“The figure for Romania in 2013 was around EUR510 million and we expect another strong year in 2014,” EBRD’s Head of Media Relations Anthony Williams told Mediafax in an email.
The UK-headquartered bank initially estimated total investments of some EUR600 million in Romania in 2013, similar to the level reported in the previous year.
“A couple of projects that might have been concluded before the end of 2013 will now be done in 2014,” Williams said.
A list of EBRD investments in Romania last year includes the acquisition of a 1.9% stake in state-run natural gas producer Romgaz (SNG.RO) via an initial public offering on the Bucharest Stock Exchange, a EUR225 million syndicated loan to telecom operator Cosmote Romania, as well as several projects aimed at improving water supply services in various localities in the country.
Worldwide, EBRD invested EUR8.5 billion in 2013, slightly down from EUR8.9 billion in the previous year.