January 25, 2011 - The World Bank Group has announced that it is making $27 billion in funding available over the next two years for countries of Europe and Central Asia (ECA) affected by the Eurozone crisis.
Romania became a member of IFC in 1990. Since then, IFC's long term finance investment in Romania totaled $2.53 billion, including $606.6 million mobilized from our partners, in 83 projects across a variety of sectors. In addition, IFC has supported trade flows of $842.2 million through its trade finance program. Our committed investment portfolio in Romania as of 30 June 2016 is $564.6 million. In fiscal year 2016, IFC invested $145 million in Romania.IFC’s role in Romania is changing in light of the country’s EU membership and the growing availability of private financing. IFC has focused on agriculture, general manufacturing, infrastructure and health. IFC also invested in the financial markets and works to provide access to finance for smaller businesses in Romania.
Details of projects currently in progress can be found in IFC Disclosure. For completed projects see press releases below or visit the IFC Press Room.