Search En menu en ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

    Signature(s)

    Amount
    € 300,000,000
    Countries
    Sector(s)
    Romania : € 300,000,000
    Signature date(s)
    24/12/2013 : € 110,000,000
    16/05/2014 : € 190,000,000

    Summary sheet

    Release date
    11 October 2013
    Status
    Reference
    Signed | 24/12/2013
    20130389
    Project name
    Promoter - financial intermediary
    ROMANIAN RURAL DEVELOPMENT EU CO-FINANCING
    ROMANIA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 300 million
    EUR 4320 million
    Description
    Objectives

    The project will support afforestation, forest rehabilitation, improved forest management, increased use of renewable energy, energy efficiency and small-scale rural and agricultural infrastructure. Specific, long-term environmentally-orientated RDP measures will be included. The operation will target selected elements of 8 Rural Development Programme measures from Axes 1, 2 and 3 plus Technical Assistance.

    The project will generate economic benefits in terms of employment, rural development and support to SMEs. The project will contribute to EU policy objectives in the fields of climate change, biodiversity protection and soil management. As the schemes are spread out in the country, the project will also support development in less-developed regions.

    Environmental aspects
    Procurement

    Certain project activities may require an EIA if deemed necessary by the competent authority, in accordance with Annex II of EIA Directive (85/337/EEC). Where an action may affect a Natura 2000 site (designated according to Habitats Directive 92/43/EEC / Birds Directive 79/409/EEC), the Bank will require the promoter to follow the directives’ procedures as transposed into national law and to complete Forms A or B as appropriate.

    The promoter is a public entity and therefore subject to procurement procedures complying with directive 2004/18/EG.

    Comments

    Romania’s current RDP, which has been developed in close co-operation with DG AGRI, is the country’s first full RDP as an EU Member State. It is a tool which lays foundations for structural modernisation and development of the country’s agriculture and forestry sectors. By supporting the government’s national contribution to these selected environmentally-orientated measures, this project will help to ensure timely implementation, directly contributing to successful long-term viability of the selected components of this important programme.

    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) - ROMANIAN RURAL DEVELOPMENT EU CO-FINANCING
    Publication Date
    22 Jan 2014
    Document language
    Main Topic
    Lending
    Document Number
    50098798
    Document Focus
    Environmental Information
    Project Number
    20130389
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - ROMANIAN RURAL DEVELOPMENT EU CO-FINANCING
    Publication Date
    8 Oct 2017
    Document language
    Main Topic
    Lending
    Document Number
    74917950
    Document Focus
    Environmental Information
    Project Number
    20130389
    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.

    Media enquiries

    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.

    Related publications