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KFW

Kreditanstalt für Wiederaufbau ("Credit Institute for Reconstruction", KfW) is a state bank of the Government of the Federal Republic of Germany, which is a leader among the banks of Germany in the facilitation of economic development of Germany, Europe and the World. KfW head office is located in the city of Frankfurt-on-Main, the representative offices – in Berlin, Bonn and in more than 50 countries.

KfW activity areas: small and medium business support; general lending; construction and energy efficiency, environment protection; social infrastructure funding (water supply, energy supply, education, health care, etc); export and project financing; refinancing.

There are 10 investment projects under implementation with a total resource of EUR 298.50 million, of which as of October 1, 2024, the following have been used EUR 132.82 million (44.50%):

  • 8 investment projects for a total amount of EUR 265.10 million, of which EUR 124.65 million (47.02%) have been used at the expense of loan funds
  • 2 investment projects totaling EUR 33.40 million, of which EUR 8.17 million (24.46%) were used for grants.