Romania Tops EBRD List of Investments

World | March 8, 2004, Monday // 00:00

Fourteen Romanian projects engulfed financial support of EUR 385 M in 2003, Romania's Ziua Daily informed on Monday. Except for Russia, Romania attracted the most significant level of EBRD investments in Europe over last year. The international financial institution turned out to be the most important investor in the country, with a total of EUR 2,36 B investments. The latest Romania-based project of the EBRD is the purchase of 25 % stake at the Romanian Commercial Bank, along with the Investment Department of the World Bank. The transaction amounted to EUR 22 M.

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