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    Signature(s)

    Amount
    € 450,000,000
    Countries
    Sector(s)
    Poland : € 450,000,000
    Services : € 450,000,000
    Signature date(s)
    30/09/2011 : € 450,000,000
    Link to source
    Other links

    Summary sheet

    Release date
    15 June 2011
    Status
    Reference
    Signed | 30/09/2011
    20110242
    Project name
    Promoter - financial intermediary
    Poland - University Research Support

    Republic of Poland- Ministry of Science and Higher Education

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 450 million
    EUR 1 300 million
    Location
    Sector(s)
    Description
    Objectives

    The proposed operation will finance the eligible wage costs of academic workers employed in public scientific institutions and accredited public universities as well as capital investments in scientific infrastructure and equipment in 2011 and 2012.

    The proposed operation is fully in line with the Bank's priority of lending for the strengthening of basic infrastructure potential in a convergence region as well as for research and development activities in support of the Europe 2020 strategy and the Bank's Knowledge Economy objective.

    Environmental aspects
    Procurement

    The project primarily concerns research activities that will be carried out within existing facilities. An EIA is therefore not required in accordance with the EIA Directive 85/337, amended by 97/11 and by 2003/35/EC. However, parts of the investment may cover the construction of new facilities and therefore may be covered by Annex II of the Directive in relation to urban development. The Bank’s services will verify during appraisal whether an EIA is required for any component of the project.

    The Promoter is required to respect national and EU legislation applicable to public authorities’ procurement and the Bank requires that all relevant contracts for the implementation of the projects have been, or will be, tendered in accordance with the relevant EU procurement legislation. The procurement practices for the project will be examined during appraisal.

    Link to source
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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.

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    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.

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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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