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.

Romania cuts cash budget deficit to 7.65% in 2025
Finance

Romania cuts cash budget deficit to 7.65% in 2025

Romania's Ministry of Finance announced that the consolidated general budget execution for 2025 ended with a cash deficit of RON 146.03 billion (€28.65 billion), representing 7.65% of GDP, down one percentage point from the 8.67% deficit recorded in 2024.

RECOMMENDED FROM THE HOME PAGE
Agriculture

DN Agrar posts 65% net profit jump in 2025

DN Agrar Group, one of Romania's leading integrated agrifood companies and Europe's largest dairy milk producer, closed 2025 with preliminary turnover of €43 million, up 21% compared to 2024. Net profit increased by 65% to €10.5 million, translating into a net margin of 25%.

READ MORE
Business Forum  |  23 February, 2026 at 6:00 PM
Business Forum  |  23 February, 2026 at 2:00 PM