Eib loans Romania 368 million euros for construction of hospital in Craiova

The European Investment Bank has granted a 368 million euro loan for the construction of a hospital in Craiova, Romania's southernmost city (EIB).

According to a statement issued by the Finance Ministry on Monday, the hospital would include 807 emergency care beds and 130 intensive care beds. The project is scheduled to be completed in 2027.

"Once Craiova's new regional hospital is finished, approximately 1.9 million people in southwestern Romania will benefit from exceptional medical services," said finance minister Adrian Caciu. According to him, the unit will employ 3,000 workers in total.

According to Christian Kettel Thomsen, vice president of the European Investment Bank (EIB), Romania has secured the largest healthcare investment loan ever from the bank.

Loans from the EIB totaling 555 million euros were utilized to construct regional emergency centers in Iasi and Cluj-Napoca. This is the third facility in the series. In mid-2019, the European Investment Bank (EIB) signed new PASSAs totaling 20 million euros with Romanian authorities to provide technical help for the development of three hospitals.