On Tuesday 5 February, the Board of Directors of the European Investment Bank approved a EUR 18m loan to French firm Ecoslops to finance the construction of two marine hydrocarbon recycling facilities for the ports of Marseille (France) and Antwerp (Belgium). This loan falls under the financing of strategic European transport projects and also has a significant climate action component. This is the first time that the EIB has provided financing to Ecoslops, which was founded in 2008 and has been listed on the Euronext Paris since 2015.
EIB Group opens country office in Belgium to support strategic investments in Belgian economy
The European Investment Bank (EIB) Group has opened a country office in Belgium, dedicated to sustaining strategic financing and sustainable growth in the country as a boost to the potential of the vibrant, dynamic and highly innovative Belgian business environment. The new office will be hosted in the Group’s Permanent EU Representation in Brussels and led by Torsten Brand, a dual Belgian-German national who has worked at the EIB for the past decade. The step by the Luxembourg-based EIB Group, which also includes the European Investment Fund (EIF), underscores its commitment to supporting the Belgian economy and deepening engagement with local businesses and the public sector.