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Signature(s)

Amount
€ 400,000,000
Countries
Sector(s)
Germany : € 400,000,000
Services : € 400,000,000
Signature date(s)
21/07/2010 : € 400,000,000
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Summary sheet

Release date
9 February 2010
Status
Reference
Signed | 21/07/2010
20090592
Project name
Promoter - financial intermediary
Brandenburg Forschung II
Land Brandenburg and Investitionsbank des Landes Brandenburg
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 400 million
EUR 878 million
Location
Sector(s)
Description
Objectives

The purpose of the project is to co-finance the Federal State of Brandenburg eligible recurrent wage costs of scientists and academic workers employed in public scientific institutes and public universities and colleges as well as outlays for capital investments in research infrastructure and scientific equipment during the period 2009-2012.

By co-financing public R&D investments the project will assist Germany, and by extension the EU, in improving essential research capability. The proposed operation would be fully in line with the Bank’s priority of lending to projects in R&D and innovative downstream investment.

Environmental aspects
Procurement

Because the RDI projects will be carried out within existing science facilities, detrimental effects on sites of nature conservation are unlikely. It is, therefore, not expected that any RDI component will require an EIA as defined by EU Directive 97/11. This will be verified during appraisal.

The promoter is required to respect national and European legislation applicable to public authorities’ procurement. The Bank requires the promoter to ensure that all relevant contracts for the implementation of the project have been or shall be tendered in accordance with the relevant EU procurement legislation.

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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.

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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