Contents tagged with EBRD

  • European Bank for Reconstruction and Development proposes candidates for the supervisory board of Ukraine's Naftogaz

    The European Bank for Reconstruction and Development (EBRD) has provided Ukraine with a list of new independent candidates for the Supervisory Board of Naftogaz of Ukraine, said the president of the bank, Suma Chakrabarti in an interview with Voice of America.

    "We have provided the government with a list of possible candidates, those who, in our opinion, are interested and will be able to form a new council as soon as possible. We are now waiting for the government's response," Chakrabarti …

  • Head of European Bank of Reconstruction and Development: Corruption prevents bringing Ukrainian economy out of the darkness into light

    Ukraine needs to strengthen its fight against corruption and continue reforms, the President of the European Bank of Reconstruction and Development (EBRD), Suma Chakrabarti, believes.

    "European studies indicate the progress made in Ukraine. According to the American Chamber of Commerce, there are more investments and invertors now in Ukraine than ever, but we must admit: this is still not enough. The country has to do much more to strengthen the rule of law and respect of ownership, as well as …

  • European Bank for Reconstruction and Development to allocate 30 million for direct investments in Ukraine

    The European Bank for Reconstruction and Development (EBRD) decided to allocate $30 million to the Emerging Europe Growth Fund III, L.P. (EEGF III). It is a direct investment fund, launched by Horizon Capital for investments, mainly into Ukraine, as reported by Anton Usov, EBRD's Senior Communications Advisor.

    "The EBRD is investing $30 million into the Emerging Europe Growth Fund III, which will invest in the shared capital of small and medium-sized enterprises in Ukraine. The goal for the …