# EBRD provides €120M loan to KONČAR for production expansion in Croatia

The EBRD is providing a senior loan of up to €120 million to KONČAR Group to expand production of critical electricity infrastructure and grid equipment in Croatia. The loan is part of a larger €370 million capex cycle.

- Type: Expansion
- Announced: 2026-07-31
- Where: Croatia, Croatia
- Value: $132.0M (120.0M EUR)
- Status: announced
- Products: transformers, switchgear, substations, digital grid-control systems
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [KONČAR](https://endata.com/companies/16085.md)
- [International Finance Corporation](https://endata.com/companies/12849.md) (investor)
- [European Bank for Reconstruction and Development](https://endata.com/companies/20727.md) (investor)
- [Privredna banka Zagreb](https://endata.com/companies/93269.md) (investor)
- [Zagrebačka banka](https://endata.com/companies/93270.md) (investor)

## Sources

- [ebrd.com](https://www.ebrd.com/home/news-and-events/news/2026/ebrd-backs-new-production-capacities-of-critical-electricity-inf.html), 2026-07-31: "The EBRD is providing a senior loan of up to €120 million to KONČAR Group, Croatia’s leading industrial and engineering enterprises, to increase the production of critical electricity infrastructure and grid-related equipment."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.