Sectors we work in View list of sectors and key topics Project information Project finder Independent Project Accountability Mechanism
What we provide Products and services Policy reform Operations and processes Evaluating our work Strategies and policies Client due diligence Comment on our work
Key themes and topics The war on Ukraine The EBRD and digitalisation EBRD Green Coronavirus pandemic Economic Inclusion Food security Securing Chernobyl site Local currency
Economic research Economics at the EBRD Office of the Chief Economist Transition Report
Background History of the EBRD Basic documents of the EBRD Contacts View by country and department Media enquiries
Structure and staff President Odile Renaud-Basso Board of Governors Board of Directors Executive Committee Senior leadership group
Our values Multiparty democracy and pluralism Promoting transition Environmental and social sustainability Integrity and compliance Backing gender equality Transparency
Partnering for impact Donors Civil Society Alumni Association
Albania Armenia Azerbaijan Belarus Bosnia and Herzegovina Bulgaria Croatia Czech Republic Egypt Estonia
Georgia Greece Hungary Jordan Kazakhstan Kosovo Kyrgyz Republic Latvia Lebanon Lithuania
Moldova Mongolia Montenegro Morocco North Macedonia Poland Romania Russia Serbia
Slovak Republic Slovenia Tajikistan Tunisia Türkiye Turkmenistan Ukraine Uzbekistan West Bank and Gaza
Project finance Loans Equity The financing process Why finance with us? Eligibility checker
Support for SMEs Advice for businesses Finance for businesses Donor support Flagship programmes EBRD Know How Academy
Procurement Project procurement Corporate procurement and Consultancy services Trade Finance Trade Facilitation Programme Trade Ready
More ways to work with the EBRD Capital Markets Loan Syndications Careers Working at the EBRD
Kyrgyz Sustainable Energy Financing Facility supports energy-efficient food production facility
When it’s cold outside, what better way to warm up than to have a cup of coffee or cocoa in a cozy coffee shop? And if you are in Bishkek, you should definitely go to Bublik. It’s one of the city’s most famous coffee chains, named after a local bread roll – a cross between a Turkish simit and American bagel, served with different fillings.
“We opened our first coffee shop in 2015 and tried many different concepts,” says Sardar Umarov, one of Bublik’s founders. “At first, we wanted to run a coffee shop, offering coffee and different snacks, like Starbucks. Later, we switched concept and decided to serve other food as well. Today, we run five coffee houses located mainly in the city’s downtown area, close to offices and parks. They are equally nice for business lunches or family dinners.”
Making business green and sustainable
After seeing a presentation by the Kyrgyz Sustainable Energy Financing Facility (KyrSEFF) at one of its marketing events in Bishkek, Sardar decided he wanted to construct a new food production facility and approached KyrSEFF’s engineers. He later obtained a loan from a partner bank of the European Bank for Reconstruction and Development (EBRD) to construct an energy-efficient workshop.
The workshop is designed around the preparation of semi-finished food products and desserts for Bublik coffee shops. It also contains a learning space for training staff and new joiners. It has been constructed in line with KyrSEFF’s recommendations – with heat insulation, energy-efficient windows, LED lighting and refrigeration equipment.
With all of these measures, Bublik will save around 354.2 MWH/year and save some 64 tonnes of CO2 emissions a year.
Bublik will receive an economic incentive of up to 10 per cent of the total loan amount from the European Union.
KyrSEFF recently celebrated its 10th anniversary and announced the launch of a new US$ 50 million KyrSEFF III facility to address pressing environmental issues in the Kyrgyz Republic, such as water stress, soil erosion and degradation, heat stress and hydrological variability.
“I am very excited about our new energy-efficient building,” says Sardar. “It brings not only economic benefits, but also contributes to a more sustainable and green future for our children. If we decide to construct a new coffee shop, we will certainly consult KyrSEFF engineers again.”