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Regional: Erste Inclusive Tourism Credit Facility
Details
Location:Croatia, Montenegro
Category:Consulting services
Status:Approval
Sectors:Tourism, Financial Services & Audit
Contracting authority: Erste & Steiermarkische Bank d.d.
Description
Location:Regional
Project number:51613
Business sector:Financial institutions
Notice type:Private
Environmental category:FI
Approval date:11 Dec 2019
Status:Signed
PSD disclosed:14 Jan 2020
As permitted by paragraph 2.6 of Section III of t
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tender Background
About the Funding Agency
EBRD - European Bank for Reconstruction and Development - is a multilateral development bank, using investment as a tool to help build market economies. Initially focused on the countries of the former Eastern Bloc (former European Communist Countries), it expanded its support to development in the democracies of 30 countries from central Europe to central Asia. EBRD invests mainly in private enterprises.
EBRD is not to be confused with the European Investment Bank (EIB), which is owned by EU member states and is used to support EU policy.
About the Sectors
Tourism
Focuses on the development and management of tourism activities and services that support leisure, recreation, and sustainable travel.
Key areas:
- Tourism development and destination management
- Leisure, recreation, and hospitality services
- Eco-tourism, agro-tourism, and nature-based tourism
- Hotel, resort, and travel agency operations
Financial Services & Audit
Covers financial, banking, insurance, investment, and audit services related to the management, transfer, and oversight of financial resources.
Key areas:
- Financial services, banking, and insurance
- Accounting, auditing, and financial reporting
- Investment, capital markets, and financial inclusion
Locations
Croatia
Croatia prioritizes highway networks, port modernization, rail upgrades, and energy diversification projects to enhance EU market integration. EU structural funds and cohesion policy financing play a critical role in infrastructure development. Investments support tourism, logistics, and regional connectivity within Southeast Europe. Administrative efficiency and demographic shifts shape implementation capacity.
Nr. of tenders: 8578
Nr. of grants: 15480
Nr. of donors: 685
Nr. of jobs: 18
Nr. of tenders: 8578
Nr. of grants: 15480
Nr. of donors: 685
Nr. of jobs: 18
Montenegro
Montenegro focuses on highway construction, port modernization, energy infrastructure, and tourism facilities to enhance regional connectivity and economic growth. Infrastructure financing combines national budgets, foreign investment, and international development loans. Projects aim to integrate the country more closely with European transport corridors. Debt sustainability and administrative capacity remain important factors in long-term infrastructure development.
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Nr. of grants: 2666
Nr. of donors: 485
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Nr. of tenders: 5242
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