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ebrd

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EBRD to Finance Renewable Energy Project in Hungary

D&T
Apr 20, 2026

The European Bank for Reconstruction and Development (EBRD) is providing EUR 70 million of financing as part of a EUR 210 million package with commercial banks to special purpose vehicles owned by Renalfa IPP for the development of a 450 MW solar park with a 250 MW /1 GWh battery energy storage system in Szihalom, […]

EBRD: Hungary' Economy to Grow 2% in 2026

D&T
Feb 27, 2026

The European Bank for Reconstruction and Development (EBRD) forecasts Hungary's GDP will grow by 2.0% in 2026 and 2.5% in 2027 in its latest Regional Economic Prospects report released on Thursday. EBRD left its growth forecast for 2026 unchanged from its previous report published in September. The Bank noted that industrial activity in 2025 remained […]

Hungarian Firm Wins EBRD Entrepreneurship Tender

D&T
Apr 25, 2023

A Hungarian company has won the European Bank for Reconstruction and Development's (EBRD) entrepreneurship competition: Smapp Lab took the top prize with two foreign companies in the food technology start-up competition, the EBRD told MTI on Tuesday. The Hungarian company's insect monitoring platform helps optimize pesticide use, Tunisia's Kumulus machines produce fresh water in a […]

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