The EBRD is a leading institutional investor in Romania and to date has invested over EUR8.3 billion in the country, primarily in the private sector.
In the period 2020-2025, EBRD investments and policies in Romania will support investment in sustainable infrastructure and regional development, productivity through corporate expansion and skills upgrade, and the expansion of financial intermediation and capital markets.
EBRD said it was well placed to support modernization of the Romanian economy, including helping to mitigate the impact of Covid-19 and support the recovery of the economy.
EBRD will focus its activities on supporting Romanian companies to become more competitive, improve product and process innovation, and increase technological penetration. It will continue to sustain the diversification and sophistication of the financial sector by contributing to the development of local capital markets and local currency financing solutions, and by working with banks and non-bank financial institutions to increase access to finance and financial penetration, including to SMEs, it said in its latest strategy.