrade, Serbia, is more than thirty years old. The bridge was projected for 30000 v/day, currently is servicing more than 150000 v/day. The bridge has never been repaired and urgently needs reparation. The EBRD approved Euro 25 mill…

In this issue: Why is the EBRD tacitly backing Ukraine’s nuke-centric, inefficient energy plans? * Football and PPPs do not mix * Renewables continue to get a rough ride in Georgia * Other transitions are out there – but not as the EBRD knows it * Wake up and smell ArcelorMi…

Dear Mr Popov Chelopech Mining project – phase 2 Thank you for your letter of 2 May, 2008 in which you share with us your concerns about Chelopech Mining Project (copy attached for reference).

The publication shows how local residents, workers and the environment pay the price for ArcelorMittal’s success. The compilation contains case studies examining Mittal’s IFC- and EBRD-financed plants in Romania, Ukraine, Bosnia-Herzegovina, the Czech Republic and Kazakhstan…