Energetics

The use of renewable energy sources and the increase of energy efficiency play an increasingly important role in the world of energy. The era of using non-renewable energy sources is slowly shutting down and the more pervasive use of renewable energy sources is emerging, all with the aim of achieving sustainable development, supply security and competitiveness.

Renewable energy sources

Investing in renewable energy sources (wind, sun, water and biomass) represents one of the fundamental directions of the development of energetics, as well as the inexhaustible type of energy found in nature, which can be completely or only partially renewable. Due to natural potential resources, large unused space for installing solar cells, little hydroelectric plants and other types of plants, less complex plants in comparison to conventional power plants, but significantly high price of equipment as well, it is necessary to support the segment of small and medium enterprises to invest in renewable energy sources and in that way strengthen private initiatives in the sector. While entering into an investment, we will help you overcome all obstacles in order for your project to be realised as soon as possible, and be at your disposal by understanding all specificities of the industry, as well as your company.

Erste specialists for energetics

Erste Bank has recognised energy industry as one of focus industries, to which it can, through its financial products and services, help in raising competitiveness and sustainability of energy sector. Due to Croatian natural potentials in renewable energy sources and the importance of energetics in the overall economy, Erste Bank has improved its service and founded a team of specialists with high expertise and knowledge in energy industry and all with the aim of quality support to its clients in the segment of small and middle enterprises.

Sales team of specialists is acquainted with all trends and demands of energy industry and will help you structure optimum financial product and service package offered by Erste Bank, as well as Erste Group, adjusted precisely to the specificities of your industry and your company. With the support of your specialist you have the possibility to additionally improve your financial business with the possibility of free counselling about various issues from your industry.

By following financial wishes and needs of its clients, regardless of the segment of energy industry and all with the aim of raising service quality, investing in new technologies, refinancing unfavourable loans, we offer specialised products and services intended precisely to your industry and your company.

Highlights

WeBSEFF II (Western Balkan Sustainable Energy Financing Facility) – is a credit line for renewable energy intended to the Western Balkan region ensured by European Bank for Reconstruction and Development (EBRD) to support investing in energy efficiency and renewable energy sources. Line is placed through local banks participants by accepting credit funds to companies and local governments wishing to invest in energy efficiency projects and smaller projects for renewable energy sources with the possibility of financing up to 80 % of the investment value.


The purpose is to reduce costs and make company more competitive, ensure the possibility of replacing old equipment and modernising production, increase productivity and widen the production scope, improve quality standards and fulfil demands of exporting markets with fast investment repayment through savings. In order for the investment in energy efficiency to become even more attractive, every investment can get a grand of up to10 % of the loan amount for the private sector, i.e. up to 15 % for a public sector with simple and fast procedures and free technical expert support to those clients in need of advice and estimation as the support to their project.

Financing energy efficiency projects - within the scope of a credit line, in cooperation with the European Investment Bank (EIB), special component intended to financing energy efficiency projects is also available. Credit line offers more favourable conditions and as the additional benefit offers the EU instrument for financing energy efficiency projects as well, which allows the user the non-refundable15 % of the principal amount for one-time loan settlement, with the option of free consulting for energy inspection and project estimation and verification. These funds are financed by the European Commission from horizontal multinational component of the IPA programme. Funds from the component are available for the production modernisation projects in the sense of achieving energy efficiency and improving energy efficiency of buildings, which finally influences the increase of the competition.

Beside financial products and services and with regards to the business activity of your company, we are continuously thinking and creating:

  • personalised free workshops and educations called “Erste Academy” though which Erste Bank transfers its know-how to its clients by covering
  • actual topics newsletters
  • mobile phone applications though which market data and macroeconomic indicators are available
  • events/round tables on which particular organisations and experts participate

Goal you strive towards is the sustainable competitiveness of your energy power plant regardless of the energetic segment your are doing business in. Through quality investments in your business and new technologies, you will surely achieve the goal you set and in the end produce a product or service of better quality.

Expert advice of our specialists will help you choose the best product or service from the Erste Bank's offer with which you will improve your actual business and boost and strengthen your market position.