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    Signature(s)

    Amount
    € 1,000,000,000
    Countries
    Sector(s)
    Romania : € 1,000,000,000
    Transport : € 1,000,000,000
    Signature date(s)
    19/01/2026 : € 500,000,000
    8/10/2025 : € 500,000,000

    Summary sheet

    Release date
    27 March 2025
    Status
    Reference
    Signed | 08/10/2025
    20240824
    Project name
    Promoter - financial intermediary
    A1 MOTORWAY EU COHESION CO-FINANCING
    ROMANIA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 1000 million
    EUR 5481 million
    Location
    Sector(s)
    Description
    Objectives

    The project concerns the construction of a 122.1 km section of the new greenfield A1 Motorway between the cities of Sibiu and Pitesti in less developed regions of central Romania. This motorway is part of the core Trans-European Transport Network (TEN-T).

    The project will improve traffic flow efficiency and road safety on the core TEN-T road corridor and is expected to generate economic benefits from time savings, vehicle operating cost reductions and safety improvements.

    Additionality and Impact

    The project concerns the construction of a 122.1 km section of the new greenfield A1 Motorway between the cities of Sibiu and Pitesti in less developed regions of central Romania. The project is addressing the development of the TEN-T core network in the less developed regions of Centru (RO12), Sud-Vest Oltenia (RO41) and Sud-Muntenia (RO31). The project will enhance road accessibility, connectivity, and safety while improving traffic flow and living conditions. The project is expected to generate economic benefits from time savings, with other benefits arising from reductions in vehicle operating costs, positive impacts on climate and the environment, and improvements in safety.The project benefitted from JASPERS support at project preparation and from PASU (Project Advisory Support Unit) technical assistance to the Managing Authority. In addition to the project advisory support, the Bank's more favourable conditions of the EIB loan (in particular a longer maturity and lower interest than available on the market) have a significant impact on the operation. The EIB loan will partially finance the State contribution to the project, alongside EU grant funds amounting to around EUR 1.9bn. 



    Environmental aspects
    Procurement

    The project falls under Annex I of the Environmental Impact Assessment (EIA) Directive 2011/92/EU as amended by Directive 2014/52/EU and is therefore subject to EIA procedure. Environmental decisions for all the project sections have already been issued between 2018 and 2024 . As part of the EIA procedure launched in June 2017, the project was also subject to an AA study, as required by Art. 6(3) of the Habitats Directive. The project alignment crosses or is in the vicinity of 11 Natura 2000 sites. Particular attention during the appraisal will be on foreseen measures for mitigating any potential negative impact on Natura 2000 specific conservation objectives.

    The EIB will require the promoter to ensure that contracts for implementation of the project have been tendered in accordance with the applicable EU procurement legislation, 2014/24/EU as well as Directive 89/665/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.

    Milestone
    Under appraisal
    Approved
    Signed
    16 July 2025
    8 October 2025

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Impact Assessment (ESIA) - A1 MOTORWAY EU COHESION CO-FINANCING - Raport Privind Impactul Asupra Mediului
    Publication Date
    12 Jun 2025
    Document language
    Main Topic
    Lending
    Document Number
    244694471
    Document Focus
    Environmental Information
    Project Number
    20240824
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - A1 MOTORWAY EU COHESION CO-FINANCING - Studiu de Evaluare a Impactului Asupra Corpurilor de Apă Pentru Proiectul
    Publication Date
    12 Jun 2025
    Document language
    Main Topic
    Lending
    Document Number
    243940813
    Document Focus
    Environmental Information
    Project Number
    20240824
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - A1 MOTORWAY EU COHESION CO-FINANCING - Studiu de Evaluare Adecvată
    Publication Date
    12 Jun 2025
    Document language
    Main Topic
    Lending
    Document Number
    244696875
    Document Focus
    Environmental Information
    Project Number
    20240824
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Data Sheet (ESDS) - A1 MOTORWAY EU COHESION CO-FINANCING
    Publication Date
    18 Jul 2025
    Document language
    Main Topic
    Lending
    Document Number
    245062399
    Document Focus
    Environmental Information
    Project Number
    20240824
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    News & Stories

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    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
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