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 EUR546 million. Cumulative EBRD investments in Romania have now topped the EUR10 billion mark.
The previous record for EBRD Romanian investments, in 2009, was EUR720 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 EUR436 million – 61% of the total.
The EBRD’s business volume in Romania this year was mainly attributable to the private sector, with 75% of investments supporting private entities.
Romania’s active portfolio amounts more than EUR2.5 billion which, together with annual investment volumes, places the country as one of the top countries in which the EBRD operates.
Overall, EBRD green economy financing reached 50% of total business volume in 2022, meeting the Bank’s pledge to make at least half its financing green by 2025 for the second year running. A leader in climate finance, the EBRD announced in December that it had fulfilled a second pledge to align all its activities with the goals of the Paris Agreement on limiting climate change.
In 2022, the Bank provided EUR1.7 billion to support the real economy in Ukraine and mobilised a further EUR200 million from partner banks.