VILNIUS, Jan. 16 (Xinhua) -- The European Bank for Reconstruction and Development (EBRD) invested a record 233 million euros (239.99 million U.S. dollars) in Lithuania last year and expects to maintain or even increase its investment levels in 2025, the bank's head for the Baltic states said on Thursday.
Speaking to the Baltic News Service (BNS), Tomas Kairys highlighted the strong demand for investments in Lithuania, driven by a significant pipeline of large infrastructure and energy projects.
Kairys noted that the bank will continue to prioritize investments in green energy, network modernization, digitalization, bank bonds, shares in privatized companies, and investment funds.
In total, the EBRD invested 540 million euros in the three Baltic states last year, marking a 67 percent increase from 323 million euros in 2023. Notably, 95 percent of these investments flew to green projects. (1 euro = 1.03 U.S. dollar)
