EIB Supports Romania’s Antibiotice with 25 Million Euro Loan

The Europen Investment Bank (EIB) signed 25 million euro loan agreement with Romanian pharmaceutical maker Antibiotice.

“The 25 million euro loan agreement will help finance the construction of a state-of-the-art production, packaging, and storage unit at Antibiotice’s Iasi site, facilitating development of new production lines, digitalization, research and development capacities,” EIB said in a statement.

The EIB loan represents a quarter of the total investment cost of 95.4 million euro.

This agreement was made possible with the support of the InvestEU programme.

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