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Summary sheet

Release date
3 September 2012
Status
Reference
Approved | 24/07/2012
20110290
Project name
Promoter - financial intermediary
RAILWAY CORRIDOR IV (BORDER - KM 614)
Romanian National Railway Company "CFR" - S.A.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 50 million
EUR 290 million
Location
Sector(s)
Description
Objectives

The project consists of the rehabilitation and upgrading of the existing railway line between the Romanian-Hungarian border and km 614 (Pan European Corridor IV) over approximately 41km, increasing line speed from 120 to 160km/h. Co-financing of structural and cohesion funds supported projects in Romania under the Sectoral Operational Programme - Transport (SOPT).

Together with significant rehabilitation and upgrading of TEN-T Priority Project 22 (PP22) Railway Axis Nürnberg/Dresden-Constanta, implemented concurrently in several Member States, the project will enable the railways to improve interoperability, efficiency and competitiveness against other modes – helping the railways to continue providing a comparatively more sustainable transport alternative in future, in line with EU policy.

Environmental aspects
Procurement

The project was classified in Annex II of the Directive 85/337/EEC on Environmental Impact Assessment (EIA) as subsequently amended by Directive 2011/92/EU. The project was therefore the subject of a case-by-case determination of the need for EIA, as part of an EIA screening procedure carried out by the relevant competent authority, the Local Environmental Protection Agency (LEPA) Arad, which concluded that an EIA is not required. Concerning the main impacts, the environmental authority imposed mitigation measures related to protection of water, air, and soil and waste management, particularly during construction. Noise protection measures have also been defined, particularly for the area around Arad station.

The promoter, CFR, is subject to the EU Directives on procurement. The procurement process for the works was based on a two-stage approach, with a first pre-qualification stage followed by a submission of offers by the pre-qualified tenderers. The losing bidder contested the outcome of the tender, but at the end of this process its claim was rejected by the Romanian courts.

Link to source

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).

Documents

Environmental and Social Data Sheet (ESDS) - RAIL BORDER-KM 614 (FL20080170)
Publication Date
23 Apr 2015
Document language
Main Topic
Lending
Document Number
58589461
Document Focus
Environmental Information
Project Number
20110290
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - RAIL BORDER-KM 614 (FL20080170)
Publication Date
1 Jan 2019
Document language
Main Topic
Lending
Document Number
88620422
Document Focus
Environmental Information
Project Number
20110290
Sector(s)
Regions
Countries
Publicly available
Download now

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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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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