Romania to sign €500 million EIB deal for key motorway project

Business Forum
The government has greenlit a memorandum to approve a €500 million financing contract between Romania and the European Investment Bank (EIB) to support the A1 Sibiu-Pitești motorway project.

The financing contract is part of a total financial assistance package of €1 billion offered by the EIB. 

"The first loan, worth €500 million, is scheduled to be signed in October 2025, with a second similar contract potentially being signed in 2026," according to a government statement.

To date, the project has received €1.8 billion in non-reimbursable external financing, while the total project value is approximately €5.4 billion, according to EIB estimates.

The motorway will have a total length of 122.11 km, divided into five sections. 

Project implementation began in March 2020 and is estimated to be completed in 2028.

RECOMMENDED
RECOMMENDED FROM THE HOME PAGE
IFC to acquire 10% stake in Romanian pension firm Carpathia
Finance

IFC to acquire 10% stake in Romanian pension firm Carpathia

The International Finance Corporation (IFC), a member of the World Bank Group, has signed an agreement with Vienna Insurance Group (VIG) to acquire approximately 10% of the shares of Carpathia Pensii, a Romanian private pension company.

Industry

Polpharma to launch takeover bid for Biofarm

Polish pharmaceutical company Zakłady Farmaceutyczne Polpharma has agreed to launch a voluntary public takeover offer (VTO) for all shares of Romanian drugmaker Biofarm, according to a regulatory filing.

READ MORE
Business Forum  |  8 May, 2026 at 7:03 PM
Business Forum  |  8 May, 2026 at 6:00 PM