Weihs-Raabl, head of Erste’s infrastructure financing unit, said the group is interested in funding all types of infrastructure projects in Romania and it plans to contribute EUR200 million to projects in Corridor IV Pan European, which involves road segments with a total length of 288 km.
Through BCR, Erste will lend EUR23 million to industrial group Martifer, which will use the money on a wind farm in southeast Romania.
The group is also holding talks with local authorities regarding the construction of a bridge over the Danube, at Galati, in a project worth between EUR150 and EUR220 million, including financing for connecting roads.
Erste’s infrastructure funding division was founded in 2008 and, aside from Romania, it is active in Austria, Hungary, Slovakia, Turkey, the Czech Republic, Poland, Serbia, Croatia and Ukraine.