EBRD investment in Moldova accelerates, rising to €508 million in 2025
The European Bank for Reconstruction and Development (EBRD) invested €508 million in 19 projects in Moldova in 2025, almost double the €280 million invested across 14 projects in 2024 and close to Moldova’s all-time record of €525 million in 2022, the bank announced on 29 January.
EBRD investments in Moldova have accelerated since the start of Russia’s war on neighbouring Ukraine, with more than half of the total €3.0 billion since 1992 invested in the past four years.
“2025 was a landmark year for EBRD activity in Moldova, reflecting our deepening partnership with the country at a crucial stage of its reform and EU accession journey,” said EBRD Head of Moldova Giuseppe Grimaldi. “We are proud to support Moldova’s efforts to build a more resilient, competitive and sustainable economy.”
The Bank’s portfolio remains strongly aligned with Moldova’s long-term development priorities: 67 per cent is invested in sustainable infrastructure, 21 per cent in the corporate sector and 12 per cent in financial institutions, supporting the private sector.
Key EBRD projects defining 2025 include expanded support for Moldova’s energy security programme, major road and transport corridor upgrades, and continued support to boost private sector competitiveness, with new financing for agribusiness and MSMEs and expanded credit line partnerships with local banks.
The EBRD is Moldova’s largest institutional investor, and, since the start of Russia’s full scale invasion of Ukraine, it has provided €1.6 billion to help Moldova mitigate the economic consequences of the war, strengthen its energy security, modernise infrastructure and support its private sector. Overall, the Bank has invested almost €3 billion in 196 projects to date.
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