The Delegation of European Bank for Reconstruction and Development visited the city of Togliatti

5 June 2013

On June 3rd 2013, the delegation of EBRD Board of Directors visited Togliatti for a meeting with the city administration, to discuss issues on the relations of city municipality and the European Bank. Moreover, the EBRD directors were interested in priority spheres of the city administration in the development of municipal infrastructure, especially in the sphere of improving the energy-saving, as well as measures aimed at diversification of the city economy and support to small and medium enterprises rendered by the administration of Togliatti. In the course of presentation given to the EBRD directors, the head of Department of economic development D. Bogdanov gave consideration to the improvement of investment potential and attraction of direct foreign investments, also touching upon the problems that the city administration face on attracting foreign direct investments into the city of Togliatti. The mayor of the city, S. Andreev indicated the spheres of possible joint projects of the city municipality and the European Bank that may be financed through the EBRD’s loan programs. As the meeting was adjourned, the EBRD delegation went off to following the other items on their Togliatti visit agenda. All news