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    Signature(s)

    Amount
    € 29,000,000
    Countries
    Sector(s)
    Romania : € 29,000,000
    Water, sewerage : € 29,000,000
    Signature date(s)
    19/03/2004 : € 29,000,000

    Summary sheet

    Release date
    30 May 2003
    Status
    Reference
    Signed | 19/03/2004
    20020343
    Project name
    Promoter - financial intermediary
    Municipal Water Infrastructure II
    Romania, acting through the Ministry of Public Finance.
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to EUR 29 million
    EUR 120.6 million
    Location
    Sector(s)
    Description
    Objectives

    The upgrading of the water supply and wastewater infrastructure for the towns of Buzau, Piatra Neamt and Satu Mare.

    The project will accelerate Romania’s compliance with EU environmental standards, improve consumer and environmental services, reduce public health risks through reduced pollution and improve management of natural resources. The project will assist in developing institutional capacity in the environmental services sector. The Bank loan will complement grant money from the European Commission.

    Environmental aspects
    Procurement

    The project has an overall positive environmental impact. An Environmental Impact Assessment report including required public consultation has been prepared for all ISPA projects and reviewed by the European Commission, who gave their full consent.

    Tendering procedures will follow the principles of the respective EU procurement directives, including, where required, publication in the EU Official Journal. Tender evaluation procedures will be closely monitored by the EC Delegation in Bucharest

    Comments

    Environment – water and wastewater treatment

    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).

    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.

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    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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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