Donata Riedel
Press officer
- European Investment Bank
- Communication Department
- Lennéstraße 11
- D-10785 Berlin
- Germany
+352 4379 - 86192
+49 15114659021
+49 3059004799
More press releases
11 September 2024
Austria: EIB and savings banks finance new affordable housing in Salzburg and Tyrol
The European Investment Bank (EIB) is extending loans totalling as much as €175 million to two Austrian savings banks for the construction of affordable and green housing in the cities of Salzburg and Innsbruck. The EIB loans are up to €100 million to Salzburger Sparkasse Bank AG and as high as €75 million to Tiroler Sparkasse Bank AG.
1 July 2024
Austria: voestalpine to receive €300 million EIB loan for research and development of green steel production
The European Investment Bank (EIB) is providing a loan of €300 million to voestalpine AG, Europe’s third largest steelmaker. The financing will be used for the company’s research and development (R&D) programme over a period of four years, with the goal to optimise manufacturing processes, increase energy and raw material efficiency, and extend product life. Overall, voestalpine aims to drastically reduce its environmental and carbon footprint by 2030 and to achieve carbon neutrality of its production by 2050.
10 April 2024
Austria: EIB Group and Erste Bank join forces to provide additional lending to small and medium enterprises and mid-caps
The EIB Group — consisting of the European Investment Bank (EIB) and the European Investment Fund (EIF) — has provided Erste Bank der oesterreichischen Sparkassen AG (Erste Bank) with a guarantee for a €49 million mezzanine tranche of a synthetic securitisation transaction. The transaction is expected to provide capital relief, as provided for by the EU Capital Requirements Regulation. It is the first synthetic securitisation transaction in Austria that qualifies as a simple, transparent and standardised (STS) transaction under the European Securitisation Regulation.