Czech Republic

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.

The European Investment Bank (EIB) Group provided €1.93 billion (nearly CZK 47 billion) in new financing in Czechia last year on the back of support that improved railway services, promoted clean energy, strengthened business growth and expanded affordable housing. EIB Group financing last year advanced Czechia’s green transition while bolstering competitiveness and regional development across the country.

According to the European Investment Bank, Czech businesses are accelerating digital transformation and innovation, outperforming EU averages on AI adoption and innovation plans, while maintaining robust trade and investment activity.