Investment fund for Romania

The European Bank for Reconstruction and Development (EBRD) may participate in a 300m-euro project, to establish a private investment fund, which will mainly operate in Poland and will invest up to 40% of capital in Central and Eastern Europe, Romania included. According to EBRD, the “Polish Enterprise Fund V” project will be submitted to the bank’s Board on December 9. The European institution will contribute up to 20% to the fund’s capital. Polish company Enterprise Investors, one of the largest such institutions in Eastern Europe, will manage the Polish Enterprise Fund V. ZF