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Sectors we support

From industry to services, agriculture to energy,
we back sectors that create value and drive
sustainable development.

Eligible sectors

The programme supports businesses across a wide range of sectors, including:
Retail and services
Manufacturing
Transport
Waste management
Construction
Medical sector
Agriculture and
agro-industry
Hotels and restaurants
Energy production

Activities not eligible for support

To ensure responsible and sustainable development, the programme does not support the following activities:
  • production and/or trade of arms or military equipment
  • financial institutions or financial services companies
  • insurance business
  • production of tobacco or hard liquor
  • sale of tobacco or hard liquor (other than where the sale of tobacco or hard liquor is ancillary to the entity’s primary business activity)
  • casinos or other gambling facilities
  • speculative investments in property or currencies or any other speculative investment activities
  • investments in securities of any kind, including investments in share capital of other companies
  • technologies specifically used for activities in oil and gas production, processing (including refining), transport (transmission and distribution), storage and utilisation to generate electricity (other than for own consumption)
  • technologies specifically used for the combustion, transportation or extraction of peat, and carbon intensive fossil fuels such as coal, heating oil or oil shale
  • non-renewable fuel powered boilers, gas infrastructure and equipment
  • any activities appearing on the EBRD Environmental and Social Exclusion List as outlined in Appendix 1 or EBRD’s Category A list of projects as outlined in Appendix 2 of the applicable EBRD Environment and Social Policy
  • production of single use plastic products for consumer applications (not for medical purposes)
  • working capital, except to the extent that such working capital requirement is an integral part of the investment cost of the eligible sub-project
  • speculation in property (being investments in real estate solely with the aim of making short or medium-term profit on sales)
  • purchase of land
  • speculation in shares, bonds and any other type of financial instruments, derivatives or securities
  • refinancing (or other types of replacement/­consolidation) of any existing term loan or credit operations to the sub borrower
  • construction of roads and railways
  • extraction of raw material and mining
  • manufacture of articles of concrete, cement and plaster
  • financing of passenger cars, unless otherwise agreed with EBRD and provided that the financed cars are used exclusively for the sub borrowers’ business activities