(IN BRIEF) EIB Global is lending €143.5 million to Termoelectrica SA for a seven-year overhaul of Chisinau’s district heating network—horizontalizing pipelines, installing individual substations, and upgrading 1 665 apartment buildings—to cut energy use by 25% and emissions by 7%. A … Read the full press release
Posted in Banks, European Union, Financial, Healthcare, Infrastructure & Utilities, Investment, Luxembourg, Moldova
Tagged Ala Nemerenco, Cahul hospital, Chişinău, CO₂ reduction, district heating, Dorin Junghietu, E5P, EBRD, EIB Global, energy efficiency, EPTATF, EU for Ukraine Advisory Programme, EU grants, EU integration, European Investment Bank, horizontal pipelines, individual substations, Jānis Mažeiks, Ministry of Health, MOLDOVA, Swedfund, Teresa Czerwinska, Termoelectrica SA
(IN BRIEF) The EBRD, EU, and maib have partnered to fund Castel Mimi’s expansion in Moldova, providing a €1.24 million loan to build a wellness centre at its award-winning wine resort. This investment supports sustainable development in Moldova’s wine tourism … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Food & Beverage, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Moldova, News, Technology, United Kingdom
Tagged Andrii Glevatskyi, Castel Mimi, climate resilience, EBRD, economic growth, energy efficiency, EU, EU4Climate, FINTECC, Green Investment, Iurie Trofim, Jānis Mažeiks, maib, MOLDOVA, partnership, sustainability, sustainable development, tourism development, vineyard, wellness centre, wine industry, wine tourism
(IN BRIEF) The European Investment Bank’s (EIB) specialized development finance arm, EIB Global, has entered into a €41.2 million loan agreement with the government of Moldova for the revitalization of the country’s railway infrastructure. Complementing this funding is a €12 … Read the full press release
Posted in Banks, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, Moldova, News, Transportation & Logistics
Tagged EIB, EIB Global, Jānis Mažeiks, MOLDOVA, partnership, Petru Rotaru, rail infrastructure, Rehabilitate, sustainability, Teresa Czerwinska
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