You are using an outdated browser. Please upgrade your browser to improve your experience.
Up

The European Bank for Reconstruction and Development (EBRD) is providing a US$ 5 million financial package to Inecobank in Armenia to facilitate the private sector’s transition to more sustainable, low-carbon and climate-resilient practices. The project is supported by the European Union with €523,000 of grant incentives.

The funding will be used by local SMEs for investments in climate-change mitigation and adaptation as well as for upgrading technologies and services to EU standards while promoting the use of green technologies. 

The package comes under the EU4Business-EBRD Credit Line, a flagship initiative helping local companies increase their competitiveness at home and abroad by upgrading their production facilities and processes to EU standards. 

Latest news
am
06.12.2021
On 12 November, the EU Delegation to Georgia and United Nations Development Programme (UNDP) officially announced the start of the second phase of the Mayors for Economic Growth facility.
am az by ge md ua
20.09.2021
Since the outbreak of COVID-19 in early 2020, the EU, EU Member States and European financial institutions, as Team Europe, have disbursed €34 billion in support to partner countries in addressing the pandemic and its consequences, delivering on their promises with concrete results.
am az by ge md ua
14.09.2021
The report published today shows that nearly 72,000 companies in Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine received assistance from EU4Business and managed to create over 50,000 new jobs.

Cookies
This site uses cookies to offer you a better browsing experience. Find out more
I refuse cookies
I accept cookies