Calls for tenders for the new EIB building in Luxembourg

The EIB has launched calls for tenders to appoint an execution design team and a construction   project manager for its new building project located on the Kirchberg campus next to the buildings it currently occupies. The calls for tenders were published in the Official Journal of the European Union on 18 October within the framework of the European Union public procurement procedure.

President Hoyer calls on Multilateral Development Banks to learn from each other

Global challenges like development and migration can only be tackled efficiently when Multilateral Development Banks (MDB) work together even more closely, EIB President Werner Hoyer stressed at the World Bank/IMF Annual Meetings in Washington on Friday. “We are strong believers at the EIB in multilateralism and co-operative structures”, the President of the European Investment Bank said in a panel discussion with heads of other leading MDBs at the World Bank headquarters. “The EIB is open to close collaboration with other MDBs.”

Italy: EUR 40 million to Avio under “Italian risk sharing initiative”

The EIB will provide EUR 40 million to the Italian Avio aimed to support the development of new products and technologies related to space propulsion systems through Research and Development activities as well as the modernization and the expansion of the production capacity at the facilities in Colleferro (Rome), the main company’s industrial site in Italy. This is the first EIB loan for a listed company under the “Italian risk sharing initiative” umbrella, the joint initiative of the EIB, the Ministry of Economic Development and the Italian Ministry of Economy, which aims to support investments in innovative projects promoted by small and medium-sized enterprises.