US EditionMinister of Finance Signs Second EIB Financing Contract for the Sibiu–Pitești Motorway
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Minister of Finance, Alexandru Nazare, signed on 15 January the second financing contract with the European Investment Bank (EIB) for road A1 Sibiu-Pitešti. The sum of 500 million euros is the second part of a total EUR 1 billion credit, approved by the bank for this infrastructure project, according to Romania Insider. [...]
Minister of Finance signs second EIB financing contract for the Sibiu–Pitești motorway
Romania’s Minister of Finance, Alexandru Nazare, has signed the second financing contract with the European Investment Bank (EIB), worth €500 million. The loan is intended to support the construction of the A1 Sibiu–Pitești Motorway, one of Romania’s most important road infrastructure projects. Through this new financing tranche, the EIB continues its support for Romania in building the first motorway crossing the Carpathian Mountains and ensuri…
The loan is part of a wider package approved by the European Union bank and will support the financing of work, together with European funds and budget money.
Minister of Finance, Alexandru Nazare, signed the second financing contract with the European Investment Bank (EIB), at EUR 500 million, for Autostrada Sibiu-Piteti. The project benefits from a financing programme up to EUR 1 billion approved by the EIB. The first transaction, at EUR 500 million, was contracted in October 2025. The Alliance of Transylvania Autostrada Sibiu–Pitisti is the first major route to cross the Carpathi Mountains. The rou…
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