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EIB Announces €100 Million Green Financing for Hungarian Businesses

Eligible uses include solar photovoltaic systems, energy-efficiency upgrades and electric vehicles. EIB records also list a similarly sized operation signed in March 2025.

Updated 2 min read
Solar panels cover a commercial warehouse roof in Budapest, Hungary, beneath an overcast sky. / TokenPost.ai (mono)
Solar panels cover a commercial warehouse roof in Budapest, Hungary, beneath an overcast sky. / TokenPost.ai (mono)

The European Investment Bank announced Nov. 6 that it is providing €100 million to Eximbank Hungary for green investments by businesses, aiming to help companies reduce energy use and reliance on fossil fuels.

Eligible categories include solar photovoltaic systems, upgrades to improve energy performance at industrial facilities and commercial buildings, electric vehicles and related infrastructure. The EIB did not identify recipient projects or divide the financing among those uses.

The bank said the program aligns with REPowerEU objectives. It said the financing is intended to lower companies’ energy costs and fossil-fuel use while supporting their competitiveness.

“The green transition is not just a climate imperative; it is a business opportunity,” EIB Vice-President Marko Primorac said. EXIM Hungary CEO Zalán Kiss said the agreement could help more Hungarian businesses access financing for energy-saving and other green projects.

The EIB describes EXIM Hungary as a joint entity of the state-owned Hungarian Export-Import Bank and the Hungarian Export Credit Insurance Company. The announcement did not provide interest rates, maturity, a disbursement timetable or an expected number of recipient firms.

The EIB’s project database lists a €100 million operation for eligible green investments through Magyar Export-Import Bank loan programs, signed March 20, 2025. That record says the operation aimed to ease financing constraints for small and midsize businesses. EXIM Hungary’s relationship-history page also lists a €100 million EIB agreement in the first quarter of 2025. The EIB did not say whether the financing announced Nov. 6 is separate from the €100 million operation signed in 2025.

The EIB has used export-import banks to channel financing to businesses elsewhere in the region. In Slovakia, it signed a €50 million loan with Eximbanka, which planned to match the amount for a pool of up to €100 million for exporters, as EconoTimes reported.

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