European Investment Bank

European Investment Bank

EIB exceeded targets and began roll-out of Investment Plan for Europe, President Hoyer tells MEPs

The EIB Group delivered early on investment targets and accelerated the roll out of the first projects which could be covered by the EU budget guarantee under the Investment Plan for Europe. In his annual address to the European Parliament, President Werner Hoyer briefed MEPs about the EU Bank’s support for private and public investment crucial for Europe’s competitiveness and backing for sustainable economic projects around the world.


EIB opens Regional Representation for Southern Caucasus

The EIB is opening a Regional Representation Office for the Southern Caucasus to enhance its support for the public and private sectors and strengthen relations with promoters, partner banks and other IFIs in the region. The office, located in Tbilisi, was inaugurated by EIB Vice President Wilhelm Molterer and the EU’s Ambassador to Georgia, Janos Herman, and will cater for business in Georgia, Armenia and Azerbaijan.


Sweden: EUR 160m under InnovFin to support Getinge’s developments in medical technology

The EIB has provided a EUR 160m loan to the global medical technology company Getinge AB to finance its R&D cycle for the development of safer and more efficient medical devices in the fields of cardiac surgery, cardiology, intensive care and emergency medicine. The InnovFin-backed project will be implemented at facilities in Germany, Sweden and France, supporting skilled employment opportunities for Europe.


EIB backs EUR 20 million broadband investment in Angola

The EIB is to support a EUR 20 million investment by TV Cabo Angola to provide high-speed internet access for businesses, private customers and public administration customers in Luanda, Benguela and other cities across Angola. This will be our second loan to TV Cabo and extends our engagement to improve communications infrastructure in Angola and across Africa.

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