BAKU, Azerbaijan, Feb.5. The European
Investment Bank (EIB) and European Investment Fund (EIF),
collectively forming the EIB Group, provided around €1.6 billion in
financing to Finnish public sector bodies and companies in 2025,
supporting climate action, energy security, innovation, and access
to finance for startups and SMEs, Trend reports via the Bank.
The financing helped mobilise total investments of roughly €4.9
billion in Finland, equivalent to 1.8% of GDP or €868 per
person.
Key projects included EIB support for new tram infrastructure in
the Helsinki metropolitan area, aimed at promoting sustainable
urban mobility and reducing transport emissions. The Bank also
financed upgrades to hospitals and schools to improve energy
efficiency and resilience, as well as safety and reliability
improvements at the Olkiluoto nuclear power plant to support
low-carbon electricity generation.
Support for industry and innovation included EIB financing of up
to €870 million for Nokia to advance research, development, and
innovation in mobile technologies such as 5G and 6G,
semiconductors, and digital connectivity, with part of the facility
specifically allocated to Finnish research and innovation
activities. The EIB also provided €20 million to Finnish startup
Aisti to scale sustainable, noise-reducing building materials made
from natural fibres, enabling a doubling of production capacity in
its Kitee facility.
In addition to direct financing, the EIF contributed €222
million through equity investments and guarantees for Finnish
companies, including a €30 million EU-backed export credit
guarantee pilot under InvestEU in partnership with Finnvera,
supporting Finnish trade with Ukraine. Finnvera also became an EIF
shareholder in 2025, strengthening collaboration to support SMEs
and economic resilience.
The EIB Group is the EU’s long-term financing institution, owned
by its Member States. In 2025, the EIB Group signed €100 billion in
new financing for over 870 projects across eight priority areas,
including climate action, digital innovation, security and defence,
cohesion, agriculture and bioeconomy, social infrastructure,
capital markets, and broader EU resilience. All projects are
aligned with the Paris Climate Agreement.