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EBRD Directors visit Albania and Montenegro

By EBRD  Press Office

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A delegation from the EBRD’s Board of Directors, which represents the Bank’s shareholders, will visit Albania and Montenegro during the period of 17 – 22 June 2012.

The visit is part of a regular series of consultations that enable EBRD Directors to obtain up-to- date information on developments in the countries in which the Bank invests.

Representatives of the EBRD Board on this visit will include:

Memduh Akcay, representing Turkey, Romania, Azerbaijan and Kyrgyz Republic

  • Enrique Bal, representing Spain and Mexico
  • Anthony Bartzokas, representing Greece and Portugal
  • Werner Gruber, representing  Switzerland, Ukraine, Liechtenstein, Turkmenistan, Serbia,  Montenegro and Moldova
  • Thomas Hackett, representing the European Investment Bank
  • Jan Maas, representing Netherlands, Mongolia, FYR Macedonia and Armenia
  • Robert McMullan, representing Australia, Korea, New Zealand and Egypt
  • Nobuyuki Oyama, representing Japan
  • Stefka Slavova, representing Bulgaria, Poland and Albania

During their visit to Montenegro, between 17 – 20 June 2012, the EBRD delegation will have meetings with Filip Vujanovic, the President of Montenegro, Igor Luksic, Prime Minster of Montenegro, Milorad Katnic, Minister of Finance, Milan Rocen, Minister of Foreign Affairs and EU Integrations, Andrija Lompar, Minister of Transport and Maritime Affairs, Radoje Zugic, Governor of the Central Bank of Montenegro as well as members of the Montenegrin parliament.

While in Albania, between 20 – 22 June 2012, the EBRD Board directors will meet Edmond Haxhinasto, Deputy Prime Minister, Ridvan Bode, Minister of Finance, and Lulzim Basha, Mayor of Tirana.

The EBRD delegation will also have meetings with representatives from international financial institutions, members of the business and diplomatic community, as well as from civil society in Montenegro and Albania. 

The purpose of the visit is to get an update on the priorities of the Montenegrin and Albanian economies and the expected role of the EBRD in the two countries.

Since the beginning of its operations in Montenegro, the EBRD has invested about €300 million in the country’s economy. In Albania the Bank has committed €665 million in various sectors to date.

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