Leading figures from the European Investment Bank and the European Investment Fund will visit Dublin this week.

EIB Vice President Ioannis Tsakiris and EIF Chief Executive Marjut Falkstedt will hold meetings with government ministers to announce new business financing and visit innovative Irish companies and research institutions over two days.

Minister for Finance and governor of the EIB, Paschal Donohoe said: "We greatly value our close relationship with the EIB Group, as demonstrated by the annual High-Level Financing Group Meeting.

"Their continued investment across various sectors is a valuable part of Ireland's sustainable growth and development. I welcome EIB Vice President Tsakiris and CEO Falkstedt to Dublin and look forward to productive discussions."

The EIB Group provided €721m in for housing, business and innovation investment in Ireland last year, and has also backed housing, education, healthcare, energy, transport and business investment across the country in recent years.

During the visit, Tsakiris and Falkstedt are expected to meet with Donohoe, Minister for Enterprise, Tourism and Employment Peter Burke, and Minister for Housing James Browne.

The delegation will also meet the CEOs of the NTMA, ISIF and SBCI, and visit the headquarters of medical device firm Neuromod and with Fountain Healthcare, an EIF venture capital portfolio fund that has invested in Neuromod. 

Tsakiris and Falkstedt will also meet with four Irish technology companies backed by EIF portfolio fund Atlantic Bridge (Siren, Equal1, UBOTICA and Manna Drone) and visit EIB-backed campus developments at the Royal College of Surgeons of Ireland.

"I look forward to engaging with our Irish partners and deepening our already strong collaboration," said Tsakiris.

"This week’s visit provides a valuable opportunity to discuss Ireland's investment priorities and explore how the EIB Group can further contribute to key sectors such as housing, climate action, and innovation."

Falkstedt commented: "The European Investment Fund has a long and successful track record of supporting Irish SMEs and innovation through our partnerships with institutions like the SBCI and Irish venture capital and private equity partners.

"This visit will allow us to listen to investment priorities, reinforce these relationships and explore new opportunities to foster growth and competitiveness in the Irish economy."

Photo: European Investment Bank Vice-President Ioannis Tsakiris. (Pic: Thierry Monasse/Getty Images)