Member's Documents
Transactions with state-owned enterprises
Published by: Independent Evaluation Department, European Bank for Reconstruction and Development
The EBRD has long conducted transactions with state-owned enterprises to encourage reform and transition, through a blend of finance and analytical and advisory work. This evaluation examines EBRD transactions with these enterprises in the power and energy and transport sectors over the period from 2000 to 2013, exploring questions about project rationale, progress towards privatisation and commercialisation, sectoral impact and potential marketplace distortion.
