Gordana Kovacevic
Press officer
- European Investment Bank
- Communication Department
- Vladimira Popovića 38-40
- 11070 Belgrade
- Serbia
+352437970356
More press releases
28 November 2024
Serbia: European Union provides €160 million for the sustainable growth of SMEs through EIB Global, Banca Intesa and Intesa Leasing partnership
To spur growth, employment, and the green transition, the European Union has provided a €160 million financial package to support Serbian businesses. This initiative, which was announced today at a ceremony in Belgrade, is the result of a partnership between EIB Global of the European Investment Bank (EIB), and Banca Intesa and Intesa Leasing, as part of a wider collaboration with Intesa Sanpaolo, a banking group leading in Europe. The funds will be available at favourable terms to small and medium-sized enterprises (SMEs) and mid-caps in order to address their working capital and investment needs, as well as to boost green investments in renewable energy, clean transportation and energy efficiency projects. This support will benefit around 240 companies and protect around 25 000 jobs, thus driving climate resilience and competitiveness in the local economy.
2 September 2024
Bosnia and Herzegovina: EIB representation in Sarajevo marks five years of successful operation
The representation of the European Investment Bank (EIB) in BiH is celebrating the fifth anniversary since its opening. With over €900 million allocated to new investments since 2019, the EIB has provided favourable financial conditions to projects across the country, often combined with grants from the European Union channelled through the Western Balkans Investment Framework (WBIF). The lion’s share of the funds have been allocated to the transportation sector (€590 million), as well as to support for small and medium companies (€155 million) through favourable credit lines, followed by investments in the water, energy, healthcare and education sectors. In terms of technical support, the Bank has provided some €3 million in grants from its own Economic Resilience Initiative (ERI), while €10.5 million of advisory services have been delivered through the WBIF. These funds have backed the preparation and implementation of projects.
18 July 2024
Serbia: EU and its bank EIB Global provide €96 million to modernise electricity distribution network and improve waterborne transport
During his first visit to Serbia, the European Investment Bank (EIB) Vice-President, responsible for the Western Balkans, Robert de Groot attended the signature ceremony for an €80 million loan with Elektrodistribucija Srbije d.o.o (EDS), Serbia’s electricity distribution company, to replace obsolete electromechanical metering devices with around 400 000 smart meters. As part of a wider electricity grid modernisation programme, the installation of new smart meters will help the distribution system operator reduce electricity losses, improve collection rates and facilitate the integration of renewables in the near future. The signature ceremony was attended by the Minister of Mining and Energy Dubravka Đedović Handanović, Business Systems Director of EDS Vjekoslav Bobar, and State Secretary for the Ministry of Finance Ana Tripović.