Sid Israel

EBRD Visits Israel

Herzog Fox & Neeman (HFN) is Israel’s most diverse law firm, with over 220 lawyers of whom more than 130 are partners. The firm has some of the brightest legal minds in the profession, possessing both intimate knowledge of local markets and a clear understanding of global business.

HFN employs over 50 dual-qualified, foreign-born lawyers who have worked at leading international firms. The majority of HFN’s business is conducted in English and lawyers work closely with leading firms in jurisdictions around the world.

HFN’s commitment to excellence is reflected in its prominent status in all major international and domestic publications. The firm consistently receives top-tier rankings in almost all major practice areas in leading directories, including the European Legal 500, Chambers Global, IFLR 1000, BDI and Dun and Bradstreet.

Many representatives from Israeli firms who attended the event had the chance to network with members of the EBRD to promote their start-ups and companies so that they can expand their work to outside of Israel into countries where the EBRD already operates. Additionally, many people enjoyed hearing about the procurement process from EBRD officials as well as past experiences from Israeli firms with goals of following in their footsteps.


The European Bank for Reconstruction and Development (EBRD) is an international financial institution that uses investments as a tool to build market economies. The EBRD’s mission is to observe change in the 30+ countries they work in, ranging from central Europe to central Asia and the southern and eastern Mediterranean. The money they use to finance projects in those countries comes from a range of different investors. Israel is one of the founding members of the EBRD, and has been one of the Bank’s shareholders since its inception in May 1990. They hold 19,508 shares of the Bank, which amount to 0.66% of the Bank’s equity.

The EBRD is headquartered in London, United Kingdom with 40 resident offices across the regions they work in, amounting to approximately 2,500 employees. The particular projects they choose to fund are largely aimed at changing lives of citizens by enabling their countries to develop through advancing and facilitating transitions to open, market economies while ensuring and fostering sustainable and inclusive growth.

They also have sound principles and sustainable ways embedded in their practice to ensure that the money devoted to funding projects will be used efficiently and hopefully result in their projects being even more successful. It is in their founding principles that they promote in the full range of activities environmentally and socially sound development practices.

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