Representational image. Credit: Canva
The European Bank for Reconstruction and Development marked three decades of operations in Bosnia and Herzegovina with an anniversary event in Sarajevo on 12 May, bringing together national and international partners to acknowledge progress since 1996 and to outline priorities for the years ahead. Speakers included Nihad Uk, Luigi Soreca, and Matteo Patrone.Prime Minister Nihad Uk noted that the Bank’s work over the past 30 years reflects a partnership that has produced visible improvements across the country.
He highlighted that with €3.45 billion invested since 1996, the EBRD has become a key contributor to infrastructure and economic development. He added that in Sarajevo Canton, support worth €165 million through the Green Cities programme, along with additional partner financing, is helping drive a shift toward cleaner, more efficient transport and a more livable urban environment.
Ambassador Luigi Soreca emphasized that the European Union and the European Bank for Reconstruction and Development have worked side-by-side for three decades to create better opportunities and improve the quality of life for citizens across the country. He pointed to achievements spanning upgraded transport networks, modernized energy infrastructure, digital transformation, and support for businesses and employment.
He also described the anniversary as both a moment to recognize shared accomplishments and a reminder of continued commitment to the future of Bosnia and Herzegovina.Matteo Patrone spoke about the EBRD’s long-standing presence in the country, noting that since 1996 the Bank has remained a dependable partner through investment, reforms, and collaboration.
Looking ahead, he said the focus will stay on strengthening the private sector, enhancing regional integration, and advancing the sustainable use of natural resources to support long-term stability and inclusive growth.Since beginning operations, the EBRD has played a key role in supporting post-war recovery, institutional reform, and economic transition.
Over 30 years, it has invested more than €3.4 billion across 266 projects, with major emphasis on modern infrastructure, financial-sector resilience, and private-sector development. Among its most notable contributions is the Corridor Vc motorway—the largest infrastructure undertaking in the country’s history—where the Bank has committed over €1 billion, significantly improving regional connectivity and trade links.
The EBRD has also been central to advancing the energy sector by supporting utilities, renewable power initiatives, and energy efficiency programmes that promote both sustainability and security of supply. Parallel to this, the Bank’s work with local financial institutions has expanded access to finance for small and medium-sized enterprises, as well as for women- and youth-led businesses and households, contributing to stronger financial stability and wider economic participation.
Together, these efforts have helped reinforce macroeconomic stability, modernize vital sectors, and position the country for closer regional integration and sustainable long-term growth. Moving forward, the EBRD will continue prioritizing private-sector competitiveness, deeper regional connectivity, and responsible resource management to support ongoing stability and prosperity.
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