The EIB’s art collection encompasses paintings, photographs, works on paper, sculptures and installations. It contains mainly works of European contemporary art but also some Old Masters, 19th century and modern artworks. The current collecting policy has been designed to very gradually create a singular and long-term perspective on contemporary EU art. Art acquisitions are subject to a rigorous process of selection: works of art need to have been produced after 1958 by a living artist at the time of acquisition, coming from one of the EU member or candidate countries. The Bank has tended to acquire art at an early stage in an artist’s career: some of the artists have since become widely recognised, or even iconic and internationally acclaimed such as Janis Kounellis, Anish Kapoor, Tony Cragg, Sean Scully or Olivier Debré. In recent years the emphasis has been on acquiring work from emerging or newly established artists. The artistic focus of the art collection reflects the EIB’s role at the forefront of promoting economic and social development in Europe and naturally interacts with the evolving scope of the Bank’s character and activities, particularly its geographic expansion in line with that of the EU.Status of collection:
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
Artists’ Development Programme
The ADP offers emerging European visual artists (under the age of 35) a four-week residency in Luxembourg mentored by an internationally renowned European artist, enabling them to develop their artistic talents, bring about the “production” of an art project and be introduced to appropriate public fora. Upon the completion of the residency the EIB considers acquiring the artworks produced. The project aims to catalyse artistic innovation and foster emerging talent, in a highly challenging economic environment characterised by reduced funding for Europe’s cultural sector.
The ADP was launched in 2013 and has since consistently increased its target audience. The renowed Polish conceptual artist Mirosław Bałka was the mentor during the first two editions. For the 2015 and 2016 editions, the mentor is leading British visual artist Darren Almond. A geographical or / and medium or / and thematic focus is separately established for every edition of the ADP.
Names of the last laureates: Markus Hoffmann, Aaron Beezzina, Dominik Gajarsky, Sjoerd van Leeuwen.
Some 30 offices around the world
Profile of the company:
The EIB is the European Union's bank. It is the only bank owned by and representing the interests of the European Union Member States. It works closely with other EU institutions to implement EU policy. As the largest multilateral borrower and lender by volume, it provides finance and expertise for sound and sustainable investment projects which 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.
Number of employees:
Around 2,700 employees