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Signature(s)

Amount
€ 34,683,249.91
Countries
Sector(s)
Poland : € 34,683,249.91
Transport : € 34,683,249.91
Signature date(s)
9/06/2011 : € 34,683,249.91
Link to source
Data sheet
Other links
Summary sheet

Summary sheet

Release date
27 May 2010
Status
Reference
Signed | 09/06/2011
20090776
Project name
Promoter - financial intermediary
Poznan Tramway

Miejskie Przedsiebiorstwo Komunikacyjne W Poznaniu Sp. z o.o.

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
PLN 140.24 million. (approx. EUR 36.26 million.)
PLN 350 million. (approx. EUR 81.45 million.)
Location
Sector(s)
Description
Objectives

The project consists of the acquisition of 45 low floor tramways that will substitute the existing vehicles and modernise the fleet of the public transport operator.

The project will improve the quality of public transport services in terms of speed, comfort and reliability and will increase the attractiveness of public transport in the urban area of Poznan, thus contributing to reduction of reliance on private cars and the negative impact of transport on the environment.

Environmental aspects
Procurement

The construction of the new rolling stock will take place in the manufacturer’s plants and does not fall within the scope of Directive 85/337/EEC (as subsequently amended), therefore no EIA is required for the project. The project is expected to contribute to an overall improvement of the urban environment by encouraging the use of public transport in a congested urban area. Some additional positive impacts will derive from the operation of new vehicles equipped with a regenerative braking system that will ensure better energy and environmental performances.

The Promoter is subject to and follows EU Directives (2004/18/EC and 2004/17/EC) on procurement, including publication in the EU Official Journal, that have been transposed into national Polish legislation. All contracts have gone or will go through an internal standardised tender procedure. Under these conditions, the procedures chosen by the promoter are suitable for the project and in line with Bank’s requirements. Application of EU legislation will be reviewed by the Bank’s services during appraisal.

Link to source
Summary sheet
Other links

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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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.
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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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