BAKU, Azerbaijan, January 20. Central and
Eastern Europe is set to gain hundreds of new electric vehicle (EV)
charging stations after network operator Eleport secured a €35
million loan from the European Investment Bank (EIB), the bank
said, Trend
reports.


Eleport plans to deploy more than 250 fast-charging hubs at
major shopping and commercial centres across Croatia, Czechia,
Estonia, Latvia, Lithuania, Poland, Slovakia, and Slovenia. Each
station will feature up to 12 plugs capable of delivering 400
kilowatts (kW), allowing drivers to recharge quickly while
conducting everyday activities. The project is scheduled for
completion by 2028.


“This operation demonstrates how we can provide innovative,
long-term financing to fast-growing companies delivering
high-impact sustainable infrastructure,” said EIB Vice-President
Karl Nehammer. “Scaling up fast-charging infrastructure is
essential to accelerate the shift to electric mobility and reduce
emissions from road transport.”


Eleport, headquartered in Tallinn, Estonia, already operates
over 400 fast-charging points across six countries and is
developing an “Electric Amber Road” — a cross-border network
inspired by the historic trade route connecting the Baltic and
Adriatic coasts. Drivers will be able to use a single app for fast
charging along the entire network.







Eleport CEO Jakub Miler said the EIB loan would help expand
“reliable, high-quality charging infrastructure across Central and
Eastern Europe. Our goal is for electric-vehicle drivers to be able
to stop where they already need to be, plug in briefly and move on
with their day.”


The financing, supported by the InvestEU programme, aligns with
EU climate objectives and is classified by the EIB as 100% climate
action and environmental sustainability. InvestEU aims to mobilise
more than €372 billion in additional investment between 2021 and
2027, supporting projects in green energy, innovation, and
sustainable infrastructure.


The project underscores the EU’s push to reduce road transport
emissions while boosting cross-border connectivity and regional
development in the green economy.