Release date: 4 April 2006
Promoter – Financial Intermediary
Mediocredito del Friuli-Venezia Giulia S.p.A. is a medium- and long-term lending bank operating in North-East Italy. Established as a public law institution in 1957, MCFVG has been a joint-stock company since 1993.Location
Description
Global loan for the financing, both through medium and long-term lending and leasing schemes, of SME investments as well as small and medium sized projects in infrastructure, energy, environment and human capital/i2i sectors.
At least 70% will be utilised in favour of SMEs.
Objectives
To sustain mainly projects aiming to reinforce the productivity and competitiveness of SMEs as well as other investments compliant with the EU eligibility criteria.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 70 million
Total cost (Approximate amount)
Not Applicable.
Environmental aspects
Complying with EU and national legislation on environmental protection and right of on-site inspection.
Procurement
Complying with EU procurement procedures. For large investments the Bank recommends that international bidding procedures be followed whenever possible, even if EU directives do not apply.
Status
Signed - 30/06/2006