EBRD Invests Record €955M In Romania In 2025, Up from €707M In 44 Projects In 2024, Driving Green Transition And Private Sector Growth

In 2025, the European Bank for Reconstruction and Development (EBRD) invested a record €955 million in 37 projects in Romania, marking a significant increase from the €707 million invested across 44 projects in 2024. This growth reflects Romania’s expanding ability to attract investment and its continued focus on green development and private-sector-led growth. According to Victoria Zinchuk, EBRD Director for Romania, this represents the largest annual business volume the Bank has ever achieved in the country since it began investing there in 1992, underscoring both the trust of clients and the strength of Romania’s economy.

Green financing remained a central priority for the EBRD in Romania last year. In 2025, 81 per cent of investments in the country were directed toward the green economy, a figure well above the Bank’s overall regional average. The projects implemented are expected to reduce annual CO₂ emissions by over one million tonnes, demonstrating Romania’s growing alignment with EU climate and energy targets.

Among the key initiatives was a €192 million financing package signed in November for three major solar plants – Slobozia, Corbii Mari, and Iepurești II. Together, these facilities will provide 531 MW of new capacity and generate around 676 GWh of green electricity per year. The projects benefit from the Contracts for Difference price stabilisation scheme, which the EBRD has supported to promote the expansion of renewable energy in the country.

Another major project involved a €180.3 million EBRD loan signed in May, part of a €400.6 million financing package for the redevelopment of an industrial site in Cluj-Napoca. This transformational project will create a mixed-use district combining retail, office, cultural, and entertainment spaces, alongside significant local infrastructure improvements, supporting urban regeneration and economic development in Romania’s second-largest city.

Collaboration with private corporates, banks, equity partners, and municipalities remained strong throughout the year. Private-sector projects accounted for 86 per cent of the EBRD portfolio in Romania, with financing directed toward local companies and financial institutions to strengthen supply chains, enhance competitiveness, and foster innovation.

The Bank also continued its policy engagement with Romanian authorities, particularly on initiatives supporting the green transition, energy market reform, and the mobilisation of private capital. Technical cooperation programmes played a key role in advancing Romania’s implementation of EU initiatives such as Fit for 55 and REPowerEU, providing a solid foundation for further investment in renewable energy and energy storage.

These results contributed to a record year for the EBRD overall, with total investments reaching €16.8 billion in 2025, compared with €16.6 billion in 2024. Notably, €2.9 billion was deployed in Ukraine, surpassing the previous year’s record. The EBRD operates across central and eastern Europe, Central Asia, the Southern and Eastern Mediterranean, and sub-Saharan Africa, with full financial results for 2025 scheduled for publication in the spring. Since it began investing in Romania, the Bank has deployed more than €12.3 billion across 584 projects, establishing itself as a major institutional investor in the country.