EBRD increased value of investments by 16% - record 5.6m EUR for transition countries in 2007

European Bank for Rehabilitation and Development (EBRD) increased the value of investments in 2007 by 16%, to record 5.6 billion EUR, first of all, due to investments in the countries in early and middle phase of transition, including Serbia.

In the countries in the mid-phase of transition - Albania, Belarus, BiH, Bulgaria, Kazakhstan, Macedonia, Serbia, Romania, Turkmenistan, Montenegro and Ukraine, total of 39.82% of funds was invested, that is, 2.23 billion EUR.

In the countries in the early phase of transition - Armenia, Azerbeijan, Georgia, Kyrgystan, Moldova, Tajikistan, Uzbekistan and Mongolia, 7.4% of total funds, that is 416m EUR, were invested, which is the 43% increase when compared to 2006.

The scope of operations in Russia reached 2.3 billion EUR, 400m EUR more than in 2006. That is 41% of EBRD's operations.