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EBRD shareholder representatives visit Croatia
A delegation of the EBRD Board of Directors arrives in Croatia on Monday for a
5-day visit that involves meetings with Damir Polančec, Deputy Prime Minister
of Croatia, Ivan Suker, Finance Minister and other senior government
representatives and mayors. They will also meet with local and foreign
business leaders, representatives from the international community based in
Croatia and they will visit projects in which the EBRD has invested.
The Board of Directors, which approves all EBRD investments, represents the
Bank’s 63 shareholders - 61 countries plus the European Community and the
European Investment Bank. Their visit aims to underline the Bank's commitment
to support investments in Croatia and to help Directors better understand the
country's investment climate and reform efforts.
Representatives of the Board in the delegation include László Andor,
representing Hungary, Czech Republic, Slovak Republic and Croatia; Hedva Ber,
representing Israel, Austria, Cyprus, Malta, Kazakhstan and Bosnia and
Herzegovina; Walter Cernoia, representing the European Investment Bank; Jari
Gustafsson, representing Finland, Norway and Latvia; Vassili Lelakis,
representing the European Community; Turan Öz, representing Turkey,
Switzerland, Lichtenstein, Uzbekistan, Kyrgyz Republic, Azerbaijan,
Turkmenistan, Montenegro and Serbia; Baldur Pétursson, representing Iceland,
Sweden and Estonia and Pavel Štĕpánek, representing Czech Republic, Hungary,
Slovak Republic and Croatia. The Directors will be accompanied by Charlotte
Ruhe, Director for Croatia.
The EBRD is the largest single investor in Croatia, with more than €1.7
billion invested in over 78 projects in sectors ranging from agribusiness to
banking and infrastructure to supporting small and medium-sized enterprises.
Working with its public and private sector partners, the Bank has mobilised
around €2.8 billion in additional investments.
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