Romania Joins EU Export Scheme for Ukraine

Romania Joins EU Export Scheme for Ukraine

Politics

Exim Banca Romaneasca has joined the InvestEU Ukraine Export Credit Guarantee Facility, a joint initiative of the European Commission and the European Investment Fund (EIF), the European Investment Bank (EIB) announced on Friday, CE Report quotes AGERPRES

The facility enables EU national export credit agencies to provide guarantees to small and medium-sized enterprises (SMEs) and Mid-Caps exporting goods and services to Ukraine. These national guarantees are backed by the EIF, part of the EIB Group.

Romania joins nine other EU countries—Denmark, Finland, France, Germany, Italy, Latvia, Slovakia, Slovenia, and Spain—in the €300 million program. The aim is to support Ukraine’s economy and reconstruction by facilitating the export of machinery, construction materials, and advanced technologies from the EU.

EIB Group President Nadia Calviño called the initiative “a win-win solution” that strengthens Ukraine’s recovery while supporting EU exporters.

More than 550 EU companies are expected to benefit, including 25 from Romania. Three more EU countries are expected to join soon.

Exim Banca Romaneasca Executive President Traian Halalai emphasized the bank’s commitment to helping Romanian firms contribute to Ukraine’s rebuilding and regional economic development.

The facility supports Ukraine’s integration into the EU single market and aligns with broader EU goals under the InvestEU program, which aims to mobilize over €372 billion in sustainable investments across the bloc by 2027.

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