Harrisons has advised the European Bank for Reconstruction and Development on a EUR 5 million loan extended to Erste Bank Novi Sad under the EBRD’s SME Go Digital program with support from the European Union.
According to Harrisons, the funds will be used to support the digital transformation, automation, and business improvement of small and medium-sized enterprises in Serbia. In addition to the financing, SMEs will benefit from technical assistance and advisory services, with EU grants of up to 15% of the loan amount available upon successful project completion.
The Harrisons team included Principal Mark Harrison, Consultant Ines Matijevic-Papulin, and Senior Associate Mina Zeljkovic.