Tag Archives: The European Investment Bank

Italy’s Motorway Network Set for Green Transformation with EIB’s €1.2 Billion Investment

(IN BRIEF) The European Investment Bank (EIB) has allocated a €1.2 billion loan to Autostrade per l’Italia SpA (ASPI) for the modernization of approximately 3,000 kilometers of motorways in Italy. This investment, supported by the EIB’s Climate Bank Roadmap and … Read the full press release

EIB Commits €110 Million to Transform Finnish Vocational Training Facilities

(IN BRIEF) The European Investment Bank (EIB) has signed a €110 million loan agreement with KOy Helsingin Toimitilat to support Finnish vocational training provider Stadin AO. The funding will be used to construct two modern campus buildings in Myllypuro and … Read the full press release

EIB Global Unveils Pioneering Climate Initiatives at COP28 in Dubai

(IN BRIEF) In a significant announcement at the United Nations Climate Change Conference (COP28) in Dubai, the European Investment Bank (EIB) revealed its pioneering approach to a just transition and just resilience on a global scale. The EIB Group introduced … Read the full press release

EIB Commits €150 Million Loan to Deploy Smart Meters for Greece’s Energy Modernization

(IN BRIEF) The European Investment Bank (EIB) has signed a €150 million 15-year loan agreement with the Hellenic Electricity Distribution Network Operator (HEDNO) to support the deployment of electricity smart meters across Greece. This initiative aims to enhance the efficiency … Read the full press release

EIB Backs Polish company SDS Optic Inc. with €10 Million Investment in Cutting-Edge Cancer Detection Tech

(IN BRIEF) The European Investment Bank (EIB) has signed a €10 million loan agreement with Polish company SDS Optic Inc. to support the development and commercialization of their innovative cancer detection technology platform, inPROBE®. SDS Optic specializes in diagnostic and … Read the full press release

Deutsche Bahn Secures €2 Billion Financing from EIB and HypoVereinsbank for Munich S-Bahn Expansion

(IN BRIEF) The European Investment Bank (EIB) and UniCredit’s HypoVereinsbank are jointly providing credit lines exceeding €2 billion to support Deutsche Bahn in acquiring 90 new trains for the Munich S-Bahn. The financing is channeled through Bayerische Eisenbahngesellschaft (BEG) on … Read the full press release

Italian A32 Motorway Gets €247 Million Boost from EIB and Partners

(IN BRIEF) European Investment Bank (EIB), Cassa Depositi e Prestiti (CDP), UniCredit, SACE, and Società Italiana per il Traforo Autostradale del Frejus S.p.A (SITAF) have agreed to provide €247 million for the modernization and safety improvement of the A32 motorway … Read the full press release

European Investment Bank and Iberdrola to Drive Energy Transition with €1 Billion Agreement

(IN BRIEF) The European Investment Bank (EIB) and Iberdrola have signed a €1 billion financing agreement to accelerate the energy transition in Europe. The partnership aims to develop 19 solar power plants and 3 onshore wind farms in Spain, Portugal, … Read the full press release

European Investment Bank Grants €6.7 Million to Support Ukrainian Railways Amidst War

(IN BRIEF) The European Investment Bank (EIB) has signed a €6.7 million EU grant agreement with JSC Ukrainian Railways (Ukrzaliznytsia) to support the railway company during Russia’s war against Ukraine. The grant will address the immediate needs of Ukrzaliznytsia as … Read the full press release

Austrian microelectronics firm AT&S secures €250m funding from European Investment Bank

(IN BRIEF) The European Investment Bank (EIB) is providing a €250 million loan to Austria Technologie & Systemtechnik (AT&S), a microelectronics specialist. The loan will support AT&S’s research and development activities and the construction of a new research center in … Read the full press release

EIB supports Italy’s digital ambitions with €360m loan to TIM for 5G expansion

(IN BRIEF) The European Investment Bank (EIB) has provided a €360 million loan to TIM, an Italian telecommunications company, to support the expansion of 5G coverage across Italy by the end of 2025 using the 700 MHz bands. The loan, … Read the full press release

Civil society groups and EIB leadership discuss high-impact investments for sustainable development goals

(IN BRIEF) The European Investment Bank held a meeting at its headquarters in Luxembourg with representatives of civil society groups to discuss how the bank can respond better to global challenges including climate change, environmental degradation, poverty, and conflicts. The … Read the full press release

CIIP receives €50m funding from EIB to enhance water services in Marche, Italy

(IN BRIEF) The European Investment Bank (EIB) has granted €50 million to CIIP, the integrated water services provider in the provinces of Ascoli Piceno and Fermo, to improve water and wastewater services in Marche, benefiting over 414,000 people. The funding … Read the full press release

EIB and Aquafin sign €200m deal to finance climate adaptation and mitigation in Flanders

(IN BRIEF) The European Investment Bank (EIB) and wastewater treatment company Aquafin have signed a €200 million financing contract to support 150 climate change mitigation and adaptation projects in Flanders. The funding will support the separation of stormwater and wastewater, … Read the full press release

EIB Partners with Maspex Group for Upgrades to Production Facilities in Poland and Romania

(IN BRIEF) The European Investment Bank (EIB) has announced a €104 million financing agreement with Maspex Group, a leading producer of food and beverages in Central and South-Eastern Europe. The funds will be used to upgrade and modernize production facilities … Read the full press release

Smart Reporting’s AI-based Medical Documentation Technology Receives €15M Venture Debt Loan from European Investment Bank to Boost Growth

(IN BRIEF) Smart Reporting, a health-tech start-up based in Munich, has secured a €15 million venture debt loan from the European Investment Bank (EIB) to support its growth phase. The company has developed medical documentation technology based on artificial intelligence … Read the full press release

Recycling and Energy Efficiency Measures Top Climate Mitigation Actions by EU Firms, Says EIB Report

(IN BRIEF) The European Investment Bank (EIB) has released its Climate Investment Report for 2022-23 (EIBIS Climate), which shows that the share of European firms investing in climate has increased by 10 percentage points in the last year, reaching an … Read the full press release

illimity Bank’s digital arm b-ilty to provide funding for Italian SMEs in new EIB deal

(IN BRIEF) The European Investment Bank (EIB) has signed a €200m deal with illimity Bank to provide funding to small and medium-sized enterprises (SMEs) in Italy. The two banks will mobilize €100m each in 2023 to ensure that SMEs have … Read the full press release

EIB und Gewobag bauen über 2.000 bezahlbare Wohnungen in Berlin

(IN KÜRZE) Gewobag, ein landeseigenes Wohnungsunternehmen in Berlin, hat sich von der Europäischen Investitionsbank (EIB) ein Darlehen in Höhe von 300 Millionen Euro gesichert, um bis 2026 über 2.165 neue Wohnungen zu bauen. Die Finanzierung wird auch dazu beitragen, 350 … Read the full press release

EIB and Gewobag to Build Over 2,000 Affordable Flats in Berlin

(IN BRIEF) Gewobag, a state-owned housing company in Berlin, has secured a €300 million loan from the European Investment Bank (EIB) to build over 2,165 new flats by 2026. The funding will also help establish 350 positions at childcare centers … Read the full press release

EIB Grants First Green Loan to Water Sector Globally, with €150 Million to Iren

(IN BRIEF) The European Investment Bank (EIB) has granted €150 million in sustainability-linked financing to Iren, a major water service provider and multi-utility company in north-western Italy. The funding will be used to improve water services for one million people … Read the full press release

Hungary’s Home Renovation Programme gets a boost from EIB green loan

(IN BRIEF) The European Investment Bank (EIB) and the European Investment Fund (EIF) invested €804 million in Hungary last year, supporting priority investments in energy, transport, innovation, small and medium-sized enterprises (SMEs), and mid-caps. Three-quarters of the total financing signed … Read the full press release

Portugal’s REN to modernize and expand electricity transmission network with €450m EIB loan

(IN BRIEF) The European Investment Bank (EIB) has agreed to provide a €450 million loan to Redes Energéticas Nacionais SGPS, S.A. (REN) to finance the upgrading and reinforcement of the Portuguese electricity transmission network and renewable energy connections. The project … Read the full press release

EnBW Secures €600 Million Loan from EIB for He Dreiht Wind Farm

(IN BRIEF) EnBW, a German utility, will receive a €600 million loan from the European Investment Bank (EIB) to support the construction of the He Dreiht wind farm in the North Sea. The wind farm will consist of 64 turbines … Read the full press release

PackBenefit Secures €13 Million Venture Debt Loan from European Investment Bank for Sustainable Food Tray Production

(IN BRIEF) PackBenefit, a company specializing in sustainable food packaging solutions, has secured a €13 million venture debt loan from the European Investment Bank (EIB) to increase its manufacturing capacity for recyclable and compostable food trays. The funding will be … Read the full press release

EIB Continues Support for Korian’s Mission to Provide Quality Care for Elderly Population in Germany

(IN BRIEF) The European Investment Bank (EIB) is supporting the expansion of Korian, a European care services group for elderly and fragile people, with a loan of €150 million. The loan will finance the development of affordable community homes in … Read the full press release

Österreichische Tourismuswirtschaft erhält Schub mit 150 Mio. Euro Kredit für nachhaltige Projekte

(IN KÜRZE) Die Europäische Investitionsbank (EIB) hat der Österreichischen Hotel- und Tourismusbank (ÖHT) ein Darlehen in Höhe von 150 Millionen Euro gewährt, um kleine und mittlere Unternehmen (KMU) der Freizeit- und Tourismusbranche in Österreich zu unterstützen. Das Darlehen soll es … Read the full press release

Austrian tourism industry receives boost with €150 million loan for sustainable projects

(IN BRIEF) The European Investment Bank (EIB) has granted a €150 million loan to Österreichische Hotel- und Tourismusbank (ÖHT) to support small and medium-sized enterprises (SMEs) in the leisure and tourism industry in Austria. The loan is designed to enable … Read the full press release

New waste collection vehicles delivered to the city of Osh, Kyrgyz Republic’s second largest city, thanks to financial support from EBRD, EU and EIB

Kyrgyz Republic’s second largest city to benefit from better waste management New waste collection vehicles delivered Upgrade of facilities and services supported by the EBRD, the EU and the EIB (PRESS RELEASE) LONDON, 25-Jan-2022 — /EuropaWire/ — The European Bank … Read the full press release

European Investment Bank commits EUR 500 million to Ørsted’s increased capex programme on renewable energy projects

(PRESS RELEASE) FREDERICIA, 29-Sep-2021 — /EuropaWire/ — Ørsted (CPH: ORSTED), a Danish leading operator of offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants, has announced it secured a EUR 500 million loan from the European … Read the full press release

The European Investment Bank (EIB) to loan EUR 7.5 million to customized packaging startup Packhelp

(PRESS RELEASE) LUXEMBOURG, 5-Feb-2021 — /EuropaWire/ — The European Investment Bank (EIB), the lending arm of the European Union, has announced it will support the Polish start-up specialized in customized packaging with EUR 7.5 million loan. Packhelp’s online marketplace addresses … Read the full press release

Offshore wind energy: EIB to loan EUR 250 million to TSO TenneT Holding B.V. for the Zuidwest 380 kV project

(PRESS RELEASE) ARNHEM, Netherlands, 9-Mar-2020 — /EuropaWire/ — TenneT Holding B.V. and The European Investment Bank (EIB) sign EUR 250 million loan agreement to finance the western section of TenneT’s “Zuidwest 380 kV” project. The EIB financing will support the … Read the full press release

Vnesheconombank Chairman Vladimir Dmitriev attends the third meeting of the Heads of the G20 financial development institutions in Istanbul, Turkey

MOSCOW, 28-5-2015 — /EuropaWire/ — Vnesheconombank Chairman Vladimir Dmitriev participated in the third meeting of the Heads of the G20 financial development institutions – the D20 and a conference devoted to development of infrastructure as a main instrument for long-term … Read the full press release

The European Investment Bank to finance Hungary’s railway infrastructure rehabilitation and upgrade with EUR 250 million

Luxembourg / Budapest, Hungary, 9-1-2014 — /EuropaWire/ — The European Investment Bank (EIB) is lending EUR 250 million to finance the implementation ofHungary’s railway infrastructure rehabilitation and upgrading investment programme for the period2013-2016. The objective is to improve the safety, capacity and performance of the existingconventional railway infrastructure with positive impacts on commuters and … Read the full press release

The European Investment Bank to lend EUR 200 million for Magyar Telekom’s mobile and fixed broadband telecommunications infrastructure upgrade

The European Investment Bank (EIB) is lending HUF 60 billion (some EUR 200 million) to finance theimprovement of availability and increase in quality of Magyar Telekom’s mobile and fixed broadband telecommunications infrastructure. Luxembourg / Budapest, Hungary, 13-12-2013 — /EuropaWire/ — EIB Vice-President László Baranyay, who is responsible … Read the full press release

Polish PKP Cargo S.A. received €47 million loan from EIB to upgrade its rail fleet in Poland

Warsaw, Poland, Luxembourg, 05-12-2013 — /EuropaWire/ — The European Investment Bank (EIB) is lending PLN 200 million (EUR 47 million) to PKP Cargo S.A. for the upgrading of the rail fleet in Poland. The Bank has now supported rail investments in Poland for 23 years, promoting the … Read the full press release

EIB supports Turkey’s earthquake risk mitigation efforts with EUR 200 million

Luxembourg, 30-10-2013 — /EuropaWire/ — The European Investment Bank (EIB) is providing EUR 200 million to the Republic of Turkey as follow up support to earthquake risk mitigation efforts in Istanbul, Turkey’s commercial and financial centre. The EIB funds are being provided … Read the full press release

EIB provides €365M loan to Snam for development of Italgas and Snam Rete Gas natural gas projects

Luxembourg, 24-10-2013 — /EuropaWire/ — The European Investment Bank (EIB) has signed two loan contracts with Snam, amounting to EUR 300 million and EUR 65 million, for the financing of two projects to be developed respectively by Italgas and Snam Rete Gas, the two Snam-controlled … Read the full press release

The European Investment Bank launched new recruitment campaign for its FEMIP Internship Programme

Luxembourg, 18-10-2013 — /EuropaWire/ — The European Investment Bank (EIB) is currently launching a new recruitment campaign for its FEMIP Internship Programme. The Programme is open to students who are nationals of the Mediterranean partner countries (Algeria, Egypt, Gaza/West Bank, Israel, Jordan, … Read the full press release

EIB to provide €50M loan to Municipality of Sofia, Bulgaria in support of transport infrastructure projects

Luxembourg/Sofia,  08-10-2013 — /EuropaWire/ — The European Investment Bank (EIB) and the Municipality of Sofia today signed a new loan agreement of EUR 50 million to support the implementation of the Bulgarian capital city’s master plan. The loan will finance a transport … Read the full press release