Taipei City-based International Cooperation Development Fund (TaiwanICDF) and London-headquartered European Bank for Reconstruction and Development inked a memorandum of understanding March 1 on jointly promoting sustainable energy and resource investments. Concluded at a signing ceremony in the ROC capital, the memorandum clears the way for the parties to foster...

The European Investment Bank (EIB) and Banca Comerciala Romania S.A. (BCR) signed a further EUR 50 million loan agreement to finance projects to be carried out by small and medium-sized enterprises (SMEs), midcap companies and public entities in Romania. The EIB loan will co-finance projects contributing towards regional development and the productivity of SMEs...

Investments to strengthen equipment producer for food industry In line with its policy to strengthen competitive, innovative and export-oriented local companies the EBRD is extending a loan of up to €3 million to Bulgaria’s Biomashin, a manufacturer specialised in the design and production of technological equipment for the food-processing, pharmaceutical...

Loans to upgrade Gestamp auto-parts plants in Russia, Hungary, Poland and Turkey An EBRD long-term loan of EUR 150 million will back the investments of Gestamp Automocion SA, one of the world’s leading manufacturers of auto parts. It is aimed at upgrading its Russian, Polish, Hungarian and Turkish plants which supply assembly lines set up by major international...

The local unit of American contract electronics manufacturer Jabil Circuit is the next company with whom the government of Hungary will sign a strategic cooperation agreement, a resolution published in the official gazette Magyar Közlöny shows. Jabil Circuit Magyarország has a service centre in Szombathely, a production base in Tiszaújváros...