Bucharest University of Medicine and Pharmacy seals EIB financing

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The European Investment Bank has agreed a new €24 million loan to enhance research, academic and student facilities at the Carol Davila University of Medicine and Pharmacy, in Bucharest. This is part of the EIB’s €100 million higher education investment initiative to support university investments in Romania.

The 25-year long-term financing EIB will support €48 million of new investments to upgrade facilities at Romania’s largest medical school. Investment includes refurbishment of the Faculty of Medicine and construction of two new-dedicated medical research centres. The EIB financing will also support energy investment work across the university campus.

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