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Signature(s)

Amount
€ 100,000,000
Countries
Sector(s)
Austria : € 100,000,000
Health : € 100,000,000
Signature date(s)
20/12/2018 : € 100,000,000
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Summary sheet

Summary sheet

Release date
14 May 2014
Status
Reference
Signed | 20/12/2018
20130433
Project name
Promoter - financial intermediary
LKH ST POELTEN
The Promoter is the Federal State Niederoesterreich through the publicly owned company “Landeskliniken-Holding”. With 27 hospitals locations, the promoter is the largest hospital provider in Austria.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 100 million
EUR 575 million
Location
Sector(s)
  • Health - Human health and social work activities
Description
Objectives

The project supports the infrastructure and organisational development programme for the regional hospital in St Poelten (Landeskrankenhaus (LK) St Poelten) in the Federal State of Lower Austria (Niederösterreich), Austria.

The hospital is situated in premises which date back to 1894 with the last major extensions in the 1970s. These buildings are no longer suitable for modern healthcare delivery and suffer structural problems and challenges. To ensure an efficient service and modern standards in healthcare delivery, the promoter has developed a long-term investment plan (2011-2021) to further develop the hospital on the existing site.

Environmental aspects
Procurement

Hospitals are not specifically mentioned in the EIA Directive 2011/92/EU, though the project may be covered by Annex II of the Directive in relation to urban development. The Bank’s services will verify during appraisal whether an EIA is required and the screening decision of the competent authority. It is expected that the project will have positive social benefits as healthcare is an element of social cohesion. The public building will be required to at least meet the relevant national targets on energy efficiency. The design energy performance of the hospital and any specific related targets to be met will be verified during appraisal.

The Bank will require the Promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Dir 2004/17/EC/ or 2004/18/EC and Dir. 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where appropriate.

Link to source
Summary sheet
Other links

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).

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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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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