EBRD - CorD Magazine

The European Bank for Reconstruction and Development

Competitiveness boost for SMEs in Serbia

13th March 2019

Around 130 small businesses to benefit from EU-EBRD support Companies to increase competitiveness on regional and EU markets 900 Serbian SMEs to date received support...

EBRD Transition Report 2018-19

20th February 2019

The European Bank for Reconstruction and Development (EBRD) and the National Bank of Serbia present the "EBRD Transition Report 2018-19" Read more

EBRD Transition Report 2018-19 presented

20th February 2019

The European Bank for Reconstruction and Development (EBRD) and the National Bank of Serbia present the "EBRD Transition Report 2018-19" "Transition Report" is the main...

EBRD’s first investment in local currency bond in Serbia

20th February 2019

Strengthening the development of the local capital market The EBRD is supporting the development of the local capital market in Serbia by investing 542 million...

EBRD invested €395 million in Serbia in 2018

17th January 2019

The EBRD confirmed its commitment to Serbia in 2018, with investments of €395 million in 18 new projects. Fostering competitiveness of the private sector, supporting...

EBRD boosts green finance for Serbian SMEs and cities

25th October 2018

• Banca Intesa receives €15 million loan for boosting energy efficiency • Programme to support investments in corporate and municipal green technology projects • EU...

EBRD and Addiko Bank support SMEs in Serbia

19th September 2018

Private enterprises in Serbia will benefit from improved access to finance under a new €20 million line which the EBRD is providing to Addiko Bank...

EBRD and UniCredit Boost Energy Efficiency in Serbia

7th September 2018

The EBRD is providing a loan of up to €5.1 million to UniCredit, the second-largest bank in Serbia, to enhance its financing of the...

EBRD Director for the Western Balkans

Zsuzsanna Hargitai

28th August 2018

Zsuzsanna Hargitai has been appointed as the new Director of the EBRD for the Western Balkans. Based in Belgrade, she will also head the...

The EBRD Approves €10 Million Credit To Addiko Bank For SMEs

5th April 2018

The European Bank for Reconstruction and Development (EBRD) has signed a new agreement with Addiko Bank on approving a credit line from the Trade...

Sir Suma Chakrabarti, EBRD President

We Have Great Expectations Of Serbia

28th February 2018

Serbia is very important to the EBRD and to me, as President. I believe it is one of our benchmark relationships. Provided that reforms continue, I believe there is potential to increase EBRD investments in Serbia and to make it one of our top five investment destinations

EBRD WB Investment Summit Regional Investment Platform For WB Launched

26th February 2018

A new electronic tool has been launched at the EBRD Western Balkans Investment Summit in London which will facilitate market access and raise the...

Serbia To Upgrade Railway Maintenance Depot With EBRD Loan

7th December 2017

The EBRD is providing loans totalling €47 million to the Serbian railway passenger operator JSC Srbija Voz to finance the expansion and upgrade of...

Regional Investment Platform

26th November 2017

An online regional investment platform with all information important for an overview of the investment and business climate and for taking decisions about investment...

EBRD Signed Three Credit Lines With Banca Intesa And Intesa Leasing

13th November 2017

The European Bank for Reconstruction and Development-EBRD has signed three credit lines with Banca Intesa and Intesa Leasing for a total value of EUR...

IFC And EBRD Help Boost Supply of Clean Energy in Serbia

17th October 2017

The European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC) are providing a €215 million loan to Čibuk 1 wind farm, the largest wind project in Serbia and the Western Balkans to date

Daniel Berg, EBRD Director For Serbia

Serbia Must Address “Transition Gaps”

31st August 2017

EBRD activities in Serbia continue to be focused on improving the governance of stateowned and private companies, supporting investments that help increase innovation and productivity, strengthening the resilience of the economy and promoting green initiatives, such as investments in renewable energy

Daniel Berg, EBRD Director For Serbia

More Robust Growth Demands Further Reform

30th June 2017

Serbia should target annual growth of around four to five per cent in the medium term, in order to achieve meaningful convergence with developed countries. This requires further reforms in support of investment and economic resilience. The EBRD is already helping in this process, but also has new initiatives in line with its expertise

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April 2019, no 174 issue

April 2019 issue, no 174

CorD 1st April 2019

Sebastian Kurz, Chancellor of Austria

The Balkans Impact Austria Directly

Interviews 1st April 2019

Any solution (for Kosovo) needs to have the support of the major powers, particularly the permanent members of the Security Council. We have an interest in being in close partnership with the United States regarding the Western Balkans and to have their support in encouraging progress on this important issue – Sebastian Kurz

Matthew Palmer, U.S. Department of State

United States Does Not Offer Ready-Made Solutions

Interviews 1st April 2019

The [normalisation] process and the agreement itself should be locally-owned; only in this way can it be durably implemented in both Kosovo and Serbia. United States encourages the parties to demonstrate their full ownership of the process, reduce negative rhetoric, and work together constructively toward an agreement – Matthew Palmer

Choe Hyoung-chan, Korean Ambassador to Serbia

Complete Denuclearisation for Peace on the Korean Peninsula

Interviews 1st April 2019

No more provocative testing of missiles or nuclear weapons by North Korea and a level of continued cooperation between the South and North are the top outcomes evolving ever since last year’s inter-Korean summits – Ambassador Choe Hyoung Chan

Focus: HEALTH INSURANCE

Do We Have the Right Medicines?

Focus 1st April 2019

Every time we hear that patients in the region have access to much more advanced medicines than us in Serbia, despite paying the same or less than us for healthcare, we wonder what’s wrong with our system. The answer is a complex one

Dejan Nikolić, Belgrade Marathon Director

Year of Recognition and Obligation

Interviews 1st April 2019

As in each of the previous 31 years, the build up to this year’s 32nd Belgrade Marathon again sees its director, Dejan Nikolić, and all of his colleagues overwhelmed by obligations that they overcome one after another, but this time they’re also receiving invaluable international acknowledgements one after another

Giuseppe Conte, Italian Prime Minister

Sincere Friendship Binds Our Peoples

Comment 1st April 2019

With this mission I wanted to confirm the priority attention that Italy reserves to Serbia and also the importance of the stability of the European perspective for the entire Balkan region: the sincere friendship that binds our peoples and our countries even during the most difficult stages between Serbia and the West

Vojkan Krstić, Chief of the Serbian Rescue Centre

Humanitarian Who United All Nations of the Region

Business Dialogue 1st April 2019

Vojkan Krstić had a series of sporting successes at an early age, then his entrepreneurial spirit led him into the sphere of private business, while he today owns a successful construction company and is a great humanitarian. He is well known across the entire for caring about the poor and helpless, including animals

Nebojša Janićijević, President of the Intesa Leasing Executive Board

We’re a Reliable Partner

Business Dialogue 1st April 2019

The leasing industry has experienced double-digit growth in Serbia in recent years, both in terms of demand and sales, and distinguishing itself in this domain is company Intesa Leasing, which is achieving stable, controlled and diversified growth at a tempo faster than that of the market

Renata Matusinović, Business Executive Officer for Food Category, Member of the Managing Board - Nestlé South East Market

Personal Contribution and Visibility of Each Team Member Are Keys to Success

Business Dialogue 1st April 2019

Nestlé has around 328,000 employees worldwide, with 700 in the Adriatic region that covers seven markets: Croatia, Serbia, Bosnia- Herzegovina, North Macedonia, Montenegro, Kosovo and Slovenia

Kruna Gavović, CEO, The Lean Six Sigma Company CEE

Investing in Personnel Strengthens Companies

Business Dialogue 1st April 2019

The Lean Six Sigma Company has multiple offices in Europe, and the one for CEE region is located in Serbia

Economy

What’s Wrong With Contemporary Capitalism?

Comment 1st April 2019

Behind today’s populist upheavals is a widespread recognition that the economy no longer serves the public good, or even the interests of most of its participants. To understand why, one must identify what has been lost amid so much material technological gain

Martin Varsavsky

Founder Of Eight Successful Businesses

Entrepreneurship 1st April 2019

Serial entrepreneur Martin Varsavsky has founded eight businesses, including two that garner valuations exceeding $1 billion, while many have been funded by big-name firms, such as Google Ventures, Microsoft and Sequoia Capital

Neda Todorović PhD, University Professor, Journalist, Writer, Editor

Professionalism, First And Foremost

Profile 1st April 2019

At the Faculty of Political Science in Belgrade, I took the path from a student of journalism to a fully tenured professor. I founded journalism departments at the Faculty of Philosophy in Banja Luka, the Faculty of Music in Belgrade and at ALU. I furthered my studies at London City University

Contemporary Art: Mexico

Innovative, Vibrant & Thriving Artism

Art 1st April 2019

Innovative, vibrant and thriving are the words that could describe Mexican art. From pre-Columbian times through today, the art of Mexico makes quite an...

Nena Stoiljković, IFC Vice President for Asia and the Pacific

Give Your Best in Whatever You Do

My Life 1st April 2019

Never cut corners or say that you’ll do something halfway or half-heartedly – this is the philosophy of Nena Stoiljković. It has brought her through many challenges and led her to rewarding positions within the IFC. However, in contrast to the stories of many successful women, she wasn’t forced to sacrifice a family for a stellar career. Still, nobody would say that it was easy for her to strike the right balance: her recent jobs have all been global, requiring lots of travel to Asia and Africa

Fashion

The Sneakers Revolution

Fashion 1st April 2019

The mainstream footwear of the fashion world today has shifted to sneakers matched with dresses, Vintage gym shoes with formal business suits, and the wedding guest look made of mesh and rubber, not genuine leather

Comment by Pavle Petrović, President of the Fiscal Council of Serbia

Why is Serbia’s economy growing slower than CEE economies?

Comment 27th March 2019

The Serbian economy has been a growth underachiever for almost a decade, and that is the major structural issue at present. As a result,...

Twenty Years Since the Bombing of Serbia

News 20th March 2019

The 20th anniversary of the launch of the one-sided U.S. and NATO war against Yugoslavia on 24th March, which saw bombing nationwide across Serbia...

#1 Of 5 Million

Protests Radicalised

News 20th March 2019

Protests that began in December last year, among citizens and part of the political opposition against President Aleksandar Vučić and the Serbian government were...

March 2019 issue, no 173

CorD 1st March 2019

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