Croatia’s Ministry of Finance published an update on the European Investment Bank (EIB) Group’s 10th anniversary of its local office in Croatia, featuring remarks by Deputy Prime Minister and Finance Minister Marko Primorac that describe the EIB Group as the country’s largest source of funding for development and investment projects. The ministry notes that EIB Group financing in Croatia since 1977 has exceeded EUR 10bn, while 2024 financing reached a record EUR 1.24bn, equivalent to 1.4% of Croatia’s GDP. The cumulative total comprises EUR 8.09bn from the EIB and EUR 2.02bn from the European Investment Fund (EIF), supporting infrastructure, SMEs and mid-caps, urban renewal, hospitals and education infrastructure, electricity grid stability and new renewable energy sources. The update highlights a EUR 400m framework loan for rail revitalisation within a fully allocated EUR 900m programme, alongside EUR 207m for Zagreb and EUR 71m for Split, and reports that EUR 721m of 2024 financing was directed to climate action and environmental sustainability. It also points to private-sector and innovation financing via HBOR and EIF, including EIF’s selection of Nvision Ventures as the third fund under the Croatia Venture Capital Initiative 2, and to technical assistance through JASPERS, ELENA and InvestEU Advisory, including advisory support for affordable housing systems in Zagreb, Split, Osijek, Rijeka and Varaždin. An open-air photo exhibition of EIB-financed projects will run at European Square in Zagreb until 31 October.

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