The European Investment Bank (EIB) and Swedbank have secured €200.75 million in financing for the development of the Rūdninkai Military Town project in Lithuania, strengthening defence infrastructure and regional security.
The financing includes two equal loans of €100.37 million from the EIB and Swedbank to support Rudina, the developer of part A of stage II of the military town project. Rudina is managed indirectly by the INVL Defence Infrastructure Fund I, together with construction companies Conres and Fegda.
The project is considered a major step in expanding Lithuania’s defence capabilities and supporting the permanent presence of allied forces. The EIB said the investment demonstrates how cooperation between public institutions, private investors, and financial organizations can strengthen Europe’s security infrastructure.
Swedbank highlighted that long-term investments in defence and resilience contribute to economic stability by creating conditions where businesses and communities can continue to grow.
With financing now secured, the agreement between Rudina and the Lithuanian Ministry of National Defence has entered into full force. Construction partners are moving forward with large-scale development after completing preparatory work that began earlier.
The Rūdninkai Military Town is planned as the largest military infrastructure project in independent Lithuania’s history. The second phase includes construction across a 52-hectare area, featuring 27 buildings covering nearly 94,000 square meters.
The site will include facilities designed for military operations, including accommodation, vehicle and equipment areas, a parade ground, helicopter infrastructure, and other essential facilities for the German brigade stationed in Lithuania.
The project reflects growing cooperation between European institutions and private investors to support strategic infrastructure. The EIB and Swedbank say the investment will contribute to regional security while supporting Lithuania’s long-term resilience and development.
