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Investment Plan: Romania

Latest results from the Investment Plan

Girl drinking from a fountain

How Romania ranks within EU countries

Total investment

March 2022

Total financing under the European Fund for Strategic Investments (EFSI) in Romania amounts to €1 billion and is set to trigger €5.2 billion in additional investments

Infrastructure and innovation projects

  • 27 approved projects financed by the European Investment Bank (EIB) with EFSI backing
  • approximately €795 million total financing
  • set to trigger €2.7 billion in investments

Small and medium enterprises (SMEs)

  • 28 approved agreements with intermediary banks or funds financed by European Investment Fund (EIF) with EFSI backing 
  • €292 million in financing
  • set to trigger approximately €2.5 billion in investments with some 50,461 SMEs and mid-cap companies expected to benefit from improved access to finance

Examples of projects supported by the Investment Plan in Romania

Switching to digital: RADIOCOM

A €9.8 million loan is supporting Romania’s Societatea Nationala de Radiocomunicatii SA (Radiocom) in its efforts to digitise the country’s terrestrial broadcasting infrastructure. The financing will be used to roll out a digital TV broadcasting network, to enable the switch-over from analogue to digital terrestrial television distribution. As a result, 94% of the population will be able to enjoy digital TV and Radiocom will make more efficient use of the highly valuable radio spectrum.

Circular economy: GREENFIBER

The EIB is providing a €7.5 million loan to GreenFiber International SA, a producer of recycled PET fibres, which are used in furniture, cars and fashion but also in construction. This circular economy project will help create 280 full-time jobs and will increase the amount of waste collected and processed in Romania by over 50,000 tonnes per year.

Upgrading water services: ALBA

A €12 million loan is helping the Alba County Regional Water Company to make upgrades in its drinking water supply and sanitation services for some 332,000 people in Romania’s Alba County. The total cost of the project is expected to be around €114 million and involves expanding the water network, upgrading water mains, building new wastewater treatment plants, extending the sewerage network and renovating pumping stations. 

Gas supply: TRANSGAZ BRUA

Transgaz is the national gas transmission company of Romania. The EIB is lending the company €100 million under the Juncker Plan to build a new European gas transmission corridor to increase security of gas supply and to reduce energy dependence by diversifying gas supply routes and sources. The project also benefits from €179 million under the Connecting Europe Facility.

 

Full list of EFSI-backed projects approved by the EIB

Full list of EFSI-backed agreements with financial intermediaries signed by the EIF