{"id":1217,"date":"2021-01-04T08:47:44","date_gmt":"2021-01-04T08:47:44","guid":{"rendered":"https:\/\/web-sme-csp.com\/republic-north-macedonia\/?p=1217"},"modified":"2021-05-27T10:07:20","modified_gmt":"2021-05-27T10:07:20","slug":"ebrd-eu-and-donors-support-smes-and-green-homes-in-north-macedonia","status":"publish","type":"post","link":"https:\/\/web-sme-csp.com\/republic-north-macedonia\/2021\/01\/04\/ebrd-eu-and-donors-support-smes-and-green-homes-in-north-macedonia\/","title":{"rendered":"EBRD, EU and donors support SMEs and green homes in North Macedonia"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1217\" class=\"elementor elementor-1217\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7be4e80 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"7be4e80\" data-element_type=\"section\" 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role=\"group\" aria-roledescription=\"slide\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-carousel-image\" role=\"img\" aria-label=\"picture\" style=\"background-image: url(&#039;https:\/\/web-sme-csp.com\/republic-north-macedonia\/wp-content\/uploads\/sites\/5\/2021\/01\/picture.jpg&#039;)\">\n\n\t\t\t\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-acfe05e elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"acfe05e\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3326edd\" data-id=\"3326edd\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2f60916 elementor-widget elementor-widget-heading\" data-id=\"2f60916\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">EBRD, EU and donors support SMEs and green homes in North Macedonia<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4b95c8e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4b95c8e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2248219\" data-id=\"2248219\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-92e2ff9 elementor-widget elementor-widget-text-editor\" data-id=\"92e2ff9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>By Bojana Vlajcic<br \/>04 Jan 2021<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-10580db elementor-widget elementor-widget-text-editor\" data-id=\"10580db\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li style=\"list-style-type: none;\"><ul><li>\u00a0\u20ac3.5 mn to ProCredit Bank Skopje to increase access to finance for SMEs and home owners<\/li><li>EU, WBIF and Austria funds to identify best available equipment and incentives<\/li><li>Building green, competitive and well-integrated economy in North Macedonia<\/li><\/ul><\/li><\/ul><p>The European Bank for Reconstruction and Development (EBRD) is providing two loans of \u20ac3.5 million combined to ProCredit Bank<br \/>Skopje (https:\/\/www.pcb.mk\/) in order to support small and medium-sized enterprises (SMEs) to reach EU standards and residential<br \/>home-owners to make their buildings more energy efficient.<\/p><p>The new funds come at a critical time as private businesses and citizens in North Macedonia (https:\/\/www.ebrd.com\/north-<br \/>macedonia.html) feel the economic impact of the coronavirus pandemic (https:\/\/www.ebrd.com\/what-we-do\/coronavirus).<\/p><p>The first part of the financial package consists of a \u20ac2.5 million loan to increase the competiveness of local SMEs. Funds will be lent<br \/>on to businesses to upgrade their production processes and equipment to EU standards, in particular with regards to product quality<br \/>and safety, health and safety measures and environmental preservation.<\/p><p>These investments are covered by the Western Balkans SME Competitiveness Support Programme<br \/>(https:\/www.ebrd.com\/news\/2020\/ebrd-and-eu-to-increase-fnance-for-smes-in-western-balkans html), for which the EBRD.<br \/>provides loans and the EU (https:\/\/www.ebrd.com\/who-we-are\/structure-and-management\/shareholders\/european-union.html)<\/p><p>incentive payments and technical assistance. The goal is to help SMEs to modernise their activities and take advantage of trade opportunities in the Western Balkans region and the wider European market.<\/p><p>The second part of the financial package is a \u20ac1 million loan to support individual investments in green materials, equipment and<br \/>technologies for privately-owned residential buildings. It comes under the Green Economy Financing Facility (GEFF)<br \/>(https:\/\/ebrdgeff.com\/macedonia,facilites\/), which offers energy and resource-efficient solutions to build a greener and more<br \/>sustainable economy.<\/p><p>The programme is supported by the European Union, the Western Balkans Investment Framework (https:\/\/www.wbit.eu\/) and the Austrian Federal Ministry of Finance (https:\/\/www.ebrd.com\/who-we-are\/structure-and-management\/shareholders\/austria.html),<\/p><p>Andi Aranitasi, EBRD Head of North Macedonia, said: \u201cWe are very pleased that, together with our longstanding partner ProCredit<br \/>Bank Macedonia, we can provide additional support to SMEs to invest in the competitiveness of their businesses and to citizens to<br \/>improve the energy efficiency of their homes. Strengthening the SME sector and investing in green economy are some of our key<br \/>priorities in North Macedonia and this project will help us come a step closer to both of these objectives. We are also thankful for the<br \/>support of EU, WBIF and the Austrian Federal Ministry of Finance, all of whom with their grant contributions, have helped make the<br \/>programmes a big success and North Macedonia a regional leader in terms of utilisation of funds under both CSP and GEFF<\/p><p>Janmaat Freek, Delegation of the European Union to North Macedonia, Head of Operations 1, said: &#8220;Within the current health<br \/>pandernic, provision of more favorable access to finance to small and medium sized companies is of outmost importance. While ongoing government measures do support companies to preserve jobs and survival of companies, the joint EU and EBRD programme SME financing facility\u2019 provides resources for completion of capital investments and future growth of companies. The combination<br \/>of loan and grant has proven to be a strong tool to encourage companies to pursue the planned investments and expand business further. On the other hand, the facility is a booster for the financial intermediaries which in turn can take on more risk and expand<br \/>lending activities from their own resources.\u201d<\/p><p>The EBRD has been investing in the economy of North Macedonia since 1993. To date, the Bank has signed more than 130 projects in the country, with a net cumulative business volume of over \u20ac2 billion.<\/p><p>\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The European Bank for Reconstruction and Development (EBRD) is providing two loans of \u20ac3.5 million combined to ProCredit Bank<br \/>\nSkopje in order to support small and medium-sized enterprises (SMEs) to reach EU standards and residential<br \/>\nhome-owners to make their buildings more energy efficient.<br \/>\n<br \/>\n<a href=\"\/republic-north-macedonia\/en\/2021\/01\/04\/ebrd-eu-and-donors-support-smes-and-green-homes-in-north-macedonia\/\" class=\"elementor-button cust-button\" role=\"button\">Read More<\/a><a href=\"https:\/\/web-sme-csp.com\/kosovo\/wp-content\/uploads\/sites\/3\/2021\/05\/2021-01-04-EBRD-EU-and-donors-support-SMEs-and-green-homes-in-North-Macedonia.pdf\" class=\"elementor-button cust-button\" role=\"button\">Download<\/a><\/p>\n","protected":false},"author":1,"featured_media":1274,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-1217","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>EBRD, EU and donors support SMEs and green homes in North Macedonia - web-sme-csp.com Republic_North_Macedonia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/web-sme-csp.com\/republic-north-macedonia\/en\/2021\/01\/04\/ebrd-eu-and-donors-support-smes-and-green-homes-in-north-macedonia\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EBRD, EU and donors support SMEs and green homes in North Macedonia - web-sme-csp.com Republic_North_Macedonia\" \/>\n<meta property=\"og:description\" content=\"The European Bank for Reconstruction and Development (EBRD) is providing two loans of \u20ac3.5 million combined to ProCredit Bank Skopje in order to support small and medium-sized enterprises (SMEs) to reach EU standards and residential home-owners to make their buildings more energy efficient. 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