The EBRD provided last year EUR 709 million worth of investments in 32 operations in Romania, topping the EUR 10 billion mark, the world lender said in a release, according to Agerpres.

This was the highest level of EBRD investment in Romania in more than a decade, the second highest level ever achieved, and substantially above the EBRD’s 2021 figure of EUR 546 million.

The previous record for EBRD Romanian investments was in 2009, at EUR 720 million across 23 investments.

The 2022 figures were achieved in the face of a challenging global economic environment in the wake of Russia’s war on Ukraine – confirming the EBRD’s consistent role in support to its countries of operations and clients.

Of total investments in Romania, green economy investments added up to EUR 436 million – 61 percent of the total.

The EBRD’s business volume in Romania this year was mainly attributable to the private sector, with 75 percent of investments supporting private entities.

Romania’s active portfolio amounts more than EUR 2.5 billion which, together with annual investment volumes, places the country as one of the top countries in which the EBRD operates.

Agerpres