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Harrisons Advises EBRD on EUR 8 Million Loan to City of Novi Sad

Harrisons Advises EBRD on EUR 8 Million Loan to City of Novi Sad

Serbia
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Harrisons has advised the EBRD on an EUR 8 million loan to the city of Novi Sad for the purchase of up to ten electric buses and the accompanying charging infrastructure.

According to Harrisons, "this investment, as part of the EBRD’s Green Cities Programme, will enable citizens of Serbia’s second-largest city to benefit from more comfortable, greener public transport."

"In 2019 and 2020, Harrisons previously advised the EBRD on a loan facility to the Novi Sad public transport company for the purchase of 29 new buses, as part of their ongoing fleet renewal program. These buses which significantly reduce polluting emissions have been in use in Novi Sad since March 2021," the firm informed.

The Harrisons team included Principal Mark Harrison, Consultant Ines Matijevic-Papulin, and Associate Mina Markovic.