eib

EIB Support for Projects in Romania Amounts to EUR865M in 2019

The European Investment Bank Group (EIB Group), comprising the European Investment Bank (EIB) and its subsidiary, the European Investment Fund (EIF), provided EUR865 million of loans, guarantees, equity and microfinance operations in Romania in 2019.

Romanian Lower Chamber Approves EIB Loan Contract For Subway Line Construction

Romania’s Chamber of Deputies on Wednesday adopted a draft law regarding a loan from the European Investment Bank (EIB) which will finance a project to upgrade Bucharest’s subway system.

EIB May Provide EUR60M For Bucharest Municipality Project To Build 60 Kindergartens

The European Investment Bank (EIB) may provide financing of up to EUR60 million for a Bucharest Municipality project to build 60 kindergartens, according to an announcement of intention posted on the bank’s website.

Romanian Senate Approves Guarantee Agreement For EIB Loan To Ford Romania

The Romanian Senate approved Tuesday the draft law ratifying the Guarantee Agreement between Romania and the European Investment Bank (EIB), guaranteeing 80% of the a financing contract concluded between the EIB and Ford Romania.

EIB: Romanian Budget Affected By Crisis’ Final Stage

Romanian economy has already hit bottom and it now faces the last phase of the crisis, with “huge” difficulties concerning the public budget, an official of the European Investment Bank said Thursday.

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 Plans To Grant EUR1.5B Loans In Romania In 2010

The European Investment Bank estimates it will grant loans of EUR1.5 billion in Romania next year, for energy projects, SMEs support and local authorities' investments, the bank's vice-president Matthias Kollatz-Ahnen said Thursday in Bucharest.

Romania To Borrow EUR370M From EIB For Subway Line

Romania's Government on Wednesday authorized the Finance Ministry to contract a EUR370 million loan from the European Investment Bank for the construction of Drumul Taberei-Universitate subway line in capital Bucharest, acting Prime Minister Emil Boc said late Wednesday.

EIB OKs EUR370M Loan To Romania For Bucharest Subway Line Construction

The European Investment Bank (EIB) approved the granting of a first tranche of EUR370 million to Romania for the construction of a subway line linking the city center to the Drumul Taberei area in the west, transport minister Radu Berceanu said Saturday.

EIB May Partly Assume Bucharest-Ploiesti Highway Financing – Romanian Pres

Romanian President Traian Basescu said Thurday, after meeting the management of European Investment Bank, that EIB might partly take over the financing of the highway linking the capital city Bucharest to the southern city of Ploiesti and of their beltways.

Romanian Govt Agrees EIB’s Proposed Capital Hike – PM

The Romanian Government approved in principle a hike of European Investment Bank's capital, through reducing the institution’s reserves, in order to permit granting more funds to member states, the Prime Minister Emil Boc said Thursday.

Romanian Pres: EIB To Allot Romania EUR1B Each Year

The European Investment Bank will assign Romania around EUR1 billion each year in the next few years, Romanian President Traian Basescu said Thursday after meeting EIB management in Luxembourg.

Romanian Pres: EIB To OK EUR400M Loan For Ford End-April

Romanian President Traian Basescu said Thursday in Brussels the European Investment Bank would approve by end-April a EUR400 million loan for Ford, while a EUR200 million loan for Renault is seen approved in the second half of 2009.

EIB Launches RON150M 7-Yr Bonds, With 12.625% Coupon

The European Investment Bank launched Tuesday a Romanian leu-denominated 7-year bond issue worth of 150 million lei (EUR1=RON4.2833), to be listed on the Luxembourg Stock Exchange.

US Carmaker Ford To Invest EUR1.2B In Romanian Plant, May Get EUR600M From EIB

US carmaker Ford will invest EUR1.2 billion in its Romanian factory and asked for a EUR600 million loan from European Investment Bank, or EIB, out of which EUR400 million will go directly to its Craiova plant, and the rest indirectly, to Ford Europe’s research and development center in Germany.

Romania’s Future Govt, EIB, EC To Discuss Renault, Ford State Guarantees

The future Romanian government will discuss with the European Investment Bank (EIB) and the European Commission on granting state guarantees to carmakers Renault and Ford for EIB loans totaling EUR500 million, and the government might decide on the issue in the first quarter of 2009.

Romania’s Fin Min, EIB Ink EUR1B Loan Deal

Romania’s Finance Ministry signed Monday a loan agreement with the European Investment Bank, or EIB, worth EUR1 billion, for financing transports, environment and economic competitiveness projects.

Romania’s Fin Ministry, EIB To Sign Mon EUR1B Loan Agreement

Romania’s Economy and Finance Ministry will sign on Monday a loan agreement with the European Investment Bank, or EIB, worth EUR1 billion, to finance transports, environment and economic competitiveness projects, sources close to the matter told MEDIAFAX on Thursday.

EIB To Lend Up To EUR250M To Romanian Leasing Cos

The European Investment Bank, or EIB, could lend up to EUR250 million to leasing companies in Romania, to fund projects, the EIB announced Friday.

EIB Might Grant EUR200M Loan To Romania, Hungary, Poland

The World Bank’s Financial unit, European Investment Bank, or EIB, might grant total loans of EUR200 million for the upgrade of domestic appliance capabilities in Romania, Poland and Hungary.