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Signature(s)

Amount
€ 100,000,000
Countries
Sector(s)
Austria : € 100,000,000
Services : € 100,000,000
Signature date(s)
18/10/2011 : € 100,000,000
Link to source
Data sheet

Summary sheet

Release date
14 April 2011
Status
Reference
Signed | 18/10/2011
20100684
Project name
Promoter - financial intermediary
MedAustron R&D

EBG MedAustron GmbH

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 100 million
Up to EUR 200 million
Location
Sector(s)
Description
Objectives

The project concerns the design, construction and operation of a hadrontherapy centre, the purpose of which is to undertake systematic clinical and non-clinical research into the use of proton and ion therapy in the treatment of cancer.

The project could contribute to much needed clinical research on the efficacy of proton and ion therapy as treatment options for cancer.

Environmental aspects
Procurement

The promoter has indicated that, according to Austrian law, an Environmental Impact Assessment is required for the construction of new particle accelerators providing energies of more than 50MeV. Since the MedAustron accelerator exceeds this threshold, an environmental impact assessment has been requested by the local authority and was approved on 20th January 2011. The environmental impact of the project, as well as the EIA process will be assessed during appraisal.

The promoter will follow public procurement rules. Procurement procedures being followed will be verified during appraisal.

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).

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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