European Bank for Reconstruction and Development
The European Bank for Reconstruction and Development (EBRD) was established in 1991 to help build a new, post-Cold War era in Central and Eastern Europe.
EBRD is the largest single investor in the region, presently active in more than 30 countries from central Europe to central Asia and the southern and eastern Mediterranean, and also mobilises significant foreign direct investment into its countries of operations, with over EUR 100bn invested in more than 4,400 projects since foundation. It invests mainly in private enterprises, usually together with commercial partners. The EBRD is owned by 65 countries and two intergovernmental institutions (the European Union and European Investment Bank).
The Bank draws on its government contacts, special creditor status and sizeable portfolio to asses and bear risk and open the options for financing. The EBRD complements-rather than displaces – private sources of finance. The Bank invests only where it can provide added value, by investing in projects that could otherwise attract financing on similar terms. The EBRD uses a broad range of financing instruments, tailored to specific projects. The main instruments are loans, equity investments and guarantees.
Mrs Anna Tokarz coordinates the Bank’s activity in the forestry and forest-products sector, including i) liaison with local players in EBRD countries of operations and foreign international investors; ii) structuring of financing, including a wide range of debt and equity products; and iii) consultancy work and policy dialogue in the forestry sector. Anna’s clients range from large multinationals such as Mondi and Kronospan to local companies in CIS, CEE and SEMED regions.
Anna joined the EBRD in 2006 as a Senior Banker in the Manufacturing and Services team. Prior to joining EBRD Anna had extensive experience in commercial banking, including HVB AG; and prior that 10 year track record in the consulting industry leading inter alia market entry, strategy and localisation projects in Ukraine, Russia, Poland, Finland and France.
Opportunities and Risk in Eastern Europe
Tuesday, 1 March, 2016
What opportunities are there to invest in Eastern Europe in the forest products industry? What are the pitfalls, and what are the potential gains of a venture into the east. What countries and regions are open to development and investments? Anna Tokarz from the European Bank for Reconstruction and Development has a wealth of experience and talks about opportunities and risks when looking to the east.