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EIB Loans To Romania Hit EUR1.48M Record High In 2009

The European Investment Bank’s total lending in Romania reached the record level of EUR1.48 billion in 2009, the international bank said in a statement Thursday.
EIB Loans To Romania Hit EUR1.48M Record High In 2009
18 mart. 2010, 10:59, English

In 2008, EIB’s financing to Romania stood at EUR1.3 billion.

Some of the main projects financed by the EIB in 2009 include a EUR400 million loan to Ford Motor Co. for its plant in Craiova, southern Romania, as well as overall loans of EUR351 million to support local small- and medium-sized enterprises (SMEs).

For 2010, EIB financing is estimated at EUR1.5 billion. The target projects are mainly in the energy and SMEs sectors.

Since 1990, EIB’s lending in Romania reached EUR7.7 billion.