BSTDB Invests in Autonom’s Sustainability-Linked Bond in Romania
Supporting Green Transformation in the Mobility Sector and Capital Market Development
The Black Sea Trade and Development Bank (BSTDB) has invested EUR 9 million in a sustainability-linked bond issued by Autonom, the largest Romanian car leasing and rental company. The private placement totals EUR 30 million, with BSTDB participating as an anchor investor.
The proceeds from BSTDB’s investment will support Autonom’s broad sustainability initiatives, including expanding its car fleet to better serve local businesses while reducing emissions. The bond issuance also strengthens Romania’s capital markets by diversifying financing instruments for private sector companies with a strong environmental focus.
“We are pleased to support Autonom in issuing this sustainability-linked bond, which represents an important step toward sustainable development in the mobility sector. By contributing to the greening of the transportation industry and bolstering Romania’s capital market, we reaffirm our commitment to fostering sustainable economic growth in our member countries. This investment underscores BSTDB’s alignment with global ESG principles and our ongoing dedication to financing projects that deliver economic, environmental, and social benefits,” said Dr. Serhat Köksal, BSTDB President.
"This investment is a significant recognition of our commitment to sustainable development and our efforts to actively reduce the environmental impact of the mobility sector. We are honored to receive BSTDB's support at this pivotal stage in our journey. By issuing this sustainability-linked bond, we not only strengthen our ability to provide modern and efficient solutions to our partners but also lay the foundation for a business model that promotes green transformation in Romania. With partners like BSTDB, we are inspired to demonstrate that economic performance can go hand in hand with environmental and community responsibility," said Dan Ștefan, co-founder of Autonom.
Autonom Services S.A. (Autonom)is Romania’s largest mobility network, operating 52 agencies across 38 cities. It offers a wide range of integrated mobility solutions, and is among the top three players by revenue in its main activity sectors: operational leasing and car rentals. As part of its sustainability strategy, Autonom aims to reduce the CO2 emissions intensity of its car fleet by 55% by 2030, contributing to Romania’s green transition and the global fight against climate change.
TheBlack Sea Trade and Development Bank (BSTDB)is an international financial institution established by Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Türkiye, and Ukraine. The BSTDB headquartersare in Thessaloniki, Greece. BSTDB supports economic development and regional cooperation by providing loans, credit lines, equity and guarantees for projects and trade financing in the public and private sectors in its member countries. The authorized capital of the Bank is EUR 3.45 billion. For information on BSTDB, visitwww.bstdb.org.
Contact:
Haroula Christodoulou
Phone: +30 2310 290533
: @BSTDB
