Romania secures €500 million EIB loan for strategic motorway

Business Forum
Romania's Ministry of Finance has signed a €500 million finance contract with the European Investment Bank (EIB) to build the A1 Sibiu–Pitești Motorway.

The 122 km motorway is a crucial part of the trans-European transport network (TEN-T) and is considered Romania's most significant road infrastructure project, as it will be the first motorway to cross the Carpathian Mountains.

The new motorway will create a modern corridor connecting the country's west with the Black Sea, supporting local economic development and facilitating the transport of goods and people. The total value of the project is estimated at around €5.5 billion, with funding sourced from EU non-reimbursable funds, the state budget, and loans from the EIB.

Alexandru Nazare, Minister of Finance, said: “The signing of this contract represents a new proof of our commitment to supporting regional development and creating a solid foundation for increasing Romania's competitiveness.”

Ioannis Tsakiris, Vice-President of the EIB, added: “We are helping to achieve faster, safer, and more accessible journeys for people and goods.”

A second EIB contract for €500 million is being considered for H1 2026. The overall project, which began in March 2020, is expected to be finalized by Q4 2028.

RECOMMENDED
Romania raises €367 million through Fidelis bond sale
Finance

Romania raises €367 million through Fidelis bond sale

Romania's Ministry of Finance attracted RON 1.86 billion (€367.3 million) through seven government bond issues for retail investors in January, marking the first Fidelis offering of 2025. The bonds began trading on Bucharest Stock Exchange (BVB) on Thursday.

RECOMMENDED FROM THE HOME PAGE
Romania sees surge in large company insolvencies
Finance

Romania sees surge in large company insolvencies

Romania's Q1 of 2026 marks a shift in economic pressure from small businesses to larger companies with significant economic impact. According to analysis by CITR, the country's leading insolvency and restructuring firm, 19 companies with assets exceeding €4 million each entered insolvency in Q1 2026, compared to just two in the same period last year.

Industry

Sphera Franchise Group posts sales growth in Q1 2026

Sphera Franchise Group, Romania's largest food service group, reported consolidated sales of €75.6 million in Q1 2026, up 4.2% compared to the same period last year. Growth was driven by the return to positive performance of KFC Romania and the strong evolution of Taco Bell.

Finance

BT posts 30% profit jump in Q1 2026

Banca Transilvania (BT) said its consolidated net profit reached RON 1.14 billion lei (€228 million) in Q1, representing a 30.1% increase compared to the same period last year. Total assets for the group expanded to RON 227 billion lei (€45.4 billion) as the institution neared the milestone of five million active customers.

Real estate

Arcadis signs major lease at Business Garden Bucharest

Vastint Romania has announced a new leasing contract with Arcadis Romania, which will occupy 1,183 sqm in building A of Business Garden Bucharest. The global design, engineering and consultancy company joins a growing community of international tenants at the development.

READ MORE
Business Forum  |  25 May, 2026 at 12:30 PM
Business Forum  |  22 May, 2026 at 6:00 PM