Discussions will focus on the investment climate, ways to finance local companies, support the development of infrastructure and increase the flow of foreign investment to the country, the European Bank for Reconstruction and Development said in a statement.
The visit will provide an opportunity to introduce Mark Davis, who will start his new position as Regional Director for Romania and Bulgaria based in Bucharest on 1 April 2019. The delegation is also joined by Charlotte Ruhe, Managing Director, Central and South Eastern Europe, and Matteo Patrone who led EBRD operations during in Romania and Bulgaria between 2015 and 2018 and has recently been appointed Managing Director, Eastern Europe and the Caucasus.
The EBRD is a leading institutional investor in Romania and to date has invested over EUR8.3 billion in the country. In 2018 alone, it committed over EUR400 million across various sectors of the Romanian economy.
“The Bank stands ready to further ramp up investment, including through corporate finance, public-private partnerships, infrastructure project finance, privatization of state-owned enterprises and support for small businesses. I am looking forward to discussing business environment reforms with the government to unlock Romania’s investment potential,” said Rigterink.
The three-day visit includes meetings with Prime Minister Viorica Dancila, finance minister Eugen Teodorovici, and central bank governor Mugur Isarescu. The EBRD delegation will also hold talks with representatives of the business community.