Search En menu en ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

    Signature(s)

    Amount
    € 120,000,000
    Countries
    Sector(s)
    Moldova, Republic of : € 120,000,000
    Credit lines : € 120,000,000
    Signature date(s)
    31/07/2014 : € 120,000,000
    Link to source

    Summary sheet

    Release date
    20 June 2014
    Status
    Reference
    Signed | 31/07/2014
    20140041
    Project name
    Promoter - financial intermediary
    FRUIT GARDEN OF MOLDOVA
    ACCEPTABLE BANK(S)
    ACCEPTABLE CORPORATE(S)
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 120 million
    Not applicable.
    Description
    Objectives

    Global loan to the Republic of Moldova for the upgrading of the horticultural sector.

    The proposed operation will provide resources to a large number of micro-enterprises and SMEs. It is also expected to have a positive environmental and social impact. The proposed support to both the individual growers and the up and down-stream sector should allow future revenues to be developed, ensuring the long term viability of a strategically important sector for the economy.

    Environmental aspects
    Procurement

    The proposed operation is intended to address quality and financial issues and is being structured to develop existing facilities and resources together with building new capacity along the entire horticulture value chain. It is therefore unlikely that any sub-project would be of such a scale that it would have required an EIA if located within an EU member state. However, the handling of environmental issues will be fully reviewed at appraisal.

    The Bank will require the Promoter to ensure that any procurement procedures are done in accordance with the Bank’s Guide to Procurement and the relevant applicable EU public procurement rules.

    Comments

    This operation is covered by the EU Guarantee for EIB loans outside the EU.

    Link to source

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - FRUIT GARDEN OF MOLDOVA
    Publication Date
    4 Sep 2014
    Document language
    Main Topic
    Lending
    Document Number
    54357435
    Document Focus
    Environmental Information
    Project Number
    20140041
    Sector(s)
    Publicly available
    Download now

    News & Stories

    Videos

    Photogallery

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

    Media enquiries

    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    Zero tolerance against fraud and corruption

    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

    Related publications