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    Signature(s)

    Amount
    € 25,000,000
    Countries
    Sector(s)
    Croatia : € 25,000,000
    Services : € 25,000,000
    Signature date(s)
    20/01/2014 : € 25,000,000

    Summary sheet

    Release date
    16 May 2013
    Status
    Reference
    Signed | 20/01/2014
    20120307
    Project name
    Promoter - financial intermediary
    HOTEL DUBROVACKA
    The promoter is a privately held joint stock company, a subsidiary of a leading hotel management company in Croatia.
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 25 million
    EUR 50 million
    Location
    Sector(s)
    Description
    Objectives

    Renovation and expansion of hotel 's facilities situated in two locations within the Dubrovnik area.

    The project comprises the redevelopment, modernisation and upgrading of a number of tourist accommodation and service units on two sites close to Dubrovnik, Croatia (Mlini and Srebreno).

    Environmental aspects
    Procurement

    If located within the EU, most of the proposed investments would fall under Annex II of Directive 2011/92/EU and none would fall under Annex I. The nature and scale of the investments are such that they would normally be screened out by the Competent Authority. The position of the relevant authority in Croatia will be established at appraisal.

    Both Mlini and Srebreno sites have sea frontage with existing hard construction elements within the Mediterranean International Coastal Zone Management Protocol limits. Funding will not be available for any new, hard developments within the boundary.

    The Bank will require the promoter to ensure that the procurement procedures followed are in accordance with the Bank’s Guide to Procurement and the relevant applicable EU public procurement rules

    Comments

    The project is in the tourism sector

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - HOTEL DUBROVACKA
    Publication Date
    14 Jan 2014
    Document language
    Main Topic
    Lending
    Document Number
    46995946
    Document Focus
    Environmental Information
    Project Number
    20120307
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - HOTEL DUBROVACKA
    Publication Date
    16 Nov 2017
    Document language
    Main Topic
    Lending
    Document Number
    78454366
    Document Focus
    Environmental Information
    Project Number
    20120307
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    News & Stories

    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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    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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