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    Summary sheet

    Release date
    28 November 2012
    Status
    Reference
    Approved | 28/02/2014
    20120131
    Project name
    Promoter - financial intermediary
    PLOVDIV WATER
    The promoter is the Republic of Bulgaria and the beneficiary is the municipality of Plovdiv.
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 25 million
    EUR 74 million
    Location
    Sector(s)
    • Water, sewerage - Water supply; sewerage, waste management and remediation activities
    Description
    Objectives

    Upgrading and extension of the collection system and upgrading of a waste water treatment plant in Plovdiv, Bulgaria's second largest city. The project has been prepared by JASPERS and an application for co-financing from EU grants under the OP Environment has been submitted to the EU Commission.

    The project aims at protection of public health and the environment from water pollution, while maintaining a balanced development of water supply and sanitation with focus on wastewater collection and treatment, as well as safeguarding the financial and operational viability of the water company.

    Environmental aspects
    Procurement

    The project is strongly environmentally driven, although its public health impact is considered to be its primary merit. The schemes will contribute to meeting Bulgaria´s needs in relation to compliance with the EU Urban Wastewater Treatment Directive.

    Procurement procedures will be consistent with the Bulgarian public procurement law that is transposing the relevant EU public procurement directives.

    Comments

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative 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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    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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