Business Forum • 8 October, 2025 at 12:31 PM
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.