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Summary sheet

Release date
21 January 2014
Status
Reference
Approved | 28/02/2014
20130265
Project name
Promoter - financial intermediary
ESTONIAN ROLLING STOCK (FL 2008-0704)
PUBLIC ENTITY(IES), AS Eesti Liinirongid (Elron)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 12 million
EUR 81 million
Location
Sector(s)
Description
Objectives

The project is a major allocation under the structured programme loan "EU FUNDS CO-FINANCING 2007-2013 (EST) (2008-0704)" and concerns the acquisition of 18 Electric Multiple Units (EMU) for Elektriraudtee AS. The EU Commission's co-financing decision has been issued on 01/27/2010.

Improving the attractiveness of public transport through the modernisation and upgrade of Elron's rolling stock. The aim is to continue passenger transport with trains in the city of Tallinn and its vicinity. These units will replace all of the current rolling stock that is nearing the end of its useful life.

Environmental aspects
Procurement

The project does not fall under either Annex I or Annex II of the Environmental Impact Assessment directive 2011/92/EU, since manufacturing and use of rail rolling stock is not included in either list. The project is expected to include some positive environmental impact by helping the railways to maintain modal share in key sections of the passenger market that are most appropriately served by rail. Compliance with environmentally friendly design standards (in particular compliance with Decision 2006/861/EC concerning the technical specification for interoperability relating to the noise) will also be further assessed during the appraisal.

The Bank will require the Promoter to ensure that contracts for the implementation of the project have been/will be tendered in accordance with the relevant applicable EU procurement legislation (Directive 2004/17/EC in this case), with publication of tender notices in the EU Official Journal, as and where appropriate.

Related projects
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) - ESTONIAN ROLLING STOCK (FL 2008-0704)
Publication Date
12 Mar 2014
Document language
Main Topic
Lending
Document Number
50093764
Document Focus
Environmental Information
Project Number
20130265
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - ESTONIAN ROLLING STOCK (FL 2008-0704)
Publication Date
9 Oct 2017
Document language
Main Topic
Lending
Document Number
62987828
Document Focus
Environmental Information
Project Number
20130265
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.
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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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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