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
Electrica secures grid permits for 700 MWh of storage
Energy

Electrica secures grid permits for 700 MWh of storage

Energy company Electrica informs investors and the capital market that it has obtained the technical grid connection permits (ATR) for 17 new battery energy storage projects (BESS), with a total capacity of approximately 700 MWh.

Energy

Romanian grid operator to support peak power consumption during heatwave

Romania's national electricity transmission network operator, Transelectrica, has halted scheduled maintenance shutdowns to ensure the grid operates at maximum capacity during an ongoing extreme heatwave. The preventive measures aim to mitigate operational risks associated with severe weather conditions.