EIB funding for Romania nears €10 billion mark since 2020

Business Forum
The European Investment Bank (EIB) Group's financial support for Romania is rapidly approaching a significant milestone, with total funding over the past five years reaching €9.3 billion, and an annual average of €1.8 billion.

In 2024 alone, the EIB Group provided €2.49 billion in funding, supporting total investments of €5.27 billion. This substantial investment is equivalent to roughly 1.5% of Romania's GDP.

The group has focused on fostering urban development and innovation across the country.

For instance, Romania received EIB support for the world's first zero-emission tyre factory, through a €150 million loan to Nokian Tyres in Oradea.

In 2024, key sectors attracting EIB Group funding included sustainable energy and natural resources (€780 million), sustainable city and regional development (€673 million), and support for SMEs (€623 million). 

The bank's operations in Romania spanned six strategic priorities, with significant emphasis on EU cohesion policy (€2 billion) and climate action and sustainability (€968 million).

The EIB's commitment to Romania was further underscored by recent agreements. In early 2025, the EIB signed contracts to finance railway projects and support local administrations, including advisory services for bankable projects. 

Specifically, €600 million was allocated for the modernisation of the Caransebeș - Timișoara - Arad railway line and the electrification and rehabilitation of the Cluj-Napoca - Oradea - Episcopia Bihor line. These investments aim to reduce travel times, improve safety, lower transport costs, and enhance connectivity within Romania and with European markets.

"Our investments in Romania are about and for the people: we are making homes more energy-efficient, industries more competitive and cities greener and better connected," stated EIB Vice-President Ioannis Tsakiris. "From next-generation semiconductors to cleaner transport, stronger energy networks and vital support for businesses, universities and infrastructure, the EIB Group is shaping a more sustainable and competitive future."

EIB has financed 212 projects in Romania since 1991, with a total value of over €21.17 billion. More than two-thirds of this funding has been allocated to transport, lending, energy, health and industry.

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