Gordana Kovacevic
Press officer
- European Investment Bank
- Communication Department
- Vladimira Popovića 38-40
- 11070 Belgrade
- Serbia
+352437970356
More press releases
2 September 2024
Bosnia and Herzegovina: EIB representation in Sarajevo marks five years of successful operation
The representation of the European Investment Bank (EIB) in BiH is celebrating the fifth anniversary since its opening. With over €900 million allocated to new investments since 2019, the EIB has provided favourable financial conditions to projects across the country, often combined with grants from the European Union channelled through the Western Balkans Investment Framework (WBIF). The lion’s share of the funds have been allocated to the transportation sector (€590 million), as well as to support for small and medium companies (€155 million) through favourable credit lines, followed by investments in the water, energy, healthcare and education sectors. In terms of technical support, the Bank has provided some €3 million in grants from its own Economic Resilience Initiative (ERI), while €10.5 million of advisory services have been delivered through the WBIF. These funds have backed the preparation and implementation of projects.
18 July 2024
Serbia: EU and its bank EIB Global provide €96 million to modernise electricity distribution network and improve waterborne transport
During his first visit to Serbia, the European Investment Bank (EIB) Vice-President, responsible for the Western Balkans, Robert de Groot attended the signature ceremony for an €80 million loan with Elektrodistribucija Srbije d.o.o (EDS), Serbia’s electricity distribution company, to replace obsolete electromechanical metering devices with around 400 000 smart meters. As part of a wider electricity grid modernisation programme, the installation of new smart meters will help the distribution system operator reduce electricity losses, improve collection rates and facilitate the integration of renewables in the near future. The signature ceremony was attended by the Minister of Mining and Energy Dubravka Đedović Handanović, Business Systems Director of EDS Vjekoslav Bobar, and State Secretary for the Ministry of Finance Ana Tripović.
29 May 2024
Montenegro: The European Union through EIB Global to invest up to €76 million in reconstruction of Bar–Podgorica–Vrbnica railway line under Team Europe initiative
In the presence of high-level government and EU officials, the European Investment Bank (EIB) Global has signed a €75.5 million financial agreement for the reconstruction of a 167 km long railway section between Bar, Podgorica and Vrbnica. These infrastructural improvements along the extended Trans-European Transport Network (TEN-T) will improve rail capacity, efficiency and safety, benefiting over 1 million passengers a year and international freight traffic. The project will also promote a modal shift from road to rail, contributing to a more sustainable transport system in the country.