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    Signature(s)

    Amount
    € 300,000,000
    Countries
    Sector(s)
    Romania : € 300,000,000
    Transport : € 300,000,000
    Signature date(s)
    27/12/2005 : € 300,000,000
    Link to source

    Summary sheet

    Release date
    17 February 2005
    Status
    Reference
    Signed | 27/12/2005
    20010413
    Project name
    Promoter - financial intermediary
    Railways Rehabilitation Project on Corridor IV
    Compania Nationala de Cai Ferate – CFR - SA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 300 million.
    EUR 850 million.
    Location
    Sector(s)
    Description
    Objectives

    The project includes the rehabilitation and modernization of the 184 km railway line from Curtici to Simeria, along Pan-European Transport Corridor IV, to reach maximum speeds of 160 km/h.

    • sustainable mobility along the Corridor IV,
    • increased travel speeds,
    • reduced travel time for passengers and goods,
    • increased transport safety,
    • increased inter-operability with EU standards.

    Environmental aspects
    Procurement

    The majority of the works will be on the existing railway right-of way and will not require particular environmental studies. However, the station refurbishments and the section of re-alignment will be subject to national and EU environmental regulations and requirements.

    Procurement will be undertaken in line with the EIB Guide to Procurement.

    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).

    News & Stories

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