The Slovenia Times

EBRD to invest over EUR 100m in Slovenia this year

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Speaking for the STA and Radio Slovenija on the sidelines of the EBRD annual meeting in London on Thursday, Mramor said EBRD had expressed interest participating in the privatisation of the NLB bank, something that he approved of.

He said the EBRD was interested in investing in Slovenian companies and could also back certain energy and infrastructural projects, such as the second rail track between the port of Koper and Divača inland.

He hailed cooperation with the financial institution, saying it was now much better than in 2013 and 2014, when Slovenia could have financed certain projects through a closer cooperation with the EBRD.

He said the EBRD invested EUR 77m in Slovenia last year.

Considering the EBRD's prime mission was to help economies in transition to market economies, Mramor did not see its renewed activity in Slovenia as a deterioration for the country.

"Like some other economies in Central and East Europe, Slovenia has been hit hard by the crisis, so the EBRD's renewed cooperation with these countries is more than welcome."

At the plenary session of EBRD governors today, Slovenia supported Suma Chakrabarti's reappointment for another term as EBRD president, being persuaded by his programme and cooperation with Slovenia.

Celebrating its 25th anniversary this year, the EBRD is facing new challenges. Transition economies have all but completed their transformation, but have turned out to be extremely vulnerable to external shocks.

This is why over the next 25 years, the EBRD will be helping the countries to developed more resilient systems by stimulating competition, new expertise and new technologies, Mramor said.

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