Lithuania financing from EIB Group totals €449 million in 2024, boosting business and green investments
Lithuania, Jan. 30 -- The European Investment Bank (EIB) Group's financing in Lithuania last year amounted to €449 million, spurring business investments and accelerating the country's green transition. The total for 2024 includes €240 million from the EIB and €209 million from the European Investment Fund (EIF), which targets small and medium-sized enterprises (SMEs).The EIB Group pledges last year in Lithuania supported 1,200 SMEs and Mid-Caps, sustained 19,000 jobs and covered 21 investment projects across the country. Top operations included EIB loans of €105 million to Lithuanian utility Ignitis Group for expanding a pumped storage hydroelectric power plant and €100 million to national railway service LTG ...
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