The European Investment Bank (EIB) signed two loans totalling €45m in Serbia with two different local financial institutions in support of the projects of small and medium-sized enterprises (SMEs) and infrastructure schemes promoted by local authorities. The loans, designed to assist Serbia in its efforts to integrate into the European Union, include: – a €25m […]

Through two loans totalling €45m, the European Investment Bank (EIB) will support the projects developed by small and medium sized companies (SMEs) and local authorities in Serbia. In particular, EIB is providing €25m to Erste Bank a.d. Novi Sad and €20m to Piraeus Bank a.d. Beograd to co-finance small and medium-sized projects promoted mainly by […]

A new fund focused on boosting the economic and environmental development in Southeast Europe has been established. The €95m Southeast Europe Energy Efficiency Fund (SE4F) will invest in energy efficiency and renewable energy projects especially undertaken by small and medium-sized enterprises (SMEs) and households in Albania, Bosnia-Herzegovina, Croatia, FYR Macedonia, Montenegro, Serbia and Turkey. The […]

The European Bank for Reconstruction and Development (EBRD) is making an equity investment of up to €7m in Forma Ideale, a furniture manufacturer in Serbia. The funds will enable the company to accelerate its growth and the expansion of its export business. Forma Ideale will build its first modern logistics centre close to its production […]