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    Signature(s)

    Amount
    € 30,000,000
    Countries
    Sector(s)
    Bulgaria : € 30,000,000
    Credit lines : € 30,000,000
    Signature date(s)
    5/10/2006 : € 30,000,000
    Link to source
    Data sheet

    Summary sheet

    Release date
    1 September 2006
    Status
    Reference
    Signed | 05/10/2006
    20060206
    Project name
    Promoter - financial intermediary
    DSK Global Loan

    DSK
    Sofia, Bulgaria

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to EUR 30 million.
    EIB finances up to 50% of total project costs.
    Location
    Sector(s)
    Description
    Objectives

    Small- and medium-scale projects in the fields of environmental protection, energy/energy savings, infrastructure, development of a knowledge-based economy, industry, services and tourist industry in Bulgaria.

    The loan targets the financing of SME’s, public sector authorities including municipalities and projects of private and public promoters of any size and ownership in the fields of i2i, energy and environmental protection, Mid-cap enterprises.

    Environmental aspects
    Procurement

    Bulgaria is gradually introducing environmental legislation in view of harmonizing its environmental standards with EU regulations. Within the framework of the global loan, the Borrower will be requested to ensure compliance of the sub-projects with EU directives, as appropriate.

    Gradually being harmonized with EU regulations. Borrower will be requested to ensure compliance of the sub-projects with EU directives, in particular for the award of public sector contracts.

    Link to source
    Summary sheet

    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

    Other links
    Data sheet
    Summary sheet

    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.

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