EBRD lends 30 mln euro to Romania's Banca Transilvania to back SMEs

A third of the financing will be provided under the EBRD’s Romania SME Sustainable Energy Financing Facility (RoSEFF) and will be dedicated specifically to energy efficiency and small scale renewable energy projects, the EBRD said in a statement.

Since the beginning of its operations, the EBRD has invested about 6.0 billion euro in Romania, mobilising over 11 billion euro for the projects from other sources of financing.

($=0.7662 euro)