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Signature(s)

Amount
€ 84,000,000
Countries
Sector(s)
Lithuania : € 84,000,000
Transport : € 84,000,000
Signature date(s)
29/03/2010 : € 20,000,000
16/06/2006 : € 64,000,000
Link to source

Summary sheet

Release date
17 February 2004
Status
Reference
Signed | 16/06/2006
20000400
Project name
Promoter - financial intermediary
Lithuanian Railways II - Locomotives project
Lithuanian Railways Company.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to 50% of project cost.
Estimated at approximately EUR 100 million.
Location
Sector(s)
Description
Objectives

The project comprises the purchase of 34 locomotives for freight.

Renewal and extension of the locomotive fleet to sustain the development of rail transit on East-West corridor and transport by rail in Lithuania.

Environmental aspects
Procurement

The environmental impact is expected to be positive, as the modernisation of the locomotive fleet should reduce fuel consumption and limit airborne pollution.

Tendering to comply with the Bank’s rules and Lithuanian Public Procurement Law.

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).

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