In 2025, the EBRD invested €508 million in 19 projects in Moldova, which is almost twice as much as in 2024, when its investments in 14 projects amounted to €280 million
As reported by the European Bank for Reconstruction and Development (EBRD), its investments in 2025 are close to the record level of EBRD investments in Moldova in history, which amounts to €525 million and was recorded in 2022. EBRD investments in Moldova accelerated after the start of the war in Ukraine, with more than half of the total €3 billion invested since 1992 coming in the last four years. Giuseppe Grimaldi, Head of the EBRD's Moldova Office, noted that 2025 was a landmark year for the EBRD's activities in Moldova, reflecting the deepening of the EBRD's partnership with our country at a crucial stage of its reforms and path to EU accession. “We are proud to support Moldova's efforts to build a more sustainable, competitive, and stable economy,” he said. As noted, Moldova's integration into the EU is one of the main drivers of reform, and the results of EBRD investments reflect this. The EBRD's loan portfolio in Moldova continues to be largely aligned with Moldova's long-term development priorities: 67% is invested in sustainable infrastructure, 21% in the corporate sector, and 12% in financial institutions supporting the private sector. As noted by the EBRD, last year the bank expanded its support for Moldova's energy security program after previously providing large-scale assistance that helped diversify the country's gas and electricity supply sources, reducing its dependence on Russia. The EBRD also financed a large-scale modernization of roads and transport corridors, improving Moldova's regional transport accessibility and strengthening links with Romania, Ukraine, and the EU's “Solidarity Lanes.” The EBRD has also continued to enhance the competitiveness of the private sector by providing new financing to agribusinesses and small and medium-sized enterprises, as well as expanding partnership credit lines with local banks. These investments are a continuation of the bank's enhanced support since 2022. The EBRD is Moldova's largest institutional investor and, since the start of Russia's full-scale invasion, has provided €1.6 billion to help Moldova mitigate the economic impact of the war, strengthen energy security, modernize infrastructure, and support the private sector. In total, the bank has invested nearly €3 billion in 196 projects to date. The EBRD also works closely with the authorities on reforms and EU compliance, including strengthening utilities, promoting Moldova's first renewable energy auction, preparing energy efficiency investments in Chisinau and Balti, and assisting in the development of the country's long-term strategies for green energy and communications. Support for small businesses, which make up 98% of Moldova's economy, remains a central element. The Bank continues to expand access to finance for enterprises modernizing in line with EU standards. The results for Moldova are part of a record year for the EBRD as a whole, with a record €16.8 billion invested in 2025, compared to €16.6 billion in 2024, including a record €2.9 billion invested in Ukraine. The bank operates in Central and Eastern Europe, Central Asia, the Southern and Eastern Mediterranean, and now in sub-Saharan Africa, and will publish its full financial results for 2025 in the spring. // 29.01.2026 — InfoMarket
