At a ceremonial signing during today’s EIB Group Forum in Luxembourg, the European Investment Bank (EIB) reaffirmed its €24.7 million commitment to Horizon Capital Growth Fund IV (HCGF IV). This investment, financed through the EIB’s EU4U Fund, marks a crucial step, demonstrating the Bank’s firm support for visionary tech and export-oriented entrepreneurs in Ukraine and Moldova.
The European Union and its bank, the European Investment Bank (EIB), remain steadfast in their support for Ukraine, with a disbursement of €99.6 million to assist the Ukrainian government. This funding will rebuild and upgrade critical infrastructure, including hospitals, social housing and public services nationwide, all of which are facing ongoing challenges due to unceasing Russian shelling. This financial contribution is part of the EIB’s Ukraine Solidarity Urgent Response package, backed by an EU guarantee.
The specialised development finance arm of the European Investment Bank (EIB) — EIB Global — has signed a €41.2 million loan agreement with the government of Moldova to rehabilitate the country’s railway infrastructure. Complemented by a €12 million EU investment grant, announced at the Global Gateway Forum earlier this year, this investment will improve Moldova’s internal connectivity and offer a crucial export route for Ukraine, fostering regional stability and economic resilience.