for the love of art.

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EIB Art Collection, Luxembourg
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Michael Craig-Martin, Parade, 2005-2008 © Christian Mosar
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Tony Cragg, Wirbelsaule/Articulated Column, 1997 / Fiona Rae, Endless Endless, 1999 © wili.lu
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Joan Hernandez Pijuan, Limits, 1998 / Sean Scully, PassengerWhite White, 1997 / Jaume Plensa, Untitled, 1996 / Jannis Kounellis, Untitled, 1996 © wili.lu
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Zofia Kulik, Splendour of Myself IV, 2007 / Maimouna Patrizia Guerresi, Black Oracles, 2009 © wili.lu
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Kosta Tonev, The Person Who Saved My Life, 2007 / Johanna Kandl, Untitled, 2000 / Suzy Gomez, Untitled, 2002 / Maja Bajevi?, Arts, Crafts, and Facts (Productivity, Average Hourly Compensation, Average Hourly Wage), 2019 © Courtesy of the European Investment Bank

About the collection

Exhibition public space:

The EIB does not have a dedicated public exhibition space, but shares its cultural assets with the public by regularly curating external exhibitions of its collection throughout landmark European cultural venues. Previous and future exhibitions include:

The EIB Collection is open to the public upon request.


Website:
institute.eib.org/programmes/arts/art-collection


Launch year:
1958

Number of artworks:
Around 900 works of art, including around 750 contemporary artworks

Artistic domain:

The European Investment Bank (EIB) has an art collection of some 900 works ranging across all media: paintings, photographs, works on paper, sculptures, installations, media-based art and site-specific commissions. The collection consists mostly of European contemporary art and is complemented by Old Masters, 19th century and modern pieces acquired prior to the establishment of a collecting policy focused solely on European contemporary art in 1984.

The collecting policy requires works of art to have been produced after 1958, by an artist alive at the time of acquisition who comes from one of the EU Member States or candidate countries. Art acquisitions are subject to a rigorous process of selection, under the guidance of an Arts Committee and with the assistance of industry experts. The guiding philosophy of the EIB art collection is to respond keenly to strategic developments in the EIB and the EU. In line with the geographic evolution of the EU, the EIB art collection pays particular attention to new entrants to the Union. Through its distinctive collecting policy, it provides a living testament to the construction/deployment and questioning of Europe and a forward-looking window on emerging talent.

The development of the collection remains a continuous process of renewal, reflecting the changing European landscape from the point of view of European artists. In recent years, efforts have been made to develop different means of sourcing work from newly established artists.

 

Status of collection:
International

Commission program / Site-specific order(s) :

Jaume Plensa BORN-DIE, 1999
Tamás Trombitás Letters, 1999
Magdalena Jetelová Chair, 2000
Michael Craig-Martin Parade, 2005-2008
Michael Craig-Martin One World, 2005-2008
Tobias Rehberger 283 Individual Works on Paper, 2008

Prize(s):

Artists Development Programme (ADP)

The ADP is an innovative mentoring/residency initiative to scout for, support and boost the emergence of promising artists. Launched in 2013, and now in its ninth edition, the ADP offers emerging European visual artists under the age of 35 the opportunity to develop their practice in a high quality professional context without any material constraints. It involves the creation of an art project under the mentorship of an internationally renowned artist. The mentors provide exceptional tutoring and networking avenues for young artists, while the exhibition of the produced works at the EIB premises adds the legitimacy and visibility of an established setting.

Upon the completion of the residency, the EIB considers acquiring the artworks produced. Since its inception in 2013, 25 artists or artistic duos have benefited from the programme, about 30 bodies of work have been produced and more than 20 of them have been included in the EIB collection.

Since its inception, the programme has consistently grown in scope and popularity among budding artists. Three calls for applications are separately established for each edition of the ADP, with either a geographic or a thematic focus, respectively drawing on artists from countries under-represented in internationally recognised European art spheres or addressing the strategic priorities of the EIB and topical issues in our society.

Names of recent laureates: Meta Dr?ar, Panayiotis Doukanaris, Niamh Schmidtke, Pamela Diamante, Karel Koplimets, Mark McGuinness and Darta Sidere.

Catalogs by the collection

European Investment Bank , Luxembourg

Launch year:
1958

International presence:
Some 30 offices around the world

Profile of the company:
The EIB is the lending arm of the European Union. It is the biggest multilateral financial institution in the world and one of the largest providers of climate finance. It is the only bank owned by and representing the interests of the EU Member States. The EIB provides finance and expertise for sound and sustainable investment projects that contribute to furthering EU policy objectives. More than 90% of the EIB's activity is focused on Europe but it also supports the EU's external and development policies.


Annual revenue:
Not disclosed

Number of employees:
Around 3,000 employees