The European Bank for Reconstruction and Development (EBRD) expects its investment volume in Poland to come to between €500m and 600m this year, only half the amount the bank spent in 2011. In announcing the figures, EBRD president Thomas Mirow said the bank is following current trends, as its strategy this year is to focus on two sectors: finance and energy. “Within the energy sector we intend to focus on renewable energy, gas and electricity distribution, improving the efficiency of energy production and constructing interconnectors,” Mirow said.