EBRD
The European Bank for Reconstruction and Development (EBRD) is acquiring a 20% stake in Slovenia’s Prva pokojninska druzba (PPD), a privately-owned manager of voluntary and mandatory pension schemes in Slovenia and southeastern Europe. EBRD’s equity investment of up to €8 million will provide further funds for the establishment and expansion of Prva’s pension fund and asset management subsidiaries in the markets of southeastern Europe (Serbia, Kosovo, Montenegro, Albania, Romania and Ukraine) and at a second stage in the Commonwealth of Independent States.
Following the capital increase, the EBRD becomes the third largest shareholder of PPD, following Dej, with a 32% share, and Poteza Skupina, with 30%.
more on www.ebrd.com
