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In 2024, the European Investment Bank Group, comprising the European Investment Bank (EIB) and the European Investment Fund (EIF), invested a record €1.2 billion in Croatia, underlining its role as a key partner in the country’s economic, social and environmental growth. The EIB signed a €400 million contract – out of the €900 million approved under the facility – to modernise Croatia’s railway infrastructure and rolling stock, making it the EIB’s largest ever lending operation for Croatia. This initiative will encourage people to take trains instead of driving, and will cut emissions, improve connectivity and make travel easier for 22 million passengers every year. A €30 million loan was granted to national energy company Hrvatska elektroprivreda d.d. to support the construction and operation of the Korlat solar plant. The EIB Group also stepped up its advisory and financial support for Croatian cities, including Zagreb, Split, Rijeka, Osijek and Varaždin, with projects ranging from affordable housing and sustainable transport, to energy and education.
