Harrisons has advised the EBRD on a EUR 15 million loan to UniCredit Leasing Serbia for on-lending to small and medium-sized enterprises in the country.
"This credit line will enable extending of leasing financing to private companies in Serbia, encouraging them to invest in high-performance standards, technologies, and services, enabling them to become more competitive and energy-efficient," Harrisons announced.
According to the firm, "the credit line is part of the EBRD's new Reboot program, which supports the recovery of small businesses from the slowdown caused by the pandemic. It will also help spread the green economy in Serbia by promoting investment in improving energy efficiency. About 70% of the program's funds will be allocated for investments in energy-saving and green technologies, while the rest will support investments in automation, increased productivity, product quality, and safety."
Operating in Serbia since 2004, UniCredit Leasing provides services for residents and local enterprises, as well as large and international companies.