Completed project – EIB 7 credit line amounting to EUR 100 million in support of Macedonian companies
On 30 December 2025, the Development Bank withdrew the tenth and final tranche of the EIB 7 credit line intended for the green transition. The total amount of this tranche is EUR 9,251,488. The funds from this tranche are allocated to support 17 Macedonian companies, predominantly operating in the manufacturing sector. With the disbursement of this tranche, the Development Bank completed the implementation of the seventh phase of the credit line funded by the European Investment Bank, amounting to EUR 100 million.
Through the EIB 7 credit line, 259 projects of Macedonian companies were supported. The EIB 7 credit line achieved the objectives for which it was created: increasing liquidity in the economy, retaining existing jobs and making new ones, boosting exports, ensuring sustainable economic growth and competitiveness, as well as encouraging companies to invest in the green transition to achieve long-term cost savings through reduced energy consumption and the preservation, protection, or improvement of the environment.
To date, seven phases of the EIB credit line totaling EUR 650,000,000 have been implemented through the Development Bank. Funds from these credit lines have supported 2,621 projects of domestic companies and led to the creation of 9,260 jobs.
The eighth and ninth tranchesof EUR 14,2 million from the credit line for investment and development of companies, disbursed to intermediary banks
The Development Bank disbursed the eighth and ninth tranches of EUR 14,2 million to intermediary banks for 45 approved projects from the credit line for investment and development of domestic private companies. The funds from this tranche are intended for projects of 2 micro, 24 small, 6 medium, and 13 large companies. 10,9 million euros are allocated for investments in buildings and equipment, 3,1 million euros for investments in renewable energy sources, while 177 thousand euros are allocated for investments in transport vehicles. The majority of the funds are aimed at financing 23 projects of companies with predominantly production activities.
With this tranche, the Development Bank has so far disbursed a total of 217,5 million euros to intermediary banks out of the planned 250 million euros intended to support the economy through the credit line for investment and development, financing 766 projects of domestic companies.
Supporting Sustainability for Businesses in North Macedonia
Through a joint initiative with the Government, the Development Bank of North Macedonia, and local commercial banks, EIB Global has supported 120 companies with financing for 150 green projects - from solar panels and energy-efficient upgrades to advanced recycling technologies.
Part of the success stories include the following companies:
- Vitaminka – Macedonian food company, installs solar panels,
- LTH Learnica (LTH Casting) – car parts producer, enhances the automation to cut emissions and increase productivity,
- Dema Stil– toy manufacturer from Kriva Palanka, reduces energy consumption,
- Otpad Ohrid– wastemill company from Ohrid, increasing its recycling capacity thanks to new machinery,
- Kiro Dandaro Printing House – modernising printing and packaging processes towards more efficient, productive, and greener production,
- Bucen Kozjak– dairy producer from Kumanovo, modernizes the production processes,
- Hotel Pamela – expanding modern hospitality offer in Negotino,
- Dental Craft – dental office and laboratory from Skopje gets sophisticated prosthetics equipment.
These efforts are not only reducing emissions and supporting Climate Action, but also creating jobs and strengthening the local economy.
- loans to support women's entrepreneurship
- loans for green investments
- loans for digitization
- annual interest rate up to 3.5%
- via intermediary banks
On 30 December 2025, the Development Bank withdrew the tenth and final tranche of the EIB 7 credit line intended for the green transition. The total amount of this tranche is EUR 9,251,488. The funds from this tranche are allocated to support 17 Macedonian companies, predominantly operating in the manufacturing sector. With the disbursement of this tranche, the Development Bank completed the implementation of the seventh phase of the credit line funded by the European Investment Bank, amounting to EUR 100 million.
Through the EIB 7 credit line, 259 projects of Macedonian companies were supported. The EIB 7 credit line achieved the objectives for which it was created: increasing liquidity in the economy, retaining existing jobs and making new ones, boosting exports, ensuring sustainable economic growth and competitiveness, as well as encouraging companies to invest in the green transition to achieve long-term cost savings through reduced energy consumption and the preservation, protection, or improvement of the environment.
To date, seven phases of the EIB credit line totaling EUR 650,000,000 have been implemented through the Development Bank. Funds from these credit lines have supported 2,621 projects of domestic companies and led to the creation of 9,260 jobs.
The Development Bank disbursed the eighth and ninth tranches of EUR 14,2 million to intermediary banks for 45 approved projects from the credit line for investment and development of domestic private companies. The funds from this tranche are intended for projects of 2 micro, 24 small, 6 medium, and 13 large companies. 10,9 million euros are allocated for investments in buildings and equipment, 3,1 million euros for investments in renewable energy sources, while 177 thousand euros are allocated for investments in transport vehicles. The majority of the funds are aimed at financing 23 projects of companies with predominantly production activities.
With this tranche, the Development Bank has so far disbursed a total of 217,5 million euros to intermediary banks out of the planned 250 million euros intended to support the economy through the credit line for investment and development, financing 766 projects of domestic companies.
Through a joint initiative with the Government, the Development Bank of North Macedonia, and local commercial banks, EIB Global has supported 120 companies with financing for 150 green projects - from solar panels and energy-efficient upgrades to advanced recycling technologies.
Part of the success stories include the following companies:
- Vitaminka – Macedonian food company, installs solar panels,
- LTH Learnica (LTH Casting) – car parts producer, enhances the automation to cut emissions and increase productivity,
- Dema Stil– toy manufacturer from Kriva Palanka, reduces energy consumption,
- Otpad Ohrid– wastemill company from Ohrid, increasing its recycling capacity thanks to new machinery,
- Kiro Dandaro Printing House – modernising printing and packaging processes towards more efficient, productive, and greener production,
- Bucen Kozjak– dairy producer from Kumanovo, modernizes the production processes,
- Hotel Pamela – expanding modern hospitality offer in Negotino,
- Dental Craft – dental office and laboratory from Skopje gets sophisticated prosthetics equipment.
These efforts are not only reducing emissions and supporting Climate Action, but also creating jobs and strengthening the local economy.
- loans to support women's entrepreneurship
- loans for green investments
- loans for digitization
- annual interest rate up to 3.5%
- via intermediary banks
The Development Bank of North Macedonia is a development bank that is 100% owned by the Republic of North Macedonia. It was founded in 1998 with the primary goal of supporting domestic micro, small, medium, and export-oriented trading companies and strengthening the competitiveness of the Macedonian economy. The bank supports domestic companies through direct and intermediated lending, short-term insurance of the export of Macedonian products and services against commercial and political risks, domestic factoring and export factoring with recourse, as well as issuing guarantees.
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