European Investment Bank provides Romania with financing totaling 1.5% of their GDP, as stated by the institution's vice president for 2024.
The European Investment Bank (EIB) Group, a long-term lending institution owned by the European Union's member states, has been actively shaping a more sustainable and competitive future for Romania and Europe. In 2024, the Group provided financing worth 1.5% of Romania's GDP, amounting to EUR 5.27 billion.
Ioannis Tsakiris, Vice President of the EIB, stated that the investments aim to make homes more energy efficient, industries more competitive, and cities greener and better connected. The focus is on supporting sustainable and green development, with key investment areas centred around clean energy transition, energy infrastructure and grid modernization, transport infrastructure improvement, supporting innovation and digitalization, and sustainable finance and social infrastructure.
In 2023, Romania was one of the largest beneficiaries of EIB Group financing, with record financial commitments of EUR 4.1 billion. Notable investments include a EUR 150 million loan for the world's first zero-emission tire factory operated by Nokian Tyres in Oradea. The EIB also helped Electrica Group in financial modeling and production capacity strengthening.
The first contracts signed in 2025 between the EIB and Romania include funding for railway projects and support for local administrations, including consultancy services for bankable projects. The EIB's advisory services in 2024 helped prepare, develop, and implement EIB and EU investment projects in Romania.
The EIB's operations in Romania in 2025 are expected to continue supporting the country's sustainable growth. The Group's total financing for Romania over the past five years amounts to EUR 9.3 billion, with an annual average of EUR 1.8 billion. EUR 623 million was directed to support Small and Medium-sized Enterprises (SMEs), while EUR 673 million was allocated for the development of sustainable cities and regions.
The deputy prime minister and minister of finance, Tánczos Barna, values the cooperation with the EIB and European Investment Fund (EIF) in accelerating investments in key sectors for sustainable growth. The EIB finances investments that contribute to EU policy goals, built around eight key priorities. In 2024, EIB and EIF operations in Romania covered six strategic priorities: EU Cohesion Policy, Climate Action and Sustainability, Digitalization and Technological Innovation, Capital Markets Union, Agriculture and Bioeconomy, and Social Infrastructure.
The EIB's support for Romania is aligned with the European Green Deal and EU climate policies, aiming to boost green energy, modernize infrastructure, and enhance economic resilience through targeted investments in sustainability, digitalization, and social infrastructure.
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