The country strategy, approved in November 2006, stipulates that the Bank’s activities in Slovenia will be consistent with the strategic outline for the years 2006-10 agreed upon in the Capital Resources Review (CRR 3) with respect to graduation.
Slovenia is an advanced transition country, with the highest GDP per capita among the Bank’s countries of operations. The country has recorded solid growth with low inflation and was the first among the Central Europe and Baltic (CEB) countries to adopt the euro in January 2007. However, transition is not yet complete and a number of key challenges remain, particularly in large-scale privatisation and institutional reform.
Enterprise sector
The EBRD will provide equity and structured debt for local companies to fund their growth, in particular in the context of cross-border expansion. It will support foreign direct investment (FDI) by medium-sized companies with higher risk products not offered by the private sector, particularly in regions of higher unemployment facing specific transition challenges. The Bank will also stand ready to support viable privatisation structures of the remaining state enterprises.
Financial sector
The Bank will offer capital market products to companies and financial institutions such as bonds and asset backed securities. The Bank will work on innovative products and support equity funds for Slovene corporate sector investments in the region. If there is a need, the Bank will also support the privatisation, consolidation, restructuring and, where appropriate, the integration of banking and insurance sectors to better serve the needs of the economy.
Infrastructure and environment
The Bank will strive to facilitate private sector involvement in infrastructure development.