Tina Drolc
- European Investment Bank
- Communication Department
- Trg republike 3
- SI-1000 Ljubljana
- Slovenia
The European Investment Bank (EIB) is extending a €207 million credit to the City of Zagreb in Croatia for infrastructure upgrades critical for the Croatian capital’s sustainable development. The financing marks the EIB’s first loan signature with the City of Zagreb. The credit is the initial tranche of a €395 million EIB framework loan to support the city’s development in the next five years.
The EIB Group, comprising the European Investment Bank (EIB) and the European Investment Fund (EIF), has announced a strong year for its activity in Croatia in 2023. With annual financing of €464 million, investment by the EIB Group in the country for the past five years now totals €2.4 billion. The funds will promote a smarter, greener growth model, as well as economic resilience and better quality of life.
As part of its largest ever framework loan agreement in Croatia, the European Investment Bank (EIB) has signed a €400 million contract with the Ministry of Finance for a major upgrade of the country’s railway network and rolling stock.