capital investments on corridor x1

1568
Introduction document.xls EBRD investments 1991-2009 This spreadsheet details all of the projects signed by the EBRD since its establishment in 1991. Cancelled projects are not included. The projects have been separated into the EBRD's 30* countries of operations: Instructions Click on the buttons above, or the tabs along the bottom of the spreadsheet, to view the projects signed in each country. To sort the projects by sector or by year of signing, use the buttons at the top of each country page. Please note, these buttons will only function if you chose to "enable macros" when you opened the file in Excel. A sheet containing all project data is supplied at the end of the spreadsheet. To review EBRD projects across countries, by sector or by year of signing, click on the buttons at the top of the "all countries" tab. * As of 2007, the EBRD no longer makes new investments in the Czech Republic, but maintains a portfolio in the country. Albania Bosnia and Herzegovina Armenia Azerbaijan Belarus Bulgaria Croatia Czech Republic* Estonia FYR Macedonia Krygyz Republic Georgia Hungary Kazakhstan Latvia Lithuania Moldova Mongolia Montenegro Serbia Poland Romania Russia Slovak Republic Slovenia Tajikistan Turkmenistan Ukraine Uzbekistan Turkey

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Capital Investments on Corridor X1

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136378809.xls.ms_office

Introduction

EBRD investments 1991-2009This spreadsheet details all of the projects signed by the EBRD since its establishment in 1991. Cancelled projects are not included. The projects have been separated into the EBRD's 30* countries of operations:Albania Armenia Azerbaijan Belarus Bosnia and Herzegovina Bulgaria Croatia Czech Republic* Estonia FYR Macedonia Georgia Hungary Kazakhstan Krygyz Republic Latvia Lithuania Moldova Mongolia Montenegro Poland Romania Russia Serbia Slovak Republic Slovenia Tajikistan Turkey Turkmenistan Ukraine Uzbekistan

Instructions Click on the buttons above, or the tabs along the bottom of the spreadsheet, to view the projects signed in each country. To sort the projects by sector or by year of signing, use the buttons at the top of each country page. Please note, these buttons will only function if you chose to "enable macros" when you opened the file in Excel. A sheet containing all project data is supplied at the end of the spreadsheet. To review EBRD projects across countries, by sector or by year of signing, click on the buttons at the top of the "all countries" tab. * As of 2007, the EBRD no longer makes new investments in the Czech Republic, but maintains a portfolio in the country.

Introduction

136378809.xls.ms_office

All investments 1991- 2009

Country

Type of investment

Project name

Sub project

Description

Sector

Portfolio Class

Year of signing

Total EBRD project loan ( value 000) ( 000) 37,594 15,329

EBRD equity ( 000) 15,329

EBRD Total EBRD guarantee finance ( 000) ( 000) 0 30,658

Albania

Direct investment

Banca Italo Albanese

-

Establishment of joint-venture bank with Banca di Bank equity Roma and National Commercial Bank of Albania.

Private

1994

Albania

Direct investment

Albanian Telecom

-

Modernisation and expansion of telecommunications network.

Telecoms, State informatics and media

1992

38,045

6,823

0

0

6,823

Albania

Direct investment

Drin River cascade rehabilitation

-

Upgrade of main hydro power plants

Power and energy

State

1994

34,165

1,445

0

0

1,445

Albania

Direct investment

Hotel Rogner

-

Construction of three-star hotel in Tirana.

Property and tourism

Private

1994

24,237

8,122

2,030

0

10,152

Albania

Direct investment

Tirana Hotel

-

Operation of three-star hotel in Tirana.

Property and tourism

Private

1993

18,367

8,150

2,717

0

10,867

Albania

Direct investment

Coca-Cola Tirana

-

Establishment of first local soft drink producer and bottling plant.

Agribusiness

Private

1993

9,551

2,824

0

0

2,824

Albania

Direct investment

Power transmission and distribution project

-

Upgrade of power transmission and distribution systems.

Power and energy

State

1995

80,880

100

0

0

100

Albania

Direct investment

ProCredit Bank Albania (formerly FEFAD Bank)

-

Financing for micro and small enterprises.

Small business Private finance

1999

4,758

0

1,077

0

1,077

Albania

Direct investment

National Commercial Bank

-

Restructuring of commercial banks operations and strengthening of capital base.

Bank equity

Private

2000

7,880

0

2,332

0

2,332

Albania

Direct investment

SME recovery credit line

Banca Italo-Albanese

Credit line to assist small and medium-sized enterprises.

Bank lending

Private

1998

1,004

1,004

0

0

1,004

All investments 1991- 2009

136378809.xls.ms_office

All investments 1991- 2009

Country

Type of investment

Project name

Sub project

Description

Sector

Portfolio Class

Year of signing

Total EBRD project loan ( value 000) ( 000) 63,042 29,842

EBRD equity ( 000) 0

EBRD Total EBRD guarantee finance ( 000) ( 000) 0 29,842

Albania

Direct investment

Albania power sector reconstruction

-

Modernisation of main hydro power plants, transmission and distribution networks.

Power and energy

State

1999

Albania

Direct investment

Albania power distribution rehabilitation

-

Upgrade of power transmission, distribution systems and substations.

Power and energy

State

2002

190,293

23,890

0

0

23,890

Albania

Direct investment

Road rehabilitation project

-

Emergency improvements to 30 km section of road between Elbasan and Librazhd.

Transport

State

2002

24,873

16,987

0

0

16,987

Albania

Direct investment

INSIG

-

Pre-privatisation equity investment in leading insurance provider.

Insurance and financial services

Private

2003

13,193

2,157

2,157

0

4,313

Albania

Direct investment

Vodafone Albania

-

Expansion of GSM mobile network.

Telecoms, Private informatics and media

2003

72,500

24,706

0

0

24,706

Albania

Direct investment

Fushe Kruje cement factory

-

Installation of new cement production line.

Manufacturing and services

Private

2004

101,017

20,806

0

0

20,806

Albania

Direct investment

Vlore thermal power plant

-

Construction of oil-fuelled thermal power station. Power and energy

State

2004

104,071

40,000

0

0

40,000

Albania

Direct investment

Tirana Airport Privatisation Project

-

Upgrading of facilities at the airport.

Transport

Private

2005

78,299

31,600

0

0

31,600

Albania

Direct investment

Fier-Tepelene road rehabilitation project

-

Upgrading and construction of the road from Fier Transport to Tepelene.

State

2005

109,000

35,000

0

0

35,000

Albania

Direct investment

Morpack Albania

-

Construction of a food packaging plant.

Agribusiness

Private

2005

5,500

2,500

0

0

2,500

All investments 1991- 2009

136378809.xls.ms_office

All investments 1991- 2009

Country

Type of investment

Project name

Sub project

Description

Sector

Portfolio Class

Year of signing

Total EBRD project loan ( value 000) ( 000) 1,812 0

EBRD equity ( 000) 1,812

EBRD Total EBRD guarantee finance ( 000) ( 000) 0 1,812

Albania

Regional investment

Southeast Europe Equity Fund II

Equity fund investing in private funds in southeastern Europe.

Equity funds

Private

2005

Albania

Direct investment

Durres port

-

Loan to finance a ferry terminal and related infrastructure at the port of Durres.

Transport

State

2007

40,000

14,000

0

0

14,000

Albania

Direct investment

Western Balkans Local Enterprise Facility

Union Bank of Tirana

Equity investment to strengthen Albanian banks expansion and lending activities.

Bank equity

Private

2008

4,000

0

3,450

0

3,450

Albania

Direct investment

Power transmission substations upgrade

-

Upgrading of six transmission substations crucial Power and to Albanias energy transmission system. energy

State

2006

38,290

16,000

0

0

16,000

Albania

Direct investment

Tirana municipal transport

-

Comprehensive upgrade of roads in Tirana.

Municipal and environmental infrastructure

State

2006

14,600

14,600

0

0

14,600

Albania

Regional investment

European Fund for Southeast Europe

-

Privately managed public/private investment fund Small business Private which will provide financing for micro, small and finance medium-sized businesses as well as housing and rural finance in south-eastern Europe. Construction and operation of five supermarkets. Agribusiness Private

2006

2,000

0

2,000

0

2,000

Albania

Direct investment

Euromax

-

2006

15,049

6,039

1,510

0

7,549

Albania

Regional investment

Balkan Accession Fund

-

Finance provided to a private equity fund investing in medium-sized businesses.

Equity funds

Private

2006

5,245

0

1,120

0

1,120

Albania

Direct investment

Levan-Vlore road

-

Loan to upgrade the road from Levan to Vlore.

Transport

State

2007

60,200

22,000

0

0

22,000

Albania

Direct investment

Western Balkans Local Enterprise Facility

BI-Invest

Establishment of a greenfield concrete production plant in Lushnje, Albania.

Manufacturing and services

Private

2007

1,000

0

700

0

700

All investments 1991- 2009

136378809.xls.ms_office

All investments 1991- 2009

Country

Type of investment

Project name

Sub project

Description

Sector

Portfolio Class

Year of signing

Total EBRD project loan ( value 000) ( 000) 210,307 19,600

EBRD equity ( 000) 9,800

EBRD Total EBRD guarantee finance ( 000) ( 000) 0 29,400

Albania

Direct investment

Antea Cement

-

Debt and equity financing for construction and operation of a new plant.

Manufacturing and services

Private

2008

Albania

Direct investment

Albanian Telecom

-

Investment to modernise telecommunications services across the country.

Telecoms, Private informatics and media

2008

100,000

30,000

0

0

30,000

Albania

Direct investment

Western Balkans Local Enterprise Facility

Agrotal

Establishment of an olive oil production plant.

Agribusiness

Private

2007

1,000

0

500

0

500

Albania

Direct investment

Albania Reconstruction Equity Fund (AREF)

Modernisation, expansion, restructuring and development of small and medium-sized enterprises.

Equity funds

Private

1998

4,807

0

2,391

0

2,391

Albania

Regional investment

EnerCap

-

Private equity fund dedicated to investing in Power and renewable energy and energy efficiency projects energy in central and south-eastern Europe.

Private

2007

5,000

0

1,250

0

1,250

Albania

Regional investment

Westdeutsche Allgemeine Zeitung

-

Equity investment for development and expansion of WAZ Media Group into new markets across central and eastern Europe and the CIS. Equity investment to support the commercial launch and development of ViaOne Europa Holding's software platforms.

Telecoms, Private informatics and media

2008

12,900

0

6,000

0

6,000

Albania

Regional investment

ViaOne

-

Telecoms, Private informatics and media

2008

847

0

500

0

500

Albania

Direct investment

Western Balkans Local Enterprise Facility

Tirex Resources

The EBRD's first investment in Albanias mining sector.

Natural Resources

Private

2008

6,134

6,134

0

0

6,134

Albania

Regional investment

CEE Special Situations Fund

CRG Capital

Investment in an equity fund managed by CRG Partners targeting distressed and underperforming companies.

Equity funds

Private

2009

200

0

200

0

200

Albania

Direct investment

Western Balkans and Croatia Financing Framework

Intesa SanPaolo

Capital increase in American Bank of Albania, subsidiary of Intesa SanPaolo Albania.

Bank equity

Private

2008

1,167

0

1,167

0

1,167

All investments 1991- 2009

136378809.xls.ms_office

All investments 1991- 2009

Country

Type of investment

Project name

Sub project

Description

Sector

Portfolio Class

Year of signing

Total EBRD project loan ( value 000) ( 000) 2,000 0

EBRD equity ( 000) 1,400

EBRD Total EBRD guarantee finance ( 000) ( 000) 0 1,400

Albania

Direct investment

Western Balkans Local Enterprise Facility

Beba

Equity investment to support the new recycledpaper production line and to establish wastepaper recycling networks throughout Albania. Financing to support the development of the Patos Marinza oilfield.

Manufacturing and services

Private

2008

Albania

Direct investment

Patos Marinza oilfield

-

Natural Resources

Private

2009

91,874

21,334

7,111

0

28,445

Albania

Direct investment

East Gate - Tirana Shopping Mall

-

Long-term debt facility for the construction of a Western-standard shopping mall in the outskirts of Tirana.

Property and tourism

Private

2009

54,999

24,000

0

0

24,000

Albania

Regional investment

European Fund for SouthEast Europe II

-

Support to financial institutions for on-lending to Small business Private MSMEs, as well as for housing and rural finance. finance

2009

11,550

0

1,650

0

1,650

Albania

Regional investment

Southeast Europe Energy Efficiency Fund (SE4F)

-

Financing for energy efficiency projects through local financial institutions.

Insurance and financial services

Private

2009

9,488

0

2,500

0

2,500

Albania

Direct investment

Western Balkans Local Enterprise Facility

Union Bank

Credit line for on-lending to small and mediumsized enterprises.

Bank lending

Private

2009

2,000

2,000

0

0

2,000

Armenia

Direct investment

Hrasdan thermal power plant (Unit 5)

-

Construction and privatisation of power generating unit at the Hrasdan thermal power plant (Unit No 5).

Power and energy

State

1993

62,243

40,050

0

0

40,050

Armenia

Regional investment

First NIS Regional Fund

-

Equity fund investing in companies in the New Independent States (NIS).

Equity funds

Private

1994

518

0

310

0

310

Armenia

Direct investment

Yerevan (Zvartnots) air cargo terminal

-

Improvement of ground facilities and air cargo handling services.

Transport

State

1994

18,336

14,868

0

0

14,868

Armenia

Regional investment

MBA loan project

-

Financial support for students undertaking MBA degrees at top-tier business schools.

Bank lending

Private

1995

341

109

0

82

190

All investments 1991- 2009

136378809.xls.ms_office

All investments 1991- 2009

Country

Type of investment

Project name

Sub project

Description

Sector

Portfolio Class

Year of signing

Total EBRD project loan ( value 000) ( 000) 2,209 524

EBRD equity ( 000) 0

EBRD Total EBRD guarantee finance ( 000) ( 000) 0 524

Armenia

Direct investment

Armenia wholesale market

-

Development of modern wholesale market distribution network for fresh food products.

Agribusiness

State

1995

Armenia

Regional investment

MBA loan project

-

Financial support for students undertaking MBA degrees at top-tier business schools.

Bank lending

Private

1998

73

15

0

15

31

Armenia

Direct investment

Armenia Multi-bank Framework

Agricultural Cooperative Bank Armenia

Financing for small and medium-sized enterprises.

Bank lending

Private

2003

2,081

2,081

0

0

2,081

Armenia

Direct investment

IBSB

-

Equity investment in medium-sized local enterprises and facilitation of foreign direct investment in the region.

Bank equity

Private

1999

1,054

0

1,054

0

1,054

Armenia

Direct investment

Yerevan Brandy Company

-

Provision of permanent working capital and development of export markets.

Agribusiness

Private

2000

34,676

13,871

0

0

13,871

Armenia

Direct investment

Armenia Multi-bank Framework

Armeconombank

Financing for small and medium-sized enterprises.

Bank lending

Private

2000

694

694

0

0

694

Armenia

Direct investment

Armenia Multi-bank Framework

Anelik Bank

Financing for small and medium-sized enterprises.

Bank lending

Private

2002

694

694

0

0

694

Armenia

Direct investment

Armenian copper programme

-

Improvements to copper smelters production capacity.

Manufacturing and services

Private

2002

5,826

3,121

0

0

3,121

Armenia

Direct investment

Armeconombank

-

Equity investment to expand lending facilities.

Bank equity

Private

2004

1,420

0

904

0

904

Armenia

Direct investment

Regional Trade Facilitation Programme

Armeconombank

Support for foreign trade.

Bank lending

Private

2002

206

103

0

103

206

All investments 1991- 2009

136378809.xls.ms_office

All investments 1991- 2009

Country

Type of investment

Project name

Sub project

Description

Sector

Portfolio Class

Year of signing

Total EBRD project loan ( value 000) ( 000) 1,250 0

EBRD equity ( 000) 1,250

EBRD Total EBRD guarantee finance ( 000) ( 000) 0 1,250

Armenia

Direct investment

Direct Investment Facility

SHEN concern

Expansion of producer of construction materials. Manufacturing and services

Private

2004

Armenia

Direct investment

Regional Trade Facilitation Programme

Agricultural Cooperative Bank Armenia

Support for foreign trade.

Bank lending

Private

2004

1,200

0

0

1,200

1,200

Armenia

Direct investment

Armenian Renewable Energy Programme

-

Long-term loan to Cascade Credit to promote competitive and viable renewable energy projects.

Power and energy

Private

2006

10,402

4,466

0

0

4,466

Armenia

Direct investment

Armenia Multi-bank Framework

Armeconombank

Financing for small and medium-sized enterprises.

Bank lending

Private

2005

1,387

1,387

0

0

1,387

Armenia

Direct investment

SME credit line

Anelik Bank

Credit line for on-lending to small and mediumsized businesses.

Bank lending

Private

2004

1,734

1,734

0

0

1,734

Armenia

Direct investment

Direct Investment Facility

Liqvor

Investment in a pharmaceuticals manufacturer.

Manufacturing and services

Private

2005

2,431

302

603

0

905

Armenia

Direct investment

Direct Lending Facility

Deno Gold

Gold mining project.

Natural Resources

Private

2005

3,121

3,121

0

0

3,121

Armenia

Direct investment

Armenia Multi-bank Framework

Inecobank

Financing for small and medium-sized enterprises.

Small business Private finance

2005

694

694

0

0

694

Armenia

Direct investment

Armenia Multi-bank Framework

Agricultural Cooperative Bank Armenia

Financing for small and medium-sized enterprises.

Small business Private finance

2005

2,081

2,081

0

0

2,081

Armenia

Direct investment

Regional Trade Facilitation Programme

Inecobank

Support for foreign trade.

Bank lending

Private

2005

320

160

0

160

320

All investments 1991- 2009

136378809.xls.ms_office

All investments 1991- 2009

Country

Type of investment

Project name

Sub project

Description

Sector

Portfolio Class

Year of signing

Total EBRD project loan ( value 000) ( 000) 1,170 0

EBRD equity ( 000) 827

EBRD Total EBRD guarantee finance ( 000) ( 000) 0 827

Armenia

Direct investment

Direct Investment Facility

Cascade Insurance and Reinsurance Company

Equity investment in an insurance company.

Insurance and financial services

Private

2005

Armenia

Direct investment

Medium-sized Loan Cofinancing Facility

Agricultural Cooperative Bank Armenia

Loan for on-lending to local private companies.

Bank lending

Private

2005

379

379

0

0

379

Armenia

Direct investment

Direct Lending Facility

Bazenc

Investment in small hydropower project.

Power and energy

Private

2005

1,100

1,100

0

0

1,100

Armenia

Direct investment

Direct Investment Facility

Hytex Plastic

Expansion of plastic container manufacturer.

Manufacturing and services

Private

2005

2,153

1,435

718

0

2,153

Armenia

Direct investment

Armenia International Airport

-

Construction of a new passenger terminal and purchase of new terminal equipment.

Transport

Private

2006

43,862

14,116

0

0

14,116

Armenia

Direct investment

Direct Investment Facility

Tamara Fruit

Equity investment in a local fruit company.

Agribusiness

Private

2006

1,036

518

518

0

1,036

Armenia

Direct investment

Medium-sized Loan Cofinancing Facility

Armeconombank

Loan for on-lending to local private companies.

Bank lending

Private

2005

1,734

1,578

0

0

1,578

Armenia

Direct investment

Armenia MSE Financing Facility

Anelik Bank SME credit line III

Credit line for on-lending to small and mediumsized businesses.

Bank lending

Private

2006

1,734

1,734

0

0

1,734

Armenia

Direct investment

Armenia Multi-bank Framework II

Inecobank

Credit line for on-lending to micro and small businesses.

Small business Private finance

2006

3,468

3,468

0

0

3,468

Armenia

Direct investment

Armeconombank Mortgage Facility

-

Credit facility for on-lending as long-term loans.

Bank lending

Private

2006

1,387

1,387

0

0

1,387

All investments 1991- 2009

136378809.xls.ms_office

All investments 1991- 2009

Country

Type of investment

Project name

Sub project

Description

Sector

Portfolio Class

Year of signing

Total EBRD project loan ( value 000) ( 000) 233 117

EBRD equity ( 000) 0

EBRD Total EBRD guarantee finance ( 000) ( 000) 0 117

Armenia

Direct investment

Medium-sized Loan CoFinancing Facility

Agricultural Cooperative Bank Armenia

Credit line for on-lending to medium-sized businesses.

Agribusiness

Private

2006

Armenia

Direct investment

Direct Investment Facility

Star Group

Investment in a supermarket chain, for acquisition and development of four additional stores.

Agribusiness

Private

2006

7,984

1,442

5,766

0

7,208

Armenia

Direct investment

Medium-sized Loan CoFinancing Facility

Agricultural Cooperative Bank Armenia

Credit line for on-lending to medium-sized businesses.

Bank lending

Private

2006

272

136

0

0

136

Armenia

Direct investment

Lake Sevan

-

Upgrade of two waste-water treatment plants and construction of a further three.

Municipal and environmental infrastructure

State

2007

12,000

7,000

0

0

7,000

Armenia

Direct investment

Medium-sized Loan CoFinancing Facility

Armeconombank

Credit line for on-lending to medium-sized businesses.

Agribusiness

Private

2006

555

277

0

0

277

Armenia

Direct investment

Medium-sized Loan Cofinancing Facility

Anelik Bank

Loan to Anelik Bank to expand its lending activities.

Bank lending

Private

2007

1,500

1,500

0

0

1,500

Armenia

Direct investment

Medium-sized Loan Cofinancing Facility

Agricultural Cooperative Bank of Armenia

Loan to MavaTerm for design, installation and service of heating and ventilation systems.

Manufacturing and services

Private

2007

126

126

0

0

126

Armenia

Regional investment

Brasseries International Holdings

-

Reconstruction and development of breweries across the Caucasus.

Agribusiness

Private

2006

6,651

3,326

3,326

0

6,651

Armenia

Direct investment

Medium-sized Loan CoFinancing Facility

Armeconombank

Credit line for on-lending to medium-sized businesses.

Manufacturing and services

Private

2006

139

139

0

0

139

Armenia

Direct investment

Direct Investment Facility

Natfood/Biella

Investments in primarily small and medium-sized Agribusiness private sector enterprises.

Private

2008

3,435

0

3,435

0

3,435

All investments 1991- 2009

136378809.xls.ms_office

All investments 1991- 2009

Country

Type of investment

Project name

Sub project

Description

Sector

Portfolio Class

Year of signing

Total EBRD project loan ( value 000) ( 000) 416 416

EBRD equity ( 000) 0

EBRD Total EBRD guarantee finance ( 000) ( 000) 0 416

Armenia

Direct investment

Medium-sized Loan Cofinancing Facility

Armeconombank

Renovation and construction of a second wing at Manufacturing the Nairi Medical Centre and services

Private

2007

Armenia

Direct investment

Armenia Multi-bank Framework II

Armeconombank

Credit line to Armeconombank for on lending to small and medium-sized enterprises.

Small business Private finance

2007

2,081

2,081

0

0

2,081

Armenia

Direct investment

Armenia Multi-bank Framework II

Anelik Bank

Credit line to Anelik Bank.

Small business Private finance

2007

5,000

5,000

0

0

5,000

Armenia

Direct investment

ProCredit Bank Armenia

-

Establishment of a dedicated microfinance bank in Armenia.

Small business Private finance

2007

2,144

0

2,144

0

2,144

Armenia

Direct investment

ProCredit Bank Armenia

-

Support for the development of micro and small- Small business Private sized enterprises. finance

2008

4,855

1,387

0

0

1,387

Armenia

Direct investment

Azerbaijan Multi-bank Framework II

Agricultural Cooperative Bank Armenia

Loan for on-lending to local enterprises in rural areas.

Small business Private finance

2007

8,322

4,161

0

0

4,161

Armenia

Direct investment

Armenia Multi-bank Framework II

Cascade Bank

Loan to local banks to provide further support to small and medium-sized enterprises.

Bank lending

Private

2008

3,468

3,468

0

0

3,468

Armenia

Direct investment

Medium-sized Loan Cofinancing Facility

Armeconombank

Loan to Shant, an Armenian TV and radio broadcaster.

Telecoms, Private informatics and media

2007

381

381

0

0

381

Armenia

Regional investment

Meinl Caucasus and Central Asia

-

Finance for the development of high-quality, international standard retail and mixed-use properties in Caucasus and Central Asia.

Property and tourism

Private

2007

168,728

0

59,063

0

59,063

Armenia

Direct investment

Artyk

-

Loan to support the financing of a multi-purpose complex construction in the city of Yerevan.

Property and tourism

Private

2008

38,915

13,871

0

0

13,871

All investments 1991- 2009

136378809.xls.ms_office

All investments 1991- 2009

Country

Type of investment

Project name

Sub project

Description

Sector

Portfolio Class

Year of signing

Total EBRD project loan ( value 000) ( 000) 3,468 3,468

EBRD equity ( 000) 0

EBRD Total EBRD guarantee finance ( 000) ( 000) 0 3,468

Armenia

Direct investment

Armenia Multi Bank Framework II

Inecobank

Credit line to Inecobank for onlending to SMEs.

Bank lending

Private

2007

Armenia

Direct investment

Byblos Bank Armenia

-

Equity investment in BBA (formerly International Trade Bank).

Bank equity

Private

2007

6,010

0

5,030

0

5,030

Armenia

Direct investment

Direct Investment Facility

Alpha Pharma

Equity stake enabling a leading pharmaceutical wholesaler to expand its network.

Manufacturing and services

Private

2007

4,400

0

4,400

0

4,400

Armenia

Direct investment

Armenia Multi-bank Framework

Araratbank

Credit line to Araratbank for onlending to MSMEs.

Small business Private finance

2007

3,468

3,468

0

0

3,468

Armenia

Direct investment

Direct Lending Facility

Shen Concern

Expanding the production of paints and lacquers, Manufacturing and beginning production of new materials such and services as gypsum and masonry products.

Private

2007

3,537

3,537

0

0

3,537

Armenia

Direct investment

Armenia Multi-Bank Framework II

Converse Bank

Financing programme for small and mediumsized enterprises.

Small business Private finance

2008

6,935

3,468

0

0

3,468

Armenia

Direct investment

Azerbaijan Multi-bank Framework II

Armeconombank

Syndicated loan to Armeconombank for expansion of its activities.

Bank lending

Private

2007

10,403

3,468

0

0

3,468

Armenia

Direct investment

Azerbaijan Multi-bank Framework II

Agricultural Cooperative Bank of Armenia

Credit line to ACBA for on-lending to small and medium-sized enterprises.

Small business Private finance

2007

13,871

4,855

0

0

4,855

Armenia

Direct investment

Medium-Sized Loan Cofinancing Facility

Anelik Bank

Helping Arzni, a water and soft drinks producer, to buy an automated PET bottling line.

Agribusiness

Private

2008

555

555

0

0

555

Armenia

Direct investment

Electricity Networks of Armenia

-

Financing to upgrade electricity distribution network.

Power and energy

Private

2009

74,762

42,000

0

0

42,000

All investments 1991- 2009

136378809.xls.ms_office

All investments 1991- 2009

Country

Type of investment

Project name

Sub project

Description

Sector

Portfolio Class

Year of signing

Total EBRD project loan ( value 000) ( 000) 12,484 6,242

EBRD equity ( 000) 0

EBRD Total EBRD guarantee finance ( 000) ( 000) 0 6,242

Armenia

Direct investment

ACBA Credit Agricole Bank

-

Senior loan to assist lending activities to farmers Small business Private and private sector Armenian entrepreneurs, finance particularly outside of the capital.

2008

Armenia

Direct investment

Armenia Multi-bank Framework II

-

Loan for mortgage lending and energy efficiency Small business Private lending, and leasing. finance

2008

6,935

1,734

0

0

1,734

Armenia

Direct investment

Agricultural Cooperative Bank Leasing of Armenia

Credit line for on-lending to small and mediumsized enterprises.

Insurance and financial services

Private

2008

5,548

5,548

0

0

5,548

Armenia

Direct investment

Medium-Sized Loan Cofinancing Facility

Anelik Bank

Help for Yerevan Beer to buy new equipment for Agribusiness a glass bottling line.

Private

2008

271

271

0

0

271

Armenia

Direct investment

AraratBank

-

Acquisition of an equity stake in Araratbank, to support its plans for further expansion.

Bank equity

Private

2008

5,212

0

5,212

0

5,212

Armenia

Direct investment

Armenia International Airport Phase II

-

Financing for a new passenger terminal and related equipment.

Transport

Private

2009

119,981

27,741

0

0

27,741

Armenia

Direct investment

Medium-Sized Loan Cofinancing Facility

Armeconombank

Expansion of ironing and dry cleaning services at Manufacturing Selena Service. and services

Private

2008

225

225

0

0

225

Armenia

Direct investment

Direct Lending Facility

Northern Ray Elite Holding Loan for the construction of a new residential and Property and commercial complex in the Armenian capital tourism Yerevan.

Private

2009

3,814

3,814

0

0

3,814

Armenia

Direct investment

Medium-Sized Loan Cofinancing Facility

Armeconombank Daroink

Facilitate the financing of Armenian mediumsized enterprises.

Agribusiness

Private

2008

139

139

0

0

139

Armenia

Direct investment

Armenia Multi-bank Framework II

ProCredit Bank Armenia

Financing programme for small and mediumsized enterprises.

Small business Private finance

2008

128

0

128

0

128

All investments 1991- 2009

136378809.xls.ms_office

All investments 1991- 2009

Country

Type of investment

Project name

Sub project

Description

Sector

Portfolio Class

Year of signing

Total EBRD project loan ( value 000) ( 000) 2,081 2,081

EBRD equity ( 000) 0

EBRD Total EBRD guarantee finance ( 000) ( 000) 0 2,081

Armenia

Direct investment

Direct Lending Facility

Saranist/Armglass

A loan to a glass bottle and jar producer, to help Agribusiness increase production capacity and diversify its product range.

Private

2009

Armenia

Direct investment

Medium-sized Loan Cofinancing Facility

Armeconombank

Extension of the existing MCFF loan to Shant for Telecoms, Private the purchase of new premises. informatics and media

2009

156

156

0

0

156

Armenia

Direct investment

Direct Lending Facility

Brasseries International Holdings

Support for Kotayk to develop its brewing business in Armenia.

Agribusiness

Private

2009

347

347

0

0

347

Armenia

Direct investment

Direct Lending Facility

Star

Financing of existing supermarket operations.

Agribusiness

Private

2009

2,427

2,427

0

0

2,427

Armenia

Direct investment

Medium-sized Loan Cofinancing Facility

Anelik Armenia Glass

Finance to help with expansion at a stained glass Agribusiness manufacturer.

Private

2009

694

694

0

0

694

Azerbaijan

Regional investment

First NIS Regional Fund

-

Equity fund investing in companies in the New Independent States (NIS).

Equity funds

Private

1994

518

0

310

0

310

Azerbaijan

Direct investment

Air navigation system upgrade -

Procurement of new air navigation equipment and reconstruction of international passenger terminal.

Transport

State

1996

10,819

9,501

0

0

9,501

Azerbaijan

Direct investment

Baku water rehabilitation

-

Improvement of water supply, quality and reliability in Baku.

Municipal and environmental infrastructure

State

1995

79,038

15,758

0

0

15,758

Azerbaijan

Direct investment

Silk Road

-

Reconstruction of 85 km section of HajigabulKyurdamir road.

Transport

State

2004

33,012

28,435

0

0

28,435

Azerbaijan

Direct investment

Yenikend renewable energy

-

Construction of hydro power station.

Power and energy

State

1994

52,063

36,924

0

0

36,924

All investments 1991- 2009

136378809.xls.ms_office

All investments 1991- 2009

Country

Type of investment

Project name

Sub project

Description

Sector

Portfolio Class

Year of signing

Total EBRD project loan ( value 000) ( 000) 33,487 14,991

EBRD equity ( 000) 0

EBRD Total EBRD guarantee finance ( 000) ( 000) 0 14,991

Azerbaijan

Direct investment

Mingechaur Power

-

Replacement of generators at hydro power plant, Power and reconstruction of high-voltage power energy transmission line and installation of substation.

State

1997

Azerbaijan

Regional investment

AIG Silk Road Fund

-

Financing for small and medium-sized private Equity funds sector enterprises and joint ventures operating in Russia and Central Asia.

Private

1997

11,814

0

2,278

0

2,278

Azerbaijan

Direct investment

Baku port development

-

Modernisation of ferry terminal.

Transport

State

1999

4,361

112

0

0

112

Azerbaijan

Direct investment

Trans-Caucasian rail link

-

Improvement of Azeri section of the TransCaucasian rail link.

Transport

State

1999

25,995

14,009

0

0

14,009

Azerbaijan

Direct investment

Azerbaijan Multi-bank Framework

Azerdemiryolbank

Financing for small and medium-sized enterprises and development of banking sector.

Bank lending

Private

1999

508

508

0

0

508

Azerbaijan

Direct investment

Azerbaijan Multi-bank Framework

International Bank of Azerbaijan

Financing for small and medium-sized enterprises and development of banking sector.

Bank lending

Private

1998

2,801

2,801

0

0

2,801

Azerbaijan

Direct investment

Direct Investment Facility

Silk Road Motel, Garadak

Construction of three-star hotel adjacent to the oilfields, servicing business travellers.

Manufacturing and services

Private

1999

4,722

0

1,758

0

1,758

Azerbaijan

Direct investment

Chirag early oil project

Amoco Caspian Sea Finance Ltd

Expansion of crude oil production and export markets.

Natural Resources

Private

1998

402,134

22,768

0

0

22,768

Azerbaijan

Direct investment

Chirag early oil project

Lukoil Overseas

Expansion of crude oil production and export markets.

Natural Resources

Private

1998

236,580

13,385

0

0

13,385

Azerbaijan

Direct investment

Chirag early oil project

Turkish Petroleum

Expansion of crude oil production and export markets.

Natural Resources

Private

1998

159,425

9,037

0

0

9,037

All investments 1991- 2009

136378809.xls.ms_office

All investments 1991- 2009

Country

Type of investment

Project name

Sub project

Description

Sector

Portfolio Class

Year of signing

Total EBRD project loan ( value 000) ( 000) 237,805 13,454

EBRD equity ( 000) 0

EBRD Total EBRD guarantee finance ( 000) ( 000) 0 13,454

Azerbaijan

Direct investment

Chirag early oil project

Unocal Finance Ltd

Expansion of crude oil production and export markets.

Natural Resources

Private

1998

Azerbaijan

Direct investment

Chirag early oil project

Early Oil Finance Co

Expansion of crude oil production and export markets.

Natural Resources

Private

1998

188,868

10,708

0

0

10,708

Azerbaijan

Regional investment

Frontera Resources

-

Commercial development of Kursangi and Karabagli oilfields in Azerbaijan.

Natural Resources

Private

2000

197,972

9,016

0

0

9,016

Azerbaijan

Direct investment

Nations Azerbaijan (formerly Moncrief Azerbaijan Oil Company)

-

Development of onshore oilfields.

Natural Resources

Private

2000

66,677

27,581

13,790

0

41,371

Azerbaijan

Direct investment

Azerbaijan Microfinance Bank (AMB)

Financing for micro and small enterprises.

Small business Private finance

2002

7,309

3,139

1,569

0

4,708

Azerbaijan

Regional investment

Baring Vostok Private Equity Fund

-

Direct equity investment in medium-sized companies.

Equity funds

Private

2000

3,860

0

1,832

0

1,832

Azerbaijan

Direct investment

SOCAR

Shah Deniz gas condensate field

Development of Shah Deniz gas condensate field.

Natural Resources

State

2004

384,978

26,701

0

0

26,701

Azerbaijan

Regional investment

Baku-Tbilisi-Ceyhan pipeline

-

Construction of oil pipeline from Azerbaijan to Turkey.

Natural Resources

Private

2004

1,799,362

43,346

0

0

43,346

Azerbaijan

Direct investment

Azdres Power Plant Rehabilitation

-

Modernisation of power plant supplying the majority of energy consumed in Azerbaijan.

Power and energy

State

2006

167,834

143,561

0

0

143,561

Azerbaijan

Direct investment

Azerbaijan Multi-bank Framework

Unibank

Financing for small and medium-sized enterprises and development of banking sector.

Bank lending

Private

2002

2,070

1,035

0

0

1,035

All investments 1991- 2009

136378809.xls.ms_office

All investments 1991- 2009

Country

Type of investment

Project name

Sub project

Description

Sector

Portfolio Class

Year of signing

Total EBRD project loan ( value 000) ( 000) 48,833 8,648

EBRD equity ( 000) 0

EBRD Total EBRD guarantee finance ( 000) ( 000) 0 8,648

Azerbaijan

Regional investment

SOCAR

South Caucasus Gas Pipeline

Financing for 690 km gas pipeline from the Shah Natural Deniz field in Azerbaijan to the Turkish-Georgian Resources border.

State

2004

Azerbaijan

Direct investment

Landmark I (Neptun)

-

Refurbishment and acquisition of office development.

Property and tourism

Private

2003

4,300

2,150

0

0

2,150

Azerbaijan

Direct investment

Regional Trade Facilitation Programme

Unibank

Support for foreign trade.

Bank lending

Private

2002

504

252

0

252

504

Azerbaijan

Direct investment

Regional Trade Facilitation Programme

Azerdemiryolbank

Support for foreign trade.

Bank lending

Private

2002

531

266

0

266

531

Azerbaijan

Direct investment

Unibank

-

Equity investment in Azerbaijan's largest private bank.

Bank equity

Private

2003

877

0

877

0

877

Azerbaijan

Direct investment

Regional Trade Facilitation Programme

Azerigazbank

Support for foreign trade.

Bank lending

Private

2003

5,738

2,869

0

2,869

5,738

Azerbaijan

Direct investment

Azerbaijan Multi-bank Framework

Bank of Baku

Credit lines to Bank of Baku for on-lending to small and medium-sized businesses.

Bank lending

Private

2004

694

694

0

0

694

Azerbaijan

Direct investment

Baku to Samur road

-

Upgrading of a 60 km section of road from Sumgait to Zarat.

Transport

State

2005

76,095

69,353

0

0

69,353

Azerbaijan

Direct investment

Regional Trade Facilitation Programme

Bank of Baku

Support for foreign trade.

Bank lending

Private

2006

1,685

842

0

842

1,685

Azerbaijan

Direct investment

Landmark II (Libra)

-

Refurbishment and acquisition of office development.

Property and tourism

Private

2003

2,774

1,387

0

0

1,387

All investments 1991- 2009

136378809.xls.ms_office

All investments 1991- 2009

Country

Type of investment

Project name

Sub project

Description

Sector

Portfolio Class

Year of signing

Total EBRD project loan ( value 000) ( 000) 4,882 1,165

EBRD equity ( 000) 0

EBRD Total EBRD guarantee finance ( 000) ( 000) 0 1,165

Azerbaijan

Direct investment

ACG Phase 1

Amerada Hess

Development of oil and gas facilities in the Caspian Sea by Amerada Hess.

Natural Resources

Private

2004

Azerbaijan

Direct investment

ACG Phase 1

Amoco Caspian Sea Finance Ltd

Development of oil and gas facilities in the Caspian Sea by Amoco Caspian Sea Finance Limited.

Natural Resources

Private

2004

29,060

6,935

0

0

6,935

Azerbaijan

Direct investment

ACG Phase 1

Statoil Apsheron Finance A/S

Development of oil and gas facilities in the Caspian Sea by Statoil Apsheron.

Natural Resources

Private

2004

15,934

1,734

0

0

1,734

Azerbaijan

Direct investment

ACG Phase 1

Unocal Finance Ltd

Development of oil and gas facilities in the Caspian Sea by Unocal Khazar.

Natural Resources

Private

2004

27,741

6,935

0

0

6,935

Azerbaijan

Direct investment

MBASK Insurance Company

-

Strengthening of capital base and development of infrastructure, sales network and product range.

Insurance and financial services

Private

2005

1,229

0

970

0

970

Azerbaijan

Direct investment

Azerbaijan Multi-bank Framework

Respublika Bank

Credit lines to Respublika Bank for on-lending to Bank lending small and medium-sized businesses.

Private

2004

694

694

0

0

694

Azerbaijan

Direct investment

Azerbaijan Multi-bank Framework

Azerdemiryolbank

Credit lines to Azerdemiryolbank for on-lending to Bank lending small and medium-sized businesses.

Private

2004

1,387

1,387

0

0

1,387

Azerbaijan

Direct investment

Azerbaijan Multi-bank Framework

Azerigazbank

Credit lines to Azerigazbank for on-lending to small and medium-sized businesses.

Bank lending

Private

2004

1,387

1,387

0

0

1,387

Azerbaijan

Direct investment

Milk-Pro

-

Construction of new dairy processing plant in Baku and modernisation of plant in Goychay.

Agribusiness

Private

2004

3,937

1,312

2,624

0

3,937

Azerbaijan

Direct investment

Unibank

-

Loan to enable access to international markets to Bank lending raise medium-term financing for on-lending to local private enterprises.

Private

2005

6,935

1,040

0

0

1,040

All investments 1991- 2009

136378809.xls.ms_office

All investments 1991- 2009

Country

Type of investment

Project name

Sub project

Description

Sector

Portfolio Class

Year of signing

Total EBRD project loan ( value 000) ( 000) 4,911 2,455

EBRD equity ( 000) 0

EBRD Total EBRD guarantee finance ( 000) ( 000) 2,455 4,911

Azerbaijan

Direct investment

Regional Trade Facilitation Programme

Bank Respublika

Support for foreign trade.

Bank lending

Private

2004

Azerbaijan

Direct investment

Lukoil Overseas

Shah Deniz gas condensate field development

Development of the off-shore Shah Deniz gas and gas condensate field.

Natural Resources

Private

2005

192,108

76,288

0

0

76,288

Azerbaijan

Regional investment

Lukoil Overseas

South Caucasus Gas Pipeline

Completion of pipeline in Azerbaijan and Georgia Natural Resources

Private

2005

43,845

28,157

0

0

28,157

Azerbaijan

Direct investment

Azerbaijan Multi-bank Framework

Bank of Baku

Financing for small and medium-sized enterprises.

Bank lending

Private

2005

694

694

0

0

694

Azerbaijan

Direct investment

Garadagh Cement

-

Equity investment.

Manufacturing and services

Private

2006

9,817

0

7,528

0

7,528

Azerbaijan

Direct investment

Regional Trade Facilitation Programme

AccessBank

Support for foreign trade.

Bank lending

Private

2005

244

0

0

244

244

Azerbaijan

Direct investment

Azerdemiryolbank bank

-

Equity investment in private joint-stock bank.

Bank equity

Private

2005

3,709

0

3,709

0

3,709

Azerbaijan

Direct investment

Azerbaijan Multi-bank Framework

Bank Respublika

Financing for small and medium-sized enterprises.

Bank lending

Private

2005

1,387

1,387

0

0

1,387

Azerbaijan

Direct investment

Azerbaijan Multi-bank Framework

Azerigazbank

Financing for small and medium-sized enterprises.

Bank lending

Private

2005

1,040

1,040

0

0

1,040

Azerbaijan

Direct investment

ETC Non-bank MFI Framework II

FINCA (Azerbaijan)

Credit line to increase financing available to the smallest enterprises through on-lending.

Small business Private finance

2006

2,081

1,734

0

0

1,734

All investments 1991- 2009

136378809.xls.ms_office

All investments 1991- 2009

Country

Type of investment

Project name

Sub project

Description

Sector

Portfolio Class

Year of signing

Total EBRD project loan ( value 000) ( 000) 694 694

EBRD equity ( 000) 0

EBRD Total EBRD guarantee finance ( 000) ( 000) 0 694

Azerbaijan

Direct investment

Azerbaijan Multi-bank Framework

Azerdemiryolbank

Financing for small and medium-sized enterprises.

Small business Private finance

2005

Azerbaijan

Direct investment

Azerbaijan Multi-bank Framework

Bank Respublika

Financing for small and medium-sized enterprises.

Small business Private finance

2005

1,387

1,387

0

0

1,387

Azerbaijan

Direct investment

Azerbaijan Multi-bank Framework

Unibank

Financing for small and medium-sized enterprises.

Small business Private finance

2005

1,387

1,387

0

0

1,387

Azerbaijan

Direct investment

ETC Non-bank MFI Framework

CredAgro

Credit line to increase financing available to the smallest enterprises through on-lending.

Small business Private finance

2006

694

520

0

0

520

Azerbaijan

Direct investment

Unibank

-

Loan to provide Unibank with access to international markets.

Bank lending

Private

2006

5,201

1,734

0

0

1,734

Azerbaijan

Direct investment

Azerbaijan Multi-bank Framework

Bank of Baku (III)

Credit line for on-lending to small and mediumsized businesses.

Small business Private finance

2006

3,121

3,121

0

0

3,121

Azerbaijan

Direct investment

Azerbaijan Multi-bank Framework

Mugan Bank II

Credit line for on-lending to micro, small and medium-sized businesses.

Small business Private finance

2007

2,774

2,774

0

0

2,774

Azerbaijan

Direct investment

Azerbaijan Multi-bank Framework

Azerigazbank

Credit line for on-lending to small and mediumsized businesses.

Small business Private finance

2006

1,387

1,387

0

0

1,387

Azerbaijan

Direct investment

ETC Non-bank MFI Framework

Shore Overseas

Loan for on-lending to micro and small enterprises.

Small business Private finance

2007

1,387

1,387

0

0

1,387

Azerbaijan

Direct investment

Direct Lending Facility

Aqua Vita

Finance provided to locally owned mineral water producer, Aqua Vita.

Agribusiness

Private

2006

3,121

3,121

0

0

3,121

All investments 1991- 2009

136378809.xls.ms_office

All investments 1991- 2009

Country

Type of investment

Project name

Sub project

Description

Sector

Portfolio Class

Year of signing

Total EBRD project loan ( value 000) ( 000) 1,387 1,387

EBRD equity ( 000) 0

EBRD Total EBRD guarantee finance ( 000) ( 000) 0 1,387

Azerbaijan

Direct investment

Azerbaijan Multi-bank Framework

Unibank (II)

Credit line for on-lending to small and mediumsized businesses.

Small business Private finance

2006

Azerbaijan

Direct investment

Azerbaijan Multi-bank Framework

Bank Respublika (III)

Credit line for on-lending to small and mediumsized businesses.

Bank lending

Private

2006

1,387

1,387

0

0

1,387

Azerbaijan

Direct investment

Azerbaijan Multi-bank Framework

Azerdemiryolbank (III)

Credit line for on-lending to small and mediumsized businesses.

Small business Private finance

2006

3,468

3,468

0

0

3,468

Azerbaijan

Direct investment

Unileasing (Equity)

-

Equity investment in an Azeri leasing company.

Insurance and financial services

Private

2007

520

0

520

0

520

Azerbaijan

Direct investment

Azerbaijan Multi-bank Framework

Rabitabank

Credit line for on-lending to small and mediumsized businesses.

Small business Private finance

2006

971

832

0

0

832

Azerbaijan

Direct investment

Medium-sized Loan CoFinancing Facility

Bank Respublika

Credit line for on-lending to medium-sized businesses.

Bank lending

Private

2006

1,040

1,040

0

0

1,040

Azerbaijan

Direct investment

Medium-sized Loan CoFinancing Facility

Azerdemiryolbank

Loan to Azerdemiryolbank to expand its lending activities.

Bank lending

Private

2007

694

694

0

0

694

Azerbaijan

Direct investment

Azerbaijan Multi-bank Framework

Mugan Bank

Credit line for on-lending to small and mediumsized businesses.

Small business Private finance

2006

1,387

1,387

0

0

1,387

Azerbaijan

Direct investment

Azerbaijan Multi-bank Framework

Nikoil Bank

Credit line for on-lending to micro, small and medium-sized businesses.

Small business Private finance

2007

1,387

1,387

0

0

1,387

Azerbaijan

Direct investment

Microfinance Bank Azerbaijan Equity

Equity investment in the largest provider of Small business Private financial services to micro and small businesses finance in Azerbaijan.

2006

2,268

0

2,268

0

2,268

All investments 1991- 2009

136378809.xls.ms_office

All investments 1991- 2009

Country

Type of investment

Project name

Sub project

Description

Sector

Portfolio Class

Year of signing

Total EBRD project loan ( value 000) ( 000) 2,074 0

EBRD equity ( 000) 0

EBRD Total EBRD guarantee finance ( 000) ( 000) 2,074 2,074

Azerbaijan

Direct investment

Regional Trade Facilitation Programme

Mugan Bank

Support for foreign trade.

Bank lending

Private

2006

Azerbaijan

Direct investment

ETC Non-bank MFI Framework II

Vision Fund AzerCredit

Financing for micro and small enterprises and to Small business Private assist the non-bank microfinance institutions in finance their commercialisation process.

2008

1,387

1,387

0

0

1,387

Azerbaijan

Direct investment

Medium-sized Loan CoFinancing Facility

Bank of Baku

Loan to Baku electronics for construction of a warehouse, showroom and administrative building.

Manufacturing and services

Private

2007

2,774

1,387

0

0

1,387

Azerbaijan

Direct investment

Medium-sized Loan CoFinancing Facility

Bank of Baku

Loan to Avrora to help with the acquisition of new Agribusiness equipment for the production of biscuits.

Private

2007

694

347

0

0

347

Azerbaijan

Direct investment

Medium-sized Loan CoFinancing Facility

Bank of Baku

Credit line for on-lending to medium-sized businesses.

Bank lending

Private

2006

2,601

2,601

0

0

2,601

Azerbaijan

Direct investment

Azerbaijan Multi-bank Framework

Azerigazbank IV

Credit line for on-lending to micro, small and medium-sized businesses.

Small business Private finance

2007

4,161

4,161

0

0

4,161

Azerbaijan

Direct investment

ETC Non-bank MFI Framework II

Credagro

Credit line to increase financing available to the smallest enterprises through on-lending.

Small business Private finance

2007

2,081

1,838

0

0

1,838

Azerbaijan

Direct investment

Bank Respublika

-

Loan to help the bank's expansion and development programme.

Bank lending

Private

2007

16,645

4,161

0

0

4,161

Azerbaijan

Direct investment

Azerbaijan Multi-bank Framework

Bank of Baku

Credit line for on-lending to micro, small and medium-sized businesses.

Small business Private finance

2007

2,081

1,387

0

0

1,387

Azerbaijan

Direct investment

Azerbaijan Multi-bank Framework

Bank Respublika IV

Credit line for on-lending to micro, small and medium-sized businesses.

Small business Private finance

2007

3,468

2,081

0

0

2,081

All investments 1991- 2009

136378809.xls.ms_office

All investments 1991- 2009

Country

Type of investment

Project name

Sub project

Description

Sector

Portfolio Class

Year of signing

Total EBRD project loan ( value 000) ( 000) 7,621 0

EBRD equity ( 000) 4,685

EBRD Total EBRD guarantee finance ( 000) ( 000) 0 4,685

Azerbaijan

Direct investment

Unibank

-

Equity investment in Unibank

Bank equity

Private

2007

Azerbaijan

Direct investment

Unibank III

-

Third syndicated loan to Unibank.

Bank lending

Private

2007

24,274

6,068

0

0

6,068

Azerbaijan

Direct investment

Unileasing

-

Loan to Unileasing, an Azeri leasing company.

Insurance and financial services

Private

2007

2,081

2,081

0

0

2,081

Azerbaijan

Direct investment

Medium-sized Loan CoFinancing Facility

Unibank

Loan to Caspian supplies to finance construction Manufacturing of a production hall and warehouse, as well as and services working capital financing.

Private

2007

1,248

416

0

0

416

Azerbaijan

Direct investment

Medium-sized Loan Cofinancing Facility

Bank Respublika

Finance to help Veysaloglu Yayichili Gardashlari purchase new confectionery production equipment.

Agribusiness

Private

2008

10,854

2,913

0

0

2,913

Azerbaijan

Direct investment

ETC Non-bank MFI Framework II

Norwegian Microcredit

Investment to increase financing for micro and small enterprises in the ETC and to assist the non-bank microfinance institutions.

Small business Private finance

2008

694

694

0

0

694

Azerbaijan

Direct investment

Medium-sized Loan CoFinancing Facility

Azerdemiryolbank

Loan to SABA, an Azeri ice cream producer, to help construct new premises and purchase new refrigerated delivery vehicles.

Agribusiness

Private

2007

763

381

0

0

381

Azerbaijan

Direct investment

Azer-Yod II

-

Loan to support the expansion of an Azeri iodine Manufacturing producer. and services

Private

2008

12,346

10,403

0

0

10,403

Azerbaijan

Direct investment

Medium-sized Loan Cofinancing Facility

Azerdemiryolbank

Loan to expand the bank's lending activities.

Transport

Private

2008

4,855

2,427

0

0

2,427

Azerbaijan

Regional investment

Aureos Central Asia Fund

-

Equity investment to support medium-sized enterprises in Azerbaijan, Central Asia and Georgia.

Equity funds

Private

2008

709

0

709

0

709

All investments 1991- 2009

136378809.xls.ms_office

All investments 1991- 2009

Country

Type of investment

Project name

Sub project

Description

Sector

Portfolio Class

Year of signing

Total EBRD project loan ( value 000) ( 000) 5,548 5,548

EBRD equity ( 000) 0

EBRD Total EBRD guarantee finance ( 000) ( 000) 0 5,548

Azerbaijan

Direct investment

Azeri Financial Sector Framework

Azerigazbank

Support to local banks for various on-lending facilities.

Small business Private finance

2008

Azerbaijan

Direct investment

AccessBank

-

Syndicated loan for on-lending to micro and small Small business Private enterprises. finance

2008

22,886

6,935

0

0

6,935

Azerbaijan

Direct investment

Medium-sized Loan Cofinancing Facility

Bank of Baku

Finance for the completion of Atlant's new hotel in northern Azerbaijan and the purchase of additional equipment.

Property and tourism

Private

2008

1,907

347

0

0

347

Azerbaijan

Direct investment

Garadagh expansion

-

Financing for the expansion of cement and clinker production facilities.

Manufacturing and services

Private

2009

360,000

120,000

0

0

120,000

Azerbaijan

Direct investment

Azerbaijan Multi-bank Framework

Azerdemiryolbank IV

Financing for small and medium-sized enterprises.

Small business Private finance

2008

9,709

9,709

0

0

9,709

Azerbaijan

Direct investment

Azeri Financial Sector Framework

Bank Respublika Mortgage Finance for on-lending to residential customers.

Bank lending

Private

2008

6,935

2,774

0

0

2,774

Azerbaijan

Direct investment

Azerbaijan Multi-bank Framework

MuganBank III

Short and long-term funding to small and medium-sized Azeri enterprises.

Small business Private finance

2008

3,468

3,468

0

0

3,468

Azerbaijan

Direct investment

Medium-sized Loan Cofinancing Facility

Bank of Baku

Credit line for on-lending to medium-sized businesses.

Telecoms, Private informatics and media

2008

832

347

0

0

347

Azerbaijan

Direct investment

Medium-sized Loan Cofinancing Facility

Azerigazbank

On-lending to small and medium-sized businesses.

Bank lending

Private

2008

1,387

1,387

0

0

1,387

Azerbaijan

Direct investment

ETC Non-bank Microfinance Institution Framework III

Finance for Development

Credit line for on-lending to micro and small enterprises.

Small business Private finance

2009

694

694

0

0

694

All investments 1991- 2009

136378809.xls.ms_office

All investments 1991- 2009

Country

Type of investment

Project name

Sub project

Description

Sector

Portfolio Class

Year of signing

Total EBRD project loan ( value 000) ( 000) 4,161 2,081

EBRD equity ( 000) 0

EBRD Total EBRD guarantee finance ( 000) ( 000) 0 2,081

Azerbaijan

Direct investment

Azeri Financial Sector Framework

Bank Respublika MSME V Credit line for on-lending to micro, small and medium-sized enterprises.

Small business Private finance

2009

Azerbaijan

Direct investment

Unibank

-

Financing to create a foundation for the growth of Bank lending one of Azerbaijans leading independent commercial banks.

Private

2009

35,370

12,830

0

0

12,830

Azerbaijan

Direct investment

Azerbaijan Financial Sector Framework

Demir Bank

Loan for on-lending to micro, small and medium- Small business Private sized enterprises. finance

2009

9,016

4,161

0

0

4,161

Azerbaijan

Direct investment

Azerbaijan Financial Sector Framework

AccessBank

Loan for on-lending to micro and small enterprises.

Small business Private finance

2009

6,935

3,468

0

0

3,468

Azerbaijan

Direct investment

Azerbaijan Multi-bank Framework

MuganBank IV

Short and long-term funding to small and medium-sized Azeri enterprises.

Small business Private finance

2009

1,387

1,387

0

0

1,387

Belarus

Direct investment

Minsk wholesale market

-

Development of modern fruit and vegetable wholesale market complex.

Agribusiness

State

1993

7,362

4,237

0

0

4,237

Belarus

Direct investment

Brest-Minsk-Russian border highway improvement

-

Repair and upgrade of highway linking Minsk to Moscow, Warsaw and Berlin.

Transport

State

1994

87,067

39,468

0

0

39,468

Belarus

Direct investment

Orsha Power Plant modernisation

-

Construction of combined-cycle heat and power plant.

Power and energy

State

1993

28,903

28,903

0

0

28,903

Belarus

Direct investment

Belarus Telecom

-

Development of international and national transit Telecoms, State exchange, digital overlay network, optical fibre informatics and cable links and data and telex transmission. media

1992

26,899

26,899

0

0

26,899

Belarus

Direct investment

SME credit line

-

Credit line to assist small and medium-sized enterprises.

Bank lending

Private

1994

26,007

20,806

0

0

20,806

All investments 1991- 2009

136378809.xls.ms_office

All investments 1991- 2009

Country

Type of investment

Project name

Sub project

Description

Sector

Portfolio Class

Year of signing

Total EBRD project loan ( value 000) ( 000) 2,608 0

EBRD equity ( 000) 2,608

EBRD Total EBRD guarantee finance ( 000) ( 000) 0 2,608

Belarus

Direct investment

Priorbank

-

Equity investment in commercial bank.

Bank equity

Private

1998

Belarus

Direct investment

Direct Investment Facility

Milavitsa

Equity investment in ladies underwear manufacturer.

Manufacturing and services

Private

2000

2,329

0

1,010

0

1,010

Belarus

Direct investment

Regional Trade Facilitation Programme

Priorbank

Support for foreign trade.

Bank lending

Private

2000

1,023

512

0

512

1,023

Belarus

Direct investment

Regional Trade Facilitation Programme

Belgazprombank

Support for foreign trade.

Bank lending

Private

2004

6,018

3,009

0

3,009

6,018

Belarus

Direct investment

Priorbank syndication

-

Extension of short and medium-term loans to private sector clients.

Bank lending

Private

2003

24,967

8,322

0

0

8,322

Belarus

Direct investment

Priorbank syndicated mortgage line

-

Mortgage credit line.

Bank lending

Private

2005

17,338

10,403

0

0

10,403

Belarus

Direct investment

Olivaria

-

Modernisation and expansion of brewery.

Agribusiness

Private

2005

17,148

9,351

4,676

0

14,027

Belarus

Direct investment

Belarus MSE Framework

Belgazprombank

Credit line to Belgazprombank for on-lending to micro and small businesses.

Small business Private finance

2004

4,161

4,161

0

0

4,161

Belarus

Direct investment

SME credit line

Priorbank

Credit line for on-lending to small and mediumsized businesses.

Bank lending

Private

2004

6,935

6,935

0

0

6,935

Belarus

Direct investment

Belarus MSE Financing Facility MinskTransit Bank

Credit line for on-lending to micro and small businesses.

Small business Private finance

2007

2,774

2,774

0

0

2,774

All investments 1991- 2009

136378809.xls.ms_office

All investments 1991- 2009

Country

Type of investment

Project name

Sub project

Description

Sector

Portfolio Class

Year of signing

Total EBRD project loan ( value 000) ( 000) 9,981 3,468

EBRD equity ( 000) 0

EBRD Total EBRD guarantee finance ( 000) ( 000) 0 3,468

Belarus

Direct investment

Belarusian Bank for Small Business

-

Support for private micro and small enterprises in Belarus, particularly in the regions outside of the capital.

Small business Private finance

2008

Belarus

Direct investment

Belarus MSE Framework

Belgazprombank

Credit line for on-lending to micro and small businesses.

Small business Private finance

2005

2,774

2,774

0

0

2,774

Belarus

Direct investment

Belarus MSE Financing Facility Belrosbank

Credit line for on-lending to micro and small businesses.

Small business Private finance

2007

2,774

2,774

0

0

2,774

Belarus

Direct investment

Belarusian Bank for Small Business

-

Equity investment in Belarusian Bank for Small Business

Small business Private finance

2007

7,613

0

1,837

0

1,837

Belarus

Direct investment

Belarus MSE Financing Facility Reconversion and Development Bank

Credit line for on-lending to micro and small businesses.

Small business Private finance

2007

2,081

2,081

0

0

2,081

Belarus

Direct investment

Belarus MSE Financing Facility Belgazprombank

Credit line for on-lending to micro and small businesses.

Small business Private finance

2007

3,468

3,468

0

0

3,468

Belarus

Direct investment

Priorbank Funding Facility

-

Credit line for on-lending to small and mediumsized businesses.

Small business Private finance

2007

13,871

6,935

0

0

6,935

Belarus

Direct investment

Reconversion and Development Bank

-

Investment to enhance private banking and Bank equity enterprise sectors, to support small and medium enterprises and micro and small enterprises lending by Belarusian private banks. Credit line for on-lending to micro and small businesses.

Private

2008

6,071

1,193

3,578

0

4,771

Belarus

Direct investment

Belarus MSE Financing Facility Minsk Transit Bank II

Small business Private finance

2007

6,935

6,935

0

0

6,935

Belarus

Direct investment

Pinskdrev

-

Financing the modernisation of a wood product plant.

Manufacturing and services

Private

2009

10,403

5,201

5,201

0

10,403

All investments 1991- 2009

136378809.xls.ms_office

All investments 1991- 2009

Country

Type of investment

Project name

Sub project

Description

Sector

Portfolio Class

Year of signing

Total EBRD project loan ( value 000) ( 000) 1,846 923

EBRD equity ( 000) 0

EBRD Total EBRD guarantee finance ( 000) ( 000) 923 1,846

Belarus

Direct investment

Regional Trade Facilitation Programme

ZAO Minsk Transit Bank

Support for foreign trade

Bank lending

Private

2007

Belarus

Direct investment

Belarus MSE Financing Facility Belgazprombank

Five-year funding to on-lend to entrepreneurs.

Small business Private finance

2008

27,741

27,741

0

0

27,741

Belarus

Direct investment

Regional Trade Facilitation Programme

Belrosbank

Support for foreign trade.

Bank lending

Private

2008

347

0

0

347

347

Belarus

Direct investment

Belarus MSE Financing Facility Minsk Transit Bank III

Loan for on-lending to micro, small and medium- Small business Private sized enterprises. finance

2009

6,935

6,935

0

0

6,935

Belarus

Direct investment

Direct Investment Facility

Buslik

Investment in supermarket chain specialising in children's goods.

Manufacturing and services

Private

2009

2,081

0

2,081

0

2,081

Belarus

Regional investment

Almaz Capital Russia Fund I

-

The Fund will make equity and equity-related Equity funds venture capital investments in companies based in Russia and the CIS.

Private

2009

1,345

0

416

0

416

Bosnia and Direct Herzegovina investment

Emergency telecommunications reconstruction

-

Reconstruction of telecommunications network, with provision for eventual privatisation.

Telecoms, State informatics and media

1998

66,110

17,464

0

0

17,464

Bosnia and Direct Herzegovina investment

Emergency transport reconstruction

-

Upgrade of airports, air navigation systems, roads and bridges.

Transport

State

1996

83,466

22,685

0

0

22,685

Bosnia and Direct Herzegovina investment

Emergency power reconstruction

-

Emergency reconstruction of war-damaged power generation, transmission and distribution facilities.

Power and energy

State

1997

98,059

14,065

0

0

14,065

Bosnia and Direct Herzegovina investment

Zagrebacka Banka

-

Equity investment in Zagrebacka Banka.

Bank equity

Private

1997

1,011

0

1,011

0

1,011

All investments 1991- 2009

136378809.xls.ms_office

All investments 1991- 2009

Country

Type of investment

Project name

Sub project

Description

Sector

Portfolio Class

Year of signing

Total EBRD project loan ( value 000) ( 000) 7,021 0

EBRD equity ( 000) 510

EBRD Total EBRD guarantee finance ( 000) ( 000) 0 510

Bosnia and Direct Herzegovina investment

US/EBRD SME Finance Facility

ProCredit Bank Bosnia

Equity investment to ProCredit Bank Bosnia.

Small business Private finance

1997

Bosnia and Direct Herzegovina investment

Horizonte Bosnia and Herzegovina Enterprise Fund

-

Equity investment in private enterprises or enterprises undergoing privatisation.

Equity funds

Private

1998

16,926

0

4,650

0

4,650

Bosnia and Direct Herzegovina investment

Raiffeisen Bank

-

Extension of medium and long-term loans to private corporate clients.

Bank equity

Private

1997

2,392

2,392

0

0

2,392

Bosnia and Direct Herzegovina investment

Sarajevska Pivara

-

Modernisation of brewery and expansion into soft Agribusiness drink production.

Private

1997

10,737

3,093

0

0

3,093

Bosnia and Direct Herzegovina investment

Pivara Tuzla

-

Modernisation of brewery and improvement of product quality.

Agribusiness

Private

2000

9,357

6,135

0

0

6,135

Bosnia and Direct Herzegovina investment

Bosnia and Herzegovina SME UniCredit Zagrebacka framework Banka

Credit lines to assist small and medium-sized enterprises.

Bank lending

Private

1999

4,250

2,805

0

0

2,805

Bosnia and Direct Herzegovina investment

US/EBRD SME Finance Facility

ProCredit Bank Bosnia

Equity investment to ProCredit Bank Bosnia.

Small business Private finance

1999

5,768

0

256

0

256

Bosnia and Direct Herzegovina investment

Bosnia and Herzegovina SME UPI Banka framework

Credit lines to assist small and medium-sized enterprises.

Bank lending

Private

1999

4,034

1,650

0

0

1,650

Bosnia and Direct Herzegovina investment

Bosnia and Herzegovina SME Raiffeisen Bank framework

Credit lines to assist small and medium-sized enterprises.

Bank lending

Private

1999

2,500

1,650

0

0

1,650

Bosnia and Direct Herzegovina investment

Regional Trade Facilitation Programme

UPI Banka

Support for foreign trade.

Bank lending

Private

2000

150

0

0

150

150

All investments 1991- 2009

136378809.xls.ms_office

All investments 1991- 2009

Country

Type of investment

Project name

Sub project

Description

Sector

Portfolio Class

Year of signing

Total EBRD project loan ( value 000) ( 000) 64,928 20,928

EBRD equity ( 000) 0

EBRD Total EBRD guarantee finance ( 000) ( 000) 0 20,928

Bosnia and Direct Herzegovina investment

Railways recovery

-

Improvements to section of Pan European Corridor V railway.

Transport

State

2001

Bosnia and Direct Herzegovina investment

Electric power reconstruction

-

Installation of power monitoring, control and energy management systems.

Power and energy

State

2000

52,269

52,269

0

0

52,269

Bosnia and Direct Herzegovina investment

US/EBRD SME Finance Facility

ProCredit Bank Bosnia

Credit line to ProCredit Bank Bosnia for onlending to micro, small and medium-sized businesses.

Small business Private finance

2000

19,094

2,684

0

0

2,684

Bosnia and Regional Herzegovina investment

TBIH Financial Services

-

Expansion of insurance and pension operations in central and eastern Europe.

Insurance and financial services

Private

2000

2,135

428

857

0

1,285

Bosnia and Direct Herzegovina investment

Raiffeisen Bank

-

Syndicated loan enabling bank to extend medium Bank lending and long-term loans to private corporate clients

Private

2001

4,994

4,994

0

0

4,994

Bosnia and Direct Herzegovina investment

US/EBRD SME Finance Facility

ProCredit Bank Bosnia

Equity investment to ProCredit Bank Bosnia.

Small business Private finance

2001

3,580

0

407

0

407

Bosnia and Direct Herzegovina investment

Bosnia and Herzegovina SME UniCredit Zagrebacka framework Banka

Credit lines to assist small and medium-sized enterprises.

Bank lending

Private

2002

2,500

2,500

0

0

2,500

Bosnia and Direct Herzegovina investment

Bosnia and Herzegovina SME Raiffeisen Bank framework

Credit lines to assist small and medium-sized enterprises.

Bank lending

Private

2001

2,500

2,500

0

0

2,500

Bosnia and Direct Herzegovina investment

Bosnia and Herzegovina SME UPI Banka framework

Credit lines to assist small and medium-sized enterprises.

Bank lending

Private

2002

2,500

2,500

0

0

2,500

Bosnia and Direct Herzegovina investment

UPI Banka

-

Equity investment in UPI Banka.

Bank equity

Private

2002

7,883

5,255

2,628

0

7,883

All investments 1991- 2009

136378809.xls.ms_office

All investments 1991- 2009

Country

Type of investment

Project name

Sub project

Description

Sector

Portfolio Class

Year of signing

Total EBRD project loan ( value 000) ( 000) 94,094 29,095

EBRD equity ( 000) 0

EBRD Total EBRD guarantee finance ( 000) ( 000) 0 29,095

Bosnia and Direct Herzegovina investment

Telekom Srpske

-

Expansion of fixed and mobile networks and preparation for privatisation.

Telecoms, State informatics and media

2002

Bosnia and Direct Herzegovina investment

Bosnia and Herzegovina SME Volksbank framework

Credit lines to assist small and medium-sized enterprises.

Bank lending

Private

2003

2,500

2,500

0

0

2,500

Bosnia and Regional Herzegovina investment

Marbo

-

Regional expansion of snack food producer's operations.

Agribusiness

Private

2003

9,831

3,900

0

0

3,900

Bosnia and Direct Herzegovina investment

Regional road development programme

-

Construction of Sarajevo by-pass and road connecting to Pan-European Corridor X.

Transport

State

2004

236,000

70,000

0

0

70,000

Bosnia and Regional Herzegovina investment

Raiffeisen International

-

Equity investment supporting growth of Bank equity Raiffeisen International's business in Bosnia and Herzegovina.

Private

2004

10,000

0

5,000

0

5,000

Bosnia and Direct Herzegovina investment

Volksbank subordinated debt

-

Extension of credit lines to assist small and medium-sized enterprises and local entrepreneurs.

Bank lending

Private

2003

7,500

7,500

0

0

7,500

Bosnia and Regional Herzegovina investment

Grand

-

Cross-border expansion of coffee producer's operations and product development.

Agribusiness

Private

2003

9,500

2,750

0

0

2,750

Bosnia and Direct Herzegovina investment

Direct Investment Facility

Primus

Purchase of machinery to boost production of wood, laminate and aluminium products.

Manufacturing and services

Private

2004

780

0

780

0

780

Bosnia