The European Investment Bank (EIB) is lending €146 million to Kronospan, a leading European producer of wood-based panels, to help the company cut emissions and boost energy independence across its operations in Central and Eastern Europe.
Mid-Cap companies in Czechia and Slovakia will be eligible for as much as €400 million in favourable loans as a result of a guarantee from the European Investment Bank (EIB) to a local subsidiary of UniCredit SpA. The EIB is providing a €200 million guarantee to Unicredit Bank Czech Republic and Slovakia to enable the lender to offer up to twice the amount in new loans for Czech and Slovak manufacturing and export-oriented businesses.
Czechia will upgrade and expand its electricity network with a European Investment Bank (EIB) loan totalling 9.3 billion Czech korunas (around €380 million). Czech transmission system operator ČEPS a.s. will use the EIB credit to renew and extend high-voltage infrastructure across the country.
