Czech Republic

The European Investment Bank (EIB) is lending 2 bn Czech crowns (ca €84 million) for the construction of a state-of-the-art concert hall in the Czech city of Ostrava. The EIB credit covers most of the financing for the planned €115.5 million cultural landmark in Ostrava, the third-largest Czech city with a population of 318,000. Located in the northeastern Moravian-Silesian region, Ostrava is close to the village where renowned composer Leoš Janáček was born in 1854 and is where he died in 1928.

The European Investment Bank (EIB) is lending €90 million to Rohlik, a leading Czech e-grocery business that operates across central and eastern Europe, to bolster the company’s digital advances  and growth prospects.

The European Investment Bank (EIB) and the Czech Ministry of Finance signed a CZK 13 billion loan accord to upgrade the country’s rail network, unlocking the second part of planned EIB support totalling CZK 48.8 billion. The funding will improve TEN-T railway lines in the Czech Republic and enable the deployment of the European Rail Traffic Management System (ERTMS). The project will be managed by Správa železnic, s.o., the national railway infrastructure administrator, under the authority of the Czech Ministry of Transport. The first part of the loan, CZK 24 billion, was signed in autumn 2023.