Where EFSE operates

The European Fund for Southeast Europe invests in one of the world's growing emerging markets, the region of Southeast Europe, including the European Eastern Neighbourhood Region. Currently, EFSE is operating in 14 countries that include Albania, Armenia, Azerbaijan, Belarus, Bosnia and Herzegovina, Bulgaria, Croatia, FYR Macedonia, Georgia, Kosovo, Moldova, Montenegro, Romania, Serbia, Turkey and Ukraine. In principle, additional countries maybe included upon the availability of donor or grant funds.

To coordinate local activities, EFSE is operating through regional offices of the Fund Advisor, Finance in Motion GmbH. The Finance in Motion offices are staffed by locally recruited professionals who facilitate the day-to-day contact with the Fund’s partner lending institutions and local stakeholders. Moreover, they help EFSE to always be informed about changes in regulatory policies, lending practices, macro trends, governance, and general information affecting market sectors.